Shares of Brown-Forman surged, after Bloomberg reported that Pernod Ricard was looking into a potential acquisition of the Jack Daniel’s whiskey parent.
MarketWatch
Trump pauses plans to attack Iranian energy infrastructure, as Nasdaq falls into a correction
The U.S. president said he would pause attacking Iran’s energy infrastructure for another 10 days late Thursday as stocks tumbled.
Trump says he’ll order that TSA officers be paid, in a move that could end long waits at airport security
President Donald Trump late Thursday said he would sign an executive order to “immediately” pay Transportation Security Administration workers who have gone without pay during a long-running partial government shutdown.
Big Tech’s AI fantasy hits a nuclear wall: No fuel, no welders — and no Plan B
Big Tech is buying small reactors. Washington is buying time. Russia and China? They rule the nuclear-power world.
This map shows a crude ticking time bomb that hits much of the world’s oil supply in April
Disruptions in the flow of oil through the Strait of Hormuz over the past four weeks will unleash a “sequential” shock to global supplies that’ll run from east to west with much of the world taking a hit by April, according to strategists at J.P. Morgan.
Why software stocks proved resilient on a dismal day for tech
Even as the Nasdaq slid into correction territory, shares of prominent software companies like Salesforce, CrowdStrike and Figma finished the session higher.
Why Tesla isn’t getting a boost from high gas prices
Higher EV prices and borrowing costs may be turning prospective buyers away.
Trump pauses plans to attack Iranian energy infrastructure, as Nasdaq falls into correction territory
Trump said he would pause attacking Iran’s energy infrastructure for 10 days late on Thursday as stocks tumbled
Here’s the big risk facing markets — besides inflation — as the Iran conflict drags on
The chances of accelerating U.S. inflation are growing with each passing day as the war in the Middle East continues, with the average price of gasoline nationwide spiking to almost $4 a gallon as of Thursday. But there’s another thing American consumers and investors should feel nervous about: the prospect of deflation.
Iran’s ‘economic heartbeat’, Kharg Island, may be the next battleground as Trump’s 5-day pause ends this weekend
President Donald Trump’s five-day pause on a planned U.S. attack on Iran’s energy infrastructure ends this weekend — putting Iran’s critical oil-export hub, Kharg Island, in the spotlight as the next potential target.