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Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes
AFP101d agoneutral
Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes

Global stock markets diverged and oil prices rose Friday as fresh US-Iran clashes in the Strait of Hormuz jolted hopes for a deal to end the Middle East war and reopen the crucial waterway.But US consumer confidence was at an all-time low according to a University of Michigan survey, with Americans weighed down by concerns about high prices and the fallout of the US-Israel war on Iran.

Cathie Wood buys $14.9 million of tumbling AI stock
TheStreet101d agobullish
Cathie Wood buys $14.9 million of tumbling AI stock

Cathie Wood, head of Ark Investment Management, doesn’t give up on her favorite stocks easily. Sometimes she’ll buy them on the way down, betting the dip could become an opportunity. That’s what she did this week, adding shares of one of her largest holdings. In 2025, Wood’s flagship Ark Innovation ...

Are rising travel costs making 2026 the year of the staycation?
Yahoo Finance Video101d agoneutralVIDEO
Are rising travel costs making 2026 the year of the staycation?

Consumers are keeping to a budget when planning this year's summer travel, taking into consideration the rising costs of airfare and surging gas prices (RB=F) in the US. GenWealth Financial Advisors co-owner and managing principal John Shrewsbury breaks down how consumers are reacting to these higher prices, the income strata that are still sensitive, and the industries most affected by these trends.