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

Economy

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
Australia|Economy|World

Albanese takes a gamble on Australia’s housing obsession by cutting investor tax breaks

Australian Prime Minister Anthony Albanese’s move to wind back tax breaks for property investors has been

Albanese takes a gamble on Australia’s housing obsession by cutting investor tax breaks
Business|Economy|Technology|World

Nvidia CEO joins Trump for China trip, spurring hopes for H200 deal

Nvidia CEO Jensen Huang will join President Donald Trump during his visit to Beijing, igniting hopes in China that the

Nvidia CEO joins Trump for China trip, spurring hopes for H200 deal
Business|Economy|Finance|Technology|World

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says

Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, in about two weeks, a person

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says
Business|Economy|World

Mainland Chinese snap up Hong Kong homes in April, most in 2 years

The number of Hong Kong homes bought by mainland Chinese surged 48% in April from the previous month to a two-year high, data from property agent Midland Realty showed,

Mainland Chinese snap up Hong Kong homes in April, most in 2 years
Business|Economy|Environment|World

China's fishing fleet raises concerns off Argentina

On a balmy January night, an Argentine coast guard ship’s radio picked up garbled Mandarin broadcast from nearby boats. 

China's fishing fleet raises concerns off Argentina
Business|Economy|Finance|Stock Markets|World

Dollar at one-week high on Middle East uncertainty, hot US inflation

The dollar held near a one-week high on Wednesday on renewed uncertainty in the Middle East and as traders digested a hotter-than-expected

Dollar at one-week high on Middle East uncertainty, hot US inflation
Arts|Business|Economy|Education|Environment|Finance|Science|Technology|World

US tariff whiplash pushed toy factory in China to brink of collapse

Had the United States kept tariffs on Chinese imports at triple digits for just one more day last year, Huntar Company would have collapsed, said David

US tariff whiplash pushed toy factory in China to brink of collapse
Asia|Business|Economy|Environment|World

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply

The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply
Business|Economy|Environment|Science|Technology|World

Trump, Xi to weigh rare earth truce extension, but China's curbs still bite

China and the U.S. are considering extending a truce on Chinese rare earth export curbs at a leaders' summit

Trump, Xi to weigh rare earth truce extension, but China's curbs still bite
Business|Economy|Finance|Political|Stock Markets|US|World

As Trump heads to China, past US flubs on US policy toward Taiwan can be a warning

American presidents have navigated a verbal tightrope for nearly 50 years regarding official U.S. policy toward Taiwan and China

As Trump heads to China, past US flubs on US policy toward Taiwan can be a warning
Business|Economy|Environment|World

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows

The trading arm of Vietnam's state oil company

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows
Business|Economy|World

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit

U.S.

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit
Business|Economy|Finance|Stock Markets|World

OECD sees Japan raising interest rates to 2% by end-2027

The Bank of Japan is projected to raise its short-term policy rate to 2% from 0.75% currently by the end of 2027, as robust domestic demand will help the

OECD sees Japan raising interest rates to 2% by end-2027
Australia|Business|Economy|World

Australia wages growth slows in Q1, led by private sector

Australian wages rose at a moderate pace in the first quarter as annual growth in the private sector slowed to the lowest in almost four years, data showed on Wednesday.

Australia wages growth slows in Q1, led by private sector
Asia|Business|Economy|Political|Travel|World

At Temple of Heaven summit, Trump and Xi will seek a good harvest

Chinese emperors once prayed for bumper crops under the blue-tiled, triple-eaved roof of Beijing's Hall of Prayer for Good Harvests, in sacred rites

At Temple of Heaven summit, Trump and Xi will seek a good harvest
Economy|Political|US|World

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

U.S.

Trump says stopping Iran's nuclear program outweighs Americans' economic pain
Business|Economy|Health|Technology|World

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO

Emergency medical ‌services provider GMR Solutions has raised $478.7 million in its U.S. initial public offering, the company said on Tuesday, after selling 31.9 million shares at $

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO
Australia|Business|Economy|World

Trump Organization drops plan for first Australian skyscraper, blames partner

The Trump Organization said on Wednesday it abandoned a plan to build its first tower in Australia less than three months after signing the deal, citing an Australian

Trump Organization drops plan for first Australian skyscraper, blames partner
Business|Economy|Technology|World

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
Business|Economy|Political|World

NZ trims new spending, sticks to surplus path as global risks heighten

New Zealand will keep a tight rein on day-to-day spending in this year's budget while increasing capital investment to strengthen

NZ trims new spending, sticks to surplus path as global risks heighten
Business|Economy|Environment|Finance|World

Incoming BHP CEO to consider bolt-on acquisitions for growth

Incoming BHP CEO Brandon Craig will focus on securing growth options beyond 2035 by ramping up exploration, partnering with peers and making bolt-on acquisitions where

Incoming BHP CEO to consider bolt-on acquisitions for growth
Economy|Education|Political|World

Mass protests in Argentina decry Milei's funding cuts to prized public universities

Tens of thousands of Argentines were flooding the streets of major cities nationwide to protest funding cuts by libertarian President Javier Milei to the public university system — a near-universal point of pride in this crisis-prone country

Mass protests in Argentina decry Milei's funding cuts to prized public universities
Business|Economy|Political|US|World

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director
Economy|Political|Travel|World

In diplomacy, pomp and protocol matter, especially when Trump goes to China

President Donald Trump's visit to Beijing is drawing attention for the spectacle China might present

In diplomacy, pomp and protocol matter, especially when Trump goes to China
Business|Economy|Education|Political|World

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court

President Donald Trump's efforts to reshape U.S. House districts have seen mixed outcomes

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court
Business|Economy|Environment|Science|Technology|World

Global EV demand rises for second month, data shows

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-

Global EV demand rises for second month, data shows
Business|Economy|Finance|Political|World

Brazil's Lula scraps tax on imports under $50 before election

Brazil's President Luiz Inacio Lula da Silva on Tuesday signed an executive order to eliminate federal taxes on foreign purchases worth up to $50, reversing course on a

Brazil's Lula scraps tax on imports under $50 before election
Americas|Crime|Economy|Political|World

New gang violence in Haiti displaces hundreds of people

A new wave of gang violence in Haiti has forced hundreds of people to flee their homes, leaving them scattered along a road near the main airport

New gang violence in Haiti displaces hundreds of people
Business|Economy|Political|World

Florida plans to close 'Alligator Alcatraz' migrant detention center, New York Times reports

Florida intends to shut down the controversial federal migrant detention center known as "Alligator Alcatraz", the New York Times

Florida plans to close 'Alligator Alcatraz' migrant detention center, New York Times reports
Business|Economy|Environment|Science|Technology

GM-LG's restart date at Ohio battery plant uncertain

A General Motors joint-venture battery company is bringing a small number of workers back to an idled electric-vehicle battery factory in Ohio this month, although

GM-LG's restart date at Ohio battery plant uncertain
Business|Economy|Finance|Stock Markets|World

Trading Day: Inflation up, chips down

The S&P 500 and Nasdaq fell on Tuesday, dragged down by a sharp decline in semiconductors, while sentiment was also rattled by rebounding oil

Trading Day: Inflation up, chips down
Americas|Business|Economy|Finance|Stock Markets|World

JBS posts 56% drop in Q1 net profit amid challenges in North American operations

Brazil's JBS, the world's largest meatpacker, posted a 56% decline in its first-quarter net profit on Tuesday, missing market

JBS posts 56% drop in Q1 net profit amid challenges in North American operations
Business|Economy|Europe|World

ECB's Nagel sees rate hikes increasingly likely: Handelsblatt

European Central Bank interest rate hikes are becoming increasingly likely, unless there is a fundamental change in the inflation outlook, Bundesbank President Joachim

ECB's Nagel sees rate hikes increasingly likely: Handelsblatt
Business|Economy|Travel

US plans $22 billion rebuilding of Washington Dulles airport

U.S. Transportation Secretary Sean Duffy said on Tuesday that the federal government plans a $22 billion rebuilding of Washington Dulles airport.

US plans $22 billion rebuilding of Washington Dulles airport
Business|Economy|Science|Technology

Ananym urges BWX Technologies to commercialize reactor design, says shares could double

Activist investor Ananym Capital Management sees room for BWX Technologies' stock to double in coming years if the defense and energy company

Ananym urges BWX Technologies to commercialize reactor design, says shares could double
Business|Economy|World

S&P revises Mexico's outlook to 'negative' on debt, growth concerns

Credit ratings agency S&P on Tuesday revised Mexico's outlook to "negative" from "stable", citing the risk of very slow fiscal consolidation largely due to weak economic growth that

S&P revises Mexico's outlook to 'negative' on debt, growth concerns
Business|Economy|Environment|Science|Technology|US

US considers financing billions of dollars for nuclear plant parts, industry group says

The U.S.

US considers financing billions of dollars for nuclear plant parts, industry group says
Business|Economy|Environment|World

Union says BP delaying negotiations following Whiting refinery lockout

BP has not resumed contract talks with a U.S. steelworkers’ union since locking out more than 800 workers at its Whiting, Indiana, refinery in March, the union said on Tuesday,

Union says BP delaying negotiations following Whiting refinery lockout
Economy|Health|Political|World

The Latest: Trump departs for high-stakes China summit as Iran war looms

President Donald Trump has departed for Beijing to meet with China's President Xi Jinping

The Latest: Trump departs for high-stakes China summit as Iran war looms
Business|Economy|Entertainment|Finance|Sports

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration

Negotiators for baseball players and owners have begun what figures to be lengthy and acrimonious collective bargaining negotiations to replace their labor contract that expires Dec. 1, with management likely to propose a salary cap system the union has vowed never to accept

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration
Asia|Business|Economy|Political|US|World

Trump says he does not need China's help to end Iran war, Tehran tightens grip on Hormuz

U.S.

Trump says he does not need China's help to end Iran war, Tehran tightens grip on Hormuz
Business|Economy|Finance|Stock Markets|US

Jack Daniel's maker rejects $15 billion buyout offer from rival Sazerac, source says

Brown-Forman has rejected a $32-per-share cash takeover offer from U.S. spirits maker Sazerac, according to a source familiar with the matter, weeks after

Jack Daniel's maker rejects $15 billion buyout offer from rival Sazerac, source says
Business|Economy|Technology

OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial

OpenAI Chief Executive Sam Altman on Tuesday rejected Elon Musk's claim that he betrayed the ChatGPT

OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial
Business|Economy|Finance|Political|US|World

US consumer finance agency to bring staff back to office year after closure

Leadership at the U.S. consumer finance watchdog plans to recall staff to the office more than a year after the Trump administration shuttered its

US consumer finance agency to bring staff back to office year after closure
Business|Economy|Entertainment|Science|Technology

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk

OpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk
Arts|Business|Economy|Entertainment|Lifestyle|Sports|Travel|World

30 days out, Los Angeles is ready for the World Cup. The playing surface? Not just yet

Los Angeles is ready with transportation and food for the World Cup, but the playing surface isn't set yet

30 days out, Los Angeles is ready for the World Cup. The playing surface? Not just yet
Business|Economy|Environment

Residents worry about impacts after Fort Smith chemical spill kills fish downstream

Residents worry about impacts after Fort Smith chemical spill kills fish downstream

Residents worry about impacts after Fort Smith chemical spill kills fish downstream
Business|Economy|Finance|World

Wall Street's record-setting run halts as AI stocks slump and oil prices rise

A sudden halt for technology stocks put the brakes on Wall Street's record-setting run

Wall Street's record-setting run halts as AI stocks slump and oil prices rise
Business|Crime|Economy|Environment|Science|Technology|World

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast
Business|Crime|Economy|Finance|Science|Stock Markets|Technology|US

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial
Business|Economy|Food|Interview

Food truck feels the pinch from rising gas and food prices

Anabel Martinez, the owner of Eagles Tacos in Los Angeles, says her food truck business has taken a huge hit from the fluctuations in fuel and food prices since the beginning of the war in Iran. CNN’s Julia Vargas Jones speaks to Martinez about how she has been handling the economic turmoil and how she feels about the war.

Food truck feels the pinch from rising gas and food prices
Business|Economy|Environment|Lifestyle|Technology

Amazon looks to redefine a need for speed with 30-minute deliveries

Amazon is rapidly opening store-sized delivery hubs in dozens of U.S. and foreign cities to fulfill customers’ most urgent product needs in 30 minutes or less

Amazon looks to redefine a need for speed with 30-minute deliveries
Business|Economy|Education|Environment|Europe|Health|Political

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?
Business|Economy|World

US appeals court pauses ruling against Trump's 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the

US appeals court pauses ruling against Trump's 10% global tariff
Business|Economy|Finance|Political|Stock Markets|US

US has finalized tariff refunds of $35.5 billion as of May 11

The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal,

US has finalized tariff refunds of $35.5 billion as of May 11
Business|Economy|Finance|Stock Markets|Technology|US|World

What is in the US Senate's landmark crypto bill?

The U.S.

What is in the US Senate's landmark crypto bill?
Business|Economy|Finance|US|World

Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday

The U.S.

Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says end of war in Ukraine is very close

President Donald Trump said on Tuesday that the war in Ukraine is very close to ending and he believes there will be a settlement between Russia and Ukraine.

Trump says end of war in Ukraine is very close
Business|Economy|Europe|World

French economy resilient but Iran crisis weighs, central bank says in monthly report

French companies have so far absorbed the shock from the conflict in the Middle East, but pervasive uncertainty and higher energy costs are beginning to test the economy's

French economy resilient but Iran crisis weighs, central bank says in monthly report
Business|Economy|Environment|Political|World

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control
Business|Economy|Finance|Stock Markets

Blue Owl retail private credit fund inflows shrink amid investor nerves

Blue Owl has seen a 95% drop in new investments at its biggest credit fund for retail investors, according to a regulatory filing, as direct lending came under rising scrutiny.

Blue Owl retail private credit fund inflows shrink amid investor nerves
Economy|Environment|MidEast|Political|World

China and US agree on opposing Hormuz tolls, State Department says

Senior U.S. and Chinese officials agree that no country can be allowed to exact shipping tolls in the Strait of Hormuz, the State Department told

China and US agree on opposing Hormuz tolls, State Department says
Business|Economy|Political|US|World

PayPal to waive $30 million in fees to settle DOJ probe of minority business program

The U.S.

PayPal to waive $30 million in fees to settle DOJ probe of minority business program
Business|Economy|Environment

Oil settles higher as hopes of peace in the Middle East dwindle

Oil prices settled higher for the third consecutive session on Tuesday as stark differences between the U.S. and Iran over a proposal to end the war in the

Oil settles higher as hopes of peace in the Middle East dwindle
Business|Economy|World

Stung by Iran war, Trump heads to China in need of wins

A year ago, U.S.

Stung by Iran war, Trump heads to China in need of wins
Business|Economy

US tariff refunds start rolling out as Oshkosh, Basic Fun report receiving payments

Heavy-truck maker Oshkosh Corp and toy maker Basic Fun on Tuesday both said they had received partial payments of the refunds they had sought of the import tariffs

US tariff refunds start rolling out as Oshkosh, Basic Fun report receiving payments
Business|Crime|Economy|Finance|Stock Markets|US

Andrew Left accused of scaring retail investors as his LA trial gets under way 

U.S. prosecutors cast prominent short seller Andrew Left as an opportunist who profited by scaring retail investors, while his defense said Left

Andrew Left accused of scaring retail investors as his LA trial gets under way 
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq end lower as inflation, Iran tensions weigh

The S&P 500 and the Nasdaq closed lower on Tuesday, easing from record highs as hotter-than-expected inflation data and an increasingly

S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
Business|Economy|Finance|Political|Stock Markets

US posts smaller budget surplus in April as tax refunds rise

The U.S. government posted a smaller $215 billion budget surplus in April due to bigger tax refunds this year and rising outlays, including higher

US posts smaller budget surplus in April as tax refunds rise
Business|Economy|Political|US|World

Trump promises US-Cuba talks but gives no details

President Donald Trump said on Tuesday Cuba is asking for help and "we are going to talk," without providing any more information about U.S. plans. 

Trump promises US-Cuba talks but gives no details
Business|Economy|Political|US|World

Trump says he doesn't need Xi's help on Iran

U.S.

Trump says he doesn't need Xi's help on Iran
Business|Economy|Education|Environment|Political

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park
Business|Economy|Environment|Political|World

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit

President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit
Economy|Finance|MidEast|Political|US|World

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game

Defense Secretary Pete Hegseth has faced tough questions from Republican and Democratic lawmakers about the Trump administration’s end game for the Iran war, the rising cost of the conflict and its impact on diminishing U.S. weapons stockpiles

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game
Business|Crime|Economy|Environment|US

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say
Business|Crime|Economy|Environment

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge

Prosecutors have filed criminal charges against the operator of the ship that crashed into Baltimore’s Francis Scott Key Bridge in March 2024 leading to the deaths of six construction workers

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge
Asia|Business|Economy|Europe|Finance|Stock Markets|World

World markets feel the strain as US–Iran war grinds on

From a rout in Asian currencies to the closure of a low budget

World markets feel the strain as US–Iran war grinds on
Business|Economy|Europe|Finance|Political|Stock Markets|US|World

Who are the 'bond vigilantes' exacting a price from Britain's government?

Britain's long-dated government borrowing costs have surged to their highest since 1998 as concern that a potential change in leadership could weaken

Who are the 'bond vigilantes' exacting a price from Britain's government?
Economy|Europe|MidEast|Political|World

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz

Britain said on Tuesday it would contribute autonomous mine-hunting equipment, Typhoon fighter jets and the warship HMS Dragon to a multinational defensive mission aimed at

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz
Business|Economy|Environment|World

US EIA concedes Middle East supply disruptions are far worse than prior estimates

The U.S.

US EIA concedes Middle East supply disruptions are far worse than prior estimates
Business|Economy|Environment|Science|Technology

Lobbying battle intensifies as E15 ethanol bill nears US vote

Biofuel advocates are making a last-minute push to convince House lawmakers to approve year-round sales of gasoline blended with

Lobbying battle intensifies as E15 ethanol bill nears US vote
Business|Economy|Europe|Political|World

Less than two years after landslide, unloved Starmer battles to save his job

Keir Starmer was once hailed as the leader who would bring pragmatism and stability to Britain after years of political chaos.

Less than two years after landslide, unloved Starmer battles to save his job
Business|Economy|Science|Technology

Google in talks with SpaceX for Suncatcher orbital data center project

Alphabet's Google on Tuesday said it has been in discussions with Elon Musk's SpaceX and others regarding future launches for its Project Suncatcher, an orbital data center project.

Google in talks with SpaceX for Suncatcher orbital data center project
Business|Economy|Finance|Stock Markets|US|World

US annual consumer inflation posts largest gain in three years as prices increase broadly

U.S. consumer inflation increased further in April, with the annual rate posting its largest gain in three years, heightening political risks for

US annual consumer inflation posts largest gain in three years as prices increase broadly
Business|Economy|Finance|Stock Markets|World

Fed's Goolsbee says latest inflation read was disappointing

Chicago Federal Reserve President Austan Goolsbee said on Tuesday that the government's report showing accelerating consumer inflation last month was unexpectedly

Fed's Goolsbee says latest inflation read was disappointing
Economy|Europe|Political

Hungary PM Magyar targets new economic model, gives key ministers veto over legislation

Hungary's new prime minister, Peter Magyar, on Tuesday gave veto powers over legislation to four ministers including Finance Minister Andras Karman, who

Hungary PM Magyar targets new economic model, gives key ministers veto over legislation
Business|Economy|Travel|World

United Airlines' flight attendants ratify deal for 31% wage hike, boarding pay

United Airlines' flight attendants voted to ratify a new five-year labor contract that bumps up base pay by nearly a third and includes boarding pay, the union representing them

United Airlines' flight attendants ratify deal for 31% wage hike, boarding pay
Business|Economy|Finance|Health|Stock Markets

KKR-backed ambulance giant GMR slashes US IPO valuation target to $3.3 billion

Emergency medical ‌services provider GMR Solutions on Tuesday slashed the valuation target of its U.S. initial public offering to about $3.3 billion from $5 billion, as investors

KKR-backed ambulance giant GMR slashes US IPO valuation target to $3.3 billion
Business|Economy|Finance|Opinion

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

Kevin Warsh has come under scrutiny for his ties to finance, but that background may also bolster more independence once he’s confirmed as Federal Reserve chairman.

Why Kevin Warsh might still prove to be an independent Federal Reserve chair
Business|Economy|Environment|Food|Lifestyle

Peach growers struggle after Del Monte cannery closure

Peach growers struggle after Del Monte cannery closure

Peach growers struggle after Del Monte cannery closure
Business|Economy|Environment|Health|Lifestyle|Science

Outdoor workers already battling triple-digit heat before summer officially begins

Outdoor workers already battling triple-digit heat before summer officially begins

Outdoor workers already battling triple-digit heat before summer officially begins
Business|Economy|World

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US

U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
Business|Economy|Entertainment|Health|Interview|Lifestyle

High gas prices take a rough toll on food truck owner

High gas prices take a rough toll on food truck owner

High gas prices take a rough toll on food truck owner
Business|Economy|Technology

Anthropic's Mythos sends US banks rushing to plug cyber holes

U.S. banks are rushing to fix scores of IT system weaknesses flagged by Anthropic’s powerful but

Anthropic's Mythos sends US banks rushing to plug cyber holes
Business|Economy|Finance|World

Argentina's country risk falls steadily, fueling debate on return to capital markets

Argentina's country risk hit its lowest level since the beginning of February as confidence in the government's ability to pay back

Argentina's country risk falls steadily, fueling debate on return to capital markets
Business|Economy|Finance|Stock Markets|US

April CPI rises more than expected; bond yields climb

U.S. consumer prices rose at a brisk clip for a second straight month in April, posting the largest

April CPI rises more than expected; bond yields climb
Business|Economy|Finance|Stock Markets|Technology|US|World

Boeing's new order bookings surge in April

Boeing booked 135 net new orders in April, nearly matching its total in the first three months of the year, the company said on Tuesday.

Boeing's new order bookings surge in April
Business|Economy|Environment|Europe

Eni explores potential LNG assets deal with big funds, sources say

Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in

Eni explores potential LNG assets deal with big funds, sources say
Business|Crime|Economy|Environment|US

US indicts two foreign operators, individual in 2024 collapse of Baltimore Key Bridge

The U.S.

US indicts two foreign operators, individual in 2024 collapse of Baltimore Key Bridge
Business|Economy|Technology|World

US CEOs seek China business gains from Trump-Xi summit

From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this

US CEOs seek China business gains from Trump-Xi summit
Business|Economy|Europe|Technology|World

Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline

European satellite operator Eutelsat on Tuesday reported third-quarter revenue broadly in line with market expectations, as growth in its low Earth orbit

Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline
Business|Economy|Education|Finance

New York Fed finds ongoing student loan woes in first quarter

By Michael S.

New York Fed finds ongoing student loan woes in first quarter
Business|Economy|Election|Finance|Political|Stock Markets|World

Peru's Fujimori and Sanchez lead presidential runoff race as count enters final stretch

Conservative Keiko Fujimori and leftist Roberto Sanchez are leading the vote count in the final stretch of Peru's first-round April presidential election, with

Peru's Fujimori and Sanchez lead presidential runoff race as count enters final stretch
Business|Economy|Finance|Stock Markets

Private credit funds mark investment values lower, filings show

Some private credit funds marked the values of their investments significantly lower in the first quarter, their filings show, highlighting the pressure

Private credit funds mark investment values lower, filings show
Business|Economy|Sports|Travel

US hotel operators say promised boon from hosting World Cup hasn’t materialized yet

U.S. hotels say the promised economic boon from the World Cup hasn’t materialized yet for them

US hotel operators say promised boon from hosting World Cup hasn’t materialized yet
Business|Economy|Finance|Stock Markets|US

US credit markets defy war risks as cash drives rally

U.S. corporate bond markets are on a roll, with investment-grade credit spreads tightening, issuance rising and solid-looking economic

US credit markets defy war risks as cash drives rally
Business|Economy|Finance|Stock Markets|World

Stocks fall, oil rallies as Middle East peace hopes fade

Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third

Stocks fall, oil rallies as Middle East peace hopes fade
Arts|Business|Economy|Food|World

US tariffs weigh on world wine trade in 2025 while consumption slips to new low

U.S. tariffs contributed to a further decline in global wine trade last year while consumption remained at its lowest in over 60 years as economic pressures

US tariffs weigh on world wine trade in 2025 while consumption slips to new low
Business|Economy|Environment|Science|Technology|World

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas

Suspending the federal gas tax, which would require Congress to agree, would drop gas prices only about 4% – less in high-cost states like California.

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas
Business|Economy|Finance|Stock Markets|US

US inflation rose to 3.8% in April, eroding Americans’ paychecks

US inflation rose to 3.8% in April, eroding Americans’ paychecks

US inflation rose to 3.8% in April, eroding Americans’ paychecks
Economy|Health|Political|Science|Technology|World

Small study hints that revving up immune cells might help fight HIV

Scientists are supercharging patients' own immune cells to try to fight HIV without today's drugs

Small study hints that revving up immune cells might help fight HIV
Economy|Finance|Political|US|World

US war in Iran has cost $29 billion so far, Pentagon says

The United States' war in Iran has ​cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last

US war in Iran has cost $29 billion so far, Pentagon says
Business|Crime|Economy|US|World

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse
Business|Economy|Election|World

Bahamas prime minister Philip Davis reelected in early poll

Bahamian Prime Minister Philip Davis and his ruling Progressive Liberal Party (PLP) were reelected on Tuesday, making him the first leader to serve a second

Bahamas prime minister Philip Davis reelected in early poll
Business|Economy|Finance|Stock Markets|US|World

What to expect in 2026: Brokerage forecasts for S&P 500, global GDP

Top brokerages expect the benchmark S&P 500 index to extend its rally in 2026, even as Middle East tensions disrupt global energy flows and drive inflation higher.

What to expect in 2026: Brokerage forecasts for S&P 500, global GDP
Economy|Europe|Political|World

UK's Starmer defies calls to quit, says he's getting on with governing

Prime Minister Keir Starmer defied calls to resign on Tuesday, telling ministers he would get on with governing despite

UK's Starmer defies calls to quit, says he's getting on with governing
Business|Economy|Environment|Europe|Technology

Tesla ups investment in boost to Berlin battery cell production

U.S. electric vehicle maker Tesla will increase its investment in battery cell production at its plant outside Berlin by almost $250 million, boosting its capacity target

Tesla ups investment in boost to Berlin battery cell production
Business|Economy|Finance|Stock Markets|US

Peltz's Trian seeks funding for Wendy's take-private bid, FT reports

Activist investor Nelson Peltz's Trian Fund Management is exploring investor backing for a potential bid to take fast-food chain Wendy's private, the Financial Times reported on

Peltz's Trian seeks funding for Wendy's take-private bid, FT reports
Business|Economy|Political|World

Kremlin plays down Russian economic forecast downgrades

The Kremlin played down a government economic growth forecast downgrade on Tuesday and gave no indication that it plans to punish

Kremlin plays down Russian economic forecast downgrades
Business|Economy|Finance|World

Dollar rises after hot inflation data, Iran ceasefire eyed

The U.S. dollar climbed for a second straight session on Tuesday, after U.S. economic data showed inflation continued to increase, while uncertainty

Dollar rises after hot inflation data, Iran ceasefire eyed
Business|Economy|Entertainment|Fashion and Beauty|Sports|Technology

Zendaya effect helps sportswear maker On lift 2026 profit margin goal

Sportswear brand On raised its profit margin forecast on Tuesday after strong first-quarter sales, as the Swiss company continues to gain ground

Zendaya effect helps sportswear maker On lift 2026 profit margin goal
Business|Economy|Finance|World

Morgan Stanley joins as primary dealer in Israeli bond market

Morgan Stanley has become the 13th bank to join the primary dealer programme for Israeli government bonds, the Finance Ministry said on Tuesday, calling it a sign of

Morgan Stanley joins as primary dealer in Israeli bond market
Business|Economy|Finance|Health|Stock Markets|Technology

Hims & Hers plunges as branded weight-loss drug pivot hits results

Shares of Hims & Hers Health fell 11% on Tuesday after the telehealth company's pivot to branded weight-loss drugs drove up costs and led to a surprise loss in

Hims & Hers plunges as branded weight-loss drug pivot hits results
Economy|World

UAE sees rapidly growing trade with Syria, as ties warm

Trade between the United Arab Emirates and Syria more than doubled in 2025 and has further to grow, a UAE minister said on Tuesday, addressing a Damascus

UAE sees rapidly growing trade with Syria, as ties warm
Business|Economy|Food|US

Trump administration 'fine-tuning' actions to ease US beef shortages, White House says

The Trump administration is "fine-tuning" potential presidential executive orders aimed at reducing domestic beef prices, a White House official said on Tuesday after a

Trump administration 'fine-tuning' actions to ease US beef shortages, White House says
Business|Economy|Europe|Lifestyle|Travel|World

What is the Schengen Shuffle and who’s doing it?

What is the Schengen Shuffle and who’s doing it?

What is the Schengen Shuffle and who’s doing it?
Business|Economy|Education|Entertainment|Sports

College Sports Commission wins key NIL arbitration in case brought by Nebraska football players

An arbitrator ruled in favor of the College Sports Commission in a case brought on behalf of Nebraska football players that is viewed as a key test for the new entity in charge of approving third-party name-image-likeness deals in college sports

College Sports Commission wins key NIL arbitration in case brought by Nebraska football players
Business|Crime|Economy|Europe|World

Ukraine officials say Zelenskyy's ex-chief of staff is a suspect in a money-laundering probe

Two national agencies fighting corruption in Ukraine have named Ukrainian President Volodymyr Zelenskyy’s former chief of staff as an official suspect in a major graft investigation

Ukraine officials say Zelenskyy's ex-chief of staff is a suspect in a money-laundering probe
Business|Economy|World

India inflation remains modest in April at 3.48% but energy risks grow

India's retail inflation rose marginally to 3.48% in April, driven by dearer food prices, government data showed on Tuesday,

India inflation remains modest in April at 3.48% but energy risks grow
Business|Economy|Europe|Technology|World

Stellantis CEO says partnerships will be part of future strategy

Stellantis Chief Executive Antonio Filosa said on Tuesday partnerships would be a key part of the automaker's future strategy, as it prepares to present a new multi-year

Stellantis CEO says partnerships will be part of future strategy
Asia|Business|Economy|Finance|World

Taiwan president thanks US for help in strengthening defences

Taiwan President Lai Ching-te on Tuesday expressed his thanks to the U.S. for its help in strengthening the island's defences and said Taipei would not give in to

Taiwan president thanks US for help in strengthening defences
Business|Economy|Finance|Stock Markets|Technology

Trading platform eToro beats quarterly profit estimates on commodities strength

EToro topped Wall Street expectations for first-quarter profit on Tuesday, driven by a strong surge in commodities trading activity.

Trading platform eToro beats quarterly profit estimates on commodities strength
Business|Economy|Europe|Finance|Stock Markets|World

Private credit funds slash loan values as borrower stress rises

Private credit funds have marked down more than a tenth of their loans by at least 50%, new data from

Private credit funds slash loan values as borrower stress rises
Arts|Economy|Environment|Science|Technology

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months

Opponents of guaranteed-income programs often argue that recipients will simply take the money and be less motivated to do any work whatsoever.

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months
Business|Economy|World

Brazil's April inflation matches forecasts despite growing external risks

Brazil's inflation was in line with market expectations in April, official data showed on Tuesday, with the 12-month rate remaining within the central bank's target range

Brazil's April inflation matches forecasts despite growing external risks
Business|Economy|Finance|Sports|Stock Markets

Under Armour sees another weak year as North America struggles, shares slump

Under Armour forecast another annual revenue decline and expects profit well below estimates on Tuesday, as weakness in its key North American market weighs on

Under Armour sees another weak year as North America struggles, shares slump
Business|Economy|Finance|Stock Markets|Technology

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'

EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
Africa|Economy|World

Uganda's President Museveni sworn in for seventh term

Ugandan President Yoweri Museveni was sworn in on Tuesday for a seventh term, extending his rule in the east African country into a fifth decade. 

Uganda's President Museveni sworn in for seventh term
Business|Economy|Finance|Stock Markets|US

US stock futures hold losses after April inflation data

U.S. stock index futures held on to their losses on Tuesday as investors assessed April inflation data and its impact on the Federal Reserve's monetary policy path.

US stock futures hold losses after April inflation data
Business|Economy|Finance|Lifestyle

‘My life is not affordable. No one cares’

‘My life is not affordable. No one cares’

‘My life is not affordable. No one cares’
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Online seller eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.”

Online seller eBay rejects GameStop's $56 billion takeover offer
Business|Economy|Political|World

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says

Iran has expanded its definition of the Strait of Hormuz into a "vast operational area" far wider than before the Iran war, according to a senior officer in the Islamic

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says
Business|Economy|Education|Environment|Finance|Technology

Waymo recalls 3,800 robotaxis over risk of entering flooded roads

Waymo said on Tuesday it is recalling about 3,800 robotaxis in the United States after identifying a risk that vehicles could enter flooded roads

Waymo recalls 3,800 robotaxis over risk of entering flooded roads
Arts|Business|Economy|Entertainment

Netflix spent over $135 billion on film, TV over last decade

Netflix has invested over $135 billion in films and television series over the past decade, the company said on Tuesday, underscoring the dominance of the streaming giant and the

Netflix spent over $135 billion on film, TV over last decade
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Investors say they want Trump and Xi to stay out of AI's way

Investors expect U.S.

Investors say they want Trump and Xi to stay out of AI's way
Business|Economy|Europe

Italy industry output posts solid gain in March as Iran war impact awaited

Italian industrial output rose by 0.7% in March compared to the previous month, data showed on Tuesday, offering some hope to the country's long-struggling manufacturing

Italy industry output posts solid gain in March as Iran war impact awaited
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What are China's current tariffs on US energy and agriculture goods

U.S.

What are China's current tariffs on US energy and agriculture goods
Business|Economy|Finance|Stock Markets|Technology

Tesla’s robotaxi rollout features Texas-sized wait times

When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for

Tesla’s robotaxi rollout features Texas-sized wait times
Australia|Business|Economy|Finance|World

Australia's tax reforms expected to knock some heat out of housing market

Australia's government expects its ambitious reforms to the way it taxes property investments to take some of the immediate heat out of one of the world's least affordable

Australia's tax reforms expected to knock some heat out of housing market
Americas|Business|Economy|Education|Election|Environment|Finance|Political|World

Ecuador's Espinosa joins battle to lead United Nations

Antigua and Barbuda has nominated Ecuador's Maria Fernanda Espinosa as candidate to be the next United Nations Secretary-General, a U.N. official told Reuters on Tuesday.

Ecuador's Espinosa joins battle to lead United Nations