Finance

‘Seismic’ blue wave triggers sinking of oil prices, energy stocks, and chances of permitting reform

Most energy stocks plunged on Wednesday—except for clean power and utilities in a few remaining reliably red states—as crude oil prices fell to one-month lows

Finance

Iran vows response beyond Mideast and target financial assets; oil markets fear generational damage

The clock is ticking toward a new round of fighting in the U.S.-Iran war, but this time the damage could be much more widespread, stretching

Finance

Drones strike a container ship off Bulgaria as Black Sea shipping attacks pile up

Three maritime drones struck a container ship sailing in the Black Sea off the coast of Bulgaria on Wednesday, the country’s defense minister said, the

Finance

Microsoft offers buyouts to nearly 30% of workforce in ongoing AI shift

Microsoft is offering buyouts to roughly 60,000 employees, or about 27% of its workforce, as the software giant continues to spend heavily on artificial intelligence.

Finance

Gen Z’s ‘cockroach’ party is challenging Modi over 130 million deleted voter names

But some outside monitors disagree. Sweden’s V-Dem Institute classifies India as an “electoral autocracy,” meaning that although it regularly holds multiparty elections, it fails basic

Finance

SpaceX posts first operating profit as public company as AI revenue nearly triples to $7.6 billion

Elon Musk’s SpaceX said Tuesday that third-quarter revenue rose 161% to $14.6 billion year over year, cruising past the $12.86 billion analysts expected, according to

Finance

Democrats use Iran war to target Republicans—even some who never cast votes in Congress

In Wisconsin, a narrator complains that “groceries, utilities, everything’s getting more expensive and Congressman (Derrick) Van Orden is adding to the list. He voted for

Finance

Yum! Brands exec pushes back on AI hate: Taco Bell drive-thru bot helped increase employee retention

As Americans continue to oppose the AI buildout, Yum! Brands is reckoning with the dissonance between this opposition and the technology’s benefits for workers within

Finance

Oil theft is on the rise in the Permian—and it’s mostly carried out in targeted, organized heists 

The spike in oil prices since the Iran war began this year has attracted more thieves, and they are increasingly professional criminals. West Texas Intermediate

Finance

A FEMA administrator created the Waffle House Index after looking for food during hurricane cleanup

Golden hash browns, gravy-smothered biscuits and crispy waffles with a hearty helping of syrup are among the classic Southern comfort foods. But when hurricanes tear