Meta is among the most oversold stocks after another losing week on Wall Street

Meta is among the most oversold stocks after another losing week on Wall Street

The major stock indexes fell on Friday as investors weighed energy supply concerns amid the continued tightening of travel at the Strait of Hormuz, leading to certain names falling too hard, too fast for the week. The market downturn put some stocks across the consumer discretionary, industrials and technology sectors into oversold territory, potentially priming…

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Higher fuel prices pinch budgets beyond the gas pump during the U.S.-Iran War

Higher fuel prices pinch budgets beyond the gas pump during the U.S.-Iran War

USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt…

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Republican Sam Graves, House transportation committee chief, to retire

Republican Sam Graves, House transportation committee chief, to retire

Committee on Transportation and Infrastructure Chair Sam Graves (R-Mo.). Kylie Cooper | Reuters Republican Rep. Sam Graves of Missouri, chairman of the House Transportation and Infrastructure Committee, announced Friday that he won’t seek reelection, joining a wave of retirements ahead of the midterm elections. Graves, 62, has represented a solidly GOP and rural northern part…

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Yemen’s Houthis launch Israel strike, the first of the Iran war

Yemen’s Houthis launch Israel strike, the first of the Iran war

Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia has intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The…

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Paramount-Warner Bros. movie slate needs animation to rival Disney, Universal

Paramount-Warner Bros. movie slate needs animation to rival Disney, Universal

Source: Warner Bros. | Paramount When Paramount Skydance combines with the Warner Bros. film studio, it’ll have a deep bench of marquee franchises and established prestige. What the powerhouse duo will be missing is an animated film slate that could rival Hollywood giants like Disney and Universal. The combined entity, which is still awaiting regulatory approval, has…

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