Oil rises as White House says Iran ceasefire halts 60-day war deadline
Under the 1973 War Powers Resolution, a U.S. president needs to withdraw troops 60 days after reporting their deployment to…
Economy
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. ...
Microsoft calls for $190 billion in 2026 capital spending on soaring memory prices
Microsoft's forecast on revenue and operating margin was light, but the company sees $190 billion in 2026 capital spending, well…
Meta stock drops on quarterly results as ‘internet disruptions’ in Iran drag down user numbers
Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates. ...
ABC faces renewed Trump backlash as Kimmel says comments ‘not, by any stretch’ call for violence
While it's not the first time Kimmel has faced backlash over a show monologue, the renewed challenges now fall under…
Jamie Dimon warns of ‘some kind of bond crisis’ ahead as global debt risks build
Dimon, who runs JPMorgan Chase, the world's largest bank by market cap, said that today's growing mix of risks could…
United Arab Emirates to leave OPEC May 1, energy chief says still committed to oil price stability
The UAE said it decided leaving OPEC was in its national interest after reviewing its production policy and capacity. ...
European markets open higher as Iran reportedly makes peace proposal
European stocks began the new week on a broadly positive footing as investors keep a close eye on stalled Iran-U.S.…
Trump: Shooter at White House press dinner had multiple weapons, one officer shot
Trump, seated next to first lady Melania Trump, was quickly surrounded by Secret Service agents, while many attendees ducked under…