How Iran Has Effectively Closed the Strait of Hormuz Bloombergcom

The Chicago Mercantile Exchange restored trading operations in time to wrap up a holiday-shortened week in the US, recovering from an hours-long technical outage that had disrupted multiple financial markets…

President Donald Trump’s administration pressed forward with plans to impose tariffs on semiconductor and pharmaceutical imports by initiating trade probes led by the Commerce Department.

Warren Buffett, the billionaire investor who turned an aging textile mill into a more than $1 trillion conglomerate, said he’s “going quiet,” marking the end of an era for one…