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Steve Kopack
Posts
Gas prices hit $4.39 per gallon in biggest one-day jump since Iran ceasefire announced
The national average gas price rose to $4.39 per gallon, in its biggest one-day jump since a ceasefire with Iran was announced on April 7.
Interest rates expected to hold steady at Fed meeting likely to be Powell’s last as chair
The Federal Reserve is expected to keep interest rates steady at what is likely to be Jerome Powell’s last policy meeting as chair.
United Arab Emirates quits OPEC as Iran war raises Gulf tensions
U.S. crude oil surpassed $100 per barrel for the first time since April 10 after Iran talks stumbled and the United Arab Emirates said it…
Justice Dept. drops investigation into Federal Reserve and Jerome Powell
The Justice Dept. dropped a probe of the Federal Reserve and Chair Jerome Powell, clearing the way for Trump's Fed chair pick Kevin Warsh to…
Kalshi fines and suspends three politicians for ‘insider trading’ on their own races
Prediction market Kalshi said it had fined and suspended three political candidates for trading on their own races during primary campaigns.
Spirit Airlines near deal with Trump administration for $500 million rescue package
Spirit Airlines, a discount carrier, has filed for Chapter 11 bankruptcy twice in under a year. It's in talks with the Trump administration for a…
Apple says John Ternus will be new CEO, Tim Cook to step aside later this year
Apple on Monday named John Ternus as its new CEO, effective Sept. 1. Ternus will take over from Tim Cook, who has led Apple for…
Oil prices jump, adding to weeks of swings over Strait of Hormuz
The price of oil jumped sharply and stock futures tumbled Sunday evening as traders digested renewed tensions between the U.S. and Iran over the critical…
Oil prices plunge 10% after Iran says Strait of Hormuz is open for commercial vessels
The price of oil plunged sharply and U.S. stock indexes opened at new all-time highs after the Iranian foreign minister said that the Strait of…
S&P 500 hits new all-time high as investors shrug off Iran war oil price spike
The S&P 500 hit a new all-time high Wednesday, a remarkable turnaround for stocks while the war with Iran drives up energy prices and cuts…