Europe Warns Oil and Gas Prices Will Stay High Through 2027
European Union officials warned Friday that oil and gas prices across European Union are expected to remain elevated through at...
US Labor Market Holds Strong While Housing Sector Weakens
The United States labor market continued showing resilience in May despite mounting economic pressure from the war involving Iran, while...
US Stocks Recover as Oil Prices Fall After Sharp Market Swings
U.S. stocks erased early losses Thursday after oil prices suddenly reversed lower, helping ease investor fears about inflation, borrowing costs...
Rising Bond Yields Shake Markets and Pressure Trump Economy
The global bond market is once again flashing warning signs as rising yields pressure stock markets, increase borrowing costs and...
Retail Earnings May Reveal Cracks in US Consumer Spending
Quarterly earnings reports from some of America’s biggest retailers could offer the clearest sign yet of whether rising prices are...
Trump Crypto Venture Linked Indirectly to Networks Used by Iran Exchange
Iran’s largest cryptocurrency exchange processed billions of dollars through blockchain networks tied to major supporters of the Trump family’s crypto...
NextEra and Dominion Strike $67 Billion Deal Amid AI Energy Boom
NextEra Energy announced Monday that it plans to acquire Dominion Energy in an all-stock deal valued at approximately $67 billion,...
Oil Prices Ease as Wall Street Steadies After Iran Scare
Global markets stabilized Monday after oil prices surged overnight on escalating tensions tied to the Iran war before easing later...
Cisco Leads Wall Street Higher as AI Stocks Surge
U.S. stocks climbed Thursday as strong earnings from Cisco Systems and continued enthusiasm around artificial intelligence pushed Wall Street closer...