Oil Markets Reprice War Risk After Congress Rejects Iran Pullback | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Trending Discussions Premium Content By Alex Kimani – Apr 16, 2026, 6:00 PM CDT Oil prices rebounded after U.S. lawmakers backed continued military involvement in Iran,…
WELLINGTON, New Zealand (AP) — Sleep on a long-haul flight in economy class has always been a fantasy for many travelers. Air New Zealand will soon offer a solution that involves climbing into a triple-tier bunk bed wearing special socks. The airline will soon open bookings for four-hour stints in the Skynest sleep pods and…
VANCOUVER, British Columbia (AP) — The government-owned corporation that delivers mail in Canada is taking steps to stop home delivery. Canada Post is initiating talks with 13 communities to begin converting about 136,000 addresses from door-to-door delivery to community mailboxes, a standalone unit with designated space for each of the multiple residences it serves. It…
Cutting service. Bailing on Ballard, West Seattle, Everett, or Tacoma. Eliminating stations. Everything is on the table as Sound Transit looks to fill a $34 billion budget hole. Maybe Sound Transit should rein in its customers and require fare payments. Light rail riders used to pay nearly every time. Fare compliance was north of 90%…
In this article HIMS Follow your favorite stocksCREATE FREE ACCOUNT Piotr Swat | Lightrocket | Getty Images As its high-margin compounded GLP-1 business evolves, Hims & Hers Health may be finding a new opportunity in peptides. Shares of the telehealth company jumped Thursday after Health and Human Services Secretary Robert F. Kennedy Jr. announced Wednesday…
Sign up to see the future, today Can’t-miss innovations from the bleeding edge of science and tech Tech bro sneaker company Allbirds made a huge splash yesterday when it announced a baffling pivot to AI infrastructure — news that was met with a mix of incredulity and ridicule. The company’s blindsiding metamorphosis into what it’s…
The FTC’s new lawsuit also complained that Media Matters for America pressured advertisers to remove ads from Fox News and X. Media Matters is a nonprofit journalism organization that drew Musk’s wrath in 2023 when it published an article showing that X placed ads next to pro-Nazi posts. Trump FTC stamps out brand-safety initiatives Musk…
Netflix shares plummeted more than nine percent Thursday as the TV streaming titan’s quarterly earnings failed to impress investors and co-founder Reed Hastings announced he is leaving. Hastings, who helped grow the revolutionary DVD-by-mail company into a global entertainment behemoth, will depart Netflix to “focus on his philanthropy and other pursuits” when his term as…
In a significant geopolitical development, the recent remarks from U.S. President Donald Trump at the Turning Point USA event highlight the growing collaboration between the United States and Gulf states, particularly as Iran has completely reopened the Strait of Hormuz. This move is seen as a pivotal moment for both regional security and international relations,…
NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia could compound the Iran war’s impact on world travel within weeks if a fragile agreement to reopen the Strait of Hormuz collapses, making higher airfares and flight cancellations even more likely as the summer travel season approaches. Crude oil prices plunged Friday…
America’s $39 trillion national debt has become a familiar political football—batted around in budget negotiations, invoked at congressional hearings, and largely ignored between elections. But what the International Monetary Fund laid out Wednesday is something more unsettling: The U.S. isn’t an outlier. It’s just the most visible symptom of a global disease. At the spring…
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Netflix topped Wall Street expectations for earnings and revenue in the first quarter, but the streaming giant’s shares still took a dive in after-hours trading Thursday. Revenue rose 16% from the year-ago period to hit $12.25 billion, while diluted earnings per share came in at $1.23, nearly double a year ago. Wall Street analysts’ consensus…
A trader works on the floor of the New York Stock Exchange. Angela Weiss | Afp | Getty Images U.S. stocks rocketed higher on Friday after Iran declared the Strait of Hormuz “completely open” on the heels of a ceasefire announcement between Israel and Lebanon. The S&P 500 jumped 1.2% to close at 7,126.06, crossing…
In a significant development, tens of thousands of individuals displaced by the recent Israeli attacks on Lebanon seized the opportunity presented by a ceasefire to return to their homes. This moment highlights the resilience and determination of communities affected by conflict, showcasing their longing for stability and the restoration of normalcy in their lives. The…
As Peru faces mounting political tension ahead of its upcoming presidential election runoff, the electoral process is under intense scrutiny following delays and allegations of irregularity in the vote count. Leading the charge is conservative candidate Keiko Fujimori, who currently holds a significant lead in the race. However, concerns over the performance and transparency of…
Pentagon officials have reportedly asked Detroit automakers Ford and General Motors to consider producing weapons for the U.S. military in the near future, according tThe Wall Street Journal . Mary Barra, CEO of General Motors, and Jim Farley, CEO of Ford, have met with senior defense officials and discussed producing weapons and other military supplies,…
More than 600 million people watched the moon landing live in 1969. When NASA’s Artemis program returned astronauts to the lunar surface, an estimated 27 million tuned in, even as the world’s population had doubled. The shared cultural experience, the kind that once stitched strangers together, has quietly collapsed—and Paul Scherer thinks AI is about…
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Outside experts and watchdogs suspect that before the first meeting in July, Kennedy will work to stack the advisory board with questionably qualified allies who will come with a predetermined decision to ease access to the drugs—no rigorous scientific evaluation needed. A similar scenario has played out at the Centers for Disease Control and Prevention,…
Kevin Warsh’s newly released financial disclosures shed light on the Federal Reserve chair nominee’s vast wealth, but also raise questions about parts of his holdings that aren’t fully revealed in the paperwork. That could be a challenge for Warsh as he seeks to overcome a legacy of ethics scandals under the current chair, Jerome Powell….
In the complex web of legal challenges surrounding former President Donald Trump, a significant lawsuit against the Internal Revenue Service (IRS) has emerged, spotlighting broader concerns about accountability and ethics within the executive branch of governance. As Trump navigates potential settlements with a department he once headed, the implications of such negotiations raise questions about…
In a pivotal moment for Lebanon, President Joseph Aoun has declared the nation’s intent to emerge from its long-standing role as a battleground for external conflicts. Following a newly announced ceasefire with Israel, Aoun’s address emphasizes a transformative commitment to Lebanese sovereignty and the pursuit of lasting peace, rejecting past dynamics that have undermined national…
In this article .SPX .IXIC .DJI @LCO.1 .KS11 ASML Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange. NYSE .ido-promo__content { box-sizing: border-box; width: 100%; background-color: #f0f0f0; padding: 2px 20px 2px 20px; font-family: Lyon, Helvetica, Arial, sans-serif; font-size: 18px; line-height: 1.66; } Taken from CNBC’s Daily Open,…
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) – Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race to secure advanced chips needed for their artificial intelligence build-outs. The results suggest that demand stayed strong for AI chip designers such…
WASHINGTON, April 16 (Reuters) – The number of Americans filing claims for unemployment benefits fell last week, suggesting labor market conditions remained stable, though employers are cautious about hiring new workers as the conflict in the Middle East casts a shadow over the economy. Initial claims for state unemployment benefits dropped 11,000 to a seasonally…
Thursday, April 16, 2026 11:01PM Trader Joe’s could owe you money. The grocery chain has agreed to a $7.4 million settlement over claims that receipts showed too many digits from customers’ credit and debit cards. If you made a purchase between March 2019 and July 2019, you may be eligible for a payout, even if…
Hims & Hers (HIMS) stock jumped for a second day in a row, gaining 6% in early trading on Thursday over investor optimism that the Food and Drug Administration (FDA) is looking to lift restrictions on certain peptides. The stock gains added to a 13% move on Wednesday after the FDA scheduled a July meeting…
In a key development regarding maritime security and economic stability, both Iranian and American officials have announced the reopening of the vital Strait of Hormuz for commercial vessels amid a fragile ceasefire between Israel and Lebanon. This crucial waterway, through which approximately 20% of the world’s crude oil flows, serves as a significant lifeline for…
Spirit Airlines is at risk of shutting down and liquidating as soon as this week, according to two reports. This could mean the end of the ultra-low-cost carrier. Bloomberg and CNBC separately reported late Wednesday that the airline expected to run out of cash imminently as a result of surging jet fuel costs. Spirit has…
But Opus 4.7 got worse results than Mythos Preview on every evaluation. But Opus 4.7 got worse results than Mythos Preview on every evaluation. Apr 16, 2026, 3:59 PM UTC Hayden Field is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT…
QVC Group, the parent company the home shopping TV brands HSN and QVC, will file for Chapter 11 bankruptcy protection. The company disclosed the plan in a filing with the Securities and Exchange Commission. “As of the Petition Date, we intend to operate our businesses as a debtor-in-possession under the jurisdiction of the Bankruptcy Court…
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Reed Hastings, Netflix’s co-founder and then-CEO, in Sydney to meet with executives of other subscription streaming services on Feb. 25, 2022. Wolter Peeters | Fairfax Media | Getty Images Netflix shares fell 9% in extended trading on Thursday after the streaming giant released its first-quarter…