Brent and U.S. crude futures were trading slightly higher Friday as the markets try to settle on a price that balances demand and war fears.
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Oil is struggling this week but could be primed for a near-term bounce, analysts say
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Why the end of ‘de minimis’ can hurt consumers — especially lower-income ones
Containers are loaded and unloaded at Port Jersey Container Terminal in New Jersey, on May 1, 2025. Mostafa Bassim/Anadolu via Getty Images The Trump administration is scrapping the “de minimis” rule on Friday, a move likely to raise prices for consumers who buy inexpensive goods online and that may trigger near-term shortages for certain items, […]
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Microsoft starts testing AI model that could escalate competition with OpenAI
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder | Bloomberg | Getty Images Microsoft has largely relied on OpenAI’s artificial intelligence models to power AI features in its key products. It’s trying to lessen […]
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S&P 500 rises to record as Nvidia results validate AI boom: Live updates
Traders work on the floor of the New York Stock Exchange on July 30, 2025. Spencer Platt | Getty Images The S&P 500 reached new heights on Thursday as traders pored over Nvidia’s earnings results and forecast. Investors largely looked at the numbers as affirming the AI boom. The broad market index was last 0.2% […]
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