The Trump administration on Thursday imposed new tariffs on branded drugs from pharmaceutical companies that have not struck deals with the president to lower their U.S. drug prices – a long-awaited move that will likely only affect a small portion of drugmakers. “We need to make sure that our drug supply is protected, secure and…
Tesla shares dropped more than 5% on Thursday after the company’s deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1…
President Donald Trump fired Attorney General Pam Bondi on Thursday. Bondi’s dismissal comes after reports that Trump was increasingly unhappy about her handling of Department of Justice files about the late sex offender Jeffrey Epstein, and the DOJ’s failure to successfully prosecute several of the president’s political enemies. Deputy Attorney General Todd Blanche will serve…
Talk about a confusing and frustrating market. Following two days of gains fueled by optimism on an Iran war resolution, Wall Street went back in sell-off mode Thursday morning after President Donald Trump’s primetime address was filled with escalatory rhetoric. That sent oil prices higher and stocks lower to start the day — the inverse…
Senate Majority Leader John Thune (R-SD) speaks to members of the media outside the Senate Chamber after passing a Department of Homeland Security (DHS) funding bill by unanimous consent at the U.S. Capitol Building on April 2, 2026 in Washington, DC. Andrew Harnik | Getty Images The Senate on Thursday advanced a deal to fund…
Demonstrators hold posters of Ayatollah Khomeini outside the American Embassy which is occupied by ‘students following the Imam Khomeini’s line on November 16, 1979 in Tehran, Iran. Kaveh Kazemi | Hulton Archive | Getty Images “The hard part is done,” President Donald Trump said in his address to the nation Wednesday night about the Iran…
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares opened sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. Shortly after the opening bell, the pan-European Stoxx 600 was 1.2% lower,…
U.S. President Donald Trump acknowledges those in attendance after speaking from the Cross Hall of the White House on April 1, 2026 in Washington, DC. Alex Brandon | Getty Images U.S. President Donald Trump said the U.S. will hit Iran “extremely hard” over the next two or three weeks in a national address on Wednesday. “We’re going…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers…
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil fell in a volatile session as traders awaited U.S. President Donald Trump’s address to the nation on…
