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

Economy

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
Business|Economy|Technology|World

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
Business|Economy|Travel|World

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
Asia|Business|Economy|Technology|World

Samsung Elec union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours.

Samsung Elec union threatens to walk out of pay talks if no mediation proposal
Business|Economy|Finance|Technology

Swatch shareholders reject activist investor's bid for board seat

Swatch shareholders on Tuesday rejected a bid by activist investor Steven Wood for an independent director's seat, the Swiss watchmaker

Swatch shareholders reject activist investor's bid for board seat
Business|Economy|Finance|Political|Stock Markets|World

Ceasefire on life support

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the month-old Iran war ceasefire now on “life support”,

Ceasefire on life support
Business|Economy|Europe|Technology

OpenAI gives European companies access to its latest models to bolster resilience

U.S. artificial intelligence giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more

OpenAI gives European companies access to its latest models to bolster resilience
Business|Economy|Election|Finance|Political|Stock Markets|US

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects
Business|Economy|Europe|Political|World

India's Hindu RSS lobbies groups abroad to counter minority rights criticism

By Krishna N.

India's Hindu RSS lobbies groups abroad to counter minority rights criticism
Africa|Economy|Europe|Political|World

France's Macron unveils a $27 billion investment in Africa at a partnership summit in Kenya

French President Emmanuel Macron has announced new investments in Africa at a summit held in Kenya

France's Macron unveils a $27 billion investment in Africa at a partnership summit in Kenya
Business|Economy|Environment|Finance|World

Why you could pay $5 for gas even if oil doesn’t skyrocket

Why you could pay $5 for gas even if oil doesn’t skyrocket

Why you could pay $5 for gas even if oil doesn’t skyrocket
Economy|Environment|World

The shadowy network of Chinese oil refineries funding Iran

The shadowy network of Chinese oil refineries funding Iran

The shadowy network of Chinese oil refineries funding Iran
Business|Economy|Finance|Political|Stock Markets

Long-term UK bond yields rise to 1998 high, sterling slumps as Starmer's future in doubt

Long-term British borrowing costs surged to their highest in nearly 30 years, sterling slumped and shares fell on Tuesday as investors brace for a potential

Long-term UK bond yields rise to 1998 high, sterling slumps as Starmer's future in doubt
Business|Economy|Political|Stock Markets|World

STOXX 600 falls as fragile Middle East ceasefire dents risk sentiment

Europe's STOXX 600 closed 1% lower in broad-based declines on Tuesday as dimming hopes for a U.S.-Iran peace deal sent oil prices higher and weighed

STOXX 600 falls as fragile Middle East ceasefire dents risk sentiment
Business|Economy|Finance|World

South Africa's unemployment rate rises in first quarter

South Africa's unemployment rate rose to 32.7% in the first quarter of 2026 from 31.4% in the fourth quarter of 2025, data from the statistics agency

South Africa's unemployment rate rises in first quarter
Business|Economy|Finance

Australia unveils changes to negative gearing, capital gains tax

Australia's centre-left Labor government will pare tax breaks for landlords to level the playing field for young Australians to own a home, in the biggest housing tax

Australia unveils changes to negative gearing, capital gains tax
Business|Economy|Food|World

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites
Business|Crime|Economy|Education|Election|Finance|Health|Political|Stock Markets|US

Laws on veterans, 9/11 families and election certification face threat in proxy voting case

Laws on veterans, 9/11 families and election certification face threat in proxy voting case

Laws on veterans, 9/11 families and election certification face threat in proxy voting case
Business|Economy|Finance|Science|Stock Markets|Technology|World

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world
Economy|Environment|Finance|World

Norway faces dilemma on openness in wealth fund ethical divestments, finance minister says

When Norway's $2.2 trillion wealth fund — the world's largest — sells a company's shares over ethical concerns, should it explain why?

Norway faces dilemma on openness in wealth fund ethical divestments, finance minister says
Business|Economy|World

US, Japan agree excess FX volatility undesirable, Bessent says

The United States and Japan believe that excess volatility in the currency market is undesirable, U.S.

US, Japan agree excess FX volatility undesirable, Bessent says
Business|Economy|Europe|Finance|Political|Stock Markets|World

Investors ramp up bets on Bank of England rate hikes

Investors increased their bets on the Bank of England raising rates in the coming months as global markets responded to the latest increase in tensions in the Strait of

Investors ramp up bets on Bank of England rate hikes
Business|Economy|Finance|Stock Markets

Carlyle, Yum China among suitors for Jardines' KFC, Pizza Hut chains in Asia, sources say

Carlyle Group and Yum China Holdings are among suitors vying for a Jardine Matheson restaurant unit that runs KFC and Pizza Hut chains in Hong Kong, Taiwan and

Carlyle, Yum China among suitors for Jardines' KFC, Pizza Hut chains in Asia, sources say
Australia|Business|Economy|Environment|World

Australian miner Fortescue to pay $108 million for damage to Indigenous group's land

An Australian court on Tuesday ordered miner Fortescue to pay A$150 million ($108 million) in compensation to an Indigenous group for a cultural loss caused by iron ore

Australian miner Fortescue to pay $108 million for damage to Indigenous group's land
Business|Economy|Environment|Europe|Science|Technology

Thyssenkrupp Nucera halts hiring in high-cost countries as Q2 loss widens

Thyssenkrupp Nucera has frozen hiring in high-cost countries as part of broader saving measures, it said on Tuesday, after its second-

Thyssenkrupp Nucera halts hiring in high-cost countries as Q2 loss widens
Business|Economy|Europe|MidEast|Travel|World

Iran war creates new must-have for summer holidays: the plan B

Greg Abbott is planning his summer holiday with half an eye on the Iran war.

Iran war creates new must-have for summer holidays: the plan B
Business|Economy|Europe|Finance|Stock Markets

Siemens Energy accelerates share buyback after Q2 cash flow jumps

Siemens Energy will accelerate its standing share buyback programme after posting a 42% increase in pre-tax free cash flow, the company said on Tuesday, benefitting from

Siemens Energy accelerates share buyback after Q2 cash flow jumps
Business|Economy|Europe|Finance|Stock Markets

Vanguard targets doubling European assets to $1 trillion by 2030

Vanguard will expand its product range for everyday investors in Europe, aiming to roughly double its regional assets to $1 trillion within five years and

Vanguard targets doubling European assets to $1 trillion by 2030
Business|Economy|Political|World

A Trump-Xi deal could revive US energy exports to China

U.S.

A Trump-Xi deal could revive US energy exports to China
Business|Economy|Finance|World

US consumer inflation expected to have increased further in April amid Iran war

U.S. consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation

US consumer inflation expected to have increased further in April amid Iran war
Business|Economy|Technology|World

Even in North Korea, someone's in your parking spot

From famine to nuclear war, North Koreans have had plenty to worry about over the years.

Even in North Korea, someone's in your parking spot
Business|Economy|Political|World

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

China and the United States may reach a farm deal at their summit this week that expands Beijing's purchases of

Xi-Trump summit may yield farm deal, but China has limited soybean appetite
Business|Economy|Political|US|World

Trump to discuss Taiwan arms sales, jailed HK tycoon Jimmy Lai with Xi

U.S.

Trump to discuss Taiwan arms sales, jailed HK tycoon Jimmy Lai with Xi
Economy|Political|World

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia

U.S.

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia
Business|Economy|Finance|Political|Stock Markets|World

Peace talks stutter

A look at the day ahead in European and global markets from Ankur Banerjee Markets are stuck in a loop of hope and despair as talks to end the war in the Middle East remain deadlocked, with the latest

Peace talks stutter
Business|Economy|World

Malaysia economic growth likely slowed to 5.3% in January-March

By Renusri K BENGALURU, May 12 - Malaysia's economic growth likely eased in the first quarter, after expanding the most in more than three years in the previous quarter, according to a Reuters poll of

Malaysia economic growth likely slowed to 5.3% in January-March
Business|Economy|Technology|World

Apple, Boeing, Citi, Tesla, Meta executives to join Trump's China trip

More than one dozen CEOs and top executives will join the U.S. delegation as President Donald Trump travels to China this week, according to a White House official.

Apple, Boeing, Citi, Tesla, Meta executives to join Trump's China trip
Business|Economy|Technology

OpenAI, Microsoft agree to cap revenue sharing at $38 billion, The Information reports

OpenAI has agreed to cap total revenue it shares with Microsoft under their agreement at $38 billion, The Information reported on Monday, citing a person with knowledge of the

OpenAI, Microsoft agree to cap revenue sharing at $38 billion, The Information reports
Business|Crime|Economy|Technology|World

California county sues Meta over scam ads

California's Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false

California county sues Meta over scam ads
Australia|Business|Economy|Finance|Political|Stock Markets|World

Australia dumps tax breaks for landlords to help young own a home

Australia's centre-left Labor government has rolled out the biggest changes to investment taxes this century to help young people break into the

Australia dumps tax breaks for landlords to help young own a home
Asia|Business|Economy|Finance|Stock Markets|Technology

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says

Global hedge funds ramped up bets on Asia, with weekly buying of South Korean, Japanese and Taiwanese stocks hitting a 10-year high last week, according to

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says
Business|Economy|Finance|Stock Markets|Technology

SoftBank's OpenAI-related debt in focus as another strong quarter expected

SoftBank Group is expected by analysts to report another robust quarterly profit on Wednesday as the technology investor benefits from its growing OpenAI bet,

SoftBank's OpenAI-related debt in focus as another strong quarter expected
Business|Economy|Europe|Science|Technology

The barista is human but an AI agent runs this experimental Swedish cafe

The coffee might be poured by a human hand, but behind the counter something far less traditional is calling the shots at an experimental cafe in Stockholm

The barista is human but an AI agent runs this experimental Swedish cafe
Business|Economy|Finance|World

Fed chair nominee Warsh clears hurdle on path to Senate confirmation

Kevin Warsh, U.S.

Fed chair nominee Warsh clears hurdle on path to Senate confirmation
Business|Economy|Science|Technology

Ex-OpenAI exec Sutskever says he spent a year gathering proof of alleged Altman dishonesty

Former OpenAI chief scientist Ilya Sutskever testified on Monday that he spent about a year gathering evidence for the ChatGPT maker's board that CEO Sam Altman had displayed a "

Ex-OpenAI exec Sutskever says he spent a year gathering proof of alleged Altman dishonesty
Asia|Business|Economy|World

Asia-Pacific's heirs turn to wealth professionals for succession advice, UBS says

Asia-Pacific's ultra-rich, set to take part in a global transfer of $83 trillion in assets over the coming decades, are leaning more on wealth managers and family

Asia-Pacific's heirs turn to wealth professionals for succession advice, UBS says
Business|Economy|Finance|Stock Markets|World

World Bank sees Pacific growth slowing to 2.8% in 2026

Economic growth across 11 Pacific Island countries is expected to weaken in 2026 as higher energy and shipping costs, slowing tourism momentum and

World Bank sees Pacific growth slowing to 2.8% in 2026
Business|Economy|Finance|World

Japan, US affirm close cooperation on currency moves

Japan and the U.S. reaffirmed their close cooperation on currency moves, Japanese Finance Minister Satsuki Katayama told reporters after a meeting with her

Japan, US affirm close cooperation on currency moves
Australia|Business|Economy|Finance|Stock Markets|World

Australia business confidence shaken as costs climb, survey shows

Australian business confidence remained mired in gloom in April, a survey showed on Tuesday, as spiking energy costs from the Middle East war squeezed profit margins and

Australia business confidence shaken as costs climb, survey shows
Business|Economy|Finance|Stock Markets|World

BOJ debated near‑term rate hike at April meeting, opening door to June move

Some Bank of Japan policymakers argued in April for raising rates soon, with one flagging the chance of a June move, highlighting a growing hawkish shift on

BOJ debated near‑term rate hike at April meeting, opening door to June move
Business|Economy|Europe|Finance|World

UK consumers cut spending for first time since late 2024, Barclays card data shows

British consumers, shaken by the widening economic fallout from the Iran war, cut their spending last month for the first time since November 2024 as they focused on essentials

UK consumers cut spending for first time since late 2024, Barclays card data shows
Business|Economy|Technology|World

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets

Boeing hid safety problems with its 737 MAX jet when LOT Polish Airlines picked the popular single-aisle jet in 2016 to anchor its plans to recover from

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets
Business|Economy|Finance|Health|Technology

Hims & Hers misses revenue estimates as strategy shift hits sales

Hims & Hers Health missed Wall Street estimates for first-quarter revenue and posted a surprise loss on Monday, as the telehealth company's shift

Hims & Hers misses revenue estimates as strategy shift hits sales
Business|Economy|Finance|World

Japan March household spending falls 2.9% year/year

Japanese household spending fell more than expected in March from a year earlier, government data showed on Tuesday, extending declines to a fourth straight month.

Japan March household spending falls 2.9% year/year
Business|Economy|Environment|Technology

US state governor pushes for grid reforms as power bills swell

The U.S. state governor of Maryland Wes Moore on Monday pushed for reforms in PJM Interconnection, the largest U.S. electricity market, including long-

US state governor pushes for grid reforms as power bills swell
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple

BuzzFeed said on Monday media entrepreneur Byron Allen will take over as the digital media company's next CEO after he entered into a deal to buy a stake of about 52% in the digital

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple
Business|Economy|Technology|World

Trump and Xi dialed down the trade war, but challenges lurk at their China summit

President Donald Trump claims America is profiting from trade with China despite tensions over rare earth minerals, tariffs and emerging technologies like AI

Trump and Xi dialed down the trade war, but challenges lurk at their China summit
Business|Economy|Finance|MidEast|Political|US|World

US issues new sanctions over Iran's oil shipments to China

The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and

US issues new sanctions over Iran's oil shipments to China
Economy|Environment|Political|US|World

Trump nominates fired FEMA leader to again lead the agency

U.S.

Trump nominates fired FEMA leader to again lead the agency
Arts|Business|Economy|Technology

Action camera maker GoPro to review options, including possible sale

Action camera maker GoPro said on Monday that it intends to review a range of strategic options that could include a sale of the company or merger, sending its shares up more than

Action camera maker GoPro to review options, including possible sale
Business|Economy|World

Russia downgrades 2026 economic growth forecast to 0.4% from 1.3%, deputy PM says

By Darya Korsunskaya MOSCOW, May 12 - Russia has cut its economic growth forecast for 2026 and the following three years but left unchanged the projected oil price despite the spike in global prices

Russia downgrades 2026 economic growth forecast to 0.4% from 1.3%, deputy PM says
Business|Economy|Finance|Political|World

Trump administration asks US court to pause ruling against tariffs

President Donald Trump's administration on Monday asked a U.S. court to pause its ruling against the administration's 10% global tariff while the

Trump administration asks US court to pause ruling against tariffs
Business|Crime|Economy|Finance|World

Tobacco company BAT's criminal case for violating North Korea sanctions dismissed by US judge

A U.S. judge on Monday dismissed the government's criminal case accusing British American Tobacco of conspiring to violate American sanctions by selling

Tobacco company BAT's criminal case for violating North Korea sanctions dismissed by US judge
Business|Economy|Finance|Political|Stock Markets|US|World

Trump nominates Cameron Hamilton, fired after defending FEMA, to lead the agency

President Donald Trump has nominated Cameron Hamilton to lead the Federal Emergency Management Agency

Trump nominates Cameron Hamilton, fired after defending FEMA, to lead the agency
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens
Americas|Business|Economy|Political|World

Venezuela's acting president defends country's territory and rejects Trump's 51st state remarks

Venezuela’s acting President Delcy Rodríguez tells journalists that her country has no plans to become the 51st U.S. state after President Donald Trump said he was “seriously considering” the move

Venezuela's acting president defends country's territory and rejects Trump's 51st state remarks
Economy|Europe|Finance|Political|World

UK's Starmer under renewed pressure as lawmakers urge him to quit

Keir Starmer came under renewed pressure on Monday when four ministerial aides stepped down and more than 70 Labour

UK's Starmer under renewed pressure as lawmakers urge him to quit
Business|Economy|Science|Technology

Microsoft, Google, xAI security test details deleted from US government website

The U.S.

Microsoft, Google, xAI security test details deleted from US government website
Business|Economy|Environment|Political

Trump delays order to boost beef imports and calm prices, Wall Street Journal reports

U.S.

Trump delays order to boost beef imports and calm prices, Wall Street Journal reports
Americas|Business|Crime|Economy|Environment|World

Possible gas explosion and fire in Sao Paulo kills one, damages homes

A fire set off by a potential gas explosion killed one person in Brazil's biggest city Sao Paulo on Monday, while

Possible gas explosion and fire in Sao Paulo kills one, damages homes
Business|Economy|Finance|Stock Markets|World

KKR to plough $300 million into private credit fund as losses mount

KKR will inject $300 million into struggling private credit fund FS KKR Capital, the fund said on Monday as it reported growing losses and a sharp drop in net asset value.

KKR to plough $300 million into private credit fund as losses mount
Economy|Political|World

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade

U.S.

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: AI beats Iran impasse

U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.

Trading Day: AI beats Iran impasse
Business|Economy|Finance|US|World

Trump says he supports suspending US gas tax after prices remain high

President Donald Trump said on Monday he backs reducing the 18.4-cent federal gasoline tax as U.S. fuel prices

Trump says he supports suspending US gas tax after prices remain high
Business|Economy|Entertainment|Fashion and Beauty|Finance

Victoria's Secret says why Blundy was denied seat, director leaving board

Victoria’s Secret said on Monday why it blocked Australian billionaire Brett Blundy from becoming a director and that one board member will not

Victoria's Secret says why Blundy was denied seat, director leaving board
Business|Economy|Travel|World

Trump nominates David Cummins to head the TSA after a rocky period for the agency

President Donald Trump is nominating David Cummins to lead the Transportation Security Administration

Trump nominates David Cummins to head the TSA after a rocky period for the agency
Economy|Opinion|Political|Science|Technology|World

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now

Taiwan, trade and AI regulation are on the agenda. But will there be progress on any of these issues during Beijing sit-down?

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now
Economy|Finance|Political|World

Americans don't think Trump has explained Iran war goals, Reuters/Ipsos poll shows

Two out of three Americans think President Donald Trump has not clearly explained why the country went to war with Iran, according to a Reuters/Ipsos poll

Americans don't think Trump has explained Iran war goals, Reuters/Ipsos poll shows
Asia|Business|Economy|Finance|Stock Markets|World

Oil prices rise as the Iran war drags on, but US stocks inch to more records

Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records

Oil prices rise as the Iran war drags on, but US stocks inch to more records
Business|Economy|Environment|Political|World

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own

President Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own
Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China

Iran and the United States have reached an impasse again over how to end their war while their ceasefire grew increasingly shaky

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China
Business|Economy|Technology

Starbucks cuts 61 technology jobs in Seattle

Starbucks has cut 61 corporate jobs in its technology division at its Seattle headquarters, the company disclosed in a WARN filing the company filed Thursday. 

Starbucks cuts 61 technology jobs in Seattle
Business|Crime|Economy|Finance|Political|US|World

US issues alert to banks on IRGC efforts to evade sanctions

The United States on Monday issued an alert to financial institutions warning of efforts by the Islamic Revolutionary Guard Corps' to evade U.S. sanctions, as concerns

US issues alert to banks on IRGC efforts to evade sanctions
Business|Economy|Finance|Stock Markets|World

Wall St inches to higher close, AI fervor edges out Iran impasse

U.S. stocks closed slightly higher on Monday, with AI optimism fueling upward momentum even as the earnings-driven fervor of the recent

Wall St inches to higher close, AI fervor edges out Iran impasse
Business|Economy|Technology

FedEx resumes MD-11 cargo flights after FAA lifts grounding order

FedEx said Monday it has begun resuming use of its MD-11 airplanes after the Federal Aviation Administration lifted an order that had barred flights

FedEx resumes MD-11 cargo flights after FAA lifts grounding order
Business|Economy|Finance|Political|World

House lawmakers introducing bill to toughen US ban on Chinese vehicles

Two members of the U.S.

House lawmakers introducing bill to toughen US ban on Chinese vehicles
Economy|Finance|Political|US|World

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war
Economy|Political|World

Starmer pledges to prove his doubters wrong but faces a wave of resignation calls

Prime Minister Keir Starmer has vowed to prove his doubters wrong as he faces calls to step down after poor local election results for his Labour Party

Starmer pledges to prove his doubters wrong but faces a wave of resignation calls
Business|Economy|US|World

US senators urge Trump to 'stand strong' on shipbuilding in talks with Xi

A bipartisan group of U.S. senators on Monday urged President Donald Trump to hold fast to trade remedies proposed by his administration to rebuild U.S.

US senators urge Trump to 'stand strong' on shipbuilding in talks with Xi
Economy|Political|US|World

US rejects UN migration forum declaration, State Department says

The U.S.

US rejects UN migration forum declaration, State Department says
Business|Crime|Economy|Political|World

South Africa's Ramaphosa faces down calls to resign over cash-in-sofa scandal

South African President Cyril Ramaphosa faced down calls to resign on Monday over a scandal in which thieves stole bundles of

South Africa's Ramaphosa faces down calls to resign over cash-in-sofa scandal
Business|Economy|Finance|MidEast|Stock Markets|US|World

Businesses are facing rising costs during the Iran war, and economists expect more strains ahead

Costs are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months

Businesses are facing rising costs during the Iran war, and economists expect more strains ahead
Business|Economy|Political|World

Treasury Department tells US banks to flag suspected Iranian money-laundering networks

The Treasury Department wants U.S. banks to monitor suspected Iranian money laundering networks

Treasury Department tells US banks to flag suspected Iranian money-laundering networks
Business|Economy|Finance|Science|Technology|World

Britain's bank regulator expects 'quite significant disruption' from latest AI models

The head of the Bank of England’s regulatory arm on Wednesday said it was “reasonable to expect quite significant disruption” to financial services from the latest AI models

Britain's bank regulator expects 'quite significant disruption' from latest AI models
Business|Economy|Food|Science|Technology

Papa John's tests drone delivery in North Carolina suburb

Papa John's International is testing U.S. drone deliveries in a small market in North Carolina, the pizza chain announced Monday.

Papa John's tests drone delivery in North Carolina suburb
Economy|Political|World

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed

U.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
Business|Economy|Finance|Political|World

Lula's consumer debt initiative did not expand credit, Brazil's BTG says

Brazilian President Luiz Inacio Lula da Silva's flagship consumer debt renegotiation program did not expand credit for beneficiaries, BTG Pactual said in

Lula's consumer debt initiative did not expand credit, Brazil's BTG says
Business|Economy|Environment|World

Oil prices settle higher after Trump says Iran ceasefire "on life support"

Oil prices settled almost 3% higher on Monday after U.S.

Oil prices settle higher after Trump says Iran ceasefire "on life support"
Asia|Economy|Europe|MidEast|Political|World

India's Modi to begin five-nation tour, including UAE, amid Middle East crisis

Indian Prime Minister Narendra Modi will embark on a five-nation tour taking in the United Arab Emirates and Europe from May 15-20, India's foreign ministry said in a statement on

India's Modi to begin five-nation tour, including UAE, amid Middle East crisis
Economy|Election|Political|US|World

Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting

Democrats will win control of the U.S.

Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting
Asia|Business|Economy|Political|Science|Technology|World

Trump and China's Xi set for talks spanning Iran, nuclear, trade and AI

U.S.

Trump and China's Xi set for talks spanning Iran, nuclear, trade and AI
Economy|Finance|Political|Stock Markets|US|World

Dollar edges up as Trump rejects Iran peace move

The dollar was slightly higher on Monday, but off earlier highs after U.S.

Dollar edges up as Trump rejects Iran peace move
Business|Economy|Entertainment|Finance|Sports

Fox posts upbeat results on Tubi strength, higher distribution fees

Fox Corp beat analysts' estimates for third-quarter revenue and profit on Monday, driven by robust growth in its Tubi streaming service and increased fees from

Fox posts upbeat results on Tubi strength, higher distribution fees
Business|Economy|Finance|Technology|World

Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle

Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale", while Temu countered that Shein is using litigation to stifle competition

Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
Business|Economy|Political|Technology|World

White House invites Musk, Cook for Trump China trip, Bloomberg reports

The White House is inviting Tesla's Elon Musk and Apple's Tim Cook to accompany President Donald Trump on his trip to China this week, Bloomberg News reported Monday, citing a White

White House invites Musk, Cook for Trump China trip, Bloomberg reports
Business|Economy|Finance|World

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate

U.S. equity indexes inched ahead to record closing highs while the dollar edged higher on Monday, as investors awaited a meeting

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate
Business|Economy|Finance|Stock Markets|US|World

US home sales flat in April as lackluster spring homebuying season lurches forward

Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year

US home sales flat in April as lackluster spring homebuying season lurches forward
Business|Economy|Political|World

Iran war raises stakes for US and China ahead of Trump–Xi talks

The Iran war has strained U.S.–Chinese ties further and looks set to dominate the May 14 to 15 summit between U.S.

Iran war raises stakes for US and China ahead of Trump–Xi talks
Economy|Europe|Political|World

Hungary's race to access EU's 10.4 billion euros is ambitious but possible - officials

Hungary is racing to meet an August 31 deadline to become eligible for 10.4 billion euros  ($12.2 billion) from the European Union's post-pandemic

Hungary's race to access EU's 10.4 billion euros is ambitious but possible - officials
Business|Economy|Finance|Stock Markets|World

Emerging market investors shrug off Iran war shock, IIF data shows

Global investors swung sharply back into emerging market assets in April, Institute of International Finance data showed on Monday, as markets recovered from

Emerging market investors shrug off Iran war shock, IIF data shows
Business|Economy|Finance|Stock Markets|US

US home sales edge up in April but affordability remains a challenge

U.S. existing home sales rebounded less than expected in April, and could struggle to gain altitude as mortgage rates remain elevated and rising

US home sales edge up in April but affordability remains a challenge
Business|Economy|Environment|Science|Technology

Fervo Energy eyes $7.4 billion valuation in upsized US IPO

Geothermal power developer Fervo Energy said on Monday it was targeting up to a $7.37 billion valuation in its U.S. upsized initial public offering, underscoring strong investor

Fervo Energy eyes $7.4 billion valuation in upsized US IPO
Business|Economy|Finance|Stock Markets|World

Swatch shareholder vote tests Hayek grip after advisers back Wood

Swatch is bracing for a showdown at its annual meeting on Tuesday after proxy advisers came out in support of investor Steven Wood, challenging the Hayek

Swatch shareholder vote tests Hayek grip after advisers back Wood
Business|Economy|Finance|Stock Markets|Technology|US|World

Wise set to make Nasdaq debut as company completes shift from London to New York

Money transfer company Wise is set to debut on the Nasdaq on Monday, shifting its primary listing from London to New York as the fintech unicorn

Wise set to make Nasdaq debut as company completes shift from London to New York
Business|Economy|Finance|Stock Markets|US|World

Wall St slips at open as US-Iran impasse lifts oil

Wall Street's main indexes opened lower on Monday, after last week's record-setting rally, as renewed worries over stalled U.S.-Iran talks lifted oil prices and tempered risk

Wall St slips at open as US-Iran impasse lifts oil
Business|Economy|Technology|World

Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push

Big tech's borrowing spree to fund AI intensified on Monday as Alphabet disclosed plans for its first yen-denominated bond sale and Amazon prepared its debut Swiss franc

Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push
Economy|Environment|Health|Science|Technology|World

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country
Economy|Environment|Health|Political|Science

When you don’t have the facts, argue the law: How Trump’s EPA is limiting its own ability to protect public health far into the future

The EPA’s new interpretations are strategically designed to appeal to the current US Supreme Court’s view of agency authority.

When you don’t have the facts, argue the law: How Trump’s EPA is limiting its own ability to protect public health far into the future
Economy|Education|Environment|Science|Technology

The missing link in America’s critical minerals push isn’t mining – it’s processing expertise

America was once the global leader in rare earth element production, but as processing moved to China, the US lost capacity and expertise. It can get them back.

The missing link in America’s critical minerals push isn’t mining – it’s processing expertise
Business|Economy|Education|World

Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll finds

A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market

Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll finds
Business|Economy|Environment|World

Water levels on Rhine river in Germany rising after rain, may normalise this week

Rain has increased water levels on the river Rhine in Germany enabling cargo vessels to sail with more freight after shallow water hindered shipping last week, although

Water levels on Rhine river in Germany rising after rain, may normalise this week
Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

European shares muted as markets weigh US-Iran deadlock

European shares ended Monday's session flat, constrained by a drop in luxury stocks, while stalled U.S.-Iran peace negotiations drove oil prices

European shares muted as markets weigh US-Iran deadlock
Business|Economy|Finance|Stock Markets

11 weeks and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the

11 weeks and counting
Business|Economy|Europe|World

Blackstone to acquire Greek e-commerce platform Skroutz from CVC

Blackstone will acquire Greek e-commerce platform Skroutz from CVC Capital Partners Fund VII, CVC said on Monday.

Blackstone to acquire Greek e-commerce platform Skroutz from CVC
Business|Economy|Environment|Europe|Technology

Europe's EV investments near 200 billion euros, New Automotive data shows

Countries in the European Economic Area and Switzerland have committed almost 200 billion euros ($235 billion) to their electric vehicle (EV)

Europe's EV investments near 200 billion euros, New Automotive data shows
Business|Economy|Finance|Stock Markets|Technology

EchoStar loses more pay-TV subscribers than expected amid cord-cutting

Telecommunications services firm EchoStar posted a larger-than-expected decline in pay-TV subscribers for the first quarter, as cord-cutting pressures persist.

EchoStar loses more pay-TV subscribers than expected amid cord-cutting
Business|Economy|Environment|Health|World

China's marriages drop to decade low, deepening demographic concerns

Marriage registrations in China fell 6.2% year on year in the first quarter and are about half 2017 levels, official data show, underscoring the demographic strain in a

China's marriages drop to decade low, deepening demographic concerns
Business|Economy|Science|Technology

AI labs should pass safety review to get US government contracts, group says

The Trump administration should screen cutting-edge artificial intelligence models for security threats before they are publicly released and withhold lucrative

AI labs should pass safety review to get US government contracts, group says
Business|Economy|Finance|World

Japan panel members urge BOJ to heed firms' funding strains amid Mideast tensions

Private-sector members of Japan's key economic advisory panel urged the Bank of Japan on Monday to be cautious about the risk of funding strains on smaller

Japan panel members urge BOJ to heed firms' funding strains amid Mideast tensions
Business|Economy|Finance|Political|Technology

US Senate Committee set to consider long-awaited crypto bill this week

U.S. senators are set to consider long-awaited legislation that would create a regulatory framework for cryptocurrency on Thursday, potentially ending a deadlock over

US Senate Committee set to consider long-awaited crypto bill this week
Business|Economy|Finance|Travel|World

Spirit's exit lifts airfares, but budget model remains under pressure

The collapse of Spirit Airlines, one of the industry's fiercest discounters, has given U.S. budget carriers more room to lift fares, but its exit does

Spirit's exit lifts airfares, but budget model remains under pressure
Business|Crime|Economy|Finance|Stock Markets|US

Short seller Andrew Left to stand trial in LA over manipulation charges

High-profile short seller Andrew Left's criminal trial will kick off in Los Angeles this week, spotlighting a contentious cohort of investors who have

Short seller Andrew Left to stand trial in LA over manipulation charges
Business|Economy|Political|Technology|World

Zelenskiy says some 20 countries interested in drone deals with Ukraine

Nearly 20 countries are interested in drone deals with Ukraine and four agreements have already been signed, Ukrainian President Volodymyr Zelenskiy said on Monday.

Zelenskiy says some 20 countries interested in drone deals with Ukraine
Economy

HSBC lifts S&P 500 year-end target on earnings optimism

HSBC has raised its year-end target for the benchmark S&P 500 index to 7,650 from 7,500 on Monday, citing resilient earnings growth.

HSBC lifts S&P 500 year-end target on earnings optimism
Economy|Europe|Political|Science

Hungary to review Paks nuclear plant expansion, ministerial nominee says

Hungary will review the financing and implementation of the Paks nuclear power plant expansion project, the nominee for economy and

Hungary to review Paks nuclear plant expansion, ministerial nominee says
Business|Economy|Political|Sports|Travel|World

There’s one month until World Cup 2026 kicks off. Here are 5 things to know

There’s one month until World Cup 2026 kicks off. Here are 5 things to know

There’s one month until World Cup 2026 kicks off. Here are 5 things to know
Business|Economy|Finance|Stock Markets

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners
Business|Economy|Political|World

China opposes US sanctions over Iran, pledges to protect firms

China voiced strong opposition on Monday to U.S. sanctions for three China-based companies that Washington claimed enabled Iran's military operations, calling the curbs

China opposes US sanctions over Iran, pledges to protect firms
Business|Economy|World

India, Peru likely to hold talks on free trade pact in June, diplomat says

India and Peru will probably hold the next round of talks on a proposed free trade pact next month, a senior Peruvian diplomat told Reuters, adding that a

India, Peru likely to hold talks on free trade pact in June, diplomat says
Economy|Europe|World

Norway's April core inflation rises in line with expectations 

Norway's annual core inflation rose in line with expectations in April, Statistics Norway (SSB) data showed on Monday, supporting expectations interest rates could increase

Norway's April core inflation rises in line with expectations 
Business|Economy|Finance|World

Departing Bank of Korea board member says policy should focus on inflation control

South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the war in Iran drove up energy prices, an outgoing member of

Departing Bank of Korea board member says policy should focus on inflation control
Business|Economy|Finance|Stock Markets|Technology|World

Market listing an option for VW's US Scout brand, CEO tells paper

Volkswagen's U.S. brand Scout was designed from the start to pursue a potential stock market listing or to allow strategic investors to take a stake, its CEO Scott Keogh

Market listing an option for VW's US Scout brand, CEO tells paper
Business|Economy|Political|Technology|World

US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit

As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the U.S. auto industry and lawmakers on both

US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
Economy|Europe|World

ECB's Kocher sees rate move if inflation outlook does not improve

The European Central Bank will need to adjust interest rates soon if the inflationary outlook does not significantly improve, ECB Governing Council Member Martin Kocher was

ECB's Kocher sees rate move if inflation outlook does not improve
Business|Economy|Finance|Stock Markets|US|World

BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S.

BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data
Asia|Business|Economy|World

Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say

Indian billionaire Mukesh Ambani's Reliance Jio Platforms has shifted its planned Mumbai IPO to a pure fundraising exercise, abandoning

Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
Business|Economy|Europe|Finance|Stock Markets|World

ECB's de Guindos urges prudence on rates in parting shot - FT

The European Central Bank's outgoing Vice President Luis de Guindos urged colleagues, in an interview published on Monday, to be prudent when deciding on an expected

ECB's de Guindos urges prudence on rates in parting shot - FT
Business|Economy|Technology|World

China's domestic car demand stays weak but exports strengthen

China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers

China's domestic car demand stays weak but exports strengthen
Asia|Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|World

Peace progress stalls, AI rally does not

A look at the day ahead in European and global markets from Tom Westbrook Markets still want to believe that neither the U.S. nor Iran is aiming to escalate their conflict.

Peace progress stalls, AI rally does not
Business|Economy|Environment|Science|World

New Zealand state farming goes bush in support of nature credit market

New Zealand state-owned farming enterprise Pamu says it plans to convert 600 hectares (1,483 acres) of farmland into native forest to generate high-quality nature

New Zealand state farming goes bush in support of nature credit market
Asia|Business|Economy|Political|World

Taiwan confident in US ties but hopes for no 'surprises' from Trump's China summit

Taiwan is confident in the stable development of its ties with the U.S. but hopes there are no "surprises" on Taiwan-related issues when U.S.

Taiwan confident in US ties but hopes for no 'surprises' from Trump's China summit
Business|Economy|World

China's factory inflation hits 45-month high on energy price shock

China's producer prices blew past expectations to rise to a 45-month high in April, while consumer inflation also accelerated as global energy

China's factory inflation hits 45-month high on energy price shock
Australia|Economy|Finance|World

Australia seeks reform, inflation restraint in budget balancing act

Australia is expected to deliver a smaller than initially forecast budget deficit this week as the government banks revenue windfalls from higher commodity

Australia seeks reform, inflation restraint in budget balancing act
Business|Economy|Finance|Stock Markets|World

Apollo in talks to sell $3 billion private credit fund, WSJ reports

Apollo Global Management has held talks to sell MidCap Financial Investment, its publicly listed business development company focused on private credit, the Wall Street Journal

Apollo in talks to sell $3 billion private credit fund, WSJ reports
Economy|Finance|Political|Stock Markets|World

BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says

Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus could increase inflationary risks and compel central banks to raise interest

BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says
Business|Economy|Entertainment|Technology

Nintendo shares slump as price hikes, games shortfall spook market

Nintendo's shares fell 7% in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build momentum

Nintendo shares slump as price hikes, games shortfall spook market
Economy|MidEast|Political|World

Netanyahu wants to wean Israel off US military support, he tells CBS

Israeli Prime Minister Benjamin Netanyahu hopes to wean Israel off U.S. military support within a decade as his country pushes to strengthen ties with Gulf

Netanyahu wants to wean Israel off US military support, he tells CBS
Australia|Economy|Finance|Political

Australia to offer one-year grace period for housing, investment tax changes, AFR reports

Australia's centre-left Labor government will offer a one-year grace period for planned changes to capital gains tax discounts and negative gearing in the federal budget to

Australia to offer one-year grace period for housing, investment tax changes, AFR reports
Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz

Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies

Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
Africa|Business|Economy|Europe|Political|World

Changing geopolitics are in focus as France's Macron kicks off Kenya visit for an Africa summit

French President Emmanuel Macron has kicked off a visit to Kenya ahead of a two-day Africa Forward Summit

Changing geopolitics are in focus as France's Macron kicks off Kenya visit for an Africa summit
Business|Economy|Environment|Political|World

Venezuela's leader to defend her country's claim over mineral-rich Guyana region before UN court

Venezuela’s acting President Delcy Rodríguez has arrived in the Netherlands to defend her country’s claim to a mineral- and oil-rich region in western Guyana before the United Nations highest court in a dispute that has spanned decades

Venezuela's leader to defend her country's claim over mineral-rich Guyana region before UN court
Business|Economy|Science|Technology

Cerebras to raise IPO price range to $150-$160 as demand surges, sources say​​​​​​​​​​​​​​​​

Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand for the artificial intelligence chipmaker's shares

Cerebras to raise IPO price range to $150-$160 as demand surges, sources say​​​​​​​​​​​​​​​​
Business|Economy|Political|World

Trump calls Iran's response to US peace proposal 'unacceptable'

President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks, dashing hopes for

Trump calls Iran's response to US peace proposal 'unacceptable'
Business|Economy|Political|Travel|World

Iran war could make Trump's trip to China a bit chillier than his first-term visit

President Donald Trump's trip to China may not come with the same fanfare that accompanied his first-term visit

Iran war could make Trump's trip to China a bit chillier than his first-term visit
Business|Economy|Environment|Political|World

Modi urges limits on fuel use, travel and imports to save forex

Indian Prime Minister Narendra Modi on Sunday urged a spate of measures including fuel conservation, work-from-home practices and limits on travel and imports, as a surge in global

Modi urges limits on fuel use, travel and imports to save forex
Business|Economy|Education|Environment|Travel

Take a journey from pioneer life to present day at Farmamerica

Take a journey from pioneer life to present day at Farmamerica

Take a journey from pioneer life to present day at Farmamerica
Business|Economy|Entertainment|Lifestyle|Travel

From Winona to Fountain City: The 100 Mile Garage Sale is back

From Winona to Fountain City: The 100 Mile Garage Sale is back

From Winona to Fountain City: The 100 Mile Garage Sale is back
Economy|Education|Entertainment|Health|Lifestyle|World

Father mourns wife, unborn son days before Mother's Day

Father mourns wife, unborn son days before Mother's Day

Father mourns wife, unborn son days before Mother's Day
Africa|Business|Economy|Technology|World

Microsoft’s African data center falters on payment demands, Bloomberg News reports

A Microsoft data center site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, Bloomberg News reported

Microsoft’s African data center falters on payment demands, Bloomberg News reports
Business|Economy|World

China's He to hold trade talks with US delegation in South Korea

Chinese Vice Premier He Lifeng will lead a delegation to South Korea for trade negotiations with U.S. counterparts on May 12-13, China's Ministry of Commerce said on

China's He to hold trade talks with US delegation in South Korea
Business|Economy|Election|Europe|Finance|Political|World

Britain's Starmer fights for his job as calls for his ouster grow after local election losses

British Prime Minister Keir Starmer is fighting for his job after poor local election results for his Labour Party

Britain's Starmer fights for his job as calls for his ouster grow after local election losses
Business|Crime|Economy|Lifestyle|Sports

Youth baseball league asks for help after concession stand break-in

Youth baseball league asks for help after concession stand break-in

Youth baseball league asks for help after concession stand break-in
Business|Economy|Education|Environment|Food|Lifestyle

Iconic hot dog joint getting pushed out after 90 years for luxury high-rise, owners say

Iconic hot dog joint getting pushed out after 90 years for luxury high-rise, owners say

Iconic hot dog joint getting pushed out after 90 years for luxury high-rise, owners say
Americas|Economy|Environment|Political|World

Venezuela interim president arrives in Netherlands for Esequibo region hearing

Venezuela interim president Delcy Rodriguez has arrived in the Netherlands for a hearing at the International Court of Justice over the Esequibo region

Venezuela interim president arrives in Netherlands for Esequibo region hearing
Arts|Asia|Business|Economy|Entertainment|Environment|Lifestyle|World

Cats or dogs? In East Asia, more people are becoming feline fans

Cats or dogs? In East Asia, more people are becoming feline fans

Cats or dogs? In East Asia, more people are becoming feline fans
Business|Economy|Environment|Political

Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soar

A referendum on Oregon's primary ballot seeking to repeal a Democratic gas tax increase is complicating the affordability message central to the party's midterm election strategy

Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soar
Africa|Business|Economy|Europe|Finance|Political|World

Rebels jeered Putin’s troops out of a key African town. Now his regional grip is slipping away

Rebels jeered Putin’s troops out of a key African town. Now his regional grip is slipping away

Rebels jeered Putin’s troops out of a key African town. Now his regional grip is slipping away
Economy|Political|Technology|World

Iran’s two-tier internet access fuels anger and exposes cracks in the regime

Iran’s two-tier internet access fuels anger and exposes cracks in the regime

Iran’s two-tier internet access fuels anger and exposes cracks in the regime
Business|Economy|Finance|Stock Markets|World

Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity

Saudi Aramco reported a 25% jump in first-quarter profit on Sunday, showing its resilience as U.S.-Iran war tensions curtail Strait of Hormuz shipping, with

Aramco Q1 profit jumps 25% as Hormuz risks push pipeline to full capacity
Business|Economy|Education|Science|Technology

AI isn’t actually ‘taking’ your job. Here’s what’s happening instead

AI isn’t actually ‘taking’ your job. Here’s what’s happening instead

AI isn’t actually ‘taking’ your job. Here’s what’s happening instead
Asia|Business|Economy|Environment|World

Iran war disruptions spark higher costs and lost income in Bangladesh

Tariqul Islam, a ride-share driver in Bangladesh, faces long fuel lines due to supply disruptions linked to the war in Iran

Iran war disruptions spark higher costs and lost income in Bangladesh
Business|Economy|Europe|Finance|Political|World

Germany revives effort to buy US Tomahawks, FT reports

Germany is reviving efforts to buy Tomahawk cruise missiles from the U.S., the Financial Times reported on Sunday, citing people with knowledge of Berlin's strategy.

Germany revives effort to buy US Tomahawks, FT reports
Australia|Economy|Environment|Political|World

Australia's Trump-aligned populists vow to fight mass migration after winning first lower house seat

Australia's right-wing populist One Nation party, which wants to emulate U.S.

Australia's Trump-aligned populists vow to fight mass migration after winning first lower house seat
Economy|Europe|Political|World

Putin says he thinks Russia-Ukraine war is coming to an end

Russian President Vladimir Putin said on Saturday that he thought the Ukraine war was coming to an end, remarks that came just

Putin says he thinks Russia-Ukraine war is coming to an end
Business|Crime|Economy|Environment|Travel|World

Frontier jet hits and kills pedestrian on runway in Denver during takeoff, airport says

A Frontier Airlines passenger jet struck and killed a pedestrian on a runway at Denver International Airport during a planned takeoff for Los Angeles late on Friday, the airport said

Frontier jet hits and kills pedestrian on runway in Denver during takeoff, airport says
Economy|Europe|Political|World

UK PM Starmer, weakened by local elections, is challenged by former minister

British Prime Minister Keir Starmer, reeling from a crushing local election defeat, faced a new setback to his leadership on Saturday when a former minister

UK PM Starmer, weakened by local elections, is challenged by former minister
Economy|Europe|Political|World

Magyar sworn in as Hungary's prime minister on promises of change

Centre-right leader Peter Magyar was sworn in as Hungary's prime minister on Saturday, propelled into office on promises of change after years of

Magyar sworn in as Hungary's prime minister on promises of change
Business|Economy|Environment|Technology

Why millions of Americans pay for unfinished electricity projects

Millions of Americans are unknowingly financing electric grid projects before they get any

Why millions of Americans pay for unfinished electricity projects
Arts|Business|Economy|Environment|World

President of Parks and Rec? Trump asserts authority over public spaces in DC

President Donald Trump is making significant changes to the nation's capital as he focuses on renovations and new projects

President of Parks and Rec? Trump asserts authority over public spaces in DC
Arts|Business|Economy|Entertainment|Environment|Lifestyle

That Mother’s Day bouquet could be getting pricier this year

That Mother’s Day bouquet could be getting pricier this year

That Mother’s Day bouquet could be getting pricier this year
Business|Economy|Finance|World

China April exports rebound strongly, trade surplus widens ahead of Trump visit

China's export growth gathered pace in April as factories raced to meet a wave of orders from AI-related industries and other buyers

China April exports rebound strongly, trade surplus widens ahead of Trump visit
Economy|Europe|Political|World

A divided kingdom: pro-independence parties surge across Britain

Three of the United Kingdom's four nations are set for the first time to be governed by pro-independence

A divided kingdom: pro-independence parties surge across Britain
Economy|Europe|Political|World

Putin attends scaled-back WW2 victory parade as worries deepen over Ukraine war

Russia held its most scaled-back Victory Day parade in years on Saturday due to the threat of attack from Ukraine, where victory

Putin attends scaled-back WW2 victory parade as worries deepen over Ukraine war
Business|Economy|Environment|Science|Technology

Why Utah residents are protesting a massive AI data center project backed by Kevin O’Leary

Why Utah residents are protesting a massive AI data center project backed by Kevin O’Leary

Why Utah residents are protesting a massive AI data center project backed by Kevin O’Leary
Americas|Asia|Economy|Europe|MidEast|Political|World

Trump's feuds, tensions with allies likely to outlast Iran war

With his decision to pull some U.S. troops from Germany, his threats to draw down forces elsewhere in Europe and his downplaying of

Trump's feuds, tensions with allies likely to outlast Iran war
Business|Economy|Europe|Travel

Ryanair to shut Thessaloniki base in Greece due to high fees, says senior executive

Ryanair will close its operating base at Greece's Thessaloniki airport this winter and cut the number of flights in and out of the

Ryanair to shut Thessaloniki base in Greece due to high fees, says senior executive
Asia|Business|Economy|World

China April exports rebound strongly after sluggish March, trade surplus widens

China's export growth gathered pace in April as factories raced to meet a wave of overseas orders from buyers seeking to stockpile

China April exports rebound strongly after sluggish March, trade surplus widens
Business|Economy|Finance|Political|Stock Markets|World

China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit

China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs

China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit
Africa|Business|Economy|Environment|Science|Technology|World

Fuel shortages and high prices push adoption of EVs in Africa, led by Ethiopia

Use of electric vehicles in Africa is surging, led by Ethiopia, as soaring prices and fuel shortages compel countries to opt for cleaner and cheaper transport

Fuel shortages and high prices push adoption of EVs in Africa, led by Ethiopia
Asia|Business|Economy|Finance|Political|Stock Markets|US|World

US concerned by Taiwan defence delay 'concession' to China

Further delays to Taiwan military spending are a "concession" to China, the U.S.

US concerned by Taiwan defence delay 'concession' to China
Crime|Economy|Education|Political

Small Georgia town reinstates police officers and department 2 days after the mayor fired them all

A town council in a small north Georgia mountain community passed an ordinance reinstating their police department and restoring the jobs of their police officers two days after the mayor violated the town charter by firing them all

Small Georgia town reinstates police officers and department 2 days after the mayor fired them all
Arts|Business|Economy|Sports

Rory McIlroy says LIV players should be able to return to PGA Tour, but he's not sure they want to

Rory McIlroy is no longer opposed to LIV Golf players returning to the PGA Tour

Rory McIlroy says LIV players should be able to return to PGA Tour, but he's not sure they want to
Business|Economy|Political|World

Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

Secretary of State Marco Rubio has defended the Trump administration's decision to impose new sanctions on Cuba

Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA
Business|Economy|Finance|Stock Markets|World

Data, Iran, US-China meeting in focus for scorching US stock market

The rallying U.S. stock market will take its cues next week from inflation and consumer spending data, developments in the war in Iran, and a high-stakes

Data, Iran, US-China meeting in focus for scorching US stock market
Business|Economy|Finance|World

Colombia 12-month inflation edges up in April

Colombia's consumer prices rose 0.78% in the fourth month of 2026, the country's DANE statistics agency said on Friday, taking cumulative 12-month price growth to 5.68%.

Colombia 12-month inflation edges up in April
Business|Economy|Finance|World

IMF projects $2.5 billion in 2026 net income despite high uncertainty

The International Monetary Fund said on Friday its board expects net income of about $2.5 billion in the 2026 financial year, following the annual review of its income position for

IMF projects $2.5 billion in 2026 net income despite high uncertainty
Economy|Health|Travel|World

Argentina's hot spot for Antarctic cruises insists it didn't cause the hantavirus outbreak

Argentina’s tourism-dependent province — Tierra del Fuego, home to the southernmost city of Ushuaia — is reacting angrily to the idea that the deadly hantavirus outbreak aboard an Atlantic cruise ship may have emerged from its territory, pushing instead for investigations into the other Argentine provinces passengers visited before boarding the ill-fated cruise

Argentina's hot spot for Antarctic cruises insists it didn't cause the hantavirus outbreak
Business|Economy|Environment|Political|World

Iran’s injured supreme leader out of public view but still shaping strategy, US intel assesses

Iran’s injured supreme leader out of public view but still shaping strategy, US intel assesses

Iran’s injured supreme leader out of public view but still shaping strategy, US intel assesses
Business|Economy|Environment|World

Citi says oil could rise further if US-Iran talks remain thorny

Oil prices could rise further if U.S.-Iran talks remain thorny, Citi said, though inventory drawdowns, Strategic Petroleum Reserve releases, reduced Chinese imports, weaker demand

Citi says oil could rise further if US-Iran talks remain thorny
Business|Economy|Education|Finance

Struggling to get a job? Tell us your story

Struggling to get a job? Tell us your story

Struggling to get a job? Tell us your story
Americas|Business|Economy|Political|World

Andean trade bloc orders Colombia, Ecuador to lift trade curbs

The Andean Community trade bloc ordered Colombia and Ecuador to lift all measures restricting trade between the two countries

Andean trade bloc orders Colombia, Ecuador to lift trade curbs
Business|Economy|Political|US|World

US imposes sanctions on companies it accuses of aiding Iran's weapons sector

The U.S.

US imposes sanctions on companies it accuses of aiding Iran's weapons sector
Business|Economy|Technology|World

GM to pay $12.75 million to settle California driver privacy probe

GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers

GM to pay $12.75 million to settle California driver privacy probe
Business|Economy|Finance|Technology

US judge will not rubber-stamp Elon Musk settlement with SEC

A federal judge on Friday declined to quickly approve the U.S.

US judge will not rubber-stamp Elon Musk settlement with SEC
Business|Economy|Finance|Stock Markets|US

Florida insurer Safepoint reveals 97% revenue surge in US IPO filing

Safepoint on Friday filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new listings from Florida-based insurers

Florida insurer Safepoint reveals 97% revenue surge in US IPO filing
Economy|Europe|Political|World

Putin’s scaled down Victory Parade getting smaller by the day

Putin’s scaled down Victory Parade getting smaller by the day

Putin’s scaled down Victory Parade getting smaller by the day
Americas|Business|Economy|Election|Europe|Finance|Political|Stock Markets|US|World

Starmer says he won't quit after local elections deliver losses for Labour and wins for Reform UK

Partial results from local elections in England show significant losses for Prime Minister Keir Starmer’s Labour Party and gains for Reform UK

Starmer says he won't quit after local elections deliver losses for Labour and wins for Reform UK
Business|Crime|Economy|Finance|Stock Markets|US

Former Wachtell lawyer turned banker linked to insider trading case, sources say

A former attorney at Wachtell, Lipton, Rosen & Katz who went on to join an investment bank is an unindicted co-conspirator in a vast

Former Wachtell lawyer turned banker linked to insider trading case, sources say
Business|Economy|Finance|Stock Markets|US

Applied Aerospace & Defense reveals 25% revenue jump in US IPO filing

Applied Aerospace & Defense's revenue surged 24.8% in 2025, the private equity-backed government contractor revealed on Friday in its paperwork for a U.S.

Applied Aerospace & Defense reveals 25% revenue jump in US IPO filing
Business|Economy|World

Yen bears pull back from two-year high after suspected Japan interventions

Speculators retreated from their largest bearish bets on the yen in two years, weekly data from a U.S. regulator showed on Friday, as suspected Japanese interventions

Yen bears pull back from two-year high after suspected Japan interventions
Business|Economy|Technology|World

S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism

The S&P 500 and the Nasdaq notched record highs on Friday, boosted by gains in Nvidia, Sandisk and other AI-related stocks, while a stronger-than-expected jobs

S&P 500 and Nasdaq notch records, boosted by AI and earnings optimism
Business|Economy|Finance|World

Geopolitical risks, oil shock cited as top worries in Fed financial stability report

The ongoing war with Iran and its shock to oil prices and supplies have rocketed to the top of the list of concerns for financial stability, according

Geopolitical risks, oil shock cited as top worries in Fed financial stability report
Business|Economy|Finance|Food|Stock Markets|US

Dunkin' owner Inspire Brands confidentially files for US IPO

Inspire Brands, the owner of fast-food chains Dunkin', Arby's and Jimmy John's, said on Friday it had confidentially filed for a U.S. initial public offering, as the consumer IPO

Dunkin' owner Inspire Brands confidentially files for US IPO
Business|Economy|Finance|Sports

Nike sued by consumers for not refunding tariff costs

Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher

Nike sued by consumers for not refunding tariff costs
Business|Economy|Travel|World

Brazil's Azul sees $200 million fuel hit this year; restructuring to cushion blow

Brazilian airline Azul expects a hit of about 1 billion reais ($204.15 million) from higher jet fuel prices this year, but believes it is better

Brazil's Azul sees $200 million fuel hit this year; restructuring to cushion blow
Economy|Political|US|World

US revises UN resolution on Iran but China, Russia still expected to veto

Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,

US revises UN resolution on Iran but China, Russia still expected to veto
Americas|Crime|Economy|Political|World

Costa Rica's Laura Fernandez takes office, vowing 'war' on crime

Costa Rica's Laura Fernandez took the oath of office as president on

Costa Rica's Laura Fernandez takes office, vowing 'war' on crime
Business|Economy|Environment|World

Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities

Colombia's government on Friday said it will ask miner Glencore to meet with authorities in the northern province of La Guajira as well as community

Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
Economy|Political|World

Tehran could withstand blockade for four months, CIA report shows, as fighting flares

Efforts to end the war between the U.S. and Iran appeared to stall as the two sides traded fire in the Gulf on Friday,

Tehran could withstand blockade for four months, CIA report shows, as fighting flares
Business|Economy|US|World

US Postal Service reports $2 billion quarterly loss as cash crunch mounts

The U.S.

US Postal Service reports $2 billion quarterly loss as cash crunch mounts
Business|Economy|Finance|Stock Markets|US

Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows

Bank of America has hired UBS investment banker Richard Hardegree to serve as the Wall Street titan's vice chair of mergers and acquisitions, according to an internal memo seen by

Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo shows
Business|Economy|Political|Stock Markets|World

US stocks rise to records after a solid jobs report overshadows higher oil prices

U.S. stocks rose to records following the latest sign that the nation’s job market is doing better than economists expected

US stocks rise to records after a solid jobs report overshadows higher oil prices
Business|Economy|Finance|Stock Markets|World

Colombia economy set for first quarter slowdown, with 2.2% growth

Colombia's economy likely slowed its growth rate during the first quarter of the year, amid uneven performance across different sectors, showed a Reuters poll on Friday.

Colombia economy set for first quarter slowdown, with 2.2% growth
Business|Economy|Finance|Political|Stock Markets|US|World

Trump administration appeals latest court loss on tariffs

The Trump administration on Friday appealed a court ruling that found a 10% global tariff imposed in February was not justified under a 1970s trade law. The U.S.

Trump administration appeals latest court loss on tariffs
Business|Economy|Entertainment|Technology

OnlyFans sells minority stake to Architect Capital at $3.15 billion valuation, WSJ reports

OnlyFans has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the adult-content platform at $3.15 billion, the Wall Street Journal reported.

OnlyFans sells minority stake to Architect Capital at $3.15 billion valuation, WSJ reports
Economy|Finance|Stock Markets|World

Stocks mixed, dollar down as investors digest US job growth, chipmaker strength and elevated oil

Global equities were mixed, while the dollar weakened on Friday, as new U.S. data showed domestic job growth, although consumer

Stocks mixed, dollar down as investors digest US job growth, chipmaker strength and elevated oil
Economy|Education|Environment|Political

New York Mayor Mamdani's 'freeze the rent' promise survives a noisy vote

New York City Mayor Zohran Mamdani's best-known campaign promise was tentatively advanced in a cacophonous college auditorium as a city housing board

New York Mayor Mamdani's 'freeze the rent' promise survives a noisy vote
Business|Economy|Technology

Spirit Airlines grounding could help ease shortages in tight engine market

The recent grounding of U.S. budget carrier Spirit Airlines could help ease shortages of next-generation RTX spare engines needed

Spirit Airlines grounding could help ease shortages in tight engine market
Business|Economy|Science|Technology

Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports

Artificial intelligence startup Anthropic has signed a $1.8 billion computing deal with Akamai Technologies to meet surging demand for its AI software, Bloomberg News reported on

Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports
Business|Economy|Finance|Stock Markets|World

US employment boom? Maybe, maybe not. A look under the jobs report's hood

U.S. job growth topped expectations for a second straight month in April - and by a hefty margin - while the unemployment rate held steady, showing the labor market is

US employment boom? Maybe, maybe not. A look under the jobs report's hood
Business|Economy|World

Diamondback bets on wider WTI-Brent gap amid US export ban concerns

U.S. producer Diamondback Energy bought options to sell the price difference between U.S.

Diamondback bets on wider WTI-Brent gap amid US export ban concerns
Business|Economy|Education|Health|Lifestyle|Political

California to provide free diapers to newborns at more than 60 hospitals

California will become the first state in the nation to provide infants with hundreds of free diapers before they leave hospitals after birth

California to provide free diapers to newborns at more than 60 hospitals
Business|Crime|Economy

Oklahoma DHS employee accused of embezzling $2 million from energy assistance program

Oklahoma DHS employee accused of embezzling $2 million from energy assistance program

Oklahoma DHS employee accused of embezzling $2 million from energy assistance program
Business|Economy|World

US says it will revert to higher tariffs on EU goods if Brussels misses July 4 deadline

The U.S. will revert to higher tariffs on European Union goods if Brussels fails to implement trade deal commitments before a July 4 deadline, U.S.

US says it will revert to higher tariffs on EU goods if Brussels misses July 4 deadline
Business|Economy|Finance|Stock Markets|World

Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources say

Jane Street pulled in a record haul of $16.1 billion in trading revenue for the first three months of the year, as the Wall Street market maker benefited

Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources say
Business|Economy|Finance|Stock Markets|Technology

Apple, Intel reach preliminary chip-making deal, WSJ reports

Intel has reached a preliminary deal to make some chips for Apple devices, the Wall Street Journal reported on Friday, in a potential boost to Intel's contract manufacturing business

Apple, Intel reach preliminary chip-making deal, WSJ reports
Business|Economy|Finance|Sports|Technology

NFL and referees agree on a 7-year collective bargaining agreement, avoiding potential work stoppage

The NFL and the NFL Referees Association have agreed on a new seven-year collective bargaining agreement that avoids a potential work stoppage and use of replacement officials

NFL and referees agree on a 7-year collective bargaining agreement, avoiding potential work stoppage
Business|Economy|Political|World

US forces strike two empty Iranian oil tankers, Central Command says

The U.S. military struck two empty Iranian-flagged oil tankers on Friday that it said were seeking to violate the ongoing U.S. blockade, U.S.

US forces strike two empty Iranian oil tankers, Central Command says
Business|Economy|Finance|US

Fed's Goolsbee tells CNBC that job market is holding in

Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that April hiring data shows more stability in the employment sector amid worrisome developments on the

Fed's Goolsbee tells CNBC that job market is holding in
Business|Economy|Finance|Stock Markets|US

Goldman Sachs' private credit fund cuts value by 3.7%

Goldman Sachs reported a decline in its private credit fund's value for the first quarter, as it saw an increase in unrealized losses and mark-downs in its portfolio,

Goldman Sachs' private credit fund cuts value by 3.7%
Business|Economy|Finance|Political|Stock Markets|World

Oil jumps after renewed US-Iran fighting, then pares gains

Brent crude futures jumped as much as 3% on Friday, a day after the U.S. and Iran traded air strikes, but pared gains as traders hoped for a longer pause in

Oil jumps after renewed US-Iran fighting, then pares gains
Business|Economy|US|World

Trump administration will win appeal of ruling against temporary tariffs, US trade chief says

U.S.

Trump administration will win appeal of ruling against temporary tariffs, US trade chief says
Economy|Europe|Political|World

Rubio presses Europe on Iran action as he seeks to mend ties with Italy and Vatican

U.S. Secretary of State Marco Rubio has urged European allies to move beyond rhetoric and take concrete action against Iran, even as he sought to repair strained ties with Italy and the Vatican

Rubio presses Europe on Iran action as he seeks to mend ties with Italy and Vatican
Business|Economy|Finance|US|World

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April

America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war

US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
Business|Economy|Finance|Stock Markets|Technology

Uber-backed Lime reveals revenue surge in US IPO filing

Lime, which operates an electric bike and scooter network and is backed by Uber Technologies, reported a jump in yearly revenue in its filing for a U.S. initial

Uber-backed Lime reveals revenue surge in US IPO filing
Economy|Europe|Political|World

Poland signs first loan deal as part of EU defence spending push

Poland has signed its loan agreement under a European Union defence financing programme, securing 43.7 billion euros to strengthen its military as the bloc steps up efforts

Poland signs first loan deal as part of EU defence spending push
Economy|Europe|Political|US|World

Rubio says US ties with Church can withstand Trump's criticism of Pope Leo

Secretary of State Marco Rubio on Friday said the United States can have a productive relationship with the Catholic Church despite tensions over President Donald

Rubio says US ties with Church can withstand Trump's criticism of Pope Leo
Business|Economy|Technology|World

Mercedes-Benz Trucks and Buses Argentina inaugurates $110 million plant

Mercedes-Benz Trucks and Buses Argentina on Friday inaugurated a $110 million industrial truck plant in Zárate, a municipality in Buenos Aires

Mercedes-Benz Trucks and Buses Argentina inaugurates $110 million plant
Business|Economy|Finance|Stock Markets|Technology

Wall St opens higher after jobs data, chip rebound

U.S. stocks opened higher on Friday after a stronger-than-expected employment report eased worries about a cooling labor market, while a rebound in chipmakers also bolstered investor

Wall St opens higher after jobs data, chip rebound
Business|Economy|Finance|Stock Markets

April jobs report shows continued strength

U.S. employment increased more than expected in April while the unemployment rate held steady at 4.3%, pointing to labor market resilience and reinforcing expectations that

April jobs report shows continued strength
Business|Economy|Finance|Stock Markets|US|World

US wholesale inventories jump in March amid surge in petroleum stocks

U.S. wholesale inventories posted solid gains in March as petroleum stocks surged, suggesting companies may have front-loaded supplies in response to the war with Iran.

US wholesale inventories jump in March amid surge in petroleum stocks
Business|Economy|Finance|Stock Markets|US

Strong US jobs data complicates any Warsh push for lower rates

By Michael S.

Strong US jobs data complicates any Warsh push for lower rates
Arts|Business|Economy|Entertainment|Technology

Sony, Nintendo grapple with memory price surge as AI boom constrains supply

Nintendo and Sony both flagged the impact from surging memory prices on their games

Sony, Nintendo grapple with memory price surge as AI boom constrains supply
Business|Economy|Entertainment|Technology

Rave files antitrust lawsuit against Apple over removal of video-sharing app

Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of

Rave files antitrust lawsuit against Apple over removal of video-sharing app
Business|Economy|Finance|Stock Markets|World

US consumer sentiment hits record low in early May

U.S. consumer sentiment slumped to a record low in early May as higher gasoline prices weighed on household finances and purchasing power, a survey showed on Friday.

US consumer sentiment hits record low in early May
Business|Economy|Technology|World

Bank of England's Bailey sees 'wrestle' with US on stablecoin regulation

Bank of England Governor Andrew Bailey said on Friday he expected there to be a "wrestle" between the United States and international regulators on the

Bank of England's Bailey sees 'wrestle' with US on stablecoin regulation
Business|Economy|Finance|Stock Markets|US|World

April hiring beat expectations, but economists warn the labor market is ‘frozen’

April hiring beat expectations, but economists warn the labor market is ‘frozen’

April hiring beat expectations, but economists warn the labor market is ‘frozen’
Business|Economy|Finance|World

Consumer sentiment declines to another new record low as Americans fret over Iran war

Consumer sentiment declines to another new record low as Americans fret over Iran war

Consumer sentiment declines to another new record low as Americans fret over Iran war
Business|Economy|Environment|Food

Trump administration settles meatpacking antitrust case in bid to bring down grocery prices

The Trump administration has reached a proposed settlement in an antitrust case against Agri Stats, a data-sharing company for the meatpacking industry

Trump administration settles meatpacking antitrust case in bid to bring down grocery prices
Business|Economy|Environment|Political|World

Alarmed ASEAN leaders adopt crisis plan to mitigate backlash from Middle East war

Southeast Asian leaders have adopted in an annual summit a contingency plan to mitigate the impact of the Iran war on their people and economies but acknowledged it will be difficult to enforce complex steps like establishing a regional fuel reserve to ensure a steady supply

Alarmed ASEAN leaders adopt crisis plan to mitigate backlash from Middle East war
Business|Economy|Education|Environment|Finance|Health|Science

Black, Hispanic, female and low-income elementary students are less likely to be identified with autism

New research shows that for every 10 boys identified with autism, only about two girls in a comparable situation were identified.

Black, Hispanic, female and low-income elementary students are less likely to be identified with autism
Economy|Environment|Opinion|Science|Technology

Why Trump’s $2 billion buyoff to cancel offshore wind farms is a bad deal for American taxpayers and the US energy supply

Communities have been laying the groundwork for offshore energy projects for years and counting on the jobs and energy supply.

Why Trump’s $2 billion buyoff to cancel offshore wind farms is a bad deal for American taxpayers and the US energy supply
Business|Economy|Finance|Stock Markets|Technology

Cloudflare's slowing growth disappoints investors betting on AI boost

Cloudflare shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary

Cloudflare's slowing growth disappoints investors betting on AI boost
Business|Economy|Environment|Europe|Technology|World

Russian drones swarm smaller Ukrainian power stations, data shows

Russia has increasingly focused its aerial attacks on small Ukrainian power substations, with increased drone capacity allowing it to

Russian drones swarm smaller Ukrainian power stations, data shows
Business|Economy|Political|World

Fed's Miran hopes Powell staying at Fed is transitional - Fox Business

By Michael S.

Fed's Miran hopes Powell staying at Fed is transitional - Fox Business
Business|Economy|Finance|Stock Markets|World

Global equity funds draw inflows for the seventh week on earnings optimism

Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement.

Global equity funds draw inflows for the seventh week on earnings optimism
Business|Economy|Finance|Stock Markets|World

Canada's unemployment rate rises to six-month high as full-time jobs drop

Canada's unemployment rate rose to a six-month high in April to 6.9% as the economy lost a net 17,700 jobs, Statistics Canada data showed on Friday,

Canada's unemployment rate rises to six-month high as full-time jobs drop
Business|Economy|Finance|Stock Markets|World

Private credit roundup: HSBC's big loss and an FSB warning

HSBC shocked markets with an unexpectedly large $400 million loss linked to a fraud case involving a British mortgage lender this week, turning the spotlight to banks and

Private credit roundup: HSBC's big loss and an FSB warning
Business|Economy|Finance|Stock Markets|US|World

US stock futures extend gains after April non-farm payrolls data

U.S. stock index futures extended gains on Friday after a stronger-than-expected jobs report signaled resilience in the labor market and eased concerns about a slowdown in the U.S.

US stock futures extend gains after April non-farm payrolls data
Business|Economy|Europe

Porsche AG to cut over 500 jobs as it sharpens focus on core business

Porsche AG said on Friday that it planned to cut more than 500 jobs as it discontinues three subsidiaries to focus on core business.

Porsche AG to cut over 500 jobs as it sharpens focus on core business
Economy|Europe|Political|World

Could UK PM Starmer be forced out after local election losses?

British Prime Minister Keir Starmer has vowed to carry on as leader after his Labour Party suffered heavy losses in local elections that have deepened doubts over his ability

Could UK PM Starmer be forced out after local election losses?
Asia|Business|Economy|Environment|Political|World

A massive 11,000-carat ruby has been unearthed in Myanmar’s war-scarred gemstone heartland

Miners in Myanmar have discovered a massive ruby, considered to be the second-largest by weight ever found in the country

A massive 11,000-carat ruby has been unearthed in Myanmar’s war-scarred gemstone heartland
Business|Economy|Finance|Stock Markets|US|World

US job growth beats expectations in April; unemployment rate steady at 4.3%

U.S. employment increased more than expected in April while the unemployment rate held steady at 4.3%, pointing to labor market resilience and

US job growth beats expectations in April; unemployment rate steady at 4.3%
Business|Economy|Environment|Technology|World

Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say

Rio Tinto is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers

Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say
Business|Economy|Education|Environment|Health

How Pennsylvania’s new paid leave bill leaves the sandwich generation behind

Pennsylvania’s proposed paid leave may not be enough for sandwich generation caregivers, who are raising children and supporting aging parents.

How Pennsylvania’s new paid leave bill leaves the sandwich generation behind
Business|Economy|Sports|World

American investors surging into English rugby after structural switch to US-style franchise model

American investment companies are turning their targets toward some of England’s top rugby clubs amid a structural change in the sport that will establish a U.S.-style franchise system where relegation and promotion are scrapped

American investors surging into English rugby after structural switch to US-style franchise model
Business|Economy|Entertainment|Finance|Stock Markets

Mattel investor asks CEO to consider go-private or sale

Mattel investor Southeastern Asset Management has called on CEO Ynon Kreiz to explore strategic options for the toy maker to be taken private or bought out by rival Hasbro.

Mattel investor asks CEO to consider go-private or sale
Business|Economy|Finance|Stock Markets|Technology

Logitech bets on AI, gaming and business users as it raises spending, CEO says

Logitech International will increase spending on product development and marketing this year, CEO Hanneke Faber said, even as concerns grow of a possible

Logitech bets on AI, gaming and business users as it raises spending, CEO says
Business|Economy|Finance|Stock Markets|World

Chip push, crude pull

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Chip push, crude pull
Business|Economy|Europe|World

'We are American': Acerinox considers NYSE listing for US arm

The head of Acerinox on Friday kept a door open for a possible New York listing of its U.S. business, which makes the bulk of the Spanish steelmaker's earnings

'We are American': Acerinox considers NYSE listing for US arm
Economy|Political|World

Putin is ready to talk with EU but won't make the first move, Kremlin says

Russian President Vladimir Putin is ready to negotiate with "everyone", including the Europeans, the Kremlin said on Friday after the Financial Times reported that European

Putin is ready to talk with EU but won't make the first move, Kremlin says
Business|Economy|Environment|Technology

Trump’s crackdown on China-linked solar firms stalls U.S. factory boom

Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over

Trump’s crackdown on China-linked solar firms stalls U.S. factory boom
Business|Economy|Finance|Stock Markets|Travel|World

Expedia tumbles as Middle East conflict, Mexico travel advisory hit bookings

Online travel agency Expedia's shares dropped 8% before the bell on Friday, after the ongoing conflict in the Middle East and a travel advisory in Mexico shaved about 200 basis

Expedia tumbles as Middle East conflict, Mexico travel advisory hit bookings
Business|Economy|Technology|US

Mercedes-Benz to recall about 144,000 US vehicles over display issues, NHTSA says

Mercedes-Benz is recalling 144,049 vehicles in the U.S. over instrument panel display issues, the U.S. National Highway Traffic Safety Administration said on Friday.

Mercedes-Benz to recall about 144,000 US vehicles over display issues, NHTSA says
Business|Economy|World

US container imports fell 5.5% in April on trade and geopolitical risks, Descartes says

U.S. container imports dropped 5.5% in April as importers contend with trade policy uncertainty and geopolitical risks, supply chain technology provider Descartes Systems Group said

US container imports fell 5.5% in April on trade and geopolitical risks, Descartes says
Business|Economy|Environment|Finance

US hybrid-car sales soar, along with gas prices

Many American car buyers are gravitating to hybrid vehicles to offset the recent surge in gas prices from the Iran war, according to fresh industry sales data and

US hybrid-car sales soar, along with gas prices
Business|Economy|Technology|World

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite

Iran’s ‘mosquito fleet’ means its battered navy still has bite
Asia|Business|Economy|Environment|Finance|Stock Markets|World

Trump on Tour

Shuttle diplomacy reaches a peak in the week to come as U.S. President Donald Trump heads to China and his finance chief visits Japan.

Trump on Tour
Asia|Economy|Political|World

Taiwan parliament approves extra defence spending but less than government wanted

Taiwan's opposition-controlled parliament approved extra defence spending of $25 billion on Friday, or just about two-thirds of the amount sought by the government to bolster

Taiwan parliament approves extra defence spending but less than government wanted
Business|Economy|Finance|Stock Markets|World

Toyota expects $4.3 billion hit from effects of Iran war

Japan's Toyota expects the effects of the Iran war to cost it about $4.3 billion this financial year, in one of the most significant warnings yet by a

Toyota expects $4.3 billion hit from effects of Iran war
Business|Economy|Technology

SoftBank cuts target for OpenAI margin loan, Bloomberg News reports

SoftBank Group has downsized plans for a $10 billion margin loan backed by its OpenAI stake after hesitation from some creditors, Bloomberg News reported on Friday, citing people

SoftBank cuts target for OpenAI margin loan, Bloomberg News reports
Africa|Business|Economy|Political|World

Stung by West Africa rejections, France courts rest of continent at Kenya summit

Shorn of influence in its former colonies in West Africa, France will seek to deepen ties elsewhere on the continent next week at an Africa summit in the

Stung by West Africa rejections, France courts rest of continent at Kenya summit
Business|Economy|Environment|Europe|World

Water levels on river Rhine in Germany rising after rain but vessels still part loaded

Rain has raised water levels on the river Rhine in Germany enabling vessels to sail with more cargo after shallow water hindered shipping this week, but sailings with full

Water levels on river Rhine in Germany rising after rain but vessels still part loaded
Economy|Food|World

World food prices rise to more than three year high in April, FAO says

World food prices climbed in April to their highest in more than three years, with vegetable oils particularly elevated due to the Iran war and the effective closure of the

World food prices rise to more than three year high in April, FAO says
Business|Economy|Europe|Finance|Political|Stock Markets|World

European shares slide as Middle East tensions flare

European shares slipped on Friday in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment at the end of a week dominated by

European shares slide as Middle East tensions flare
Business|Economy|Finance|World

Japan bets on Washington, BOJ for extra punch in yen battle

Japan is wagering that a hawkish shift at the Bank of Japan and an endorsement from U.S.

Japan bets on Washington, BOJ for extra punch in yen battle
Business|Economy|Europe|Finance|World

UK housing market slows as Iran war hits demand, Halifax data shows

British house prices fell in April for a second month in a row as concerns about the impact of the war in Iran hurt buyer demand and in annual terms they

UK housing market slows as Iran war hits demand, Halifax data shows
Business|Economy|Environment|Food|World

Some Unilever investors seek ESG reassurances in McCormick food deal

Some Unilever investors are pressing for the giant food entity created by a $65 billion deal with U.S. peer McCormick to

Some Unilever investors seek ESG reassurances in McCormick food deal
Business|Economy|Europe|World

Germany's March exports beat expectations, but industrial output falls

German exports rose unexpectedly in March, official data showed on Friday, lifted by higher demand from Europe, as industrial output fell despite a forecast

Germany's March exports beat expectations, but industrial output falls
Economy|Environment|Political|World

Poll shows Swiss evenly split on proposal to cap population at 10 million

Swiss voters are evenly split on whether to back a referendum proposal to restrict Switzerland's population to 10 million, an opinion poll showed on Friday.

Poll shows Swiss evenly split on proposal to cap population at 10 million
Arts|Business|Economy|Entertainment|Technology|World

Sony forecasts lower gaming business sales amid memory price surge

Sony forecast on Friday annual sales at its gaming business would fall 6% to 4.42 trillion yen ($28 billion) due to lower hardware sales as its PlayStation 5

Sony forecasts lower gaming business sales amid memory price surge
Business|Economy|Finance|Stock Markets|World

India's April consumer inflation likely rose to 3.8% as higher fuel costs weigh: Reuters poll

India's annual consumer inflation likely moved closer to the central bank's 4% medium-term target in April as higher fuel costs following the U.S.-Iran

India's April consumer inflation likely rose to 3.8% as higher fuel costs weigh: Reuters poll
Business|Economy|Europe|Finance|World

Commerzbank plans 3,000 job cuts, raises targets as it fends off UniCredit takeover

Commerzbank plans to cut 3,000 jobs to help it reach more ambitious profit targets as part of a strategy to fend off a takeover by Italy's

Commerzbank plans 3,000 job cuts, raises targets as it fends off UniCredit takeover
Business|Economy|Europe|World

ECB's Lagarde is sceptical of euro stablecoins

European Central Bank President Christine Lagarde expressed scepticism on Friday over the need for stablecoins pegged to the euro, saying they may hamper the ECB's own

ECB's Lagarde is sceptical of euro stablecoins
Asia|Business|Crime|Economy|Technology

US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports

A firm linked to Thailand's national AI initiative is suspected of helping smuggle billions of dollars' worth of Super Micro Computer servers containing advanced Nvidia chips to

US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports
Business|Crime|Economy|World

Former China Eastern Airlines chairman indicted on bribery charges

A former chairman of China Eastern Airlines Group has been indicted on bribery charges, China's top prosecutor said on Friday, the latest in a string of high-profile anti-

Former China Eastern Airlines chairman indicted on bribery charges
Business|Economy|Finance|Political|Stock Markets|US|World

Global perceptions of US fall below Russia under Trump, survey finds

Global perceptions of the U.S. have deteriorated for a second consecutive year and are now worse than views of Russia, an annual study on democracy published on

Global perceptions of US fall below Russia under Trump, survey finds
Business|Economy|Finance|Stock Markets|World

Iran price shock highlights limits of inflation-linked bonds

Inflation-linked bonds — despite the promise in their name — have stumbled along with the rest of the bond market as the Iran war drives

Iran price shock highlights limits of inflation-linked bonds
Asia|Business|Economy|Finance|Stock Markets|World

Markets cling on as ceasefire is tested

A look at the day ahead in European and global markets from Tom Westbrook Oil ticked higher and European futures wobbled on Friday, while the U.S. and Iran exchanged fire in the Middle East.

Markets cling on as ceasefire is tested
Business|Economy|Finance|Stock Markets|Technology

RBC lifts S&P 500 year-end target to 7,900 on AI optimism

RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient earnings growth and continued strength in artificial intelligence‑

RBC lifts S&P 500 year-end target to 7,900 on AI optimism
Business|Economy|Finance|World

China's April bank lending seen plunging amid soft credit demand: Reuters Poll

China's new bank lending likely plummeted to 300 billion yuan ($44.09 billion) in April, a Reuters poll showed on Friday, underscoring persistent weakness in credit demand

China's April bank lending seen plunging amid soft credit demand: Reuters Poll
Australia|Business|Economy|Finance|Stock Markets|World

Macquarie's $3.5 billion profit beats forecast on commodity and trading boost

Top Australian investment bank Macquarie Group reported an A$4.85 billion ($3.50 billion) full-year net profit on Friday, its second-largest ever, as the Middle East

Macquarie's $3.5 billion profit beats forecast on commodity and trading boost
Economy|Election|Environment|Europe|World

Hungary's incoming prime minister plans a 'regime-change celebration' to mark Orbán's departure

Péter Magyar takes office as Hungary's prime minister on Saturday, ending Viktor Orbán's 16-year rule

Hungary's incoming prime minister plans a 'regime-change celebration' to mark Orbán's departure
Asia|Business|Economy|Europe|Political|Science|Travel|World

British MPs to visit China this month, sources say

A cross-party delegation of British lawmakers will visit China this month, two

British MPs to visit China this month, sources say
Business|Economy|Environment|Political|World

ASEAN summit ends with only a push to fast-track oil share pact

Southeast Asian leaders were united on Friday in calling for a regional fuel-sharing framework to be ratified quickly, as their summit ended

ASEAN summit ends with only a push to fast-track oil share pact
Asia|Economy|Political|World

Paraguay 'deeply values' Taiwan ties, president says in Taipei

Paraguay "deeply values" its relations with Taiwan and will continue to offer support, President Santiago Pena said on Friday as he was formally welcomed in Taipei by

Paraguay 'deeply values' Taiwan ties, president says in Taipei
Business|Economy|Finance|Stock Markets|US|World

US job growth likely slowed in April as boost from temporary factors fades

U.S. job growth likely slowed in April as the boost from warmer weather and return of striking health workers faded, but that would not signal a

US job growth likely slowed in April as boost from temporary factors fades
Business|Economy|Political|Technology|World

Trump plans to bring a smaller CEO delegation to Beijing summit, sources say

The White House has invited a scaled-back CEO delegation to accompany President Donald Trump to Beijing next week, five sources

Trump plans to bring a smaller CEO delegation to Beijing summit, sources say
Asia|Business|Economy|Finance|Stock Markets|World

China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll

China's export growth likely quickened in April, a Reuters poll showed on Friday, as companies rushed to stockpile components from the manufacturing powerhouse amid fears

China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll
Business|Economy|World

US beef producers hope China access is on Trump-Xi summit menu

U.S. beef producers are hoping for a trade deal during the upcoming leaders' summit that could renew

US beef producers hope China access is on Trump-Xi summit menu
Business|Economy|Finance|Science|Technology

Australia regulator calls for urgent cybersecurity action to counter Mythos

Australia's corporate regulator has urged the country's financial sector to take urgent action on tackling potential cyber risks from frontier AI systems

Australia regulator calls for urgent cybersecurity action to counter Mythos
Business|Economy|Entertainment|World

Trump's China visit adds sparkle to July 4 celebrations for fireworks maker

Emblazoned on a box of Chinese fireworks is a picture of U.S.

Trump's China visit adds sparkle to July 4 celebrations for fireworks maker
Business|Economy|Education|World

China's finance ministry allocates $6.7 billion for pre-school education this year

China has allocated 45.8 billion yuan ($6.73 billion) in funding to support the development of pre-school education this year, state broadcaster CCTV said on Friday.

China's finance ministry allocates $6.7 billion for pre-school education this year
Business|Economy|Health|Science|Technology

Biotech firm Odyssey raises $279 million in upsized US IPO

Biopharmaceutical company Odyssey Therapeutics has raised $279 million in its upsized U.S. initial public offering, the company said on Thursday.

Biotech firm Odyssey raises $279 million in upsized US IPO
Business|Crime|Economy|Political|World

US launches review of Mexican consulates

The U.S.

US launches review of Mexican consulates
Business|Economy|World

Japan real wages climb for third month in March, backing case for BOJ rate hike

Japan's real wages rose 1% in March from a year earlier, government data showed on Friday, in a third straight month of gains that bolster the case for the Bank of Japan to

Japan real wages climb for third month in March, backing case for BOJ rate hike
Business|Economy|World

Japan service sector growth slows to 11-month low in April, PMI shows

Japan's service activity grew at its slowest pace in 11 months in April, as uncertainty and rising costs from the war in the Middle East weighed on sentiment, a private-sector

Japan service sector growth slows to 11-month low in April, PMI shows
Business|Economy|MidEast|Political|World

US and Iran exchange fire, but Trump says ceasefire still in effect

The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but

US and Iran exchange fire, but Trump says ceasefire still in effect
Business|Economy|Technology

Nvidia funds construction of Corning plants, in addition to equity investment

Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion

Nvidia funds construction of Corning plants, in addition to equity investment
Business|Economy|Political|World

US trade court rules Trump tariffs illegal, but issues narrow block

A U.S. trade court dealt another blow to President Donald Trump's tariff strategy, ruling that his latest 10% temporary global duties are

US trade court rules Trump tariffs illegal, but issues narrow block
Business|Economy|Political|World

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

The U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”

US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Business|Economy|World

Trump’s attempt to impose new 10% tariffs gets struck down by a panel of judges

Trump’s attempt to impose new 10% tariffs gets struck down by a panel of judges

Trump’s attempt to impose new 10% tariffs gets struck down by a panel of judges
Americas|Economy|Europe|Political|Travel|World

Rubio and Pope Leo discuss areas of disagreement after weeks of tensions with Trump

Rubio and Pope Leo discuss areas of disagreement after weeks of tensions with Trump

Rubio and Pope Leo discuss areas of disagreement after weeks of tensions with Trump
Crime|Economy|Political|US

DeSantis says 'Alligator Alcatraz' immigration detention center always was meant to be temporary

Florida Gov. Ron DeSantis says the immigration detention center known as “Alligator Alcatraz” always was meant to be temporary

DeSantis says 'Alligator Alcatraz' immigration detention center always was meant to be temporary
Business|Economy|Finance|Stock Markets|US

Shale producer Devon Energy approves $8 billion share buyback plan

U.S. oil and gas producer Devon Energy said on Thursday its board had approved a $8 billion share repurchase program, a week after activist investor Kimmeridge called for higher

Shale producer Devon Energy approves $8 billion share buyback plan
Business|Economy|Finance|Stock Markets|World

Trading Day: Markets draw breath

U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed

Trading Day: Markets draw breath
Business|Economy|Science|Technology|World

SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies

SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and

SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies
Business|Economy|US|World

Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court

A federal court has ruled against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court

Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court
Business|Economy|Science|Technology

CoreWeave signals higher capex as component costs rise, shares fall

CoreWeave Inc raised the lower end of its annual capital expenditure forecast on Thursday, citing a rise in the prices of components, sending the cloud infrastructure

CoreWeave signals higher capex as component costs rise, shares fall
Business|Economy|Finance|Stock Markets|World

Wynn Resorts logs quarterly profit above estimates on Macau gains

Casino operator Wynn Resorts beat Wall Street estimates for first-quarter profit on Thursday, driven by stronger business in Macau.

Wynn Resorts logs quarterly profit above estimates on Macau gains
Business|Economy|Political|World

Trump administration invites Nvidia, Boeing CEOs for China trip, report says

The Trump administration is inviting CEOs from Nvidia, Apple, Exxon, Boeing and other big companies to accompany the president on his trip to China next week, Semafor

Trump administration invites Nvidia, Boeing CEOs for China trip, report says
Economy|MidEast|Political|US|World

The Latest: US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz

The U_S_ military says it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces."

The Latest: US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Business|Economy|Finance|Stock Markets|Technology

Block raises annual gross profit outlook as Cash App stands out

Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses.

Block raises annual gross profit outlook as Cash App stands out
Business|Economy|Finance|Travel|World

Airbnb, Expedia flag demand hit as Middle East conflict drags on

Airbnb and Expedia on Thursday joined a growing list of travel companies warning that the Middle East conflict is weighing

Airbnb, Expedia flag demand hit as Middle East conflict drags on
Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Stock Markets

Estee Lauder reaches $210 million settlement over China sales practices

Estee Lauder has reached a $210 million settlement of a lawsuit accusing the cosmetic giant of defrauding shareholders by concealing its overdependence

Estee Lauder reaches $210 million settlement over China sales practices
Crime|Economy|Political|World

New York state set to ban law enforcement, including ICE, from wearing masks

New York state is set to ban law enforcement from wearing masks while on duty, Governor Kathy Hochul said on Thursday, a move that is likely to be challenged by the

New York state set to ban law enforcement, including ICE, from wearing masks
Business|Economy|Political|World

Auto groups urge Trump to extend trade deal with Mexico, Canada

Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S.

Auto groups urge Trump to extend trade deal with Mexico, Canada
Economy|World

Fed's Williams says demand remains robust for US government debt

By Michael S.

Fed's Williams says demand remains robust for US government debt
Americas|Business|Crime|Economy|Environment|Political|US|World

Brazil's Lula reports progress in relations with US after talks with Trump

Brazilian President Luiz Inacio Lula da Silva said on Thursday that three hours of White House talks with U.S.

Brazil's Lula reports progress in relations with US after talks with Trump
Business|Economy|Entertainment|Finance|Health

Monster Beverage beats estimates on strong demand for energy drinks 

Monster Beverage beat Wall Street expectations for first-quarter revenue and profit on Thursday, as demand for energy drinks remained strong despite broader economic uncertainty.

Monster Beverage beats estimates on strong demand for energy drinks 
Business|Economy|Finance|Stock Markets|Technology

Microchip Tech forecasts quarterly revenue above estimates on strong chip demand

Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its chips used in industrial and automotive sectors.

Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
Business|Economy|Finance|Stock Markets|Technology

Coinbase logs second straight quarterly loss as crypto trading momentum fades

Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the

Coinbase logs second straight quarterly loss as crypto trading momentum fades
Business|Economy|Health|Science

Gilead raises 2026 sales forecast, flags profit hit from acquisitions

Gilead Sciences posted a higher-than-expected first-quarter profit on Thursday and raised its outlook for 2026 sales, but projected an annual loss due

Gilead raises 2026 sales forecast, flags profit hit from acquisitions
Business|Economy|Environment|Political|World

UN experts warn US fuel blockade in Cuba puts human rights at risk

U.S.

UN experts warn US fuel blockade in Cuba puts human rights at risk
Business|Economy|Finance|Stock Markets|World

Argentina analysts hike up 2026 inflation, trim growth forecasts in central bank poll

Argentina analysts raised their estimates for the country's annual inflation this year and trimmed their economic growth expectations, according to a central bank

Argentina analysts hike up 2026 inflation, trim growth forecasts in central bank poll
Economy|Political|World

US isn't looking at imminent military action in Cuba despite Trump threats, AP sources say

Officials say the U_S_ isn't looking at imminent military action against Havana despite President Donald Trump’s threats that “Cuba is next.”

US isn't looking at imminent military action in Cuba despite Trump threats, AP sources say
Business|Economy|Finance|Political|US

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

New York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy
Arts|Business|Economy|Entertainment|Environment|Lifestyle

Flower shops plan deliveries carefully as gas prices surge

Flower shops plan deliveries carefully as gas prices surge

Flower shops plan deliveries carefully as gas prices surge
Business|Economy|Entertainment|Environment|Lifestyle

Community rallies to keep Grocery Store open after Fire

Community rallies to keep Grocery Store open after Fire

Community rallies to keep Grocery Store open after Fire
Business|Economy|Environment|Technology

'Very disappointed': Maricopa County supervisors approve controversial data center

'Very disappointed': Maricopa County supervisors approve controversial data center

'Very disappointed': Maricopa County supervisors approve controversial data center
Asia|Business|Economy|Technology

Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports

SoftBank Corp has begun discussions with U.S. chip giant Nvidia and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial

Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports
Business|Economy|Political|World

US-proposed Iran resolution at UN faces likely vetoes from China, Russia

The U.S. on Thursday urged countries to support its United Nations resolution demanding Iran halt attacks and mining of the Strait of Hormuz, but diplomats said China and Russia are

US-proposed Iran resolution at UN faces likely vetoes from China, Russia
Business|Economy|World

Brazil's April trade surplus jumps nearly 38% on rise in soy, oil exports

Brazil's trade surplus jumped 37.5% in April from a year earlier to $10.5 billion, a record for that month, government data showed on Thursday, buoyed by strong shipments

Brazil's April trade surplus jumps nearly 38% on rise in soy, oil exports
Asia|Business|Economy|Finance|Stock Markets|World

Stocks pull back, oil choppy as US-Iran peace deal remains in flux

U.S. and European stocks slipped on Thursday, as oil prices swung between gains and losses in volatile trading with investors still

Stocks pull back, oil choppy as US-Iran peace deal remains in flux
Americas|Business|Economy|Finance|Stock Markets|World

Bank of Mexico cuts interest rate in split vote, ending easing cycle

The Bank of Mexico cut its benchmark interest rate in a split decision on Thursday and said it was ending an over two-year-long easing cycle as it

Bank of Mexico cuts interest rate in split vote, ending easing cycle
Business|Economy|World

Argentina's industrial output grows 5% in March after eight months of decline

Argentina's industrial output grew 5.0% in March compared to the same month last year in non-seasonally adjusted terms, data from national statistics agency INDEC

Argentina's industrial output grows 5% in March after eight months of decline
Business|Economy|Finance|World

Fed's Hammack voices concern about 'inflationary mindset' taking hold

Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday that she hears concerns from businesses that an inflationary mindset is starting to become

Fed's Hammack voices concern about 'inflationary mindset' taking hold
Business|Economy|Political|US|World

Trump sets July 4 deadline for EU to comply with trade deal or face 'much higher' tariffs

U.S.

Trump sets July 4 deadline for EU to comply with trade deal or face 'much higher' tariffs
Business|Economy|Finance|Political|US|World

US to start revoking passports of parents who owe child support, AP reports

The State Department will begin revoking the U.S. passports of thousands of parents who owe a significant amount of unpaid child support, the Associated Press reported on

US to start revoking passports of parents who owe child support, AP reports
Business|Economy|World

US Justice Department settles Agri Stats meat pricing case

The U.S.

US Justice Department settles Agri Stats meat pricing case
Business|Economy|Finance|World

Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows

A series of well-timed market bets on falling oil prices totalling as much as $7 billion during March and April spread across multiple

Oil-price bets ahead of Iran war news totalled $7 billion, reporting shows
Business|Economy|Political|World

US imposes sanctions on Cuban military conglomerate, mining joint venture

The United States on Thursday imposed financial sanctions on a sprawling business conglomerate run by Cuba's

US imposes sanctions on Cuban military conglomerate, mining joint venture
Business|Economy|Finance|Stock Markets|Technology|World

S&P 500 ends down as chip stocks give up gains

The S&P 500 ended lower on Thursday, with Intel and other chip stocks retreating after a recent rally, while uncertainty around U.S.-Iran peace

S&P 500 ends down as chip stocks give up gains
Business|Economy|Finance|Stock Markets|Technology|World

Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes

Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, even as first-quarter ride volumes fell short of

Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes
Business|Economy|Finance|Science|Technology

How a mother of Elon Musk’s children became a key witness in his lawsuit against OpenAI

How a mother of Elon Musk’s children became a key witness in his lawsuit against OpenAI

How a mother of Elon Musk’s children became a key witness in his lawsuit against OpenAI
Business|Economy|Education|Sports|Travel

Mark Cuban donates $30,000 to College basketball team to help fund London trip

Mark Cuban donates $30,000 to College basketball team to help fund London trip

Mark Cuban donates $30,000 to College basketball team to help fund London trip
Business|Economy|Environment|Finance|Political|US|World

Trump-appointed FEMA Review Council proposes sweeping changes to federal disaster support

A council appointed by President Donald Trump has proposed significant changes to the Federal Emergency Management Agency

Trump-appointed FEMA Review Council proposes sweeping changes to federal disaster support
Economy|Finance|Travel|US

US will start revoking passports for thousands of parents who owe child support, AP learns

The State Department will begin revoking the U.S. passports of thousands of parents who owe a significant amount of unpaid child support

US will start revoking passports for thousands of parents who owe child support, AP learns
Business|Economy|Political|World

Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffs

President Donald Trump says goods from the European Union will face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4

Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffs
Business|Economy|Technology|World

Space analytics firm HawkEye valued at $3.15 billion after NYSE debut

HawkEye 360 shares jumped 30% in their New York Stock Exchange debut on Thursday, securing a $3.15 billion valuation and signaling strong

Space analytics firm HawkEye valued at $3.15 billion after NYSE debut
Business|Economy|Finance

Fed’s Daly says committed to 2% inflation goal, Bloomberg News reports

 San Francisco Federal Reserve President Mary Daly on Thursday said she was committed to returning inflation to the Fed’s 2% target, adding that there’s no indication yet that the

Fed’s Daly says committed to 2% inflation goal, Bloomberg News reports
Business|Economy|Finance|Stock Markets|US

MarineMax presses on with sale process as Donerail raises its bid, sources say

Recreational yacht retailer MarineMax is preparing to sell itself as one potential buyer recently raised its offer and at least one prominent private

MarineMax presses on with sale process as Donerail raises its bid, sources say
Business|Economy|Europe|Finance|Stock Markets|World

ECB's Schnabel bolsters rate hike bets, warns of 'quiet erosion' of central bank independence

One of the European Central Bank's top policymakers warned on Thursday of the rising risk of higher inflation in the wake of the Iran war and

ECB's Schnabel bolsters rate hike bets, warns of 'quiet erosion' of central bank independence
Business|Economy|Technology|US|World

DOJ antitrust head warns dealmakers not to mislead on AI

The U.S.

DOJ antitrust head warns dealmakers not to mislead on AI
Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil prices settle 1% lower in volatile trading after US mulls resuming Strait of Hormuz military escorts

Oil prices swung between gains and losses in volatile trading on Thursday, ultimately settling lower after a report said Saudi Arabia and Kuwait lifted

Oil prices settle 1% lower in volatile trading after US mulls resuming Strait of Hormuz military escorts
Business|Economy|Europe|Finance|Stock Markets|World

ECB's Schnabel sees 'disconnect' between stock market valuations and geopolitics

European Central Bank board member Isabel Schnabel said on Thursday that there appeared to be a disconnect between record stock market valuations and the risks facing the

ECB's Schnabel sees 'disconnect' between stock market valuations and geopolitics
Business|Economy|Technology

Blue Owl will reduce private credit exposure to software

Blue Owl's biggest publicly traded private credit fund will look to reduce its exposure to software, the fund's chief executive said, as uncertainty about

Blue Owl will reduce private credit exposure to software
Business|Economy|Technology

Verizon cutting a few hundred jobs nationwide

U.S. wireless carrier Verizon said on Thursday it is cutting a few hundred jobs nationwide as it continues work to revamp its operations.

Verizon cutting a few hundred jobs nationwide
Business|Crime|Economy|Education|Entertainment|Environment|Finance|Interview|Lifestyle|Stock Markets|US|Videos

Thief rips airbag out of Chevy Trailblazer, leaves owner with $2K repair bill

Thief rips airbag out of Chevy Trailblazer, leaves owner with $2K repair bill

Thief rips airbag out of Chevy Trailblazer, leaves owner with $2K repair bill
Business|Economy|Finance|Stock Markets|US|World

Whirlpool has been rattled by rising costs and that now means higher prices for customers

With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business

Whirlpool has been rattled by rising costs and that now means higher prices for customers
Economy|Health|Political|Science|US

Republican Sen. Susan Collins discloses her longtime tremor after scrutiny in Maine's Senate race

Republican Maine Sen. Susan Collins says she has long had a condition called an essential tremor

Republican Sen. Susan Collins discloses her longtime tremor after scrutiny in Maine's Senate race
Business|Economy|Finance|World

Fed's Hammack says rates likely on hold 'for quite some time' amid elevated inflation

By Michael S.

Fed's Hammack says rates likely on hold 'for quite some time' amid elevated inflation
Economy|Finance|World

Germany's tax experts cut revenue forecast, adding pressure on strained budget

Germany's council of tax experts cut its forecast for tax revenues over the next five years, heaping more pressure on a government already

Germany's tax experts cut revenue forecast, adding pressure on strained budget
Business|Economy|Political|World

US targets Iraq oil official and militias with sanctions for aiding Iran

The U.S. imposed sanctions on Thursday on Iraq's deputy oil minister and militias over support for Iran, the Treasury Department said.

US targets Iraq oil official and militias with sanctions for aiding Iran
Business|Economy|Europe|World

Airbus April deliveries at 67, trails year-ago

Airbus said it delivered fewer aircraft in the year to April than in the same period a year earlier, underscoring the pressure on the European planemaker to accelerate handovers to

Airbus April deliveries at 67, trails year-ago
Economy|Europe|Political|World

British voters have spoken in local elections seen as a verdict on Keir Starmer's leadership

British voters have cast ballots in local and regional elections that could determine the fate of Prime Minister Keir Starmer

British voters have spoken in local elections seen as a verdict on Keir Starmer's leadership
Business|Economy|Sports|Travel|US

After outcry, NJ Transit reduces round-trip ticket price to World Cup games

After outcry, NJ Transit reduces round-trip ticket price to World Cup games

After outcry, NJ Transit reduces round-trip ticket price to World Cup games
Economy|Education|Environment|Health

A couple is working to protect a vital resource in a Texas village

A couple is working to protect a vital resource in a Texas village

A couple is working to protect a vital resource in a Texas village
Business|Economy|Sports

WNBA’s new CBA sets blueprint as emerging women’s leagues chart their own path

The WNBA’s landmark new collective bargaining agreement is setting a higher standard for player pay and benefits, offering a roadmap for emerging women’s leagues like the WPBL, PWHL and WER

WNBA’s new CBA sets blueprint as emerging women’s leagues chart their own path
Business|Economy|US|World

US construction spending rebounds in March

U.S. construction spending rebounded in March, boosted by a surge in single-family homebuilding, but higher mortgage rates could limit further gains.

US construction spending rebounds in March
Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Stock Markets

Coach parent sees muted quarterly revenue growth, shares slip

Tapestry said on Thursday it expects subdued revenue growth in the current quarter and margin pressure across its brands, adding to concerns around weak luxury

Coach parent sees muted quarterly revenue growth, shares slip
Business|Economy|Finance|World

NY Fed finds stability in longer-run inflation views in April

By Michael S.

NY Fed finds stability in longer-run inflation views in April
Business|Economy|Finance|Stock Markets

Blackstone, BlackRock cut value of their private credit funds

Asset managers Blackstone and BlackRock cut the value of their private credit funds in the first quarter, they said on Thursday, citing markdowns on troubled loans to

Blackstone, BlackRock cut value of their private credit funds
Business|Economy|Finance|Food|Stock Markets

McDonald's sees weak start to Q2 as high gas prices dent consumer sentiment

McDonald's CEO Chris Kempczinski said on Thursday higher gas prices linked to the Iran war were disproportionately hurting low‑income consumers, as the burger chain

McDonald's sees weak start to Q2 as high gas prices dent consumer sentiment
Business|Economy|Finance|Stock Markets|US

Whirlpool shares hit 14-year low after slashing annual targets, suspending dividend

Whirlpool shares plunged to their lowest in more than 14 years on Thursday, after the home appliance maker slashed its full-year profit forecast

Whirlpool shares hit 14-year low after slashing annual targets, suspending dividend
Business|Economy|Technology|World

19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce

The U.S. and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday launched their own pact to not impose

19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce
Business|Economy|Entertainment|Health|Interview|Lifestyle|Travel

'Our spirit has been taken from us': Former Spirit Airlines employee fighting cancer faces uncertain future

'Our spirit has been taken from us': Former Spirit Airlines employee fighting cancer faces uncertain future

'Our spirit has been taken from us': Former Spirit Airlines employee fighting cancer faces uncertain future
Business|Crime|Economy|Travel|US

2 Southwest planes clip each other at BWI airport

2 Southwest planes clip each other at BWI airport

2 Southwest planes clip each other at BWI airport
Business|Economy|Food

McDonald's focus on value lifts first-quarter sales, but company says gas prices could dent demand

McDonald’s posted better-than-expected sales in the first quarter but said high gas prices and consumer anxiety could dent sales this spring

McDonald's focus on value lifts first-quarter sales, but company says gas prices could dent demand
Business|Economy|Finance|MidEast|Political|World

These numbers show the global impact of Iran's grip on the Strait of Hormuz

Iran’s grip on the Strait of Hormuz has jolted the world economy

These numbers show the global impact of Iran's grip on the Strait of Hormuz
Business|Economy|Finance|Stock Markets|US

Citigroup targets stronger profitability as CEO Fraser drives overhaul

Citigroup laid out stronger profitability targets for the next two years at its investor day on Thursday, as CEO Jane Fraser

Citigroup targets stronger profitability as CEO Fraser drives overhaul
Business|Economy|Finance|US|World

US labor market stable as layoffs remain low

The number of Americans filing claims for unemployment benefits rose moderately last week amid low layoffs, underscoring labor market stability and

US labor market stable as layoffs remain low
Business|Economy|Finance|Stock Markets|US

Blackstone cuts value of private credit fund in first quarter

Asset manager Blackstone cut the value of its private credit fund Blackstone Secured Lending Fund in the first quarter, it said on Thursday.    

Blackstone cuts value of private credit fund in first quarter
Business|Economy|Finance|Political|Stock Markets|World

Dollar firms as Middle East tensions keep investors on edge

The dollar erased early losses to trade with a firm tone against most major currencies on Thursday as investors weighed hopes for a de-escalation in

Dollar firms as Middle East tensions keep investors on edge
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq touch fresh peaks as oil retreats further

The S&P 500 and the Nasdaq touched record highs on Thursday as oil prices plunged further on hopes of a U.S.-Iran peace agreement that could potentially normalize crude supplies

S&P 500, Nasdaq touch fresh peaks as oil retreats further
Business|Economy|Europe|Technology

Germany's OHB to consider legal action if EU clears Airbus, Thales, Leonardo satellite merger

German satellite maker OHB will consider legal action if EU antitrust regulators approve a planned merger of the satellite businesses of Airbus, Thales and

Germany's OHB to consider legal action if EU clears Airbus, Thales, Leonardo satellite merger
Economy|Sports|Technology|World

From cricket’s capital to Olympic ambitions, India’s next play on the world sports stage

India is expanding its influence in international sports, with the 2030 Commonwealth Games set for Ahmedabad and a bid for the 2036 Olympics in the same city

From cricket’s capital to Olympic ambitions, India’s next play on the world sports stage
Asia|Business|Economy|Environment|MidEast|Travel|World

Indian seafarers endured nightly blasts, lack of food in Iran war ordeal

Nightly explosions of drones and missiles terrified Indian sailor Tithi Chiranjeevi after his ship was stranded in Iran for more than a month by the Strait

Indian seafarers endured nightly blasts, lack of food in Iran war ordeal
Business|Economy|Food

Papa John's misses quarterly results estimates as living costs soar

Papa John's International missed expectations for first-quarter revenue and profit on Thursday as the pizza chain failed to draw diners, especially in its U.S. market, at a time when

Papa John's misses quarterly results estimates as living costs soar
Business|Economy|Health|Technology|World

Novo and Lilly gain on signs weight-loss pills could expand the market

Early data from weight-loss pills are lifting shares in Novo Nordisk and Eli Lilly as investors bet that easier-to

Novo and Lilly gain on signs weight-loss pills could expand the market
Business|Economy|Political|World

Wall Street banks plan final push on capital rules

Wall Street banks will push again to shrink capital charges on credit card lines and globally important U.S. lenders as they make a final bid to win

Wall Street banks plan final push on capital rules
Business|Economy|Environment|Finance|Stock Markets|US|World

Cheniere reports Q1 loss but raises 2026 outlook on higher LNG output, margins

Cheniere Energy said on Thursday that Middle East supply disruptions were tightening global LNG markets and increasing competition for flexible U.S

Cheniere reports Q1 loss but raises 2026 outlook on higher LNG output, margins
Africa|Economy|Political|World

Congo president raises prospect of third term and vote delay, angering opposition

Democratic Republic of Congo President Felix Tshisekedi said he was open to standing for a third term, angering opposition politicians who accused him of

Congo president raises prospect of third term and vote delay, angering opposition
Business|Economy|Science|Technology|World

US productivity slows further in first quarter

U.S. worker productivity growth slowed further in the first quarter, but a reversal was likely as businesses invest heavily in artificial intelligence.

US productivity slows further in first quarter
Economy|Political|World

What's included in talks to end the Iran war and reopen Hormuz?

LONDON, May 7 - With the standoff over the frozen Iran war threatening a global economic meltdown, Washington and Tehran have scaled back their efforts to agree a comprehensive peace deal and now seek

What's included in talks to end the Iran war and reopen Hormuz?
Business|Economy|Finance|Political|Stock Markets|World

Chile central bank weighed rate hike in April amid global uncertainty, minutes show

Policymakers at Chile's central bank considered the option of raising interest rates at their April meeting amid global uncertainty stemming from the U.S.-Israeli war on

Chile central bank weighed rate hike in April amid global uncertainty, minutes show
Business|Economy|Food|Lifestyle|Travel|World

Canada is kicking its US booze habit as trade tensions persist

Canada’s shunning of beer, wine and spirits from the US is a textbook example of how market access for politically exposed goods can quickly unravel.

Canada is kicking its US booze habit as trade tensions persist
Business|Economy|Finance|US|World

US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds

U.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds

US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds
Business|Economy|Finance|US|World

What everyone is missing about Mamdani’s plan to tax Ken Griffin’s $238 million penthouse

What everyone is missing about Mamdani’s plan to tax Ken Griffin’s $238 million penthouse

What everyone is missing about Mamdani’s plan to tax Ken Griffin’s $238 million penthouse
Business|Economy|Education|Election|Environment|Finance|Political|Stock Markets|US|World

Tensions over pro-Israel lobbying group highlight rifts in Democratic primaries

A growing number of Democratic primary challengers are making opposition to the American Israel Public Affairs Committee a campaign issue as they seek to

Tensions over pro-Israel lobbying group highlight rifts in Democratic primaries
Business|Economy|Environment|World

Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz

With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several

Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz
Americas|Business|Crime|Economy|World

Brazil senator targeted with search warrant as Banco Master probe widens

Brazil's federal police on Thursday served a search and seizure warrant on Senator Ciro Nogueira as part of a widening probe into now-defunct lender Banco

Brazil senator targeted with search warrant as Banco Master probe widens
Business|Economy|Finance|Health|Stock Markets|US

Kenvue beats first-quarter estimates amid pending acquisition by Kimberly-Clark

Tylenol-maker Kenvue on Thursday beat Wall Street estimates for first-quarter revenue and profit helped by strong sales in its skin health and beauty brands.

Kenvue beats first-quarter estimates amid pending acquisition by Kimberly-Clark
Business|Economy|Environment|Finance|Stock Markets|Technology

EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins

Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pressure and U.S. tariffs offset stronger sales, sending its

EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins
Business|Economy|Finance|Food|Stock Markets

Shake Shack swings to quarterly loss, names new CFO; shares fall 20%

Fast food chain operator Shake Shack on Thursday swung to a quarterly loss and missed revenue estimates, sending its shares down 20% in premarket trading.

Shake Shack swings to quarterly loss, names new CFO; shares fall 20%
Business|Economy|Environment|Finance|Stock Markets

Americold forms cold storage joint venture with investment firm EQT

Americold Realty Trust said on Thursday it has formed a joint venture with investment firm EQT's Active Core Infrastructure fund that would focus on cold-storage warehouses in North

Americold forms cold storage joint venture with investment firm EQT
Business|Economy|Environment|Technology|World

Iran war to accelerate China's shift to electric trucks from diesel

The jump in diesel prices triggered by the Iran war is expected to accelerate electrification of China’s heavy truck fleet this year, analysts

Iran war to accelerate China's shift to electric trucks from diesel
Business|Economy|Environment|Technology

The Pentagon is delaying wind power development — even on private land

The Pentagon is delaying wind power development — even on private land

The Pentagon is delaying wind power development — even on private land
Business|Economy|Finance|World

Moody's sees South Africa debt stabilizing as reforms boost outlook

By Colleen Goko JOHANNESBURG, May 7 - South Africa's improving fiscal performance and reform momentum should help government debt stabilise this year before gradually declining, Moody's Ratings said

Moody's sees South Africa debt stabilizing as reforms boost outlook