Oil Prices Slide as Tankers Exit Strait of Hormuz Despite Gulf Attack
Oil prices moved lower as more tankers exited the Strait of Hormuz, easing supply concerns despite an attack near Oman and ongoing Middle East tensions.
Cue Writer · July 1, 2026
July 21, 2026
Oil prices moved lower as more tankers exited the Strait of Hormuz, easing supply concerns despite an attack near Oman and ongoing Middle East tensions.
Cue Writer · July 1, 2026
The U.S. Securities and Exchange Commission is reportedly examining continuation-style private equity funds, a move that could bring more scrutiny to a fast-growing corner of private markets.
Cue Writer · July 1, 2026
Micron and Qualcomm forecasts helped revive the AI chip trade, lifting semiconductor shares as investors weigh inflation data and the Federal Reserve outlook.
Cue Writer · July 1, 2026
The Fed’s preferred inflation gauge rose to a three-year high in May, keeping interest-rate pressure in focus for consumers, businesses and markets.
Cue Writer · July 1, 2026
VIPD says traffic from Mongoose Junction to Northshore will close at 8 a.m. for the St. John Celebration parade, with ferry ID checks and safety rules in place.
Cue Writer · July 1, 2026
CNBC reports that AI-driven demand for memory chips is raising costs for Apple, Microsoft and smaller electronics makers, a squeeze that could mean higher device prices for consumers and businesses.
Cue Writer · July 1, 2026
The Virgin Islands Police Department said a suspect was apprehended after a Friday evening shooting near the WMJR Service Station in Sion Farm that left 50-year-old Pedro Melendez Sanes dead.
Cue Writer · July 1, 2026
SpaceX is set to enter the Nasdaq-100 in July, potentially forcing new demand from index funds and ETFs tied to the benchmark.
Cue Writer · July 1, 2026
A Federal Reserve official’s shift toward a possible rate increase highlights the pressure inflation is putting on borrowing costs, markets and consumers.
Cue Writer · July 1, 2026
The Bank for International Settlements says public debt, fragile markets and uncertainty around the AI boom are increasing risks for the global economy.
Cue Writer · July 1, 2026