Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983
U.S. presidents have increasingly ordered massive releases from the SPR in recent years.

U.S. presidents have increasingly ordered massive releases from the SPR in recent years.
The escalating tally underscores how far the two sides remain from resolving a crisis that has choked the Strait of Hormuz for more than five months.
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.
Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook.
Nearly two-thirds of Trump’s foreign licensing fees came from two Gulf developers, in the UAE and Qatar, including one pursuing a $20 billion U.S. expansion.
HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility.
Gold logged its best weekly gain in seven months driven by several forces.
Monday's odds on prediction market platform Kalshi show tamer inflation and little chance of exceeding economists' consensus for July.
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
The AI lab said it could not rule out a new model had reached "Critical" capability, meaning it could launch cyberattacks against sophisticated cyber defenses.
The stock market's winning history – a hit rate of 100% over any past 20-year span - is well understood. But investors recognize – or need to – the genuine hazard in equities.
A group of House Democrats is calling on leaders of Anthropic, OpenAI and other AI companies to testify in Congress about recent hacking incidents.
Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TSMC makes chips for Big Tech customers like Nvidia and Google, so the firm's financial figures are closely watched as a sign of AI semiconductor demand.
Recent changes to the federal student loan system could impact married couples. Here's what borrowers should consider.
Any move toward higher rates would increase borrowing costs for consumers at a time when affordability pressures are already mounting.
Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.
The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical minerals dominance.
Rep. Max Miller is set to remain the Republican nominee in Ohio’s 7th District after the window for the GOP to replace him on the November ballot closed.
In an affordability crunch, social media's viral "maxxing" trend could lead to long-term financial security.
As Earth’s orbit gets more crowded, companies are betting that cleaning up space junk could become a lucrative new business.
"Excitement about Myspace's relaunch reflects nostalgia for a more analog time, when algorithms were less dominant in our lives," an analyst told CNBC.