Japan’s Nikkei 225 tops 64,000 for first time as oil falls on Hormuz reopening hopes
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading. Source link
Donald J. Trump
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Oil prices fall after Trump says Iran talks ‘constructive’
Crude oil prices fell more than 4% on Sunday after President Donald Trump indicated that talks with Iran to reopen the Strait of Hormuz are advancing, though he said the U.S. would not rush a deal. West Texas Intermediate futures fell about 5% to $91.65 per barrel by 7:13 p.m. ET. International benchmark Brent futures…
How one medical supply CEO is navigating the oil price shock
A few months ago David Navazio, founder and CEO of medical supply company Gentell, had never heard of the Strait of Hormuz. But now, the narrow waterway thousands of miles away from the company’s headquarters in Yardley, Pennsylvania, is impacting the company’s operations in more ways than one. Chief among them is price, with Gentell…
Trump says Iran talks proceeding in ‘orderly and constructive manner’
US President Donald Trump holds an umbrella as he steps off of Air Force One upon arrival at Joint Base Andrews in Maryland on May 22, 2026. Brendan Smialowski | Afp | Getty Images President Donald Trump on Sunday said talks to end the war with Iran and reopen the Strait of Hormuz are proceeding,…
Bulls push S&P 500 back near records. What drove the market last week
Stock market bulls wrestled back control last week after a brief respite, putting the S & P 500 back on the cusp of another record high. The index has now advanced for eight straight weeks since its Iran wartime bottom on March 30, its longest winning streak since late 2023, when it strung together nine…
Stephen Colbert returns to TV on local Michigan station
The Late Show with Stephen Colbert during Thursday’s July 25, 2019 show. CBS Photo Archive | CBS | Getty Images Stephen Colbert’s final appearance on “The Late Show” on Thursday marked the end of his 11-year run in his staple late night television slot. But one day later, he found a way back on TV:…
U.S. and Iran closing in on a 60-day ceasefire extension: FT
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the U.S. and Iran over opening this critical waterway have largely stalled as the countries have rejected each other’s proposals to end the war that began when the U.S. and Israel attacked Iran on February 28….
U.S. drivers pay the highest gas prices in four years this Memorial Day
U.S. drivers will pay gasoline prices near four-year highs when they fuel up for travel over the long Memorial Day weekend and should expect more pain at the pump this summer if the Strait of Hormuz does not reopen. The average gasoline price stood at $4.55 per gallon on Friday, an increase of more than…
Egg prices fall due to oversupply after bird flu shortages
Customers shop for eggs at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Egg prices are finally cooling in a welcome shift for consumers. But now a new challenge is sending producers scrambling: they have too many eggs at a time when their input costs are rising….
Kilmar Abrego Garcia charges dropped, judge says Trump DOJ case vindictive
Kilmar Abrego Garcia leaves a check-in at the U.S. Immigration and Customs Enforcement Baltimore Field Office the day after a federal judge ordered his release from a detention in Pennsylvania, on Dec. 12, 2025 in Baltimore, Maryland. Chip Somodevilla | Getty Images A federal judge in Tennessee on Friday dismissed human smuggling charges against Kilmar…