US Politics & Business News
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Tuesday was the kind of day Wall Street had been desperate for since February 28. The Dow Jones jumped 1,125 points, the S&P 500 surged 2.91%, and the Nasdaq advanced 3.83% — each index posting its biggest single-day gain since May — after Iranian President Masoud Pezeshkian signalled publicly that Tehran has the “necessary will”…
The Wall Street Journal dropped a significant story late Monday night that immediately sent futures higher and oil prices tumbling: Trump has privately told senior aides he is willing to end the military campaign against Iran even if the Strait of Hormuz remains largely blocked. The report, citing administration officials, said Trump and his team…
Nike is scheduled to report its fiscal third quarter results after the close of trading on Tuesday, and the earnings print carries an unusual weight in the current environment — not because of anything Nike-specific, but because of what it might reveal about American consumers navigating a world of $100-plus oil prices. Analysts expect earnings…
The annual Conservative Political Action Conference wrapped up in Dallas on Saturday with a notable absence at its centre: President Trump skipped the event entirely, breaking a decade-long tradition of closing the conference with a signature rally. His absence comes exactly one month after the United States launched strikes against Iran — a military operation…
Even in a week dominated by geopolitical anxiety and falling equities, one story managed to generate genuine excitement on Wall Street: the imminent prospect of a SpaceX IPO. Reports emerged that Elon Musk’s aerospace company could file its S-1 prospectus with the SEC as early as this week, kicking off what would be the largest…
The US war with Iran — launched without a Congressional vote and now in its fourth week — is beginning to fracture the Republican unity that Trump typically relies upon for military and foreign policy initiatives. A closed-door briefing for the House Armed Services Committee on Wednesday involving Department of Defense and intelligence officials left…
Markwayne Mullin was sworn into office as the ninth Secretary of the Department of Homeland Security on Tuesday in an Oval Office ceremony administered by Attorney General Pam Bondi, the day after the Senate confirmed his nomination in a 54-45 vote. His arrival at DHS comes at one of the most turbulent moments in the…
Monday was the most consequential day for US markets since the Iran war began on March 1, and it started not with a policy announcement or a diplomatic breakthrough, but with a Truth Social post. Trump wrote that the US and Iran had held talks, that strikes on power plants were being postponed five days,…
Three weeks of air strikes, thirteen American military deaths, over 230 wounded, and a $200 billion funding request sitting unanswered at the White House — and still no formal congressional vote authorising any of it. The Iran war has entered a phase where the political architecture around it, carefully constructed by the administration through party…