Economy

Economy
Economy

Oil market braces for shortages as reserves dwindle, conflict drags on

Global oil markets are facing renewed uncertainty as the conflict in the Middle East shows little sign of resolution, with Iran and Israel exchanging missile strikes and allied groups threatening to escalate.  Prices surged at the start of the week but quickly retreated, underscoring both the volatility of the situation and the market’s fragile balance.

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Economy

Commodity wrap: Oil slumps over 3% as Iran-Israel pause attacks; gold falls

Oil prices plunged more than 3% on Tuesday as Iran and Israel announced a halt in attacks, thereby easing tensions in the Middle East.  Gold prices were largely unchanged after slipping to a two-and-a-half month low in the previous session. Silver also continued its fall below $70 per ounce.  Meanwhile, copper on the London Metal

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Economy

Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?

Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55.  Crude oil price in a tight range as US-Iran talks stall The energy market is in a tight

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Economy

Humanity, LUNC, Audiera, Toncoin prices jump: is this a dead-cat bounce?

Top cryptocurrencies rebounded on Sunday following a major crash over the past few days, as the US published strong non-farm payrolls (NFP) data. Humanity Protocol (H) token rose for three consecutive days, reaching a high of $0.7055, up by 30% from its lowest point this month. Its 24-hour volume rose to over $255 million. Terra

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Economy

Ethereum price: inverted cup & handle points to a crash amid ETF outflows

Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern, pointing to more downside. Ethereum price technical analysis points to more downside The daily chart

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Economy

SpaceX set to go public next week: should you invest in the IPO?

SpaceX is just days away from making stock market history. Elon Musk’s rocket, satellite, and artificial intelligence company is expected to begin trading on Nasdaq on June 12 after pricing its initial public offering the day before. With a targeted fundraise of $75 billion and a valuation approaching $1.8 trillion, the offering is set to

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Economy

QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing

Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100 Index, retreated to $708, down by 5.4% from its highest point this year.  Similarly, the VOO and SPY ETFs have dropped by nearly 3% from

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Economy

4 things that happen to your money if the Iran war drags into 2027

The Iran war is becoming a bigger problem for household finances. What began as a geopolitical shock has turned into a direct cost-of-living issue, hitting fuel, borrowing costs, investments and grocery bills at the same time. The April ceasefire was meant to cool markets, but tensions around the Strait of Hormuz and stalled negotiations have

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Economy

2026 FIFA World Cup: These three stocks stand to benefit the most

The 2026 FIFA World Cup kicks off June 11 in North America – the “largest edition” in tournament history, with 48 teams, 104 matches, and 16 host cities spread across the US, Mexico, and Canada. The economic footprint is enormous, and for equity investors, the question isn’t whether money will be made – it’s who

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Economy

Recursive self-improvement: Why Anthropic wants AI development slowed

As the race to build ever more powerful artificial intelligence systems accelerates, one of the industry’s leading players is urging the world to consider a possibility that until recently belonged largely to science fiction: machines improving themselves without human intervention. Anthropic, the AI company behind Claude, said on Thursday that the ability to slow the

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