Oil prices climbed more than 5% while European markets fell on Monday morning as a stand-off between Iran and the US prevented tankers from using the Strait of Hormuz.View on euronews

The market moves followed Trump's announcement that the U.S. had fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman

Kevin Warsh, President Trump's nominee to be the next chair of the Federal Reserve, is finally set to have his confirmation hearing on Tuesday in Washington.

After an exam revealed operational deficiencies with LaGrange, Georgia-based Community Bankshares, the company was ordered to bolster board oversight and senior management, and improve its capital position.

June S&P 500 E-Mini futures (ESM26) are down -0.42%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.43% this morning, pointing to a lower open on Wall Street as oil prices surged following a weekend flare-up in U.S.-Iran tensions.

(Bloomberg) -- Bond traders who’ve grown more optimistic about an end to the Iran conflict see their next catalyst coming from Capitol Hill, where Kevin Warsh will face questions as President Donald Trump’s pick to lead the Federal Reserve.Most Read from

Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Upwork (NASDAQ:UPWK) and its peers.

Recipients are continuing to lose purchasing power.

The central bank's projection is a potential worst-case scenario for Wall Street.

(Bloomberg) -- Investors are set to pour more money into defense, energy and technology stocks as the Middle East war forces governments to prioritize security and become more self reliant.Most Read from BloombergCruise Ships Seized Brief Hormuz Reopening

After a three-week-long rally that’s brought the S 500 to new record highs, investors are again bracing for uncertainty following a whirlwind of weekend developments concerning the war with Iran.

Unemployment is set to surge above two million for the first time in more than a decade as the Iran war hits an already weak economy.

Oil prices climbed Monday following the latest rise of tensions between the United States and Iran, but the moves were more modest than they were earlier in the war. U.S. stocks, meanwhile, gave back a bit of their record-breaking rally. The S&P 500 s

The Platts Dubai benchmark is under severe strain as Hormuz disruptions halt exports, leaving it disconnected from physical oil flows and reducing available pricing grades.

The price of oil jumped and stocks fell slightly Monday as traders digested renewed tensions between the U.S. and Iran over the critical Strait of Hormuz.U.S.