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The uncertainty has weighed on soybean prices, with Chicago futures headed for a weekly drop of around 4.5%, the most in nearly a year.

The prices demonstrate yet another pinch point in the global energy industry system caused by the effective closure of the Strait of Hormuz.

FedEx remains on track with the planned spinoff of its freight division into a new publicly traded company, executives said while discussing Q3 results.

Jeff Bezos in recent months has met with large asset managers to raise money for the project, including during trips to the Middle East and Singapore.

Motive Technologies has been ordered to pay rival Samsara more than $30 million over false advertising claims but was cleared in a patent infringement case.

“How long are employees going to work and vendors going to show up if we're not paying them?" Postmaster General David Steiner said in an interview.

The IEA said the release will largely consist of crude oil, though contributions from Europe will primarily take the form of refined petroleum product.

November’s midterms will hinge in part on Americans’ attitudes toward the cost of living, and polls show the president is getting poor economic marks.

The final night of the Technology & Maintenance Council Annual Meeting marked the introduction of its 67th general chairman and treasurer, Mark Kennedy.

The strikes sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict.