Oil prices fall as traders monitor developments in Iran after president’s death
Ebrahim Raisi, president of OPEC’s third-largest producer, died in a helicopter accident.
Target lowering prices on 5,000 frequently bought items
The price cuts will mostly affect grocery staples and household staples. Consumers are feeling increasingly pinched amid the inflationary environment.
Morgan Stanley stock strategist Mike Wilson raises S&P 500 forecast to 5,400 after bearish call on 2024 fails to pan out
The new target marks a reversal for Wilson from his previously grim expectation now that stocks have surged to all-time highs.
Judge blasts Trump defense witness for ‘contemptuous’ staring, muttering at hush money trial
Closing arguments in the New York criminal hush money trial of Donald Trump will take place after Memorial Day.
Iran’s President Raisi and Foreign Minister Amirabdollahian killed in helicopter crash, state media says
Iranian President Ebrahim Raisi died in a helicopter crash along with Foreign Minister Hossein Amirabdollahian, state media reported Monday.
The lunch rush is dead as Americans live for the weekend
Office workers are pinching lunchtime pennies to splurge on weekend meals and happy hour drinks, new transaction data shows.
Biden to deliver Morehouse graduation speech amid concerns from faculty and students
Biden’s speech comes after weeks of protests from some members of the HBCU’s community over his handling of the war in Gaza.
Microsoft set to unveil its vision for AI PCs at Build developer conference
Microsoft Build 2024 starts Tuesday, and the company is expected to talk about how Windows will power new “AI PCs.”
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.
