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Today: May 06, 2026
Today: May 06, 2026

Economy

Business|Economy|Finance|World

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded
Africa|Business|Economy|World

China has now dropped tariffs on imports from every African country except 1

A China policy giving Africa’s biggest economies tariff-free access to its market for the next two years has come into effect

China has now dropped tariffs on imports from every African country except 1
Business|Economy|Europe|World

EU-Mercosur trade deal takes provisional effect, boosting hopes and concerns for millions

The long-awaited trade deal between the South American bloc Mercosur and the European Union is finally on, at least provisionally

EU-Mercosur trade deal takes provisional effect, boosting hopes and concerns for millions
Business|Economy|Europe|Political|World

King Charles III wins praise for deft handling of Trump on his US state visit

President Donald Trump praised King Charles III after the monarch's state visit this week, which is being hailed in the U.K. as a diplomatic triumph

King Charles III wins praise for deft handling of Trump on his US state visit
Business|Economy|Environment|Food|Lifestyle

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns
Economy|Political|World

Ceasefire hangs in the balance as Iran sends peace proposal to mediators

Ceasefire hangs in the balance as Iran sends peace proposal to mediators

Ceasefire hangs in the balance as Iran sends peace proposal to mediators
Business|Economy|Finance|World

UK factories, hit by Iran war, brace for higher costs and more delivery delays

A gauge of British manufacturers' cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the standoff in the

UK factories, hit by Iran war, brace for higher costs and more delivery delays
Business|Economy|Environment|Health

Colgate-Palmolive warns of $300 million cost hit from Middle East conflict

Colgate-Palmolive on Friday said it expects about $300 million in additional raw material and logistics expenses for the year, joining a host of global companies flagging significant

Colgate-Palmolive warns of $300 million cost hit from Middle East conflict
Business|Economy|Finance|Stock Markets|US|World

Cboe to cut staff by 20% as exchange operator sharpens focus on core business

Cboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20% reduction in its global workforce.

Cboe to cut staff by 20% as exchange operator sharpens focus on core business
Business|Economy|Environment|Political|World

Ukraine strikes Russian port of Tuapse again as environment crisis deepens

Ukrainian drones struck Russia's Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a mounting

Ukraine strikes Russian port of Tuapse again as environment crisis deepens
Business|Economy|World

HF Sinclair posts surprise quarterly profit on higher refining margins

HF Sinclair posted a surprise first-quarter adjusted profit on Friday, helped by higher refining margins, refined product sales and throughput volumes.

HF Sinclair posts surprise quarterly profit on higher refining margins
Business|Economy|Environment|Health|World

Iran crisis hampering aid to refugees as supply chain costs soar, UN warns

The cost of sending some aid to Sudan - the world's largest displacement crisis - has more than doubled since the Iran war disrupted shipping, pushing

Iran crisis hampering aid to refugees as supply chain costs soar, UN warns
Business|Economy|Finance|Stock Markets|World

Fed's Hammack says no longer appropriate to signal rate cut bias

By Michael S.

Fed's Hammack says no longer appropriate to signal rate cut bias
Business|Economy|Political|World

Fed should ditch rate-cut lean because of oil shock, policymakers say

By Howard Schneider and Michael S.

Fed should ditch rate-cut lean because of oil shock, policymakers say
Business|Economy|Finance|Stock Markets|World

Ares' record $30 billion fundraising eases private credit 'doomsday' fears

Ares Management, one of the biggest names in private credit, reported record first-quarter fundraising of about $30 billion on Friday, a sign

Ares' record $30 billion fundraising eases private credit 'doomsday' fears
Business|Economy|Environment|Science|Technology|World

BYD's sales downturn extends to eighth straight month

Chinese EV giant BYD's vehicle sales fell for an eighth straight month in April, down 15.5% from a year earlier and extending its longest-ever downturn as it struggles with

BYD's sales downturn extends to eighth straight month
Business|Economy|Health|Political|World

US criticises Zambia for lack of engagement as $1 billion health deal stalls

The United States has criticised Zambia for failing to engage on a new health aid agreement governing more than $1 billion in U.S. funding, saying repeated outreach from

US criticises Zambia for lack of engagement as $1 billion health deal stalls
Business|Economy|Finance|Stock Markets|US|World

Lazard's profit surges on asset management inflows amid market volatility

Investment bank Lazard reported a 67% jump in first-quarter profit on Friday, as resilient client demand boosted its asset management business during a period of heightened market

Lazard's profit surges on asset management inflows amid market volatility
Business|Economy|Science|Technology

AI data center boom is leaving consumer electronics short of chips − even though they don’t use the same kinds

Data centers need powerful chips, while smartphones need chips that are energy efficient. A supply chain scholar explains why chipmakers’ focus on the former comes at the expense of the latter.

AI data center boom is leaving consumer electronics short of chips − even though they don’t use the same kinds
Business|Economy|Education|Environment

England’s ‘once in a generation’ housing law takes effect as US housing legislation sits in congressional purgatory

The US and UK both face a housing crisis. But while US policy has stalled, the UK has just enacted major protections for renters.

England’s ‘once in a generation’ housing law takes effect as US housing legislation sits in congressional purgatory
Business|Economy|Education|Health|Science

Syphilis cases in expectant mothers have dramatically risen since the pandemic – here’s what’s driving the trend

First-trimester screening and intervention has the greatest potential to prevent maternal syphilis. But 1 in 4 pregnant people do not have access to prenatal care during the first trimester.

Syphilis cases in expectant mothers have dramatically risen since the pandemic – here’s what’s driving the trend
Business|Economy|Environment|Science

What’s in the price of a gallon of gas?

As US gas prices climb, politicians are looking at ways to lower them. An economist breaks down what does − and doesn’t − move the number on the sign at the gas station.

What’s in the price of a gallon of gas?
Business|Economy|Political|World

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances
Business|Economy|Environment|Finance|Stock Markets|US|World

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices
Business|Economy|Finance|World

Deere names insider Brent Norwood as finance chief

Tractor maker Deere on Friday named company insider Brent Norwood as its chief financial officer, following the departure of long-time finance chief Joshua Jepsen in February.

Deere names insider Brent Norwood as finance chief
Asia|Business|Economy|Europe|Technology|World

Tesla sales rebound continues in several European markets in April

Registrations of Tesla cars continued to rebound in France, Denmark and the Netherlands in April, but fast-moving Chinese rivals such as BYD kept chipping away

Tesla sales rebound continues in several European markets in April
Business|Economy|Europe|Finance|World

ECB's Makhlouf concerned energy prices may stay higher for longer

European Central Bank Governing Council member Gabriel Makhlouf said he is concerned that energy prices may stay higher for longer without a clear timeline for the end of

ECB's Makhlouf concerned energy prices may stay higher for longer
Business|Economy|Finance|Stock Markets|Technology|World

Reddit rallies as AI‑driven ad growth fuels strong revenue outlook

Reddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company's AI-driven advertising

Reddit rallies as AI‑driven ad growth fuels strong revenue outlook
Business|Economy|Finance

So much news, so little time

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! 

So much news, so little time
Business|Economy|Finance|Stock Markets|World

US stocks rally could find fuel in earnings, jobs data amid surging oil prices

Investors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher next week, in the face

US stocks rally could find fuel in earnings, jobs data amid surging oil prices
Business|Economy|Finance|Stock Markets|Technology

Apple shares rise on strong quarterly sales in run-up to CEO change

Apple shares jumped 3.6% in early trading on Friday after the iPhone maker posted its strongest quarterly sales growth in more than four years, a show of momentum as

Apple shares rise on strong quarterly sales in run-up to CEO change
Business|Economy|Finance|Stock Markets|Technology

Magna tops quarterly profit, sales estimates on auto parts demand

Magna International topped analysts' estimates for first-quarter sales and profit on Friday, helped by stronger foreign exchange and resilient demand for its auto parts.

Magna tops quarterly profit, sales estimates on auto parts demand
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broader restructuring,

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast
Business|Crime|Economy|Political|US|World

After major enforcement operations, the Trump administration recalibrates its immigration crackdown

President Donald Trump’s administration appears to be recalibrating its centerpiece policy of mass deportations after a series of major immigration enforcement operations in American cities soured the public’s mood on it

After major enforcement operations, the Trump administration recalibrates its immigration crackdown
Business|Economy|Europe|Finance|Stock Markets|World

Financial firms last month did not expect BoE to raise rates, BoE survey shows

Financial firms surveyed by the Bank of England last month did not expect the central bank to raise interest rates this year, though they no longer expected rates to be cut,

Financial firms last month did not expect BoE to raise rates, BoE survey shows
Economy|Political|World

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is
Business|Economy|Finance|Stock Markets

Insurance broker Aon profit jumps on risk management strength

Insurance brokerage firm Aon reported higher first-quarter profit on Friday, on the back of strong demand for its risk-management solutions.

Insurance broker Aon profit jumps on risk management strength
Business|Economy|Environment|Finance|Stock Markets|US

Chevron's upstream strength lifts first-quarter earnings past estimate

Chevron exceeded Wall Street estimates for its first-quarter earnings on Friday, as elevated oil prices linked to the U.S.-Israeli war on Iran helped boost

Chevron's upstream strength lifts first-quarter earnings past estimate
Economy|Education|Health|Lifestyle

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad
Business|Economy|Education|Finance|Lifestyle

Bessent wants Americans to avoid easy-money traps and invest in financial literacy

Treasury Secretary Scott Bessent says he’s concerned about the allure of easy money — lottery tickets, buy now, pay later loans and the promise of a crypto windfall

Bessent wants Americans to avoid easy-money traps and invest in financial literacy
Business|Economy|Finance|Stock Markets|World

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you
Business|Economy|Finance|Stock Markets|World

Japan may have spent $35 billion in yen-buying intervention, BOJ data shows

Japan may have spent as much as 5.48 trillion yen ($35 billion) bolstering its embattled currency, central bank data indicated on Friday,

Japan may have spent $35 billion in yen-buying intervention, BOJ data shows
Business|Economy|Political|Travel|World

Californians now paying 6 bucks a gallon for kicks on Route 66

Motorists commemorating the centennial of U.S.

Californians now paying 6 bucks a gallon for kicks on Route 66
Business|Economy|Finance|Stock Markets|US|World

Sell in May and go away? Not so fast, investors

Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerful market

Sell in May and go away? Not so fast, investors
Business|Economy|Finance|World

Yen jumps sharply as Japan warns it is ready to intervene again

Japan's yen jumped sharply on Friday as the country's top foreign exchange diplomat said Tokyo was ready to step

Yen jumps sharply as Japan warns it is ready to intervene again
Business|Economy|Political|World

Syria relies on Russia's oil despite pivot to the West

Russia has emerged as the main supplier of oil to Syria, Reuters reporting shows, despite the new government's alignment with the West and widespread

Syria relies on Russia's oil despite pivot to the West
Business|Economy|Science|Technology

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry

SpaceX has spent more than $15 billion developing its next-generation Starship rocket, according to the company’s IPO registration reviewed

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry
Economy|Election|Finance|Political|World

Antigua and Barbuda PM Browne wins fourth term promising growth

Antigua and Barbuda Prime Minister Gaston Browne won a landslide election victory late on Thursday, securing a fourth term after a campaign

Antigua and Barbuda PM Browne wins fourth term promising growth
Business|Economy|Health

Medicare Advantage health plans may cut extra benefits in 2027

Americans enrolled in Medicare Advantage health plans should expect to see fewer extra benefits like gym memberships and vision and dental coverage next

Medicare Advantage health plans may cut extra benefits in 2027
Economy|Political|Science|Technology|World

US Navy turns to AI firm Domino for options to counter Iranian mines

The U.S.

US Navy turns to AI firm Domino for options to counter Iranian mines
Business|Economy|Political|World

US names Vietnam as top concern country in intellectual property rights report

The U.S.

US names Vietnam as top concern country in intellectual property rights report
Business|Economy|Finance|Stock Markets|World

Sell in May? Let's find out

From high oil prices and the conflict in the Middle East to Japan's yen, the latest U.S. jobs data, an Australian rate decision, and a UK local election: there's plenty for

Sell in May? Let's find out
Business|Economy|Finance|Stock Markets|World

Standard Chartered pivots to June ECB hike from no hike in 2026 outlook

Standard Chartered said it expects the European Central Bank to deliver a 25-basis-point rate hike in June, having previously

Standard Chartered pivots to June ECB hike from no hike in 2026 outlook
Business|Economy|Finance|World

Japan signs first $2.2 billion loan under $550 billion US investment pledge

Japan has signed a $2.2 billion loan agreement for the first batch of projects under its $550 billion U.S. investment pledge, kicking off financing tied to a trade deal that

Japan signs first $2.2 billion loan under $550 billion US investment pledge
Asia|Business|Economy|World

Japan's big trading houses expect record profits but utilities forecast pain as Iran war weighs

Some big Japanese trading houses forecast on Friday record annual profits as the U.S.-Israeli war on Iran keeps commodity prices high,

Japan's big trading houses expect record profits but utilities forecast pain as Iran war weighs
Economy|Europe|Finance|Stock Markets|World

ECB policymakers make case for rate hike as inflation may linger

The European Central Bank may need to tighten policy, perhaps as soon as June, policymakers said on Friday, warning that the inflation outlook is

ECB policymakers make case for rate hike as inflation may linger
Business|Economy|Finance|Stock Markets|World

Japanese yen jumps against dollar hours after intervention

The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.

Japanese yen jumps against dollar hours after intervention
Arts|Business|Economy|Food|Travel|World

Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to source

Dubai chef Shaw Lash at Mexican restaurant Lila Molino flies in her avocados and tomatillos, small, tart green fruits native to Central America that are a staple of Mexican

Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to source
Business|Economy|Europe

UK house prices rise in April despite Iran war headwinds, Nationwide says

British house prices unexpectedly rose for a fourth month in a row in April, despite headwinds to consumer confidence from conflict in the Middle East,

UK house prices rise in April despite Iran war headwinds, Nationwide says
Business|Economy|Finance|World

What would Japanese intervention to boost a weak yen look like?

Japan intervened to support the yen against the U.S. dollar on Thursday, sources familiar with the matter told Reuters, in their latest

What would Japanese intervention to boost a weak yen look like?
Business|Economy|Finance|Stock Markets|World

Never mind the oil, feel the earnings!

A look at the day ahead in European and global markets from Wayne Cole.

Never mind the oil, feel the earnings!
Business|Economy|Finance|Technology|World

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount

Toyota is expected to report a fourth successive year-on-year decline in quarterly operating profit next week, as rising material and labour costs and the

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount
Arts|Business|Economy|Entertainment

More states join legal challenge to Nexstar, Tegna merger

Five more U.S. states are joining an antitrust lawsuit challenging Nexstar's acquisition of rival broadcaster Tegna after a ‌judge

More states join legal challenge to Nexstar, Tegna merger
Business|Economy|Education|Environment|Lifestyle

Habitat for Humanity is developing a new Atlanta community with help from the Carters' initiative

Two years after his death, President Jimmy Carter is still inspiring Habitat for Humanity's efforts to build more affordable housing in the U.S. Over five days in May, nearly 1,000 volunteers with the international nonprofit will finish building 24 new housing units in Atlanta

Habitat for Humanity is developing a new Atlanta community with help from the Carters' initiative
Business|Economy|Finance|Political|Stock Markets|US

Federal monitor flags 'dysfunction' in UAW's management of investments

A federally appointed monitor overseeing the United Auto Workers found “multiple points of breakdown” in a delayed investment of union funds that

Federal monitor flags 'dysfunction' in UAW's management of investments
Business|Economy|Technology|World

SEC clears Nasdaq proposal for prediction market options tied to benchmark index

The U.S.

SEC clears Nasdaq proposal for prediction market options tied to benchmark index
Business|Economy|Political|Technology|World

Ukraine sees path to getting Japanese arms after Tokyo eases export rules

Japan's relaxation of its weapons-export rules opens a path for talks that could one day lead to Tokyo supplying military equipment to help

Ukraine sees path to getting Japanese arms after Tokyo eases export rules
Americas|Business|Economy|Finance|Political|World

Brazil's government to announce new measures on household indebtedness next week

Brazil's government will announce on Monday new measures to tackle household indebtedness, President Luiz Inacio Lula da Silva said on Thursday, signaling that the

Brazil's government to announce new measures on household indebtedness next week
Asia|Business|Economy|Finance|Stock Markets|World

Japan's factory activity growth hits 4-year high on stockpiling, PMI shows

Japan's manufacturing activity grew at its strongest pace in over four years in April, as companies ramped up production and stockpiled goods amid supply chain disruptions

Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
Business|Economy|Technology

Huawei expects AI chip revenue to jump at least 60% this year, FT reports

Huawei expects revenue from its AI chips to jump at least 60% this year, boosted by strong demand for domestic offerings from Chinese companies, the Financial Times reported on

Huawei expects AI chip revenue to jump at least 60% this year, FT reports
Business|Economy|Technology|World

South Korean April exports rise 48.0% y/y as chip boom extends

South Korean exports rose for an 11th month in April, beating forecasts, as the global appetite for artificial intelligence infrastructure

South Korean April exports rise 48.0% y/y as chip boom extends
Business|Economy|Technology

Apple’s new CEO will inherit strong sales and even greater expectations

Apple’s new CEO will inherit strong sales and even greater expectations

Apple’s new CEO will inherit strong sales and even greater expectations
Business|Economy|Political|Technology|World

US Congress passes 45-day surveillance law extension

Congress on Thursday passed a 45-day extension of the Foreign Intelligence Surveillance Act, prolonging a debate about a section of the spy law that critics say

US Congress passes 45-day surveillance law extension
Business|Economy|Finance|Stock Markets|World

S&P Dow Jones Indices considers new index rules as mega IPOs loom

S&P Dow Jones Indices said on Thursday it has kicked off a consultation that could result in major changes to rules governing the entry of companies into its indexes such as the S

S&P Dow Jones Indices considers new index rules as mega IPOs loom
Americas|Business|Economy|Political|World

Argentina's Casa Rosada invites journalists back starting Monday

Argentina's Casa Rosada, where government press conferences are held, will allow accredited journalists back on Monday after blocking access last week, a

Argentina's Casa Rosada invites journalists back starting Monday
Business|Economy|Environment|Political|World

Iran threatens painful response if US renews attacks

Iran said on Thursday it would respond with "long and painful strikes" on U.S. positions if Washington renewed attacks and

Iran threatens painful response if US renews attacks
Business|Economy|Environment|Political|World

US FEMA reinstates employees it placed on leave after letter of dissent

The U.S.

US FEMA reinstates employees it placed on leave after letter of dissent
Economy|Education|Finance|Technology|World

US Treasury trots out Marvel comics, 'Trump accounts' in financial literacy drive for kids

The topic of financial literacy may not excite most middle-school students, but the U.S.

US Treasury trots out Marvel comics, 'Trump accounts' in financial literacy drive for kids
Asia|Business|Economy|Finance|World

Core inflation in Tokyo slows, seen accelerating on energy shock

Annual core inflation in April hit a four-year low and stayed below the central bank's 2% target for a third straight month, as fuel and education subsidies

Core inflation in Tokyo slows, seen accelerating on energy shock
Business|Economy|Finance|World

RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise: Reuters poll

The Reserve Bank of Australia will raise its cash rate by 25 basis points for a third straight meeting on May 5, taking it to 4.35%, according to a

RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise: Reuters poll
Australia|Business|Economy|Travel|World

Australia's Qantas extends schedule changes, cuts local capacity through September

Australia's Qantas Airways extended its schedule adjustments across its international and domestic networks through September on Friday, citing Middle East tensions, elevated fuel

Australia's Qantas extends schedule changes, cuts local capacity through September
Business|Economy|Europe|World

Irish manufacturers see steepest rise in costs since 2022

Irish manufacturing activity grew at the fastest pace in four years in April, but firms also faced their sharpest rise in input costs since September 2022 on the back of the

Irish manufacturers see steepest rise in costs since 2022
Business|Economy|Technology|World

Shut out from the US, the world’s largest EV maker still thinks it can stay on top

Shut out from the US, the world’s largest EV maker still thinks it can stay on top

Shut out from the US, the world’s largest EV maker still thinks it can stay on top
Business|Economy|Entertainment|Sports|World

Investment group comes forward to buy the Vancouver Whitecaps and move team to Las Vegas

An investment group has come forward to buy the Vancouver Whitecaps and relocate the Major League Soccer club to Las Vegas

Investment group comes forward to buy the Vancouver Whitecaps and move team to Las Vegas
Economy|Political|Travel|World

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years
Economy|Election|Political|US|World

Louisiana delays US House primary to draw new map after Supreme Court ruling

Republican Louisiana Governor Jeff Landry on Thursday suspended the state's May 16 congressional primary election just two days before early voting was set to begin,

Louisiana delays US House primary to draw new map after Supreme Court ruling
Business|Economy|Environment|Finance|Health|Stock Markets

Clorox cuts annual profit forecast as demand softens

Clorox

Clorox cuts annual profit forecast as demand softens
Business|Economy|Finance|Technology|World

Trading Day: AI glow brightens, Japan intervenes

U.S. stocks surged on Thursday to close a remarkable month on a high as strong tech earnings and investment figures suggested that the AI boom

Trading Day: AI glow brightens, Japan intervenes
Business|Economy|Finance|Stock Markets|Technology

Twilio raises annual revenue growth forecast on AI-driven demand, shares jump

Twilio raised its full-year forecast on Thursday and posted stronger-than-expected first-quarter results, signaling sustained demand for its cloud communications tools as

Twilio raises annual revenue growth forecast on AI-driven demand, shares jump
Business|Economy|Finance|Stock Markets|Technology

Apple shares rise as iPhone 17 and MacBook Neo drive forecast

Apple on Thursday touted blowout demand for its flagship iPhone 17 and the MacBook Neo that helped power a solid sales forecast and

Apple shares rise as iPhone 17 and MacBook Neo drive forecast
Business|Economy|Health|Science|Technology

Stryker misses quarterly estimates on muted demand for medical devices

U.S. medical device maker Stryker on Thursday maintained its full-year profit outlook but missed Wall Street estimates for first-quarter profit and revenue, weighed down by softer

Stryker misses quarterly estimates on muted demand for medical devices
Business|Economy|Finance|Stock Markets|US|World

Gallagher's profit jumps on AssuredPartners buy, commissions and fees growth

Arthur J.

Gallagher's profit jumps on AssuredPartners buy, commissions and fees growth
Business|Economy|Technology

Sandisk joins Western Digital, Seagate in signaling strong AI storage demand

Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling that enterprise spending on data storage

Sandisk joins Western Digital, Seagate in signaling strong AI storage demand
Business|Economy|Political|World

Trump lifts tariffs on UK whisky to toast departing King Charles

U.S.

Trump lifts tariffs on UK whisky to toast departing King Charles
Arts|Business|Economy|Sports|World

LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy

The billionaires in Saudi Arabia are pulling the plug on LIV Golf

LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy
Business|Economy|Political|World

FEMA workers who sounded alarm over nation's disaster preparedness reinstated after 8 months

Fourteen FEMA employees who signed a public letter criticizing the nation's disaster preparedness have been reinstated after eight months on paid leave

FEMA workers who sounded alarm over nation's disaster preparedness reinstated after 8 months
Business|Economy|Environment|Finance|US

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week
Business|Economy|Entertainment|Lifestyle

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline
Business|Economy|Finance|Stock Markets|Technology|US

Apple beats out earnings estimates with continued iPhone momentum

Apple has posted strong quarterly earnings, beating out Wall Street expectations

Apple beats out earnings estimates with continued iPhone momentum
Business|Economy|Environment|Political|World

Trump gives go-ahead to major new Canada-US oil pipeline

President Donald Trump has granted a key approval to a major new pipeline that would move oil from Canada into the central U.S. The three-foot-wide Bridger Pipeline Expansion would carry up to 550,000 barrels of oil a day from the Canadian border with Montana down through eastern Montana and Wyoming, where it would link up with another pipeline

Trump gives go-ahead to major new Canada-US oil pipeline
Business|Economy|Finance|Political

Trump signs executive order expanding workers’ access to retirement plans

Trump signs executive order expanding workers’ access to retirement plans

Trump signs executive order expanding workers’ access to retirement plans
Business|Economy|Health|Technology

UPS CEO says drug delivery strategy a good antidote to economic uncertainty

United Parcel Service's efforts to grow its share of the lucrative

UPS CEO says drug delivery strategy a good antidote to economic uncertainty
Business|Economy|Finance|Stock Markets|World

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

As the Iran war enters its third month, consumers are paying for its disruption of worldwide energy production

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods
Business|Economy|Environment|Political|World

Trump signs order authorizing oil pipeline project partially reviving Keystone XL

U.S.

Trump signs order authorizing oil pipeline project partially reviving Keystone XL
Economy|Finance|Political|Stock Markets|US|World

US Senate bans its members, staff from betting in prediction markets

The U.S.

US Senate bans its members, staff from betting in prediction markets
Arts|Business|Economy|Entertainment|Finance|Stock Markets|Technology

Roku raises annual platform revenue forecast, shares climb

April 30 - Roku raised its annual platform revenue forecast on Thursday, signaling confidence that advertisers will continue to spend on its streaming platform, sending its shares up 10% in extended

Roku raises annual platform revenue forecast, shares climb
Business|Economy|Finance|Stock Markets|US|World

Insurer AIG's quarterly profit surges on steep fall in catastrophe losses

Insurer AIG posted a sharp rise in quarterly adjusted profit on Thursday, driven by strong underwriting and a steep decline in catastrophe-related losses from a year earlier when

Insurer AIG's quarterly profit surges on steep fall in catastrophe losses
Business|Economy|Finance|World

Mexico holds growth forecast despite recent slowdown, lifts inflation view

Mexico's finance ministry on Thursday kept its 2026 economic growth forecast unchanged, maintaining a relatively upbeat stance even after preliminary data showed the

Mexico holds growth forecast despite recent slowdown, lifts inflation view
Business|Economy|Political|World

Panama president says port caught in US-China dispute

Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian

Panama president says port caught in US-China dispute
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Roblox slashes annual bookings forecast as new safety features take their toll

Roblox cut its annual bookings forecast on Thursday, signaling that new safety initiatives may impact user growth and spending on its popular videogame platform

Roblox slashes annual bookings forecast as new safety features take their toll
Business|Economy|Health

Amgen sales rise 4% in first quarter, broadens weight-loss drug development

Amgen on Thursday said its first-quarter product sales rose 4%, helped by demand for cholesterol and rare disease medicines, as it moves forward with a broad

Amgen sales rise 4% in first quarter, broadens weight-loss drug development
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention

Global bond prices and stocks rose on Thursday as oil prices retreated from four-year highs, while the yen jumped after

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention
Business|Economy|Finance|Political|Stock Markets|US|World

China, US economic chiefs raise complaints in 'candid' call ahead of Trump-Xi summit

The top U.S. and Chinese economic officials held "candid" talks on Thursday ahead of a meeting set for May between President

China, US economic chiefs raise complaints in 'candid' call ahead of Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

Ackman blames retail traders for fund's weak Wall Street debut

Billionaire Bill Ackman on Thursday blamed retail investors for the roughly 18% drop in his newly listed closed-end fund's stock price a day earlier,

Ackman blames retail traders for fund's weak Wall Street debut
Business|Economy|Environment|Health|Political|US|World

US House passes farm bill after scrapping pesticide language opposed by MAHA

The U.S.

US House passes farm bill after scrapping pesticide language opposed by MAHA
Business|Economy|Environment|World

Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say

Australia's Woodside Energy is struggling to sell liquefied natural gas volumes from its planned Louisiana LNG export

Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say
Business|Economy|Technology

Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts

Meta Chief Executive Mark Zuckerberg attributed the Facebook parent's planned layoffs to increased capital spending for AI, and declined to rule out

Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
Business|Economy|Environment|Technology

Rivian says US loan for Georgia plant set to be smaller but quicker

Rivian said on Thursday it will get up to a $4.5 billion loan from the U.S.

Rivian says US loan for Georgia plant set to be smaller but quicker
Business|Economy|Finance|Stock Markets|Technology

Reddit expects revenue above estimates as AI tools fuel ad growth

Reddit forecast second-quarter revenue above analysts' estimates on Thursday betting on its AI-powered tools to boost advertising on the platform and sending its

Reddit expects revenue above estimates as AI tools fuel ad growth
Business|Economy|Europe|Travel|World

Trump says he's lifting certain tariffs on Scotch whisky after royal visit

President Donald Trump says he's removing certain tariffs on Scotch whisky after this week’s White House visit by King Charles III and Queen Camilla of the United Kingdom

Trump says he's lifting certain tariffs on Scotch whisky after royal visit
Business|Economy|Finance|Science|Technology

Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofit

Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company’s pivot from nonprofit status to a for-profit venture valued at hundreds of billions of dollars

Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofit
Business|Economy|Political|Technology|World

Congress approves short-term extension of divisive US surveillance program hours before expiration

Congress gave approval to a short-term extension of a key U.S. surveillance program as they continue to work toward a long-term deal

Congress approves short-term extension of divisive US surveillance program hours before expiration
Economy|Education|Environment|Health|Political

Trump administration defers $91M more in Minnesota Medicaid funding citing fraud vulnerabilities

The Trump administration has deferred an additional $91 million in Medicaid funding to Minnesota, citing concerns about fraud in state-run programs

Trump administration defers $91M more in Minnesota Medicaid funding citing fraud vulnerabilities
Business|Crime|Economy|Environment

Beagle farm break-in: Activist to stand trial, dogs to be sold

Beagle farm break-in: Activist to stand trial, dogs to be sold

Beagle farm break-in: Activist to stand trial, dogs to be sold
Economy|Political|World

Takeaways from Hegseth's first hearings in Congress since the start of Iran war

Defense Secretary Pete Hegseth has appeared before Congress at a pair of hearings this week for the first time since the Trump administration started the Iran war

Takeaways from Hegseth's first hearings in Congress since the start of Iran war
Economy|Political|World

US hits Congo's former president with sanctions over support for rebels

The Trump administration has imposed sanctions on former Congolese President Joseph Kabila for his alleged role in funding and providing political support to rebel groups operating in the east of his country

US hits Congo's former president with sanctions over support for rebels
Economy|Sports|World

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup

FIFA President Gianni Infantino opened his address at the FIFA Congress by affirming that Iran will participate in the World Cup and that the team will play in the United States despite the conflict between the two nations

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup
Business|Economy|Science|Technology

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far
Business|Economy|Finance|Stock Markets|World

US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw

The U

US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw
Business|Economy|Environment|Political

Fact check: Amid spike, prominent Republicans make false claims about gas prices

Fact check: Amid spike, prominent Republicans make false claims about gas prices

Fact check: Amid spike, prominent Republicans make false claims about gas prices
Economy|Political|World

Trump gives his blessing to Iraq's new pick for prime minister and invites al-Zaidi to Washington

U.S. President Donald Trump has called Iraq’s new prime minister-designate Ali al-Zaidi and invited him to visit Washington once he forms a government

Trump gives his blessing to Iraq's new pick for prime minister and invites al-Zaidi to Washington
Business|Economy|Finance|Political|US|World

Congress votes to reopen key parts of DHS, after House GOP caves on ICE funding

CNN's Manu Raju joins Boris Sanchez and Brianna Keilar live from Capitol Hill on Congress voting to reopen key parts of the Department of Homeland Security - including the Transportation Security Administration - after weeks of GOP infighting that prolonged a record shutdown of the critical agency.

Congress votes to reopen key parts of DHS, after House GOP caves on ICE funding
Business|Economy|Environment|Science|Technology

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire
Business|Economy|Election|World

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward
Business|Economy|Political|Travel|World

The first direct US-Venezuela commercial flight in 7 years lands in Caracas

The first direct commercial flight between the United States and Venezuela has arrived in the Venezuelan capital Caracas

The first direct US-Venezuela commercial flight in 7 years lands in Caracas
Business|Economy|Finance|Political|US|World

US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending

The U.S.

US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending
Economy|Environment|Health|World

Russian city faces toxic aftermath of refinery attack

Residents of the Russian port city of Tuapse were ordered not to drink tap water and schools remained closed on Thursday, as authorities grappled with the aftermath of the third

Russian city faces toxic aftermath of refinery attack
Africa|Business|Crime|Economy|Finance|Political|World

US imposes sanctions on former Congo President Joseph Kabila

The United States on Thursday imposed sanctions on former Democratic Republic of Congo President Joseph Kabila

US imposes sanctions on former Congo President Joseph Kabila
Business|Economy|Finance|Stock Markets|US|World

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years

U.S. stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest monthly gains in years as solid corporate earnings

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
Business|Economy|World

Unorthodox leadership change at the Fed: Warsh on deck while Powell remains

President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks

Unorthodox leadership change at the Fed: Warsh on deck while Powell remains
Business|Economy|Education|Health

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access
Business|Economy|World

A Trump order aims to help more people get retirement savings plans in time for a new federal match

An order signed by President Donald Trump calls for a new government website where people in the United States can find and compare private-sector retirement savings accounts

A Trump order aims to help more people get retirement savings plans in time for a new federal match
Business|Economy|Political|Travel|World

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help
Business|Economy|Environment|Science|Technology

Proposed mega data center draws concerns over 'heat island effect'

Proposed mega data center draws concerns over 'heat island effect'

Proposed mega data center draws concerns over 'heat island effect'
Economy|Finance|Stock Markets|Technology|US|World

Senate bans its own members and staff from betting in prediction markets

The Senate has approved a bipartisan resolution to prevent its members from using prediction markets

Senate bans its own members and staff from betting in prediction markets
Business|Economy|Environment|Political|World

Brent oil prices surge above $125 after setting new wartime high

Brent crude oil prices, the global benchmark, surged above $125 per barrel on Thursday morning, as President Donald Trump mulls an extended blockade of Iranian ports. Kristie Lu Stout reports.

Brent oil prices surge above $125 after setting new wartime high
Economy|Environment|Lifestyle|Science|Technology

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding
Business|Economy|Environment|Lifestyle

Officials ask residents to reduce water usage further ahead of dry summer

Officials ask residents to reduce water usage further ahead of dry summer

Officials ask residents to reduce water usage further ahead of dry summer
Crime|Economy|Environment|Health|Lifestyle|Travel

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says
Business|Crime|Economy|Education|Health|Lifestyle|Political

Exonerees struggle to rebuild their lives and gain lasting employment, even if elected to office

People who are wrongfully incarcerated then exonerated, sometimes after spending decades behind bars, face yet more challenges finding jobs and rebuilding their lives after their release

Exonerees struggle to rebuild their lives and gain lasting employment, even if elected to office
Business|Economy|Finance|Stock Markets|World

Japan steps into FX market for first time in two years to boost yen, sources say

Japan intervened to prop up the yen against the U.S. dollar on Thursday, its first official currency action in nearly

Japan steps into FX market for first time in two years to boost yen, sources say
Business|Economy|Finance|World

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Global oil prices eased after hitting a four-year high of more than $126 a barrel earlier on Thursday on concerns the U.S.-Iran war could lead to a

Oil retreats after hitting four-year high on concern of US-Iran war escalation
Business|Economy|Environment|World

Chicago grain futures fall on oil retreat, improved US weather outlook

By P.J.

Chicago grain futures fall on oil retreat, improved US weather outlook
Business|Economy|Europe|Finance|Stock Markets

Ackman blames retail traders for sudden drop in new closed-end fund

Billionaire Bill Ackman on Thursday blamed retail investors for the sudden drop in his newly listed closed-end fund's stock price on Wednesday and said he expects the

Ackman blames retail traders for sudden drop in new closed-end fund
Business|Economy|Food|World

KFC China grows on delivery boom but faces tighter margins

An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins. 

KFC China grows on delivery boom but faces tighter margins
Business|Economy|Environment|Technology

Record US biofuel targets to test biodiesel industry after slow year

The U.S. biodiesel industry, still recovering from one of its most difficult years, will have a hard time ramping up production

Record US biofuel targets to test biodiesel industry after slow year
Business|Economy|Finance|Stock Markets|US

JPMorgan hires KBW's Mihok as MD in banking team 

JPMorgan Chase has hired Chris Mihok from Keefe, Bruyette & Woods as a managing director to cover banks, expanding the team covering financial institutions, a

JPMorgan hires KBW's Mihok as MD in banking team 
Business|Economy|Technology

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says

Blue Owl sold about half its investment in SpaceX at a $1.25 trillion valuation, the alternative asset manager's co-CEO Marc Lipschultz

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says
Business|Economy|Technology|World

Bangladesh seals Boeing jet deal, shifts from Airbus

Bangladesh signed a deal on Thursday to buy 14 aircraft from U.S. planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure

Bangladesh seals Boeing jet deal, shifts from Airbus
Economy|Election|Opinion|Science

Gerrymandering is unpopular with Florida voters – my recent survey shows why DeSantis pushed it through anyway

Florida voters don’t like Gov. DeSantis’ redistricting plans, but it doesn’t tend to be a vote-determining issue.

Gerrymandering is unpopular with Florida voters – my recent survey shows why DeSantis pushed it through anyway
Business|Economy|Finance|Stock Markets|US

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide
Business|Economy|Finance|Stock Markets|US|World

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far
Business|Economy|Environment|Health

Colorado to crack down on "highly problematic," contaminated marijuana products

Colorado to crack down on "highly problematic," contaminated marijuana products

Colorado to crack down on "highly problematic," contaminated marijuana products
Business|Economy|Finance|Stock Markets|Technology

Intercontinental Exchange beats profit estimates on robust trading activity

Intercontinental Exchange on Thursday reported first-quarter profit exceeding analysts' estimates as heightened market volatility boosted

Intercontinental Exchange beats profit estimates on robust trading activity
Business|Economy|Finance|Stock Markets|Technology

Meta raises $25 billion in bond sale after lifting AI spending plan

Meta Platforms sold investment-grade bonds worth $25 billion in six portions, according to a regulatory filing on Thursday, as the social media giant ramps up investments in

Meta raises $25 billion in bond sale after lifting AI spending plan
Economy|Environment|Health|Political|Travel|World

Afghan refugees stranded at Pakistan border amid renewed fighting

Saleha Bibi, 40, was one of hundreds of Afghan refugees waiting at the Pakistani border on Thursday to be repatriated to Afghanistan - a

Afghan refugees stranded at Pakistan border amid renewed fighting
Economy|Political|Travel|World

Paraguay president to visit Taiwan in May amid China pressure

Paraguayan President Santiago Pena will travel to Taiwan from May 7 for a state visit aimed at deepening diplomatic and economic ties, his office and Taiwanese

Paraguay president to visit Taiwan in May amid China pressure
Business|Economy|Environment|World

ConocoPhillips trims production outlook as Iran war disrupts Qatar LNG operations

ConocoPhillips on Thursday forecast lower annual output after the shale producer excluded Qatar from its near-term outlook, citing disruption to its

ConocoPhillips trims production outlook as Iran war disrupts Qatar LNG operations
Business|Economy|Finance|Stock Markets|World

Big central banks say rate hikes are getting closer

Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy

Big central banks say rate hikes are getting closer
Americas|Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

Trump again criticizes Germany's Merz, tells him to stop interfering over Iran

U.S.

Trump again criticizes Germany's Merz, tells him to stop interfering over Iran
Americas|Business|Economy|Europe|World

Repsol is in no rush to list upstream unit in US, CEO says

Spain's Repsol is in no rush to list its oil and gas production unit in the United States, Chief Executive Josu Jon Imaz

Repsol is in no rush to list upstream unit in US, CEO says
Business|Economy|Europe|Finance|World

ECB policymakers see first of several rate hikes in June, sources say

European Central Bank policymakers are likely to raise interest rates at least twice, starting at their next meeting in June, unless a favourable resolution to the Iran

ECB policymakers see first of several rate hikes in June, sources say
Business|Economy|Europe|Finance|World

Stagflation describes the 1970s, not today's economy, Lagarde says

The euro zone economy isn't facing stagflation even as growth and inflation risks intensify, European Central Bank chief Christine Lagarde said on

Stagflation describes the 1970s, not today's economy, Lagarde says
Arts|Business|Economy|Finance|Food|Stock Markets|World

Shaken, not stirred: Tequila giant Becle's stock recovers after US shakeup hits profits

Becle, the world's largest tequila maker, edged back into the black on Thursday after its stock took an early morning battering following first-

Shaken, not stirred: Tequila giant Becle's stock recovers after US shakeup hits profits
Business|Economy|Finance|Stock Markets|Technology|World

Payment networks spotlight spending resilience with upbeat quarter

Mastercard joined Visa and American Express in posting a quarterly profit beat on Thursday, highlighting spending resilience as well as allaying fears of a

Payment networks spotlight spending resilience with upbeat quarter
Business|Economy|Finance|World

Annual US inflation posts biggest gain in nearly three years in March

U.S. inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates

Annual US inflation posts biggest gain in nearly three years in March
Business|Economy|Environment|Science|Technology

Solar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-win

A Tennessee solar developer is betting that cattle-grazing and solar panels can coexist — and benefit farmers as well as the electric grid

Solar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-win
Economy|World

AI-related investment, rebound in government spending lift US economy in first quarter

U.S. economic growth regained speed in the first quarter as businesses boosted investment in artificial intelligence and government spending

AI-related investment, rebound in government spending lift US economy in first quarter
Business|Economy|Political|US|World

China's foreign minister tells Rubio Taiwan is 'biggest risk' in ties

China and the U.S. should prepare for "important high-level exchanges", Chinese Foreign Minister Wang Yi said in a call with U.S.

China's foreign minister tells Rubio Taiwan is 'biggest risk' in ties
Economy|Finance|Political|US|World

UN's Guterres says money owed by US is 'non-negotiable'

United Nations Secretary-General Antonio Guterres said on Thursday that the billions of dollars the United States owes to the world body is "non-negotiable," after reports that

UN's Guterres says money owed by US is 'non-negotiable'
Business|Economy|Finance|Stock Markets|Technology|World

Bombardier tops profit estimates on higher private jet usage, repair demand

Bombardier on Thursday beat Wall Street estimates for first-quarter profit, lifted by strong demand for repair and maintenance

Bombardier tops profit estimates on higher private jet usage, repair demand
Business|Economy|Finance|Health|Stock Markets

Bristol Myers beats quarterly profit estimates on blood thinner, cancer drug sales

Bristol Myers Squibb reported a first-quarter profit that beat Wall Street expectations on Thursday, helped by better-than-expected growth of

Bristol Myers beats quarterly profit estimates on blood thinner, cancer drug sales
Business|Economy|Finance|Stock Markets|World

Traders temper euro zone rate hike bets as ECB grapples with Iran war impact

Traders on Thursday slightly tempered their bets that the European Central Bank will hike interest rates three times this year, after

Traders temper euro zone rate hike bets as ECB grapples with Iran war impact
Business|Economy|Environment|Finance|Stock Markets|US|World

Trump administration weighing measures to soon increase US oil output, Hassett says

The Trump administration is talking to oil companies and considering measures to increase production in the United States "really soon" to ease the impact of the Iran

Trump administration weighing measures to soon increase US oil output, Hassett says
Business|Economy|Finance|Stock Markets|Technology|US|World

BREAKINGVIEWS-Meta's fall shows punters crave clearer AI payoff

By Karen Kwok NEW YORK, April 30 (Reuters Breakingviews) - Shares fell 10% despite strong revenue growth and signs technology is boosting ad sales.

BREAKINGVIEWS-Meta's fall shows punters crave clearer AI payoff
Economy|Europe|MidEast|Political|World

Germany faces a fresh Trump threat to cut US troop numbers. The Europeans are used to it

U.S. President Donald Trump has renewed an old threat that Washington could reduce its military presence in Germany

Germany faces a fresh Trump threat to cut US troop numbers. The Europeans are used to it
Business|Economy|Europe|Political|World

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo
Business|Economy|Finance|US

Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application

Union Pacific hopes a new application will be enough to persuade regulators that its $85 billion acquisition of Norfolk Southern would be good for the country

Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application
Business|Economy|Finance|Stock Markets|World

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
Economy|Political|US

Mark Sanford quits latest bid for Congress and says he'll set up a debt-focused nonprofit instead

Mark Sanford has ended his bid to reclaim his old congressional seat

Mark Sanford quits latest bid for Congress and says he'll set up a debt-focused nonprofit instead
Business|Economy|Finance|Stock Markets|US

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices
Business|Economy|Science|Technology

AI customer service startup Netomi raises $110 million

Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup’s chief executive told Reuters this week.

AI customer service startup Netomi raises $110 million
Business|Economy|Health

Cardinal Health's revenue miss clouds annual profit forecast raise

By Siddhi Mahatole April 30 Reuters) - Cardinal Health missed Wall Street expectations for third-quarter revenue, sending its shares down 8% on Thursday even though the company raised its profit

Cardinal Health's revenue miss clouds annual profit forecast raise
Business|Economy|Finance|Stock Markets|US

Blue Owl highlights business beyond private credit after profit beat

Blue Owl executives on Thursday emphasized growth in its businesses beyond direct lending, a form of private credit that has come under

Blue Owl highlights business beyond private credit after profit beat
Business|Economy|Food

Hershey tops estimates as GLP‑1 users drive demand for mints, healthier snacks

Hershey beat first-quarter earnings estimates, helped by strong demand for its healthier snack brands such as LesserEvil popcorn and its

Hershey tops estimates as GLP‑1 users drive demand for mints, healthier snacks
Business|Economy|Finance|Stock Markets|World

Cigarette maker Altria gets a boost as Marlboro losses ease 

Altria beat Wall Street expectations for first-quarter profit and revenue on Thursday, as the Marlboro-maker slowed market share losses and pushed further into discount cigarettes

Cigarette maker Altria gets a boost as Marlboro losses ease 
Americas|Business|Economy|World

Mexico's economy contracts more than expected, recovery could hinge on World Cup

Mexico's economy contracted 0.8% in the first quarter from the previous three-month period, preliminary data showed on Thursday, an

Mexico's economy contracts more than expected, recovery could hinge on World Cup
Business|Economy|Finance|Stock Markets|US|World

Rise in benefits lifts US labor costs in first quarter

Growth in U.S. labor costs increased slightly more than expected in the first quarter amid a jump in benefits, but wage growth was moderate against the backdrop of a

Rise in benefits lifts US labor costs in first quarter
Business|Economy|Europe|Finance|Stock Markets|World

Instant View: ECB leaves rates on hold against backdrop of Iran war uncertainty

The European Central Bank left interest rates unchanged as expected on Thursday but signalled its rising concerns over soaring inflation, bolstering bets it would lift

Instant View: ECB leaves rates on hold against backdrop of Iran war uncertainty
Business|Economy|Finance|Stock Markets|World

European shares log biggest monthly gains in over a year

European shares jumped more than 1% on Thursday and marked their biggest monthly gain in over a year, as investors were relieved by better-than-

European shares log biggest monthly gains in over a year
Business|Economy|Finance|Stock Markets|US|World

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes

The S&P 500 and the Nasdaq opened higher on Thursday as investors drew comfort from strong earnings, even as fears about an escalation in the Middle East conflict deepened.

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes
Business|Economy|Environment|Finance|World

Royal Caribbean sees cruise demand recover, but flags impact of higher fuel costs

Royal Caribbean said on Thursday bookings for its luxury Mediterranean cruises have bounced back after about a month of disruption from the Iran war,

Royal Caribbean sees cruise demand recover, but flags impact of higher fuel costs
Business|Economy|Finance|Stock Markets|World

US growth picks up; PCE inflation is higher but in line with expectations

U.S. economic growth picked up in the first quarter on a rebound in government spending, but the increase is likely temporary as the war with Iran drives up gasoline

US growth picks up; PCE inflation is higher but in line with expectations
Economy|Finance|Stock Markets|World

Bank of England holds rates, warns of inflation threat from Iran war

The Bank of England kept interest rates on hold on Thursday and set out a range of possible economic impacts from

Bank of England holds rates, warns of inflation threat from Iran war
Business|Economy|Election|Environment|Political|World

US visa fallout takes center stage in Antigua's election

Voters head to the polls on Thursday in Antigua and Barbuda in a snap general election dominated by concerns over U.S. visa restrictions, with

US visa fallout takes center stage in Antigua's election
Business|Economy|Europe|Finance|Stock Markets|World

ECB keeps rates unchanged but June hike firmly on table

The European Central Bank left interest rates unchanged as expected on Thursday but extensively debated a hike to combat soaring

ECB keeps rates unchanged but June hike firmly on table
Business|Economy|Finance|Health|Stock Markets

Lilly lifts profit forecast as surging demand for weight-loss drugs offsets pricing pressure

Eli Lilly hiked its full-year profit and revenue forecasts on Thursday, as surging demand for its GLP-1 weight-loss and diabetes drugs helped

Lilly lifts profit forecast as surging demand for weight-loss drugs offsets pricing pressure
Business|Economy|Environment|Political|World

Russia says OPEC+ will continue after UAE exit, no price war expected

Russia's Deputy Prime Minister Alexander Novak said on Thursday that the OPEC+ group of leading oil producers would continue

Russia says OPEC+ will continue after UAE exit, no price war expected
Australia|Business|Economy|World

Australia's home price growth hits lowest in over a year, led by falls in big cities

Australia's home prices rose at the slowest pace in over a year in April as higher borrowing costs and war in the Middle East pushed prices in Sydney and Melbourne into

Australia's home price growth hits lowest in over a year, led by falls in big cities
Business|Economy|MidEast|Political|World

Vessel carrying grain Ukraine says stolen by Russia will not unload in Israel, Kyiv says

A vessel carrying grain that Ukraine says was stolen from areas occupied by Russia will not unload in Israel, Ukraine said on Thursday, after Kyiv requested Israel to

Vessel carrying grain Ukraine says stolen by Russia will not unload in Israel, Kyiv says
Business|Economy|Europe|Technology

EU overhauls merger rules amid calls for European champions

Antitrust regulators proposed a revamp of European Union merger rules on Thursday to give companies more leeway to argue the benefits of their deals,

EU overhauls merger rules amid calls for European champions
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

Inflation hits 3% in Europe as Iran war spreads oil price shock
Business|Economy|Education|Lifestyle

Money Happens: What to do when becoming a homeowner feels out of reach

Tyler Jones dreams of homeownership but finds it unattainable

Money Happens: What to do when becoming a homeowner feels out of reach
Economy|Education|Environment|Opinion|Political|Science|Technology

Supreme Court ruling: The latest in history of diminishing minority voting rights

The Supreme Court’s ruling that a Black-majority voting district in Louisiana is unconstitutional adds to a long and dismal history of government attempts to limit the power of minority voters.

Supreme Court ruling: The latest in history of diminishing minority voting rights
Economy|MidEast|Political|US|World

US military commanders to brief Trump on military options against Iran, US official says

Top U.S. military leaders including Admiral Brad Cooper, the head of Central Command, will brief President Donald Trump later on Thursday on potential military action

US military commanders to brief Trump on military options against Iran, US official says
Business|Economy|Finance|Stock Markets|World

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook
Business|Economy|Finance|Political|Stock Markets|US|World

US economy showed solid growth in the first quarter as Iran war began

US economy showed solid growth in the first quarter as Iran war began

US economy showed solid growth in the first quarter as Iran war began
Business|Economy|Science|Technology

AI real estate tools promise big savings for homebuyers

AI real estate tools promise big savings for homebuyers

AI real estate tools promise big savings for homebuyers
Business|Economy|Finance|Political|World

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades
Business|Economy|World

Iranian economic collapse may come too late for Trump

By Parisa Hafezi and Angus McDowall DUBAI, April 30 - Weeks of conflict have aggravated Iran's dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a

Iranian economic collapse may come too late for Trump
Business|Economy|Stock Markets|Technology

Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecast

Qualcomm shares jumped more than 13% on Thursday, as investors latched on to the chief executive's optimism about a recovery in its smartphone business and data

Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecast
Business|Economy|Europe|Fashion and Beauty

Prada first-quarter revenue rises 3%, driven by sales in Americas

Revenue at Italian luxury group Prada rose 3% at constant exchange rates in the first quarter, excluding the contribution of Versace, with double-digit

Prada first-quarter revenue rises 3%, driven by sales in Americas
Business|Economy|Political|Technology|World

L3Harris lifts 2026 profit forecast on strong weapons demand

Defense supplier L3Harris Technologies lifted its 2026 profit forecast after beating first-quarter revenue estimates on Thursday, as it banks on strong demand from the Pentagon

L3Harris lifts 2026 profit forecast on strong weapons demand
Business|Economy|Finance|Stock Markets|Technology

Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billion

Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are

Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billion
Business|Economy|Finance|World

BoE's Bailey warns on uncertain second-round inflation effects from Middle East shock

Bank of England Governor Andrew Bailey said policymakers were facing a difficult judgment call over second-round inflation effects from higher energy prices linked to the

BoE's Bailey warns on uncertain second-round inflation effects from Middle East shock
Business|Economy|Finance|Stock Markets|World

QUOTES-Bank of England policymakers set out views on rates outlook in minutes of April meeting

The Bank of England left interest rates on hold for the third meeting in a row and policymakers were divided on where borrowing costs are likely to head as it gauges the

QUOTES-Bank of England policymakers set out views on rates outlook in minutes of April meeting
Business|Economy|Finance|Political|Stock Markets|World

FACTBOX-Bank of England forecast scenarios for April 2026

Due to uncertainty caused by the Iran war, the Bank of England moved away from a single economic forecast in its April 2026 Monetary Policy Report and instead produced

FACTBOX-Bank of England forecast scenarios for April 2026
Business|Economy|Finance|World

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire

Some automakers this week got a first-quarter profit boost – at least on paper - from future refunds of tariff payments

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire
Asia|Business|Economy|Technology|World

Banks in Asia brace for complex cyber threats from frontier AI

Banks across Asia, including those in Singapore - among the region's largest - are tightening checks on artificial

Banks in Asia brace for complex cyber threats from frontier AI
Economy|World

Bank of England Governor speaks after holding rates, spelling out inflation risks

The Bank of England kept interest rates on hold at 3.75% on Thursday and set out scenarios for the economic impact of the Iran war, one of which could require a "forceful"

Bank of England Governor speaks after holding rates, spelling out inflation risks
Business|Economy|Europe|Finance|World

ECB keeps rates on hold and warns about Iran war hit

The European Central Bank kept interest rates on hold on Thursday and warned that the war in Iran was fuelling an energy-led rise in euro zone inflation while taking a

ECB keeps rates on hold and warns about Iran war hit
Business|Economy|Finance|Stock Markets|Technology

Caterpillar expects AI-driven demand for power, construction to fuel growth

Caterpillar raised its annual and long-term revenue forecasts on Thursday, as an AI-focused data center boom creates record order backlog for its power

Caterpillar expects AI-driven demand for power, construction to fuel growth
Business|Economy|Finance|Stock Markets

International Paper misses sales estimates, trims profit forecast amid cost pressures

International Paper on Thursday missed first-quarter sales estimates amid uneven demand for packaging materials and inflationary pressures, as it presses ahead with its plans to

International Paper misses sales estimates, trims profit forecast amid cost pressures
Business|Economy|Finance|Stock Markets|US|World

US railroads Union Pacific, Norfolk Southern seek approval for $85 billion merger

Union Pacific and Norfolk Southern on Thursday submitted a revised merger application with the Surface Transportation Board, seeking approval of an

US railroads Union Pacific, Norfolk Southern seek approval for $85 billion merger
Business|Economy|Political

Trump to sign order aimed at expanding access to retirement plans

U.S.

Trump to sign order aimed at expanding access to retirement plans
Business|Economy|Europe|Finance|Stock Markets|World

Under pressure to cut back, Volkswagen weighs Chinese models for Europe

Volkswagen could begin building its China-specific models in Europe for sale to local markets, or share plants on the continent with Chinese partners, CEO

Under pressure to cut back, Volkswagen weighs Chinese models for Europe
Business|Economy|Environment|World

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery
Business|Economy|World

Instant View: Japan's yen surges, as Tokyo issues strong intervention warning

The Japanese yen surged on Thursday, following stark warnings from Tokyo officials, including the finance minister, that intervention to prop up the currency could be

Instant View: Japan's yen surges, as Tokyo issues strong intervention warning
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims decrease as labor market conditions remain stable

The number of Americans filing claims for jobless benefits dropped last week, and the unemployment rate appears to have held steady in April as the labor market

US weekly jobless claims decrease as labor market conditions remain stable
Business|Economy|Finance|World

Kevin Warsh wanted a family fight at the Fed. Oil has provided the spark

Kevin Warsh says he wants a vigorous family fight about monetary policy at the U.S. Federal Reserve when he takes over as chair.

Kevin Warsh wanted a family fight at the Fed. Oil has provided the spark
Business|Economy|Education|Environment|Health|Political

Supreme Court bolsters donors’ free speech rights in unanimous crisis pregnancy center ruling

First Choice, the crisis pregnancy center chain that brought the case, argued that merely issuing a subpoena can deter donors from making a gift.

Supreme Court bolsters donors’ free speech rights in unanimous crisis pregnancy center ruling
Business|Economy|Finance|Stock Markets|World

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy
Business|Economy|Environment|Political|World

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war

Defense Secretary Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war
Business|Economy|Finance|Health|Sports|Stock Markets|Technology|US

Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the same

Clinicians who treat gambling disorders are concerned about their patients turning to prediction markets

Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the same
Economy|Election|Finance|US|World

Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades

The Voting Rights Act over its six decades became one of the most consequential laws in the nation’s history, preventing discrimination against minorities at the ballot box and helping to elect thousands of Black and Hispanic representatives at all levels of government

Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades
Business|Economy|Europe|Science|Technology

Italy closes antitrust probes into AI firms after commitments on 'hallucination' risks

Italy's antitrust authority said on Thursday it had closed investigations into three AI companies over allegedly unfair commercial practices involving generative artificial

Italy closes antitrust probes into AI firms after commitments on 'hallucination' risks
Business|Economy|Europe|Finance|Stock Markets|World

Italy March jobless rate falls to 5.2% but 12,000 jobs lost

Italy's unemployment rate fell to 5.2% in March but a net 12,000 jobs were lost during the month, national statistics bureau ISTAT reported on Thursday.

Italy March jobless rate falls to 5.2% but 12,000 jobs lost
Business|Economy|Science|Technology

Taiwan's Delta Electronics warns costs rising as AI data centre demand surges 

Delta Electronics, a major provider of power supply and cooling solutions for AI datacentres, warned that it expects costs to rise in the coming quarters,

Taiwan's Delta Electronics warns costs rising as AI data centre demand surges 
Business|Economy|Finance|Political

Colombia's central bank surprises with interest rate hold after spat over rises

Colombia's central bank on Thursday surprised the market by unanimously holding its benchmark interest rate at 11.25%, as

Colombia's central bank surprises with interest rate hold after spat over rises
Business|Economy|Finance|Stock Markets|US|World

Despite change atop the Fed, investor hopes for rate cuts hit hurdles

Investors are turning the page to a newly led U.S.

Despite change atop the Fed, investor hopes for rate cuts hit hurdles
Business|Economy|Finance|US|World

US banks left guessing over scope of looming order on citizenship data

U.S. banks say they are largely in the dark about an expected White House order requiring them to collect data on

US banks left guessing over scope of looming order on citizenship data
Asia|Business|Economy|Finance|World

Asia's bond markets shake off war angst with record local issuance

The Middle East war has not slowed Asia's local currency bond markets, with Hong Kong and Australian dollar issuance hitting

Asia's bond markets shake off war angst with record local issuance
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway at a glance 

Berkshire Hathaway is hosting its annual shareholder weekend in Omaha, Nebraska, the first since Warren Buffett ended his 60-year tenure as

Berkshire Hathaway at a glance 
Australia|Business|Economy|Technology|World

Australian banks warned frontier AI could create larger, faster cyber attacks

Australia's financial system regulator said on Thursday the country's banks were not keeping pace with AI industry developments, warning frontier AI

Australian banks warned frontier AI could create larger, faster cyber attacks
Business|Economy|Finance|Political|World

Canada says it will host new multilateral defence bank, could take time to set up

Canada is set to host a proposed multilateral defence bank designed to help fund the rearmament of nations facing heightened geopolitical risks, Prime

Canada says it will host new multilateral defence bank, could take time to set up
Business|Economy|Europe|Finance|Stock Markets

Stellantis CEO vows steady cash flow improvement after quarterly miss hits shares

Stellantis CEO Antonio Filosa pledged to improve the group's free cash flow performance quarter-by-quarter after the automaker's

Stellantis CEO vows steady cash flow improvement after quarterly miss hits shares
Business|Economy|Technology|World

Chinese software maker gets rare approval for Nasdaq listing in boon for 'red-chip' firms

A rare regulatory nod for a Chinese company to seek a Nasdaq listing has been deemed extra special as the software maker is not incorporated on the mainland,

Chinese software maker gets rare approval for Nasdaq listing in boon for 'red-chip' firms
Business|Economy|Europe|Finance|World

Portugal's quarterly GDP growth fizzles out after storms 

Portugal's economy stagnated in the first quarter compared to the previous three-month period, when it expanded 0.9%, official data showed on Thursday, after severe storms

Portugal's quarterly GDP growth fizzles out after storms 
Business|Economy|Europe|Finance|Stock Markets|World

Italy EU-harmonised CPI jumps to 2.9% y/y in April, above forecast

Italian EU-harmonised consumer prices (HICP) rose by 1.7% in April from the month before, with the annual inflation rate surging to 2.9% from 1.6% in March amid increasing

Italy EU-harmonised CPI jumps to 2.9% y/y in April, above forecast
Business|Economy|Europe|Technology|World

Switzerland probes alleged pacts to avoid keyword bidding on Google and Bing

Switzerland's competition commission has opened an investigation into suspected anti-competitive pacts in which travel companies and online casinos agreed not to bid

Switzerland probes alleged pacts to avoid keyword bidding on Google and Bing
Business|Economy|World

EU kickstarts Mercosur pact to counter US trade hit

The European Union and South American bloc Mercosur will implement on Friday a contentious free trade agreement that the EU in

EU kickstarts Mercosur pact to counter US trade hit
Economy|Political|World

Iran's North American diaspora split over next steps after Trump's ceasefire

With fighting between the United States, Israel and Iran at a fragile standstill, Iran's large North American diaspora is divided over what should come next. 

Iran's North American diaspora split over next steps after Trump's ceasefire
Business|Economy|Science|Technology|World

China approved large exports of rare earth vital for US aerospace in March

China exported large quantities of a speciality rare earth used in aerospace and chipmaking to the U.S. in March, customs data showed, in a sign that

China approved large exports of rare earth vital for US aerospace in March
Business|Economy|Environment|Finance|Stock Markets|World

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues

Japan's two biggest airlines, ANA Holdings and Japan Airlines (JAL), said on Thursday the Middle East conflict is keeping fuel costs elevated and the outlook uncertain.

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues
Business|Economy|Health|Science|Technology

Companies with cannabis-based drugs eye IPOs, private funding boost after US reclassification

Companies developing cannabis-based medicines say U.S. moves to loosen restrictions on the drug could unlock private funding and the public

Companies with cannabis-based drugs eye IPOs, private funding boost after US reclassification
Business|Economy|Finance|Stock Markets|US

Warren Buffett has stepped aside. Berkshire is now Greg Abel's show

Berkshire Hathaway shareholders making the pilgrimage to Omaha, Nebraska, for the conglomerate's annual shareholder weekend will find much

Warren Buffett has stepped aside. Berkshire is now Greg Abel's show
Business|Economy|Political|World

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'

Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'
Business|Economy|Environment|Finance|Stock Markets|World

Oil fear shrouds tech splurge

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Try as they might, it’s impossible for markets to ignore the

Oil fear shrouds tech splurge
Business|Economy|Health

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Merck & Co on Thursday reported a loss for the first quarter as an acquisition-related charge offset a 5% increase in product sales driven by cancer and

Merck posts quarterly loss due to Cidara charge, sales rise 5%
Business|Economy|World

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7%, while investors

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains
Business|Economy|Political|World

Oil briefly touches $126, its highest price in four years

Oil briefly touches $126, its highest price in four years

Oil briefly touches $126, its highest price in four years
Business|Economy|Sports|World

LIV Golf is seeking new investment after losing Saudi funding at end of season

LIV Golf is seeking new investment after losing Saudi funding at end of season

LIV Golf is seeking new investment after losing Saudi funding at end of season
Business|Economy

You're probably paying more for insurance lately. A new study suggests federal action to cut costs

A new analysis suggests Americans are being overcharged by $150 billion a year to insure their homes, autos and businesses

You're probably paying more for insurance lately. A new study suggests federal action to cut costs
Economy|Education|Political|US|World

John Roberts’ effort to gut the Voting Rights Act is complete

John Roberts’ effort to gut the Voting Rights Act is complete

John Roberts’ effort to gut the Voting Rights Act is complete
Business|Economy|Election|Finance|Political|US|World

Inside the GOP’s barely functioning Congress

Inside the GOP’s barely functioning Congress

Inside the GOP’s barely functioning Congress
Business|Economy|Finance|Stock Markets|US

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed
Economy|Health|Political|US|World

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill
Business|Economy|Finance|Stock Markets|World

China factory activity expands at quickest pace since late 2020, private PMI shows

China's manufacturing sector expanded in April at its fastest pace since the end of 2020, driven by stronger output and surging new orders, a private survey showed on

China factory activity expands at quickest pace since late 2020, private PMI shows
Business|Economy|Europe|World

French economy flat in the first quarter, below forecasts -preliminary GDP

The French economy was flat in the first quarter of this year, slowing from the previous three months, as contributions from inventories were offset by a decline in contributions

French economy flat in the first quarter, below forecasts -preliminary GDP
Business|Economy|Technology|World

White House quiet as China ramps up trade leverage before Trump-Xi summit

Beijing rolled out new trade rules this month that have alarmed U.S. businesses and which analysts say could seriously undercut American efforts to

White House quiet as China ramps up trade leverage before Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say

Apollo Global Management, Blackstone and KKR are battling it out to acquire a significant stake in the mammoth LNG Canada

Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say
Crime|Economy|Europe|World

Austria falling short in fight against money laundering, says global watchdog

Austria continues to fall short in its investigation and prosecution of money laundering despite facing a range of illicit finance threats as a gateway

Austria falling short in fight against money laundering, says global watchdog
Asia|Business|Economy|World

China's top airlines swing to Q1 profit, fuel costs cloud outlook

China's top three state-owned airlines bounced back to profit in the first quarter, helped by robust demand during the Lunar New Year

China's top airlines swing to Q1 profit, fuel costs cloud outlook
Business|Economy|Finance|Stock Markets|US|World

Morgan Stanley sees Fed holding rates steady in 2026

Morgan Stanley on Wednesday said it now expects the U.S.

Morgan Stanley sees Fed holding rates steady in 2026
Business|Economy|Finance|World

KKR explores $10 billion sale of spreads unit Flora, FT reports

KKR is exploring a sale of Flora Food Group, the spreads business it had carved out of Unilever in 2017, and is aiming to strike a deal at a valuation of $10 billion, the

KKR explores $10 billion sale of spreads unit Flora, FT reports
Business|Economy|Finance|Stock Markets|World

Stagflation risks stacking up as Iran war enters third month

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of

Stagflation risks stacking up as Iran war enters third month
Business|Economy|Finance|Stock Markets|World

Central bank hawks spook bonds, tech untroubled

A look at the day ahead in European and global markets from Stella Qiu Jerome Powell's parting gift as Fed Chair was a proper hawkish tilt - the U.S. central bank held interest rates steady but in the

Central bank hawks spook bonds, tech untroubled
Business|Economy|World

Brazil's Braskem elects Petrobras CEO as new chair

Shareholders of Brazilian petrochemical firm Braskem elected a new board of directors on Wednesday, naming state-run oil company Petrobras' CEO Magda Chambriard as

Brazil's Braskem elects Petrobras CEO as new chair
Business|Economy|Finance|Stock Markets|US|World

US growth likely picked up in first quarter, but consumer spending probably cooled

U.S. economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown, but the

US growth likely picked up in first quarter, but consumer spending probably cooled
Business|Economy|Environment|Food|World

From surplus to strain: world rice supply threatened by Iran war, El Nino

Rice supply is expected to fall this year as farmers cut planting acreage across Asia because of fertiliser shortages

From surplus to strain: world rice supply threatened by Iran war, El Nino
Business|Economy|Science|Technology|World

Samsung Electronics expects to win more customers for advanced logic chips

Samsung Electronics said on Thursday it expects to win more deals to manufacture logic chips using its advanced 2 nanometer process in the near future, adding it has been

Samsung Electronics expects to win more customers for advanced logic chips
Business|Economy|Finance|Stock Markets|Technology|US

L3Harris confidentially files for missile unit IPO

Defense supplier L3Harris said on Wednesday it has confidentially submitted a draft registration statement for the initial public offering of its missile solutions business.

L3Harris confidentially files for missile unit IPO
Business|Economy|Environment|Technology

First Tesla Semi rolls off high volume production line

Tesla said on Wednesday its first Semi truck has begun rolling off a high-volume production line as the electric vehicle maker remains on track to launch large-scale manufacturing

First Tesla Semi rolls off high volume production line
Business|Economy|Environment|Science|Technology

Glencore first-quarter copper output jumps 19%, marketing unit set to exceed target

Glencore said on Thursday its first‑quarter copper production rose 19%, benefiting from improved ore grades in Africa, while its marketing division remains on track to

Glencore first-quarter copper output jumps 19%, marketing unit set to exceed target
Business|Economy|Finance|MidEast|Stock Markets|World

Saudi GDP growth slows to 2.8% in first quarter as Iran war weighs on economy 

ABU DHABI, April 30 - Saudi Arabia's real gross domestic product grew 2.8% in the first quarter, year-on-year, preliminary government estimates showed on Thursday, slowing from 3.7% a year ago, as the

Saudi GDP growth slows to 2.8% in first quarter as Iran war weighs on economy 
Business|Economy|Europe|Sports

Inventory clean-up helps Puma beat first-quarter expectations 

German sportswear maker Puma on Thursday reported first-quarter sales and operating profit that beat expectations, supported by faster-than-expected inventory

Inventory clean-up helps Puma beat first-quarter expectations 
Business|Economy|Science|Technology|World

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say

Strong demand for AI computing equipment in China has nearly doubled prices for Nvidia's B300 servers to about 7 million yuan ($1

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say
Economy|Europe|World

French preliminary inflation at 2.5% in April, above forecasts, as energy costs bite

French consumer prices rose more than expected in April, preliminary data from statistics agency INSEE showed on Thursday.

French preliminary inflation at 2.5% in April, above forecasts, as energy costs bite
Business|Economy|Europe|Technology

Capgemini's first-quarter revenue up 7%, in line with estimates

By Leo Marchandon April 30 - French IT services group Capgemini reported a 7% rise in first-quarter revenue at constant exchange rates on Thursday, in line with guidance.

Capgemini's first-quarter revenue up 7%, in line with estimates
Business|Economy|Finance|Science|Stock Markets|Technology|World

Big funds bet billions on mining supercycle

Major fund managers are heralding a sustained rally in mining and metals as money floods into the sector at the fastest

Big funds bet billions on mining supercycle
Asia|Business|Economy|Europe|MidEast|World

StanChart profit surges on Gulf bond issuance, books $190 million charge on Iran war

Standard Chartered on Thursday posted a better-than-expected 17% profit gain, buoyed in part as Gulf countries rushed to raise

StanChart profit surges on Gulf bond issuance, books $190 million charge on Iran war
Business|Economy|Europe|Finance|Stock Markets|World

DHL beats profit forecasts aided by cost and capacity management

German logistics giant DHL reported a higher-than-expected quarterly operating profit on Thursday, as capacity management and structural cost

DHL beats profit forecasts aided by cost and capacity management
Arts|Business|Economy|Entertainment|Europe|Finance|Food|Stock Markets|World

Remy breaks years of sales declines and still disappoints

Remy Cointreau reported positive annual sales on Thursday for the first time since 2023 but still fell short of forecasts, undermining CEO Franck Marilly's

Remy breaks years of sales declines and still disappoints
Business|Economy|Finance|World

Dollar hits multi-week highs as oil surges, yen near 160

The dollar touched a new multi-week high on Thursday as fears of a further escalation in the Middle East lifted oil prices, while the Federal

Dollar hits multi-week highs as oil surges, yen near 160
Economy|Europe|World

German unemployment rises above 3 million mark in April

The number of unemployed people in Germany rose more than expected in April and surpassed the politically important 3 million mark in seasonally adjusted

German unemployment rises above 3 million mark in April
Business|Economy|Finance|World

BOJ warns inflation could rise well above target in risk scenario

The Bank of Japan is projecting core inflation hovering around 3%, well above its 2% target, for two years in a row under a risk scenario of elevated oil

BOJ warns inflation could rise well above target in risk scenario
Business|Economy|Environment|Finance|Political|Travel|World

The death of a Lebanese village

In a parking lot strewn with rubbish near Beirut's Mediterranean coast, Hassan Yahya has taped a cardboard sign to a traffic signal pole beside the

The death of a Lebanese village
Business|Economy|Environment|World

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation

Global oil prices retreated after hitting a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation
Business|Economy|Political|US|World

US House approves outline for $70 billion more for immigration enforcement

The U.S.

US House approves outline for $70 billion more for immigration enforcement
Business|Economy|Finance|Stock Markets|World

Unilever to hike prices in 'small doses' as Iran war threatens to hit shoppers

Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported

Unilever to hike prices in 'small doses' as Iran war threatens to hit shoppers
Business|Economy|Europe|Political|World

Italy ekes out modest growth in Q1 as risks loom ahead

The Italian economy grew slightly more than expected in the first quarter from the previous three months, preliminary data showed on Thursday, with turmoil in the Middle

Italy ekes out modest growth in Q1 as risks loom ahead
Business|Economy|Finance|World

China's factory activity extends expansion, PMI shows, as Iran war risks mount

China's factory activity expanded for a second straight month in April, as manufacturers cranked up production to ship goods early to buyers worried the Iran war will

China's factory activity extends expansion, PMI shows, as Iran war risks mount
Business|Economy|Europe|Finance|Stock Markets|World

ArcelorMittal beats earnings forecasts as high steel prices offset demand hit

ArcelorMittal, the world's second-largest steelmaker, reported stronger-than-expected core earnings on Thursday, helped by higher steel prices and improved

ArcelorMittal beats earnings forecasts as high steel prices offset demand hit
Business|Economy|Europe|Finance|Political|Stock Markets|World

German economy grows in Q1 but unemployment climbs above 3 million

Germany's economy grew by more than expected in the first quarter of 2026 despite the shock to energy prices from the war in Iran, but unemployment rose

German economy grows in Q1 but unemployment climbs above 3 million
Business|Economy|Europe|World

Euro zone economy barely grew in first quarter

The euro zone economy saw faint growth in the first quarter, a preliminary estimate showed on Thursday, offering the first snapshot of activity since the outbreak of

Euro zone economy barely grew in first quarter
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone inflation soars further above ECB target on oil prices

Euro zone inflation surged further in April on soaring energy costs, Eurostat data showed on Thursday, adding to the case for interest rate hikes, even if benign

Euro zone inflation soars further above ECB target on oil prices
Arts|Business|Economy|Political|Science|Technology|World

Tariffs on digital displays could help avoid US military dependence on China, policy group says

Tariffs on digital displays used in TVs and smartphones could help prevent the U.S. military from becoming dependent on China for the critical

Tariffs on digital displays could help avoid US military dependence on China, policy group says
Business|Economy|Political|US|World

The Black Caucus is the 'conscience of Congress.' Supreme Court ruling has it bracing for a big hit

Black members of Congress are bracing for a crippling shake-up of their ranks after a Supreme Court ruling gutted a key section of the Voting Rights Act that had protected minority communities in political redistricting and helped boost their representation

The Black Caucus is the 'conscience of Congress.' Supreme Court ruling has it bracing for a big hit
Business|Economy|Political|World

Repairing damaged US military bases will add billions to Iran war cost, sources say

Repairing damaged US military bases will add billions to Iran war cost, sources say

Repairing damaged US military bases will add billions to Iran war cost, sources say
Business|Crime|Economy|Environment|World

Brazilian authorities sue Cargill, JBS for labor abuses in their supply chains

Brazilian labor prosecutors have filed lawsuits against five firms over labor abuses in their supply chains, with grain trader Cargill and meatpacker JBS among

Brazilian authorities sue Cargill, JBS for labor abuses in their supply chains
Business|Economy|Finance|Stock Markets

Ford raises profit outlook for 2026 despite nagging aluminum supply costs

Ford Motor lifted its annual guidance on Wednesday by $500 million, aided by significant tariff refunds, but said it still faces rising materials costs as

Ford raises profit outlook for 2026 despite nagging aluminum supply costs
Business|Economy|Finance|Political|World

BOJ locks in June rate hike in a risky bet that nothing gets worse

The Bank of Japan effectively committed to a June rate hike this week as it talked up the risks of an inflation overshoot, a gambit that rests on a shaky

BOJ locks in June rate hike in a risky bet that nothing gets worse
Business|Economy|Entertainment|Food|World

Mexican tequila giant Becle's profits slump below forecasts on US drag

Mexico's Becle, the world's largest tequila maker, reported on Wednesday a 67% slump in its net profit during the first quarter, missing analyst

Mexican tequila giant Becle's profits slump below forecasts on US drag
Economy|Finance|Political|US|World

US seeks international help to reopen Strait of Hormuz as crude prices surge

The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz,

US seeks international help to reopen Strait of Hormuz as crude prices surge
Business|Economy|Europe|World

UK firms' worries about economy rise by most since 2020, Lloyds survey shows

British businesses' confidence about the economic outlook fell this month by the most since April 2020 although their assessment of their own prospects was less downbeat,

UK firms' worries about economy rise by most since 2020, Lloyds survey shows
Business|Economy|Europe|Finance|World

Bank of England set to hold rates as Iran war clouds outlook

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the economic fallout from the Iran war and investors will be on

Bank of England set to hold rates as Iran war clouds outlook
Business|Economy|Finance|Stock Markets|Technology

Amazon tops cloud expectations on strong AI demand, shares rise

Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies

Amazon tops cloud expectations on strong AI demand, shares rise
Business|Economy|Political|US|World

White House official to visit Venezuela to meet energy, mining executives

U.S.

White House official to visit Venezuela to meet energy, mining executives
Business|Economy|Technology

GM earmarks over $1 billion toward gas-engine output in US, Canada

General Motors is investing about $1.4 billion in three U.S. factories and one Canadian plant that produce gas engines, transmissions and metal castings,

GM earmarks over $1 billion toward gas-engine output in US, Canada
Business|Economy|Political|US|World

Senators propose legislation to tighten US ban on Chinese vehicles

Two U.S. senators on Wednesday introduced legislation to toughen a U.S. government ban on Chinese automakers from entering the American market, weeks before President

Senators propose legislation to tighten US ban on Chinese vehicles
Business|Economy|Technology|World

Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027

Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply

Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027
Business|Economy|MidEast|US|World

US seeks new coalition to get ships moving again in Hormuz, internal cable says

President Donald Trump's administration is seeking the participation of other countries to form an international coalition to restore freedom of

US seeks new coalition to get ships moving again in Hormuz, internal cable says
Business|Economy|Finance|US

Spirit Airlines says rescue hearing delayed as talks continue

Spirit Airlines said no bankruptcy court hearing will take place on Thursday as discussions over the terms of a potential $500 million U.S.

Spirit Airlines says rescue hearing delayed as talks continue
Americas|Business|Economy|Education|Political|World

Brazil's Lula suffers heavy defeat as Senate rejects Supreme Court nominee

Brazil's Senate on Wednesday rejected the nomination of Solicitor General Jorge Messias for an open seat on the Supreme Court, making President Luiz

Brazil's Lula suffers heavy defeat as Senate rejects Supreme Court nominee
Business|Economy|Finance|Stock Markets|Technology

SoftBank plans to list AI and robotics firm Roze in US, FT reports

Japan's SoftBank Group plans to create and list an AI and robotics company called Roze in the U.S. that will be involved in building data centres, the Financial Times reported on

SoftBank plans to list AI and robotics firm Roze in US, FT reports
Business|Economy|Technology

Anthropic weighs new funding round at valuation exceeding $900 billion, Bloomberg News reports

Artificial intelligence startup Anthropic is weighing raising funds in a new round that would value the Claude maker at more than $900 billion, Bloomberg News reported on

Anthropic weighs new funding round at valuation exceeding $900 billion, Bloomberg News reports
Australia|Business|Economy|Finance|Stock Markets

Australia's Woolworths shares plunge nearly 10% as grocer trims food earnings outlook

Australia's Woolworths warned that fiscal 2026 domestic food segment earnings growth would no longer reach the upper end of the range due to fuel price pressures and customer

Australia's Woolworths shares plunge nearly 10% as grocer trims food earnings outlook
Asia|Business|Economy|Environment|World

Surprise fall in Japan's factory output as Iran war takes toll on petroleum-based products

Japan's factory output unexpectedly fell in March as production tumbled for a range of chemical and petroleum-based goods, data showed on

Surprise fall in Japan's factory output as Iran war takes toll on petroleum-based products
Business|Economy|Finance|Stock Markets|World

ASX names insider Darren Yip as interim CEO; shares rise

Australian bourse operator ASX said on Thursday it has appointed insider Darren Yip as its interim chief executive officer, effective May 29.

ASX names insider Darren Yip as interim CEO; shares rise
Business|Economy|Finance|Science|Stock Markets|Technology|US

Meta shares fall on concerns over AI spending, legal scrutiny

Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence

Meta shares fall on concerns over AI spending, legal scrutiny
Business|Economy|World

Powell plans to remain on Fed board, cites legal actions by Trump administration

Jerome Powell plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk

Powell plans to remain on Fed board, cites legal actions by Trump administration
Business|Economy|World

How the UAE's OPEC exit could affect its trade ties with Saudi Arabia

The United Arab Emirates' withdrawal from

How the UAE's OPEC exit could affect its trade ties with Saudi Arabia
Business|Economy|Finance|Stock Markets|World

Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Wall Street ends mixed ahead of big tech earnings
Business|Economy|Finance|Political|Stock Markets|Travel|US|World

US will deny visas to applicants who say they fear persecution at home

US will deny visas to applicants who say they fear persecution at home

US will deny visas to applicants who say they fear persecution at home
Business|Economy|Finance|Stock Markets|Technology

Carvana's first-quarter profit rises on used-car demand

Carvana reported a rise in first-quarter profit on Wednesday, as the online retailer benefited from sustained demand for preowned vehicles.

Carvana's first-quarter profit rises on used-car demand
Business|Economy|Finance|Stock Markets|US|World

US economy 'quite resilient', should keep growing above 2%, Fed's Powell says

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. economy has been "quite resilient" in the face of the Iran war energy shock, and is likely to keep

US economy 'quite resilient', should keep growing above 2%, Fed's Powell says
Business|Economy|Finance|World

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm

Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
Business|Economy

Powell says he won't be a shadow chair, would support Warsh where possible

U.S.

Powell says he won't be a shadow chair, would support Warsh where possible
Business|Economy|Environment|Finance|Political|World

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war

Defense Secretary Pete Hegseth faced nearly six hours of questioning Wednesday from House lawmakers for the first time since President Donald Trump’s administration launched the war against Iran

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war
Business|Economy|Finance|Stock Markets|Technology

Qualcomm rises on smartphone rebound hopes, data-center chip push

Qualcomm forecast third-quarter results below expectations, but CEO Cristiano Amon's upbeat comments on a recovery in its core

Qualcomm rises on smartphone rebound hopes, data-center chip push
Business|Economy|Finance|Stock Markets|Technology

Microsoft expects strong cloud business growth, plans record capital spending

Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans

Microsoft expects strong cloud business growth, plans record capital spending
Business|Economy|Finance|Stock Markets|Technology

Amazon tops cloud expectations on strong AI demand, shares dip

Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies

Amazon tops cloud expectations on strong AI demand, shares dip
Economy|Election|Political|US|World

Florida Republicans approve congressional map aimed at flipping four Democratic seats

Florida Republicans on Wednesday approved a new congressional map aimed at flipping four Democratic-held U.S.

Florida Republicans approve congressional map aimed at flipping four Democratic seats
Business|Economy|Finance|Stock Markets|Technology

EBay forecasts quarterly revenue above estimates on steady demand 

EBay on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on listings of collectibles and motor accessories as well as live-streamed

EBay forecasts quarterly revenue above estimates on steady demand 
Business|Economy|Finance|Stock Markets|US

Starbucks customers are coming back. Profits haven't caught up yet

Starbucks posted its strongest quarterly

Starbucks customers are coming back. Profits haven't caught up yet
Business|Economy|Entertainment|Finance|Travel

MGM Resorts' quarterly profit misses estimates amid slower Las Vegas business

MGM Resorts International missed Wall Street expectations for first-quarter profit on Thursday, hurt by weaker performance of its Las Vegas businesses amid ongoing macroeconomic

MGM Resorts' quarterly profit misses estimates amid slower Las Vegas business
Business|Economy|Finance|Political|Stock Markets|US|World

US says first refunds from Trump tariffs expected around May 11

The Trump administration is expected to issue the first tariff refunds by around May 11, according to an order filed on Tuesday in the U.S.

US says first refunds from Trump tariffs expected around May 11
Business|Economy|Education|Environment|Political

Trump’s DEI purge reaches farm country? Women picked for soybean board all replaced by men

The Trump administration rejected all four women farmers chosen by their peers to represent them in an industry group called the United Soybean Board

Trump’s DEI purge reaches farm country? Women picked for soybean board all replaced by men
Business|Economy|Food

Chipotle reports surprise quarterly sales rise as menu refresh lifts demand

Chipotle Mexican Grill posted a surprise rise in first-quarter comparable sales on Wednesday, as the burrito chain's cheaper offerings and

Chipotle reports surprise quarterly sales rise as menu refresh lifts demand
Business|Economy|Finance|Stock Markets|World

Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk

Goldman Sachs on Wednesday said the United Arab Emirates exit from OPEC poses a greater upside risk to oil supply over the medium term than in the short term.

Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk
Business|Economy|Finance|Stock Markets|Technology

KLA Corp forecasts quarterly revenue above estimates on AI-linked demand

KLA Corp forecast quarterly revenue above estimates on Thursday, banking on strong demand for its chipmaking tools as semiconductor manufacturers ramp up

KLA Corp forecasts quarterly revenue above estimates on AI-linked demand
Business|Economy|Science|Technology|World

Key US senator to call for new efforts to prevent undersea cable sabotage

The chair of the Senate Foreign Relations Committee on Thursday will call for new efforts to address growing national security concerns over

Key US senator to call for new efforts to prevent undersea cable sabotage
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed dissent, oil ascent

Oil surged toward $120 a barrel on Wednesday on deepening supply fears, while U.S. bond yields jumped and stocks stumbled after the Federal

Trading Day: Fed dissent, oil ascent
Business|Economy|World

Brazil central bank trims interest rates again, eyeing Iran conflict

Brazil's central bank cut interest rates by 25 basis points on Wednesday for a second straight meeting, leaving its next moves open

Brazil central bank trims interest rates again, eyeing Iran conflict
Business|Economy|Science|Technology

Alphabet revenue tops expectations on record quarter for cloud unit

Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best

Alphabet revenue tops expectations on record quarter for cloud unit
Business|Economy|Entertainment

Mattel tops quarterly sales estimates on steady toy demand, entertainment push

Mattel beat Wall Street estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business.

Mattel tops quarterly sales estimates on steady toy demand, entertainment push
Business|Economy|Technology

LinkedIn's AI hiring agents on track for $450 million in yearly revenue 

LinkedIn, the social network for professionals owned by Microsoft, on Wednesday said that its hiring products using what is known as agentic AI

LinkedIn's AI hiring agents on track for $450 million in yearly revenue 
Business|Economy|Finance|Stock Markets|World

Fed sees three dissents over an 'easing bias.' What's that?

More Federal Reserve officials dissented against Wednesday's U.S. central bank policy decision and statement than at any of their interest-rate-setting meetings in

Fed sees three dissents over an 'easing bias.' What's that?
Business|Economy|Science|Technology

On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him

By Deepa Seetharaman and Max A.

On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him
Business|Economy|US

Powell to remain at Fed amid legal 'battering' by Trump administration

By Michael S.

Powell to remain at Fed amid legal 'battering' by Trump administration
Business|Economy|Entertainment|Finance|Science|Stock Markets|Technology|World

Meta beats revenue expectations, boosts capital spending forecast for 2026

Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading

Meta beats revenue expectations, boosts capital spending forecast for 2026
Business|Economy|MidEast|Political|US|World

Hegseth faces withering questions about Iran in first congressional appearance since war began

Defense Secretary Pete Hegseth faced withering questioning in his first appearance before Congress since the Trump administration went to war against Iran

Hegseth faces withering questions about Iran in first congressional appearance since war began
Business|Economy|Technology

Amazon reports increased 1Q profits and net sales fueled by cloud computing demand

Amazon is reporting increased profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit

Amazon reports increased 1Q profits and net sales fueled by cloud computing demand
Business|Economy|Science|Technology

Musk lays out his souring relationship with OpenAI in a second day of testimony

Musk lays out his souring relationship with OpenAI in a second day of testimony

Musk lays out his souring relationship with OpenAI in a second day of testimony
Business|Economy|Finance|Science|Stock Markets|Technology

Alphabet's first-quarter profit soars as Google's big AI bets help push stock to new highs

Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of the stellar growth that helped to more than double its already lofty market value during the past year

Alphabet's first-quarter profit soars as Google's big AI bets help push stock to new highs
Business|Economy|Environment|Health|US|World

Texas tornado leaves 5 injured, buildings collapsed and homes without roofs

Officials have confirmed a tornado with winds of at least 120 mph tore through a small Texas city where manufacturing buildings got flattened and roofs were torn from homes

Texas tornado leaves 5 injured, buildings collapsed and homes without roofs
Business|Economy|Environment|Stock Markets|World

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon

Oil prices keep spurting higher, but US stocks hold near their records
Business|Economy|Education|Election|Finance|Political|Sports|Stock Markets|US|World

Florida legislature approves new congressional map intended to boost Republicans in midterms

Republicans have scored another victory in the nationwide redistricting battle

Florida legislature approves new congressional map intended to boost Republicans in midterms
Business|Economy|Education|Environment|Lifestyle

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration
Business|Economy|Finance|Stock Markets|Technology

Only Elon Musk can fire Elon Musk from SpaceX, filing shows

SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the

Only Elon Musk can fire Elon Musk from SpaceX, filing shows
Business|Economy|Finance|Stock Markets

Vulcan Materials beats revenue estimates on strong demand for construction materials

April 29 - Vulcan Materials beat Wall Street expectations for first-quarter revenue on Wednesday, helped by strong demand for its construction materials, such as crushed stone, sand and gravel.

Vulcan Materials beats revenue estimates on strong demand for construction materials
Business|Economy|Finance|Stock Markets|US

Avis Budget heads for sixth straight day of declines after quarterly loss

Shares of Avis Budget were on track for a sixth straight session of declines on Wednesday after the car-rental firm reported a second consecutive quarterly loss and a major

Avis Budget heads for sixth straight day of declines after quarterly loss
Business|Economy|Environment|Finance|Food|Health|Technology|US

Walmart opens third U.S. milk processing facility with $350 million investment

Walmart has opened its third milk processing facility in the United States with a more than $350 million investment, it said on Wednesday, adding to a decade-long effort to

Walmart opens third U.S. milk processing facility with $350 million investment
Economy|Environment|Science|Technology|World

US to give $100 million to repair damaged Chornobyl nuclear shelter, Kyiv says

The U.S. will give $100 million towards repairs of the vast radiation containment dome at the Chornobyl plant in northern Ukraine, site of the world's worst atomic accident

US to give $100 million to repair damaged Chornobyl nuclear shelter, Kyiv says
Business|Economy|Finance|Stock Markets

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Alphabet investors push for safeguards on use of its cloud, AI tech

A group of Alphabet shareholders are pressing the company to explain how it governs and controls the use of its technology and cloud services by

Alphabet investors push for safeguards on use of its cloud, AI tech
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar

By Leo Marchandon April 29 - Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify and double its share buyback programme, as it reported first-quarter revenue held

Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar
Economy|Finance|World

U.S. war in Iran has cost $25 billion so far, says Pentagon official

The United States' war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday, providing the first official estimate of the military's price

U.S. war in Iran has cost $25 billion so far, says Pentagon official
Economy|MidEast|Political|World

Pentagon's Hegseth defends Iran war, says it is not a quagmire

U.S.

Pentagon's Hegseth defends Iran war, says it is not a quagmire
Business|Economy|Environment|Political|World

UAE oil break exposes deepening Saudi rift as Gulf power shifts

The United Arab Emirates' decision to quit OPEC and OPEC+ has brought years of tensions with Saudi Arabia out into the open, marking a strategic break with

UAE oil break exposes deepening Saudi rift as Gulf power shifts
Business|Economy|Finance|World

Brazil creates more formal jobs than expected in March

Brazil's economy created a net 228,208 formal jobs in March, data from the Labor Ministry showed on Wednesday, more than the 150,000 expected by economists in a Reuters

Brazil creates more formal jobs than expected in March
Business|Economy|US|World

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks

Federal Reserve Chair Jerome Powell said that he will leave the U.S. central bank when "I think it's appropriate to do so," and said that this reflects his concern

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks
Business|Economy|Finance|Political|Stock Markets|World

Traders see the Fed on hold for now, and a rate hike next year

The Federal Reserve will not cut interest rates this year, and traders of short-term U.S. interest-rate futures are now betting the U.S. central bank will raise in the first half

Traders see the Fed on hold for now, and a rate hike next year
Business|Economy|Environment|World

Oil majors eye resurgent Canadian energy in wake of Middle East upheaval

Canada's oil and gas producers are drawing renewed interest from global energy majors as the Middle East

Oil majors eye resurgent Canadian energy in wake of Middle East upheaval
Business|Economy|Environment|Finance|World

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says

The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says
Business|Economy|Political|US|World

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote

Kevin Warsh, U.S.

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote
Economy|Europe|Political|World

Hungary's Magyar says he had 'successful' talks on funds with EU's von der Leyen

Hungary's election winner Peter Magyar said he had "extremely constructive and successful" talks on Wednesday with European Commission President Ursula von der Leyen on

Hungary's Magyar says he had 'successful' talks on funds with EU's von der Leyen
Business|Economy|Finance|Political|World

UN candidate Grynspan says world body must do 'less with less'

The United Nations is facing a critical moment with its financial sustainability under threat and it should do "less with less", Costa Rica's Rebeca Grynspan

UN candidate Grynspan says world body must do 'less with less'
Business|Economy|Environment|Finance|World

US extends deadline on talks over Lukoil assets to May 30

The U.S.

US extends deadline on talks over Lukoil assets to May 30
Business|Economy|Health|World

CMS extends application deadlines for Medicaid drug pricing model

The U.S.

CMS extends application deadlines for Medicaid drug pricing model
Business|Economy|Environment|World

OPEC+ likely to agree another oil output hike without UAE, sources say

OPEC+ will likely agree a small oil output quota hike on Sunday despite the loss of the lion's share of its exports due to the U.S.-

OPEC+ likely to agree another oil output hike without UAE, sources say
Business|Economy|Environment|Europe|Finance|Sports|Stock Markets|Technology|World

Porsche adds Middle East to list of problems as first-quarter profit falls

German sports car maker Porsche saw its profit erode further in the first quarter of 2026 as it doubles down on cost-cutting to deal with mounting

Porsche adds Middle East to list of problems as first-quarter profit falls
Crime|Economy|Europe|Political|World

Ukraine asks Israel to seize vessel it says is carrying grain stolen by Russia

Ukraine has asked Israel to seize a vessel carrying grain it says was stolen from areas occupied by Russia, its top prosecutor said on Wednesday, amid a

Ukraine asks Israel to seize vessel it says is carrying grain stolen by Russia
Business|Economy|Finance|Stock Markets|World

Oil prices settle at multi-week highs as global supply worries mount

Oil prices surged over 6% on Wednesday to settle at their highest in weeks, as deadlocked U.S.-Iran negotiations made investors more concerned

Oil prices settle at multi-week highs as global supply worries mount
Economy|Environment|Health|Political|World

More than 1 million in Lebanon expected to face acute food insecurity, hunger monitor says

More than 1 million people in Lebanon are expected to face a food insecurity crisis in the months ahead as a result of renewed conflict

More than 1 million in Lebanon expected to face acute food insecurity, hunger monitor says
Asia|Business|Economy|Finance|Stock Markets|Technology|World

Oil soars, US stocks end muted on Iran worries with earnings, Fed in focus

Oil prices soared on worries about prolonged supply disruption due to the Middle East war while Wall Street's stock indexes

Oil soars, US stocks end muted on Iran worries with earnings, Fed in focus
Economy|Finance|MidEast|Political|Stock Markets|US|World

Trump urges Iran to sign a deal and discusses prolonged blockade

Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with U.S. oil companies, a White

Trump urges Iran to sign a deal and discusses prolonged blockade
Business|Economy|Finance|World

Iran's rial currency hits record low as a shaky ceasefire with the US and Israel holds

Iran’s national rial currency has hit a record low of 1.8 to the dollar as a shaky ceasefire with the U.S. and Israel holds

Iran's rial currency hits record low as a shaky ceasefire with the US and Israel holds
Business|Economy|Finance|Stock Markets|US

Phillips 66 posts surprise profit on higher refining margins

Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped

Phillips 66 posts surprise profit on higher refining margins
Business|Economy|Finance|Stock Markets|World

Russia’s economy shows first quarterly contraction in three years

The Russian economy contracted by 0.3% in the first quarter, marking its first quarterly contraction since early 2023, preliminary

Russia’s economy shows first quarterly contraction in three years
Business|Economy|Finance|Stock Markets|US

Pershing Square's shares start trading at $24 in NYSE debut

Pershing Square's shares opened at $24 in their New York Stock Exchange debut on Wednesday, as investors buy into billionaire activist Bill Ackman's alternative asset management

Pershing Square's shares start trading at $24 in NYSE debut
Business|Economy|Finance|World

Dollar gains after Fed keeps rates unchanged and yen weakens past 160

The dollar strengthened against major currencies on Wednesday after the U.S.

Dollar gains after Fed keeps rates unchanged and yen weakens past 160
Business|Economy|Finance|Stock Markets|Technology

PayPal makes Venmo a separate unit as CEO Lores looks to boost growth

PayPal said on Wednesday it would reorganize its business into three operating units, including a separate Venmo-focused division, as new CEO Enrique Lores simplifies the payments

PayPal makes Venmo a separate unit as CEO Lores looks to boost growth
Business|Economy|Political|World

Trump sees blockade extension as best option for forcing Iran back to the negotiating table

Trump sees blockade extension as best option for forcing Iran back to the negotiating table

Trump sees blockade extension as best option for forcing Iran back to the negotiating table
Business|Crime|Economy|Political|World

House takes step toward funding Homeland Security as White House warns money will 'soon run out'

The House has taken a crucial step toward funding the Department of Homeland Security

House takes step toward funding Homeland Security as White House warns money will 'soon run out'
Business|Economy|Finance|Technology|World

Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman

Elon Musk took the stand for the second day Wednesday in the landmark trial that pits the world’s richest person against Sam Altman, a fellow OpenAI co-founder he accuses of betraying promises to keep the company as a nonprofit dedicated to humanity’s benefit

Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman
Americas|Business|Economy|Political|World

China calls US hypocritical for expressing concern over Panama's sovereignty

The U.S. State Department accused China of violating Panama’s sovereignty over a port dispute in the Central American nation, triggering another fierce back-and-forth on Wednesday as the Chinese government called the Trump administration hypocritical

China calls US hypocritical for expressing concern over Panama's sovereignty
Business|Economy|Finance|Stock Markets|US

Key takeaways from Powell’s last meeting as Fed chair

Key takeaways from Powell’s last meeting as Fed chair

Key takeaways from Powell’s last meeting as Fed chair
Business|Crime|Economy|Finance|Technology

Three license plate reader cameras stolen near Highway 49

Three license plate reader cameras stolen near Highway 49

Three license plate reader cameras stolen near Highway 49
Business|Economy|Election|Environment|Finance|Political

Billionaire Tom Steyer wants to take on the rich in run for California governor

Billionaire climate activist Tom Steyer is selling himself as a class traitor in his bid for California governor

Billionaire Tom Steyer wants to take on the rich in run for California governor
Business|Economy|Environment|World

The Latest: Supreme Court hears arguments on ending legal protections for Haitian/Syrian migrants

The Supreme Court is weighing arguments over the Trump administration’s push to end legal protections for Haitians and Syrians as migrants fleeing war and natural disaster

The Latest: Supreme Court hears arguments on ending legal protections for Haitian/Syrian migrants
Business|Economy|Environment|Political|World

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants
Business|Economy|Environment

Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects

The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects

Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects
Business|Economy|Technology|Travel

Uber moves toward becoming an 'everything app' with hotel bookings powered by Expedia

Uber is expanding into a different side of the travel business

Uber moves toward becoming an 'everything app' with hotel bookings powered by Expedia
Business|Economy|Election|Finance|Political|US|World

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee

The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a longtime target of President Donald Trump’s insults for not cutting borrowing costs as far as the president wanted

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee
Business|Economy|Environment|Political

Trump met with oil firms on possible months-long extension of Iran blockade

U.S.

Trump met with oil firms on possible months-long extension of Iran blockade
Business|Economy|Health|Technology

GE HealthCare cuts annual profit forecast as inflation, tariffs hit margins

Medical equipment maker GE HealthCare on Wednesday cut its full-year profit forecast on the back of inflation-driven cost pressures, sending its shares down about

GE HealthCare cuts annual profit forecast as inflation, tariffs hit margins
Business|Economy|Environment|Finance|Travel|World

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities

The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that higher fuel prices have had little impact on the sector so far,

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities
Business|Economy|World

Bank of Canada lifts growth forecasts for 2026 and 2027

The Bank of Canada on Wednesday slightly lifted its growth forecasts for 2026 and 2027 on the assumption that U.S. tariffs remain unchanged and oil prices gradually

Bank of Canada lifts growth forecasts for 2026 and 2027
Business|Economy|Fashion and Beauty|Finance|Sports|Stock Markets|US

Lululemon Athletica founder Wilson raises doubts on new CEO pick amid proxy battle

Lululemon Athletica founder Chip Wilson raised concerns about the struggling athletic-wear maker's appointment of ex-Nike executive

Lululemon Athletica founder Wilson raises doubts on new CEO pick amid proxy battle
Business|Economy|Finance|World

FULL TEXT- Bank of Canada leaves key interest rate unchanged

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and

FULL TEXT- Bank of Canada leaves key interest rate unchanged
Business|Economy

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold
Business|Economy|Europe|Finance|World

German inflation accelerates to 2.9% in April as energy costs soar

German headline inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core

German inflation accelerates to 2.9% in April as energy costs soar
Business|Economy|Finance|Stock Markets|Technology

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion
Business|Economy|Finance|World

Bank of Canada holds rates, says changes will be small if forecasts hold true

The Bank of Canada kept its key interest rate unchanged on Wednesday as expected and said any changes in the rate could be small if

Bank of Canada holds rates, says changes will be small if forecasts hold true
Business|Economy|Finance|Stock Markets|Technology

Wall Street extends losses after Fed decision, big tech earnings on tap

Wall Street moved lower on Wednesday, with spiking crude prices fanning inflation worries as the U.S.

Wall Street extends losses after Fed decision, big tech earnings on tap
Business|Economy|Political|World

Mexico to require federal projects to use local steel in response to US tariffs

Mexico's President Claudia Sheinbaum on Wednesday announced a rule that all federal work projects use steel from Mexican companies, after attempts to reach a deal to

Mexico to require federal projects to use local steel in response to US tariffs
Business|Economy|Finance|Stock Markets|World

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says

Walmart's Mexico and Central America unit is aiming to recover sales speed after reporting results in the first quarter that

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says
Business|Economy|Finance|World

Fed likely to hold rates steady at what may be last meeting of Powell era

The Federal Reserve is expected to hold interest rates steady on Wednesday as officials debate whether to flag risks of rising inflation in a

Fed likely to hold rates steady at what may be last meeting of Powell era
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|World

Estee Lauder considers bid for Puig at 18-19 euros per share, source says

Cosmetics giant Estee Lauder is considering launching a takeover bid for all of Puig's Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.

Estee Lauder considers bid for Puig at 18-19 euros per share, source says
Business|Economy|Finance|Stock Markets|US

AI-related spending propels US core capital goods orders in March

New orders for key U.S.-manufactured capital goods increased by the most in nearly six years in March while their shipments rose solidly, suggesting

AI-related spending propels US core capital goods orders in March
Business|Economy|World

US sanctions on China's Hengli mark escalation in Iran oil crackdown

The U.S.

US sanctions on China's Hengli mark escalation in Iran oil crackdown
Business|Economy|Finance|Political

Powell's tenure as Fed chief, bookended by Trump, draws to a close

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia

Powell's tenure as Fed chief, bookended by Trump, draws to a close
Business|Economy|Finance|Stock Markets|US

US mortgage rates tick up to 6.37%, MBA says

U.S. mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2 basis points to 6.37% for the

US mortgage rates tick up to 6.37%, MBA says
Business|Crime|Economy|Environment|Europe|Fashion and Beauty|Technology|World

French regulator says most e-commerce platform products it tested breach EU rules

France's consumer protection authority said on Wednesday that three‑quarters of the products it tested from major e‑commerce platforms last year

French regulator says most e-commerce platform products it tested breach EU rules
Business|Economy|Finance|Food|Technology

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand

Yum Brands beat Wall Street estimates for first-quarter same-store sales growth and profit on Wednesday, as the company's push to sell cheaper meal options

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand
Business|Economy|Finance|World

India economy resilient but faces rising risks from Mideast war, government report says

India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of

India economy resilient but faces rising risks from Mideast war, government report says
Business|Crime|Economy|Environment|Health|World

Women paid the highest price in Jakarta train tragedy

When Harum Anjarsari's husband finally got through to her phone, he did not hear her, but instead, rescue workers who said they pulled the device from

Women paid the highest price in Jakarta train tragedy
Business|Economy|Finance|US

In one state, voters will get to decide whether to eliminate the income tax. Will more follow?

Do you prefer to pay income taxes or sales taxes

In one state, voters will get to decide whether to eliminate the income tax. Will more follow?
Business|Economy|Finance|Stock Markets|US

General Dynamics shares surge after raising 2026 profit guidance

General Dynamics on Wednesday lifted its annual profit forecast and beat Wall Street estimates for first-quarter profit and revenue, driven by

General Dynamics shares surge after raising 2026 profit guidance
Business|Economy|Environment|World

Bunge lifts 2026 outlook on strong crush margins, biofuel demand

U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday, citing strong oilseed processing margins and an improved

Bunge lifts 2026 outlook on strong crush margins, biofuel demand
Business|Economy|Finance|MidEast|World

Iran's rial drops to record low as ceasefire prompts rush for hard currency

Iran's currency dropped to a record low of 1,810,000 rials to the U.S. dollar on Wednesday, the Iranian Student News Agency (ISNA) said, as demand for foreign exchange that

Iran's rial drops to record low as ceasefire prompts rush for hard currency
Business|Economy|Europe|Political|Technology|World

Italy's Fincantieri and KAYO to work together on strengthening Albania's navy

Italian shipbuilder Fincantieri and Albania's KAYO have set up a joint venture to build and maintain vessels in Albania, which is seeking to modernise its military

Italy's Fincantieri and KAYO to work together on strengthening Albania's navy
Business|Economy|World

US goods trade deficit widens in March as imports rise sharply

The U.S. trade deficit in goods widened more than expected in March as a rise in imports outpaced exports, suggesting that trade was likely a drag on economic growth

US goods trade deficit widens in March as imports rise sharply
Business|Economy|Political|World

Russia to remain in OPEC+, hopes UAE exit does not spell end of group

Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said on Wednesday, expressing

Russia to remain in OPEC+, hopes UAE exit does not spell end of group
Business|Economy|Finance|Health|Science|Technology|World

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline

AbbVie on Wednesday reported better-than-expected quarterly revenue and profit, fueled by demand for newer immunology drugs Skyrizi and

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline
Business|Economy|Finance|Stock Markets

Wall St mixed at open ahead of Big Tech earnings, Fed meeting

Wall Street's main indexes were mixed at the open on Wednesday as investors treaded carefully ahead of several Big Tech earnings reports and a Federal Reserve meeting expected to

Wall St mixed at open ahead of Big Tech earnings, Fed meeting
Business|Economy

US single-family housing starts jump to 13-month high in March

U.S. single-family homebuilding increased to a 13-month high in March, but the improvement was likely a blip as permits for future construction fell sharply and

US single-family housing starts jump to 13-month high in March
Business|Economy|Europe|Finance|Sports|Stock Markets

Adidas gets World Cup boost in 'very volatile' market

Adidas on Wednesday reported stronger than expected first-quarter operating profit and sales, helped by early demand for World Cup soccer products

Adidas gets World Cup boost in 'very volatile' market
Business|Economy|Finance|Stock Markets|World

Ackman's Pershing Square fund shares drop in hotly anticipated debut

Billionaire investor Bill Ackman launched his new Pershing Square USA closed-end fund on the New York Stock Exchange on Wednesday,

Ackman's Pershing Square fund shares drop in hotly anticipated debut
Business|Economy|Health

Humana's unchanged forecast after quarterly beat underwhelms market

Humana on Wednesday beat quarterly earnings estimates due to tighter control over medical costs, but kept its annual adjusted profit forecast

Humana's unchanged forecast after quarterly beat underwhelms market
Business|Economy|Finance|Stock Markets|World

Brown‑Forman shares slump as deal talks with French spirits group Pernod collapse

Shares of Brown-Forman dropped 10% in early trading on Wednesday after the Jack Daniel's whiskey maker and France's Pernod Ricard scrapped their merger talks,

Brown‑Forman shares slump as deal talks with French spirits group Pernod collapse
Economy|Environment|Health|Political|Science

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill
Economy|Health|Opinion

Trump’s Medicaid fraud crackdown may sound sensible, but it could harm Americans who require long-term care

When a home healthcare aide doesn’t show up, the consequences are immediate and can be dire.

Trump’s Medicaid fraud crackdown may sound sensible, but it could harm Americans who require long-term care
Business|Economy|Education|Health

Thousands of employed Colorado workers need SNAP benefits to make ends meet

Colorado’s minimum wage has increased, but not nearly enough to cover the rising cost of food.

Thousands of employed Colorado workers need SNAP benefits to make ends meet
Asia|Business|Economy|Finance|Stock Markets|World

China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady

Five of China's largest lenders reported net profit growth over 3% in the first quarter of this year on Wednesday, as bad debt ratios

China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady
Arts|Business|Economy|Environment|Political

US judge to weigh preservation groups' bid to stop Trump's Kennedy Center overhaul

A coalition of historic preservation and architecture groups will ask a judge on Wednesday to halt plans by President Donald Trump’s administration

US judge to weigh preservation groups' bid to stop Trump's Kennedy Center overhaul
Business|Economy|Finance|Stock Markets|World

Whirlwind Wednesday

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Today marks the apex of a packed week of events, with the Federal

Whirlwind Wednesday
Business|Economy|Europe|Stock Markets

Volvo Cars aims to retain premium pricing as US tariffs pile on pressure

Volvo Cars said on Wednesday that it had underestimated the impact of scrapped U.S.

Volvo Cars aims to retain premium pricing as US tariffs pile on pressure
Business|Economy|World

Spot crude premiums ease from record highs despite Hormuz closure

Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are

Spot crude premiums ease from record highs despite Hormuz closure
Business|Economy|Entertainment|Finance|Food|Lifestyle|Stock Markets

Starbucks shares rise as Niccol-led turnaround draws customers back

By Akriti Shah and Juveria Tabassum April 29 - Starbucks shares rose 5% on Wednesday after the world's largest coffee chain raised its annual forecast, signaling that CEO Brian Niccol's turnaround

Starbucks shares rise as Niccol-led turnaround draws customers back
Business|Economy|Finance|Stock Markets|Technology|World

Robinhood shares fall as crypto slump dents trading volume growth

Robinhood's shares plunged 11% on Wednesday, as crypto-driven market volatility dampened its first-quarter trading volume growth, leading

Robinhood shares fall as crypto slump dents trading volume growth
Economy|Europe|MidEast|Political|World

Germany's Merz says relations with Trump are good despite spat over Iran

German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.

Germany's Merz says relations with Trump are good despite spat over Iran
Business|Economy|Finance|Stock Markets|Technology

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom

Apple investors will be keen on getting a closer look at John Ternus as CEO of the iPhone maker on Thursday, when it reports quarterly results that

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom
Business|Economy|Finance|Stock Markets|World

Blackstone's private credit fund sees investor demand cool in first quarter

April 29 - Blackstone's roughly $80-billion private credit fund BCRED faced weaker investor demand and rising redemption pressure in the first quarter as geopolitical volatility, concerns over AI and

Blackstone's private credit fund sees investor demand cool in first quarter
Business|Economy|Science|Technology

Inside SpaceX's IPO: Musk's most ambitious plan yet

In the days after the PayPal IPO in 2002, Elon Musk and company executives gathered at a Las Vegas casino to celebrate.

Inside SpaceX's IPO: Musk's most ambitious plan yet
Business|Economy|Finance|Stock Markets|Technology

Cognizant forecasts quarterly revenue below estimates on cautious IT spending

Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, signaling cautious client spending on its

Cognizant forecasts quarterly revenue below estimates on cautious IT spending
Asia|Business|Economy|Finance|World

China's Shenzhen further eases homebuying curbs

Shenzhen, one of China's four first-tier cities, further relaxed restrictions for buying homes in the city in a bid to spur demand. 

China's Shenzhen further eases homebuying curbs
Business|Economy|Finance|Stock Markets|Technology

Online marketplace Etsy beats revenue estimates on steady demand

Online marketplace Etsy beat Wall Street expectations for first-quarter revenue on Wednesday, helped by growth in gross merchandise sales as more active buyers

Online marketplace Etsy beats revenue estimates on steady demand
Business|Economy|Europe|Political|World

Greece says it agreed with Qatar to deepen trade, energy and defence ties

Greece said on Wednesday it had agreed with Qatar to bolster cooperation in areas including trade, energy and defence, extending a deal first struck in 2024.

Greece says it agreed with Qatar to deepen trade, energy and defence ties
Business|Economy|Europe|Technology

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker

Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ($34.4 billion) that

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker
Business|Economy|World

Taiwan tops Beijing's agenda for Trump-Xi summit

For 23 million Taiwanese, the most consequential diplomatic meeting of 2026 may be one to which they are not invited.

Taiwan tops Beijing's agenda for Trump-Xi summit
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says

EU regulators will seek feedback starting Thursday from interested parties to the first proposal to overhaul merger rules in more than two decades, which

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says
Business|Economy|MidEast|Political|World

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says

The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
Business|Economy|Finance|Stock Markets|Technology

SoFi's unchanged 2026 forecast eclipses record results, shares fall

SoFi Technologies' shares fell 12% in early trading on Wednesday after the company left its 2026 revenue forecast unchanged, overshadowing record first-quarter

SoFi's unchanged 2026 forecast eclipses record results, shares fall
Business|Economy|Finance|Health|Stock Markets|Technology

Garmin posts upbeat quarterly results as demand for premium wearables holds up

Garmin posted first-quarter revenue and profit above Street expectations on Wednesday, buoyed by strong demand for advanced fitness wearables and steady growth in its aviation and

Garmin posts upbeat quarterly results as demand for premium wearables holds up
Business|Economy|Finance|Stock Markets|Technology

Visa shares climb as profit beat, raised forecast ease Middle East jitters

Visa shares jumped 5% in premarket trading on Wednesday as the payments-processing company beat estimates for second-quarter profit and lifted expectations for

Visa shares climb as profit beat, raised forecast ease Middle East jitters
Economy|Environment|Political|Technology|World

Another Russian oil facility burns as Zelenskyy touts Ukraine’s drone reach

Ukraine is claiming responsibility for a drone attack on a distant Russian oil facility

Another Russian oil facility burns as Zelenskyy touts Ukraine’s drone reach
Business|Economy|Science|Technology|World

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

Demand for Huawei's Ascend 950 AI chips has surged following the release of DeepSeek's V4 artificial intelligence model that runs on the Shenzhen-based tech firm's chips,

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say
Business|Economy|World

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East

The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East
Business|Economy|Finance|Stock Markets|World

Investors reload yen shorts in intervention test

Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc,

Investors reload yen shorts in intervention test
Business|Economy|Finance|Stock Markets|World

European shares hit three-week low as earnings, data and Iran conflict weigh

European shares slid to a three-week low on Wednesday amid mixed corporate results and data pointing to the economic damage caused by the Iran war,

European shares hit three-week low as earnings, data and Iran conflict weigh
Business|Economy|Finance|Stock Markets|Technology|World

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation

GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
Business|Economy|Environment|Political|World

Trump meets with oil executives as Iran stalemate drags on, Axios reports

U.S.

Trump meets with oil executives as Iran stalemate drags on, Axios reports
Business|Economy|Technology|World

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices

Taiwanese chipmaker UMC said on Wednesday that it continues to see resilient market demand despite headwinds from memory chip supply shortages and the impact of the Iran

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices
Business|Economy|Finance|Stock Markets|Technology|US

Hyperscaler results pose major test for AI-driven US stock market 

A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on Wednesday with quarterly reports

Hyperscaler results pose major test for AI-driven US stock market 
Business|Economy|Finance|Health|Stock Markets|US

Eli Lilly investors are eager for Foundayo insight after early launch data

Eli Lilly investors will be searching for something they won't find in any first-quarter financial figures reported on Thursday: insight into

Eli Lilly investors are eager for Foundayo insight after early launch data
Business|Economy|Europe|World

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions

The war in Ukraine has turned Sweden's defence industry into one of Europe's fastest-growing weapons hubs, a shift visible

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions
Economy|Finance|World

What the Fed has seen about the war's impact on the economy so far

Federal Reserve officials last met just over two weeks into the U.S.-led war on Iran and then had little data at their disposal beyond surging gasoline prices to

What the Fed has seen about the war's impact on the economy so far
Business|Economy|Finance|World

Bank of Canada to hold rates, assess oil shock impact on inflation, growth

The Bank of Canada is expected to keep its benchmark interest rate at 2.25% on Wednesday and update its inflation and growth forecasts after the oil

Bank of Canada to hold rates, assess oil shock impact on inflation, growth
Business|Economy|Finance|Stock Markets|World

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE

British shares drifted lower on Wednesday as investors parsed a mixed bag of corporate earnings, with attention turning towards central bank decisions on both sides of the

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE
Business|Economy|Environment|World

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive
Economy|Political|US|World

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff
Economy|Environment|Health|World

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court
Business|Economy|Finance|US|World

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us
Africa|Business|Economy|Finance|Stock Markets|World

Kenya economic growth steady at 4.6% in 2025, data shows

Kenya's economy grew 4.6% last year, little changed from 2024's 4.7% growth and below a finance ministry estimate, official data showed on Wednesday.

Kenya economic growth steady at 4.6% in 2025, data shows
Economy|Environment|Political|World

Most Swiss back initiative to cap population at 10 million, poll shows

A slim majority of Swiss are backing an upcoming referendum proposal to limit Switzerland's population to 10 million, and support for it is growing, an opinion poll showed

Most Swiss back initiative to cap population at 10 million, poll shows
Business|Economy|Finance|World

UK housing minister says government is not looking at rent controls

Britain's housing minister Steve Reed said the government was not looking at rent controls, following a report that a one-year freeze on rent increases was being

UK housing minister says government is not looking at rent controls
Africa|Business|Economy|World

Kenya's economy grew 4.6% in 2025, stats office says

Kenya's economy grew 4.6% in 2025, compared with 4.7% growth a year earlier, the statistics office said on Wednesday.

Kenya's economy grew 4.6% in 2025, stats office says
Economy|Political|Technology|World

China again touts benefits of union with Taiwan, Taipei rebuffs

Taiwan's economy would gain see unprecedented opportunities if it unites with China, Beijing said on Wednesday, stepping up a campaign to persuade Taipei to accept

China again touts benefits of union with Taiwan, Taipei rebuffs
Business|Economy|Political|US|World

KPMG to exit US federal audit business

Big Four firm KPMG is exiting its federal government audit business and will redeploy staff, a spokesperson said on Wednesday.

KPMG to exit US federal audit business
Business|Economy|Technology|World

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says

Goldman Sachs has removed access to Anthropic's Claude for its bankers in Hong Kong, a source with direct knowledge of the situation said, as banks step up scrutiny of

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says
Business|Economy|Finance|Technology

Cognizant to buy Astreya for about $600 million

Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center

Cognizant to buy Astreya for about $600 million
Business|Economy|Europe|Finance|World

Inflation up in three German states in April, pointing to national increase

Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase

Inflation up in three German states in April, pointing to national increase
Business|Economy|Europe|Finance|World

Mercedes profit tumbles in Q1 on China competition, tariff pressures

Mercedes-Benz reported a sharp drop in operating profit at the start of 2026, a year set to bring higher raw material costs and further

Mercedes profit tumbles in Q1 on China competition, tariff pressures
Business|Economy|Europe|World

Italy consumer and business confidence plunge in April

Morale among Italian consumers and businesses fell steeply in April, data showed on Wednesday, boding ill for the prospects of the euro zone's third largest economy, among

Italy consumer and business confidence plunge in April
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone economic confidence plunges, price pressures soar

Euro zone economic sentiment plunged to a three-and-a-half-year low this month as the Iran war hit the services sector hard and inflation continued to

Euro zone economic confidence plunges, price pressures soar
Business|Economy|Technology|World

US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua Hong

The U.S.

US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua Hong
Business|Economy|World

Chile's central bank holds benchmark rate, warns of risk from Middle East war

Chile's central bank on Tuesday held its benchmark interest rate at 4.5% in a unanimous decision, in line with expectations and marking its third consecutive decision to

Chile's central bank holds benchmark rate, warns of risk from Middle East war
Business|Economy|Finance|World

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit

British finance minister Rachel Reeves said on Tuesday the government needs to make targeted interventions to shield the economy from the impact of the U.S.-Israel war on Iran

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit
Business|Economy|Finance|Stock Markets|US

Bill Ackman's Pershing Square raises $5 billion for new US fund

Bill Ackman's Pershing Square has raised $5 billion for its new closed-end ‌fund that is part of a combined U.S. initial public offering of the alternative asset management

Bill Ackman's Pershing Square raises $5 billion for new US fund
Business|Economy|Health|Political|Science

US seeks new nominees for key preventive health panel

The U.S. Department of Health and Human Services, overseen by Secretary Robert F.

US seeks new nominees for key preventive health panel
Americas|Business|Economy|Finance|World

Brazilian regulator probes airlines LATAM, Gol over potential price alignment

Brazil's antitrust watchdog CADE opened an administrative proceeding to investigate possible price alignment between airlines LATAM and Gol in the domestic passenger

Brazilian regulator probes airlines LATAM, Gol over potential price alignment
Business|Economy|Finance|Stock Markets|World

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices

Vale, one of the world's largest iron ore producers, on Tuesday posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices
Business|Economy|Political|World

US, allies back Panama's sovereignty in joint statement

The United States, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and Tobago released a joint statement in support of Panama's sovereignty on Tuesday, saying recent actions

US, allies back Panama's sovereignty in joint statement
Business|Economy|World

Pernod Ricard and Jack Daniel's owner Brown-Forman end merger talks

Pernod Ricard and Brown-

Pernod Ricard and Jack Daniel's owner Brown-Forman end merger talks
Business|Economy|World

Panama Canal sees spike in vessel traffic due to war in Middle East

The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East

Panama Canal sees spike in vessel traffic due to war in Middle East
Business|Economy|Finance|Stock Markets|World

NIESR slashes UK growth forecast as Iran war and inflation hit economy

Britain's economy faces a sharp slowdown this year and in 2027 due to the Iran war, and inflation will stay above the Bank of England's target until 2028,

NIESR slashes UK growth forecast as Iran war and inflation hit economy
Business|Economy|Travel|World

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays

Travel demand in China is expected to remain strong during the five‑day Labour Day holiday from May 1, with travellers

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays
Business|Economy|Science|Technology

Taiwan's TSMC exits Arm with $231 million share sale

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, has sold its remaining stake in Arm Holdings, according to a company filing

Taiwan's TSMC exits Arm with $231 million share sale
Business|Economy|Finance|World

Australia inflation jumps with worse to come, rate hike looms

Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for

Australia inflation jumps with worse to come, rate hike looms
Business|Economy|Finance|World

New Zealand central banker says Q1 core inflation was stable within target band

New Zealand's top central banker on Wednesday said that measures of core inflation in the first quarter had remained stable within its target band of 1% to 3%, adding

New Zealand central banker says Q1 core inflation was stable within target band
Business|Economy|Finance|World

China's factory activity set to expand at a slower clip in April: Reuters poll 

China's factory activity likely grew at a slower pace in April as rising cost pressures stemming from the Middle East conflict test Beijing's reliance on manufacturing to

China's factory activity set to expand at a slower clip in April: Reuters poll 
Business|Economy|Technology|World

Inside Ukraine's drive to defeat the dreaded Shahed drone

In a foggy field in northeast Ukraine, four soldiers stare at red and yellow dots on a screen in the back of a van, armed with interceptor

Inside Ukraine's drive to defeat the dreaded Shahed drone
Business|Economy|Environment|Science|Technology

Elon Musk says OpenAI was his idea, before executives looted it  

Elon Musk took the stand on Tuesday at a high-stakes trial over the future of OpenAI, casting his lawsuit against the

Elon Musk says OpenAI was his idea, before executives looted it  
Business|Economy|Technology|World

South Korea exports seen rising sharply again in April on chip boom: Reuters poll

South Korean exports likely rose in April for an 11th straight month, with a surge in chip demand driven by artificial intelligence investment more than

South Korea exports seen rising sharply again in April on chip boom: Reuters poll
Business|Economy|Finance|US|World

Spirit Airlines' talks on $500 million US rescue financing stall, Bloomberg News reports

Spirit Airlines' discussions over a potential $500 million U.S. government rescue financing have hit an impasse, Bloomberg News reported on Tuesday, citing sources.

Spirit Airlines' talks on $500 million US rescue financing stall, Bloomberg News reports
Economy|Europe|Finance|Political|World

Kosovo set for another snap election after failure to elect president

Kosovo is set for another snap election after parliament failed to elect a new president on Tuesday, pitching Europe's youngest nation back into the thick of a political

Kosovo set for another snap election after failure to elect president
Business|Economy|Finance|Stock Markets|World

Fed sails into unchartered waters as Powell bows out

A look at the day ahead in European and global markets from Gregor Stuart Hunter It's Fed Day, and it looks increasingly certain that it will be Jerome Powell's curtain call as chair.

Fed sails into unchartered waters as Powell bows out
Business|Economy|Political|US|World

US wants curbs on China as a condition for paying UN dues, report says

The United States has set specific conditions for the release of billions of dollars it owes to the United Nations, such as more cost-cutting and moves to

US wants curbs on China as a condition for paying UN dues, report says
Crime|Economy|Political|US

Agents armed with search warrants keep focus on Minnesota in public fraud probe

Federal agents have served search warrants in Minnesota in an ongoing fraud investigation of publicly funded social programs for children

Agents armed with search warrants keep focus on Minnesota in public fraud probe
Business|Economy|Education|Entertainment|Lifestyle

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition

Tracy Sturdivant will succeed Teresa Younger as the next president and CEO of the Ms. Foundation, the first national philanthropy run by and for women

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition
Business|Economy|Education|Sports

NCAA’s March Madness field could grow to 76 teams for 2027 season

NCAA’s March Madness field could grow to 76 teams for 2027 season

NCAA’s March Madness field could grow to 76 teams for 2027 season
Business|Economy|Education|Election|Environment|Finance|Political

California candidates for governor tangle in messy TV debate with mail ballots about to go out

Eight candidates running to become governor of California have lobbed heated criticism at each other in a chaotic televised debate

California candidates for governor tangle in messy TV debate with mail ballots about to go out
Arts|Australia|Business|Economy|Political|Technology|World

Australia moves to tax Meta, Google and TikTok to fund newsrooms

Australia is proposing to tax digital giants Meta, Google and TikTok on a part of their revenue to pay for news reporters

Australia moves to tax Meta, Google and TikTok to fund newsrooms
Arts|Economy|Education|Environment|World

Young Palestinian artists in Gaza exhibit their impressions of war as a fragile ceasefire holds

Young Palestinian artists in Gaza have staged an impromptu exhibit to show the world the impact of war and the fragile ceasefire

Young Palestinian artists in Gaza exhibit their impressions of war as a fragile ceasefire holds
Business|Crime|Economy|Finance|Stock Markets|US|World

US soldier pleads not guilty to using intel on Maduro raid to win $400,000 on Polymarket

A U.S. special forces soldier has pleaded not guilty in federal court in New York to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000

US soldier pleads not guilty to using intel on Maduro raid to win $400,000 on Polymarket
Business|Crime|Economy|US

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation
Economy|Environment|Political|Science|World

High-level talks begin on moving away from fossil fuels at Colombia conference

Ministers and officials are gathered in Colombia for a high-level conference aimed at accelerating the shift away from fossil fuels, with financing emerging as a key challenge

High-level talks begin on moving away from fossil fuels at Colombia conference