Brent crude settled up 3.1% at $116.72 a barrel, its highest close since April 29, while WTI rose 3.8% to $103.27 a barrel. Yet Middle East oil shipments have recovered above prewar levels, and flows through the Strait of Hormuz itself are down 26%. Fear Is
Nasdaq’s Worst Day Since June — What’s Happening The Nasdaq had its worst day since June, driven by a broad tech selloff: the Composite fell about 750 points, or 2.6% to 2.8% (sources differ on point totals), as investors reassessed whether record AI capital spending will pay
Gold is drifting toward $4,100 ahead of the Fed meeting, and traders are treating it like a problem—while the institutions buying the most gold on earth are treating it like a sale. Spot gold slipped 0.4% to $4,123.25 an ounce in early Asian trade, a
The merger headline is a distraction. The real story for a retired index-fund holder is the 50% hurdle buried in the fine print: Musk needs yes votes from half of ALL Tesla shares outstanding, not just those cast, so every passive index fund that owns Tesla and never votes
A single SpaceX share is being promised to every child in America, a giveaway whose total value could reach about $10.5 billion if it covers all US residents under 18. Elon Musk pledged on X to give one SpaceX share to every child in the United States next year
AI stocks bounced Monday morning. But the people who lend money to the AI build-out are charging as if they expect one of its biggest names could struggle to pay them back. Last week the S&P 500 fell nearly 2% and the Nasdaq dropped 4.5%, the
China just put about $37 billion behind smart and green tech, and the Tesla headlines cheered — but that pool covers smartphones and laptops too, not an EV-only boost, and it arrives as Beijing scales back EV support and omits EVs from its latest five-year development plan for the
Two days before a 100% tariff on major buyers of Russian oil and gas would have taken effect, Trump waived the sanctions law he had just signed. The question for your wallet is not why. It is what the diesel he traded it for is actually worth. What the waiver
A prototype Roadster flipped through the air in Texas, yet the car will not be for sale until 2028. Tesla’s demonstration at SpaceX’s McGregor facility showed a prototype Roadster using SpaceX cold-gas thrusters and a fan suction system to fly, flip upside down, and accelerate to 0-
What does a 9.1% jump in gasoline in a single month mean for a household living on a check set by last year's prices? That is the question behind the September inflation report, which showed prices up 3.7% over the year and arrives as one of
Trump promised Russian diesel would bring prices down. Despite that promise, analysts say it will bring little relief. Trump announced a deal with Putin to release up to 4.8 million tons of Russian diesel to US and global markets to ease record fuel prices before the midterms, but analysts
One donor has committed roughly $366 million to the November midterm elections, while the oldest store of value trades quietly near $4,160 an ounce ahead of this week's inflation print. The two numbers are not connected, but they sit in the same week. One is a record