How the Iran War Is Disrupting Global Oil and Gas Supply

Mar 6, 2026 | Markets

Fears of deeper disruption to global oil and natural gas supply are growing as the US and Israel continue to strike Iran, and the Islamic Republic retaliates with missiles and drones across the Middle East. Prices of both commodities have jumped, and a sustained...

Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Mar 5, 2026 | Markets

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company and may be implemented as soon as this month, according to people...

Fed’s Beige Book Shows Weaker Consumer Is Weighing on Sales

Mar 4, 2026 | Markets

US economic activity increased at a slight to moderate pace across most regions in recent weeks, though a growing number reported flat or declining activity, the Federal Reserve said. In its Beige Book survey of regional business contacts, released Wednesday, the US...

Panic Sweeps Korean Stocks in Biggest One-Day Crash on Record

Mar 4, 2026 | Markets

Panic swept through South Korea’s trading floors as concerns over the Middle East conflict sent the world’s hottest stock market to its biggest-ever selloff. The Kospi Index plunged 12% — following a 7.2% drop on Tuesday — as heavyweights Samsung Electronics Co., SK...