Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdoms East-West pipeline offline and cast ?doubt on efforts to ease shipping risks in the Gulf.
Artificial intelligence stocks tumbled on Monday after American leaders of the AI revolution called for a coordinated slowdown in building more powerful AI systems.
Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf ?compounded supply concerns following the closure of a key Saudi oil pipeline.
Anthropic PBC has picked Nasdaq as its listing venue ahead of a potential record-setting initial public offering, according to a person familiar with the matter.
The dollar traded near a seven-month low against the yen on Wednesday as oil prices settled above $100 a barrel amid an escalating conflict in the Middle East, while investors positioned for central bank meetings ?next week.
Chinas factory-gate inflation gathered pace in August and consumer price growth quickened, driven largely by elevated energy costs tied to supply risks from the Middle East war, even as underlying domestic demand remained subdued.
For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even after the June ceasefire between Iran and the United States collapsed, tankers moving in and out of Hormuz have been moving at rates hi
Oil prices held firm on Thursday after Brent crude breached $100 a ?barrel, with traders bracing for deeper supply ?disruption as Iran and the United States launched their largest attacks ?on shipping since their six-month-old conflict began.
More than six months after the U.S.-Iran war began, shipping traffic at the Strait of Hormuz remains disrupted, and oil prices are once again closing in on the $100 per barrel mark.
The United States banned a broad swath of Canadian alcoholic beverages, motorcycles and dairy products from import on Tuesday, sharply escalating an already acrimonious trade spat.
Oil extended gains as traders watched for details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz, which could tighten Tehrans control over the crucial waterway.
Although the stock market has advanced under most presidents, the annualized returns of the iconic Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and innovation-driven Nasdaq Composite (NASDAQINDEX:^IXIC) are higher wit
Oil prices extended gains on Monday as tit-for-tat strikes between the U.S. and Iran on vessels sailing in the Strait of Hormuz ?and other areas heightened concerns of a prolonged supply disruption from the Middle East.
Democratic Representative Haley Stevens blasted the "erratic" tariff war that President Donald Trump started with Canada, saying her home state of Michigan is bearing much of the economic fallout from the trade dispute.
OpenAI said on Thursday it would commit $1 billion in subsidized access to its AI cybersecurity tools, training ?and technical support for organizations that protect critical services, ?as concerns grow over increasingly sophisticated AI-enabled cyberatta
