U.S. World Business Lifestyle
Today: June 04, 2026
Today: June 04, 2026

Economy

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
Business|Economy|Europe|Technology|World

Europe's tech 'liberation day'? Computer says not yet

As the European Union unveiled its technology sovereignty package on Wednesday, a top official posted in glee: "Today is Tech Liberation Day".

Europe's tech 'liberation day'? Computer says not yet
Business|Economy|Environment|Finance|Technology|Travel|World

Global airline chiefs to confront Iran war fuel shock at industry summit

Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry's biggest crisis since the

Global airline chiefs to confront Iran war fuel shock at industry summit
Australia|Business|Crime|Economy|Health

Australian state cracks down on illegal tobacco shops as nicotine use surges

The Australian state of Victoria on Thursday introduced laws to give authorities more powers to shut down businesses selling illegal tobacco, as new data showed nicotine use

Australian state cracks down on illegal tobacco shops as nicotine use surges
Economy|Education|Political|World

From reform hopes to brutal crackdown - China's Tiananmen protests

Thursday marks 37 years since China bloodily suppressed pro-democracy demonstrations in and around central Beijing's Tiananmen Square, when Chinese troops opened fire on their own

From reform hopes to brutal crackdown - China's Tiananmen protests
Americas|Business|Economy|Finance|Political|Stock Markets|World

Mexico's popular former president blasts Trump as US ties hit low

Former Mexican President Andrés Manuel López Obrador accused Washington on Wednesday of employing "interventionist and unscrupulous practices" to bolster

Mexico's popular former president blasts Trump as US ties hit low
Asia|Business|Economy|Science|Technology

Foxconn and Intel team up to build next-gen AI systems

Foxconn said on Thursday it will work with U.S. chipmaker Intel to jointly develop and deploy next-generation AI infrastructure and intelligent computing platforms in a move

Foxconn and Intel team up to build next-gen AI systems
Asia|Business|Economy|Science|Technology

TSMC working hard to meet chip demand, would 'like' to hike prices

Taiwan's TSMC, the world's largest contract chipmaker, is striving to keep up with demand and avoid becoming a bottleneck in the global supply chain

TSMC working hard to meet chip demand, would 'like' to hike prices
Asia|Business|Economy|Finance|Stock Markets|World

BOJ's Ueda pivots to inflation-fighting mode, clearing path for steadier hikes

Bank of Japan Governor Kazuo Ueda has all but cemented a June rate hike in a clear narrative pivot toward inflation fighting as the Iran war-driven energy

BOJ's Ueda pivots to inflation-fighting mode, clearing path for steadier hikes
Business|Economy|Finance|Stock Markets|World

Indonesia passes bill expanding central bank role to spur growth  

Indonesia's parliament on Thursday passed sweeping legislation that doubles down on Bank Indonesia's role to support growth, while

Indonesia passes bill expanding central bank role to spur growth  
Australia|Business|Economy|Political|World

Australia's lower house passes bill for biggest overhaul of taxes in decades

Australia's lower house of parliament passed a bill on Thursday for the government's biggest overhaul of taxes in decades, curbing tax breaks for property investors to make

Australia's lower house passes bill for biggest overhaul of taxes in decades
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

A ceasefire too far for markets

A look at the day ahead in European and global markets from Gregor Stuart Hunter Markets are in risk-off mode again as traders grapple with conflicting headlines: renewed fighting between the U.S. and

A ceasefire too far for markets
Business|Economy|Science|Technology

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff

Honeywell Aerospace told investors on Wednesday that it expects to book $6.5 billion in adjusted earnings by 2030, fueled by strong demand from jetmakers and

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff
Business|Economy|Finance|Stock Markets|World

How Indian markets could react to RBI's policy call

The Reserve Bank of India's rate decision on Friday is expected to be one of the closest policy calls in recent memory, with rising

How Indian markets could react to RBI's policy call
Arts|Business|Economy|Food

Treasury Wine bets on Penfolds-led luxury push to revive fortunes, shares soar 13%

Australia's Treasury Wine Estates said on Thursday it will double down on a handful of brands led by the iconic luxury Penfolds, and

Treasury Wine bets on Penfolds-led luxury push to revive fortunes, shares soar 13%
Business|Economy|Finance|Stock Markets|World

Global firms exploit India's IPO boom to take profits back to home countries

India's red-hot initial public offering market may look irresistible as foreign firms line up for listings, but the rush is not about raising funds to

Global firms exploit India's IPO boom to take profits back to home countries
Business|Economy|Political|Travel|World

New Zealand expresses concern over China lawmaker ban after Taiwan trip

New Zealand said on Thursday it would express its concerns to Beijing after China banned four New Zealand lawmakers from entry following their visit to Taiwan last month.

New Zealand expresses concern over China lawmaker ban after Taiwan trip
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|Finance|Science|Stock Markets|Technology

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players

Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations

AI companies are barreling toward huge Wall Street debuts. A look at the biggest players
Business|Economy|Political|Technology|World

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with

Meta accuses Australia of breaching FTA, invokes US 'trade action'
Business|Economy|Political|World

Japan government expects BOJ to coordinate policy steps with it, spokesperson says

Japan's government expects the Bank of Japan to conduct appropriate monetary policy toward a sustainable 2% inflation target that is driven by wage growth in close

Japan government expects BOJ to coordinate policy steps with it, spokesperson says
Business|Economy|Finance|Stock Markets|US

Sunshine Silver Mining raises $270 million in US IPO

Sunshine Silver Mining & Refining ​Company raised $270 million in its U.S. initial public offering on Wednesday, joining a growing number of companies rushing to seize buoyant

Sunshine Silver Mining raises $270 million in US IPO
Business|Economy|Environment|Technology

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

Gas engine manufacturer Innio said on Wednesday it has raised $2.43 billion in its U.S. initial public offering, as investors flock to companies powering the AI boom.

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO
Business|Economy|Education|Technology

US agency reviews school internet subsidies amid concerns about kids' screen time

The U.S.

US agency reviews school internet subsidies amid concerns about kids' screen time
Business|Economy|Finance|Stock Markets|World

SMFG aims to double sales and trading revenue to $5 billion, markets head says

Japan's Sumitomo Mitsui Financial Group is aiming to double revenue in its sales and trading business to 800 billion yen ($5 billion) within

SMFG aims to double sales and trading revenue to $5 billion, markets head says
Business|Economy|Travel|World

South Korea, China agree first expansion in flight rights in seven years

South Korea and China have agreed to expand weekly flight rights between the countries for the first time in seven years, Seoul's transport ministry said on Thursday, in

South Korea, China agree first expansion in flight rights in seven years
Business|Economy|Environment|Political|World

Trump plans $700 million in new coal support, White House official says

U.S.

Trump plans $700 million in new coal support, White House official says
Economy|World

Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal

Israel and Lebanon agreed to implement a ceasefire to end hostilities, the Trump administration said on Wednesday, in a boost to hopes for

Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal
Business|Economy|Election|Political|World

South Korea Lee's ruling party sweeps local elections but loses Seoul mayor race

South Korean President Lee Jae Myung's ruling Democratic Party swept most major local races in elections held on Wednesday, but suffered a

South Korea Lee's ruling party sweeps local elections but loses Seoul mayor race
Australia|Business|Economy|World

Australia April goods trade back in surplus as exports rebound

Australia's balance on goods trade swung back into surplus in April after a surprise deficit the month before, data showed on Thursday, as a rebound in resource exports

Australia April goods trade back in surplus as exports rebound
Business|Economy|World

Trump makes it easier to fire 8,000 federal workers

Trump makes it easier to fire 8,000 federal workers

Trump makes it easier to fire 8,000 federal workers
Business|Economy|Environment|Health|Science

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production

Flesh-eating New World screwworm detected in Texas calf, USDA says, signaling major threat to food production
Business|Economy|Europe|Political|World

UK employers ask government to ease off on tax and price-gouging claims

The Confederation of British Industry called on Britain's government not to treat business as a cash cow or accuse companies of price-gouging as the

UK employers ask government to ease off on tax and price-gouging claims
Economy|Political|World

House votes to limit Trump’s Iran war powers in remarkable rebuke

House votes to limit Trump’s Iran war powers in remarkable rebuke

House votes to limit Trump’s Iran war powers in remarkable rebuke
Business|Economy|Environment|Science|Technology

SpaceX wins Texas tax breaks for chip project, ahead of record IPO

SpaceX secured tax incentives on Wednesday for its proposed Terafab chip manufacturing project in Grimes County, Texas,

SpaceX wins Texas tax breaks for chip project, ahead of record IPO
Business|Economy|Finance|Stock Markets|Technology

JPMorgan's Dimon to pitch SpaceX IPO to wealthy clients, source says

JPMorgan Chase CEO Jamie Dimon will pitch the upcoming initial public offering of SpaceX to the bank's wealthy clients this week in a bid to drive

JPMorgan's Dimon to pitch SpaceX IPO to wealthy clients, source says
Business|Economy|Finance|Stock Markets|Technology

Broadcom's sales and AI chip forecast comes in below expectations, shares tumble

Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday and its

Broadcom's sales and AI chip forecast comes in below expectations, shares tumble
Asia|Economy|Political|World

Rubio says China cannot erase memories of Tiananmen Square crackdown

Beijing's censorship cannot erase memories of its 1989 military assault on peaceful demonstrators in Tiananmen Square, U.S.

Rubio says China cannot erase memories of Tiananmen Square crackdown
Business|Economy|Sports

MLB Commissioner Rob Manfred worries cap proposal could lead to repeat of 1994-95 strike

Baseball Commissioner Rob Manfred worries the owners' salary cap proposal could lead to a work stoppage like the one that canceled the 1994 World Series

MLB Commissioner Rob Manfred worries cap proposal could lead to repeat of 1994-95 strike
Business|Economy|Finance|Stock Markets|US|World

Fed's Warsh inherits economy increasingly squeezed by inflation

Federal Reserve Chairman Kevin Warsh inherits an economy bolstered by an AI investment boom but pinched by rising prices from the Iran war, a Fed

Fed's Warsh inherits economy increasingly squeezed by inflation
Business|Economy|Finance|Stock Markets

Vanguard index product becomes first ETF to top $1 trillion in assets

The Vanguard S&P 500 ETF, the index investing pioneer's flagship exchange-traded product, became the first in the history of ETFs to reach and

Vanguard index product becomes first ETF to top $1 trillion in assets
Business|Economy|Environment|Health|US

Flesh-eating screwworm confirmed in Texas calf as parasite crosses border from Mexico

New World screwworm, a parasitic fly that eats warm-blooded animals alive, has been found in a calf in

Flesh-eating screwworm confirmed in Texas calf as parasite crosses border from Mexico
Business|Economy|Europe|World

US tariff doubling cut EU steel exports by 34%, steel body says

EU steel exports to the U.S. have fallen by 34% since Washington hiked tariffs to 50%, with higher duties on derivative products such as washing

US tariff doubling cut EU steel exports by 34%, steel body says
Business|Economy|World

Trump signs order to make it easier to fire 8,000 federal workers

U.S.

Trump signs order to make it easier to fire 8,000 federal workers
Business|Celebrity|Economy|Entertainment|Sports

Looking for NBA Finals seats? The Knicks are making 2 in celebrity row available in an auction

The New York Knicks are auctioning two celebrity row seats for Game 3 at Madison Square Garden, when the NBA Finals return to New York for the first time since 1999

Looking for NBA Finals seats? The Knicks are making 2 in celebrity row available in an auction
Business|Crime|Economy|Political|World

Homeland Security secretary says ICE will increase new officer training next month

Homeland Security Secretary Markwayne Mullin says Immigration and Customs Enforcement will increase training for new officers

Homeland Security secretary says ICE will increase new officer training next month
Business|Economy|Finance|Stock Markets|Technology

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire

SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire
Business|Crime|Economy|Finance|Stock Markets|US|World

Live updates: House passes resolution to halt military action in Iran in rebuke of Trump

The House approved a war powers resolution that would halt the U.S. military action against Iran, defying President Donald Trump as a handful of Republicans joined with Democrats to seek to end the war

Live updates: House passes resolution to halt military action in Iran in rebuke of Trump
Business|Economy|Education|Election|Environment|Finance|Political|Stock Markets|US|World

House approves war powers resolution to halt military action against Iran, in a rebuke of Trump

The House for the first time has approved a war powers resolution that would halt the U.S. military action against Iran

House approves war powers resolution to halt military action against Iran, in a rebuke of Trump
Business|Economy|Finance|Stock Markets|Technology

SpaceX sets the stage for a record $75 billion IPO

SpaceX sets the stage for a record $75 billion IPO

SpaceX sets the stage for a record $75 billion IPO
Business|Economy|Finance|Stock Markets|US|World

Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
Business|Economy|Finance|Technology|World

Bank of America to hire interns, campus recruits despite AI threat

Bank of America said on Wednesday it would welcome about 4,000 summer interns and full-time campus hires, signaling a commitment to entry-level talent even as the rise of AI fuels

Bank of America to hire interns, campus recruits despite AI threat
Business|Economy|Environment|World

Oklahoma's attorney general sues to block aluminum smelter after Trump endorses rival

Oklahoma's attorney general has filed a lawsuit seeking to block Emirates Global Aluminum (EGA) and Century Aluminum from building the largest U.S. aluminum

Oklahoma's attorney general sues to block aluminum smelter after Trump endorses rival
Business|Economy|Finance|Political|Stock Markets

New York debt litigation bill hangs on last-minute Assembly move

New York State lawmakers must decide by the end of this week whether to advance a bill that would alter state law tied to foreign sovereign debt, setting

New York debt litigation bill hangs on last-minute Assembly move
Business|Economy|Finance|Stock Markets|World

Trading Day: War clouds and tech wobbles

Escalating tensions in the Middle East and a wave of profit-taking in AI and tech shares cast a long shadow over markets on Wednesday, depressing

Trading Day: War clouds and tech wobbles
Business|Economy|World

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says

Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says
Business|Economy|Election|Finance|Political|US|World

NAACP says US Postal Service voting plan violates settlement

The NAACP asked a federal court Wednesday to revive a 2020 lawsuit against the U.S.

NAACP says US Postal Service voting plan violates settlement
Business|Economy|Environment|Finance|Technology

TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion

Canadian power producer TransAlta Corp said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion,

TransAlta to buy Blackstone-backed Colorado gas-fired plants for $1 billion
Business|Crime|Economy|Environment|Finance|Lifestyle|Science|Technology|Travel|US|World

Fatal Virginia crash raises questions about bus safety and the records of the driver and company

A commercial bus crash in Virginia that killed five people and injured dozens of others has raised questions about the driver, the company that employed him and the overall safety of the industry

Fatal Virginia crash raises questions about bus safety and the records of the driver and company
Business|Economy|Finance|Political|Stock Markets|US

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits
Business|Economy|Science|Technology|World

Oil prices climb back toward $100, and US stocks halt their record-breaking rally

Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records

Oil prices climb back toward $100, and US stocks halt their record-breaking rally
Business|Economy|Environment|Political|World

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum

Ukrainian long-range drones have struck an oil terminal in St. Petersburg, setting it ablaze, according to President Volodymyr Zelenskyy

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum
Crime|Economy|Political|US

Fact check: The many lies Trump told the New York Post

Fact check: The many lies Trump told the New York Post

Fact check: The many lies Trump told the New York Post
Business|Economy|Finance|Stock Markets|Technology

Applied Aerospace & Defense valued at $3.5 billion as shares rise in debut

Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their market debut on Wednesday, the latest in a streak of

Applied Aerospace & Defense valued at $3.5 billion as shares rise in debut
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports

Bill Ackman's Pershing Square is looking to sell its stake in Universal Music Group, Bloomberg News reported on Wednesday, days after the music industry giant rebuffed the

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports
Business|Economy|Finance|Political|US|World

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks

President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks
Americas|Business|Economy|Finance|Stock Markets|World

Brazil's May trade surplus beats forecasts as prices lifts exports

Brazil's trade surplus reached $7.8 billion in May, official data showed on Wednesday, above market expectations, as higher prices drove export growth at a faster pace

Brazil's May trade surplus beats forecasts as prices lifts exports
Americas|Business|Economy|Political|World

Bolivia's new defense minister pledges to clear roadblocks as protests drag on

Bolivia's President Rodrigo Paz on Wednesday named Ernesto Justiniano as defense minister, who promised to clear roadblocks following weeks of social unrest and mass

Bolivia's new defense minister pledges to clear roadblocks as protests drag on
Economy|Education|Environment|Political|World

Five countries elected to UN Security Council; Germany misses out

The United Nations General Assembly on Wednesday elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago and Zimbabwe to the 15-member U.N.

Five countries elected to UN Security Council; Germany misses out
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|World

Citi hires Konstantynova as new COO for wealth from McKinsey

Andy Sieg, Citi's head of wealth management, announced on Tuesday the hiring of Nadiya Konstantynova as the division's new chief operating officer.

Citi hires Konstantynova as new COO for wealth from McKinsey
Americas|Business|Economy|Political|World

Brazil rejects proposed US tariffs related to forced labor

The Brazilian government expressed "deep disagreements" with the United States' proposal of new tariffs linked to forced labor in a statement on Wednesday, saying the

Brazil rejects proposed US tariffs related to forced labor
Business|Economy|Finance|Stock Markets|World

World shares drop, oil jumps as Middle East unrest deepens

Global stocks fell and oil prices climbed on Wednesday as hopes for a swift end to the Iran war faded, with renewed hostilities dampening risk appetite.

World shares drop, oil jumps as Middle East unrest deepens
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US|World

Wall Street ends lower as Middle East tensions escalate

Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked

Wall Street ends lower as Middle East tensions escalate
Business|Economy|Finance|Political|Stock Markets|US|World

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement
Business|Crime|Economy|Technology

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market
Business|Economy|Political|World

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine
Business|Crime|Economy|Education|Environment|Health|Lifestyle|US

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion
Business|Economy|Europe|Political

British trade minister says rejoining EU would not fix UK's issues

Rejoining the European Union would not "magically solve" Britain's issues, even if the country's long-term future lies with Europe, business and trade

British trade minister says rejoining EU would not fix UK's issues
Business|Economy|World

How US, Europe and Britain target goods made with forced labour

The United States has proposed new tariffs on imports from 60 economies after accusing trading partners of failing to keep goods made with forced labour out of their markets.

How US, Europe and Britain target goods made with forced labour
Business|Economy|Environment|Science|Technology

Tesla rolls out unsupervised robotaxis in Austin

Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing

Tesla rolls out unsupervised robotaxis in Austin
Business|Economy|Finance|Stock Markets|US|World

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'

Wall Street's nine-week rally has pushed U.S. stock indexes to successive new highs, but people who watch key options metrics warn that signs are

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'
Business|Economy|Finance|Sports|Stock Markets

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites

France may be leading one race for the World Cup trophy, but in the markets' version of the global showpiece tournament, retail and beverage stocks are

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites
Business|Economy|Political|World

US cites forced labor concerns as grounds for new tariffs

The Trump administration has proposed tariffs of up to 12.5% on imports from 60 countries after determining they had

US cites forced labor concerns as grounds for new tariffs
Business|Economy|Political|World

EU, US committed to complying with trade deal, says U.S. trade chief Greer

Both the European Union and the United States are committed to complying with their trade agreement, U.S.

EU, US committed to complying with trade deal, says U.S. trade chief Greer
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil gains as Middle East hostilities flare

Oil prices rose around 2% on Wednesday, extending the previous session's gains, as hostilities in the Middle East erupted anew and talks between Tehran and

Oil gains as Middle East hostilities flare
Business|Economy|Science|Technology

Automakers, retailers warn US memory-chip shortage is impacting prices

The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and

Automakers, retailers warn US memory-chip shortage is impacting prices
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Sports|Technology

Macy's raises annual outlook after the fourth straight quarter of sales gains

Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers

Macy's raises annual outlook after the fourth straight quarter of sales gains
Economy|Election|Finance|Political|Stock Markets|US

Republicans won the redistricting battle. Now voters will decide whether they win Congress

Republicans have won a partisan redistricting battle for Congress

Republicans won the redistricting battle. Now voters will decide whether they win Congress
Business|Economy|World

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets

Brazil's central bank is seeing demand-driven pressures contributing to inflation, Governor Gabriel Galipolo said on Wednesday, pointing to measures that exclude supply

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets
Business|Economy|Finance|Stock Markets|Technology

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions

Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions
Business|Economy|US|World

US factory orders post biggest gain in 11 months in April

New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods.

US factory orders post biggest gain in 11 months in April
Business|Economy|Education|US

US Senate to hold confirmation hearing for BLS commissioner nominee next week

The U.S.

US Senate to hold confirmation hearing for BLS commissioner nominee next week
Business|Economy|Food|World

Kraft Heinz CEO expects innovation push to accelerate next year

Kraft Heinz aims to accelerate product innovation next year, CEO Steve Cahillane told Reuters, as the packaged food company steps up investment to

Kraft Heinz CEO expects innovation push to accelerate next year
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street ends lower as Middle East tensions escalate

Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked

Wall Street ends lower as Middle East tensions escalate
Business|Economy|Election|Environment|Health|Political

MAHA candidate beats Trump's choice in Republican primary for Iowa governor

Businessman Zach Lahn's win in Iowa’s Republican gubernatorial primary over President Donald Trump's pick is a rare electoral setback for Trump

MAHA candidate beats Trump's choice in Republican primary for Iowa governor
Business|Economy|Europe|Political|World

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens
Economy|Health|Political|World

Indonesia arrests former nutrition agency head and officials in corruption investigation

Indonesia's former head of the National Nutrition Agency has been arrested on corruption charges related to a multibillion-dollar free-meals program

Indonesia arrests former nutrition agency head and officials in corruption investigation
Economy|Election|Finance|Political|US|World

Hilton, Becerra maintain leads in primary race for California governor

Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra maintained their leads in the open primary race for California

Hilton, Becerra maintain leads in primary race for California governor
Economy|Finance|World

Israel plans major settlement push across occupied West Bank

Israel's hardline finance minister announced on Wednesday a major expansion by more than 2,000 homes of three Jewish settlements in the occupied West

Israel plans major settlement push across occupied West Bank
Business|Economy|Finance|World

Canada's services PMI edges up to 18-month high, operating costs accelerate 

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the

Canada's services PMI edges up to 18-month high, operating costs accelerate 
Business|Economy|Technology|World

Resilient Saudi economy proves a draw for wartime Gulf business

When food-tech entrepreneur Sara Amini wanted to see where Gulf businesses were still spending despite the Iran war, she

Resilient Saudi economy proves a draw for wartime Gulf business
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Crime|Economy|Finance|Stock Markets

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says

Manhattan's top federal prosecutor said on Wednesday he and his staff are asking questions in the private asset marketplace about valuations, as concerns

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says
Business|Economy|Finance|Stock Markets|US|World

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S.

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance
Business|Economy|Political|World

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs

Mexico said on Wednesday that goods complying with the rules of origin under the United States-Mexico-Canada Agreement (USMCA) would be exempt from a proposed 10% U.S.

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs
Business|Economy|Finance|Stock Markets|Technology

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
Business|Economy|Environment|Science|Technology

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act

USA Rare Earth said on Wednesday it has signed agreements with the U.S.

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Finance|Stock Markets|World

Yen dips to 160 level, prompting warnings from Japanese officials

Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on

Yen dips to 160 level, prompting warnings from Japanese officials
Crime|Economy|Travel|World

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers
Business|Economy|Europe|Technology|World

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home

European Union leaders are pushing back against reliance on American and Asian tech companies

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home
Business|Economy|Finance|Stock Markets|Technology

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns

Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
Business|Economy|Lifestyle|Sports|World

In Argentina, amateur soccer offers a gritty economic lifeline

Emiliano Migueles starts his days early, delivering water.

In Argentina, amateur soccer offers a gritty economic lifeline
Business|Economy|Europe|Political|World

Bosnia seeks new peace envoy after sudden Schmidt exit

The body overseeing Bosnia's peace process meets on Wednesday to choose a new envoy to replace Germany's Christian Schmidt, who quit under what he said

Bosnia seeks new peace envoy after sudden Schmidt exit
Business|Economy|Environment|Travel|World

Strain grows on shipping industry with vessels stuck inside Hormuz

Even if the U.S. and Iran agreed to halt the war and open the Strait of Hormuz, ships trapped in the Gulf will be unable to leave without safety assurances,

Strain grows on shipping industry with vessels stuck inside Hormuz
Business|Economy|Finance|Stock Markets|US

US asset managers fall as investors brace for updates on private credit fund withdrawals

Shares of U.S. alternative asset managers fell in premarket trading on Wednesday as investors braced for second-quarter updates on redemptions from non-traded private credit funds,

US asset managers fall as investors brace for updates on private credit fund withdrawals
Business|Economy|World

US retailers brace for bigger consumer stress test as war drags on

With the Iran war stretching into its fourth month, U.S. retail companies that have so far banked on a resilient consumer could

US retailers brace for bigger consumer stress test as war drags on
Business|Economy|Travel|World

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Many airlines have been hit hard by price swings in the jet fuel market, and some are not in a position to hedge their exposure, the International Air

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says
Business|Economy|Political|Science|Technology|World

EU targets Big Tech dependence with 'made-in-Europe' drive

The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S.

EU targets Big Tech dependence with 'made-in-Europe' drive
Economy|Political|World

War may end in interim deal that leaves Iran battered but unbowed

The U.S.-Israeli war on Iran was meant to break the Islamic Republic.

War may end in interim deal that leaves Iran battered but unbowed
Business|Economy|Environment|Europe|Technology

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in the second half of this year in Europe, the Middle East and Africa, with plans to expand to

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year
Business|Economy|World

Bangladesh seeks new IMF lending deal, officials say

Bangladesh has requested a new loan arrangement from the International Monetary Fund and is exiting its current $5.5 billion programme, government officials said on Wednesday

Bangladesh seeks new IMF lending deal, officials say
Business|Economy|Finance|MidEast|Stock Markets|World

S&P 500, Dow tick lower on Middle East stalemate

The S&P 500 and the Dow opened lower on Wednesday, as a flare-up in the Middle East conflict drove oil prices higher and cast doubt on a quick resolution to the war.

S&P 500, Dow tick lower on Middle East stalemate
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

Macy's raises annual forecasts as luxury focus draws affluent shoppers

Macy's raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by strong demand for high-end apparel and

Macy's raises annual forecasts as luxury focus draws affluent shoppers
Business|Economy|Europe|Finance|Political|US|World

Russia bets on air war as it stumbles on the battlefield

Russia is pummeling major Ukrainian cities in an effort to sustain a sputtering war effort marked by a struggle to maintain momentum on the battlefield, where

Russia bets on air war as it stumbles on the battlefield
Business|Economy|Entertainment|Sports|Travel

Inflation and immigration fears threaten to dampen Miami’s economic benefits from the World Cup

The economic outlook for World Cup host cities isn’t looking good – but there’s still time to change that.

Inflation and immigration fears threaten to dampen Miami’s economic benefits from the World Cup
Arts|Business|Economy|Education|Environment|Finance|Health|Lifestyle|US

When private equity firms buy mobile home parks, rent increases leave residents with few affordable options in rural areas

It is far easier and cheaper to keep someone housed in a mobile home park than to build a new subsidized unit for them.

When private equity firms buy mobile home parks, rent increases leave residents with few affordable options in rural areas
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Disruption of Mideast energy supplies into next year would slam global economy

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy

Disruption of Mideast energy supplies into next year would slam global economy
Business|Economy|Technology

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says

Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding,

Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
Business|Economy|Science|Technology|World

Russia's Sberbank offers AI model to Global South states keen to bridge digital divide

(Amends dateline) By Gleb Bryanski and Elena Fabrichnaya ST.

Russia's Sberbank offers AI model to Global South states keen to bridge digital divide
Business|Economy|Finance|Political|Stock Markets|World

Indonesian parliamentary panel backs bill to expand role of central bank

JAKARTA, June 3 - The Indonesian parliament's financial commission and the government agreed at a hearing on Wednesday to reform the laws relating to the country's financial system and expand the

Indonesian parliamentary panel backs bill to expand role of central bank
Business|Economy|Finance|Stock Markets|World

Quantum leap

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices and bond yields have pushed higher as hostilities in the

Quantum leap
Economy|Europe|World

ECB June hike a done deal, another likely in September, economists say

The European Central Bank is set to raise its deposit rate to 2.25% on June 11, with another increase likely in September, as it

ECB June hike a done deal, another likely in September, economists say
Economy|Environment|Health|Political|World

How Cubans keep going, despite US pressure and fuel blockade

Felicia de la Caridad Alvarez, a resident of Old Havana, knows a thing or two about survival.

How Cubans keep going, despite US pressure and fuel blockade
Business|Economy|Finance|World

Dollar bears cling to optimism as war-led inflation tests Fed path: Reuters poll

The U.S. dollar is expected to stay range-bound in the near term before weakening later this year, FX strategists said in a Reuters survey, on optimism

Dollar bears cling to optimism as war-led inflation tests Fed path: Reuters poll
Business|Economy|Sports|Travel

World Cup gives North American transit a chance to shine - or be booed

The 2026 World Cup is soccer's biggest stage, and for some of North America's rail and bus operators it will be a critical audition.

World Cup gives North American transit a chance to shine - or be booed
Business|Economy|Finance|Stock Markets|Technology

AlphaSense nearly doubles valuation to $7.5 billion in new funding round

Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago.

AlphaSense nearly doubles valuation to $7.5 billion in new funding round
Business|Crime|Economy|Health|Political

Indonesia arrests officials over alleged corruption in free meals programme

Indonesian authorities arrested the recently dismissed head of an agency overseeing President Prabowo Subianto's flagship free meals programme on

Indonesia arrests officials over alleged corruption in free meals programme
Business|Economy|Europe|World

Switzerland rejects findings of U.S. forced labour investigation

The Swiss government on Wednesday rejected U.S. findings on how dozens of economies, including Switzerland, deal with goods produced by forced labour, a probe that prompted

Switzerland rejects findings of U.S. forced labour investigation
Business|Economy|Environment|Europe|Finance|World

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says

European automotive, construction, metals, chemicals and transport sectors could lose up to 1.3 million jobs this year as a result of a surge in energy prices caused by

EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says
Business|Economy|Finance|Science|Technology

The world’s biggest tech companies are betting big on computers that control themselves

The world’s biggest tech companies are betting big on computers that control themselves

The world’s biggest tech companies are betting big on computers that control themselves
Business|Economy|Health|World

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties

Cuba’s doctors are its biggest soft power export. Several Latin American countries are cutting ties
Business|Economy|Entertainment|Sports

NBA Finals: Would you pay $4,000 – for a nosebleed seat?

NBA Finals: Would you pay $4,000 – for a nosebleed seat?

NBA Finals: Would you pay $4,000 – for a nosebleed seat?
Business|Economy|Environment|Health|Technology

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says

Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists

British services firms suffered a small fall in activity in May as the strains of the Iran war pushed up their costs sharply and hit

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists
Business|Economy|Travel|World

Spanish hotel chain Melia exits Cuba over economic and geopolitical strains

Spanish hotel group Melia said on Wednesday it would immediately stop managing, marketing and providing brand services for 15 hotels in Cuba, pointing to the island's

Spanish hotel chain Melia exits Cuba over economic and geopolitical strains
Business|Economy|Europe|Stock Markets|World

European stocks fall as private market stress, Mideast tensions dent sentiment

European shares slipped on Wednesday as escalating Middle East tensions and fresh jitters over private markets pushed investors

European stocks fall as private market stress, Mideast tensions dent sentiment
Economy|Europe|World

Some signs point to larger inflation risk than in 2022, ECB blog argues

It is not a given that the current inflation shock facing the euro zone will be more benign than the 2022 episode, as some initial conditions flag larger inflationary

Some signs point to larger inflation risk than in 2022, ECB blog argues