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Markets Slip as Investors Bet on Extended U.S.–Iran Ceasefire

  Stocks Edge Lower as Investors Hope U.S.–Iran Ceasefire Will Hold Stocks drifted lower today as markets balanced cautious optimism over a potential extension of the U.S.–Iran ceasefire with persistent geopolitical and inflation concerns. Recent trading sessions have shown that even modest signs of diplomatic progress can meaningfully shift investor sentiment. Asian and U.S. markets rallied earlier this week on hopes that Washington and Tehran would continue negotiations, helping unwind some of the war-driven risk premiums that had pushed oil and volatility higher. Despite the pullback, investors remain hopeful that the ceasefire—currently set to expire soon—will be extended, giving negotiators more time to work toward a longer-term agreement. Reports indicate both sides are considering adding another two weeks to the pause, a move that has already helped push Brent crude below the recent peak of nearly US$120 per barrel. Lower oil prices have eased pressure on inflation expecta...

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Trump Blames ‘Bad Ratings’ for Jimmy Kimmel Show Suspension Amid Free Speech Debate

                                          Donald Trump and Jimmy Kimmel.

President Donald Trump has claimed that ABC’s decision to pull Jimmy Kimmel Live! off the air was driven by “bad ratings” rather than political pressure. Speaking alongside UK Prime Minister Keir Starmer, Trump said the late-night host “should have been fired a long time ago” and called him “not a talented person”.

ABC announced the indefinite suspension of the show following backlash over Kimmel’s on-air remarks about the killing of conservative activist Charlie Kirk. The comments drew criticism from Trump allies and prompted FCC Chair Brendan Carr to suggest possible regulatory action against the network.

While Trump dismissed the move as a ratings issue, critics — including free speech advocates — argue the suspension fits a broader pattern of political pressure on media outlets that challenge the administration. ABC has not publicly cited ratings as the reason for its decision.


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