Government

The S&P 500 fell on Tuesday as investors rotated out of chip stocks and into cyclical sectors, but Polymarket traders are betting the benchmark index will rebound at Wednesday’s open. The S&P 500 closed down 0.57% at 7,511.35, while the June 17 Polymarket contract implied an 78%...

Negotiations between Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) regarding the leasing of Oracle’s cloud infrastructure reportedly came to a halt due to security and compliance issues. The objective was to transfer some of Microsoft’s...

Recent findings by U.S. intelligence agencies reportedly suggested that Iran can now shut down the Strait of Hormuz at will, irrespective of the impending framework agreement scheduled for signing in Geneva on Friday. Iran is contemplating an economic “nuclear option” if...

Following the Donald Trump administration’s announcement of an Iran peace deal, financial markets are bracing for a massive boost. FedWatch Advisors founder Ben Emons says the reopening of the Strait of Hormuz will trigger a “relief rally” that will unlock global economic recovery...

(Editor’s note: The lede, headline, futures and economic data were updated.) U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday’s rally. The Labor Department reported that U.S. import prices advanced 1.9% in...

General Motors Co. (NYSE:GM) is said to be in negotiations with Lockheed Martin Corporation (NYSE:LMT) to manufacture parts for the defense contractor’s weaponry, according to a report published on Monday. GM may manufacture widely used components to help Lockheed boost munitions production...

Sen. Bernie Sanders (I-VT) criticized President Donald Trump and his family for using the White House as a venue for a UFC fight and profiting from it. Sanders took to X on Monday and pointed out that while a UFC fight was being hosted at the White House, the Trump family was selling...

The S&P 500 surged on Monday after President Donald Trump announced a deal to end the war between the U.S. and Iran, but Polymarket traders remain divided on whether the benchmark index can extend its gains at Tuesday’s open. The S&P 500 jumped 1.65% to close at 7,554.29 on Monday,...

The Bank of Japan (BOJ) raised interest rates to a level unseen in 31 years on Tuesday, aiming to normalize monetary policy amid mounting inflation pressures. The BOJ has upped its short-term policy rate from 0.75% to 1%, a level last observed in 1995. The decision was primarily motivated by the...

Sen. Elizabeth Warren (D-Mass.) targeted President Donald Trump‘s growing fortune on Monday, arguing that the president’s personal wealth had increased by roughly $1.4 billion this year even as wage growth for many Americans has slowed. In a post on X, Warren shared a graphic comparing...