April 28, 2026 12:42 PM EDT
Consumer Confidence Ticked Up in April Amid Iran Ceasefire Optimism
The mood of consumers grew a little less dismal in April as the ceasefire in the Iran war raised hope… [+10552 chars]

Stocks mostly declined Tuesday, with the S&P 500 and Nasdaq Composite retreated from their latest all-time highs, as oil prices rose and investors digested a flurry of corporate earnings reports.

Investopedia

Stock Market Today: S&P 500, Nasdaq Retreat From Records on Busy Earnings Day; Oil Rises Further as US Mulls Iran Offer; 2-Day Fed Meeting Kicks Off - Investopedia

BEIRUT The United Arab Emirates announced Tuesday that it would exit the Organization of the Petroleum Exporting Countries, or OPEC, along with the wider group of partners known as OPEC+, effective M… [+103 chars]

The departure weakens the Organization of the Petroleum Exporting Countries, long criticized by Trump, as the global economy reels from the Iran war energy shock.

The Washington Post

UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia - The Washington Post

JPMorgan Chase &amp; Co.s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan port… [+244 chars]

JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street rivals posted a banner quarter in which loan portfolios held up.

Bloomberg

JPMorgan’s Dimon Warns Again on Risks of Credit Market Downturn - Bloomberg.com

The S&amp;P 500 and Nasdaq Composite fell on Tuesday, weighed down by a report that pointed to weakness in OpenAI as well as a rise in oil prices.
The broad market index fell 0.4%, while the tech-he… [+2284 chars]

The S&P 500 and Nasdaq Composite fell on Tuesday, weighed down by a report that pointed to weakness in OpenAI as well as a rise in oil prices.

CNBC

S&P 500 slips from record, Nasdaq falls as OpenAI report knocks chip stocks: Live updates - CNBC

Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings.
McDonalds said Tuesday it will launch six crafted beverages in U.S. restaurants on May 6. Its joining other ch… [+3687 chars]

Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings. McDonald’s said Tuesday it will launch six handcrafted beverages in U.S. restaurants on May 6. It’s joining other chains, like KFC, Wendy’s and Taco Bell, that have elevat…

Associated Press

McDonald’s is the latest fast food chain to offer fancier drinks - AP News

Divisions within the Federal Reserve over President Donald Trumps push to deregulate Wall Street could present a major challenge for his pick to become the next Fed chair, Kevin Warsh, who would arri… [+81 chars]

Ideological divides are slowing the central bank’s decision-making and could pose a challenge for the president’s nominee to run the Federal Reserve, Kevin Warsh.

A split within the Fed impedes Trump’s deregulation of Wall Street - The Washington Post

Shares of Swedish audio-streamer Spotify fell over 13% after the market opened Tuesday, as soft guidance overshadowed an earnings beat.
The company said first-quarter revenue rose 8% from last year … [+1115 chars]

The Swedish audiostreamer's soft guidance overshadowed an earnings beat.

Spotify stock plummets after earnings beat expectations as guidance disappoints - CNBC

Abcnews.com

General Motors says it expects $500 million tariff refund after SCOTUS ruling - ABC News - Breaking News, Latest News and Videos

The Wall Street Journal

JetBlue Cuts Capacity to Offset Rising Fuel Costs - WSJ

It's the end of an era at America's foremost financial institution, the Federal Reserve. May 15 will mark the final day of Jerome Powell's term as Fed chair and potentially the beginning of Kevin War… [+4892 chars]

President Trump's Fed chair nominee didn't hold back while testifying in front of the Senate Banking Committee.

Motley Fool

Fed Chair Nominee Kevin Warsh Just Threw Jerome Powell Under the Bus and Signaled a Major Shift at the Central Bank - Yahoo Finance

The biggest 48 hours of Q1 earnings season starts tomorrow. Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN) all report Wednesday, April 29, after the cl… [+1600 chars]

The biggest 48 hours of Q1 earnings season starts tomorrow. Meta (NASDAQ:META), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Amazon (NASDAQ:AMZN...

24/7 Wall St.

The Mag 7 Earnings Gauntlet Begins: Four Reports That Could Reset the Market - Yahoo Finance

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The classified deal apparently doesnt allow Google to veto how the government will use its AI models.
The classified deal apparently doesnt allow Google to veto… [+3347 chars]

Google has signed a classified deal that allows the US Department of Defense to use its AI models for “any lawful government purpose.”

The Verge

Google and Pentagon reportedly agree on deal for ‘any lawful’ use of AI - The Verge

Pumping up a crowd isn't just helpful in politics. Ask Eric Trump, whose bitcoin business attracted throngs of people, then dumped piles of overpriced stock on them.
Photo by Daniel Ceng/Anadolu via… [+22051 chars]

The president’s second son pitches his bitcoin company as a money-printing machine. It’s actually an arbitrage vehicle that preys on MAGA-minded investors.

Forbes

Eric Trump's Bitcoin Business Is A Disaster - Forbes

Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by higher demand for its beverages.
For the full year, Coke is now projecting comparable earni… [+2109 chars]

Shares of Coke have risen just 6% over the last year, hurt by concerns about the broader economy.

Coca-Cola tops estimates, raises earnings outlook as global beverage demand rises - CNBC

The Federal Reserve will announce its third rate decision of 2026 on Wednesday, as officials confront rising inflation, a lackluster job market and what is likely to be Jerome Powell's final meeting … [+4454 chars]

The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.

CBS News

Will the Fed cut interest rates? Here's what to expect at Wednesday's meeting. - CBS News

In a sign of the simmering discontent within the Make America Healthy Again coalition, some of its most visible figures rallied outside the U.S. Supreme Court on Monday, lobbing criticism at the Trum… [+7356 chars]

Some people in the MAHA movement are angry with the Trump administration's stance on environmental toxins — including its current support for the maker of the pesticide glyphosate.

The MAHA movement is mad about glyphosate and Trump's EPA - NPR

Goldman projects the U.S. robotaxi…
Scientists in China have developed…
By Tsvetana Paraskova - Apr 28, 2026, 4:29 AM CDTOil prices extended gains in Asian trade on Tuesday, with Brent Crude toppin… [+2499 chars]

Oil prices climbed as traders and analysts reassessed the likelihood of a prolonged Strait of Hormuz disruption.

OilPrice.com

Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate - Crude Oil Prices Today | OilPrice.com

Even as homeowners face more extreme weather like recent wildfires, floods and tornadoes, millions of them are foregoing home insurance, often due to soaring costs.
When homeowners lack adequate cov… [+709 chars]

Millions of homes in the U.S. are uninsured, partly because insurance costs have soared in recent years. NPR wants to hear about the coverage decisions you're making as premiums rise.

Millions of homes in the U.S. are uninsured. NPR wants to hear your story - NPR

The war in Iran is beginning to weigh on Chinas economy, with car sales plunging, toy factories shutting down, and thousands of workers taking to the streets following a surge in plastic and energy p… [+4015 chars]

The war in Iran is weighing on China’s economy, with car sales plunging, toy factories shutting down, and thousands of workers taking to the streets following a surge in plastic and energy prices.

The Jerusalem Post

Iran war begins to hit China’s economy as costs surge - The Jerusalem Post

By the numbers: 55% of respondents to a poll conducted April 1-15 said their financial situation is getting worse; that's up from 53% last year and 47% in 2024.
<ul><li>The number is higher than at … [+921 chars]

55% of respondents to a Gallup poll say their financial situation is getting worse.