Oil Prices Tumble 6% as Trump Shows Eagerness to Talk to Iran
Investors reacted to signals of possible de-escalation of the war in the Middle East.
New York Times Accuses Pentagon of Defying Court Order
The company said in a legal filing that the department sought to fashion an “end run” when it issued revised media rules on Monday.
Delta Air Lines Says It Will Suspend Special Services for Congress Members
Airport escorts and “red coat” assistance for lawmakers will be suspended, the airline said on Tuesday, citing the extended partial government shutdown.
High Oil and Gas Prices Could Outlast Trump’s War With Iran
While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
New Limits on Investors and a Debt Downgrade Add to Private Credit Woes
Investors are concerned about the health of the industry, which ballooned over the past decade.
Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
The cut represents about 20 percent of the video game company’s work force, a spokeswoman said.
Russian Oil Shipment Puts Focus on Kremlin Spy Outpost in Cuba
Moscow may be challenging President Trump’s effort to choke Cuba’s economy. China also has suspected listening posts on the island.
War in Iran Is Disrupting Air Travel, Hitting Middle East Hardest
Some airlines and travelers, especially in the Middle East and elsewhere in Asia, are bearing the brunt of the pain, while others are doing better.
Covid Relief Loans Are Haunting Small Businesses
The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult.
Investors Question Whether Quick Peace in Iran Is Possible
Global markets are under pressure again amid doubts that the fighting in the Middle East can end anytime soon.
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