Desperate Donald Trump has humiliated his own energy secretary in a row over gas prices. Chris Wright, 61, told CNN on Sunday that he did not think they would drop below $3 a gallon until at least 2027. In a phone interview with The Hill, the president, 79, disputed that assessment. “No, I think he’s…
Nvidia stock is up about 13% this year. A sizeable chunk of that gain occurred last week. Shares of the chip design giant rose 6% following the company’s April 14 press release about “new open-source AI models designed to advance” quantum computing, according to CNBC. QC can get answers to complex problems much faster than…
As Israel transitions from Memorial Day to Independence Day, the ceremonial lighting of torches symbolizes a complex national narrative, intertwining remembrance with celebration. This year’s selection of Avraham Zarbiv to light one of the torches has sparked intense debate, revealing stark divisions within the country about the interpretation of history, responsibility, and national identity. Zarbiv,…
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As the European Union navigates the complexities of its long-standing relationship with Israel, a pivotal discussion emerges around the potential suspension of the Association Agreement that underpins economic cooperation and trade. With increasing discontent among EU member states regarding Israel’s actions in the Palestinian territories, particularly Gaza and the West Bank, calls for accountability echo…
As geopolitical tensions escalate in the Middle East, Pakistan finds itself in a pivotal role as a mediator between the United States and Iran. Vice President JD Vance’s upcoming visit to Islamabad underscores the urgency of achieving a diplomatic resolution to the ongoing conflict, which is now in its eighth week. While hopeful of re-establishing…
Dr Phillip Swagel is an optimist, both by nature and when he looks at the U.S. economy. This fact is perhaps at odds with what one might assume: Swagel is the director of the Congressional Budget Office (CBO), the nonpartisan agency that offers independent budgetary and economic analysis to Congress. Very often—an inevitable occupational hazard—the…
A Wall Street Journal analysis on the state of the American workforce has an unwelcome announcement for wage-earners: “Welcome to the era of the mega-layoff,” writes Chip Cutter. Companies from Snap to Block to Oracle are no longer trimming in cautious waves, but jettisoning thousands of workers at once and often getting rewarded on Wall…
A growing number of homeowners are turning into what Zillow calls “accidental landlords.” That is, after failing to sell their homes, these homeowners are turning them into rentals. A Zillow analysis finds that 2.3% of its rental listings were homes that had recently been up for sale—the highest share since late 2022, reports Axios. Generally…
Artificial intelligence chatbots will tell you where to find alternatives to chemotherapy if you ask them, a new study finds. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. At a time when influencers and political figures on social media increasingly promote bogus treatments for cancer or other health…
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The launch of AST SpaceMobile’s seventh full-size mobile-broadband satellite—its first on Blue Origin’s New Glenn rocket—started better than it ended on Sunday morning, when that heavy-lift vehicle’s upper stage left AST’s spacecraft in an orbit too low for it to stay in space. Jeff Bezos’ space enterprise reported this “off-nominal orbit” in a post on…
The United Arab Emirates has begun talks with the US about a financial backstop in case the Iran war plunges the country into further crisis, the Wall Street Journal reported, citing US officials it didn’t identify. UAE Central Bank Governor Khaled Mohamed Balama raised the idea of a currency swap line with Federal Reserve and…
DIRECTV, one of the largest satellite television providers in the United States, is upgrading its main video delivery platform. The company is implementing new software from Harmonic, a technology firm listed on the NASDAQ stock exchange under the ticker HLIT. The upgrade uses Harmonic’s VOS Media Software, described as cloud-native. This software now powers the…
Image: Springwell Solar Farm Global energy demand growth slowed in 2025 – but electricity use is still surging, and solar just hit a major milestone, according to the International Energy Agency (IEA). According to the IEA’s newly released 2026 Global Energy Review, overall energy demand rose 1.3% last year. That’s slightly below the previous decade’s…
Bitcoin is absorbing the return of Middle East risk better than oil or equities. Bitcoin traded at $74,335 on Monday morning, down 1.6% over 24 hours but still up 4.8% on the week after the U.S. Navy seized an Iranian ship over the weekend and Tehran reimposed controls on the Strait of Hormuz. Ether slipped…
Despite — and perhaps because of — a week of waffling headlines on peace talks with Iran, two out of three major indexes broke through to new all-time highs as all three closed out their third straight week of gains. The S&P 500 (^GSPC) closed Friday up 1.2% for a gain of 4.5% on the…
Check out what’s clicking on FoxBusiness.com. Austrian police announced Saturday that a commercially sold baby food product was found to be laced with rat poison. Authorities said the tampered HiPP-brand item may have been sold in Austria, with similar products also circulating in neighboring countries, including Germany, the Czech Republic and Slovakia. “With the assistance…
Check out what’s clicking on FoxBusiness.com. Air Canada announced on Friday that the airline is suspending select U.S.-bound flights as jet fuel prices continue to skyrocket in the wake of the Iran war. The cuts, set to take effect this summer and last at least five months, will impact all service to John F. Kennedy…
The recent escalation of tensions between the United States and Iran underscores the precarious nature of international diplomacy, especially in regions marked by complex histories and interests. With a ceasefire set to expire, both nations are at a critical juncture, where dialogue remains tenuous amidst confrontational rhetoric. As these dynamics unfold, the potential for diplomatic…
Diplomatic dialogues aimed at resolving the ongoing conflict involving the U.S. and Iran are encountering significant challenges as the Iranian government stands firm against negotiations perceived as coercive. In a global context marked by shifting alliances and heightened tensions, the complexity of this situation highlights not only regional stakes but also the potential for a…
Web infrastructure provider Vercel has disclosed a security breach that allows bad actors to gain unauthorized access to “certain” internal Vercel systems. The incident stemmed from the compromise of Context.ai, a third-party artificial intelligence (AI) tool, that was used by an employee at the company. “The attacker used that access to take over the employee’s…
INRIX ranked the most congested U.S. cities in 2024. Stefanamer | Istock | Getty Images .ido-promo__content { box-sizing: border-box; width: 100%; background-color: #f0f0f0; padding: 2px 20px 2px 20px; font-family: Lyon, Helvetica, Arial, sans-serif; font-size: 18px; line-height: 1.66; } Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today Hello, this is Hui Jie…
The global discourse on human rights continues to ignite passionate debates as influential organizations outline the pressing need for accountability among world powers. In a recent statement, Agnes Callamard, Secretary General of Amnesty International, emphasized the alarming rise of what she referred to as “voracious predators,” indicating that countries like the United States, Israel, and…
In a significant shift within President Donald Trump’s administration, Labor Secretary Lori Chavez-DeRemer has announced her departure, marking her as the third high-profile female official to leave in recent months. This exit not only highlights the dynamic nature of Trump’s cabinet but also raises questions about the administration’s policies and its handling of critical labor…
Stock futures tumbled and oil prices jumped on Sunday after hopes that the Strait of Hormuz would fully reopen were deflated over the weekend by renewed gunfire. Futures tied to the Dow Jones industrial average fell 407 points, or 0.82%. S&P 500 futures were down 0.67%, and Nasdaq futures lost 0.57%. U.S. oil futures jumped 7.14% to $89.94 a…
BEIJING, CHINA – DECEMBER 22: A woman walks by the headquarters of the People’s Bank of China (PBOC) on December 22, 2025 in Beijing, China. Zhang Xiangyi | China News Service | Getty Images China held its benchmark lending rates unchanged for an 11th straight month, keeping its powder dry as policymakers weigh the economic…
The intricate dynamics of U.S.-Iran relations have long colored geopolitical strategies in the Middle East, yet recent insights suggest a critical reassessment of these strategies may be overdue. Daniel Benaim, the former U.S. Deputy Assistant Secretary for Arabian Peninsula Affairs, has articulated that the United States may have overlooked key opportunities to secure favorable outcomes…
Samantha Maxwell/Tasting Table Shredded cheese isn’t always my go-to option when I’m in the dairy section of my local grocery store. I tend to like blocks of cheese better — I think they often have a better flavor, and it’s not too much work to grate the cheese myself. But I can admit that there’s…
But it failed to deliver its space-based cell tower payload. But it failed to deliver its space-based cell tower payload. Apr 19, 2026, 8:28 PM UTC Terrence O’Brien is the Verge’s weekend editor. He has over 18 years of experience, including 10 years as managing editor at Engadget. Today’s launch of AST SpaceMobile’s satellite aboard…
Traders work on the floor of the New York Stock Exchange during morning trading on April 20, 2026. Michael M. Santiago | Getty Images Stocks slipped on Monday after tensions between the U.S. and Iran escalated over the weekend. The S&P 500 shed 0.24% to close at 7,109.14, while the Nasdaq Composite declined 0.26% to…
Five of those six users have placed no more bets since, but one of the account’s recent activity shows it has subsequently made $163,000 by correctly betting on a US-Iran ceasefire by 7 April, which was announced by Washington and Tehran on that day.
NEW YORK (AP) — Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies. The price of U.S. crude oil increased 6.4% to $87.90 per barrel an hour after trading resumed…