TheBuzz24

Rep. Eric Swalwell suspended his campaign for California governor after a series of sexual misconduct allegations against the Democratic lawmaker. His move came after growing calls for Swalwell to drop out of the race to succeed Democratic Gov. Gavin Newsom. The Manhattan District Attorney’s Office is investigating an allegation that Swalwell sexually assaulted a woman […]

Goldman Sachs is set to report first-quarter earnings before the industry opens Monday. This also touches on aspects of dividends. Wall Street analysts expect earnings per share of $16.49 and revenue of $16.97 billion, according to LSEG. GS executives will host an earnings conference call at 9:30 a.m. ET. Goldman Sachs is scheduled to report […]

It follows a contentious decision from BP’s board to block a climate resolution and a recommendation from two proxy advisers to vote against the firm’s wishes. The London-listed comapny says it is “fully focused on building a simpler, stronger and more valuable” business. A growing chorus of dissenting investors appear to be ramping up the […]

Tanker traffic through the strait ground to a halt again within hours of Trump’s announcement. The blockade risks drawing ire from countries buying Iranian oil, including China and India. Analysts commented the blockade could be a negotiating tactic, but warned of the risk of escalation and legal challenges. President Donald Trump ordered a naval blockade […]

U.S. President Donald Trump on Sunday threatened to impose a 50% tariff on China, after a report suggested Beijing was preparing to deliver a shipment of air defense systems to Iran. Speculation has mounted over Beijing’s role in Iran’s war efforts. But just as China’s reported weapons shipment remains unverified, Trump’s intention to follow through […]

Treasury yields edged higher on Monday as the breakdown of negotiations between Iran and the U.S. clouded the inflation outlook once again. The yield on the 10-year U.S. Treasury note — the benchmark for government borrowing — was up more than 1 basis point at 4.333%. The 2-year Treasury note yield, which is more sensitive to short-term Federal Reserve interest rate […]

The U.S. military will implement a blockade of Iranian ports starting Monday at 10 a.m. ET, according to U.S. Central Command. The blockade comes after peace talks with Iran failed to produce an agreement. President Donald Trump remarked he ordered the Navy to interdict any ship in international waters that has paid Iran a toll […]

OpenAI revealed on Monday that it’s opening its first permanent London office. The space will have capacity of over 500 team members, more than double OpenAI’s current headcount. In February, the business commented it would build London its largest research hub outside of the U.S. OpenAI has proclaimed it’s opening its first permanent London office […]