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Oil prices ease as recovering Hormuz Strait traffic tempers war premium
BUSINESS

Oil prices ease as recovering Hormuz Strait traffic tempers war premium

Commonwealth Bank of Australia said in a note on Friday that stronger oil flows through the Strait of Hormuz had eased market concerns after U.S.-Iran strikes earlier this week.

CNBC·1w ago
South Korea's 'bipolar' stock market: meltdowns, a record rally and what's to come
BUSINESS

South Korea's 'bipolar' stock market: meltdowns, a record rally and what's to come

South Korea's stock market staged its sharpest reversal on record on Friday, capping a month of wild swings.

CNBC·1w ago
Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates
BUSINESS

Reddit shares sink 11% on 'choppy' search referrals even as results blow past estimates

Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.

CNBC·1w ago
The loss of Situational Awareness
BUSINESS

The loss of Situational Awareness

I am not by any means an expert at finance but I think I do now have some advice for people who are: Do not name your hedge fund anything that will be hilarious if it blows up. Don't use a name like "Long-Term Capital Management" or "Amaranth Advisors" (named for the floral symbol for […]

The Verge·1w ago
Five trade fits for Vita Vea: Which teams could land the talented defensive tackle?
BUSINESS

Five trade fits for Vita Vea: Which teams could land the talented defensive tackle?

The 31-year-old Vea has been a cornerstone of Tampa Bay's defense, but he requested a trade on Monday.

ESPN·1w ago
Here's where Jeffrey Gundlach is investing after the Fed held rates steady
BUSINESS

Here's where Jeffrey Gundlach is investing after the Fed held rates steady

DoubleLine Capital CEO Jeffrey Gundlach isn't taking big risks in the bond market right now.

CNBC·1w ago
The economy slowed a bit -- but Americans continued to spend
BUSINESS

The economy slowed a bit -- but Americans continued to spend

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.

NPR·1w ago
From Hormuz to the Black Sea: Maritime battlefields are shaping ‘a new world order’
BUSINESS

From Hormuz to the Black Sea: Maritime battlefields are shaping ‘a new world order’

Attacks near the Strait of Hormuz, Red Sea and Black Sea are pushing shipowners to reroute cargo and rethink global trade risks.

CNBC·1w ago
The Strait of Hormuz is just one trade chokepoint facing a new era of maritime warfare
BUSINESS

The Strait of Hormuz is just one trade chokepoint facing a new era of maritime warfare

Attacks near the Strait of Hormuz, Red Sea and Black Sea are pushing shipowners to reroute cargo and rethink global trade risks.

CNBC·1w ago
Building the perfect trade deadline for Yankees, Mets
BUSINESS

Building the perfect trade deadline for Yankees, Mets

From another makeover in Queens to Mason Miller in the Bronx, here's a wish list for both New York teams.

ESPN·1w ago
OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2
BUSINESS

OpenAI CFO Sarah Friar tells employees that annualized revenue in July topped all of Q2

OpenAI is trying to reassure employees that the business is healthy as competition emerges from Anthropic as well as a host of open-source players.

CNBC·1w ago
Beauty Pie founder on how she dropped out of university and built five businesses
BUSINESS

Beauty Pie founder on how she dropped out of university and built five businesses

Marcia Kilgore, who also founded Soap & Glory and Fitflop, shares her top tips on how to create a successful business.

BBC News·1w ago
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