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Oil surged after Iran fired several rounds of missiles toward Israel, threatening a fragile ceasefire as talks to end the war falter.

Iran fired several missile barrages toward Israel, threatening to disrupt a fitful ceasefire in the US’s 100-day conflict with Tehran.

For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything.

Russian President Vladimir Putin rejected Ukrainian leader Volodymyr Zelenskyy’s call to meet and negotiate an end to his war in Ukraine.

The US and Iran have made little progress in talks over an interim peace deal this week, with the sides seeing their worst clashes since an April ceasefire began and fighting continuing in Lebanon.

President Donald Trump said he was weighing proposals for the US government to partner with major artificial intelligence firms, and would soon discuss the idea with the firms’ executives.

US job growth topped all forecasts in May and the unemployment rate held steady, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring.

The euro-zone economy shrank at the start of the year after an unprecedented contraction in Ireland forced a revision to data that originally showed feeble growth.

Iran said there had been no recent progress in talks with the US over an interim peace deal, while fighting persisted in Lebanon despite Washington’s declaration of a ceasefire between Israel and the country.

Bitcoin sank to its lowest level since the outset of the Iran conflict as renewed clashes in the Middle East weighed on wider market sentiment.

From the Yom Kippur war to Russia’s attack on Ukraine, history shows that major events in the oil and gas markets can drive enduring changes to the global energy mix, as governments and consumers look for new, more stable sources.

The fate of the global economy hinges on the conflict in the Middle East that has already stifled growth and could yet trigger recessions and significantly stronger inflation, the OECD said.

The European Union is gearing up to warn its citizens and companies about a potential trade war with China as the bloc starts weighing new restrictive measures against Beijing aimed at resetting an imbalanced economic relationship.

The US is proposing tariffs of at least 10% on imports from most major trading partners following an investigation into goods allegedly produced by forced labor, as President Donald Trump seeks to rebuild the sweeping tariff wall struck down by the US Supreme Court.

Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank meets next week.

Russland hat die ukrainische Hauptstadt Kiew und andere Landesteile erneut in großem Umfang mit Raketen und Drohnen angegriffen. Im Zentrum Kiews waren in der Nacht heftige Explosionen zu hören. Nach Angaben von Bürgermeister Witali Klitschko gibt es mindestens vier Todesopfer und 58 Verletzte.

Iran said it would suspend negotiations with the US in protest for Israel’s offensive in Lebanon, escalating tensions at a time when Washington and Tehran have been working on the terms of an interim peace deal.

US manufacturing activity expanded in May at the fastest pace in four years, bolstered by a pickup in new orders and production.

Morocco overtook South Africa as the continent’s most industrialized economy last year as it upgrades its offering, diversifies exports and implements growth policies, a report showed.

Cost savings from automation are broadly falling short of projections, according to a new Bain & Co. global survey of large companies.

Russia banned exports of jet fuel through end-November to avoid shortages at home after Ukraine intensified attacks on the nation’s refineries.

Senior government officials have warned Russian President Vladimir Putin that spending on the war in Ukraine is on an unaffordable path, the most serious sign of internal division in Moscow since the full-scale invasion began.

Anthropic PBC has confidentially submitted draft paperwork for a public listing as it races longtime rival OpenAI to make a Wall Street debut as soon as this fall.

Stablecoins pose a number of risks to financial stability and monetary policy, and the European Central Bank’s best response is to ensure that public money remains the anchor of the system, according to Executive Board member Isabel Schnabel.

Oil climbed as tensions remained elevated in the Middle East, with negotiations over a permanent US-Iran ceasefire showing little sign of a breakthrough.

The US and Iran traded messages over the weekend seeking changes to a draft agreement that would extend a ceasefire and open the Strait of Hormuz, but it was unclear whether the sides were making much progress.