Iran warned President Trump’s naval blockade was “doomed to fail” as oil prices soared to their highest point in years with the standoff over the Strait of Hormuz wreaking havoc on the global economy.

Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports

A bipartisan Senate duo introduced a bill to ban importing Chinese-made vehicles and auto parts, weeks ahead of U.S.

Federal Reserve Chair Jerome Powell made it clear Wednesday he’s not going anywhere just yet.

Uber said Wednesday that users will soon be able to book hotels through its app, as it looks to expand its offerings and become a do-it-all travel service.“Uber is now an app for everything,” CEO Dara Khosrowshahi said during the company’s product announcement.

The Federal Reserve announced it is keeping interest rates steady for the third time in a row. It is likely to be Chair Jerome Powell’s last policy meeting as the leader of the world’s most influential central bank.

Gas prices surged to their highest levels in nearly four years as negotiations to end the war between the United States and Iran remain deadlocked. The average cost for a gallon of regular now stands at $4.23 and experts warn the timing couldn’t be worse with the summer travel season just weeks away. NBC’s Christine Romans reports for TODAY.

U.S. gas prices have hit a fresh record since the start of the war with Iran, according to the motor club AAA.

The Federal Reserve kept interest rates steady at what is likely to be Jerome Powell’s last policy meeting as chair.

The United Arab Emirates said it would leave the Organization of the Petroleum Exporting Countries after being a part of the group that coordinates oil output among the world’s top producers for over five decades. NBC News’ Christine Romans reports on the motivations behind the UAE’s withdrawal.