Economics

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.) U.S. stock futures were mixed on Wednesday, as the Dow Jones fell, while the Nasdaq 100 and S&P 500 advanced, following Tuesday’s mixed close. U.S. retail and food services...

A collapse in crude oil futures prices is poised to deliver savings to American motorists, with top economist Mohamed A. El-Erian predicting that regular gasoline and diesel will crash through the $4 and $5 thresholds, respectively, in the coming days. Imminent Relief at the Pump The nationwide...

Oil has fallen below the $80 mark after President Donald Trump's Iran peace deal announcement, and airline stocks are catching a momentum tailwind as investors price in potential fuel-cost relief. JetBlue Airways Corp. (NASDAQ:JBLU), LATAM Airlines Group SA (NYSE:LTM), and Frontier Group Holdings...

For more than two decades, passive investing has been a humble idea successfully marketed to the retail audience. It was a set-and-forget approach – not trying to outsmart the market but simply owning it. Now, according to a growing camp of market critics, passive funds have become something far...

Leaders of the G7, including President Donald Trump, pledged to increase military support for Ukraine and strengthen sanctions targeting Russia’s energy sector in a joint declaration signed Wednesday during the three-day summit in Evian-les-Bains. “We, the Leaders of the G7, stand...

Sen. Rick Scott (R-Fla.) said that persistent federal deficits and the nation's growing debt burden, not the Federal Reserve, Kevin Warsh, or President Donald Trump, are responsible for current economic pressures. Scott Points To Debt and Deficits On Tuesday, the Florida Republican posted on X,...

The S&P 500 fell on Tuesday as investors rotated out of chip stocks and into cyclical sectors, but Polymarket traders are betting the benchmark index will rebound at Wednesday’s open. The S&P 500 closed down 0.57% at 7,511.35, while the June 17 Polymarket contract implied an 78%...

Recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Iran is contemplating an economic “nuclear option” if...

U.S. stocks were mixed at midday Tuesday as money rotated out of high-flying technology and into financials, utilities and industrials — cooling the tech-led rally as the Dow Jones Industrial Average pushed to fresh records. Meanwhile, Federal Reserve Chair Kevin Warsh prepares to gavel in his...

(Editor’s note: The lede, headline, futures and economic data were updated.) U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday’s rally. The Labor Department reported that U.S. import prices advanced 1.9% in...

The S&P 500 surged on Monday after President Donald Trump announced a deal to end the war between the U.S. and Iran, but Polymarket traders remain divided on whether the benchmark index can extend its gains at Tuesday’s open. The S&P 500 jumped 1.65% to close at 7,554.29 on Monday,...

Buying a starter home is becoming increasingly expensive across the U.S., with entry-level homes now costing at least $1 million in a record 242 cities, according to a Zillow analysis published Monday. The number of cities with million-dollar starter homes has nearly tripled from 80 in February...

The Bank of Japan (BOJ) raised interest rates to a level unseen in 31 years on Tuesday, aiming to normalize monetary policy amid mounting inflation pressures. The BOJ has upped its short-term policy rate from 0.75% to 1%, a level last observed in 1995. The decision was primarily motivated by the...

Michael Burry, the investor who famously predicted the 2008 housing market collapse, sparked fresh debate about market valuations on Monday after posting a cryptic message on X as investor enthusiasm continues to build across artificial intelligence, technology stocks and SpaceX‘s (NASDAQ:...

On Monday, President Donald Trump announced that the U.S. and Iran have signed a preliminary agreement aimed at ending months of conflict. Still, major questions about the deal’s final terms and long-term viability remain unresolved. Stocks Dip, Crude Oil Advances Dow futures slipped 7.00...