Economy

The Hormuz War Will End

And when it does, a rare window for bold collective action will open.

3 Sneaky Mortgage Loan Traps to Avoid This Spring, According to Experts

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Oil Prices Rise, Stocks Fall Ahead of Trump's Tuesday Night Deadline for Iran

Updated on: April 7, 2026 / 10:24 AM EDT / CBS News

Hedge fund borrowing exposes emerging markets to greater Iran war risk, says IMF

Analysis shows developing economies more likely to experience higher interest rates and currency shocks

Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation

Elon Musk’s aerospace to AI company will host summer event to try to convince buyers it is worth $2tn

These are the biggest risks of gold investing right now, according to experts

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Cuba could be the next Hong Kong. Here’s what it would take

We’ve been thinking about Cuba a lot lately. One of us, whose mother fled the island with her parents, grew up in a Cuban exile community shaped by stories, grief, and a stubborn belief that things could one day be different. The other has spent four decades at the intersection of policy and politics, watching administration after administration fail to turn that hope into reality.

Danone CEO flags price uncertainty as Iran war escalates: ‘Nobody knows' how conflict will play out

Consumer goods companies increasingly take stock of how the Iran war may impact their operations and costs base, as the conflict enters its sixth week.

Universal Music targeted in takeover bid by hedge fund Pershing Square

American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.

Iceland chain offers job to man sacked by Waitrose after confronting shoplifter

Iceland’s chair Richard Walker says Walker Smith is ‘welcome to a job with us’ as public fundraiser hits £7,500

Gas prices: National average up to $4.14 per gallon

Gas prices increased again on Tuesday, with the national average for regular gas rising to $4.14 per gallon, according to AAA. It’s the ninth straight day of increases at the pumps, continuing the trend of having the highest prices since 2022.

'The thaw is real': Indian delegation visits China to talk EVs and more

As the Iran war disrupts energy flows, Indian firms make their first China trip in five years, seeking EV, battery and renewable tie-ups.