by Rishabh Mishra | May 8, 2026 | General
U.S. stock futures rose on Friday after Thursday’s declines. This followed an exchange of fire near the Strait of Hormuz between the U.S. and Iranian forces. Speaking to an ABC reporter, Donald Trump referred to the exchange as “just a love tap,” according to a social...
by Eva Mathew | May 8, 2026 | General
The S&P 500 pulled back from record highs on Thursday as investors weighed renewed tensions between the U.S. and Iran, though Polymarket traders continued to bet on another positive start for equities heading into Friday’s session. The benchmark index closed...
by Tanya Rawat | May 8, 2026 | General
U.S.-based employers announced 83,387 job cuts in April, up 38% from March, according to a report released Thursday by Challenger, Gray & Christmas. The April total was down 21% from the 105,441 cuts announced during the same month last year. Still, it marked the...
by Badar Shaikh | May 8, 2026 | General
The Donald Trump administration is reportedly inviting several tech and business leaders to accompany the President on his trip to Beijing next week. Trump Invites CEOs To Beijing The planned invitees include Boeing Co. (NYSE:BA) CEO Kelly Ortberg, Nvidia Corp.‘s...
by Tanya Rawat | May 8, 2026 | General
A panel of judges at the United States Court of International Trade ruled Thursday that Donald Trump’s 10% global tariffs imposed under Section 122 of the Trade Act of 1974 were “unauthorized by law.” In a 2-1 ruling, the court found the...
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