BUSINESS

Iran’s plans to shut Strait of Hormuz threatens a ‘stagflationary shock’ akin to Russia’s Ukraine invasion

Iran’s plans to shut Strait of Hormuz threatens a ‘stagflationary shock’ akin to Russia’s Ukraine invasion

A tentative ceasefire announced by President Donald Trump this evening—but not yet verified by Israel or Iran—may have shifted the…
Trump announces phased-in ceasefire between Iran and Israel

Trump announces phased-in ceasefire between Iran and Israel

President Donald Trump on Monday declared the “12 day war” between Israel and Iran as likely ending in a ceasefire, validating the…
Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar

Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar

Stocks rose Monday and oil prices dropped even after Iran launched a missile attack on a U.S. military base in…
HSBC’s return-to-office push risks denting CEO’s savings plan

HSBC’s return-to-office push risks denting CEO’s savings plan

HSBC Holdings Plc is forecasting hundreds of millions in extra real estate costs as it considers asking more of its…
Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices

Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices

Scores of oil tankers pass through the Strait of Hormuz every day.Reuters US strikes on Iran’s nuclear sites are raising…
Strait of Hormuz: Here are alternate routes around the choke point

Strait of Hormuz: Here are alternate routes around the choke point

The Strait of Hormuz avoided Tehran’s initial response to the U.S. bombing of Iran’s nuclear facilities over the weekend, sending…
Social Security could run out sooner than expected. Younger generations will pay the price

Social Security could run out sooner than expected. Younger generations will pay the price

The Social Security retirement trust fund, which provides monthly payments to retired workers, their families, and survivors of deceased workers,…
BNP Paribas Cut Samsara Target to $38 in Early June, Holding Neutral Stance

BNP Paribas Cut Samsara Target to $38 in Early June, Holding Neutral Stance

BNP Paribas Exane lowered its price target on Samsara (NYSE: IOT) to $38 from $43 on June 6, keeping its…
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