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Iran war: Hegseth says Tuesday 'will be our most intense day of strikes'
President Donald Trump on Monday had predicted that the war against Iran would be over "very soon," and warned that country against withholding oil afterward.
Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war
Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war.
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.
Elon Musk's SpaceX weighs Nasdaq listing after seeking early index entry, Reuters sources say
SpaceX wants early inclusion on the Nasdaq 100 index, making it a necessary condition for a potential listing on the tech-heavy exchange, Reuters sources said.
South Korea opposed to U.S. moving air defense systems in the country to Middle East: President Lee
Lee maintained that even if the assets were moved out of the country, its deterrence capability against North Korea will not be affected.
Vertex passes key test in quest to treat kidney diseases
Vertex Pharmaceuticals said its drug for a rare kidney condition succeeded in a Phase 3 trial.
FDA approves leucovorin as first drug for rare genetic disorder, after touting it as autism treatment
The move comes months after the Trump administration touted leucovorin as a potential therapy for a broader group of patients with autism symptoms.
Fabletics launches denim as the athleisure trade loses steam
Fabletics is launching a new denim assortment priced between $79.95 and $174.95 as the athleisure boom starts to slow down.
Boaz Weinstein warns of private credit’s 'financial alchemy,' says problems are multiplying by the quarter
Saba, alongside Cox Capital Management, launched a tender offer to purchase shares in one of Blue Owl's non-traded private credit funds at a 34.9% discount.
Iran defends strikes on Gulf neighbors — but they say trust is broken
Iran has defended its strikes against its Gulf countries but its neighbors say attacks have damaged trust for a long time.
How to profit from oil's decline after its historic spike
War-driven oil spikes have a habit of taking their sweet time coming back down to earth.
India's restaurants are under threat from the LPG supply crunch caused by the Iran war
Restaurants in India are facing closure as the government restricts the supply of LPG as cooking fuel, industry representatives tell CNBC.
Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit
Spirit Airlines is reversing course on pilot furloughs after aviators left in high numbers for rival airlines.
Bill Ackman's Pershing Square files for IPO on the NYSE
The planned listing would give public investors a stake in Ackman's investment platform, which oversees a concentrated portfolio of large-cap companies
Trump reiterates threat of a 'friendly takeover' of Cuba as fuel crisis deepens
The comments come less than a week after Trump suggested that his administration would turn its sights on Havana.
Identity theft can cost you during tax season: It's 'a terrible reverse lottery,' one victim says
Employment-related identity theft is on the rise. Victims may not find out until tax season.
Lego keeps beating the toy industry. Its secret weapon is not what you'd expect
Lego on Tuesday reported a 12% jump in revenue for fiscal year 2025 and reported consumer sales that far outpace the broader toy industry.
China exports sharply beat expectations in the first two months as trade surplus surges to highest on record
China typically combines January and February trade data to smooth distortions from the shifting Lunar New Year holiday.
Oil plunges 10% as Trump warns to hit Iran 'twenty times harder' if it blockades Strait of Hormuz
Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
Asia markets rebound as oil plunges after Trump signals Iran war might end 'soon'
Asia-Pacific markets rebounded from Monday's rout after oil prices fell and Wall Street bounced back.
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