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Today: June 04, 2026
Today: June 04, 2026

Economy

Business|Economy|Finance|US

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
Economy|Environment|Political|US|World

Water begins refilling Reflecting Pool after Trump's renovation to repaint it 'American flag blue'

President Donald Trump has announced that water has begun refilling the recently renovated Lincoln Memorial Reflecting Pool

Water begins refilling Reflecting Pool after Trump's renovation to repaint it 'American flag blue'
Business|Economy|Political|Technology|World

US Supreme Court backs FCC in clash with wireless carriers over fines

The U.S.

US Supreme Court backs FCC in clash with wireless carriers over fines
Business|Economy|Finance|Stock Markets|US|World

IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting

The International Monetary Fund on Thursday urged the Federal Reserve in its first policy meeting led by new Fed Chair Kevin Warsh to stay cautious on rates due to

IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting
Business|Economy|Finance|World

New York Fed finds elevated global supply chain pressure in May

By Michael S.

New York Fed finds elevated global supply chain pressure in May
Business|Crime|Economy|Education|Health|Political

Indonesia to 'refocus' free meal measures on more remote areas, official says

The Indonesian agency overseeing President Prabowo Subianto's flagship free meals programme will "refocus" its measures by cutting back on new kitchens and targeting

Indonesia to 'refocus' free meal measures on more remote areas, official says
Economy|Political|Science|World

First IAEA report on Iran's nuclear programme since February shows little change despite war

The U.N. nuclear watchdog sent a report to member states on Thursday with no major changes to its assessment of Iran's nuclear programme, despite three months of U.S.-

First IAEA report on Iran's nuclear programme since February shows little change despite war
Business|Economy|Political|World

US will uphold tariff caps in deals with EU, Japan and others, Trump's trade chief says

The United States will respect tariff caps in trade deals struck with the European Union, Japan and other countries, and planned U.S. tariffs over forced

US will uphold tariff caps in deals with EU, Japan and others, Trump's trade chief says
Business|Economy|Finance|World

US bank regulators to tout deregulatory agenda to lawmakers

The nation's top bank regulators plan to tell Congress on Thursday that their efforts to trim bank rules and oversight will bolster economic activity

US bank regulators to tout deregulatory agenda to lawmakers
Business|Economy|Europe|Finance|Stock Markets|World

Redemption requests rise at Blackstone, Partners Group as private markets strain

Swiss alternative asset manager Partners Group on Thursday flagged more withdrawal requests from its funds while Blackstone said it capped

Redemption requests rise at Blackstone, Partners Group as private markets strain
Business|Economy|Finance|Science|Stock Markets|Technology|US|World

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion in 2025, according to the Wall Street bank's forecasts shared with a

Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reports
Business|Economy|Finance|Stock Markets|World

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock

By Michael S.

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock
Business|Economy|Europe|Political|World

Romanian president nominates adviser Eugen Tomac as prime minister

Romania's centrist President Nicusor Dan designated his adviser Eugen Tomac as prime minister on Thursday, seeking to end a political crisis that has stalled policymaking

Romanian president nominates adviser Eugen Tomac as prime minister
Business|Economy|Environment|Health|Science

USDA expects to contain screwworm case in Texas, Rollins says

U.S.

USDA expects to contain screwworm case in Texas, Rollins says
Business|Economy|Environment|Finance|Technology

Walmart investors reject AI workplace report as automation expands in the US

By Nicholas P.

Walmart investors reject AI workplace report as automation expands in the US
Business|Economy|Political|US|World

The $9 billion issue at the heart of US-Cuba tensions

The $9 billion issue at the heart of US-Cuba tensions

The $9 billion issue at the heart of US-Cuba tensions
Business|Crime|Economy|Finance|Stock Markets|US

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases

The Supreme Court has upheld a broad reading of the authority of the Securities and Exchange Commission to recoup ill-gotten gains from people who engage in securities fraud

Supreme Court upholds broad reading of SEC authority to recoup ill-gotten gains in fraud cases
Business|Economy|Technology

US first-quarter worker productivity, labor costs revised lower

U.S. worker productivity growth slowed faster than initially thought in the first quarter, but the underlying trend remained strong and a boost is expected from

US first-quarter worker productivity, labor costs revised lower
Business|Economy|Europe|Technology|World

Airbus delivered 81 jets in May after China logjam eases

Airbus delivered 81 aircraft in May, up sharply from a year earlier, partly due to the release of planes caught up in a regulatory stand-off with China, industry sources said

Airbus delivered 81 jets in May after China logjam eases
Business|Economy|World

Mexico economy may beat OECD forecast, finance minister says

Mexico's economy could grow more than the OECD's latest forecast, Finance Minister Edgar Amador Zamora said in an interview with newspaper Milenio published late on

Mexico economy may beat OECD forecast, finance minister says
Business|Economy

US Postal Service not expected to run out of cash next year, official says

The U.S.

US Postal Service not expected to run out of cash next year, official says
Business|Economy|Finance|Stock Markets|Technology|World

S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks

The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record

S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks
Business|Economy|Finance|Stock Markets|World

Private credit funds face renewed withdrawals in second quarter

Private credit funds sold to wealthy investors face another test in the second quarter, as early filings point to continued redemption pressures driven by concerns over software

Private credit funds face renewed withdrawals in second quarter
Economy|Europe|Political|World

Germany and France pitch swifter benefits for EU hopefuls in Balkans, Moldova

Germany and France have proposed giving aspiring European Union members more opportunities to join EU programmes and access the single market before joining the bloc,

Germany and France pitch swifter benefits for EU hopefuls in Balkans, Moldova
Business|Economy|Finance|Stock Markets|Technology

CrowdStrike shares fall as 'Mythos moment' fails to cheer investors

CrowdStrike shares slid 7% on Thursday after the company's quarterly forecasts failed to meet steep investor expectations, even though demand for

CrowdStrike shares fall as 'Mythos moment' fails to cheer investors
Business|Economy|Finance|Political|Stock Markets

US Supreme Court backs SEC in fight over 'disgorgement' power

The U.S.

US Supreme Court backs SEC in fight over 'disgorgement' power
Asia|Economy|Finance|Stock Markets|US|World

Yen touches 160, dollar slips from two-month high amid Iran talks

The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the

Yen touches 160, dollar slips from two-month high amid Iran talks
Business|Economy|Finance|Stock Markets|Technology|US

Pinterest deepens Amazon partnership with $4 billion cloud deal

Pinterest said on Thursday it would pay Amazon Web Services $4 billion for cloud services through 2031, as the social media company strengthens a long-term partnership with its

Pinterest deepens Amazon partnership with $4 billion cloud deal
Business|Economy|Technology

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
Business|Economy|Finance|Stock Markets|Technology

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week

Geoffrey Kendrick, the global head of digital assets research at Standard Chartered and one of the most vocal crypto advocates, is sticking with his call for

Standard Chartered's crypto bull sticks to $100,000 bitcoin call despite 'painful' week
Business|Economy|Finance|Stock Markets

Blackstone private credit fund caps withdrawals as redemption requests jump

Blackstone has capped withdrawals at its ​flagship private credit fund as redemption requests rose in the second quarter, the

Blackstone private credit fund caps withdrawals as redemption requests jump
Business|Crime|Economy|Environment|Lifestyle

More than 50 Colorado drivers run over screws that fell off truck on Highway 285

More than 50 Colorado drivers run over screws that fell off truck on Highway 285

More than 50 Colorado drivers run over screws that fell off truck on Highway 285
Business|Economy|Health|Lifestyle|World

Melinda French Gates donates $215 million to improve women's health worldwide

Melinda French Gates is expanding her efforts to improve women's health worldwide, pledging $215 million for contraceptive access and maternal care, as well as initiatives for middle-age women

Melinda French Gates donates $215 million to improve women's health worldwide
Americas|Arts|Business|Crime|Economy|Entertainment|Europe|Finance|Interview|Lifestyle|Political|Stock Markets|US|Videos|World

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation

New details revealed of Epstein assistant’s abuse allegations as GOP lawmakers call for DOJ investigation
Business|Economy|Finance|Political|World

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February

The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran

US jobless aid filings, a proxy for layoffs, hit highest level since Iran war began in February
Arts|Business|Economy|Entertainment|Europe|Finance|Stock Markets

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails

Universal Music Group said on Thursday it has repurchased some

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails
Economy|Environment|Health|Science|World

Hungary reports African swine fever in domestic pigs for first time

Hungarian authorities ordered the culling of 3,000 pigs on a farm after African swine fever was reported in domestic pigs for the first time in the country, the National

Hungary reports African swine fever in domestic pigs for first time
Business|Economy|Education|Environment|Political|World

Brunei's sultan announces cabinet shake-up, appoints sons as ministers

Brunei's ruler announced a major cabinet reshuffle on Thursday, creating new key portfolios and appointing two of his younger sons as ministers, in a sign of

Brunei's sultan announces cabinet shake-up, appoints sons as ministers
Asia|Business|Economy|Technology|World

Singapore Airlines in talks for major new jet order, sources say

Singapore Airlines (SIA) is in talks with Airbus and Boeing to buy at least 50 of the industry's biggest jets, as it plans a next phase

Singapore Airlines in talks for major new jet order, sources say
Economy|Education|Science|Technology

We analyzed paper money printed by Ben Franklin to uncover his anti‑counterfeiting techniques and materials innovations

Ben Franklin led an effort to print paper bills in the American colonies, after a coin shortage constrained the economy.

We analyzed paper money printed by Ben Franklin to uncover his anti‑counterfeiting techniques and materials innovations
Business|Economy|Finance|World

Foreign investors pivot to short India debt ahead of policy turn

Overseas investors are opting for short-term Indian government bonds as they find attractive entry points amid expectations of the interest rates cycle

Foreign investors pivot to short India debt ahead of policy turn
Business|Economy|World

Canadian dollar will strengthen if progress made in USMCA review: Reuters poll

Canada's dollar will strengthen over the coming year against its U.S. counterpart so long as the domestic economy recovers and progress is made in the

Canadian dollar will strengthen if progress made in USMCA review: Reuters poll
Business|Economy|Finance|Stock Markets|US

Jack Daniel's maker Brown-Forman posts stronger sales, sees challenging demand ahead

Whiskey maker Brown-Forman on Thursday warned of strained consumer spending behavior for the year even as the Jack Daniel's maker reported better-than-expected quarterly sales on

Jack Daniel's maker Brown-Forman posts stronger sales, sees challenging demand ahead
Arts|Economy|Education|Entertainment|Environment|Finance|Health|Lifestyle|Political|Science|Sports|Technology|World

Coloradans are getting squeezed by credit cards while trying to navigate high costs

About a third of Americans report using high-interest credit cards for everyday expenses as costs continue to rise.

Coloradans are getting squeezed by credit cards while trying to navigate high costs
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase to four-month high; worker productivity revised down

The number of Americans filing claims for unemployment benefits increased more than expected last week, touching their highest level in four months,

US weekly jobless claims increase to four-month high; worker productivity revised down
Business|Economy|Finance|Health|US

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report

The labor market’s next chapter is taking shape. Here’s what to watch for in Friday’s jobs report
Business|Economy

Zohran Mamdani’s capitalist plan to fix the housing crisis

Zohran Mamdani’s capitalist plan to fix the housing crisis

Zohran Mamdani’s capitalist plan to fix the housing crisis
Business|Economy|Finance|Stock Markets|Technology

Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom shares slumped more than 14% on Thursday, dragging chip peers lower, after the company's results fell short of lofty expectations

Broadcom set to shed $300 billion in value as AI results fail to impress
Business|Economy|Education|Environment|Europe|Finance|Science|Stock Markets|Technology|World

Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10

Amazon unveils new AI warehouse robot in $12 billion Europe push
Business|Economy|Environment|Science|Technology

US Senate faces tough vote on nationwide E15 gasoline sales expansion

Supporters of a long-stalled push to expand nationwide sales of higher-ethanol E15 gasoline are pursuing an uphill

US Senate faces tough vote on nationwide E15 gasoline sales expansion
Business|Economy|World

Britain plays down concern on India trade deal, hints at implementation delay

Talks between Britain and India on implementing a free trade deal are moving quickly and going well, trade minister Peter Kyle said, suggesting the deal

Britain plays down concern on India trade deal, hints at implementation delay
Economy|Europe|Political|World

German far-right AfD party official meets with Putin adviser, Gazprom boss

A senior member of Germany's far-right Alternative for Germany (AfD) met one of Russian President Vladimir Putin's top advisers as well as the head of energy group Gazprom

German far-right AfD party official meets with Putin adviser, Gazprom boss
Africa|Crime|Economy|Political|World

African migrants flee into the mountains as South Africa's xenophobic violence surges

Four days ago, Mozambican immigrant Lado Amido answered a knock at his door in the South African town of Kleinmond.

African migrants flee into the mountains as South Africa's xenophobic violence surges
Business|Economy|Election|Finance|Political|World

Peru's leftist Roberto Sanchez seeks centrist appeal ahead of presidential runoff

Left-wing congressman Roberto Sanchez is striking a more pragmatic tone ahead of Peru’s June 7 presidential runoff against conservative

Peru's leftist Roberto Sanchez seeks centrist appeal ahead of presidential runoff
Business|Economy|World

India sees 'perfect complimentarity' with Venezuela in energy trade amid Gulf crisis

India and Venezuela sought to boost their ties in the energy sector on Thursday with New Delhi saying that Caracas sees it as a preferred partner in the sector at a time

India sees 'perfect complimentarity' with Venezuela in energy trade amid Gulf crisis
Economy|Europe|Political|World

EU preparing economic support package for Armenia after Russian pressure on it

The European Union is preparing an economic support package worth an initial amount of €50 million ($58.1 million) for Armenia after Russia hit Armenia with some trade

EU preparing economic support package for Armenia after Russian pressure on it
Economy|Political|World

Lebanon ceasefire raises hopes of progress for Iran deal

Israel and Lebanon agreed to implement a new ceasefire after U.S.-mediated talks, the Trump administration said, raising hopes for

Lebanon ceasefire raises hopes of progress for Iran deal
Business|Economy|Finance|Stock Markets|World

Summer clouds

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The S&P 500 failed to clock its 10th straight daily gain on Wednesday

Summer clouds
Business|Economy|Europe|Finance|World

EU delays bank risk capital framework by three years, awaiting US, standards

The European Commission will delay the introduction of a new market risk capital framework for banks for three years to see how the U.S. and Britain implement the same

EU delays bank risk capital framework by three years, awaiting US, standards
Business|Economy|Political|World

India's Modi meets Delcy Rodriguez as India expands Venezuela oil imports

Indian Prime Minister Narendra Modi has held talks with Venezuela’s acting President Delcy Rodriguez

India's Modi meets Delcy Rodriguez as India expands Venezuela oil imports
Australia|Business|Economy|Technology|World

Australia's Lynas Rare Earths names Pol Le Roux interim CEO

Australia's Lynas Rare Earths said on Thursday that Chief Operating Officer Pol Le Roux will take over as interim CEO from June 30, marking a leadership transition at the world's

Australia's Lynas Rare Earths names Pol Le Roux interim CEO
Business|Economy|Europe|Finance|Stock Markets|World

UK construction activity shrinks at fastest pace since 2020, PMI shows

Activity in Britain's construction sector slowed at the sharpest pace in six years last month as economic uncertainty and rising inflation triggered by the Iran war led to a

UK construction activity shrinks at fastest pace since 2020, PMI shows
Business|Economy|Finance|Stock Markets|World

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports

Broadcaster Fuji Media Holdings received stronger-than-expected interest for its real estate subsidiary Sankei Building, attracting bidders including KKR, Blackstone and Goldman

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports
Business|Economy|Political|World

Vietnam says USTR forced labour conclusion does not reflect its efforts

Vietnam's foreign ministry said on Thursday that the U.S.

Vietnam says USTR forced labour conclusion does not reflect its efforts
Business|Economy|Europe|Finance|MidEast|Stock Markets

European shares rise as oil slips, investors watch Middle East

European shares rose on Thursday as oil prices eased, although investors remained cautious on whether the latest developments in

European shares rise as oil slips, investors watch Middle East
Business|Economy|Political|Travel|World

China bans 4 New Zealand lawmakers after they visited Taiwan

Beijing has banned four New Zealand lawmakers from traveling to China for a year, demanding an apology for their visit to Taiwan

China bans 4 New Zealand lawmakers after they visited Taiwan
Business|Economy|Finance|World

Bank of Japan expected to raise rates this month, sources say

The Bank of Japan is expected to raise interest rates this month unless a sharp escalation in the Middle East conflict upends markets, three sources said, as

Bank of Japan expected to raise rates this month, sources say
Business|Economy|Lifestyle|World

Lebanese Americans open their wallets and hearts as war rages back home

Lebanese Americans are both grieving and taking action to support loved ones in their homeland who have been affected by the war between Israel and Hezbollah

Lebanese Americans open their wallets and hearts as war rages back home
Business|Economy|Finance|Stock Markets|Technology

SK Hynix tells investors its US listing plan wins their strong backing, source says

SK Hynix told investors this week it received "tremendously positive" feedback on its proposed U.S. listing as the chipmaker benefits from strong demand for

SK Hynix tells investors its US listing plan wins their strong backing, source says
Economy|Europe|Political|World

Sweden's centre-left opposition holds lead ahead of September election, stats office poll shows

Sweden's centre-left opposition looks likely to win power in the parliamentary election in September, ousting the right-wing government, according to an opinion poll

Sweden's centre-left opposition holds lead ahead of September election, stats office poll shows
Business|Economy|Travel|World

US investor Castlelake taps shipper MSC for potential easyJet bid, report says

U.S. investment firm Castlelake is looking at MSC, the world's largest shipping group, as a partner in a consortium for a potential takeover bid for British budget airline

US investor Castlelake taps shipper MSC for potential easyJet bid, report says
Business|Economy|Finance|Political|World

Russia ramps up aerial attacks as it struggles on the ground in Ukraine

Russia ramps up aerial attacks as it struggles on the ground in Ukraine

Russia ramps up aerial attacks as it struggles on the ground in Ukraine
Asia|Business|Economy|Finance|World

BOJ chief vows to debate 'pros and cons' of rate hike, signals June action

Bank of Japan Governor Kazuo Ueda said the central bank must discuss the pros and cons of raising interest rates if inflationary risks outweigh downside risks

BOJ chief vows to debate 'pros and cons' of rate hike, signals June action
Australia|Business|Economy|Finance|Stock Markets|World

Australia's central bank monitoring impact of higher rates, energy price shock

Australia's central bank is closely monitoring economic conditions to assess how higher interest rates and the global energy price shock are playing out, its top central

Australia's central bank monitoring impact of higher rates, energy price shock