U.S. World Business Lifestyle
Today: June 12, 2026
Today: June 12, 2026

Economy

Business|Economy|Europe|Finance|Stock Markets|World

Frasers Group launches €2 billion takeover offer for struggling Hugo Boss

Frasers Group, the retailer controlled by British billionaire Mike Ashley, launched a €2 billion ($2.31 billion) takeover offer for struggling

Frasers Group launches €2 billion takeover offer for struggling Hugo Boss
Business|Economy|Education|Political|World

States sue Trump administration over anti-DEI terms in federal contracts

Democratic state officials filed a lawsuit on Wednesday claiming federal agencies have flouted the law by hastily implementing President Donald Trump's executive

States sue Trump administration over anti-DEI terms in federal contracts
Americas|Crime|Economy|World

Nazi arsenal seized from Argentine vendor's home

Buenos Aires provincial police on Wednesday announced the seizure of Nazi uniforms, weapons, ammunition and accessories from the home

Nazi arsenal seized from Argentine vendor's home
Business|Economy|Finance|Technology|World

Trading Day: Sizzling AI now fizzling

Another heavy selloff in tech dragged U.S. and global stocks lower on Wednesday, and wider investor sentiment was rocked and oil prices rose

Trading Day: Sizzling AI now fizzling
Business|Economy|Political|Sports|World

Soccer-'Chill, Relax': Infantino defends FIFA over World Cup visa issues

"Chill, relax" was Gianni Infantino's message on Wednesday as the FIFA president sought to defuse concerns over visa issues

Soccer-'Chill, Relax': Infantino defends FIFA over World Cup visa issues
Business|Economy|Political|US|World

Trump says US might not renew North America trade deal

President Donald Trump said on Wednesday that the U.S. might not renew its free trade agreement with Canada and Mexico and criticized trade deficits

Trump says US might not renew North America trade deal
Business|Economy|Science|Technology

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'

Prominent short seller Jim Chanos took aim at the highly anticipated IPO of SpaceX, warning the Elon Musk-led space company's offering is fueled by

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'
Business|Economy|Entertainment|Technology

Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports

Microsoft's Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported on Wednesday.

Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports
Asia|Business|Economy|Finance|Stock Markets|World

Equities drop, oil rallies with Iran-US tensions and high inflation in focus

MSCI's global equities index fell 1.5% on Wednesday after

Equities drop, oil rallies with Iran-US tensions and high inflation in focus
Business|Crime|Economy|Finance|Political|US

US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties

U.S.

US lawmakers raise concern over Goldman's move to keep top lawyer as adviser despite Epstein ties
Business|Economy|Finance|Technology

Oracle's AI spending blows past estimates, raising worries over growing debt

Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also

Oracle's AI spending blows past estimates, raising worries over growing debt
Business|Economy|Technology|World

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers

Chinese propagandists have been trying to use OpenAI's flagship chat to gin up opposition to Donald Trump's tariffs and intervene in American debates over data centers

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers
Business|Economy|Election|Finance|Political|Stock Markets|US

Trump has a new, surprising take on the higher cost of living: 'I love the inflation'

President Donald Trump has a surprising take on a new report that shows inflation spiking to its highest level in three years

Trump has a new, surprising take on the higher cost of living: 'I love the inflation'
Economy|Political|Sports|Travel|World

Celebrations clash with social tensions in Mexico on the eve of the World Cup

Mexico City welcomes the world with the opening ceremonies of the FIFA World Cup on Thursday, but social tensions are rising

Celebrations clash with social tensions in Mexico on the eve of the World Cup
Business|Economy|Political|World

Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon ties

Saudi Arabia has ended its five-year ban on Lebanese imports, a significant move to rebuild relations between Lebanon and Gulf countries

Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon ties
Business|Economy|Science|Technology

Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions

Anthropic has joined calls for the AI industry to find ways to cushion people from AI's disruptions to the workforce

Anthropic pledges $200 million to research AI's economic impact as CEO suggests job loss solutions
Business|Economy|Environment|Science|Travel

South Florida beachgoers annoyed by smelly "tsunami" of seaweed. Cities try to rake it, but it keeps coming back

South Florida beachgoers annoyed by smelly "tsunami" of seaweed. Cities try to rake it, but it keeps coming back

South Florida beachgoers annoyed by smelly "tsunami" of seaweed. Cities try to rake it, but it keeps coming back
Business|Crime|Economy|Finance|Stock Markets|US

JPMorgan, Barclays, Fifth Third defeat lawsuit over missed 'red flags' at Tricolor

JPMorgan Chase, Barclays and Fifth Third won the dismissal of a lawsuit by investors who said the banks missed "giant red flags" at the now-bankrupt

JPMorgan, Barclays, Fifth Third defeat lawsuit over missed 'red flags' at Tricolor
Business|Economy|Political|World

White House to meet defense firms to talk about ramping up production, sources say

The Trump administration plans to meet executives from the biggest U.S. defense contractors at the White House as soon as next week to discuss

White House to meet defense firms to talk about ramping up production, sources say
Business|Economy|Political|US

Trump picks Capital One's Brian Johnson to head US consumer finance watchdog

President Donald Trump on Wednesday nominated former financial regulator Brian Johnson to lead the federal government's top watchdog for consumer financial protection,

Trump picks Capital One's Brian Johnson to head US consumer finance watchdog
Business|Economy|Science|Technology|World

Anthropic urges US not to block state AI laws without setting federal standards

Anthropic called on the U.S.

Anthropic urges US not to block state AI laws without setting federal standards
Business|Economy|Stock Markets|World

Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago

Another sell-off for artificial-intelligence stocks dragged the U.S. market sharply lower

Another sell-off for AI stocks knocks Wall Street back to where it was 5 weeks ago
Business|Economy|World

US Justice Department subpoenas major banks over alleged 'debanking,' source says

The U.S.

US Justice Department subpoenas major banks over alleged 'debanking,' source says
Business|Economy|Environment|Health|World

US announces additional $20 million for Ebola response

The U.S.

US announces additional $20 million for Ebola response
Business|Economy|Technology|World

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines and with renewed tensions

Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Business|Economy|Political|World

US May budget deficit shrinks but customs collections turn negative due to tariff refunds

The U.S. budget deficit for May fell $23 billion or 7% to $293 billion due largely to prior-year calendar shifts in benefit payments as both outlays and

US May budget deficit shrinks but customs collections turn negative due to tariff refunds
Business|Crime|Economy|Technology|World

Shareholder challenge to Thomson Reuters over ICE contracts wins only slim support

A shareholder resolution calling on content and technology company Thomson Reuters to review the human rights implications of its work with U.S. immigration

Shareholder challenge to Thomson Reuters over ICE contracts wins only slim support
Business|Economy|World

Bank of Mexico says financial system remains solid, warns of geopolitical risk

Mexico's financial system remains solid and can handle adverse situations, the central bank said on Wednesday, while

Bank of Mexico says financial system remains solid, warns of geopolitical risk
Business|Economy|Finance|Technology|Travel

Navan lifts annual forecasts as corporate demand holds firm, shares rise

Navan raised its full-year forecasts for revenue and operating income on Wednesday, citing resilient business travel demand and growth in its enterprise customer base, sending

Navan lifts annual forecasts as corporate demand holds firm, shares rise
Business|Crime|Economy|Environment|Science|Technology|US

FBI seizing evidence at California plant where chemical tank overheated and forced evacuations

Federal authorities served a search warrant on Wednesday at a Southern California aerospace facility where a chemical tank overheated last month, forcing 50,000 residents to evacuate because authorities feared an explosion

FBI seizing evidence at California plant where chemical tank overheated and forced evacuations
Economy|Election|Political|US

Collins isn’t Trump’s ‘best friend’ but he’s on her side in Maine Senate matchup with Platner

Maine's Susan Collins often boosts her popularity by keeping her distance from President Donald Trump

Collins isn’t Trump’s ‘best friend’ but he’s on her side in Maine Senate matchup with Platner
Economy|Opinion|Sports|World

Seat the rich! World Cup ticket inflation reflects widening gap between haves and have-nots

The wild swings of dynamic pricing, ongoing accusations of FIFA corruption and questions of host-nation probity have created a huge backlash.

Seat the rich! World Cup ticket inflation reflects widening gap between haves and have-nots
Business|Economy|Europe|Technology

Taiwan-listed Ennoconn offers to buy Austria's Kontron in $1.7 billion deal

Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders.

Taiwan-listed Ennoconn offers to buy Austria's Kontron in $1.7 billion deal
Economy|Election|Finance|Political|Stock Markets|US|World

'I love the inflation,' Trump says as prices rise amid Iran war

President Donald Trump on Wednesday appeared to embrace data showing inflation has risen more than 4%, telling reporters that he "loved"

'I love the inflation,' Trump says as prices rise amid Iran war
Business|Economy|Science|Technology|World

AI boom sparks rally, frenzy and fear

An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech,

AI boom sparks rally, frenzy and fear
Business|Economy|Finance|Stock Markets|US

Insurers need private credit, regulation is welcome, Ares CEO says

Private credit helps insurance companies generate the money they need to make payments, and increased attention from regulators will ultimately help the

Insurers need private credit, regulation is welcome, Ares CEO says
Business|Economy|Finance|Stock Markets|US

Most withdrawals from Ares private credit fund came from outside US, CEO says

Most of the requests to withdraw money from a private credit fund for the wealthy run by alternative asset manager Ares came from outside the United States

Most withdrawals from Ares private credit fund came from outside US, CEO says
Business|Economy|Political|World

Trump says US will attack Iran 'very hard' and has taken oil through Hormuz

U.S.

Trump says US will attack Iran 'very hard' and has taken oil through Hormuz
Business|Economy|Environment|Technology

GM may ditch LFP batteries for future EVs

General Motors may scrap plans to use a lower-cost, iron-based battery chemistry that many automakers are using to cut electric-vehicle

GM may ditch LFP batteries for future EVs
Business|Economy|Finance|Stock Markets|Technology

ERock valued at $5.5 billion as energy firm's shares fall in NYSE debut

Gas generator maker ERock's shares fell 6.5% in their New York Stock Exchange debut on Wednesday as investors remained selective toward new

ERock valued at $5.5 billion as energy firm's shares fall in NYSE debut
Business|Economy|Technology

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users

Visa is embedding its payment network into ChatGPT, allowing the chatbot to shop and complete transactions for users

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users
Business|Economy|Technology

More than 200 Iowa state IT workers laid off as Reynolds administration outsources technology operations

More than 200 Iowa state IT workers laid off as Reynolds administration outsources technology operations

More than 200 Iowa state IT workers laid off as Reynolds administration outsources technology operations
Business|Economy|Health|Science

New World Screwworm raises concern for cattle industry, consumer prices in New Mexico

New World Screwworm raises concern for cattle industry, consumer prices in New Mexico

New World Screwworm raises concern for cattle industry, consumer prices in New Mexico
Business|Economy|Environment|Political|Technology

Nashville residents rally against data centers while Metro Council weighs a moratorium

Nashville residents rally against data centers while Metro Council weighs a moratorium

Nashville residents rally against data centers while Metro Council weighs a moratorium
Economy|Education|Environment|Science|World

Climate change makes once-rare coastal floods more likely, study says

New research shows that extreme floods in coastal areas are becoming more common as climate change causes sea levels to rise

Climate change makes once-rare coastal floods more likely, study says
Asia|Crime|Economy|World

Six men found dead after abduction in India's Manipur, police says

Six men from the Naga community in India's northeastern Manipur state have died after they were believed to have been taken hostage by an armed group nearly a

Six men found dead after abduction in India's Manipur, police says
Americas|Business|Economy|Election|Finance|Political|Stock Markets|World

Count slows in Peru as presidency likely hinges on contested votes

The count to determine Peru's next president slowed and narrowed again as it entered its fourth day on Wednesday with the race still up

Count slows in Peru as presidency likely hinges on contested votes
Business|Economy|Finance|Political|Stock Markets|US|World

Oil prices jump after Trump threatens to hit Iran 'very hard'

Oil prices rose nearly $3 a barrel on Wednesday after President Donald Trump said the U.S. is going to attack Iran "very hard" if no peace deal is

Oil prices jump after Trump threatens to hit Iran 'very hard'
Business|Economy|Finance|Stock Markets|US

US households, businesses stung by higher energy prices that have pushed inflation above 4%

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

US households, businesses stung by higher energy prices that have pushed inflation above 4%
Business|Economy|Finance|Political|Stock Markets|World

Wall Street indexes fall more than 1%, hit by tech, Iran war worries

The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines and with renewed tensions

Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Business|Economy|Technology

Trump says he thinks AI companies will agree to 'giving back' to the public

U.S.

Trump says he thinks AI companies will agree to 'giving back' to the public
Economy|Science|Technology|World

US shortens cyber fix window to three days as AI threats rise

The U.S. cyber defense agency said on Wednesday that government officials now have three days to deal with the most serious categories of digital

US shortens cyber fix window to three days as AI threats rise
Business|Economy|Education|Election|Environment|Political|World

Colombia leftist Cepeda will accept election result, does not rule out protests

Colombian leftist presidential hopeful Ivan Cepeda told Reuters he will recognize the results of a runoff vote this month even if

Colombia leftist Cepeda will accept election result, does not rule out protests
Business|Economy|Technology|World

EU and South Korea deepen ties with digital pact to bolster trade

The European Union and South Korea signed a digital trade agreement on Wednesday designed to make digital transactions easier and further cement

EU and South Korea deepen ties with digital pact to bolster trade
Business|Economy|Finance|Political|Sports|Stock Markets|US|World

US derivatives regulator maps out rules for soaring prediction market industry

The top U.S. derivatives regulator on Wednesday released new draft regulations governing the burgeoning prediction markets industry, seeking to cement federal

US derivatives regulator maps out rules for soaring prediction market industry
Business|Economy|Finance|Political|World

Russian government wins right to change debt, spending plans with no public hearings

MOSCOW, June 10 - Russia's parliament on Wednesday voted in favour of a law that enables the government to increase spending and debt without the lengthy process of amending the budget law, which in

Russian government wins right to change debt, spending plans with no public hearings
Business|Economy|Environment|Technology

Qcells starts cell production at Georgia factory in milestone for US solar

Qcells, the U.S. solar arm of Korea's Hanwha, has started making solar cells at its Cartersville, Georgia factory, the company said on Tuesday, a milestone for the United States'

Qcells starts cell production at Georgia factory in milestone for US solar
Business|Economy|Election|Finance|Political|Stock Markets|US|World

Senate Democrats say they have been snubbed on election security briefings

Democrats in the U.S.

Senate Democrats say they have been snubbed on election security briefings
Business|Economy|Europe|Health|World

Italy fines Philip Morris €7 million over 'smoke-free' marketing claims

Italy's competition authority on Wednesday slapped a €7 million ($8.1 million) fine on Philip Morris' Italian unit over allegedly misleading marketing for non-combustion

Italy fines Philip Morris €7 million over 'smoke-free' marketing claims
Business|Economy|Finance|Stock Markets|Technology

OpenAI expects to go public 'within the next year,' the Information reports

OpenAI CEO Sam Altman told staff in a message earlier this week that he expected the AI startup to go public "within the next year," The Information reported on Wednesday.

OpenAI expects to go public 'within the next year,' the Information reports
Business|Economy|Political|US|World

With surveillance program at risk, Trump tries to end standoff over spy chief

U.S.

With surveillance program at risk, Trump tries to end standoff over spy chief
Business|Economy|Europe|Finance|Political|World

Putin signals key rate cuts as his central banker is on sick leave

Russian President Vladimir Putin told top officials on Wednesday that there are grounds to expect a cut in the central bank's key interest rate when it meets next week, and

Putin signals key rate cuts as his central banker is on sick leave
Business|Economy|Europe|Technology

BYD looking to take over existing factory for second European EV plant, executive says

Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with

BYD looking to take over existing factory for second European EV plant, executive says
Business|Economy|Europe|Finance|Political|Stock Markets|World

European shares steady as investors weigh US-Iran flare-up

Europe's STOXX 600 ended a choppy session little changed on Wednesday, as investors weighed a renewed flare-up in tensions

European shares steady as investors weigh US-Iran flare-up
Business|Economy|Science|Technology

ASML to cut fewer jobs after talks with Dutch unions

Chip-equipment maker ASML will cut fewer jobs than initially planned, Dutch unions said in a statement after talks with ASML.

ASML to cut fewer jobs after talks with Dutch unions
Business|Economy|Finance|Political|Stock Markets|US|World

US consumer inflation vaults above 4% as Iran war boosts energy prices

U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East

US consumer inflation vaults above 4% as Iran war boosts energy prices
Business|Economy|Environment|Science|Technology

Musk's xAI accused of illegally firing engineer who raised safety concerns

A former engineer at Elon Musk's xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising

Musk's xAI accused of illegally firing engineer who raised safety concerns
Business|Economy|Political|World

US hits China- and Hong Kong-based entities with sanctions over Iran weapons

The U.S. government on Wednesday said it was imposing sanctions against 11 people and entities, including several based in China and Hong Kong, for supporting weapons

US hits China- and Hong Kong-based entities with sanctions over Iran weapons
Economy|Political|US|World

Trump signs bill giving nearly $70B to his immigration enforcement agenda through end of his term

President Donald Trump's immigration and deportation agenda is getting a nearly $70 billion boost through the end of his term

Trump signs bill giving nearly $70B to his immigration enforcement agenda through end of his term
Business|Economy|Finance|Stock Markets|US

Cracker Barrel rallies on upbeat forecast as logo uproar subsides

Cracker Barrel Old Country Store shares rose nearly 30% on Wednesday after it reported a second straight quarter of surprise profit and lifted its annual targets, signaling that

Cracker Barrel rallies on upbeat forecast as logo uproar subsides
Business|Economy|US|World

Trump nominee to head Bureau of Labor Statistics does not believe data were faked

Brett Matsumoto, President Donald Trump's nominee to head the U.S.

Trump nominee to head Bureau of Labor Statistics does not believe data were faked
Business|Economy|Education|Entertainment|Environment|Finance|Health|Lifestyle|Technology|US

Honda America recalls more than 880,000 vehicles over rear suspension components failure

Honda Motor America has recalled 880,514 vehicles in the United States over the failure of rear suspension components in the vehicles, the National Highway Traffic Safety

Honda America recalls more than 880,000 vehicles over rear suspension components failure
Business|Economy|Europe|Technology|World

German air show opens under shadow of Iran war, fighter project collapse

Germany's ILA air show, among Europe's premier aerospace showcases, opened on Wednesday under the twin shadows of the Iran war and

German air show opens under shadow of Iran war, fighter project collapse
Americas|Economy|Political|World

Pentagon’s Hegseth warns Cuba that arms procurement could invite confrontation

U.S.

Pentagon’s Hegseth warns Cuba that arms procurement could invite confrontation
Business|Economy|Finance|Stock Markets|World

Bank of Canada holds rates, sees few signs energy prices broadly fueling inflation

The Bank of Canada on Wednesday left its key interest rate unchanged as expected and said it was seeing limited evidence that higher energy prices were

Bank of Canada holds rates, sees few signs energy prices broadly fueling inflation
Business|Economy|Finance|Stock Markets|Technology|World

World markets walk a tightrope between AI stocks and oil shocks

Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting growth or

World markets walk a tightrope between AI stocks and oil shocks
Business|Economy|Stock Markets|World

Wall St opens lower on tech losses, Middle East tensions

Wall Street's main indexes opened lower on Wednesday, as a selloff in technology stocks continued and renewed tensions between the U.S. and Iran overshadowed a tame May inflation

Wall St opens lower on tech losses, Middle East tensions
Business|Economy|Technology

Amazon secures $17.5 billion loan facility amid AI-driven capex ramp

Amazon.com has secured a $17.5 billion loan from lenders including Citibank, the tech giant said, as it ramps up spending on AI infrastructure.

Amazon secures $17.5 billion loan facility amid AI-driven capex ramp
Business|Economy|Environment|Technology|World

Novelis restarts production at New York plant key to Ford trucks

Novelis said on Wednesday it had restarted production at its Oswego, New York facility, a plant key to Ford's F-150 pickup truck line, months after two fires halted operations.

Novelis restarts production at New York plant key to Ford trucks
Business|Economy|Science|Technology

Why the blockbuster SpaceX IPO may spell more bad news for crypto

SpaceX's much-anticipated $75 billion initial public offering, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors

Why the blockbuster SpaceX IPO may spell more bad news for crypto
Americas|Asia|Business|Economy|Finance|World

Stocks weigh as foreign investors pull $27 billion out of emerging market portfolios in May

Foreign investors pulled nearly $27 billion net from emerging market portfolios in May, partially reversing a rebound in April as equity selling in Asia

Stocks weigh as foreign investors pull $27 billion out of emerging market portfolios in May
Business|Economy|Environment|World

OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows

OPEC oil output in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective

OPEC oil output lowest since at least 2000 as US blockade squeezes Iran, Reuters survey shows
Business|Economy|World

US business group says some critical minerals are 'nearly unobtainable' from China

U.S. access to critical minerals from China remains difficult due to export controls and licensing delays, a U.S. business lobby said on Wednesday,

US business group says some critical minerals are 'nearly unobtainable' from China
Business|Economy|Political|World

Brazil Senate committee backs central bank autonomy despite Lula resistance

A Brazilian Senate committee on Wednesday advanced a bill to grant the central bank financial autonomy, boosting its independence in a move opposed by

Brazil Senate committee backs central bank autonomy despite Lula resistance
Business|Economy|Finance|Stock Markets

Instant View: CPI rises at fastest rate in three years but meets market expectations

U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving

Instant View: CPI rises at fastest rate in three years but meets market expectations
Business|Economy|Finance|Stock Markets|US|World

Dollar slips as US inflation data keeps rate hike at bay

The dollar slipped on Wednesday after data showed U.S. consumer inflation rose to its highest level in three years in May, though the reading was in

Dollar slips as US inflation data keeps rate hike at bay
Business|Economy|Finance|Stock Markets|Technology

Franklin Templeton to participate in SpaceX IPO, CEO Johnson tells CNBC

Fund manager Franklin Resources, better known as Franklin Templeton, will participate in rocket maker SpaceX's blockbuster initial public offering this week, CEO Jenny Johnson told

Franklin Templeton to participate in SpaceX IPO, CEO Johnson tells CNBC
Business|Economy|Finance|World

US inflation tops 4% for first time in three years as oil prices jump

US inflation tops 4% for first time in three years as oil prices jump

US inflation tops 4% for first time in three years as oil prices jump
Economy|Education|Environment|Political

California spends less than 0.5% of its state-controlled funds on homelessness

California’s leaders have repeatedly promised to tackle homelessness. But they don’t consistently make it a high priority for using state funds, researchers found.

California spends less than 0.5% of its state-controlled funds on homelessness
Business|Economy|Finance

As renovation costs rise, are fixer-upper homes still worth it? Tell us what you think

As renovation costs rise, are fixer-upper homes still worth it? Tell us what you think

As renovation costs rise, are fixer-upper homes still worth it? Tell us what you think
Business|Economy|Europe|World

EU assembly will back US deal, but US commitment uncertain, says EU lawmaker

The European Union is set to fulfil its side of the EU-U.S. trade deal through a vote in parliament next week, a senior lawmaker said on Wednesday, while expressing

EU assembly will back US deal, but US commitment uncertain, says EU lawmaker
Business|Economy|Environment|Science|Technology

Life on the edge of Musk's Starbase brings fortunes and fractures

By David Jeans STARBASE, Texas, June 10 - The last time SpaceX launched a rocket in South Texas, charter boat captain Eddie Reyes was bobbing in a pontoon boat less than 2 miles from the pad with a

Life on the edge of Musk's Starbase brings fortunes and fractures
Business|Economy|Education|Science|Technology

Half of Americans fear AI could put someone in their household out of work, Reuters/Ipsos poll finds

Half of Americans fear that the rise of AI could put them or someone in their household out of work, according to a new Reuters/Ipsos

Half of Americans fear AI could put someone in their household out of work, Reuters/Ipsos poll finds
Business|Economy|Entertainment|Europe

Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14

Paramount Skydance Corp's $110 billion takeover of Warner Bros Discovery, backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny,

Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14
Business|Economy|Europe|Technology

Bosch on track to meet 2026 targets but wary of Middle East risks, CEO says

The world's top automotive supplier, Robert Bosch GmbH, is on track to meet its financial targets this year despite new challenges emerging, including possible supply chain

Bosch on track to meet 2026 targets but wary of Middle East risks, CEO says
Business|Economy|Environment|World

Ukraine will face summer power shortages after Russian attacks, think tank says

Ukraine, whose energy system has been under constant Russian attack, will face power shortages and consumer outages in the summer months despite imports and strong output

Ukraine will face summer power shortages after Russian attacks, think tank says
Business|Economy|Finance|Stock Markets|US

Wall St futures pare declines after May inflation data

U.S. stock index futures trimmed losses on Wednesday after May inflation data tempered some bets of further Federal Reserve's policy tightening.

Wall St futures pare declines after May inflation data
Business|Economy|Finance|Stock Markets|US|World

Traders keep bets on Fed rate hike by October

Traders of short-term U.S. interest rates edged away from bets that the Federal Reserve rate will deliver a rate hike as soon as September, but continued to show strong conviction

Traders keep bets on Fed rate hike by October
Arts|Business|Economy|Entertainment|Environment|Finance|Political|Science|Technology|World

Trump Media and TAE Technologies will not spin off Truth Social

Trump Media and Technology and TAE Technologies said on Wednesday that they had decided against spinning off Truth Social and certain other TMTG media assets into a new publicly

Trump Media and TAE Technologies will not spin off Truth Social
Business|Economy|Education|Environment|Health|Science

How cuts to CDC are dismantling its capacity to protect Americans’ health

In a survey of more than 600 CDC workers, 99% said the Trump administration’s cuts to the agency have made it less able to protect the public’s health.

How cuts to CDC are dismantling its capacity to protect Americans’ health
Economy|Sports|Travel|World

Haiti at the World Cup is more than an underdog tale – it is the story of global migration

For the first time since 1974, the Haitian men’s team has qualified for the World Cup. This is their story.

Haiti at the World Cup is more than an underdog tale – it is the story of global migration
Business|Economy|Finance|World

Visa, Mastercard $38 billion swipe fee settlement wins US judge's approval

A U.S. judge granted preliminary approval to Visa's and Mastercard's revised $38 billion settlement with merchants who accused the card networks of

Visa, Mastercard $38 billion swipe fee settlement wins US judge's approval
Business|Economy|Finance|Science|Stock Markets|Technology

Global watchdog calls for tighter controls on agentic AI in finance

Global regulators said increasingly autonomous forms of AI could amplify risks for the financial system and called for new controls as adoption accelerates. 

Global watchdog calls for tighter controls on agentic AI in finance
Business|Economy|Europe|World

Ukraine strikes key logistics in Russian-occupied south

Ukrainian forces struck the Russian-occupied port of Mariupol, Kyiv said on Wednesday, the latest in a series of drone attacks on logistics across a critical

Ukraine strikes key logistics in Russian-occupied south
Asia|Economy|Political|World

North Korea, China claim wins from Xi visit, but limits remain

North Korea and China both walked away claiming major wins from Chinese President Xi Jinping's visit this week to the isolated state, which

North Korea, China claim wins from Xi visit, but limits remain
Business|Economy|Finance|Stock Markets|World

The chips are blue

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The unnerving thing about Tuesday's relapse in U.S. tech stocks is

The chips are blue
Economy|Political|World

Russia praises Modi for lifting millions out of poverty during record rule

The Kremlin on Wednesday praised Narendra Modi for becoming India's longest-serving elected prime minister, saying that 250 million people had been pulled out of poverty

Russia praises Modi for lifting millions out of poverty during record rule
Business|Economy|Health|Science|Technology

Lilly stays ahead of the pack as rivals jump on obesity drug bandwagon

Eli Lilly has solidified its leading position in the booming market for obesity drugs ahead of a wave of possible new entrants to

Lilly stays ahead of the pack as rivals jump on obesity drug bandwagon
Business|Economy|Election|Finance|Political|World

Brazil's Lula widens lead over Flavio Bolsonaro ahead of presidential vote, poll shows

Brazilian President Luiz Inacio Lula da Silva has widened his lead over opposition Senator Flavio Bolsonaro in the run-up to this year’s presidential race, recovering

Brazil's Lula widens lead over Flavio Bolsonaro ahead of presidential vote, poll shows
Business|Economy|Finance|Stock Markets|World

Ares Management raises $8.5 billion for new fund, FT reports

Alternative asset manager Ares Management has raised $8.5 billion from institutional investors for its latest specialty credit fund, the Financial Times reported on Wednesday.

Ares Management raises $8.5 billion for new fund, FT reports
Business|Economy|Finance|Technology

LinkedIn launches new effort in push to capture business advertisers

LinkedIn is aiming to burnish its position as a go-to platform for business advertisers with a new team of marketing experts that it expects to generate an

LinkedIn launches new effort in push to capture business advertisers
Economy|Europe|Political|World

Only 11% of Europeans view US as ally, survey shows

Only 11% of Europeans across 15 countries view the United States as an ally, a historic low and down from 16% half a year ago and 22% in November 2024, according to a survey

Only 11% of Europeans view US as ally, survey shows
Business|Economy|Health|World

Bank of Japan governor Ueda hospitalised, will miss June meeting

Bank of Japan Governor Kazuo Ueda has been hospitalised for medical treatment and will miss the June 15 to 16 policy meeting, the central

Bank of Japan governor Ueda hospitalised, will miss June meeting
Economy|Environment|Health|World

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says
Economy|Europe|Political|Technology|World

Ukraine launches long-range strikes on military and energy sites in Russia

A series of long-range Ukrainian attacks hit targets deep inside Russia, part of Kyiv’s efforts to raise the costs of the war for the Kremlin by striking energy facilities and military industries

Ukraine launches long-range strikes on military and energy sites in Russia
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK's FTSE 100 rises as energy and consumer staples gain

UK's FTSE 100 closed higher on Wednesday with energy and consumer staples stocks providing a lift, though the index remained stuck near three-week lows as investors monitored a

UK's FTSE 100 rises as energy and consumer staples gain
Economy|Finance|Stock Markets|World

Indonesia swallows 'bitter pill' to stem market rout as policy tide turns

Indonesian policy changes in the last 24 hours show authorities are finally making some tough decisions to try to halt a

Indonesia swallows 'bitter pill' to stem market rout as policy tide turns
Business|Economy|Finance|Stock Markets|Technology

Global AI debt issuance to top $500 billion in 2026, Morgan Stanley says

Morgan Stanley forecasts AI-related global debt issuance to more than double to nearly $570 billion in 2026, pointing to rising bond supply and credit market activity as

Global AI debt issuance to top $500 billion in 2026, Morgan Stanley says
Business|Economy|Europe|Finance|Stock Markets|World

Germany risks recession as Iran energy shock hits growth, DIW economists say

Germany's economy is likely to slip into a technical recession this year as an energy price shock triggered by the war in Iran derails a fragile recovery, the DIW economic

Germany risks recession as Iran energy shock hits growth, DIW economists say
Business|Economy|Europe|World

Italy PM Meloni hails industrial output rise, analysts remain cautious

Italian industrial output unexpectedly rose in April from the previous month, data showed on Wednesday, posting a 0.5% increase that marked the third

Italy PM Meloni hails industrial output rise, analysts remain cautious
Business|Economy|Stock Markets|Technology

Gas generator maker ERock raises $600 million in US IPO

ERock raised $600 million in its U.S. initial public offering, the natural gas generator maker said late on Tuesday, becoming the latest company to debut amid a busy market for new

Gas generator maker ERock raises $600 million in US IPO
Asia|Business|Economy|Finance|Stock Markets|World

Foreign outflows from Asian equities surge on Middle East risks, tech rout

Asian equities are witnessing a surge in foreign outflows in June as escalating Middle East hostilities and a pullback in AI-linked technology stocks following underwhelming

Foreign outflows from Asian equities surge on Middle East risks, tech rout
Business|Crime|Economy|Education|Environment|Finance|Political|Stock Markets|World

Israel is tightening its grip on east Jerusalem with evictions and demolitions

For decades, Israel has worked to expand the Jewish presence in annexed east Jerusalem

Israel is tightening its grip on east Jerusalem with evictions and demolitions
Business|Economy|Environment|Europe|Travel|World

Fear of Ukrainian drones empties the guesthouses in Latvia's Land of Blue Lakes

At Birdwhistles Guesthouse, in a rustic two-storey wooden barn in the Latvian forest 50 km from the Russian border, all eight

Fear of Ukrainian drones empties the guesthouses in Latvia's Land of Blue Lakes
Business|Economy|Finance|World

India bond-tax moves to catalyse foreign debt inflows, bolster bid for global index inclusion

India's decision to exempt foreigners from taxes on government bonds and broaden access to the debt market is expected to make the

India bond-tax moves to catalyse foreign debt inflows, bolster bid for global index inclusion
Business|Economy|Finance|Stock Markets|World

Retail investors hit borrowing limits at South Korean brokerages, think tank says

Leveraged stock investments by South Korean retail investors have reached their limits set at local brokerage firms as the country's world-beating stock market rally

Retail investors hit borrowing limits at South Korean brokerages, think tank says
Economy|Europe|World

Macron to chair video call involving G7 and China over economic imbalances

French President Emmanuel Macron will chair a video conference on Thursday involving Group of Seven countries and China over how to address global economic imbalances, the

Macron to chair video call involving G7 and China over economic imbalances
Asia|Economy|Environment|Political|World

China, Taiwan spar over legality of coast guard patrols east of island

China and Taiwan sparred on Wednesday over the legality of Chinese coast guard patrols to the east of the island, after the government in Taipei said merchant ships

China, Taiwan spar over legality of coast guard patrols east of island
Business|Economy|Sports|World

Japan's Asics to spin off popular Onitsuka Tiger sneaker business

Japan's Asics on Wednesday said it will spin off its high-end Onitsuka Tiger business to speed up decision-making at a brand that has

Japan's Asics to spin off popular Onitsuka Tiger sneaker business
Business|Economy|Finance|Stock Markets|Technology

South Korea's SK Hynix eyes US listing as soon as August, sources say

SK Hynix plans to list its shares in the U.S. as soon as August, said two sources familiar with the matter, as the South

South Korea's SK Hynix eyes US listing as soon as August, sources say
Business|Economy|Europe|Technology|World

Truckmaker Volvo says demand is good in Europe, strong in North America 

Truckmaker Volvo Group said on Wednesday customer demand and deliveries in Europe are stable at good levels across the business in the second quarter while in

Truckmaker Volvo says demand is good in Europe, strong in North America 
Business|Economy|World

India's Modi, Trump likely to meet at G7, discuss trade, visas, source says

Indian Prime Minister Narendra Modi is likely to hold bilateral talks with U.S.

India's Modi, Trump likely to meet at G7, discuss trade, visas, source says
Economy|Environment|Health|World

Cuba's revolutionary generation pushed to breaking point by US blockade

When Sagrado Armando Garcia, an 85-year-old former government bureaucrat, collapsed in his home, his son couldn't get him to the hospital

Cuba's revolutionary generation pushed to breaking point by US blockade
Arts|Crime|Economy|Education|Entertainment|Environment|Finance|Videos

Aftershocks complicate Philippine recovery from quake that killed 45 and displaced thousands

Aftershocks are rocking the southern Philippines days after a powerful earthquake that left at least 45 people dead and 17 others missing

Aftershocks complicate Philippine recovery from quake that killed 45 and displaced thousands
Asia|Business|Crime|Economy|World

Hong Kong charges 7 people and 2 firms over deadly fire that killed 168

Hong Kong authorities have charged seven people and two companies with offenses including manslaughter and conspiracy to defraud over the city's deadliest fire in decades last November

Hong Kong charges 7 people and 2 firms over deadly fire that killed 168
Business|Economy|World

Higher gasoline prices likely pushed up US consumer inflation again in May

U.S. consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which

Higher gasoline prices likely pushed up US consumer inflation again in May
Business|Economy|Finance|Stock Markets|World

BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll

The Bank of Japan will raise its key interest rate this month and again in the fourth quarter, taking borrowing costs to 1.25% by year-end, as it grows

BOJ set to raise key rate to 1.0% in June, 1.25% by year-end: Reuters poll
Business|Economy|Science|Technology|World

China Inc deploys 'quiet' layoffs as Beijing promotes AI adoption

Liu, a Hangzhou-based contractor at a large Chinese internet firm, says her employer began quietly firing contractors in March after it ordered staff to use

China Inc deploys 'quiet' layoffs as Beijing promotes AI adoption
Business|Economy|Europe|Sports|World

German retailers expect only modest boost from World Cup

German retailers expect the soccer World Cup starting on June 11 to provide a modest boost to sales, though the impact will likely be limited to specific sectors because

German retailers expect only modest boost from World Cup
Business|Economy|Environment|Science|Travel|World

Pumice clogs island shores after Papua New Guinea eruption, stoking fears of food shortage

Thick rafts of volcanic

Pumice clogs island shores after Papua New Guinea eruption, stoking fears of food shortage
Business|Economy|Technology|World

South Korea has cleared SpaceX-IPO-linked dollar demand of around $1.5 billion, source says

The massive demand for foreign exchange conversions tied to SpaceX's IPO, which has weighed heavily on the South Korean won in recent weeks, has

South Korea has cleared SpaceX-IPO-linked dollar demand of around $1.5 billion, source says
Arts|Economy|Environment|Political|Technology

Nevada is set to have one of nation’s premier races for governor as Democrats seek to reclaim seat

Republican Nevada Gov. Joe Lombardo will face Democratic Attorney General Aaron Ford in a battle to hold onto his seat in November

Nevada is set to have one of nation’s premier races for governor as Democrats seek to reclaim seat
Business|Economy|Finance|World

Starbucks mulls options for Japan business, including stake sale, Bloomberg News reports

Starbucks is considering options for its Japanese business, including a stake sale that might be valued at 400 billion yen ($2.5 billion) to 500 billion yen, Bloomberg News reported

Starbucks mulls options for Japan business, including stake sale, Bloomberg News reports
Business|Economy|Technology|World

Meta deepens partnership with Ambani's Reliance with AI data centre

Meta Platforms will lease an AI-ready data centre to be built by billionaire Mukesh Ambani's Reliance Industries, the U.S. tech major said on Wednesday,

Meta deepens partnership with Ambani's Reliance with AI data centre
Business|Economy|Finance|Political|World

RBNZ's inflation focus tested as rate hikes risk stoking jobs crisis

New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting the government's inflation‑focused

RBNZ's inflation focus tested as rate hikes risk stoking jobs crisis
Business|Economy|Environment|Finance|World

Copper edges down as macro concerns weigh on tariff support

Copper edged lower on Wednesday morning, as volatility in the Middle East conflict and macroeconomic concerns offset continued price support from U.S. tariff

Copper edges down as macro concerns weigh on tariff support
Business|Economy|Finance|Stock Markets|World

Nervous but not yet panicking

A look at the day ahead in European and global markets from Ankur Banerjee Markets were nervous after the latest escalation in Middle East tensions but investors hope the new U.S. attacks on Iran

Nervous but not yet panicking
Arts|Business|Economy|Entertainment

Hollywood directors reach tentative 4-year deal with studios and streamers

Hollywood directors have reached a four-year tentative contract agreement with studios and streaming services

Hollywood directors reach tentative 4-year deal with studios and streamers
Business|Economy|Election|Finance|Political|Stock Markets|US

Republican Steve Hilton will face Democrat Xavier Becerra in California governor’s race

Republican Steve Hilton will face Democrat Xavier Becerra in California governor’s race

Republican Steve Hilton will face Democrat Xavier Becerra in California governor’s race
Business|Economy|Health|Sports

Law firms cheated in filing claims with NFL's $1 billion concussion settlement fund, report says

The court officials overseeing the NFL’s $1 billion-plus settlement fund for concussion-related injuries have barred five law firms from handling any more claims from former players, after finding that they fraudulently steered clients toward doctors willing to give them a Parkinson’s disease diagnosis whether they exhibited symptoms or not

Law firms cheated in filing claims with NFL's $1 billion concussion settlement fund, report says
Business|Economy|Environment|Science|Technology

Solar power hits new milestones in the US even as Trump boosts coal over clean energy

Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power

Solar power hits new milestones in the US even as Trump boosts coal over clean energy
Asia|Business|Economy|Finance|World

China's factory-gate inflation at nearly 4-year high in May

China's producer prices rose for a third straight month in May to the highest since July 2022, while consumer prices stayed elevated as global

China's factory-gate inflation at nearly 4-year high in May
Business|Economy|Technology|World

BYD chairman says firm will be world's biggest automaker in 5 years as shares slide

Wang Chuanfu, chairman of BYD, on Tuesday said he expected the Chinese firm to become the world's largest automaker within five years, as he sought to reassure investors

BYD chairman says firm will be world's biggest automaker in 5 years as shares slide
Asia|Business|Economy|Finance|Stock Markets|World

Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike

Japan's wholesale inflation accelerated in May at the fastest pace in three years as price pressures from the Middle East war broadened, adding to the case

Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
Business|Economy|Environment|Technology

OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports

OpenAI is in talks to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include financial backing from Nvidia, The Information reported

OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports
Business|Economy|Finance|Stock Markets|Technology|World

SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports 

SoftBank Group's talks with potential creditors to raise at least $6 billion from a margin loan backed by its OpenAI stake have stalled, Bloomberg News reported on Wednesday,

SoftBank's attempt to get $6 billion OpenAI margin loan stalls, Bloomberg News reports 
Australia|Business|Economy|Travel|World

Sydney's new international airport to welcome first passengers in October

Sydney's new A$5.6 billion ($3.6 billion) airport will open to passengers in October after more than a decade of planning, adding red-eye flight options from

Sydney's new international airport to welcome first passengers in October
Economy|Election|Finance|Political|US|World

House passes $70B bill to fund immigration enforcement for 3 years, sending to Trump

House Republicans have passed a nearly $70 billion bill to fund immigration enforcement agencies for the next three years and the rest of President Donald Trump's term in office

House passes $70B bill to fund immigration enforcement for 3 years, sending to Trump
Business|Economy|Education|Election|Environment|Finance|Political

Democrat Xavier Becerra and Republican Steve Hilton will face off in California governor’s race

The November race to determine California’s next governor will pit a Democrat promising to cement the state’s status as a stronghold of liberal policies against a Republican pledging to dramatically reverse course

Democrat Xavier Becerra and Republican Steve Hilton will face off in California governor’s race
Economy|Health|Political|World

US launches new strikes on Iran after helicopter downed

The United States launched strikes against Iran on Tuesday after President Donald Trump said Tehran had shot down

US launches new strikes on Iran after helicopter downed
Business|Economy|Finance|Political|Stock Markets|US|World

US House Speaker Johnson says Trump close to appointing permanent intelligence chief

U.S.

US House Speaker Johnson says Trump close to appointing permanent intelligence chief
Australia|Business|Economy|Travel

Qantas, low-cost arm Jetstar to launch services from new Western Sydney Airport

Qantas Airways said on Wednesday the Australian carrier and its low-cost arm Jetstar will launch commercial passenger services from the Western Sydney International Airport when it

Qantas, low-cost arm Jetstar to launch services from new Western Sydney Airport
Business|Economy|Environment|Science|Technology

GM to offer EV owners ability to sell power to US electricity grid

General Motors is releasing a software update that allows some U.S. electric-vehicle owners to pipe power back to the electric grid,

GM to offer EV owners ability to sell power to US electricity grid
Business|Economy|Finance|Science|Stock Markets|Technology

SpaceX aims to launch orbital AI computing tests by end of next year, sources say

SpaceX executives say the company is aiming to launch initial demonstrations of space-based artificial intelligence computing infrastructure by late 2027,

SpaceX aims to launch orbital AI computing tests by end of next year, sources say
Asia|Economy|Political|World

China's Xi says he reached important consensus with Kim in North Korea visit, KCNA reports

Chinese President Xi Jinping said he and North Korean leader Kim Jong Un reached an "important consensus" and agreed to safeguard regional and global peace, in a

China's Xi says he reached important consensus with Kim in North Korea visit, KCNA reports
Business|Economy|Election|World

Peru election remains on knife edge between Fujimori and Sanchez

Peru's roller coaster presidential election remains too close too call with conservative Keiko Fujimori losing some of her gains from

Peru election remains on knife edge between Fujimori and Sanchez
Business|Economy|Technology|World

Brazil regulator expects MAX 10 certification this year

Brazilian aviation regulator ANAC expects its U.S. counterpart, the Federal Aviation Administration, to certify the Boeing

Brazil regulator expects MAX 10 certification this year
Arts|Business|Economy|Education|Entertainment|Europe|Finance|Lifestyle|Political|Science|Technology|Travel|World

The Latest: US military launches strikes against Iran in response to downing of American helicopter

The U.S. military says it has carried out strikes against Iran following the crash of a U.S. Army Apache helicopter off the coast of Oman that U.S. President Donald Trump blamed on the Islamic Republic

The Latest: US military launches strikes against Iran in response to downing of American helicopter
Business|Economy|Election|Finance|Political|US|World

Social Security retirement trust fund will run dry in 2032 unless Congress acts

Social Security retirement trust fund will run dry in 2032 unless Congress acts

Social Security retirement trust fund will run dry in 2032 unless Congress acts
Arts|Business|Economy|Political|Technology

Ads in New York must now label AI-generated 'synthetic performers'

New York has implemented a law requiring advertisements featuring AI-generated people to clearly label them as “synthetic performers.”

Ads in New York must now label AI-generated 'synthetic performers'
Business|Economy|Health|Political

Trump administration warns over 500 hospitals to provide more price information or face fines

The Trump administration has warned more than 500 hospitals that they are failing to provide the public with enough information about prices

Trump administration warns over 500 hospitals to provide more price information or face fines
Economy|Travel|World

At Cuba's once bustling tourist sites, foreign visitors are increasingly scarce

Colombian Ramiro Escobar had long dreamed of visiting Cuba.

At Cuba's once bustling tourist sites, foreign visitors are increasingly scarce
Business|Economy|Finance|Stock Markets|US

NYSE short interest rose 1.8 percent in late May

Short interest on the New York Stock Exchange rose 1.8 percent in late May, the exchange said on Tuesday.

NYSE short interest rose 1.8 percent in late May
Business|Crime|Economy|Finance|Stock Markets|Technology

Kalshi to collect employment info from customers trading in some high-risk markets

Kalshi will start collecting customer employment information for trading in certain high-risk markets

Kalshi to collect employment info from customers trading in some high-risk markets
Business|Economy|Finance|Stock Markets|US|World

US Fed to release 2026 bank stress test results on June 24

The U.S. Federal Reserve said on Tuesday it will publish the results of its annual big bank stress tests on June 24.

US Fed to release 2026 bank stress test results on June 24
Business|Economy|Political|US|World

US intelligence employees brace for cuts under new director

Staff at the office of the top U.S. spy have been told by managers to expect extensive cuts in the coming months following comments by President Donald Trump

US intelligence employees brace for cuts under new director
Business|Economy|Environment|Health|Technology

Musk’s xAI, SpaceX hit with class action over data center ‘nuisance’

Elon Musk’s xAI and SpaceX have been sued by Mississippi residents who say a power plant fueling nearby data centers is blasting “omnipresent and

Musk’s xAI, SpaceX hit with class action over data center ‘nuisance’
Business|Economy|Finance|Stock Markets|Technology|World

SQM rises as Scotiabank says lithium demand, low costs support outlook

Common shares of Chilean lithium producer SQM rose more than 3% in Santiago on

SQM rises as Scotiabank says lithium demand, low costs support outlook
Economy|Finance|Political|US|World

Congress has backed Iran war powers resolutions. Now what?

For the first time since the war on Iran began on February 28, the Republican-led U.S.

Congress has backed Iran war powers resolutions. Now what?
Crime|Economy|Finance|Political|US

House report says MN officials ignored fraud warnings as early as 2019; Walz's office calls oversight committee "a joke"

House report says MN officials ignored fraud warnings as early as 2019; Walz's office calls oversight committee "a joke"

House report says MN officials ignored fraud warnings as early as 2019; Walz's office calls oversight committee "a joke"
Business|Economy|Finance|Stock Markets|Technology

Markets whipsaw as AI sell-off resumes

Markets whipsaw as AI sell-off resumes

Markets whipsaw as AI sell-off resumes
Business|Economy|Finance|Stock Markets|Technology|US|World

China’s exports jump 19.4% in May from a year earlier, boosted by demand for autos and tech goods

China has reported that its exports picked up pace in May, rising 19.4% from a year earlier

China’s exports jump 19.4% in May from a year earlier, boosted by demand for autos and tech goods
Business|Economy|Environment|World

Colombia passes law to track cattle and keep deforestation-linked beef out of supply chains

Colombia has enacted a law aimed at preventing cattle linked to deforestation from entering beef supply chains by connecting livestock traceability, land ownership and forest monitoring systems

Colombia passes law to track cattle and keep deforestation-linked beef out of supply chains
Arts|Economy|Political|Sports

Illinois leaders, fans across Chicago area react after Bears advance Hammond, Indiana stadium plans

Illinois leaders, fans across Chicago area react after Bears advance Hammond, Indiana stadium plans

Illinois leaders, fans across Chicago area react after Bears advance Hammond, Indiana stadium plans
Business|Economy|Finance|World

The Social Security trust fund will run dry in 2032 – what that means for retirees and workers who hope to retire

Unless Congress acts, 1 in 5 Americans who receive Social Security could see an across-the-board benefit cut of roughly 22% starting in 2032.

The Social Security trust fund will run dry in 2032 – what that means for retirees and workers who hope to retire
Business|Economy|Finance|Stock Markets|Technology

More swings for AI stocks drag Wall Street back on the roller coaster

Another sudden reversal for high-flying artificial-intelligence stocks sent Wall Street reeling

More swings for AI stocks drag Wall Street back on the roller coaster
Business|Economy|Environment|World

Rising fuel prices hit US farms as Iran war drags on

High energy costs are squeezing grain and soybean growers across the U.S. farm belt, as the Iran war chokes fuel supplies through

Rising fuel prices hit US farms as Iran war drags on
Business|Economy|Political|US|World

US House passes $70 billion bill to fund ICE, Border Patrol

A longstanding political stalemate in the U.S.

US House passes $70 billion bill to fund ICE, Border Patrol
Business|Economy|Technology|World

S&P 500, Nasdaq fall as tech selling resumes, Trump vows to respond to downed US helicopter

The S&P 500 and Nasdaq indexes fell on Tuesday as a rebound in technology shares faded and as President Donald Trump said the U.S. must

S&P 500, Nasdaq fall as tech selling resumes, Trump vows to respond to downed US helicopter
Business|Economy|Finance|Stock Markets|US

Morgan Stanley 'wide awake' to acquisition opportunities, CEO says

Wall Street giant Morgan Stanley is "wide awake" to potential M&A opportunities, CEO Ted Pick said on Tuesday, as regulators take a

Morgan Stanley 'wide awake' to acquisition opportunities, CEO says
Americas|Business|Economy|Political|World

Cuba's top envoy to US calls Trump's sanctions on Cuban leaders a 'pretext' for military action

Cuba’s top diplomat to the United States says recent sanctions targeting the island's leadership and the indictment of former President Raúl Castro are a “pretext” for the Trump administration to persuade the American people to support a U.S. military intervention in Cuba

Cuba's top envoy to US calls Trump's sanctions on Cuban leaders a 'pretext' for military action
Business|Economy|Finance|Stock Markets|Technology|World

Equities fall while oil slips amid uncertain Middle East outlook

MSCI's global equities gauge managed a small gain on Tuesday with little support from Wall Street where heavyweight technology

Equities fall while oil slips amid uncertain Middle East outlook
Business|Economy|Finance|Science|Stock Markets|Technology

SpaceX IPO demand is approaching four times oversubscribed, source says

Elon Musk's SpaceX has drawn more than $250 billion of investor demand for what stands to be the largest-ever IPO, said people familiar with

SpaceX IPO demand is approaching four times oversubscribed, source says
Crime|Economy|Education|Health|Lifestyle

Former OB-GYN accused of artificially inseminating patients with his own sperm

Former OB-GYN accused of artificially inseminating patients with his own sperm

Former OB-GYN accused of artificially inseminating patients with his own sperm
Crime|Economy|Health|Political|World

Largest ICE detention facility wasted millions and put detainees at risk, report finds

A new report alleges that mismanagement at a massive Immigration and Customs Enforcement facility in Texas produced unsafe conditions that contributed to detainees’ deaths and suffering even as millions of tax dollars were wasted on contractors

Largest ICE detention facility wasted millions and put detainees at risk, report finds
Business|Economy|Education|Entertainment|Lifestyle

Principal uses $63K "Wheel of Fortune" as lesson for students

Principal uses $63K "Wheel of Fortune" as lesson for students

Principal uses $63K "Wheel of Fortune" as lesson for students
Economy|Health|Political

Social Security’s retirement trust fund faces a funding shortfall a year earlier than expected

Social Security’s retirement trust fund is projected to face a funding shortfall in 2032, a year earlier than previously expected

Social Security’s retirement trust fund faces a funding shortfall a year earlier than expected
Business|Crime|Economy|Environment|Lifestyle

Rancher offers reward as Utah County deputies work to solve cattle theft

Rancher offers reward as Utah County deputies work to solve cattle theft

Rancher offers reward as Utah County deputies work to solve cattle theft
Business|Economy|World

US trade judge urges Trump administration to speed up tariff refunds

A U.S. trade judge on Tuesday urged Trump administration officials to speed up refunds of more than $10 billion in revenue from tariffs that were

US trade judge urges Trump administration to speed up tariff refunds
Business|Economy|Finance|Technology

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock Asset Management plans to launch its first exchange-traded funds in India by August, seeking to replicate BlackRock's global success in passive

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base
Business|Economy|Environment|Finance|Political|Stock Markets|World

Oil prices fall to seven-week low as Iran and Israel halt attacks

Oil prices fell about 3% to a seven-week low on Tuesday after Iran and Israel said they had halted attacks on each other following an appeal from U.S.

Oil prices fall to seven-week low as Iran and Israel halt attacks
Business|Economy|Environment|Science|World

Oil inventories headed toward multi-decade lows, US EIA warns

Oil stockpiles in the world's largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due

Oil inventories headed toward multi-decade lows, US EIA warns
Business|Economy|Finance|Stock Markets|US

Activist Ancora builds stake in Ashland, pushes for sale​​

Activist Ancora Alternatives has built a significant stake in Ashland Inc and wants the U.S. specialty chemicals company to sell itself, arguing

Activist Ancora builds stake in Ashland, pushes for sale​​
Americas|Asia|Economy|Political|World

New Zealand poll shows US seen as more of a threat than China

For the first time in a decade, New Zealanders see the United States as more of a threat than China, a survey by the Asia New Zealand Foundation found, as concerns over

New Zealand poll shows US seen as more of a threat than China
Business|Economy|Finance|Political|US|World

US Social Security trust fund set for 2032 insolvency, report finds

The U.S.

US Social Security trust fund set for 2032 insolvency, report finds
Business|Economy|Entertainment|Environment|Food|Lifestyle|Travel

Crawfish season winds down after unpredictable year in Louisiana

Crawfish season winds down after unpredictable year in Louisiana

Crawfish season winds down after unpredictable year in Louisiana
Business|Economy|Finance|US

After long waits at the Social Security Administration, its chief says things are getting better

After complaints about staffing cuts and long waits to get help at the Social Security Administration, its commissioner says things are getting a lot better

After long waits at the Social Security Administration, its chief says things are getting better
Business|Economy

Fact check: The average US gas price is higher today than during 91% of Biden’s presidency

Fact check: The average US gas price is higher today than during 91% of Biden’s presidency

Fact check: The average US gas price is higher today than during 91% of Biden’s presidency
Business|Economy|Europe|Finance|World

European banks want simpler rules as region's annual investment gap hits €1.4 trillion

Europe faces a widening €1.4 trillion ($1.62 trillion) annual investment gap that risks holding back its economic objectives including energy transition, the European

European banks want simpler rules as region's annual investment gap hits €1.4 trillion
Business|Economy|Finance|Stock Markets|Technology

MSCI confirms early index inclusion rules ahead of SpaceX IPO

Index provider MSCI confirmed on Monday it will apply existing rules for early inclusion of large IPOs in its Global Standard Indexes, likely clearing the way for

MSCI confirms early index inclusion rules ahead of SpaceX IPO
Business|Economy|Finance|Health|Stock Markets|World

JPMorgan keeping a watchful eye on consumer health, executive says

JPMorgan Chase is keeping a close watch on consumer health as worries about inflation persist, Marianne Lake, CEO of the bank's consumer and

JPMorgan keeping a watchful eye on consumer health, executive says
Business|Economy|Science|Stock Markets|Technology

OpenAI joins Anthropic in IPO push

OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward the stock market as investors seek exposure to

OpenAI joins Anthropic in IPO push
Business|Economy|Finance|Stock Markets|US

Blackstone's private wealth inflows improved in June, president says

Blackstone saw improving inflows from individual investors in June amid a pullback from funds that aim to give those people access to rarely traded private assets, the

Blackstone's private wealth inflows improved in June, president says
Business|Economy|Environment|Finance|Political|World

Trump approval stays near record low as most Americans expect higher gas prices

President Donald Trump's approval rate held near the lowest levels of his political career in recent days as most Americans said they expected gasoline

Trump approval stays near record low as most Americans expect higher gas prices
Business|Economy|Finance|Stock Markets

Citi hires Andrew Conway as global chair of consumer and retail investment banking

Citigroup has hired Andrew Conway as its global chair of consumer and retail investment banking to expand its banking franchise in the sector,

Citi hires Andrew Conway as global chair of consumer and retail investment banking
Business|Economy|Technology|World

Boeing jet deliveries jump to 60 in May, 33% higher than last year

Boeing said on Tuesday that it delivered 60 jets in May, a 33% increase over the same period last year, though fewer than the 81 delivered by European

Boeing jet deliveries jump to 60 in May, 33% higher than last year
Business|Economy|Finance|Stock Markets|US

Bank of America could exceed 15% market revenue growth in Q2

Bank of America may exceed the initial forecast of 15% growth in second-quarter markets revenue, fueled by the equities business, Co-President Jim DeMare said on Tuesday.

Bank of America could exceed 15% market revenue growth in Q2
Business|Economy|Finance|Stock Markets|World

Amazon issues record-setting Canadian dollar-denominated corporate bond deal

Amazon has issued C$14 billion ($10.04 billion) of Canadian dollar-denominated notes, a final pricing term sheet filed with the SEC on Monday showed,

Amazon issues record-setting Canadian dollar-denominated corporate bond deal
Business|Economy|Finance|Stock Markets|Technology

More than $1 trillion in value gone in 8 months. What’s going on with bitcoin?

More than $1 trillion in value gone in 8 months. What’s going on with bitcoin?

More than $1 trillion in value gone in 8 months. What’s going on with bitcoin?
Business|Economy|Science|Technology

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo and Blackstone are financing a $35 billion expansion of AI computing capacity for Anthropic using Broadcom's custom chips and networking solutions as part of a tie-up between

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up
Business|Economy|Finance|World

Dollar edges lower amid shaky Middle East truce, US inflation data in view

The dollar edged lower against peers on Tuesday amid a fragile Middle East truce and with investors looking ahead to key U.S. data later in the week. U.S.

Dollar edges lower amid shaky Middle East truce, US inflation data in view
Economy|Education|Environment|Political|World

Candidates for UN's top job urge its renewal and bolstering human rights

Several candidates running to be the next head of the United Nations called for a strengthening of human rights and respect for international law and

Candidates for UN's top job urge its renewal and bolstering human rights
Business|Economy|Europe|Technology|World

EU orders Meta to restore WhatsApp access for rival AI chatbots

European Union regulators have ordered Meta Platforms to restore access to WhatsApp for rival AI chatbot makers

EU orders Meta to restore WhatsApp access for rival AI chatbots
Business|Economy|Finance|Travel|World

Carney says the new Canadian-built bridge across Detroit River that Trump threatened will open

Canadian Prime Minister Mark Carney says a new Canadian-built bridge across the Detroit River that U.S. President Donald Trump threatened to block will open soon

Carney says the new Canadian-built bridge across Detroit River that Trump threatened will open
Business|Economy|Finance|Stock Markets|World

Blue Owl fund facing redemptions raises $500 million in bond sale, Bloomberg News reports

A private credit fund managed by Blue Owl Capital, which earlier this year imposed limits on investor redemptions, has raised $500 million through an investment‑grade bond offering,

Blue Owl fund facing redemptions raises $500 million in bond sale, Bloomberg News reports
Business|Economy|Entertainment|Political|Travel

Senators seek probe into US transport chief road trip paid for by corporate donors

A group of six Democratic senators on Monday sought a government probe into U.S.

Senators seek probe into US transport chief road trip paid for by corporate donors
Business|Economy|Entertainment|Finance|Technology

ISS urges Warner Bros shareholders to reject executive pay tied to Paramount merger

Proxy adviser ISS on Monday urged Warner Bros Discovery shareholders to vote against executive pay and exit packages for CEO David Zaslav and other top executives tied to the

ISS urges Warner Bros shareholders to reject executive pay tied to Paramount merger
Crime|Economy|Environment|Political|World

Salt Lake City lawsuit is latest against DHS' plan to use giant warehouses to detain immigrants

Salt Lake City and its county have filed a lawsuit seeking to block the Department of Homeland Security’s plan to open a giant warehouse in the city that would be used to detain up to 10,000 immigrants

Salt Lake City lawsuit is latest against DHS' plan to use giant warehouses to detain immigrants
Business|Economy|Environment|World

IMF approves $163 million in new funding for Papua New Guinea

The International Monetary Fund's Executive Board approved reviews of Papua New Guinea's lending arrangements, unlocking about $163 million in combined disbursements, the fund said

IMF approves $163 million in new funding for Papua New Guinea
Business|Economy|Finance|Stock Markets|US|World

Foreign demand steadies at US Treasury auctions in June

Foreign investors increased purchases of two- and five-year U.S.

Foreign demand steadies at US Treasury auctions in June
Economy|Health|Political|Science|World

Gavi plans to use U.S. cash for malaria, while meeting Kennedy's conditions

The global vaccine group Gavi said on Monday it hopes to use $600 million in soon-to-be-restored U.S. funding to boost malaria and other vaccination

Gavi plans to use U.S. cash for malaria, while meeting Kennedy's conditions
Business|Economy|Environment|Science|World

Strongest earthquake in nearly 150 years hits off Cuba, shakes Mexico, Florida

A historically strong earthquake struck off Cuba's northwest coast on Monday, according to official reports, shaking parts of Cuba, Mexico and Florida that are

Strongest earthquake in nearly 150 years hits off Cuba, shakes Mexico, Florida
Business|Economy|Education|Technology

Meta funds skilled trades jobs program for AI data center buildout

Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the

Meta funds skilled trades jobs program for AI data center buildout
Business|Economy|Finance|Stock Markets|Technology

Applied Digital signs $5.2 billion AI data center lease with U.S. hyperscaler

Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period,

Applied Digital signs $5.2 billion AI data center lease with U.S. hyperscaler
Business|Economy|World

Strike at GM axle supplier continues 

A strike at a major supplier for General Motors' trucks entered its second week on Monday with the United Auto Workers and Dauch Corp still unable to reach a

Strike at GM axle supplier continues 
Business|Economy|Environment|Technology

US judge scraps Trump policy restricting wind, solar tax breaks

A U.S. judge vacated a Trump administration policy implemented last year that made it harder for wind and solar energy projects to claim federal tax subsidies,

US judge scraps Trump policy restricting wind, solar tax breaks
Business|Economy|Europe|Finance|World

UK consumers up their spending in May after April drop

Consumers in Britain increased their spending in May after reducing it in April, but their expenditure on travel dropped for a third month in a sign of caution over the

UK consumers up their spending in May after April drop
Business|Economy|Travel|World

S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery

Global ratings agency S&P said on Monday it had downgraded JetBlue Airways to "CCC+" from "B-," pushing the carrier further into junk territory as high jet fuel costs hamper its

S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery
Business|Economy|Environment|Political|World

US leads record rise in spending on nuclear arsenals, campaign group says

Spending on nuclear weapons by the world's nine nuclear-armed states rose by almost a fifth in 2025 to $119 billion, a report by the International

US leads record rise in spending on nuclear arsenals, campaign group says
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Recovery, but on mute

The S&P 500 and Nasdaq rebounded on Monday from Friday's tech-led rout, on news of an Israel-Iran detente and as investors bought back cheapened

Trading Day: Recovery, but on mute
Business|Economy|Finance|World

South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate

South Korea's economy grew in the first quarter at a stronger pace than previously estimated in April, revised central bank data showed on Tuesday.

South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate
Business|Economy|Europe|Finance|Stock Markets|World

UK employers warns of slower growth, higher unemployment

The Confederation of British Industry cut its forecast for the country's economic growth on Tuesday and predicted unemployment would rise to its highest in more than a

UK employers warns of slower growth, higher unemployment
Business|Economy|Finance|Stock Markets|US|World

US wholesale inventories increase for third straight month in April

U.S. wholesale inventories increased more than initially thought in April, likely reflecting stock building to hedge against shortages and high prices stemming from the

US wholesale inventories increase for third straight month in April
Business|Economy|Technology

SpaceX's lofty valuation set to put 'Elon premium' to test

SpaceX's landmark listing this week is set to test the "Elon premium" that has made Tesla one of the most highly valued U.S. companies and a

SpaceX's lofty valuation set to put 'Elon premium' to test
Australia|Business|Economy|Finance|World

Australia consumer confidence slips in June as finances squeezed

A measure of Australian consumer sentiment fell back in June as rising borrowing costs and higher petrol prices squeezed family finances, a survey showed on Tuesday, while

Australia consumer confidence slips in June as finances squeezed
Business|Economy|Technology|World

Emirates upbeat on Boeing 777X, no progress in Airbus A350-1000 engine spat

Dubai's Emirates expects to receive its long-delayed first Boeing 777X by June next year, but has yet to see progress on Rolls-Royce engine improvements

Emirates upbeat on Boeing 777X, no progress in Airbus A350-1000 engine spat
Business|Economy|Environment|Science|Technology

New York state's electricity reserves are shrinking, grid operator says

Electricity supplies in New York have shrunk over the last five years, leaving one of the most populous U.S. states at risk of falling short of the energy

New York state's electricity reserves are shrinking, grid operator says
Business|Economy|World

Australia business conditions steady in May, mood still gloomy

Australian business conditions steadied in May as sales strengthened a little, a survey showed on Tuesday, while confidence stayed gloomy as cost pressures squeezed profit

Australia business conditions steady in May, mood still gloomy
Business|Economy|Finance|Stock Markets|US

US home sales surge to the fastest pace this year despite rising mortgage rates and prices

Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for the housing market after a lackluster start to the spring homebuying season

US home sales surge to the fastest pace this year despite rising mortgage rates and prices
Business|Economy|Finance|Stock Markets|Technology

Databricks in talks to raise funds at over $165 billion, The Information reports

Data analytics software firm Databricks has discussed raising funds in a round that could begin next month and value it at between $165 billion and $175 billion, The Information

Databricks in talks to raise funds at over $165 billion, The Information reports
Business|Economy|Finance|Stock Markets|Technology

Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reports

AI firm Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CNBC reported on Monday, citing an interview with CEO

Perplexity plans 2028 IPO regardless of Anthropic or OpenAI listings, CNBC reports
Business|Economy|Political|World

South Korea's cabinet approves decree on $350 billion US investment plan

South Korea's cabinet approved on Tuesday a presidential decree as part of the process to allow $350 billion of strategic investments in the United States to proceed under a

South Korea's cabinet approves decree on $350 billion US investment plan
Australia|Business|Economy|Finance|Stock Markets

Bain Capital enters bidding war for Australia's oOh!media after rival offers

Australian advertising firm oOh

Bain Capital enters bidding war for Australia's oOh!media after rival offers
Business|Economy|Technology|World

Vietnam orders airlines to accelerate U.S. deals as Washington trade probes mount

Vietnam has ordered its major airlines to review the progress of multibillion-dollar agreements signed with Boeing and Pratt & Whitney, and explore new import deals with American

Vietnam orders airlines to accelerate U.S. deals as Washington trade probes mount
Business|Economy|Finance|World

BOJ to consider pausing bond taper next fiscal year, sources say

(Corrects June 9 story to clarify in the lead and paragraph 4 that the BOJ is considering pausing tapering, not maintaining the current pace of bond purchases) By Leika Kihara and Takahiko Wada TOKYO,

BOJ to consider pausing bond taper next fiscal year, sources say
Business|Economy|Finance|Stock Markets|World

Indian economy, government finances, see mounting costs from Iran war

A few months ago, India's economy was humming along nicely.

Indian economy, government finances, see mounting costs from Iran war
Business|Economy|Finance|Stock Markets|World

Fortune really had better favour the brave

A look at the day ahead in European and global markets from Wayne Cole.

Fortune really had better favour the brave
Business|Economy|Finance|Stock Markets|World

Investors spy a tipping point for bonds after geopolitics shreds old playbooks

Bonds have failed to shield investors during the Iran war.

Investors spy a tipping point for bonds after geopolitics shreds old playbooks
Business|Economy|Europe|World

European shares close lower as investors weigh Middle East risks

European shares surrendered early gains on Tuesday to close lower for a third straight session, led by declines in commodity-

European shares close lower as investors weigh Middle East risks
Business|Economy|Finance|Stock Markets|World

US small business sentiment falls in May as inflation worries mount

U.S. small-business sentiment fell in May and the share of owners planning to raise prices over the next three months increased to the highest level in nearly four years

US small business sentiment falls in May as inflation worries mount
Business|Economy|Finance|Technology|World

China rides AI wave as exports surge past forecast

China's export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fuelling the global AI boom, providing policymakers

China rides AI wave as exports surge past forecast
Business|Economy|Technology

Harley-Davidson to bring Revolution Max production back to US

Harley-Davidson said on Tuesday it is bringing production of the Revolution Max engine platform for North America back to the U.S.

Harley-Davidson to bring Revolution Max production back to US
Business|Economy|Finance|Stock Markets|US

Wells Fargo CFO signals 'step up' in interest income in second quarter

U.S. banking giant Wells Fargo's net interest income will see a "step up" in the current quarter, Chief Financial Officer Mike Santomassimo said at an

Wells Fargo CFO signals 'step up' in interest income in second quarter
Business|Economy|US|World

US existing home sales increase more than expected in May

U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the housing market.

US existing home sales increase more than expected in May
Business|Economy|Finance|World

Euro zone bond yields steady as Middle East tensions ease, eyes on ECB

Euro zone government bond yields were steady on Tuesday as easing tensions between Israel and Iran for now calmed fears that their weekend attacks could derail U.S. efforts

Euro zone bond yields steady as Middle East tensions ease, eyes on ECB
Crime|Economy|Europe|Political|World

Russian attacks on Ukraine kill three; Zelenskiy upbeat on talks with U.S. envoys

Russian drone and missile attacks on Ukraine's northeastern Kharkiv region killed a pregnant woman and two other people, Ukrainian officials said on

Russian attacks on Ukraine kill three; Zelenskiy upbeat on talks with U.S. envoys
Business|Economy|Political|World

Mark Carney's trade push collides with reality of US dependence

Canadian Prime Minister Mark Carney has captured global attention by championing the idea of an alliance of mid-level economic powers that would operate

Mark Carney's trade push collides with reality of US dependence
Business|Economy|Finance|Science|Technology

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX's $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to

SpaceX IPO fever sparks hunt for proxy plays in Asia
Asia|Economy|Political|World

Thai jobs for Myanmar refugees could show way forward for Asian nations, UN says

More than 5,500 Myanmar refugees living in camps along Thailand's border have found jobs since Bangkok eased employment curbs last year, an approach that

Thai jobs for Myanmar refugees could show way forward for Asian nations, UN says
Business|Economy|Finance|World

Japan issues warning on yen, bond yields as fiscal pressure mounts

Japanese policymakers said on Tuesday they stood ready to act decisively against excessive yen falls while remaining vigilant to rising

Japan issues warning on yen, bond yields as fiscal pressure mounts
Business|Economy|Europe|World

German exports rise unexpectedly in April

German exports rose unexpectedly by 0.9% in April compared with the previous month, data from the federal statistics office showed on Tuesday.

German exports rise unexpectedly in April
Business|Economy|Science|Technology|World

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports

China is preparing to spend around 2 trillion yuan ($295.43 billion) over the next five years on building data centers across the country, Bloomberg News reported on Tuesday, as

China prepares $295 billion plan to fund nationwide AI buildout, Bloomberg News reports
Economy|Europe|World

German exports up, production falls short of forecasts

German industrial production rose less than expected in April and economists said the outlook for Europe's largest economy remains weak, despite an unexpected

German exports up, production falls short of forecasts
Business|Economy|Finance|Stock Markets|World

Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes

Persistent weakness in the yen and an expected hawkish shift for the Federal Reserve after a hot jobs report in the U.S. are expected to add pressure on the

Weak yen, hawkish Fed adds to pressure on BOJ to accelerate hikes
Business|Economy|Finance|Technology|US|World

China Unicom warns planned US crackdown could disrupt global communications

China Unicom's U.S. unit warned that a Trump administration proposal to prohibit American telecommunications carriers from interconnecting with

China Unicom warns planned US crackdown could disrupt global communications
Business|Economy|US|World

Record petroleum exports help to shrink US trade deficit in April

The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put

Record petroleum exports help to shrink US trade deficit in April
Business|Economy|Environment|Technology|World

BASF to focus on creating value as No. 1 rank slips

BASF will not push to defend its years-long top rank among the world's largest chemical companies by revenues to instead focus on creating value amid

BASF to focus on creating value as No. 1 rank slips
Asia|Economy|Political|World

China's Xi hails deeper understanding at end of North Korea summit

Chinese President Xi Jinping wrapped up on Tuesday his first visit to North Korea in seven years, saying it had established a deeper,

China's Xi hails deeper understanding at end of North Korea summit
Business|Economy|Finance|Science|Technology

Samsung Elec considers building chip packaging plant, Korea Economic Daily says

Samsung Electronics is considering the construction of an advanced semiconductor packaging facility in the southwestern South Korean city of Gwangju, the Korea Economic Daily

Samsung Elec considers building chip packaging plant, Korea Economic Daily says
Business|Economy|Entertainment|World

Paramount Skydance seeks business counterpart to CBS News editor Bari Weiss, Axios reports 

Paramount Skydance is scouting candidates to oversee the business side of operations, who would work alongside CBS News' editor-in-chief Bari Weiss, Axios reported on Tuesday,

Paramount Skydance seeks business counterpart to CBS News editor Bari Weiss, Axios reports 
Business|Economy|Technology

Short-sellers to tread carefully as Musk's SpaceX debuts

Short sellers beware: Elon Musk's SpaceX IPO may be too hot to handle.

Short-sellers to tread carefully as Musk's SpaceX debuts
Business|Economy|Finance|Stock Markets|Technology

Buy the chip

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Relief rally, dip-buying or a dead cat bounce?

Buy the chip
Business|Economy|Science|Technology

Apple's AI Siri will be held back by aging devices, Morgan Stanley says

Apple's newly introduced AI Siri will have limited use across much of the company's install base because older iPhones lack the capabilities to run advanced AI features, Morgan

Apple's AI Siri will be held back by aging devices, Morgan Stanley says
Business|Economy|Food

J.M. Smucker forecasts upbeat annual profit as coffee costs ease; shares jump

Packaged food maker J.M.

J.M. Smucker forecasts upbeat annual profit as coffee costs ease; shares jump
Business|Economy|Finance|Science|Stock Markets|Technology|US

OpenAI files for US IPO after Anthropic as AI giants head to public markets

OpenAI confidentially filed for a U.S. initial public offering recently, the ChatGPT maker said on Monday, joining rival Anthropic in a push toward

OpenAI files for US IPO after Anthropic as AI giants head to public markets
Business|Economy|Travel|World

Emirates to offer incentives, safety assurances as Iran war hits travel

Emirates will roll out incentives aimed at winning back travellers worried about the protracted Iran war, focusing on reliability and customer support

Emirates to offer incentives, safety assurances as Iran war hits travel
Business|Economy|Environment

BP names heads for two main businesses after revamp

BP said on Tuesday that company veteran Gordon Birrell will lead its upstream unit and Richard Harding will serve as interim head of downstream, as part of a previously announced

BP names heads for two main businesses after revamp
Business|Economy|Finance|Stock Markets|World

Mexico annual inflation returns to cenbank's target range in May, but concerns persist

Mexico's annual inflation rate decelerated for a second month in a row in May, official data showed on Tuesday, returning to the higher end of

Mexico annual inflation returns to cenbank's target range in May, but concerns persist
Business|Economy|Travel|World

Fuel price shock to widen product gap between US airlines

The fuel shock hitting U.S. airlines is doing more than squeezing margins — it is widening a product gap that may take years to close, as

Fuel price shock to widen product gap between US airlines
Business|Economy|Health|Science|Technology

GSK boosts cancer portfolio with $10.6 billion Nuvalent takeover

GSK has agreed to buy U.S.-listed cancer drug developer Nuvalent for $10.6 billion in its largest deal in more than a decade, marking a

GSK boosts cancer portfolio with $10.6 billion Nuvalent takeover
Business|Economy|Finance|Stock Markets|World

Wall St edges higher at open as chips extend gains, Middle East tensions ease

Wall Street's main indexes rose at the open on Tuesday, as chipmakers extended gains for a second day, while easing hostilities in the Middle East also aided sentiment.

Wall St edges higher at open as chips extend gains, Middle East tensions ease
Asia|Business|Economy|Finance|Political|Stock Markets|Technology|US|World

US says BYD, Baidu, Alibaba and other tech giants are aiding China's military

The United States on Monday added Chinese e-commerce giant Alibaba, internet search provider Baidu, and

US says BYD, Baidu, Alibaba and other tech giants are aiding China's military
Business|Economy|Science|Technology|World

Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike says

China-linked hackers posed the biggest espionage threat to technology companies over the past year,  CrowdStrike, a cybersecurity firm, said in a  report published on

Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike says
Business|Economy|Technology|World

How Honda’s old guard tried, and failed, to oust its CEO

Late last year, a handful of retired Honda Motor executives started meeting privately to discuss the Japanese

How Honda’s old guard tried, and failed, to oust its CEO
Business|Economy|Finance|Stock Markets|US|World

Fed to hold rates this year, cut calls fade as war inflation persists, economists say: Reuters poll

The U.S.

Fed to hold rates this year, cut calls fade as war inflation persists, economists say: Reuters poll
Business|Economy|Europe|Technology|World

Airbus sees no sign of jet order cancellations despite fuel pressures, CEO says

Airbus CEO Guillaume Faury said he is not seeing any demand for cancellations of jet orders despite recent turmoil that has left the airline industry battered, speaking at

Airbus sees no sign of jet order cancellations despite fuel pressures, CEO says
Crime|Economy|Election|Political|World

Turkey opposition crisis deepens as rival CHP leaders hold duelling meetings

The ousted head of Turkey's main opposition party on Tuesday urged lawmakers to resist what he called a bid to eliminate it, while its

Turkey opposition crisis deepens as rival CHP leaders hold duelling meetings
Business|Economy|Environment|Science|Technology

Embraer sees revenue boost from electric aircraft subsidiary

Brazilian planemaker Embraer expects electric aircraft subsidiary Eve to contribute $1 billion to $1.5 billion of revenue per year after its production

Embraer sees revenue boost from electric aircraft subsidiary
Business|Economy|Entertainment|Technology|World

Britain begins formal review of Paramount' s $110 billion Warner Bros deal

Britain's competition regulator said on Tuesday it has formally started its review of Paramount Skydance's planned $110 billion acquisition of Warner Bros Discovery, after ending

Britain begins formal review of Paramount' s $110 billion Warner Bros deal
Business|Economy|Education|Environment

Home insurance and the unraveling of Florida communities

Florida’s current approach to insurance is forcing those who can least afford it to bear the cost of the climate crisis. But different approaches are available.

Home insurance and the unraveling of Florida communities
Arts|Economy|Opinion|Sports

Philadelphia’s 2026 sports calendar is packed – but fans are being priced out

In 1976, fans could score a ticket to the MLB All-Star Game for $6. In 2026, tickets start at over $200.

Philadelphia’s 2026 sports calendar is packed – but fans are being priced out
Asia|Economy|Political|Travel|World

China's President Xi returns home after closely watched trip to North Korea

Chinese President Xi Jinping has returned home, ending a rare state visit to North Korea

China's President Xi returns home after closely watched trip to North Korea
Business|Economy|Environment|Health|Science

What screwworm means for your beef prices

What screwworm means for your beef prices

What screwworm means for your beef prices
Business|Economy|Science|Technology|World

China can build humanoids at scale. The hard part is finding enough buyers

Chinese humanoid robots are making waves with their ability to do backflips, direct traffic and even make coffee

China can build humanoids at scale. The hard part is finding enough buyers
Economy|Election|Finance|Political|Travel|US

Rahm Emanuel's uphill climb in New Hampshire tests a 2028 presidential bid

Rahm Emanuel has been making moves in New Hampshire, hinting at a possible return to Washington politics

Rahm Emanuel's uphill climb in New Hampshire tests a 2028 presidential bid
Economy|Election|Finance|Political|US

Democratic group launches ad campaign to help flip control of Congress in midterm elections

A Democratic group that previously focused on presidential races is wading into more than a dozen House and Senate contests across the country

Democratic group launches ad campaign to help flip control of Congress in midterm elections
Business|Economy|World

The Strait of Hormuz is ‘leaking’ oil

The Strait of Hormuz is ‘leaking’ oil

The Strait of Hormuz is ‘leaking’ oil
Economy|Entertainment|Sports

Knicks fever sweeps New York for Game 3 of the NBA Finals against the Spurs

Spike Lee wore a Pope Leo Knicks jersey

Knicks fever sweeps New York for Game 3 of the NBA Finals against the Spurs
Arts|Celebrity|Crime|Economy|Election|Entertainment|Environment|Political|US

The rise and fall of 'The Hills' star Spencer Pratt's improbable campaign for Los Angeles mayor

Spencer Pratt’s improbable rise from reality television personality to national political sensation ended when he failed to qualify for the runoff to challenge Los Angeles Mayor Karen Bass

The rise and fall of 'The Hills' star Spencer Pratt's improbable campaign for Los Angeles mayor
Business|Economy|Technology|World

Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military

The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies

Pentagon labels tech giant Alibaba and electric car maker BYD as aiding Chinese military
Asia|Business|Economy|Political|Travel|World

Xi and Kim push for greater ties between China and North Korea

Chinese President Xi Jinping and North Korean leader Kim Jong Un have underscored their commitment to deepen cooperation in a closely watched summit

Xi and Kim push for greater ties between China and North Korea
Business|Economy|Finance|Science|Stock Markets|Technology|US

OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

OpenAI has filed preliminary paperwork to potentially become a publicly traded company

OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut
Business|Economy|Finance|Food|World

Nestle's private equity partner exits bidding for Perrier business, Bloomberg News reports

Consumer giant Nestle SA's long-time private equity partner PAI Partners has dropped out of bidding for its water business, which includes brands such as Perrier, Bloomberg News

Nestle's private equity partner exits bidding for Perrier business, Bloomberg News reports
Business|Economy|Finance|Stock Markets|Technology

OpenAI files for IPO, the latest in a stream of possible AI mega-sales

OpenAI files for IPO, the latest in a stream of possible AI mega-sales

OpenAI files for IPO, the latest in a stream of possible AI mega-sales
Economy|Political|World

Iran and Israel say they have halted strikes on each other for now

Iran and Israel said on Monday they had halted attacks on each other after an appeal from U.S.

Iran and Israel say they have halted strikes on each other for now
Business|Economy|Finance|Stock Markets|US|World

Wall Street holds steadier as AI stocks recover some of their sell-off

Wall Street held steadier and recovered some of its sell-off from last week

Wall Street holds steadier as AI stocks recover some of their sell-off
Business|Economy|Environment|Finance|Travel|US|World

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

New government data released Monday shows U.S. airlines spent nearly $6.5 billion on jet fuel in April

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half
Business|Economy|Finance|Science|Technology

Apple bets on overdue Siri fix to close AI gap

Apple on Monday rolled out a long-delayed overhaul of Siri, betting the

Apple bets on overdue Siri fix to close AI gap
Business|Crime|Economy|Finance|Political

Sam Bankman-Fried asks Trump for a pardon

Sam Bankman-Fried asks Trump for a pardon

Sam Bankman-Fried asks Trump for a pardon
Business|Economy|Science|Technology|World

Apple finally lays out its AI plans with a brand new version of Siri

Apple finally lays out its AI plans with a brand new version of Siri

Apple finally lays out its AI plans with a brand new version of Siri
Business|Economy|Finance|Science|Stock Markets|Technology

Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference

Apple is unveiling new artificial intelligence features at its annual developers conference

Apple unveils an upgraded Siri voice assistant with new AI features at its annual conference
Business|Economy|Technology

Federal judge voids Trump’s $100,000 fee requirement for H-1B visas

Federal judge voids Trump’s $100,000 fee requirement for H-1B visas

Federal judge voids Trump’s $100,000 fee requirement for H-1B visas
Business|Economy|Europe|Finance|Stock Markets

Intesa launches $35 billion Monte dei Paschi bid to redraw Italy's financial map

Italy's top banking group Intesa Sanpaolo made a €30.6 billion ($35 billion) unsolicited cash-and-share bid on Monday to

Intesa launches $35 billion Monte dei Paschi bid to redraw Italy's financial map
Business|Economy|Environment|Finance|Technology|World

Airline chiefs slam engine makers for delays at industry summit

 Commercial jet enginemakers faced renewed pressure from airline CEOs on Monday, as

Airline chiefs slam engine makers for delays at industry summit