The U.S. stock market is rallying toward another record Wednesday after GE Vernova, Boston Scientific and other big companies joined the list of those reporting fatter profits for the start of the year than analysts expected.
The United States and Iran have signaled they will hold a new round of ceasefire talks in Pakistan, two regional officials said Tuesday, as leaders on both sides warned they were prepared for more fighting if a fragile two-week truce expires without a deal.
President Donald Trump offered mixed messages Monday about the path ahead for the U.S. war against Iran, declaring that he was in no rush to end the conflict while also expressing confidence that further negotiations with Tehran will soon take place in Pakistan.
Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran two days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place.
Gas prices continue to trend downward in South Carolina.
Oil prices are falling by more than 10% Friday, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open again for oil tankers carrying crude from the Persian Gulf to customers worldwide.
Iran said Friday it fully reopened the Strait of Hormuz to commercial vessels, but President Donald Trump said the American blockade on Iranian ships and ports “will remain in full force” until Tehran reaches a deal with the U.S., including on its nuclear program.
Israel agreed Thursday to a 10-day ceasefire in Lebanon, a truce that could pause fighting with the Hezbollah militant group and boost attempts to extend the ceasefire between Iran, the United States and Israel after weeks of devastating war.
An effort to ramp up U.S. weapons production and build more ships, planes and drones will require a massive upfront investment, President Donald Trump’s budget director told a House committee Wednesday.
The Republican-led Senate on Wednesday rejected the latest Democratic attempt to halt President Donald Trump’s war in Iran, turning aside a resolution that would require the U.S. to withdraw forces from the conflict until Congress authorizes further action.
