Chelsey Dulaney

The Japanese auto giant Toyota on Tuesday lifted its profit outlook. It can thank the weak yen. The automaker said it now expects the yen to average 160 per U.S. dollar in its current fiscal year, compared to 150 per dollar in its previous forecast (the yen traded at around 158 on Tuesday). The cur

Earnings are taking back the spotlight today, culminating in the release of SpaceX's first quarterly report after the closing bell.

U.S. Treasury Secretary Scott Bessent on CNBC today expressed optimism that the U.S. is nearing a deal with Iran, sending oil prices lower. "We are in talks with Iranians and I think there is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized positio

Asked today on CNBC whether a deal to reopen the Strait of Hormuz would allow Iran to charge ships a toll for transit, U.S. Treasury Secretary Scott Bessent said: "I think it would be freedom of movement. Even though things are still a little dicey there over the past few days, we saw quite a few s

Treasury Secretary Scott Bessent laid out his rationale for conducting a rare joint intervention with Japan to help stem the decline in the yen on CNBC: A weak yen could set off a chain of currency devaluations, which could hurt U.S. companies. "If the yen were to weaken substantially, then the

Oil prices have reversed course and the Dow industrials has jumped after Scott Bessent said a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow.”

Stocks are rallying and oil prices are sliding after Treasury Secretary Scott Bessent said a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow.”

Stocks are rallying amid strong earnings and comments by Treasury Secretary Scott Bessent that a deal with Iran to reopen the Strait of Hormuz could come “today or tomorrow.”

Once a nation of homebodies, Americans are now zealous international travelers, led by wealthy boomers and restless Gen Zers.

Al Lenza's parents traveled overseas three times after immigrating to the U.S. in 1961. Lenza estimates he's taken 500 trips in 50 years.