Business Eleven ways to progress at work and avoid a 'dry promotion' There is nothing worse than feeling stuck in a job. Sow the seeds early and build to a promotion: nail your current role by meeting deadlines and targets, and be brave enough to push back if targets are unachievable. “You need to become the leader before you get the promotion,
Business Prolonged Mideast crisis could shut oil output itself Commercial ships are anchoring off the coast of the United Arab Emirates amid navigation disruptions in the Strait of Hormuz. US-Israel strikes on Iran threaten the waterway that carries about one-fifth of the worlds oil, and a prolonged closure could fill storage tanks and force Gulf producers to stop
Business Paramount changes 2025 bonus formula, sets individual multiplier at 100% Paramount Skydance told employees their year-end bonuses for 2025 and changed how those payouts will be calculated. The company said individual performance will not factor into next year’s Short Term Incentive Plan (STIP), a move that could reduce payouts for high performers. Previously, STIP awards were based on base
Business What market and economics experts say about the US-Iran conflict US and Israeli strikes against Iran roiled financial markets on Monday: oil prices surged, stocks were rattled, and safe havens moved as the conflict entered its third day. Top analysts warned the fallout could spill into the broader economy if the war drags on, though some see the overall economic
Business Nasdaq Files to Offer Binary Options on Nasdaq-100 Nasdaq MRX has filed with the US Securities and Exchange Commission to offer cash-settled, binary-style contracts tied to the Nasdaq-100 Index. The proposed “Outcome Related Options” would let traders place yes-or-no bets priced between 1 cent and $1, and would reference the Nasdaq-100 and Nasdaq-100 Micro indexes only — not events
Business Strait of Hormuz Shutdown Shakes Asian Energy Markets Tanker traffic through the Strait of Hormuz has effectively halted after US-Israeli strikes on Iran triggered retaliatory attacks, creating an unprecedented energy supply crisis that has hit Asian economies hardest. Japan and South Korea face the greatest risk because most of their fossil fuel imports transit the chokepoint. The cost
Business Halfbrick lays off staff amid challenging period for games industry Brisbane-based Halfbrick Studios, the Australian developer behind Fruit Ninja and Jetpack Joyride, has announced layoffs. The studio confirmed on LinkedIn last week that it was making changes to its team structure, including role redundancies in Australia and the conclusion of a number of engagements internationally. Halfbrick said the decision was
Business Wall Street’s Inflation Alarm From Iran — What It Means for Crypto Wall Street is warning that US-Israeli strikes on Iran have raised inflation risks, pushing Treasury yields to their biggest daily jump since October. Ten-year yields surged 10 basis points to 4.03% as oil spiked more than 6% after a near-total halt of tanker traffic through the Strait of Hormuz.
Business NYSE Tokenized Stocks Draw Attention From TD Securities TD Securities says tokenization may be nearing an institutional turning point following the New York Stock Exchange’s push into tokenized equities. Reid Noch, the bank’s vice president for electronic trading, pointed to the NYSE’s proposed tokenized equities alternative trading system as a key development with real implications
Business Dimon: 'I'd be angry, too,' but Trump's debanking suit has no merit JPMorgan CEO Jamie Dimon said he can see why President Donald Trump is upset about having his bank accounts closed, a central issue in the president's $5 billion lawsuit against the bank and Dimon himself. "I agree with them. They have the right to be angry. I&
Business Spiking oil prices could weigh on stocks and the economy Oil prices jumped after US strikes on Iran and subsequent retaliatory missile attacks, sending Brent up roughly 7% and triggering volatile trading in US markets as the S&P 500 and Nasdaq swung from losses to gains. Goldman Sachs analysts called the energy-market impact the primary influence the conflict
Business More memory price hikes may be coming as Samsung and SK Hynix notify customers South Korean outlet SEDaily says both Samsung and SK Hynix have notified their customers of another second-quarter DRAM price increase and are entering price negotiations. Smaller customers are "expected to accept significant price increases to secure DRAM supply". An "industry insider" told SEDaily: "Samsung Electronics’
Business Best things I buy at Dollar Tree after shopping there for 20 years I’ve been shopping at Dollar Tree for about 20 years and stick to the basics. The chain has raised prices to as much as $1.50 and added higher-priced premium items, which I rarely browse. I focus on low-cost essentials that still deliver value. I buy period products, gift
Business Oil’s $82 jump tested by dollar strength and OPEC supply rise Conflict in the Middle East pushed Brent crude futures to $82 this week, marking the widest shock in months. The breakout showed on CFD charts, but futures data from ICE Futures Europe confirmed that real traders entered the market, so the move reflects both geopolitical risk and active positioning. The
Business US firms tell Middle East staff to work from home amid Iran strikes US and Israeli strikes on Iran set off retaliatory attacks across several Gulf states over the weekend, and photos showed missiles streaking across Dubai's sky. Fallout from intercepted missiles caused fires and other problems, and Amazon Web Services said connectivity from one of its UAE data centers was
Business Shanghai Stocks Hit 10-Year High as Hong Kong Crypto ETFs Slide The Shanghai Composite closed up 0.5% at 4,182.6 points on March 2, its highest finish since June 2015, as investors rushed into energy, gold and defense shares after the Iran conflict. CNOOC, PetroChina and Sinopec climbed sharply following a big jump in oil prices, an index of
Business Four-Week Oil Shock Could Tighten Liquidity and Pressure Bitcoin Tensions around the Strait of Hormuz have pushed oil back to the center of market risk. President Trump said the conflict with Iran could last four weeks, and Polymarket flagged that Maersk has suspended all transit through the passage that handles roughly 20% of global crude. Tanker insurance costs have
Business Bitcoin, U.S. futures give up early gains as Iran conflict intensifies Bitcoin slipped back below $66,000 after touching a high near $67,000 in early Asian trading, while S&P 500 e‑mini futures reversed an early advance and fell to 6,790, down 1.4% from a session peak of 6,857. Oil prices continued to trade higher,
Business First home buyers drive 'up-crash' at cheaper end of market Desperate first home buyers are driving a fierce contest for the cheaper end of the market, pushing a so-called 'up-crash' in prices even as interest rates rise. Lauren Jones, a buyer’s agent, said inner-city one-bedroom units in Brisbane have been rising close to $20,000 each week,
Business US-Israel strikes on Iran disrupt global shipping, air cargo US and Israeli military strikes on Iran have disrupted global supply chains, affecting one of the world’s most critical trade corridors. Major shipping lines are rerouting vessels, suspending services, and adding war-risk fees, while closed Middle East airspace has crippled freight capacity and fractured flight networks. Peter Sand of
Business Oil could top $100 as insurers pull cover and Hormuz traffic stalls Oil could hit $100 a barrel if tanker traffic through the Strait of Hormuz is not restored after US and Israel's strikes on Iran. US West Texas Intermediate futures spiked as much as 12% at the open and Brent jumped 13%, with WTI later trading 4.8% higher
Business Trump Media Considers Spinning Out Truth Social Trump Media & Technology Group is discussing a plan to spin out its social platform, Truth Social, into a publicly traded company. The talks involve TAE Technologies and Texas Ventures Acquisition III, building on a December merger agreement with TAE valued at more than $6 billion. If completed, Truth Social
Business Oil surges and US futures fall after strikes on Iran Oil prices jumped and US stock futures slid as traders repositioned after the weekend attacks against Iran by the US and Israel. Brent crude spiked about 9% and WTI rose roughly 7% shortly after markets opened, later trading 4.7% and 4.2% higher at $76.27 and $69.82
Business Kalshi Founder Outlines Next Steps for 'Iran Leader Ousted By' Market Tarek Mansour, co-founder of prediction market Kalshi, said the platform voided some positions opened after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed. "We don’t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules
Business UAE Suspends Stock Trading Amid Iran Strikes UAE’s Capital Markets Authority shut both the Abu Dhabi (ADX) and Dubai Financial Market (DFM) stock exchanges for March 2–3 after Iran struck major ports and oil tankers across the Middle East. The ADX and DFM are the two primary equities exchanges in the United Arab Emirates, together
