Yellen: Any tax increase should be focused on high-income earnings and corporations

investingLive Asia-Pacific FX news wrap: Oil ticked higher as markets moved closer to President Trump’s Tuesday evening deadline.

DAL's up 10.2% pre-earnings, target $79.45 vs $66.75. Peers Carnival & Nike fell post-earnings.

STZ heads into earnings with a 4.1% gain, target $172.36 vs. $155.00 price.

TSLA's 300+ P/E defies shrinking revenue & margins. JPM sees 60% drop, citing overvaluation.

Apple’s foldable iPhone faces engineering delays during test production, risking timeline slippage. EVT issues—not supply constraints—are the main hurdle, with April–May seen as key to resolving challenges ahead of a planned 2026 launch.

US officials doubt another Iran deadline extension, while describing Tehran’s “tough” response as a negotiating tactic. Trump remains open to a deal and may delay action if talks progress, keeping diplomacy and escalation risks finely balanced.

AI job cuts hit 16K/month, Gen Z faces pay cuts & long job searches. Scarring effect noted.