Month: April 2026
Nike is the most oversold stock on Wall Street after a wild week of trading
The Dow Jones Industrial Average declined Thursday as investors heeded President Donald Trump ‘s warning that the Iran war could last for several more weeks and as oil prices surged . Against that backdrop, certain names fell very far over the week. The market downturn put some stocks across the real estate, consumer staples, health […]
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Warsh nomination moves ahead, putting Trump’s competing Fed plans on a collision course
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 The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin […]
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Buffett may end donations to Gates charity over Bill’s ties to Epstein
BECKY QUICK: Warren, welcome. It is wonderful to see you this morning. WARREN BUFFETT: It is fun to be on. QUICK: You are on for an interesting reason. For 22 years, you had been holding an annual luncheon — an auction for a luncheon — to benefit the Glide Foundation in San Francisco. You retired from that […]
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European ministers call for a tax on energy company windfall profits as Iran war drives price surge
Spain’s First Vice-President and Minister of Economy, Trade and Business, Carlos Cuerpo walks ahead of a cabinet meeting at Moncloa Palace in Madrid, Spain, on March 31, 2026. Violeta Santos Moura | Reuters The finance ministers of Spain and four other European countries are urging the European Union to impose a bloc-wide windfall tax on […]
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The Chinese box office isn’t the Hollywood kingmaker it used to be. Here’s why
Posters of films are on display at a cinema in Shanghai, Aug. 31, 2025. Vcg | Visual China Group | Getty Images Hollywood has lost one of its most lucrative theatrical markets. It’s unclear if it will ever win it back. The Chinese box office was once a coveted space for American-made movies, so much […]
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Apple at 50: The iPhone maker ‘blew a 5-year lead’ on AI, but former insiders say it can still win
CUPERTINO, Calif. — Nasdaq brought its market open festivities to Apple’s sprawling Silicon Valley headquarters on Tuesday, the eve of the company’s 50th birthday. From a desk inside Apple Park, the ring-shaped campus that Steve Jobs spent his last years helping design, Tim Cook rang the opening bell and, in the process, ushered in the […]
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India makes first Iranian oil purchase in seven years with no payment problems
People stand in a queue to refill fuel at a gas station in Guwahati, India, on March 26, 2026. David Talukdar | Anadolu | Getty Images Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday. The world’s third-biggest […]
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Lucid misses first-quarter vehicle delivery estimates on supplier disruptions
A Lucid ‘Gravity’ SUV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. David Swanson | Reuters Lucid Group missed expectations for first-quarter vehicle deliveries on Friday, hurt by a temporary sales halt and recall tied to an unauthorized supplier change. Deliveries of […]
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Debris from aerial interception strikes Oracle building in Dubai, UAE says
Jaque Silva | Nurphoto | Getty Images The office of U.S. tech giant Oracle in Dubai was damaged by falling debris, the city’s media office said on Sunday, as Iran continued to fire projectiles at targets around the Middle East in retaliation against U.S. and Israeli strikes. “Authorities confirm that they responded to a minor […]
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Asian travelers seek respite in other options as Middle East travel plans stay grounded
Passenger planes sit on the tarmac at Dubai International Airport in Dubai on March 11, 2026. Drones fell near Dubai airport, injuring four people, while ships were hit in or near the Strait of Hormuz on March 11 as Iran kept up its campaign disrupting oil markets and air and maritime traffic. AFP | Getty […]
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