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US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
Oil jumps nearly 8% to above $102 ahead of US blockade on Iran
Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.
Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations
Wall St stocks closed mixed with weekly gains as investors monitor Middle East negotiations and inflation data impacting U.S. markets.
Bessent, Powell warned bank CEOs about Anthropic model risks, sources say
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell warned bank CEOs about cybersecurity risks from Anthropic's Mythos AI model.
US trade court weighs legality of Trump 10% global tariff
The U.S. trade court will consider the legality of a 10% global tariff imposed by the Trump administration amid lawsuits by states and businesses.
Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Wall Street ends higher as Middle East peace talks lift sentiment
NEW YORK, April 9 (Reuters) – U.S. stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease worries over the fragile U.S.-Iran truce. All three major U.S. stock indexes gained ground after rebounding from an earlier dip as Israel sought talks with Lebanon. “There’s an increasing […]
US software stocks fall as Anthropic’s new AI model revives disruption fears
Anthropic limits access to its Claude Mythos AI model after finding cybersecurity vulnerabilities, causing US software stocks to drop amid ai disruption fears.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
US fourth-quarter GDP growth revised lower to a 0.5% rate
WASHINGTON, April 9 (Reuters) – U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate profits increased sharply, government data showed on Thursday. Gross domestic product increased at a downwardly revised 0.5% annualized rate, the Commerce Department‘s Bureau of Economic [...]
