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Today: June 10, 2026
Today: June 10, 2026

Economy

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Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion in 2025, according to the Wall Street bank's forecasts shared with a

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Business|Economy|Finance|Stock Markets|World

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock

By Michael S.

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock
Business|Economy|Finance|Stock Markets|Technology

CrowdStrike shares fall as 'Mythos moment' fails to cheer investors

CrowdStrike shares slid 7% on Thursday after the company's quarterly forecasts failed to meet steep investor expectations, even though demand for

CrowdStrike shares fall as 'Mythos moment' fails to cheer investors
Business|Economy|Europe|Political|World

Romanian president nominates adviser Eugen Tomac as prime minister

Romania's centrist President Nicusor Dan designated his adviser Eugen Tomac as prime minister on Thursday, seeking to end a political crisis that has stalled policymaking

Romanian president nominates adviser Eugen Tomac as prime minister
Business|Economy|Environment|Finance|Technology

Walmart investors reject AI workplace report as automation expands in the US

By Nicholas P.

Walmart investors reject AI workplace report as automation expands in the US
Business|Economy|Political|US|World

The $9 billion issue at the heart of US-Cuba tensions

The $9 billion issue at the heart of US-Cuba tensions

The $9 billion issue at the heart of US-Cuba tensions
Business|Crime|Economy|Finance|Stock Markets|US

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases

The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases
Business|Economy|Technology

US first-quarter worker productivity, labor costs revised lower

U.S. worker productivity growth slowed faster than initially thought in the first quarter, but the underlying trend remained strong and a boost is expected from

US first-quarter worker productivity, labor costs revised lower
Business|Economy|Europe|Technology|World

Airbus delivered 81 jets in May after China logjam eases

Airbus delivered 81 aircraft in May, up sharply from a year earlier, partly due to the release of planes caught up in a regulatory stand-off with China, industry sources said

Airbus delivered 81 jets in May after China logjam eases
Business|Economy|World

Mexico economy may beat OECD forecast, finance minister says

Mexico's economy could grow more than the OECD's latest forecast, Finance Minister Edgar Amador Zamora said in an interview with newspaper Milenio published late on

Mexico economy may beat OECD forecast, finance minister says
Business|Economy

US Postal Service not expected to run out of cash next year, official says

The U.S.

US Postal Service not expected to run out of cash next year, official says
Business|Economy|Finance|Stock Markets|Technology|World

S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks

The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record

S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks
Business|Economy|Finance|Stock Markets|World

Private credit funds face renewed withdrawals in second quarter

Private credit funds sold to wealthy investors face another test in the second quarter, as early filings point to continued redemption pressures driven by concerns over software

Private credit funds face renewed withdrawals in second quarter
Economy|Europe|Political|World

Germany and France pitch swifter benefits for EU hopefuls in Balkans, Moldova

Germany and France have proposed giving aspiring European Union members more opportunities to join EU programmes and access the single market before joining the bloc,

Germany and France pitch swifter benefits for EU hopefuls in Balkans, Moldova
Business|Economy|Finance|Political|Stock Markets

US Supreme Court backs SEC in fight over 'disgorgement' power

The U.S.

US Supreme Court backs SEC in fight over 'disgorgement' power
Asia|Economy|Finance|Stock Markets|US|World

Yen touches 160, dollar slips from two-month high amid Iran talks

The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the

Yen touches 160, dollar slips from two-month high amid Iran talks
Business|Economy|Finance|Stock Markets|Technology|US

Pinterest deepens Amazon partnership with $4 billion cloud deal

Pinterest said on Thursday it would pay Amazon Web Services $4 billion for cloud services through 2031, as the social media company strengthens a long-term partnership with its

Pinterest deepens Amazon partnership with $4 billion cloud deal
Business|Economy|Technology

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
Business|Economy|Finance|Stock Markets|Technology

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week

Geoffrey Kendrick, the global head of digital assets research at Standard Chartered and one of the most vocal crypto advocates, is sticking with his call for

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week
Business|Economy|Finance|Stock Markets

Blackstone private credit fund caps withdrawals as redemption requests jump

Blackstone has capped withdrawals at its ​flagship private credit fund as redemption requests rose in the second quarter, the

Blackstone private credit fund caps withdrawals as redemption requests jump
Business|Crime|Economy|Environment|Lifestyle

More than 50 Colorado drivers run over screws that fell off truck on Highway 285

More than 50 Colorado drivers run over screws that fell off truck on Highway 285

More than 50 Colorado drivers run over screws that fell off truck on Highway 285
Business|Economy|Health|Lifestyle|World

Melinda French Gates donates $215 million to improve women's health worldwide

Melinda French Gates is expanding her efforts to improve women's health worldwide, pledging $215 million for contraceptive access and maternal care, as well as initiatives for middle-age women

Melinda French Gates donates $215 million to improve women's health worldwide
Business|Economy|Finance|Health|US

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report
Americas|Arts|Business|Crime|Economy|Entertainment|Europe|Finance|Interview|Lifestyle|Political|Stock Markets|US|Videos|World

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation
Business|Economy|Finance|Political|World

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February
Arts|Business|Economy|Entertainment|Europe|Finance|Stock Markets

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails

Universal Music Group said on Thursday it has repurchased some

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails
Economy|Environment|Health|Science|World

Hungary reports African swine fever in domestic pigs for first time

Hungarian authorities ordered the culling of 3,000 pigs on a farm after African swine fever was reported in domestic pigs for the first time in the country, the National

Hungary reports African swine fever in domestic pigs for first time
Business|Economy|Education|Environment|Political|World

Brunei's sultan announces cabinet shake-up, appoints sons as ministers

Brunei's ruler announced a major cabinet reshuffle on Thursday, creating new key portfolios and appointing two of his younger sons as ministers, in a sign of

Brunei's sultan announces cabinet shake-up, appoints sons as ministers
Asia|Business|Economy|Technology|World

Singapore Airlines in talks for major new jet order, sources say

Singapore Airlines (SIA) is in talks with Airbus and Boeing to buy at least 50 of the industry's biggest jets, as it plans a next phase

Singapore Airlines in talks for major new jet order, sources say
Economy|Education|Science|Technology

We analyzed paper money printed by Ben Franklin to uncover his anti‑counterfeiting techniques and materials innovations

Ben Franklin led an effort to print paper bills in the American colonies, after a coin shortage constrained the economy.

We analyzed paper money printed by Ben Franklin to uncover his anti‑counterfeiting techniques and materials innovations
Business|Economy|World

Canadian dollar will strengthen if progress made in USMCA review: Reuters poll

Canada's dollar will strengthen over the coming year against its U.S. counterpart so long as the domestic economy recovers and progress is made in the

Canadian dollar will strengthen if progress made in USMCA review: Reuters poll
Business|Economy|Finance|Stock Markets|US

Jack Daniel's maker Brown-Forman posts stronger sales, sees challenging demand ahead

Whiskey maker Brown-Forman on Thursday warned of strained consumer spending behavior for the year even as the Jack Daniel's maker reported better-than-expected quarterly sales on

Jack Daniel's maker Brown-Forman posts stronger sales, sees challenging demand ahead
Arts|Economy|Education|Entertainment|Environment|Finance|Health|Lifestyle|Political|Science|Sports|Technology|World

Coloradans are getting squeezed by credit cards while trying to navigate high costs

About a third of Americans report using high-interest credit cards for everyday expenses as costs continue to rise.

Coloradans are getting squeezed by credit cards while trying to navigate high costs
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase to four-month high; worker productivity revised down

The number of Americans filing claims for unemployment benefits increased more than expected last week, touching their highest level in four months,

US weekly jobless claims increase to four-month high; worker productivity revised down
Business|Economy

Zohran Mamdani’s capitalist plan to fix the housing crisis

Zohran Mamdani’s capitalist plan to fix the housing crisis

Zohran Mamdani’s capitalist plan to fix the housing crisis
Business|Economy|Finance|Stock Markets|Technology

Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations

Broadcom set to shed $300 billion in value as AI results fail to impress
Business|Economy|Education|Environment|Europe|Finance|Science|Stock Markets|Technology|World

Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10

Amazon unveils new AI warehouse robot in $12 billion Europe push
Business|Economy|Environment|Science|Technology

US Senate faces tough vote on nationwide E15 gasoline sales expansion

Supporters of a long-stalled push to expand nationwide sales of higher-ethanol E15 gasoline are pursuing an uphill

US Senate faces tough vote on nationwide E15 gasoline sales expansion
Business|Economy|World

Britain plays down concern on India trade deal, hints at implementation delay

Talks between Britain and India on implementing a free trade deal are moving quickly and going well, trade minister Peter Kyle said, suggesting the deal

Britain plays down concern on India trade deal, hints at implementation delay
Economy|Europe|Political|World

German far-right AfD party official meets with Putin adviser, Gazprom boss

A senior member of Germany's far-right Alternative for Germany (AfD) met one of Russian President Vladimir Putin's top advisers as well as the head of energy group Gazprom

German far-right AfD party official meets with Putin adviser, Gazprom boss
Africa|Crime|Economy|Political|World

African migrants flee into the mountains as South Africa's xenophobic violence surges

Four days ago, Mozambican immigrant Lado Amido answered a knock at his door in the South African town of Kleinmond.

African migrants flee into the mountains as South Africa's xenophobic violence surges
Business|Economy|Election|Finance|Political|World

Peru's leftist Roberto Sanchez seeks centrist appeal ahead of presidential runoff

Left-wing congressman Roberto Sanchez is striking a more pragmatic tone ahead of Peru’s June 7 presidential runoff against conservative

Peru's leftist Roberto Sanchez seeks centrist appeal ahead of presidential runoff
Business|Economy|World

India sees 'perfect complimentarity' with Venezuela in energy trade amid Gulf crisis

India and Venezuela sought to boost their ties in the energy sector on Thursday with New Delhi saying that Caracas sees it as a preferred partner in the sector at a time

India sees 'perfect complimentarity' with Venezuela in energy trade amid Gulf crisis
Economy|Europe|Political|World

EU preparing economic support package for Armenia after Russian pressure on it

The European Union is preparing an economic support package worth an initial amount of €50 million ($58.1 million) for Armenia after Russia hit Armenia with some trade

EU preparing economic support package for Armenia after Russian pressure on it
Economy|Political|World

Lebanon ceasefire raises hopes of progress for Iran deal

Israel and Lebanon agreed to implement a new ceasefire after U.S.-mediated talks, the Trump administration said, raising hopes for

Lebanon ceasefire raises hopes of progress for Iran deal
Business|Economy|Finance|Stock Markets|World

Summer clouds

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The S&P 500 failed to clock its 10th straight daily gain on Wednesday

Summer clouds
Business|Economy|Europe|Finance|World

EU delays bank risk capital framework by three years, awaiting US, standards

The European Commission will delay the introduction of a new market risk capital framework for banks for three years to see how the U.S. and Britain implement the same

EU delays bank risk capital framework by three years, awaiting US, standards
Business|Economy|Political|World

India's Modi meets Delcy Rodriguez as India expands Venezuela oil imports

Indian Prime Minister Narendra Modi has held talks with Venezuela’s acting President Delcy Rodriguez

India's Modi meets Delcy Rodriguez as India expands Venezuela oil imports
Australia|Business|Economy|Technology|World

Australia's Lynas Rare Earths names Pol Le Roux interim CEO

Australia's Lynas Rare Earths said on Thursday that Chief Operating Officer Pol Le Roux will take over as interim CEO from June 30, marking a leadership transition at the world's

Australia's Lynas Rare Earths names Pol Le Roux interim CEO
Business|Economy|Europe|Finance|Stock Markets|World

UK construction activity shrinks at fastest pace since 2020, PMI shows

Activity in Britain's construction sector slowed at the sharpest pace in six years last month as economic uncertainty and rising inflation triggered by the Iran war led to a

UK construction activity shrinks at fastest pace since 2020, PMI shows
Business|Economy|Finance|Stock Markets|World

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports

Broadcaster Fuji Media Holdings received stronger-than-expected interest for its real estate subsidiary Sankei Building, attracting bidders including KKR, Blackstone and Goldman

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports
Business|Economy|Political|World

Vietnam says USTR forced labour conclusion does not reflect its efforts

Vietnam's foreign ministry said on Thursday that the U.S.

Vietnam says USTR forced labour conclusion does not reflect its efforts
Business|Economy|Europe|Finance|MidEast|Stock Markets

European shares rise as oil slips, investors watch Middle East

European shares rose on Thursday as oil prices eased, although investors remained cautious on whether the latest developments in

European shares rise as oil slips, investors watch Middle East
Business|Economy|Political|Travel|World

China bans 4 New Zealand lawmakers after they visited Taiwan

Beijing has banned four New Zealand lawmakers from traveling to China for a year, demanding an apology for their visit to Taiwan

China bans 4 New Zealand lawmakers after they visited Taiwan
Business|Economy|Finance|World

Bank of Japan expected to raise rates this month, sources say

The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as

Bank of Japan expected to raise rates this month, sources say
Business|Economy|Political|Travel|World

New Zealand expresses concern over China lawmaker ban after Taiwan trip

New Zealand said on Thursday it would express its concerns to Beijing after China banned four New Zealand lawmakers from entry following their visit to Taiwan last month.

New Zealand expresses concern over China lawmaker ban after Taiwan trip
Business|Economy|Lifestyle|World

Lebanese Americans open their wallets and hearts as war rages back home

Lebanese Americans are both grieving and taking action to support loved ones in their homeland who have been affected by the war between Israel and Hezbollah

Lebanese Americans open their wallets and hearts as war rages back home
Business|Economy|Finance|Stock Markets|Technology

SK Hynix tells investors its US listing plan wins their strong backing, source says

SK Hynix told investors this week it received "tremendously positive" feedback on its proposed U.S. listing as the chipmaker benefits from strong demand for

SK Hynix tells investors its US listing plan wins their strong backing, source says
Economy|Europe|Political|World

Sweden's centre-left opposition holds lead ahead of September election, stats office poll shows

Sweden's centre-left opposition looks likely to win power in the parliamentary election in September, ousting the right-wing government, according to an opinion poll

Sweden's centre-left opposition holds lead ahead of September election, stats office poll shows
Business|Economy|Travel|World

US investor Castlelake taps shipper MSC for potential easyJet bid, report says

U.S. investment firm Castlelake is looking at MSC, the world's largest shipping group, as a partner in a consortium for a potential takeover bid for British budget airline

US investor Castlelake taps shipper MSC for potential easyJet bid, report says
Business|Economy|Finance|Political|World

Russia ramps up aerial attacks as it struggles on the ground in Ukraine

Russia ramps up aerial attacks as it struggles on the ground in Ukraine

Russia ramps up aerial attacks as it struggles on the ground in Ukraine
Asia|Business|Economy|Finance|World

BOJ chief vows to debate 'pros and cons' of rate hike, signals June action

Bank of Japan Governor Kazuo Ueda said the central bank must discuss the pros and cons of raising interest rates if inflationary risks outweigh downside risks

BOJ chief vows to debate 'pros and cons' of rate hike, signals June action
Australia|Business|Economy|Finance|Stock Markets|World

Australia's central bank monitoring impact of higher rates, energy price shock

Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central

Australia's central bank monitoring impact of higher rates, energy price shock
Business|Economy|Europe|Technology|World

Europe's tech 'liberation day'? Computer says not yet

As the European Union unveiled its technology sovereignty package on Wednesday, a top official posted in glee: "Today is Tech Liberation Day".

Europe's tech 'liberation day'? Computer says not yet
Business|Economy|Environment|Finance|Technology|Travel|World

Global airline chiefs to confront Iran war fuel shock at industry summit

Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the

Global airline chiefs to confront Iran war fuel shock at industry summit
Australia|Business|Crime|Economy|Health

Australian state cracks down on illegal tobacco shops as nicotine use surges

The Australian state of Victoria on Thursday introduced laws to give authorities more powers to shut down businesses selling illegal tobacco, as new data showed nicotine use

Australian state cracks down on illegal tobacco shops as nicotine use surges
Economy|Education|Political|World

From reform hopes to brutal crackdown - China's Tiananmen protests

Thursday marks 37 years since China bloodily suppressed pro-democracy demonstrations in and around central Beijing's Tiananmen Square, when Chinese troops opened fire on their own

From reform hopes to brutal crackdown - China's Tiananmen protests
Americas|Business|Economy|Finance|Political|Stock Markets|World

Mexico's popular former president blasts Trump as US ties hit low

Former Mexican President Andrés Manuel López Obrador accused Washington on Wednesday of employing "interventionist and unscrupulous practices" to bolster

Mexico's popular former president blasts Trump as US ties hit low
Asia|Business|Economy|Science|Technology

Foxconn and Intel team up to build next-gen AI systems

Foxconn said on Thursday it will work with U.S. chipmaker Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms in a move

Foxconn and Intel team up to build next-gen AI systems
Asia|Business|Economy|Science|Technology

TSMC working hard to meet chip demand, would 'like' to hike prices

Taiwan's TSMC, the world's largest contract chipmaker, is striving to keep up with demand and avoid becoming a bottleneck in the global supply chain

TSMC working hard to meet chip demand, would 'like' to hike prices
Asia|Business|Economy|Finance|Stock Markets|World

BOJ's Ueda pivots to inflation-fighting mode, clearing path for steadier hikes

Bank of Japan Governor Kazuo Ueda has all but cemented a June rate hike in a clear narrative pivot toward inflation fighting as the Iran war-driven energy

BOJ's Ueda pivots to inflation-fighting mode, clearing path for steadier hikes
Business|Economy|Finance|Stock Markets|World

Indonesia passes bill expanding central bank role to spur growth  

Indonesia's parliament on Thursday passed sweeping legislation that doubles down on Bank Indonesia's role to support growth, while

Indonesia passes bill expanding central bank role to spur growth  
Australia|Business|Economy|Political|World

Australia's lower house passes bill for biggest overhaul of taxes in decades

Australia's lower house of parliament passed a bill on Thursday for the government's biggest overhaul of taxes in decades, curbing tax breaks for property investors to make

Australia's lower house passes bill for biggest overhaul of taxes in decades
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

A ceasefire too far for markets

A look at the day ahead in European and global markets from Gregor Stuart Hunter Markets are in risk-off mode again as traders grapple with conflicting headlines: renewed fighting between the U.S. and

A ceasefire too far for markets
Business|Economy|Science|Technology

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff

Honeywell Aerospace told investors on Wednesday that it expects to book $6.5 billion in adjusted earnings by 2030, fueled by strong demand from jetmakers and

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff
Business|Economy|Finance|Stock Markets|World

How Indian markets could react to RBI's policy call

The Reserve Bank of India's rate decision on Friday is expected to be one of the closest policy calls in recent memory, with rising

How Indian markets could react to RBI's policy call
Arts|Business|Economy|Food

Treasury Wine bets on Penfolds-led luxury push to revive fortunes, shares soar 13%

Australia's Treasury Wine Estates said on Thursday it will double down on a handful of brands led by the iconic luxury Penfolds, and

Treasury Wine bets on Penfolds-led luxury push to revive fortunes, shares soar 13%
Business|Economy|Finance|Stock Markets|World

Global firms exploit India's IPO boom to take profits back to home countries

India's red-hot initial public offering market may look irresistible as foreign firms line up for listings, but the rush is not about raising funds to

Global firms exploit India's IPO boom to take profits back to home countries
Business|Economy|Finance|Science|Stock Markets|Technology

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players
Business|Economy|Political|Technology|World

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with

Meta accuses Australia of breaching FTA, invokes US 'trade action'
Business|Economy|Political|World

Japan government expects BOJ to coordinate policy steps with it, spokesperson says

Japan's government expects the Bank of Japan to conduct appropriate monetary policy toward a sustainable 2% inflation target that is driven by wage growth in close

Japan government expects BOJ to coordinate policy steps with it, spokesperson says
Business|Economy|Finance|Stock Markets|US

Sunshine Silver Mining raises $270 million in US IPO

Sunshine Silver Mining & Refining ​Company raised $270 million in its U.S. initial public offering on Wednesday, joining a growing number of companies rushing to seize buoyant

Sunshine Silver Mining raises $270 million in US IPO
Business|Economy|Environment|Technology

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

Gas engine manufacturer Innio said on Wednesday it has raised $2.43 billion in its U.S. initial public offering, as investors flock to companies powering the AI boom.

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO
Business|Economy|Education|Technology

US agency reviews school internet subsidies amid concerns about kids' screen time

The U.S.

US agency reviews school internet subsidies amid concerns about kids' screen time
Business|Economy|Finance|Stock Markets|World

SMFG aims to double sales and trading revenue to $5 billion, markets head says

Japan's Sumitomo Mitsui Financial Group is aiming to double revenue in its sales and trading business to 800 billion yen ($5 billion) within

SMFG aims to double sales and trading revenue to $5 billion, markets head says
Business|Economy|Travel|World

South Korea, China agree first expansion in flight rights in seven years

South Korea and China have agreed to expand weekly flight rights between the countries for the first time in seven years, Seoul's transport ministry said on Thursday, in

South Korea, China agree first expansion in flight rights in seven years
Business|Economy|Environment|Political|World

Trump plans $700 million in new coal support, White House official says

U.S.

Trump plans $700 million in new coal support, White House official says
Economy|World

Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal

Israel and Lebanon agreed to implement a ceasefire to end hostilities, the Trump administration said on Wednesday, in a boost to hopes for

Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal
Business|Economy|Election|Political|World

South Korea Lee's ruling party sweeps local elections but loses Seoul mayor race

South Korean President Lee Jae Myung's ruling Democratic Party swept most major local races in elections held on Wednesday, but suffered a

South Korea Lee's ruling party sweeps local elections but loses Seoul mayor race
Australia|Business|Economy|World

Australia April goods trade back in surplus as exports rebound

Australia's balance on goods trade swung back into surplus in April after a surprise deficit the month before, data showed on Thursday, as a rebound in resource exports

Australia April goods trade back in surplus as exports rebound
Business|Economy|World

Trump makes it easier to fire 8,000 federal workers

Trump makes it easier to fire 8,000 federal workers

Trump makes it easier to fire 8,000 federal workers
Business|Economy|Environment|Health|Science

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production
Business|Economy|Europe|Political|World

UK employers ask government to ease off on tax and price-gouging claims

The Confederation of British Industry called on Britain's government not to treat business as a cash cow or accuse companies of price-gouging as the

UK employers ask government to ease off on tax and price-gouging claims
Economy|Political|World

House votes to limit Trump’s Iran war powers in remarkable rebuke

House votes to limit Trump’s Iran war powers in remarkable rebuke

House votes to limit Trump’s Iran war powers in remarkable rebuke
Business|Economy|Environment|Science|Technology

SpaceX wins Texas tax breaks for chip project, ahead of record IPO

SpaceX secured tax incentives on Wednesday for its proposed Terafab chip manufacturing project in Grimes County, Texas,

SpaceX wins Texas tax breaks for chip project, ahead of record IPO
Business|Economy|Finance|Stock Markets|Technology

JPMorgan's Dimon to pitch SpaceX IPO to wealthy clients, source says

JPMorgan Chase CEO Jamie Dimon will pitch the upcoming initial public offering of SpaceX to the bank's wealthy clients this week in a bid to drive

JPMorgan's Dimon to pitch SpaceX IPO to wealthy clients, source says
Business|Economy|Finance|Stock Markets|Technology

Broadcom's sales and AI chip forecast comes in below expectations, shares tumble

Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday and its

Broadcom's sales and AI chip forecast comes in below expectations, shares tumble
Asia|Economy|Political|World

Rubio says China cannot erase memories of Tiananmen Square crackdown

Beijing's censorship cannot erase memories of its 1989 military assault on peaceful demonstrators in Tiananmen Square, U.S.

Rubio says China cannot erase memories of Tiananmen Square crackdown
Business|Economy|Sports

MLB Commissioner Rob Manfred worries cap proposal could lead to repeat of 1994-95 strike

Baseball Commissioner Rob Manfred worries the owners' salary cap proposal could lead to a work stoppage like the one that canceled the 1994 World Series

MLB Commissioner Rob Manfred worries cap proposal could lead to repeat of 1994-95 strike
Business|Economy|Finance|Stock Markets|US|World

Fed's Warsh inherits economy increasingly squeezed by inflation

Federal Reserve Chairman Kevin Warsh inherits an economy bolstered by an AI investment boom but pinched by rising prices from the Iran war, a Fed

Fed's Warsh inherits economy increasingly squeezed by inflation
Business|Economy|Finance|Stock Markets

Vanguard index product becomes first ETF to top $1 trillion in assets

The Vanguard S&P 500 ETF, the index investing pioneer's flagship exchange-traded product, became the first in the history of ETFs to reach and

Vanguard index product becomes first ETF to top $1 trillion in assets
Business|Economy|Environment|Health|US

Flesh-eating screwworm confirmed in Texas calf as parasite crosses border from Mexico

New World screwworm, a parasitic fly that eats warm-blooded animals alive, has been found in a calf in

Flesh-eating screwworm confirmed in Texas calf as parasite crosses border from Mexico
Business|Economy|Europe|World

US tariff doubling cut EU steel exports by 34%, steel body says

EU steel exports to the U.S. have fallen by 34% since Washington hiked tariffs to 50%, with higher duties on derivative products such as washing

US tariff doubling cut EU steel exports by 34%, steel body says
Business|Economy|World

Trump signs order to make it easier to fire 8,000 federal workers

U.S.

Trump signs order to make it easier to fire 8,000 federal workers
Business|Celebrity|Economy|Entertainment|Sports

Looking for NBA Finals seats? The Knicks are making 2 in celebrity row available in an auction

The New York Knicks are auctioning two celebrity row seats for Game 3 at Madison Square Garden, when the NBA Finals return to New York for the first time since 1999

Looking for NBA Finals seats? The Knicks are making 2 in celebrity row available in an auction
Business|Crime|Economy|Political|World

Homeland Security secretary says ICE will increase new officer training next month

Homeland Security Secretary Markwayne Mullin says Immigration and Customs Enforcement will increase training for new officers

Homeland Security secretary says ICE will increase new officer training next month
Business|Economy|Finance|Stock Markets|Technology

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire
Business|Crime|Economy|Finance|Stock Markets|US|World

Live updates: House passes resolution to halt military action in Iran in rebuke of Trump

The House approved a war powers resolution that would halt the U.S. military action against Iran, defying President Donald Trump as a handful of Republicans joined with Democrats to seek to end the war

Live updates: House passes resolution to halt military action in Iran in rebuke of Trump
Business|Economy|Education|Election|Environment|Finance|Political|Stock Markets|US|World

House approves war powers resolution to halt military action against Iran, in a rebuke of Trump

The House for the first time has approved a war powers resolution that would halt the U.S. military action against Iran

House approves war powers resolution to halt military action against Iran, in a rebuke of Trump
Business|Economy|Finance|Stock Markets|Technology

SpaceX sets the stage for a record $75 billion IPO

SpaceX sets the stage for a record $75 billion IPO

SpaceX sets the stage for a record $75 billion IPO
Business|Economy|Finance|Stock Markets|US|World

Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
Business|Economy|Finance|Technology|World

Bank of America to hire interns, campus recruits despite AI threat

Bank of America said on Wednesday it would welcome about 4,000 summer interns and full-time campus hires, signaling a commitment to entry-level talent even as the rise of AI fuels

Bank of America to hire interns, campus recruits despite AI threat
Business|Economy|Environment|World

Oklahoma's attorney general sues to block aluminum smelter after Trump endorses rival

Oklahoma's attorney general has filed a lawsuit seeking to block Emirates Global Aluminum (EGA) and Century Aluminum from building the largest U.S. aluminum

Oklahoma's attorney general sues to block aluminum smelter after Trump endorses rival
Business|Economy|Finance|Political|Stock Markets

New York debt litigation bill hangs on last-minute Assembly move

New York State lawmakers must decide by the end of this week whether to advance a bill that would alter state law tied to foreign sovereign debt, setting

New York debt litigation bill hangs on last-minute Assembly move
Business|Economy|Finance|Stock Markets|World

Trading Day: War clouds and tech wobbles

Escalating tensions in the Middle East and a wave of profit-taking in AI and tech shares cast a long shadow over markets on Wednesday, depressing

Trading Day: War clouds and tech wobbles
Business|Economy|World

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says

Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says
Business|Economy|Election|Finance|Political|US|World

NAACP says US Postal Service voting plan violates settlement

The NAACP asked a federal court Wednesday to revive a 2020 lawsuit against the U.S.

NAACP says US Postal Service voting plan violates settlement
Business|Economy|Environment|Finance|Technology

TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion

Canadian power producer TransAlta Corp said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion,

TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion
Business|Crime|Economy|Environment|Finance|Lifestyle|Science|Technology|Travel|US|World

Fatal Virginia crash raises questions about bus safety and the records of the driver and company

A commercial bus crash in Virginia that killed five people and injured dozens of others has raised questions about the driver, the company that employed him and the overall safety of the industry

Fatal Virginia crash raises questions about bus safety and the records of the driver and company
Business|Economy|Finance|Political|Stock Markets|US

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits
Business|Economy|Science|Technology|World

Oil prices climb back toward $100, and US stocks halt their record-breaking rally

Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records

Oil prices climb back toward $100, and US stocks halt their record-breaking rally
Business|Economy|Environment|Political|World

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum

Ukrainian long-range drones have struck an oil terminal in St. Petersburg, setting it ablaze, according to President Volodymyr Zelenskyy

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum
Crime|Economy|Political|US

Fact check: The many lies Trump told the New York Post

Fact check: The many lies Trump told the New York Post

Fact check: The many lies Trump told the New York Post
Business|Economy|Finance|Stock Markets|Technology

Applied Aerospace & Defense valued at $3.5 billion as shares rise in debut

Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their market debut on Wednesday, the latest in a streak of

Applied Aerospace & Defense valued at $3.5 billion as shares rise in debut
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports

Bill Ackman's Pershing Square is looking to sell its stake in Universal Music Group, Bloomberg News reported on Wednesday, days after the music industry giant rebuffed the

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports
Business|Economy|Finance|Political|US|World

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks

President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks
Americas|Business|Economy|Finance|Stock Markets|World

Brazil's May trade surplus beats forecasts as prices lifts exports

Brazil's trade surplus reached $7.8 billion in May, official data showed on Wednesday, above market expectations, as higher prices drove export growth at a faster pace

Brazil's May trade surplus beats forecasts as prices lifts exports
Americas|Business|Economy|Political|World

Bolivia's new defense minister pledges to clear roadblocks as protests drag on

Bolivia's President Rodrigo Paz on Wednesday named Ernesto Justiniano as defense minister, who promised to clear roadblocks following weeks of social unrest and mass

Bolivia's new defense minister pledges to clear roadblocks as protests drag on
Economy|Education|Environment|Political|World

Five countries elected to UN Security Council; Germany misses out

The United Nations General Assembly on Wednesday elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago and Zimbabwe to the 15-member U.N.

Five countries elected to UN Security Council; Germany misses out
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|World

Citi hires Konstantynova as new COO for wealth from McKinsey

Andy Sieg, Citi's head of wealth management, announced on Tuesday the hiring of Nadiya Konstantynova as the division's new chief operating officer.

Citi hires Konstantynova as new COO for wealth from McKinsey
Americas|Business|Economy|Political|World

Brazil rejects proposed US tariffs related to forced labor

The Brazilian government expressed "deep disagreements" with the United States' proposal of new tariffs linked to forced labor in a statement on Wednesday, saying the

Brazil rejects proposed US tariffs related to forced labor
Business|Economy|Finance|Stock Markets|World

World shares drop, oil jumps as Middle East unrest deepens

Global stocks fell and oil prices climbed on Wednesday as hopes for a swift end to the Iran war faded, with renewed hostilities dampening risk appetite.

World shares drop, oil jumps as Middle East unrest deepens
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US|World

Wall Street ends lower as Middle East tensions escalate

Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked

Wall Street ends lower as Middle East tensions escalate
Business|Economy|Finance|Political|Stock Markets|US|World

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement
Business|Crime|Economy|Technology

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market
Business|Economy|Political|World

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine
Business|Crime|Economy|Education|Environment|Health|Lifestyle|US

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion
Business|Economy|Europe|Political

British trade minister says rejoining EU would not fix UK's issues

Rejoining the European Union would not "magically solve" Britain's issues, even if the country's long-term future lies with Europe, business and trade

British trade minister says rejoining EU would not fix UK's issues
Business|Economy|World

How US, Europe and Britain target goods made with forced labour

The United States has proposed new tariffs on imports from 60 economies after accusing trading partners of failing to keep goods made with forced labour out of their markets.

How US, Europe and Britain target goods made with forced labour
Business|Economy|Environment|Science|Technology

Tesla rolls out unsupervised robotaxis in Austin

Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing

Tesla rolls out unsupervised robotaxis in Austin
Business|Economy|Finance|Stock Markets|US|World

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'

Wall Street's nine-week rally has pushed U.S. stock indexes to successive new highs, but people who watch key options metrics warn that signs are

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'
Business|Economy|Finance|Sports|Stock Markets

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites

France may be leading one race for the World Cup trophy, but in the markets' version of the global showpiece tournament, retail and beverage stocks are

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites
Business|Economy|Political|World

US cites forced labor concerns as grounds for new tariffs

The Trump administration has proposed tariffs of up to 12.5% on imports from 60 countries after determining they had

US cites forced labor concerns as grounds for new tariffs
Business|Economy|Political|World

EU, US committed to complying with trade deal, says U.S. trade chief Greer

Both the European Union and the United States are committed to complying with their trade agreement, U.S.

EU, US committed to complying with trade deal, says U.S. trade chief Greer
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil gains as Middle East hostilities flare

Oil prices rose around 2% on Wednesday, extending the previous session's gains, as hostilities in the Middle East erupted anew and talks between Tehran and

Oil gains as Middle East hostilities flare
Business|Economy|Science|Technology

Automakers, retailers warn US memory-chip shortage is impacting prices

The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and

Automakers, retailers warn US memory-chip shortage is impacting prices
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Sports|Technology

Macy's raises annual outlook after the fourth straight quarter of sales gains

Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers

Macy's raises annual outlook after the fourth straight quarter of sales gains
Economy|Election|Finance|Political|Stock Markets|US

Republicans won the redistricting battle. Now voters will decide whether they win Congress

Republicans have won a partisan redistricting battle for Congress

Republicans won the redistricting battle. Now voters will decide whether they win Congress
Business|Economy|World

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets

Brazil's central bank is seeing demand-driven pressures contributing to inflation, Governor Gabriel Galipolo said on Wednesday, pointing to measures that exclude supply

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets
Business|Economy|Finance|Stock Markets|Technology

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions

Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions
Business|Economy|US|World

US factory orders post biggest gain in 11 months in April

New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods.

US factory orders post biggest gain in 11 months in April
Business|Economy|Education|US

US Senate to hold confirmation hearing for BLS commissioner nominee next week

The U.S.

US Senate to hold confirmation hearing for BLS commissioner nominee next week
Business|Economy|Food|World

Kraft Heinz CEO expects innovation push to accelerate next year

Kraft Heinz aims to accelerate product innovation next year, CEO Steve Cahillane told Reuters, as the packaged food company steps up investment to

Kraft Heinz CEO expects innovation push to accelerate next year
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street ends lower as Middle East tensions escalate

Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked

Wall Street ends lower as Middle East tensions escalate
Business|Economy|Election|Environment|Health|Political

MAHA candidate beats Trump's choice in Republican primary for Iowa governor

Businessman Zach Lahn's win in Iowa’s Republican gubernatorial primary over President Donald Trump's pick is a rare electoral setback for Trump

MAHA candidate beats Trump's choice in Republican primary for Iowa governor
Business|Economy|Europe|Political|World

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens
Economy|Health|Political|World

Indonesia arrests former nutrition agency head and officials in corruption investigation

Indonesia's former head of the National Nutrition Agency has been arrested on corruption charges related to a multibillion-dollar free-meals program

Indonesia arrests former nutrition agency head and officials in corruption investigation
Economy|Election|Finance|Political|US|World

Hilton, Becerra maintain leads in primary race for California governor

Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra maintained their leads in the open primary race for California

Hilton, Becerra maintain leads in primary race for California governor
Economy|Finance|World

Israel plans major settlement push across occupied West Bank

Israel's hardline finance minister announced on Wednesday a major expansion by more than 2,000 homes of three Jewish settlements in the occupied West

Israel plans major settlement push across occupied West Bank
Business|Economy|Finance|World

Canada's services PMI edges up to 18-month high, operating costs accelerate 

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the

Canada's services PMI edges up to 18-month high, operating costs accelerate 
Business|Economy|Technology|World

Resilient Saudi economy proves a draw for wartime Gulf business

When food-tech entrepreneur Sara Amini wanted to see where Gulf businesses were still spending despite the Iran war, she

Resilient Saudi economy proves a draw for wartime Gulf business
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Crime|Economy|Finance|Stock Markets

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says

Manhattan's top federal prosecutor said on Wednesday he and his staff are asking questions in the private asset marketplace about valuations, as concerns

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says
Business|Economy|Finance|Stock Markets|US|World

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S.

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance
Business|Economy|Political|World

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs

Mexico said on Wednesday that goods complying with the rules of origin under the United States-Mexico-Canada Agreement (USMCA) would be exempt from a proposed 10% U.S.

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs
Business|Economy|Finance|Stock Markets|Technology

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
Business|Economy|Environment|Science|Technology

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act

USA Rare Earth said on Wednesday it has signed agreements with the U.S.

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Finance|Stock Markets|World

Yen dips to 160 level, prompting warnings from Japanese officials

Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on

Yen dips to 160 level, prompting warnings from Japanese officials
Crime|Economy|Travel|World

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers
Business|Economy|Europe|Technology|World

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home

European Union leaders are pushing back against reliance on American and Asian tech companies

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home
Business|Economy|Finance|Stock Markets|Technology

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns

Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
Business|Economy|Lifestyle|Sports|World

In Argentina, amateur soccer offers a gritty economic lifeline

Emiliano Migueles starts his days early, delivering water.

In Argentina, amateur soccer offers a gritty economic lifeline
Business|Economy|Europe|Political|World

Bosnia seeks new peace envoy after sudden Schmidt exit

The body overseeing Bosnia's peace process meets on Wednesday to choose a new envoy to replace Germany's Christian Schmidt, who quit under what he said

Bosnia seeks new peace envoy after sudden Schmidt exit
Business|Economy|Environment|Travel|World

Strain grows on shipping industry with vessels stuck inside Hormuz

Even if the U.S. and Iran agreed to halt the war and open the Strait of Hormuz, ships trapped in the Gulf will be unable to leave without safety assurances,

Strain grows on shipping industry with vessels stuck inside Hormuz
Business|Economy|Finance|Stock Markets|US

US asset managers fall as investors brace for updates on private credit fund withdrawals

Shares of U.S. alternative asset managers fell in premarket trading on Wednesday as investors braced for second-quarter updates on redemptions from non-traded private credit funds,

US asset managers fall as investors brace for updates on private credit fund withdrawals
Business|Economy|World

US retailers brace for bigger consumer stress test as war drags on

With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could

US retailers brace for bigger consumer stress test as war drags on
Business|Economy|Travel|World

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Many airlines have been hit hard by price swings in the jet fuel market, and some are not in a position to hedge their exposure, the International Air

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says
Business|Economy|Political|Science|Technology|World

EU targets Big Tech dependence with 'made-in-Europe' drive

The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S.

EU targets Big Tech dependence with 'made-in-Europe' drive
Economy|Political|World

War may end in interim deal that leaves Iran battered but unbowed

The U.S.-Israeli war on Iran was meant to break the Islamic Republic.

War may end in interim deal that leaves Iran battered but unbowed
Business|Economy|Environment|Europe|Technology

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in the second half of this year in Europe, the Middle East and Africa, with plans to expand to

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year
Business|Economy|World

Bangladesh seeks new IMF lending deal, officials say

Bangladesh has requested a new loan arrangement from the International Monetary Fund and is exiting its current $5.5 billion programme, government officials said on Wednesday

Bangladesh seeks new IMF lending deal, officials say
Business|Economy|Finance|MidEast|Stock Markets|World

S&P 500, Dow tick lower on Middle East stalemate

The S&P 500 and the Dow opened lower on Wednesday, as a flare-up in the Middle East conflict drove oil prices higher and cast doubt on a quick resolution to the war.

S&P 500, Dow tick lower on Middle East stalemate
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

Macy's raises annual forecasts as luxury focus draws affluent shoppers

Macy's raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by strong demand for high-end apparel and

Macy's raises annual forecasts as luxury focus draws affluent shoppers
Business|Economy|Europe|Finance|Political|US|World

Russia bets on air war as it stumbles on the battlefield

Russia is pummeling major Ukrainian cities in an effort to sustain a sputtering war effort marked by a struggle to maintain momentum on the battlefield, where

Russia bets on air war as it stumbles on the battlefield
Business|Economy|Entertainment|Sports|Travel

Inflation and immigration fears threaten to dampen Miami’s economic benefits from the World Cup

The economic outlook for World Cup host cities isn’t looking good – but there’s still time to change that.

Inflation and immigration fears threaten to dampen Miami’s economic benefits from the World Cup
Arts|Business|Economy|Education|Environment|Finance|Health|Lifestyle|US

When private equity firms buy mobile home parks, rent increases leave residents with few affordable options in rural areas

It is far easier and cheaper to keep someone housed in a mobile home park than to build a new subsidized unit for them.

When private equity firms buy mobile home parks, rent increases leave residents with few affordable options in rural areas
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Disruption of Mideast energy supplies into next year would slam global economy

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy

Disruption of Mideast energy supplies into next year would slam global economy
Business|Economy|Technology

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says

Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding,

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
Business|Economy|Science|Technology|World

Russia's Sberbank offers AI model to Global South states keen to bridge digital divide

(Amends dateline) By Gleb Bryanski and Elena Fabrichnaya ST.

Russia's Sberbank offers AI model to Global South states keen to bridge digital divide
Business|Economy|Finance|Political|Stock Markets|World

Indonesian parliamentary panel backs bill to expand role of central bank

JAKARTA, June 3 - The Indonesian parliament's financial commission and the government agreed at a hearing on Wednesday to reform the laws relating to the country's financial system and expand the

Indonesian parliamentary panel backs bill to expand role of central bank
Business|Economy|Finance|Stock Markets|World

Quantum leap

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices and bond yields have pushed higher as hostilities in the

Quantum leap
Economy|Europe|World

ECB June hike a done deal, another likely in September, economists say

The European Central Bank is set to raise its deposit rate to 2.25% on June 11, with another increase likely in September, as it

ECB June hike a done deal, another likely in September, economists say
Economy|Environment|Health|Political|World

How Cubans keep going, despite US pressure and fuel blockade

Felicia de la Caridad Alvarez, a resident of Old Havana, knows a thing or two about survival.

How Cubans keep going, despite US pressure and fuel blockade
Business|Economy|Finance|World

Dollar bears cling to optimism as war-led inflation tests Fed path: Reuters poll

The U.S. dollar is expected to stay range-bound in the near term before weakening later this year, FX strategists said in a Reuters survey, on optimism

Dollar bears cling to optimism as war-led inflation tests Fed path: Reuters poll
Business|Economy|Sports|Travel

World Cup gives North American transit a chance to shine - or be booed

The 2026 World Cup is soccer's biggest stage, and for some of North America's rail and bus operators it will be a critical audition.

World Cup gives North American transit a chance to shine - or be booed
Business|Economy|Finance|Stock Markets|Technology

AlphaSense nearly doubles valuation to $7.5 billion in new funding round

Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago.

AlphaSense nearly doubles valuation to $7.5 billion in new funding round
Business|Crime|Economy|Health|Political

Indonesia arrests officials over alleged corruption in free meals programme

Indonesian authorities arrested the recently dismissed head of an agency overseeing President Prabowo Subianto's flagship free meals programme on

Indonesia arrests officials over alleged corruption in free meals programme
Business|Economy|Europe|World

Switzerland rejects findings of U.S. forced labour investigation

The Swiss government on Wednesday rejected U.S. findings on how dozens of economies, including Switzerland, deal with goods produced by forced labour, a probe that prompted

Switzerland rejects findings of U.S. forced labour investigation
Business|Economy|Environment|Europe|Finance|World

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says

European automotive, construction, metals, chemicals and transport sectors could lose up to 1.3 million jobs this year as a result of a surge in energy prices caused by

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says
Business|Economy|Finance|Science|Technology

The world’s biggest tech companies are betting big on computers that control themselves

The world’s biggest tech companies are betting big on computers that control themselves

The world’s biggest tech companies are betting big on computers that control themselves
Business|Economy|Health|World

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties
Business|Economy|Entertainment|Sports

NBA Finals: Would you pay $4,000 – for a nosebleed seat?

NBA Finals: Would you pay $4,000 – for a nosebleed seat?

NBA Finals: Would you pay $4,000 – for a nosebleed seat?
Business|Economy|Environment|Health|Technology

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says

Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists

British services firms suffered a small fall in activity in May as the strains of the Iran war pushed up their costs sharply and hit

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists
Business|Economy|Travel|World

Spanish hotel chain Melia exits Cuba over economic and geopolitical strains

Spanish hotel group Melia said on Wednesday it would immediately stop managing, marketing and providing brand services for 15 hotels in Cuba, pointing to the island's

Spanish hotel chain Melia exits Cuba over economic and geopolitical strains
Business|Economy|Europe|Stock Markets|World

European stocks fall as private market stress, Mideast tensions dent sentiment

European shares slipped on Wednesday as escalating Middle East tensions and fresh jitters over private markets pushed investors

European stocks fall as private market stress, Mideast tensions dent sentiment
Economy|Europe|World

Some signs point to larger inflation risk than in 2022, ECB blog argues

It is not a given that the current inflation shock facing the euro zone will be more benign than the 2022 episode, as some initial conditions flag larger inflationary

Some signs point to larger inflation risk than in 2022, ECB blog argues
Business|Economy|Finance|Stock Markets|World

Toronto home sales rise the most in 10 months, prices dip

Greater Toronto Area home sales posted their biggest monthly gain in 10 months in May, helped by improved affordability, while prices resumed their recent

Toronto home sales rise the most in 10 months, prices dip
Business|Celebrity|Economy|Fashion and Beauty|Finance|Stock Markets

Zara owner Inditex defies consumer gloom with strong early summer sales

Zara owner Inditex reported a strong start to summer trading on Wednesday as currency-adjusted sales grew 11.5% in May, handily beating analyst expectations,

Zara owner Inditex defies consumer gloom with strong early summer sales
Business|Economy|Finance|Technology

High-profile Instagram AI chatbot breach spotlights security risks of automation

An Instagram hack that saw attackers talk Meta's AI support chatbot into handing over access to high-profile accounts has exposed a

High-profile Instagram AI chatbot breach spotlights security risks of automation
Business|Economy|Finance|Science|Technology|World

ECB to ask banks for targeted measures to counter AI risk

The European Central Bank met commercial lenders last week to discuss the potential threat from the newest artificial intelligence models and will follow up with demands

ECB to ask banks for targeted measures to counter AI risk
Business|Economy|Finance|Stock Markets|Technology

US tech stocks' market dominance reaches new heights and presents new risks

The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group -- and more vulnerable should those market leaders

US tech stocks' market dominance reaches new heights and presents new risks
Business|Economy|Finance|Stock Markets|Technology

AI building boom ripples through inflation-hit Treasury market

The artificial-intelligence boom already has fueled a record stock-market surge. Now it's driving up long-term Treasury yields too.

AI building boom ripples through inflation-hit Treasury market
Business|Economy|Finance|Stock Markets|World

Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble

Nippon Paint and Sherwin-Williams have terminated efforts to jointly acquire rival paint maker AkzoNobel, they said on Wednesday, sending the Dulux

Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
Business|Crime|Economy|Finance|Stock Markets|US

Guilty verdict against Andrew Left to shake up activist short-selling playbook

A U.S. jury's fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers,

Guilty verdict against Andrew Left to shake up activist short-selling playbook
Business|Economy|Finance|Stock Markets|Technology|US

Software stocks bounce back - now comes the hard part

Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead.

Software stocks bounce back - now comes the hard part
Business|Economy|Finance|Stock Markets|Technology

When IPOs go wrong: SpaceX, AI firms face a delicate process

Beware the ghosts of IPOs past.

When IPOs go wrong: SpaceX, AI firms face a delicate process
Crime|Economy|Election|Political|World

A 'new Keiko' tests old Fujimori name in Peru's presidential runoff

Conservative Keiko Fujimori will seek Peru's presidency on Sunday in a runoff vote, hoping that her tough-on-crime stance at a time of

A 'new Keiko' tests old Fujimori name in Peru's presidential runoff
Business|Economy|Education|Finance|Political|US|World

As US midterms near, Talarico tries to fend off culture war attacks in Texas

Even before all the votes had been counted in last week's Republican Senate primary in Texas, party members began rolling out attacks on the Democratic candidate,

As US midterms near, Talarico tries to fend off culture war attacks in Texas
Business|Economy|Technology|World

UK orders Google to allow publishers to opt out of AI scraping for search summaries

British competition regulators have mandated that Google must allow news sites to opt out of having their content scraped for AI overviews

UK orders Google to allow publishers to opt out of AI scraping for search summaries
Arts|Business|Economy|Education|Entertainment|Lifestyle|Political|Sports

How China’s World Cup dream unraveled – and how it’s slowly growing again

How China’s World Cup dream unraveled – and how it’s slowly growing again

How China’s World Cup dream unraveled – and how it’s slowly growing again
Arts|Australia|Business|Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle|Political|World

Australian judges weigh Indigenous activist’s bid to prosecute King Charles for genocide

Three Australian appeals court judges have reserved their decision on whether an activist can prosecute King Charles III for alleged genocide of Australia’s Indigenous people

Australian judges weigh Indigenous activist’s bid to prosecute King Charles for genocide
Business|Economy|Europe|World

Spanish service sector stabilises in May as sales return to growth, PMI shows

Spain's service sector activity stabilised in May as activity and sales returned to growth after April's decline, a business survey showed on Wednesday.

Spanish service sector stabilises in May as sales return to growth, PMI shows
Asia|Business|Economy|Europe|MidEast|World

OECD says protracted war could drag on global growth, push up inflation

The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real

OECD says protracted war could drag on global growth, push up inflation
Business|Economy|Europe|Finance|World

French services sector shrinks in May at fastest pace since late 2020, PMI shows

France's services sector contracted at its sharpest pace in 5-1/2 years in May as weaker demand and rising costs due to the Iran war hammered businesses, a survey showed on

French services sector shrinks in May at fastest pace since late 2020, PMI shows
Asia|Economy|Finance|Stock Markets|World

Japan warns as traders push yen to 160 intervention zone

The yen weakened to levels that preceded intervention by Tokyo last month, prompting new warnings by policymakers on Wednesday and a small

Japan warns as traders push yen to 160 intervention zone
Business|Economy|Europe|Finance|World

Italy services costs at 3-year high as business contracts, PMI shows

Cost pressures in Italy's service sector hit a 40-month high in May as the impact of the conflict in the Middle East became more acute, a survey showed on Wednesday.

Italy services costs at 3-year high as business contracts, PMI shows
Business|Economy|Technology|World

Amazon launches Prime in South Africa for under $4 a month

E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61)

Amazon launches Prime in South Africa for under $4 a month
Business|Economy|Europe|World

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction

Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services — a key gauge of economic health — dragged output

Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
Economy|Europe|Political|World

New U.S. tariffs on EU goods would be unacceptable, EU trade committee head says

Any new U.S. tariffs on European Union goods on top of the rates agreed last year would be unacceptable, senior EU lawmaker said on Wednesday, rejecting U.S. claims the EU

New U.S. tariffs on EU goods would be unacceptable, EU trade committee head says
Business|Economy|Europe|World

German services activity shrinks again in May as energy costs weigh, PMI shows

Germany's service sector contracted for a second straight month in May as subdued demand and high energy and other costs due to the war in the Middle East weighed on

German services activity shrinks again in May as energy costs weigh, PMI shows
Economy|Education|Election|Environment|Finance|Political

California governor's primary pitted experience against promises of change

Two Democrats and a Republican are leading in early returns in California’s crowded primary in the race to replace Gov. Gavin newsom

California governor's primary pitted experience against promises of change
Economy|Europe|Political|World

Putin squeezes Armenia as Russia seeks to retain global clout

President Vladimir Putin has read long-term ally Armenia the riot act: persist in wanting to join the European Union and you can kiss goodbye to cheap

Putin squeezes Armenia as Russia seeks to retain global clout
Business|Economy|Science|Technology|World

DeepSeek slated to raise $7 billion in maiden funding round, sources say

DeepSeek, China's best-known AI startup, is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people

DeepSeek slated to raise $7 billion in maiden funding round, sources say
Business|Economy|World

Russian services contract in May at fastest pace since September 2025, PMI shows

Russia's services sector contracted in May at its quickest pace since September as weaker demand drove steeper falls in new orders and output, a business survey showed on

Russian services contract in May at fastest pace since September 2025, PMI shows
Business|Economy|Political|World

Philippine Senate ends impasse after President says 'get back to work'

Philippine senators broke a days-long legislative standoff on Wednesday after a member of the majority bloc broke ranks and appeared on the Senate floor, allowing a rival

Philippine Senate ends impasse after President says 'get back to work'
Arts|Business|Economy|Environment|Technology|World

Google must let UK publishers opt out of AI search under new rules

Britain has imposed new conduct requirements on Google's search services, including allowing publishers to stop their content being used to power the U.S. tech giant's AI features,

Google must let UK publishers opt out of AI search under new rules
Asia|Business|Economy|Finance|Political|World

US targets India with forced labour tariff amid talks on trade pact

The United States has proposed an additional tariff of 12.5% on imports from India, saying it is among 60 economies that failed to curb imports made with

US targets India with forced labour tariff amid talks on trade pact
Crime|Economy|Education|Election|Political

Former Interior Secretary Deb Haaland and ex-Mayor Gregg Hull to face off for New Mexico governor

Former Interior Secretary Deb Haaland has clinched the Democratic nomination for New Mexico governor

Former Interior Secretary Deb Haaland and ex-Mayor Gregg Hull to face off for New Mexico governor
Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets|Technology|World

Marvell, a fitting name for the latest AI darling

A look at the day ahead in European and global markets from Tom Westbrook Notwithstanding fresh hostilities in the Middle East, AI shares drove equity markets in Asia to new records on Wednesday.

Marvell, a fitting name for the latest AI darling
Business|Economy|Europe|Finance|Political|World

Russia repels drone attack over Leningrad region as economic forum kicks off

Russia downed 50 drones over the Leningrad region northwest of Moscow overnight and continues to repel the suspected Ukrainian attacks, Governor Alexander

Russia repels drone attack over Leningrad region as economic forum kicks off
Economy|Environment|Europe|World

Swiss voters look set to reject plan to limit population at 10 million, poll shows

Swiss voters look set to reject a referendum proposal to cap the country's population at 10 million people, according to an opinion poll published on Wednesday.

Swiss voters look set to reject plan to limit population at 10 million, poll shows
Business|Economy|Technology

SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says

In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 ‌per share to raise a record-setting $75 billion,

SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says
Business|Economy|Finance|World

India's services growth hits six-month high on domestic demand, PMI shows

India's dominant services sector grew at its fastest pace in six months in May on a pick-up in domestic demand, even though global orders stayed below last year's average

India's services growth hits six-month high on domestic demand, PMI shows
Economy|Election|Environment|Finance|Political

Democrat Josh Turek and GOP's Ashley Hinson to compete for pivotal US Senate seat in Iowa

Iowa state Rep. Josh Turek won Tuesday’s Democratic primary for U.S. Senate and will next try to flip the seat currently held by GOP Sen. Joni Ernst, who is retiring

Democrat Josh Turek and GOP's Ashley Hinson to compete for pivotal US Senate seat in Iowa
Asia|Australia|Business|Economy|Finance|Political|World

New prime minister says Solomon Islands will review its secretive security treaty with China

The Solomon Islands' new leader says the country will review its secretive security treaty with China

New prime minister says Solomon Islands will review its secretive security treaty with China
Australia|Business|Economy|Finance|Stock Markets|Technology

Megaport secures 4 AI deals, to raise $594 million to build inference cloud

Australia's Megaport said on Wednesday it has secured four new AI infrastructure contracts worth A$458.9 million and will raise A$827.3 million ($594 million)

Megaport secures 4 AI deals, to raise $594 million to build inference cloud
Economy|Election|Finance|Health|Political|US

Republican Miller-Meeks, Democrat Bohannan head for rematch in Iowa congressional race

Republican U.S.

Republican Miller-Meeks, Democrat Bohannan head for rematch in Iowa congressional race
Business|Economy|Environment|Technology|World

BlackRock's Atlas freezes $1 billion in Brazil renewables investments

Atlas Renewable Energy, one of South America's largest clean power generators, has put plans for $1 billion in new investments in

BlackRock's Atlas freezes $1 billion in Brazil renewables investments
Business|Economy|Environment|Political|World

Cambodia turns to obscure UN process to resolve maritime dispute with Thailand

Cambodia is betting on a little-used UN arbitration process known as "compulsory conciliation" to resolve a long-running maritime boundary dispute with Thailand and unlock

Cambodia turns to obscure UN process to resolve maritime dispute with Thailand
Business|Crime|Economy|Election|Finance|Political|US|World

US Supreme Court clears way for Alabama to use pro-Republican voting map

The U.S.

US Supreme Court clears way for Alabama to use pro-Republican voting map
Australia|Business|Economy|World

Australia Q1 economic growth slows on trade drag, consumers struggle

Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher

Australia Q1 economic growth slows on trade drag, consumers struggle
Business|Economy|World

China services activity grows at fastest pace in three months, private PMI shows

China's services activity expanded at the fastest pace in three months in May, helped by stronger growth in new business and a rebound in overseas demand, though rising

China services activity grows at fastest pace in three months, private PMI shows
Business|Economy|World

Japan's services activity stagnates in May as costs surge, PMI shows

Japan's services sector ground to a halt in May after more than a year of expansion, as surging costs linked to the Middle East war dampened service demand and led to a 12-

Japan's services activity stagnates in May as costs surge, PMI shows
Business|Economy|World

USTR seeks comment on possible US-China tariff cuts under Board of Trade

The Office of the U.S.

USTR seeks comment on possible US-China tariff cuts under Board of Trade
Business|Economy|Finance|World

South Korea ruling party set for local election gains, exit poll shows

South Korea's ruling Democratic Party is projected to make sweeping gains in local elections on Wednesday, an exit poll showed, but a close race in the key city

South Korea ruling party set for local election gains, exit poll shows
Business|Economy|MidEast|Political|World

Hostilities flare in Iran war, oil jumps with talks at a stalemate

Gulf hostilities flared anew on Wednesday, with the U.S. military saying Iranian missile attacks on Bahrain, Kuwait and

Hostilities flare in Iran war, oil jumps with talks at a stalemate
Business|Economy|Finance|Stock Markets|Technology|US

Applied Aerospace & Defense raises $650 million in US IPO

Private equity-backed government contractor Applied Aerospace & Defense said on Tuesday it had raised $650 million in its U.S. initial public ‌offering after pricing shares at $20

Applied Aerospace & Defense raises $650 million in US IPO
Business|Economy|Finance|Stock Markets|Technology|World

Goldman upgrades Taiwan, South Korea stocks as Asia rally intensifies

Gains for AI chipmaker stocks can continue, but risks of a pullback are growing, Goldman Sachs said in a note on Wednesday.

Goldman upgrades Taiwan, South Korea stocks as Asia rally intensifies
Americas|Business|Economy|Environment|Finance|Political|World

Bolivia's defense minister resigns as anti-government protests intensify

Bolivia's defense minister stepped down on Tuesday after a month of anti-government protests, two government sources said, marking the highest-level

Bolivia's defense minister resigns as anti-government protests intensify
Business|Economy|Finance|World

China's real estate funk drags down yet another sector: property service providers

Providers of property services in China are struggling to collect management fees from disgruntled homeowners, threatening their revenue and house

China's real estate funk drags down yet another sector: property service providers
Business|Economy|Political|Travel|World

Trump homeland secretary declines to commit to following court orders

U.S.

Trump homeland secretary declines to commit to following court orders
Business|Economy|Environment|Political|World

Japan's govt finalises $19 billion extra budget to subsidise surging fuel costs

Japanese Prime Minister Sanae Takaichi's government on Wednesday finalised a $19 billion supplementary budget for this fiscal year to cushion the impact of rising energy

Japan's govt finalises $19 billion extra budget to subsidise surging fuel costs
Business|Economy|Environment|Health|Science|World

Bayer says no plans to restructure despite litigation threat

Bayer has no plans to spin off Monsanto, a representative said on Tuesday, even as the company faces an avalanche of lawsuits over its

Bayer says no plans to restructure despite litigation threat
Economy|Education|Environment|Science|Technology

Scientists lose critical climate record as ocean observatory will go dark under Trump funding cuts

The Trump administration is dismantling a $386 million network of more than 900 ocean sensors funded by the National Science Foundation

Scientists lose critical climate record as ocean observatory will go dark under Trump funding cuts
Business|Economy|Finance|Stock Markets|Technology

Shopify expands share buyback program by $3 billion

Shopify said on Tuesday its board had approved an additional $3 billion share buyback program, bringing the Canadian e-commerce company's total repurchase authorization to $5

Shopify expands share buyback program by $3 billion
Business|Economy|Political|World

Mexican sugar producers push to scrap US import quotas

Mexico's sugar industry is pushing for the United States to eliminate limits on U.S. imports and is working on a potential anti-dumping case against

Mexican sugar producers push to scrap US import quotas
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle

Ulta Beauty raises annual profit forecast on TikTok push, prestige demand

Ulta Beauty drew demand for higher-priced products and pulled in young customers through its CEO Kecia Steelman's TikTok push, helping

Ulta Beauty raises annual profit forecast on TikTok push, prestige demand
Business|Economy|Entertainment|Finance|Stock Markets|Technology

GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback

Videogame retailer GameStop posted a 14% rise in quarterly revenue on Tuesday, buoyed by strong collectibles demand, and said its board approved a new $2 billion share repurchase

GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback
Business|Economy|Science|Technology

ChatGPT app hits 1 billion monthly active users in record time, data shows

OpenAI's ChatGPT has crossed 1 billion global monthly active app users, becoming the fastest app ever to reach the milestone, according to estimates from market intelligence firm

ChatGPT app hits 1 billion monthly active users in record time, data shows
Business|Economy|Environment|Finance|Stock Markets|Technology|US|World

CopperTech Metals reports revenue surge in US IPO filing

CopperTech Metals reported a jump in revenue in its filing for U.S. initial public offering on Tuesday, as it looks to capitalize on the Trump administration's policy push for

CopperTech Metals reports revenue surge in US IPO filing
Business|Economy|Finance|Stock Markets|World

Macquarie, IG4 to sell controlling stake in Brazil's CLI to AD Ports for $835 million

Australia's Macquarie Group said on Tuesday its asset management arm and Brazil's IG4 Capital agreed to sell a controlling stake in Corredor Logística e Infraestrutura S.A (CLI) to

Macquarie, IG4 to sell controlling stake in Brazil's CLI to AD Ports for $835 million
Business|Economy|Finance|World

Warsh pledges to follow best of Fed's traditions, while also looking for change

Federal Reserve Chairman Kevin Warsh pledged to follow "the best of the Fed's traditions" in an opening note to the central bank's more than 20,000

Warsh pledges to follow best of Fed's traditions, while also looking for change
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Trump administration drops $1.8 billion 'weaponization' fund after Republican backlash

The Trump administration is abandoning the president's $1.8 billion "weaponization" fund, U.S.

Trump administration drops $1.8 billion 'weaponization' fund after Republican backlash
Business|Economy|Technology

SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say

SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely

SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
Economy|Finance|US|World

US still talking with countries to resettle Afghans as Rubio defends entry to white South Africans

Secretary of State Marco Rubio says the U.S. is still in discussions with several countries to resettle more than 1,000 Afghans who assisted America’s war effort

US still talking with countries to resettle Afghans as Rubio defends entry to white South Africans
Business|Economy|Entertainment|Environment|Sports|Travel

NHL's Dallas Stars plan move to suburbs in 5 years, with NBA's Mavs also leaving downtown then

The Dallas Stars are planning to move north, out of downtown and to the suburb of Plano in five years

NHL's Dallas Stars plan move to suburbs in 5 years, with NBA's Mavs also leaving downtown then
Business|Crime|Economy|Lifestyle|Technology

How a carjacking in Connecticut led back to a man known as the crypto ‘Godfather’ in California

A California man known as the crypto “Godfather” has admitted to playing a key role in a botched Connecticut kidnapping nearly two years ago

How a carjacking in Connecticut led back to a man known as the crypto ‘Godfather’ in California
Business|Economy|Technology|World

US Treasury issues new Iran sanctions targeting crypto exchanges

The United States issued new Iran-related sanctions on Tuesday, targeting individuals and crypto exchanges, a notice on the Treasury Department website showed.

US Treasury issues new Iran sanctions targeting crypto exchanges
Business|Economy|Finance|World

Fed Chair Warsh names policy veterans Winfree, Heil as interim advisers, WSJ reports

Federal Reserve Chair Kevin Warsh has tapped two conservative policy veterans, Paul Winfree and Daniel Heil, to advise him while he settles into the job, the Wall Street Journal

Fed Chair Warsh names policy veterans Winfree, Heil as interim advisers, WSJ reports
Business|Economy|Political|World

Argentina seeks to join Trans-Pacific Partnership treaty, minister says

Argentine Foreign Minister Pablo Quirno said on Tuesday the country intends to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and will

Argentina seeks to join Trans-Pacific Partnership treaty, minister says
Business|Economy|Finance|Science|Technology

Anthropic Mythos access to quadruple to about 200 Glasswing partners

Anthropic on Tuesday said it was planning a wider rollout of its artificial intelligence that has caught the attention of government and financial

Anthropic Mythos access to quadruple to about 200 Glasswing partners
Business|Economy|Political|World

Canada had a positive meeting with the US on free trade talks, Canadian minister says

Canada had a positive meeting with the U.S. on the review of their free trade deal, Canada's minister responsible for Canada-

Canada had a positive meeting with the US on free trade talks, Canadian minister says
Business|Economy|Finance|Technology

Texas Instruments names insider Julie Knecht as finance chief

Texas Instruments on Tuesday named insider Julie Knecht as its finance chief, succeeding Rafael Lizardi, who will retire after 25 years with the analog chipmaker.

Texas Instruments names insider Julie Knecht as finance chief
Business|Economy|Finance|Science|Technology|US|World

Meta scales back plan for internal mouse-tracking tech, citing staff concerns

Meta is dialing back elements of its plan to collect employee mouse movements, keystrokes and other actions for use as AI training data, it said in an internal memo on

Meta scales back plan for internal mouse-tracking tech, citing staff concerns
Business|Economy|Technology|World

US sanctions Iran's largest crypto exchange over IRGC links

The United States announced sanctions on Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted

US sanctions Iran's largest crypto exchange over IRGC links
Business|Economy|Finance|Stock Markets|World

Trading Day: New high? Still a buy

World stocks rose to fresh peaks again on Tuesday as no major change in U.S.-Iran tensions, together with a general calm across currency and bond

Trading Day: New high? Still a buy
Business|Economy|Finance|Stock Markets|Technology

Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge

Palo Alto Networks raised its annual revenue and profit forecast on Tuesday, as enterprises increased spending on cloud, identity and AI-driven cybersecurity products amid a rising

Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge
Business|Economy|Sports|World

World Cup could cost employers as workers tune into matches, survey finds

As the soccer World Cup is set to take over water cooler chats, employers may have trouble keeping workers focused during the tournament - and even getting them to the office in the

World Cup could cost employers as workers tune into matches, survey finds
Business|Economy|Election|Finance|Political|Stock Markets|US|World

The Latest: Rubio testifies in back-to-back Capitol Hill hearings

Secretary of State Marco Rubio will face more questions about the Trump administration’s fragile or stalling diplomatic efforts around the world in back-to-back hearings on Capitol Hill for the first time since the Iran war began

The Latest: Rubio testifies in back-to-back Capitol Hill hearings
Economy|Political|World

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism

Secretary of State Marco Rubio says he's optimistic about the potential for a resumption in nuclear talks with Iran despite a shaky ceasefire in the war that's looking increasingly in doubt

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism
Business|Economy|Health

Did you switch to a healthcare job after struggling to find a job?

Did you switch to a healthcare job after struggling to find a job?

Did you switch to a healthcare job after struggling to find a job?
Economy|Health|Political|World

'Out of my lane.' Dr. Oz ducks questions during his turn in the White House briefing room

Dr. Mehmet Oz, head of the Centers for Medicare & Medicaid Services, has taken a turn in the White House briefing room

'Out of my lane.' Dr. Oz ducks questions during his turn in the White House briefing room
Business|Economy|Finance|Stock Markets|World

Wall Street inches to more records thanks to booming AI stocks

The U.S. stock market inched to more records as winners of the artificial-intelligence boom kept driving higher

Wall Street inches to more records thanks to booming AI stocks
Business|Economy|Education|Election|Environment|Finance|Political|Stock Markets|World

Bangladesh's foreign minister defeats Cyprus' ambassador to be UN General Assembly president

Bangladesh's Foreign Minister Khalilur Rahman has won a hotly contested race to be the next president of the 193-member United Nations General Assembly

Bangladesh's foreign minister defeats Cyprus' ambassador to be UN General Assembly president
Business|Economy|Finance|Political|World

Trump administration proposes 25% tariffs on Brazil despite extensive US trade surplus

The Trump administration proposed 25% tariffs on imports from Brazil, charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict U.S. commerce

Trump administration proposes 25% tariffs on Brazil despite extensive US trade surplus
Business|Crime|Economy|Environment|Health|Lifestyle

Community supports grieving family after triple homicide

Community supports grieving family after triple homicide

Community supports grieving family after triple homicide
Business|Economy|Education|Entertainment|Environment|Health|Lifestyle

'Savvy's Stuffies': Girl's ER visit sparks effort to support kids in difficult situations

'Savvy's Stuffies': Girl's ER visit sparks effort to support kids in difficult situations

'Savvy's Stuffies': Girl's ER visit sparks effort to support kids in difficult situations
Business|Economy|Environment|Political

New York sues over the Trump administration's deal to end an offshore wind project

New York’s attorney general is suing the Trump administration over one of its deals to end an offshore wind project

New York sues over the Trump administration's deal to end an offshore wind project
Economy|Political|US|World

Rubio grilled on Iran, says US won't swap sanctions relief for strait

U.S.

Rubio grilled on Iran, says US won't swap sanctions relief for strait
Business|Economy|Environment|Science|Technology

US picks Louisiana, Oklahoma rare earth projects for $134 million funding

The U.S. Department of Energy said on Tuesday it has selected projects in Louisiana and Oklahoma for $134 million in funding to extract rare earth elements from waste streams.

US picks Louisiana, Oklahoma rare earth projects for $134 million funding
Business|Economy|Entertainment|Lifestyle|World

Ex-Hollywood, MAGA and Trump's ballroom commissioner: the U.S. crowd at Russia's 'Davos'

Russia's 'Davos' - formally known as the St Petersburg Economic Forum - kicks off on Wednesday and has attracted an eclectic crowd, including some Americans

Ex-Hollywood, MAGA and Trump's ballroom commissioner: the U.S. crowd at Russia's 'Davos'
Business|Economy|World

Cuba defends military-run GAESA as US sanctions prompt hotel exodus

Cuba on Tuesday defended a military-run conglomerate long the target of U.S. sanctions, saying the group of businesses known as GAESA has contributed to the

Cuba defends military-run GAESA as US sanctions prompt hotel exodus
Business|Economy|Finance|Political|World

Mexico backs extending USMCA trade pact for 16 years

Mexico's government has reiterated its support to extend the U.S.-Mexico Canada (USMCA) trade agreement for 16 years, Economy Minister Marcelo Ebrard said on Tuesday,

Mexico backs extending USMCA trade pact for 16 years
Business|Economy|Finance|Stock Markets|US

Goldman CEO says high oil prices could shift consumer behavior in second half of 2026

Goldman Sachs CEO David Solomon expects consumer behavior to change in the second half of 2026 if inflation picks up, fueled by higher oil

Goldman CEO says high oil prices could shift consumer behavior in second half of 2026
Business|Economy|Finance|Stock Markets|Technology

Wall St ends modestly higher as AI zeal overcomes Middle East jitters

The S&P 500 and the Dow closed modestly higher on Tuesday as risk appetite driven by AI fervor was counterbalanced by tensions arising from

Wall St ends modestly higher as AI zeal overcomes Middle East jitters
Business|Economy|Science|Technology|World

Trump signs executive order asking for access to new AI models before they launch

Trump signs executive order asking for access to new AI models before they launch

Trump signs executive order asking for access to new AI models before they launch
Business|Economy|Political|Science|Technology|World

Trump signs an executive order that invites vetting of top AI models for national security risks

President Donald Trump has signed a new executive order on oversight of artificial intelligence, less than two weeks after postponing a White House ceremony over his concerns that a similar policy could dull America’s edge on AI technology

Trump signs an executive order that invites vetting of top AI models for national security risks
Crime|Economy|Europe|Finance|Political|World

Russia slams key Ukrainian cities in one of deadliest offensives in months

Russia slams key Ukrainian cities in one of deadliest offensives in months

Russia slams key Ukrainian cities in one of deadliest offensives in months
Americas|Crime|Economy|Political|World

Fear shadows Peru’s runoff vote as extortion and killings surge nationwide

Peru is grappling with a surge in extortion and violence, especially in areas like Trujillo

Fear shadows Peru’s runoff vote as extortion and killings surge nationwide
Business|Economy|Environment|World

The Trump admin paid a French company $1 billion to not build offshore wind farms. Blue states are suing

The Trump admin paid a French company $1 billion to not build offshore wind farms. Blue states are suing

The Trump admin paid a French company $1 billion to not build offshore wind farms. Blue states are suing
Business|Economy

UAW strike against GM axle supplier continues without talks, union official says

Negotiations between a General Motors pickup truck axle supplier and the United Auto Workers have not taken place since the union launched a strike against

UAW strike against GM axle supplier continues without talks, union official says
Business|Economy|Environment|World

Union at Colombia's Ecopetrol launches 24-hour strike over labor talks

The main union at Colombia's state-run oil company Ecopetrol launched a 24-hour strike on Tuesday, protesting what it called a deadlock in negotiations

Union at Colombia's Ecopetrol launches 24-hour strike over labor talks
Business|Economy|Finance|Political|Stock Markets|US|World

Brazil's Lula nods to China as Trump administration proposes 25% tariff

Brazilian President Luiz Inacio Lula da Silva on Tuesday highlighted his country's ties with China after the U.S. proposed a new punitive tariff of 25% on many imports

Brazil's Lula nods to China as Trump administration proposes 25% tariff
Business|Economy|Finance|Stock Markets|World

Oil prices rise to one-week high as Iran reviews US proposal to halt war

Oil prices climbed about 1% to a one-week high in volatile trade on Tuesday as the market waited for news on the Iran war, with Tehran reviewing a

Oil prices rise to one-week high as Iran reviews US proposal to halt war
Business|Economy|Environment|Finance|Science|Technology|US

Blue Origin's New Glenn rocket to return to flight before year ends, CEO says

Blue Origin will return its New Glenn rocket to flight before the year ends, CEO Dave Limp said late on Monday, days after one of the rockets exploded, damaging the

Blue Origin's New Glenn rocket to return to flight before year ends, CEO says
Business|Economy|Environment|Health|Science

Flesh-eating screwworm detected 25 miles from US border in Mexico, USDA says

A parasitic fly that eats warm-blooded animals alive and could cause millions of dollars in economic damage was found in Mexico within 25 miles of the

Flesh-eating screwworm detected 25 miles from US border in Mexico, USDA says
Business|Economy|Environment|Political|US

US lawmakers propose ending 12% excise tax on heavy-duty trucks

Two U.S. senators on Tuesday proposed ending the 12% federal excise tax on heavy-duty trucks, saying it could boost sales of newer, cleaner models.

US lawmakers propose ending 12% excise tax on heavy-duty trucks
Business|Economy|Finance|Stock Markets|US

US exchanges extend selloff as perpetual futures approval unnerves investors

The selloff in the shares of U.S. bourse operators continued on Tuesday on worries over the risk implications of perpetual futures for cryptocurrencies and fear among investors that

US exchanges extend selloff as perpetual futures approval unnerves investors
Business|Economy|Finance|Stock Markets|Technology|World

World stocks rally on AI optimism; jitters over Iran persist

Global stocks rallied on Tuesday, buoyed by AI optimism, while oil prices edged higher amid rising uncertainty over a possible

World stocks rally on AI optimism; jitters over Iran persist
Business|Economy|Environment

US states sue Trump administration over deal to scrap offshore wind project

Seven U.S. states led by New York sued the Trump administration and a French energy firm on Tuesday for canceling a major offshore wind lease off the coast of New

US states sue Trump administration over deal to scrap offshore wind project
Business|Economy|Finance|Political|Stock Markets|US|World

Trump makes changes to steel, aluminum and copper tariffs

President Donald Trump on Monday adjusted tariffs on some steel, aluminum and copper imports, lowering some tariffs on farming equipment and extending tariffs on other equipment

Trump makes changes to steel, aluminum and copper tariffs
Business|Economy|Political|US|World

Trump names controversial top housing official to be acting director of national intelligence

Trump names controversial top housing official to be acting director of national intelligence

Trump names controversial top housing official to be acting director of national intelligence
Arts|Business|Economy|Food|World

General Mills agrees to sell Häagen-Dazs shops in China to investor group

General Mills is selling its Häagen-Dazs ice cream shops in China to a group of investors that includes a Chinese tea brand

General Mills agrees to sell Häagen-Dazs shops in China to investor group
Business|Economy|Europe|Finance|Political|Stock Markets|World

German labour agency faces over 8 billion euro deficit in 2026, report says

Germany's Federal Employment Agency (BA) faces a deficit of more than €8 billion euros ($9.3 billion) this year, more than twice the shortfall previously planned, according

German labour agency faces over 8 billion euro deficit in 2026, report says
Business|Economy|Finance|Stock Markets|Technology

Retail investors fuel record buying in US software ETF as AI trade broadens

The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors on record on Monday, data from Vanda Research showed.

Retail investors fuel record buying in US software ETF as AI trade broadens
Business|Economy|Finance|Stock Markets|World

Israel rates may fall faster if Iran ceasefire lowers inflation, cenbank chief says

Israel's short-term interest rates could fall at a faster pace if inflation continues to ease as a result of increased optimism over a ceasefire deal

Israel rates may fall faster if Iran ceasefire lowers inflation, cenbank chief says
Business|Economy|Finance|Stock Markets|World

Philip Morris cuts annual profit forecast as currency volatility bites

Philip Morris International cut its annual profit forecast on Tuesday citing currency swings, though CEO Jacek Olczak said other risks to achieving its outlook such as rising energy

Philip Morris cuts annual profit forecast as currency volatility bites
Business|Economy|Finance|Political|World

Carney says some Canadian economic data will be uneven

Canadian Prime Minister Mark Carney, pressed about statistics showing the country is in a technical recession, on Tuesday told reporters that as the government pressed ahead

Carney says some Canadian economic data will be uneven
Business|Economy|Finance|Stock Markets|Technology

Wall Street slips at open after record highs; HPE soars

Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from

Wall Street slips at open after record highs; HPE soars
Business|Economy|Political|World

Greer says USTR to release more Section 301 actions soon, proposed Brazil tariffs 'nuanced'

U.S.

Greer says USTR to release more Section 301 actions soon, proposed Brazil tariffs 'nuanced'
Business|Economy|US|World

Trump administration proposes 25% tariff to punish Brazil over trade practices

The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its

Trump administration proposes 25% tariff to punish Brazil over trade practices
Business|Economy|Finance|Stock Markets|US

Dollar General flags strain on core shoppers, lifts profit forecast

Dollar General warned on Tuesday that its core customers remain under pressure from higher gas prices, prompting the discount retailer to hold its annual sales

Dollar General flags strain on core shoppers, lifts profit forecast
Economy|Environment|Europe|World

Frederiksen set to start a third term as Danish prime minister thanks to firm position on Greenland

Mette Frederiksen is set to begin a third term as Denmark’s prime minister by leading a center-left coalition of four parties

Frederiksen set to start a third term as Danish prime minister thanks to firm position on Greenland
Arts|Business|Economy|Environment|Europe|Finance|Lifestyle|Political|Sports|Technology|Travel|US|World

Putin's 'Davos' haunted by war and stagnation despite the swank of influencers

A right-wing U.S. influencer, a serving U.S. official and a German retail billionaire are due to attend President Vladimir Putin's "

Putin's 'Davos' haunted by war and stagnation despite the swank of influencers
Business|Economy|US|World

US job openings rise by the most since 2021; hiring weak amid economic uncertainty

U.S. job openings increased by the most in five years in April, but the surge likely overstates the labor market's health, as hiring declined against

US job openings rise by the most since 2021; hiring weak amid economic uncertainty
Africa|Business|Crime|Economy|Political|World

Mozambique says five nationals die in South African anti-immigrant attacks

Mozambique said five of its citizens died in anti-immigration violence in the South African town of Mossel Bay over the weekend in the latest flare-up of

Mozambique says five nationals die in South African anti-immigrant attacks
Business|Economy|Environment|Technology|US

USA Rare Earth to invest $1.2 billion in South Carolina facility to boost domestic supply

USA Rare Earth said on Tuesday it will invest $1.2 billion to build a magnet manufacturing and rare earth metals facility in South Carolina, as it expands domestic production

USA Rare Earth to invest $1.2 billion in South Carolina facility to boost domestic supply
Business|Economy|Finance|Stock Markets|World

Dollar in tight range as traders eye Middle East peace talks

The dollar traded in a narrow range on Tuesday as investors stayed on alert for signs of progress on a potential deal to reopen the Strait of Hormuz. 

Dollar in tight range as traders eye Middle East peace talks
Americas|Business|Crime|Economy|Lifestyle|US|World

Four charged after suspected cartel tunnel found beneath store near Otay Mesa border crossing

Four charged after suspected cartel tunnel found beneath store near Otay Mesa border crossing

Four charged after suspected cartel tunnel found beneath store near Otay Mesa border crossing
Business|Economy|Finance|Stock Markets|Technology

AI demand, earnings optimism lift tech giants' market value in May

The world's most valuable technology companies with the exception of Alphabet added billions of dollars in market value in May, as upbeat earnings outlooks and strong demand for AI

AI demand, earnings optimism lift tech giants' market value in May
Business|Crime|Economy|World

Local party chief probed after 82 killed in Chinese mining tragedy

A party chief in the northern coal-rich Chinese province of Shanxi is under investigation over "suspected serious violations of discipline and law", the local anti-graft

Local party chief probed after 82 killed in Chinese mining tragedy
Economy|Europe|Finance|World

Danish PM unveils plans for welfare push, defiance of Trump

Danish Prime Minister Mette Frederiksen's new centre-left government will resist U.S. pressure over the future of Greenland, tackle

Danish PM unveils plans for welfare push, defiance of Trump
Business|Economy|Finance|Stock Markets|World

Oil market could be underpricing risks, Vitol's Bahrain chief says

The oil market is underpricing some risks from the Iran war, global commodity trading house Vitol's managing director for Bahrain, Tom Baker, said on

Oil market could be underpricing risks, Vitol's Bahrain chief says
Business|Economy|World

UniCredit says it met its goal in Commerzbank bid as stake reaches 34%

Italian bank UniCredit has increased its direct stake in Commerzbank to 34.4%, it said on Tuesday, under the takeover bid it launched on May 5 amid widespread

UniCredit says it met its goal in Commerzbank bid as stake reaches 34%
Business|Economy|Finance|Political|Stock Markets|World

Bank of England's Bailey says public must be given confidence in 2% inflation target

Bank of England Governor Andrew Bailey said on Tuesday it was important to get UK inflation back to target and give households confidence

Bank of England's Bailey says public must be given confidence in 2% inflation target
Economy|Environment|Political|World

Iran studying deal to halt war, as Trump says talks going on continuously

Iran is reviewing a proposed agreement with the U.S. to halt their war but has not communicated with Washington for a few days,

Iran studying deal to halt war, as Trump says talks going on continuously
Economy|Education|Election|Environment|Political

Democrats don’t get why they’ve lost most working class voters

Class-war rhetoric from Democratic candidates jams working-class voters into a prefabricated progressive agenda, an expert on rural and working-class communities argues.

Democrats don’t get why they’ve lost most working class voters
Business|Economy|Environment|Science|Technology

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says
Business|Crime|Economy|Finance|Stock Markets|US

Short seller Andrew Left convicted of securities fraud

A federal grand jury in California has convicted short seller Andrew Left of securities fraud

Short seller Andrew Left convicted of securities fraud
Business|Economy|Finance|Stock Markets|US

US job openings are at their highest level in nearly two years

US job openings are at their highest level in nearly two years

US job openings are at their highest level in nearly two years
Business|Economy|Finance|Stock Markets|US|World

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war

U.S. job openings jumped in April as the labor market looked resilient despite economic uncertainty caused by the Iran war

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war
Economy|Finance|Political|World

UK budget watchdog will factor stickier inflation into next forecasts

Britain's budget watchdog said on Tuesday it will factor in the unexpectedly strong persistence of inflation after the 2022 energy price shock when it

UK budget watchdog will factor stickier inflation into next forecasts
Business|Economy|Finance|MidEast|Political|World

Netanyahu faces criticism after Trump halts Israeli strikes on Beirut

Benjamin Netanyahu is under criticism at home after U.S.

Netanyahu faces criticism after Trump halts Israeli strikes on Beirut
Business|Economy|Finance|Stock Markets|US|World

John Delaney's Forbright targets $994 million valuation in US IPO

Forbright, founded by former U.S.

John Delaney's Forbright targets $994 million valuation in US IPO
Business|Economy|Europe|Technology|World

China's carmakers expand their presence in Europe

Chinese automakers are expanding in Europe, betting on their competitive pricing and advanced technology to break into a market traditionally dominated by European and American

China's carmakers expand their presence in Europe
Business|Economy|Science|Technology

How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap

Micron Technology's march toward a $1 trillion valuation is nothing if not dramatic: a year ago it was a little over $100 billion.

How a nudge from Nvidia propelled frugal Micron into the AI boom and a $1 trillion market cap
Business|Economy|Technology|World

Tesla extends Chinese-made EV growth as sales surge in May

Tesla's Chinese-made electric vehicle sales jumped 39.4% from a year earlier in May, marking a seventh consecutive month of growth as it held its ground against Chinese

Tesla extends Chinese-made EV growth as sales surge in May
Business|Economy|Finance|World

IMF flags central bank independence gaps across Middle East, Central Asia

Central banks in the Middle East, Central Asia and the Caucasus need stronger protection from political pressure and government financing demands to keep inflation

IMF flags central bank independence gaps across Middle East, Central Asia
Economy|Education|Environment|Health|Political|World

UN warns funding cuts could worsen Rohingya crisis in Bangladesh

The U.N. refugee agency warned on Tuesday that declining humanitarian funding could significantly worsen conditions for around 1.2 million Rohingya refugees in Bangladesh,

UN warns funding cuts could worsen Rohingya crisis in Bangladesh
Economy|Health|World

Iran war disruption threatening delivery of lifesaving supplies for children, UN says

Surging global transport costs and supply chain disruptions linked to the Middle East crisis are threatening the delivery of lifesaving aid to children, the U.N. children's

Iran war disruption threatening delivery of lifesaving supplies for children, UN says
Business|Economy|Entertainment|Fashion and Beauty|Stock Markets

Victoria's Secret soars 50% as turnaround powers upbeat annual forecasts

Victoria's Secret shares jumped about 50% to a record high and were set for their best day ever on Tuesday, after the lingerie retailer raised its annual forecasts after posting

Victoria's Secret soars 50% as turnaround powers upbeat annual forecasts
Business|Economy|Environment|Finance|Lifestyle|Travel

Sticker shock meets gridlock: LA motorists keep driving at any price

If you thought soaring pump prices since the onset of the Iran war might help clear the notoriously clogged highways of Los Angeles, think again.

Sticker shock meets gridlock: LA motorists keep driving at any price
Business|Economy|Finance|Stock Markets|Technology

HPE shares soar 28% as demand for AI infrastructure powers stellar quarter

Hewlett Packard Enterprise shares surged 28% on Tuesday after a rosy quarter that put it on track to hit long-term financial targets two years ahead of schedule, the latest evidence

HPE shares soar 28% as demand for AI infrastructure powers stellar quarter
Business|Economy|Science|Technology

Morningstar values SpaceX at $780 billion, half its IPO target

Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public

Morningstar values SpaceX at $780 billion, half its IPO target
Business|Economy|Finance|Political|World

Fed's Hammack says rates may need to rise if rising inflation does not abate

By Michael S.

Fed's Hammack says rates may need to rise if rising inflation does not abate
Business|Economy|Finance|Technology|World

Mastercard appoints insider Ling Hai CFO in leadership reshuffle

Mastercard named Ling Hai as chief financial officer on Tuesday to succeed Sachin Mehra, who will step into the newly created role of chief business officer, as the payments giant

Mastercard appoints insider Ling Hai CFO in leadership reshuffle
Business|Economy|Education|Environment|Health|Political

Philadelphia man among over 35,000 former federal workers waiting for full retirement benefits

Philadelphia man among over 35,000 former federal workers waiting for full retirement benefits

Philadelphia man among over 35,000 former federal workers waiting for full retirement benefits
Business|Economy|World

Israel's weapons exports reach a record high with sales doubling in the past 5 years

Israel's weapons exports reached a record high of over $19 billion last year, marking a 30% increase from 2024, according to Israel's Defense Ministry

Israel's weapons exports reach a record high with sales doubling in the past 5 years
Asia|Business|Economy|World

Cambodia initiates action with UN agency to force conciliation of maritime dispute with Thailand

Cambodia has filed for compulsory conciliation under a U.N. maritime law agreement to resolve a sea border dispute with Thailand

Cambodia initiates action with UN agency to force conciliation of maritime dispute with Thailand
Business|Crime|Economy|Europe|Finance|Political|Stock Markets|US|World

EU strikes migration deal for more deportations and detention centers abroad

The European Union has agreed on a major overhaul of its migration policy, aiming to increase deportations and establish detention centers abroad

EU strikes migration deal for more deportations and detention centers abroad
Business|Economy|Europe|MidEast|World

EBRD chief says governments need to target any support as Middle East war bites

Government support in emerging economies affected by the Middle East conflict should be temporary and targeted, the head of the European Bank for

EBRD chief says governments need to target any support as Middle East war bites
Asia|Business|Economy|Science|Technology|US|World

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China

By Max A.

Arm Holdings CEO says US would have difficulty banning AI CPU chip exports to China
Business|Economy|Finance|World

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee
Crime|Economy|Europe|Political|World

Kremlin talks of new 'paradigm' in Ukraine war, accusing Kyiv of 'acts of terror'

The Kremlin said on Tuesday that the war in Ukraine had entered a "different paradigm" due to what it called "inhumane acts of terror" carried out by Kyiv's military against

Kremlin talks of new 'paradigm' in Ukraine war, accusing Kyiv of 'acts of terror'
Business|Economy|Finance|Stock Markets|US

US fund management firms back 401(k) alternative assets proposal, but others worry about risks

The U.S. fund management industry has thrown its weight behind a proposal to open up retirement plans to alternative assets like private

US fund management firms back 401(k) alternative assets proposal, but others worry about risks
Business|Economy|Europe|Finance|World

Euro will only gain bigger role with deliberate policy action, says ECB's Cipollone

The rise in the global role of the euro currency has been circumstantial up to now and the bloc needs to act deliberately to carve out a greater market share, European

Euro will only gain bigger role with deliberate policy action, says ECB's Cipollone
Business|Economy|Finance|Stock Markets|Technology

Marvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'

Marvell Technology's shares surged more than 25% on Tuesday after Nvidia's CEO Jensen Huang called the chipmaker the next "trillion-dollar company."

Marvell shares touch record high after Nvidia's Huang calls it 'next trillion-dollar company'
Business|Economy|Finance|Technology|World

Equity supply shock?

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets On the surface, global markets looked pretty serene early on Tuesday,

Equity supply shock?
Economy|Environment|Health|Science|World

UN urges the world to ready for extreme heat risk from El Nino

The United Nations weather agency forecast on Tuesday a moderate or possibly a strong El Nino that could drive up global temperatures and increase the

UN urges the world to ready for extreme heat risk from El Nino
Business|Crime|Economy|Finance|Political|Stock Markets

New Mexico ‘Truth Commission’ begins investigation into Epstein’s Zorro Ranch, will issue subpoenas

New Mexico ‘Truth Commission’ begins investigation into Epstein’s Zorro Ranch, will issue subpoenas

New Mexico ‘Truth Commission’ begins investigation into Epstein’s Zorro Ranch, will issue subpoenas
Business|Economy|Entertainment|Lifestyle|Technology

Amazon moves Prime Day to June, keeps it a four-day event

Amazon.com will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years, citing major

Amazon moves Prime Day to June, keeps it a four-day event
Business|Economy|Science|Technology

America’s stock market is surging, but it’s still all about AI

America’s stock market is surging, but it’s still all about AI

America’s stock market is surging, but it’s still all about AI
Business|Economy|Finance|Political|Stock Markets|US

Trump’s financial ties face scrutiny after moves benefiting allies and family

President Donald Trump has found multiple ways to harness the presidency to benefit himself

Trump’s financial ties face scrutiny after moves benefiting allies and family
Business|Economy|Europe|Finance|Stock Markets|World

Euro fails to nab big market share from dollar despite erratic US policy, report shows

The global role of the euro currency hardly budged last year, disappointing some hopes that erratic economic policy in the United States could give it a big boost, as

Euro fails to nab big market share from dollar despite erratic US policy, report shows
Business|Economy|Europe|World

EU lawmaker committee backs deal to avert new US trade clash

A European Parliament committee voted overwhelmingly on Tuesday to remove EU import duties on many U.S. goods, a step to comply with the trade deal

EU lawmaker committee backs deal to avert new US trade clash
Arts|Business|Economy|Europe|Fashion and Beauty

Estee Lauder still open to acquisitions after failed Puig talks, CEO says

An Estee Lauder merger with Jean Paul Gaultier-owner Puig failed to go through because of the price tag, Stephane de La Faverie, President and CEO of the U.S. cosmetics maker said

Estee Lauder still open to acquisitions after failed Puig talks, CEO says
Business|Economy|Europe|Technology|World

European shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets

European shares rose on Tuesday, as a strong forecast from STMicroelectronics boosted technology stocks and investors assessed

European shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets
Business|Economy|Europe|World

Euro zone inflation jump reinforces case for June rate hike

Euro zone inflation accelerated further last month, driven by energy and services, bolstering the already strong case for a small European Central Bank

Euro zone inflation jump reinforces case for June rate hike
Business|Economy|World

94 days of paralysis: The Strait of Hormuz remains choked off

94 days of paralysis: The Strait of Hormuz remains choked off

94 days of paralysis: The Strait of Hormuz remains choked off
Business|Economy|Europe|Technology|World

Startups shore up Ukraine's defences with sea drone swarms and robot trucks

How to stop Russian drones flying undetected across the Black Sea to attack Ukraine's port city of Odesa?

Startups shore up Ukraine's defences with sea drone swarms and robot trucks
Business|Economy|Europe|World

Key ECB policymaker quotes in run-up to June 11 policy meeting

The following are key quotes from European Central Bank policymakers in the run-up to the June 11 policy meeting.

Key ECB policymaker quotes in run-up to June 11 policy meeting
Business|Crime|Economy|Political|Technology|World

Restrictions on prediction market bets by US troops part of draft defense bill

Restrictions on prediction market bets by US troops part of draft defense bill

Restrictions on prediction market bets by US troops part of draft defense bill
Economy

Japan tempers yen warnings despite renewed slide towards key 160 level

Japanese financial authorities held back from stepping up verbal warnings on the yen on Tuesday even as it neared the key 160-per-dollar mark, a restraint

Japan tempers yen warnings despite renewed slide towards key 160 level
Business|Economy|Finance|Stock Markets|Technology

Nvidia chief to Asia: 'We're still supply constrained'

A look at the day ahead in European and global markets from Gregor Stuart Hunter Nvidia CEO Jensen Huang says the company has enough supply for "very, very robust growth" linked to the AI boom.

Nvidia chief to Asia: 'We're still supply constrained'
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle|World

Luxury brands seek to lure America's AI super-rich

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Luxury brands seek to lure America's AI super-rich
Economy|Election|Europe|Political|World

In France's poor, diverse suburbs, Melenchon's hard left charts a path to the presidency

When Bassi Konate became mayor of Sarcelles this spring, the independent candidate backed by the hard-left France Unbowed (LFI) party ended

In France's poor, diverse suburbs, Melenchon's hard left charts a path to the presidency
Asia|Business|Economy|Political|World

Japan considering sales tax cut in April 2027, Mainichi reports

Japan is considering rolling out a two-year cut to its tax on food sales from April next year, the Mainichi newspaper reported, a move

Japan considering sales tax cut in April 2027, Mainichi reports
Business|Economy|Europe|Travel|World

EasyJet lures takeover interest as investors spot a bargain

British budget airline easyJet has caught the eye of U.S. investment firm Castlelake for a possible takeover.

EasyJet lures takeover interest as investors spot a bargain
Business|Economy|Europe|World

Euro zone firms struggle to raise prices despite Iran war shock

Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis

Euro zone firms struggle to raise prices despite Iran war shock
Business|Economy|Finance|Stock Markets|World

BOJ should signal clear rate path after June hike, SMFG markets chief says

The Bank of Japan should lay out a clear path for policy normalisation after a widely expected rate hike this month to stabilise the bond

BOJ should signal clear rate path after June hike, SMFG markets chief says
Australia|Business|Economy|Environment|Health|World

Australia orders Amazon, eBay, others to not sell banned magnetic toys

Australia's competition watchdog has sent takedown requests to Amazon, eBay, Kogan and Fruugo after finding listings for banned magnetic chess-style toys whose magnets can cause

Australia orders Amazon, eBay, others to not sell banned magnetic toys
Australia|Business|Economy|World

Australia's net trade drags on economy in Q1 as tech, fuel imports surge

Australia's net trade proved to be a major drag on the economy in the first quarter as imports of data centre equipment boomed and the value of fuel shipments

Australia's net trade drags on economy in Q1 as tech, fuel imports surge
Business|Economy|Lifestyle|Travel|World

From hiking to hotpot, lonely consumers in China fuel a $7.4 billion companionship economy

On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can

From hiking to hotpot, lonely consumers in China fuel a $7.4 billion companionship economy
Business|Economy|Finance|Science|Technology

Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'

The cost of using AI will rise in less predictable ways as companies deploy the technology for complex tasks, the head of Australia's biggest bank said on Tuesday, calling

Australia's CBA flags surging AI costs as tasks grow complex, slams 'work slop'
Business|Economy|Finance|Technology

SEC, Elon Musk defend 'compromise' settlement over Twitter purchases

Elon Musk and the U.S.

SEC, Elon Musk defend 'compromise' settlement over Twitter purchases
Australia|Business|Economy|Finance|World

Australia lifts minimum wage by 4.75% as inflation reaccelerates

Australia's independent wage-setting body on Tuesday said the country's 2.8 million lower-paid workers will get a 4.75% pay rise from July, a

Australia lifts minimum wage by 4.75% as inflation reaccelerates
Business|Crime|Economy|Finance|Stock Markets|US

US jury finds investor Andrew Left guilty of securities fraud

A U.S. jury found prominent investor Andrew Left guilty of securities fraud on Monday, the Justice Department said, in a blow to a divisive cohort of short sellers

US jury finds investor Andrew Left guilty of securities fraud
Business|Economy|Political

Trump signs proclamation amending  tariffs on steel, aluminum and copper imports

U.S.

Trump signs proclamation amending  tariffs on steel, aluminum and copper imports
Business|Economy|Finance|Stock Markets|World

Blackstone raises $13.1 billion for its largest Asia private equity fund

Alternative asset manager Blackstone said on Tuesday it has raised $13.1 billion for its Asia private equity fund, exceeding its initial target and marking its largest such

Blackstone raises $13.1 billion for its largest Asia private equity fund
Australia|Business|Economy|World

Australian government spending flat in Q1, no boost to GDP

Australian government spending was flat in the first quarter, data showed on Tuesday, offering no impetus to economic growth early in the year after a run of strong outcomes

Australian government spending flat in Q1, no boost to GDP
Business|Economy|Health|Political

US agency announces interim guidance on Medicaid work requirements

The U.S. agency that runs the Medicare and Medicaid programs on Monday announced interim guidance on how states should implement new work requirements for

US agency announces interim guidance on Medicaid work requirements
Business|Economy|Finance|Stock Markets|Technology|US

Berkshire, under new CEO Greg Abel, invests $16.8 billion in two days

Greg Abel appears to be putting his stamp on Berkshire Hathaway, which committed $16.8 billion over two days to buy homebuilder Taylor Morrison Home Corp and

Berkshire, under new CEO Greg Abel, invests $16.8 billion in two days
Business|Economy|Entertainment|Finance|Food|Stock Markets

Coca-Cola explores listing of India bottling unit in 2027

Coca-Cola said on Monday it was exploring a potential initial public offering in India for Hindustan Coca-Cola Holdings, the parent of its largest bottler in the country.

Coca-Cola explores listing of India bottling unit in 2027
Economy|Political|World

Lebanon announces partial ceasefire between Israel, Hezbollah but attacks continue

Lebanon announced a partial ceasefire between Hezbollah and Israel on Monday in what would amount to a limited de-

Lebanon announces partial ceasefire between Israel, Hezbollah but attacks continue
Business|Economy|World

Fitch Ratings to withdraw NZ's Fonterra ratings after it ends engagement

Fitch Ratings said on Tuesday it planned to withdraw its ratings on Fonterra Co-operative Group, days after the dairy producer announced it would cease its engagement with the

Fitch Ratings to withdraw NZ's Fonterra ratings after it ends engagement
Asia|Business|Economy|World

South Korea inflation hits two-year high, imminent rate hike in play

South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East

South Korea inflation hits two-year high, imminent rate hike in play
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses it

President Donald Trump is reconsidering whether to move forward with a $1.8 billion fund meant to compensate his allies, a person familiar with his thinking said Monday

Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses it
Americas|Crime|Economy|Political|World

Chile's Kast launches legislative agenda as he seeks to restore popularity

Chile's far-right President Jose Antonio Kast, who took office in March, promised a legislative agenda that prioritizes fighting

Chile's Kast launches legislative agenda as he seeks to restore popularity
Australia|Business|Economy|Environment|World

Australia says its wheat output will be shrunk by Iran war costs, dry weather

Australia's upcoming wheat harvest will be the smallest in three years, as high fertiliser costs and dry conditions in some areas reduce planting and yields, the

Australia says its wheat output will be shrunk by Iran war costs, dry weather
Crime|Economy|Sports|World

Soccer-Toronto police seize $2.5 million worth of fake soccer gear ahead of World Cup

Less than two weeks before the World Cup kicks off, Toronto Police announced on Monday that they made the largest known seizure of counterfeit soccer jerseys in Canadian

Soccer-Toronto police seize $2.5 million worth of fake soccer gear ahead of World Cup
Economy|Travel|World

US Homeland Security chief sees no need to stop international flight processing at Newark Airport

U.S.

US Homeland Security chief sees no need to stop international flight processing at Newark Airport
Business|Economy|Environment|Science|Technology

Duke Energy exploring tech partnerships to offset nuclear expansion risks

Duke Energy, one of the largest U.S. electric utilities, said on Monday it has talked to hyperscalers about the prospect of building new

Duke Energy exploring tech partnerships to offset nuclear expansion risks
Business|Economy|Environment|Finance|Technology

US PJM proposes raising minimum capitalization to $2 million for market participants

U.S. grid operator PJM Interconnection on Monday said it has proposed raising its minimum capitalization threshold to $2 million for wholesale electricity market participants to

US PJM proposes raising minimum capitalization to $2 million for market participants
Arts|Business|Economy

The art fair that refused to cancel

Despite the shadow of regional conflict, Art Dubai tests whether Dubai’s art market can remain a global gathering point.

The art fair that refused to cancel
Business|Economy|Political|World

Pentagon bars journalists from its press office, saying it has become a 'classified space'

The Defense Department has declared its press office a classified space, barring journalists from entry

Pentagon bars journalists from its press office, saying it has become a 'classified space'
Business|Economy|World

The Latest: Appeals court rules Trump policy illegally banned transgender troops from military

A divided panel of federal appeal court judges has ruled that a Trump administration policy illegally banned transgender troops from military service

The Latest: Appeals court rules Trump policy illegally banned transgender troops from military
Arts|Business|Economy|Entertainment|Sports

Baseball players' chief says union 'has never been broken' and will fight MLB's salary cap proposal

The head of the baseball players' association insists the union will fight management's salary cap proposal

Baseball players' chief says union 'has never been broken' and will fight MLB's salary cap proposal
Business|Economy|Technology|World

Iran war hands Syria windfall as airlines reroute over its airspace

Syria recorded nearly 12,000 aircraft transits in May as regional airlines rerouted

Iran war hands Syria windfall as airlines reroute over its airspace
Business|Economy|World

UAW calls for a midnight strike at GM pickup truck axle supplier

United Auto Workers President Shawn Fain on Sunday called for a strike at a Michigan factory that makes axles for General Motors pickup trucks, some of its

UAW calls for a midnight strike at GM pickup truck axle supplier
Economy|Political|World

Senegal's Sonko pulls his party from new government, raising risk to IMF deal

Senegal's recently ousted prime minister, Ousmane Sonko, announced on Monday that the political party he leads will not participate in the country's new

Senegal's Sonko pulls his party from new government, raising risk to IMF deal
Business|Economy|Technology

HPE fast forwards to 2028 goals on robust AI demand, shares surge 36%

Hewlett Packard Enterprise posted record second-quarter results on Monday, prompting it to accelerate its long-term financial goals by two years, as expansion of

HPE fast forwards to 2028 goals on robust AI demand, shares surge 36%
Business|Economy|Finance|World

BP tasks independent director Amanda Blanc to lead search for next chair

BP has asked senior independent director Amanda Blanc to lead the search for the next chair, the energy company's interim chair Ian Tyler said in a statement to Reuters on Monday.

BP tasks independent director Amanda Blanc to lead search for next chair
Business|Economy|Finance|Stock Markets|Technology

Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession

AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up a watershed moment for Wall Street's AI frenzy.

Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Talks + tech = boom!

Conflicting headlines on the U.S.-Iran ceasefire dominated world markets on Monday, with the big three U.S. stock indices eventually joining

Trading Day: Talks + tech = boom!
Arts|Business|Economy|Environment|Technology

GE Vernova loses renewed bid to end work on New England wind farm

A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova to continue work on the largest offshore wind farm in New

GE Vernova loses renewed bid to end work on New England wind farm
Business|Economy|Finance|Political|World

Trump's 'weaponization' fund put on hold after fierce opposition from Congress

President Donald Trump's nearly $1.8 billion fund to compensate ‌victims of alleged government “

Trump's 'weaponization' fund put on hold after fierce opposition from Congress
Business|Economy|Finance|Technology

DriveNets secures $410 million in latest funding round, AMD joins as investor

DriveNets, an Israeli networking software firm, said it has raised $410 million in its latest funding round led by Bessemer Venture Partners and Atreides Management, taking its

DriveNets secures $410 million in latest funding round, AMD joins as investor
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway buys homebuilder Taylor Morrison and then invests $10B in Alphabet under new CEO

Berkshire Hathaway’s new CEO Greg Abel started the week by inking a deal to acquire homebuilder Taylor Morrison for $6.8 billion, and he's followed that up on with a $10 billion investment in Google's parent company

Berkshire Hathaway buys homebuilder Taylor Morrison and then invests $10B in Alphabet under new CEO
Business|Crime|Economy|Education|Entertainment|Health|Lifestyle|Political|World

Pentagon policy illegally banned transgender troops from military service, appeals court panel rules

A divided panel of appeals court judges has ruled that a Trump administration policy illegally banned transgender troops from military service

Pentagon policy illegally banned transgender troops from military service, appeals court panel rules
Business|Economy|Political

Anxious GOP lawmakers seek specific promise that DOJ fund is dead before moving on Trump agenda

Anxious GOP lawmakers seek specific promise that DOJ fund is dead before moving on Trump agenda

Anxious GOP lawmakers seek specific promise that DOJ fund is dead before moving on Trump agenda
Business|Crime|Economy|Education|Health|Science|Technology

Florida sues OpenAI and CEO Sam Altman, claiming company concealed serious risks of ChatGPT

The state of Florida has filed a lawsuit against OpenAI and CEO Sam Altman, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks

Florida sues OpenAI and CEO Sam Altman, claiming company concealed serious risks of ChatGPT
Business|Economy|Environment|Political|Science

Wyoming’s ‘Path of the Pronghorn’ is a signature away from protections sought for a quarter century

Wyoming is close to designating a migration corridor for pronghorn, a move conservation biologist Joel Berger has long supported

Wyoming’s ‘Path of the Pronghorn’ is a signature away from protections sought for a quarter century
Business|Economy|Finance|Science|Stock Markets|Technology

Anthropic races toward a Wall Street debut with a confidential SEC filing

Artificial intelligence company Anthropic is moving toward going public on Wall Street, the latest chapter in its meteoric rise from a little-known research laboratory to one of the leading AI companies valued at $965 billion

Anthropic races toward a Wall Street debut with a confidential SEC filing
Business|Economy|Finance|Stock Markets|Technology|World

Oil prices rise, but not by enough to keep Wall Street from more records

Oil prices rose following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks ticked to more records

Oil prices rise, but not by enough to keep Wall Street from more records
Business|Economy|Finance|World

GM supplier strike could impact truck production

Dozens of workers took to picket lines Monday morning at an axle plant in Michigan that supports production of General Motors trucks, some of the Detroit

GM supplier strike could impact truck production
Business|Economy|Finance|Stock Markets|Technology

SpaceX sets aside 5% of IPO shares for selected buyers, waives lock-up

SpaceX has reserved 5% of the shares in its planned initial public offering for certain employees and individuals selected by its executive officers, exempting them from

SpaceX sets aside 5% of IPO shares for selected buyers, waives lock-up
Business|Economy|Technology

AI-driven labor displacement risks to remain low in near term, Bridgewater says

Risks of widespread job losses from AI are expected to remain limited this year, according to Bridgewater Associates, with constraints on computing capacity and a resilient economy

AI-driven labor displacement risks to remain low in near term, Bridgewater says
Business|Economy|Sports|World

Think you know who’s going to win the World Cup? So does Goldman Sachs

Think you know who’s going to win the World Cup? So does Goldman Sachs

Think you know who’s going to win the World Cup? So does Goldman Sachs
Business|Economy|Environment|Science|Technology

Kīlauea eruption episode 48 begins early Monday morning

Kīlauea eruption episode 48 begins early Monday morning

Kīlauea eruption episode 48 begins early Monday morning
Business|Economy|Finance|Science|Stock Markets|Technology

Anthropic files to go public in a potentially trillion-dollar debut

Anthropic files to go public in a potentially trillion-dollar debut

Anthropic files to go public in a potentially trillion-dollar debut
Business|Economy|World

Tiny Guyana poised for big Iran oil gains and growth strains

(Corrects paragraph 8 to clarify that Guyana's share of oil will climb from 12.5% closer to 50% baseline, not that its share of profit oil will climb to 50%) By Sheila Dang and Kemol King HOUSTON/

Tiny Guyana poised for big Iran oil gains and growth strains
Business|Economy|Finance|Stock Markets|Technology|World

Stocks steady at record highs as AI optimism trumps Iran tensions

Global stocks clung to record highs on Monday as strong corporate results, fueled in part by artificial intelligence optimism, outweighed investor

Stocks steady at record highs as AI optimism trumps Iran tensions
Business|Economy|Environment|MidEast|World

Still too risky to move seafarers out of Gulf, U.N. agency boss says

Despite the current ceasefire between the United States and Iran, it remains too risky to move the thousands of sailors stuck in the Gulf

Still too risky to move seafarers out of Gulf, U.N. agency boss says
Americas|Economy|Political|World

Mexico's Sheinbaum escalates rhetoric against U.S., blames far-right 'offensive'

Mexican President Claudia Sheinbaum said on Monday that far-right sectors in the United States are coordinating with domestic groups to attack her

Mexico's Sheinbaum escalates rhetoric against U.S., blames far-right 'offensive'
Business|Economy|Environment|Technology|World

Tesla May registrations jump in several European markets as recovery continues

New registrations of Tesla cars rose across several European markets in May, continuing a recovery in the U.S. electric vehicle maker's

Tesla May registrations jump in several European markets as recovery continues
Business|Economy|Finance|Stock Markets|Technology

Anthropic moves toward IPO, stepping up race with OpenAI

AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, edging ahead of rival OpenAI in a closely

Anthropic moves toward IPO, stepping up race with OpenAI
Business|Economy|Finance|Stock Markets|Technology

OpenAI joins AI listing queue with Anthropic

OpenAI said on Monday it has confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market as investors seek exposure to the

OpenAI joins AI listing queue with Anthropic
Business|Economy|Finance|Political|Stock Markets|World

Oil closes up more than 4% on halt in US-Iran talks, risk of blockades

Oil prices settled more than 4% higher on Monday after Iran's Tasnim news agency reported that Tehran had halted indirect negotiations with the U.S.

Oil closes up more than 4% on halt in US-Iran talks, risk of blockades
Business|Crime|Economy|Entertainment|Finance|World

Lawyers, others plead not guilty to massive US insider trading scheme

Fifteen people, including a lawyer who worked at several major law firms, pleaded not guilty on Monday to U.S. charges that they participated in a decade-

Lawyers, others plead not guilty to massive US insider trading scheme
Business|Economy|Environment|World

US crude exports hit record high in May as Iran war tightens global oil supplies

U.S. crude exports climbed to a record 5.6 million barrels per day in May as the Middle East crisis pushed up demand for the

US crude exports hit record high in May as Iran war tightens global oil supplies
Business|Economy|Technology|World

From Saudi Aramco to Alibaba: World's biggest IPOs

Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, as the Claude chatbot maker races with arch rival OpenAI to go public in what would be one

From Saudi Aramco to Alibaba: World's biggest IPOs
Americas|Business|Economy|Finance|Stock Markets|World

Venezuela's oil exports rose to 1.25 million bpd in May, shipping data shows

Venezuela's oil exports rose slightly to 1.25 million barrels per day in May, its third consecutive month of increase, fueled by more cargoes

Venezuela's oil exports rose to 1.25 million bpd in May, shipping data shows
Arts|Business|Economy|Entertainment|Environment|Finance|Food|Health|Lifestyle|Technology|Travel|World

McDonald's unveils new corporate strategy to make stores 'easier to run'

McDonald’s is set to announce a new corporate strategy at a worldwide gathering for franchisees and suppliers in Las Vegas, the company said in a statement on

McDonald's unveils new corporate strategy to make stores 'easier to run'
Arts|Business|Crime|Economy|Election|Finance|Political|Stock Markets|US|World

Contests for California governor and LA mayor head toward primary election with no clear leaders

California is heading toward an election with its two marquee races defined by uncertainty, while two outsider candidates are looking to crack open the state’s durable Democratic hierarchy

Contests for California governor and LA mayor head toward primary election with no clear leaders
Business|Economy|Finance|World

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

The world is getting more uptight about lending money to President Donald Trump’s government

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
Business|Economy|Finance|Stock Markets|World

Canadian factory sector grows on likely war-linked stockpiling

Canada's manufacturing sector expanded for a second straight month in May as the potential for higher prices and product shortages due to the war in the

Canadian factory sector grows on likely war-linked stockpiling
Economy|Political|World

Iran is stopping message exchanges with U.S., may block Hormuz, Tasnim news agency says

Iran's Tasnim news agency said on Monday that Tehran's negotiating team is stopping exchanges of messages with the United States through mediators due to attacks on Lebanon,

Iran is stopping message exchanges with U.S., may block Hormuz, Tasnim news agency says
Business|Economy|Finance|Stock Markets|US|World

Activist Toms Capital presses insurance firm Voya to explore sale

Activist hedge fund Toms Capital Investment Management on Monday urged Voya Financial to explore strategic options, including a potential sale, arguing the insurance and investment

Activist Toms Capital presses insurance firm Voya to explore sale
Business|Economy|Finance|Stock Markets|World

Barrick Mining weighs London listing as it negotiates Africa business sale, sources say

Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential

Barrick Mining weighs London listing as it negotiates Africa business sale, sources say
Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Science|Technology

Nvidia launches new chip to bring AI directly to personal computers

By Max A.

Nvidia launches new chip to bring AI directly to personal computers
Economy|Environment|Political|World

Iran eyes limited US deal to relieve economic strain and buy time

Iran is pushing for a limited interim agreement with the United States in a bid to ease mounting economic pressure and stabilise the situation at home, while

Iran eyes limited US deal to relieve economic strain and buy time
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing

Berkshire Hathaway agreed to buy Taylor Morrison Home Corp for $6.8 billion in cash, expanding the conglomerate's housing business in Greg

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing
Business|Economy|Education

Young and unemployed? Remote work, not AI, may be the problem, study finds

The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, a study released Monday has found

Young and unemployed? Remote work, not AI, may be the problem, study finds
Business|Economy|Technology|World

Motorola Solutions targets rogue drones with $1.5 billion D-Fend deal

Motorola Solutions said on Monday it would buy Israeli startup D-Fend Solutions for $1.5 billion as governments and critical infrastructure operators worldwide rush to defend

Motorola Solutions targets rogue drones with $1.5 billion D-Fend deal
Business|Economy|Political|World

UN labour agency freezes US official's appointment over unpaid dues

The International Labour Organization has rescinded the appointment of a top U.S. official to be deputy head of the UN agency because of

UN labour agency freezes US official's appointment over unpaid dues
Business|Crime|Economy|Finance|Stock Markets|Technology|US

Seagate reaches $175 million settlement of shareholder claims it concealed sales to China's Huawei

Seagate Technology reached a $175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated U.S. export control laws by

Seagate reaches $175 million settlement of shareholder claims it concealed sales to China's Huawei
Asia|Business|Economy|Political|World

India, US near trade pact as tariff terms hinge on Section 301 relief, source says

India is likely to discuss Washington's Section 301 investigation and potential tariff measures with U.S. trade officials, as the two

India, US near trade pact as tariff terms hinge on Section 301 relief, source says
Economy|Election|Finance|Political|Stock Markets|World

Right-wing lawyer De La Espriella, leftist senator Cepeda set for heated Colombia runoff

Right-wing Colombian lawyer Abelardo De La Espriella and leftist senator Ivan Cepeda will head to a June

Right-wing lawyer De La Espriella, leftist senator Cepeda set for heated Colombia runoff
Business|Economy|Finance|Stock Markets|Technology

Wall St ends higher, boosted by tech gains, US-Iran peace hopes

Wall Street stocks posted modest gains on Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the

Wall St ends higher, boosted by tech gains, US-Iran peace hopes
Business|Economy|Finance|Stock Markets|US

Supreme Court seeks Trump administration views on Robinhood IPO dispute

The U.S.

Supreme Court seeks Trump administration views on Robinhood IPO dispute
Business|Economy|Environment|Food|Travel

Family wants to 'save Florida farmers' with coffee farming

Family wants to 'save Florida farmers' with coffee farming

Family wants to 'save Florida farmers' with coffee farming
Business|Economy|Science|Technology

What are AI PCs that Nvidia's Jensen Huang is betting on?

Nvidia has turned the spotlight on AI PCs after CEO Jensen Huang launched a new chip that would put artificial intelligence capabilities directly into laptops and desktop computers,

What are AI PCs that Nvidia's Jensen Huang is betting on?
Business|Crime|Economy|Finance|World

Brazil to target betting, tobacco sectors in new anti-organized crime operations, source says

Brazil's government is in the final stages of preparations to launch operations targeting organized crime in the online betting and tobacco sectors, a

Brazil to target betting, tobacco sectors in new anti-organized crime operations, source says
Business|Economy|Europe|MidEast|World

Ship operators urge clear rules to return Hormuz to normal

Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to

Ship operators urge clear rules to return Hormuz to normal
Business|Economy|Finance|Stock Markets|World

Bank of Canada says don't put much weight on GDP data showing technical recession

The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis.

Bank of Canada says don't put much weight on GDP data showing technical recession
Business|Crime|Economy|Environment|US|World

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements

A federal judge has agreed to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements
Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle|Sports|Technology

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street
Business|Economy|Finance|Stock Markets|Technology

Wall St opens near record highs as AI optimism counters US-Iran war worries

Wall Street's main indexes opened near record highs on Monday as investors weighed Nvidia's latest artificial intelligence push against growing doubts over a deal to end the three-

Wall St opens near record highs as AI optimism counters US-Iran war worries
Africa|Business|Economy|World

Nigeria's Obi to run for president again after opposition split

Nigerian politician Peter Obi said he would run for president again in January after winning his party's nomination, setting up another contest between incumbent Bola Tinubu

Nigeria's Obi to run for president again after opposition split
Business|Economy|Finance|Stock Markets|World

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates

India's fiscal deficit stood at 4.4% of the gross domestic product for the year ended March 31, 2026, data showed on Monday, in line with government's revised estimates.

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates
Economy|Europe|Political|World

Drivers in Russian-controlled Crimea grapple with gasoline shortages

Drivers in Russian-controlled Crimea were grappling with gasoline rationing on Monday after Ukrainian drone attacks constricted road supplies across south-

Drivers in Russian-controlled Crimea grapple with gasoline shortages
Business|Economy|Finance|World

Bank of England is watching public-sector pay for inflation risk, governor says

The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it continues to run faster than in the private sector,

Bank of England is watching public-sector pay for inflation risk, governor says
Business|Economy|Europe|Finance|World

Swiss economy shows pickup in growth at start of 2026

The Swiss economy grew by 0.4% in the first three months of 2026, the government said on Monday, helped by a recovery in the manufacturing sector as the burden of U.S.

Swiss economy shows pickup in growth at start of 2026
Business|Economy|Education|Entertainment|Europe|MidEast|Political|Technology|Travel|World

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker

Britain has blocked Cenk Uygur, a left-wing Turkish-American media personality, and his nephew, Hasan Piker, a U.S. left-wing commentator and influencer, from entering the

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker
Economy|Election|Finance|Political|World

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff

Right-wing Colombian lawyer Abelardo De La Espriella and leftist senator Ivan Cepeda

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Environment|Finance|World

JetBlue flags higher fuel costs as Iran conflict drags on

U.S. carrier JetBlue raised its second-quarter fuel costs forecast on Monday as shipping disruptions in the Strait of Hormuz entered a fourth month, driving up jet

JetBlue flags higher fuel costs as Iran conflict drags on
Africa|Economy|Political|World

Ethiopian election expected to give leader Abiy's party a landslide win

Voting took place in Ethiopia on Monday in parliamentary and regional elections expected to hand Prime Minister Abiy Ahmed's ruling Prosperity Party an easy victory,

Ethiopian election expected to give leader Abiy's party a landslide win
Business|Economy|Finance|Stock Markets|US|World

US manufacturing activity at four-year high, supply constraints growing

U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading

US manufacturing activity at four-year high, supply constraints growing
Business|Economy|Finance|Stock Markets|Technology

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, it said on Monday, underscoring robust investor appetite around

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO
Business|Economy|Finance|Political|World

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says

India could reconsider tariff concessions offered to Britain on products such as Scotch whisky if London fails

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says
Business|Economy|Finance|World

Dollar higher as markets parse fragile Middle East peace talks

The U.S. dollar was higher on Monday after a small weekly loss as investors digested fresh developments in Middle East peace talks after the U.S. and Iran

Dollar higher as markets parse fragile Middle East peace talks
Business|Economy|Science|Technology

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops

Nvidia has unveiled powerful new chips to bring advanced artificial intelligence to Windows laptops and desktops

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops
Economy|Education|Political|World

India's viral 'Cockroach' youth group plans street protest in challenge to Modi

The founder of an online Indian youth group that has amassed millions of followers in days said on Monday he plans to take his movement on to the streets with a protest

India's viral 'Cockroach' youth group plans street protest in challenge to Modi
Business|Economy|Finance|Stock Markets|World

AI and 1984

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A new month, but the same market obsessions.

AI and 1984
Business|Economy|Technology|World

AI debt sales reshape global corporate bond markets

From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the U.S., can punch

AI debt sales reshape global corporate bond markets
Economy|Education|Environment|Science

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are

Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners face repeat disasters with no help.

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are
Asia|Business|Economy|Environment|Technology|World

BYD snaps longest streak of sales declines

Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, despite weakening domestic demand and intensifying competition continuing to weigh

BYD snaps longest streak of sales declines
Business|Crime|Economy|World

Philippine senator Estrada detained in graft case

A Philippine senator who is the son of a former president was detained on Monday after surrendering to police in line with a court order on suspicion of taking kickbacks as

Philippine senator Estrada detained in graft case
Africa|Economy|Europe|Political|World

Britain will not have to pay Rwanda millions over asylum deal, court rules

Britain will not have to pay Rwanda tens of millions of pounds over the cancelled deal to deport asylum seekers to the East African nation, the

Britain will not have to pay Rwanda millions over asylum deal, court rules
Economy|Education|Environment|Technology

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative

From who gets to vote to how people travel and where taxpayer dollars are funneled, politicians and urban planners wield maps to control public imagination.

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative
Economy|Education|Finance|Health|Lifestyle

What happens to debt when someone dies?

Whether or not there’s a will, the results are the same.

What happens to debt when someone dies?
Economy|Education|Health

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump

Researchers learned from dozens of interviews that the usual ways of resolving complex cases, escalating issues and holding the authorities accountable no longer work.

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump
Arts|Business|Economy|Entertainment|Lifestyle|Travel

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix
Business|Economy|Europe|Political|World

Italian manufacturing cost pressures continue to mount, PMI shows

Cost pressures in Italy's manufacturing sector rose for a fifth month running in May, fuelled by the conflict in the Middle East, a survey showed on Monday.

Italian manufacturing cost pressures continue to mount, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

German factory activity stalls in May as demand weakens, PMI shows

Germany's manufacturing sector stalled in May as waning demand and soaring costs linked to the war in the Middle East weighed on activity, a business

German factory activity stalls in May as demand weakens, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

French manufacturing contracts for first time since November, PMI shows

France's manufacturing sector contracted in May for the first time since November, as the spike in energy prices and transport disruptions resulting from

French manufacturing contracts for first time since November, PMI shows
Business|Economy|Europe|Finance|World

Euro zone consumers take benign view on inflation surge, ECB survey shows

Euro zone consumers kept steady or lowered their inflation expectations in April, a hopeful sign for policymakers that crucial medium-term price bets are not signalling

Euro zone consumers take benign view on inflation surge, ECB survey shows
Business|Economy|Europe|World

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows
Business|Economy|Technology|World

UN labour agency starts final talks on employment standards for gig workers

The International Labour Organization begins its final round of talks on Monday on the first binding employment standards for platforms offering

UN labour agency starts final talks on employment standards for gig workers
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Business|Economy|World

South African manufacturing sentiment eases in May, Absa PMI shows

South Africa's factory sentiment eased in May as activity and demand slowed, though it remained in expansionary territory for a second consecutive month, a purchasing

South African manufacturing sentiment eases in May, Absa PMI shows
Economy|Europe|Finance|World

France intercepts another 'shadow fleet' tanker linked to Russian oil

France's navy has intercepted a sanctioned tanker linked to the Russian oil trade in the Atlantic Ocean and ordered the vessel to head for the French

France intercepts another 'shadow fleet' tanker linked to Russian oil
Business|Economy|Europe|Finance|Stock Markets|World

Global subsidies rebound, especially in China, OECD says

Government subsidies to industry have reached their highest level since the global financial crisis, driven largely by China, a report from the Organisation for Economic

Global subsidies rebound, especially in China, OECD says
Business|Economy|Finance|Stock Markets|US|World

Private credit lent $560 billion to US businesses since 2023, MFA report shows

Private credit funds provided nearly $560 billion in new loans to U.S. businesses over the last three years, helping create more than 6.5 million jobs, according to a Managed Funds

Private credit lent $560 billion to US businesses since 2023, MFA report shows
Business|Economy|Finance|Stock Markets|Technology

Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional

Crypto exchange Binance rolls out trading in US stocks, ETFs
Business|Economy|Health|Technology

America’s job market looks strong. So why is it so difficult to find work?

America’s job market looks strong. So why is it so difficult to find work?

America’s job market looks strong. So why is it so difficult to find work?
Africa|Asia|Business|Economy|Lifestyle|Travel|World

Dubai looks back to normal. Beneath the surface it’s a different story

Dubai looks back to normal. Beneath the surface it’s a different story

Dubai looks back to normal. Beneath the surface it’s a different story
Economy|Sports|World

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man
Business|Economy|Europe|MidEast|World

UK monthly house prices fall for first time since start of Iran war, Nationwide says

British house prices fell by 0.6% in May, their first monthly drop since December and growth slowed in annual terms, as economic uncertainty stemming from the war in Iran

UK monthly house prices fall for first time since start of Iran war, Nationwide says
Business|Economy|Finance|Stock Markets|World

Goldman Sachs lifts 12-month STOXX 600 target on resilient earnings

Goldman Sachs has raised its 12-month target for STOXX 600 index to 660, the U.S. brokerage said, citing resilient corporate earnings growth despite the war in the Middle East.

Goldman Sachs lifts 12-month STOXX 600 target on resilient earnings
Business|Economy|Finance|Stock Markets|World

India GDP growth likely eased in January-March quarter on softer external demand: Reuters poll

India's economic growth likely eased to 7.2% in the first quarter of 2026, according to a Reuters poll of economists, as weakening external demand and

India GDP growth likely eased in January-March quarter on softer external demand: Reuters poll
Business|Economy|Europe|World

Spain's manufacturing growth slows as supply delays intensify, PMI shows

Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays,

Spain's manufacturing growth slows as supply delays intensify, PMI shows
Asia|Business|Economy|Finance|World

Japan risks return to stagnation without early rate hike, ex-BOJ policymaker says

Japan is on the verge of repeating the policy mishap that led to decades of economic stagnation as Iran war-induced inflation risks forcing the central bank

Japan risks return to stagnation without early rate hike, ex-BOJ policymaker says
Business|Economy|Technology|World

Global smartphone market faces record annual decline as chip crunch worsens

The global smartphone

Global smartphone market faces record annual decline as chip crunch worsens
Business|Economy|Technology|World

China expands curbs on foreign deals, tech transfer after Meta-Manus block

China issued sweeping new rules on Monday tightening control of overseas deals that involve Chinese investors, technology, data and national security, a

China expands curbs on foreign deals, tech transfer after Meta-Manus block
Arts|Business|Economy|Entertainment|Political

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure
Business|Economy|Health|Technology|Travel

Air New Zealand's bunk beds take flight

Air New Zealand is hoping to revolutionize sleep comfort on long-haul flights by introducing bunk beds to economy. CNN's Lilit Marcus reports.

Air New Zealand's bunk beds take flight
Business|Crime|Economy|US|World

US judge orders review of Trump's IRS lawsuit settlement

A U.S. judge in Florida said she will review a deal between the Justice

US judge orders review of Trump's IRS lawsuit settlement
Business|Crime|Economy|Entertainment|Technology

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse
Business|Economy|Political|World

US says it struck a commercial ship trying to breach blockade and reach Iran

The U.S. military says it stopped another commercial vessel trying to break through the U.S. blockade of Iranian ports

US says it struck a commercial ship trying to breach blockade and reach Iran
Asia|Crime|Economy|Environment|World

Laos cave rescue ends unexpectedly after villagers free themselves

Laos cave rescue ends unexpectedly after villagers free themselves

Laos cave rescue ends unexpectedly after villagers free themselves
Economy|Europe|MidEast|Political|World

Ousted Turkish opposition leader Ozel draws thousands in Ankara protest

Turkey's ousted opposition leader Ozgur Ozel showed he can still command strong support on Saturday, drawing a crowd of thousands in Ankara despite a court

Ousted Turkish opposition leader Ozel draws thousands in Ankara protest
Business|Crime|Economy|Environment|US

Investigators probe deadly Dallas blast as data shows natural gas leaks persist

Investigators probe deadly Dallas blast as data shows natural gas leaks persist

Investigators probe deadly Dallas blast as data shows natural gas leaks persist
Business|Economy|Education|Science|Technology

First Windows PC powered by Nvidia chips to debut next week, Axios reports

AI chip firm Nvidia and Microsoft are expected next week to debut the first Windows PCs that use Nvidia's chips as the main processor, Axios reported on Saturday, citing sources.

First Windows PC powered by Nvidia chips to debut next week, Axios reports
Business|Economy|Technology|World

India says signed BrahMos missile deal with Vietnam

India has signed a deal with Vietnam under which it will supply BrahMos missiles which it has jointly developed with Russia, and is in "final stages" for a similar deal

India says signed BrahMos missile deal with Vietnam
Economy|Environment|Political|World

What to watch for in the US-Iran memo to end the war

What to watch for in the US-Iran memo to end the war

What to watch for in the US-Iran memo to end the war
Americas|Economy|Environment|Europe|Political|World

Ukraine keeps up assault on Russian oil sites as Kyiv expects more strikes

Ukrainian drone strikes have caused fires at Russian oil facilities, according to Russian officials

Ukraine keeps up assault on Russian oil sites as Kyiv expects more strikes
Americas|Business|Economy|Lifestyle|World

Canada's broader citizenship rules draw strong American interest, data shows

While U.S.-Canadian relations have frayed under U.S.

Canada's broader citizenship rules draw strong American interest, data shows
Business|Economy|Political|World

Inflation fight again putting central bank independence under strain, policymakers say

Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting

Inflation fight again putting central bank independence under strain, policymakers say
Asia|Business|Economy|Environment|Finance|Travel|World

Rescuers free 4 men who had been trapped in a flooded Laos cave, search for 2 still missing

Rescue workers in Laos have safely evacuated four villagers trapped in a flooded cave for 10 days

Rescuers free 4 men who had been trapped in a flooded Laos cave, search for 2 still missing
Business|Economy|Election|Europe|Finance|Political|World

Russia recalls envoy to Armenia over EU ties ahead of vote

Russia said on Saturday it had recalled its ambassador to Armenia for consultations in protest at its rapprochement with the European Union as a June 7 election nears. 

Russia recalls envoy to Armenia over EU ties ahead of vote
Economy|Science|Technology|World

AUKUS to develop unmanned undersea vehicles, delivery set for 2027

The United States, Britain and Australia are working together to develop unmanned undersea vehicles as part of their trilateral AUKUS defence pact, U.S.

AUKUS to develop unmanned undersea vehicles, delivery set for 2027
Asia|Business|Crime|Economy|Environment|Finance|World

Rescuers pull four from flooded cave in Laos, two still missing

Rescuers pulled four people from a flooded cave in Laos on Saturday, Thai volunteer rescuers said, hours after another man was brought out late on Friday.

Rescuers pull four from flooded cave in Laos, two still missing
Business|Economy|Finance|Stock Markets|Travel|US

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead
Business|Economy|Political|World

Better China ties can help regional peace, security, Vietnam's top leader says

Strong relations between Vietnam and its giant neighbour and territorial rival China would benefit regional peace and security, although ties with the U.S.

Better China ties can help regional peace, security, Vietnam's top leader says
Business|Economy|Technology|World

US investigates Vietnam's intellectual property practices

The Trump administration on Friday opened an unfair trade practices investigation into Vietnam's intellectual property protection policies and enforcement that may lead to new

US investigates Vietnam's intellectual property practices
Economy|Europe|Political|World

Voting starts in Malta parliamentary elections, ruling party set to win

Voting in parliamentary elections opened in Malta on Saturday, with opinion polls showing the ruling Labour Party on course to win a record-breaking fourth term.

Voting starts in Malta parliamentary elections, ruling party set to win
Business|Crime|Economy|Environment

How a chemical tank disaster struck at the heart of a Washington state mill town

A chemical tank failure at a paper mill in Washington state this past week has struck at the heart of a historic mill town

How a chemical tank disaster struck at the heart of a Washington state mill town
Business|Economy|Finance|Technology|World

From lottery draws to fiscal spending, China broadens digital yuan footprint

China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different - and potentially

From lottery draws to fiscal spending, China broadens digital yuan footprint
Business|Economy|Political|World

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

U.S.

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend
Americas|Business|Economy|Political|World

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay
Economy|Environment|Health|Science|World

As Ebola scourges Congo, experts warn of link to eating wild animals

For many in Congo and elsewhere in Central and West Africa, there is no shame in craving wild meat, a key part of the culture

As Ebola scourges Congo, experts warn of link to eating wild animals
Crime|Economy|Education|World

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes
Business|Economy|Political|World

Trump says he will soon decide on Iran deal, demands reopening of Hormuz Strait

U.S.

Trump says he will soon decide on Iran deal, demands reopening of Hormuz Strait
Asia|Business|Economy|Political|World

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

U.S.

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend
Asia|Business|Economy|Political|World

New Zealand aiming for steady rises in defence spending, minister says

New Zealand is aiming for "smooth and steady" rises in defence expenditure to meet its target of spending 2% of GDP on the military within 8 years, its new

New Zealand aiming for steady rises in defence spending, minister says
Economy|Europe|Technology|World

Russian spies are aggressively seeking Western technology as sanctions bite, officials say

Russian intelligence agencies have grown more aggressive in their efforts to steal Western technology and defense secrets as sanctions squeeze the country’s wartime economy

Russian spies are aggressively seeking Western technology as sanctions bite, officials say
Americas|Business|Crime|Economy|Political|World

Court clears way for Texas to enforce migrant arrest law

A federal appeals court on Friday cleared the way for Texas authorities to enforce key parts of

Court clears way for Texas to enforce migrant arrest law
Business|Economy|Finance|Political|US|World

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely
Business|Economy|Environment|Science

California air regulators update a key climate program, sparking pushback from environmentalists

California air regulators have updated a key climate program Friday

California air regulators update a key climate program, sparking pushback from environmentalists
Americas|Business|Economy|Environment|Political|World

US general meets Cuban military officials at edge of Guantanamo Bay

The top U.S. general overseeing forces in Latin America held a rare meeting on Friday with senior Cuban military officials at the perimeter of U.S.

US general meets Cuban military officials at edge of Guantanamo Bay
Americas|Crime|Economy|Political|World

NJ state police set up protest zone outside contested immigration detention center as ICE leaves

New Jersey Gov. Mikie Sherrill has sent state police to establish designated protest zones and vehicle checkpoints outside an immigration detention center in Newark

NJ state police set up protest zone outside contested immigration detention center as ICE leaves
Crime|Economy|World

Brazil minister says US terrorist designation of local gangs could impact economy

A U.S. decision to designate the two biggest Brazilian drug gangs as terrorist organizations could impact Latin America's largest economy on several fronts, including by

Brazil minister says US terrorist designation of local gangs could impact economy
Business|Economy|Environment|Health|Science

Flesh-eating screwworm found within 31 miles of US border, says USDA

A devastating parasitic fly that eats warm-blooded animals alive and could cause millions of dollars in economic damage to the U.S. economy has been

Flesh-eating screwworm found within 31 miles of US border, says USDA
Business|Economy|Political|World

US commander meets with Cuban military officials as Trump pressures island nation

The top U.S. commander in Latin America has met with Cuban military leaders in a “brief exchange on operational security matters” near the U.S. Navy base in Guantanamo Bay

US commander meets with Cuban military officials as Trump pressures island nation
Business|Economy|Finance|Stock Markets|US

BMO hires UBS banker to lead US M&A team, memo shows 

BMO Financial has hired David Descoteaux from UBS to head its U.S.

BMO hires UBS banker to lead US M&A team, memo shows 
Americas|Business|Economy|World

US, Mexico conclude first round of trade deal talks on autos, metals, security

The U.S. and Mexico trade negotiators on Friday concluded their first bilateral negotiating round to revise the U.S.-Mexico-Canada Agreement on trade, discussing

US, Mexico conclude first round of trade deal talks on autos, metals, security
Business|Economy|Finance|Food|World

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says

Yum Brands is in exclusive talks to sell its Pizza Hut chain to private-equity firm LongRange Capital, a source familiar with the matter said on Friday.

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says
Business|Crime|Economy|World

Lula rejects U.S. terrorist designation of Brazil criminal gangs

Brazilian President Luiz Inacio Lula da Silva on Friday blasted a U.S. decision to designate two Brazilian drug gangs as terrorist

Lula rejects U.S. terrorist designation of Brazil criminal gangs
Business|Economy|Environment|Science|Technology|World

Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore

Jeff Bezos' Blue Origin is assessing damage to its Florida launch pad after a rocket exploded during a test firing

Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore
Business|Economy|Finance|Stock Markets|World

US stocks gain ground, adding to their records, as Dell soars

Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier

US stocks gain ground, adding to their records, as Dell soars
Americas|Business|Economy|Environment|Finance|Political|Stock Markets|US|World

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk

In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk
Economy|Environment|Health|Science

US adult cigarette smoking rate hits another all-time low

The cigarette smoking rate among U.S. adults dropped to another all-time low last year

US adult cigarette smoking rate hits another all-time low
Economy|Political|World

Trump says meeting Friday to make final decision on deal with Iran

U.S. President Donald Trump said in a social media post that he would be meeting in the White House Situation Room on Friday to make a final decision on a deal with Iran. 

Trump says meeting Friday to make final decision on deal with Iran
Business|Economy|Science|Technology|World

Trump administration wants to raise North American auto content to 82%, with half from US

The Trump administration issued a sweeping demand to Mexico to raise the level of regional

Trump administration wants to raise North American auto content to 82%, with half from US
Business|Economy|Finance|Stock Markets|World

Wall Street ends higher, crude prices ease on potential US-Iran truce extension

U.S. stocks followed world shares higher and crude prices retreated on Friday as investors neared the end of a holiday-shortened week with renewed hopes of

Wall Street ends higher, crude prices ease on potential US-Iran truce extension
Business|Economy|Finance|Political|World

Canada might double exports to China, Chinese minister says during rare visit

China's Minister of Foreign Affairs Wang Yi said on Friday that Canada could surpass its goal of increasing exports to China by 50% by 2030, during a

Canada might double exports to China, Chinese minister says during rare visit
Business|Economy|Science|Technology|World

SpaceX wins $4.16 billion US Space Force contract for threat-detection satellites

The U.S. Space Force said on Friday it has awarded Elon Musk's IPO-bound SpaceX a $4.16 billion deal for a satellite program designed to track and target airborne threats.

SpaceX wins $4.16 billion US Space Force contract for threat-detection satellites
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

IMF, World Bank, others warn Middle East war is straining energy supplies

The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle East was straining

IMF, World Bank, others warn Middle East war is straining energy supplies
Business|Economy|Finance|Stock Markets|Technology

Blackstone-backed Liftoff targets $3.7 billion valuation in US IPO

Liftoff Mobile, backed by Blackstone, said on Friday it is targeting a valuation of up to $3.66 billion in its U.S. initial public offering,

Blackstone-backed Liftoff targets $3.7 billion valuation in US IPO
Business|Economy|Finance|Stock Markets|US|World

Wall Street hits new closing highs on tech strength, Middle East deal hopes

Wall Street's main indexes hit record closing highs on Friday and posted weekly and monthly gains as Dell results drove

Wall Street hits new closing highs on tech strength, Middle East deal hopes
Economy|Health|Science|World

What’s wrong with how US and Uganda plan to stop Ebola spreading

Geography may not provide meaningful protection once an outbreak is already underway.

What’s wrong with how US and Uganda plan to stop Ebola spreading
Business|Economy|Environment|Political|World

Oil falls on hopes for US-Iran ceasefire agreement

Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the U.S., Israel and Iran

Oil falls on hopes for US-Iran ceasefire agreement
Business|Economy|Finance|Political|World

More Fed policymakers eye possible rate hike as inflation risks rise

By Michael S.

More Fed policymakers eye possible rate hike as inflation risks rise
Business|Economy|Education|Political|Science|US|World

White House moves to give political appointees more power over federal grants

The White House is moving to give political appointees more control over federal grants

White House moves to give political appointees more power over federal grants
Economy|Food|Political|World

Trump claims he's making food more affordable but his examples ignore the big picture

In a Truth Social post on Wednesday, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples

Trump claims he's making food more affordable but his examples ignore the big picture
Business|Economy|Environment|Food|Lifestyle|US|World

Tomatoes become latest symbol of America’s affordability squeeze

Prices for tomatoes are up 40% over the past year, the biggest increase tracked among products in the Consumer Price Index

Tomatoes become latest symbol of America’s affordability squeeze
Americas|Economy|Political|World

Mexican senate approves amendment so elections can be annulled for foreign interference 

Mexico's Senate on Friday approved a constitutional amendment to include "foreign interference" as a reason to annul elections in the country.

Mexican senate approves amendment so elections can be annulled for foreign interference 
Business|Economy|Political|Travel|World

Airlines and business groups warn of chaos if US restricts international flights

Major airline, travel and business groups warned that barring border processing at Newark or other major U.S. airports could lead to chaos, strand

Airlines and business groups warn of chaos if US restricts international flights
Business|Crime|Economy|Health

Massachusetts sues UnitedHealth insurance unit for alleged Medicaid fraud

Massachusetts sued a UnitedHealth insurance unit on Friday, accusing it of defrauding the state's Medicaid program, MassHealth, out of more than $100 million by

Massachusetts sues UnitedHealth insurance unit for alleged Medicaid fraud
Business|Economy|Finance|Stock Markets|World

Private credit roundup: paper losses deepen at lenders

A Reuters analysis of first-quarter regulatory filings by private credit lenders showed paper losses deepened, underscoring market concerns this year over the sector's

Private credit roundup: paper losses deepen at lenders
Business|Economy|Finance|Stock Markets|Technology

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

Cryptocurrency exchange Coinbase and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures, marking the first time such instruments will be

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors
Economy|Finance|MidEast|Stock Markets|US|World

Dollar set for weekly loss amid US-Iran ceasefire deal

The dollar slipped against major currencies on Friday and was headed for a second straight weekly loss after reports that the United States and Iran had

Dollar set for weekly loss amid US-Iran ceasefire deal
Business|Economy|Finance|Technology

US regulator moves to withdraw judgment against Winklevoss' crypto exchange

The U.S.

US regulator moves to withdraw judgment against Winklevoss' crypto exchange
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Gap, American Eagle fall as brand troubles weaken annual forecasts

By Akriti Shah and Neil J Kanatt May 29 - Shares of Gap and American Eagle Outfitters tumbled over 12% on Friday after both retailers issued weak forecasts, signaling deepening pressure on consumer

Gap, American Eagle fall as brand troubles weaken annual forecasts
Business|Economy|Stock Markets|Technology

Dell shares soar 30% as AI server demand, price hikes power stellar quarter

Dell's shares surged 30% on Friday, as the PC maker's blockbuster results showed that its growing focus on AI servers was helping it

Dell shares soar 30% as AI server demand, price hikes power stellar quarter
Business|Economy|Finance|World

Wall St edges higher at open with Mideast deal updates in focus

Wall Street's main indexes opened higher on Friday, after closing at record highs the previous session, with markets awaiting details on reports that the U.S. and Iran had reached a

Wall St edges higher at open with Mideast deal updates in focus
Business|Economy|Finance|Stock Markets|US|World

U.S. equity funds draw weekly inflows as tech rally lifts sentiment

U.S. equity funds drew inflows in the week to May 27 as a rally in AI-linked technology stocks lifted sentiment, though concerns surrounding the U.S.-Iran peace negotiations kept

U.S. equity funds draw weekly inflows as tech rally lifts sentiment
Business|Economy|Environment|Technology|World

GM-LG battery company delays return of laid-off workers to Ohio plant

A battery plant partly owned by General Motors is delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars.

GM-LG battery company delays return of laid-off workers to Ohio plant
Business|Economy|Finance|Stock Markets|US

Unrealised losses at US private credit lenders deepen

Unrealised losses at U.S. private credit lenders deepened in the first quarter to their worst level since 2022, while the amount of interest income they

Unrealised losses at US private credit lenders deepen
Economy|Europe|Political|World

European Union unlocks billions in funding for Hungary after rapid reforms by new leader Magyar

Officials say the European Union will unlock 16.4 billion euros or around $19 billion in funds for Hungary after recently elected Prime Minister Péter Magyar enacted rapid reforms

European Union unlocks billions in funding for Hungary after rapid reforms by new leader Magyar
Business|Economy|Science|Technology|World

In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz

When AMD CEO Lisa Su

In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz
Business|Economy|Finance|Stock Markets|US

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks

Investors will turn to an important labor market update next week as they weigh whether simmering inflation and the potential for interest rate hikes

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks
Economy|Political|World

Colombians head to the polls with peace efforts, economy on agenda

Colombians are set to vote on Sunday in what is likely the first round of a presidential election, amid deep polarization between those seeking

Colombians head to the polls with peace efforts, economy on agenda
Business|Economy|Europe|World

German inflation eases in May, even as core inflation rises

German inflation slowed in May due to lower energy prices, and while core inflation accelerated, analysts said that was likely not evidence that cost

German inflation eases in May, even as core inflation rises
Business|Economy|Europe|World

Top euro zone countries see Iran inflation fallout broaden in May

Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on

Top euro zone countries see Iran inflation fallout broaden in May
Business|Economy|World

TSX futures rise as US-Iran deal boosts sentiment ahead of GDP data release

Futures tracking Canada's blue-chip stocks rose on Friday as a deal to extend the U.S.-Iran ceasefire renewed hopes for an end to the Middle East conflict, while investors also

TSX futures rise as US-Iran deal boosts sentiment ahead of GDP data release
Business|Crime|Economy|Europe|World

US consulate builder in Milan hit by court action over abuse allegations

Prosecutors have placed the Italian branch of U.S. construction giant Caddell Construction under investigation over alleged worker exploitation at the site

US consulate builder in Milan hit by court action over abuse allegations
Business|Economy|Europe|World

European Commission vows tougher action on trade with China

The EU's trade and investment relationship with China is "not sustainable", the European Commission said on Friday, vowing a stronger response as

European Commission vows tougher action on trade with China
Economy|Environment|Europe|Health|Science|World

Record-breaking heat and dry spring leave parts of England without water

Thousands of households in southeast England were left without water or facing low pressure during a record-breaking heatwave

Record-breaking heat and dry spring leave parts of England without water
Business|Economy|Finance|World

Brazil's economy rebounds in early 2026, clouding rate cut outlook

Brazil's economy rebounded in the first three months of 2026, supported by household consumption and stronger investment, against a backdrop of a tight

Brazil's economy rebounds in early 2026, clouding rate cut outlook
Business|Economy|Finance|Stock Markets|US|World

Rising exports lower US goods trade deficit in April

The U.S. trade deficit in goods contracted more than expected in April as a surge in exports blunted rising imports, but economists cautioned the trend

Rising exports lower US goods trade deficit in April
Business|Economy|Finance|Stock Markets|Technology|World

Global equity funds draw weekly inflows as AI rally boosts sentiment

Global investors returned to equity funds in the week to May 27 after a week of outflows, as a rally in AI-linked stocks revived demand, though caution over U.S.-Iran peace

Global equity funds draw weekly inflows as AI rally boosts sentiment
Crime|Economy|Education|Environment|Health|Political

Colorado voted to end forced prison labor in 2018 – so why are incarcerated people in the state still working for less than $2 an hour?

Many jails and prisons are dependent on incarcerated labor to keep costs low.

Colorado voted to end forced prison labor in 2018 – so why are incarcerated people in the state still working for less than $2 an hour?
Business|Economy|Finance|Stock Markets|World

Canada enters surprise technical recession amid tariff uncertainty

Canada's economy posted a surprise contraction in the first quarter versus the year before, making it two straight quarters of annualized decline - which

Canada enters surprise technical recession amid tariff uncertainty
Business|Economy|Finance|Political|World

Bessent argues US was 'asleep' on economic security, Trump policies waking it up

U.S.

Bessent argues US was 'asleep' on economic security, Trump policies waking it up
Business|Economy|Finance|Stock Markets|US|World

Fed's Bowman says extended energy shock could drive shift in policy outlook

By Michael S.

Fed's Bowman says extended energy shock could drive shift in policy outlook
Asia|Business|Economy|Environment|Political|World

Vietnam's To Lam warns of three global crises, sets out solutions

The world is beset with multiple risks and uncertainty that countries must confront squarely, To

Vietnam's To Lam warns of three global crises, sets out solutions
Business|Economy|Political|World

Pakistan foreign minister set to discuss Iran with Rubio in Washington

Pakistani Foreign Minister Ishaq Dar arrived in Washington on Friday for talks with U.S.

Pakistan foreign minister set to discuss Iran with Rubio in Washington
Arts|Crime|Economy|Education|Entertainment|Environment|Europe|Finance|Health|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|US|World

When ICE ramped up enforcement, US-born workers didn’t see any economic gains

Contrary to the belief that an immigration crackdown would lead to more jobs for US-born workers, ICE enforcement hasn’t produced economic gains for Americans.

When ICE ramped up enforcement, US-born workers didn’t see any economic gains
Business|Economy|Education|Environment

A rare bipartisan housing victory faces a bigger problem – Americans still can’t afford housing

If signed into law, the legislation would be the first major housing bill to pass in decades.

A rare bipartisan housing victory faces a bigger problem – Americans still can’t afford housing
Business|Economy|Finance|Political|US

Bessent: Nothing 'untoward' about Trump's face on a $250 bill

During a White House press briefing, US Treasury Secretary Scott Bessent was pressed by CNN’s Kaitlan Collins on the Bureau of Engraving and Printing making plans to potentially print a commemorative $250 bill with an image of President Donald Trump. Bessent said they were preparing in case Congress passed legislation that calls for the Trump bill.

Bessent: Nothing 'untoward' about Trump's face on a $250 bill
Economy|Europe|Political|World

Hungary's PM says he will conclude political deal on EU funds with von der Leyen

Hungarian Prime Minister Peter Magyar said on Friday he would conclude a political agreement on the release of frozen European Union funds at a meeting with European

Hungary's PM says he will conclude political deal on EU funds with von der Leyen
Business|Economy|Technology

Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies

Taiwan chip designer MediaTek said on Friday it supports both TSMC's and Intel's advanced packaging technologies, allowing customers to choose between the two

Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies
Business|Economy|Finance|World

Rule changes may only yield modest Fed balance sheet contraction

By Michael S.

Rule changes may only yield modest Fed balance sheet contraction
Business|Economy|Finance|Stock Markets|World

European shares secure monthly gains on Middle East peace hopes

European shares edged higher on Friday, wrapping up the month with gains as investors clung to hopes that a proposed deal to extend a Middle

European shares secure monthly gains on Middle East peace hopes
Africa|Business|Economy|Finance|Political|Stock Markets|World

Nigeria's Tinubu says reforms stabilising economy despite hardship

Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a steep cost-of-

Nigeria's Tinubu says reforms stabilising economy despite hardship
Business|Economy|Finance|Stock Markets|World

Japan spent $73 billion in yen-buying intervention, ministry data shows

Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in foreign exchange markets over the past month to support the yen, but with only

Japan spent $73 billion in yen-buying intervention, ministry data shows
Business|Economy|Finance|Stock Markets|World

Nomura seeks US fund management acquisitions as part of global expansion

Japan's Nomura Holdings is looking for acquisition targets for its investment management business in the U.S. to build on last year's $1.8 billion buyout of

Nomura seeks US fund management acquisitions as part of global expansion
Business|Economy|Finance|Stock Markets|US|World

Fed's Schmid warns against viewing oil shock as transitory

By Michael S.

Fed's Schmid warns against viewing oil shock as transitory
Business|Economy|Finance|Stock Markets

Deal or no deal

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!

Deal or no deal
Business|Economy|Finance|World

Bank of England's Bailey signals no need to move quickly to curb inflation jump

Bank of England Governor Andrew Bailey said on Friday that allowing inflation to run above the central bank's 2% target is justified given the uncertainty about the impact of the

Bank of England's Bailey signals no need to move quickly to curb inflation jump
Business|Economy|Europe|World

Italy first quarter growth revised up as exports shine

Italy's economy grew by 0.3% in the first quarter from the previous three months, boosted by strong exports, national statistics bureau ISTAT said on Friday, revising up a

Italy first quarter growth revised up as exports shine
Economy|MidEast|Political|World

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails
Business|Economy|Finance|Political|Stock Markets|Technology|US|World

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?
Business|Economy|Political|Travel|World

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds
Economy|Education|Political|Sports|World

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Science|Technology|World

OpenAI gives Japan banks access to latest model, Japan's finance minister says

OpenAI has given some Japanese financial institutions access to its GPT-5.5 model to help prevent cyberattacks, Japanese Finance Minister Satsuki Katayama

OpenAI gives Japan banks access to latest model, Japan's finance minister says
Business|Economy|Europe|Finance|World

ECB will act to head off persistent inflation, Panetta says

The European Central Bank will act in a "timely and measured manner" to prevent the current energy shock from turning into persistent inflation, governing council member Fabio

ECB will act to head off persistent inflation, Panetta says
Business|Economy|Science|Technology|World

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage

At Taiwan's annual Computex trade show next week, the spotlight is likely to be dominated, as usual, by Nvidia and its products, but also by the island's

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage
Asia|Economy|World

Why Malaysia's Anwar is considering a snap election

Malaysia's Prime Minister Anwar Ibrahim has said he would consider calling for snap polls if tensions within his ruling alliance got worse. 

Why Malaysia's Anwar is considering a snap election
Asia|Business|Economy|World

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking

Indonesia's annual inflation rate likely accelerated in May to 2.97%, a Reuters poll showed on Friday, closer to the upper end of the central bank's target range amid

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking
Business|Economy|Europe|Finance|Stock Markets|World

German unemployment falls unexpectedly in May

The number of unemployed people in Germany fell unexpectedly in May, labour office figures showed on Friday, but the office warned

German unemployment falls unexpectedly in May
Business|Crime|Economy|Europe|Political|World

Ukraine says Russian drones attacked three foreign-flagged vessels

Russian drones attacked three foreign-flagged merchant vessels late on Thursday and overnight as they sailed along Ukraine's maritime export corridor in the Black Sea, Deputy Prime

Ukraine says Russian drones attacked three foreign-flagged vessels
Business|Economy|Health|Technology

Honda recalls nearly 99,000 US vehicles over airbag issues

Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S.

Honda recalls nearly 99,000 US vehicles over airbag issues
Business|Economy|Finance|Stock Markets|World

Definitely, maybe

Stop-start efforts by Tehran and Washington to extend their ceasefire and reopen the Strait of Hormuz dominate the market outlook, while U.S. and euro zone data should shed more

Definitely, maybe
Business|Economy|Europe|World

Italy April jobless rate edges down to 5.1%, 123,000 jobs created

Italy's unemployment rate fell slightly to 5.1% in April and a net 123,000 jobs were created during the month, national statistics bureau ISTAT reported on Friday.

Italy April jobless rate edges down to 5.1%, 123,000 jobs created
Business|Economy|Technology|World

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand

Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency said on Friday,

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand
Business|Economy|Europe|World

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast

Italian EU-harmonised consumer prices (HICP) rose by 0.4% in May from the month before, with the annual inflation rate surging to 3.3% from 2.8% in April amid increasing

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast
Business|Economy|Europe|Finance|World

French inflation at 27-month high of 2.8% in May, but below forecast

French inflation rose in May at the fastest pace in more than two years on surging energy prices, though slightly less than expected, preliminary data from statistics agency INSEE

French inflation at 27-month high of 2.8% in May, but below forecast
Business|Economy|Europe|Finance|World

French economy shrank by 0.1% in first quarter

France's economy shrank slightly in the first quarter, final data from statistics office INSEE showed on Friday, missing the preliminary reading of 0.0% for the euro zone's second-

French economy shrank by 0.1% in first quarter
Business|Economy|Europe|Finance|MidEast|World

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds
Economy|Europe|World

Spain's 12-month EU-harmonised inflation rises to 3.6% in May

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% in May, from 3.5% in the period through April, preliminary data from the National Statistics Institute (INE)

Spain's 12-month EU-harmonised inflation rises to 3.6% in May
Business|Economy|Finance|World

BOJ may heed calls to pause bond taper next year

Bond market volatility is boosting the case for Japan's central bank to pause the unwinding of its massive debt holdings next fiscal year, which would give

BOJ may heed calls to pause bond taper next year
Economy|Finance|Stock Markets|World

Yen back in danger zone as Tokyo officials keep investors on edge

As Japan's yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo's remaining financial firepower and

Yen back in danger zone as Tokyo officials keep investors on edge
Australia|Economy|Election|Environment|Political|World

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift

Australia's struggling opposition Liberal Party installed former Prime Minister Tony Abbott, a pugnacious social conservative and campaigner against

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift
Business|Economy|Finance|World

China's factory activity likely remained flat in May: Reuters poll

China's factory activity likely remained flat in May after expanding for two months, indicating that weak domestic demand and cost pressures stemming from the U.S.-Israeli

China's factory activity likely remained flat in May: Reuters poll
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Another day, another Iran deal moment

A look at the day ahead in European and global markets from Tom Westbrook A weekend wait looms over markets as sources have told Reuters that the U.S. and Iran have reached an agreement to extend

Another day, another Iran deal moment
Australia|Business|Economy|Environment|World

BHP electrical workers to vote on strike at key Australian iron ore export hub

Hundreds of BHP electrical workers at Port Hedland in Western Australia will vote on a potential strike action, a union said on Friday,

BHP electrical workers to vote on strike at key Australian iron ore export hub
Business|Economy|Finance|Stock Markets|World

China home prices likely to fall at slower pace this year; seen rising in 2027

China's home prices are expected to fall at a slower pace than forecast in a March survey and edge up in 2027, suggesting the sector remains

China home prices likely to fall at slower pace this year; seen rising in 2027
Asia|Economy|Political|World

Malaysia PM Anwar under pressure amid growing defections from his party

Malaysian Prime Minister Anwar Ibrahim is under growing pressure from a wave of defections to a new party set up by a former protege, analysts and

Malaysia PM Anwar under pressure amid growing defections from his party
Economy|Political|Technology|World

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war

President Vladimir Putin is facing a battlefield stalemate in Ukraine and growing war fatigue among Russians and appears ready to change the narrative around the conflict

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war
Business|Economy|Science|Technology

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on the launch pad during an engine-firing test

A rocket belonging to Jeff Bezos' Blue Origin has exploded during a test at the launch pad

Blue Origin rocket explodes on the launch pad during an engine-firing test
Australia|Business|Economy|Environment|World

Electrical workers threaten strike at BHP iron ore port by end of June

Electrical workers at BHP's Port Hedland bulk export port in Western Australia may take strike action by end of the financial year on June 30, a union group said on Friday.

Electrical workers threaten strike at BHP iron ore port by end of June
Crime|Economy|Environment|World

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds

Billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, a study by

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds
Asia|Business|Economy|Technology

Foxconn has immense confidence in growth momentum due to AI, chairman says

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has immense confidence in its growth momentum because of soaring AI demand, Chairman

Foxconn has immense confidence in growth momentum due to AI, chairman says
Business|Economy|Environment

District court denies California parks department bid to stop Sable Offshore pipeline

A U.S.

District court denies California parks department bid to stop Sable Offshore pipeline
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX

An uncrewed Blue Origin New Glenn rocket exploded on a Florida launchpad during a test on Thursday, in a major setback for Jeff Bezos’ space

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX
Business|Economy|Finance|Science|Technology

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump
Economy|Environment|Political|US|World

Trump's room to maneuver narrows as US, Iran close in on framework deal

President Donald Trump finds himself in a bind as he seeks to end the war against Iran: he is under pressure to reopen the Strait of Hormuz and get

Trump's room to maneuver narrows as US, Iran close in on framework deal
Business|Economy|Finance|Stock Markets|World

New Zealand central bank governor signals earlier and steeper rate hikes

Reserve Bank of New Zealand Governor Anna Breman said on Friday interest rates were likely to increase sooner and by more than previously signalled to combat inflation.

New Zealand central bank governor signals earlier and steeper rate hikes
Business|Economy|Finance|World

New Zealand Labour says budget fails to address rising living costs

New Zealand shadow finance minister Barbara Edmonds said on Friday she backed efforts to return the government's books to surplus, but said Labour would make different

New Zealand Labour says budget fails to address rising living costs
Australia|Business|Economy|Finance|World

KPMG Australia CEO and audit head quit over whistleblower investigation

Accounting firm KPMG Australia said on Friday its CEO and head of audit had resigned because of shortcomings in the handling of a

KPMG Australia CEO and audit head quit over whistleblower investigation
Business|Economy|Science|Technology|World

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese

The Humanoids Summit Tokyo showcases advanced robotics, highlighting China's growing influence

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese
Economy|MidEast|Political|US|World

Vance says US not there yet on Iran, but close

U.S.

Vance says US not there yet on Iran, but close
Business|Economy|Finance|Stock Markets|World

Core inflation in Tokyo stays below BOJ goal, factory output rebounds

Annual core inflation in Japan's capital stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as fuel and

Core inflation in Tokyo stays below BOJ goal, factory output rebounds
Business|Crime|Economy|Finance|Political|US|World

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law

A federal judge threw out a lawsuit that U.S.

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start talks on Iran’s nuclear program

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval
Business|Economy|Finance|Stock Markets|Technology

Hedgeye launches ETF focusing on index inclusion candidates

Hedgeye Asset Management rolled out a new exchange-traded fund designed to profit from the forced buying on the part of index funds and

Hedgeye launches ETF focusing on index inclusion candidates
Business|Economy|Environment|Political|World

US Federal Trade Commission probes rising fertilizer prices

The U.S.

US Federal Trade Commission probes rising fertilizer prices
Business|Economy|Finance|World

RBNZ MPC member Gourley says rates likely to rise sooner rather than later

New Zealand interest rates are expected to rise "sooner rather than later", Reserve Bank of New Zealand Monetary Policy Committee member Hayley Gourley

RBNZ MPC member Gourley says rates likely to rise sooner rather than later
Business|Economy|Europe|World

UK business sentiment edges up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most

UK business sentiment edges up in May, Lloyds says