Ship traffic through the Strait of Hormuz could rise to nearly 50% of prewar levels within a month if the U.S.-Iran deal is implemented without any major setbacks, analysts at the trade data firm Kpler said Monday. Washington and Tehran are expected to sign a deal Friday in Switzerland that will open Hormuz and lift…
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,…
California Gov. Gavin Newsom (R) speaks as his wife Jennifer Siebel Newsom (L) looks on during an election night gathering at the California Democrats headquarters on November 04, 2025 in Sacramento, California. Justin Sullivan | Getty Images California Gov. Gavin Newsom on Monday accused President Donald Trump of ordering the Department of Justice to investigate…
Stock market bulls are eating well to kick off a new week of trading. Oil is nosediving Monday on news of a memorandum of understanding to end the U.S.-Iran war and reopen the vital Strait of Hormuz. That’s improving the inflation outlook and sending bond yields lower — just in time for Federal Reserve Chairman…
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods, the sporting goods retailer, announced a partnership to expand Lids shops to 100 Dick’s stores nationwide, the company said in a press release on Monday. “Our athletes…
Vice President JD Vance said Monday he expects the U.S.-Iran deal will open the Strait of Hormuz without tolls for the long term, but shippers say the arrangement to cross the sea lane remains unclear. “Our expectation is that the strait is going to be opened in a toll-free way for the long term, and…
Senior Anthropic staffers are meeting with Trump administration officials in Washington, D.C., on Monday to try to resolve the artificial intelligence company’s latest high-profile dispute with the U.S. government, according to a source close to the company. Anthropic received an export control directive on Friday that cited “national security authorities” and ordered the company to…
The electronic news ticker of Fox News reads headlines at the News Corp. Building in the Midtown Manhattan area of New York City, U.S., July 20, 2025. Eduardo Munoz | Reuters Fox Corp. has reached an agreement to acquire Roku for roughly $22 billion, marking another chapter in media consolidation as the industry grapples with…
Vice President JD Vance on Monday said after the U.S. and Iran struck a preliminary deal that there are “a lot” of details that remain to be ironed out, but he expressed confidence that America has “all the cards” in subsequent talks. Vance told CNBC’s “Squawk Box” that Iran’s foreign minister Abbas Araghchi is expected…
Federal Reserve Chairman Kevin Warsh departs from the East Room of the White House after a swearing-in ceremony, May 22, 2026. Aaron Schwartz | AFP | Getty Images U.S. Treasury yields fell on Monday as the announcement of a preliminary peace agreement between Washington and Tehran shifted investor expectations for inflation and the outlook for…
