Rising levels of inflation wrecked the stock market party in 2022. Could the same happen in 2026? Federal Reserve Chair Jerome Powell certainly thinks it is a possibility. After the Federal Reserve decided to keep interest rates unchanged at its latest po
Oil prices have soared this year due to the war with Iran. Brent, the global oil benchmark, has surged from $60 to more than $100 a barrel, an over 70% gain. Crude prices will likely continue to rise the longer the war rages, as it directly impacts the oi
Meta (META) laid off roughly 700 workers across multiple divisions on Wednesday, while Fortnite publisher Epic Games announced on Tuesday that it was slashing over 1,000 roles amid a “downturn in Fortnite engagement,” CEO Tim Sweeney said in a memo to sta
U.S. officials this week said the historic spike in fuel prices during the war in Iran will be short-term and trumpeted record U.S. production at an industry conference where oil executives and government officials from Asia, the Middle East and Europe be
Until less than a month ago, most energy analysts were warning about a glut in oil and a likely glut in LNG as new capacity came online in the United States. Glut was the word that described global energy market fundamentals. Then the U.S. and Israeli str
US stocks rose on Wednesday as investors weighed reports that the US has approached Iran with a plan to halt fighting, raising cautious hopes for an easing in a war that has roiled markets.
Some of you who own Nvidia (NASDAQ: NVDA) stock or are considering buying the artificial intelligence (AI) chip and infrastructure leaders stock might be wondering if the Iran war, which began on Feb. 28, will hurt Nvidias financial results. Lets explo
The S&P 500 (SNPINDEX:^GSPC) fell 0.37% to 6,556.37, and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 0.84% to 21,761.89 on tech and software weakness. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.18% to 46,124.06 after a day of choppy,
US stocks surged on Monday, shaking off earlier losses as President Trump eased fears of an escalation in the Middle East war by postponing threatened strikes on Irans power plants.
Oil steadied after slumping 11% on Monday, as President Donald Trump backed down from strikes against Iran’s energy infrastructure.
Oil prices rose Sunday after Iran threatened to shut down the Strait of Hormuz indefinitely in response to President Donald Trump’s ultimatum on the restoration of oil traffic through the critical waterway.
How everything can change in an instant! Just one month ago, the futures market was pricing in two quarter-percentage-point interest rate cuts by the Federal Reserve by the end of 2026. And, according to futures pricing, there was a growing possibility th
Intensifying violence in the Middle East could send oil prices careening above their all-time high, raising the risk of higher inflation and slower economic growth, experts said.
US stock futures edged higher Thursday night as investors reacted to fresh remarks that appeared to dial back some of the market’s anxiety tied to the US-Isreali war with Iran.
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central banks second consecutive pause in 2026. In its policy statement, the Fed said U.S. economic uncertainty remains elevated, adding that the impact of the Iran
