Shipping through the Strait of Hormuz slumped back down again Monday, reversing a jump on Sunday, as caution mounted ahead of a US naval blockade.
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Shipping through the Strait of Hormuz slumped back down again Monday, reversing a jump on Sunday, as caution mounted ahead of a US naval blockade.
President Donald Trump said he ordered the U.S. Navy to find and interdict any ship in international waters that has paid a toll to Iran to transit the strait.
Goldman Sachs posted record equities trading revenue for the first quarter, helping propel the overall firm to its second-highest quarterly revenue.
Treasury yields were little changed on Monday as the breakdown of negotiations between Iran and the U.S. clouded the inflation outlook once again.
In an internal memo, OpenAI's new revenue chief pointed to the artificial intelligence company's ongoing effort to reduce its reliance on Microsoft.
Photography company Eastman Kodak has seen its fair share of financial struggles, but CEO Jim Continenza is determined to fuel its success.
Brazil’s deposit insurance fund FGC is refusing to extend a loan to Banco de Brasilia SA, the lender facing financial strain due to its ties to Banco Master SA, until BRB can quantify its losses and specify how much capital it needs to survive.
Emerging-market currencies pared earlier losses on Monday as oil prices retreated, easing some of the risk-off pressure across EM assets as the deadline passed for the US blockade of the Strait of Hormuz to come into effect.
Revolution Medicines' drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, the company said.
Leo, the first U.S.-born pope who hails from Chicago, has condemned Trump's war effort with Iran.
President Donald Trump has denied sending a bawdy 50th birthday letter to his then-friend Jeffrey Epstein at the request of Ghislaine Maxwell.
The U.S. blockade would apply to "any and all Ships trying to enter, or leave, the Strait of Hormuz," President Donald Trump said.
Two health-care companies began formally marketing US initial public offerings raising as much as $693 million in aggregate, as listing activity in the once-prolific sector increases.
Goldman Sachs posted record equities trading revenue for the first quarter, helping propel the overall firm to its second-highest quarterly revenue.
The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports. President Donald Trump and the Pentagon both said the blockade would be starting at 10 a.m. Eastern.
Billionaire Cristina Junqueira had a hard time getting a credit card after landing in Miami last year with her husband and four kids in tow.
Election winner Peter Magyar said Hungary’s adoption is in the nation’s interest, adding he wasn’t able to give a specific target date for the switchover.
Exports of mostly Kazakh oil from a port on Russia’s Black Sea coast are set to match a record next month, offering a degree of relief to European refiners who have been struggling to secure supplies following the effective closure of the Strait of Hormuz.
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With 80% equity cushions and 10-year lockups, Wall Street’s “anti-banks” won’t face a “Lehman moment.”
Pakistan’s Prime Minister Shehbaz Sharif said efforts are ongoing to resolve the outstanding issues between the US and Iran.
Pakistan’s Prime Minister Shehbaz Sharif said efforts are ongoing to resolve the outstanding issues between the US and Iran.
US natural gas futures rose alongside oil prices as renewed risk to energy flows out of the Persian Gulf triggered financial inflows into baskets of energy products. Weather forecasts also shifted cooler, indicating modestly higher demand for the heating and power-plant fuel.
US natural gas futures fell midday erasing earlier gains as traders weighed forecasts for mild weather and a growing surplus of domestic stockpiles relative to the five-year average.