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Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.
Source
MarketWatch
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Gold steadied after its biggest daily advance since end-March, as hopes of a US-Iran deal sent oil prices plunging and eased inflation concerns.
At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.
When gas prices surged in March, lower-income drivers tried to cut back, but they still felt the sticker shock. On the other hand, rich drivers barely flinched.
Australian retirees are withdrawing their pension savings at increasing rates as global turmoil and surging inflation erodes their already fragile confidence.
