Trump’s 250-foot ‘triumphal arch’ would loom over Potomac, new renderings show
Rep. Don Beyer said “President Trump is focused on a taxpayer-funded vanity project that would choke traffic, block our skyline, and tower over sacred ground.”
Earnings season could finally give the stock market some good news. Here’s what’s ahead
Given a strong earnings backdrop, investors have been optimistic that companies can weather an energy shock — so long as there is a quick resolution to the war.
Consumer sentiment hits record low, inflation fears rise amid Iran war
The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
Europe’s Airport Industry said if the Strait of Hormuz doesn’t reopen “systemic jet fuel shortage is set to become a reality for the EU.”
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
What this real-world oil price says about the level of stress in the energy market
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil market.
U.S. Postal Service seeks hike in price of first-class mail stamps to 82 cents in July
The USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp prices along with other measures.
Automatic U.S. military draft registration planned by December, filing shows
The proposed timetable for automatic military draft registration came weeks after the U.S. and Israel launched a war against Iran.
Strait of Hormuz oil traffic way down after ceasefire; Hassett says even one tanker is big deal
Trump said the temporary ceasefire is “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”
Amazon CEO Jassy defends $200 billion AI spend: “We’re not going to be conservative”
Amazon shares have struggled so far this year as investors question the company’s aggressive AI spending plans.
