Gas prices jumped as the military conflict with Iran escalated, pushing the national average for a gallon of regular gasoline to $3.32 on Friday — an 11.4% rise from last week and the highest level since August 2024. Brent crude traded above $91 a barrel Friday morning, its highest

Nintendo filed a lawsuit in the U.S. Court of International Trade seeking refunds after the Supreme Court struck down President Trump's tariffs. The company asks the court to order the prompt refund of the "unlawful" tariff fees, with interest and attorney fees. The levies were

Concerns about private credit have risen after a string of recent setbacks. BlackRock capped withdrawals from its HPS Corporate Lending Fund after more than $1.2 billion in first-quarter redemption requests, paying out $620 million — about 5% of the fund's net asset value — and invoking the threshold that

Stock markets in Asia recovered after several days of heavy losses linked to the war in the Middle East. South Korea’s KOSPI, which had plunged by 12% on Tuesday, climbed by almost 10% on Thursday, Japan’s Nikkei rose 1.9%, and MSCI’s Asia-Pacific index excluding Japan jumped

Alphabet CEO Sundar Pichai will receive a three-year equity package that could be worth up to $692 million if the board's performance targets are met, the company said in an SEC filing. Much of the award remains unchanged from his 2022 grant, but for the first time a

Nintendo filed suit against the U.S. government and multiple officials on Friday in the United States Court of International Trade, seeking the prompt refund, with interest, of duties it paid over the past year. The complaint names Scott Bessent, Secretary of the Treasury; Kristi Noem, the (now-former) Secretary of

Business reporter Peter Eavis looks at the global implications of the Strait of Hormuz. The narrow waterway to the south of Iran is the focus as he analyzes ship activity in the strait. Eavis compares that activity before and after the United States and Israel initiated attacks on Iran. Iran,

Since stepping away from royal duties in March 2020, Meghan Markle and Prince Harry have launched multiple business ventures and faced a string of setbacks. Their lifestyle brand As Ever lost its Netflix tie in 2026, and several other projects have stalled or underperformed. Meghan’s children’s book The

Leaker Brick Clicker claims Lego is planning a large Pokémon set built around a Poké Ball that opens to reveal an interior diorama. The leak places this release alongside the return of Spongebob sets and a Dragon Ball Shenron display slated for 2026. Last year Lego reclaimed the Pokémon license

Billy Joel sold the main piece of his Centre Island, New York, waterfront estate, MiddleSea, for $28.75 million, bringing combined sales of the property’s parcels to $35.7 million. The 26-acre estate first went on the market in 2023 with a $49 million asking price and was relisted

Jefferies says the recent AI panic trade has pushed a number of otherwise solid stocks into a “discount bin.” The firm argues that fears about tech-driven disruption have prompted broad selling, even though AI will only upend parts of the economy and some companies remain good long-term buys. On the

Daniel Mazur is joining Izzy Englander's $86.3 billion hedge fund Millennium as a senior portfolio manager. He has traded stocks at Ken Griffin's Citadel since 2016. Citadel liquidated Mazur's portfolio earlier this year and promoted two people who worked under him — Brad Gemberling

Nintendo is suing the US government over duty fees it calls "illegally collected." In a lawsuit obtained and shared by Aftermath, the company says US President Donald Trump’s "unlawful imposition of tariffs" under the International Emergency Economic Powers Act (IEEPA) caused it to have "

You're not the McDonald's CEO, but you can test your skill with our quiz! The McDonald's CEO is getting roasted for an awkward taste test of the new "Big Arch" burger. An Instagram video he posted, where he takes a bite of

Netflix has cut ties with Meghan Markle’s lifestyle brand, As Ever. A Netflix source said, "Her show did not go on so it did not make sense to continue the partnership," referring to Markle’s two-season series, "With Love, Meghan." A Netflix spokesperson added, "

Economists expect the US added 55,000 jobs in February and for the unemployment rate to hold at 4.3%. January showed a stronger gain of 130,000 jobs, but revisions revealed 2025 added just 181,000 jobs — the weakest annual growth outside a recession since 2003. The economy still

PEI Licensing, the company behind Original Penguin, filed a lawsuit in a Florida federal court on Wednesday accusing the NFT project Pudgy Penguins of trademark infringement, dilution and unfair competition. The complaint alleges the project is using a “family of penguin trademarks that are confusingly similar” to PEI’s marks

For years China's top students gravitated toward tech and finance, but that is changing. Tsinghua University reports the number of graduates entering manufacturing and energy rose 19.1% year over year for the class of 2025, and that share has grown for six consecutive years; the class of

Trump Always Chickens Out has saved Wall Street more than once in the president's second term. The TACO trade describes the market's relief rally after Trump backs off from aggressive policy. Marko Kolanovic, JPMorgan's former quant chief, said TACO won't get Wall

Costco CEO Ron Vachris said the company is committed to returning tariff refund value to members. "Regarding tariff refunds, it is not yet clear what the process will be, what refunds, if any, will be received, and when this will happen," Vachris said during the wholesale clubs'

Naoko Takeda, a data scientist at Block's Cash App for two years, wrote on LinkedIn that after more than 4,000 colleagues were laid off the company offered her roughly a 75% pay increase and a retention bonus. She said she quit "almost immediately," writing, "

Champagne reportedly flowed at Paramount Skydance headquarters late last week after the media conglomerate edged out Netflix to acquire the entirety of Warner Bros Discovery for a cool $110bn. On a call with analysts and investors, David Ellison, Paramount Skydance’s chief executive, said the company was “absolutely confident” the

A glossy Interview magazine profile of four junior Wall Street employees in designer clothes has gone viral, spawning memes and debate. The spread photographed four young finance workers — including 23-year-old Demarre Johnson, a PricewaterhouseCoopers data and AI consultant — alongside interviews about work hours, expensive purchases, and pieces of financial advice.

OpenAI appears to be backing away from handling bookings and other purchases directly inside ChatGPT, a change that sent shares of Booking.com and Expedia higher. TD Cowen analysts called the move a "stunning admission." The company had been testing integrated checkout features that let users book hotels

Fallout season two recently ended and, as one of Amazon's biggest hits, it seems unlikely season three will be far off. Player numbers doubled as a knock-on effect from season two's premiere, and the show has had an even bigger impact on game sales than first