Oil surges past $100 in a first since May as Middle East conflicts rage
Oil prices rise for a fifth day after Yemen’s Houthis say they struck Saudi Arabian oil tankers in the Red Sea.
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South Korea’s SK Hynix raises $26.5bn in record-breaking US IPO
South Korean chip giant makes largest-ever debut by a foreign firm in the US, eclipsing Alibaba’s 2014 IPO.
Why the US Strategic Petroleum Reserve matters amid US-Iran tensions
US oil reserves hit lowest levels since 1983 amid growing tensions with Iran and global supply concerns.
US summer travel slumps under rising fares and fuel expenses
US summer trips decline as 45 percent of Americans skip holidays due to soaring airfares and car travel expenses.
Trump’s Iran strike comments shake markets, Brent crude hits two-week high
Travel stocks plunged as fuel costs rise, United Airlines fell 3 percent, while energy stocks saw gains.
Nasdaq vs Dow: How are the key indices different as SpaceX joins one?
SpaceX joins Nasdaq-100 after IPO, bypassing traditional three-month trading rule for inclusion in the tech-heavy index.
SpaceX shares slide as it joins the tech-heavy Nasdaq-100
Musk-led company joined the index on Tuesday, less than a month after its stock market debut on June 12.
Canada picks Germany’s TKMS for new submarines
The German-owned naval shipbuilder made the bid with NATO ally Norway, beating out South Korea’s Hanwha Ocean.
US judge tosses out Musk’s bid to void Twitter fraud verdict
Jurors had found owner Elon Musk liable for tweets questioning whether Twitter was overrun by fake and spam accounts.
US job growth slows in June; hospitality sheds roles despite World Cup
Labour force participation dropped to its lowest level since March 2021, reaching 61.5 percent in June.
Oil prices fall to levels not seen since start of US-Israel war on Iran
Brent falls below $71 a barrel amid reports of progress in talks to end the war permanently.
