Another superb week for stocks is in the books. The S & P 500 and Nasdaq rallied on Friday to close out the week at a record high as Wall Street celebrated another solid batch of earnings and a strong-but-not-too-strong jobs report, while holding out hope for an end to the hostilities in the Mideast….
A huge art work banner newly posted on the corner of Vali Asr Square depicts Iranian missiles with messages addressing Minab schoolgirls and victims of Epstein Island on March 17, 2026 in Tehran, Iran. = Kaveh Kazemi | Getty Images The U.S. is imposing sanctions on companies and individuals across the Middle East and China…
A screengrab from a video released by U.S. Central Command (CENTCOM), which accompanied a press release describing the operation dubbed “Epic Fury”, an attack by the United States and Israel on Iran, shows a flight deck crew member signaling an F‑35 jet on an aircraft carrier, in this image obtained from social media released on…
U.S. Secretary of State Marco Rubio speaks to the press at the US Embassy in Rome on May 8, 2026. Stefano Rellandini | AFP | Getty Images U.S. Secretary of State Marco Rubio said the U.S. is expecting a response on Friday from Iran on the proposal to end the war. “We should know something…
Campaign signage showing Virginia’s current electoral map alongside the proposed electoral map at a Republican Party volunteer table outside a polling location at Burke Centre Library in Burke, Virginia, US, on Saturday, April 18, 2026. Graeme Sloan | Bloomberg | Getty Images The Virginia Supreme Court on Friday struck down the state’s recently passed redistricting…
Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million…
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs…
A sign displays fuel prices at a Shell gas station in downtown San Diego, California, US, on Monday, May 4, 2026. Ariana Drehsler | Bloomberg | Getty Images Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of May, according to a University of Michigan…
Traders are embracing the “NACHO” trade, a new Wall Street acronym for “Not A Chance Hormuz Opens.” as investors grow skeptical the Strait of Hormuz crisis will end soon. Maica | Istock | Getty Images Move over TACO trade. Traders now have a new acronym for a market increasingly skeptical that the Strait of Hormuz…
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images The U.S. and Iran opened fire in the Strait of Hormuz, with each side claiming the other initiated the attack. The renewal of hostilities further imperils…
