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Energy
What a cut in Reliance’s Russian crude purchases would mean for India
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021.Bloomberg | Bloomberg | Getty ImagesIndia's largest private oil refiner Reliance Industries is reportedly halting purchases of Russian…
Trump admin sanctions Russian oil companies, presses for Ukraine ceasefire
Oil prices jumped more than 5% on Thursday after the Trump administration imposed further sanctions on Russia's two largest crude companies, citing Moscow's "lack of serious commitment to a peace process to end the war in Ukraine."Global…
Gold and related stocks are falling for a second day
Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, October 13, 2025. Louisa Off | ReutersGold prices fell for a second day on Wednesday, as investors took profits after a…
Cleveland-Cliffs shares jump more than 20% as steelmaker looks into rare
Signage outside the Cleveland-Cliffs Inc. Cleveland Works steel mill in Cleveland, Ohio, US, on Wednesday, Aug. 17, 2022.Luke Sharrett | Bloomberg | Getty ImagesCleveland-Cliffs is looking into building a rare earths mining business, CEO…
Anthropic tries to keep pace with OpenAI, faces off with David Sacks
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | Getty ImagesArtificial intelligence startup Anthropic is doing all it can to keep pace with larger rival…
Major U.S. banks enjoy great quarter — assuaging trade fears
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC.Kevin Dietsch |…
Utilities are grappling with how much AI data center power demand is real
Electricity companies across the U.S. are struggling to figure out how much demand will actually materialize from the artificial intelligence boom, as the stock market speculates that vast sums of money will be spent on infrastructure to…
China accuses U.S. of ‘panic’ over rare earths, open to trade talks
China on Thursday accused the U.S. of creating "panic" over Beijing's controls on rare earth minerals, but indicated it is open to trade talks to resolve a dispute that has threatened to reignite a trade war between the world's two…
Nuclear stocks mixed after Army launches program to deploy small reactors
Nuclear stocks traded mixed Wednesday after the U.S. Army launched a program to deploy small reactors.Shares of NuScale, a small reactor developer, surged about 11%. Oklo and Nano Nuclear fell more than 3% and nearly 5%, respectively.…
OpenAI’s latest megadeals are testing its hyperscaler ambitions
Sam Altman didn't set out to compete with Nvidia. OpenAI began with a simple bet that better ideas, not better infrastructure, would unlock artificial general intelligence. But that view shifted years ago, as Altman realized that more…