More From IBT Newsroom
Israel Kills Hamas Military Chief Izz al-Din al-Haddad — the Last Architect of October 7 — in Gaza Strike
Known as "the Ghost of al-Qassam," al-Haddad survived six assassination attempts, used Israeli hostages as human shields, and for nearly three years eluded the world's most sophisticated intelligence apparatus. He didn't survive a seventh.
May 16, 2026
LIRR Strike Begins: America's Busiest Commuter Rail Shuts Down for First Time in 32 Years Over a 2% Wage Gap
Three hundred thousand commuters woke up Saturday to find no trains running. A 2-percentage-point difference in wages was all that separated a deal from a shutdown — and now the real chaos begins Monday morning.
May 16, 2026
Europe's Defense Spending Surge Is Fueling a 50% Price Spike on Military Gear — and the Problem Is Getting Worse
European nations face military gear price increases of more than 50% in two years as NATO allies race to rearm, Estonian Defense Minister Hanno Pevkur warned Saturday at the Lennart Meri Conference in Tallinn. The surge is exposing a painful paradox: the more Europe tries to defend itself, the more it costs to do so.
May 16, 2026
What Is Broadcom? The Unknown Company Building the AI Chips Powering Google, Anthropic, OpenAI and Meta
Broadcom (AVGO) is the company building custom AI chips for Google, Anthropic, OpenAI and Meta. With $100 billion in AI chip revenue targeted for 2027 and a $73 billion backlog, here's everything you need to know about the most powerful tech company most people have never heard of.
May 16, 2026
The Bond Market Is Flashing a Warning — And a Former Biden National Security Adviser Says Americans Could Get Hit Twice
Daleep Singh, former Biden National Security Adviser and current chief economist at PGIM, warns the bond market is flashing a serious danger signal as oil prices above $100 drive inflation fears and push the 10-year Treasury yield toward 5%. He warns the end game could be financial repression.
May 16, 2026
Rival London Protests Draw Thousands as Police Deploy Major Security Operation
Tens of thousands rallied in London as police deployed a major security operation to keep rival protests apart, with immigration, crime and Gaza all fueling tensions.
May 16, 2026
What's on the Louisiana May 16 Ballot: Five Constitutional Amendments Remain as U.S. House Primaries Are Suspended
Louisiana voters will decide on five proposed constitutional amendments on May 16, 2026, while U.S. House primaries have been suspended and other races continue on the ballot.
May 16, 2026
Which AI Chip Stock Could Be the Next Nvidia? Broadcom, Marvell, AMD or Intel?
Investors are searching for the next Nvidia in AI chips. Broadcom, Marvell, AMD and Intel each offer a different route to the same boom, but the competition is still wide open.
May 16, 2026
U.S. Sanctions Nine Chinese and Hong Kong Entities for Arming Iran — Days Before Trump's Summit With Xi
Whether Trump raises the sanctions directly with Xi next week — or whether Beijing uses them as a negotiating chip — may say more about the true state of U.S.-China relations than any summit communiqué.
May 09, 2026
Democrats' Last Shot at the House Just Got Torched — Virginia Court Kills Voter-Approved Redistricting Map in 4-3 Ruling
The Virginia Supreme Court struck down a voter-approved congressional redistricting amendment in a 4-3 ruling, dealing a major blow to Democrats' hopes of winning the House in November's midterms. Combined with the U.S. Supreme Court gutting the Voting Rights Act, Republicans now hold a commanding redistricting advantage.
May 09, 2026
Houthis Launch First Strike On Israel As Iran War Widens Across Middle East
Israel said it detected a missile launched from Yemen and moved to intercept it, with no immediate reports of casualties or damage. The Houthis claimed the attack targeted sensitive Israeli military sites.
Mar 28, 2026
Iran War Escalates As Missiles Hit Israel, Talks Denied And Global Energy Shock Deepens
Iranian missiles struck central Israel, including the Tel Aviv area, injuring civilians and causing significant damage, while Israeli forces continued targeting Iranian military infrastructure and proxy positions across the region.
Mar 24, 2026
Iran Says Hormuz Open To All but 'Enemy' Ships After Trump Ultimatum
The announcement comes amid escalating tensions over the strategic chokepoint, through which roughly 20 per cent of the world's crude oil and liquefied natural gas normally flows.
Mar 22, 2026
MAGA Stronghold Kentucky Voices Frustration Over U.S.–Iran War Spending
Debates about the war have even influenced internal political dynamics within the Republican Party, with some conservative figures openly challenging aspects of U.S. foreign policy and questioning the long‑term strategy.
Mar 22, 2026
'Moat Investing' Surges As U.S. Investors Seek Stability Amid Volatility
With rising energy prices and cautious central bank policy contributing to heightened volatility, investors are revisiting fundamentals and prioritising businesses that can protect profits over time, rather than chasing short‑term gains.
Mar 22, 2026
Crypto Traders Risk $2B Wipeout As Liquidation Pressure Mounts
Recent market data shows that if Bitcoin drops below critical support levels, more than $2 billion in long positions could be wiped out, highlighting how crowded bullish bets have become in the current range-bound market.
Mar 22, 2026
Trump Gives Iran 48-Hour Ultimatum: Open the Strait of Hormuz or Face Strikes on Power Plants
Trump threatened Saturday to "hit and obliterate" Iran's power plants if Tehran does not fully reopen the Strait of Hormuz within 48 hours. The ultimatum came as the U.S.-Israel war with Iran entered its fourth week and gas prices hit a nationwide average of $3.91 per gallon.
Mar 21, 2026
Trump Says "I'm Glad He's Dead" After Robert Mueller Dies at 81 — The Man Who Stood at Ground Zero of 9/11 and the Russia Probe
President Trump celebrated the death of former FBI Director Robert Mueller on Truth Social, writing "Good, I'm glad he's dead." Mueller, who began his FBI tenure one week before 9/11 and later led the Russia investigation, died Friday at age 81.
Mar 21, 2026
OpenAI Is Now Worth More Than Ford, GM and Boeing Combined — And a $1 Trillion IPO Could Be Next
OpenAI has surpassed $25 billion in annualized revenue and is preparing for a $1 trillion IPO — the largest public offering in history. Here is what the numbers really mean for investors, users, and the future of AI.
Mar 21, 2026
How Supermicro Insiders Allegedly Used Fake Servers and Forged Paperwork to Smuggle Nvidia's Most Powerful AI Chips to China
Supermicro co-founder Wally Liaw was arrested on charges of smuggling $2.5 billion in Nvidia AI chips to China using fake servers, forged paperwork, and bribed auditors. SMCI stock crashed 33%. Here is the full story of how the alleged scheme worked.
Mar 21, 2026
Supermicro Stock Crashes 33% After Co-Founder Arrested in $2.5 Billion Nvidia Chip Smuggling Scheme Tied to China
Supermicro co-founder Wally Liaw was arrested and charged by federal prosecutors with conspiring to smuggle $2.5 billion in Nvidia AI chip-powered servers to China. Shares of SMCI plunged 33%, erasing over $6 billion in market value. Here's everything investors and the tech industry need to know.
Mar 21, 2026
U.S. Signals Possible Wind-Down In Iran Conflict As Tehran Expands Strike Reach
Overnight developments underscored the fragile and contradictory state of the war. Iran launched missiles toward the joint military facility on Diego Garcia, marking one of its longest-range strike attempts to date.
Mar 21, 2026
Iran War Widens Across Gulf, Threatens Global Energy Supply As US Expands Military Campaign
Iran's latest offensive included a strike on Kuwait's Mina al-Ahmadi refinery, which triggered fires and forced fresh shutdowns affecting oil output.
Mar 20, 2026
US Intensifies Iran Campaign As Pentagon Signals Gains Ahead Of Hegseth Briefing
Military progress claims face scrutiny amid civilian casualty probe and regional instability.
Mar 19, 2026
Crypto Climbs As Investors Turn To Digital Assets Amid Rising Geopolitical Tensions
Bitcoin, Ethereum and XRP post strong gains as investors increasingly view cryptocurrencies as a potential hedge against global instability and rising oil prices linked to Middle East tensions.
Mar 16, 2026
Oil Prices Surge Again as Middle East Supply Risks Mount, Pressuring Markets
Oil prices continue to act as a major macro driver in the short term, boosting energy sector stocks while dragging on growth‑oriented sectors and reinforcing investor caution across global markets.
Mar 15, 2026
US And China Economic Chiefs Meet In Paris Ahead Of High‑Level Summit
Officials from both sides are expected to address longstanding disputes over tariffs on manufactured goods and export controls on strategic technologies. Discussions are also centered on rare earth mineral supply chains.
Mar 15, 2026
Political Meme Coins Resurge, Stirring Crypto Volatility as Traders Chase Short‑Term Gains
Speculative political‑themed tokens see renewed attention, driving rapid intra‑day price swings.
Mar 15, 2026
UAE Reports Early Sunday Missile Attack As Iran Says US Used Its Territory For Strikes
Debris from an intercepted Iranian drone struck a major oil facility at the port of Fujairah, sparking a fire and leading authorities to temporarily halt some oil‑loading operations at the strategic export hub.
Mar 15, 2026
Trump Says US 'Obliterated' Iranian Military Targets On Kharg Island As Tehran Threatens Retaliation In UAE
The US president said the strikes targeted military installations on the island, which handles the majority of Iran's oil exports, but stopped short of destroying the energy infrastructure itself.
Mar 14, 2026
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