Economics

Late Tuesday, markets wavered and oil prices climbed. Earlier in the day, President Donald Trump signaled optimism over a potential Iran deal. Markets Edge Lower, Oil Prices Climb  Dow futures fell 12.00 points, or 0.02%, to 50,022.00, while S&P 500 futures declined 10.00 points, or 0.14...

U.S. equities pushed to fresh record highs by midday Wednesday, with the S&P 500 and Nasdaq 100 each clearing new all-time peaks as a wave of blowout AI earnings collided with a sharp slide in oil prices on hopes that Washington and Tehran are closing in on a deal to end the war. President...

White House economists have reportedly estimated that the agreements President Donald Trump has made with pharmaceutical companies to reduce U.S. prescription drug prices could lead to savings of $529 billion over the next decade. The analysis was carried out by administration...

(Editor’s note: The future prices of benchmark tracking ETFs, and the headline, the lede and the economic were updated in the story.) U.S. stock futures rose on Wednesday, after Tuesday’s record close. This followed President Donald Trump‘s announcement of a temporary pause in a...

President Donald Trump signaled an end to Operation Epic Fury and the U.S. blockade of the Strait of Hormuz on Wednesday, promising free passage through the chokepoint if Iran agrees to terms — sending oil into freefall and equities to record highs. Earlier Thursday morning, a Reuters report,...

Citadel Founder and CEO Ken Griffin shared his insights on the ongoing war, inflation, and the potential political repercussions in the upcoming midterm elections. In an interview with CNBC on Tuesday, Griffin commended President Donald Trump‘s handling of the Iran war, stating it has...

For more than a decade, China has been waging a quiet offensive against the U.S. dollar, and the front line has been oil. Beijing’s pitch to oil-producing countries has been simple: stop pricing your crude in U.S. dollars and start accepting Chinese yuan instead. Every barrel that trades in...

The S&P 500 index climbed to another record high on Tuesday, rising 0.81% to close at 7,259.22, as easing oil prices and upbeat earnings continued to fuel the market rally. The Polygon-based (CRYPTO: POL) Polymarket crowd is overwhelmingly bullish heading into Wednesday. The May 6 market shows...

A growing gap in male labor force participation is raising fresh concerns about the strength and composition of the U.S. economy, as economists point to a slowdown that is disproportionately creating jobs in healthcare rather than traditionally male-dominated sectors. Fewer Male Workers Signal...

As the Federal Reserve injects billions into the U.S. Treasury market to absorb record debt issuance, BlackRock's Rick Rieder warns that the real upside remains in stocks. Fed’s Quiet Bond Accumulation “The Federal Reserve is loading up on US Treasuries,” noted The Kobeissi Letter...

Late Tuesday, U.S. markets and global oil prices reacted swiftly after President Donald Trump announced a temporary pause in a military-backed operation designed to escort commercial ships through the Strait of Hormuz. Dow Futures Rise As Oil Prices Retreat Dow futures rose 104.00 points, or 0.21...

The yield on the 30-year US Treasury bond has retaken the 5% mark for the third time in less than three years, and this time the bill is arriving in plain sight: Washington is now spending roughly $1.22 trillion a year servicing its debt, the equivalent of over 4% of GDP and a level the...

In the face of the ongoing Iran war, which has disrupted over a fifth of the global energy supply, the U.S. economy has demonstrated remarkable resilience, according to an economist. Eswar Prasad, a senior professor of trade policy and economics at Cornell University attributed this resilience to...

New York Federal Reserve ​President John Williams projected that the effect of tariffs could phase out from the inflation rate in the coming quarters. The impact of tariffs, mainly shouldered by domestic producers and consumers, has “not yet fully played out,” said Williams in...

(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures rose on Tuesday after Monday’s lower close, following the announcement of "Project Freedom” by President Donald Trump. The U.S. military said on Monday...