Trump warns Iran of destruction if peace talks fail, as the Strait of Hormuz blockade cuts off 20% of global oil exports. President Donald Trump warned Iran on Sunday that it must accelerate peace negotiations or face total destruction, escalating tensions amid a stalled c
Rising inflation and geopolitical tensions may force Federal Reserve Chair Kevin Warsh to adjust policy goals, risking the current bull market. Federal Reserve Chair Kevin Warsh confronts challenges in implementing his policy agenda as inflation surges to 3.8% year-over-ye
First-quarter upstream mergers in the US reach a two-year high amid expectations of sustained higher oil prices. US upstream mergers and acquisitions totaled $38 billion in Q1 2026, the highest quarterly value in two years. The rebound follows a period of subdued dealmakin
U.S. stance on Iran negotiations remains uncertain as revised terms are sought amid stalled ceasefire talks and rising regional tensions. Trump administration officials are delaying further action on Iran negotiations until Tehran submits a revised offer, despite ongoing b
A drone strike on the UAE's Barakah nuclear plant left safety systems intact but escalated tensions as U.S.-Iran ceasefire talks stall. A drone struck an electrical generator at the UAE’s Barakah nuclear power plant on Sunday, leaving radiological safety levels unaffected
Meeting may address military options, potentially influencing defense and geopolitical risk assets ahead of Tuesday. President Trump is scheduled to meet with top national security officials in the White House Situation Room on May 19, 2026. The agenda is expected to inclu
China agrees to buy $17 billion of US agricultural products China has agreed to purchase at least $17 billion of US agricultural products over the next three years. This commitment follows meetings between President Donald Trump and Chinese President Xi Jinping las
Major benchmarks fell as U.S. inflation data exceeded forecasts and geopolitical risks weighed on investor sentiment. Global stock indexes closed lower for the week as cautious investor sentiment prevailed amid escalating geopolitical risks and inflation concerns. A hotter
President Donald Trump’s financial disclosure reveals unprecedented individual stock trading volume for a sitting U.S. president. President Donald Trump executed 3,642 stock transactions in the first quarter of 2026, valued between $220 million and $750 million, according
Amazon.com is facing a proposed class-action lawsuit from consumers who claim the company kept prices elevated to cover tariffs that were later ruled unlawful by the U.S. Supreme Court, Reuters reported The lawsuit, filed Friday in federal court in Seattle, alleges
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