Breaking News

U.S. equity funds draw weekly inflows as tech rally lifts sentiment

U.S. equity funds drew inflows in the week to May 27 as a rally in AI-linked technology stocks lifted sentiment, though concerns surrounding the U.S.-Iran peace negotiations kept purchases in check.According to LSEG Lipper data, investors bought a net $1.97 billion of U.S. equity funds, compared with a net $12 billion of selling in the previous week.Nvidia highlighted robust demand for its flagship AI chips last week, fueling inflows into technology sector funds.Investors bought a net $2.75 billion of technology sector funds in an eighth successive week of buying. Financial and industrial sec

Russian official warns Europe to brace for more drone incidents after Romania episode

GM-LG battery company delays return of laid-off workers to Ohio plant

Business|Economy|Finance|Stock Markets|US

Unrealised losses at US private credit lenders deepen

Unrealised losses at U.S. private credit lenders deepened in the first quarter to their worst level since 2022, while the amount of interest income they received in kind, rather than cash, stayed high, filings and data reviewed by Reuters showed.Private credit has faced growing scrutiny as higher borrowing costs strain some middle-market companies and investors focus more closely on valuations, non-accruals and redemption requests at non-traded vehicles. A Reuters analysis of 51 business development companies, or BDCs, showed aggregate unrealised losses equalled 2.35% of net asset value in th

Massachusetts sues UnitedHealth unit for allegedly defrauding Medicaid program

Wall St edges higher at open with Mideast deal updates in focus

Crime|Political|US|World

US judge temporarily blocks Trump's $1.8 billion 'weaponization' fund

A U.S. judge on Friday temporarily blocked President Donald Trump's administration from setting up a nearly $1.8 billion fund to compensate victims of what Trump has called government “weaponization."The order by U.S. District Judge Leonie Brinkema of the Eastern District of Virginia blocks the Trump administration from "taking any further action" to set up or operate the fund while the judge hears additional legal arguments.The Justice Department announced the creation of an "Anti-Weaponization Fund" last week as part of an agreement to settle Trump's lawsuit against the Internal Revenue S

Mexican senate approves amendment so elections can be annulled for foreign interference

Iran calls for actions not words after US officials say peace deal is near

US News

See all »

Economy|MidEast|Political|US|World

Vance says US not there yet on Iran, but close

U.S. Vice President JD Vance on Thursday told reporters that Washington was "not there yet" with Iran on an agreement but that the parties were close, adding that the U.S. was in a position where it could substantially set back Tehran's nuclear program.The United States and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz, pending U.S. President Donald Trump's approval, sources told Reuters.Vance said there were a couple of sticking points in talks with Tehran concerning its enriched uranium stockpile and the quest

Election|Political|US

How James Talarico is working to win over Black voters who strongly backed Jasmine Crockett

At James Talarico’s first rally after Ken Paxton became his opponent in their US Senate race, one of Texas’ most prominent Black leaders, Rodney Ellis, acknowledged he had supported Talarico’s opponent, Rep. Jasmine Crockett, in their hard-fought Democratic primary.“That was then, this is now,” Ellis said on Wednesday. “There’s too much at stake to be petty.”It was a notable vote of confidence from Ellis, a Harris County commissioner and former state senator from Houston. Yet it also showed how Talarico is still building inroads with Black voters nearly three months after they

A spin-off deal saved TikTok’s US future. Sen. Ed Markey is questioning if it puts national security at risk

How do US arms sales to Taiwan work and why are they such a sore point for China?

In new memoir, Jill Biden wonders whether acknowledging Joe's poor debate would have been better

In her new memoir, former first lady Jill Biden reflects on former President Joe Biden's poor debate performance against Donald Trump nearly two years ago and wonders whether it would have been better to acknowledge it rather than reassure supporters afterward. The Democrat's performance ultimately proved to be his undoing as he campaigned for reelection, amplifying concerns about whether the then-81-year-old could serve a second term. He ultimately dropped his bid under pressure from within his party and endorsed his vice president, Kamala Harris, who lost to the Republican Tru

Celebrity|Election|Entertainment|US

LA mayor candidate Spencer Pratt distances himself from past 9/11 conspiracy comments, says he was ‘young and naive’

Years before Spencer Pratt emerged as a high-profile insurgent candidate in the Los Angeles mayor’s race, the former reality TV star immersed himself in the world of noted conspiracy theorist Alex Jones — telling Jones’ audience in 2009 that the September 11 attacks were “100%” an inside job and urged his fans on social media to watch a widely debunked film that pushed the same claim.In a series of July 2009 posts on X, then known as Twitter, Pratt praised “Loose Change” — a debunked conspiracy film central to the 9/11 Truth movement — writing that “anyone who can watch tha

Shrey Parikh bounces back, battles nerves and dominates spell-off to win the National Spelling Bee

A history of E. Jean Carroll's legal battle with President Donald Trump

World News

See all »

Another day, another Iran deal moment

A look at the day ahead in European and global markets from Tom WestbrookA weekend wait looms over markets as sources have told Reuters that the U.S. and Iran have reached an agreement to extend their ceasefire and reopen the Strait of Hormuz, with the crucial final step now resting with U.S. President Donald Trump's approval.For now, market moves have been modest in Asia. The dollar was steady and bonds held on to gains made earlier in the week, as investors hope higher fuel price pressure will leave Trump little room to walk away.Rising global interest rates are also adding urgency for a Mid

Crime|Health|Political|Travel|World

Pregnant woman and son from Ghana have been detained for more than a week at Dulles Airport, attorneys say

Anabella Gyasi and her 4-year-old son touched down at Washington Dulles International Airport more than a week ago on tourist visas. They are still there, her attorneys say, confined to “a windowless room with a single bed and toilet.”A federal judge is set to hear arguments Friday on the future of the pregnant woman, who came to the United States from Ghana for a medical appointment for her child but also acknowledged to authorities she planned to seek asylum, according to court documents.Her attorneys allege she is being held illegally.“Ms. Gyasi secured the necessary visas for her son

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Stop worrying about Ebola: Protect yourself from contagious viruses you may actually encounter

Environment|Political|Science|Technology|World

Iran’s nuclear stockpile — a key part of negotiations to end the war and a focus of Trump’s — explained

What happens to Iran’s enriched uranium stockpile, including the 970 pounds that it has highly concentrated to near-weapons grade, is one of the primary sticking points as the US and Iran have trudged through weeks of negotiations to potentially end the Iran war.President Donald Trump has insisted that Iran must hand over what he calls its “nuclear dust.” Iranian officials have repeatedly said that the country has a right to a non-weapons nuclear program.But what is in Iran’s stockpile, and what does it mean for Iran’s ability to build a nuclear weapon?With the right equipment, the h

Business|Economy|Political|Travel|World

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Department of Homeland Security Secretary Markwayne Mullin has become preoccupied with an idea to punish cities and states that do not cooperate with federal immigration enforcement — cutting customs staffing at their airports and possibly stopping the processing of international travelers all together.But the ambitious plan is hitting turbulence: It has sent the travel industry and local officials reeling because of its disruptive potential, has been publicly opposed by a fellow Cabinet secretary, and has not yet been greenlit by the White House.If “radical left Democrats” aren’t allo

Oil prices fall 2% as market awaits possible US-Iran ceasefire deal

Hantavirus-exposed cruise passengers may soon be allowed to return home but must remain under 24/7 watch

Latest

Business|Economy|Environment|Political|World

Oil prices fall 2% as market awaits possible US-Iran ceasefire deal

Economy|Education|Political|Sports|World

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Crime|Health|Political|World

6 protesters arrested after clash with ICE officers outside a New Jersey detention center

Protesters have clashed with armed federal immigration officers in front of a New Jersey detention center where advocates have asserted detainees are staging a hunger strike

Crime|MidEast|Political|World

Israeli and Russian forces added to UN blacklist for sexual violence in conflict zones

Crime|Europe|Political|World

NATO members condemn Russia after drone slams into Romania apartment building, wounding two

Business|Economy|Political|Travel|World

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Economy|MidEast|Political|World

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Business|Economy|Science|Technology

For the third time this month, a chip giant has joined the $1 trillion club

Look of the Week: New York City Mayor Zohran Mamdani celebrates Eid in an Arsenal-themed outfit

Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on the launch pad during an engine-firing test

A rocket belonging to Jeff Bezos' Blue Origin has exploded during a test at the launch pad

California & Local

See all »

Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls