Oil prices fall more than 5% as Middle East tensions ebb on diplomatic efforts
Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.

Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
The companies have discussed a potential merger over several months, the Financial Times reported on Sunday.
Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention.
Alibaba unveiled its latest and 'most powerful' AI model Qwen3.8-Max on Monday as Chinese companies race to close the AI gap with the U.S.
Russian forces have ramped up the number of missile strikes on Ukrainian cities, likely seeking to exploit Kyiv's shortage of ballistic missile interceptors.
New policies that apply to mortgages for condos take effect Aug. 3, and some experts are sounding the alarm that buyers may see delays or denials.
Miller has denied the allegations made against him by his ex-wife Emily Moreno, daughter of Ohio Sen. Bernie Moreno.
As Americans are encouraged to go direct with weight-loss drug prescriptions, retail pharmacy chains are poised to win big.
Sony and Marvel's "Spider-Man: Brand New Day" snared $355 million in estimated domestic box office on its opening weekend, the second-highest debut of all time.
China’s domestic tourism is underperforming, with hotel revenues falling as soft demand pressures room rates.
Airlines are paying billions of dollars more in fuel costs this year
The wake-up call to the cyber industry comes as industry experts descend on Black Hat, a major cybersecurity conference.
Trump Media and Technology Group's new paid data service launched Aug. 1, selling faster access to top Truth Social posts from President Donald Trump and more.
The latest attacks come amid U.S. media reports that U.S. President Donald Trump is preparing a fresh round of strikes against Iran.
As incoming CEO Jason Bonfig prepares to take the reins, he told CNBC he's focused on expanding the company's reach and enhancing the customer experience.
President Donald Trump had touted the Reflecting Pool update, one of many renovations in D.C. he ordered ahead of America's 250th birthday celebrations.
Candidates giving up in the face of relentless job searches could be part of the reason behind recent declines in the labor force participation rate.
In his Sunday column, Jim Cramer explains why Amazon is his favorite hyperscaler after second-quarter earnings season.
Some states — including Connecticut, Minnesota and Rhode Island — have expanded their own student loan programs amid new limits on federal borrowing.
Uber and Waymo are increasingly at odds about the autonomous future, including in a labor battle over mass AV deployment in Washington, D.C.
Oil price volatility caused by U.S.-Iran war created big market winners, but for buy-and-hold investors, there are better long-term energy themes to monitor.
Japan's finance ministry said Monday it conducted a coordinated yen-buying intervention with the U.S. Treasury on Friday.
While the leak of key exam papers was the trigger for the recent student protest in India, rising unemployment is the real fuel angering Gen Z in the country.
AI debate in recent years has centered on whether the U.S. can develop a strategy capable of preserving an edge over China. The answer isn't looking positive.