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Today: June 08, 2026
Today: June 08, 2026

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IMF financial stability chief Adrian to step down August 31

The International Monetary Fund said on Monday that Tobias Adrian, who led the IMF's Monetary and Capital Markets Department through numerous shocks including COVID-19, subsequent inflation, tariff turmoil and conflicts in Ukraine and Iran, will step down effective August 31.Adrian, a German-U.S. dual national who led the IMF's Global Financial Stability Report assessing macro-financial risks, had previously held several senior positions at the Federal Reserve Bank of New York."The Fund’s membership has benefited greatly from Tobias' leadership and his ability to translate complex analysis
IMF financial stability chief Adrian to step down August 31
Business|Economy|Finance|Stock Markets|World

Mexico inflation likely slowed again in May, still above cenbank target

Mexico's annual inflation likely slowed in May, a Reuters poll showed on Monday, reinforcing expectations that the central bank will maintain its interest rate at current levels for an extended period.• The median estimate from 15 analysts projected annual headline inflation falling to 4.03% from 4.45% in April.• If confirmed, the reading would mark a second consecutive month of decline, though it remains above the central bank's target of 3%, plus or minus one percentage point.• On a monthly basis, headline consumer prices are estimated to have fallen 0.12%, driven primarily by seasona
Mexico inflation likely slowed again in May, still above cenbank target
Business|Crime|Economy|World

A watchdog report flags security risks in the IRS-ICE taxpayer data-sharing deal

A new Treasury inspector general report raises concerns about Immigration and Customs Enforcement's ability to safeguard taxpayer information, after ICE and the IRS agreed in 2025 to share taxpayer data for the purpose of immigration investigations. The recently released report provides the first official accounting of the scale of the IRS-ICE information transfer and documents security concerns surrounding an arrangement that has been the subject of multiple lawsuits and significant controversy inside both agencies. Also known as TIGTA, Treasury’s inspector gen
A watchdog report flags security risks in the IRS-ICE taxpayer data-sharing deal

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MidEast|Political|US|World

Trump says Israel and Iran 'looking to do an immediate ceasefire'

U.S. President Donald Trump said on Monday that both Israel and Iran are looking to "do an immediate ceasefire", and that final negotiations on "peace" are proceeding. "Both sides, Israel and Iran, are looking to do an immediate CEASEFIRE! Final negotiations on “Peace” are proceeding, subject to ignorance or stupidity getting in its way. The Blockade will remain in place, and in full force and effect, until a “Final Deal” is reached. Things should move quickly", Trump said in a post on Truth Social.  (Reporting by Chandni Shah in Bengaluru, Editing by Louise Heavens)
Trump says Israel and Iran 'looking to do an immediate ceasefire'
Business|Economy|Finance|Stock Markets|US|World

AI stocks recover some of last week's sell-off, while oil prices come off their overnight highs

Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back on Monday. Oil prices, meanwhile, are higher following fighting between Israel and Iran, but they have come off their peaks from overnight. The S&P 500 rose 0.7%, coming off a drop of 2.6% from Friday that was its worst since October. The Dow Jones Industrial Average was up 50 points, or 0.1%, as of 12:01 p.m. Eastern time, and the Nasdaq composite was 1.4% higher. Some of the best performers were companies that sell computer chips, me
Crime|Sports|US|World

6 wounded in stabbing at New York’s Penn Station ahead of NBA finals

Six people were injured in a stabbing at New York’s Penn Station Sunday evening, raising security concerns a day before the city is set to host the NBA Finals – with President Donald Trump in attendance.The attack comes amid heightened security around Madison Square Garden, which lies directly above the busy intercity railroad station, where the New York Knicks are hosting the San Antonio Spurs for Games 3 and 4 on Monday and Wednesday.The New York City Fire Department said it received a call around 7 p.m. reporting multiple people stabbed at West 33rd Street and 7th Avenue, one entrance t
6 wounded in stabbing at New York’s Penn Station ahead of NBA finals
Business|Election|Entertainment|Lifestyle|Political|US

Nithya Raman and Spencer Pratt locked in tight race to make runoff for Los Angeles mayor

Days after California’s primary, Nithya Raman and Spencer Pratt are still waiting to see who makes the November runoff for Los Angeles mayor against incumbent Karen Bass. The race was still too early to call on Sunday as the vote tally showed Raman moving into second place behind Bass for the first time since Tuesday, when voting ended and the count began. That puts Raman, a progressive city council member, ahead of Pratt, a former reality television personality from “The Hills.” Raman had been running in third, but she has gained more votes than Pratt with

World News

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Arts|Entertainment|Lifestyle|Sports|World

The Beautiful Game is coming to North America and the World Cup is just 3 days away

Note: This is story first appeared in The Beautiful Game by CNN Sports, our daily newsletter on all things World Cup. To subscribe, click here.It’s almost here. After years of talk, preparation and anticipation, the 2026 World Cup is now just right around the corner.On Thursday, the first of 104 matches will kick off in Mexico City. Then, on July 19, we’ll have a winner. What happens in between, no one knows and that’s what makes the World Cup the best sporting spectacle on the planet.Our newsletter will be your one-stop shop for everything you need to know about the day ahead, so let’
The Beautiful Game is coming to North America and the World Cup is just 3 days away
Crime|World

Justice Department moves to strip citizenship from 17 people in unprecedented denaturalization push

The Justice Department announced Monday that it will move to revoke citizenship from 17 people nationwide, marking the latest move in the Trump administration’s unprecedented push to target naturalized citizens.Since President Donald Trump returned to office, his administration has doubled down on its denaturalization campaign, targeting foreign-born American citizens whom it accuses of fraudulently obtaining US citizenship.Officials say that some of the people targeted in the latest effort are accused of committing fraud and sexual abuse of a minor.Denaturalization – the process of revoki
Africa|Americas|Asia|Europe|MidEast|Political|World

Pope Leo calls war a ‘painful defeat’ of negotiations as Israel and Iran trade worst strikes in months

Pope Leo XIV has described war as a “painful defeat” of negotiations while lamenting that violence and polarization has plunged the world into a “profound” crisis during a historic, peace-focused speech at the Spanish parliament Monday.Leo XIV’s address to politicians in the Cortes Generales, the first by a pontiff, stressed that “peace demands diplomatic courage, ethical responsibility” and for countries to resolve disputes through international law.His remarks come as Israel and Iran trade strikes in the worst escalation of the war since the April truce and on a day when the po
Pope Leo calls war a ‘painful defeat’ of negotiations as Israel and Iran trade worst strikes in months
Entertainment|Lifestyle|Sports|Travel|World

Knicks fans know they’re seeing something special. They’re flying from around the world to NYC to be a part of it

Dan Klein went to bed at 9 p.m. and awoke at 1 a.m. local time in London. The 37-year-old wanted to watch Game 4 of the Eastern Conference Finals live, albeit alone and 3,400 miles away from a city celebrating the New York Knicks’ return to the Finals for the first time this century.At least this way, he could talk to friends and family in real time.“You feel the excitement, even through the text, of everyone’s watching the same thing and going crazy,” he told CNN Sports.It validated something he had been thinking as the Knicks made their incredible run through the playoffs: He had to

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Business|Economy|Health|Sports|World

Why the World Cup is a ‘make or break’ moment for alcohol

Why the World Cup is a ‘make or break’ moment for alcohol
Business|Economy|Finance|World

Dollar falls from highs after Iran halts Israel strikes; yen clings to 160/$

The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks on Israel had ended.

Economy|Political|World

Iran announces end to attacks on Israel after Trump says foes must 'stop shooting'

Iran's military announced on Monday that its first wave of attacks on Israel since a ceasefire in April was now

Business|MidEast|Political|World

The Latest: Israel and Iran trade fire in most serious confrontation since April ceasefire

The Latest: Israel and Iran trade fire in most serious confrontation since April ceasefire
Election|Europe|Political|World

Armenian Prime Minister Pashinyan claims victory in election seen as test of Russia's influence

Armenian Prime Minister Nikol Pashinyan has claimed victory in a general election seen as a test of Russia’s influence

Political|World

Iran blames US for latest exchanges of fire with Israel

Overnight exchanges of fire between Iran and Israel will only worsen an already "chaotic diplomatic process" with the United States, Iranian Foreign Ministry spokesperson

Africa|Americas|Asia|Europe|MidEast|Political|World

Pope Leo calls war a ‘painful defeat’ of negotiations as Israel and Iran trade worst strikes in months

Pope Leo calls war a ‘painful defeat’ of negotiations as Israel and Iran trade worst strikes in months
Asia|Economy|Political|World

China's Xi vows unwavering support for North Korea's Kim in rare Pyongyang visit

China will not swerve from its commitment to safeguarding common interests with North Korea or waver in its support for Kim Jong Un, President

Business|Economy|Technology

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Americas|Political|World

She was a first lady at 19. Now she’s making her fourth attempt to win Peru’s presidency

She was a first lady at 19. Now she’s making her fourth attempt to win Peru’s presidency

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools