US stock indices reversed sharply into the green on Monday after President Donald Trump told CBS News senior White House correspondent that the US-Israel war against Iran is effectively over. The Dow Jones Industrial Average, which had plunged as many as 945 points in the morning session, rebounded sharply and closed nearly 240 points up […]
In a little over a year, the United States has carried out dozens of airstrikes on vessels in the Caribbean tied to alleged narco-trafficking networks, launched sustained operations against Houthi forces in the Red Sea, captured Venezuelan President Nicolás Maduro, struck Iranian nuclear facilities and now embarked on an extended military campaign aimed at degrading […]
‘Think of Mojtaba Khamenei as his father on steroids.’ That is how Kasra Aarabi, director of Islamic Revolutionary Guard Corps research at the advocacy group United Against Nuclear Iran, described Iran’s new supreme leader in comments to Fox News Digital following reports that the son of Ayatollah Ali Khamenei has been selected to lead the […]
Senate Majority Leader John Thune sent a warning shot Monday over the talking filibuster, saying the procedural playcall is “way more complicated” than many supporters realize. “This particular approach in terms of the process is much more complicated and risky than people are assuming at the moment,” Thune told reporters, cautioning that a talking filibuster […]
DORAL, Florida — The economic fallout from President Donald Trump’s decision to go to war with Iran is imperiling the GOP’s legislative sales pitch ahead of the midterms, with energy price spikes threatening at least some of the pocketbook gains Americans are seeing from the sweeping tax cuts Republicans enacted last year. Analysts with the […]
Technology, markets, and policy developments are driving a busy day across the global economy. Anthropic has sued the Trump administration after the Pentagon labelled the AI firm a supply chain risk, while Nvidia-backed data centre startup Nscale raised a record $2 billion funding round in Europe. In healthcare, Hims & Hers shares surged after Novo […]
Tesla stock (NASDAQ: TSLA) is trading down more than 1% on Tuesday, and the slide is looking less like collateral damage from a rough macro day and more like a stock wrestling with its own credibility. While retail investors have largely stood firm, three institutional voices: JPMorgan, Morgan Stanley, and Phillip Securities have each taken […]
The top Senate Democrat wants President Donald Trump to tap the nation’s oil stockpile as fuel prices skyrocket, years after blocking his attempt to replenish the supply when prices were low. Senate Minority Leader Chuck Schumer, D-N.Y., called on Trump to unleash reserve barrels of oil from America’s Strategic Petroleum Reserve (SPR) as oil prices […]
Shares of Advanced Micro Devices rebounded on Monday as semiconductor stocks helped lift markets from earlier lows. AMD shares rose about 2% during the session, alongside gains in other chipmakers. Broadcom advanced more than 3%, while Micron Technology also gained around 2%. Nvidia climbed nearly 1%. The rebound in chip stocks came after a difficult […]
The global energy landscape is fracturing as the US-Iran war escalates, sending crude oil prices on a vertical trajectory. After beginning this year near $60, West Texas Intermediate (WTI) and Brent crude briefly flirted with a high of $120 – levels not seen in four years – before settling in the triple digits. And this […]