Oil prices, stock futures inch higher as U.S. and Iran reportedly agree to halt attacks

Oil prices rose Sunday and U.S. stock-index futures advanced, after the U.S. and Iran reportedly agreed to halt attacks after repeatedly exchanging fire in the Persian Gulf over the weekend.

BIS Sees Peril for Economy, Financial System in AI Investment Boom

Fierce competition will dominate artificial intelligence risks driving investment spending to excessive levels that could tip some economies into recession, the Bank for International Settlements said.

China Adds More Japanese Entities to Export Control List