A report saying an advisor to Defense Secretary Pete Hegseth tried to buy a fund investing in defense companies highlights just how poorly the sector has traded since the Iran conflict began.
MarketWatch
Oil holds near four-year high on unclear plan for future reopening of Strait of Hormuz
President Donald Trump reportedly told aides he would end the war in Iran without reopening the trade route
Stock futures jump, oil prices retreat on report Trump willing to end war
The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports
Most people have already gotten their tax refunds. That’s bad news for restaurants and retailers.
A $1 increase in gas prices can lead to around six fewer drive-thru customers a day, a recent analysis found.
Want to watch all of the Yankees’ games on TV this season? It’ll cost you over $1,200.
To show how expensive and complicated it can be to watch all of an MLB team’s games, we looked at the Yankees, who will appear on 10 different networks or streaming platforms this season.
U.S. stocks are faring worse than during past geopolitical shocks — and there’s plenty of room for them to fall further
The S&P 500 is down 7.4% since the Iran conflict began — worse than the median 6.1% decline during previous geopolitical shocks.
This AI power company’s Trump-named power project still has no customers in sight
Fermi’s stock sank to a record low, as Project Matador has yet to secure its first client, and the company didn’t provide clarity on when it would.
Microsoft’s stock may extend a record stretch of lagging performance that’s ignited fierce debate
Analysts are divided over whether Microsoft’s diversified business model is a long-term AI advantage or a convenient present-day excuse.
This is a reason the Middle East’s major oil-producing countries have been selling their U.S. Treasurys
A need for liquidity may be playing a role in the decision of some countries to reduce their holdings of U.S. government debt.
Fed chief Powell says risks to economy suggest rates could go lower or higher
Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.