NEW YORK—Oil prices shot past $100 a barrel Wednesday as fighting between the U.S. and Iran escalated, threatening to increase costs for consumers and businesses worldwide.
The average price of unleaded petrol has risen by 5p a litre in the space of a week, according to the RAC, which warned there was "no sign of any relief" for drivers.
A top safety researcher at Anthropic has warned that AI is advancing so quickly he believes there is a greater than 10% chance it "could kill all humans" within the next decade.
Bill Dudley started his career on Wall Street at Goldman Sachs as its chief U.S. economist, notably advising bond traders on the economy and inflation, and what the Federal Reserve would be likely to do on interest rate…
Learner drivers have to wait an average 20 weeks before booking a practical test, according to new figures, despite attempts to reduce delays.
Thousands of air passengers have seen their travel plans disrupted after an air traffic control problem grounded nearly 2,000 flights across the UK.
Data from the National Bureau of Statistics (NBS) show that in August, affected by factors such as changes in international market prices and seasonal increases in food prices, the Consumer Price Index (CPI) shifted fro…
A rogue builder tore Sheri Ingram's home apart and "disappeared off the face of the Earth" with £14,000.
A Singaporean man pleaded guilty on Tuesday to a racketeering conspiracy charge in the US for organising one of the biggest ever cryptocurrency thefts.
The US is banning a slew of Canadian products, including alcoholic spirits, dairy goods and motorbikes, as its neighbour's retaliatory tariffs on American goods come into force.
It's in Duncan Trevithick's interest to be good at using AI at work - if he can use it to get more tasks done, faster, he'll qualify for a bonus at the end of the year.
But Erin Atkinson has already decided what should happen to her money and belongings when she dies.
OpenAI says it has found a solution to a decades-old advanced maths problem in a matter of hours using a new artificial intelligence (AI) model and thousands of AI bots.
See how TIKR’s model values Tenable stock after its 109% rebound: Analyze TENB on TIKR for free →
Japanese brewer Sapporo says it will move some beer production from Canada to the US after new tariffs on Canadian beer took effect on Tuesday.
Dec 23 (Reuters) - London's FTSE 100 ended higher on Tuesday, supported by gains in shares of banks and miners amid thin trading volume ahead of the Christmas break.
Flights from airports in the UK and Ireland are being heavily disrupted by a technical problem affecting the air traffic control provider Nats.
Nearly all the major mortgage lenders in the UK have announced increases in the cost of home loans in recent days.
Prime Minister Mark Carney has said that Canada's pivot away from the US as its largest trading partner "will come at a cost", as a wave of Canadian retaliatory tariffs on American goods come into force.
The ECB must decide which risk is the lesser evil: overtightening (and potentially upsetting European bonds) or underestimating inflation. A 25bp hike is widely expected on Thursday, and we think the Bank may strike a m…
A newer Economic Brief has been released that updates this analysis with the April 2 tariff announcement of a global tariff plan.
Will some banks’ AI ambitions be thwarted by their brittle and fragmented data infrastructure?
Crude oil is creeping back toward the psychological $100-a-barrel mark, and the reason is hard to miss: Iran. The latest oil price surge tied to Iran’s threats against Gulf energy infrastructure accelerated this week af…
The S&P 500 is riding a historic 329-session streak of upward momentum, but major Wall Street institutions are warning that this prolonged resilience could be threatened by rising leverage and looming stagflation.