The latest business and financial headlines, updated hourly via RSS from BBC Business, The Guardian, and CNBC.
Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
Brent futures spiked 23.38% to $114.30, while U.S. West Texas Intermediate crude futures rose 26.35% to $114.85.
China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.
Travelers are facing hourslong waits at some airport security lines amid TSA staffing shortages.
The Dow recorded its worst week since President Trump unveiled his tariff policy in April.
Bahrain and the United Arab Emirates report more strikes on civilian targets as U.S.-Israeli attacks on Iran continue.
The SAVE America Act is all but certain to fail in the Senate, where Democrats will use the filibuster to sink it.
The year so far has been marred with geopolitical volatility, leading some to believe the market may not be as concerned as it should be about war in Iran.
New age-verification laws and tools are designed for child safety on social media and the internet, but adults are in the crosshairs, say privacy experts.
Goldman Sachs' Asia Pacific energy analysts predict two of China's three oil giants could benefit if Brent prices climb amid sustained Middle East tensions.
Big tech, precious metals and small caps all have slowed down after big runs. But there is some hope their rallies will pick up again soon.
Kalinowski wrote she has "deep respect" for OpenAI CEO Sam Altman and the team, but the company announced the Pentagon deal "without the guardrails defined."
China's top diplomat Wang Yi signaled preparations are underway for a planned meeting between the presidents of the U.S. and China.
The U.S. and Israel continued their campaign to rid Tehran of its nuclear and ballistic missile capabilities and push for regime change.
The dignified transfer, the return of remains of U.S. service members killed in action, is considered one of the most somber duties of any commander in chief.
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
Trump encouraged regional leaders to take military action against drug trafficking cartels and transnational gangs.
Steps from the Capitol's West Front and where the worst of the fighting occurred, workers quietly have installed a plaque honoring the officers.
Vinay Prasad is leaving his post as director of the Center for Biologics Evaluation and Research.
The 2026 midterm election will determine whether Democrats can win back majorities in both chambers of Congress, and check President Donald Trump's policies.