United States
Asia-Pacific markets set to fall as Trump extends Iran ceasefire but uncertainty drags on
A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were set to open broadly lower Wednesday as concerns grew that the Middle East conflict could drag on, after President Donald Trump extended a U.S. ceasefire […]
Read More
Apple’s elevation of silicon head Johny Srouji signals sprint to build in-house chips for all devices
In naming hardware boss John Ternus as its new CEO on Monday, Apple also announced another key promotion that may be almost as significant in gauging the company’s direction. Taking over for Ternus as head of hardware will be Johny Srouji, who leads the team that makes Apple’s in-house chips. Apple created a new title […]
Read More
Trump extends ceasefire in Iran, citing ‘seriously fractured’ Iranian government
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images President Donald Trump on Tuesday extended the two-week U.S. ceasefire with Iran, saying the extension was warranted […]
Read More
United Airlines slashes 2026 forecast as fuel costs surge
A United Airlines Airbus A321 plane approaches the runway at Denver International Airport (DEN) on March 23, 2026 in Denver, Colorado. Al Drago | Getty Images United Airlines slashed its 2026 earnings outlook Tuesday as it grapples with a surge in jet fuel prices due to the war in the Middle East. United said it […]
Read More
White House discussing currency swap line with United Arab Emirates
Key Points The White House is considering a financial lifeline to the United Arab Emirates as the U.S. war with Iran wreaks havoc on the Gulf state’s economy, a White House official told CNBC. Such a move would provide liquidity in dollars to the oil-rich UAE, but could be politically tenuous for the administration as […]
Read More
Vance trip to Pakistan for Iran talks is on hold, NYT reports
An expected trip by Vice President JD Vance trip to Pakistan for a second attempt at peace negotiations with Iran has been put on hold, The New York Times reported Tuesday. The delay came after Tehran failed to respond to the latest U.S. negotiating positions, the Times reported, citing a U.S. official with direct knowledge […]
Read More
What a looming jet fuel shortage could mean for summer travel
Looming jet fuel shortages could throw a wrench into Americans’ summer travel plans, especially for people flying overseas on international airlines. But there are a few steps consumers can take to insulate themselves and minimize disruption, travel experts said. The Iran war and an associated disruption to global oil supplies are triggering fears that jet […]
Read More
Tim Cook turned Apple into a $4 trillion juggernaut by not trying to be Steve Jobs
Steve Jobs (R), Apple Inc. CEO, and Tim Cook, Apple Inc. Coo, speak at a press conference at Apple headquarters in Cupertino, California. Kimberly White | Corbis Historical | Getty Images In his time running Apple, Tim Cook has been more like the “president of a country, not a company,” according to Deepwater Asset Management’s […]
Read More
U.S. judge blocks Trump administration actions stymieing wind, solar projects
Wind turbines operate at a wind farm near solar panels near Palm Springs, California, on March 6, 2024. Mario Tama | Getty Images A federal judge on Tuesday blocked President Donald Trump’s administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy […]
Read More
A timeline of how the Iran war shook oil prices — and what comes next
Alexander Manzyuk | Reuters Oil markets have lurched from panic to relief and back again since the outbreak of war in the Middle East, with markets bracing for further volatility. Prices surged more than 55% since the start of the war, with Brent crude jumping from around $72 a barrel on February 27 to nearly […]
Read More