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Today: May 29, 2026
Today: May 29, 2026

Economy

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Fair housing groups file lawsuit arguing a federal rule change removes protections

Fair housing groups have filed a lawsuit over a rule change by the Trump administration that they allege reverses decades of lending protections and opens the door to discrimination against Black people, Latinos and other minorities

Fair housing groups file lawsuit arguing a federal rule change removes protections
Business|Economy|Finance|Health|Technology

Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart

Amazon is putting a doctor in charge of its growing healthcare business. The firm on Wednesday announced Dr.

Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart
Business|Economy|Technology|World

Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl

The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and other enterprise software licenses scattered across

Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl
Business|Economy|Technology

HP tops revenue, profit estimates as AI PC and Windows 11 refresh boost demand

HP beat analysts' estimates for second-quarter revenue and profit on Wednesday, helped by strong demand for AI-optimized personal computers, but warned that rising

HP tops revenue, profit estimates as AI PC and Windows 11 refresh boost demand
Business|Economy|Finance|Stock Markets|Technology

Salesforce revenue forecast disappoints amid AI disruption fears

Salesforce forecast second-quarter revenue below Wall Street estimates on Wednesday, as concerns over AI-driven disruption to traditional software demand overshadowed

Salesforce revenue forecast disappoints amid AI disruption fears
Business|Economy|Finance|Technology|World

Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion

Mexican telecommunications giant America Movil on Wednesday outlined its financial outlook through 2028, according to a J.P.

Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion
Business|Economy|Finance|Stock Markets|World

Trading Day: Pause before PCE

World stocks eked out new highs while major markets such as the S&P 500, U.S. dollar and Treasuries were largely steady on Wednesday as investors

Trading Day: Pause before PCE
Business|Economy|World

Brazil central bank chief weighs two women for Copom vacancies, say sources

Brazil's Central Bank Governor Gabriel Galipolo is considering recommending two female professionals to fill vacancies on the bank's nine-member rate-

Brazil central bank chief weighs two women for Copom vacancies, say sources
Business|Economy|Finance|Stock Markets|US

Wells Fargo CEO sees mid-teens growth in investment banking, trading

Wells Fargo expects investment banking and trading revenue to rise by mid-teen percentage points in the second quarter, Chief Executive Charlie Scharf said on Wednesday.

Wells Fargo CEO sees mid-teens growth in investment banking, trading
Business|Economy|World

NZ central bank watching how much weaker demand would offset price increases

New Zealand's central bank is watching how much weaker demand from higher energy costs would hold back other price increases, a key

NZ central bank watching how much weaker demand would offset price increases
Business|Economy|Environment|Health

California residents evacuated due to chemical tank threat return home but fears remain

Residents were back in their homes near a chemical tank that overheated in Southern California

California residents evacuated due to chemical tank threat return home but fears remain
Business|Economy|Finance|Technology

Trump Accounts app to go live Thursday

Trump Accounts app to go live Thursday

Trump Accounts app to go live Thursday
Business|Economy|Finance|Stock Markets|World

Carlyle CEO sees market for defense investments as 'unlimited'

Investment firm Carlyle sees limitless opportunity to invest in the defense sector as governments globally hike military spending, Chief Executive Harvey

Carlyle CEO sees market for defense investments as 'unlimited'
Business|Economy|Technology|World

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes
Economy|Environment|Political|Science|World

The Latest: Trump convened his Cabinet as talks to end Iran war remain in flux

President Donald Trump convened his Cabinet on Wednesday at a precarious moment for talks aimed at ending the Iran war, saying “things are going very well” days after insisting a settlement was “largely negotiated.”

The Latest: Trump convened his Cabinet as talks to end Iran war remain in flux
Business|Economy|Political|Technology|World

Zelenskyy asks Trump for more US air defense help against Russian missile attacks, Kyiv says

Ukrainian President Volodymyr Zelenskyy has written to U.S. President Donald Trump and Congress asking for more air defense ammunition

Zelenskyy asks Trump for more US air defense help against Russian missile attacks, Kyiv says
Business|Economy|Europe|Political|World

EU's von der Leyen discussed Ukraine's path to EU membership with Zelenskiy

European Commission President Ursula von der Leyen said on Wednesday she had discussed Ukraine's path to EU membership with President Volodymyr Zelenskiy.

EU's von der Leyen discussed Ukraine's path to EU membership with Zelenskiy
Business|Economy|Finance|Stock Markets|Technology

Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption grows

Snowflake raised annual product revenue forecast on Wednesday, as enterprises ramped up spending on AI applications and shifted more data workloads to its

Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption grows
Business|Economy|Finance|Science|Stock Markets|Technology

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board

Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will give one board seat to

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
Business|Economy|Environment|World

Oil settles 5% lower as investors await updates on US-Iran peace deal talks

Oil prices fell 5% to their lowest level in over a month on Wednesday as investors awaited updates on a framework of a U.S.-Iran deal to end their

Oil settles 5% lower as investors await updates on US-Iran peace deal talks
Business|Economy|Finance|Stock Markets|US

Fed watchdog looking at reappointment process for central bank's regional presidents

By Michael S.

Fed watchdog looking at reappointment process for central bank's regional presidents
Business|Economy|World

Russia warns Armenia on supplies over EU bid; Trump backs PM Pashinyan

Russia said on Wednesday it had warned Armenia it would suspend or terminate the supply of cheap oil, gas and

Russia warns Armenia on supplies over EU bid; Trump backs PM Pashinyan
Business|Economy|Finance|World

Fed's Cook says she is prepared to raise rates if inflation doesn't ease

Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran

Fed's Cook says she is prepared to raise rates if inflation doesn't ease
Business|Economy|Finance|Stock Markets|Technology|World

US stocks inch to more records after oil prices drop

U.S. stocks inched to more records after oil prices fell back to where they were in mid-April

US stocks inch to more records after oil prices drop
Economy|Sports|Travel|World

Sole player who lives in Haiti awaits US visa as his squad prepares for the World Cup in Florida

The only member of Haiti’s national soccer team who is based in the troubled Caribbean country is awaiting a U.S. visa to join the squad in Florida just weeks before the start of the World Cup

Sole player who lives in Haiti awaits US visa as his squad prepares for the World Cup in Florida
Business|Economy|Education|Health|Lifestyle

A new specialty license plate will help pay off school lunch debt across Utah

A new specialty license plate will help pay off school lunch debt across Utah

A new specialty license plate will help pay off school lunch debt across Utah
Economy|Political|US|World

Trump plays mayor at Cabinet meeting, showcasing his DC renovations

President Donald Trump took on the role of a small town mayor during his latest Cabinet meeting, spending 10 full minutes describing in great detail the various beautification projects underway around Washington, D.C. He highlighted efforts to fix fountains, power-wash pools and repair brick walkways

Trump plays mayor at Cabinet meeting, showcasing his DC renovations
Business|Crime|Economy|Environment

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts
Business|Economy|Finance|Stock Markets|US|World

Apex Service sells minority stake to Apollo at $10 billion valuation, source says

Home services company Apex Service Partners has agreed to sell a minority stake to Apollo Global Management in a deal that a source familiar with

Apex Service sells minority stake to Apollo at $10 billion valuation, source says
Business|Economy|Political|World

US, Mexico set three rounds of trade deal talks without Canada

The Trump administration's trade agency said on Wednesday it will kick off the first of three negotiating rounds with Mexico this week to revamp the

US, Mexico set three rounds of trade deal talks without Canada
Business|Economy|Fashion and Beauty|Sports

After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand

Hard-hit Lululemon Athletica has ended a months-long proxy fight with founder Chip Wilson that weighed on its shares amid weakening brand appeal.

After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand
Africa|Economy|Political|Travel|World

Ghanaians repatriated from South Africa after anti-immigrant protests

Almost 300 Ghanaian nationals returned home on Wednesday after waves of anti-immigrant protests in South Africa heightened safety concerns.

Ghanaians repatriated from South Africa after anti-immigrant protests
Business|Economy|Political|World

New Zealand plans austere budget in election year as Iran war fans economic risks

Less than six months out from what's shaping up to be a closely fought election, New Zealand will unveil a bare-bones budget on Thursday, one forged in

New Zealand plans austere budget in election year as Iran war fans economic risks
Business|Economy|Finance|Stock Markets|US|World

Wall Street indexes post closing record highs, AI rally pauses

Rising healthcare and consumer stocks lifted the Dow Jones Industrial Average on Wednesday to a record closing high, while

Wall Street indexes post closing record highs, AI rally pauses
Business|Economy|Finance|Stock Markets|US

United Airlines CEO rules out consolidation push after American rebuff

United Airlines CEO Scott Kirby said on Wednesday the carrier does not expect to pursue airline consolidation for the foreseeable

United Airlines CEO rules out consolidation push after American rebuff
Economy|Political|US|World

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting
Business|Crime|Economy|Environment|Lifestyle

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift
Business|Economy|Finance

Man received survivor benefits as a teen after dad's death; the government wants it back decades later

Man received survivor benefits as a teen after dad's death; the government wants it back decades later

Man received survivor benefits as a teen after dad's death; the government wants it back decades later
Business|Crime|Economy|Finance|Lifestyle

Homeowners getting eviction notices after little-known legal document filed in 2024

Homeowners getting eviction notices after little-known legal document filed in 2024

Homeowners getting eviction notices after little-known legal document filed in 2024
Business|Economy|Health|Political|Science|Technology

Iowa law funds pediatric cancer research through vape tax

Iowa law funds pediatric cancer research through vape tax

Iowa law funds pediatric cancer research through vape tax
Business|Economy|Education|Finance|Health|Political|US

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war
Business|Economy|Election|Environment|Political|World

Peru presidential candidates' mining plans cast doubt on investment, industry leader says

The president of Peru's National Society of Mining, Petroleum and Energy (SNMPE) on Tuesday warned that opposing mining policies from the two presidential

Peru presidential candidates' mining plans cast doubt on investment, industry leader says
Business|Economy|Finance|World

Brazilian inflation tops target band in early May, clouds easing path

Brazil's 12-month inflation in early May exceeded the upper end of the central bank's target range for the first time since October 2025, official data showed on

Brazilian inflation tops target band in early May, clouds easing path
Business|Economy|Finance|Technology|World

GE Aerospace sees engine maintenance demand hold up despite higher fuel prices

GE Aerospace has not seen airlines pull back on engine maintenance or parts orders despite higher fuel prices and softer flight departures, CEO Larry

GE Aerospace sees engine maintenance demand hold up despite higher fuel prices
Business|Economy|Environment|Technology

Trump's domestic shipping waiver has not cut gasoline prices by much, data shows

President Donald Trump’s waivers allowing foreign-flagged ships to move oil and fuel between U.S. ports have had little impact on

Trump's domestic shipping waiver has not cut gasoline prices by much, data shows
Economy|Election|Europe|Finance|Political|World

UK's ex-PM Blair calls on Labour to focus on policy, not personality

Tony Blair, who led Labour to victory in three UK elections, called on the party on Tuesday to shun the temptation to move left or reverse Brexit to shore up its fortunes,

UK's ex-PM Blair calls on Labour to focus on policy, not personality
Business|Economy|Environment|Technology|World

Boeing increasing 737 production after consulting FAA

Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly

Boeing increasing 737 production after consulting FAA
Business|Economy|Entertainment|Technology|World

Michael Nelson, Reuters veteran who oversaw its transformation, dies at 97

When in April 1968, years into the Vietnam War, communist forces declared their openness to a negotiated peace, Michael Nelson was quick to flag Reuters as

Michael Nelson, Reuters veteran who oversaw its transformation, dies at 97
Business|Economy|Science|Technology

Capgemini says AI widens client spending pool

By Leo Marchandon and Coralie Lamarque (REUTERS), May 27 (Rtrs) - Capgemini on Thursday said artificial intelligence was opening access to client spending beyond traditional information technology

Capgemini says AI widens client spending pool
Economy|Political|Technology|World

Iranians are back online after a monthslong shutdown but still face heavy restrictions

Iranians have begun to regain internet access after authorities ended a monthslong shutdown

Iranians are back online after a monthslong shutdown but still face heavy restrictions
Economy|Europe|World

US extends Temporary Protected Status for Lebanon until November

The Trump administration will extend deportation protections and work permits for thousands of Lebanese nationals in the U.S. for

US extends Temporary Protected Status for Lebanon until November
Economy|Environment|Political|World

Former Canadian minister to quit seat over environmental concerns, shrinking Carney's government

Former Canadian cabinet minister Steven Guilbeault said on Wednesday he plans to step down from his seat in parliament, citing his desire to fight for environmental

Former Canadian minister to quit seat over environmental concerns, shrinking Carney's government
Business|Economy|Finance|World

Sri Lanka's surprise rate hike risks choking off IMF-backed recovery

Sri Lanka's surprise 100 basis-point interest rate hike risks tipping into over-tightening just as a fragile, IMF-backed recovery takes hold,

Sri Lanka's surprise rate hike risks choking off IMF-backed recovery
Economy|Environment|World

Puerto Rico governor announces emergency to fight worsening coastal erosion

Puerto Rico’s governor has announced a state of emergency following critical coastal erosion along the U.S. territory’s north coast

Puerto Rico governor announces emergency to fight worsening coastal erosion
Business|Economy|Finance|Health

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs
Economy|Election|Finance|Political|US

Trump is getting the Republican Party he wants. But can he win in the midterms?

President Donald Trump has been showcasing his influence in Republican primaries, recently endorsing Ken Paxton in Texas

Trump is getting the Republican Party he wants. But can he win in the midterms?
Business|Economy|Finance|Stock Markets|US

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity

JPMorgan Chase's expenses for this year could be $1 billion higher than earlier estimates, which could potentially crimp its profitability,

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity
Business|Economy|Science|Technology

Global firms use AI at Indian hubs to bring more ad work in-house

Global companies are using AI at their Indian hubs to bring more creative work in-house, cutting turnaround time and their reliance on

Global firms use AI at Indian hubs to bring more ad work in-house
Business|Economy|Health|World

NY Fed finds 'remarkable increase' in food insecurity for many Americans

By Michael S.

NY Fed finds 'remarkable increase' in food insecurity for many Americans
Business|Economy|Finance|Stock Markets|World

Lazard taps BofA veteran Burton-Morgan for new ECM advisory role, source says

Investment bank Lazard has hired industry veteran Daniel Burton-Morgan to lead a newly created advisory role, a source familiar with the matter said on Wednesday.

Lazard taps BofA veteran Burton-Morgan for new ECM advisory role, source says
Americas|Business|Economy|Europe|Fashion and Beauty|MidEast

Abercrombie, Bath & Body Works' results show Americans are still spending, but selectively

Abercrombie & Fitch and Bath & Body Works beat quarterly profit estimates, sending their shares up more than 12% on Wednesday, and signaled that economic

Abercrombie, Bath & Body Works' results show Americans are still spending, but selectively
Business|Economy|Finance|US|World

U.S. banks report profit uptick in first quarter: FDIC

U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks

U.S. banks report profit uptick in first quarter: FDIC
Business|Economy|Finance|Science|Stock Markets|Technology|US

US space stocks rise on SpaceX IPO hype

Shares of U.S. space companies continued to climb on Wednesday, extending their recent rally as investors bet that rocket company SpaceX's

US space stocks rise on SpaceX IPO hype
Business|Economy|Environment|Finance|World

Canada turns from US to Europe as Iran war propels aluminium higher

Canada is pushing more of its aluminium towards Europe to make the most of higher premiums on offer, after its neighbour the United States

Canada turns from US to Europe as Iran war propels aluminium higher
Business|Economy|Environment|Finance|Stock Markets|World

Stocks eke out record closing highs, oil slides as markets eye US-Iran peace progress

Wall Street stocks showed little conviction on Wednesday, inching to all-time closing highs, while crude oil prices retreated as investors assessed

Stocks eke out record closing highs, oil slides as markets eye US-Iran peace progress
Business|Economy|Environment|World

COSCO products tanker leaving Strait of Hormuz, oil traffic still limited

An oil products tanker operated by Chinese shipping group COSCO was in the process of crossing through the Strait of Hormuz on Wednesday, after two crude

COSCO products tanker leaving Strait of Hormuz, oil traffic still limited
Business|Economy|Finance|Stock Markets|World

Yen slides toward intervention zone as Iran war tensions lift dollar

The yen fell to its weakest level in nearly four weeks on Wednesday, edging closer to levels that prompted Japanese authorities

Yen slides toward intervention zone as Iran war tensions lift dollar
Business|Economy|Finance|Stock Markets|US

BofA CEO sees 15% growth in second-quarter trading revenue

Bank of America expects trading revenue to jump 15% in the second quarter from a year ago when the market was hit by the volatility from

BofA CEO sees 15% growth in second-quarter trading revenue
Business|Economy|Travel

American Airlines sees resilient demand cushioning fuel-price hit

American Airlines is sticking with its recently lowered full-year profit outlook despite a sharp jump in fuel prices, CEO Robert

American Airlines sees resilient demand cushioning fuel-price hit
Business|Economy|Science|Technology|World

OpenAI Foundation commits $250 million to help workers, economies navigate AI disruption

The non-profit that controls OpenAI will commit an initial $250 million for grants, partnerships and direct work aimed at helping workers and economies navigate the disruption

OpenAI Foundation commits $250 million to help workers, economies navigate AI disruption
Business|Economy|Environment|US

Exxon wins shareholder backing for legal move to Texas

Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer after

Exxon wins shareholder backing for legal move to Texas
Business|Economy|Political|Technology|World

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds

U.S. military contractors will need at least three years to replenish stockpiles of three key weapons systems used in the Iran war

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds
Business|Economy|Technology|World

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears

Drivers in Massachusetts for ride-hailing apps such as Uber and Lyft have become the first in the nation to certify a union

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears
Business|Economy|Finance|Stock Markets|US

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping

The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
Economy|Environment|Science|Technology|World

A warmer world creates bigger and more damaging hailstones, study says

A new study says the size and damage from hailstones will increase in a warming world

A warmer world creates bigger and more damaging hailstones, study says
Business|Economy|Finance|Stock Markets|World

US mortgage rate rises to nine-month high, worsening affordability again

The rate on the most popular U.S. residential real estate loan hit a nine-month high last week in another blow to home-ownership affordability, as the Iran war kept oil prices

US mortgage rate rises to nine-month high, worsening affordability again
Business|Economy|Education|Environment|Finance|Political|World

Bolivia clears path to send troops onto streets to calm protests

Bolivia's President Rodrigo Paz on Wednesday took steps toward potentially declaring a state of emergency as anti-government protests have escalated in the early months of

Bolivia clears path to send troops onto streets to calm protests
Asia|Business|Economy|Political|World

Taiwan president gifts Trump autobiography of TSMC founder

Taiwan President Lai Ching-te on Wednesday gifted U.S.

Taiwan president gifts Trump autobiography of TSMC founder
Business|Economy|Finance|Stock Markets|World

S&P 500 forecast to end year slightly higher even as war drags on

The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock

S&P 500 forecast to end year slightly higher even as war drags on
Business|Economy|Finance|Stock Markets|Technology

Robinhood opens platform to AI agents for trading, credit card purchases

Robinhood will allow customers to deploy AI agents to trade stocks on its platform and make purchases on its credit card, the company said on Wednesday.

Robinhood opens platform to AI agents for trading, credit card purchases
Arts|Business|Economy|Europe

AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer

Dulux paint maker AkzoNobel struck down a €12.5 billion ($14.6 billion) cash takeover offer from rivals Nippon Paint and Sherwin-Williams on Wednesday, sending its

AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer
Business|Economy|Environment|Finance|Science|Technology|World

Defence-driven demand powers surge in US listings by mining firms

There has been a surge in mining companies seeking U.S. listings this year, but even more striking is the change in language as firms explicitly target

Defence-driven demand powers surge in US listings by mining firms
Business|Economy|Technology|World

Wall St opens higher on AI optimism, Mideast truce hopes

Wall Street's main indexes opened higher on Wednesday aided by sustained AI-driven momentum, while investors were cautiously optimistic that the U.S. and Iran would reach a deal.

Wall St opens higher on AI optimism, Mideast truce hopes
Business|Economy|Environment|Science|Technology

Nuclear firm Newcleo to list on Nasdaq in a deal valuing it at $2.4 billion

Nuclear energy company Newcleo has entered an agreement to list on the Nasdaq stock exchange through a merger with NewHold Investment Corp III, the firm

Nuclear firm Newcleo to list on Nasdaq in a deal valuing it at $2.4 billion
Economy|Health|Science|World

'Breakneck' Ebola epidemic in Congo outpaces world's response

In an Ebola outbreak, hours matter. 

'Breakneck' Ebola epidemic in Congo outpaces world's response
Business|Economy|Political|Technology|World

'Greetings after 88 days': Iranians reconnect after long internet shutdown

Iranians isolated by a long internet shutdown imposed by the authorities during the war with the U.S. and Israel

'Greetings after 88 days': Iranians reconnect after long internet shutdown
Economy|Political|US|World

Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade

(Corrects first paragraph to show that state TV obtained the draft, not Tehran.

Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade
Business|Economy|Finance|Technology|World

Top central banks forge ahead with 'always-on' cross-border payments testing

A group of the world's leading central banks and more than 40 major commercial banks are to step up testing of one of the world's most closely watched digital

Top central banks forge ahead with 'always-on' cross-border payments testing
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Capri sees quarterly sales slide again, leans on Michael Kors turnaround

Capri Holdings forecast another quarter of declining sales on Wednesday but provided an upbeat annual profit target as it bets on a turnaround

Capri sees quarterly sales slide again, leans on Michael Kors turnaround
Asia|Business|Economy|Technology|World

American Airlines plans to double India tech hub staff, sources say

U.S. carrier American Airlines Group plans to double headcount at its India technology hub to about 800 by early next

American Airlines plans to double India tech hub staff, sources say
Business|Economy|Environment|Finance

Chevron shareholders reject proposal for independent board chair

Chevron shareholders rejected a proposal that would have required an independent board chair separate from the CEO role, according to preliminary voting

Chevron shareholders reject proposal for independent board chair
Business|Economy|Election|Finance|Political|US

Billionaire Tom Steyer's ad spending breaks records in California governor's race

Win or lose, billionaire Democrat Tom Steyer will leave a mark in the history books in his bid to become California’s next governor

Billionaire Tom Steyer's ad spending breaks records in California governor's race
Business|Economy|Education|Environment|Science|Technology

AI is replacing humans in responding to some surveys – but simulated opinions are not the same as public opinion

AI models can simulate the answers thousands of people would provide to a survey, but the results aren’t a reliable measure of what real people would actually say.

AI is replacing humans in responding to some surveys – but simulated opinions are not the same as public opinion
Business|Economy|Environment|Science|Technology

Blackout risks are rising – why neighboring power grids can’t just send extra electricity where it’s needed

Western states are figuring out how to make electricity-sharing work, but it isn’t easy. Texas learned that the hard way.

Blackout risks are rising – why  neighboring power grids can’t just send extra electricity where it’s needed
Arts|Economy|Education|Health|Opinion

Older Americans are often compelled to keep working – and then criticized for not stepping aside

Sometimes they hear they’re supposed to stay active and engaged. Other times they’re vilified for holding on to power too long. It’s all made ‘knowing when it’s time’ a whole lot harder.

Older Americans are often compelled to keep working – and then criticized for not stepping aside
Business|Crime|Economy|Lifestyle|Technology

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"
Business|Economy|Fashion and Beauty|Finance|Lifestyle|Stock Markets

Bath & Body Works beats quarterly estimates on strong demand for 'affordable luxury'

Bath & Body Works beat Wall Street estimates for first-quarter sales and profit on Wednesday, helped by strong demand for its scented candles and personal care products, sending its

Bath & Body Works beats quarterly estimates on strong demand for 'affordable luxury'
Economy|Political|World

Peronist leaders in Argentina seek broad alliance as Milei loses support

Leaders within Peronism, Argentina's main opposition movement, are looking to capitalize on President Javier Milei's declining popularity and push to form a

Peronist leaders in Argentina seek broad alliance as Milei loses support
Business|Economy|Finance|Stock Markets|Technology|World

Out of the blue chips

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

Out of the blue chips
Business|Economy|Europe|Technology|World

Airbus Defence chief rules out total failure of FCAS fighter jet project

The head of Airbus Defence ruled out the complete failure of the crisis-hit Franco-German FCAS fighter jet project, saying at least a networking system for weapons and drone

Airbus Defence chief rules out total failure of FCAS fighter jet project
Business|Economy|Finance|Stock Markets

US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say

Large mutual funds and passive index funds are starting to set aside more cash and preparing to offload some of their existing holdings in large-cap stocks,

US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say
Arts|Business|Economy|Entertainment

Bollore urges UMG to reject Ackman's $64 billion bid

Bollore CEO Cyrille Bollore on Wednesday urged Universal Music Group to reject Bill Ackman's takeover proposal, saying the offer

Bollore urges UMG to reject Ackman's $64 billion bid
Business|Economy|Finance|Technology|World

Tencent links PayPal to WeChat Pay network, enabling US users to spend across China

U.S.

Tencent links PayPal to WeChat Pay network, enabling US users to spend across China
Business|Economy|Europe|Technology|World

Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe

Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence,

Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
Business|Economy|Finance|Sports

Lululemon ends proxy battle with founder Chip Wilson

Lululemon Athletica has ended its boardroom battle with founder Chip Wilson, agreeing to give him two board picks in exchange for his pledge to stay

Lululemon ends proxy battle with founder Chip Wilson
Business|Economy|Environment|Technology

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal,

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal
Business|Economy|Sports

Dick's Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins

Dick's Sporting Goods lowered its full-year profit forecast on Wednesday as margin pressure tied to its Foot Locker acquisition weighed on earnings, even as strong demand for

Dick's Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins
Africa|Economy|World

A bitter Eid al-Adha in Mali's capital as al-Qaida-linked blockade sends sheep prices soaring

Muslims in Mali's capital, Bamako, face challenges celebrating Eid al-Adha due to a blockade by armed groups linked to al-Qaida

A bitter Eid al-Adha in Mali's capital as al-Qaida-linked blockade sends sheep prices soaring
Business|Economy|Political|World

Trump’s latest immigration move clouds the path to green cards

President Donald Trump's administration has announced a new policy requiring green card seekers to apply from their home countries instead of in the U.S. This change has left many immigrants and attorneys confused and concerned

Trump’s latest immigration move clouds the path to green cards
Business|Economy|Entertainment|Lifestyle|Technology

These are the five least expensive new cars you can buy in 2026, according to Edmunds

Buying a car is a major investment, especially as everyday costs continue to rise

These are the five least expensive new cars you can buy in 2026, according to Edmunds
Business|Economy|Finance|Stock Markets|World

Iran war splits global markets into clear winners and losers

Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for

Iran war splits global markets into clear winners and losers
Business|Economy|Finance|Stock Markets|Technology

Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid

GameStop CEO Ryan Cohen shared few details when he said he would do "whatever we need to do" to buy eBay after the e-

Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid
Business|Economy|Europe|World

German economic council cuts growth forecast as energy prices bite

The German Council of Economic Experts cut its growth forecast for Europe's largest economy on Wednesday, citing the impact of the Middle East conflict,

German economic council cuts growth forecast as energy prices bite
Australia|Business|Economy|Finance|Stock Markets

Once investor darlings, Australian banks get reality check on mortgage change

A looming slowdown in mortgage lending, higher provisions for souring loans and rising interest rates are darkening the outlook for

Once investor darlings, Australian banks get reality check on mortgage change
Business|Economy|Finance|World

Investors expect US dollar to break higher as Fed battles inflation

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is

Investors expect US dollar to break higher as Fed battles inflation
Business|Economy|Europe|Finance|Stock Markets|World

European stocks end steady as gains in autos, chemicals offset Iran war uncertainty

European shares ended little changed on Wednesday, holding near record levels reached before the Iran war began, as gains in automobile and

European stocks end steady as gains in autos, chemicals offset Iran war uncertainty
Business|Economy|Finance|Technology

Prediction markets look to institutional investors for next phase of growth

Prediction market platforms including Kalshi are making a big push to attract top institutional

Prediction markets look to institutional investors for next phase of growth
Business|Economy|Science|Technology

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

Nvidia's chief executive said on Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicentre" of the AI

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO
Business|Economy|Finance|Stock Markets|Technology

Investors hunt for AI winners in small-cap US tech stocks

U.S. small-cap technology stocks are surging after years of underperformance, a sign of how the AI frenzy is pushing technology investors to look beyond the

Investors hunt for AI winners in small-cap US tech stocks
Business|Economy|Finance|Political|US|World

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance
Business|Economy|Environment|Political|World

‘Exploding oil.’ What the heck is Trump talking about?

‘Exploding oil.’ What the heck is Trump talking about?

‘Exploding oil.’ What the heck is Trump talking about?
Business|Economy|Europe|Finance|Stock Markets|World

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns

The Iran war and lingering trade tensions could dent euro zone economic growth, push up borrowing costs and challenge some member states' ability to sustain public

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns
Business|Economy|Europe|Political|World

EU governments clear US trade deal legislation

European Union governments cleared legislation on Wednesday to remove import duties on many U.S. goods, an EU source with knowledge of their meeting

EU governments clear US trade deal legislation
Business|Economy|Finance|World

BOJ's net income falls due to higher interest payments on reserves

The Bank of Japan saw net income fall in fiscal 2025 as rising interest rates boosted payments made on excess reserves parked with the central bank, its

BOJ's net income falls due to higher interest payments on reserves
Economy|Europe|Political|World

Greece's leftist firebrand Tsipras makes comeback with new political party

Former prime minister Alexis Tsipras, the leftist firebrand who ran Greece at the height of its debt crisis in 2015, has launched a new political party, promising to fight

Greece's leftist firebrand Tsipras makes comeback with new political party
Business|Economy|Environment|Finance|World

Fed's Logan: world may need to cut use of oil and natural gas 

The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer due to the U.S.-Israeli war on Iran, Dallas Federal Reserve

Fed's Logan: world may need to cut use of oil and natural gas 
Asia|Economy|Europe|Political|World

China willing to work with Czech government to improve ties

China is willing to work with the Czech Republic to improve ties and revive a traditional friendship, Foreign Minister Wang Yi told Czech counterpart Petr Macinka, state

China willing to work with Czech government to improve ties
Business|Economy|Technology|World

Amazon invests $20 billion in UK in 2025

Amazon invested over £15 billion ($20 billion) in Britain in 2025, keeping the e-commerce giant on track to deliver its planned £40 billion investment in the three years to

Amazon invests $20 billion in UK in 2025
Business|Economy|Finance|Stock Markets|World

European stocks set for modest gains as Iran war dampens outlook, poll shows

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the economic hit from the Iran war

European stocks set for modest gains as Iran war dampens outlook, poll shows
Business|Economy|Environment|World

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say

China has issued export quotas for urea fertiliser, sources with direct knowledge of the matter said, a move that could help ease soaring global prices for one of the world's most

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say
Business|Economy|Finance|Food|Lifestyle|Political

UK grocery inflation eases with Iran conflict yet to fully hit prices

British grocery inflation eased to 3.1% in the four weeks to May 17, its slowest rate of increase since December 2024, researcher Worldpanel by Numerator said

UK grocery inflation eases with Iran conflict yet to fully hit prices
Africa|Economy|Education|Environment|Health|Science|World

In Congo displacement camp, fighting Ebola with sand, oatmeal and one thermometer but no water

There is one handwashing station and one infrared thermometer to fight the Ebola epidemic in this camp for 10,000 displaced people in Bunia, a city at the heart of the outbreak in eastern Congo

In Congo displacement camp, fighting Ebola with sand, oatmeal and one thermometer but no water
Australia|Business|Economy|Finance|Stock Markets

AustralianSuper says possible Glencore listing on ASX would be positive

Pension fund AustralianSuper on Wednesday said if Glencore decides to list shares on the Australian Securities Exchange, it would be "

AustralianSuper says possible Glencore listing on ASX would be positive
Business|Economy|Environment|Science|Technology

SpaceX's Starship test strengthens IPO case, though hurdles remain

SpaceX's upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk's $1.75 trillion IPO, while

SpaceX's Starship test strengthens IPO case, though hurdles remain
Business|Economy|Finance|World

Fed's Kashkari calls for focus on inflation risk, mum on timing of next rate move

The Federal Reserve must focus on containing inflationary risks that appear to be building, though it was "far too soon" to predict when it could next change

Fed's Kashkari calls for focus on inflation risk, mum on timing of next rate move
Asia|Business|Economy|World

Job ad for shepherds goes viral in China exposing labour market strains

Chinese farm owner Zuo Xiaoyong was stunned to see his job ad for shepherds to work in the remote and rugged grasslands south of Mongolia

Job ad for shepherds goes viral in China exposing labour market strains
Asia|Business|Economy|World

China says Panama ties should not be subject to third-party interference, Xinhua reports

China's Foreign Minister Wang Yi said Beijing was ready to deepen practical cooperation with Panama and urged the Central American country to safeguard Chinese firms'

China says Panama ties should not be subject to third-party interference, Xinhua reports
Asia|Business|Crime|Economy|World

'Business as usual': Fakes, piracy thrive in Vietnam as US tariff deadline nears

At a sprawling bazaar on the outskirts of Vietnam's capital, the trade in counterfeit goods is bustling despite government crackdowns and

'Business as usual': Fakes, piracy thrive in Vietnam as US tariff deadline nears
Economy|World

Supply shock, debt may hurt central bank independence, ex-Fed executive says

Pressures on central bank independence are likely to grow as public dissatisfaction over supply-shock-driven inflation may tempt politicians to assign blame

Supply shock, debt may hurt central bank independence, ex-Fed executive says
Business|Economy|Technology|World

Japan's Nikkei retreats from record high as AI rally sparks caution

Japan's Nikkei share average retreated from a record peak to end nearly flat on Wednesday, as investor caution grew about the fast-paced rally in AI-related

Japan's Nikkei retreats from record high as AI rally sparks caution
Business|Economy|Technology|World

Samsung workers approve pay deal but management still has trying times ahead

Unionised workers at Samsung Electronics have approved a highly contentious deal on bonus pay - one that averts a massive strike but also exacerbates deep

Samsung workers approve pay deal but management still has trying times ahead
Business|Economy|Science|Technology|World

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom
Business|Economy|Political|Travel|World

US draws up plans to halt immigration, customs processing at 'sanctuary city' airports

U.S.

US draws up plans to halt immigration, customs processing at 'sanctuary city' airports
Asia|Business|Economy|Technology|World

Samsung pay deal marks seismic change for South Korea, emboldening unions

The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses.

Samsung pay deal marks seismic change for South Korea, emboldening unions
Business|Economy|Science|Technology|World

Samsung plans $1.5 billion chip testing plant in Vietnam, document shows

Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) in Vietnam to build a semiconductor testing plant, its proposal

Samsung plans $1.5 billion chip testing plant in Vietnam, document shows
Business|Economy|World

Thai housing demand recovering but outlook clouded by energy shock risks

(Fixes typo in lead paragraph to 'lender,' not 'leader.')

Thai housing demand recovering but outlook clouded by energy shock risks
Asia|Business|Economy|Political|Travel|World

Vietnam leader to visit Philippines next week for trade, security talks

Vietnam’s top leader To Lam will visit the Philippines next week, Manila said on Wednesday, as President Ferdinand Marcos Jr seeks to further strengthen his country's

Vietnam leader to visit Philippines next week for trade, security talks
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Markets cheer, central banks warn

A look at the day ahead in European and global markets from Rocky Swift While markets appear to be looking past the Middle East crisis and the havoc it has wreaked on energy supplies, central bankers

Markets cheer, central banks warn
Business|Crime|Economy|Environment|Health|World

Chemical tank rupture in Washington state causes one death, multiple injuries

A chemical tank imploded and ruptured at a Nippon Dynawave Packaging facility in the U.S. state of Washington on Tuesday, resulting in one death and nine injuries, while nine others

Chemical tank rupture in Washington state causes one death, multiple injuries
Business|Economy|Finance|Stock Markets|World

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows
Business|Economy|Finance|Stock Markets|World

Hong Kong watchdog raids local units of two Chinese brokerages, sources say

Hong Kong securities regulator has raided the local arms of two major Chinese brokerages as it investigates suspected misconduct tied to share offerings, sources said, the latest

Hong Kong watchdog raids local units of two Chinese brokerages, sources say
Business|Economy|Environment|Health|Science|Technology

Southern California officials lift all evacuation orders for residents near damaged chemical tank

Officials have lifted evacuation orders for final 16,000 residents near a damaged chemical tank in California

Southern California officials lift all evacuation orders for residents near damaged chemical tank
Business|Economy|Finance|Stock Markets|World

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook

Goldman Sachs has raised its 2026 year-end forecast for the S&P 500 index to 8,000 from 7,600, citing continued strength in corporate earnings.

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook
Business|Economy|World

NZ central bank flags imminent hikes to counter energy shock after narrow hold

New Zealand's central bank held rates steady on Wednesday, but a split vote underscored a knife-edge decision, as policymakers warned

NZ central bank flags imminent hikes to counter energy shock after narrow hold
Business|Economy|Environment|Finance|Stock Markets

BlackRock sees merit in large scale mining M&A

BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it

BlackRock sees merit in large scale mining M&A
Business|Economy|Technology|World

Samsung's unionised workers in South Korea approve pay deal

Samsung Electronics' unionised workers in South Korea voted to approve a tentative wage deal, the union said on Wednesday, averting a strike that threatened to rattle global

Samsung's unionised workers in South Korea approve pay deal
Business|Economy|Political|World

Russia allows central bank, top lender Sberbank to down drones

Russia has passed a law allowing its central bank and other financial institutions to operate their own defence systems and arm staff to repel drone attacks, a document published by

Russia allows central bank, top lender Sberbank to down drones
Business|Economy|Finance|World

BOJ's Ueda warns temporary energy shock could become persistent

Bank of Japan Governor Kazuo Ueda said on Wednesday central banks should not look at oil prices in isolation because a temporary energy shock can become

BOJ's Ueda warns temporary energy shock could become persistent
Business|Economy|Finance|Stock Markets|World

China's April industrial profits grow at fastest in more than two years

China's industrial profits in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening domestic demand and rising component

China's April industrial profits grow at fastest in more than two years
Australia|Business|Economy|Finance|World

Australia consumer inflation slows in April, core creeps higher

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core inflation ticked up as

Australia consumer inflation slows in April, core creeps higher
Business|Economy|Technology|World

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

AI exuberance and robust earnings will continue to power Japan's Nikkei to record highs, even as its blistering rally makes it hard for forecasters to keep

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll
Business|Economy|Finance|Stock Markets|World

Japan's corporate service prices rise 3% in April

A key gauge of Japan's service-sector inflation rose 3.0% in April from a year earlier, data showed on Wednesday, reinforcing the central bank's view that a tight labour

Japan's corporate service prices rise 3% in April
Business|Economy|Environment|Europe|World

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US
Business|Economy|Environment|Health

Correction: Southern California-Chemical Tan story

In a story published May

Correction: Southern California-Chemical Tan story
Business|Economy|Finance|Stock Markets

SpaceX set for fast entry into US, global indexes under new FTSE rules

Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S.

SpaceX set for fast entry into US, global indexes under new FTSE rules
Business|Economy|Finance|Technology

IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled Blackwell systems from Dell for about $1.6 billion, as it aims to bring more capacity online to

IREN to buy Blackwell systems from Dell for about $1.6 billion
Business|Economy|Finance|Political|World

Trump administration proposes having all federal workers sign NDAs

Trump administration proposes having all federal workers sign NDAs

Trump administration proposes having all federal workers sign NDAs
Economy|Health|Political|World

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes

President Donald Trump insists a peace deal is close on the 88th day of the Iran war

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes
Business|Economy|Finance|Stock Markets|Technology

Trading Day: The AI train rolls on

World stocks, the S&P 500 and Nasdaq rose to new highs on Tuesday, driven again by an unyielding optimism around artificial intelligence that

Trading Day: The AI train rolls on
Business|Economy|Environment|World

US and Thailand speed LNG talks as war hits Qatar exports, sources say

The U.S. and Thailand are in talks on new long-term supply of U.S.-produced liquefied natural gas, two sources said on Tuesday, negotiations that have

US and Thailand speed LNG talks as war hits Qatar exports, sources say
Business|Economy|Political|World

US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer says

The Trump administration intends to maintain tariffs on imports from Mexico and Canada, U.S.

US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer says
Business|Economy|Finance|Science|Stock Markets|Technology

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club

The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle East peace

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club
Business|Economy|Finance|Sports

Lululemon nears deal to settle proxy war with founder Chip Wilson

Lululemon Athletica is nearing a settlement with Chip Wilson that would give the athletic apparel maker's founder board seats in exchange for a

Lululemon nears deal to settle proxy war with founder Chip Wilson
Business|Economy|Environment|Technology|World

NTSB wants FAA to revise runway safety assessments during heavy rainfall

The U.S.

NTSB wants FAA to revise runway safety assessments during heavy rainfall
Business|Economy|Finance|Stock Markets|Technology

S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club

The S&P 500 hit a record closing high on Tuesday, while the tech-heavy Nasdaq notched further gains, as AI-fueled optimism

S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
Business|Economy|Environment|Political|World

Iran says new US strikes violate ceasefire

Iran said on Tuesday the United States had violated a ceasefire by striking targets near the contested Strait of Hormuz, potentially complicating efforts to bring the war to a close

Iran says new US strikes violate ceasefire
Business|Economy|Political|US|World

US to seek public comment on Chinese goods eligible for tariff cuts

U.S.

US to seek public comment on Chinese goods eligible for tariff cuts
Business|Economy|Technology|US|World

Volvo Cars wins US approval to keep importing vehicles with 'connected car' technology

(Corrects identifier RIC for Geely Holding in lead paragraph.)

Volvo Cars wins US approval to keep importing vehicles with 'connected car' technology
Crime|Economy|Finance|Political|Stock Markets|US|World

Trump administration proposes NDAs for federal employees to stop media leaks

The Trump administration wants all current and future federal employees to sign non-disclosure agreements, part of a continuing crackdown on leaks to the media

Trump administration proposes NDAs for federal employees to stop media leaks
Economy|Finance|Political|Stock Markets|World

Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records

The U.S. stock market rose to records as it caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were “proceeding nicely” with Iran on ending their war

Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records
Business|Economy|Finance|Stock Markets|Technology|World

S&P 500, Nasdaq rise on AI optimism, Micron joins $1 trillion club

The S&P 500 and the Nasdaq traded near record levels on Tuesday, after briefly hitting fresh intraday highs, as AI-fueled optimism

S&P 500, Nasdaq rise on AI optimism, Micron joins $1 trillion club
Business|Crime|Economy|Health|World

FAA proposes fining Alaska Airlines $165,000 over allowing intoxicated passengers to board

The Federal Aviation Administration on Tuesday proposed fining Alaska Airlines $165,000 for allegedly allowing intoxicated passengers to board

FAA proposes fining Alaska Airlines $165,000 over allowing intoxicated passengers to board
Business|Economy|Finance|Stock Markets|Technology

SoftBank hires banks for US IPOs of SB Energy and AI robotics spinoff Roze, sources say

SoftBank Group has tapped banks to prepare initial public offerings for its energy and infrastructure developer SB Energy and its planned

SoftBank hires banks for US IPOs of SB Energy and AI robotics spinoff Roze, sources say
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq nab record closing highs, WTI crude falls on hopes for Iran peace deal

The S&P 500 and the Nasdaq advanced on Tuesday, parting ways with their European counterparts, and falling West Texas Intermediate crude prices diverged

S&P 500, Nasdaq nab record closing highs, WTI crude falls on hopes for Iran peace deal
Business|Economy|Finance|Stock Markets|World

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, a setback to hopes over the weekend that the United

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening
Economy|Political|Technology|World

Iranians emerge online with skepticism and defiance after months of blackout

Iranians emerge online with skepticism and defiance after months of blackout

Iranians emerge online with skepticism  and defiance after months of blackout
Business|Crime|Economy|Entertainment|Health|Lifestyle|Technology

Supreme Court rejects Meta's appeal in Vermont social media addiction case

The Supreme Court has rejected a push to avoid a lawsuit alleging that Facebook and Instagram harmed young users, a decision that comes as social media companies increasingly face legal scrutiny

Supreme Court rejects Meta's appeal in Vermont social media addiction case
Economy|Election|Health|Political

Sen. Bernie Sanders rallies for Graham Platner and Troy Jackson ahead of June election

Sen. Bernie Sanders rallies for Graham Platner and Troy Jackson ahead of June election

Sen. Bernie Sanders rallies for Graham Platner and Troy Jackson ahead of June election
Business|Economy|Entertainment|Political|Sports

Maine Senate candidate Graham Platner stands by ad slamming Red Sox over private equity

Graham Platner began Memorial Day weekend by releasing an ad on the cable station that airs Boston Red Sox games accusing team owners of ruining the storied franchise

Maine Senate candidate Graham Platner stands by ad slamming Red Sox over private equity
Economy|Environment|MidEast|Political|World

Iran condemns US strikes as a show of 'bad faith' and begins restoring internet after long shutdown

Iran has denounced the most recent U.S. strikes as a sign of bad faith as negotiations press on toward a possible deal to end the war

Iran condemns US strikes as a show of 'bad faith' and begins restoring internet after long shutdown
Business|Economy|Environment|Finance|World

Dollar climbs as US strikes on Iran dent ceasefire optimism

The dollar edged higher against major currencies including the euro and yen on Tuesday, after renewed U.S. strikes on Iran dented optimism for a near-term

Dollar climbs as US strikes on Iran dent ceasefire optimism
Asia|Business|Economy|Technology|World

Japan set to start trade talks with Mercosur, Nikkei reports

Japan is set to begin talks with South American trade bloc Mercosur on an economic partnership to seek alternative oil sources, critical minerals and lower auto tariffs, the Nikkei

Japan set to start trade talks with Mercosur, Nikkei reports
Economy|Political|World

How far have the U.S. and Iran got towards ending the Iran war?

The United States and Iran have reached an agreement to extend a ceasefire, allow shipping through the Strait of Hormuz and lift a U.S. blockade and some sanctions on

How far have the U.S. and Iran got towards ending the Iran war?
Business|Economy|Environment|Finance|World

US-Iran talks are heating up again. But the danger isn’t over for gas prices

US-Iran talks are heating up again. But the danger isn’t over for gas prices

US-Iran talks are heating up again. But the danger isn’t over for gas prices
Business|Economy|Technology|Travel

American Airlines to equip over 500 narrow-body jets with Starlink Wi-Fi from 2027

American Airlines said on Tuesday it will equip over 500 of its narrow-body aircraft with Starlink in-flight Wi-Fi for domestic and short-haul international routes, starting in the

American Airlines to equip over 500 narrow-body jets with Starlink Wi-Fi from 2027
Business|Economy|Finance|Stock Markets|World

BofA expects at least 10 Brazilian IPOs in 2027

Bank of America expects at least 10 initial public offerings (IPOs) by Brazilian companies in 2027, executives told reporters on Tuesday.

BofA expects at least 10 Brazilian IPOs in 2027
Business|Economy|Finance|Stock Markets|US

Sunshine Silver eyes $2.32 billion valuation in US IPO

Sunshine Silver Mining & Refining Company is targeting a valuation of up to $2.32

Sunshine Silver eyes $2.32 billion valuation in US IPO
Business|Economy|Political|Science|World

Russia and Kazakhstan will sign nuclear power deal during Putin trip, Kremlin says

Russian President Vladimir Putin will oversee the signing of a deal outlining parameters for the construction of a nuclear power plant in Kazakhstan

Russia and Kazakhstan will sign nuclear power deal during Putin trip, Kremlin says
Business|Economy

Australia needs to ease complex rules to boost capital flows, says outgoing regulatory chief

Australia needs to overhaul complex regulations to boost innovation and revive its dwindling IPO pipeline, the country's outgoing top corporate regulator

Australia needs to ease complex rules to boost capital flows, says outgoing regulatory chief
Business|Economy|Finance|World

Inflation worries weigh on US consumer confidence in May

U.S. consumer confidence eased in May as worries about inflation linked to the war in Iran intensified and households' views of the labor market were

Inflation worries weigh on US consumer confidence in May
Business|Economy|Technology

Uber, Lyft drivers in Massachusetts form first US ride-share union

Ride-share drivers for app-based companies such as Uber and Lyft have unionized in Massachusetts, forming what state officials and labor leaders said was the

Uber, Lyft drivers in Massachusetts form first US ride-share union
Business|Economy|Finance|Stock Markets|US|World

Brent crude jumps 4% as US strikes in Iran fuel Hormuz shipping fears

Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, adding to uncertainty over whether a deal would be

Brent crude jumps 4% as US strikes in Iran fuel Hormuz shipping fears
Economy|Europe|Political|World

EU queries Czech PM's moves to tackle conflicts of interest

The European Commission has asked the Czech government for information on arrangements designed to prevent conflicts of interest over EU subsidies linked to companies in the

EU queries Czech PM's moves to tackle conflicts of interest
Business|Economy|Finance|Science|Stock Markets|Technology|US

Micron joins $1 trillion club as AI race powers memory chip boom

Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the U.S

Micron joins $1 trillion club as AI race powers memory chip boom
Business|Economy|Finance|Stock Markets|US

Analysts see limited upside to Ackman's Pershing Square as they kick off coverage

Wall Street analysts started coverage of Bill Ackman's Pershing Square with mostly neutral-equivalent ratings after the quiet period ended following its recent IPO.

Analysts see limited upside to Ackman's Pershing Square as they kick off coverage
Business|Economy|Political|Science|Technology|World

Pentagon spars with SpaceX over Starlink price hike during Iran war

As U.S. kamikaze drones guided by Elon Musk’s Starlink network began to make visible gains in the war against Iran, senior SpaceX officials reached a

Pentagon spars with SpaceX over Starlink price hike during Iran war
Business|Economy|Europe|Political|World

UK targets Russian crypto networks in latest sanctions

Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their

UK targets Russian crypto networks in latest sanctions
Business|Economy|Education|Environment|Health|Lifestyle|US

'I have to for my daughter': Grieving mom watches lifeguards return to South Haven

'I have to for my daughter': Grieving mom watches lifeguards return to South Haven

'I have to for my daughter': Grieving mom watches lifeguards return to South Haven
Business|Economy|Environment|World

Oil giant BP ousts new chairman over 'conduct' and shares slide

BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”

Oil giant BP ousts new chairman over 'conduct' and shares slide
Business|Economy|Finance|Stock Markets|US|World

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows
Business|Economy|Environment

Christmas tree farm fights back after pipeline company cuts down hundreds of trees, owner refuses NDA

Christmas tree farm fights back after pipeline company cuts down hundreds of trees, owner refuses NDA

Christmas tree farm fights back after pipeline company cuts down hundreds of trees, owner refuses NDA
Business|Economy|Finance|Stock Markets|Technology|World

Doncasters reveals 26% revenue jump in US IPO filing as defense listings run hot

Doncasters filed for a U.S. initial public offering on Tuesday, disclosing a 26% revenue jump in the first three months of 2026 as a red-hot streak of new

Doncasters reveals 26% revenue jump in US IPO filing as defense listings run hot
Business|Economy|Europe|MidEast|Political|World

US and Armenia sign partnership agreement ahead of Armenian election

U.S.

US and Armenia sign partnership agreement ahead of Armenian election
Business|Economy|Finance|World

US single-family home prices edge up in March, FHFA says

U.S. single-family house prices edged up in March, but further increases are unlikely as the war with Iran pushes mortgage rates higher, dampening housing demand.

US single-family home prices edge up in March, FHFA says
Business|Economy|Environment|Europe|Finance|Political|World

Energy shock persistence to decide ECB's next move, Sleijpen says

The persistence of energy price shocks will be a key factor guiding the European Central Bank's next policy decision, Dutch central bank chief

Energy shock persistence to decide ECB's next move, Sleijpen says
Business|Economy|Environment|World

BP ousts Chair Manifold over governance and conduct issues

BP has removed Chairman Albert Manifold with immediate effect, it said on Tuesday, citing governance standards, oversight and conduct issues just months after he was appointed to

BP ousts Chair Manifold over governance and conduct issues
Business|Economy|Finance|Stock Markets|Technology

Micron closes in on $1 trillion market value as UBS triples share price target

Shares of Micron Technology climbed about 14.2% in early trading on Tuesday after brokerage UBS sharply raised its target price for the stock citing stronger AI demand and long-term

Micron closes in on $1 trillion market value as UBS triples share price target
Business|Economy|World

Senegal's ousted prime minister Sonko elected parliament speaker

Senegal's parliament elected Ousmane Sonko as its speaker on Tuesday, days after President Bassirou Diomaye Faye fired him as prime minister

Senegal's ousted prime minister Sonko elected parliament speaker
Economy|Europe|MidEast|Political|World

Ukraine expects NATO summit to discuss funding despite trouble securing backing, envoy says

Ukraine's ambassador to Turkey said he expects NATO to discuss financial support for Kyiv at its summit in July, suggesting each member contributes a small

Ukraine expects NATO summit to discuss funding despite trouble securing backing, envoy says
Business|Economy|Finance|Stock Markets|US|World

Wall St gains at open as AI optimism overshadows Middle East risks

Wall Street's main indexes opened higher on Tuesday, with AI-fueled optimism overshadowing concerns over Middle East peace talks after recent U.S. strikes on Iran.

Wall St gains at open as AI optimism overshadows Middle East risks
Business|Economy|Finance|Stock Markets|US

Florida insurer Safepoint eyes $1.16 billion valuation in US IPO

Insurer Safepoint said on Tuesday it was targeting a valuation of up to $1.16 billion in ​its U.S. initial public offering, riding a wave of post-reform Florida insurance growth.

Florida insurer Safepoint eyes $1.16 billion valuation in US IPO
Business|Economy|Europe|Technology|World

Critics give Ferrari Luce EV a cool response, shares fall

Ferrari shares plunged by more than 8% on Tuesday as investors and critics reacted coolly to the Italian luxury sports

Critics give Ferrari Luce EV a cool response, shares fall
Business|Economy|Finance|Stock Markets|Technology|World

S&P 500, Nasdaq rise as AI optimism outweighs Middle East risks

The S&P 500 and the Nasdaq traded near record highs on Tuesday, with AI-fueled optimism offsetting concerns over Middle East peace talks after

S&P 500, Nasdaq rise as AI optimism outweighs Middle East risks
Americas|Business|Crime|Economy|Environment|World

Supreme Court rejects Florida's bid to sue Western states over truck licenses for immigrants

The Supreme Court has rejected Florida’s long shot attempt to sue California and Washington over the issuance of commercial driver licenses to truckers who don’t speak English and are not authorized to be in the United States

Supreme Court rejects Florida's bid to sue Western states over truck licenses for immigrants
Business|Economy|Finance|Stock Markets|Technology|US

PayPal’s online checkout empire is under siege as rivals squeeze its core business

PayPal, a pioneer in online payments, is facing significant challenges nearly three decades after its inception

PayPal’s online checkout empire is under siege as rivals squeeze its core business
Economy|Education|Environment|Science

California’s salmon fishery is reopening after a population crash led to a 3-year closure, but that doesn’t mean all is well

Salmon have faced a boom-bust cycle for years. Making their recovery last longer will require some big changes, including how hatcheries produce fish.

California’s salmon fishery is reopening after a population crash led to a 3-year closure, but that doesn’t mean all is well
Economy|Education|Environment|Science|Technology

The US is seeing stronger storms, so why are droughts getting worse?

Even though annual precipitation is rising nationally, the landscape is drying out more rapidly. That’s changing the water cycle.

The US is seeing stronger storms, so why are droughts getting worse?
Business|Economy|Education|Environment|Political

From the San Luis Valley to Vail, Latino labor powers every sector of Colorado’s economy

Latinos were the first Coloradans, and yet they are portrayed by the administration as intruders in an era of immigration enforcement.

From the San Luis Valley to Vail, Latino labor powers every sector of Colorado’s economy
Economy|Environment|Science

Releasing cool water protects fish in the Grand Canyon. That comes at cost to hydropower

Federal officials are considering cool water releases for the third consecutive year at Glen Canyon Dam in Northern Arizona this summer to safeguard the humpback chub, a federally protected fish

Releasing cool water protects fish in the Grand Canyon. That comes at cost to hydropower
Africa|Economy|Political|World

Firebrand PM's ouster complicates Senegal IMF talks, heightens bondholder risk

Senegalese President Bassirou Diomaye Faye's dismissal of a government headed by a firebrand critic of the International Monetary Fund gives fresh

Firebrand PM's ouster complicates Senegal IMF talks, heightens bondholder risk
Business|Economy|Political

As Fed leashes bank examiners, Wall Street pushes for more wins, sources say

Wall Street banks are pushing the Federal Reserve behind the scenes to cement its new supervisory regime so the changes cannot easily be reversed by

As Fed leashes bank examiners, Wall Street pushes for more wins, sources say
Business|Economy|Technology|World

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO

Gas engine manufacturer Innio said on Tuesday it was targeting a valuation of up to $20.25 billion in a U.S. initial public offering, as it looks to tap investor appetite for

Advent, ADIA-backed gas engine maker Innio targets $20.3 billion valuation in US IPO
Business|Economy|Political|World

Russian business to Putin: we need heavier weapons for drone defence

Russian companies are ready to finance the purchase of heavier weapons and electronic systems to defend their plants from drone attacks, Alexander Shokhin, head of Russia's

Russian business to Putin: we need heavier weapons for drone defence
Business|Economy|Finance|Stock Markets|World

India's fifth spot in global market cap list under threat as Taiwan closes in

India's position as the fifth-largest global market by capitalisation is under threat as Taiwan closes in on the South Asian nation's spot,

India's fifth spot in global market cap list under threat as Taiwan closes in
Business|Economy|Technology

I Squared bets on AI inference with $225 million data center buy from Cogent

Investment manager I Squared Capital on Tuesday said that it has bought 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest bet on AI

I Squared bets on AI inference with $225 million data center buy from Cogent
Business|Economy|Finance|Stock Markets|US

Applied Aerospace & Defense eyes $3.59 billion valuation in US IPO

Private equity-backed government contractor Applied Aerospace & Defense is targeting a valuation of up to $3.59 billion in ​its U.S. initial public offering, as defense firms tap

Applied Aerospace & Defense eyes $3.59 billion valuation in US IPO
Business|Economy|Finance|Lifestyle|Science|Technology

Your bank’s AI just blocked your payment – what can you do?

AI is now the machine deciding whether your payment goes through. And when it makes a mistake, the system isn’t designed to tell you why.

Your bank’s AI just blocked your payment – what can you do?
Economy|Environment|Health|Travel|World

Search continues for 7 villagers trapped in a flooded cave in Laos

A search operation for seven villagers trapped inside a flooded cave in central Laos has entered its seventh day as rescuers encounter difficult terrain and weather in their bid to reach the group

Search continues for 7 villagers trapped in a flooded cave in Laos
Business|Economy|Europe|World

Iran war dims hopes for German economic recovery, surveys show

The war in Iran is choking off hopes of an economic recovery in Germany that had emerged at the beginning of the year, with businesses assessing their situation as

Iran war dims hopes for German economic recovery, surveys show
Business|Economy|Technology

Honeywell's Quantinuum targets $12.7 billion valuation in US IPO

Honeywell's Quantinuum is targeting a valuation of up to $12.7 billion in its U.S. initial public offering, it said on Tuesday, as it looks to capitalize on heightened investor

Honeywell's Quantinuum targets $12.7 billion valuation in US IPO
Business|Economy|Finance|Health|Lifestyle

Is your cautious retirement spending doing more harm than good?

When we were children, it was common to be afraid of the boogeyman

Is your cautious retirement spending doing more harm than good?
Business|Economy|Environment|Science|Technology

Australia's Element 25 reviews US project as it looks to renegotiate GM, Stellantis contracts

Manganese producer Element 25 said on Tuesday it is reviewing its project execution plan for the production of high-purity manganese sulphate monohydrate (HPMSM) in Louisiana, U.S.,

Australia's Element 25 reviews US project as it looks to renegotiate GM, Stellantis contracts
Business|Economy|Finance|World

Wrong sort of 'boom' to start the week

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a long weekend in the United States and many other countries,

Wrong sort of 'boom' to start the week
Business|Economy|Health|Political|Science|Technology

Big Tobacco comes out on top after US FDA shake-up

The U.S.

Big Tobacco comes out on top after US FDA shake-up
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK CBI retail data recovers from record low, consumer demand still weak

British retailers reported lower sales in May against a backdrop of weak demand, but not the record downturn they had reported a month earlier, according to figures released

UK CBI retail data recovers from record low, consumer demand still weak
Business|Economy|Finance|World

How Trump's bank regulators are paring back supervision

Republican President Trump's regulators are undertaking the biggest overhaul of bank supervision since the 2008 financial crisis.

How Trump's bank regulators are paring back supervision
Business|Economy|Europe|Finance|MidEast|Political|World

Ireland to ban goods from Israeli settlements in West Bank by July

Ireland aims to pass a law curbing goods trade with settlements in the Israeli-occupied West Bank by mid-July with Israel, some U.S. lawmakers and business groups opposing

Ireland to ban goods from Israeli settlements in West Bank by July
Business|Economy|Finance|Stock Markets|World

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields

Near record highs, stocks face fresh test from bond yields
Business|Economy|Finance|Stock Markets|World

Japan keeps view economy recovering but warns risk from Middle East

Japan's government retained its assessment in May that the economy was recovering moderately, while warning that tensions in the Middle East and fluctuations in financial

Japan keeps view economy recovering but warns risk from Middle East
Business|Economy|Europe|Finance|World

Euro zone may face pockets of stress from private credit, not systemic risk: ECB

The euro zone is not facing systemic risk from the recent turbulence in private credit markets but a few pockets of the financial system are exposed and some tension may

Euro zone may face pockets of stress from private credit, not systemic risk: ECB
Business|Economy|Science|Technology|World

OpenAI's Altman says AI unlikely to lead to 'jobs apocalypse'

OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global "jobs apocalypse" and the technology had not

OpenAI's Altman says AI unlikely to lead to 'jobs apocalypse'
Business|Economy|Finance|Stock Markets|World

European equities slip as US strikes on Iran cloud peace prospects

European shares slipped on Tuesday as doubts over the prospects of a deal to end the conflict with Iran weighed on sentiment after the U.S.

European equities slip as US strikes on Iran cloud peace prospects
Asia|Business|Economy|Finance|Technology|World

April shipments of foreign-branded phones in China up 1.8% Y/Y, CAICT data shows

Shipments of foreign-branded mobile phones in China for April, including Apple's iPhones, were up 1.8% from the same month last year, Reuters calculations based on data

April shipments of foreign-branded phones in China up 1.8% Y/Y, CAICT data shows
Business|Economy|Europe|MidEast|World

ECB to revise inflation, growth forecasts, its chief economist says

The European Central Bank will likely revise its inflation and growth forecasts next month reflecting the darkening outlook from the Middle East conflict, its chief economist

ECB to revise inflation, growth forecasts, its chief economist says
Asia|Business|Economy|World

Quad ministers announce new Indo-Pacific initiatives on maritime security and energy

Australia, India, Japan and the United States have agreed new initiatives for maritime security, critical minerals, port infrastructure, and energy security to boost cooperation in the Indo-Pacific region amid concerns about China's influence

Quad ministers announce new Indo-Pacific initiatives on maritime security and energy
Economy|Environment|Science|Travel|World

A year after glacier collapse, Blatten residents rebuild lives in Swiss Alps

Hotel Momentum stands above Switzerland's Loetschen Valley as a symbol of recovery, a year after a

A year after glacier collapse, Blatten residents rebuild lives in Swiss Alps
Business|Economy|Europe|Finance|Stock Markets|World

UK shop price inflation picks up, retailers ask government to help

British shop price inflation sped up in May on the back of disruption and higher energy costs caused by the Iran war, according to a retail industry group which said the

UK shop price inflation picks up, retailers ask government to help
Business|Economy|Finance|Stock Markets|World

South Korea to step up monitoring of investments in overseas private debt

South Korea will step up monitoring investments by domestic pension funds and banks in overseas private debt, the country's financial watchdog said on Tuesday, as regulators

South Korea to step up monitoring of investments in overseas private debt
Business|Economy|Environment|World

A warning to critical minerals buyers: avoid butter mountains, aluminium floods

Western governments, currently ploughing tens of billions of dollars into critical minerals in an effort to break their reliance on China, could look to

A warning to critical minerals buyers: avoid butter mountains, aluminium floods
Asia|Business|Economy|Finance|Stock Markets|World

Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation

Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in three years, and

Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
Asia|Economy|Political|World

China says QUAD cooperation should not target third party

China on Tuesday reiterated its stance on the Australia-India-Japan-US Quad group, saying cooperation between countries should contribute to regional peace, stability and

China says QUAD cooperation should not target third party
Asia|Business|Economy|Finance|Technology

Samsung consumer electronics union asks court to block vote on pay deal

A Samsung Electronics' union

Samsung consumer electronics union asks court to block vote on pay deal
Business|Economy|Finance|Stock Markets|Technology

Exchange operator ASX sinks most in 26 years as tech revamp swells costs

Australian stock exchange operator ASX Ltd on Tuesday warned of a sharp rise in 2027 spending for technology upgrades and new product

Exchange operator ASX sinks most in 26 years as tech revamp swells costs
Asia|Business|Economy|Political|World

Australia-India-Japan-US Quad to build a port, unveil pact on critical minerals

The foreign ministers of Australia, India, Japan and the U.S. agreed to jointly build a port in Fiji and signed pacts

Australia-India-Japan-US Quad to build a port, unveil pact on critical minerals
Business|Economy|Europe|Finance|Political|World

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says

The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the conflict has been far longer

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says
Business|Economy|Finance|World

BOJ's new trend gauge shows inflation exceeding target

Japan's core inflation as measured by a new central bank gauge accelerated in April and blew past its 2% target, data showed on Tuesday, helping make the case

BOJ's new trend gauge shows inflation exceeding target
Business|Economy|World

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Business|Economy|Finance|World

Peace talks hit turbulence

A look at the day ahead in European and global markets from Rae Wee Oil prices climbed on Tuesday, after the U.S. military conducted strikes in southern Iran in what it described as defensive actions,

Peace talks hit turbulence
Business|Economy|World

China, Pakistan aim to revamp economic corridor, Gwadar port

China and Pakistan have reached a "new broad consensus" on deepening strategic ties to beef up development of a joint economic corridor and establish the

China, Pakistan aim to revamp economic corridor, Gwadar port
Business|Economy|Finance|Political|Stock Markets|US

Democrats feud over stock trading as they sharpen anti-corruption case against Trump

Democrats are increasingly critiquing each other over their personal stock trades as the party looks to hone its anti-corruption message against President Donald Trump in the midterm elections

Democrats feud over stock trading as they sharpen anti-corruption case against Trump
Asia|Business|Economy|Finance|Stock Markets|World

BOJ's Himino says Mideast developments will factor into rate decision

Bank of Japan Deputy Governor Ryozo Himino said the central bank will consider the timing and pace of interest rate hikes with an eye on the fallout from

BOJ's Himino says Mideast developments will factor into rate decision
Economy|MidEast|Political|World

US military says it carried out 'self-defense' strikes in Iran, including on missile launch sites

The U_S_ military said Monday that it carried out “self-defense” strikes in southern Iran, including on missile launch sites and boats placing mines, even as President Donald Trump said on social media that negotiations were “proceeding nicely.”

US military says it carried out 'self-defense' strikes in Iran, including on missile launch sites
Business|Economy|Finance|World

South Korea's central bank to hold key rate on May 28, hikes expected from Q3

South Korea's central bank will keep its key policy rate unchanged at a review on Thursday, according to economists in a Reuters poll, and a majority of

South Korea's central bank to hold key rate on May 28, hikes expected from Q3
Business|Economy|Political|World

Russia's Putin provides debt relief to new Ukraine war recruits and their families

Russian President Vladimir Putin has signed a decree providing debt relief to new Ukraine war recruits and their families, the Kremlin said late on Monday, adding to support tools

Russia's Putin provides debt relief to new Ukraine war recruits and their families
Business|Economy|Finance|Stock Markets|Technology

SpaceX debut draws a crowd, but few recent hot IPOs outpace the market

Wall Street is abuzz with next month's expected blockbuster debut of Elon Musk's rocket and satellite maker ​SpaceX, but few of the biggest IPOs in recent years

SpaceX debut draws a crowd, but few recent hot IPOs outpace the market
Business|Economy|Technology|World

Samsung's non-chip union files injunction in bid to stop vote on bonuses, media reports

A Samsung Electronics' union representing workers in non-semiconductor divisions has filed an injunction with a South Korean court in a bid to stop an ongoing vote by workers

Samsung's non-chip union files injunction in bid to stop vote on bonuses, media reports
Business|Economy|Finance|Stock Markets|World

Japan slips to third-largest creditor behind China despite record net external assets

Japan fell behind China to rank as the world's third-largest net creditor in 2025, marking a further decline in global rankings despite its net external

Japan slips to third-largest creditor behind China despite record net external assets
Business|Economy|Political|World

US launches fresh strikes on Iran as talks to end war proceed

U.S. forces on Monday conducted strikes in southern Iran against targets including boats attempting to lay mines and missile

US launches fresh strikes on Iran as talks to end war proceed
Asia|Business|Economy|Political|World

India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist

India's trade minister says that Canadian Prime Minister Mark Carney’s recent visit to India has helped pave the way for a complete reset of Canada-India relations

India's trade minister says visit by Canada's Carney reset ties after 2023 killing of Sikh activist
Economy|Environment|Health|Science|US|World

Atlanta metro downpour leads to massive fish kill on the Chattahoochee River

Atlanta metro downpour leads to massive fish kill on the Chattahoochee River

Atlanta metro downpour leads to massive fish kill on the Chattahoochee River
Africa|Business|Economy|Political|World

Senegal's Faye names economist Lo as new prime minister

Senegal President Bassirou Diomaye Faye named a seasoned economist as prime minister on Monday, three days after dismissing

Senegal's Faye names economist Lo as new prime minister
Business|Economy|Environment|Political|World

Carney says Alberta vote on separation could become 'dangerous bluff'

Canadian Prime Minister Mark Carney said on Monday that Alberta's planned vote on potentially breaking away from the rest of Canada, while not binding,

Carney says Alberta vote on separation could become 'dangerous bluff'
Business|Economy|Finance|Political|Stock Markets|World

Stocks jump while oil and dollar ease on Iran peace hopes

Stocks surged and the U.S. dollar and oil prices slid on Monday as the prospect of a deal to end the Iran war buoyed risk

Stocks jump while oil and dollar ease on Iran peace hopes
Business|Economy|Finance|Political|World

Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source

The U.S. and Iran are discussing a plan to open the Strait of Hormuz about 30 days after the two countries reach a deal to end hostilities, the Nikkei newspaper reported on Monday

Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source
Business|Economy|World

Oil tumbles nearly 7% as US and Iran seen moving closer to deal

Oil prices fell nearly 7% on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of

Oil tumbles nearly 7% as US and Iran seen moving closer to deal
Business|Economy|Education|Environment|Political|Science|Technology|World

Pope calls for robust regulation of AI in manifesto that ponders the future of humanity

Pope Leo XIV has called for robust regulation of artificial intelligence and for its developers to work for the common good rather than profit

Pope calls for robust regulation of AI in manifesto that ponders the future of humanity
Business|Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle|Political|Sports|World

Korean War veteran laid to rest in Pittsburgh 76 years after his death

Korean War veteran laid to rest in Pittsburgh 76 years after his death

Korean War veteran laid to rest in Pittsburgh 76 years after his death
Arts|Business|Economy|Entertainment|Food|Lifestyle

Cat café says delivery mix-up led to $2,600 in lost donations

Cat café says delivery mix-up led to $2,600 in lost donations

Cat café says delivery mix-up led to $2,600 in lost donations
Crime|Economy|Finance|Political|US

Man says he tried to return a $20,000 IRS error — then got charged interest

Man says he tried to return a $20,000 IRS error — then got charged interest

Man says he tried to return a $20,000 IRS error — then got charged interest
Business|Economy|World

Nigeria economic growth slows slightly in first quarter

Nigeria's economy grew 3.89% year-on-year in the first quarter of 2026, down slightly from the final quarter of last year's 4.07% growth rate, official data showed on Monday.

Nigeria economic growth slows slightly in first quarter
Business|Economy|Technology|World

Target pushes deeper AI adoption, reviews usage‑based pricing, India head says

Target is moving from "using AI to running on AI," but a shift in the pricing of the technology by its providers is prompting

Target pushes deeper AI adoption, reviews usage‑based pricing, India head says
Africa|Economy|Environment|Food|World

Iran war poses new threat to harvests in hunger-stricken Sudan

Farmers across Sudan say the hike in global fuel and fertilizer costs resulting from the Iran conflict will

Iran war poses new threat to harvests in hunger-stricken Sudan
Business|Crime|Economy|Environment|Europe|World

Russia says magnetic mines found on tanker at Ust-Luga port

Several magnetic mines had been detected on a tanker in Russia's Baltic Sea port of Ust-Luga, Russia's Investigative Committee said on Monday.

Russia says magnetic mines found on tanker at Ust-Luga port
Economy|Political|World

Bolivia president Paz cuts salary in half as protests grip country

Bolivian President Rodrigo Paz said on Monday he would cut his salary and those of his cabinet ministers in half amid a growing political crisis marked by protests and

Bolivia president Paz cuts salary in half as protests grip country
Business|Economy|Environment|Lifestyle|Technology

You’ve been trying to get around Amazon – but it’s not that easy

For shoppers tying to avoid Amazon, its expansion into shipping and logistics for thousands of companies makes that choice more difficult.

You’ve been trying to get around Amazon – but it’s not that easy
Business|Economy|Finance|Political|World

Trump and Warsh's fates are now tied, for better or worse

Former U.S.

Trump and Warsh's fates are now tied, for better or worse
Business|Economy|Science|Technology|World

Anthropic's Olah says AI must be guided from outside Big Tech

The co-founder of AI company Anthropic said on Monday that the development of artificial intelligence cannot be left solely to

Anthropic's Olah says AI must be guided from outside Big Tech
Business|Economy|Finance|World

Canada April wholesale trade most likely up 0.1% - Statscan flash estimate

Canadian wholesale trade most likely rose 0.1% in April from March, largely driven by higher sales in the building material and supplies subsector, Statistics Canada said in a flash

Canada April wholesale trade most likely up 0.1% - Statscan flash estimate
Asia|Business|Economy|World

Dollar drifts lower as oil falls on Hormuz deal optimism

The dollar dropped against major currencies on Monday as hopes of a deal to reopen the Strait of Hormuz pushed oil prices

Dollar drifts lower as oil falls on Hormuz deal optimism
Economy|Education|Political|Technology|World

Founder of viral Indian Gen Z account alleges crackdown, threats

New Delhi - A viral social media account focusing on the concerns of India’s Gen Z has come under attack, with its founder alleging hacking and

Founder of viral Indian Gen Z account alleges crackdown, threats
Economy|Political|World

Japan's Takaichi unveils $19 billion extra budget, reassures on bond issuance

Japan will build up an extra $19 billion in reserves to subsidise fuel costs and help tackle cost of living pressures, Prime Minister Sanae Takaichi said

Japan's Takaichi unveils $19 billion extra budget, reassures on bond issuance
Asia|Business|Economy|Political|World

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts

President Xi Jinping hailed China's "unbreakable" friendship with Pakistan on Monday as he met Prime Minister Shehbaz Sharif in Beijing, seeking

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts
Business|Economy|Entertainment|Food|Lifestyle

This drive-thru coffee chain is pushing into undercaffeinated parts of America

This drive-thru coffee chain is pushing into undercaffeinated parts of America

This drive-thru coffee chain is pushing into undercaffeinated parts of America
Economy|Environment|Science|World

Rising seas will swallow New Orleans. People need to start relocating now, scientists say

Rising seas will swallow New Orleans. People need to start relocating now, scientists say

Rising seas will swallow New Orleans. People need to start relocating now, scientists say
Business|Economy|Environment|World

India turns to Latin American, African oil after Hormuz disruption

Indian refiners turned to imports from Latin America and Africa after supplies from the Middle East were disrupted as the Israeli-U.S. war on Iran

India turns to Latin American, African oil after Hormuz disruption
Business|Economy|Finance|Stock Markets|World

Europe's STOXX 600 wipes out Iran war losses on peace deal hopes, AI optimism

Europe's STOXX 600 closed at its highest level in over two months, recovering all its losses since the start of the Middle East conflict,

Europe's STOXX 600 wipes out Iran war losses on peace deal hopes, AI optimism
Business|Economy|Finance|Stock Markets|Technology

Hedge fund tech positions hover near record highs, Goldman Sachs says

Technology stocks were a top pick for hedge funds last week, with speculators hoovering them up at the fastest pace in nearly three months, according to a

Hedge fund tech positions hover near record highs, Goldman Sachs says
Business|Economy|World

ADB to provide $5 billion to Bangladesh as economic pressures mount

The Asian Development Bank (ADB) will provide Bangladesh with $5 billion in support over the next five years, the lender said on Monday, as the country faces mounting

ADB to provide $5 billion to Bangladesh as economic pressures mount
Crime|Economy|Europe|Political|World

Greek police arrest 20 in Crete over suspected EU farm subsidies fraud

Greek police arrested 20 people on the island of Crete on Monday, saying they had dismantled a criminal gang suspected of defrauding the European Union of agricultural

Greek police arrest 20 in Crete over suspected EU farm subsidies fraud
Business|Economy|Finance|Stock Markets|Technology

Delivery Hero shares surge to 18-month high as Uber eyes takeover

Uber is weighing a raised takeover bid for rival Delivery Hero after its initial €33-per-share offer on Saturday was rebuffed, an FT report said, sending the German

Delivery Hero shares surge to 18-month high as Uber eyes takeover
Business|Economy|Food

Australia's Guzman y Gomez sued in US over alleged failure to notify staff of closure

A group of U.S. employees have sued Sydney-listed Guzman y Gomez in an Illinois court, alleging the Mexican-themed fast-food chain did not give prior notice to staff before closing

Australia's Guzman y Gomez sued in US over alleged failure to notify staff of closure
Business|Economy|Finance|Stock Markets|US|World

Global shares gain and oil prices fall after Trump says talks on ending the war are proceeding

Global shares are mostly higher and oil prices have dropped after U.S. President Donald Trump said talks on ending the war with Iran are progressing

Global shares gain and oil prices fall after Trump says talks on ending the war are proceeding
Asia|Business|Economy|Science|Technology

Huawei's 'chip queen' etches her name in China's tech folklore

When He Tingbo was put in charge of Huawei's chip development in 2003, the young engineer was handed an annual budget of $400

Huawei's 'chip queen' etches her name in China's tech folklore
Business|Economy|Finance|World

Singapore core inflation at 1.4% on year in April, lower than expected

Singapore's key consumer price gauge rose 1.4% in April from a year earlier, official data showed on Monday, below economists' expectations.  

Singapore core inflation at 1.4% on year in April, lower than expected
Asia|Business|Economy|Environment|Political|World

Global tensions set to stalk Singapore's flagship defence summit

War in Iran, strained U.S. commitments in Asia and rising tensions over

Global tensions set to stalk Singapore's flagship defence summit
Asia|Business|Economy|World

Toshifumi Suzuki, the Japanese behind the 'conbini' empire, has died. He was 93.

Toshifumi Suzuki, the Japanese businessman credited with creating the 7-Eleven convenience-chain global retail empire, has died

Toshifumi Suzuki, the Japanese behind the 'conbini' empire, has died. He was 93.
Arts|Business|Economy|Entertainment|Finance|World

Trump call would be positive, no planning talks have taken place, Taiwan says

A call between the U.S. and Taiwanese leaders would be a positive thing but it is up to President Donald Trump to take the initiative and the two sides have not had any

Trump call would be positive, no planning talks have taken place, Taiwan says
Asia|Business|Economy|Health|Technology

Jardine Matheson to buy Australia's I-MED at $2.4 billion enterprise value in healthcare push 

Jardine Matheson said on Monday it has agreed to buy Australian medical imaging provider I-MED Radiology Network for a total enterprise

Jardine Matheson to buy Australia's I-MED at $2.4 billion enterprise value in healthcare push 
Crime|Economy|MidEast|Political|World

Pakistan Shi'ites deported from UAE return to lost jobs, frozen savings

In a cluster of villages in Pakistan's largely rural Chakwal district, more than 100 Shi'ite Muslims have returned from the

Pakistan Shi'ites deported from UAE return to lost jobs, frozen savings
Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|World

Will they or won't they?

A look at the day ahead in European and global markets from Ankur Banerjee The ever-inching prospect of a deal to end the Iran war and open the Strait of Hormuz paved the way for investors to put on

Will they or won't they?
Business|Economy|World

New Zealand tightens English standards, widens philanthropy options for visas

New Zealand will tighten English language rules for mid-skilled work visa applicants while expanding philanthropy options for investor migrants, Immigration Minister

New Zealand tightens English standards, widens philanthropy options for visas
Business|Economy|Finance|Stock Markets|World

Singapore economy beats expectations in Q1 with 6% annual growth, risks ahead

Singapore's economy grew a greater than expected 6.0% in the first quarter of 2026 from a year earlier, data showed on Monday, but officials said the

Singapore economy beats expectations in Q1 with 6% annual growth, risks ahead
Economy|Political|World

Trump says there is no rush for Iran deal, US blockade stays

U.S.

Trump says there is no rush for Iran deal, US blockade stays
Economy|Political|World

Trump says not to rush as details emerge of a potential Iran deal

Regional officials say the United States is close to a deal with Iran to end the war and reopen the Strait of Hormuz

Trump says not to rush as details emerge of a potential Iran deal