Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Shares of Nvidia rose to a new record Thursday as investors piled back in to the artificial intelligence trade, which had stalled a bit since the summer. The stock rose more than 3% at…
U.S. crude oil prices rose about 5% on Thursday, posting a third consecutive session of gains on fears that Israel could strike Iran’s oil industry in retaliation for Tehran’s ballistic missile attack this week. President Joe Biden was asked by reporters Thursday morning whether the U.S. would support an Israeli strike on Iranian oil facilities. Biden said: “We’re discussing…
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears of a broader economic slowdown, the Labor Department reported Friday. Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment rate edged…
