Business - Saturday, April 18, 2026

Iranian officials say they have closed the strait because of the U.S.'s ongoing blockade of its ports.

Chiefs’ new owner will be Black Knight Sports and Entertainment Michael B Jordan has stake in company that owns Bournemouth Bill Foley, owner of AFC Bournemouth, is poised to take control of Exeter Chiefs in a multimillion-pound deal that will bring Premier League and Hollywood glamour to English club rugby. The Guardian revealed this week that Exeter’s chair, Tony Rowe, had agreed to sell the club to a wealthy American investor, and can now disclose the club’s new owner will be Foley’s multisport investment company, Black Knight Sports and Entertainment. Continue reading...

The cumulative global impact of seven weeks of war in the Middle East will begin to emerge in the coming week, in a second round of business surveys from multiple countries.

Consumers are still spending amid U.S.-Iran war and $4 gas prices, but there's a pullback at entertainment and dining venues hitting local economies hard.

Formerly known as Wasserman, the agency that has changed its name to The Team put itself up for sale after its founder’s emails surfaced in the Epstein files.

Credit investors are loading up on riskier debt, betting that Iran and the US can extend their truce, and leaving behind havens they’ve favored since the war broke out in late February.

The law allows the U.S. government to surveil people outside the U.S., including when they're communicating with American citizens.

The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed There is a good reason Rachel Reeves is wary of the dreaded bond market vigilantes . Anyone who inherits a mountain of debt and then finds out that many of the lenders act like sharks is right to be concerned. Most of the participants in financial markets are not actively predatory. They swim in a sea of money with only one rule, to stick together, hoovering up as much profit as they can at the lowest risk. Continue reading...

Ben Casselman, our chief economics correspondent, explains why wages are not keeping up with inflation and what that means for American workers and the economy.

The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Associated Press International Correspondent Philip Crowther, Ulta Chief Technology & Information Officer Mike Maresca, Sephora Senior VP & General Manager Nadine Graham, e.l.f. Beauty Chief Technology & AI Officer Ekta Chopra, Estee Lauder Chief Technology Data & Analytics Officer Brian Franz, The Boston Globe Reporter Emily Sweeney, International Maritme Organization Secretary-General Arsenio Dominguez, Bureau of Near Eastern Affairs Former Acting Principal Deputy Assistant Secretary of State Jennifer Gavito, Former Deputy Assistant Secretary of State for Iraq & Iran Andrew Peek, US Securities & Exchange Commission Former Chair Gary Gensler, Puck Founding Partner William D. Cohan, and JLL President & CEO Christian Ulbrich. (Source: Bloomberg)