by Bibhu Pattnaik | Apr 18, 2026 | General
Elon Musk has argued that federally funded checks delivering a universal high income are his preferred response to job losses tied to artificial intelligence, framing it as an inflation-safe policy if automation expands real output fast enough. The idea is drawing...
by Nabaparna Bhattacharya | Apr 18, 2026 | General
Wall Street heads into a high-stakes week after a powerful rally fueled by easing geopolitical tensions. A packed earnings calendar will now test whether the market’s momentum can be sustained. CNBC host Jim Cramer outlined his strategy for the upcoming trading week...
by Bibhu Pattnaik | Apr 18, 2026 | General
In a recent post on X, Robin Brooks argued Europe has the tools to squeeze Russia’s war finances by stopping seaborne crude shipments leaving the Baltic, saying a U.S.-style cutoff has a track record of forcing exporters to bend. His call comes as oil traders...
by Bibhu Pattnaik | Apr 18, 2026 | General
On Saturday, Iran’s Islamic Revolutionary Guard Corps (IRGC) said in a statement that the Strait of Hormuz was shifted back to how it operated before April 17, putting the passage under tighter military oversight after what it described as U.S. interference with...
by Benzinga Senior Editor | Apr 18, 2026 | General
The Strait of Hormuz is once again closed. Iran’s military announced that the strait had “returned to its previous state” and “is under the strict management and control of the Armed Forces.” On Saturday, merchant ships trying to move...
by Mohd Haider | Apr 18, 2026 | General
Artificial intelligence chipmaker Cerebras Systems filed for an initial public offering with the Securities and Exchange Commission on Friday, after withdrawing its IPO plans in October 2025, stating the 2024 filing document was “stale.” Cerebras Systems,...
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