Stocks Hit New Record On Hopes War In Iran Will Be Over

Stocks Hit New Record On Hopes War In Iran Will Be Over

Stocks reached a new record on Friday, extending gains on hopes the war in Iran will be over and the reopening of the Strait of Hormuz. Concretely, the S&P 500 climbed by 1.2%, reaching an all-time high and closing a third straight week of gains, the longest since October. The Dow Jones soared by 868…

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Chevron Scores Supreme Court Win in Louisiana Wetlands Case

Chevron Scores Supreme Court Win in Louisiana Wetlands Case

Oil giant Chevron won a major Supreme Court victory on Friday that could end Louisiana‘s long-running effort to hold oil companies financially responsible for damage to its coast. In an 8-0 Ruling, the justices said the company had shown a sufficient connection between the conduct challenged in Louisiana’s lawsuit and the company’s wartime work for…

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U.S. to Reportedly Delay Weapons Deliveries to Europe as Iran War Strains Military Stockpiles

U.S. to Reportedly Delay Weapons Deliveries to Europe as Iran War Strains Military Stockpiles

The United States has warned some European allies that previously contracted weapons deliveries may be delayed as the war with Iran continues to drain American stockpiles, according to a new report. Citing sources familiar with the matter, Reuters noted that U.S. officials had informed European counterparts that some arms sales under the Foreign Military Sales…

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Why Is Bitcoin Stuck at $70,000 — And What It Signals For The Next Big Move

Why Is Bitcoin Stuck at ,000 — And What It Signals For The Next Big Move

For months, Bitcoin investors have watched the same number appear on their screens. Around $70,000. The movement has been narrow, sometimes frustratingly so. Traders who expected fireworks after Bitcoin’s explosive rally are instead seeing a market that appears frozen in place. Yet industry leaders say this stillness may be misleading. Executives from BitFuFu, Ace Host,…

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