U.S. World Business Lifestyle
Today: June 16, 2026
Today: June 16, 2026

Middle East Conflict

Business|Economy|Finance|Political|World

More Fed policymakers eye possible rate hike as inflation risks rise

By Michael S.

More Fed policymakers eye possible rate hike as inflation risks rise
Business|Economy|World

US warns Oman not to engage in facilitating tolls for Strait of Hormuz

The United States warned Oman on Thursday not to get directly or indirectly involved in any effort to impose a toll in the Strait of Hormuz, saying it will penalize any

US warns Oman not to engage in facilitating tolls for Strait of Hormuz
Business|Economy|Europe|MidEast|World

European shares dip as Middle Eastern developments keep investors wary

European shares closed lower on Thursday, though they pared steeper losses after a report on news outlet Axios said the United States and Iran

European shares dip as Middle Eastern developments keep investors wary
Economy|Health|Political|World

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes

President Donald Trump insists a peace deal is close on the 88th day of the Iran war

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes
Business|Economy|Political|World

US launches fresh strikes on Iran as talks to end war proceed

U.S. forces on Monday conducted strikes in southern Iran against targets including boats attempting to lay mines and missile

US launches fresh strikes on Iran as talks to end war proceed
Political|World

Netanyahu admits difficulty influencing Trump decisions on Iran, sources say

Prime Minister Benjamin Netanyahu has told confidants in private conversations that Israel has little ability to influence Donald Trump's decision-making on

Netanyahu admits difficulty influencing Trump decisions on Iran, sources say
Business|Economy|Finance|Political|US|World

Republicans who have drawn a hard line on Iran pan Trump's emerging proposal to end the war

President Donald Trump’s emerging deal to end the Iran war is drawing heavy criticism from some fellow Republicans

Republicans who have drawn a hard line on Iran pan Trump's emerging proposal to end the war
Political|US|World

Possible deal on Iran divides US lawmakers largely along party lines

U.S. lawmakers appearing on Sunday morning talk shows split sharply over a potential deal to end the Iran war, with Republicans mostly backing the publicly reported contours of an

Possible deal on Iran divides US lawmakers largely along party lines
Business|Economy|MidEast|Political|World

Netanyahu told Trump Israel will remain free to act against threats, Israeli source says

Israeli Prime Minister Benjamin Netanyahu told U.S.

Netanyahu told Trump Israel will remain free to act against threats, Israeli source says
Political|World

Trump says negotiators are getting closer to Iran deal, media interviews show

President Donald Trump said on Saturday that negotiators for the United States and Iran were "getting a lot closer" to finalizing an agreement to end the war, according

Trump says negotiators are getting closer to Iran deal, media interviews show
Arts|Business|Economy|Entertainment|Travel|World

Abu Dhabi is ‘doubling down’ on tourism despite Iran war

Abu Dhabi is ‘doubling down’ on tourism despite Iran war

Abu Dhabi is ‘doubling down’ on tourism despite Iran war
Business|Economy|Finance|World

Philippine central bank governor says it is considering off-cycle rate hike

The Philippine central bank could hike interest rates ahead of its scheduled policy meeting on June 18, its governor said on Friday.

Philippine central bank governor says it is considering off-cycle rate hike
Economy|MidEast|Political|US|World

Republicans call off vote on Iran war resolution that was on the verge of passing

Republicans are struggling to find the votes to dismiss legislation that would compel President Donald Trump to withdraw from the war with Iran

Republicans call off vote on Iran war resolution that was on the verge of passing
Business|Economy|Political|Science|World

Trump vows U.S. will retrieve uranium from Iran

President Donald Trump vowed on Thursday that the United States will eventually recover Iran's stockpile of highly enriched uranium despite comments from Iran that it

Trump vows U.S. will retrieve uranium from Iran
Business|Economy|Political|World

As Netanyahu spotlights Israel's ties to the UAE, its rulers prefer to be discreet

The tight relationship between Israel and the United Arab Emirates is typically managed discreetly

As Netanyahu spotlights Israel's ties to the UAE, its rulers prefer to be discreet
Business|Economy|Finance|Political|World

Iraq seeking financial assistance from IMF, World Bank as result of Iran war

Iraqi officials have approached the International Monetary Fund about securing financial assistance as a result of the

Iraq seeking financial assistance from IMF, World Bank as result of Iran war
Business|Economy|Environment|Finance|Stock Markets|Technology|US|World

Land management company EagleRock raises about $320 million in US IPO

EagleRock, a land and resource management company that collects royalties and fees from oil and gas ‌production on the land it controls in the Permian Basin, has raised $320.1

Land management company EagleRock raises about $320 million in US IPO
Business|Economy|Finance|Stock Markets|World

Air NZ warns of largest loss in four years as Iran war sends fuel cost soaring

Air New Zealand on Thursday forecast its largest pre-tax annual loss in four years, as sky-high fuel costs due to the Middle East conflict

Air NZ warns of largest loss in four years as Iran war sends fuel cost soaring
Business|Economy|Finance|Political|Stock Markets|US|World

Saudi warplanes struck militias in Iraq during war, sources say

Saudi fighter jets bombed targets linked to powerful Tehran-backed Shi'ite militias in Iraq during the

Saudi warplanes struck militias in Iraq during war, sources say
Business|Economy|Environment|Political|World

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit

President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit
Business|Economy|Finance|World

Dollar rises after hot inflation data, Iran ceasefire eyed

The U.S. dollar climbed for a second straight session on Tuesday, after U.S. economic data showed inflation continued to increase, while uncertainty

Dollar rises after hot inflation data, Iran ceasefire eyed
World

Israel says carried out strike targeting commander of Hezbollah's elite force

The Israeli military carried out a strike on Wednesday on the southern suburbs of Beirut in a Hezbollah stronghold known as Dahiyeh, targeting the commander of the militant group's

Israel says carried out strike targeting commander of Hezbollah's elite force
Political|Science|World

Trump says United States will get uranium from Iran

President Donald Trump said on Wednesday the United States would get enriched uranium from Iran, as the two countries struggle to reach an agreement on ending the Gulf

Trump says United States will get uranium from Iran
Business|Economy|Finance|Travel|World

LATAM Airlines cuts 2026 earnings forecast as jet fuel shock lifts costs

LATAM Airlines slashed its 2026 core earnings forecast on Tuesday, as higher jet fuel prices driven by the conflict in the Middle East significantly increased costs

LATAM Airlines cuts 2026 earnings forecast as jet fuel shock lifts costs
Business|MidEast|Political|World

Iran sets up new mechanism to manage vessel transit through Hormuz

Iran has set up a new mechanism to manage the transit of vessels through the Strait of Hormuz, Iran's Press TV reported on Tuesday. Iran has warned the U.S.

Iran sets up new mechanism to manage vessel transit through Hormuz
Business|Economy|Finance|World

From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis

Companies in Australia and New Zealand are beginning to signal the financial strain from the U.S.-Israeli war on Iran, as higher fuel prices stoke inflation, dent business and

From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis
Business|Economy|Finance|US|World

Williams says Fed policy well positioned for economic risks, uncertainty

By Michael S.

Williams says Fed policy well positioned for economic risks, uncertainty
Europe|MidEast|Political|World

Rubio to travel to Rome amid US tensions with Pope Leo, Meloni

U.S.

Rubio to travel to Rome amid US tensions with Pope Leo, Meloni
Business|Economy|Finance|Stock Markets|World

Global equity funds attract inflows for sixth week on earnings optimism

Global equity funds drew inflows for a sixth straight week through April 29, as optimism over strong first-quarter earnings outweighed investor concerns about the Middle East

Global equity funds attract inflows for sixth week on earnings optimism
Business|Economy|Environment|Finance|Stock Markets|World

HSBC raises 2026 Brent price forecast to $95 per barrel

HSBC raised its 2026 average Brent price forecast to $95 a barrel last week, citing a longer effective closure of the Strait of Hormuz.

HSBC raises 2026 Brent price forecast to $95 per barrel
Political|US|World

Trump says deadline for Congress to approve Iran war doesn't apply: Hostilities have 'terminated'

The White House is telling Congress that hostilities with Iran have “terminated” despite the continued presence of U.S. armed forces in the region

Trump says deadline for Congress to approve Iran war doesn't apply: Hostilities have 'terminated'
Business|Economy|Environment|Finance|Stock Markets|World

Exxon net income falls, output hit by Iran war

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though net income dropped to its lowest

Exxon net income falls, output hit by Iran war
Economy|Education|Opinion|Political|World

Why the 60-day War Powers Resolution deadline doesn’t actually constrain presidents

Donald Trump’s unilateral move to engage in military action against Iran isn’t unprecedented; Presidents Obama and Clinton directed U.S. military engagements without explicit congressional approval

Why the 60-day War Powers Resolution deadline doesn’t actually constrain presidents
Business|Economy|Finance|Technology|World

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount

Toyota is expected to report a fourth successive year-on-year decline in quarterly operating profit next week, as rising material and labour costs and the

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount
Business|Economy|Environment|Political|World

Iran threatens painful response if US renews attacks

Iran said on Thursday it would respond with "long and painful strikes" on U.S. positions if Washington renewed attacks and

Iran threatens painful response if US renews attacks
Business|Economy|Finance|Stock Markets|US|World

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes

The S&P 500 and the Nasdaq opened higher on Thursday as investors drew comfort from strong earnings, even as fears about an escalation in the Middle East conflict deepened.

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes
Business|Economy|Finance|World

Dollar hits multi-week highs as oil surges, yen near 160

The dollar touched a new multi-week high on Thursday as fears of a further escalation in the Middle East lifted oil prices, while the Federal

Dollar hits multi-week highs as oil surges, yen near 160
Business|Economy|Finance|World

FULL TEXT- Bank of Canada leaves key interest rate unchanged

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and

FULL TEXT- Bank of Canada leaves key interest rate unchanged
Business|Economy|Finance|Stock Markets|Technology|World

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation

GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
Business|Economy|World

Panama Canal sees spike in vessel traffic due to war in Middle East

The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East

Panama Canal sees spike in vessel traffic due to war in Middle East
Business|Economy|Stock Markets|World

Sinking AI stocks and rising oil prices weigh on Wall Street

Sinking AI stocks and another climb in oil prices helped pull Wall Street off its record heights

Sinking AI stocks and rising oil prices weigh on Wall Street
Science|Technology|World

How electronic warfare is sowing confusion in cockpits

How electronic warfare is sowing confusion in cockpits

How electronic warfare is sowing confusion in cockpits
Economy|MidEast|Political|US|World

The Latest: Pakistan says US-Iran mediation moving ahead after Trump holds back envoys

Pakistan’s leaders are seeking to revive peace talks between the United States and Iran after President Donald Trump canceled plans for his top envoys to travel to Islamabad this weekend for negotiations

The Latest: Pakistan says US-Iran mediation moving ahead after Trump holds back envoys
Election|MidEast|Political|World

With goals of Iran war unfulfilled, Netanyahu's government faces unhappy public as elections loom

Israeli Prime Minister Benjamin Netanyahu sold a vision to Israelis as the country entered the war with Iran and invaded Lebanon

With goals of Iran war unfulfilled, Netanyahu's government faces unhappy public as elections loom
Business|Economy|Education|Environment|Finance|Political|Stock Markets|US|World

US legal adviser says Iran war justified by Tehran's 'aggression' over decades

The U.S.

US legal adviser says Iran war justified by Tehran's 'aggression' over decades
Business|Political|World

Pentagon chief Hegseth says US blockade on Iran 'going global'

U.S. Defense Secretary Pete Hegseth said on Friday that a U.S. blockade on Iran is going global, adding Tehran had a chance to make a "good deal" with Washington.

Pentagon chief Hegseth says US blockade on Iran 'going global'
Business|Economy|Europe|Technology|World

German software maker SAP beats first-quarter profit estimates on cloud demand

Europe's largest software maker SAP on Thursday reported a 17% increase in first-quarter profit, beating estimates, due to strong growth in its cloud business.

German software maker SAP beats first-quarter profit estimates on cloud demand
MidEast|Political|World

Trump says Lebanon and Israel agree to extend Israel-Hezbollah ceasefire by 3 weeks

President Donald Trump says Israel and Lebanon have agreed to extend a ceasefire between Israel and the Hezbollah militant group by three weeks after talks at the White House

Trump says Lebanon and Israel agree to extend Israel-Hezbollah ceasefire by 3 weeks
Business|Economy|MidEast|Political|US|World

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails