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Trump to Hold a Press Conference After Markets Close on Monday

President Donald Trump said he would hold a press conference later on Monday before returning to Washington from Florida, but gave no details about what he would discuss. The press conference is scheduled for at about 5:30 p.m. (2130 GMT), after the U.S. markets close. It comes as global markets slumped...

Almost 700,000 Displaced in Lebanon as War Enters Second Week

Escalating hostilities have forced nearly 700,000 people to flee their homes in Lebanon, a U.N. agency said on Monday, as the war between Israel and the Iran-backed Lebanese group Hezbollah entered a second week. Lebanon has been pulled deep into the war in the Middle East since Hezbollah opened fire...

Back to the 1970s? Investors Brace for a Return of Stagflation

Investors are now seriously considering the possibility that war in the Middle East could create a stagflationary shock, just as it did 50 years ago, when disruption to global energy supplies sent inflation surging, and battered growth “The risk of a 1970s scenario is rising,” said Kaspar Hense, portfolio manager...

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