Global Headlines

Wall Street kicked off the holiday-shortened week with stocks joining bonds higher as hopes for a peace deal between the US and Iran overshadowed military strikes in the Persian Gulf.

Eli Lilly & Co. is buying three clinical-stage vaccine developers for as much as $3.8 billion as it looks to become a leader in infectious diseases. The drugmaker has been using cash from its obesity drugs to expand into other disease areas. Bloomberg's Gerry Smith reports. (Source: Bloomberg)

US consumer confidence edged down in May as views of current economic conditions settled back amid rising prices due to the war in Iran.

Treasuries rose as investors reacted to oil price declines after US President Donald Trump said peace negotiations with Iran were proceeding, even as tensions in the Middle East remain high.

Harish Rao alleges financial mismanagement, misuse of funds by Congress Govt.