Oil was on track to close out its third week of gains as traders awaited President Trump’s decision on whether the US will directly intervene in the Israel-Iran conflict. West Texas Intermediate futures (CL=F) traded just below $75 per barrel, and Brent crude (BZ=F), the international benchmark, hovered near $76. Oil futures were on pace…
Circle’s (CRCL) massive rally shows no signs of cooling. The stablecoin issuer soared as much as 15% in early trading on Friday, extending its stunning post-IPO surge as Wall Street bets big on crypto’s next major disruptor. “Circle as a top-tier crypto ‘disruptor’ with a sizeable future opportunity,” Seaport Research Partners analyst Jeff Cantwell wrote…
For years we’ve read stories about antidemocratic countries abroad — supreme leaders acting with impunity, masked agents rounding up residents, troops in the streets, crackdowns on peaceful protests, intimidation and arrests of opposition figures, show-of-force military parades and political assassinations. For a time this month, I was abroad. And the antidemocratic country I was reading…
US stock futures edged lower Thursday evening as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F)…
Oil is up roughly 10% since the outbreak of the Israel-Iran conflict, with Wall Street warning of further upside risk if Iran — a major oil producer — is destabilized. On Wednesday, West Texas Intermediate futures (CL=F) was little changed to settle at $75.14 per barrel following a bigger than expected decrease of US oil…
New data from the New York Fed suggests Americans are gaining confidence in the labor market, even as broad uncertainty around trade policy, interest rates, and other unknowns clouds the economic outlook. According to the New York Fed’s May 2025 Survey of Consumer Expectations, the perceived chance that the US unemployment rate will rise over…
US stock futures drifted higher on Monday as investors watched renewed US-China trade talks for signs either side is willing to dial down tensions and reach a tariff deal. S&P 500 futures (ES=F) inched up 0.1%, after the broad benchmark edged above 6,000 to notch its highest close since February. Dow Jones Industrial Average futures…
When we think of life’s big questions, we usually think about things like the meaning of life and whether or not God exists. We probably don’t think about which way a toilet paper roll should hang or how often we should wash our bed sheets, but interestingly enough, those practical daily life questions often lead…
“We [international students] are a big part of higher education in this country,” said Masliah, who is studying political science and philosophy. “And it’s time to show it.” In Boston, Northeastern University would have much to lose if the Trump administration decides to deploy widespread restrictions on international student enrollment. During the 2023-24 school year,…
Treasury Secretary Scott Bessent on Tuesday said the “onus” is on China to bring down its tariffs as he outlined how many jobs the world’s second-largest economy stands to lose in a trade war. If the US keeps tariffs in place at the current level of 145%, China could lose 10 million jobs “very quickly,”…