Business Archives - Cowley Post

Stocks surge and oil prices plunge after Iran says Strait of Hormuz ‘completely open’ during Israel-Lebanon ceasefire

Friday, April 17

(NEW YORK) -- Stocks surged and oil prices plunged in early trading on Friday after a senior Iranian official declared the Strait of Hormuz "completely open" for commercial traffic for the duration of the 10-day ceasefire between Israel and Lebanon.The Dow Jones Industrial Average... Read More.

What does the US blockade of Iran shipping mean for gas prices?

Thursday, April 16

(NEW YORK) -- The United States continued to mount a naval blockade of Iranian ports in the Strait of Hormuz on Thursday, exerting financial pressure on Tehran while at the same time choking off a source of oil amid a historic global shortage.The move... Read More.

S&P 500 hits record high as US-Iran ceasefire enters second week

Wednesday, April 15

(NEW YORK) -- The S&P 500 hit a record high on Wednesday as the ceasefire between the U.S. and Iran entered its second week, appearing to boost hopes of a resolution to the Middle East conflict.The uptick in markets came hours after President Donald... Read More.

Live Nation illegally monopolized the market for tickets, jury finds

Wednesday, April 15

(NEW YORK) -- Live Nation illegally monopolized the market for tickets, protecting its position through pressure and leverage, jurors in Manhattan federal court found Wednesday.This is a developing story. Check back for updates.Copyright © 2026, ABC Audio. All rights reserved.

Prices surged in March after oil shock set off by Iran war

Friday, April 10

(NEW YORK) -- Inflation surged in March after an oil shock triggered by the U.S.-Israeli war with Iran, government data showed on Friday. The inflation report matched economists' expectations.Prices rose 3.3% in March compared to a year earlier, marking a steep rise from a... Read More.

Stocks soar and oil prices plunge after US-Iran ceasefire

Wednesday, April 8

(NEW YORK) -- Stocks soared and oil prices plunged in early trading on Wednesday, just hours after the U.S. and Iran announced a two-week ceasefire.The Dow Jones Industrial average surged 1,215 points, or 2.6%, while the S&P 500 climbed 2.5%. The tech-heavy Nasdaq jumped... Read More.

Jobs report shows strong hiring in March, despite oil shock set off by Iran war

Friday, April 3

(NEW YORK) -- The U.S. recorded strong job gains in March, rebounding from dismal losses a month earlier, even as the nation weathered a global oil shock set off by the U.S.-Israeli war on Iran, a jobs report on Friday showed. The reading far... Read More.

Trump slaps 100% tariff on some pharmaceutical drugs via executive order

Friday, April 3

(WASHINGTON) -- President Donald Trump on Thursday slapped 100% tariffs on some pharmaceutical products, ramping up his effort to boost U.S. drug manufacturing.The move, in the form of an executive order, targets patented drugs that lack a "most favored nations" pricing agreement... Read More.

Mortgage rates hit highest level since September as Iran war rattles financial markets

Thursday, April 2

(NEW YORK) -- Mortgage rates have climbed to their highest level since September as fallout from the Iran war ripples through financial markets, Freddie Mac data on Thursday showed.The average interest rate for a 30-year fixed-rate mortgage jumped to 6.46%, continuing a weeks-long surge... Read More.

Stocks tick lower after Trump vows to hit Iran ‘extremely hard’ in coming weeks

Thursday, April 2

(NEW YORK) -- Stocks ticked lower in volatile trading on Thursday after President Donald Trump delivered a televised address vowing to hit Iran "extremely hard" over the coming weeks.The Dow Jones Industrial Average fell 75 points, or 0.1%, after opening... Read More.

Gas prices top $4 a gallon as Iran war triggers global oil shock

Wednesday, April 1

(NEW YORK) -- Gas prices in the United States topped $4 per gallon on average Tuesday, crossing the milestone for the first time in nearly four years, just weeks after the U.S.-Israeli war on Iran set off a global oil shock and spiked fuel... Read More.

Dow soars over 950 points after Trump suggests US may end Iran war without reopening Strait of Hormuz

Wednesday, April 1

(NEW YORK) -- The Dow Jones Industrial Average soared more than 950 points on Tuesday after President Donald Trump appeared to suggest the U.S. may end the Iran war without reopening the Strait of Hormuz.In a post on social media, Trump indicated that the... Read More.

Business

Stocks surge and oil prices plunge after Iran says Strait of Hormuz ‘completely open’ during Israel-Lebanon ceasefire

What does the US blockade of Iran shipping mean for gas prices?

S&P 500 hits record high as US-Iran ceasefire enters second week

Live Nation illegally monopolized the market for tickets, jury finds

Prices surged in March after oil shock set off by Iran war

Stocks soar and oil prices plunge after US-Iran ceasefire

Jobs report shows strong hiring in March, despite oil shock set off by Iran war

Trump slaps 100% tariff on some pharmaceutical drugs via executive order

Mortgage rates hit highest level since September as Iran war rattles financial markets

Stocks tick lower after Trump vows to hit Iran ‘extremely hard’ in coming weeks

Gas prices top $4 a gallon as Iran war triggers global oil shock

Dow soars over 950 points after Trump suggests US may end Iran war without reopening Strait of Hormuz

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