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Economy

U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month

Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic

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Economy

The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.

Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could

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Economy

Average U.S. gas price hits $4 for the first time since 2022

The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges

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Economy

A global jet fuel shortage is raising the cost of air travel

American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited

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Latest News

US dollar set to fall? Energy shocks and policy risks raise doubts

The US dollar may be poised for a decline as elevated energy prices, domestic policy risks and a rising risk premium chip away

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Investing

U.S. Indicts 10 Crypto Market-Making Executives in Major…

The U.S. Department of Justice has indicted ten executives and employees affiliated with four cryptocurrency market-making firms—Gotbit, Vortex, Antier, and Contrarian—on charges related

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Investing

Quantum Computing Threat to Crypto Security Draws Scrutiny…

Growing advances in quantum computing research are renewing scrutiny over the long-term security of cryptocurrencies, with industry participants evaluating the potential impact on

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Investing

OpenAI Raises $122 Billion in Record Funding Round,…

OpenAI has secured $122 billion in new funding, marking the largest private capital raise in the technology sector and pushing the company’s valuation

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Investing

Trump to Address Nation on Iran War as U.S. Signals…

U.S. President Donald Trump is scheduled to address the nation on Wednesday evening with an update on the ongoing war with Iran, as

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Investing

Crypto Markets Hold Firm as Geopolitical Optimism Supports…

Cryptocurrency markets continued to demonstrate resilience this week, with major digital assets holding elevated price levels as improving geopolitical sentiment supported broader risk

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