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Oil prices today: Crude slips after three-day rally as markets track Iran ceasefire and Donald Trump-Xi Jinping summit

Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…

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Donald Trump accuses US media of ‘giving Iran false hope’, calls coverage ‘virtual treason’

US President Donald Trump on Tuesday accused sections of the American media of “giving Iran false hope” through their coverage of the ongoing war, alleging that reports suggesting Tehran had inflicted damage on US forces amounted to “virtual TREASON.”In a post on Truth Social, Trump lashed out at what he called “Fake News” outlets, claiming…

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Donald Trump’s trade war has killed large segment of Canada’s tourism; data shows how …

The economic fallout from US President Donald Trump’s trade war is now becoming clearer, with new data showing a sharp decline in Canadian tourism to the United States. According to a report by Business Insider, researchers at the University of Toronto’s School of Cities found out that Canadian visits to the US cities have dropped…

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‘Taco’ out, ‘Nacho’ in? Wall Street coins new Donald Trump term before China visit

Wall Street’s menu of market acronyms has officially moved from Tacos to nachos and investors are discovering this new trade comes with a much spicier aftertaste.After months of betting on the “Taco” trade — shorthand for “Trump Always Chickens Out” — traders are now embracing “Nacho”, or “Not A Chance Hormuz Opens”, as fears grow…

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Nvidia CEO Jensen Huang beats Michael Dell in ‘world’s richest’ list just days after Donald Trump thanked Dell family by name and told Americans that …

Nvidia CEO Jensen Huang has moved ahead of Dell founder and CEO Michael Dell on Forbes’ real-time billionaires list, just days after US President Donald Trump publicly praised the Dell family and reportedly told Americans to “go out and buy a Dell.” According to Forbes billionaire list, Jensen Huang’s estimated net worth reached $191.5 billion…

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Donald Trump nominates Cameron Hamilton to lead Federal Emergency Management Agency, year after he was fired from role

SAN DIEGO: President Donald Trump nominated Cameron Hamilton Monday to lead the Federal Emergency Management Agency, a surprising comeback for the former Navy SEAL who was fired from his role as FEMA’s temporary leader last year after he defended its existence.His nomination comes as the Trump administration has increasingly signalled it is backing away from…

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Five months after Michael and Susan Dell pledged $6.25 billion to fund Trump Accounts, Donald Trump tells Americans at Mother’s Day event in White House: Go out and …

Michael and Susan Dell . (AP Photo/Frank Franklin II) Dell Technologies stock hit an all-time high of $263.99 on Friday, May 8. The Dell stock surged as much as 14.6% intraday, which pushed Dell shares up more than 107% year-to-date. The jump came after President Donald Trump reportedly used a Mother’s Day event at the…

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Apple CEO Tim Cook, Elon Musk to join President Donald Trump for China visit, Nvidia’s Jensen Huang may miss summit

Elon Musk (left), Tim Cook (right) President Donald Trump is heading to Beijing this week for a high-stakes state visit, and according to a report by Bloomberg, the White House has invited top CEOs of American businesses to accompany the President, aiming to secure massive trade deals and new investments. The delegation, reportedly scheduled for…

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Glow hard: Donald Trump’s nuclear threat grows darker in face of Iranian defiance

TOI correspondent from Washington: US President Donald Trump continued his blow hot-blow cold approach towards Iran as both sides exchanged fire in the Strait of Hormuz on Thursday amid a diplomatic impasse. While the global community appeared to be coming to a realization that Washington may have overestimated its hand in the conflict, signs of…

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