OLKILUOTO, Finland — With the push of a button, the elevator descends hundreds of meters in seconds into the dark depths of Onkalo. “We are now at about minus 1,411 feet,” muttered geologist Tuomas Pere as he steered a car through a labyrinth of man-made tunnels. “We are driving ...
Remember the iPod? It’s making a quiet comeback. Four years after Apple killed off its digital music player, secondhand sales are surging. It’s fueled in part by young people interested not just in its retro looks but a desire to listen to music in a focused way and with playlists not ...
A new reality is setting in for travelers worldwide: rising fees, fewer flight options and difficult decisions about whether a trip is worth the cost. The culprit is volatile oil and jet fuel prices, which have spiked sharply since the war in the Middle East began and fighting near the narrow Strait of Hormuz created a chokepoint for global oil supplies. “Volatility is the real story here,” said Shye Gilad, a former airline captain who now teaches at Georgetown University’s business school. “Right now, the airlines are trying to make bets on what they think will happen in the ...
Stocks drifted mostly lower on Wall Street and oil prices slipped Friday ahead of planned U.S.-Iran talks following a shaky ceasefire agreement. The S&P 500 inched 0.1% lower after a day of choppy trading. The Dow Jones Industrial Average fell 0.6% and the Nasdaq composite rose 0.4%. The major indexes each notched a weekly gain for the second week in a row. They have been gaining ground this month amid optimism that the war with Iran could be heading toward a resolution. High-level talks between negotiators from Iran and the U.S. are planned for Saturday in Pakistan. The benchmark ...
WASHINGTON — A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began. An inflation gauge monitored by the Federal Reserve rose 0.4% in February from January, up slightly from the ...
Calls are increasing inside Congress for investigations into the prediction market platform Polymarket. This comes after The Associated Press reported that at least 50 new Polymarket accounts placed substantial bets on a U.S.-Iran ceasefire hours before President Donald Trump announced the ceasefire on social media. These accounts had never bet on Polymarket before and this isn’t the first time such well-timed bets have occurred. Researchers at Harvard University estimate that $143 million in profits on Polymarket may have been made by individuals with insider information. Rep. ...
