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Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit

Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit

President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500

Business
Insider trading concerns around oil and military moves are on the rise. Can anyone police the bets?

Insider trading concerns around oil and military moves are on the rise. Can anyone police the bets?

A flurry of bets made prior to major announcements about the Iran war has ramped up speculation that individuals or groups with advance knowledge of U.S. military plans are cashing in on insider information. And

Business
Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays

Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays

WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration enforcement and deportation operations. Senators approved the package at 2:20 a.m. by voice vote following

Business
Judge blocks Trump administration from limiting Anthropic’s contracts with federal government

Judge blocks Trump administration from limiting Anthropic’s contracts with federal government

A federal judge in California has blocked the Trump administration from designating Anthropic as a supply chain risk to national security and cutting off the AI company’s work with federal agencies. Anthropic sued the Defense

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FAA investigating close call involving United Airlines plane and Black Hawk helicopter in California

FAA investigating close call involving United Airlines plane and Black Hawk helicopter in California

Federal authorities are investigating a close call this week involving a military helicopter and a United Airlines plane approaching John Wayne Airport in Santa Ana. United Airlines Flight 589 was approaching the airport in Orange

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Nasdaq moves into correction territory as Iran war weighs on markets

Nasdaq moves into correction territory as Iran war weighs on markets

U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude oil rose near $95 per

Business
Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

LOS ANGELES — A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social

Business
Savannah Guthrie returning to ‘TODAY’ in April

Savannah Guthrie returning to ‘TODAY’ in April

“TODAY” co-anchor Savannah Guthrie will return to the NBC morning show on April 6, as investigators continue to search for her 84-year-old mother in Arizona. In her first interview since Nancy Guthrie went missing in

Business
At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia’s oil export capacity halted, Reuters calculations show

At least 40% of Russia‘s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market

Business
What we know about the LaGuardia plane and fire truck crash

What we know about the LaGuardia plane and fire truck crash

The two pilots killed in the collision between a passenger jet and a Port Authority fire truck at New York’s LaGuardia Airport late Sunday have been identified as Antoine Forest and Mackenzie Gunther. The pair