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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
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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
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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 89 of 100
Jensen Huang spreads his hands over a display of giant computer chips as he gives a speech.
FinanceNvidia manages sales beat despite China restrictions hanging over AI chip giant
By Greg McKennaMay 28, 2025
  • Atlanta Fed President Raphael Bostic
    EconomyFed’s Bostic sees one rate cut in 2025 because it will take 6 months to assess tariffs’ economic impact
    By Paolo ConfinoMay 19, 2025
Markets dip as Federal Reserve worries economy faces ‘difficult tradeoffs’
EconomyMarkets dip as Federal Reserve worries economy faces ‘difficult tradeoffs’
By Ben WeissMay 28, 2025
woman buying something online
EconomyAbout 73% of Americans doing at least OK in Fed survey
By Jonnelle Marte and BloombergMay 28, 2025
President Donald J. Trump greets Tesla CEO Elon Musk
EconomyElon Musk says he’s ‘disappointed’ in Trump’s new spending bill because it ‘undermines the work that the DOGE team is doing’
By Eleanor PringleMay 28, 2025
Stocks surge upward after Trump delays EU tariffs
FinanceStocks surge upward after Trump delays EU tariffs
By Irina IvanovaMay 27, 2025
Photo of Marc Benioff
TechSalesforce just dropped $8 billion on Informatica. Here’s why it’s key to Marc Benioff’s ambitious bet on AI agents
By Greg McKennaMay 27, 2025
  • How smart CMOs are turning marketing into a launchpad to the corner office
    NewslettersHow smart CMOs are turning marketing into a launchpad to the corner office
    By Ruth UmohMay 19, 2025
US President Donald Trump walks to speak to journalists before boarding Air Force One from Morristown Municipal Airport in Morristown, New Jersey, May 25, 2025
EconomyWall Street’s massive swings signal investors are now ‘too optimistic’ about Trump’s tariff agenda, warns UBS
By Eleanor PringleMay 27, 2025
Portrait of NRG Energy chairman, President and CEO Larry Coben.
LeadershipNRG CEO Larry Coben rides the power wave as the top performing stock in the S&P 500 for 2025
By Jordan BlumMay 27, 2025
European Commission President Ursula von der Leyen arrives for a press photo prior to a meeting with Petr Pavel, President of the Czech Republic at the EU headquarters on May 20, 2025 in Brussels.
EconomyEU plans to ‘fast track’ trade talks with US amid tariff fight
By Jorge Valero and BloombergMay 26, 2025
Treasury Secretary Scott Bessent
EconomyU.S. economy will be growing faster than 3% this time next year, predicts Treasury’s Bessent 
By Christiaan HetznerMay 26, 2025
Japan signals intent to reach US tariff deal by G-7 in June
PoliticsJapan signals intent to reach US tariff deal by G-7 in June
By Toru Fujioka and BloombergMay 24, 2025
  • ‘A big missing part of the story’ — Rust Belt vs. Sun Belt in the battle for U.S. manufacturing jobs
    Economy‘A big missing part of the story’ — Rust Belt vs. Sun Belt in the battle for U.S. manufacturing jobs
    By Jason MaMay 17, 2025
Markets dip after Trump threatens tariffs against Europe and Apple, sinking the iPhone maker’s stock by 3%
EconomyMarkets dip after Trump threatens tariffs against Europe and Apple, sinking the iPhone maker’s stock by 3%
By Ben WeissMay 23, 2025
A man holding the handles of two suitcases looks intently at something as people move through a crowded JFK International Airport.
EconomyU.S. could lose $23 billion in GDP and 230,000 jobs if foreign tourists stay away, study says
By Greg McKennaMay 23, 2025
Donald Trump, speaking into a microphone, holds up a poster listing reciprocal tariffs.
EconomyWells Fargo warns Trump’s tariffs won’t bring back American manufacturing jobs, which will need a minimum $2.9 trillion investment to regain peak
By Sasha RogelbergMay 23, 2025
Rep. Nancy Pelosi (D-CA) speaks during a rally opposing House Republicans Tax Proposal prior to the final House Vote on Capitol Hill on May 21, 2025 in Washington, DC
EconomyTrump’s ‘Robin Hood in reverse’ tax bill is driving up the cost of buying a home, Democrats say
By Christiaan HetznerMay 23, 2025
A line graph with illustrated hands pointing down and up
EconomyA new book makes the case for putting money supply at the center of the U.S. economy and re-empowering commercial banks
By Shawn TullyMay 23, 2025
Real estate broker Susan Chen speaks with potential home buyer Hector Camacho outside of a open house in Valley Stream, New York, on May 4, 2023.
FinanceYields just hit peak housing bubble levels. Get ready for a world of higher borrowing costs
By Greg McKennaMay 23, 2025
Man laughing at computer
Finance‘Buy the dip’? You’re twice as likely to do that if you’re a man
By Irina IvanovaMay 23, 2025
US Federal Reserve Board Chairman Jerome Powell pauses during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025.
PoliticsSupreme Court gives Trump unprecedented power to fire regulators—except Federal Reserve Chair Jerome Powell
By Amanda GerutMay 22, 2025
trader
FinanceStocks swing to a flat close as bond yields spike on U.S. debt worries
By Irina IvanovaMay 22, 2025
Jamie Dimon lifts his right hand as he speaks.
FinanceJPMorgan launches ‘lean and mean’ geopolitics arm as Jamie Dimon warns of changing world order
By Greg McKennaMay 22, 2025
GE Vernova CEO Scott Strazik and others from the GE family celebrate the New York Stock Exchange listing by ringing the bell and applauding.
InvestingWhy GE Vernova’s stock is power surging after just one year of existence
By Alexander C. KaufmanMay 22, 2025
Paul Singer sits during a conference panel.
InvestingPhillips 66 and Elliott’s contentious proxy battle ends in split vote over fight to break up energy giant
By Jordan BlumMay 21, 2025
CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending
PoliticsCBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending
By Lisa Mascaro, Kevin Freking, Leah Askarinam, Joey Cappelletti and The Associated PressMay 21, 2025
Trump implores GOP to support his ‘One Big Beautiful Bill Act’ but holdouts say ‘no’: ‘We’re still a long ways away’
PoliticsTrump implores GOP to support his ‘One Big Beautiful Bill Act’ but holdouts say ‘no’: ‘We’re still a long ways away’
By Lisa Mascaro, Kevin Freking, Leah Askarinam, Joey Cappelletti and The Associated PressMay 21, 2025
Sebastian Siemiatkowski, wearing a yellow shirt, talks into a microphone.
FinanceAs BNPL giant Klarna signs on more customers, more could struggle to repay loans in a slowing economy
By Greg McKennaMay 21, 2025
Bridgewater Associates founder Ray Dalio
FinanceRay Dalio says the risks from U.S. credit downgrade ‘are greater than the rating agencies are conveying’
By Paolo ConfinoMay 20, 2025
House Ways and Means Committee member Rep. Mike Kelly (R-PA) covers his face with his hands as Rep. Adrian Smith (R-NE) sits next to him at a markup hearing in the Longworth House Building on Capitol Hill on May 13, 2025 in Washington, DC.
FinanceThe first U.S. credit downgrade triggered a ‘flight to quality.’ Will the latest cut from Moody’s do the same? 
By Greg McKennaMay 20, 2025
Top economist El-Erian says tariffs have put the era of U.S. exceptionalism ‘on pause’
EconomyTop economist El-Erian says tariffs have put the era of U.S. exceptionalism ‘on pause’
By Marco Quiroz-GutierrezMay 19, 2025
Shigeru Ishiba, Japan's prime minister and president of the Liberal Democratic Party (LDP), speaks during the party's annual convention in Tokyo, Japan.
EconomyUncle Sam’s biggest creditor faces a fiscal crisis ‘worse than Greece’ as its borrowing costs hit 20-year high 
By Christiaan HetznerMay 19, 2025
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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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