Oil prices rose slightly after a significant drop of over 4% on Tuesday. This change comes as Israel stated it is considering various options for a response to Iran, which may include targeting Iranian energy infrastructure.
Stocks in Asia declined today as investors considered whether the artificial intelligence rally has more potential. Chinese stocks showed volatility ahead of a press briefing set for Thursday.
Rio Tinto Group and Vale SA, the world’s top iron ore suppliers, increased their production last quarter. This comes despite facing challenges from weakened demand in China, which is struggling with an ongoing property crisis.
Gold prices are projected to surge to record highs over the next year, according to a recent survey conducted at a major annual gathering of the bullion industry. Experts believe growing economic uncertainties and inflation concerns will drive demand for the precious metal.
United Airlines reported a strong third-quarter profit, exceeding Wall Street expectations. This positive news indicates the airline is recovering from the widespread fare discounts that affected many carriers this summer.
Italy's Prime Minister Giorgia Meloni's cabinet is seeking financial support from the country's banks and insurers to help fund the national budget. This new plan aims to deliver on various promises made to voters during the election campaign.
California utilities warn they may cut power to homes and businesses from San Francisco to Los Angeles later this week. This decision comes as gusty winds are expected to sweep across the state, raising concerns about fire risks. Residents should prepare for possible outages.
In a recent episode of his podcast, Puck Founding Partner Matthew Belloni joined Bloomberg’s Lucas Shaw to delve into the inner workings of Hollywood. Their interactive discussion offered exclusive insights and reporting, shedding light on the industry's current trends and challenges. Tune in for a deep dive into the entertainment world straight from the experts.
The dollar surged to its highest value in two months as former President Donald Trump backed bold proposals to significantly increase tariffs on foreign imports. This move stirred discussions about trade policy and its impact on the economy.
Donald Trump's media startup has experienced significant fluctuations in its market value, losing over $7 billion from its peak in May to its lowest point in September. However, the company has made a remarkable recovery, regaining nearly $3 billion in just under a month. Investors have certainly been on a rollercoaster ride with this volatile stock.
