Kristalina Georgieva, managing director of the International Monetary Fund (IMF), in Davos, Switzerland, on Monday, Jan. 19, 2026. Bloomberg | Bloomberg | Getty Images Higher inflation and weaker growth ahead are inevitable for the global economy as a consequence of the Iran war, the head of the International Monetary Fund warned on Monday as the…
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European Gas Futures Jump 3% as Trump’s Iran Strike Deadline Nears | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Apr 07, 2026, 5:30 AM CDT European natural gas futures opened…
Following an alarming incident on Iran’s Lavan Island, an oil refinery was reportedly targeted in what authorities described as an “enemy attack.” This incident raises significant concerns over regional stability, particularly given Iran’s vital role in the Middle East’s energy landscape. As tensions continue to simmer, such events remind us of the delicate geopolitical challenges…
Wall Street’s most-watched economics team has a warning for workers displaced by AI: The damage could last for years. But in a surprising twist, the people most expected to bear the brunt of the coming disruption—recent college graduates—may actually be the best equipped to weather it. In a research note published Monday, Goldman Sachs economists…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The all-important spring…
In the wake of a U.S.-Iran ceasefire announcement, tensions have escalated dramatically in the Gulf region, highlighting the complex interplay of regional security dynamics. Despite diplomatic efforts to establish a truce, several Gulf nations have reported missile and drone attacks, raising concerns about the stability of peace in this geopolitically sensitive area. The situation underscores…
In a significant diplomatic development, the Democratic Republic of Congo has finalized an agreement with the United States to accept a contingent of deportees from third countries. This arrangement, while marked by logistical challenges and concerns among local populations, reflects a broader dialogue on migration and the complexities of global responsibility-sharing. Stakeholders across the region…
REUTERS/ELIZABETH FRANTZ/FILE PHOTO Renovations continue at the Federal Reserve Board building in Washington, D.C., in November 2025. Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support for tighter rather than looser monetary policy as the Iran war puts upward…
Shares of Samsung Electronics rose as much as 4.8% on Tuesday after the South Korean technology giant forecast record quarterly profit amid strong demand for artificial intelligence chips. Shares later pared gains to close 1.76% higher%. In its preliminary earnings guidance, Samsung projected its operating profit for the January-March quarter to reach 57.2 trillion won…
In this article UMG-NL BOL-FR Follow your favorite stocksCREATE FREE ACCOUNT Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($64.4 billion). Under the terms of the proposal, shareholders would receive a total of 9.4 billion euros ($10.85 billion)…
NEW YORK (AP) — Oil prices plunged below $100 a barrel and Asia markets and U.S. stock futures jumped after the U.S. and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Japan’s benchmark Nikkei 225 rose 4.8% and South Korea’s Kospi gained 5.6%. Futures for the S&P 500…
As global tensions continue to shape political landscapes, the Middle East finds itself at a critical juncture. Recent developments indicate that Israel has expressed support for a ceasefire involving the United States and Iran, raising hopes for reduced hostilities; however, concerns linger regarding ongoing violence, particularly in Lebanon. This situation reflects the complex interplay of…
In a significant diplomatic breakthrough, Iran and the United States have entered into a two-week ceasefire amidst ongoing conflict that has profoundly affected the Middle East. This truce is viewed not only as a temporary pause in hostilities but also as an opportunity for comprehensive negotiations that could reshape the regional landscape. With international responses…
In this article .HSI .N225 .AXJO .KS11 Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets traded mixed on Tuesday following a volatile trading…
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SQUAMISH, British Columbia (AP) — Authorities in British Columbia urged people to stay away from a rock face above a highway in the Canadian province where a red Volkswagen Beetle shell was suspended in an apparent prank by engineering students. BC Parks was working to remove the Beetle and expects to do so within the…
By Echo Wang NEW YORK, April 6 (Reuters) – SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of shares for retail investors and will host 1,500 of them at an event in June following the IPO…
In Mukalla, Yemen, the relentless pursuit of survival dictates the daily lives of many, including dedicated educators like Mohammed Salem. As he balances multiple jobs to provide for his family in the face of a crippling economy, the struggle to uphold the dignity of teaching in an increasingly hostile environment becomes a poignant reflection on…
As the global economy grapples with the ramifications of the ongoing U.S.-Israel conflict with Iran, a noteworthy shift is unfolding. Iran and China are increasingly collaborating to establish the Chinese yuan as a viable alternative to the U.S. dollar, strategically aiming to reshape international financial dynamics and reduce reliance on dollar dominance. This emerging partnership…
Construction is slowing down one of L.A.’s last “easy” travel experiences There was a time when flying out of Hollywood Burbank Airport felt like getting away with something. You could leave your apartment late, breeze through a modest security line, grab a coffee and still make boarding without the ritual stress that defines LAX. It…
Donald Trump’s recent announcement of a two-week ceasefire marks a significant turning point in ongoing negotiations to end hostilities, opening the door to a 10-point peace plan proposed by Tehran. This initiative not only reflects diplomatic efforts but also underscores the potential for collaborative solutions in resolving complex conflicts, fostering stability, and promoting peace in…
In a rapidly evolving geopolitical landscape, recent developments indicate a shift in U.S. military strategy regarding Iran, with implications for regional stability, particularly in Lebanon. As tensions rise, Israeli Prime Minister Benjamin Netanyahu has expressed support for this new truce but has signaled that it will not extend to Lebanon, raising concerns about potential violence…
Two more drug-making giants will officially start selling popular commercial medications on the White House’s discounted pharmaceutical site as soon as Monday, CBS News exclusively learned. American pharmaceutical companies Abbvie and Genentech become the 10th and 11th companies to provide their prescriptions at a reduced rate on the “TrumpRx” site. Abbvie, which struck a deal…
Under the law, swaps include event contracts, judges noted. The Dodd-Frank Act gave the CFTC discretionary power to review and prohibit six categories of contracts if it concludes any violate the public interest. Those categories include gaming contracts. So far, the CFTC “has not yet acted to review or prohibit any sports-related event contracts,” the…
In this article @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Oil prices were little changed Tuesday, after U.S. President Donald Trump made ominous threats against Iran ahead of his deadline for the Strait of Hormuz to reopen this evening. U.S. crude oil for May rose 54 cents to close at $112.95 per barrel. International benchmark Brent crude…
In a significant diplomatic development, Iran’s Foreign Minister, Abbas Araghchi, has indicated that Tehran is open to a temporary ceasefire with the United States, contingent on the cessation of hostilities against Iran. This pivotal moment unfolds against the backdrop of tensions in the Strait of Hormuz, a crucial conduit for global oil shipments, highlighting the…
Trump wrote on Sunday: “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH! Praise be to Allah. President DONALD J. TRUMP”.
The most recent electric vehicle sales data provided a grim picture — at least for new EVs. Sales of new electric vehicles took a beating in the first quarter, falling some 28% year-over-year after the Trump administration axed the $7,500 consumer tax credit, according to Cox Automotive. Used EVs are moving in the opposite direction….
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 7, 2026. Charly Triballeau | Afp | Getty Images The S&P 500 posted a slim gain on Tuesday as traders grew hopeful that a proposal brokered by Pakistan may result in an eleventh-hour…
In this article HUM CVS UNH Follow your favorite stocksCREATE FREE ACCOUNT Administrator for the Centers for Medicare & Medicaid Services Mehmet Oz speaks during an event sponsored by the Action for Progress Coalition, at the National Press Club in Washington, D.C., U.S., Feb. 2, 2026. Al Drago | Reuters The Trump administration on Monday…
In a significant diplomatic gesture, the United States has announced a temporary halt to military operations against Iran, setting the stage for potentially stabilizing relations in a region often marked by tension. This decision, which accompanies a call for the reopening of the vital maritime corridor of the Strait of Hormuz, reflects an evolving geopolitical…
The EPA certification for Rivian’s upcoming R2 was found and posted on Rivian Forums this morning, and it includes some interesting insights about the vehicle – including one note that has fans worried about cold weather range, but we reached out to Rivian to get the facts. The main, headline spec that everyone seems to…