An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Oil prices jumped Thursday after the U.S. launched a fresh round of military strikes against Iran, stoking worries…
Rita Ferro at Disney Upfront 2026. Courtesy: Disney Co. As Rita Ferro, Disney president of global advertising, prepared to take the stage at the company’s recent upfront presentation, she had actor Paul Anthony Kelly on her mind. Kelly recently portrayed John F. Kennedy Jr. in the limited FX TV series “Love Story,” and met Ferro…
SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…
A driver refuels a vehicle with regular gasoline at a Shell gas station in Hercules, California, May 21, 2026. David Paul Morris | Bloomberg | Getty Images For some Americans’ finances, the Iran war was over almost as soon as it began. Those with access to stocks — a majority of Americans have some, though…
Berkshire’s widely held B shares are now running 16.3 percentage points behind the benchmark index year-to-date, the biggest gap so far in 2026. Source link
The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate…
Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025. Michael Nguyen/NurPhoto via Getty Images Travelers to Europe may be leaving money on the table when they buy goods there. I learned this during a recent trip to Italy. My girlfriend, who bought a pair of shoes in Venice, was…
Stocks soared to record highs again last week, capping off a banner month for the market. Investor optimism about an end to the Iran-U.S. war, a string of positive corporate earnings reports, and strength in technology stocks led to new records for the S & P 500 and Nasdaq Composite , up over 1% and…
Cheng Xin | Getty Images News | Getty Images Prediction markets giant Kalshi announced Friday it plans to launch perpetual futures contracts, starting with crypto perpetuals. They will give U.S. traders a regulated alternative to offshore platforms that have dominated this market. Perpetual futures, or “perps,” are futures-style contracts with no fixed expiration date. Traders…
Foundation Future Industries, a start-up founded in 2024, aims to leverage humanoid robots for military and industrial work, rather than household tasks and the service sector. Foundation Future Industries As Silicon Valley races to build humanoid robots that can fold laundry and pour a latte, at least one start-up sees a very different use for…
