Current price of oil as of September 4, 2026
At 9 a.m. Eastern Time today, oil was priced at $96.90 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a drop…
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Who runs the labor market? Women accounted for 98% of U.S. job gains in August
Who runs the world—or the U.S. labor market—in August? Girls. Recommended Video Women accounted for almost every job added to the U.S. economy in August, an extraordinary statistic within a…
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Top sovereign wealth fund may dump $80 billion in Treasury bonds — and load up on other types of U.S. debt with more risk
Norges Bank Investment Management, the world’s biggest sovereign wealth fund with $2.3 trillion in assets, proposed reshuffling its U.S. debt holdings away from Treasuries. Recommended Video In a letter to…
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Bitcoin is trading more like an ‘amplified version of gold’ again, but the four-year cycle theory threatens further declines
Bitcoin hit a multi-month high this week thanks in part to investors fleeing volatility and treating the largest cryptocurrency like a safe haven again. Recommended Video From early June, the…
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Genghis Khan got lucky with the weather. Mark Zuckerberg was lucky too, says the Pulitzer-winning author of ‘Guns, Germs, and Steel’
At 88, Jared Diamond has metal spikes installed in front of his house. He put them there, he told Fortune, to protect against angry anthropologists. Recommended Video “Half of anthropologists…
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The overlooked Russia-Ukraine war grows its outsized impact on energy as U.S. diesel prices hit all-time high
The world’s attention remains fixated on Iran and the Strait of Hormuz, but the four-year slog of Russia’s war in Ukraine continues to have an outsized impact on global energy…
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Job seekers are waiting for the ‘September Surge.’ Economists say there’s something behind the hype and explain why it’s a good time to apply
The old rule says you’re supposed to stop wearing white after Labor Day. For job seekers who spent the summer sending resumes into the void, there’s another piece of September…
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Trump says ‘stupidity causes inflation’ and threatens to stop trade with foreign countries in retaliation for higher interest rates
President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday’s surprisingly positive jobs report ultimately provoked frustration from Trump. Recommended Video The…
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After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with ‘higher economic cost’ in new escalation that could transform the war
President Donald Trump has downplayed his war on Iran as “small potatoes,” but those potatoes are getting bigger as both sides are escalating beyond their stalemate in the Strait of…
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‘Chuck it in the fire.’ A leading candidate in France’s presidential race has a simple solution to its massive national debt: just cancel it
Unlike in the U.S., candidates in France’s election have actually focused on how to tackle the national debt, as a new president is due to take charge of the eurozone’s…
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