Financial
Bitcoin Hits $78,000 as Oil Prices Plunge Following Strait of Hormuz Reopening
TEHRAN — Bitcoin surged to a new high of $78,000 on Saturday as global oil markets tumbled more than 13 percent, with U.S. crude futures falling to $80 per barrel after Iran announced the reopening of...
Buffett Indicator Hits Record High Amid Stock Valuation Concerns
NEW YORK — The Buffett Indicator, a widely watched metric gauging the valuation of the U.S. stock market, reached a new record high on Saturday, signaling potential overvaluation concerns among invest...
Global Markets Adopt New Valuation Framework Amid Geopolitical and Trade Uncertainties
LONDON (AP) — Global stock markets are exhibiting a distinct shift in valuation strategies, increasingly prioritizing earnings metrics while discounting geopolitical risks and trade policy volatility....
Ruane: Market Crash Could Reveal Overvalued Businesses, Offer Investment Opportunities
LONDON (AP) — A potential stock market crash could present significant opportunities for investors and expose overvalued companies, according to an opinion piece published Saturday by Christopher Ruan...
Motley Fool Analyst Recommends Chewy Stock Despite Recent Price Decline
NEW YORK — Lawrence Rothman, a CFA charterholder and analyst at The Motley Fool, has issued a recommendation for Chewy Inc. (CHWY) stock, identifying the online pet retailer as a growth investment opp...
U.S. Market Valuations Rely on AI, Energy Catalysts Amid Growth Concerns
NEW YORK — Record stock market valuations in the United States are increasingly dependent on temporary profit catalysts driven by artificial intelligence infrastructure and war-related energy gains, r...
India Settles Iranian Oil Deals Using Chinese Yuan
NEW DELHI — India has finalized a series of oil transactions with Iran using the Chinese yuan, marking a significant shift in the financial mechanisms underpinning the energy trade between the two nat...
Wall Street Lowers Price Targets Amid Iran Conflict Concerns
NEW YORK — Major Wall Street analysts and financial institutions are revising stock market price targets downward on Friday, citing escalating tensions in the Middle East and the economic fallout from...
Corporate Earnings Expectations Surge Amid Temporary Factors
NEW YORK (AP) — Corporate earnings expectations for the United States have surged to new heights, driven by two significant factors that analysts warn are likely temporary. James Mackintosh reported ...
Trump Organization Partners to Build New Tower in Tbilisi
TBILISI, Georgia — The Trump Organization, in partnership with Archi Group, Biograpi Living and architecture firm Gensler, announced plans Thursday to construct a new Trump Tower in the Georgian capit...
US Treasury Extends Russian Crude Sanction Waiver Amid Market Stabilization Efforts
WASHINGTON — The U.S. Treasury Department extended a sanction waiver on Russian crude oil exports for an additional month on Saturday, citing the need to stabilize global energy markets. The decision,...
Tesla Cybertruck Patrol Vehicle Costs Compared to Ford Interceptor
LOS ANGELES — A new cost analysis circulating online suggests that a Tesla Cybertruck configured for police patrol duty could cost law enforcement agencies approximately $24,000 to operate over a five...
Trump Calms Down After Oil Market Manipulation
WASHINGTON — Former President Donald Trump appeared to have calmed down following a period of intense activity that saw him manipulating the oil market, according to a report dated April 17, 2026. Th...
Goldman Sachs flags U.K. equity undervaluation amid domestic de-equitization
LONDON (April 18, 2026) — Goldman Sachs Group Inc analysts have identified a significant valuation gap in U.K. equities, warning that the market remains under-owned by both domestic and international ...
Lumen Technologies Partners with AWS to Expand Cloud Connectivity
NEW YORK (AP) — Lumen Technologies announced a strategic partnership with Amazon Web Services (AWS) Thursday, a move that immediately propelled the telecommunications company's stock price higher as i...
Singapore Tightens Monetary Policy as StarHub Divests Cybersecurity Stake
SINGAPORE — The Monetary Authority of Singapore (MAS) tightened monetary policy on Friday amid rising inflation pressures, while telecommunications giant StarHub Ltd. announced a strategic divestment ...
Greenland Approves Critical Metals' Expanded Stake in Tanbreez Rare-Earth Project
NAARSAK, Greenland — Greenland’s government approved a deal Wednesday allowing Critical Metals (CRML) to increase its ownership stake in the Tanbreez rare-earth project to 92.5%, a move that triggered...
Motley Fool Analyst Urges Buy-and-Hold Strategy Amid Iran War Volatility
NEW YORK — Investors facing market turbulence driven by the ongoing conflict in Iran should maintain a long-term buy-and-hold approach rather than attempting to time the market, according to a new ana...
Global Markets Surge to Records Despite Recession Warnings Amid Iran War Concerns
SYDNEY — Global stock markets rallied to record highs on Thursday, defying severe economic warnings of a looming global recession driven by the ongoing Iran war and energy crises. The Australian Secur...
Finance Expert Urges Patience Amid Market Volatility Linked to Iran Conflict
ABILENE, Texas (AP) — Investors should maintain a long-term perspective and resist making emotional decisions as stock market volatility intensifies due to escalating overseas conflict, a finance prof...
US Stocks Surge, Oil Falls After Iran Reopens Strait of Hormuz
NEW YORK — U.S. stock market indexes reached record highs on Thursday as oil prices tumbled following Iran’s announcement that the Strait of Hormuz is fully open to commercial shipping. The developmen...
Market Futures Rise as Ceasefire Clears Path for Recovery
NEW YORK — Stock market futures climbed Thursday as a newly announced ceasefire between Israel and Lebanon removed a significant geopolitical obstacle to a broader market recovery. The development, br...
Dow Jones Gains on Iran Remarks as Netflix Shares Tumble on Earnings
NEW YORK — The Dow Jones Industrial Average climbed Thursday, buoyed by President Trump's comments regarding Iran, while Netflix shares plunged following a disappointing earnings report. The divergent...
US Stocks Surge to Record Highs on AI Gains and Iran Ceasefire Hopes
NEW YORK — The U.S. stock market staged one of its fastest recoveries in years on Thursday, with the S&P 500 reaching a new all-time high and the Nasdaq Composite extending its rally to 12 consecutive...
US Department of Energy Announces Additional Strategic Petroleum Reserve Loan
WASHINGTON — The U.S. Department of Energy announced Thursday a new contract to loan an additional 26 million barrels of oil from the Strategic Petroleum Reserve, marking the third major release from ...
Dow Futures Rise as Oil Prices Hold Below $99
NEW YORK — Dow futures climbed Thursday morning as Brent crude oil prices remained below $99 per barrel, signaling cautious optimism in U.S. equity markets despite persistent energy sector volatility....
Kyrgyzstan Crypto Exchange Grinex Halts Operations Following $13.7 Million Theft
BISHKEK, Kyrgyzstan (AP) — Grinex, a cryptocurrency exchange based in Kyrgyzstan, suspended all operations on Wednesday after a cyberattack drained $13.7 million from user wallets, primarily belonging...
Market Manipulation Alleged Ahead of Strait of Hormuz Reopening Announcement
LONDON (Reuters) - An unidentified entity allegedly executed a series of trades in oil futures 20 minutes before President Trump announced the reopening of the Strait of Hormuz, generating an estimate...
Iraq Resumes Southern Oil Exports After Month-Long Halt
BAGHDAD — Iraq resumed oil exports from its southern ports on Thursday, ending a disruption that halted shipments for more than a month. The resumption marks a significant step in stabilizing the coun...
Wall Street Hits Records While ASX Falls Amid Middle East Tensions
SYDNEY — Wall Street markets reached record highs on Thursday as the Australian Securities Exchange (ASX) declined, diverging sharply amid escalating geopolitical tensions and fluctuating commodity pr...