Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
Category: Stocks and Bonds
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Oil Prices Fall Toward Prewar Levels as Gulf Shipping Resumes
The New York Times – Business: -
Norma Yaeger, Barrier-Breaking Stockbroker, Dies at 96
The New York Times – Business:Over her husband’s objections, she became a Wall Street broker in the 1960s. She later started two securities firms in the overwhelmingly male financial world.
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Asia Tech Shares Swing Wildly as A.I. Jitters Persist
The New York Times – Business:The turbulence in Asia’s chip-dominated stock markets highlighted how heavily global equities have come to depend on enthusiasm for artificial intelligence.
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SpaceX Shares Are Slumping After After Its Blockbuster I.P.O.
The New York Times – Business:On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago.
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Markets Recoil in Global Sell-Off Driven by Tech Stocks
The New York Times – Business:Chipmakers led the way down in South Korea, where the main index crashed 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a sharp fall.
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After Starmer Quits, Investors Wonder Where the British Economy Goes Next
The New York Times – Business:Markets reacted calmly to the prime minister’s announcement, which laid out a timeline for succession. Still, there’s not much clarity about the next government.
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Oil Prices Fall as U.S.-Iran Talks Show Signs of Progress
The New York Times – Business:Oil prices retreated after Iran’s foreign minister said there had been “major progress” toward ending the fighting in Lebanon during the first session of high-level talks.
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Oil Rises Amid Uncertainty Over Strait of Hormuz
The New York Times – Business:Modest reactions in the oil and financial markets as Iran and the U.S. met in Switzerland for a first round of talks aimed at making a temporary cease-fire permanent.
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Oil Prices Firm Up as U.S.-Iran Deal Faces Tests
The New York Times – Business:Oil remains on track for a second straight weekly decline, but signs of cracks in the agreement to end the war have given traders pause.
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How Much Is SpaceX Really Worth?
The New York Times – Business:The company’s deep commitment to Mars colonization and Elon Musk’s nearly total control make SpaceX stock an astonishingly speculative bet, our columnist says.
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Oil Prices Fall as Uneasy Truce Holds Between U.S. and Iran
The New York Times – Business:Oil/Stocks/Gas hed