Karen Moscow

The inaugural meeting will focus on reconstruction and building an international stabilization force for the war-battered Gaza, where a shaky ceasefire deal persists.

Former South Korean President Yoon Suk-yool faces life in prison this after he was found guilty of leading an insurrection with his 2024 martial law declaration.

It's a move that shocked the nation and triggered the country's most severe political crisis in decades.

Now to that breaking economic news, we want to get the latest with Bloomberg's Michael McKee.

And that's Bloomberg's Michael McKee.

Shares of Walmart, they're lower this morning.

It issued a forecast for full-year earnings that missed higher expectations, flagging the unpredictable state of trade and labor market conditions.

Meanwhile, shares of Deere are higher.

They're jumping.

It boosted its annual profit outlook as the world's largest farm machinery maker anticipates the agriculture economy will get better soon.

Sources tell Bloomberg OpenAI is close to finalizing the first phase of a new funding round that's likely to bring in more than $100 billion.

It's a record-breaking financing deal that would give the startup additional capital to build out its artificial intelligence tools.

For the first time, Steve Cohen, the billionaire owner of the New York Mets, tops Bloomberg's annual list of the world's best-paid hedge fund managers.

Cohen's take from his hedge fund, .72 Asset Management, totaled a cool $3.4 billion in 2025.

according to Bloomberg calculations.

Oil is extending its biggest daily gain since October on concerns that the U.S.

and Iran are inching closer to a fresh conflict.

Axios reported that a major U.S.

military operation in the Middle East could begin soon and that Israel's government is pushing for a scenario targeting regime change in the Islamic Republic.

NYMEX crude oil is up 2.3% at $66.70 a barrel.