Failed Hormuz Talks And Trump Blockade Trigger Global Stock Sell-Off As Oil Surges Past $103
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.
Buy Or Sell Amazon Stock In 2026? Latest Analyst Targets Point To 20-50% Gains From AI Investments
SEATTLE — As Amazon.com Inc. navigates a pivotal year for its cloud-computing powerhouse and e-commerce empire, Wall Street is overwhelmingly bullish on the stock heading into the rest of 2026, with average price targets suggesting 20% upside from current levels and some analysts forecasting gains as high as 50%.
OpenAI Vs Elon: AI Giant Accuses Musk's Proposal As 'Legal Ambush' Ahead Of Trial
Elon Musk's $134B lawsuit against OpenAI and Microsoft intensifies, with new claims, leadership challenges, and a high-stakes trial set for April 27.
Stamp Prices Could Jump To 82 Cents Under USPS Proposal
USPS proposes raising stamp prices to 82 cents as part of a new mailing rate increase aimed at addressing financial pressure and rising costs.
Editor's Pick
USPS Freezes Contributions To Federal Employee Pension Plan Amid Funding Strain
USPS pauses pension contributions to conserve cash as financial losses raise concerns about a potential funding crisis.
Justice Department Targets NFL In Probe That Could Challenge Broadcast Monopoly
The DOJ investigates the NFL's broadcast model over rising costs and concerns it may limit competition and fan access.
Elon Musk's XAI Challenges Colorado Law Restricting AI System Development
Elon Musk's xAI has filed a lawsuit to block Colorado's new AI law, arguing it violates free speech and could slow down AI development in the U.S.
Investors
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Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: 'Designed To Cause a Humanitarian Collapse'
US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
EU Faces 'Transitional Period' After Trump's New Import Surcharge Shakes Trade Deal
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.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
Epic Games CEO Tim Sweeney Slammed for 'Out of Touch' Layoff Comment After 1,000 Job Cuts
Tim Sweeney faces backlash after calling laid-off Epic Games employees "once-in-a-lifetime talent. Many people think there's something wrong with this tone.
US and China Open Bilateral Trade Talks in Paris Ahead of High-Level Summit
US and China held crucial trade talks in Paris ahead of President Trump's upcoming summit with Xi Jinping.
Starbucks Founder to Flee Washington With $3.5B Fortune After State Passes Millionaires Tax
The founder of Starbucks announced he was moving to Florida just as Washington state Democrats voted to create the state's first income tax, targeting those who make more than $1 million a year.
