Oil Crashes Nearly 5% to $59 as Iran Risk Premium Evaporates in Sharpest Drop Since October
WTI crude plunged nearly 5% to $59 per barrel on January 16, the sharpest single-day drop since October, as Trump signals de-escalation with Iran.
3055 articles found for "investing"
China's Record $1.2 Trillion Trade Surplus: How Beijing Defied Trump's Tariffs in 2025
China posted a historic $1.2 trillion trade surplus in 2025, up 20% from 2024, even as exports to the US fell 20%. How Beijing redirected global trade flows.
Big Tech's $602 Billion AI Gamble: Inside the Largest Corporate Spending Spree in History
Amazon, Microsoft, Google, and Meta are projected to spend $602 billion on AI infrastructure in 2026, a 36% increase from 2025 levels.
Strategy's $1.25 Billion Bitcoin Bet: Michael Saylor's Company Now Controls 3% of All Bitcoin in Existence
Strategy (formerly MicroStrategy) acquires 13,627 BTC for $1.25 billion, bringing total holdings to 687,410 Bitcoin worth approximately $62 billion.
BYD Dethrones Tesla: Chinese EV Giant Claims Global Crown After Outselling Musk's Company by 600,000 Vehicles
Chinese automaker BYD sold 2.25 million electric vehicles in 2025, surpassing Tesla's 1.63 million deliveries to become the world's largest EV maker.
December Industrial Production Rises 0.1%: Manufacturing Shows Signs of Stabilization After Challenging Year
The Federal Reserve reports December industrial production rose 0.1%, with manufacturing output edging higher. Here's what the data means for the economic outlook.
Bank of New York Mellon's Record Year: How the Quiet Giant Guarding $59.3 Trillion Outperformed Wall Street
Bank of New York Mellon delivered record results in 2025, with $5.3 billion in net income and assets under custody reaching $59.3 trillion as the financial plumbing giant benefits from market gains.
US and Taiwan Strike Historic $250 Billion Chip Deal: Inside the Agreement Reshaping Global Semiconductors
The US and Taiwan have reached a landmark trade agreement that caps tariffs at 15% and commits $500 billion to expand American chip manufacturing capacity.
Brian Moynihan's Bullish Case for 2026: Why Bank of America's CEO Sees Consumer Resilience Powering the Economy
Bank of America CEO Brian Moynihan declares he's 'bullish on the U.S. economy in 2026' as trading revenue surges 10% and the bank projects 5-7% NII growth.
Amazon Leads Magnificent 7 to Start 2026 After Being the Weakest in 2025
After finishing as the weakest Magnificent 7 stock for the seventh consecutive year, Amazon has surged to lead the tech giants in early 2026 as AWS accelerates.
JPMorgan Chase Takes Over Apple Card from Goldman Sachs: Inside the $20 Billion Credit Card Transfer
JPMorgan Chase will become the new issuer of Apple Card, taking over $20 billion in loans from Goldman Sachs in a deal that marks the end of Goldman's consumer banking experiment.
Alphabet Overtakes Apple as World's Second-Most Valuable Company: Inside the $4 Trillion Reshuffling
Google parent Alphabet has surpassed Apple to become the world's second-most valuable company behind Nvidia, reshaping the $4 trillion tech hierarchy.