Iran War Leaves Global Economic Leaders Searching for Answers

The Iran war is forcing soul-searching within the global economic elite on how to respond to a series of shocks that show no signs of abating. Four weeks into the conflict, the disruption to energy supply is already severe enough that even an abrupt end to hostilities...

Tech Stocks Drop as Oil Rises on Iran War Risks: Markets Wrap

Wall Street traders drove stocks lower ahead of the weekend on concern that a protracted war in Iran will keep oil prices elevated, fueling a simultaneous increase in inflation and a slowdown in growth. The nearly 1.5% drop in the S&P 500 put the gauge on course...

Microsoft Set for Worst Quarter Since 2008 as AI Fears Converge

Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago. First, the software giant is doubling down on capital...

Russia Scraps Deep Growth-Cut Plan as Iran War Boosts Income

Russia is abandoning plans for a sharp downgrade to its 2026 growth forecast as the war in Iran boosts its oil revenue. The Economy Ministry is now unlikely to significantly revise its projected 1.3% expansion in gross domestic product when it updates its...

BofA Shifts Focus to Air Defense Over Tank and Ammo Makers

Bank of America Corp. is picking new favorites in the European defense sector as the Iran war highlights the importance of missile systems and drones. Analysts led by Benjamin Heelan said they now prefer companies that help build the systems that detect, track and...