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

Economy

Business|Economy|Political|Stock Markets|World

UK shares clock weekly gains as Iran-US peace deal hopes push oil price lower

UK shares gained in a broad-based rally on Friday amid growing hoping of a peace agreement between Iran and the U.S., which sent crude

UK shares clock weekly gains as Iran-US peace deal hopes push oil price lower
Economy|Finance|Political|Stock Markets|World

Dollar steady as markets eye US-Iran talks

The dollar steadied on Friday but remained on track for a weekly loss, as markets monitored negotiations over a deal that could end the Middle East

Dollar steady as markets eye US-Iran talks
Business|Crime|Economy|Europe|Finance|Political|World

Spain opens new probe into ex-PM Zapatero over jewellery found in office

A Spanish High Court judge investigating former Prime Minister Jose Luis Rodriguez Zapatero for suspected corruption has opened a separate probe over jewellery found during

Spain opens new probe into ex-PM Zapatero over jewellery found in office
Economy|World

What is the Swiss population cap proposal and what would it mean for Europe?

Switzerland will decide on Sunday on a proposal to cap the population at 10 million in a referendum some have likened to Britain's Brexit vote that could have far-reaching

What is the Swiss population cap proposal and what would it mean for Europe?
Business|Crime|Economy|Finance|Technology

Sam Bankman-Fried loses bid to overturn crypto fraud conviction

Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he

Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Business|Economy|Finance|Stock Markets|Technology

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks
Business|Economy|Finance|Stock Markets|World

Brazil's inflation accelerates in May, tops target range ahead of rate decision

Brazil's consumer inflation accelerated more than expected in May, official data showed on Friday, breaching the top of the

Brazil's inflation accelerates in May, tops target range ahead of rate decision
Business|Economy|World

Shell pauses $3 billion share buyback ahead of ARC acquisition vote

Shell said on Friday it was pausing its $3 billion share buyback programme through July 14, citing securities law requirements linked to its pending $

Shell pauses $3 billion share buyback ahead of ARC acquisition vote
Business|Economy|Finance|Stock Markets|Technology|US|World

S&P, Dow open higher on Mideast deal hopes; SpaceX debut in focus

The benchmark S&P 500 and the blue-chip Dow opened higher on Friday, underpinned by hopes for an imminent Middle East peace deal, while investors geared up for the market debut of

S&P, Dow open higher on Mideast deal hopes; SpaceX debut in focus
Arts|Business|Economy|Entertainment|Europe|Fashion and Beauty|Finance|Lifestyle|Stock Markets

Rolex raises gold watch prices again as super-rich buyers are undeterred

Rolex raised the global price of its gold watches by an average 5% this month, adding a rare second annual

Rolex raises gold watch prices again as super-rich buyers are undeterred
Business|Economy|Finance|Political|Stock Markets|World

Oil nears two-month lows on reports of imminent US-Iran peace deal

Oil prices fell more than 3% on Friday to their lowest levels in nearly two months as U.S. and Iranian officials said they were close to an agreement to halt their war in

Oil nears two-month lows on reports of imminent US-Iran peace deal
Business|Economy|Science|Technology

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
Arts|Economy|Environment|Opinion|Science|Technology

Most Pittsburgh-area communities are losing residents – here’s why that might be OK

New census data shows population decline is spreading across America. Planning for growth may be actively making things worse.

Most Pittsburgh-area communities are losing residents – here’s why that might be OK
Business|Economy|Education|Environment|Political|Science|Technology|World

Trump’s AI security order acknowledges risks but stops short of regulating industry

The executive order is voluntary for AI companies but aligns with AI safety experts on the potential for harm.

Trump’s AI security order acknowledges risks but stops short of regulating industry
Business|Economy|Europe

Italy working on new inflation-linker for institutional investors, debt chief says

Italy is working on a new bond aimed exclusively at institutional investors to tap growing demand for inflation-linked products among banks, funds and insurers

Italy working on new inflation-linker for institutional investors, debt chief says
Asia|Business|Economy|Finance|Stock Markets|World

India's May retail inflation rises to 3.93% on year

India's retail inflation rose to 3.93% year-over-year in May from 3.48% in April, driven by higher food and fuel costs, government data showed on Friday, as the outlook continued

India's May retail inflation rises to 3.93% on year
Economy|Education|Political|World

Students in anti-Prabowo protests say Indonesia 'heading' for bankruptcy

Hundreds of Indonesian students rallied in Jakarta on Friday to protest the spending priorities of President Prabowo Subianto's

Students in anti-Prabowo protests say Indonesia 'heading' for bankruptcy
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Trump's allies have another plan to pay 'weaponization' victims

While the Justice Department has said it has abandoned plans for President Donald Trump's proposed $1.8 billion "weaponization" fund, some of his

Trump's allies have another plan to pay 'weaponization' victims
Business|Economy|Finance|Stock Markets|Technology

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added bearish positions, according to data from a JPMorgan note late Thursday, just

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Business|Economy|Finance|Stock Markets|Technology|World

Chips and ships

From the Editor Hello Morning Bid readers! 

Chips and ships
Business|Economy|Political|World

Kazakhstan’s ruling party announces merger with pro-Tokayev upstart

Kazakhstan's ruling Amanat party said on Friday it is merging itself into a party created earlier this year by allies of President Kassym-Jomart Tokayev ahead of

Kazakhstan’s ruling party announces merger with pro-Tokayev upstart
Business|Economy|Europe|Finance|MidEast|World

Bank of England to hold interest rates this year but strong minority see a hike: Reuters poll

The Bank of England will leave its key interest rate unchanged at 3.75% on June 18, according to all 65 economists polled by Reuters, who remained

Bank of England to hold interest rates this year but strong minority see a hike: Reuters poll
Business|Economy|Finance|Stock Markets|World

China's new loans miss forecasts in May as property slump curbs demand

China's new bank lending rose less than expected in May after contracting the previous month, as a prolonged property downturn continued to weigh on household borrowing.

China's new loans miss forecasts in May as property slump curbs demand
Business|Economy|Finance|Stock Markets|US|World

U.S. equity funds record first weekly outflow in three weeks

Investors pulled money out of U.S. equity funds in the week to June 10 on caution over a market selloff and expectatons that the Federal Reserve would stay hawkish for longer, but

U.S. equity funds record first weekly outflow in three weeks
Business|Crime|Economy|World

Brazil refiners fueled scheme linked to U.S.-designated terrorist group, source and documents show

Brazilian refineries sold over 100 million liters of naphtha to a firm investigated in an alleged fraud scheme

Brazil refiners fueled scheme linked to U.S.-designated terrorist group, source and documents show
Business|Economy|Finance|World

India's inflation accelerates to 3.93% in May, remains a tad below RBI target

India's retail inflation rose to 3.93% in May, driven by higher food and fuel costs, government data showed on Friday, while risks

India's inflation accelerates to 3.93% in May, remains a tad below RBI target
Business|Economy|Technology|World

South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources say

South Korean memory chipmaker SK Hynix is looking to choose the Nasdaq for its planned U.S. listing, two sources familiar with

South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources say
Economy|Education|Health|Science|Technology

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause
Business|Economy|Entertainment|Finance|Sports

Sacramento hopes to make its pitch for expansion after the Athletics leave for Las Vegas

The Sacramento region strives to be more than just a way station for the Athletics before they complete their move from Oakland to Las Vegas

Sacramento hopes to make its pitch for expansion after the Athletics leave for Las Vegas
Business|Economy|Environment|MidEast|Political|US|World

Trump is raising expectations that this time he really will close deal with Iran to wind down war

President Donald Trump is anticipating a significant weekend for his presidency

Trump is raising expectations that this time he really will close deal with Iran to wind down war
Business|Economy|Finance|Stock Markets|World

Global equity funds draw third weekly inflow as investors buy the dip

Global equity funds drew inflows for a third straight week, as investors used a market selloff to add exposure to technology stocks on expectations the AI-driven rally will

Global equity funds draw third weekly inflow as investors buy the dip
Business|Economy|Finance|World

Be careful what you Warsh for

The Federal Reserve holds its first meeting with Kevin Warsh in charge, Donald Trump is due to meet other world leaders in France as the Iran war drags on, while a by-

Be careful what you Warsh for
Economy|Europe|Political|World

Ukraine to request $20 billion to keep momentum against Russia, source says

Ukraine is seeking an additional $20 billion in military funding from its allies to cement what it sees as its current battlefield advantage over Russia, a Ukrainian defence

Ukraine to request $20 billion to keep momentum against Russia, source says
Business|Economy|Europe|Finance|Stock Markets|World

European shares rally as Middle East peace hopes drag oil prices lower

European shares surged on Friday, with major indexes jumping more than 1%, as renewed hopes for a diplomatic breakthrough in the Middle East

European shares rally as Middle East peace hopes drag oil prices lower
Business|Economy|Environment|Europe|Technology|World

Europe's top carmakers urge simple 'Made in Europe' rules

Automakers Volkswagen, Stellantis and Renault, which account for about 60% of Europe's car output, are urging the EU to adopt a simple "Made in Europe" rule and stronger

Europe's top carmakers urge simple 'Made in Europe' rules
Business|Economy|Finance|Stock Markets|US

Private credit dividends look less secure as cash coverage thins

Dividends at U.S.-listed private-credit lenders rest on thinner cash cushions than headline earnings suggest, a Reuters analysis of regulatory filings

Private credit dividends look less secure as cash coverage thins
Arts|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Finance|MidEast|Political|Sports|Technology|Travel|US|World

Evangelicals divided on Trump's war in Iran, immigration crackdown, Reuters/Ipsos poll finds

About half of evangelical Christians - a core component of President Donald Trump's political base - believe his

Evangelicals divided on Trump's war in Iran, immigration crackdown, Reuters/Ipsos poll finds
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Newly led Fed poses markets wildcard for rockier US indexes

A suddenly rocky U.S. stock market confronts a potential wildcard next week: A newly led Federal Reserve at a time investors are worried that interest

Newly led Fed poses markets wildcard for rockier US indexes
Business|Economy|Entertainment|Environment|Political

Jane Fonda to host First Amendment celebration opposite Trump's UFC Freedom 250 event

As mixed martial arts fighters gather on Sunday on the South Lawn of the White House in a cage match to celebrate President Donald Trump’s 80th

Jane Fonda to host First Amendment celebration opposite Trump's UFC Freedom 250 event
Business|Economy|Environment|World

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point
Economy|Political|World

War-wary Hill Republicans question Trump’s Iran strategy with control of Congress at stake

War-wary Hill Republicans question Trump’s Iran strategy with control of Congress at stake

War-wary Hill Republicans question Trump’s Iran strategy with control of Congress at stake
Business|Economy|Europe|Political|World

Armenian opposition party files petition to annul June election results

A pro-Russian opposition alliance filed a request to Armenia's election commission on Friday to throw out the results of last Sunday's parliamentary election, won by Prime Minister

Armenian opposition party files petition to annul June election results
Economy|Europe|World

Germany sees slow economic recovery as energy prices weigh

Germany's economic recovery is likely to proceed in small steps at best, depending on the conflict in the Middle East, and energy and commodity prices, the economy ministry

Germany sees slow economic recovery as energy prices weigh
Asia|Business|Economy|Finance|Stock Markets|World

BlackRock says oil, FX risks loom over India's bond inflow push

India's measures to improve the attractiveness of its debt are welcome, though concerns over oil prices and their impact on the rupee remain big hurdles in

BlackRock says oil, FX risks loom over India's bond inflow push
Business|Economy|Europe|Finance|World

German government spending only thing preventing GDP fall, Bundesbank says

Heavy government spending on defence and infrastructure will stop Germany from slipping into recession this year, as the war in Iran takes its toll on Europe's biggest

German government spending only thing preventing GDP fall, Bundesbank says
Business|Economy|Europe|Finance|World

UK public inflation expectations surged after Iran war, BoE says

The British public's expectations for inflation in the long term rose to a record high last month after the U.S.-Israeli war on Iran sent energy prices soaring, the Bank of

UK public inflation expectations surged after Iran war, BoE says
Business|Economy|Science|Technology|World

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

SpaceX's record $75 billion IPO is poised to supercharge Chinese space startups racing to fund the same technologies that have

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists
Business|Economy|Finance|Technology

U.S. bank regulators ramp up scrutiny of AI use at financial companies

U.S. banking regulators are stepping up scrutiny of how lenders deploy artificial intelligence as the developing technology sweeps through the industry,

U.S. bank regulators ramp up scrutiny of AI use at financial companies
Economy|Education|Political

Where Trump has lost support with independents, according to AP-NORC polling

Independents have grown increasingly unhappy with President Donald Trump during his second term, particularly independents without a college degree

Where Trump has lost support with independents, according to AP-NORC polling
Business|Economy|Finance|Stock Markets|World

Betting giant Flutter's London exit deals another blow to UK markets

FanDuel owner Flutter Entertainment said on Friday it would delist from the London Stock Exchange in August while retaining its primary listing on the New York Stock Exchange,

Betting giant Flutter's London exit deals another blow to UK markets
Economy|Environment|Health|Political|World

Once beset by power outages, Puerto Ricans also hit with severe water shortages

Thousands of Puerto Ricans are struggling with water shortages so severe that the governor of the U.S. territory has activated the National Guard and emergency responders are fielding calls every day

Once beset by power outages, Puerto Ricans also hit with severe water shortages
Asia|Business|Economy|Science|Technology|World

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia has told Chinese clients that its new "Vera" central processors for AI data centres could be available as soon as August and that they can begin placing orders, three

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
Business|Economy|Europe|Finance|Stock Markets|World

ECB policymakers keep July hike on table

European Central Bank policymakers kept a follow-up rate hike in July on the table on Friday given rapid inflation, but said it was far too early to say if a move would

ECB policymakers keep July hike on table
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|World

Hope springs eternal, especially for markets

A look at the day ahead in European and global markets from Stella Qiu Hope, as the saying goes, springs external.

Hope springs eternal, especially for markets
Business|Economy|Entertainment|Science|Technology

SpaceX IPO makes Elon Musk the world's first trillionaire

Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in

SpaceX IPO makes Elon Musk the world's first trillionaire
Business|Economy|Environment|Health|Technology

Ford to recall more than 255,400 US vehicles over engine issue

Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve, which may malfunction, causing the engine to stall unexpectedly while driving, the U.S.

Ford to recall more than 255,400 US vehicles over engine issue
Business|Economy|Finance|Sports|World

UK economy began to feel fallout from Iran war in April, data shows

Britain's economy contracted by 0.1% in April, its first monthly drop since August as the Iran war's cancellation of Formula 1 Grand Prix

UK economy began to feel fallout from Iran war in April, data shows
Business|Economy|Europe|Finance|Stock Markets|World

French inflation rises to highest in over two years at 2.8% in May

Consumer prices in France rose 2.8% year-on-year in May, the highest level since February 2024, statistics office INSEE said on Friday, confirming a preliminary reading published

French inflation rises to highest in over two years at 2.8% in May
Asia|Business|Economy|World

Japan core inflation seen below BOJ target for fourth month in May: Reuters poll

Japan's core consumer inflation likely held steady in May at roughly the previous month's pace due to end of government fuel subsidies, leaving inflation below the Bank of

Japan core inflation seen below BOJ target for fourth month in May: Reuters poll
Business|Economy|Finance|Political|World

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports

India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the matter, as the war in Iran raises

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports
Business|Economy|Finance|World

Vale's top shareholder pushes for meeting on chairman's removal

Brazil's Vale, one of the world's largest iron ore producers, said on Thursday it

Vale's top shareholder pushes for meeting on chairman's removal
Business|Economy|Finance|World

Bank of Japan set to hike rates to 31-year high, drop hawkish signals

The Bank

Bank of Japan set to hike rates to 31-year high, drop hawkish signals
Business|Economy|Political|World

Trump nominates US Attorney Jay Clayton to be director of national intelligence

President Donald Trump is nominating Jay Clayton, the U.S. attorney for the Southern District of New York and a former Securities and Exchange Commission chairman, as director of national intelligence

Trump nominates US Attorney Jay Clayton to be director of national intelligence
Asia|Business|Economy|Finance|Stock Markets|World

Bank of Korea governor says interest rates to be raised 'on time'

South Korea's central bank governor said on Friday it was necessary to raise interest rates "on time" as inflation was expected to exceed the target for a considerable

Bank of Korea governor says interest rates to be raised 'on time'
Business|Economy|Environment|World

US summer driving season hits as gasoline supplies squeezed tight

U.S. vacationers are barreling into peak summer driving season just as the gasoline market faces a supply crunch, with resilient domestic demand and surging

US summer driving season hits as gasoline supplies squeezed tight
Business|Economy|Finance|Stock Markets|Technology

Musk's SpaceX raises $75 billion in largest IPO ever

Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at

Musk's SpaceX raises $75 billion in largest IPO ever
Economy|Political|US|World

Iran says no final decision made on deal that Trump hopes could be signed soon

President Donald Trump on Thursday said the United States and Iran could sign a peace deal as soon as this weekend that would

Iran says no final decision made on deal that Trump hopes could be signed soon
Business|Economy|Election|Finance|Political|World

US judge blocks Ken Paxton's lawsuit against Democratic fundraising platform ActBlue

A federal judge on Thursday blocked Republican Texas Attorney General Ken Paxton from continuing to pursue a lawsuit against the Democratic fundraising

US judge blocks Ken Paxton's lawsuit against Democratic fundraising platform ActBlue
Business|Economy|World

New Zealand manufacturing slips into contraction amid weak demand, higher costs

New Zealand's manufacturing activity contracted slightly in May, slipping back into negative territory after seven months of expansion, as businesses remained concerned

New Zealand manufacturing slips into contraction amid weak demand, higher costs
Economy|Political|World

The Latest: Trump says he’s called off new military strikes on Iran after threatening escalation

President Donald Trump says he’s called off new military strikes on Iran hours after threatening to escalate the 3-month-old war

The Latest: Trump says he’s called off new military strikes on Iran after threatening escalation
Business|Economy|Education|Finance|Political

The president’s Trump Accounts didn’t initially plan for foster kids — until the first lady’s office stepped in

The president’s Trump Accounts didn’t initially plan for foster kids — until the first lady’s office stepped in

The president’s Trump Accounts didn’t initially plan for foster kids — until the first lady’s office stepped in
Business|Economy|Education|Political

New Mexico judge dismisses a legal challenge to first-in-the-nation universal childcare program

A New Mexico judge has dismissed a challenge over the legality of the state's fledgling universal childcare program

New Mexico judge dismisses a legal challenge to first-in-the-nation universal childcare program
Economy|Environment|Health|Political|Science

Political blame game follows as screwworm parasite threatens cattle in Texas

The return of the screwworm parasite to the U.S. has some politicians trying to figure out who to blame

Political blame game follows as screwworm parasite threatens cattle in Texas
Business|Economy|Travel|World

Opening of Canada-US bridge that Trump threatened to block is delayed over unresolved 'issues'

The opening of a Canadian-U.S. bridge across the Detroit River, which President Donald Trump had previously threatened to block, has been delayed due to unresolved issues

Opening of Canada-US bridge that Trump threatened to block is delayed over unresolved 'issues'