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Northrop Grumman raises 2026 forecasts on strong weapons demand
Northrop Grumman raised its 2026 sales and profit forecasts driven by strong weapons demand amid geopolitical conflicts and expanded production capacity.
Capital One defeats lawsuit alleging excessive credit card rates
Capital One defeated a class-action lawsuit in Maryland federal court over alleged excessive credit card interest rates charged in Virginia.
Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat
Oil prices climbed to a five-week high amid US-Iran attacks and a threatened naval blockade of Saudi Arabia by Yemen's Houthis, raising supply disruption concerns.
Carney says he and Trump agreed to intensify trade talks
Canadian Prime Minister Mark Carney and U.S. President Donald Trump agreed to intensify trade negotiations amid tariff threats.
S&P 500 edges down with Iran and earnings season in focus
The S&P 500 edged down amid concerns over Middle East tensions and anticipation of major tech earnings from Alphabet, Tesla, and Intel this week.
FAA restores Boeing authority to certify 737 MAX, 787 planes
The FAA has restored Boeing's authority to issue airworthiness certificates for 737 MAX and 787 airplanes, marking a key step as production ramps up.
Judge orders Paramount to temporarily pause Warner Bros. acquisition
Paramount's $110 billion acquisition of Warner Bros. Discovery is paused by a judge following a coalition of states' lawsuit citing competition concerns.
Wall Street ends lower for the day and week as chip selloff broadens
Wall Street closed lower with semiconductor stocks leading a broad selloff amid a slowdown in the ai spending boom and mixed economic signals.
Fed rate-hike voices swell before July decision, rates still seen on hold
Cleveland Fed President Beth Hammack calls for interest rate hikes to combat persistent inflation ahead of the Fed's July meeting.
Meta, Anthropic in talks for potential $10B compute lease deal, NYT reports
Meta Platforms is in talks to lease computing power to Anthropic in a potential $10 billion deal, aiming to expand its cloud computing business.
