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Brent oil closes at $100 after Iran's new supreme leader says Strait of Hormuz must remain closed
Strategists said oil prices were trading higher because there appears to be no end in sight to oil supply disruptions through the Strait of Hormuz.
Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as 'militarily possible,' Bessent tells Sky News
The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel.
Fed chair pick Kevin Warsh meets with more senators as Thom Tillis blockade continues
Sen. Tillis vows to vote against sending Kevin Warsh's nomination as Federal Reserve chair to the full Senate as a criminal probe of Jerome Powell is pending.
Markets hopes for Fed interest rate cuts are rapidly fading away
As both energy prices and inflation fears pop higher, expectations for cuts are sliding lower.
Housing affordability bill clears Senate as investor ban creates headaches
The Senate passed the bill 89-10, but House lawmakers say more changes are needed before it could go to President Donald Trump's desk.
Trump administration has scaled back oversight of student loan servicers, congressional watchdog finds
The Department of Education has scaled back its oversight of student loan servicers, a new report from the nonpartisan Government Accountability Office finds.
Iran Supreme Leader Mojtaba Khamenei has verified account on X, Elon Musk's platform
The newly created account was busy posting on Thursday, its first day being active on the X social media platform.
This company bought back stock in last month's software rout. It was a good move
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.