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News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.

Latest news

Brent crude hits 4-year high, soaring past $126, as U.S. military to reportedly brief Trump on action against Iran

Brent crude has surged to its highest levels since mid-2022, LSEG data shows, as the Middle East conflict chokes supplies.

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Israel’s economy and financial markets are booming — even as conflict rages in the Middle East

The Israeli economy is massively outperforming a swathe of developed-market peers, including key ally the United States.

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U.S. House approves outline for $70 billion more for immigration enforcement

The U.S. House of Representatives approved an additional $70 billion for immigration enforcement activities, despite no democrat support on Wednesday.

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China factory activity tops expectations in April — but growth slows as new orders soften

The official purchasing managers' index reading of 50.3 was higher than the the 50.1 expected by Reuters-polled economists.

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Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs

India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, risking future economic momentum.

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Why Alphabet won the Big Tech earnings night

Alphabet's cloud business is accelerating relative to competitors, analysts say

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Stocks making the biggest moves after hours: Alphabet, Microsoft, Amazon, Meta & more

See which stocks are posting big moves after the bell.

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Paramount CEO David Ellison wants to release 30 films annually. History and Hollywood say it's unrealistic

While David Ellison has set a lofty goal for Paramount to release 30 films a year, there's no recent precedent for such a haul.

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OpenAI trial live updates: Musk clashes with Altman's lawyer in cross-examination

Elon Musk sued OpenAI, Sam Altman and Greg Brockman in 2024, claiming they reneged on their promise to keep the artificial intelligence lab a nonprofit.

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Chipotle posts surprise same-store sales growth in early sign chain could be breaking its slump

Chipotle shares have plummeted 35% over the last year.

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Ford raises 2026 guidance as $1.3 billion tariff refund assists in offsetting higher costs

Aside from earnings and any changes to the automaker's 2026 guidance, investors will be monitoring effects from the Iran war, tariffs and the pullback in EVs.

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Kalshi bettors called it: Powell says he will stay on as Fed governor after chair term ends

Bettors on the platform don't think Powell will leave until August. If he stays on until then, he'd attend two more meetings of the FOMC.

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Bill Ackman's Pershing Square USA fund falls sharply in public market debut

The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.

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Stocks making the biggest moves midday: GE HealthCare Technologies, Bloom Energy, Seagate, Teradyne, & more

Here are the stocks making headlines in midday trading.

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Trump says it's 'great' that UAE pulled out of OPEC

The UAE has faced repeated missile and drone attacks by Iran, a fellow OPEC member, as it responds to the U.S.-Israeli war.

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Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism 'unprecedented'

Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.

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Fed holds rates steady but with highest level of dissent since 1992

The Federal Reserve on Wednesday released its latest decision on interest rates.

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Hegseth defends Iran war's mission, costs in first testimony since conflict began

Democratic lawmakers grilled Hegseth about the Iran war in a hearing about the Pentagon's budget.

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Major Fed rate dissent, Powell to stay on — plus, Boeing takes an unwarranted hit

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Comey will challenge Trump seashells threat indictment as vindictive prosecution, lawyer says

Former FBI Director James Comey has been indicted twice since President Donald Trump regained office. The first case was dismissed by a judge.

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