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…
A motorist gets gas at a Shell station in Miami on April 13, 2026. Joe Raedle | Getty Images Investors cheered the prospect of a U.S.-Iran peace deal on Monday, but oil price volatility is likely to continue in the near term, as analysts warned that energy markets now face a “geopolitical risk premium” after…
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil prices tumbled after President Donald Trump said the U.S. has completed a deal with Iran to reopen the Strait of Hormuz. U.S. crude oil futures for July…
SpaceX CEO Gwynne Shotwell and executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares jumped in premarket trading on Monday following its record-breaking debut last week on the Nasdaq, which marked the biggest initial public offering in history. Shares of SpaceX were around 6% higher at…
