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Oil prices rose on Thursday as U.S. President Donald Trump renewed threats against Iran following a second consecutive day of U.S. military strikes. Trump warned on Truth Social that the United States would strike Iran "VERY HARD TONIGHT," citing Tehran's alleged stalling of interim …
U.S. applications for unemployment benefits climbed to a three-month high last week, the Labor Department reported Thursday, exceeding market forecasts as seasonal volatility around the Memorial Day holiday and the start of the school summer break contributed to the jump.
Iran has formally tied a ceasefire in Lebanon to any broader peace arrangement with Washington, making the resolution of the Hezbollah-Israel conflict a prerequisite for progress in U.S.-Iran negotiations. The position, restated by Iranian officials in recent days, has deepened an already complex diplomatic …
The European Central Bank raised its three key interest rates by 25 basis points on Thursday, lifting the deposit facility rate from 2.00% to 2.25% in the bank's first increase since September 2023. The decision came as the inflationary consequences of the Iran war …
Iranian state media outlet Fars News Agency reported Thursday that Iran has designated all economic holdings linked to Elon Musk across the Middle East as military targets, broadening the commercial dimension of the ongoing U.S.-Iran conflict. The statement, published via Fars' Telegram page, said …
The imminent listing of SpaceX, scheduled for Friday, served as a focal point for investor optimism around AI infrastructure spending on Thursday, reinforcing a technology-led rebound across US equity indices that had been trading near one-month lows.
U.S. Steps In as India's Energy Lifeline
The Baltic Exchange's dry bulk freight index extended its losing streak to ten consecutive sessions on Thursday, declining approximately 1.5% to reach 2,729 points — its weakest level since May 1st — as broad weakness in large-vessel freight rates continued to weigh on the …
Mounting inflationary pressures and fresh geopolitical escalation in the Middle East combined on Thursday to firm up market expectations that the US Federal Reserve will raise interest rates this year, adding a layer of macro complexity to an equity market attempting to rebound from …
US equity indices staged a modest rebound on Thursday, recovering from one-month lows as the technology sector provided a critical buffer against a deteriorating macro backdrop. The S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite each gained up to 0.5% on …
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