Here are all the ways the Iran war has affected the U.S. economy so far
[ad_1] In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much, with soaring energy costs leading the impact and potential […]
Earnings season could finally give the stock market some good news. Here’s what’s ahead
[ad_1] Investors are hopeful that first quarter earnings can help the stock market move past the war in Iran, now that there is a tentative ceasefire. Stocks soared this week after President Trump suspended attacks on Iran for two weeks, driving up the Dow Jones Industrial Average more than 1,300 points on Wednesday, its best […]
JPMorgan CEO Jamie Dimon in annual letter cites risks in geopolitics, AI and private markets
[ad_1] JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence. Dimon in his annual letter to shareholders, published Monday, noted the country’s 250th anniversary as “the perfect time to rededicate ourselves to the values […]
Microsoft closes worst quarter on Wall Street since 2008 on AI concerns: ‘Redmond is in a pickle’
[ad_1] Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant’s prospects in artificial intelligence. The company’s […]
Epstein victims to get $72.5M from Bank of America settlement
[ad_1] A Bank of America branch in New York, US, on Saturday, Oct. 11, 2025. Michael Nagle | Bloomberg | Getty Images Bank of America has agreed to pay victims of notorious sex offender Jeffrey Epstein $72.5 million to settle a class action lawsuit alleging that the bank facilitated his sex trafficking operation, a New […]
Tim Scott hopes Fed Chair Powell investigation ‘going away’ to clear Kevin Warsh confirmation
[ad_1] Sen. Tim Scott on Wednesday said he hopes the federal investigation into Federal Reserve Chair Jerome Powell “goes away” so the Senate can take up the nomination of Kevin Warsh, President Donald Trump’s pick to replace the head of the U.S. central bank. “That proceeding going away allows for us to get the Fed […]
Trump officially nominates Kevin Warsh as Fed chair to replace Jerome Powell
[ad_1] Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next […]