Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to ?end the five-month war and reopen the Strait of Hormuz.
Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to ?get "too high" inflation back to the 2% target.
Oil prices and energy stocks fell Tuesday amid expectations of a U.S.-Iran deal that would reopen the Strait of Hormuz. Treasury Secretary Scott Bessent told CNBC in a televised interview that such a deal could be reached later today or tomorrow.
The commercial space industry is entering a new phase. Launching rockets is no longer the end goal. Rather, it is becoming the gateway to recurring, high-margin businesses built on satellite communications, data services, and global connectivity. Such is
Oil prices rebounded slightly on Tuesday, after plunging in the previous session, on concerns Middle Eastern supply remains at risk as a diplomatic resolution to the U.S.-Iran war ?that has disrupted shipments still seems unlikely.
The United States bought the Japanese yen for the first time in more than a decade as "a signal of friendship," President Donald Trump said Sunday. The rare bilateral intervention in Japans currency market was designed to prop up the yen from its 40-year
Greg Abel, the CEO of Berkshire Hathaway, recently bought homebuilder Taylor Morrison. The roughly $6.8 billion transaction was tiny for Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), given the giant conglomerate ended the first quarter with nearly $400 bil
Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Streets expectations thanks to strong sales of the iPhone and MacBook computers.
Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with ?SpaceX, the Wall Street Journal reported on Thursday, citing a person ?familiar with the talks.
Toyota and Nissan have suspended operations at their plants in southwestern Japan after a 7.1-magnitude earthquake shook the region. Though the plants themselves are undamaged, damage to suppliers and nearby infrastructure could lead to substantial delay
Micron Technology CEO Sanjay Mehrotra just handed shareholders that exact moment. He sold $37.3 million worth of stock the same week Micron shares hit a two month low, a figure that lines up with SEC filings reviewed by StockTitan.
Oil prices eased in early trading Sunday, falling further from a two-month high set last week, after the United States and Iran refrained from launching military strikes in the Persian Gulf for a second straight day.
According to the U.S. Energy Information Administration (EIA), the Strategic Petroleum Reserve (SPR) is currently at about 311.4 million barrels, a level it hasnt seen since 1983. Thats an over 100 million barrel decline from March when the EIA recorded
Alphabet disclosed in its earnings report that it had roughly $94.1 billion worth of SpaceX stock at the end of the second quarter. Tesla reported it held about $3 billion worth of SpaceX shares; Nvidia and Cisco are also likely shareholders.
Mizuho told clients that Oracle (ORCL) stock could more than double from here. The bank reiterated its Outperform rating and kept its $320 price target, a call that implies about a 164% rise from Mondays close.
