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Iran chides ‘caveman' Trump over strong language on social media politico.euIran War Live Updates: Israel and Iran Trade Attacks After Trump's New Hormuz Ultimatum The New York TimesMiddle East crisis live: Iran warns of ‘devastating' retaliation after Trump's expletive-laden threats over strait of Hormuz The GuardianIran war updates: Tehran slams Trump th
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Pope Leo XIV Calls for Peace in First Easter Mass The New York TimesPope at Regina Caeli urges Christians to give voice to hope stifled by violence Vatican NewsPope calls for peace, and Trump vows hell for Iran on Easter AxiosOn Easter, Pope Leo delivers commanding message of peace to a world at war The Washington PostNot in God's name: How Pope Leo is pushing back on divine justification of war CNN
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Houston Rockets vs. Golden State Warriors Live Score and Stats - April 5, 2026 Gametracker CBS SportsStephen Curry puts up 29 in return, nearly hands Warriors win ESPNStephen Curry drops 29 points in return from knee injury as Warriors fall to Rockets Yahoo SportsSteph Curry is back for Warriors — because sitting out isn't how he's built The New York Times
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The economic banishment of all things Russian. Tariffs on Chinese imports. Pandemic-caused shortages of computer chips, bicycles, garage door parts and other imports. Brexit.
Just about everywhere you turn, you can see that the tectonic plates of the global economy have stopped converging and are starting to pull apart in ways that will determine new winners and losers, says Ethan Harris, head of global economics for Bank of America Securities. "Deglobalization is a gradual process, and in the long run, very important" to investors, he says, because it will have profound impacts on corporate profitability.
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Globalization refers to the increase of commerce across borders. U.S. companies prospered for decades as new markets opened for their goods and labor costs plummeted thanks to overseas production. Strategists at BofA have estimated that over the past 20 years, globalization has contributed more than half of what has been a robust expansion in profit margins. Globalization has also helped to deliver low-cost goods to American consumers.
But now, says market strategist Ed Yardeni, the pandemic and spreading political and military conflicts have stretched supply chains past the breaking point, prompting companies to bring many operations closer to home. "Deglobalization was almost inevitable," Yardeni says. U.S. companies are starting to "reshore" production back to the U.S., "near-shore" it to neighbors such as Mexico, or "friend-shore" it to allies such as Vietnam.
Investment firm Piper Sandler counted more than 900 announcements of companies either building or expanding manufacturing facilities in the U.S. in the 12 months ending in May of 2022. In 2012, there were only about 100 such announcements. Over the long term, companies
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