Economy

U.S. crude oil surge eases after Bessent pledges support for tankers during Iran war

The oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.

Trump sides with crypto firms in trillion-dollar battle with banks over stablecoin yield

The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.

How do you know when to ring the register on a stock? The answer is more art than science

Whether a stock needs to stay or go requires holistic evaluation, not just short-term comparisons to the S&P 500.

Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

Coinbase jumped 12% on Wednesday following President Trump's latest call to help pass a law that would enable crypto firms to issue yield-bearing stablecoins.

UAE stocks sell off as markets reopen from two-day closure after Iranian strikes

Exchanges in Dubai and Abu Dhabi were closed for two days after Iran launched a wave of strikes on the Gulf nation.

Goldman's David Solomon Surprised by ‘Benign’ Market Reaction to Iran War

Goldman chief David Solomon said, 'I think it's going to take a couple of weeks for markets to really digest the implications of what's happened.'