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

Economy

Business|Economy|Finance|Stock Markets|US

CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Business|Crime|Economy|Environment|Science|Technology|World

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast
Business|Economy|Finance|World

Wall Street's record-setting run halts as AI stocks slump and oil prices rise

A sudden halt for technology stocks put the brakes on Wall Street's record-setting run

Wall Street's record-setting run halts as AI stocks slump and oil prices rise
Business|Economy|Food|Interview

Food truck feels the pinch from rising gas and food prices

Anabel Martinez, the owner of Eagles Tacos in Los Angeles, says her food truck business has taken a huge hit from the fluctuations in fuel and food prices since the beginning of the war in Iran. CNN’s Julia Vargas Jones speaks to Martinez about how she has been handling the economic turmoil and how she feels about the war.

Food truck feels the pinch from rising gas and food prices
Business|Crime|Economy|Finance|Science|Stock Markets|Technology|US

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial
Business|Economy|World

US appeals court pauses ruling against Trump's 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the

US appeals court pauses ruling against Trump's 10% global tariff
Business|Economy|Education|Environment|Europe|Health|Political

Who could replace Keir Starmer as Labour leader and Britain’s next prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s next prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s next prime minister?
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says end of war in Ukraine is very close

President Donald Trump said on Tuesday that the war in Ukraine is very close to ending and he believes there will be a settlement between Russia and Ukraine.

Trump says end of war in Ukraine is very close
Business|Economy|Europe|World

French economy resilient but Iran crisis weighs, central bank says in monthly report

French companies have so far absorbed the shock from the conflict in the Middle East, but pervasive uncertainty and higher energy costs are beginning to test the economy's

French economy resilient but Iran crisis weighs, central bank says in monthly report
Business|Economy|Environment|Political|World

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control
Business|Economy|Finance|Stock Markets

Blue Owl retail private credit fund inflows shrink amid investor nerves

Blue Owl has seen a 95% drop in new investments at its biggest credit fund for retail investors, according to a regulatory filing, as direct lending came under rising scrutiny.

Blue Owl retail private credit fund inflows shrink amid investor nerves
Economy|Environment|MidEast|Political|World

China and US agree on opposing Hormuz tolls, State Department says

Senior U.S. and Chinese officials agree that no country can be allowed to exact shipping tolls in the Strait of Hormuz, the State Department told

China and US agree on opposing Hormuz tolls, State Department says
Business|Economy|Political|US|World

PayPal to waive $30 million in fees to settle DOJ probe of minority business program

The U.S.

PayPal to waive $30 million in fees to settle DOJ probe of minority business program
Business|Crime|Economy|Finance|Stock Markets|US

Andrew Left accused of scaring retail investors as his LA trial gets under way 

U.S. prosecutors cast prominent short seller Andrew Left as an opportunist who profited by scaring retail investors, while his defense said Left

Andrew Left accused of scaring retail investors as his LA trial gets under way 
Business|Economy|Finance|Political|Stock Markets

US posts smaller budget surplus in April as tax refunds rise

The U.S. government posted a smaller $215 billion budget surplus in April due to bigger tax refunds this year and rising outlays, including higher

US posts smaller budget surplus in April as tax refunds rise
Business|Economy|Political|US|World

Trump says he doesn't need Xi's help on Iran

U.S.

Trump says he doesn't need Xi's help on Iran
Business|Economy|Education|Environment|Political

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park
Business|Economy|Environment|Political|World

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit

President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit
Business|Economy|Entertainment|Science|Technology

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk

OpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk
Economy|Health|Political|World

The Latest: Trump departs for high-stakes China summit as Iran war looms

President Donald Trump has departed for Beijing to meet with China's President Xi Jinping

The Latest: Trump departs for high-stakes China summit as Iran war looms
Business|Economy|Entertainment|Finance|Sports

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration

Negotiators for baseball players and owners have begun what figures to be lengthy and acrimonious collective bargaining negotiations to replace their labor contract that expires Dec. 1, with management likely to propose a salary cap system the union has vowed never to accept

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration
Business|Crime|Economy|Environment|US

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say
Economy|Finance|MidEast|Political|US|World

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game

Defense Secretary Pete Hegseth has faced tough questions from Republican and Democratic lawmakers about the Trump administration’s end game for the Iran war, the rising cost of the conflict and its impact on diminishing U.S. weapons stockpiles

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game
Business|Crime|Economy|Environment

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge

Prosecutors have filed criminal charges against the operator of the ship that crashed into Baltimore’s Francis Scott Key Bridge in March 2024 leading to the deaths of six construction workers

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge