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US consumer confidence ebbs in May as inflation worries mount
The Conference Board reports a slight decline in U.S. consumer confidence in May due to inflation concerns tied to the war with Iran.
S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq hit record closing highs after a strong earnings week, driven by tech gains and easing crude prices amid geopolitical tensions.
Northrop Grumman posts higher quarterly profit as geopolitical uncertainty fuels demand
Northrop Grumman posted higher Q4 profit and revenue on strong aeronautics sales but issued a 2026 outlook below estimates.
Oil climbs on concerns over potential Iranian supply disruption
LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on Iran and possible retaliation against U.S. regional interests. Brent futures were up 76 cents, or 1.2%, at $66.23 a barrel at 1411 GMT. U.S. West Texas Intermediate […]
Defense Stocks Jump After Trump Calls for $1.5T Budget
Global defense stocks rallied after President Trump called for a $1.5 trillion U.S. military budget despite buyback concerns.
