Why oil had been nearing peak even before Trump statement on Iran, according to top economists

Well-respected economists Krugman and Brooks believe we are near to the peak in oil prices because demand destruction takes ...

‘The bank told me I could be liable’: I found out why my brother, who has a reverse mortgage, ran out of money

Dear Quentin, I have an update on my earlier letter. I mentioned how shocked I was when my elderly brother reached out to ask ...

Equinor Buys Brazilian Wind Farm Project From Vestas

Equinor acquired an onshore wind farm project in Brazil from Vestas Wind Systems as it seeks to broaden its integrated power portfolio. The Norwegian energy major said Monday that through its Rio ...

Pause in strikes could turn into 'more sustainable ceasefire' says advisory firm

President Donald Trump may have issued his ultimatum to Iran because he was "aware of the agreement already underway", according to Signum Global Advisors. Andrew Bishop, global head of policy ...

Aurinia Names Board Chair Kevin Tang New CEO, Overhauls Executive Team

Aurinia Pharmaceuticals named its board chair Kevin Tang as its new chief executive, replacing Peter Greenleaf, who had been CEO since 2019. Tang is president of Tang Capital Management, a life ...

The one thing we do know after Trump's latest announcement

Investors are operating with pretty low visibility early Monday after an announcement from President Donald Trump sent stock futures surging and crude-oil prices skidding lower. But one thing is clear ...

Stock futures trim gains but still set to open sharply higher

Initial wild swings across markets following President Donald Trump's announcement that the U.S. and Iran had engaged in "very good" talks have started to fade in recent trading. Kneejerk gains have ...

Fed rate-hike possibility had been building, but now lowered

The market-implied possibility of a rate hike from the Federal Reserve by the end of the year has fallen to 14.7% from 25.4% on Friday, according to the CME FedWatch tool. The more dramatic change ...

Iranian official tells news agency there aren't any talks with the U.S.

The Iranian outlet Tasnim says not just that President Donald Trump backed down but there are no negotiations and there have been no negotiations. It quoted a senior security official said the ...

S&P 500 set to rise as Trump announces 'good and productive conversations' with Iran

U.S. stock futures turned higher as President Donald Trump said the U.S. and Iran had had "very good and productive conversations" over the past two days. Futures linked to the S&P 500, Dow Jones Indu ...

USA Rare Earth, Compass Partner to Expand U.S.-Made Rare Earth Magnet Supply

USA Rare Earth and Compass Diversified are teaming up to boost supplies of U.S.-made rare earth magnets critical to semiconductors and technology ranging from missiles and fighter jet guidance systems ...

Iran's response: Trump backed down

Iran was quick to respond to President Donald Trump's post, by saying the U.S. president had backed down. "After the Islamic Republic threatened that in the event of any U.S. attack on Iran's energy ...