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An errant post on X may have just shaken the stock market, showing how influential — and irresponsible — the social media platform can be.

The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the pandemic.

Bitcoin prices are off Monday, continuing a rout that left the cryptocurrency down about 15% in the year to date.

93.1% of creditors have given a greenlight to the restructuring scheme of WazirX, the crypto exchange that suffered a $234.9 million loss in a July 2024 hack.

(Bloomberg) -- Cryptocurrencies recovered from an earlier plunge in a whipsaw day of trading triggered by President Donald Trump’s onslaught of tariffs on US trading partners. Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsBoston Mayor Wu Embraces Trump Resistance as Campaign Heats UpTrump Order on CDFI Fund Risks Aid for Small Businesses, Hou

Shares of U.S. Steel jumped on Monday after President Donald Trump said the company's proposed acquisition by Japan's Nippon Steel should be reviewed.

A bogus rumor that President Donald Trump was considering a pause in tariffs briefly lifted markets Monday before the White House shot down the unfounded reports. The confusion — which was amplified on social media and by some traditional media outlets — lasted less than a half hour but reflected a jittery mood on Wall Street as stocks plunged over worries that Trump’s tariffs could torpedo the global economy. The origin of the false report was unclear but it appeared to be a misinterpretation of comments made by Kevin Hassett, director of the White House National Economic Council, during a Fox News interview earlier Monday morning.