Finance
Dollar and Treasury Yields Hold Firm as Gulf Oil Shock Complicates the Fed's September Decision
A war-driven oil spike has pushed U.S. inflation risk back into markets, and traders are split over whether the Federal Reserve will raise interest rates in September or hold and wait.
Asian Chip Stocks Rally on July 21 as Samsung, SK Hynix and TSMC Reverse Early-July AI-Chip Selloff
South Korea's Kospi and Taiwan's Taiex jumped Tuesday, recovering ground lost in a July selloff driven by doubts over AI spending, aided by strong recent earnings from U.S. memory maker Micron.
War-Risk Insurance for Tankers in the Strait of Hormuz Jumps Again as U.S.-Iran Fighting Resumes
Marine insurers are quoting single-voyage war-risk rates as high as 10% of a ship's value after a mid-July collapse of the U.S.-Iran truce, raising the cost of moving oil through a waterway that carries roughly a fifth of the world's crude.
Nasdaq Falls About 1.5% as Chip Selloff and Netflix's Weak Guidance Weigh on U.S. Stocks
A multi-day, mutually reinforcing retreat from AI and semiconductor shares across Asia and Wall Street culminated on July 16-17, 2026, in a U.S. selloff amplified by a soft third-quarter forecast from Netflix.
Markets Swing as U.S. and Iran Trade Strikes Across the Gulf; Oil Climbs Anew, Gold Slips
Iran says it hit U.S.-linked bases in Bahrain and Kuwait after fresh American strikes on Iran; crude briefly topped $80 earlier in the week, eased, then climbed again toward $79 as the Gulf strikes landed, while gold fell for a second session and equity futures swung as investors gauged the odds of a wider war.
June Employment Report Arrives Early as Fed Chair Warsh Says Inflation Is 'Too High' and Weighs a Rate Increase
The Labor Department released its June jobs data on July 2, a day ahead of the July 4 holiday, amid an unusual debate over whether the Federal Reserve will raise rates rather than cut them.
OpenAI Cuts Funding Target to About $20 Billion at $1.25 Trillion Valuation, FT Reports; Nasdaq Falls 2.86% Friday
The FT says OpenAI lowered its ask from the $30 billion at $1.4 trillion reported in late September, and that its first close will come in under $20 billion. The news came on the Nasdaq's worst day since June 5, while rival Anthropic prepares a November stock listing.
Anthropic Files Public S-1 for Nasdaq IPO, Reporting $16.3 Billion in First-Half Revenue and an $80.7 Billion Net Loss, $72.4 Billion of It a Non-Cash Charge
The filing names no price or valuation. Media reports put the target at $1.5 trillion to $2 trillion. Reported first-half infrastructure spending was nearly $9 billion, and U.S. stock futures were mixed Tuesday.
Kospi Closes Up 3.09% at 5,638 on Chip Buying as U.S. Futures Hover Near Flat Ahead of Fed Decision
Samsung and SK hynix led Seoul higher after Anthropic's IPO filing. U.S. index futures moved between slight gains and slight losses on Tuesday, and a fire near Saudi Arabia's Ras Tanura oil hub kept Brent crude near $116.
U.S. and China Name About $30 Billion Each in Goods for Possible Tariff Cuts; No Rates or Start Date Set as of Oct. 27
The lists came out Sept. 27–28 after Xi Jinping's state visit to Washington. China says about 90% of listed items would move to standard 'most-favored-nation' rates, while the U.S. trade representative says no timeline has been set.
U.S. Stock Futures Rise and Brent Falls About 2% as Trump Says No Iran Strike 'Today' and Mediators Travel to Tehran, Ahead of Wednesday Fed Decision
Early Monday, S&P 500 and Nasdaq-100 futures were up roughly 0.3% to 0.6% depending on the source and time, while Brent crude traded near $114.5. Investors were looking ahead to the Fed's Wednesday rate decision, where Bank of America is in the minority calling for a hike, and to earnings from Microsoft, Alphabet and Amazon.
Audi Plans Its First U.S. Factory, a $4 Billion Plant Near Macon, Georgia; Trump Announces It at Campaign Rally
Audi and Georgia say the plant will bring about 4,500 jobs and build up to 200,000 SUVs a year starting in the early 2030s. Trump credited his tariffs. Audi's CEO called it a long-term bet on the American market, while Volkswagen keeps talking with Washington about tariff relief.