European markets set to slump on Middle East turmoil as oil price surges
European stocks are expected to start the new trading week heavily lower as traders track developments in the Middle East and a surge in oil prices.
Why China can withstand oil’s surge past $100 more easily than other countries
The latest Middle East tensions sheds light on how the world’s three largest oil consumers have taken different approaches to energy, with global consequences.
U.S. orders staff to leave Saudi Arabia as Iran war spreads and oil surges above $110
The U.S. ordered non-emergency government staff to leave Saudi Arabia as the widening Iran war rattled markets and sent oil prices surging above $110 per barrel.
China consumer inflation hits three-year high as producer deflation eases
China’s consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.
TSA staff shortages lead to hourslong security lines for travelers at some airports
Travelers are facing hourslong waits at some airport security lines amid TSA staffing shortages.
Japan, South Korea stocks tumble over 6% as oil tops $100 amid broader Asia market rout
Brent futures spiked 16.1% to last trade at $107.61, while U.S. West Texas Intermediate crude futures rose almost 17.7% to $107.02
Dow futures tumble nearly 900 points as U.S. oil tops $100 a barrel to begin the week’s trading: Live updates
The Dow recorded its worst week since President Trump unveiled his tariff policy in April.
Oil prices top $100 per barrel as big Middle East producers cut output amid Iran war
Gulf Arab oil producers are cutting production as they run out of storage space because they can’t export through the Strait of Hormuz
Trump vows legislative blockade until SAVE America voter-ID bill is passed
The SAVE America Act is all but certain to fail in the Senate, where Democrats will use the filibuster to sink it.
Online age-verification tools spread across U.S. for child safety, but adults are being surveilled
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.