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The Pentagon has released details regarding President Donald Trump's request for a $1.5 trillion defense budget for 2027, marking the largest increase since World War II.
Gold prices remain steady as the United States extends a ceasefire with Iran, while the ongoing blockage of the Strait of Hormuz continues to impact global energy security and inflation risks.
Press secretary Karoline Leavitt stated that the U.S. will maintain the 'Operation Economic Fury' blockade of Iranian ports despite an existing military ceasefire with Iran.
Germany has reduced its 2026 economic growth forecast by half and increased its inflation outlook, citing the ongoing war in Iran as a primary factor.
President Donald Trump has extended the ceasefire with Iran, leading to a rise in stock prices and a decline in oil prices to below $100 per barrel.
The Trump administration warns it will run out of money to pay TSA workers in the coming weeks.
The risk of a US recession could rise suddenly depending on how the administration reacts to the Iran war on social media, Goldman Sachs Group Chief Executive Officer David Solomon said.
The European Union is poised to finalize a €90 billion loan for Ukraine after Hungary signaled it will drop its veto.
Kevin Warsh, President Donald Trump's nominee for the Federal Reserve, has expressed interest in replacing the central bank's primary inflation gauge.
Tesla reported a surprise profit in its first-quarter earnings, with CEO Elon Musk announcing plans to substantially increase capital expenditure.
The House Foreign Affairs Committee has advanced bipartisan legislation aimed at restricting the export of artificial intelligence technology to China.
SoftBank is reportedly seeking a $10 billion loan backed by its equity stake in OpenAI to fund further expansion into artificial intelligence.
New Zealand's Finance Minister stated that Treasury projections indicate inflation could rise to 7.4% during the 2025-2026 period if a worst-case scenario involving war in Iran occurs.
US stocks reached record closing highs, driven by gains in the chip sector, positive corporate earnings, and an extended ceasefire between the US and Iran.
Makino Milling reports that the Japanese government has requested Seoul-based MBK Partners to cancel its planned acquisition of the company, citing national security concerns.
The Nikkei share average in Japan has surpassed the 60,000 yen threshold for the first time in history.
Italy has become the second country in the European Union after France to report a national debt exceeding €3 trillion, according to Eurostat data.
SK Hynix reported a 198% year-over-year increase in Q1 revenue to approximately $35.55 billion and a 405% rise in operating profit to $25.4 billion, missing analyst estimates as memory prices climbed.
President Donald Trump has nominated Kevin Warsh to lead the Federal Reserve, tasking him with managing a US economy characterized by high consumer spending and rising energy prices.
SK Hynix reported a five-fold increase in quarterly profit, driven by rising demand for memory chips used in artificial intelligence development.
The European Union has unblocked a loan for Ukraine, providing financial support to the country's strained budget.
Major U.S. stock indexes rose on Wednesday following President Trump's announcement that he would extend a cease-fire with Iran.
The Autonomous Committee of the Fiscal Rule states that Colombia's next government must reduce spending by 4% of GDP to prevent a potential default.
ServiceNow shares fell 14% following a decline in subscription revenue attributed to the ongoing war in Iran.
A US House panel has advanced the MATCH Act, legislation aimed at tightening restrictions on the export of chipmaking equipment to China and encouraging allies to adopt similar measures.
Prime Minister Carney stated that the United States will not dictate the terms of upcoming free trade negotiations.
Tesla reported Q1 2026 revenue of $22.39 billion, exceeding analyst estimates of $22.19 billion, with adjusted earnings per share of $0.41. The company confirmed that production for the Cybercab, Tesla Semi, and Megapack remains on track for 2026.
Tesla reported first-quarter free cash flow of $1.44 billion, exceeding analyst estimates of a negative $1.86 billion.
Spirit Airlines is nearing a $500 million bailout agreement with the federal government, according to a source familiar with the negotiations.
The White House announced that while a ceasefire is in effect regarding military and kinetic strikes, Operation Economic Fury remains ongoing.