Iran War Oil Shock: 50 Days, $50 Billion Gone

Iran War Oil Shock: 50 Days, $50 Billion Gone
Fishing boats are seen in front of oil tankers on the Persian Gulf waters, south of the Strait of Hormuz, offshore Ras Al Khaimah in United Arab Emirates. (Kamran Jebreili/AP)
Experts Warn: Looks Like COVID Market Crash Coming
We have yet to feel the full force of the unfolding crisis in the Middle East, investing strategists warn.... [Full Story]
Nasdaq Extends 13-Day Streak as Iran Opens Hormuz
The benchmark S&P 500 and the tech-heavy Nasdaq each rallied to their [Full Story]
Meta Targets May 20 for 1st Wave of Layoffs
Meta intends to conduct a first wave of sweeping layoffs planned for [Full Story]
Abbott Threatens $200 Million Cut to Texas Cities
Texas Gov. Greg Abbott is threatening to cut roughly $200 million in [Full Story]
Trump Lawyers, IRS in Talks Over $10 Billion Suit
Lawyers for President Donald Trump are engaged in talks with the [Full Story] | video
Zelenskyy Calls for Joint Efforts to Set Up Hormuz  Mission
Ukrainian President Volodymyr Zelenskyy called on Friday for joint [Full Story]
How 50 Days of Iran War Wiped Out $50 Billion in Oil
The world has lost over $50 billion worth of crude oil that has not [Full Story]
McLaughlin Poll: Voters Back Trump on Iran
After sacrifice by American service members, voters are not wavering. [Full Story]
Shippers Seek Clarity Before Hormuz Crossing
Shipping companies have cautiously welcomed Iran's announcement that [Full Story]
Supreme Court Backs Oil Firms in Louisiana Case
The Supreme Court handed a win Friday to oil and gas companies [Full Story]
Gold 'Buy the Dip' Call Emerges
Gold is holding near record territory and sending a clear signal to [Full Story]
Comer: Epstein Probe Expands With New Depositions
House Oversight Committee Chairman James Comer, R-Ky., told Newsmax [Full Story]
Oil Plunges, Stocks Jump as Iran Opens Hormuz
Oil prices plunged more than 10% Friday after Iran said the Strait of [Full Story]
Anthropic CEO Heads to WH Over AI-Pentagon Clash
Anthropic's CEO was expected to visit President Donald Trump's chief [Full Story]
Bessent, Powell Warn Bank CEOs of AI Cyber Risk
U.S. financial leaders are sounding the alarm over a new generation [Full Story]
US Launches Tariff Refund System
Jay Foreman said he's "locked and loaded" for the U.S. government's [Full Story]
Why Stocks Are Surging Despite Iran War
Investors Look Past Oil Shock, Bank on Growth-But Risks RemainU.S. [Full Story]
Trump: Biggest Tax Refunds for Tipped Workers
President Donald Trump said Las Vegas was the "birthplace" of his "no [Full Story]
US Oil Exports Surge, Near Net Exporter Milestone
The U.S. nearly turned into a net crude exporter last week for the [Full Story]
Guard Against Medicare & Social Security Scams
According to the U.S. Senate Special Committee on Aging's 2025 [Full Story]
Netflix Shares Dive as Revenue Barely Beats Expectations
Netflix shares plummeted more than 8% Thursday as the TV streaming [Full Story]
Netflix Co-Founder Reed Hastings to Exit in June
Netflix Chairman Reed Hastings is leaving the streaming service he [Full Story]
Tennessee AG: Live Nation Verdict Proves Monopoly
A federal jury's finding that Live Nation Entertainment has [Full Story] | video
Report: Altman Suspect Urged 'Luigi-ing' Tech CEOs
A Texas college student accused of attempting to kill OpenAI CEO Sam [Full Story]
Chris Orestis
According to the U.S. Senate Special Committee on Aging's 2025 report, Age of Fraud: Scams Facing Our... [Full Story]
Mario Henry
Everybody keeps looking at the stock market like that's where the next problem is going to come from. They're... [Full Story]
Machi Block
American Hartford Gold
Gold has been on a volatile ride, and it has people asking a familiar question: is the rally over?But a... [Full Story]
Lauren Fix
The Car Coach®
Washington finally did something that actually helps drivers at the pump -- but only halfway.... [Full Story]
Peter Morici
Twitter @pmorici1
The war with Iran has reached a crisis for America's economy and global standing.... [Full Story]
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