Trump convenes Cabinet at Camp David amid simmering Iran war Reuters

The market, as I have noted before, is a small miracle. All these people come together — sellers, buyers, go-betweens — with different preferences, needs and resources, and they manage to come up with a price. The market clears, and everyone is better off.

ExxonMobil Holdings Corp. and Chevron Corp. plowed blowout profits into debt reduction rather than huge buyback increases in a sign of Big Oil’s caution about how long war-driven price rallies will last.

Rise in profits comes amid increasing political scrutiny ahead of US midterm elections

Investing in South Korea’s stock market has yielded huge returns this year, but it’s been a wild ride. Volatility on the benchmark Kospi Index has topped 60%, almost double that of Japan’s Nikkei 225. It’s even put the notoriously unstable cryptocurrency Bitcoin in the shade.

From Korean stocks to US bonds, markets swings are turning more severe.

Everyone should have access to financial advice — and now they do. Just fire up your favorite AI chatbot, and at your fingertips is advice that’s as good as any human can provide, or better. The bot probably knows more, and it’s almost certainly less burdened by conflicts and biases.

Fuel prices are rising but the Strategic Petroleum Reserve may not play a role in this phase of the Hormuz crisis.

New York sued Kalshi Inc.’s trading subsidiary for allegedly running an illegal, unlicensed gambling operation in the state, marking another major legal hurdle for an industry that has won support from the Trump administration.

Maruti Suzuki India Ltd.’s profit missed analysts’ estimates as rising commodity costs offset a robust revenue growth.