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Today: June 04, 2026
Today: June 04, 2026

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With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in

President Donald Trump insists he's comfortable with the current holding pattern in the Iran war

With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in
Business|Economy|Environment|Finance|Stock Markets|World

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Business|Economy|Political|World

Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire

Oil prices settled around 3% lower on Thursday on investor hopes for an end to the U.S.-Israeli war with Iran that could reopen the Strait of Hormuz,

Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire
Business|Economy|Finance|World

Foreign investors pivot to short India debt ahead of policy turn

Overseas investors are opting for short-term Indian government bonds as they find attractive entry points amid expectations of the interest rates cycle

Foreign investors pivot to short India debt ahead of policy turn
Business|Economy|Europe|Finance|Stock Markets|World

UK construction activity shrinks at fastest pace since 2020, PMI shows

Activity in Britain's construction sector slowed at the sharpest pace in six years last month as economic uncertainty and rising inflation triggered by the Iran war led to a

UK construction activity shrinks at fastest pace since 2020, PMI shows
Business|Economy|Europe|Political|World

UK employers ask government to ease off on tax and price-gouging claims

The Confederation of British Industry called on Britain's government not to treat business as a cash cow or accuse companies of price-gouging as the

UK employers ask government to ease off on tax and price-gouging claims
Europe|MidEast|Political|World

Trump will attend the NATO summit in Turkey in July, Rubio says

U.S. President Donald Trump will attend the NATO meeting of heads of state that is taking place in Turkey in early July, U.S.

Trump will attend the NATO summit in Turkey in July, Rubio says
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Disruption of Mideast energy supplies into next year would slam global economy

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy

Disruption of Mideast energy supplies into next year would slam global economy
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists

British services firms suffered a small fall in activity in May as the strains of the Iran war pushed up their costs sharply and hit

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists
Business|Economy|Election|Finance|Political|Stock Markets|US|World

The Latest: Rubio testifies in back-to-back Capitol Hill hearings

Secretary of State Marco Rubio will face more questions about the Trump administration’s fragile or stalling diplomatic efforts around the world in back-to-back hearings on Capitol Hill for the first time since the Iran war began

The Latest: Rubio testifies in back-to-back Capitol Hill hearings
Economy|Political|US|World

Rubio grilled on Iran, says US won't swap sanctions relief for strait

U.S.

Rubio grilled on Iran, says US won't swap sanctions relief for strait
Business|Finance|Political|World

Top US spy agencies feud over turf, mission

The CIA has stopped contributing to some intelligence assessments, including those related to the Iran war, produced by the office of

Top US spy agencies feud over turf, mission
Business|Economy|Finance|Stock Markets|World

Oil market could be underpricing risks, Vitol's Bahrain chief says

The oil market is underpricing some risks from the Iran war, global commodity trading house Vitol's managing director for Bahrain, Tom Baker, said on

Oil market could be underpricing risks, Vitol's Bahrain chief says
Business|Economy|Finance|Stock Markets|US|World

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war

U.S. job openings jumped in April as the labor market looked resilient despite economic uncertainty caused by the Iran war

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war
Business|Economy|Environment|Finance|Lifestyle|Travel

Sticker shock meets gridlock: LA motorists keep driving at any price

If you thought soaring pump prices since the onset of the Iran war might help clear the notoriously clogged highways of Los Angeles, think again.

Sticker shock meets gridlock: LA motorists keep driving at any price
Business|Economy|World

Israel's weapons exports reach a record high with sales doubling in the past 5 years

Israel's weapons exports reached a record high of over $19 billion last year, marking a 30% increase from 2024, according to Israel's Defense Ministry

Israel's weapons exports reach a record high with sales doubling in the past 5 years
Business|Economy|Europe|World

Euro zone firms struggle to raise prices despite Iran war shock

Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis

Euro zone firms struggle to raise prices despite Iran war shock
Business|Economy|Technology|World

Iran war hands Syria windfall as airlines reroute over its airspace

Syria recorded nearly 12,000 aircraft transits in May as regional airlines rerouted

Iran war hands Syria windfall as airlines reroute over its airspace
Business|Economy|Finance|Stock Markets|Technology|World

Oil prices rise, but not by enough to keep Wall Street from more records

Oil prices rose following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks ticked to more records

Oil prices rise, but not by enough to keep Wall Street from more records
Business|Economy|Finance|World

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

The world is getting more uptight about lending money to President Donald Trump’s government

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Asia|MidEast|Political|World

Pentagon chief says U.S. ready to restart strikes on Iran if no deal

The U.S. is ready to restart attacks on Iran if a deal cannot be reached, Defense Secretary Pete Hegseth said on Saturday, as negotiators from Washington and Tehran

Pentagon chief says U.S. ready to restart strikes on Iran if no deal