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An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann
May 12, 2026

Oil prices jump on latest US-Iran peace process impasse

Oil prices rose more than 3% as US-iran peace talks stall, raising supply concerns amid tensions over the strait of Hormuz and Middle East conflict.

The eBay logo is displayed at the eBay booth during CES 2026, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S., January 6, 2026. REUTERS/Steve Marcus/File Photo/File Photo
May 12, 2026

EBay rejects GameStop’s $56B bid as ‘neither credible nor attractive’

EBay rejects GameStop's $56 billion takeover bid over financing concerns, emphasizing its own growth strategy and board confidence in management.

Cattle gather in a feedlot at Callicrate Beef, a vertically integrated ranch-to-market meat produce in Saint Francis, Kansas, U.S., March 20, 2026. REUTERS/Cheney Orr/File Photo
May 11, 2026

Trump to sign orders to boost beef imports, grow herds to try to reduce record prices

President Donald Trump signs executive orders to increase beef imports and support cattle herd growth amid record high beef prices in the U.S.

U.S. President Donald Trump listens to reporters at the White House in Washington, D.C., U.S., May 8, 2026. REUTERS/Elizabeth Frantz/File Photo
May 11, 2026

Trump says federal gasoline tax to be reduced ’till it’s appropriate’

President Donald Trump plans to reduce the 18-cent federal gasoline tax as U.S. fuel prices rise due to the Iran war, pending congressional approval.

Tugboats guide a crude oil tanker passing through the Strait of Hormuz with its Automatic Identification System transponder turned off, as it navigates the waters at Daesan port, in Seosan, South Korea, May 8, 2026. REUTERS/Kim Soo-hyeon/File Photo
May 11, 2026

Oil prices rise $2 as US-Iran talks hit impasse

Oil prices rose more than $2 as US-iran talks stall and the strait of hormuz remains largely closed, impacting global oil supply and markets.

A "now hiring" sign is displayed on a local business after, U.S. employment growth slowed more than expected in July, in Encinitas, California, U.S. August 1, 2025. REUTERS/Mike Blake/File Photo
May 8, 2026

April jobs report shows continued strength

The US labor market added 115,000 jobs in april with unemployment steady at 4.3%, signaling economic resilience and influencing Federal Reserve policy.

Gasoline prices are displayed at a Sunoco station in the Brooklyn borough of New York City, U.S., March 31, 2026. REUTERS/Shannon Stapleton
May 8, 2026

US consumer sentiment hits record low in early May

U.S. consumer sentiment dropped to a record low of 48.2 in early May, driven by higher gasoline prices and concerns over household finances, according to the University of Michigan survey.

Renovations continue at the Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo
May 8, 2026

Strong US jobs data complicates any Warsh push for lower rates

Strong U.S. jobs data in April challenges Federal Reserve nominee Kevin Warsh's hopes for rate cuts amid inflation and geopolitical risks.

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
May 7, 2026

Crypto exchange Coinbase to cut about 14% of workforce in AI-driven restructuring

Coinbase plans to cut about 700 jobs, or 14% of its workforce, as it restructures around AI amid crypto market volatility and subdued trading volumes.

A drone view of drilling rigs in Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
May 7, 2026

Oil falls below $100 a barrel on Middle East peace hopes

Oil prices fell below $100 a barrel amid renewed hopes for a U.S.-Iran peace deal and reopening of the Strait of Hormuz, easing Middle East tensions.

An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo
May 7, 2026

US labor market stable as layoffs remain low

The US labor market remains stable with low layoffs and steady job openings, easing concerns despite the US-israel war impact on oil prices.

Fiber processing at Corning's Concord facility in North Carolina.
May 6, 2026

Corning plans to add 3,000 jobs, boost production in deal with NVIDIA

Corning partners with NVIDIA to expand U.S. optical connectivity manufacturing, adding 3,000 jobs and building new facilities in North Carolina and Texas.

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