Asia Is Getting Crushed Between Oil Prices and the Dollar
From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.
Official News
Curated from top global sources
The Oil Price Shock Could Make Italian Ice More Expensive
Higher energy prices caused by the war with Iran could affect more than just prices at the pump for American consumers.
As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
What Sora’s End Says About OpenAI’s Strategy
The artificial intelligence start-up has pulled the plug on the video-making tool as it rethinks spending ahead of a possible blockbuster I.…
The Choking of Hormuz
Trade is trickling through the vital artery connecting the Persian Gulf and the world, creating an economic shock thousands of miles away.
What Happened After a U.S. Warship Hit an Iranian Mine in 1988
President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils o…
A Coach, Mechanic or Housekeeper, but for Your Finances
Daily money managers generally help older adults and the wealthy, but busy professionals are increasingly using their services when they get…
The Single-Family Home Gets Caught in a Political Vise
Within the Senate’s housing bill lie the terms of an unusual debate: Who gets to own — and live in — single-family homes?
Oil Prices Tumble 6% as Trump Shows Eagerness to Talk to Iran
Investors reacted to signals of possible de-escalation of the war in the Middle East.
New York Times Accuses Pentagon of Defying Court Order
The company said in a legal filing that the department sought to fashion an “end run” when it issued revised media rules on Monday.
Delta Air Lines Says It Will Suspend Special Services for Congress Members
Airport escorts and “red coat” assistance for lawmakers will be suspended, the airline said on Tuesday, citing the extended partial gove…
New Limits on Investors and a Debt Downgrade Add to Private Credit Woes
Investors are concerned about the health of the industry, which ballooned over the past decade.