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A series of attacks on oil tankers and a sudden halt at a major port have pushed crude prices above $90 per barrel, sending Dow Jones futures lower. The surge in oil costs is driving investors to worry about the impact on corporate earnings and inflation. Market watchers note that higher fuel prices

Cognizant Shares Take a Hit While the Market Holds Steady

The tech services firm Cognizant, worth about $30. 1 billion, is a big player in the IT industry. It helps large companies upgrade their technology and improve customer service, especially in finance, health care, and retail. The company is headquartered in New Jersey but has a worldwide workforce. ...

Crypto Markets Hold Steady as Inflation Grows

Inflation data released in February shows a modest uptick, matching what many economists had predicted. The consumer price index climbed overall by 0. 2 percent, with food prices up 0. 4 percent and energy surging 0. 6 percent. Housing costs added another 0. 2 percent, while a core measure that stri

crypto

Crypto Prices Swing as Middle East Tensions Rise

The fight between Iran, the United States and Israel is now a big factor in how people trade digital money. When news of attacks comes out, investors quickly move their money around and the value of Bitcoin can jump or fall a lot. When the fighting seemed to calm, Bitcoin rose close to $70, 000.

crypto

A Quiet Surge: Why Big Investors Are Buying Ethereum Now

Three major points emerge from the recent surge in institutional interest for Ethereum. First, a well‑known crypto trader used his firm to buy nearly 61, 000 ETH, adding about $120 million worth of the coin to his holdings. This move pushed the total amount owned by that firm past 4. 5 million ETH,

business

Gas Prices Soar as Middle East Tensions Spike

The market stayed calm on Wednesday, even though hostilities between Iran and Israel—along with strikes against U. S. allies—continued to flare. Traders around the globe kept a close eye on the Strait of Hormuz, a narrow channel that links the world’s top oil producers to buyers. This passage carrie

Inflation Stalls While Fuel Prices Soar Amid Tense Middle East

The U. S. inflation rate stayed flat in February, matching what economists had predicted. Prices climbed 2. 4 percent compared with a year earlier, leaving the rate unchanged from January and just above the Federal Reserve’s 2 percent goal. Fuel costs, however, jumped sharply as traders braced fo

Markets Face Turbulence as Oil Prices Rise and Global Events Stir Uncertainty

The U. S. stock market began the day without a clear direction, as futures traded sideways while oil prices edged up to about $90 per barrel. A highly anticipated drop in U. S. crude inventories did not lift investor mood, partly because tensions over shipping lanes in the Middle East continued to l

Oil Prices Drive Dow Down While Oracle Skips the Crowd

The day began with a clear signal from the energy sector: crude oil prices pushed higher, nudging investors to sell some of their holdings in the Dow. The index slipped by about 0. 5 percent, reflecting worries that rising fuel costs could squeeze corporate profits across many industries. Meanwhile

science

Professor Mike Benjamin’s Legacy in Connective Tissue Science