‘Hormuz has to reopen’: Why the oil industry can’t help Trump tame rising gasoline prices - Politico
Oil industry executives say much of the administration’s messaging on supply disruptions from the Iran war has discouraged drilling.
Oil industry executives say much of the administration’s messaging on supply disruptions from the Iran war has discouraged drilling.
Gold headed for its biggest weekly loss since 1983, as war in the Middle East boosted energy prices and reduced expectations for interest-rate cuts.
Stocks fell Friday as traders kept monitoring the Iran war, with the major averages on pace to record another losing week.
This spring's housing market is on, but economic headwinds are pushing back most of the advantage that buyers have gained over the past year in affordability.
“This will be so, so, so, so, so bad,” one analyst says.
The Dow, the S&P 500, and the Nasdaq Composite are falling as the Iran war continues to cause stock market volatility.
US Treasuries sank and bond traders increased their bets on a Federal Reserve interest-rate hike by October to 50% as concern mounts that a protracted war in the Middle East could stoke global inflation.
People should change how they travel, work and cook to tackle the energy price crisis, the International Energy Agency says.
Trump opposed the $6.2 billion merger until NextStar pulled Jimmy Kimmel off air over his Charlie Kirk comments. State attorneys general have filed a lawsuit to stop the takeover.
This week’s Optimizer delves into how boy kibble, proteinmaxxing, protein washing and the wellness Wild West can lead to protein paranoia.
The tech firm said it placed Yih-Shyan Liaw and one other employee on administrative leave.
Three charts show the extent of the U.K. government's borrowing woes.
The metaverse has Meta sorry end.
History shows markets tend to bottom about three weeks into a crisis
From waiving the Jones Act to rerouting oil through the Red Sea, governments are doing their best to make up for the crisis in the Strait of Hormuz, but prices are still rising.
Oil prices dipped Friday but remained well above $100, with energy infrastructure in the Middle East damaged and the vital Strait of Hormuz still largely shut.
Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished the twin leaders of China’s tech arena for failing to lay out clear visions for how to profit off artificial intelligence.
"If that $500,000 engineer did not consume at least $250,000 worth of tokens, I am going to be deeply alarmed," says Nvidia CEO Jensen Huang.
War in the Middle East is disrupting supplies and driving up prices
Three teenagers in Tennessee have sued Elon Musk’s xAI, claiming the company’s image-generation tools were used to morph real photos of them into explicitly sexual images. The high school students are seeking to proceed under pseudonyms. They filed the lawsui…
March Madness ends April 6
(AP) – Federal regulators on Thursday approved a new higher-dose version of the blockbuster obesity drug Wegovy that may help users lose more weight and keep it off.
Oil shocks don’t only raise prices. They also destroy growth and jobs.
OpenAI is working on a desktop “superapp” that merges its ChatGPT app, the Codex AI coding app, and its AI-powered Atlas browser into one app, The Wall Street Journal reports.
Blue Origin is the latest company to propose an orbital data center system, filing plans for a constellation of up to 51,600 satellites.
Federal aviation officials are investigating a close call at Newark Airport in which an Alaska Airlines jet flew over a FedEx cargo plane during landing approaches. The incident happened Tuesday night at the busy airport. The NTSB and the FAA are both investi…
President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell's time at the top of the central bank even after his term formally en…
Micron impressed Wall Street analysts with its massive beat-and-raise earnings report. But investors took profits in Micron stock.
Patients taking retatrutide, lost 16.8% of their body weight over 40 weeks.
The conflict in Iran is driving up more than just gas prices. Here's a full accounting of the cost of the conflict to American households.
River Oaks gas stations are charging hefty prices at the pump as gas prices surge nationwide as a result of the war in Iran.
“At a time of extreme and growing inequality," said one critic, "today’s proposals will drain lending away from Main Street families’ needs and priorities and further enrich the already wealthy on Wall Street."
The Iran-linked hacking group had been quiet since causing significant disruptions to American medical company Stryker.
"It's one of those things that's almost like the old law," Richard Haass told Fortune. "It's fine until the day it's not."
Spring break traffic is expected to surge 10% at O’Hare amid the ongoing federal shutdown and record TSA sick calls.
Rivian admitted in a regulatory filing that it is delaying its goal of reaching "positive EBITDA" next year because of how much it is spending on developing self-driving technology.
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Everything you need to know before you reach the office this morning.
The industry is staring down prolonged disruptions in the Persian Gulf. Emerging economies are already paying the price.
The most visible barometer for many Americans of how it's going in Iran may well be the price posted at the gas station down the street.
Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing. But not everyone is eligible.
The Nvidia CEO said AI agents would work around the clock so human workers don’t have to keep up with them.