News from the economy, politics and the financial markets
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Latest news
Treasury yields edge lower as investors hope for U.S.-Iran deal
Treasury yields rose fractionally Monday as the price of global crude oil benchmarks climbed about 7%, once again clouding the U.S. inflation outlook.
The indicator guiding our next move as stocks shake off breakdown in peace talks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
BlackRock raises view on U.S. stocks on belief that war is over, profits are up
The firm, which manages $14 trillion for clients, said in its weekly market note that it raised the rating a notch to overweight from neutral.
IRS publishes list of occupations that qualify for 'no tax on tips' provision
The "big beautiful bill" introduced a tax provision that allows some workers to deduct the tips they earn. The IRS released the final rule on who qualifies.
Goldman shares fall on imperfect quarterly results. Here's our advice on the stock from here
Our thesis on the investment banking giant remains intact despite some blemishes in its first-quarter earnings.
Here's 1 move experts agree is essential for navigating financial uncertainty
Regardless of what the future brings, now is always the right time to prepare. Here are the best ways to navigate financial uncertainty, according to experts.
Texas attorney general probes Lululemon over potential 'forever chemicals' in its activewear
The probe will examine whether Lululemon's athletic apparel contains PFAS, which the brand's customers would not expect based on its marketing, Paxton said
Wind energy ETF technical catalyst could herald further gains, Katie Stockton says
FAN recently cleared its February high, which gives it a better chance of clearing the 2021 peak over the coming weeks.
McDonald's to add refreshers, crafted sodas to U.S. menus
The fast food giant last year shut down its five CosMc's concept stores in the U.S., which the company said it had opened to test the beverages space.
Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds
Although the government could pay billions of dollars in tariff refunds, consumers shouldn't expect to see money back, according to a CNBC CFO Council survey.
Trump deletes Truth Social image depicting him as Jesus: 'I thought it was me as a doctor'
President Donald Trump in May 2025 posted an apparent AI image depicting himself as a Catholic pope after the death of Pope Francis.
Judge dismisses Trump $10B defamation lawsuit against Murdoch, WSJ about Epstein letter
President Donald Trump has denied sending a bawdy 50th birthday letter to his then-friend Jeffrey Epstein at the request of Ghislaine Maxwell.
Stocks making the biggest moves midday: Oracle, Conagra, Salesforce, Goldman Sachs & more
Here are some of the stocks making headlines in midday trading.
Revolution Medicines says its potential breakthrough pancreatic cancer drug succeeds in late-stage trial
Revolution Medicines' drug for pancreatic cancer succeeded in a highly anticipated Phase 3 trial, the company said.
Wall Street still loves streaming, but are its affections well placed?
While streaming continues to drive media stocks, especially around quarterly earnings, it's not clear when it will start driving profits for smaller players.
LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
The luxury sector had shown some signs of a long-awaited recovery after a years-long slump prompted by soft demand from Chinese consumers.
Stock market optimism is baffling some on Wall Street
Many said there's a disconnect that reflects investors' growing willingness to look through near-term risks and a fear of missing out on any eventual rebound.
U.S. begins blockade in Strait of Hormuz; Trump warns Iran 'attack ships' to stay away
The U.S. blockade would apply to "any and all Ships trying to enter, or leave, the Strait of Hormuz," President Donald Trump said.
Trump threatens 50% tariffs on China as report suggests plans for arms shipment to Iran
U.S. President Donald Trump has threatened to impose a 50% tariff on China, after a report on Sunday that Beijing was preparing a weapons shipment to Iran.
Middle East oil production plunges due to Iran war, OPEC data shows
The Gulf Arab states have cut production because they are unable to export through the Strait of Hormuz due to the war.
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