A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman, on June 21, 2026, as they prepare to transit through the critical Strait of Hormuz. Shady Alassar | Anadolu | Getty Images Iran was behind an attack on a cargo ship near…
Julia Pentasuglio, a student at Loyola University and managing editor of The Loyola Phoenix newspaper, types on her laptop at the university newsroom in downtown Chicago, Illinois, Nov. 11, 2025. Carlos Barria | Reuters A federal judge temporarily blocked a new Trump administration rule that limits how much certain graduate students can borrow based on…
Acting U.S. Attorney General Todd Blanche speaks at a press conference at the Department of Justice on May 4, 2026 in Washington, DC. Kevin Dietsch | Getty Images A federal judge on Thursday said a lawsuit challenging the Department of Justice‘s creation of a $1.8 billion “anti-weaponization” fund will proceed, citing the DOJ’s refusal to…
Priscilla Chan (R) and her husband Mark Zuckerberg announce the Chan Zuckerberg Initiative to “cure, prevent or manage all disease” by the end of the century during a news conference at UCSF Mission Bay in San Francisco. Beck Diefenbach | Reuters Biohub, a Chan Zuckerberg Initiative-funded non-profit research organization, announced Thursday that it will open…
JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors. Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since…
Signage for a Wendy’s restaurant in Brampton, Ontario, on April 21, 2026. Mike Campbell | Nurphoto | Getty Images Wendy’s shares failed to extend their rally for a second day on Thursday after the fast-food chain became the latest target of retail traders. The company’s stock fell nearly 7% after surging by double digits earlier…
The Club’s 10 things to watch Thursday, June 25 1. The tech-heavy Nasdaq is set to rally today , led by semiconductor stocks after memory chipmaker Micron signaled supply still can’t keep up with growing AI-fueled demand. S & P and Dow futures are also positive, but to a much smaller degree. U.S. benchmark WTI…
The Federal Reserve’s primary price gauge rose at its highest core level since 2023, reinforcing the central bank’s recent tough talk on inflation. The personal consumption expenditures price index showed inflation running at a seasonally adjusted 4.1% annual rate, the highest since April 2023, according to a Commerce Department report Thursday. On a monthly basis,…
An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company’s fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket…
Johner Images | Johner Images Royalty-free | Getty Images Americans are increasingly worried that retirement will be less secure for them than it was for their parents. About 76% of workplace savers surveyed said they believe their generation will have less certainty about retirement income than previous generations, according to a new BlackRock survey. The…
