Author: Editor-In-Chief
Oil prices again approached $100 on Thursday as tanker traffic through the Strait of Hormuz remained very low and there was no clear path to fully reopening the vital sea lane. international benchmark brent Oil for June delivery rose nearly 5% to close at $99.39 per barrel. west texas intermediate Oil prices rose about 4% in May, settling at $94.69 per barrel. Several oil tankers pass through the strait each day as the U.S. Navy closes Iran’s coast and the Iranian government threatens to retaliate against ships in the Persian Gulf. President Donald Trump told reporters Thursday that the United…
U.S. Sen. Ron Wyden (D-Ore.) speaks as U.S. Trade Representative Jamison Greer testifies during a Senate Finance Committee hearing on U.S. President Donald Trump’s trade policy at the Capitol in Washington, DC, on April 8, 2025. Kevin MohatreuterThe House and Senate on Friday approved a short-term expansion of a section of federal law that allows for warrantless surveillance and collection of foreign information, but updates beyond the end of this month remain in jeopardy.Section 702 of the Foreign Intelligence Surveillance Act of 1973 is scheduled to expire on Monday and allows the government to collect the communications of people outside…
A new search engine that allows users to search Nazi Party records to find out whether their ancestors were cardholders has been accessed millions of times since it went live earlier this month. The vast database was provided by the German newspaper Die Zeit with the aim of “putting an end to the silence born of misplaced shame,” according to the paper’s editorial. It operates in cooperation with archives in Germany and the United States. Founded after World War I, Hitler’s party did not really become popular until the economic collapse of the Great Depression. Support for the party surged…
Arsenal’s victory over Manchester City on Sunday will not only be a huge step towards the Premier League title, but it will also finally prove that Mikel Arteta can perform when it matters most.The thrilling showdown at the Etihad Stadium, which will be broadcast live on Sky Sports, is not a must-win for Arsenal from a league position perspective. A draw would be enough to keep Man City at arm’s length with little margin for error in the final month. But for Arteta, victory would be a decisive moment with one year remaining on his contract. In any case, Arsenal…
Traders at work at the New York Stock Exchange on April 16, 2026. new york stock exchangeU.S. stocks rose to record highs on Thursday and continued to rise on Friday on economic forecasts warning of slower growth due to war, oil supply shocks and prolonged conflict. Many investors may be thinking: Economists and market analysts say that’s largely because the stock market is a barometer of what investors think will happen in the future, rather than current valuations. Investors are essentially ignoring the Middle East conflict as a temporary event that will be resolved relatively quickly, he said. “The stock…
1. Peace negotiationsU.S. President Donald Trump speaks with members of the media on the South Lawn of the White House before boarding Marine One on Thursday, April 16, 2026 in Washington, DC, USA. Graham Sloan | Bloomberg | Getty ImagesStocks rose in yesterday’s trading after President Donald Trump announced that Israel and Lebanon had agreed to a 10-day ceasefire and would invite the leaders of both countries to the White House for peace talks. Iran has previously claimed that Israel’s attack on Lebanon was a violation of its own ceasefire with the United States.Here’s what you need to know:2. Closing…
Anthropic on Friday announced the launch of Claude Design, a new experimental product that allows users to use Claude to create visuals such as prototypes, slides, and one-sheet materials. The company says Claude Design aims to make it easier for founders, product managers, and other people without design experience to share ideas. With Claude Design, you write what you want and Claude creates an initial version. From there, users can directly edit or request to adjust the visuals. For example, you could ask Claude, “Create a prototype for a quiet mobile meditation app. I want calming typography, subtle nature-inspired colors,…
Traders work on the floor of the New York Stock Exchange (NYSE) as the opening bell rings on April 16, 2026. Timothy A. Clary | AFP | Getty ImagesUS stocks soared on Friday after Iran declared the Strait of Hormuz “fully open” following the announcement of a ceasefire between Israel and Lebanon.of Dow Jones Industrial Average It increased by 945 points (2%). of S&P500 rose 1.3% to exceed 7,100 for the first time. Nasdaq Composite rose 1.6%, both hitting new intraday highs. of russell 2000 It also hit a new high. The small-cap index’s most recent increase was 2.2%.In a…
Big Tech stocks are on track to end a big week on Friday, oracle, advanced micro device and microsoft We plan to record historic gains and benchmarks.Oracle is up 32% week-to-date, marking its best week since October 1999. The company expanded its power contract for artificial intelligence data centers. bloom energy On Monday, it signed a contract for 1.2 gigawatts of capacity from Broome. Oracle was issued a warrant last week to buy $400 million in Bloom stock.AMD is up 13% this week, hitting a record high on Thursday and is up more than 40% for its 12th straight day…
Rep. Sam Licciardo, D-Calif., attends a press conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, on March 13, 2025.Tom Williams | CQ-Roll Call Inc. | Getty ImagesRep. Sam Licciardo, D-Calif., is investigating whether the nation’s top financial regulator is investigating a number of transactions made just before President Donald Trump provided a major update on the Iran war. In a letter to Securities and Exchange Commission Chairman Paul Atkins and Commodity Futures Trading Commission Chairman Michael Selig, shared exclusively with CNBC on Friday, Ricardo said he…