Why Stocks and Bonds Are Responding Differently to the Iran War
Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.
Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It
The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips
The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence.
Fast-Food Sales Rise Despite Higher Gas Prices
Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.
Oil Prices Slide on Hopes for Renewed U.S.-Iran Peace Talks
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
Why Investors Are Still Betting Big on Kalshi
The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
Help! We Got to the Gate in the Nick of Time, but Missed Our Flight.
A California couple rushed through Heathrow to catch their connecting flight, arriving with minutes to spare. But British Airways had already given away their seats.
Is It an Art Gallery? A Museum? A Theater? A Dream?
The Ministry of Awe, a new immersive experience in a former bank in Philadelphia, aims to help locate the wondrous in the everyday.
After Stumbles, Technology Meant for Self-Driving Cars Finds a Second Act
After a crush of promises in 2016 that autonomous cars would soon rule the road, companies whose tech underpinned them have shifted to other industries, like managing shipyards and city traffic.