U.S. oil futures climbed back above $70 a barrel in late trading after the U.S. launched a fresh attack on Iran a day after Tehran struck a ship in the Strait of Hormuz.

A tanker reported being struck by a projectile in the Strait ​of Hormuz as the warring sides accused each other of violating an interim peace deal.

STORY: The U.S. and Iran have each launched strikes in the worst escalation since they signed an interim peace deal. A tanker on Saturday reported being struck by a projectile in the Strait of

Iran launched a drone assault targeting Bahrain while a ship in the Strait of Hormuz separately came under attack Saturday, in Tehran’s likely response to overnight airstrikes by the United States. The attacks in the Persian Gulf show the danger of the Iran war again spinning out of control,

What you need to know about new changes to social security benefit payments

Understanding the minimum Social Security benefit for 2026 could help retirees make better financial decisions before claiming their monthly payments.

July Social Security checks are set to go out to recipients on a regular schedule next month, even with the Fourth of July holiday. The Social Security Administration pays its benefits on Wednesdays.

Social Security may be looking at sweeping benefits cuts in roughly six years. Future retirees should prepare for reduced Social Security benefits so their finances aren't doomed. That's why it's important to prepare for Social Security cuts,

The nation’s biggest bank recently promoted two possible successors, lost one longtime contender, and handed out $100 million in retention awards.

Over two decades at JPMorgan, Troy Rohrbaugh earned a reputation as a shrewd risk manager. Now he’ll go from investing banking to running the bank’s sprawling consumer operation.

JPMorgan Chase said Thursday that the company is undergoing a major reshuffling of top management under CEO Jamie Dimon, in the latest twist to the succession saga at the country'

In 2005, Jamie Dimon was taking over as chief executive officer of JPMorgan Chase when he lured a Goldman Sachs foreign-exchange derivatives trader to join him. Troy Rohrbaugh turned into a lucrative hire.

First of all, the Minneapolis Fed president, who is a voting member of the Fed’s interest-rate committee this year, said he wasn’t sure the fragile cease-fire with Iran would

The 2-year Treasury note yield moved lower on Friday as Minneapolis Fed President Neel Kashkari said he expects one rate hike will be needed this year.

Minneapolis Fed President Neel Kashkari said geopolitical risks and inflation uncertainty led him to project one interest-rate hike this year.

Minneapolis Federal Reserve president Neel Kashkari said Friday he has penciled in one interest rate hike by the end of the year amid the build-out of AI infrastructure.

Most of the U.S. stock market rose after oil prices eased back to where they were before the war with Iran, but drops for AI stocks kept the market in check. The S&P 500 finished Friday nearly

AI stocks are veering back down the roller coaster on Friday and pulling Wall Street behind them. The S&P 500 fell 0.6% and is heading for just its second losing week in the last 13. The Nasdaq composite,

Wall Street pointed toward losses before the opening bell as volatility continued for chipmakers and other companies heavily invested in artificial intelligence. Futures for the S&P 500 lost 0.6% earl

Shares have fallen in Europe and Asia as traders sold to lock in gains from recent rallies in stocks related to artificial intelligence

US oil plunged, erasing nearly all its gains made during the war, as vessel traffic through the Strait of Hormuz continued to rise and as investors increasingly expect the market to be oversupplied with Persian Gulf exports rebounding sharply.

Crude oil futures turned higher today, pausing a decline that has brought prices virtually back down to the level they were before the Iran war started. Brent crude futures settled higher after report

Crude prices plunged by more than 3% on Friday, on ‌course for steep weekly losses, on easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even though a cargo vessel was hit near Oman on Thursday.

Oil futures resumed their decline and were again probing pre-war levels as the market focuses on increased flows out of the Persian Gulf.