US and Iran Halt Strikes, Set Tuesday Talks on Hormuz Control
The US and Iran paused tit-for-tat strikes with new talks scheduled, following clashes over the Strait of Hormuz. Markets reacted positively as oil prices eased and stocks rose amid the fragile truce.
Outlets Misreport Comcast Split as Full NBCU Spinoff
The company will separate its cable operations from NBCUniversal and Sky, creating two public entities. Stock surged on the announcement as investors assess the restructuring.
DSA Wins in NYC Primaries Spur Party Direction Debate
Zohran Mamdani-backed socialists eye national expansion after primary wins, drawing both enthusiasm and warnings from across the spectrum. Debates intensify over messaging and party direction ahead of midterms.
Supreme Court to Rule on Trump Power Over Citizenship and Agencies
Justices are set to rule on birthright citizenship, Federal Reserve independence, and other challenges to presidential authority. Internal divisions are sharp as the term concludes.
South Korea Pledges Over $1 Trillion for AI and Chip Expansion
Samsung and SK Hynix lead massive spending on semiconductors, data centers, and AI infrastructure to meet global demand. The move has major implications for US tech markets and supply chains.
US Economy Shows Mixed Signals on Growth and Inflation
Strong job gains and consumer spending contrast with elevated inflation above 4%. Markets weigh Fed policy paths amid steady but uneven data releases.
Stock Futures Rise as US-Iran Tensions Ease Ahead of Jobs Data
Tech stocks and broader indices gained in futures trading as Mideast tensions eased. Investors monitor manufacturing data and borrowing costs amid the relief rally.