Strait of Hormuz shipping grinds to a halt ahead of U.S.-Iran ceasefire expiry
Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.

Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).
Cooper's visit and statement come after reports of widespread morale and mental health concerns aboard the Lincoln.
Treasury yields fell as traders awaited the latest FOMC minutes due later this week.
Lamborghini's Revuelto SV is a limited-edition V12 hybrid with over 1,050 horsepower, a 2.4-second 0-to-100 kph time and a $741,172 starting price.
The data is reinforcing concerns about the health of the world's second-largest economy, which has grappled with a deepening supply-demand imbalance.
The jump in revenue underscores the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering.
Rep. John Larson of Connecticut, an advocate for expanding Social Security, was ousted in a Democratic primary contest Tuesday.
AOC is highlighting the cost of freezing her eggs. Here's what to know about health insurance coverage, state laws and taxes associated with the process.
The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.
Rivian is trying to catch up to Tesla's "hands-free" capabilities, but with additional safety guardrails that the Elon Musk company doesn't have.
On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.
European markets fly under the radar when compared with larger and more liquid U.S. markets, but Goldman Sachs offered to dispel some of the myths.
Investors have flocked to short-term investments like ultra-short bond funds in anticipation of a stock market correction and with long-term bonds broken.
Here is what's so amazing: These four unbelievably performing stocks remain the most hated and feared on Wall Street.
Nvidia's stake in SpaceX, which came through an investment in xAI, was worth about $21 billion at the end of the second quarter.
Kim Murstein and Gail Rudnick are the duo behind "Excuse My Grandma," an advice podcast that dives into life, love and other issues across generations.
Google parent Alphabet is now the third largest holding in Berkshire Hathaway's equity portfolio.
With November's midterms fast approaching, cannabis reform is an issue. It's popular with voters, but its power to tilt elections remains uncertain.
The OCC conditionally approved World Liberty Trust Co.’s national trust bank charter. That would allow the Trump family-backed firm to issue stablecoins.
Cars that run on software offer benefits automakers and many customers say older cars cannot compete with. But some analysts worry the vehicles might not last.
Because families struggle to pay for school, many students and their parents increasingly depend on federal and private aid to help foot the bill.
Beijing is said to be moving to clarify ambiguities in new tax rules on offshore trusts after the policy sowed confusion among wealthy Chinese and advisors.