Oil prices fell and U.S. stocks rose as investors focused on the prospect of peace talks, a shift that eased some of the market’s recent anxiety about geopolitical risk. The move was most visible in energy markets, where crude prices retreated, and in equities, where major stock indexes posted gains. The immediate driver in trading…
Kevin Warsh, President Donald Trump’s nominee to serve as chair of the Federal Reserve, is scheduled to appear before the Senate on Tuesday for a confirmation hearing that will put his views on interest rates, inflation, and the central bank’s independence under a spotlight. The hearing will give lawmakers their first formal opportunity to question…
South Korean police have sought an arrest warrant for Bang Si-hyuk, the billionaire founder of Hybe, the entertainment company behind global K-pop group BTS, according to multiple published reports. The request for a warrant places one of South Korea’s most prominent music executives at the center of a criminal investigation. Bang built Hybe into a…
Japan has approved scrapping a long-standing ban on exporting lethal weapons, marking a major shift in the country’s postwar security posture and loosening rules rooted in decades of pacifist policy. The move was approved by Japan’s government and changes how the country can participate in international defense cooperation, including the ability to transfer weapons and…
Rep. Nancy Mace, a Republican from South Carolina, has introduced a House resolution seeking to expel Rep. Cory Mills, a Florida Republican, from Congress. The measure, filed in the House, targets a sitting member of Mace’s own party and sets up a high-stakes test of whether the chamber will take up one of its most…
Apple has named longtime hardware executive John Ternus as its next chief executive, handing him a high-stakes mandate as the company confronts mounting pressure to sharpen its artificial intelligence strategy. Ternus, an Apple insider best known for overseeing major hardware programs, will take over from Tim Cook, who is stepping down after nearly 15 years…
Japan has approved lifting its long-standing ban on exporting lethal weapons, marking a major shift in the country’s post-World War II pacifist policy. The move changes Japan’s defense export restrictions and opens the door for the country to sell lethal arms abroad under updated rules. It represents a significant policy overhaul for a nation whose…
The U.S. military has seized an Iran-flagged cargo ship near the Strait of Hormuz after what President Donald Trump said was an attempt by the vessel to pass a blockade in the strategic waterway. Trump publicly described the operation as a forcible seizure of the ship, identifying it as the Touska, and said U.S. forces…
Japan has approved its biggest change in decades to rules governing defense equipment exports, a move that opens the door for Japanese-made weapons and military technology to reach a wider range of overseas buyers. The policy shift revises long-standing restrictions that had sharply limited what Japan could sell abroad and under what circumstances. Under the…
A diplomatic push to end the war involving Iran appeared to be nearing an agreement before it was disrupted by President Donald Trump’s social media posts, according to recent reporting. The development centers on communications tied to efforts to bring the conflict to a close, as described in a CNN report headlined, “A deal to…
Apple has tapped longtime executive John Ternus to become its next chief executive, with Ternus set to replace Tim Cook in 2026. The move puts a veteran hardware leader at the top of the world’s most valuable consumer technology company as it prepares for a new chapter after Cook’s tenure. Ternus is a senior Apple…
Motorola has confirmed the launch date for its next Razr foldable phone, the Razr (2026), and teased new color options in a short “something new” video. The company’s teaser signals a near-term rollout for the next generation of its flagship clamshell foldable line. Motorola has not detailed full specifications in the provided context, but the…