Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits
BANGKOK (AP) — Asian shares surged and oil prices slipped Wednesday after the U. S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran. Benchmarks jumped more than 3% in Tokyo and Seoul as shares in computer chipmakers and other AI-related companies advanced. Japan's Nikkei 225 gained 3. 7% to 66,300. 44, with chipmaker Kioxia surging 4. 6% while chip testing 8 3...
Read MoreWed, 05 Aug 2026
- Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits
- Trump says deal to reopen Strait of Hormuz could come as early as Wednesday
Tue, 04 Aug 2026
- SpaceX posts loss in first report as a public company but less than expected
- Chipotle pulls jalapeos from some restaurants as health officials investigate salmonella outbreak
- US stocks hit records as profits keep piling up for Palantir and others, while oil prices ease
- Utilitys idle transmission tower caused 2025 Eaton fire that killed 19, Los Angeles officials say
- Big oil companies continue to post banner profits as fighting in Iran drives prices higher
- US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran
- McDonalds posts strong second quarter profit, names new leader for US market
- Japans Toyota reports hefty profit on cheap yen and solid car sales
- 3 tricky decisions for every retirement plan
Mon, 03 Aug 2026
- 25 states sue over Trumps new tariffs, calling them pretext to replace his old ones
- WestJet reaches tentative deal with flight attendants after strike snarled weekend traffic
- Trump accounts were closed in 2021 due to concerns over possible money laundering, Capital One says
- As Blanches path to confirmation is cleared, Trumps tax audit immunity remains in place
- US stocks rally near a record as falling oil prices ease Wall Streets worries about inflation
- FAA certifies Boeings new 737 Max 7 jetliner for flight after years of delays
- US companies are stepping up to cut reliance on China for critical minerals used in key weapons
- Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency
- Spider-Man: Brand New Day beats Avengers: Endgame box office record
- Trump overhaul could gut Head Start preschool standards, leaving states to set the rules
- US dollar weakens sharply against the Japanese yen after market interventions
- Cyberattack hits Liechtensteins register of people behind companies and foundations
Sun, 02 Aug 2026
- Oil prices drop after Trump orders US forces to hold off on new strikes against Iran
- Flight attendants at Canadas WestJet go on strike in dispute over pay
Sat, 01 Aug 2026
- FBI investigates as Michigan joins Minnesota in reporting cyberattacks on its water systems
- Michigan Supreme Court rejects permit for Enbridge oil pipeline under Great Lakes
- Trump stands to profit off US policy announcements by selling fast access to his social media posts
- Trump wanted interest rate cuts to be Rocket Fuel for the economy. He is losing that fight so far
Fri, 31 Jul 2026
- US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
- FCC chairman defends actions against ABC, says broadcasters must operate in the public interest
- Trump administration pushes tougher English rules for Mexican train crews crossing into the US
- Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
- Immigration crackdown threatens Haitian caregivers and the seniors who rely on them
- Social media companies sued over deaths of four teens as pressure, lawsuits over child safety mount
- Tax returns show Californias Newsom earning between $1.7 million and $2 million annually
- New York sues prediction market platform Kalshi alleging illegal gambling operation
- Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
- As progressives seek to take on inequality, some cite religion as a motivating factor
- EU to crack down on AI deepfakes, illicit imagery and hacking with new team in Brussels
- Anthropic says its AI models hacked 3 organizations during testing
Thu, 30 Jul 2026
- Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
- WestJet flight attendants threaten to strike during long August weekend in Canada
- Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
- Strong iPhone sales propel Apples fiscal Q3 results past Wall Streets expectations
- Microsofts best day since 2008 leads US stocks, while inflation worries remain in the bond market
- Average 30-year US mortgage rate rises to highest level in a year at 6.66%
- Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
- US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
- US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
- Bank of England keeps key rate at 3.75% for the fifth time this year
- EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
- Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
- Samsung reports record profit as South Korean chip giants benefit from global AI boom
- 60 Minutes announces new slate of correspondents for upcoming season
Wed, 29 Jul 2026
- Starbucks reports strong quarterly sales across customer income levels and times of day
- Meta shares drop as Q2 profit declines due to legal expenses and severance costs
- Microsoft beats Wall Street expectations with $90B in revenue
- Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
- Fed leaves interest rate unchanged but with 3 dissents as Warsh praises good family fight
- Russia accuses Telegram CEO Pavel Durov of aiding terrorism in its latest digital crackdown
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