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Airlines are raising fares, increasing fees to check bags and adding fuel surcharges to offset higher jet fuel prices amid the Iran war. The hikes will strap budget-conscious consumers, travel experts noted. But there are still ways for travelers to find reasonably priced airline tickets, commented those in the know. For budget-conscious travelers, it’s gotten […]

OpenAI CFO Sarah Friar told CNBC in an interview that the enterprise will hold a slice of its shares for retail investors when it goes public. Friar wouldn’t comment on a listing timeline but commented it’s “good hygiene” for an $852 billion corporation to “look and feel and act … like a public company.” CRO […]

A federal appeals on denied Anthropic’s request for a stay in its lawsuit against the Department of Defense. The DOD officially designated Anthropic a supply chain risk in early March and noted the business threatened national security. Late last month, a judge in San Francisco federal court granted Anthropic a preliminary injunction in a separate […]

The Iran war has driven up raw material and packaging costs for India’s textile industry. The sector is the country’s second‑largest employer and supports more than 45 million jobs. This also touches on aspects of bull market. A continued spike in global oil prices could dampen consumer demand in the U.S., prompting further cuts to […]

Asia faces oil shock pressure, but stronger reserves reduce crisis risk. Economists commented this was a supply shock, not a financial crisis like the one in 1997. Stagflation risks rise as energy prices surge and fiscal space shrinks. This also touches on aspects of portfolio.

The latest broadside comes after Trump revealed a 2-week ceasefire after more than a month of fighting with Iran. It was the second time this week that Trump took aim at Greenland and NATO. “Trump can’t attack the alliance forever without making it hollow,” remarked Michael Feller, chief strategist at Geopolitical Strategy. U.S. President Donald […]

Oil markets rose on Thursday after Iran accused the United States of violating elements of a two-week ceasefire agreement. Mohammad Bagher Ghalibaf, Iran’s parliamentary speaker, commented three elements of Iran’s 10-point truce proposal had been violated, including Israel’s ongoing strikes in Lebanon. Oil prices rose Thursday after Iran accused the United States of violating elements […]

Asia markets traded lower as investors assessed fragile Iran-U.S. deal. West Texas Intermediate and International benchmark Brent both rose. Asia-Pacific markets traded lower Thursday, after Iran’s parliamentary speaker charged the U.S. of breaching the terms of the two-week ceasefire agreement. On Wednesday, U.S. President Donald Trump had published a “double sided” ceasefire, more than a month […]

U.S. stock futures were little changed early Thursday after a massive comeback following President Donald Trump’s decision to suspend attacks on Iran for two weeks. S&P 500 futures and Nasdaq 100 futures slipped 0.2%. Futures tied to the Dow Jones Industrial Average fell by 72 points, or around 0.15%. During Wednesday’s regular session, the S&P […]

Meteorologists say an unusually powerful El Niño could take shape later this year, exacerbating global food security fears. The prospect of a “super El Niño” event comes at a time when many have raised the alarm over surging fuel and fertilizer costs amid the Iran war. One analyst told CNBC that an El Niño event […]