Global oil markets saw Brent crude jump above $126 a barrel, a four-year high, amid a sharp escalation between the United States and Iran over the Strait of Hormuz. According to administration officials cited in internal reports, Washington is considering military strikes on Iranian targets in response to what U.S....
WASHINGTON. The U.S. economy expanded at a 2% annualized rate in the first quarter of 2026, the Commerce Department reported Thursday, rebounding from a 0.5% pace in the final quarter of 2025 after last fall's 43-day federal government shutdown; the agency provided detailed component data for January through March. The Commerce...
Orlando — NNN REIT Inc reported first-quarter funds from operations of $165.7 million, or $0.87 per share, on Thursday, matching Wall Street estimates; the company reported net income of $94 million, or $0.50 per share, and revenue of $240.4 million for the period, and provided full-year FFO guidance of $3.53...
Washington — The Commerce Department reported Thursday that the Personal Consumption Expenditures price index rose 0.7% in March from February and 3.5% year-over-year, the largest annual increase in nearly three years. Gasoline prices surged about 21% in March, and outlets linked the spike to tensions involving Iran this month. The increase...
WASHINGTON — The U.S. Labor Department reported Thursday that initial jobless claims fell to 189,000 for the week ending April 25, a 26,000 decrease from the prior revised level of 215,000, marking the lowest weekly level since 1969 and reducing the four-week moving average to 207,500 this week. Market participants this...
Washington — On Wednesday, April 29, the Powerball drawing produced two jackpot winners who will split a $143 million prize and generated roughly 90 additional million-dollar winning tickets sold across 20 states, according to Powerball and state lottery officials. The published winning numbers were 3, 19, 35, 51, 67 with...
Omaha, Neb. — Union Pacific filed an amended application Thursday seeking approval to acquire Norfolk Southern for $85 billion, arguing the combined railroad would create a one-carrier coast-to-coast system and reduce delivery time by eliminating interline handoffs. The Surface Transportation Board previously rejected the initial filing in January as incomplete. This...
United States. Multiple local weather services report that incoming cold fronts and low-pressure systems will produce below-normal temperatures, scattered showers, and isolated thunderstorms across the Midwest, Southeast and Rockies beginning Thursday and continuing into the weekend. Forecasters cite Thursday morning showers, a Friday frontal passage with more widespread rain, and...
Macon, Georgia meteorologists forecast increased rain and cooler temperatures Friday into Saturday as an upper trough and a developing Gulf surface low move northeastward, producing widespread showers and scattered thunderstorms across Middle Georgia while keeping daytime highs limited to the 60s and low 70s before a dry spell returns Sunday. In...
SALT LAKE CITY -- Dozens of Utah Mammoth fans gathered at the Delta Center on Wednesday for an official, free watch party to see Game 5 of the first-round Stanley Cup Playoffs series against the Vegas Golden Knights. The Mammoth organization provided a DJ, food trucks, a beer garden and...
