News
Treasury yields rise as collapse of Iran talks clouds inflation outlook
2+ hour, 5+ min ago (321+ words) Treasury yields edged higher on Monday as the'breakdown of negotiations'between Iran and the U. S. clouded the inflation outlook once again. The yield on the'10-year U. S. Treasury'note " the benchmark for government borrowing " was up more than 1 basis point at 4. 333%. The'2-year Treasury…...
Open AI announces first permanent London office after halting UK Stargate project
2+ hour, 6+ min ago (582+ words) In February, the company said it would make London its largest research hub outside of the U. S. - Open AI announced on Monday that it's opening its first permanent London office. - The space will have capacity of over 500 team members, more than…...
Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran
2+ hour, 23+ min ago (806+ words) U. S. President Donald Trump on Sunday threatened to impose a 50% tariff on China, after a report emerged that Beijing was preparing to deliver a shipment of new air defense systems to Iran. Trump's comments, made in a televised phone call with…...
Hormuz blockade could deepen world's worst energy crisis " and risk a dangerous misstep
3+ hour, 38+ min ago (947+ words) President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle East and escalating a standoff with Iran that has already triggered the worst energy…...
From panic to pricing in: Are markets past 'peak fear and sell-off' despite oil price surge?
4+ hour, 56+ min ago (598+ words) The U. S. move to blockade the critical Strait of Hormuz has led to a familiar market response: surging crude prices, rising bond yields and a firmer dollar. But this time, the reaction has been notably restrained, barring oil movements. Equities fell…...
European stocks set to start the week lower as Iran peace hopes fade
4+ hour, 59+ min ago (293+ words) LONDON " European stocks are expected to start the new trading week on a somber note as global traders assess developments in the Middle East over the weekend. The U. K.'s FTSE index is seen opening 0. 62% lower, with Germany's DAX down 1. 45%, France's…...
Why pressure is mounting at oil giant BP ahead of its annual general meeting
5+ hour, 10+ min ago (774+ words) A growing chorus of dissenting investors appear to be ramping up the pressure on BP ahead of its annual general meeting. The Local Authority Pension Fund Forum (LAPFF), a top U. K. pension fund body, said late last week that it would…...
Goldman Sachs is set to report first-quarter earnings " here's what Wall Street expects
6+ hour, 9+ min ago (186+ words) Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here's what Wall Street expects: Goldman Sachs is set up to benefit from several trends during the first quarter. Trading desks across Wall Street have been busy…...
Trump blasts Pope Leo for criticism of U. S. foreign policy
8+ hour, 42+ min ago (571+ words) - President Donald Trump on Sunday blasted Pope Leo XIV over the pontiff's criticism of the U. S. war with Iran. - The president said he does not "want a Pope who criticizes the President of the United States because I'm doing exactly what…...
Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations
9+ hour, 19+ min ago (188+ words) Rep. Eric Swalwell on Sunday evening said he was suspending his campaign for California governor on the heels of sexual misconduct allegations against the Democratic lawmaker. "To my family, staff, friends, and supporters, I am deeply sorry for mistakes in…...