Author: floridaecho.com

Wall Street closed lower on Monday as a sharp technology selloff and surging oil prices pulled major U.S. stock indexes down. The Nasdaq Composite dropped 1.55% to 25,873.18, ending a three-session winning streak. The S&P 500 fell 0.79% to 7,515.34.

Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Oil prices climbed more than 4% on Monday, extending an earlier surge that carried Brent crude to $78.68 a barrel. Brent later rose $3.10, or 4.08%, to $79.11 by 3:25 a.m. GMT. U.S. West Texas Intermediate gained $2.95, or 4.11%,

Philadelphia declared a disaster emergency after severe microburst storms damaged buildings, uprooted trees and disrupted electricity across the city. Mayor Cherelle Parker signed the order Sunday, one day after the storms struck West and South Philadelphia. The declaration directs city

Chinese researchers have unveiled an AI-assisted platform that converts computer-designed protein sequences into physical samples for laboratory testing. The National Facility for Protein Science in Shanghai and Kangma (Shanghai) Biotechnology developed the automated D2Pi-2.0 system. Developers say it is designed

Bitcoin traded near $64,061 on Friday, July 10, keeping attention on regulated crypto products, tokenized securities and corporate bitcoin treasuries. The market now has more links to traditional finance than it had before U.S. spot bitcoin exchange-traded products began trading

Scientists have captured the molecular machinery that malaria parasites use to enter human red blood cells. The finding overturns a decades-old view of the moving junction as a passive ring. Researchers found that the structure acts as an active machine

Oil prices settled about 2% lower on Thursday as inflation concerns outweighed continuing supply disruptions in the Middle East. Brent crude futures fell $1.72, or 2.2%, to $76.30 a barrel. U.S. West Texas Intermediate crude dropped $1.44, or 2%, to

OpenAI has released the GPT-5.6 model family and introduced ChatGPT Work, an agent designed for longer and more complex assignments. The family includes GPT-5.6 Sol, Terra and Luna. Each model targets a different balance of capability, speed and cost. OpenAI