Oil Prices Tick Higher Amid Hope the Strait of Hormuz Will Reopen
Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
Allowing Iran to Charge Fees in Strait of Hormuz Would Set ‘Dangerous Precedent,’ Maersk CEO Says
With the United States and Iran nearing a deal to reopen the Persian Gulf, the mega shipping firm is treading cautiously.
Political Spotlight Shines on Warsh for His First Fed Meeting as Chairman
The new Fed chairman is bound to face the unyielding attention of the president that nominated him.
Elon Musk’s Next Move May Be a Mega-Merger of SpaceX and Tesla
Some shareholders might object, but there is little they could do, legal experts say.
Who is Kevin Warsh, the Fed’s new chairman?
Mr. Warsh will make his public debut as the Federal Reserve’s chairman on Wednesday.
The Cloud Has Sound: The Unrelenting and Unseen Cost of A.I. Data Centers
As tech giants rush to build infrastructure, some residents who live near data centers say a constant low-frequency vibration is ruining their health and homes.
A New Era of Super-Hybrids to Ease Range Anxiety
Extended-range electric vehicles promise to reduce costs and appeal to America’s appetite for adventure. And they’re coming to showrooms soon.
Prediction Markets’ Next Major Bet: Wall St. Traders
Platforms like Kalshi let millions wager on sports and pop culture. They’re now hoping institutions will use them for big-ticket trading like hedging.
Rachel Reeves, UK Chancellor, Confronts the Political Challenges of Fiscal Stability
Rachel Reeves came into office promising to adhere to strict rules on spending and borrowing. Two years later, a special election could determine if she will continue in her role.
SpaceX’s Growing Warchest
Shares in Elon Musk’s SpaceX have been on a tear, giving the rockets and artificial intelligence company financial resources to box out competitors.
Japan Raids Ice Cream Giants in Cartel Investigation
The Fair Trade Commission said that it suspected six leading ice cream manufacturers fixed the prices of popular frozen treats.
The U.S. Economy Is Leaving Small Businesses Behind
Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances.
‘Backrooms’ and ‘Obsession’ Disrupt the 2026 Summer Box Office
“Backrooms” and “Obsession,” two breakout horror films from first-time directors in their 20s, have arguably redefined what a summer blockbuster can be.
Who Will Get Spirit Airlines’ Coveted Flights at LaGuardia?
A bankruptcy court has started the process to sell the airline’s right to fly to and from the New York City airport, but finding a buyer could be hard.
Beijing’s New Message to Its Citizens: Your Money Belongs at Home
Eager to keep capital within its borders, China is restricting the ways individuals can engage with global markets.
Best-Selling Memoirist Sues Classmate Who Said She Used Her Story
Amy Griffin contended that she was defamed when a former classmate accused her in a lawsuit of appropriating parts of her story of being sexually abused for “The Tell.”