Business

(NEW YORK) — Oil prices fell and stocks closed higher on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average closed up 317 points, or 0.7%, erasing much of the losses suffered on Friday as back-and-forth strikes broke out between the two countries. The S&P 500 […]

(NEW YORK) — The Trump Organization on Monday announced a mobile phone service and a Trump-branded smartphone, extending the family real estate company into the vast U.S. telecom market. The announcement arrives exactly 10 years after the launch of President Donald Trump’s first presidential campaign, and it features a monthly mobile plan priced at $47.45, […]

(NEW YORK) — Oil prices fell and stocks climbed in early trading on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average surged 415 points, or 1%, erasing much of the losses suffered on Friday as back-and-forth strikes broke out between the two countries. The S&P […]

(NEW YORK) — Oil prices surged and stocks slumped on Friday morning in the immediate hours after Israel began an attack on Iran targeting nuclear sites and senior military officers. The strike stoked concern among investors about a possible wider conflict across the Middle East, which accounts for a large share of global oil production. The U.S. West Texas […]

(LONDON) — The Nintendo Switch 2 is off to a turbo-charged start, thanks to a little help from Mario and his friends in Mario Kart World, smashing its own sales record by becoming the fastest selling Nintendo game system ever with more than 3.5 million units sold in just four days. Nintendo sold an estimated […]

(WASHINGTON) — The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations. The report amounted to the latest test for President Donald Trump’s tariffs as some retailers and economists warn the policy will raise prices. So far, the economy has defied fears of price hikes, […]

(WASHINGTON) — A fresh inflation report to be released on Wednesday will provide the latest test for President Donald Trump’s tariffs as some retailers and economists warn the policy will raise prices. So far, the economy has defied fears of price hikes, instead giving way to a cooldown of inflation over the months since Trump […]

(NEW YORK) — A feud between President Donald Trump and Tesla CEO Elon Musk hammered shares of the electric carmaker on Thursday, before a lull in the acrimony on Friday prompted a recovery of some losses. Still, as of midday Friday, shares had dropped nearly 10%, wiping out tens of billions of dollars in company […]

(NEW YORK) — The U.S. trade deficit narrowed significantly in April as President Donald Trump sharply escalated tariffs before pausing a large swath of the levies, U.S. Commerce Department data on Thursday showed. Trump touted the tariffs as an effort to slash the nation’s trade deficit, which the president has said he considers a threat […]

(WASHINGTON) — A digital asset company has collaborated with the firm behind President Donald Trump’s $TRUMP meme coin to launch what it’s calling the “Official $TRUMP Wallet” — but the president’s sons, who run Trump’s crypto businesses, say they have no involvement with the offering. In a post on X Tuesday, Jack Lu, the CEO […]