He invented the electric future. We're just running out of silver trying to build it. In 1899, Nikola Tesla was dreaming about a world powered almost entirely by electricity — wireless transmission, electric motors, massive power grids, automation, remote control...

Investors are wrong to bet the European Central Bank will raise interest rates this year while the Federal Reserve cuts, Citadel Securities said, arguing that the oil-price surge makes such policy divergence unlikely. With the conflict in the Middle East lifting crude...

Abu Dhabi’s new $237 billion financial-services holding company Judan is buying a majority stake in Alpha Wave Global, an alternative asset manager that holds stakes in leading artificial intelligence firms including SpaceX, Anthropic and OpenAI. Judan will take a...

Palm and soybean oil prices surged and wheat hovered near the highest in almost two years as the war in the Middle East drove up energy and fertilizer costs and threatened to tighten supplies across agricultural markets. Disruptions to crude oil supplies wrought by...

US stock traders are unprepared for a correction in the S&P 500 that would see the gauge fall as much as 10% from its peak as a result of the war in Iran, according to JPMorgan Chase & Co.’s trading desk. Andrew Tyler, JPMorgan’s head of global market...

US stocks are facing a growing risk of a sharp selloff this year as the escalating war in Iran hurts global markets, according to veteran strategist Ed Yardeni, updating his outlook for what he describes as “fast-moving times.” Yardeni has raised the probability of a...

China’s consumer-price growth accelerated to the quickest in over three years and factory deflation moderated again, after a rally in energy markets and as household spending boomed during a later-than-usual Lunar New Year holiday. The consumer-price index climbed...

The surge in oil prices combined with a sagging yen raises the risk that Japan will slide into stagflation, prompting the government to ramp up fiscal spending while complicating the central bank’s mission to normalize its policy settings. Oil topped $100 per barrel...

The economic fallout from the war in the Mideast is spreading outside the region. Persian Gulf ports have turned into military targets. The vital Strait of Hormuz is effectively closed, sending fuel costs and shipping rates soaring. Vessels can’t reach a container hub...

President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely. Trump called...

President Donald Trump said the largest US defense manufacturers had agreed to boost production of some weapons following a meeting at the White House, amid worries that the war against Iran is depleting Pentagon stockpiles. “We just concluded a very good meeting with...