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Wall Street indexes jump; Trump says strikes against Iran canceled
Wall Street indexes surged after President Donald Trump canceled planned strikes against Iran and SpaceX priced its record $75 billion IPO.
Oil drops as Trump cancels planned strikes against Iran
Oil prices dropped sharply after U.S. President Donald Trump canceled planned strikes on Iran, easing tensions in the Middle East.
Oil prices rise after Trump says Iran must pay price
Oil prices rose after U.S. President Donald Trump warned Iran must pay a price following U.S.-Iran military exchanges and a sharp drawdown in U.S. crude inventories.
Oil prices pares gains after Iran announces end to attacks on Israel
Oil prices eased after Iran announced an end to attacks on Israel, despite warnings of harsher strikes if Israel continues in Lebanon. Brent crude rose to $94.52.
Trump unveils $700M coal support plan using emergency powers
President Donald Trump uses the Defense Production Act to allocate nearly $700 million for U.S. coal plant upgrades and export terminal construction.
Trump administration proposes 25% tariff to punish Brazil over trade practices
The Trump administration proposes a 25% tariff on many Brazilian imports citing unfair trade practices, excluding key products like beef and coffee.
Rising exports lower US goods trade deficit in April
The US goods trade deficit narrowed in april as exports rose 4%, offsetting import gains amid ongoing middle east tensions and ai investment.
Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives
Kevin Warsh was sworn in as Fed chair facing high inflation and debate over interest rate policy amid economic shocks and AI-driven changes.
US mortgage rates rise to 6.56%, MBA says
The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.
Oil prices slump after Trump comments while analysts point to supply crunch
Oil prices dropped over 2% after President Donald Trump's comments on Iran peace talks, while analysts warn of ongoing supply disruptions in the Middle East.
Oil prices fall as Trump pauses Iran attack plans
Oil prices dropped after U.S. President Donald Trump paused planned attacks on Iran to allow for negotiations, easing Middle East conflict concerns.
Oil prices up 2% as Trump and Iran’s comments dent peace hopes
Oil prices rose about 2% after comments from U.S. President Donald Trump and Iran's foreign minister reduced hopes for peace around the Strait of Hormuz.
