A senior Iranian official has refuted earlier media claims that the Islamic Revolutionary Guard Corps (IRGC) Navy would conduct live-fire military exercises in the vital Strait of Hormuz this week, calling the reports inaccurate.
Crude futures retreated sharply on Monday after weekend comments from U.S. President Donald Trump suggested diplomatic engagement with Iran, easing fears of a military confrontation that had recently buoyed markets.
With the specter of U.S. military action looming, Iran is engaging in a frantic diplomatic push with regional powers like Turkey, while global capitals scramble to prevent a full-scale war. Despite the outreach, analysts warn the window for de-escalation is narrowing.
As the digital asset market matures, two powerful forces—comprehensive U.S. regulation and a pivot toward tokenized stable assets—are poised to redefine the trading landscape by 2026, potentially attracting a new wave of capital while curbing volatility.
Taiwan Semiconductor Manufacturing Company (TSMC), commanding over 70% of the advanced chip foundry market, is accelerating its U.S. manufacturing footprint amid shifting trade policies and sustained explosive financial growth, solidifying its indispensable role.
Ukrainian President Volodymyr Zelenskiy stated on Monday that achieving a lasting and honorable peace is a realistic goal, as preparations finalize for a new round of negotiations involving Russian and U.S. officials set to begin this week in the UAE capital.
A Connecticut man faces charges after police say he operated a snow plow under the influence of cocaine, leading to a destructive path through residential properties on his very first shift.
Amidst market volatility, Microsoft's diversified empire—spanning cloud, AI, productivity, and gaming—positions it as a resilient long-term holding for investors looking beyond short-term fluctuations.
Tesla's stock dipped amid reports of potential Ford-Xiaomi joint venture talks, highlighting growing competitive pressures from Chinese EV makers and the complex geopolitical landscape shaping the auto industry's future.
An Atlanta law firm is investigating Home Depot's planned layoff of nearly 800 Georgia workers, exploring a potential class-action lawsuit over whether the company violated federal notification laws.
The CoinDesk 20 Index, a key benchmark for the digital asset market, fell sharply over the weekend, with every constituent in the red. Ethereum's 13.9% drop was a primary driver of the downturn.
A new Penn State report uncovers that soaring iGaming revenues in Pennsylvania are driven disproportionately by a minority of big spenders, raising questions about industry sustainability and consumer protection.
Luxury retailer Saks Fifth Avenue is laying off 69 employees in New Jersey as it closes three discount outlets, part of a broader restructuring following its acquisition of Neiman Marcus and a pre-negotiated bankruptcy filing.
A damning report from the European Court of Auditors reveals the bloc is falling dangerously behind in securing the lithium, cobalt, and nickel needed for its energy transition, leaving climate goals and strategic autonomy in jeopardy.
While October's COLA announcement brings temporary relief, a growing body of evidence suggests the formula used to calculate Social Security adjustments fails to reflect the real-world expenses of retirees, creating a persistent and compounding budget gap.
Albertsons' retail media division opens its first NYC office and unveils a new logo, signaling a significant expansion and strategic push to deepen ties with advertisers and agencies in the competitive retail media landscape.
A fire erupted in a commercial building in Karachi on Monday, just weeks after a nearby inferno claimed dozens of lives. Firefighters are battling the flames as concerns mount over recurring safety lapses in the city's business districts.
Turkish energy firm Reges Elektrik has completed its acquisition of Tuşpa Enerji, unlocking the start of operations at the 70MW Demirli Wind Power Project in Kırşehir and marking its strategic shift into large-scale power generation.
As Kevin Warsh emerges as a frontrunner for Federal Reserve Chair, former colleagues paint a picture of a consensus-seeking listener. But with the Fed facing internal divisions and external pressure, questions remain: Is his collaborative style the steady hand needed, or a potential liability in times of crisis?
From Mussolini's Rome-Berlin Axis to Bush's 'Axis of Evil,' the term has evolved into a potent geopolitical label. Its revival to describe groupings like the 'Axis of Upheaval' reveals how language frames modern conflicts and defines the boundaries of legitimacy in international politics.
