U.S. oil falls 3% amid hopes that a U.S.-Iran agreement will restore Hormuz traffic
U.S. crude oil prices trim losses as traders assess whether U.S. is nearing a deal with Iran that would restore traffic in the Strait of Hormuz.

U.S. crude oil prices trim losses as traders assess whether U.S. is nearing a deal with Iran that would restore traffic in the Strait of Hormuz.
Republicans are struggling to find a clear message to battle high prices as President Trump pushes for funding for a White House ballroom.
A $20 billion deal would be among the largest in JPMorgan's history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.
Boeing CEO Kelly Ortberg said the company has met FAA requirements to ramp up its production of 737 Max aircraft to 47 per month.
Abercrombie & Fitch saw sales in Europe, Middle East and Africa decline by 10%, thanks in large part to the conflict in the Middle East.
Amazon said it's already signed up Kate Spade as a customer for its AI shopping technology.
The drugmaker announced it will buy three privately held vaccine makers in deals worth almost $4 billion combined.
Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year.
Russia's State Duma has passed a law allowing certain financial institutions to operate anti-drone defense systems after attacks on its territory.
Britain and its allies face a “moment of consequence,” according to the head of its intelligence agency.
The new products allow customers to create AI assistants capable of carrying out investing strategies or spending instructions with minimal human involvement.
Lululemon has been battling with founder Chip Wilson since December, as he says the company has lost its strategic vision and needs a new board of directors.
President Donald Trump last week endorsed Texas Attorney General Ken Paxton over incumbent Sen. John Cornyn.
Options traders are convinced the "SAAS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to one earnings report Wednesday.
With SpaceX headed for the public markets next month, industry experts and people close to Elon Musk are speculating about a potential tie-up with Tesla.
“Ongoing conflict in the Middle East is impacting the price we pay for energy,” the head of the U.K.’s energy regulator said.
Since acquiring Foot Locker, Dick's Sporting Goods sales have surged, but its profitability has taken a hit given the high costs of the brand's turnaround.
Since our last Investing Club Monthly Meeting, the market overall and most of our portfolio stocks have powered higher.
Millions of Americans with disabilities may qualify for ABLE accounts, which allow up to $100,000 in savings without losing benefits.
Former BP Chairman Albert Manifold has pushed back against accusations over his conduct following his shock departure from the British energy major.
80,000 Hours founder and author Benjamin Todd shares the key AI-proof skills that he believes will increase in value over the next five years.
Shares of SK Hynix soared over 11% on Wednesday, pushing the South Korean memory-chip maker above the $1 trillion market capitalization mark.
Mainland China-based chip giants such as Cambricon saw their shares tumble on Wednesday.
Inflation, climate change and other factors have combined to push up premiums for homeowners insurance — with broad implications for consumers and the economy.