Iran war ‘very close to over,’ Trump says — and the stock market ‘is going to boom’
The U.S. has beaten Iran “militarily” and that the war is “very close to over,” Trump said, claiming a peace deal likely.
Bank of America is set to report earnings. Here’s what to expect
Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.
Walmart is refreshing the look of Great Value, its largest private label brand
The nation’s largest grocer is giving the brand a more modern and colorful spin as other retailers invest in private label.
Russia offers China energy lifeline as the Iran war strangles global supply
“Russia can certainly fill the resource gap that has arisen in China,” Russian foreign minister Sergei Lavrov said Wednesday.
Trump renews criticism of UK, saying it should ‘drill, baby, drill’ for North Sea oil
Trump’s comments come at a time when the U.K. government has said the Iran war energy shock shows the need “to get off the fossil fuel rollercoaster.”
Why Wells Fargo says it might be time to take profits on energy — even as the bank hikes its oil price forecasts
Oil prices are likely to remain well above their levels prior to the Iran war, the consequences of which have choked global supply for the foreseeable future.
Chinese robotaxi companies forge ahead with UAE expansion despite Iran war
Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates later this year.
Kering stock slumps 6% after Gucci sales drop, Iran war weighs on earnings
While results underwhelmed, investors’ attention is firmly on the company’s Capital Markets Day Thursday, where CEO de Meo will present a new strategic roadmap.
Trump takes aim at Pope Leo again, days after calling him ‘weak on crime’
Trump’s remarks came amid a running spat between the White House and the Vatican over the U.S.-Israel war against Iran.
Share of 7-year car loans grows as buyers ‘work harder to make the numbers fit,’ expert says
With the amount financed reaching an all-time high, more car buyers are stretching out their loans to at least seven years to afford the monthly payments.