Day: April 5, 2026
Oil prices rise as Trump warns Iran to open Strait of Hormuz by Tuesday or face ‘hell’
Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices rose on Sunday with U.S. crude topping $114 per barrel, after President Donald Trump gave Iran until Tuesday to open the Strait of Hormuz or […]
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How a perilous U.S. rescue mission in Iran nearly went off course
Wreckage is seen from what Iranian authorities say is a U.S. military helicopter that crashed during a mission to rescue the missing American pilot of an F-15E that was downed earlier this week, in a handout image provided on April 5, 2026, in an unspecified location in Iran. U.S. President Donald Trump has said on […]
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Top Wall Street analysts see strong growth potential in these 3 stocks
Tensions in the Middle East due to the U.S.-Iran war and elevated oil prices continued to impact the stock market this week. Investors with a long-term investment horizon should look beyond near-term challenges and capitalize on the ongoing volatility to pick stocks trading at attractive valuations. Tracking top Wall Street analysts can help investors gain […]
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Avoid these stocks in the second quarter, says Piper Sandler
With the second quarter in full swing, Piper Sandler compiled a list of stocks to avoid during the period. Many of the factors that shaped stock performance during the first quarter persist into the second. The war with Iran has caused oil prices to rise and energy stocks to swell. The State Street Energy Select […]
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Soaring energy costs are rattling investors. Why the ‘food price shock’ could be worse
Surging energy prices amid the Iran war are worrying Wall Street, but UBS warned that higher food costs could follow. Since the start of the conflict in the Middle East, international Brent crude futures have surged 50%, while West Texas Intermediate futures have gained 66%. UBS economist Arend Kapteyn said the energy jump is subsequently […]
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Warren Buffett strikes measured tone on markets in his first remarks since stepping back
Warren Buffett offered a measured but cautionary read on markets in his first public comments since stepping back from the chief executive role at Berkshire Hathaway , warning of lingering fragility in the banking system while downplaying the significance of recent volatility. Speaking in an interview with CNBC, the 95-year-old investor said stress in financial […]
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‘Silent killers’: How AI start-ups are trying to solve one of the retail industry’s biggest problems
Moment Makers Group | Istock | Getty Images It pinches here; drags there; the draping is wrong. These are some of the examples of the feedback a new crop of artificial intelligence apps might give a prospective customer trying on clothing ahead of a purchase, and in the process reduce the chances of a product […]
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Pope Leo XIV urges peace in first Easter Mass, skips naming conflicts in Urbi et Orbi
Pope Leo XIV waves to the crowd from the main balcony of St. Peter’s basilica for the Urbi et Orbi message and blessing to the city and the world as part of Easter celebrations, at St Peter’s square in the Vatican on April 5, 2025. Alberto Pizzoli | Afp | Getty Images Pope Leo XIV […]
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OPEC+ debates making oil output hike amid Iran war paralysis, sources say
Jonathan Raa | Nurphoto | Getty Images OPEC+ may approve an oil output increase on Sunday, four sources from the group said, a rise that will largely exist on paper as its key members are unable to raise production due to the U.S.-Israeli war with Iran. The war has effectively shut the Strait of Hormuz […]
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Trump confirms both military officers missing in Iran have been rescued
A U.S. Air Force F-15E Strike Eagle piloted by a member of the 494th Expeditionary Fighter Squadron takes off from Al Dhafra Air Base, United Arab Emirates, in support of regional security operations, April 30, 2021. Staff Sgt. Zade Vadnais | U.S. Air Force photo U.S. President Donald Trump confirmed on Sunday that two military […]
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