In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a meeting of the Collective Security Treaty Organisation (CSTO) Heads of State Council at the Yntymak Ordo (Palace of Unity) presidential residence in Bishkek on November 27, 2025. Alexander Kazakov | Afp | Getty Images The EU must not…
Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced. “Investing in AI infrastructure is capital-intensive, but our operating model is optimized to ensure profitability,” CEO Clayton Magouyrk said on the company’s…
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran…
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at…
Iran appoints Mojtaba Khamenei as its new supreme leader. Anadolu | Anadolu | Getty Images The U.S. achieved a quick victory when its first strikes on Iran killed Ayatollah Ali Khamenei, the country’s supreme leader for nearly 37 years. But news that the country had appointed Khamenei’s son, Mojtaba Khamenei, as his successor, along with…
For many travelers, the process of planning their trips is a grueling slog through endless price comparisons and messy browser tabs. Increasingly, they are outsourcing the task to artificial intelligence. About 91% of global travelers rely on AI travel planners, according to an annual survey of 11,000 global users by travel platform Klook. Travelers use…
Cyclical stocks and software could benefit from increased German fiscal expansion if the Iran conflict continues to disrupt government spending plans, according to analysts at Deutsche Bank. They noted on Tuesday that cyclicals – companies that tend to move in the same direction as the wider economy –have sold off indiscriminately over the previous six…
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images Oil prices moved higher early on Wednesday, despite a report that there would be a historic release of emergency reserves…
U.S. Treasury yields moved higher on Wednesday as investors awaited February’s inflation report and monitored U.S.-Iran war developments. At 3:54 a.m. ET, the benchmark 10-year Treasury yield rose more than 2 basis points to 4.159%. The 30-year Treasury bond was also up over 2 basis points to 4.797%. The 2-year Treasury note yield also rose 2 basis…
German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images German arms maker Rheinmetall on Wednesday reported full-year sales that grew 29% year-over-year and said revenue would grow by even more in 2026, as defense companies are expected to be on the receiving end…
