Oil Prices Drop on Iran Deal But Further Declines Remain Uncertain
Energy markets respond cautiously to U.S.-Iran framework agreement as analysts question whether significant price relief will materialize.
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Markets
Markets news: stocks, bonds, oil, crypto and the Federal Reserve.
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MarketsSpaceX Sets IPO Price at $135, Creating Largest Stock Market Debut in History
Elon Musk's space and AI conglomerate completes long-running public offering process, expected to generate thousands of new millionaires among employees.
- Markets
SpaceX Employees Planning Major Spending Sprees as IPO Creates 4,400 New Millionaires
Soon-to-be wealthy SpaceX workers already mapping out purchases of luxury homes, watches, and private jet travel despite share sale restrictions.
MarketsInflation Surges to 4.2% in May, Hitting Three-Year High as Wage Growth Lags Behind
Consumer Price Index report shows dramatic increase from previous months while workers struggle with purchasing power as wages fail to keep pace with rising costs.
MarketsWorld Cup Travel Boost Hasn't Materialized for U.S. Businesses—Yet
The anticipated tourism surge from hosting the World Cup is proving to be a city-by-city, match-by-match test of pricing power for American companies.
MarketsPandemic Car Shortages Continue Driving Up Vehicle Prices as Automakers Keep Supply Tight
Pandemic-era lessons learned by manufacturers about supply management are maintaining elevated prices for both new and used cars despite recovering production levels.
MarketsJPMorgan Chase Plans to Deploy More Powerful AI Agents This Year
The banking giant's move suggests long-running AI agents are close to clearing security and governance hurdles that have slowed adoption inside major companies.
- Markets
JPMorgan Chase to Deploy Advanced AI Agents in Major Banking Technology Push
The move suggests long-running AI agents are close to clearing security hurdles that have slowed adoption inside large financial institutions.
MarketsNovo Nordisk and Eli Lilly Battle for GLP-1 Pill Market as Medicare Coverage Looms
The pharmaceutical giants are preparing to compete for senior customers as Medicare prepares to cover oral versions of popular weight-loss medications.
MarketsHarry's and Coterie Owner Mammoth Brands Eyes Status as Next CPG Giant
Direct-to-consumer company's razor, diaper and deodorant brands have disrupted traditional categories while building ambitious growth plans.
- Markets
Harry's and Coterie Owner Mammoth Brands Eyes CPG Giant Status
The parent company of direct-to-consumer brands Harry's razors and Coterie diapers has ambitious plans to become the next major consumer packaged goods company through category disruption.
MarketsLululemon Cuts Annual Outlook, Citing 'Negative' Media Commentary and Disappointing Product Launches
Athletic apparel company expects situation to worsen before improvement as weak guidance signals broader challenges ahead.
- Markets
Lululemon Slashes Annual Outlook as Product Launches Disappoint and Media Coverage Turns Negative
The athletic wear company expects conditions to worsen before improving, citing failed product introductions and damaging publicity coverage.
- Markets
Lululemon Slashes Annual Outlook Amid Product Launch Failures and Media Scrutiny
Athletic apparel giant warns situation will worsen before improving, citing negative commentary and disappointing new products.
MarketsStocks Plummet on Rate Hike Fears After Strong Jobs Report Signals Economic Resilience
S&P 500 falls more than 2.6% in its worst single-day drop of 2026, ending nine consecutive weeks of gains as investors worry about Federal Reserve action.
MarketsBroadway Achieves Record $1.9 Billion Season as Live Entertainment Surges
Tony Awards weekend caps unprecedented year for theater industry, highlighting consumer shift toward experience-based spending amid economic uncertainty.
- Markets
Broadway Hits Record $1.9 Billion Season as Consumers Splurge on Live Experiences
Theater district's record-breaking year reflects broader trend toward experience-based spending, with Sunday's Tony Awards expected to drive further ticket sales.
- Markets
Lululemon Cuts Annual Outlook Amid Product Disappointments and Media Criticism
Athletic wear company expects conditions to worsen before improving, citing negative commentary and failed product launches.
MarketsGlobal Stock Surge Creates 2 Million New Millionaires in Single Year
Worldwide millionaire population jumps 7.9% to 25.3 million as soaring equity markets boost wealth creation across major economies.
MarketsSellers Pull Homes Off Market at Fastest Pace Since 2020 as Demand Weakens
Frustrated homeowners delist properties as bidding wars wane and buyer interest cools in challenging real estate environment.
MarketsU.S. Job Openings Surge to 7.6 Million in April, the Highest in Nearly Two Years, Defying Fears of an AI-Driven Slowdown
The Labor Department's JOLTS report showed openings jumping 731,000 in a single month, blowing past forecasts and complicating the Federal Reserve's path on interest rates.
MarketsMorgan Stanley Opens $1 Trillion Wealth Management Platform to External AI Agents
Investment bank becomes first major Wall Street firm to integrate external AI tools into wealth management operations. Move represents significant expansion of artificial intelligence in financial services.