Trump meets with defense CEOs, Pete Hegseth

U.S. President Donald Trump attends a cabinet meeting with U.S. Secretary of Defense Pete Hegseth at the White House in Washington, D.C., U.S., Dec. 2, 2025. Brian Snyder | Reuters President Donald Trump met Friday afternoon with CEOs of major defense industry companies at the White House as the war against Iran ended its first…

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Operation Epic Fury means new risks for markets

Thick plumes of smoke rise over the residential areas of the Iranian capital following airstrikes amid ongoing U.S.â”Israel attacks as multiple explosions are heard across the city in Tehran, Iran on March 01, 2026. Fatemeh Bahrami/ | Anadolu | Getty Images We hear it all the time on CNBC — markets hate uncertainty, and the…

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What’s next and what it means for the country?

A woman holds an illustration depicting Iran’s Supreme Leader Ayatollah Ali Khamenei as others wave Iranian national flags during a demonstration in support of the government and against US and Israeli strikes outside a mosque in Tehran on February 28, 2026. Atta Kenare | Afp | Getty Images The death of Iran’s Supreme Leader Ayatollah…

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Defense stocks rise as Trump calls for military spending hike

Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our…

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