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Oil prices rise after reports container ships in Hormuz hit by gunfire
Oil prices rose 2% after gunfire attacks on container ships in the Strait of Hormuz amid stalled U.S.-Iran peace talks and supply concerns.
Trump says he will ‘remember’ companies that don’t seek tariff refunds
President Donald Trump said he will remember companies like Apple and Amazon that do not seek refunds for tariffs deemed illegal by the Supreme Court.
U.S. consumer spending surged in March. Here’s what drove that
U.S. consumer spending rose 1.7% in March driven by higher gas prices and larger tax refunds, reflecting economic impacts of the U.S.-Iran conflict.
US judge blocks Trump administration actions stymieing wind, solar projects
A federal judge in Boston blocked Trump administration policies that delayed wind and solar energy projects, supporting renewable development nationwide.
Fed chief nominee Warsh commits to central bank’s independence, with limits
Kevin Warsh, nominee to lead the Federal Reserve, pledges to maintain monetary policy independence while working with Congress on other Fed functions.
Oil prices climb 3% after Trump says he does not want to extend Iran ceasefire
Oil prices climbed about 3% after President Donald Trump said he does not want to extend the Iran ceasefire, raising tensions and impacting global markets.
Chavez-DeRemer steps down as US labor secretary amid misconduct probe
Labor Secretary Lori Chavez-DeRemer resigned amid a misconduct investigation at the U.S. Labor Department, with deputy Keith Sonderling named acting secretary.
Apple names insider John Ternus as CEO, Cook to become executive chairman
April 20 (Reuters) – Apple on Monday named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence. Cook, who has led Apple since 2011, will become the company’s executive ch[...]
US Supreme Court rebuffs challenge to class-action status of bank collusion suit
The U.S. Supreme Court declined to hear an appeal by Bank of America and others, allowing a $12 billion class action on municipal bond rate collusion to proceed.
Honeywell to sell productivity solutions unit to Brady for $1.4B
Honeywell agreed to sell its productivity solutions unit to Brady for $1.4 billion, streamlining its business ahead of a planned split.
Oil prices rise 5% on fears of US-Iran ceasefire collapse
Oil prices surged about 5% amid fears the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship.
US homebuilders brace for another challenging year as war, tariffs hurt margins
U.S. homebuilders face margin challenges due to tariffs, the Iran war, and rising inflation, impacting sales and construction costs.
