business news
U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
This photograph shows a page on the Marinetraffic website thats shows commercial ship traffic on the edge of the Strait of Hormuz near the Iranian coast on March 4, 2026. Julien De Rosa | Afp | Getty Images After slapping 25% “penalty” tariffs on India for buying Russian crude — revoked last month — the […]
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China dials down growth ambitions with decades-low target. Here’s why
A Chinese People’s Liberation Army (PLA) soldier stands guard in front of the National Museum of China in Beijing on March 3, 2025, ahead of the country’s annual legislative meetings known as the “Two Sessions.” Pedro Pardo | Afp | Getty Images China has set its lowest growth target in decades, acknowledging domestic challenges and […]
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Dow futures tick higher, but index heads for worst week since October on oil surge: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Dow futures inched up Thursday night after U.S. equities extended their sell-off this week amid the war in Iran and spiking oil prices. […]
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Justice Department publishes missing Epstein files involving uncorroborated claim about Trump
A sign showing a photo of US President Donald Trump and Jeffrey Epstein is displayed as US Senate Minority Leader Chuck Schumer, Democrat of New York, speaks during a press conference to announce oversight efforts on the files of convicted sex offender Jeffrey Epstein, at the US Capitol in Washington, DC, on February 26, 2026. […]
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Anthropic CEO says ‘no choice’ but to challenge Trump admin’s supply chain risk designation in court
Dario Amodei, co-founder and CEO of Anthropic, during a Bloomberg Television interview in San Francisco, Dec. 9, 2025. David Paul Morris | Bloomberg | Getty Images Anthropic CEO Dario Amodei confirmed that the U.S. government declared his company a supply chain risk on Thursday and said it has “no choice” but to challenge the designation […]
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Microsoft says its customers can still access Anthropic products after supply chain risk designation
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026 Sven Hoppe | Picture Alliance | Getty Images Microsoft said Thursday that it will keep startup Anthropic’s artificial intelligence technology embedded in its products for clients, excluding the U.S. Department of War. Earlier on Thursday, the federal […]
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Asia markets open lower, tracking Wall Street losses, as Iran conflict sends oil prices soaring
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent futures up 3.54% […]
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Noem firing doesn’t break DHS funding impasse, Democrats say
Kristi Noem speaks at the Sergeant Benevolent Association conference at the Grand Hyatt in Nashville, Tennessee, on March 5, 2026, shortly after President Donald Trump announced she would be replaced as Homeland Security secretary. Nicole Hester | Via Reuters President Donald Trump’s firing of Homeland Security Secretary Kristi Noem will not break the DHS funding […]
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ATMs are fighting for relevance — here’s how they’re keeping up in a digital economy
As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. As payments go digital and consumers migrate online, demand for branches and ATMs is shrinking — raising new questions about their place in a fully digital economy. For […]
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Morgan Stanley’s top tech banker: It’s ‘wartime, not peacetime’ for software
This year’s Morgan Stanley Tech, Media and Telecom conference lineup was stacked: Dario Amodei and Sam Altman (both in the middle of the Pentagon drama) Jensen Huang, Satya Nadella, and dozens of enterprise software CEOs trying to convince investors they’ll survive the AI reckoning. I spent a day on the ground covering it, and then […]
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