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Today: May 19, 2026
Today: May 19, 2026

Economy

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'G2' choreography

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets U.S.

'G2' choreography
Business|Economy|Europe|Finance|Stock Markets|World

European shares end at one-week highs on tech boost

European shares closed higher on Thursday, after hitting the highest in a week with a boost from technology stocks, while investors remained cautious

European shares end at one-week highs on tech boost
Business|Economy|Political|Travel|World

Putin visit to China will take place very soon, Kremlin says

Russian President Vladimir Putin will visit China very soon and preparations for the trip are already complete, Kremlin spokesman Dmitry Peskov said on Thursday.

Putin visit to China will take place very soon, Kremlin says
Business|Economy|Political|World

Russia says it's establishing 'full partnership' with Afghan Taliban

Russia is establishing a "full-fledged partnership" with Afghanistan's ruling Taliban and is encouraging other countries in the region to expand cooperation with Kabul, a

Russia says it's establishing 'full partnership' with Afghan Taliban
Business|Economy|Finance|Stock Markets|World

Canadian home sales rise in April, prices edge lower

Canadian home sales posted a modest increase in April from March after a slow start to the month, and prices edged lower, data from the Canadian Real Estate

Canadian home sales rise in April, prices edge lower
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US|Videos

Versant beats revenue estimates on licensing deals, digital platform growth

Versant Media topped Wall Street estimates for first-quarter revenue on Thursday, as content licensing deals and strong sales at businesses like Fandango

Versant beats revenue estimates on licensing deals, digital platform growth
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase moderately, labor market remains stable

The number of Americans filing claims for unemployment benefits increased moderately last week, pointing to a stable labor market even as rising energy prices from the

US weekly jobless claims increase moderately, labor market remains stable
Africa|Economy|Environment|Health|World

Almost 20 million people in Sudan still face acute hunger, monitors say

Some 19.5 million Sudanese people, or more than 40% of the population, are facing acute hunger, according to a report by a global hunger monitor, as the

Almost 20 million people in Sudan still face acute hunger, monitors say
Business|Economy|World

US Treasury's Bessent expects large Boeing order during China visit

U.S.

US Treasury's Bessent expects large Boeing order during China visit
Asia|Business|Economy|Environment|Technology

China's view on Elon Musk? Visionary, occasional villain

In China, Elon Musk has been the object of love - and occasional loathing.

China's view on Elon Musk? Visionary, occasional villain
Business|Economy|US|World

Small cities in big Texas metro areas lead as the fastest growing municipalities in the US

Small cities in big Texas metro areas are the fastest-growing in the U.S. The Census Bureau reported Thursday that Celina, Princeton, Melissa and Anna were at the top of the list from mid-2024 to mid-2025

Small cities in big Texas metro areas lead as the fastest growing municipalities in the US
Business|Economy|Political|World

US's Bessent says soybeans 'all taken care of', cooling expectations for fresh Chinese buying

U.S.

US's Bessent says soybeans 'all taken care of', cooling expectations for fresh Chinese buying
Business|Economy|Finance|Stock Markets

Wall St opens higher as Nvidia gains; US-China talks, data in focus

Wall Street stock indexes opened higher on Thursday as Nvidia's shares jumped, while investors assessed economic data and watched developments around the high-stakes U.S.-China

Wall St opens higher as Nvidia gains; US-China talks, data in focus
Business|Economy|Finance|Stock Markets|World

Inflation is most 'pressing risk' to US economy, Fed's Schmid says

Inflation is the biggest risk to a U.S. economy that has shown "remarkable resilience" in the face of numerous challenges, and the job market is stable, Kansas City Federal Reserve

Inflation is most 'pressing risk' to US economy, Fed's Schmid says
Africa|Economy|Environment|Health|World

Parts of Somalia face famine risk for first time since 2022

Areas of southern Somalia are at risk of famine, two global food security monitors said on Thursday, with one district reaching a level of hunger not seen in

Parts of Somalia face famine risk for first time since 2022
Business|Economy|Finance|World

US import prices surge in April as fuels post biggest gain in four years

U.S. import prices surged in April, with the cost of fuels posting the largest increase in four years, another indication that the U.S.-backed war with Iran was boosting

US import prices surge in April as fuels post biggest gain in four years
Business|Economy|Finance|Stock Markets|Technology

Cisco shares hit record on strong forecast, AI push with job cuts

Cisco shares surged 17% to a record-high on Thursday, set for their biggest single-day gain in over two decades, after it posted AI demand-powered strong results

Cisco shares hit record on strong forecast, AI push with job cuts
Crime|Economy|Health|Political

Fighting fraud is a top Trump administration priority. Here’s what you should know

Fighting fraud is a top Trump administration priority. Here’s what you should know

Fighting fraud is a top Trump administration priority. Here’s what you should know
Business|Economy|Finance|Stock Markets|US|World

US business inventories post biggest gain in nearly four years in March

U.S. business inventories increased by the most in nearly four years in March, boosted by stocks at wholesalers, government data showed on Thursday.

US business inventories post biggest gain in nearly four years in March
Africa|Americas|Arts|Asia|Australia|Business|Crime|Economy|Education|Entertainment|Environment|Europe|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|Travel|World

Italy's defence minister urges decision on EU SAFE loans before deadline

Italy's defence minister said on Thursday he had written twice to the Treasury urging a decision on whether to tap a European Union arms-

Italy's defence minister urges decision on EU SAFE loans before deadline
Economy|Education|Environment|Europe|Political|Science|Technology|World

Pope Leo decries European military spending as 'betrayal' of diplomacy

Pope Leo on Thursday decried rising European military spending, which grew last year by the highest amount since the end of the Cold War amid pressure from

Pope Leo decries European military spending as 'betrayal' of diplomacy
Business|Economy|Finance|Technology

US Senate committee advances crypto bill in milestone for digital assets

The Republican-led Senate Banking Committee on Thursday advanced long-awaited legislation that would create regulations for cryptocurrencies - a landmark step for the

US Senate committee advances crypto bill in milestone for digital assets
Economy|Finance|Stock Markets|US|World

Dollar strengthens after data with Trump-Xi summit under way

The dollar climbed for a fourth straight day on Thursday, as economic data continued to shift market expectations away from a potential rate cut from

Dollar strengthens after data with Trump-Xi summit under way
Business|Economy|Finance|World

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks

International Monetary Fund staff will visit Ukraine in coming weeks to review the country's progress in implementing economic reforms and broadening

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks
Arts|Business|Crime|Economy|Technology|World

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say

Cross-country scheme to steal cryptocurrency involved fake food orders and violent break-ins, prosecutors say
Africa|Economy|Environment|Health|Political|World

Over 40% of Sudan's population face high levels of acute food insecurity, monitoring group warns

A global hunger monitoring group reported that over 40% of Sudan's population faces acute food insecurity through May

Over 40% of Sudan's population face high levels of acute food insecurity, monitoring group warns
Arts|Business|Economy|Education|Entertainment|Lifestyle|Political|US|Videos|World

Trump administration will join a prayer gathering criticized for promoting Christian nationalism

President Donald Trump and several top administration officials are joining with a cast of mostly conservative Christian clergy this Sunday for a prayer gathering

Trump administration will join a prayer gathering criticized for promoting Christian nationalism
Business|Economy|Finance|Stock Markets|US

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials

Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
Business|Economy|Environment|Finance|Lifestyle|Stock Markets

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon
Business|Economy|Environment|Technology|World

Honda just lost money for the first time in 70 years

Honda just lost money for the first time in 70 years

Honda just lost money for the first time in 70 years
Economy|Education|Environment|Health|Science

How much is a bat worth? Protecting these tiny insect-eaters isn’t just good for farms – their deaths cost taxpayers and the wider economy

When bats disappear, farms become less productive, and that has broad implications far beyond the crops.

How much is a bat worth? Protecting these tiny insect-eaters isn’t just good for farms – their deaths cost taxpayers and the wider economy
Business|Economy|Opinion|Political

How Trump plans to keep tariffs at the center of his economic policy despite stinging court losses

Rebuffed by the Supreme Court, President Donald Trump is seeking to exploit a different tariff tool to regain leverage. Whether it succeeds remains in question.

How Trump plans to keep tariffs at the center of his economic policy despite stinging court losses
Economy|Environment|Science|World

El Niño is coming faster than expected and chances are rising that it will be historically strong

El Niño is coming faster than expected and chances are rising that it will be historically strong

El Niño is coming faster than expected and chances are rising that it will be historically strong
Economy|Election|Political|US

Why a growing number of Trump supporters are experiencing voter’s remorse

Most Trump supporters remain in his camp, but some independents, young people and Black Americans who voted for the president in 2024 would not do so again in an election do-over.

Why a growing number of Trump supporters are experiencing voter’s remorse
Business|Economy|Finance|Stock Markets|US|World

Americans are shelling out for higher gas prices while cutting back on some goods

Americans are shelling out for higher gas prices while cutting back on some goods

Americans are shelling out for higher gas prices while cutting back on some goods
Business|Economy|Political|World

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast
Arts|Business|Economy|Entertainment|Lifestyle

OnlyFans is the star of TV’s hottest shows thanks to a messy economy

OnlyFans is the star of TV’s hottest shows thanks to a messy economy

OnlyFans is the star of TV’s hottest shows thanks to a messy economy
Business|Economy|World

White House scrambles for gas-price relief as Iran war drags on

Trump administration officials are scrambling to contain the economic and political fallout of the war with Iran, three people

White House scrambles for gas-price relief as Iran war drags on
Business|Economy|Environment|Political|World

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk

Iran’s foreign minister urged BRICS nations on Thursday to condemn what he called violations of international law by the United States

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk
Business|Economy|Finance|Stock Markets|World

China April new loans unexpectedly shrink as weak demand weighs

China’s new yuan loans contracted in April for the first time in nine months, sharply undershooting forecasts as seasonal factors and weak household

China April new loans unexpectedly shrink as weak demand weighs
Business|Economy|Technology

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking

When Pattern Group co-founders David Wright and Melanie Alder needed $10 million for their startup in

JPMorgan's bet on early-stage companies pays off in leading global tech investment banking
Asia|Business|Economy|Political|World

China's Xi lauds 'new positioning' in ties with US

China's President Xi Jinping hailed on Thursday a "new positioning" of ties with the United States that envisages cooperation with

China's Xi lauds 'new positioning' in ties with US
Business|Economy|Finance|World

Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation

Investors are bracing for U.S.

Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation
Business|Economy|Technology|World

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a 19% rise in first-quarter profit versus

Foxconn reports forecast-beating 19% jump in Q1 profit on AI demand
Asia|Business|Economy|World

Thai economic growth likely slowed in first quarter on tourism slump

Thailand's economic growth likely slowed in the first quarter of 2026 and was barely positive on a quarterly basis, according to a Reuters poll of

Thai economic growth likely slowed in first quarter on tourism slump
Business|Economy|World

India says safe, unimpeded maritime flows vital for global economic well-being

Indian Foreign Minister Subrahmanyam Jaishankar said on Thursday that "safe, unimpeded maritime flows" through international waters, including the Strait of Hormuz and

India says safe, unimpeded maritime flows vital for global economic well-being
Business|Economy|Finance|Political|World

Taiwan considers resubmitting request for rejected defence budget items

Taiwan's government said on Thursday it was considering resubmitting to parliament a request for items cut by lawmakers from a special defence budget given how crucial they

Taiwan considers resubmitting request for rejected defence budget items
Business|Economy|Finance|Stock Markets|World

India's wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar

India's wholesale price inflation rose unexpectedly to 8.3% in April, the fastest pace in three-and-a-half years, government

India's wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar
Asia|Business|Economy|Environment|World

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit

Chinese customs appeared to have halted export clearances for hundreds of U.S. beef plants on Thursday, hours after Reuters

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

AI rally powers on, Trump-Xi summit takes centre stage

A look at the day ahead in European and global markets from Ankur Banerjee The record-setting AI-led rally appears to be chugging along just fine as investors shrug off the prospect of interest rates

AI rally powers on, Trump-Xi summit takes centre stage
Business|Economy|Science|Technology

AI boom puts SK Hynix on cusp of $1 trillion market value

SK Hynix is on the verge of topping a $1 trillion market value, just weeks after Samsung Electronics crossed the milestone, as

AI boom puts SK Hynix on cusp of $1 trillion market value
Business|Economy|Environment|Technology|World

Honda records its first-ever annual loss on a costly EV strategy

Honda says it racked up a full-year loss for the first time ever, losing $2.7 billion in the last fiscal year due to a costly electric-vehicle strategy

Honda records its first-ever annual loss on a costly EV strategy
Asia|Business|Economy|Environment|Finance|Political|World

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity

BRICS foreign ministers have started a two-day meeting in New Delhi

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity
Business|Economy|Technology|World

Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals

Honda Motor posted its first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs to restructure its

Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals
Asia|Business|Economy|Technology|World

Samsung Electronics urges union to resume talks as strike threat looms

Samsung Electronics on Thursday proposed that its South Korean labour union resume pay talks after government-mediated negotiations fell apart, a union leader said, citing a

Samsung Electronics urges union to resume talks as strike threat looms
Business|Economy|Finance|Stock Markets|US|World

China's yuan hits 3-year high, stocks dip, as investors await details from Trump-Xi summit

China's yuan edged up to a three-year high against the dollar on Thursday, while key stock indexes pulled away from recent peaks, as investors awaited more news from a

China's yuan hits 3-year high, stocks dip, as investors await details from Trump-Xi summit
Business|Economy|Finance|World

BOJ board member Masu calls for early rate hike, joins hawkish chorus

The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic slowdown, board member Kazuyuki Masu said in

BOJ board member Masu calls for early rate hike, joins hawkish chorus
Business|Economy|World

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on

Asia Pacific banks may have to raise their loan loss provisions further in the near-term as the Iran conflict

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on
Business|Economy|Science|Technology|World

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough

The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery has been made so far, three people familiar with the

US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
Business|Economy|Environment|Finance|Stock Markets|World

BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals

BlackRock's GIP has partnered with Singapore's Temasek and Abu Dhabi's

BlackRock's GIP teams up with Temasek, Abu Dhabi heavyweights to target $30 billion in infrastructure deals
Business|Economy|Europe|World

UK economy posts strong Q1, but Iran war casts shadow over outlook

Britain's economy grew unexpectedly in March to cap another strong first quarter, suggesting it was in better shape as the Iran war escalated

UK economy posts strong Q1, but Iran war casts shadow over outlook
Economy|Europe|World

French central bank succession fight tests Macron's sway ahead of 2027 election

French President Emmanuel Macron faces a test next week when lawmakers decide whether to approve his former chief of staff to run the

French central bank succession fight tests Macron's sway ahead of 2027 election
Business|Economy|Finance|Technology

New York, California pension leaders oppose 'extreme' SpaceX control structure

Leaders of three of the biggest U.S. public pension systems said they have major concerns over SpaceX's "extreme" ownership and control set-up in its upcoming

New York, California pension leaders oppose 'extreme' SpaceX control structure
Economy|Political|World

Japan is considering extra budget on rising fuel bills, sources say

Japan's government is looking at compiling a supplementary budget to reduce the burden on households from rising fuel

Japan is considering extra budget on rising fuel bills, sources say
Business|Economy|Science|Technology|World

Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says

Nvidia CEO Jensen Huang told state broadcaster CCTV on Thursday that he hoped U.S.

Nvidia CEO hopes Trump and Xi will improve two-way ties, CCTV says
Business|Economy|Environment|Political|World

US House passes bill allowing year-round sales of E15 gasoline

The U.S.

US House passes bill allowing year-round sales of E15 gasoline
Economy|Environment|World

Protests flare across Havana as power cuts deepen amid US blockade

Protests broke out across the Cuban capital of Havana on Wednesday evening as the city confronted its worst rolling blackouts in decades amid a U.S.

Protests flare across Havana as power cuts deepen amid US blockade
Business|Economy|Technology

TSMC says global chip market to hit $1.5 trillion by 2030 as AI drives growth

TSMC, the world's largest contract chipmaker, expects the global semiconductor market to exceed $1.5 trillion by 2030, topping its previous forecast

TSMC says global chip market to hit $1.5 trillion by 2030 as AI drives growth
Business|Economy|Environment|Finance|Stock Markets

Australian court finds grocery giant Coles misled shoppers over discounts

An Australian court on Thursday found that Coles, the country's No. 2 supermarket chain, had misled shoppers by hiking prices on hundreds of goods and then

Australian court finds grocery giant Coles misled shoppers over discounts
Business|Economy|Travel|World

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market

Air India's thousands of flight cuts due to the Iran war and Pakistan's airspace ban have become a boon for foreign carriers, with Lufthansa Group

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market
Business|Economy|Finance|Political|US|World

Who is incoming Fed chair Kevin Warsh?

The U.S. Senate on Wednesday confirmed Kevin Warsh to lead the Federal Reserve

Who is incoming Fed chair Kevin Warsh?
Business|Economy|Finance|Technology|World

Citadel asked some Hong Kong quant staff to relocate, FT reports

Hedge fund Citadel has moved some of its core researchers out of Hong Kong, telling members of its global quantitative strategies team in recent months that they had to either

Citadel asked some Hong Kong quant staff to relocate, FT reports
Business|Economy|Environment|Finance|Stock Markets|Technology|US|World

Land management company EagleRock raises about $320 million in US IPO

EagleRock, a land and resource management company that collects royalties and fees from oil and gas ‌production on the land it controls in the Permian Basin, has raised $320.1

Land management company EagleRock raises about $320 million in US IPO
Business|Economy|Technology|World

Threatened Samsung strike poses significant risk to South Korea growth, Finance Minister says

A threatened strike by Samsung Electronics' union would be a significant risk to South Korea's economic growth, exports and markets, Finance Minister Koo Yun-cheol said on

Threatened Samsung strike poses significant risk to South Korea growth, Finance Minister says
Business|Economy|Political

Senate Republicans block Democrats’ effort to reverse several Trump-era CFPB changes

Senate Republicans have blocked Democrats' efforts to reverse Trump-era changes to consumer protection laws

Senate Republicans block Democrats’ effort to reverse several Trump-era CFPB changes
Business|Economy|Finance|Stock Markets|Technology

Blackstone data center REIT raises $1.75 billion in US IPO

A newly formed Blackstone data center real estate investment trust has raised $1.75 billion in its U.S. initial public offering, it said on Wednesday.

Blackstone data center REIT raises $1.75 billion in US IPO
Business|Economy|Europe|World

Gloom in UK housing market shows no sign of lifting, RICS survey shows

Buyers in Britain's housing market stayed downbeat last month as the economic fallout from the Iran war and rising mortgage rates weighed on sentiment, a survey from the Royal

Gloom in UK housing market shows no sign of lifting, RICS survey shows
Business|Economy|Education|Health|Technology

Meta challenges New Mexico's $3.7 billion plan for teen mental health in social media trial

A lawyer for Meta Platforms on Wednesday argued that New Mexico's $3.7 billion proposal to address teen mental health harms goes too far, saying it would force

Meta challenges New Mexico's $3.7 billion plan for teen mental health in social media trial
Business|Economy|Finance|Stock Markets|World

Air NZ warns of largest loss in four years as Iran war sends fuel cost soaring

Air New Zealand on Thursday forecast its largest pre-tax annual loss in four years, as sky-high fuel costs due to the Middle East conflict

Air NZ warns of largest loss in four years as Iran war sends fuel cost soaring
Business|Economy|Science|Technology

Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers

By Max A.

Nvidia CEO's foundation buys $108 million of AI computing from CoreWeave, donates it to researchers
Business|Economy|Education|Political|World

NAACP says Tennessee redistricting intentionally discriminates on basis of race

U.S. civil rights group NAACP said on Wednesday the new congressional map approved last week by Tennessee Republicans intentionally discriminated on

NAACP says Tennessee redistricting intentionally discriminates on basis of race
Business|Economy|Finance|Stock Markets|US

Ryan Cohen hits back at eBay, says his takeover proposal should not be dismissed

GameStop CEO Ryan Cohen told eBay's board on Wednesday that they should not reject his $56 billion takeover proposal and the

Ryan Cohen hits back at eBay, says his takeover proposal should not be dismissed
Business|Economy|Travel|World

Allegiant Air and Sun Country complete merger, creating larger budget airline for travelers

Allegiant Air says it has completed its purchase of Sun Country Airlines, bringing together two low-cost carriers and creating a larger budget airline for travelers

Allegiant Air and Sun Country complete merger, creating larger budget airline for travelers
Crime|Economy|US|World

Taxpayer-funded sexual harassment settlements involving lawmakers exceeded $550,000, newly released documents show

Taxpayer-funded sexual harassment settlements involving lawmakers exceeded $550,000, newly released documents show

Taxpayer-funded sexual harassment settlements involving lawmakers exceeded $550,000, newly released documents show
Business|Economy|Finance|Stock Markets|World

Trading Day: Inflation? Stocks don't care

Investors shrugged off a sharp rise in U.S. producer inflation and spike in bond yields on Wednesday to push the S&P 500 and Nasdaq to new highs,

Trading Day: Inflation? Stocks don't care
Business|Economy|Finance|Stock Markets|World

New Zealand home prices dip in April as living costs weigh

New Zealand home prices slipped in April as high living costs dampened buyer sentiment, though most regions were steady and overall market conditions were largely unchanged,

New Zealand home prices dip in April as living costs weigh
Business|Economy|World

Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports

Boston Federal Reserve President Susan Collins told the Wall Street Journal on Wednesday that she expects inflation pressures from the Iran war to eventually subside and that the

Fed's Collins expects inflation pressures from Iran war to eventually subside, WSJ reports
Business|Economy|Finance|Stock Markets|Technology

Cerebras prices IPO at $185 per share to raise $5.55 billion

Cerebras Systems priced its U.S. initial public offering at $185 per share on Wednesday, above the top end of its indicated price range, the company said,

Cerebras prices IPO at $185 per share to raise $5.55 billion
Economy|Finance|Political|US|World

Iran war looms over Trump's China visit, shifts alliances

The U.S.-Israeli war with Iran loomed over U.S.

Iran war looms over Trump's China visit, shifts alliances
Business|Crime|Economy|Election|Finance|Political|Stock Markets|World

Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker

Brazilian financial markets reeled on Wednesday as traders pointed to a report alleging ties between Senator Flavio Bolsonaro and a scandal-plagued banker, with some

Brazil markets rattled by report linking Flavio Bolsonaro to disgraced banker
Business|Economy|Finance|World

HF Sinclair terminates CFO Atanas Atanasov

U.S. refiner HF Sinclair's CFO Atanas Atanasov, who has been on leave of absence since late February amid concerns raised by its audit committee, has been terminated, the company

HF Sinclair terminates CFO Atanas Atanasov
Business|Economy|Finance|World

Venezuela starts sovereign, PDVSA debt overhaul; liabilities seen above $150 billion

Venezuela on Wednesday launched a restructuring of its sovereign debt and that of state oil firm PDVSA, lifting bond prices, as it seeks relief from what it called unsustainable

Venezuela starts sovereign, PDVSA debt overhaul; liabilities seen above $150 billion
Business|Economy|Finance|Stock Markets|US|World

He fought Trump’s tariffs through the Supreme Court all the way to a refund

He fought Trump’s tariffs through the Supreme Court all the way to a refund

He fought Trump’s tariffs through the Supreme Court all the way to a refund
Business|Economy|Environment|Health|Science|Technology|Travel

NTSB urges airlines to train their pilots better in simulations to deal with smoke in the cockpit

Safety experts recommended Wednesday that airlines develop realistic training to prepare their pilots to deal with smoke filling the cockpit, like what happened on a Southwest Airlines plane after a bird strike in 2023

NTSB urges airlines to train their pilots better in simulations to deal with smoke in the cockpit
Economy|Political|Technology|World

The Latest: Trump in China for Xi meeting to focus on Iran war, trade and US arms sales to Taiwan

U.S. President Donald Trump has arrived in Beijing for his highly anticipated summit with Chinese leader Xi Jinping at a restless moment for a world worried about war, trade and artificial intelligence

The Latest: Trump in China for Xi meeting to focus on Iran war, trade and US arms sales to Taiwan
Business|Economy|Education|Political|World

King Charles III lays out UK government agenda as Starmer's job hangs in the balance

King Charles III has outlined the British government's legislative plans as Prime Minister Keir Starmer faces pressure to stay in power

King Charles III lays out UK government agenda as Starmer's job hangs in the balance
Business|Economy|Health|Political

Trump administration defers $1.3 billion in Medicaid payments to California amid fraud investigation

Trump administration defers $1.3 billion in Medicaid payments to California amid fraud investigation

Trump administration defers $1.3 billion in Medicaid payments to California amid fraud investigation
Business|Economy|Finance|Political|Stock Markets|US

Warsh clinches Senate approval to be Fed's next chair as inflation intensifies

The U.S.

Warsh clinches Senate approval to be Fed's next chair as inflation intensifies
Business|Economy|Finance|World

Canadian dollar extends daily losing streak as BoC minutes show patience

The Canadian dollar edged lower for a sixth straight day against its U.S. counterpart on Wednesday, as the greenback posted broad-based gains and minutes

Canadian dollar extends daily losing streak as BoC minutes show patience
Business|Economy|Entertainment|Environment|Lifestyle

Northern California gas prices top $6 as food truck owners feel the squeeze

Northern California gas prices top $6 as food truck owners feel the squeeze

Northern California gas prices top $6 as food truck owners feel the squeeze
Business|Economy|Education|Finance

Intern teacher overcomes financial struggles to stay in the classroom

Intern teacher overcomes financial struggles to stay in the classroom

Intern teacher overcomes financial struggles to stay in the classroom
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq boosted by chips to record closing highs

The S&P 500 and the Nasdaq gained ground on Wednesday with a boost from artificial intelligence-related tech shares, which helped markets

S&P 500, Nasdaq boosted by chips to record closing highs
Business|Economy|Finance|Stock Markets|Technology

Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge

Cisco said on Wednesday it would cut nearly 4,000 jobs, as part of a restructuring aimed at shifting investment toward artificial intelligence and related growth areas,

Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge
Business|Economy|Education|Environment|Science|Technology

US FAA to equip its airport vehicles with transponders

The Federal Aviation Administration said Wednesday it will spend $16.5 million to install transponders on its airport vehicles after a fatal

US FAA to equip its airport vehicles with transponders
Business|Economy|Science|Technology

Microsoft eyeing startup deals for life after OpenAI

Microsoft is shopping for artificial-intelligence startups as the software company prepares for a future

Microsoft eyeing startup deals for life after OpenAI
Business|Economy|Environment|Finance|Stock Markets|Technology

Ford stock surges 13% on investor optimism for new energy storage business 

Investor support for Ford Motor's energy storage business sent its stock soaring 13% Wednesday, the biggest single-day increase in about six years, following

Ford stock surges 13% on investor optimism for new energy storage business 
Business|Economy|Finance|Political|Stock Markets|US

Justice Department considers settling Trump’s $10 billion IRS leak lawsuit

Justice Department considers settling Trump’s $10 billion IRS leak lawsuit

Justice Department considers settling Trump’s $10 billion IRS leak lawsuit
Business|Economy|Finance|Political|Stock Markets|US

What to know about incoming Fed Chair Kevin Warsh, in one resume

What to know about incoming Fed Chair Kevin Warsh, in one resume

What to know about incoming Fed Chair Kevin Warsh, in one resume
Business|Economy|Finance|Stock Markets|World

Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data

A rebound for technology stocks led Wall Street to records, even though the majority of U.S. stocks fell following another discouraging update on inflation

Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
Business|Crime|Economy|Health|Travel

Denver International Airport looks to create "better evacuation" process after Frontier incident

Denver International Airport looks to create "better evacuation" process after Frontier incident

Denver International Airport looks to create "better evacuation" process after Frontier incident
Business|Economy|Finance|World

Warsh wins confirmation as Fed chair, with inflation on the march

The U.S.

Warsh wins confirmation as Fed chair, with inflation on the march
Asia|Economy|Political|World

Trump wants China's help on Iran. Beijing may have other ideas

When U.S.

Trump wants China's help on Iran. Beijing may have other ideas
Business|Economy|Environment|World

BP to meet union leaders next week for Whiting refinery negotiations

BP will meet with union leaders on Monday to resume contract negotiations for workers at its Whiting, Indiana, oil refinery, the company and United Steelworkers union said

BP to meet union leaders next week for Whiting refinery negotiations
Economy|Finance|Political|US|World

US House members defy leadership, to force vote on Ukraine aid

A U.S.

US House members defy leadership, to force vote on Ukraine aid
Business|Economy|Health|Technology|World

KKR-backed ambulance giant GMR valued at $3 billion as shares fall in NYSE debut

Emergency medical services heavyweight GMR Solutions was valued at $3.01 billion after its shares fell 10% in its New York Stock Exchange debut on Wednesday, adding to a string of

KKR-backed ambulance giant GMR valued at $3 billion as shares fall in NYSE debut
Business|Economy|Europe|Finance|Technology

Broadcom sues EU antitrust regulators over request for US legal documents

Broadcom is suing EU antitrust regulators over their requests for documents containing legal advice from its U.S. lawyers in a case related to VMware,

Broadcom sues EU antitrust regulators over request for US legal documents
Business|Economy|Environment|Finance

Exxon, Chevron face dissent from proxy firms ahead of annual meetings

Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended that Exxon Mobil and Chevron investors vote against some of the

Exxon, Chevron face dissent from proxy firms ahead of annual meetings
Business|Economy|Finance|World

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting

Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Business|Economy|Environment|Finance|Stock Markets|US

US upstream oil and gas dealmaking hit two-year high in Q1 2026 

Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two

US upstream oil and gas dealmaking hit two-year high in Q1 2026 
Business|Economy|Science|Technology

OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI, court filing shows

OpenAI Chief Executive Sam Altman holds more than $2 billion in companies that have done business with the artificial intelligence company, a

OpenAI chief Altman has over $2 billion stake in companies that dealt with OpenAI, court filing shows
Business|Economy|Finance|Stock Markets|US

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell

Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell
Business|Economy|Political|Technology

Kevin O'Leary accuses data center opponents of being funded by China

Kevin O'Leary accuses data center opponents of being funded by China

Kevin O'Leary accuses data center opponents of being funded by China
Africa|Business|Economy|Environment|Political|World

Macron ends Africa trip in Ethiopia with focus on UN reform and inclusive governance

French President Emmanuel Macron has concluded his Africa visit with talks in Ethiopia

Macron ends Africa trip in Ethiopia with focus on UN reform and inclusive governance
Economy|Political|World

Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell

The Senate has confirmed Kevin Warsh as chairman of the Federal Reserve

Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell
Economy|Political|Travel|World

On the road to Tehran, Iranians on edge as threat of resumption of war looms

On the road to Tehran, Iranians on edge as threat of resumption of war looms

On the road to Tehran, Iranians on edge as threat of resumption of war looms
Business|Crime|Economy|Political|US|World

Former private prison executive David Venturella will become ICE's acting leader

The Trump administration says a former executive at a private prison operator will serve as the acting head of U.S. Immigration and Customs Enforcement

Former private prison executive David Venturella will become ICE's acting leader
Business|Crime|Economy|Europe|Finance|Political|World

Russia fires 800 drones at Ukraine despite recent talk by Putin and Trump of possible peace

Russia has launched a massive daytime drone attack on Ukraine, firing at least 800 drones across 20 regions of the country

Russia fires 800 drones at Ukraine despite recent talk by Putin and Trump of possible peace
Business|Economy|Education|Environment|Technology

'It does give you choices': Man working to teach people about EVs through non-profit organization

'It does give you choices': Man working to teach people about EVs through non-profit organization

'It does give you choices': Man working to teach people about EVs through non-profit organization
Arts|Business|Economy|Entertainment|Europe|Finance|Lifestyle

'Ocean Dream' blue-green diamond sells for more than $17 million at Christie's auction in Geneva

Christie's says a 5.5-carat triangular-cut diamond billed as the largest fancy vivid blue-green diamond known to exist has sold for more than 13.5 million Swiss francs or $17.3 million

'Ocean Dream' blue-green diamond sells for more than $17 million at Christie's auction in Geneva
Business|Economy|Education

Elementary students open savings accounts after completing financial literacy program

Elementary students open savings accounts after completing financial literacy program

Elementary students open savings accounts after completing financial literacy program
Business|Economy|Technology

LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says

LinkedIn planned to inform staff of layoffs on Wednesday, two people familiar with the matter told Reuters, in a widening of

LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says
Economy|Political|US|World

US Justice Department drafts legal opinion backing demands for state voter rolls

The Department of Justice has issued a formal legal justification for the federal government's demands that states share their unredacted voter rolls, even though half

US Justice Department drafts legal opinion backing demands for state voter rolls
Business|Economy|Finance|Political|Stock Markets|US|World

Saudi warplanes struck militias in Iraq during war, sources say

Saudi fighter jets bombed targets linked to powerful Tehran-backed Shi'ite militias in Iraq during the

Saudi warplanes struck militias in Iraq during war, sources say
Business|Economy|World

Iran, Ukraine wars deliver worst hit in years to oil refining output

Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months,

Iran, Ukraine wars deliver worst hit in years to oil refining output
Business|Crime|Economy|MidEast|World

Families of Pakistani hostages held by Somali pirates for 23 days call for their rescue

Ambreen Fatima protested in Karachi with her children on Wednesday for the release of her husband, one of ten Pakistani crew aboard an oil tanker seized by

Families of Pakistani hostages held by Somali pirates for 23 days call for their rescue
Business|Economy|Finance|Health|Political|US

US freezes Medicare enrollments for new home healthcare and hospice providers

The Trump administration will block new home healthcare and hospice providers from enrolling in Medicare for at least the next six months, according

US freezes Medicare enrollments for new home healthcare and hospice providers
Business|Economy|Finance|Political|Stock Markets|World

BoE to hold rates at 3.75% this year, but growing minority expect a hike: Reuters poll

The Bank of England will hold borrowing costs at 3.75% this year, a Reuters poll of economists found, though over a third

BoE to hold rates at 3.75% this year, but growing minority expect a hike: Reuters poll
Business|Economy|Environment|Finance|Stock Markets|Technology

Fervo Energy crosses $10 billion valuation as shares soar in Nasdaq debut

Fervo Energy on Wednesday secured a valuation of $10.21 billion after its shares jumped 33% in their debut on the Nasdaq, signaling

Fervo Energy crosses $10 billion valuation as shares soar in Nasdaq debut
Africa|Business|Crime|Economy|World

Nigerian court sentences ex-power minister Mamman to 75 years in prison for fraud

A Nigerian court on Wednesday sentenced former power minister Saleh Mamman to 75 years in prison after convicting him of laundering 33.8 billion naira ($24.71 million), the

Nigerian court sentences ex-power minister Mamman to 75 years in prison for fraud
Business|Economy|Health

Easing medical costs a positive for health insurers, but real test lies ahead, analysts say

U.S. health insurers' strong first-quarter results signaled more stable medical costs after prolonged pressure, but Wall Street analysts want to see another similar

Easing medical costs a positive for health insurers, but real test lies ahead, analysts say
Business|Economy|Health|Science|Technology

Makary exit may temporarily lift biotech sentiment but FDA leadership vacuum looms

U.S. Food and Drug Administration Commissioner Dr.

Makary exit may temporarily lift biotech sentiment but FDA leadership vacuum looms
Business|Economy|World

Fed is 'dead serious' about getting inflation down, Kashkari says

Minneapolis Federal Reserve President Neel Kashkari said on Wednesday that the U.S. labor market looks "a bit better" than it did earlier this year, while the Iran war has worsened

Fed is 'dead serious' about getting inflation down, Kashkari says
Economy|Finance|Political|US|World

Republican resistance to Iran war grows in the Senate as Murkowski flips

Senate Republicans have again blocked Democratic legislation that would halt President Donald Trump’s war with Iran

Republican resistance to Iran war grows in the Senate as Murkowski flips
Business|Economy|Political|World

Trump arrives in Beijing for talks with China's Xi on Iran war, trade and US arms sales to Taiwan

The welcoming ceremony for U_S_ President Donald Trump as he arrived in Beijing for a summit with Chinese leader Xi Jinping has included a military honor guard, a military band and hundreds of Chinese youths waving flags and chanting, “Warm welcome!”

Trump arrives in Beijing for talks with China's Xi on Iran war, trade and US arms sales to Taiwan
Economy|Political|US

Fact check: Trump falsely claims the inflation rate was just 1.7% prior to the Iran war

Fact check: Trump falsely claims the inflation rate was just 1.7% prior to the Iran war

Fact check: Trump falsely claims the inflation rate was just 1.7% prior to the Iran war
Business|Economy|Finance|Stock Markets|US|World

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers

U.S. wholesale inflation came in hot last month

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers
Business|Economy|Environment|World

US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

US grocery prices rose in April, but gas spikes weren't the only reason
Economy|Environment|Science|World

Scientists find clues that a new tectonic plate boundary is forming

Scientists find clues that a new tectonic plate boundary is forming

Scientists find clues that a new tectonic plate boundary is forming
Business|Economy|Technology|World

US and China seek to repair damage from tariff war that sent trade into a freefall

President Donald Trump's trade war with Beijing has sent U.S.-China trade into a freefall and forced companies on both sides of the Pacific to regroup

US and China seek to repair damage from tariff war that sent trade into a freefall
Business|Economy|Finance|Stock Markets

FedEx sets one-for-two share ratio for freight unit spinoff

FedEx said on Wednesday it would allot its shareholders one share of the trucking unit it is hiving off for every two shares they hold in the parcel delivery firm.

FedEx sets one-for-two share ratio for freight unit spinoff
Business|Economy|Environment|World

Ukraine attacks Russian energy sites - what has been hit?

Ukraine has increased attacks on Russian energy facilities in recent months as peace talks have failed to make progress.

Ukraine attacks Russian energy sites - what has been hit?
Economy|World

Bank of England's Mann sees risk rate hikes could rock gilt market

The Bank of England should be alert to the risk that future interest rate hikes could roil Britain's government bond market because of the growing role of hedge funds and

Bank of England's Mann sees risk rate hikes could rock gilt market
Arts|Business|Economy|Education|Entertainment|Environment|Europe|Technology|World

Top French court rejects Amazon challenge over French book delivery fees

France's highest administrative court, the Conseil d'Etat, rejected on Wednesday a challenge by Internet giant Amazon over minimum delivery fees on books, as the country

Top French court rejects Amazon challenge over French book delivery fees
Business|Economy|Finance|World

Fed's Collins says rate hikes may be needed to curb inflation

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates if inflation pressures do not abate.

Fed's Collins says rate hikes may be needed to curb inflation
Business|Economy|Entertainment|Technology|US

Shutterstock to pay $35 million to settle US FTC charges over subscription plans, cancellations

Shutterstock will pay $35 million to settle U.S.

Shutterstock to pay $35 million to settle US FTC charges over subscription plans, cancellations
Business|Crime|Economy|Health|Lifestyle

Businesses raise funds for family after two girls drown in creek

Businesses raise funds for family after two girls drown in creek

Businesses raise funds for family after two girls drown in creek
Africa|Business|Economy|World

Warm words, thin relief: Macron's Africa financial push under scrutiny

French President Emmanuel Macron jogged with Kenyan marathon star Eliud Kipchoge, spoke with local university students and announced $27 billion in new

Warm words, thin relief: Macron's Africa financial push under scrutiny
Business|Economy|Finance|World

US dollar rises as inflation jumps; Trump-Xi talks begin

The dollar gained on Wednesday after hitting a two-week high following the latest stronger-than-expected U.S. inflation reading, with talks set to

US dollar rises as inflation jumps; Trump-Xi talks begin
Business|Economy|Finance|Political|US|World

NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff

The Federal Reserve Bank of New York on Wednesday defeated an appeal by a Puerto Rican lender whose access to the U.S. central banking system was cut

NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff
Business|Economy|Finance|Stock Markets|World

US producer prices surprise with largest increase in four years

U.S. producer prices posted their biggest increase in four years in April, boosted by soaring costs for goods and services, the latest sign of

US producer prices surprise with largest increase in four years
Business|Economy|Finance|US|World

Most US adults say finances in good shape but job worries tick up, Fed survey shows

Nearly three-quarters of U.S. adults last year continued to rate their personal finances as being in reasonable shape, although they remained concerned about inflation

Most US adults say finances in good shape but job worries tick up, Fed survey shows
Business|Economy|Finance|Stock Markets|World

Global equities rise with the dollar, bond yields as US inflation soars

MSCI's global equities gauge advanced with the dollar on Wednesday as investors assessed hotter-than- expected inflation data

Global equities rise with the dollar, bond yields as US inflation soars
Business|Economy|Environment|Science|Technology

Fervo Energy raises $1.89 billion in US IPO

Geothermal energy developer Fervo Energy said on Tuesday it has raised $1.89 billion in its upsized U.S. initial public offering, highlighting robust investor appetite for the

Fervo Energy raises $1.89 billion in US IPO
Business|Economy|Environment|Political|World

How has the Iran war affected Middle East states?

LONDON, May 13 - The war that began on February 28 with a massive Israeli-U.S. bombing campaign against Iran has rocked the entire Middle East, wreaking damage to infrastructure and economies and

How has the Iran war affected Middle East states?
Business|Economy|Finance|Political|Stock Markets|US|World

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air
Business|Economy|Environment|World

Malaysia says Iranian oil transfers near its waters exploit a maritime loophole

Malaysia’s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters

Malaysia says Iranian oil transfers near its waters exploit a maritime loophole
Business|Economy|Environment|Science|Technology

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills
Business|Economy|Entertainment|Finance|Lifestyle

Sazerac to invest in cocktail brand SIPMARGS backed by TikTok star Alix Earle

Spirits company Sazerac has agreed to invest in canned cocktail brand SIPMARGS, which counts social media influencer Alix Earle as an investor, as

Sazerac to invest in cocktail brand SIPMARGS backed by TikTok star Alix Earle
Business|Economy|Science|Technology

AI cloud firm Nebius reports near eightfold revenue surge, shares jump

Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from increasing demand for artificial intelligence infrastructure and cloud services,

AI cloud firm Nebius reports near eightfold revenue surge, shares jump
Business|Economy|Finance|Stock Markets|World

S&P 500 opens muted as hot inflation data signals rates to stay on hold

The S&P 500 was subdued at the open on Wednesday, as hotter-than-anticipated producer prices reinforced bets that the Federal Reserve would keep monetary policy restrictive all

S&P 500 opens muted as hot inflation data signals rates to stay on hold
Economy|Environment|Health|World

UN food agency halves Syria food aid, halts bread subsidy over funding shortages

The World Food Programme said on Wednesday it had halved emergency food assistance in Syria due to funding shortages, warning that millions remained vulnerable despite signs of

UN food agency halves Syria food aid, halts bread subsidy over funding shortages
Business|Economy|Finance|World

Brazil's retail sales beat forecasts, hit record high in March

Brazil's retail sales volumes beat expectations and reached a record high in March, data from statistics agency IBGE showed on Wednesday, though high borrowing costs

Brazil's retail sales beat forecasts, hit record high in March
Arts|Business|Economy|Europe|Finance|Science|Technology|World

Apple criticises EU measures to help AI rivals access Google services

Apple on Wednesday echoed Google's criticism of EU antitrust regulators' efforts to force the search giant to help AI rivals access its services, warning

Apple criticises EU measures to help AI rivals access Google services
Economy|Europe|Political|World

UK's Starmer faces biggest challenge yet as resignation threat overshadows King's Speech

Keir Starmer was facing his biggest challenge yet on Wednesday when his health minister was reportedly readying his

UK's Starmer faces biggest challenge yet as resignation threat overshadows King's Speech
Business|Economy|Europe|Political|World

JPMorgan executive open to talks with France's far-right National Rally

JPMorgan is open to engaging with France's far-right National Rally (RN) ahead of next year's presidential election, a senior regional executive at the

JPMorgan executive open to talks with France's far-right National Rally
Business|Economy|Environment|Food|Political

Tyson Foods sees 'spotty' efforts to expand US cattle herd, CFO says

U.S. cattle producers are making "spotty" efforts to rebuild the nation's diminished herd and supplies will remain tight, Tyson Foods Chief Financial

Tyson Foods sees 'spotty' efforts to expand US cattle herd, CFO says
Business|Crime|Economy|Europe|Finance|Political|World

Iran war brings Turkey-PKK peace process to near standstill

Just two weeks after Turkey's parliament made recommendations on how to advance the country's peace process with Kurdish

Iran war brings Turkey-PKK peace process to near standstill
Business|Economy|Technology|World

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'

China's Alibaba said it would exceed its planned AI investment of up to 380 billion yuan ($55.96 billion) over the next three years, as early

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'
Business|Economy|Finance|Stock Markets|World

Birkenstock warns of higher costs from tariffs, Middle East conflict

Birkenstock shares slumped 13% on Wednesday after the sandal maker warned of rising second-half cost pressures from U.S. tariffs and the Middle East conflict, with

Birkenstock warns of higher costs from tariffs, Middle East conflict
Economy|Political|World

What's at stake in Turkey's bid to end conflict with PKK militants?

Turkey's attempt to finish its decades-old conflict with the Kurdistan Workers' Party (PKK) militant group has stalled, with both sides waiting for the other to act in a

What's at stake in Turkey's bid to end conflict with PKK militants?
Business|Economy|Finance|Stock Markets|US

Hot April producer price number adds to inflation worries

 U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the

Hot April producer price number adds to inflation worries
Business|Economy|Entertainment|Health|Lifestyle|US

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok
Business|Economy|Technology|World

Brazil's beloved instant payment system faces scrutiny from the Trump administration

Brazil may be politically divided but people across the spectrum all love the country's instant payment system

Brazil's beloved instant payment system faces scrutiny from the Trump administration
Business|Economy|Technology

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow

China's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow
Economy|Education|Environment|Opinion|Science

Detroit’s water affordability crisis is tied to the uneven distribution of stormwater management costs – a fraught history explains why

Some Detroit residents spend as much as 25% of their disposable income on water bills. Many are struggling to keep up.

Detroit’s water affordability crisis is tied to the uneven distribution of stormwater management costs – a fraught history explains why
Business|Economy|Environment|Health|Political

Why Pennsylvania’s low-income residents are feeling the squeeze as gas prices rise

Cutting the state gas tax, as some have suggested, could lead to budget shortfalls down the line.

Why Pennsylvania’s low-income residents are feeling the squeeze as gas prices rise
Business|Economy|Finance|Stock Markets|World

America is in for yet another long spell of price pain

America is in for yet another long spell of price pain

America is in for yet another long spell of price pain
Economy|Environment|Science|Technology

Falling space debris poses an escalating risk as spacecraft get stronger and more heat resistant

Some engineers are prioritizing ‘design for demise’ and planning satellites that are more likely to completely burn up in Earth’s atmosphere at the end of their lifespan.

Falling space debris poses an escalating risk as spacecraft get stronger and more heat resistant
Business|Economy|Education|Opinion|Political|World

Why Trump’s call to pull 5,000 US troops from Germany will hurt America

Overseas US military bases are integral to combat operations and can burnish the country’s image to advance its foreign policy goals.

Why Trump’s call to pull 5,000 US troops from Germany will hurt America
Arts|Business|Economy|Entertainment|World

Cannes film market opens to record turnout as focus shifts to smaller films

The world's largest film market opened in Cannes this week and attracted a record number of attendees vying to buy the mostly smaller productions

Cannes film market opens to record turnout as focus shifts to smaller films
Business|Economy|Environment|Travel|World

Trump's designs on Greenland prod investment, tourism likely to pay off faster than mines

New focus on Greenland since Donald Trump declared his aim to seize it could help boost investment there, with Arctic tourism likely to pay off faster

Trump's designs on Greenland prod investment, tourism likely to pay off faster than mines
Business|Economy|US|World

Kremlin says Russia can do business with US if it stops linking trade to Ukraine

Russia is interested in joint economic projects with the United States if Washington stops linking trade ties with a peace deal on Ukraine, the Kremlin said on Wednesday.

Kremlin says Russia can do business with US if it stops linking trade to Ukraine
Business|Crime|Economy|World

Indonesia prosecutors seek 18-year prison sentence for Gojek founder in graft case

Indonesian prosecutors said on Wednesday that they were seeking an 18-year prison sentence for Nadiem Makarim, a former Indonesian education minister and co-founder of ride

Indonesia prosecutors seek 18-year prison sentence for Gojek founder in graft case
Business|Economy|Election|Political|World

Brazil's Lula, Flavio Bolsonaro deadlocked in presidential runoff poll

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro were statistically tied in a simulated runoff ahead of this year's presidential election, a

Brazil's Lula, Flavio Bolsonaro deadlocked in presidential runoff poll
Business|Economy|Environment|Europe

Mercedes Benz CEO: current EU rules have not spurred intended shift away from combustion engines

Current European Union rules such as an outright ban on internal combustion car engines in 2035 have not spurred the intended shift to electric vehicles, Mercedes Benz

Mercedes Benz CEO: current EU rules have not spurred intended shift away from combustion engines
Economy|Europe

Britain to strengthen ties with the EU in new legislation

Britain will introduce legislation to strengthen its ties with the European Union, as Prime Minister Keir Starmer prioritises mending economic relations

Britain to strengthen ties with the EU in new legislation
Economy|Environment|World

German cabinet agrees to replace green-friendly heating law

German Chancellor Friedrich Merz's cabinet agreed on Wednesday to scrap a contentious heating law and pass measures to boost long-term

German cabinet agrees to replace green-friendly heating law
Business|Economy|Environment|Health|World

Pemex confirms death of worker injured in explosion at Oaxaca refinery

A Pemex worker injured in an explosion at Oaxaca refinery in the Port of Salina Cruz died on Tuesday evening while receiving treatment en route to the hospital, Pemex said in a

Pemex confirms death of worker injured in explosion at Oaxaca refinery
Business|Economy|World

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push

The U.S. and China are expected to inch toward a managed trade mechanism for non-sensitive goods this week, with each side possibly identifying some $30

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push
Business|Economy|Science|Technology

Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at

Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals
Business|Economy|Environment|World

UAE-owned tanker leaks some fuel off Oman following Iranian strike

A unit of state-owned Abu Dhabi National Oil Company said on Wednesday that one of its tankers struck by Iranian drones last week has leaked a small amount of fuel off the

UAE-owned tanker leaks some fuel off Oman following Iranian strike
Business|Economy|Technology|World

Trump lands in China for Xi summit with Nvidia CEO in tow

President Donald Trump landed in Beijing accompanied by an entourage that included Nvidia's Jensen Huang and Elon Musk

Trump lands in China for Xi summit with Nvidia CEO in tow
Business|Economy|Finance|Stock Markets|US

JPMorgan rejigs investment bank leadership in wider overhaul

JPMorgan Chase is overhauling its investment bank leadership as part of a wider reorganization, the largest U.S. lender said on Wednesday.

JPMorgan rejigs investment bank leadership in wider overhaul
Business|Economy|Finance|Stock Markets|World

S&P 500 futures turn negative after April PPI data

S&P 500 futures turned negative on Wednesday after data showed producer prices rose more than expected in April, reinforcing expectations that the Federal Reserve will keep interest

S&P 500 futures turn negative after April PPI data
Business|Economy|Finance|Stock Markets|US

Morgan Stanley lifts S&P 500's annual target on hopes of earnings-driven rallies

Morgan Stanley raised its annual target for the benchmark S&P 500 index on Wednesday, saying U.S. stocks have enough room to rally as companies continue to post strong earnings.

Morgan Stanley lifts S&P 500's annual target on hopes of earnings-driven rallies
Business|Economy|Environment|Finance|Stock Markets|World

Airlines tackle fuel cost surge with price hikes, outlook cuts

A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter

Airlines tackle fuel cost surge with price hikes, outlook cuts
Business|Economy|Education|Finance|Political|US|World

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate

Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate
Economy|Environment|Science|Technology|World

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help
Business|Economy|Finance|World

India races to shield economy from Iran war-driven oil shock, capital stress

A sustained spike in energy prices triggered by the Iran war has clouded India's macroeconomic outlook, spurring crisis-era measures from

India races to shield economy from Iran war-driven oil shock, capital stress
Business|Economy|Finance|Political|Stock Markets

Political turmoil and inflation threat vie to push up UK borrowing costs

Intense pressure on Prime Minister Keir Starmer is driving up British government borrowing costs - but the political uncertainty is by no

Political turmoil and inflation threat vie to push up UK borrowing costs
Business|Economy|Finance|Stock Markets|World

Blackstone drops $4 billion New World deal, Bloomberg News reports

Blackstone has walked away from a proposed $4 billion tie-up with Hong Kong's New World Development after the indebted property developer refused to cede control, Bloomberg News

Blackstone drops $4 billion New World deal, Bloomberg News reports
Business|Economy|Technology|US|World

Volvo Cars open to US partnerships, CEO says

Sweden's Volvo Cars is open to cooperation with other companies in the United States as the auto maker seeks to better utilise the existing production capacity at its South

Volvo Cars open to US partnerships, CEO says
Asia|Business|Economy|World

Nissan predicts profit above $1 billion this fiscal year, modest Iran war hit

Nissan forecast more than $1 billion in profit for its fiscal year on Wednesday, predicting a relatively modest hit from the Iran war and an increasing impact from

Nissan predicts profit above $1 billion this fiscal year, modest Iran war hit
Business|Economy|Finance|Stock Markets|Technology

Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure

Individual investors who can't seem to get enough of the red-hot market for semiconductor stocks have made a five-week-old exchange-traded

Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure
Asia|Business|Economy|Technology|World

Samsung Electronics fails to reach deal with union; PM says strike must be averted

Samsung Electronics and its union failed to reach a pay deal on Wednesday, heightening the risk of a long strike that threatens not only chip

Samsung Electronics fails to reach deal with union; PM says strike must be averted
Business|Economy|Environment|Political|World

Mexico's Pemex CEO, close ally of Sheinbaum, under threat as woes mount

The future of Pemex CEO Victor Rodríguez is increasingly uncertain as the longtime ally of President Claudia Sheinbaum

Mexico's Pemex CEO, close ally of Sheinbaum, under threat as woes mount
Business|Economy|Finance|Stock Markets|Technology

Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally

A stunning run-up in shares of semiconductor companies has helped drive the U.S. stock rally, but the eye-popping gains are sparking concerns about an

Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally
Business|Economy|Finance|World

Fed alert

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices remain elevated, inflation is climbing and bond markets

Fed alert
Business|Economy|Europe|Finance|Stock Markets|World

ECB to hike rates in June and at least once more on war-led inflation spike: Reuters poll 

The European Central Bank will hike its deposit rate next month and at least once more this year to try to stop the energy price shock from the Middle

ECB to hike rates in June and at least once more on war-led inflation spike: Reuters poll 
Business|Crime|Economy|Education|Environment|Political|World

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming

Israel has escalated its attacks in Gaza in the five weeks since halting its joint bombing with the

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Business|Economy|Political|Technology|World

China criticizes US chip equipment bill in run-up to Beijing talks

China is pushing back against proposed U.S. legislation that would curb its chipmakers in the global AI race, making early moves that underscore Beijing's concerns

China criticizes US chip equipment bill in run-up to Beijing talks
Economy|Europe|Political|World

What are the main policy plans of Hungary's new government?

Hungary's new government, under Prime Minister Peter Magyar, was sworn in earlier this week, replacing Prime Minister Viktor Orban's administration after 16 years.

What are the main policy plans of Hungary's new government?
Business|Economy|Finance|World

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived

Japan's recent foreign exchange intervention may have kept the yen from sliding below the 160-per-dollar mark but it is unlikely to have a lasting effect in

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived
Business|Economy|Finance

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump

Kevin Warsh will face a key moment in his first weeks as U.S.

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump
Business|Economy|Technology|World

Walmart cuts 1,000 roles to simplify operations, source says

Walmart has eliminated 1,000 roles as the world's largest retailer simplifies its operating structure, a source familiar with the matter told Reuters.

Walmart cuts 1,000 roles to simplify operations, source says
Business|Economy|Europe|Technology|World

ECB urges banks to quickly prepare for AI-assisted cyberattacks

European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to quickly prepare for potential cyberattacks launched with the help of

ECB urges banks to quickly prepare for AI-assisted cyberattacks
Business|Economy|US

Inside the furor plaguing Democratic National Committee leader Ken Martin

Democratic National Committee Chair Ken Martin is losing the confidence of some Democratic officials, who are concerned about the direction of the party's political machine barely a year into his term

Inside the furor plaguing Democratic National Committee leader Ken Martin
Business|Economy|Technology|World

Japanese automaker Nissan reduces losses and expects to return to profit

Japanese automaker Nissan says it reduced losses for the fiscal year through March

Japanese automaker Nissan reduces losses and expects to return to profit
Arts|Business|Economy|Education|Entertainment|Lifestyle|Technology

Seeking free money advice from AI? Don’t be so quick to upload any financial statements

Seeking free money advice from AI? Don’t be so quick to upload any financial statements

Seeking free money advice from AI? Don’t be so quick to upload any financial statements
Business|Economy|Finance|Stock Markets|World

Japanese investors sell foreign stocks in April as energy costs rise

Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader

Japanese investors sell foreign stocks in April as energy costs rise
Business|Economy|Europe|World

Iran war pushes German wholesale price inflation to three-year high

German wholesale prices climbed to a three-year high of 6.3% in April as the Iran war pushed up the prices of energy and raw materials,

Iran war pushes German wholesale price inflation to three-year high
Business|Economy|Technology|World

BYD in talks with Stellantis, others for Europe plants, Bloomberg News reports

BYD is negotiating with Stellantis and other European car makers to take over underused factories in the region, Bloomberg News reported on Wednesday, citing the Chinese company's

BYD in talks with Stellantis, others for Europe plants, Bloomberg News reports
Business|Economy|Technology|World

SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported on Wednesday that its net profit more than tripled to 1.83 trillion yen ($11.60 billion) in the January-March

SoftBank profit more than triples to $12 billion on OpenAI stake gains
Business|Economy|Technology

South Korea has room for active fiscal spending thanks to AI boom, Fitch says

South Korea has room to use fiscal policy to mitigate the economic impact of the Middle East conflict, thanks to an artificial intelligence boom, credit ratings

South Korea has room for active fiscal spending thanks to AI boom, Fitch says
Business|Economy|Political|World

US Treasury's Bessent, China's He wrap up S. Korea talks ahead of Trump-Xi summit

U.S.

US Treasury's Bessent, China's He wrap up S. Korea talks ahead of Trump-Xi summit
Business|Economy|Europe|Finance|World

Volkswagen controlling families demand overhaul after dent to profit

Volkswagen's controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company's ongoing

Volkswagen controlling families demand overhaul after dent to profit
Economy|Environment|World

India's Modi cuts size of his motorcade to save fuel, source says

Indian Prime Minister Narendra Modi has "significantly" cut the size of his motorcade to save fuel, a government source said on Wednesday, days after he urged citizens to

India's Modi cuts size of his motorcade to save fuel, source says
Business|Economy|Finance|Stock Markets|US|World

UBS delays Fed rate cuts on inflation concerns, as jobs stay resilient

UBS Global Wealth Management joined a wave of brokerages in pushing back their U.S. monetary policy easing forecasts, citing persistent inflation and resilience in the labor market

UBS delays Fed rate cuts on inflation concerns, as jobs stay resilient
Asia|Business|Economy|Finance|Stock Markets|Technology

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments
Business|Economy|Finance|Technology

US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion

Defense technology start-up Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion.

US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion
Economy|Environment|Europe|Technology|Travel|World

Helsinki's costly cycling push draws crowds - and criticism

Finland's capital Helsinki has spent billions of euros on public transport and bicycle lanes — and plans more — despite mixed reactions from residents.

Helsinki's costly cycling push draws crowds - and criticism
Business|Economy|Technology|World

Locked in a stalemate with Iran, Trump heads to China

A look at the day ahead in European and global markets from Gregor Stuart Hunter With the conflict in the Middle East still mired in a stalemate, Donald Trump is on his way to Beijing to see if

Locked in a stalemate with Iran, Trump heads to China
Business|Economy|Political|World

Iran war to cast a shadow on BRICS foreign ministers meeting in Delhi

The U.S.-Israeli war on Iran is set to cast a shadow over a two-day meeting of the foreign ministers of the BRICS grouping that kicks

Iran war to cast a shadow on BRICS foreign ministers meeting in Delhi
Business|Economy|Europe|World

French unemployment rate rises to 8.1%, highest since 2021

France's unemployment rate rose to 8.1% in the first quarter of 2026, its highest since 2021, the INSEE statistics agency reported on Wednesday, though it was still lower

French unemployment rate rises to 8.1%, highest since 2021
Economy|Europe|World

French inflation confirmed at 2.5% in April, highest since July 2024

EU-harmonised consumer prices in France rose 2.5% year-on-year in April, statistics office INSEE said on Wednesday, confirming a preliminary reading published late last month and

French inflation confirmed at 2.5% in April, highest since July 2024
Business|Economy|Europe

Siemens orders rise more than expected despite Iranian war tension

Siemens' orders rose more than expected in the first three months of the year, although its sales and profits slipped behind forecast and the Iran war has

Siemens orders rise more than expected despite Iranian war tension
Economy|US|World

Russia's Lavrov says 'nothing is happening' with US-Russia relations

Russian Foreign Minister Sergei Lavrov said on Wednesday that many positive things were being said about the enormous potential of U.S.-Russia relations, but that in reality

Russia's Lavrov says 'nothing is happening' with US-Russia relations
Business|Economy|Finance|World

Thai growth likely to top 3% over next 1-2 years on new investments, minister says

Thailand's finance minister said on Wednesday that he expects growth to top 3% over the next one to two years, boosted by new investments, with the central bank also

Thai growth likely to top 3% over next 1-2 years on new investments, minister says
Australia|Business|Economy|Finance|Stock Markets|World

Australia's CBA shares slump on tax changes, provisions; lenders fall

Australia's largest lender, Commonwealth Bank of Australia (CBA) lost nearly A$30 billion ($21.7 billion) in value as its shares slid on

Australia's CBA shares slump on tax changes, provisions; lenders fall