Brent oil price hovers near $95 as Rubio says U.S. will 'continue to protect shipping' in Hormuz
The U.S. has launched strikes against Iran for 11 consecutive days, citing a need to "degrade Iran's ability to threaten commercial shipping."

The U.S. has launched strikes against Iran for 11 consecutive days, citing a need to "degrade Iran's ability to threaten commercial shipping."
Mortgage rates last week rose to the highest level since last August, but homebuyer demand climbed as well, as buyers see more supply.
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
Peacock attracted new subscribers with the Spanish-language telecast of the World Cup, and executives say advertisers are taking notice.
Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.
The company said the page gives viewers of its event contracts a central place to see speculators' outlook for the midterm elections.
The central bank didn't have access to Claude Mythos Preview as of mid-July, even as other institutions were racing to patch their vulnerabilities.
The notorious New Jersey deli fraud case led to losses of more than $5 million for victims that included two U.S. universities.
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
SpaceX's stock gained on Tuesday and looked to snap a seven-day losing streak after announcing Aug. 4 as its maiden earnings report
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia's full-scale invasion in 2022.
Investors want to know when Capital One will begin to see more tangible benefits from its Discover and Brex deals.
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
3M CEO Bill Brown said its optical connectivity technology can cut fiber installation time by up to 85% as hyperscalers build AI data centers.
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.