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Update: US Equity Indexes Decline as Fading Hopes for Quick Hormuz Reopening Lift Crude Oil, Treasury Yields
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
Update: S&P 500 Retreats From Record, Oil Jumps as Hormuz Reopening Hopes Fade
(Updates with market moves at the end of the day, and other changes, if any.) US equity benchmark...
Dow Jones Futures: Surging Oil Prices Spark Stock Market Losses; SpaceX Rival Rocket Lab Slides On Earnings
Dow Jones Futures: Surging oil prices sparked stock market losses Monday. SpaceX rival Rocket Lab tu...
US and Iran exchange strikes in new threat to shaky ceasefire
Kuwait and Bahrain are attacked as American forces intercept drones launched over Strait of Hormuz
India’s exam fiasco fuels rising youth discontent
Cancellation of medical entrance tests taken by more than 2mn people sparks anger at Narendra Modi’s government
SpaceX signs $30bn deal to lease computing capacity to Google
Agreement comes ahead of a record-breaking initial public offering for Elon Musk’s rockets-to-AI conglomerate
Top Goldman lawyer Ruemmler to remain with bank despite Epstein ties
General counsel resigned after revelations about relationship with disgraced financier but now will stay on as adviser
Trump says US may take equity stakes in AI companies
President suggests ‘partnership’ will ease voter concerns about the technology ahead of November’s midterm elections
Meta weighs big equity raising after blockbuster Google deal
Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure
US demands tougher rules for car parts in Mexico trade talks
Washington wants to reduce Chinese supplies from North America’s vehicles while increasing American content
Steve Hilton, Tory aide turned California’s would-be governor
The expat David Cameron adviser is seeking to follow in Arnold Schwarzenegger’s footsteps
Trump-run Kennedy Center took $2mn from ‘fake CIA operative’, lawsuit alleges
Donation by alleged conman follows accusations of cronyism and corruption at Washington’s top performing arts centre
Chip sell-off threatens Wall Street’s winning streak
Tech stocks suffer two-day decline following disappointing results from semiconductor giant Broadcom
Pugilistic Florida billionaire plots law firm stake sale to private equity
Move by largest US personal injury firm could cement buyout groups’ arrival in a sector that has long been off-limits
Franklin’s Western Asset Management agrees $100mn settlement with SEC
Agreement with Wall Street watchdog resolves investigation into one of fund manager’s star traders