U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year

The Treasury Department said the U.S. budget deficit came in at nearly $2 trillion for the 2026 fiscal year. The U.S.

Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge

Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of ...
CNBC

Apple’s $1,999 iPhone Duo puts the company's status-symbol power to the test

Apple's iPhone Duo launch-day pickup inventory sold out quickly, with some delivery estimates already slipping into late ...

Tesla unveils long-delayed Roadster, showing off its flying-car ambitions

CNBC's Phil LeBeau reports on the latest news on Tesla.

Brent oil touches $110 as Iran escalates Hormuz attacks, Ukraine vows to hit Russian refineries

U.S. crude oil prices rose sharply Friday as Iran escalated its attacks in the Strait of Hormuz this week and Ukraine vowed ...