Author: Daniel snow

U.S., Israel and Iran flags are seen in this illustration taken June 18, 2025. Dado Ruvic | ReutersOil prices fell more than 3% on Friday as President Donald Trump holds off for now on helping Israel to destroy OPEC member Iran’s nuclear program.Global benchmark Brent fell $2.78, or 3.53%, to $76.07 per barrel. U.S. crude oil gained 84 cents, or 1.12%, to $74.30 per barrel.Trump said Thursday that he would make his decision on striking Iran within the next two weeks, but wanted to provide space for potential negotiations to take place over the Islamic Republic’s nuclear program.”Based on the…

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Greenland’s minister for business and mineral resources Naaja Nathanielsen speaks during an interview with AFP in her office in Nuuk, Greenland, on March 6, 2025.Odd Andersen | Afp | Getty ImagesGreenland has little interest in harnessing its massive resource potential to become a top mining country.The world’s largest island has been thrust into the geopolitical spotlight in recent months, with U.S. President Donald Trump repeatedly saying that Washington should control the autonomous Danish territory — even refusing to rule out the use of military or economic force.Trump’s pursuit of Greenland comes as mining executives describe the race for the Arctic…

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 22, 2025. Qilai Shen | Bloomberg | Getty ImagesOnce a laggard in the online investing game, JPMorgan Chase now believes it is a leader.The bank on Friday is set to unveil new tools that allow investors to research and purchase bonds and brokered CDs through its mobile app, CNBC is first to report.Users can set up customized screens and compare bond yields on the same banking app or web portal that…

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Darden Restaurants on Friday beat Wall Street’s earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal year 2026.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.98 adjusted vs. $2.97 expectedRevenue: $3.27 billion vs. $3.26 billion expectedDarden reported fiscal fourth-quarter net income of $303.8 million, or $2.58 per share, compared with $308.1 million, or $2.58 per share, a year earlier.Excluding costs related to its Chuy’s Tex Mex acquisition, Darden earned $2.98 per share for the fiscal fourth-quarter ended May 25.Net sales rose 10.6%…

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Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSEShares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.The stock was last higher by about 7% as excitement continued to build, but was off its highs of the day. Earlier, it rose nearly 17%. The bill passed the Senate Tuesday and now heads to the House of Representatives. Shares rose 33% on Wednesday on the news. The market was closed Thursday for the Juneteenth holiday.Circle is on…

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