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Oil prices rise amid Iran war turmoil

NEW YORK — Oil prices climbed Monday following the latest rise of tensions between the United States and Iran, but the moves were more modest than they were earlier in the war. U.S. stocks, meanwhile, gave back a bit of their record-breaking rally. The S&P 500 slipped 0.2% from its all-time high for just its second drop in 14 days after the United States seized an Iranian-flagged cargo vessel that it said had tried to evade its blockade of Iranian ports. The Dow Jones Industrial Average dipped 4 points, or less than 0.1%, and the Nasdaq composite fell 0.3%. The price for a barrel ...

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French prosecutors summon Elon Musk Elon Musk has been summoned to Paris as part of an investigation into alleged misconduct on the social media platform X. French authorities are looking into the spread of child sexual abuse material and deepfake content. Musk and former X CEO Linda Yaccarino have been invited for voluntary interviews. It’s unclear if they will attend. The investigation is still ongoing after a search at X’s French premises in February. French prosecutors have alerted U.S. authorities, but the Justice Department reportedly declined to assist. Reporters Without ...

McCartney’s celebration not limited to just a single year

McCartney’s is not limiting its celebration to a single year. McCartney’s is intentionally stretching the celebration across two years to reflect the depth of its history and the many people who have been part of the journey. Throughout 2026 and 2027, the company will share stories from ...

Oil prices drop 9 percent as Street rallies to record

NEW YORK — Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian Gulf to customers worldwide. The S&P 500 leaped 1.2% to an all-time high and closed out a third straight week of big gains, its longest streak since Halloween. A freer flow of oil could take pressure off prices not only for gasoline but also for groceries and all kinds of other products that get moved by vehicles. It could even ultimately help ...

Jury finds Ticketmaster, Live Nation had monopoly

NEW YORK — A jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of U.S. states and the District of Columbia. A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a business that dominates live entertainment in the U.S. and beyond. “It’s a great day for antitrust law,” a jubilant attorney, Jeffrey Kessler, said as he ...