Markets
Equities, commodities, and global macro.
MARKETSGetty Images More Than Doubles After OpenAI Deal β But the Dollars Are Still Missing
A stock that was fighting to stay listed is suddenly at the center of the AI boom. The deal is real. Whether it justifies the move is another question.
MARKETSTrump Threatens to Freeze North America's Biggest Trade Pact. Farm Country Is Alarmed.
Trump rejects clean renewal of USMCA. Trade officials face a historic review timeline. Markets brace for a decade of annual cross-border friction. This is now an agriculture story, a supply-chain story, and a Trump story.
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MARKETSThe IPO Document Most Investors Never Open (But Should)
Five sections of an IPO prospectus that tell you more than the first-day stock move.
MARKETSThe Iran War Is 100 Days Old. Wall Street Moved On. The Fed Can't.
US and Israeli forces struck Iran on February 28. Stocks fell nearly 10%, then recovered in 11 sessions. The S&P 500 is up 7% since. Oil is still in the mid-$90s. Inflation is at a three-year high.
Gold Hits All-Time High as Dollar Weakens on Recession Fears
The safe-haven rally pushes gold past $3,200 per ounce as investors flee equities and seek hard assets.