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Eva RoytburgFortune |
Oil prices plunged 10% on Friday's announcement, but two veteran energy analysts say the celebration might be premature.
“Stock markets respond to risks shifting around,” top economist Claudia Sahm told Fortune. “Households respond to reality.”
What looked like a humiliation now looks more like a setup for a wild AI pivot. Meet NewBird AI.
Both U.S. forces and Iran are now blocking the Strait of Hormuz, but negotiators say an extended cease-fire is imminent.
Gen Z is furious about AI, and so is the American countryside.
Historians call it a “Suez moment”—when a fading empire goes to war to prove it is still one, and proves the opposite instead.
The "Trump Always Chickens Out" trade has made investors a fortune.
“With the so-called 'blockade,' soon you'll be nostalgic for $4–5 gas," Iran’s lead negotiator wrote on X.
When Poppi started running TV spots, Ellsworth said the goal was to stand out as much as possible, doing the opposite of what's expected.
More ships were crossing during war-time than peacetime.
Israeli strikes in Lebanon were at issue, according to the speaker of Iran’s parliament. Trump ripped into “Fraudsters, Charlatans, and WORSE.”
After weeks of tense brinkmanship, a tenuous truce was all traders needed.
Markets soared on the news, betting that he’ll accept.
Tehran called for citizens to physically shield critical infrastructure after Trump said an “entire civilization will die.”
Iran and the U.S. have fewer than 12 hours to make a deal.
The U.S. has a range of options that fall short of completely leveling the country or its vital infrastructure.
Strait of Hormuz traffic saw an uptick over a volatile weekend.
The strong March number takes rate cuts off the table, and lets the Fed focus squarely on inflation.
Anything sounds good to Wall Street, except more war. But Iran's power brokers may have little reason to stop.
Oil analysts warn April will be the cruelest month yet for energy prices, and a presidential speech may not be enough to change that.
The Nasdaq recovered half its drawdown over the past year in a single day.
The war with Iran could make companies start firing, Navy Federal Credit Union’s Heather Long said.
Trump is signaling that $4 a gas and plunging polling are too much: “the U.S.A. won’t be there to help you anymore, just like you weren’t there...
The Pershing Square Capital Management CEO is the largest shareholder in each company and stands to benefit the most from the stock surge.
Gas prices just hit their highest level since Russia's invasion of Ukraine, and Wall Street is bracing for stagflation as the conflict spreads.
Microsoft has sold off 32% in just five months.
TACO is over as the 10 year treasury yield spikes and the Nasdaq sinks over 10% from its peak.
“We greatly appreciate Elon’s generous offer,” White House spokesperson Abigail Jackson wrote to Fortune. But no.
Oil markets are whipsawing Wednesday amid dueling shaky peace proposals
Approximately $580 million of oil futures were sold before Trump shocked the markets with a dubious statement.
The "TACO trade" that rescued markets through the tariff wars may not survive a war with a regime that has nothing to lose — and knows it.
There is no scarcity of toilet paper in Japan. Why is it always the thing people reach for?
U.S. crude oil is back down to under $90, the lowest since the war began.
Harvest season in Brazil is about to begin, and cane farmers must decide how much goes to sugar and how much to ethanol.
The last cupcake brand standing from the 2010s boom is now open to a sale.
Jerome Powell said “don’t know” 17 times during the conference as he praised the economy’s resilience—but flagged rising inflation, stalled...
Electricity prices due to the investment into AI could spike, analysts have warned.
The infamous dot-plot shows sharper-than-ever divisions between Fed officials.
Israel attacked the world’s largest natural gas field in a coordinated attack with the U.S.
Coinbase's Oscar ad taps into a real and growing fear: that AI will sort most people into a permanent underclass they can't escape. Crypto, it says,...
Meta's CEO might emerge as the unlikely architect of a new era of AI-driven workforce cuts — one that analysts warn could ripple far beyond Silicon...
Dalio says that if the President Trump can’t get control over the Strait, he risks permanently damaging U.S. credibility on the world stage.
The price of oil sank Monday after Bessent said the U.S. “allowed” tankers to cross, despite the lack of assistance.
Epstein arranged for a visa; wired cash; paid for coding classes; and even housed a woman tied to Gates in a New York apartment, DOJ documents show.
Sea mines predate World War I, cost less than a used car, and can snap a ship in half. They also might be in the most important waterway on Earth.
There was a different agenda at a weekly operations meeting recently: the fact that Amazon.com hasn't been working as smoothly.
Meanwhile, the market shrugs at news of a record emergency release of oil.
How a convicted sex offender became a seven-figure negotiator for Microsoft’s No. 2 executive is the story of how Epstein got into the inner circle...
President Trump told CBS News reporter Weijia Jiang in a phone interview that the war “could be over soon.”
Jobs are negative on net since April, and oil is at $90.