Business

Why Wall Street Loves Apple’s $1,999 iPhone

It’s rare for Apple’s stock to go up after announcing a new product. Bloomberg Opinion columnist Dave Lee explains why the company’s foldable iPhone is different. (Source: Bloomberg)

Apple’s iPhone Duo, New Watches, iPhone 18 Pro and AirPods 5: Everything to Know

Apple Inc. on Wednesday unveiled its first foldable iPhone, the $1,999-and-up iPhone Duo, finally entering a market segment that rivals such as Samsung Electronics Co., Alphabet Inc.’s Google and Huawei Technologies Co. have been dabbling…

Sensex tanks 813 points as crude spikes

Rupee Feels Heat Too, Slips To Over 95/$; Foreign Funds Sell

Iran and U.S. hit tankers in biggest wave of attacks on shipping since war began

The attacks sent the price of oil surging, with benchmark Brent crude futures breaching $100 a barrel for the first time since July.

Hero Motors targets $401 million valuation in India IPO

Home-insurance premiums just hit a record high. Here’s where they spiked the most.

Natural disasters — from hurricanes to storms to wildfires — are prompting insurers to rethink pricing as risks evolve.

Citadel Securities Urges SEC to Take Oversight of Some Wagers

Citadel Securities told regulators that prediction market contracts linked to publicly-traded companies should be overseen by the Securities and Exchange Commission instead of the agency that has taken responsibility for them so far, the…

Asian Stocks to Fall as Oil Stokes Inflation Fears: Markets Wrap

Asian stocks were poised to decline Thursday, tracking losses on Wall Street as surging oil prices and Treasury yields stoked inflation concerns ahead of key US price data. US oil extended its rally to an eighth straight session.

NFL Teams still 'undervalued,' says Jacksonville Jaguars owner Shad Khan

Jacksonville Jaguars owner Shad Khan says the price of an NFL team is still undervalued compared to other professional sports leagues.

Carney Woos Investors on Deals for Data Centers, Mines and LNG

Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars worth of projects spanning data centers, advanced manufacturing, liquefied natural gas, ports and dozens of mines.

Energy Transfer Switches Listing to Texas from NYSE, WSJ Says

Pipeline giant Energy Transfer LP plans to move its primary listing to the Texas Stock Exchange from the New York Stock Exchange, according to the Wall Street Journal, a major win for the upstart marketplace as it seeks to upend the…

Latest Oil Market News and Analysis for Sept. 10

Oil extended gains as Iran vowed it was prepared for a more intense war after hostilities flared across the Middle East, heightening concerns about deeper disruptions to energy flows through the Strait of Hormuz.