Oil prices flipped dramatically to the downside Wednesday afternoon after President Trump said he had been assured that killings of protesters by the Iranian regime had stopped. “We’ve been told that the killing in Iran is stopping — it’s stopped,” Trump said to reporters during a gaggle at the White House, according to Bloomberg. “And … Read more
US stock futures tilted lower on Tuesday as investors braced for a pivotal inflation reading, while JPMorgan (JPM) results kicked off the fourth quarter earnings season. Dow Jones Industrial Average futures (YM=F) nudged down 0.2%, while those on the S&P 500 (ES=F) floated down 0.1%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) edged down 0.2%. … Read more
In a meeting with oil industry leaders at the White House on Friday, President Trump said the US industry will be “spending at least $100 billion of their own money … to rebuild the capacity and the infrastructure necessary” for Venezuela to begin once more exporting large volumes of crude — and that China and … Read more
The world is set to face a critical copper (HG=F) shortage, driven by a boom in AI and defense spending, according to S&P Global. Growth in those sectors will boost global demand by 50% by 2040, but supplies are likely to miss meeting that appetite unless there is more recycling and mining, the consultancy said. … Read more
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group, the portfolio of cable TV networks and digital assets spun off by Comcast, joins the small cohort of public media companies as the industry reckons with ongoing disruption. Versant begins … Read more