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The UK will deploy one of its warships to the Middle East as part of planning for a European-led mission to escort ships through the Strait of Hormuz once there’s a stable ceasefire. HMS Dragon, a Type-45 warship capable of...

The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks.The rapidly shrinking stockpiles mean that the risk of...

The Trump family media group posted a net drop of $405.9 million in the first quarter, largely driven by unrealized losses in cryptocurrencies held by the company. Trump Media & Technology Group Corp., which is the parent company of Truth...

The Treasury Department announced this week that it expects to borrow more than anticipated in ‌the current quarter as incoming cash flow has been weaker than initially projected.The $189 billion now estimated for the April-June quarter is $79 billion...

The Russian economy is now shrinking, and businesses are having more trouble keeping up with debt payments, representing a potentially systemic threat to the country’s bond market.According to data from the central bank this week, GDP contracted 0.5% year...

Russian President Vladimir Putin on Saturday voiced confidence of victory in Ukraine as he oversaw a military parade on Red Square commemorating the defeat of Nazi Germany in World War II — a show that didn’t include heavy weapons for the first...

McLaren Racing Formula 1 drivers Lando Norris and Oscar Piastri crossed the finish line at the Miami Grand Prix last week in second and third place respectively, marking the team’s first double podium of the year following its second...

Cristiano Amon won’t tell you what’s coming, but he’ll tell you who’s building it.“There are some secret form factors that I cannot tell you about,” the Qualcomm CEO said in an interview with Fortune Editor in Chief Alyson Shontell...

There is a genre of content on social media where people sit in front of a camera and read their credit card balances out loud—and not from one card, but all of them. $7,500 on one, $8,900 on another,...

Capella Hotel Group, the ultra-luxury hotel group that once played host to the leaders of two nuclear powers, is pursuing more aggressive growth with plans to double its portfolio by 2030 with new ventures in Europe and the Middle...