On Energy Secretary Chris Wright said about 20 million barrels of crude oil and roughly 72 ships passed through the Strait of Hormuz in the previous 24 hours, following an initial

Brent crude futures fell by 78 cents, or 1.0%, to $76.30 a barrel. U.S. West Texas Intermediate (WTI) crude dropped by 78 cents, or 1.1%, to $72.43 a barrel. Both benchmarks lost about 1%, hitting their lowest levels since early March.

Oil prices settled 1% lower on Tuesday as investors kept a close watch on crude flows through the Strait of Hormuz following signs of ​progress in U.S.-Iran peace talks.

U.S. West Texas Intermediate crude fell 12 cents, or 0.2%, to $73.74 a barrel as of 0323 GMT. “The gradual increase in oil flows through the Strait of Hormuz continues to weigh on the market,” ING analysts said in a note.

Cerebras Systems on Tuesday forecast ​2026 revenue that beat Wall Street estimates, but shares sank as ‌the company's gross margin forecast confirmed it will be an uphill battle to challenge AI chip leader Nvidia in key markets.

Key Takeaways Cerebras shares plunged Wednesday following the AI chipmaker's first quarterly results as a public company.Worries about Cerebras' margins could be weighing on shares, but analysts are staying bullish on the company's outlook.

Cerebras Systems CBRS shares tumbled about 10% in premarket trading on Wednesday after the artificial intelligence chipmaker forecast lower profit margins for 2026. The outlook overshadowed better-than-expected quarterly results and highlights the costs of scaling its rapidly growing AI infrastructure business.

The company said it expects its operating margins to remain negative and under pressure through the end of the year.

Wisconsin borrowers may face new borrowing caps and repayment plans, among other rules, after changes to federal student loans take effect July 1.

The era of the Biden administration’s SAVE student loan repayment plan is coming to an end, as major changes enacted under President Donald Trump’s One Big Beautiful Bill Act take effect July 1 and reshape how millions of people repay their loans.

Student loan changes to impact borrowers starting July 1

Defaulted student loan borrowers must return to good standing first. Borrowers whose federal loans are in default cannot access the expanded autopay discount, a restriction that a

The Dallas City Council approved a multi-million-dollar incentive package Wednesday for Morgan Stanley. The global financial services giant wants to expand into a $1.3-billion hub in Downtown Dallas.

The New York-based financial has yet to officially announce its decision but if it picks Dallas, it would mean another huge win for Y'all Street.

Dallas lawmakers signed off Wednesday on a $18.5 million incentive package to lure a $1.3 billion Morgan Stanley office tower to the city, The Post has learned. Officials at the Dallas City Council unanimously rubber-stamped the deal 15-0 that would give the New York-based bank a special economic grant and up to a decade of property tax abatements,

Morgan Stanley is weighing a $1.3 billion office tower in Dallas, the latest Wall Street giant to bet on Texas as a financial hub.

Elon Musk's net worth has dropped below $1 trillion after SpaceX and Tesla shares fell during a broader tech sell-off, less than two weeks after the milestone.

Elon Musk lost his trillionaire status on Tuesday after a brutal global tech rout erased billions from his wealth.

The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies.

SpaceX says it has a $28.5 trillion total addressable market. America's GDP, the largest in the world, is only a little larger: $32.4 trillion. 10 stocks we like better than Space Exploration Technologies › Space Exploration Technologies (NASDAQ: SPCX) CEO Elon Musk just might be the first investor ever to think in trillions as a matter of course.