The US trade deficit narrowed sharply through April as exports rose and imports fell, according to official trade data. The goods and services deficit decreased $213.5 billion year to date, a 49.1% decline from the same period in 2025.
U.S. Treasury yields moved lower on Thursday as investors weighed the impact of falling energy prices against expectations for a potentially tighter Federal Reserve policy path. The retreat followed a sharp rise in short-term yields earlier in the week after markets interpreted recent central …
Large U.S. financial institutions are pressing regulators for a final round of adjustments to proposed capital requirements as the Federal Reserve approaches the conclusion of a lengthy rulemaking process. Industry groups submitted feedback aimed at reducing the impact of several provisions they believe could …
President Donald Trump on Thursday strongly defended the interim peace agreement reached between the United States and Iran, dismissing critics who argued that the framework grants significant concessions to Tehran.
SpaceX's listing on June 12 as the largest IPO on record has immediately intensified speculation about Musk's next move. Senior SpaceX management has not discouraged the merger narrative. The company's president and chief operating officer told a broadcaster last week that combining SpaceX and …
The Trump administration's directive to Anthropic to restrict foreign access to its latest models has settled a question that policymakers and technologists had debated in theoretical terms for years: whether the United States government has the practical authority to decide who in the world …
SpaceX's listing on June 12 was the largest initial public offering on record, and the stock's opening week performance has drawn comparisons to the most euphoric moments of the 2020-2021 technology IPO cycle. Shares crossed $191, representing a gain of more than two-fifths from …
The US-Iran memorandum signed Thursday reopens the Strait of Hormuz, through which roughly one-fifth of global seaborne jet fuel exports pass. But the pathway from a signed deal to lower fares at the checkout is considerably longer than markets may assume. Oil fields, refineries, …
The Federal Reserve's first policy meeting under Chair Kevin Warsh delivered a sharp shock to financial markets, with the S&P 500 suffering its worst session tied to a new chair's inaugural Federal Open Market Committee meeting since the mid-1990s. The central bank left benchmark …
Defence stocks came under pressure as the Iran agreement reduced the immediate conflict premium that had supported aerospace and military contractors during the war.