World Economy

Oil prices rose sharply on Friday morning after Iranian state media said that two rockets had struck an Iranian tanker traveling through the Red Sea.

Uber is buying a majority ownership stake of Cornershop, an online grocery delivery business serving Latin America in the latest step to diversify its revenue stream.

A new report shows the U.S. is less competitive than it was a year ago after Singapore knocks it out of the top spot as the world’s most competitive economy. Is the U.S. losing its competitive edge and should investors be worried? More now to talk about this is Michael Yoshikami, Founder & CEO at Destination Wealth Management.

A top labor leader has cast doubts on the House quickly approving President Donald Trump’s replacement for the North American Free Trade Agreement.

A single tweet has thrown the NBA into a geopolitical crisis with China which is threatening billions of dollars in a critical market. Eric Chemi has more for us.

House Speaker Nancy Pelosi, D-Calif., said Wednesday that Democrats are “making progress” on the trilateral trade deal with Mexico and Canada, known as USMCA, but need more assurances before they can approve the agreement.

Geoff Cutmore reports from Switzerland on the latest development of the Credit Suisse spy scandal.

Ford Motor has agreed to sell 51% of its business in India to Mahindra & Mahindra, one of the largest auto manufacturers in the country.

Seema Mody reports from New York where major CEOs met with India’s Prime Minister for potential trade opportunity in India.

Prime Minister Narendra Modi will meet with dozens of top U.S. executives in New York on Wednesday, according to a memo obtained by CNBC.

Negotiators from more than a hundred countries are working behind the scenes in Geneva, Switzerland, to keep a governing body over global mail intact.

Eamon Javers reports on President Trump’s tough talk at the UN General Assembly.

The world’s oldest travel company collapses and the impact is being felt in the local economies around the world. Willem Marx has more for us from London.

The Pentagon on Thursday said the recent strikes on Saudi Arabian oil facilities were “sophisticated” and represented a “dramatic escalation” in tensions within the region.

Joining us on the show to give us his analysis on the latest numbers that FedEx reported from its earnings report and what it means to the global economy is Donald Broughton, Managing Partner at Broughton Capital.