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Economy

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Oil is back to early war days, S&P 500 jumps to all-time high

The Dow Jones Industrial Average surged as many as 1,100 points before paring its gain to 868, or 1.8%. The Nasdaq composite climbed 1.5%.

By Stan Choe and The Associated PressApril 17, 2026
Photo of Donald Trump (left) and Pete Hegseth (right)
Something is different about Trump’s $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says
By Sasha RogelbergApril 17, 2026
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
By Jason MaApril 17, 2026
chris lehane
OpenAI policy chief says AI companies ‘need to do a much better job’ talking about AI as industry leaders face personal attacks
By Jake AngeloApril 17, 2026
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
By Tristan BoveApril 17, 2026
trump
Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now
By Jordan BlumApril 17, 2026
Latest Stories
dario
AIWhite House chief of staff to meet with Anthropic CEO about dangerous new Mythos model, official says
By Josh Boak, Matt O'Brien and The Associated PressApril 17, 2026
Huel Shake Review (2026): Expert Approved
HealthHuel Shake Review (2026): Expert Approved
By Emily PharesApril 17, 2026
Exclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
Arts & EntertainmentExclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
By Catherina GioinoApril 17, 2026
Tether CEO Paolo Ardoino
CryptoTether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
By Jack KubinecApril 17, 2026
Karen Carter
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsApril 17, 2026
trump
EnergyTrump says Iran to suspend nuclear program, won’t get funds
By Kate Sullivan and BloombergApril 17, 2026
Business colleagues meeting in modern conference room
Workplace CultureThe power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage
By Marco Quiroz-GutierrezApril 17, 2026
A woman taking a picture of the Statue of Liberty.
EconomyTourism had a record-breaking 2025 everywhere but the U.S., report finds, as international visitor numbers plummet by the millions
By Tristan BoveApril 17, 2026
More EconomyPage 15 of 100
Warsaw skyline at sunset
EconomyFrom rationed sugar to $1 trillion: How Poland became Europe’s economic miracle
By The Associated Press and Claudia CiobanuMarch 16, 2026
  • andrew yang
    AIEx-presidential candidate Andrew Yang says it’s time to ‘stop taxing labor’ and make AI foot the bill instead
    By Jake AngeloMarch 13, 2026
Lines at airport security
Politics‘Air travel is the political football:’ Airline CEOs pen letter to Congress to fund aviation workers: ‘Air travel is the political football’
By The Associated Press and Anne D'InnocenzioMarch 16, 2026
President Donald Trump, his mouth agape on Air Force One.
PoliticsTrump Administration races to rebuild tariff revenue after Supreme Court setback
By The Associated Press and Christopher RugaberMarch 16, 2026
Strikers holding signs against JBS beef meatpacking
LawA raw deal: 3,800 Colorado meatpackers stage first beef plant strike in 40 years at one of the largest meatpacking plants in U.S.
By The Associated PressMarch 16, 2026
offices
CommentaryThe ‘average rent’ mirage: why we need better numbers to understand urban economics
By Stijn Van Nieuwerburgh and Wayne YuMarch 16, 2026
Nordstrom’s ‘glow-up’: How going private is helping the retailer thrive as Saks Global languishes
C-SuiteNordstrom’s ‘glow-up’: How going private is helping the retailer thrive as Saks Global languishes
By Phil WahbaMarch 16, 2026
  • A man with a grocery cart peruses a dairy aisle in Costco.
    LawAmericans are demanding refunds from the $180 billion in tariffs they paid for, and they’re suing companies like Costco to make it happen
    By Sasha RogelbergMarch 13, 2026
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC
EconomyThis week is Jerome Powell’s penultimate meeting as chairman of the Fed—don’t expect him to drop Wall Street many hints
By Eleanor PringleMarch 16, 2026
Photo: Donald Trump
EnergyWith Iran still in control of Hormuz, Trump threatens NATO and oil hits $106
By Jim EdwardsMarch 16, 2026
Asia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs
EconomyAsia scrambles to respond to Trump’s sweeping Section 301 trade probes, which could pave the way for new tariffs
By Angelica AngMarch 16, 2026
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
EnergyDespite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
By Jason MaMarch 15, 2026
China’s power ‘supergrid’ gives Xi buffer against energy shocks
EnergyChina’s power ‘supergrid’ gives Xi buffer against energy shocks
By BloombergMarch 15, 2026
  • photo of stage at conference
    CryptoFlagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
    By Carlos GarciaMarch 13, 2026
An OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores
AIAn OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores
By Jason MaMarch 15, 2026
Iran supertanker pushes through strait for China
EnergyIran supertanker pushes through strait for China
By Prejula Prem and BloombergMarch 15, 2026
U.S. energy chief signals Iran war may last several more weeks
EnergyU.S. energy chief signals Iran war may last several more weeks
By Jen Judson and BloombergMarch 15, 2026
Bessent leads U.S. talks with China ahead of Trump-Xi summit as Iran and trade war loom over ‘big year’ for bilateral ties
EconomyBessent leads U.S. talks with China ahead of Trump-Xi summit as Iran and trade war loom over ‘big year’ for bilateral ties
By The Associated PressMarch 15, 2026
chepovoi
Commentary75% of resumes never reach a human: the new rules of job searching in the AI era
By Alex ChepovoiMarch 15, 2026
After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags
PoliticsAfter 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags
By Catherina GioinoMarch 15, 2026
Women enjoying the view of the mountains at Zion
EconomyGetting Americans outside added 5 million jobs and $1.3 trillion to the economy in 2024, before staffing and budget cuts came for national parks
By Tristan BoveMarch 15, 2026
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
Energy‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
By Jason MaMarch 14, 2026
Trump calls for countries to send warships to reopen Hormuz
EnergyTrump calls for countries to send warships to reopen Hormuz
By Arsalan Shahla and BloombergMarch 14, 2026
Trump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
EconomyTrump seeks to close a $1.6 trillion revenue gap with new tariffs that will be easier for people to challenge
By Christopher Rugaber and The Associated PressMarch 14, 2026
Jet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
EnergyJet fuel prices are rising as oil spikes on Iran war. Airlines are already announcing fare increases or fuel surcharges
By Rio Yamat and The Associated PressMarch 14, 2026
U.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
EnergyU.S. lifts sanctions on Russian oil already loaded onto tankers, equal to 5-6 days’ worth of normal shipments through the Strait of Hormuz
By David McHugh and The Associated PressMarch 14, 2026
vivek
CommentaryThe U.S. is winning the AI chatbot war — and losing the one that actually matters
By Vivek RanadiveMarch 14, 2026
dalio
CommentaryRay Dalio: I’ve studied 500 years of history and fear we’re entering the most dangerous phase of the ‘Big Cycle’
By Ray DalioMarch 14, 2026
powell
CommentaryYes, companies can stay profitable without raising prices — here’s how
By Jerry HaarMarch 14, 2026
Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
EnergySkyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
U.S. officials have discussed trading oil futures, Burgum says
EnergyU.S. officials have discussed trading oil futures, Burgum says
By Jennifer A. Dlouhy, Tyler Kendall and BloombergMarch 13, 2026
All 6 crew members on KC-135 refueling plane that crashed in Iraq are dead, bringing U.S. death toll to at least 13 service members
PoliticsAll 6 crew members on KC-135 refueling plane that crashed in Iraq are dead, bringing U.S. death toll to at least 13 service members
By Konstantin Toropin, Ben Finley, Kim Tong-Hyung and The Associated PressMarch 13, 2026
U.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns 
EconomyU.S. debt is like a Hallmark movie boyfriend who eventually gets dumped for a small town firefighter, budget watchdog warns 
By Jason MaMarch 13, 2026
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Success
Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaireplaceholder alt text
By Preston ForeApril 17, 2026
Economy
A world going broke: IMF says America's $39 trillion national debt is actually a global problem—and AI may be the only rescueplaceholder alt text
By Nick LichtenbergApril 16, 2026
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend itplaceholder alt text
By Sydney LakeApril 15, 2026
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