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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’s 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 smiles during a speech
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 91 of 100
Happy trader
Finance‘You better go out and buy stock now,’ Trump said. Markets listened
By Irina IvanovaMay 8, 2025
  • The CEO of Kraft Heinz is focusing on ‘core innovation’ as he tries to win over a pinched consumer in a tough year ahead
    LeadershipThe CEO of Kraft Heinz is focusing on ‘core innovation’ as he tries to win over a pinched consumer in a tough year ahead
    By Azure GilmanMay 1, 2025
ConocoPhillips CEO Ryan Lance speaks while seated on stage at an energy conference in Houston.
FeaturesAs the oil industry freezes up, ConocoPhillips CEO warns against cutting production too fast: ‘Don’t whipsaw this thing too hard right now’
By Jordan BlumMay 8, 2025
Trump calls Fed Chairman Powell a ‘fool’ but despite relentless attacks, he may be keeping him around for one key reason
EconomyTrump calls Fed Chairman Powell a ‘fool’ but despite relentless attacks, he may be keeping him around for one key reason
By Marco Quiroz-GutierrezMay 8, 2025
gold bars
EconomyGold holds drop as Powell says Fed in no hurry to adjust rates
By Yvonne Yue Li and BloombergMay 7, 2025
Alexander Lacik stands over a display case and has a group of people around him, listening to him speak.
RetailPandora CEO says producing jewelry in America ‘simply won’t work’: ‘I can’t find that amount of talent that actually has this craft experience in the U.S.’
By Sasha RogelbergMay 7, 2025
Scott Bessent in a crowd
PoliticsU.S. and China officials agree on first high-level trade talks since Trump announced tariffs
By Zeke Miller, Fatima Hussein, Didi Tang and The Associated PressMay 7, 2025
  • A worker is shown installing utility-scale solar panels in Nevada under the sun.
    EnvironmentTop US solar firm sees stock plunge after big guidance drop from ‘significant challenges’ of Trump tariffs
    By Jordan BlumApril 30, 2025
A car dealer shows prospective buyers a Toyota truck in a dealership lot.
RetailAmericans rushing to buy cars might get stuck with high interest rates and bad loan terms
By Sasha RogelbergMay 7, 2025
new graduate with head down sitting on stairs
EconomyU.S. student loan rate set to be 6.39%, extending borrower squeeze
By Claire Ballentine and BloombergMay 6, 2025
A cargo ship carrying foreign trade containers in China
EconomyTrump’s tariffs have reportedly caused an up to 50% plummet in exports at some ports, and goods expected to arrive in the next month ‘simply won’t’
By Paolo ConfinoMay 6, 2025
U.K., India seal trade deal amid fallout of Trump tariff wars
EconomyU.K., India seal trade deal amid fallout of Trump tariff wars
By Shruti Srivastava, Joe Mayes and BloombergMay 6, 2025
Traders on the NYSE floor
FinanceStocks sink as AI mania dies down and companies scrub their forecasts due to economic uncertainty
By Stan Choe and The Associated PressMay 6, 2025
  • Stocks close mixed on news of GDP decline, recession fears grow
    FinanceStocks close mixed on news of GDP decline, recession fears grow
    By Alicia AdamczykApril 30, 2025
Shipping containers in port of Los Angeles
EconomyU.S. trade deficit widens to a record on pre-tariff drug imports
By Mark Niquette and BloombergMay 6, 2025
Donald Trump, walking on grass, points his index finger in the air.
EconomyTrump’s 100% movie tariff could backfire and trigger the ‘biggest risk’ for U.S. studios, analyst warns
By Sasha RogelbergMay 5, 2025
Treasury secretary touts ‘golden age economy’ in Milken speech but says little on tariffs
FinanceTreasury secretary touts ‘golden age economy’ in Milken speech but says little on tariffs
By Jeff John RobertsMay 5, 2025
First-year baby expenses already top $20,000, and tariffs are adding to the bill as China dominates key imports
EconomyFirst-year baby expenses already top $20,000, and tariffs are adding to the bill as China dominates key imports
By Jason MaMay 5, 2025
Meet the man Warren Buffett trusts with his $1.2 trillion empire
NewslettersMeet the man Warren Buffett trusts with his $1.2 trillion empire
By Ruth Umoh and Lily Mae LazarusMay 5, 2025
Map shows the top North American shale oil and gas basins
FeaturesAs the mighty Permian Basin slows, Canada stands to rise in the shale oil and gas world
By Jordan BlumMay 5, 2025
Trump pushes back on recession warnings: ‘the good parts are the Trump economy and the bad parts are the Biden economy’
EconomyTrump pushes back on recession warnings: ‘the good parts are the Trump economy and the bad parts are the Biden economy’
By Aamer Madhani and The Associated PressMay 4, 2025
Berkshire Hathaway CEO Warren Buffett at the 'Becoming Warren Buffett' World Premiere
EconomyBuffett warned about trade deficits in a 2003 Fortune op-ed and proposed ‘import certificates’ but says trade should not be a weapon
By Stuart DyosMay 3, 2025
OPEC+ agrees to another supply surge in June to deepen oil rout
EconomyOPEC+ agrees to another supply surge in June to deepen oil rout
By Grant Smith, Salma El Wardany, Nayla Razzouk and BloombergMay 3, 2025
Stocks climb back to ‘Liberation Day’ levels after surprise jobs report
EconomyStocks climb back to ‘Liberation Day’ levels after surprise jobs report
By Ben WeissMay 2, 2025
A picture of people milling about and talking with recruiters at a job fair with a "Now Hiring" sign in the background.
FinanceTrump got a strong jobs report, but not in the way he necessarily wanted
By Greg McKennaMay 2, 2025
Donald Trump at podium
PoliticsTrump’s 2026 budget claws back $163 billion in domestic spending while boosting national security
By Lisa Mascaro, Josh Boak and The Associated PressMay 2, 2025
Howard Lutnick
SuccessU.S. Secretary of Commerce says the ‘new model’ is factory jobs for life—for you, your kids, and your grandkids
By Emma BurleighMay 2, 2025
Warren Buffett could finally address Trump’s tariffs at Berkshire Hathaway’s annual meeting. Here’s how to watch for free – and without cable.
FinanceWarren Buffett could finally address Trump’s tariffs at Berkshire Hathaway’s annual meeting. Here’s how to watch for free – and without cable.
By Chris MorrisMay 2, 2025
Sign reads: "The comeback starts soon! Now hiring"
EconomyEmployers hired steadily in April, unfazed by tariff announcements
By Irina IvanovaMay 2, 2025
Japanese Prime Minister Ishiba Shigeru attends a join press conference with NATO Secretary General Mark Rutte (not pictured) at the premier's office in Tokyo on April 9, 2025.
PoliticsJapan prepared to use its role as America’s largest creditor as leverage in Trump trade talks
By Christiaan HetznerMay 2, 2025
The Hill and Valley Forum
EconomyInside Washington’s tech summit, Silicon Valley’s elite gently make the case for skilled immigration to keep an edge in the AI arms race
By Paolo ConfinoMay 2, 2025
Trader in a red suit
FinanceStocks close higher as tech giants report profits and expansion plans
By Irina IvanovaMay 1, 2025
A McDonald's worker scoops fries into a container.
RetailMcDonald’s CEO warns the fast-food giant is ‘not immune’ to economic volatility after worst sales slump since 2020
By Sasha RogelbergMay 1, 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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