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Traders work on the floor of the New York Stock Exchange on March 5, 2026.Brendan McDiarmid | ReutersStocks resumed their decline on Thursday after a one-day hiatus as U.S. crude oil soared above $80 a barrel and concerns about a war with Iran reignited.of Dow Jones Industrial Average It fell 784.67 points (1.61%) to 47,954.74. of S&P500 It fell 0.56% to 6,830.71. Nasdaq Composite It fell 0.26% to 22,748.99. The decline in stocks was led by boeing, caterpillar Other businesses that stand to lose the most if the global economy slows down.As crude oil prices soared, West Texas Intermediate Crude…
Shares of optical equipment maker Corning are plummeting on Thursday, likely in response to comments from popular Broadcom CEO Hock Tan on the company’s earnings call the night before. However, the market reaction appears to be a clear overreaction based on Corning’s own guidance and industry outlook. A key pillar of Corning’s investment thesis is the expanded use of fiber optic technology in data centers, which will eventually replace copper as the means of data transmission. On Wednesday night, Tan offered his opinion on the move, and his commitment to copper in certain use cases appears to be what is…
Kristi Noem speaks at the Compassionate Sergeants’ Conference at the Grand Hyatt in Nashville, Tennessee, on March 5, 2026, shortly after President Donald Trump announced his successor as Secretary of Homeland Security.Nicole Hester | via ReutersDemocrats said Thursday that President Donald Trump’s firing of Homeland Security Secretary Kristi Noem will not break the DHS funding logjam.President Trump announced his dismissal in a post on Truth Social on Thursday and nominated Sen. Markwayne Mullin (R-Okla.) to replace him. His firing comes amid a funding lapse for DHS that began on February 14th. Democrats are trying to negotiate new immigration enforcement policies…
The US president says he is “fully supportive” of a Kurdish ground attack on Iran amid reports that the US government is fomenting an insurgency.listen to this article | 3 minutesinformationPresident Donald Trump has expressed public support for a possible Kurdish attack on Iran, as the United States pushes to destabilize the country’s ruling system.Asked on Thursday about the prospect of a Kurdish insurgency in Iran, the US president told Reuters: “I think it’s great that they want to do that. I’m all for it.”Recommended stories list of 3 itemsend of listMultiple US media outlets reported that President Trump called…
The United States and Israel launched a joint attack on Iran on Saturday, killing the country’s supreme leader Ayatollah Khamenei.Iran responded with a series of unprecedented attacks across the Middle East, targeting Israel and several countries that host U.S. military bases, including Bahrain and the United Arab Emirates.As the conflict escalates, Israel and Hezbollah are also trading blows.Both U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have said the primary objective is to protect their respective countries from the immediate threat posed by Iran, most notably to prevent the Islamic regime from acquiring nuclear weapons, without providing evidence…
Amazon Web Services on Thursday announced the launch of Amazon Connect Health. This AI agent-powered platform aims to help healthcare organizations automate repetitive administrative tasks such as appointment scheduling, documentation, and patient verification. Amazon Connect Health is HIPAA compliant and connects with electronic health record (EHR) software. The company says the platform is currently partnering with EHR software providers, data integrators and patient engagement companies. This is not the cloud giant’s first move in the healthcare space, and comes at a time when AWS is increasingly looking to expand its footprint in the $5 trillion U.S. healthcare industry. In 2018,…
CNBC’s Jim Cramer said oil markets may be signaling a war with Iran won’t cause long-term disruptions to global oil supplies, a dynamic that could push stocks beyond Wednesday’s gains. “The oil market always seems to know everything,” Cramer said on “Mad Money,” pointing to the decline in major energy stocks as crude oil futures had their calmest session this week. shares of exxon mobil It closed 1.3% lower on Wednesday. conocophilips down 2.4%, halliburton It’s down nearly 2%. Meanwhile, global oil benchmark Brent crude settled flat on the day after rising 6.7% and 4.7% on Monday and Tuesday, respectively.…
New York Times columnist Andrew Ross Sorkin and Anthropic CEO and co-founder Dario Amodei speak on stage at the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center in New York on December 3, 2025.Michael M. Santiago | Getty ImagesThe Department of Defense has formally notified Anthropic executives that the company and its products have been designated as a supply chain risk, effective immediately, a senior department official said Thursday. “From the beginning, the fundamental principle has been that the military can use technology for any lawful purpose,” the official told CNBC. “The military will not allow vendors…
President Donald Trump speaks at an event celebrating the 2025 MLS Cup champion team, Inter Miami CF, in the East Room of the White House on March 5, 2026.Win McNamee | Getty ImagesPresident Donald Trump signaled Thursday that his administration would shift its sights to Cuba after the U.S. military operation in Iran ends.President Trump participated in a visit to 2025 Major League Soccer champion Inter Miami CF and said at the White House, “What’s happening in Cuba is amazing.””We want to solve the problem. We want to end this problem first, but it’s only a matter of time,” Trump…
The lawsuit blocks the 10% tariffs that President Trump immediately imposed after the U.S. Supreme Court invalidated earlier tariffs.listen to this article | 4 minutesinformationPublished March 5, 2026March 5, 2026Click here to share on social mediaShare 2shareplus 2 googleAdd Al Jazeera to GoogleinformationIn the first legal challenge to President Donald Trump’s new 10% global tariffs, a group of 24 U.S. states sued the administration, arguing that the president cannot use his new legal authority to circumvent a recent U.S. Supreme Court ruling that invalidated most previous tariffs on imported goods.In Thursday’s lawsuit, Democratic-led states including New York, California and Oregon…