Atlassian said it's cutting 10% of its workforce, or about 1,600 jobs, as it restructures to fund investments in artificial intelligence and enterprise sales.

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finance

Mar 11, 2026 • 2 min

Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

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CNBC Finance

finance

Mar 11, 2026 • 2 min

The memory stock cycle of boom-bust-repeat is over, executives say

Shares of Micron have skyrocketed 370% over the past year, while Sandisk is up more than 1100%.

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CNBC Finance

finance

Mar 11, 2026 • 4 min

Nike lands an 'unconventional upgrade' from Wall Street. Why we're still believers too

Jim Cramer says Nike is still worth owning because CEO Elliott Hill's turnaround efforts have shown signs of progress.

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CNBC Finance

finance

Mar 11, 2026 • 3 min

Trump admin to announce trade investigations, aimed at replacing IEEPA tariffs: Reports

The Supreme Court, in a 6-3 ruling, said President Trump was not authorized by the International Emergency Economic Powers Act, IEEPA, to impose tariffs.

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finance

Mar 11, 2026 • 3 min

Social Security 2027 cost-of-living adjustment forecast may rise with high oil prices

The Social Security cost-of-living adjustment for 2027 may be 1.7% to 2.8%, according to new estimates. But that could increase if inflation climbs higher.

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CNBC Finance

finance

Mar 11, 2026 • 2 min

Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says

The IEA is group of 32 advanced economies primarily in Europe, North America and northeast Asia. The U.S. is a member of the organization.

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