Trump urges Ukraine to stop ‘knocking out’ Russian oil refineries as U.S. diesel hits record
U.S. diesel prices have surpassed $6 a gallon for the first time ever as the Ukraine and Iran wars drive broader energy supply concerns.
Today's focus
Equities Global marketsCentral banks Rates & policyTechnology AI & innovationEnergy Commodities & supplyGlobal trade Business & geopolitics
Trade World News / Section
Markets
Stocks, currencies, commodities and the forces moving prices.
TW
Latest stories
396 stories
Markets desk
Yen appreciation has carry-trade seekers looking at these two currencies
Japanese 10000 yen, 5000 yen and 1000yen banknotes arranged in Tokyo, Japan, on Wednesday, Oct. 8, 2025.
LA Clippers owner Steve Ballmer apologizes over team sanctions
Ballmer said that the team is complying with the penalties, has paid the fines, and is "moving forward."
Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demand
Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects.
Iran says it destroys U.S. advanced drone over Hormuz as Middle East conflict intensifies
Iran said it downed an advanced American drone over the Strait of Hormuz, as Tehran and Washington trade warnings and strikes with no sign of de-escalation.
U.S. Treasury yields are steady as 10-year closes in on 5% ahead of Fed rates decision
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say the drivers behind higher yields are more important.
Prediction markets are becoming more professionalized, but also harder to beat
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
NFL and midterm elections set up prediction markets for a critical fall season
The 2025 football season and 2024 presidential election pushed prediction markets into the prominence they enjoy today.
Larry Ellison nixes plan to offload up to $7.5 billion worth of Oracle stock
Oracle founder Larry Ellison has canceled his plan to sell up to $7.5 billion worth of stock in the software company.
OpenAI rules out IPO this year as Altman, Musk & Amodei warn AI is moving too fast
Altman's IPO comments and Amodei's public call for more careful pacing of AI development cap a week of loud AI warnings.
Indian Prime Minister Modi says border peace is key to India-China ties
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping addressed concerns around border dispute and the trade imbalance.