These buyers represented 34% of sales in February, one of the largest shares in five years, a trade group says.
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Crude oil briefly surged toward $118 a barrel before retreating below $90 Monday as governments signaled they might intervene.
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Airline stocks have been crushed since the Iran war began but the sector is starting to show signs of a recovery.
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Selloffs in South Korea, Japan, and Taiwan highlight supply-chain and energy risks that could eventually spill into U.S. markets as the Iran conflict escalates.
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These cheap drones are responsible for most of the American casualties in the current conflict.
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Monday, the Department of Transportation announced pilot programs designed to speed adoption of next-generation electric aircraft.
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Diesel fuel prices are sending an economic warning, airlines face higher jet fuel prices, long security lines, Oracle’s cloud push is fueling growth, and more news to start your day.
Long Read
President Donald Trump sees the war in Iran ending ‘very soon,’adding that oil prices will decline quickly and shipping traffic through the Strait of Hormuz would return to normal.
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President Donald Trump signaled the Iran war could end soon, but later remarks seemed to walk that back a bit.
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The government has an important role to play in managing critical mineral markets, Morgan Bazilian, Brad Handler, Ian Lange, and Andrew Bauman write in a guest commentary.
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One proposal will offer concepts for air taxis in the New England market.
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The price of gold fell as the U.S. dollar rose, prompting questions about the precious metal’s haven status.
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Nvidia stock was rebounding Monday despite risks to the semiconductor supply chain from the Iran conflict.
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A newly public company backed by President Donald Trump’s sons is aiming to join the defense stock boom.
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President Donald Trump wants to include private assets in target-date funds and other 401(k) menu offerings.
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There are plenty of ways to reduce taxes on retirement investments. Wealthy investors in particular can benefit from more nuanced strategies.
Long Read
The prices of Bitcoin and other major cryptocurrencies turn higher on Monday after falling earlier in the session.
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Diesel and jet fuel prices have risen sharply as disruptions tied to the escalating Iran conflict ripple through global fuel markets.
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Oil’s surge above $100 is rattling investors, but analysts say the U.S. economy, corporate earnings, and inflation backdrop look stronger than during the 2022 energy shock.
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During the Iran-Iraq War in the 1980s, Iraqi aircraft repeatedly bombed Kharg in an attempt to cripple Iran’s economy.
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A key crypto market structure bill that could benefit Coinbase Global is running into political roadblocks, including a Trump veto threat and a banking-industry fight over stablecoin yield payments.
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Surging oil prices are upending the stock market. But so far, one sector seems to be getting hit harder than others—the travel industry.
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Gasoline prices could reach $5 a gallon, fresh inflation, labor data expected, Oracle prepares to report earnings, and more news to start your day.
Long Read
Stocks are bending, but not yet breaking, in the face of the historic oil price surge.
3 minute read
Futures for the Dow Jones Industrial Average were down 2% on Sunday, setting Monday up for a rocky start to the week.
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