The Fort Worth Press

Oil steady after wild swing, stocks diverge in thin trading

Oil prices steadied and stocks diverged Friday in thin holiday trading, as investors awaited the next move in the Middle East crisis and digested corporate earnings.

Chinese swimmer Sun Yang reports cyberbullying to police

Three-time Chinese Olympic champion swimmer Sun Yang filed a police report after being subjected to "large-scale" cyberbullying, his team said Friday.

Iran activates air defences as Trump faces congressional deadline

Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House signalled that it will not be reined in by a congressional deadline on the Iran war.

Crude edges up after wild swing, stocks track Wall St rally

Oil prices edged up Friday after the previous day's wild swings, with investors awaiting the next move in the Middle East crisis, while stocks rose in holiday-thinned trade following a tech-led record day on Wall Street.

Energy Flex Fund Hits a Barn Burner in Zapata County as Lower Wilcox Test Maxes Out the Gas Detector

Rise Capital Group's Energy Flex Fund Punches a Well Into the Roleta Formation Surrounded by EOG Offsets - and the Gas Meter Pegs at Over 13,000+ Units of Gas

Gladstone Alternative Income Fund Announces Monthly Cash Distribution for May 2026

MCLEAN, VA / ACCESS Newswire / May 1, 2026 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of May. The May distribution amount is $0.001967 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning May 1, 2026 and ending May 31, 2026 (for shareholders who own shares all 31 days in May, the distribution will total approximately $0.061 per share). Based on net asset values per share as of April 30, 2026, the May distribution amount represents an annualized distribution rate of 7.19% for Class A shares, 7.27% for Class C shares, and 7.17% for Class I shares. The distributions will be paid on May 29, 2026 for Dividend Reinvestment Plan ("DRIP") participants and June 1, 2026 for non-DRIP participants.

SMX Turns Trust Into Proof: Why the Next Global Economy Will Run on Verified Materials, Not Claims

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX)(NASDAQ:SMXWW) is redefining the role of trust in global commerce-moving it from a matter of belief to something that can be proven at the material level.

SMX Redefines Luxury: In a Market Built on Story, Only Provenance Makes It Real

NEW YORK, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX; SMXWW) is bringing a new level of verification to the global luxury market, where authenticity, provenance, and brand integrity are no longer marketing claims-they are business-critical requirements.

SMX Takes Aim at the Affordability Crisis: Verified Recycled Plastics Can Help Keep Everyday Products Within Reach

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX)(NASDAQ:SMXWW) is advancing a new affordability model for consumer goods by showing that rising material costs do not have to automatically translate into higher prices at the shelf.

It’s Time to Make "Made in America" Great Again - With Proof Built Into the Materials Themselves

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX, SMXWW) is redefining what "Made in America" can mean in a global economy where origin claims, supply chains, materials, and compliance standards are under more scrutiny than ever.

SMX Gives Silver a Permanent Digital Identity as Global Markets Demand Proof, Traceability, and Trust

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX; SMXWW), a leader in material-embedded identity and digital traceability solutions, advances molecular marking technology for silver, creating a new standard for how one of the world's most trusted metals can be authenticated, traced, and protected across increasingly complex global supply chains.

Allied Universal's Steve Jones Wins 2026 Transformative CEO Award from CEO Forum Group

Company Selected as a Top 10 Business in America

Formerra Appoints Matt Borowiec as Chief Commercial Officer

CLEVELAND, OH / ACCESS Newswire / May 1, 2026 / Formerra, a leading distributor of performance materials, today announced the appointment of Matt Borowiec as Chief Commercial Officer (CCO). Borowiec will lead the company's commercial organization to support continued growth and global expansion while strengthening sales execution and customer success.

Supreme Court Case Could Change How the IRS Collects Civil Penalties - Clear Start Tax Explains What Hirsch v. US Tax Court Means for Taxpayers

A pending Supreme Court petition could reshape IRS penalty enforcement by testing whether taxpayers have a constitutional right to a jury trial before civil penalties are imposed.

GPOPlus+ Publishes Updated Investor Memorandum Detailing Three Year Operating History and Path to Scale

The Company provides a comprehensive public update on its DSD distribution model, PRISM+ AI technology platform, operating milestones, capital strategy, and risk factors

Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day.

Venezuela leader hikes minimum wage package by 26%

Venezuela's acting president Delcy Rodriguez on Thursday hiked the minimum wage package by 26.3 percent, to $240, in an attempt to quell growing discontent over difficult living conditions.

Bangladesh signs biggest-ever plane deal for 14 Boeings

Bangladesh on Thursday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced -- the airline's biggest-ever order, in a deal valued at $3.7 billion.

Venezuela opens arms to world with Miami-Caracas flight

A relaunched Miami-Caracas flight after seven years of a standstill is paving the way for Venezuela to reclaim its status as a bustling aviation hub.

US Congress votes to end record government shutdown

The US Congress on Thursday approved funding for most of the Department of Homeland Security (DHS), ending a record-breaking partial government shutdown that has disrupted critical agencies for more than two months.

First direct US-Venezuela flight in years arrives in Caracas

The first direct flight between the United States and Venezuela in seven years landed Thursday in Caracas, a new sign of a thaw after Washington deposed leftist leader Nicolas Maduro.

Oil strikes 4-year peak, stocks rise

Oil prices struck a four-year high on Thursday on worries over a resumption of hostilities in the Middle East, while US and European stock markets mostly rose as investors turned to central bank decisions and corporate earnings.

ECB warns of risks from Mideast war as it holds rates

The European Central Bank held interest rates steady on Thursday and warned of growing risks to the growth and inflation outlook thanks to the war in the Middle East.

Iran's supreme leader defies US blockade as oil prices soar

Iran's supreme leader declared Thursday that the United States had suffered a shameful defeat, defiantly rejecting a warning from President Donald Trump that an economically-punishing US naval blockade could be enforced for months to come.

White House against Anthropic expanding Mythos model access: report

The White House is opposing Anthropic's plans to expand access to its new artificial intelligence model Mythos to 120 companies, the Wall Street Journal reported Wednesday.

Nigerian airlines avert shutdown as Mideast war hikes fuel prices

Nigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa's top crude producer and most populous nation.

ArcelorMittal boosts sales but profits squeezed

Steel giant ArcelorMittal said Thursday that while first-quarter sales had risen, adverse exchange rates hit net profits, but added that it was well placed to benefit from European restrictions on imports.

German growth beats forecast but energy shock looms

Germany's struggling economy expanded slightly faster than expected at the start of the year, data showed Thursday, but the positive momentum could be derailed by the Iran war energy shock.

Air France-KLM trims 2026 outlook over Middle East war impact

Air France-KLM cut back its 2026 outlook as it said higher fuel prices caused by the Middle East war would weigh down its fuel bill by more than a third.

Oil surges 7% to top $126 on Trump blockade warning

Oil prices soared more than seven percent to a four-year high above $126 Thursday after Donald Trump warned the US blockade of Iranian ports could last months and a report said he would be briefed on potential fresh military strikes.

Volkswagen warns of more cost cuts as profits plunge

Volkswagen's future is at risk without further cost-cuts, the ailing German auto giant warned Thursday after profits plunged more than feared as headwinds mount.

Rolls-Royce confident on profits despite Mideast war disruption

British engine-maker Rolls-Royce maintained its full-year profit guidance on Thursday, as it expects to "fully mitigate" disruption from the Middle East war.

The Fort Worth Press - Economy (English)

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