Trump announces deal with Venezuela to secure more than 65 billion barrels of oil reserves
The U.S. struck a deal with Venezuela to get majority control of more than 65 billion barrels of oil reserves, Trump said in a social media post.
Bessent attacks Warren over yen intervention query, offers ‘Foreign Exchange for Dummies’ lesson
Treasury has not disclosed how much yen it bought, the execution rate or the current value of the position, despite Warren’s requests for details.
Analysis: Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hike
After confusing markets at his July news conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.
Corn and wheat prices jump to highest prices in more than three years
Corn and wheat futures have surged to their highest levels in more than three years. But the reasons for these recent rallies are notably different.
Stock traders warm up to Warsh as volatility index touches year-to-date low
The Cboe Volatility Index (VIX), which measures the price of 30-day options on the S&P 500 Index, fell to as low as 14.1.
Apple hikes subscription prices for Apple TV and Apple One in the U.S.
Apple raised prices for Apple Music by $1 per month in July, citing licensing costs.
Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probes
Walter's holding company earlier in the week said "there has been no fraud" at Delaware Life and its affiliated company, Clear Spring Life and Annuity.
Trump loses bid to transfer New York hush money case to federal court
Trump's conviction in the hush money case relates to conduct that preceded the 2016 presidential election, which led to his first term in the White House.
How Taylor Farms became integral to America's food supply system
Taylor Farms and other suppliers have become larger and more integral to the U.S. food system, complicating foodborne illnesses such as cyclosporiasis.
Imax says it's open to a sale. Why is no one buying?
Imax's stock and box office are breaking records, but studio conflicts and a soaring valuation complicate the list of who could bid for the company.
U.S. appeals court rules against prediction markets, sets up likely fight at Supreme Court
The 9th U.S. Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting a 3rd Circuit ruling from April.
Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
Banque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran's shadow banking network, Treasury said.
Iran calls for global pushback against U.S. sanctions, says diplomacy 'isn't impossible'
Iran said the conflict in the Gaza Strip has to end, Israel has to withdraw from Lebanon and also halt its attacks on Syria.
Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank
He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals
2-year Treasury yield jumps as Warsh says Fed may 'have work to do'
Investors assessed Federal Reserve Chair Kevin Warsh's hawkish message in his keynote address at Jackson Hole.
What we learned from Warsh's Jackson Hole speech, and GE Vernova's CFO to retire
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
Marvell shares tumble 6% as outlook underwhelms despite 37% revenue growth
Marvell Technology shares fell Friday despite a second-quarter revenue beat, as its fiscal 2028 outlook failed to meet investors' expectations.
U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare
The U.S. has shifted to a campaign of economic warfare, after a dozen waves of airstrikes in July failed to force Tehran to abandon its claim to Hormuz.
'Grand Theft Auto 6' preview signals blockbuster demand, analysts say
Take-Two shares moved higher in premarket Friday, as analysts said they were bullish on the GTA maker's parent company following a successful trailer launch.
Marc Benioff is getting his mojo back as Salesforce's AI strength quiets skeptics
Salesforce's stock had its second-best day on record following earnings, as Wall Street shows renewed confidence in CEO Marc Benioff's AI story.
Labor Department to propose expansion of association health plans, which could lower insurance costs for some workers
The agency has submitted a rule proposal to the White House that could allow more workers to get health insurance through association health plans.
The Democratic Socialist and the retired Rear Admiral: How Democrats aim to win in Colorado
Democrats are trying to recapture the House and maybe even the Senate in November's midterm election. Colorado is a microcosm of what they need to do to win.
Meta's $17 billion settlement mandates new safeguards for kids—many are promising, says safety expert
Following a major legal settlement, Instagram and Facebook users under age 18 will soon have a daily two-hour limit and won't be able to see reactions on posts.