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  • Steve Kopack

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Stocks rally, oil prices fall after U.S. sends Iran a peace plan

U.S. stocks rose Wednesday and global oil prices fell, as traders and investors were buffeted by constant headlines about the war in Iran.

OpenAI shutting down Sora video-generating app

OpenAI will soon shut down its Sora AI video generation app, the company said in a surprising announcement Tuesday."We’re saying goodbye to Sora," the company…

Markets rally, then pull back after Trump and Iran give conflicting reports of talks

U.S. stocks were set to surge and oil fell after Trump and Iran gave conflicting reports about talks between the U.S. and Iran.

Powell has ‘no intention of leaving’ the Fed until Trump’s DOJ probe is closed

FedChair Jerome Powell says he will not step down from the central bank's board until an investigation launched by President Trump's Justice Dept. is closed

Fed likely to keep rates on hold as it confronts new inflation threat: Soaring gas prices

Traders expect the Fed to keep interest rates on hold as it confronts the Iran war threat of new inflation driven by higher gas prices.

Judge blocks subpoenas against Fed Chair Jerome Powell

Powell said the threatened indictment was related to his testimony before the Senate in June about the renovation of Federal Reserve office buildings.

Oil prices jump as Iran war causes the ‘largest supply disruption’ in history

The price of oil jumped more than 7%, as the war on Iran was "creating the largest supply disruption in the history of the global…

Trump launches the next phase of his trade wars with new investigations of key partners

The Trump administration will launch a wave of tariff-related investigations against 16 U.S. trade partners, the next phase in a sweeping global trade war

Dozens of countries agree to release 400 million barrels of oil to ease Iran war crunch

The International Energy Agency siad member countries had unanimously agreed to release 400 million barrels of oil from their reserves

Key inflation report expected to show prices eased in the month before the Iran war

The Consumer Price Index for the month of February is expected to show that prices rose only slightly right before the Iran war sent energy…