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Washington has now offered two explanations of who controls Ukraine's access to satellite internet, and a third version comes from sources inside government. The question matters because Ukraine's military relies on the service for communications and for early warning of Russian missile launches.
President Donald Trump has a proposal for the growing backlash against data centers: pay the neighbors. In a Truth Social post on Wednesday, he told operators to "MAKE DEALS" with local communities, arguing that projects that were unpopular became popular once money changed hands. …
Two earnings reports drove the early action in US trading on Wednesday. SpaceX, the rocket and satellite company run by Elon Musk, rose 9% before the open after reporting that revenue grew 161% in the third quarter. Musk also said SpaceX and Tesla have …
The bond market paused on Wednesday morning. The 10-year Treasury yield, the benchmark for mortgages, auto loans and credit cards, held at 5.1211%. The 2-year yield, which tracks expectations for Fed policy closely, stayed at 4.7889%, and the 30-year, often sensitive to geopolitical news, …
Washington is pairing two moves this week. On Tuesday, US officials met Ukrainian President Volodymyr Zelenskiy in Oslo, alongside the leaders of Norway and Finland and representatives of European governments and NATO. On Wednesday, envoy Steve Witkoff is due to meet Russian President Vladimir …
Brent crude futures fell about 1% to nearly USD 108 a barrel on Tuesday, retreating from five-month highs reached earlier in the week. The decline followed an unconfirmed report that Qatar and Pakistan had presented a new proposal aimed at reviving negotiations involving Iran. …
The Dow Jones Industrial Average rose on Tuesday as a run of upbeat earnings reports and a drop in oil prices overshadowed recent pressure on artificial intelligence related stocks. The blue-chip index gained 514 points, or 1%. The S&P 500 added 0.4%, and the …
Gasoline futures fell 2.86% to USD 3.10 per gallon on Tuesday. The contract is down 10.59% over the past month but remains up 69.70% from a year ago.
Gold edged lower to about USD 4,118 an ounce on Tuesday, falling 0.55%. Rising oil prices stoked inflation concerns ahead of the Federal Reserve meeting next week. A policy that tightens to fight inflation raises the opportunity cost of holding gold, which pays no …
Heating oil futures rose 1.15% to USD 4.98 per gallon on Tuesday. The contract is up 1.83% over the past month and 125.73% over the past year, a far larger gain than crude has recorded.
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