Rising tempo of combat in battle for Hormuz tests market’s confidence that the worst is over on Iran

U.S. stock futures dipped late Sunday while oil prices rose, but didn’t spike, as investors kept their cool after a weekend packed with new fighting in the Persian Gulf. Futures tied to the Dow ...

Michael Burry just shorted Caterpillar’s 172% AI rally. One analyst says his bet won’t even matter

Investor Michael Burry of “The Big Short” fame has a new short target in his sights: Caterpillar, the heavy-machinery giant that has surged thanks to the AI infrastructure boom. Burry, the former ...

Meet a British businessman who doesn’t regret his Brexit vote. He says rejoining the EU would be ‘re-boarding the Titanic’ while giving up life vests

Simon Boyd’s firm makes prefabricated steel structures on the south coast of England and ships them to customers as far away as Ghana and Barbados. Mike Hawes represents Britain’s carmakers as the ...

NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same dynamic

For two months, New York City Mayor Zohran Mamdani and Gov. Kathy Hochul have been building the infrastructure FIFA wouldn’t. Mamdani negotiated 1,000 World Cup tickets at $50 each with free ...

As Microsoft seeks to be AI’s center of gravity, CEO Satya Nadella makes the case in San Francisco

Microsoft Chief Executive Satya Nadella proclaimed a “new paradigm” on Tuesday in a keynote at the company’s Build conference in San Francisco. He was talking about the advent of agentic AI, but for ...

Ukrainian drone attack causes fire at Russian oil terminal used for exports

A Ukrainian drone attack caused a fire at another Russian oil terminal overnight, local officials in Russia’s Krasnodar region said Saturday, in what appeared to be the latest attack on Moscow’s ...

Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren’s ‘sock puppet’ criticism

The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most powerful central bank at a fraught moment for the global ...

Markets on alert as Trump vows Project Freedom for Hormuz after renewed attacks on ships

Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed social media post from President Donald Trump about Iran. Futures tied to the Dow Jones ...

U.S. Army soldier arrested for insider trading tied to capture of Maduro in Venezuela

Gannon Ken Van Dyke, a soldier stationed at Fort Bragg in North Carolina, helped plan and execute Operation Absolute Resolve, a daring mission that saw the U.S. Army capture former Venezuelan ...

Meet the man accused of throwing a Molotov cocktail at Sam Altman: a 20-year-old AI doomer

The man accused of throwing a Molotov cocktail at OpenAI CEO Sam Altman’s home in San Francisco was opposed to artificial intelligence, writing about AI’s purported risk to humanity and “our ...