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Bank of America Pays $72.5 Million to Settle Lawsuit by Epstein Victims
The suit claimed the bank had overlooked signs that Mr. Epstein’s accounts were being used to further his abuse of young women.
Iran fights insurgent war, chokes oil flows as US, Israel struggle to end conflict
Iran fights insurgent war chokes oil flows as US Israel struggle to end conflict
Bank of America agrees to pay $72.5 million to settle Epstein accusers' lawsuit
Plaintiffs' lawyers, who won $365m from JPMorgan and Deutsche Bank, call deal best option for victims
Pakistani ports emerge as safe trade hub
ISLAMABAD: With the implementation of facilitation measures, long queues of container ships have begun forming at Karachi ports as global shipping lines divert vessels to Pakistan, seeking safer routes amid increased risks in the Strait of Hormuz due to the ongoing Middle East conflict. The governm...
Global markets recoil as Rubio warns war in Iran could stretch for weeks
Comments from US secretary of state come as oil jumps to $114 and Wall Street stocks slide
Trump sells Iran war at Saudi investment forum in Miami, warning Cuba is ‘next’
President Trump, appearing before a Saudi business forum in Miami on Friday, touted what he said were U.S. wins in its war against Iran and warned Cuba would be “next.”  Trump’s remarks touched on a range of issues, largely centered on the Middle East but he also brought up the island nation as...
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
War in West Asia: Gold prices crash on inflation concerns, dollar emerges as safe bet
Major economic warning signs as markets plummet
The DOW is now in correction, down more than 10% from its high before the war with Iran. NBC News’ Christine Romans reports on the worrying warning signs of potential tough times ahead.
Bond yields hit 6.94% amid fears of inflation, monetary tightening
Stocks tumble for fifth week amid Iran war, rising oil costs
Stocks tumbled on Friday amid the uncertainty in Iran, marking the fifth consecutive week of declines. It's the longest stretch of weekly losses in nearly four years. CBS News business contributor Javier David has more.
The Close 3/27/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley’s Jim Caron, Los Angeles Mayor Karen Bass, Bernstein Research’s Stacy Rasgon, TWG Global Managing Partner Amos...
Argentina’s $150 Million Bond Sale Prices Risk After Milei’s Term
Argentina sold $150 million of a bond denominated in dollars on Friday that gauged investors appetite to finance the government beyond President Javier Milei’s first term.
Iran conflict drives fuel prices, inflation fears higher
Iran conflict drives fuel prices, inflation fears higher
Trump pitches China trade ‘win’ to US farmers ahead of Xi meeting, midterms
As US President Donald Trump heads to a delayed, high-stakes mid-May summit with President Xi Jinping in Beijing, he is already claiming victory, touting on Friday past trade talks with Xi as a win for American farmers, a crucial electoral bloc battered by his tariffs and the ongoing war with Iran....
LA Mayor: Number One Issue Facing City Is Affordability
Los Angeles Mayor Karen Bass discusses the current state of gas prices and unemployment and plans to keep the filming industry in the city. She also discusses working with Casey Wasserman for the 2028 olympics, and as the World Cup comes to California the mayor sees it as an economic boom. She speak...
What is the TACO trade and are investors profiting amid war on Iran?
Global energy crisis continues to widen amid market volatility, while so-called 'TACO traders' attempt to capitalise.
Tiger Woods in Rollover Car Crash in Florida
Tiger Woods was arrested on suspicion of DUI Friday at the scene of a car crash in which he struck another vehicle and rolled his Land Rover, authorities said. The Martin County Sheriff’s Office said Woods was not injured. (Source: Bloomberg)
US, Israel Hit Nuclear Targets as Iran Vows Retaliation
The US and Israel bombed Iranian nuclear and steel facilities on Friday, while Iran retaliated across the Persian Gulf, causing markets to sink and oil prices to rise amid fears an extended Middle East conflict will drag down the global economy. Airstrikes on Friday targeted a heavy water research r...
US Signals to Allies No Immediate Plans for Iran Invasion
The Trump administration is signaling to allies that it has no immediate plans for a ground invasion of Iran, even as it deploys thousands of troops to the Middle East, people familiar with the matter said. The people, who asked not to be identified discussing private deliberations, cautioned that P...