From a numbers perspective, Wall Street is booming with President Donald Trump in the White House. During his first, non-consecutive term (Jan. 20, 2017 – Jan. 20, 2021), the ageless Dow Jones Industrial Average (^DJI +0.51%), broad-based S&P 500 (^GSPC +0.59%), and growth stock-dependent Nasdaq Composite (^IXIC +1.35%) rallied 57%, 70%, and 142%, respectively. Since…
As the geopolitical landscape shifts in the wake of the escalating conflict in the Middle East, French President Emmanuel Macron has outlined plans for a “purely defensive” military initiative aimed at ensuring maritime security through the Strait of Hormuz. This move reflects not just the urgent need for regional stability but also the intricate balance…
CoolIT Systems produces liquid cooling systems for data centres © Reuters US private capital giant KKR is targeting a 10-fold return on a potential multibillion-dollar sale of a decades-old company that provides cooling equipment for data centres, as the AI boom boosts valuations. KKR is working with advisers on a sale of CoolIT Systems, a…
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Samuel Boivin | Nurphoto | Getty Images Caitlin Kalinowski, who oversaw hardware at OpenAI, announced her resignation on Saturday, citing concerns about the company’s agreement with the Department of Defense. In a social media post on X, Kalinowski wrote that OpenAI did not take enough time before agreeing to deploy its AI models on the…
US equities ended the week starkly in the red as the war in Iran and the ensuing surge in global oil prices have rankled the global economy. No corner of the market has been left untouched, and most of the market’s 2026 gains have evaporated. The S&P 500 closed out Friday in the red by…
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Tensions continue to escalate in the Middle East as geopolitical conflicts bear heavily on regional security. Recently, Turkey’s Ministry of National Defence reported the successful interception of a ballistic missile launched from Iran, emphasizing its commitment to safeguarding national airspace amidst an environment of heightened military activity. This incident serves not only as a reflection…
A Southwest Airlines flight that was heading to Fort Lauderdale-Hollywood International Airport on Friday night was diverted to Georgia after what the company called a passenger “misunderstanding” over a phone timer for Ramadan prayer. The Federal Aviation Administration said Southwest Airlines flight 2094 had left Nashville and was going to South Florida when it had…
The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal Reserve. Rising oil prices, shipping disruptions in the Middle East and fresh signs of weakness in the U.S. labor market are creating a complicated backdrop just as inflation had begun to show some…
LEADER COULD BE A TARGET FOR ELIMINATION. ALSO BREAKING RIGHT NOW, THE WAR WITH IRAN IS CAUSING GAS PRICES TO JUMP AGAIN. JUST IN THE LAST HOUR, TRIPLE-A UPDATED THE AVERAGE FOR A GALLON IN CINCINNATI TO $3.22. THAT’S A NEARLY 60 CENT INCREASE FROM A WEEK AGO. IN COVINGTON, THE AVERAGE IS THREE. 13…
In a crucial moment of leadership transition, Iran has rallied behind Mojtaba Khamenei, who has been appointed as the new Supreme Leader following the recent passing of his father, Ayatollah Ali Khamenei. This political development comes amid escalating tensions with Western powers, particularly the United States and Israel, prompting a wave of support from military…
Morgan Stanley’s surprise round of layoffs this past week can be summed up in two letters: “A” and “I.” The Wall Street giant’s latest bloodbath was the result of “shifting business and location priorities,” and “individual job performance” issues here and abroad, according to the firm’s flacks. No doubt, some of the employees who were…
WASHINGTON (AP) — President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America’s future. In his State of the Union address less than two weeks ago, the Republican president confidently told the country: “The…
March 8, 2026Updated March 9, 2026, 8:38 a.m. ET Americans have a new beef – a legal one, that is. As more than 11,000 baby boomers now turn 65 years old every day, approximately $124 trillion is expected to shift to younger generations and charities through 2048, according to Cerulli and Associates. Even with financial…
“If you’re in this room, all your family and friends think you’re crazy,” the host calls out. It’s Wednesday night and, along with over 1,300 others (the line wrapped around an entire block), I’m at New York City’s inaugural ClawCon. Here, passionate fans of the personalized AI agent OpenClaw can meet each other and, among…
SUGARLOAF, Pa. (AP) — For John Zola, the 40 acres were like a paradise: apple orchards tucked into northern Pennsylvania’s rolling hills, a barn, meadows and more than enough land for four houses: one for himself and his wife and each of his three adult children. It’s been “hell,” however, since a contractor hired by…
The recent escalation of conflict in the Middle East, particularly following Iranian missile and drone strikes against Gulf states, marks a troubling development in an already tense region. This latest wave of aggression, targeting vital infrastructure and civilians, underscores the fragility of peace in an area grappling with both geopolitical rivalries and the need for…
In a recent commentary on U.S.-Iran relations, Senator Lindsey Graham asserted that the potential downfall of the Iranian government could lead to a reimagined Middle East and lucrative opportunities for the U.S. economy. This perspective reflects not just a military strategy but also an investment mindset that intertwines geopolitical maneuvers with economic aspirations, positioning military…
In a powerful demonstration of solidarity and support for human rights, a crowd recently rallied in Australia, pursuing a bus transporting Iran’s women’s football team as players made a bold stand against oppressive regimes. By refusing to sing the national anthem during the Asian Cup, these athletes ignited a wave of advocacy, prompting calls for…
Airline tickets could soon become more expensive as rising oil prices driven by the escalating Middle East conflict begin to ripple through the aviation industry. United Airlines CEO Scott Kirby is already warning that if fuel prices remain elevated, airlines will soon have little choice but to raise fares. Oil prices have surged in recent…
Microsoft says threat actors are increasingly using artificial intelligence in their operations to accelerate attacks, scale malicious activity, and lower technical barriers across all aspects of a cyberattack. According to a new Microsoft Threat Intelligence report, attackers are using generative AI tools for a wide range of tasks, including reconnaissance, phishing, infrastructure development, malware creation,…
New CEO Greg Abel just delivered his first annual letter to Berkshire Hathaway‘s (BRKA 0.39%)(BRKB 0.28%) shareholders, a tradition that former CEO Warren Buffett carried out for the past six decades. The letter was 18 pages and provided a ton of details on how Abel plans to run the company, a detailed overview of all…
The Trump administration’s new national cyber strategy places the security of cryptocurrencies and blockchain technologies within the United States’ broader push to maintain leadership in emerging technology. In a section focused on maintaining “superiority in critical and emerging technologies,” the document states that the government will support the security of “cryptocurrencies and blockchain technologies.” The…
LOS ANGELES (KABC) — Gas prices surged across Southern California this week, with the statewide average climbing above $5 per gallon and some drivers encountering prices more than $8 at the pump. The national average has risen nearly 50 cents a gallon in the week since the war in Iran began, according to AAA. The…
In a significant shift in Iran’s political landscape, the Islamic Revolutionary Guard Corps (IRGC) has officially declared its allegiance to Mojtaba Khamenei, the newly-elected supreme leader. This appointment marks a turning point that has elicited a range of emotions among the Iranian populace; while some celebrate this ascension, others are concerned about the implications of…
The recent events surrounding protests in New York City highlight the ongoing tensions related to socio-political issues, where demonstrations have often escalated into violence. As communities navigate these challenges, the spotlight remains on the impact of such clashes on public safety and societal cohesion. The incident not only raises concerns about extreme ideologies but also…
The recent appointment of Mojtaba Khamenei as Iran’s new supreme leader marks a pivotal moment for the Islamic Republic amid escalating regional tensions. Following the assassination of his father, Ayatollah Ali Khamenei, in a joint US-Israel operation, Mojtaba inherits the leadership during a time of unprecedented crisis that tests the resilience and unity of Iran’s…
After a brutal fourth quarter in which they somehow managed to lose a staggering $218 million, the Emeryville-based Grocery Outlet is shuttering 36 stores, though these may not be Bay Area stores that are closing. Yes, the cult-favorite, oddball-item, discount grocery store Grocery Outlet Bargain Market is indeed a Bay Area company, their headquarters is…
ATLANTA — A Southwest Airlines flight diverted to Atlanta Friday night over a possible security concern, but investigators later determined there was no credible threat, according to the Federal Bureau of Investigation. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] Southwest Flight 2094, which was traveling from Nashville to Fort Lauderdale, landed safely…
Rising gasoline prices on Long Island are causing residents such as Marie Weiss to look for ways to lessen the impact. The cost of gas has jumped more than 13% since the Iran conflict disrupted the production and movement of oil in the Middle East. “I watch the news, and it doesn’t look like this war is going…
After it was announced that Paramount Skydance acquired Warner Bros. Discovery last week, Hollywood is anticipating changes are coming. And in a reported piece from the Los Angeles Times, one of those changes will involve redundant assets including real estate. Paramount’s most notable properties are the legendary studios in Burbank and Hollywood, where films classic films…