Oil prices rise as Red Sea, Gulf of Oman attacks heighten supply concerns
Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.

Oil prices rose on Wednesday after deadly attacks on vessels in the Red Sea and Gulf of Oman heightened concerns over risks to global shipping routes.
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.
CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.
Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shake-ups at the company.
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.
AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity
The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck.
CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.
The first three-plus years of the AI build-out have been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.
Progressive Democrats keep their winning streak rolling in Minnesota.
The deal follows years of global automotive supply chain issues for GM and other companies.
Washington and Tehran remain far apart even as both sides talked of winding down regional hostilities.
Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the city and state.
The consumer price index is expected to show only a modest increase for July.
The quarter wasn't totally clean, but strong profitability matters the most.
Federal dollars in the two health insurance programs would not go toward gender-affirming care, but states could still cover the treatments.
Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground.
Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic
In Minnesota, progressive Lt. Gov. Peggy Flanagan and moderate Democratic Rep. Angie Craig are competing for the nomination to succeed the retiring Sen. Tina Smith.
Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.