Business news

Business news • Apr 13

Where to invest $10,000 as the Iran war whipsaws markets, according to 9 Wall Street pros

We bring you the latest in our series on how to invest $10000, with nine Wall Street pros sounding off on where they'd park a chunk of cash right now.

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Business news • Apr 13

The Federal Reserve's April Inflation Forecast Is In -- and It Just Keeps Getting Worse for Wall Street

The Fed's projection is nightmare fuel for a historically expensive stock market.

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Business news • Apr 13

The Battle Over Refreshers Heats Up as McDonald’s Enters the Mix

The fast-food giant will add fruit-flavored drinks to its menus next month as chains like Dunkin' and Starbucks sell more cold drinks than hot ones.

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Business news • Apr 13

A Closed Strait of Hormuz Risks a Global Food Security Crisis

The war in Iran has done more than rattle energy markets. It has exposed an ordinary farm input as a strategic commodity. Urea is a concentrated,

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Business news • Apr 13

Anthropic Mythos Reveals Pandora’s Box Of AI Extensional Risks And For Safety Sakes Not Yet Publicly Released

Anthropic delays the release of Claude Mythos, their latest LLM. Testing revealed it could harm cyberdefenses. This raises thorny questions.

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Business news • Apr 13

World Bank chief sounds alarm about looming jobs crisis even after war ends

The Middle East war will dominate global finance officials' talks this week in Washington, but World Bank President Ajay Banga is sounding ​the alarm about...

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Business news • Apr 13

Exclusive: Luxury brands face profit squeeze as Iran conflict shrinks UAE mall sales, sources say

PARIS, April 13 (Reuters) - Sales at Europe's biggest luxury brands have shrunk in Dubai and Abu Dhabi as the Iran conflict hit the sector's fastest-growing...

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Business news • Apr 13

Dow Jones Futures Fall, Oil Prices Spike; U.S. Navy To Blockade Iran's Ports After Talks Fail

Dow Jones futures fall and oil prices jump. The U.S. Navy will blockade Iranian ports starting Monday after Iran talks ended with no deal.

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Business news • Apr 13

Dollar and oil rise as US-Iran peace talks collapse By Reuters

By Tom Westbrook and Amanda Cooper. SINGAPORE/LONDON, April 13 (Reuters) - Oil and the dollar jumped on Monday as the failure of U.S.-Iran talks to yield an...

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Business news • Apr 13

Oil Jumps, Stocks Drop on US Plan to Block Hormuz: Markets Wrap

Oil surged while stocks and bonds fell as a brief bout of market optimism unraveled after President Donald Trump ordered a blockade of the Strait of Hormuz,...

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Business news • Apr 13

Oil prices surge past $103 a barrel after US announces blockade of Iran

Asian stocks fall as blockade threat injects fresh turmoil into financial markets.

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Business news • Apr 13

Oil Climbs, Asian Equities Fall as U.S.-Iran Peace Talks Collapse

Oil climbed while Asian equities fell, as the collapse of the U.S.-Iran peace talks held over the weekend revived investor concerns over supply disruptions...

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Business news • Apr 13

Allegations Continue To Fly Over Shut Down Of $3.2 Million Kickstarter MMO Ashes Of Creation

A new report claims Intrepid Studios' CEO spent hundreds of thousands of dollars in Kickstarter funds to fuel his lavish lifestyle.

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Business news • Apr 13

‘He Ubers To The Bank’: Man Drives To Chicago To Sell His Corvette For $60,000. Then The Buyer Pulls A Wild Stunt

A car flipper says he drove seven hours to sell his Corvette Z06 to a buyer in Chicago who showed up to the meeting with a small bag of cash, asked to take...

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Business news • Apr 12

Asia markets open lower as oil surges after U.S. moves to blockade Iran ports

Asia-Pacific markets opened lower Monday, as investors weigh a U.S. naval blockade on Iran's ports after talks between Washington and Tehran failed to...

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Business news • Apr 12

2 arrested in SF after reported gunfire in Russian Hill

SAN FRANCISCO - Two people were arrested in San Francisco early on Sunday morning after allegedly firing shots in the city's Russian Hill neighborhood.

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Business news • Apr 12

Elon Musk, Who Owns X, Appears to Post on TikTok

Since spending $44 billion to buy Twitter in 2022, Elon Musk has transformed the social media site into X and turned it into his preferred conversation...

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Business news • Apr 12

Oil prices rise after the US says it would block Iranian ports starting Monday

Oil prices are rising in early market trading after the U.S. said it would blockade Iranian ports beginning Monday.

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Business news • Apr 12

Oil prices surge on Trump's blockade vow, failed U.S.-Iran talks

The surge undoes a large amount of the drop that followed last week's temporary ceasefire deal.

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Business news • Apr 12

Trump endorsed Palantir stock, and the market reacted

No sitting U.S. president had publicly endorsed a stock by its ticker symbol before Friday, April 10. Then President Donald Trump did it.

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