Iran offers Strait of Hormuz deal; Trump dissatisfied but prefers non-military path
Trump said he was not satisfied with the latest Iranian proposal. Iran’s foreign minister said Tehran was ready for diplomacy if U.S. changes its approach.
Trump says he is reviewing a new Iranian proposal to end the war
Trump warned there was still the possibility of restarting strikes on the country if Tehran misbehaves.
OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say
The output increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.
Airfare amid Iran war: Buy now or wait out the conflict? Experts weigh the risks
It could be risky to delay buying plane tickets and hoping fares will drop, according to travel experts.
Private credit turns to financial alchemy as an antidote to ‘peak anxiety’
Default rates are elevated and credit managers are getting creative.
Berkshire annual meeting recap: Buffett says investing environment not ideal, sees ‘gambling’ in markets
Warren Buffett has loomed large at Berkshire Hathaway’s annual shareholder meetings. Greg Abel tackled a wide array of topics in his first as CEO.
Long-duration equities and renewable energy — four investment strategies from the studio
The S&P 500 and the Nasdaq posted their best month since 2020 in April, as tech stocks drove gains boosted by the AI trade.
Germany urges stronger European defense after U.S. reduces troops
The Pentagon announced on Friday that the U.S. would withdraw 5,000 soldiers from Germany, its largest European base.
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.
Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era
Talks with bondholders for a government bailout this week failed to yield a deal.
