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Today: June 12, 2026
Today: June 12, 2026

Economy

Business|Economy|Finance|Science|Stock Markets|Technology

SpaceX by the numbers: Six charts map businesses behind the largest-ever IPO

SpaceX made its Nasdaq debut on Friday, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and

SpaceX by the numbers: Six charts map businesses behind the largest-ever IPO
Business|Economy|Finance|Stock Markets|Technology

Adobe CFO exit fans strategy worries despite outlook raise

Adobe on Thursday announced the exit of CFO Dan Durn, adding to concerns about the Photoshop maker's strategy to navigate the crowded design industry, though the

Adobe CFO exit fans strategy worries despite outlook raise
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Peace beckons ... again

Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S.

Trading Day: Peace beckons ... again
Business|Economy|Finance|Political|Stock Markets|US|World

Trump picks top Manhattan federal prosecutor as next intelligence chief

President Donald Trump on Thursday nominated Jay Clayton, the top U.S. attorney for Manhattan, to be the next U.S. spy chief, amid a

Trump picks top Manhattan federal prosecutor as next intelligence chief
Business|Economy|Finance|Stock Markets|US

Lennar sees third quarter deliveries below estimates as housing market stays sluggish

Lennar forecast third-quarter home deliveries below Wall Street estimates on Thursday amid a persistently weak U.S. housing market, sending its shares down 3.2% after the bell.

Lennar sees third quarter deliveries below estimates as housing market stays sluggish
Business|Economy|Political|US|World

Trump nominates Jay Clayton to top intelligence post amid uproar over prior, interim pick

Trump nominates Jay Clayton to top intelligence post amid uproar over prior, interim pick

Trump nominates Jay Clayton to top intelligence post amid uproar over prior, interim pick
Economy|Political|US|World

Trump calls off latest threats to strike Iran, citing a breakthrough in talks to end the war

U.S. President Donald Trump has called off new military strikes on Iran, hours after threatening to escalate the war

Trump calls off latest threats to strike Iran, citing a breakthrough in talks to end the war
Business|Economy|Finance|Political|World

Argentina's inflation slows to 8-month low in a boost for President Milei

Economic data has shown Argentina’s inflation slowing for the second straight month in May

Argentina's inflation slows to 8-month low in a boost for President Milei
Business|Economy|Finance|Stock Markets|Technology

Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivatives

Before SpaceX goes public, crypto exchanges are giving traders a way to make risky bets on the company's future share price.

Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivatives
Business|Economy|Finance|Technology|World

Honeywell targets $2 billion-$4 billion deals, eyes industrial automation M&A

Honeywell on Thursday said it is targeting deals valued at $2 billion to $4 billion and sees scope for acquisitions in its industrial automation business

Honeywell targets $2 billion-$4 billion deals, eyes industrial automation M&A
Business|Economy|Finance|Stock Markets|Technology|World

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX

Investment leaders from four large states pressed Nasdaq and FTSE Russell for

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
Economy|World

Argentina May inflation slows for second straight month to 2.1%, below forecasts

Argentina recorded slower inflation in May for the second month in a row, below analyst forecasts, even as the 12-month figure increased, data from national

Argentina May inflation slows for second straight month to 2.1%, below forecasts
Business|Economy|Finance|Stock Markets|US|World

US appeals court extends block on ruling against Trump's 10% global tariff

A U.S. appeals court on Thursday extended its block on a lower court ruling against the Trump administration's 10% global tariff under Section 122 of

US appeals court extends block on ruling against Trump's 10% global tariff
Business|Economy|Science|Technology

Musk's SpaceX prices record $75 billion IPO at $135 a share

SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the

Musk's SpaceX prices record $75 billion IPO at $135 a share
Business|Economy|Finance|Stock Markets|World

Wall Street indexes jump, Trump says strikes against Iran canceled

U.S. stocks ended sharply higher on Thursday, with indexes extending gains after U.S.

Wall Street indexes jump, Trump says strikes against Iran canceled
Economy|Political|World

Trump says 'great' Iran settlement will trigger opening of Strait of Hormuz

U.S.

Trump says 'great' Iran settlement will trigger opening of Strait of Hormuz
Australia|Business|Economy|Finance|Stock Markets|World

Australia's central bank to pause on June 16; a minority still see Q3 rate hike: Reuters poll

The Reserve Bank of Australia will pause its tightening cycle on June 16, according to a Reuters poll of economists as a cooling economy gives

Australia's central bank to pause on June 16; a minority still see Q3 rate hike: Reuters poll
Business|Economy|Finance|Stock Markets|Technology

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again

U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again
Business|Crime|Economy|Environment|Health|Science|Technology

More than 30 lawsuits filed against aerospace company in California over damaged chemical tank

More than 30 lawsuits have been filed against GKN Aerospace after one of the company’s tanks containing a highly flammable chemical overheated and threatened a catastrophic explosion in California's Orange County

More than 30 lawsuits filed against aerospace company in California over damaged chemical tank
Economy|Finance|Political|US|World

FISA spy powers are almost certain to expire after Congress fails to act

A key surveillance tool that allows the United States to collect intelligence abroad appears certain to expire

FISA spy powers are almost certain to expire after Congress fails to act
Economy|Environment|Science|World

El Niño has arrived - what is it and how it affects global weather

El Niño is officially here and may become one of the strongest on record, but what is this global weather influencing phenomenon? CNN Meteorologist Derek Van Dam shows what it is and how it might affect you.

El Niño has arrived - what is it and how it affects global weather
Business|Crime|Economy|Environment|World

Man accused of using magnet to steal diesel fuel across the Gulf Coast

Man accused of using magnet to steal diesel fuel across the Gulf Coast

Man accused of using magnet to steal diesel fuel across the Gulf Coast
Business|Crime|Economy|Education|Entertainment|Lifestyle

2 sentenced after pleading guilty for roles in viral downtown Cincinnati brawl

2 sentenced after pleading guilty for roles in viral downtown Cincinnati brawl

2 sentenced after pleading guilty for roles in viral downtown Cincinnati brawl
Business|Economy|Education|Opinion

Why corporate inclusion policies are moral decisions, not just business ones

Before asking whether inclusion is good for business, we should ask whether it is the right thing to do, two scholars argue.

Why corporate inclusion policies are moral decisions, not just business ones
Business|Economy|Finance|Stock Markets|US

Citi hires Ryan Beaupré as MD in consumer and retail investment banking push

Citigroup has made another hire this week to strengthen its consumer and retail investment banking group, with Ryan Beaupré joining as a managing

Citi hires Ryan Beaupré as MD in consumer and retail investment banking push
Business|Economy|Finance|Stock Markets|US|World

US producer inflation posts largest annual gain in 3-1/2 years as energy prices surge

U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict boosted the

US producer inflation posts largest annual gain in 3-1/2 years as energy prices surge
Africa|Economy|Political|World

US plans to deport Iranians to Central African Republic, sources say

The Trump administration plans to deport a number of Iranians and other migrants to Central African Republic, a

US plans to deport Iranians to Central African Republic, sources say
Business|Economy|Europe|Political|Technology|World

Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays

Italy will ramp up its official defence budget this year, but NATO allies should rethink military priorities as warfare is transformed by drones,

Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays
Business|Economy|Finance|Stock Markets|US|World

John Delaney's Forbright valued at roughly $900 million in Nasdaq debut

Forbright, founded by former U.S.

John Delaney's Forbright valued at roughly $900 million in Nasdaq debut
Business|Economy|Science|Technology

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports

June 11 - AI firm Anthropic is planning to lease and manage its own data centers and is seeking financial backing from Alphabet's Google for the lease payments, The Information reported on Thursday.

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports
Business|Economy|Finance|Political|Stock Markets|World

Oil drops as Trump cancels planned strikes against Iran

Oil prices fell on Thursday after U.S.

Oil drops as Trump cancels planned strikes against Iran
Business|Economy|Finance|Political|World

UK defence minister quits, says Starmer not spending enough to keep country safe

British defence minister John Healey quit on Thursday over a months-long dispute over military spending, accusing Prime

UK defence minister quits, says Starmer not spending enough to keep country safe
Business|Economy|Finance|Stock Markets|World

Equities rally, dollar dips with oil as Trump cancels Iran attacks

MSCI's global equities index rallied on Thursday while the dollar and bond yields fell, along with oil futures, on renewed hopes for

Equities rally, dollar dips with oil as Trump cancels Iran attacks
Business|Economy|Finance|Stock Markets|World

Dollar falls after Trump halts US strikes on Iran

The dollar dropped sharply against major peers on Thursday after President Donald Trump called off plans for renewed U.S. military strikes on Iran at the

Dollar falls after Trump halts US strikes on Iran
Business|Economy|Finance|Political|Stock Markets|US|World

US Congress rejects short-term FISA extension as expiration looms

The U.S.

US Congress rejects short-term FISA extension as expiration looms
Business|Economy|World

Exxon's head of global trading is retiring, sources say

Exxon Mobil's head of global trading Tracey Gunnlaugsson is retiring, two sources with knowledge of the matter

Exxon's head of global trading is retiring, sources say
Business|Economy|Education|Political

Melania Trump unveils a spinoff of Trump Accounts for children in foster care

First lady Melania Trump and Treasury Secretary Scott Bessent have announced the launch of Fostering the Future Accounts, designed to help foster children

Melania Trump unveils a spinoff of Trump Accounts for children in foster care
Business|Economy|Environment|Food|Health

After a historically dry 2025 monsoon, local farm hoping for a bounce-back

After a historically dry 2025 monsoon, local farm hoping for a bounce-back

After a historically dry 2025 monsoon, local farm hoping for a bounce-back
Arts|Economy|Education|Entertainment|Political|Sports

At least six states are bowing out of Trump’s ‘Great American State Fair’

At least six states are bowing out of Trump’s ‘Great American State Fair’

At least six states are bowing out of Trump’s ‘Great American State Fair’
Business|Economy|Finance|Stock Markets|Technology

Oracle shares slide as hefty AI spending, debt plans spook investors

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the

Oracle shares slide as hefty AI spending, debt plans spook investors
Business|Economy|Europe|Finance|Stock Markets|World

Elliott mulls $2.67 billion takeover of UK's The Very Group, Sky News reports

U.S.-based investment firm Elliott Advisors has joined bidders considering a takeover of The Very Group in a deal that could value the British online retailer at £2 billion ($2.67

Elliott mulls $2.67 billion takeover of UK's The Very Group, Sky News reports
Business|Economy|Europe|Political|World

Geneva steps up security for 50,000-strong G7 protest as France hosts summit

France plays host to a Group of Seven summit next week but it is shopkeepers in neighbouring Switzerland who have already boarded

Geneva steps up security for 50,000-strong G7 protest as France hosts summit
Business|Economy|Environment|Finance|Stock Markets|US|World

USDA cuts U.S. winter wheat harvest outlook after Plains drought

The U.S.

USDA cuts U.S. winter wheat harvest outlook after Plains drought
Business|Economy|Election|Finance|Political|Stock Markets|US|World

US midterm advertising bill to hit record $11.6 billion, fueled by Senate races, AdImpact says

The U.S. midterm elections in November are projected to cost $11.6 billion, a record for political advertising in any electoral cycle, fueled in part by surging spending in Senate

US midterm advertising bill to hit record $11.6 billion, fueled by Senate races, AdImpact says
Business|Economy|Finance|Political|Stock Markets|US

Wall Street regulator proposes to scrap 'order protection rule'

The U.S.

Wall Street regulator proposes to scrap 'order protection rule'
Business|Economy|World

Once an Arab oil embargo victim, US becomes world's top oil exporter

The United States has become the world's largest oil exporter, upending a decades-

Once an Arab oil embargo victim, US becomes world's top oil exporter
Economy|Europe|Finance|Stock Markets|World

IMF cuts 2026 euro zone growth forecast with higher inflation, warns  worse could come

The International Monetary Fund cut its growth forecast for the euro zone on Thursday and raised its expectation for inflation because of the U.S.-

IMF cuts 2026 euro zone growth forecast with higher inflation, warns  worse could come
Business|Economy|Europe|Political|World

US and EU near deadline on $11.5 billion tariffs in long-running aircraft dispute

The United States and the European Union have yet to decide whether to continue suspending or to reimpose tariffs on $11.5 billion of goods in a

US and EU near deadline on $11.5 billion tariffs in long-running aircraft dispute
Economy|Europe|World

EU presidency proposes small cut to bloc's 2028-2034 budget to kick off negotiations

The European Union's budget for 2028-2034 should be 2% smaller than the 2 trillion euros proposed last year, the Cypriot EU presidency proposed on

EU presidency proposes small cut to bloc's 2028-2034 budget to kick off negotiations
Business|Economy|Political|US|World

US lawmakers seek $750 million for Ukraine, rename Pentagon 'Department of War' in defense bill

The U.S.

US lawmakers seek $750 million for Ukraine, rename Pentagon 'Department of War' in defense bill
Business|Economy|Travel|World

US, Canada delay opening of new bridge after Trump raised objections

The U.S. and Canada have decided to delay the opening of a new $4.7 billion bridge connecting Detroit and Windsor, Ontario, that was set to open in

US, Canada delay opening of new bridge after Trump raised objections
Business|Economy|Finance|Stock Markets|Technology

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports

Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on Thursday,

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports
Business|Economy|Europe|World

Being on US sanctions list not sufficient to refuse EU bank account, court rules

Inclusion on a United States sanctions list is not sufficient on its own for a refusal to open a bank account in the European Union, the Court of Justice of the European

Being on US sanctions list not sufficient to refuse EU bank account, court rules
Business|Economy|World

Grupo Mexico, U.S. partner eye Argentina grain freight network in Milei privatization push

Mexico's Grupo Mexico Transportes USA (GMXT) has struck a deal with U.S. rail technology company Wabtec to jointly bid for Argentina's state-run

Grupo Mexico, U.S. partner eye Argentina grain freight network in Milei privatization push
Business|Economy|Finance|Stock Markets|US|World

Average US long-term mortgage rate rises to 6.52%, just below its high for the year

The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started

Average US long-term mortgage rate rises to 6.52%, just below its high for the year
Economy|Environment|Political|Science|World

Brazil reports drop in Amazon deforestation rates, pushing back on US tariff accusations

Brazilian officials have announced a significant drop in deforestation rates

Brazil reports drop in Amazon deforestation rates, pushing back on US tariff accusations
Business|Economy|Education|Environment|Lifestyle|Technology

Girls Only Construction Camp in Florida preps students for a growing industry

Girls Only Construction Camp in Florida preps students for a growing industry

Girls Only Construction Camp in Florida preps students for a growing industry
Business|Economy|Finance|Stock Markets|Technology

SpaceX IPO draws more than $70 billion in retail orders, Bloomberg News reports

Elon Musk's SpaceX has drawn more than $70 billion in orders from retail investors for its blockbuster initial public offering, Bloomberg News reported on Thursday, citing people

SpaceX IPO draws more than $70 billion in retail orders, Bloomberg News reports
Business|Economy|Finance|Political|Stock Markets|US

US Supreme Court rules against private suits brought under key securities law

The U.S.

US Supreme Court rules against private suits brought under key securities law
Business|Economy|Finance|World

Bangladesh unveils $77 billion budget, eyes 6.5% growth

Bangladesh unveiled a 9.38 trillion taka ($77 billion) national budget on Thursday, targeting 6.5% economic growth and 7.5% inflation as the government seeks to revive an

Bangladesh unveils $77 billion budget, eyes 6.5% growth
Business|Economy|Environment|Science|World

El Nino conditions are present, US forecaster says

El Nino conditions are present and expected to strengthen into the Northern Hemisphere winter of 2026–27, the U.S. Climate Prediction Center said on Thursday.

El Nino conditions are present, US forecaster says
Business|Economy|Entertainment|Sports|Technology|World

Nike's World Cup play: take on Adidas and revitalize the brand

As the World Cup kicks off, Nike and Adidas are competing on and off the field. Nike needs a win.

Nike's World Cup play: take on Adidas and revitalize the brand
Economy|Environment|Political|World

Israel sends West Bank settlement funding plan to security cabinet

Israel's cabinet on Thursday referred a plan to allocate 1 billion shekels ($339.7 million) for the establishment of new settlements in the occupied West Bank to the

Israel sends West Bank settlement funding plan to security cabinet
Business|Economy|Finance|Stock Markets|Technology

Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Oppenheimer became the first global brokerage to start coverage of SpaceX, ahead of the rocket and AI company's highly anticipated $75 billion market debut on Friday.

Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook
Business|Economy|Technology

Embraer hails growing jet backlog, sees main E2 engine issues solved

Brazilian planemaker Embraer said on Thursday its commercial aviation unit has a backlog of more than $15 billion and that the main

Embraer hails growing jet backlog, sees main E2 engine issues solved
Business|Economy|Finance|Stock Markets|World

Four developed market central banks are now hiking rates

The developed market rate-hiking club is getting bigger, as the European Central Bank on Thursday joined counterparts in Australia,

Four developed market central banks are now hiking rates
Economy|MidEast|Political|World

Taking Kharg Island would pose risks for US troops

President Donald Trump said on Thursday he wants to take over Kharg Island, Iran's oil infrastructure hub.

Taking Kharg Island would pose risks for US troops
Business|Economy|Europe|Finance|World

ECB governors eye July pause after first hike, sources says

European Central Bank policymakers see keeping interest rates on hold at their next meeting in July as the more likely scenario, if energy prices stayed near their

ECB governors eye July pause after first hike, sources says
Business|Economy|Political|World

Canada says bilateral deals with US will accompany USMCA review

The Canadian minister responsible for Canada-United States trade Dominic LeBlanc said on Thursday that there will be bilateral deals with the U.S. along with the review of

Canada says bilateral deals with US will accompany USMCA review
Business|Economy|Finance|Stock Markets|Technology

Elon Musk's SpaceX is about to make its debut on Wall Street

Elon Musk’s rocket company SpaceX is set to make its debut on Wall Street Friday

Elon Musk's SpaceX is about to make its debut on Wall Street
Business|Economy|Sports|Travel|World

Here’s everything you can expect from World Cup kickoff day

Here’s everything you can expect from World Cup kickoff day

Here’s everything you can expect from World Cup kickoff day
Business|Economy|Finance|Political|Stock Markets|US|World

Trump again has a key Iranian oil hub in his sights. Here’s what we know about Kharg Island

Trump again has a key Iranian oil hub in his sights. Here’s what we know about Kharg Island

Trump again has a key Iranian oil hub in his sights. Here’s what we know about Kharg Island
Economy|Finance

Inflation is the worst in three years. Kevin Warsh says that’s not the full story

Inflation is the worst in three years. Kevin Warsh says that’s not the full story

Inflation is the worst in three years. Kevin Warsh says that’s not the full story
Business|Economy|Political|World

Trump says US will hit Iran 'very hard,' take control of energy infrastructure

The United States will hit Iran "very hard tonight" and will soon take control of the Middle Eastern country's oil and gas infrastructure and markets, U.S.

Trump says US will hit Iran 'very hard,' take control of energy infrastructure
Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

Citing fallout from Iran war, World Bank cuts forecast for global economic growth
Business|Economy|Science|Technology|World

On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds

Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era

On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds
Business|Economy|Finance|Science|Technology

KKR launches $10 billion AI infrastructure company with Nvidia, Vistra

A KKR-led group on Thursday launched a new company with more than $10 billion in committed capital to finance the build-out of AI infrastructure, the latest effort by an

KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
Economy|Environment|Health|Science|Technology

US screwworm cases test months of federal preparation

The U.S. government is fast-tracking drugs and accelerating grant funding in its multi-agency strategy to beat back the New World screwworm, a parasite

US screwworm cases test months of federal preparation
Business|Economy|Europe|Finance|Stock Markets|World

Instant View: ECB raises interest rates, as widely expected

The European Central Bank raised interest rates on Thursday, in a aimed at curbing mounting inflationary pressures before a surge in energy costs triggered by the Iran war

Instant View: ECB raises interest rates, as widely expected
Business|Economy|Environment|Technology

EU curbs on Chinese inverters risk slowing solar rollout over security fears

The European Union's ban on public funding for Chinese-made solar inverters could affect more than a fifth of new

EU curbs on Chinese inverters risk slowing solar rollout over security fears
Business|Economy|World

Pakistan budget, hit by Iran war and IMF, to squeeze middle class

Pakistan's government will propose a budget on Friday that hits the middle class and registered businesses as it seeks to raise revenue and cut spending

Pakistan budget, hit by Iran war and IMF, to squeeze middle class
Business|Economy|Environment|Europe|World

Volkswagen to reduce workforce by 19,000 by end of year, CEO says

Volkswagen is pressing ahead with sweeping job cuts and cost reductions in Germany as planned, shrinking its workforce by 19,000 by the end of the year, CEO Oliver Blume is

Volkswagen to reduce workforce by 19,000 by end of year, CEO says
Business|Economy|Finance|World

US weekly jobless claims increase marginally amid labor market resilience

The number of Americans filing claims for unemployment benefits increased marginally last week, pointing to continued labor market resilience in early June.

US weekly jobless claims increase marginally amid labor market resilience
Business|Economy|Finance|World

High US mortgage rates to keep housing market subdued: Reuters poll

High mortgage rates will keep turnover in U.S. residential housing subdued this year and next with very modest price rises, according to property

High US mortgage rates to keep housing market subdued: Reuters poll
Asia|Economy|Political|World

China sanctions Philippine defence chief over 'erroneous remarks'

China's foreign ministry announced sanctions on Thursday against Philippine Defence Secretary ⁠Gilberto Teodoro and his close relatives, saying he had "repeatedly made

China sanctions Philippine defence chief over 'erroneous remarks'
Business|Economy|Europe|Finance|Stock Markets|World

ECB raises interest rates in long-telegraphed move

The European Central Bank raised interest rates as expected on Thursday, hoping to prevent an Iran war-induced surge in energy prices from broadening out into higher

ECB raises interest rates in long-telegraphed move
Business|Economy|Finance|World

Developing world's 'complex' debt could raise costs, stall restructurings, Lazard says

Increasingly complex debt in the world's emerging markets could raise borrowing costs and delay debt restructurings, advisory firm Lazard said on

Developing world's 'complex' debt could raise costs, stall restructurings, Lazard says
Economy|Europe|World

Fuel stations in Crimea run dry after fresh night of Ukrainian drone strikes

Fuel stations on the Russian-held Crimean peninsula were out of petrol on Thursday, Reuters witnesses said, as a Ukrainian campaign against supply

Fuel stations in Crimea run dry after fresh night of Ukrainian drone strikes
Economy|Sports|Travel|World

Pricey World Cup keeps fans away, hits US hotels, airlines

Hours before the World Cup kickoff, the boost to travel and tourism expected from this year’s biggest sporting event has yet to

Pricey World Cup keeps fans away, hits US hotels, airlines
Business|Economy|Europe|Political|World

China urges economic cooperation on Macron-led video call ahead of G7 summit

China's vice premier urged economic cooperation and inclusive growth during a video call hosted by French President Emmanuel Macron on

China urges economic cooperation on Macron-led video call ahead of G7 summit
Business|Economy|Europe|Finance|Stock Markets|World

ECB raises rates to nip war-driven inflation in the bud

The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope of curbing

ECB raises rates to nip war-driven inflation in the bud
Business|Economy|Environment|Finance|World

World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets

The World Bank on Thursday cut its global growth forecast for 2026 to 2.5% due to the war in the Middle East, and said growth could slow to just 1.3%

World Bank cuts global growth outlook to 2.5%, warns of drop to 1.3% if war fallout spreads to markets
Business|Economy|Europe|MidEast|Stock Markets

European shares snap four-day losing streak as investors weigh ECB rate hike

European shares closed higher on Thursday, snapping a four-day losing streak, as investors looked past escalating rhetoric from U.S.

European shares snap four-day losing streak as investors weigh ECB rate hike
Business|Economy|Europe|Political|World

France floats revamp of EU diplomacy with 'reinforced' role for Kallas, paper shows

French officials have suggested an overhaul of the EU's diplomatic service that could include boosting the role for foreign policy

France floats revamp of EU diplomacy with 'reinforced' role for Kallas, paper shows
Business|Economy|Science|Technology

Google in talks with Samsung to make part of next-gen chip, The Information reports

Alphabet's Google is in talks with Samsung Electronics to manufacture part of its next-generation artificial intelligence processor, The Information reported on Thursday, citing

Google in talks with Samsung to make part of next-gen chip, The Information reports
Business|Economy|Science|Technology

Anthropic v. OpenAI: Behind the bitter battle for the future of AI

If not for the intense rivalry between Anthropic and OpenAI, the generative AI boom might not have arrived so quickly.

Anthropic v. OpenAI: Behind the bitter battle for the future of AI
Business|Economy|Finance|Technology|World

Wall St opens higher on tech rebound, Middle East in focus

U.S. stocks opened higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on developments around the Middle East conflict.

Wall St opens higher on tech rebound, Middle East in focus
Business|Economy|Finance|Stock Markets|US|World

US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs

US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs

US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
Business|Economy|Environment|Science|Technology

Drone use poised to soar as FAA homes in on rule change allowing pilots to fly them out of sight

Allowing people to fly drones beyond their line of sight could greatly expand commercial applications.

Drone use poised to soar as FAA homes in on rule change allowing pilots to fly them out of sight
Business|Economy|Education|Science|Technology

Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectively

Anthropic will donate $150 million to launch a fellowship program called Claude Corps that plans to help nonprofits effectively use artificial intelligence by embedding 1,000 trained fellows in various organizations for a year

Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectively
Business|Economy|Environment|Science|World

El Nino is here and scientists fear it'll be big, bad and costly with heat, floods, droughts, fires

U.S. meteorologists say an El Nino has formed

El Nino is here and scientists fear it'll be big, bad and costly with heat, floods, droughts, fires
Business|Economy|Education|Lifestyle|Science|Technology

The skills people still perform better than AI, according to workplace experts

Many workers fear machines will supplant them as adoption of artificial intelligence accelerates

The skills people still perform better than AI, according to workplace experts
Business|Economy|World

US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds

U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran

US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
Economy|Education|Environment|Science|Technology

How the development of solar and wind farms on the Tibetan Plateau is affecting local communities

China’s national government policies on energy and economic development are changing pastoral life on the Tibetan Plateau.

How the development of solar and wind farms on the Tibetan Plateau is affecting local communities
Economy|Education|Environment|Science|Technology

How Pennsylvania towns are protecting themselves from the noise, heat and utility costs of massive data centers

Communities across the state are demanding to know how proposed data centers would affect their electric and water bills, landscapes and quality of life.

How Pennsylvania towns are protecting themselves from the noise, heat and utility costs of massive data centers
Business|Economy|Education

340 school-based job cuts "off the table" as Philadelphia Mayor Cherelle Parker seeks long-term funding

340 school-based job cuts "off the table" as Philadelphia Mayor Cherelle Parker seeks long-term funding

340 school-based job cuts "off the table" as Philadelphia Mayor Cherelle Parker seeks long-term funding
Business|Economy|Finance|Political|Sports|Stock Markets|US

Trump administration proposes new rules on prediction markets that would still allow most sports activity

Trump administration proposes new rules on prediction markets that would still allow most sports activity

Trump administration proposes new rules on prediction markets that would still allow most sports activity
Business|Economy|Europe|Finance|MidEast|US|World

Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war

Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week
Business|Economy|Education|Finance|Health|US|World

Too sick to work, but can they prove it? New Medicaid rule worries patients

Blood cancer survivor DeAnna Brandon worries about new Medicaid work requirements affecting her health coverage

Too sick to work, but can they prove it? New Medicaid rule worries patients
Economy|Environment|Political|Science|Technology

Americans wary of AI-driven data center boom, Reuters/Ipsos poll shows

Just one-in-three Americans approve of the fast pace of data-center construction that supports artificial intelligence and most

Americans wary of AI-driven data center boom, Reuters/Ipsos poll shows
Business|Economy|Finance|World

Pakistan economic survey projects real GDP growth at 3.7% in FY26

Pakistan's annual economic survey projected real GDP growth at 3.7% for the fiscal year ending June 2026, according to the report released on Thursday.

Pakistan economic survey projects real GDP growth at 3.7% in FY26
Business|Economy|Europe|Finance|Political|World

Kremlin shrugs off planned new EU sanctions on Russian banks

The Kremlin on Thursday shrugged off the prospect of new European Union sanctions against its banks, saying they had already been operating under sanctions for a long time

Kremlin shrugs off planned new EU sanctions on Russian banks
Business|Economy|Finance|Stock Markets|World

Learning to love the inflation

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Markets are getting hit on several fronts: war, inflation, interest

Learning to love the inflation
Business|Economy|Health

Some US employers to drop coverage of GLP-1 obesity drugs in 2027 as use increases

Some employers are planning to drop coverage of GLP-1 drugs for weight loss next year as more people take the medications, counteracting some savings from

Some US employers to drop coverage of GLP-1 obesity drugs in 2027 as use increases
Business|Economy|Technology|World

Wall St set to gain on tech rebound, Middle East in focus

U.S. stocks were set to open higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on

Wall St set to gain on tech rebound, Middle East in focus
Business|Economy|Finance|World

India demands end to US attacks on ships after three sailors killed

India urged the United States to halt strikes on shipping on Thursday after three U.S. attacks on Indian-crewed

India demands end to US attacks on ships after three sailors killed
Business|Economy|World

China cancels high-level meetings with EU, FT reports

China cancelled at short notice two diplomatic meetings planned with the European Union in Beijing this month, the Financial Times reported on Thursday, citing people familiar with

China cancels high-level meetings with EU, FT reports
Business|Economy|Europe|Travel|World

Ryanair, Europe’s biggest airline, investigated for charging parents to sit with their children

Ryanair, Europe’s biggest airline, investigated for charging parents to sit with their children

Ryanair, Europe’s biggest airline, investigated for charging parents to sit with their children
Business|Economy|Finance|Stock Markets|Technology

SpaceX wants regular investors to help its stock launch. Here's what to know before clicking 'buy'

When SpaceX makes its debut on the U.S. stock market, it wants smaller-pocketed, mom-and-pop investors to play a big role in what may be the biggest IPO ever

SpaceX wants regular investors to help its stock launch. Here's what to know before clicking 'buy'
Business|Economy|Finance|Stock Markets|Technology

Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride

As SpaceX prepares for its record-breaking $75 billion market debut with great fanfare, Wall Street traders

Wall Street buckles up for SpaceX liftoff, hoping for a glitch-free ride
Economy|Europe|Political|World

Ousted Turkish opposition leader's team resigns to trigger chairman vote

The team of the ousted leader of Turkey's main opposition, Ozgur Ozel, has resigned from the party's assembly, his office said on Thursday, adding that the move should

Ousted Turkish opposition leader's team resigns to trigger chairman vote
Australia|Business|Economy|Environment|World

BHP workers vote for strike action at Australian iron ore export hub

BHP workers at Port Hedland in Western Australia voted in favour of strike action, two unions said on Thursday, risking disruptions to iron ore shipments

BHP workers vote for strike action at Australian iron ore export hub
Economy|Political|World

US, Iran haggle over frozen funds as they inch toward interim deal, sources say

Efforts to reach an interim deal to end hostilities between Iran and the United States have intensified, Iranian and western sources told

US, Iran haggle over frozen funds as they inch toward interim deal, sources say
Africa|Business|Economy|Finance|World

Kenya sees risks to fiscal consolidation, oil output to power Uganda's growth

Finance ministers across East Africa presented their 2026/27 budgets on Thursday as investors focused

Kenya sees risks to fiscal consolidation, oil output to power Uganda's growth
Business|Economy|Environment|Science|World

India monsoon slows; below-average rain seen over next two weeks

India is expected to receive below-average rainfall over the next two weeks, especially in central and northern regions, as "western disturbances" have

India monsoon slows; below-average rain seen over next two weeks
Business|Economy|Environment|Europe|Political|Travel|World

What to know about the growing opposition to Trump family-linked resort in Albania

A massive coastal development project linked to Jared Kushner is facing resistance in Albania

What to know about the growing opposition to Trump family-linked resort in Albania
Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

Hugo Boss shares jump above offer price after Frasers' bid

Shares in Hugo Boss rose more than 11% on Thursday after its largest shareholder, Frasers Group, launched a $2.3 billion takeover bid for the

Hugo Boss shares jump above offer price after Frasers' bid
Business|Economy|Environment|Health|Technology|US

Ford to recall more than 548,000 US vehicles over defective center console

Ford is recalling 548,463 vehicles in the United States over an issue with the center console, the U.S. National Highway Traffic Safety Administration said on Thursday.

Ford to recall more than 548,000 US vehicles over defective center console
Business|Economy|Finance|World

BOJ's pivotal moment muddied by Ueda's absence

Heading into a defining week, Bank of Japan Governor Kazuo Ueda's absence leaves the central bank with a jarring optics problem just as it seeks to cement

BOJ's pivotal moment muddied by Ueda's absence
Business|Economy|Environment|Finance|Health|Stock Markets|Technology|US

Honda recalls over 1 million US vehicles due to defective tyre kit, NHTSA says

Honda Motor America is recalling 1,049,883 vehicles in the United States due to a defect in the tyre repair kit, the National Highway Traffic Safety Administration (NHTSA) said on

Honda recalls over 1 million US vehicles due to defective tyre kit, NHTSA says
Business|Economy|Environment|Europe|Finance|World

Kiel Institute cuts 2027 German growth forecast as energy shock weighs

Germany's economy is expected to recover more slowly than expected as higher energy prices linked to the Iran war weigh on households, companies and

Kiel Institute cuts 2027 German growth forecast as energy shock weighs
Business|Economy|Health|Science|World

Project Nashville: GSK boosts oncology rebuild with $11 billion Nuvalent deal

GSK's record $10.6 billion deal for U.S. company Nuvalent will accelerate the British drugmaker's rebuild of its cancer drug business as

Project Nashville: GSK boosts oncology rebuild with $11 billion Nuvalent deal
Asia|Business|Economy|World

Beijing's investment clampdown clouds outlook for Hong Kong banks, insurers

China's crackdown on cross-border investments is set to weigh on the lucrative businesses of banks, insurers and wealth managers in Hong Kong that tap into the riches of mainland

Beijing's investment clampdown clouds outlook for Hong Kong banks, insurers
Business|Economy|Travel|World

AirAsia X postpones Bahrain flight route due to regional conflict

Malaysian low-cost airline AirAsia X said on Thursday it has postponed the launch of its planned service via Bahrain until at least August due to the conflict in the

AirAsia X postpones Bahrain flight route due to regional conflict
Americas|Asia|Economy|Europe|MidEast|Political|World

Iran and Ukraine loom over G7 as France accommodates Trump

Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed

Iran and Ukraine loom over G7 as France accommodates Trump
Asia|Business|Economy|Finance|Stock Markets|World

World Bank says Indonesia's GDP to slow to 5% in 2026 as fiscal pressures rise

The World Bank said on Thursday that Indonesia's economic growth was expected to slow to 5% in 2026 as it comes under increasing fiscal strain from an ambitious spending

World Bank says Indonesia's GDP to slow to 5% in 2026 as fiscal pressures rise
Business|Economy|Europe|Finance|World

German construction sector says downturn not over, urges faster action

Germany's construction sector has not yet emerged from its downturn, with a tentative recovery being hit by a new geopolitical price shock, the head of its main industry

German construction sector says downturn not over, urges faster action
Arts|Economy|Entertainment|Environment|Political|Sports|Travel|World

Mexico City installed a chandelier in its metro for the World Cup. Then came the crush of memes

Chandelier and lamps reminiscent of “Harry Potter” or “Titanic” have been installed in Mexico City's busy Hidalgo metro station

Mexico City installed a chandelier in its metro for the World Cup. Then came the crush of memes
Asia|Economy|Political|World

Taiwan says it won't tolerate Chinese patrols, vows expulsions

Taiwan will not tolerate Chinese efforts to create a false impression of having jurisdiction over its waters, the island's coast guard said, vowing to "

Taiwan says it won't tolerate Chinese patrols, vows expulsions
Business|Economy|Environment|Europe|Political|Travel|World

G7 summit at Swiss-French border brings tight security in case violent protests occur

French and Swiss authorities are imposing pandemic-like border restrictions as the G7 summit begins

G7 summit at Swiss-French border brings tight security in case violent protests occur
Business|Economy|Technology|World

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

China's northeastern city of Changchun, home to the country's oldest automaker FAW Group, has released a draft plan through 2030 to revamp its decades-old auto sector,

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push
Business|Economy|Environment|Sports|World

Vietnam's Vingroup forges ahead with 'world's largest stadium' despite demand doubts

Vietnam's Vingroup is accelerating construction in Hanoi of what it says will be the world's largest stadium, betting that future demand will emerge

Vietnam's Vingroup forges ahead with 'world's largest stadium' despite demand doubts
Business|Economy|Finance|Political|Stock Markets|World

Tech and war jitters sap confidence

A look at the day ahead in European and global markets from Gregor Stuart Hunter Oil is back on the boil and equity markets are struggling to find a floor after this week's selloff triggered by fresh

Tech and war jitters sap confidence
Arts|Business|Economy|Entertainment|Political|Sports|Travel|World

The World Cup is in desperate need of a vibe shift. The matches have arrived just in time

The World Cup is in desperate need of a vibe shift. The matches have arrived just in time

The World Cup is in desperate need of a vibe shift. The matches have arrived just in time
Business|Crime|Economy|World

US Department of Justice formally moves to drop Halkbank case

The U.S.

US Department of Justice formally moves to drop Halkbank case
Economy|Education|Environment|World

UNHCR says fewer people displaced worldwide in 2025 but long-term refugee crisis persists

The number of people displaced worldwide by conflict and persecution fell in 2025 for the first time in a decade, but levels of refugees facing long-

UNHCR says fewer people displaced worldwide in 2025 but long-term refugee crisis persists
Business|Economy|Election|US|World

Trump lauds Armenia PM's 'decisive' election win in face of Russian pressure

U.S. President Donald Trump congratulated Armenian Prime Minister Nikol Pashinyan on Wednesday for his Civil Contract party's 'decisive victory' in weekend elections.

Trump lauds Armenia PM's 'decisive' election win in face of Russian pressure
Business|Economy|Finance|Stock Markets|US

Target investors reject proposal for independent board chair, sources say

(Corrects last paragraph to note that Target's $2 billion investment was additional to a previous $4 billion investment) By Nicholas P.

Target investors reject proposal for independent board chair, sources say
Business|Economy|Environment|World

UAW reaches deal with Dauch Corp after 10-day strike

The United Auto Workers has reached a deal with axle supplier Dauch Corp after a 10-day strike against the company at its Three Rivers, Michigan, plant,

UAW reaches deal with Dauch Corp after 10-day strike