Last mentioned: Mar 22, 2026
Four-Month Low
ASX 200 closes at 8,428.40, wiping $250B in value since the start of the conflict.
Weekly Decline Starts
ASX 200 begins its third consecutive week of losses as geopolitical tensions persist.
Energy Peak
Energy stocks hit two-year highs as Iranian infrastructure attacks drive oil prices upward.
Conflict Escalation
U.S.-Israeli conflict with Iran begins, initiating a period of high market volatility.
Service Shutdown
CBS News officially announces the closure of its dedicated radio news service.
Radio Merger
CBS Radio merges with Entercom (now Audacy), though CBS News continues providing content.
World News Roundup Debuts
The iconic news program begins, setting the standard for broadcast journalism.
CBS Radio Founded
The Columbia Broadcasting System begins its radio network operations.
The Australian benchmark index fell 0.82% to close at 8,428.40, marking its third consecutive weekly decline as the conflict between the U.S., Israel, and Iran enters its eighth week. Heavy selling in the materials and banking sectors outweighed gains in energy, wiping approximately $250 billion in market value since the regional escalation began.
CBS News has announced the closure of its nearly century-old radio news service, marking a definitive shift away from traditional terrestrial broadcast. This move forces hundreds of local affiliates to seek new content partners and signals a total pivot toward digital-first audio strategies.
A new educational series highlights the significant maintenance savings associated with electric vehicles compared to traditional internal combustion engines. By eliminating complex mechanical systems and utilizing regenerative braking, EVs are reshaping the total cost of ownership for modern consumers.