4:17 a.m. March 6, 2021
Pope, top Shiite cleric hold historic meeting on embracing Iraq's Christian minorityPope Francis and Iraq's top Shiite cleric delivered a powerful message of peaceful coexistence Saturday, urging Muslims in the war-weary Arab nation to embrace Iraq’s long-beleaguered Christian minority during a historic meeting in the holy city of Najaf.
6:49 p.m. March 4, 2021
Yemen rebels claim attack on Saudi oil facility; no damage observedYemen’s Houthi rebels said they attacked a Saudi oil facility in the port city of Jiddah on Thursday amid their campaign of drone and missile attacks on the kingdom, though satellite pictures later analyzed by The Associated Press showed no new apparent damage at the site.
11:22 a.m. March 4, 2021
Biden called off strike on second Syria target after learning a woman and children were presentWarning received about 30 minutes before bombs were scheduled to fall.
12:13 a.m. March 3, 2021
- By Associated Press
Iraq air base that hosts U.S. troops targeted by rocketsAt least 10 rockets targeted a military base in western Iraq that hosts U.S.-led coalition troops on Wednesday, the coalition and the Iraqi military said. It was not immediately known if there were any casualties.
11:49 p.m. March 1, 2021
Iran rejects EU offer to resume nuclear talks with U.S.An Iranian government official said on Sunday that Tehran wouldn’t accept to resume talks to salvage a 2015 nuclear deal with world powers that former U.S. president Donald Trump denounced.
12:45 p.m. March 1, 2021
- By Meera Jagannathan
U.S. consumers made a record number of complaints in 2020, and 11 million Americans face an unemployment-benefits ‘cliff’ if lawmakers don’t extend COVID-19 relief programs Monday’s top personal finance stories Monday’s top personal finance storiesMonday’s top personal finance stories
3:21 a.m. March 1, 2021
Why the Stock Market Is Bouncing Back
Fauci urges Americans to take J&J vaccine, Senate Democrats to drop minimum wage from relief package, Danone to sell Chinese unit, and other news to start your day.
11:25 a.m. Feb. 28, 2021
Iran rejects offer to restart direct nuclear talks with U.S.Iran rejected a European Union offer to arrange direct nuclear talks with the U.S., senior diplomats say, risking fresh tension between Tehran and Western capitals.
10:44 a.m. Feb. 28, 2021
Oil Producers Consider Next Steps as Prices Rise
Rising oil prices may encourage producers to consider raising production.
7:38 a.m. Feb. 27, 2021
- By Myra P. Saefong
Here's what the oil market thinks OPEC+ should do nextMajor oil producers will put their negotiation skills to the test when they meet to discuss production levels in early March, as Saudi Arabia and Russia attempt to seek balance between crude prices at their highest in more than year, tightening global supplies and an uncertain path of recovery for energy demand.
7:18 p.m. Feb. 26, 2021
U.S. intelligence assessment concludes Saudi crown prince OK’d capture or killing of journalist KhashoggiIntelligence report released Friday by the Biden administration was completed in 2018 but kept under wraps by then-President Trump
3:43 a.m. Feb. 26, 2021
What to Make of the Bitcoin Bear Market
House expected to pass stimulus bill today, retail wage wars heat up, nursing home Covid-19 cases have dropped sharply, and other news to start your day.
5:47 p.m. Feb. 25, 2021
Biden orders airstrikes against Iran-backed militia in SyriaThe United States launched airstrikes in Syria on Thursday, targeting facilities used by Iranian-backed militia groups. The Pentagon said the strikes were in retaliation for a rocket attack in Iraq earlier this month that killed one civilian contractor and wounded a U.S. service member and other coalition troops.
3:46 p.m. Feb. 25, 2021
- By Mark DeCambre
Stock-market futures and oil hold steady as U.S. launches attack against Iran-backed militia in SyriaU.S. stock-market index and oil futures Thursday night were seeing muted moves amid news that the Biden administration had launched airstrikes in Syria, targeting facilities near the Iraqi border used by Iranian-backed militia groups. Futures for the Dow Jones Industrial Average were down less than 0.1% at 31,364, those for the S&P 500 index were also off less than 0.1% at 3,827.75, while Nasdaq-100 futures were down 0.4% at 12,787.50. The strikes were retaliation for a rocket attack in Iraq earlier in February that killed one civilian contractor and wounded a U.S. service member and other coalition troops, according to the Pentagon, the . U.S. crude-oil futures were off 0.7% at $63.04 a barrel and global benchmark Brent crude was trading 0.9% lower at $65.59 a barrel on Globex. Equity markets on Thursday ended sharply lower amid a rapid rise in bond yields, with the 10-year Treasury note touching around 1.6%, undercutting appetite for assets percieved as risky like stocks against risk-free government debt. On Thursday, the Dow booked its steepest one-day slide since Jan. 29, the S&P 500 index closed down 2.5% to mark the biggest daily slump in three weeks and the Nasdaq Composite Index ended the session off 3.5% to mark its worst day since October.
12:42 p.m. Feb. 25, 2021
Biden set to reveal U.S. intelligence findings on Saudi leadership role in Khashoggi killing that Trump administration kept under wrapsTiming of scheduled Biden call with Saudi King Salman may slip to Friday.
7:07 a.m. Feb. 25, 2021
$100 Oil Is Looking More Possible. Energy Stocks May Have 'Monster Upside'
Oil prices have risen above even the most bullish analysts' projections so far this year.
3:29 a.m. Feb. 24, 2021
Blinken says U.S. seeks position with U.N. human-rights watchdog shunned by Trump administration"The United States is placing democracy and human rights at the center of our foreign policy because they're essential for peace and stability," says Secretary of State Antony Blinken.
2:56 a.m. Feb. 24, 2021
EU foreign ministers agree to impose new sanctions on Russia over treatment of opposition leader NavalnyBiden administration in U.S. had advocated for substantive action amid hesitation among some European officials to adopt too a hard line against the Kremlin.
8:21 p.m. Feb. 22, 2021
HSBC sharpens Asia focus as earnings tumble 35%HSBC Holdings PLC, one of the world's largest banks, said it would pour about $6 billion of extra investment into Asia in the next five years, as it doubles down on its core business. The London-based bank, which makes most of its profit in Hong Kong and mainland China, said Tuesday that earnings fell 35% to $3.9 billion last year as the coronavirus pandemic roiled the global economy.
10:58 a.m. Feb. 22, 2021
- By Barbara Kollmeyer
Oil prices will rally 'sooner and higher.' Expect $75 Brent crude this year, says Goldman Sachs Lots of demand, not enough supply and global economies recovering from the COVID-19 pandemic are all recipes for booming oil prices, says Goldman Sachs.
6:57 a.m. Feb. 22, 2021
Analyst Sees $75 Oil By Summer, Which Could Cause Stocks to Soar
Goldman Sachs analyst Damien Courvalin previously had expected Brent to rise to $65 a barrel.
11:42 a.m. Feb. 21, 2021
U.N. official says Iran to grant 'less access' to its nuclear programIran will begin to offer United Nations inspectors “less access” to its nuclear program as part of its pressure campaign on the West, though investigators will still be able to monitor Tehran's work, the U.N. atomic watchdog's chief said Sunday.
2:17 p.m. Feb. 18, 2021
U.S. says it's ready to join talks to resume Iran nuclear dealThe State Department said Thursday the U.S. would accept an invitation from the European Union to attend a meeting of the participants in the original agreement. The U.S. has not participated in a meeting of those participants since former President Donald Trump withdrew from the deal in 2018.
5:57 p.m. Feb. 17, 2021
U.S. charges North Korean programmers over Sony hack, WannaCry ransomware The Justice Department has charged three North Korean computer programmers in a broad range of global hacks, including a destructive attack targeting an American movie studio, and in the attempted theft and extortion of more than $1.3 billion from banks and companies, federal prosecutors said Wednesday.
10:31 a.m. Feb. 16, 2021
- By Myra P. Saefong
Natural-gas prices soar amid freezing U.S. temperatures, while oil prices settle at a more than one-year highA bitter winter storm hitting much of the U.S. has sent demand for natural gas skyrocketing. Oil prices also extend last week's gains as investors return from a U.S. holiday.
3:01 p.m. Feb. 14, 2021
Carlos Menem, former Argentine president who tamed inflation, dies at 90 Carlos Menem, a former Argentine president who delivered short-lived economic stability and forged close ties with the United States in the 1990s even as he navigated scandal and enjoyed an often flamboyant lifestyle, has died.
10:11 a.m. Feb. 12, 2021
- By Myra P. Saefong
Oil ends higher on Middle East tensions, with global prices up over 5% for the weekOil futures get a boost on Friday from rising tensions between the Iran-backed Houthis rebels and Saudi Arabia, prompting prices for global benchmark crude to finish more than 5% higher for the week.
9:42 a.m. Feb. 12, 2021
- By Myra P. Saefong
Oil futures end higher as Middle East tensions raise stability concerns Oil futures on news of rising tensions between the Iran-backed Houthis political group in Yemen and Saudi Arabia. that the Houthis' military spokesman tweeted that the Houthis' air force hit an airport and air base in Saudi Arabia with drones. Also on Friday, the Biden administration revoked the State Department's terrorist designations of the Houthi rebels, . "As the Biden administration no longer considers the Iran-backed Houthis as a terrorist organization, this action diminishes U.S. alliance with Saudi Arabia," said Manish Raj, chief financial officer at Velandera Energy. "Since the Saudis have been instrumental in balancing global oil trade in the recent times, there is a fear that they may be less motivated to balance oil markets in the future." March West Texas Intermediate crude rose $1.23, or 2.1%, to settle at $59.47 a barrel on the New York Mercantile Exchange. For the week, front-month prices gained roughly 4.7%, according to FactSet data.
2:21 a.m. Feb. 9, 2021
Biden signals tough line on China and IranPresident Joe Biden on Sunday gave the first indications that he would not entirely reverse the tough lines adopted by the former U.S. administration toward China and Iran.
6:27 p.m. Feb. 8, 2021
Hacker tried to taint Florida city's water supply with lye, officials sayA hacker was able to remotely gain access to a Florida city’s water treatment plant in an unsuccessful attempt to fill the water supply with a potentially harmful chemical, authorities said.
11:31 a.m. Feb. 8, 2021
- By Elisabeth Buchwald
‘Real estate is your sex now’: SNL sketch skewers people’s obsession with Zillow and 30% of workers would benefit from a minimum-wage hike to $15 an hour Monday’s top personal finance stories Monday’s top personal finance stories Monday’s top personal finance stories
10:10 a.m. Feb. 8, 2021
U.S. moves to rejoin U.N. Human Rights CouncilThe Biden administration is set to announce this week that it will reengage with the much-maligned U.N. Human Rights Council that former President Donald Trump withdrew from almost three years ago, U.S. officials said Sunday. The decision reverses another Trump-era move away from multilateral organizations and agreements.
10:08 a.m. Feb. 8, 2021
- By Myra P. Saefong
Brent oil ends above $60 a barrel for the first time in over a yearOil prices climb on Monday, with the global benchmark Brent settling above the $60 mark for the first time since January 2020.
3:19 a.m. Feb. 8, 2021
What Another EV Stock Means for Oil Investors
Debate intensifies on Biden’s $1.9 trillion stimulus package, what to expect at Trump’s impeachment trial, the price of oil hits pre-pandemic highs, and other news to start your day.
12:32 p.m. Feb. 7, 2021
Biden rejects lifting sanctions against Iran first to revive nuclear dealIran’s supreme leader on Sunday urged the United States to lift all sanctions if it wants Iran to live up to commitments under its nuclear deal with world powers, state TV reported, but President Joe Biden says the U.S. won't be making the first move.
3:11 a.m. Feb. 1, 2021
What’s Next for the ‘Meme Trade’
Retail investors send silver soaring to eight-year highs, GOP senators to discuss $600 billion relief bill with President Biden, many health-care workers put off vaccination, and other news to start your day.
2:00 a.m. Jan. 29, 2021
Biden Is Patient on China for Now. That’s Making Investors Happy.
The adversarial relationship between U.S. and China isn’t a major risk right now, analysts say. That has helped the iShares MSCI China ETF gain 10% this year.
10:38 a.m. Jan. 27, 2021
Biden administration pauses Trump arms sales to Gulf states for further review The Biden administration has put a temporary hold on several major foreign arms sales initiated by the administration of then-President Donald Trump.
3:19 a.m. Jan. 27, 2021
Biden administration restoring relations severed by Trump White House with PalestiniansU.S. aid payments to be reinstated.
12:56 p.m. Jan. 26, 2021
Biden breaks with Trump's solicitous tone toward Putin in first bilateral call with Russian presidentU.S. leader said to have raised concerns about the arrest of Russian opposition figure Alexei Navalny, Kremlin involvement in a massive cyberespionage campaign and bounties placed on American troops serving in Afghanistan, among other topics.