Economy Nov 04 U.S. stocks surge, and the Dow soars 1,500 points as Brent oil's price drops below $95 per barrel U.S. stocks are soaring Wednesday after President Donald Trump’s party lost its sole control of Washington in the midterm elections.
Economy Oct 01 More swings for bond yields rattle financial markets worldwide High yields slow the economy by making it more expensive for everyone to borrow money, while undercutting prices for stocks and other investments.
Economy Sep 16 U.S. stocks slip after the Fed raises interest rates, hints more hikes may be on the way U.S. stocks slipped Wednesday after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more may be ahead as it tries to get the nation’s high inflation under control.
Nation Sep 12 Anthropic CEO says AI industry needs to give safety measures time to catch up “I believe that if slowing down bought us even an extra year or two before models reach critical levels of capability, and we used that time to advance alignment, we could greatly reduce the risk that something goes seriously wrong,”…
Economy Sep 02 Why bond yields are rising and why everyone should care Rising bond yields are one of the few forces in the world strong enough to get politicians to snap to attention. They can also have a big impact on Americans' personal finances and on the broader economy.
Economy Aug 19 An alarmed bond market gets the Trump administration to act again Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders.
Economy Aug 11 U.S. stocks edge further from their records as oil prices keep swinging U.S. stocks slipped a bit further from their records Tuesday, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again.
Nation Jun 08 Wall Street holds steadier as AI stocks recover some of last week's sell-off Some of the best performers were companies that sell computer chips, memory and other products fueling the AI boom.
Nation Apr 20 Oil prices rise and stocks give back part of record-breaking rally following latest Iran tensions Oil prices are climbing following the latest rise of U.S.-Iran tensions, but the moves are more modest than they were earlier in the war.
Economy Apr 17 Oil prices plummet as Wall Street rallies to new record following Strait of Hormuz reopening Oil prices are falling by more than 10%, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude…