Oil jumped and US equity-index futures retreated as traders turned cautious following a weekend flare-up in US-Iran tensions, curbing optimism that strains in the Middle East were easing.
Tensions in the Gulf escalated Sunday, when the Navy seized a ship for the first time as part of its blockade, with a destroyer firing at a vessel attempting to…
Traders are preparing for a bumpy open to the week as a continued standoff around the Strait of Hormuz revives the uncertainty that Wall Street had been eager to look…
Airline passengers should brace for more aggravation in the next few months as carriers around the world deepen cancellations and ground planes to cope with stratospheric increases in jet-fuel prices.
Allbirds Inc.’s surprising pivot from wool sneakers to artificial intelligence infrastructure is looking more like a flash in the pan for the stock than a driver of long-term gains.