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Oil slides below $90 after surging to nearly $120 early in Monday's trading session
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President Trump insists the conflict will be brief, but world leaders are preparing for severe economic blowback.
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The AI company refused to allow its models to be used for mass surveillance or lethal autonomous weapons.
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Oil prices climbed on Monday, but finished below Monday's highs near $120 a barrel following talk by the Group of Seven nations of a potential emergency release of crude reserves.
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Gold prices declined on Monday, extending their loss from last week, as an escalating conflict with Iran drove fears of sticky inflation on the back of surging prices of oil, and investors again took shelter in the dollar.
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Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
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Gold Slumps as Oil Surge Stokes Fears of Higher Interest Rates Bloomberg.comIran war updates: Trump says conflict may be ‘short-term' as oil fears rise Al JazeeraOil Prices and Stocks Swing Wildly as Iran and Israel Launch New Strikes - The New York Times The New York Times
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Anthropic is suing the Trump administration, asking federal courts to reverse the Pentagon's decision designating the artificial intelligence company a " supply chain risk " over its refusal to allow unrestricted military use of its technology.
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Growth in Medicare Advantage plans has slowed in the past year and would be almost nonexistent if not for specialty plans that cater to people with chronic conditions or to low-income subscribers — and that bring in much more money than individual plans.
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