Iran sent its response to the latest U.S. ceasefire proposal via Pakistani mediators and wants negotiations…
Category: Finance News
The Strait of Hormuz crisis shows energy security is now a boardroom issue
For many corporate leaders, energy risk means just higher fuel and electricity bills. Spiking oil prices…
Markets dip as US-Iran ceasefire goes nowhere, leaving Trump with a military option to reopen Hormuz
Hopes for a peace deal with Iran waned on Sunday, raising the risk that the global…
Mah Sing sees natural ‘spillovers’ from Malaysia’s strong growth
A Malaysian property developer founded six decades ago as a plastics trader is repositioning itself for…
Mexican cartel armed with powerful weapons and explosives launched from drones attacks rural homes
Between 800 and 1,000 families have been forced to flee their homes in the mountains of…
Market guru Yardeni sees S&P 500 hitting 8,250 this year as earnings bolster ‘Roaring 2020s’
Yardeni Research President Ed Yardeni, who has been beating the drum about another Roaring Twenties since…
Netanyahu says war with Iran isn’t over, need to secure uranium
The US-Israeli war with Iran is “not over” because there’s nuclear material in the country that…
World’s largest oil company reports 25% profit jump as exports bypass Strait of Hormuz closure
Aramco, the world’s largest oil company, reported Sunday that its first quarter profits jumped 25% over…
The global economy is in the largest capex cycle ever, with $5 trillion by the end of the decade
AI hyperscalers aren’t the only big spenders fueling the economy and financial markets as the energy…
AI wins have Alphabet poised to become world’s biggest company
Over the past year, Alphabet Inc. has gone from an artificial intelligence afterthought to the one…
Frontier swoops in after Spirit fails while rivals cut capacity
While most airlines in the US are cutting back on capacity expansion — or reducing flying…
Iran ceasefire tested as drone hits cargo ship off Qatar while Kuwait and UAE repel drone attacks
The shaky ceasefire in the Iran war was tested again on Sunday when a drone set a…
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues…
Blackstone CEO admits his first big investment loss nearly brought him to tears
“It was the third investment in the firm’s history…I had never made investments. And I didn’t…
‘Americans are literally getting squeezed’: A top economist on why your wages are disappearing
Consumer sentiment in the U.S. has officially never been worse. The University of Michigan’s final April…
Meet Goldman’s athlete whisperer: the woman who guards against $1B of fraud targeting sports wealth
When a star athlete gets their jersey retired, Nicole Pullen Ross might be in the room.…
‘I lost more money than anybody in the history of capitalism!’: Remembering Ted Turner
Ted Turner, who died this Wednesday at 87, didn’t do anything halfway. In October of 2006,…
AI generated identical resumes for a man and a woman: Hers was more likely to be labeled ‘weak’
If you’re using AI for professional work purposes and are wondering if you’re being judged for…
UFO files show Buzz Aldrin saw a ‘bright light source’ that the Apollo 11 crew felt could be a laser
Buzz Aldrin observing a “fairly bright light source” while aboard the Apollo 11. A mysterious object…
The government must issue more debt than expected on weak cash flow — ‘the bond market is shouting’
The Treasury Department announced this week that it expects to borrow more than anticipated in ?the…
Iran war is draining world’s oil buffer at an unprecedented pace
The world has burned through oil inventories at a record speed as the Iran war throttles…
UK moves warship to Middle East for potential Hormuz mission
The UK will deploy one of its warships to the Middle East as part of planning…