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Stock Market Today: Dow, Nasdaq Open Lower; Inflation Rises to 4.2% — Live Updates WSJDow drops 650 points to session lows as Trump doubles down on Iran threat: Live updates CNBCStocks fall on Trump Iran threats and CPI inflation hitting 3-year high qz.comWall St dips as tech declines, Middle East tensions mount Reuters
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While Elon Musk may soon become a trillionaire, his rocket company's market debut is set to the change the lives of its current and former employees, too.
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Middle East crisis live: US going to hit Iran ‘hard' again today, says Trump The GuardianIran war live: ‘We're going to be attacking' - Trump threatens Iran again Al JazeeraTrump pledges more Iran attacks, saying U.S. will be 'attacking them very hard' CNBCLive updates: U.S. will hit Iran ve
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US consumer inflation posts largest increase in three years in May ReutersHere's the inflation breakdown for May 2026 — in one chart CNBCInflation hits highest level since 2023, as the Iran war pushes up prices ABC7 New YorkCPI Report Today: Inflation Rises to 4.2% — Live Updates WSJUS inflation tops 4% for first time i
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Capital agenda: Cue shutdown watch after Republicans go it alone on ICE funding - Live Updates PoliticoTrump signs $70 billion immigration funding bill after months of delay CNBCRepublicans just took ICE spending fights off the table. It won't end shutdown threats. PoliticoLive updates: Trump signs a $70 billion bill to fund immigration enforcement for 3 years AP NewsLive updates: Trump signs ICE spend
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Live Updates: U.S. conducts retaliatory strikes after Trump says Iran shot down Apache helicopter CBS NewsU.S. Launches Strikes on Iran in Response to Downed Apache Helicopter WSJIran War Live Updates: U.S. and Iran Trade Strikes in New Test of Cease-Fire The New York TimesTrump invokes ‘The West Wing' in apparent justification of latest Iran strikes The Washington PostIran targets U.S. bases in Jordan and the Gulf after Trump orders strikes near Hormuz The Globe and Mail
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US bombs Iran's water facilities: Why that's so significant Al JazeeraLive updates: Trump says Iran must ‘pay the price' for taking too long in peace talks after two sides exchange new attacks NBC NewsTrump invokes ‘The West Wing' in apparent justification of latest Iran strikes The Washington PostTrump peddles more mixed messages after accusing Iran of downing a U.S. helicopter MS NOW
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Nancy Mace's thrashing in South Carolina governor's race caps a rough downfall The Washington PostEvette and Wilson Advance to Runoff in South Carolina Republican Primary for Governor The New York TimesSouth Carolina Governor Primary Election 2026 Live Results NBC NewsNancy Mace blames Epstein files backlash as she concedes in South Carolina governor's race The Guardian
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Climber who spent 6 days dragging himself off Mount Everest is out of intensive care: "I thought I would perish" CBS NewsDefying all odds: Mount Everest guide crawls back to base camp alive after 6 days missing FOX WeatherEverest guide survived six-day ordeal by eating chocolate and 'chewing ice' BBCA Sherpa Survived 6 Days Alone on Everest. His Family Says He Was Abandoned. The New York Times
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The Spurs can match the Knicks' energy in the NBA finals but not their desperation | Chuck D The GuardianSan Antonio Spurs vs New York Knicks Jun 8, 2026 Box Scores NBA.comShould the Knicks be worried after Victor Wembanyama halted their momentum? Here's what history tells us Yahoo SportsWhere to Watch Knicks vs. Spurs in Game 3 of NBA Finals Live Online The Hollywood Reporter
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Stock futures slip after U.S. launches ‘self-defense strikes' against Iran: Live updates CNBCAsian stocks fall as US and Iran exchange fire - business live The GuardianAsian stocks slide, oil rises as Iran and US launch strikes ReutersAsian tech stocks rebound after Wall Street embraces AI once more Financial Times
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The economic banishment of all things Russian. Tariffs on Chinese imports. Pandemic-caused shortages of computer chips, bicycles, garage door parts and other imports. Brexit.
Just about everywhere you turn, you can see that the tectonic plates of the global economy have stopped converging and are starting to pull apart in ways that will determine new winners and losers, says Ethan Harris, head of global economics for Bank of America Securities. "Deglobalization is a gradual process, and in the long run, very important" to investors, he says, because it will have profound impacts on corporate profitability.
SEE MORE 16 Dividend Kings for Decades of Dividend Growth
Globalization refers to the increase of commerce across borders. U.S. companies prospered for decades as new markets opened for their goods and labor costs plummeted thanks to overseas production. Strategists at BofA have estimated that over the past 20 years, globalization has contributed more than half of what has been a robust expansion in profit margins. Globalization has also helped to deliver low-cost goods to American consumers.
But now, says market strategist Ed Yardeni, the pandemic and spreading political and military conflicts have stretched supply chains past the breaking point, prompting companies to bring many operations closer to home. "Deglobalization was almost inevitable," Yardeni says. U.S. companies are starting to "reshore" production back to the U.S., "near-shore" it to neighbors such as Mexico, or "friend-shore" it to allies such as Vietnam.
Investment firm Piper Sandler counted more than 900 announcements of companies either building or expanding manufacturing facilities in the U.S. in the 12 months ending in May of 2022. In 2012, there were only about 100 such announcements. Over the long term, companies
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