NEW YORK — The abrupt failure of U.S.-Iran peace negotiations in Pakistan and President Donald Trump's immediate order to blockade the Strait of Hormuz sent shockwaves through world financial markets Monday, driving oil prices above $103 a barrel and triggering sharp declines in global stock indexes as investors priced in prolonged energy disruptions and higher inflation risks.
Tags: Donald Trump
Trump Postpones Signing of Plans Establishing Voluntary Review Process for AI Because He 'Didn't Like Certain Aspects'
President Trump delays signing an AI executive order creating a voluntary federal review process for advanced systems, citing concerns about overregulation and maintaining U.S. technological leadership.
Gold-Plated Trump Phone Gets Shipping Date Nearly a Year After $100 Deposit Collections Began
Trump Mobile's gold-plated T1 phone begins shipping this week after nearly a year-long delay, revised terms, and $59 million in non-refundable customer deposits collected.
Top Billionaires With Nearly $1T Combined Net Worth Join Trump in Meeting With China's Xi
Billionaire CEOs worth nearly $1 trillion join President Trump in Beijing for high-stakes talks with China's Xi on trade, technology, AI rules, and investment.
Fed Chair Nominee Kevin Warsh Says Central Bank Will Remain 'Strictly Independent'
President Donald Trump's nominee to be the next chair of the Federal Reserve, Kevin Warsh, said in his confirmation hearing Tuesday that the central bank will remain "strictly independent" and rejected he will be the president's "sock puppet."
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Donald Trump's signature will appear on U.S. dollar bills for the first time in history, marking a major change in currency design.
Trump threatens Iran with power plant strikes if the Strait of Hormuz is not reopened within 48 hours, escalating regional tensions.
The U.S. Mint has approved a gold commemorative coin featuring President Trump for the nation's 250th anniversary.
FDA officials say there is no strong evidence that leucovorin helps most people with autism despite earlier claims promoted by Donald Trump.
Anthropic sues the Trump administration after the Pentagon blacklists its AI over refusal to allow use in surveillance and autonomous weapons.
Donald Trump expanded his portfolio with up to $1.25 million in Netflix bonds during the company's high-stakes bid for Warner Bros. Discovery.
Federal judge rules U.S. businesses are entitled to refunds for Trump-era tariffs struck down by the Supreme Court.
President Donald Trump orders federal agencies to stop using Anthropic's AI technology amid a heated Pentagon dispute over military safeguards.
A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.
