U.S. World Business Lifestyle
Today: May 19, 2026
Today: May 19, 2026

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Business|Economy|Finance|World

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

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

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Business|Economy|World

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

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

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

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

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

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

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

U.S. wholesale inflation came in hot last month

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

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

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

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

How has the Iran war affected Middle East states?

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

How has the Iran war affected Middle East states?
Business|Crime|Economy|Europe|Finance|Political|World

Iran war brings Turkey-PKK peace process to near standstill

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

Iran war brings Turkey-PKK peace process to near standstill
Arts

Swiss considering rival air defences after Washington delays Patriots over Iran war

Switzerland said on Wednesday it will look into whether to buy air-defence systems from other suppliers, after the United States informed it that long-delayed Patriot

Swiss considering rival air defences after Washington delays Patriots over Iran war
Business|Economy|Finance|World

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

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

India races to shield economy from Iran war-driven oil shock, capital stress
Business|Crime|Economy|Education|Environment|Political|World

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

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

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Business|Economy|Finance|Stock Markets|World

Japanese investors sell foreign stocks in April as energy costs rise

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

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

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

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

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply
Economy|Health|Political|World

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

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

The Latest: Trump departs for high-stakes China summit as Iran war looms
Business|Economy|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
Political|Technology|World

Trump and Hegseth claim 'control' over Iran and the Strait of Hormuz as ceasefire talks are stalled

Kuwait has accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Gulf Arab nation

Trump and Hegseth claim 'control' over Iran and the Strait of Hormuz as ceasefire talks are stalled
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
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|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|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
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|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
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|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
Europe|MidEast|Political|World

Zelenskiy holds call with UAE counterpart

President Volodymyr Zelenskiy on Monday discussed with the United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan UAE's assistance in bringing Ukrainians back from

Zelenskiy holds call with UAE counterpart
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
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
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
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
Europe|MidEast|Political|US|World

The Latest: Trump says a 3-day Russia-Ukraine ceasefire may be 'beginning of the end'

President Donald Trump says the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and an exchange of prisoners

The Latest: Trump says a 3-day Russia-Ukraine ceasefire may be 'beginning of the end'
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
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
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|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
Europe|MidEast|Political|World

Rubio questions allies' support on Iran following Italy talks

U.S.

Rubio questions allies' support on Iran following Italy talks
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|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
Americas|Europe|Political|US|World

Vatican's careful words on Pope-Rubio meeting imply deep Trump tensions

A Vatican statement after Pope Leo's meeting with U.S.

Vatican's careful words on Pope-Rubio meeting imply deep Trump tensions
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|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
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|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
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
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|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|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|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
Crime|Health|MidEast|Political|World

After Beirut strike, Netanyahu says 'no immunity' for militants

Prime Minister Benjamin Netanyahu said on Thursday there was no "immunity" for Israel's enemies, a day after the Israeli military targeted a

After Beirut strike, Netanyahu says 'no immunity' for militants
Europe|MidEast|Political|US|World

Can Trump pull thousands of US troops out of Germany?

President Donald Trump announced that he will withdraw 5,000 U.S. troops from Germany as a rift over the Iran war widens between the Republican's

Can Trump pull thousands of US troops out of Germany?