U.S. oil benchmark WTI rises 5% as markets react to concerns over a potential impasse in the Middle East.

IMF chief Kristalina Georgieva warns of a 'much worse' global economic outlook if the Middle East conflict persists into 2027, citing risks of rising inflation and oil prices hitting 125 dollars per barrel.

IMF Managing Director Kristalina Georgieva warned that the global economy faces a 'much worse outcome' if the Middle East conflict continues into 2027, potentially driving oil prices to 125 dollars per barrel and fueling inflation.

Blue Owl has sold about half of its stake in SpaceX, according to the firm's co-CEO. The sale was executed at a $1.25 trillion valuation for the aerospace company.

Blue Owl co-CEO stated that the firm has sold approximately half of its stake in SpaceX, a transaction based on a $1.25 trillion valuation for the aerospace company.

Union Pacific and Norfolk Southern propose a $71.5 billion merger. The companies project the combined entity would control 39% of the U.S. rail freight market.

Union Pacific and Norfolk Southern have announced a proposed $71.5 billion merger, which the companies estimate would result in a 39% share of the U.S. rail freight market.

A gunman is shot by law enforcement near the White House shortly after the motorcade of Vice President JD Vance passed the location.

A gunman was shot near the White House shortly after the motorcade of Vice President JD Vance passed the area.