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Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others think

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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

The head of the Iran-China Joint Chamber of Commerce said “the consequences of the blockade far outweigh those of a direct war.”

By Jason MaAugust 15, 2026
What Bessent’s economic isolation of Iran could look like
What Bessent’s economic isolation of Iran could look like
By Magdalena Del Valle and BloombergAugust 15, 2026
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
By Arsalan Shahla, Sara Gharaibeh, Catherine Lucey and BloombergAugust 15, 2026
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out
By Jason MaAugust 14, 2026
Hunt for AI-proof trades turns convenience shops into hot stocks
Hunt for AI-proof trades turns convenience shops into hot stocks
By Norah Rami and BloombergAugust 14, 2026
broker
A proposed clean-energy rule could shake up corporate America—and your portfolio
By Mike FeibusAugust 14, 2026
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Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
Economy
Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
By Jason MaAugust 15, 2026
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
Investing
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
By Alexandre Rajbhandari and BloombergAugust 15, 2026
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
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Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
By Lynn Doan and BloombergAugust 15, 2026
Jane Street lost $15 billion in its first down month in a decade
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Jane Street lost $15 billion in its first down month in a decade
By Katherine Doherty, Sridhar Natarajan, Laura Benitez and BloombergAugust 15, 2026
Anthropic revenue surges to over $11.5 billion in second quarter
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Anthropic revenue surges to over $11.5 billion in second quarter
By Bailey Lipschultz, Rachel Metz and BloombergAugust 15, 2026
Nasdaq IPO for SpaceX
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Boiler room raised $74 million selling retirees SpaceX, Anduril, Anthropic, and Perplexity while reaping ‘massive hidden fees,’ SEC claims
By Amanda GerutAugust 15, 2026
Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly
Politics
Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly
By Will Weissert and The Associated PressAugust 15, 2026
Trump pulls last aircraft carrier in Asia to send to Mideast, and China ‘is quite happy with U.S. distraction’ as Beijing shows signs of aggression
Asia
Trump pulls last aircraft carrier in Asia to send to Mideast, and China ‘is quite happy with U.S. distraction’ as Beijing shows signs of aggression
By Ben Finley, Didi Tang and The Associated PressAugust 15, 2026
More Energy
Current price of oil as of Aug. 14, 2026
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Current price of oil as of August 14, 2026
By Joseph HostetlerAugust 14, 2026
A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted
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Current price of oil as of Aug. 13, 2026
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Current price of oil as of August 13, 2026
By Joseph HostetlerAugust 13, 2026
The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci
Asia
The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci
By Angelica AngAugust 13, 2026
Bank of America logo sign is seen in Chicago, Illinois, United States.
Banking
BofA to plow $250 billion into critical infrastructure projects
By Bloomberg, Paula Seligson and Katherine DohertyAugust 12, 2026
A shopper browses an aisle of food items from a wholesale retailer in Alhambra, California on August 11, 2026
Economy
Inflation came in perfectly on forecast. Almost everything underneath it is a ‘mess’ as wages struggle to keep up
By Eva RoytburgAugust 12, 2026
Photo of Kevin Warsh
Economy
Wall Street futures rise ahead of inflation report as the Fed watches surging costs
By Elaine Kurtenbach, Michelle Chapman and The Associated PressAugust 12, 2026
Current price of oil as of Aug. 12, 2026
Personal Finance
Current price of oil as of August 12, 2026
By Joseph HostetlerAugust 12, 2026
The Gulf’s AI boom is driving the race to control the data highways
Middle East
The Gulf’s AI boom is driving the race to control the data highways
By Melissa HancockAugust 12, 2026
The Gulf wants to break free from the world’s data chokepoints
Newsletters
The Gulf wants to break free from the world’s data chokepoints
By Melissa HancockAugust 12, 2026
Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
Energy
Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream
By Jordan BlumAugust 12, 2026
Jellyfish lay on the shore near the Gravelines nuclear power plant in Gravelines, northern France.
Energy
Jellyfish swarms knock out 3.2 gigawatts of French nuclear power
By Bloomberg and Eamon Akil FarhatAugust 11, 2026
Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran.
Investing
U.S. stocks fall after Iran says Strait of Hormuz will remain shut
By Bloomberg, Norah Rami and Elena EisenstadtAugust 11, 2026
The Zollburg Pfalzgrafenstein, located in the middle of the Rhine, is surrounded by extremely low water levels.
Energy
Germany weighs options as low water levels trigger price surges
By Bloomberg and Kamil KowalczeAugust 11, 2026
A walker protects themselves from the sun on the scorched grass of Hyde Park, in central London.
Environment
‘Chronic’ heat risk in Europe draws warning from Swiss Re
By Bloomberg and Gautam NaikAugust 11, 2026
Photo of New York Stock Exchange
Energy
Oil prices reverse gains in Strait of Hormuz standoff as Wall Street inches up ahead of inflation numbers
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 11, 2026
Photo of Yemeni navy sailor patrolling
Politics
Houthi attacks in Yemen threaten new shipping crisis in Red Sea as Iran digs in on Hormuz demands
By The Associated PressAugust 11, 2026
Current price of oil as of Aug. 11, 2026
Personal Finance
Current price of oil as of August 11, 2026
By Joseph HostetlerAugust 11, 2026
Trump amps up pressure on billionaire Sargeant to exit Venezuela
Energy
Trump amps up pressure on billionaire Sargeant to exit Venezuela
By Patricia Garip and BloombergAugust 10, 2026
Photo of a solar farm in China
Energy
The world crossed a major solar milestone. No one noticed
By Akshat Rathi and BloombergAugust 10, 2026
t
Asia
Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’
By The Associated PressAugust 10, 2026
Current price of oil as of August 10, 2026
Personal Finance
Current price of oil as of August 10, 2026
By Joseph HostetlerAugust 10, 2026
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
Middle East
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
By Jason MaAugust 9, 2026
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Energy
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
Energy
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
By The Associated PressAugust 9, 2026
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
Energy
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
By Menelaos Hadjicostis and The Associated PressAugust 9, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
Energy
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Middle East
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
Environment
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026
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Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI's Sam Altman once said he 'doesn't care' what others thinkplaceholder alt text
By Orianna Rosa RoyleAugust 14, 2026
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Billionaire Home Depot cofounder Bernie Marcus' foundation donates nearly $30 million toward stem cell research for heart attacksplaceholder alt text
By Sydney LakeAugust 14, 2026
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People are going to extreme lengths to stop themselves from being filmed through Meta’s ‘pervert glasses’placeholder alt text
By Joshua HongAugust 14, 2026
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