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Oil prices sink to lowest levels in months after Trump touts Iran deal to reopen Strait of Hormuz
Crude oil prices sank to their lowest levels in months following President Trump’s announcement of an agreement with Iran to reopen the Strait of Hormuz. Brent crude oil prices dropped 4.8% Monday to $83.17 a barrel, while West Texas Intermediate crude plunged...
Fox Corp to acquire streaming giant Roku in $22 billion blockbuster deal
Fox Corp. is buying streaming giant Roku in a blockbuster deal valued at roughly $22 billion, including debt, creating a media powerhouse that the companies say will become the third-largest player in US television by share of viewing. The acquisition, first...
UK to bar kids under 16 from using social media apps including TikTok, YouTube: Starmer
The UK will bar children under 16 from using a range of social-media platforms — including Snapchat, TikTok and YouTube — in an effort to shield young people from toxic online content and ballooning screen time, Prime Minister Keir Starmer said Monday. The...
Anthropic downplays security risks of ‘Mythos’ and ‘Fable’ AI models after ban — prompting scorn from White House officials
Anthropic is downplaying risks that led the White House to ban foreign use of its powerful “Mythos” and “Fable” AI models – and US officials claim it’s proof that CEO Dario Amodei has a one-sided, self-serving approach when it comes to cybersecurity. Late last...
Trump warns France in exclusive interview with The Post: Kill tech tax or face 100% wine tariffs: ‘I have no choice’
President Trump warned that France is at risk of a fresh trade war with America — declaring in an exclusive interview with The Post that unless Paris axes its digital tax on American tech giants, the US will “have no choice” but to slap 100% tariffs on French...
Cruise tipping charges are ‘out of control,’ say passengers as companies tout ‘exceptional service’
Cruise passengers are getting hit with a familiar vacation surprise: the bill that keeps growing after they book. Daily gratuities, drink-package service charges, specialty dining fees and other automatic add-ons have become a flashpoint for travelers who say...
Recent deals lift 2 Park Ave. to 90% occupancy
Since Hadson Realty bought 2 Park Ave. from Morgan Stanley last year for $360 million — 31% less than the investment bank paid for it in 2007 — the 1.2 million square foot prewar property has been on a leasing roll. More than 165,000 square feet in recently...
City shows off models of proposed sidewalk sheds
The Department of Buildings has unveiled two proposed new sidewalk shed designs that would replace the monstrosities that blight an incredible 360 miles of sidewalks in the city. They’re less blatantly offensive than the familiar, hulking steel-and-green wood...
Don’t be surprised if SpaceX’s shares fizzle following the initial Wall Street hype
What do you do when your brokerage firm notifies you that you can get in on the deal of the century, the initial public offering of Elon Musk’s SpaceX? For me, it was easy: Ignore it. Mind you, the note was enticing. I was offered a “one-day indication of...