Harry Styles and the Residencies Taking Over the Music Industry
Harry Styles’s latest Madison Square Garden takeover is part of a trend that some say transfers the cost of touring to fans.
Under Threat, Saudi Arabia Reroutes Oil Exports Yet Again
Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.
‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates
Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge and inflation risks resurfacing.
Diesel Price Nears Record High, Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
Wall St. Scrutinizes Nvidia’s Deal Machine
Investors are awaiting the chipmaker’s latest quarterly earnings — and are anxious about its huge portfolio of artificial intelligence investments.
Bessent Faces Credibility Test in Quest to Tame Markets
The Treasury secretary is confronting the limits of his ability to reshape the economy ahead of midterm elections.
PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.
Meta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims
The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children.
Forbes and Shook Research Suspend Rankings Amid Investigation of $6 Million Payment
The magazine, which is reviewing a payment from the founder of Shook Research to its former top editor, also canceled a summit in Las Vegas scheduled for October.
U.S. ‘Economic D-Day’ Targets More Than Just Iranian Oil
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
