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Today: June 21, 2026
Today: June 21, 2026

Economy

Business|Economy|World

Three Saudi-flagged supertankers sail through Hormuz after Iran deal signed, data shows

Three Saudi-flagged supertankers with 6 million barrels of crude onboard and other ships sailed through the Strait of Hormuz hours

Three Saudi-flagged supertankers sail through Hormuz after Iran deal signed, data shows
Economy|Environment|Science|World

UN food agencies seek $202 million to shield 8.8 million people from El Niño

The United Nations' Food and Agriculture Organization and World Food Programme on Thursday appealed for $202 million to help protect 8.8 million people across 22 high-risk

UN food agencies seek $202 million to shield 8.8 million people from El Niño
Economy|Technology|World

Taiwan central bank raises growth outlook, flags inflation concerns

Taiwan's central bank on Thursday raised its growth outlook for the year thanks to the AI boom, while keeping its policy interest rate steady

Taiwan central bank raises growth outlook, flags inflation concerns
Economy|Europe|Political|US|World

Kremlin says Europeans probably 'pumped' Trump with harmful ideas during G7 summit

A top Kremlin aide said on Thursday that European leaders had probably pumped Donald Trump with harmful ideas at this week's G7 summit, but that the U.S. president was a

Kremlin says Europeans probably 'pumped' Trump with harmful ideas during G7 summit
Arts|Business|Economy|Environment|Europe|Food|World

Russian attacks could cut Ukraine grain exports by a third

A rise in Russian attacks on Ukrainian seaports and vessels could cut monthly grain shipments by as much as a third and have left terminal operators facing

Russian attacks could cut Ukraine grain exports by a third
Business|Economy|Finance|Political|Stock Markets|World

Kevin who? MoU trumps Fed

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets bristled at the Federal Reserve’s hawkish tilt -

Kevin who? MoU trumps Fed
Business|Economy|World

Russian regulator demands explanation after one Moscow petrol retailer hikes prices by 19%

Russia's anti-monopoly watchdog on Thursday asked a major petrol retailer in Moscow for an explanation after it hiked prices for 95-octane petrol by 19% in the last week.

Russian regulator demands explanation after one Moscow petrol retailer hikes prices by 19%
Economy|Election|Europe|Finance|World

Lithuania's new coalition seeks long-term US military presence

Lithuania's reshuffled government will aim to secure a long-term presence of U.S. military units in the NATO country, which borders both Russia and Belarus, a coalition

Lithuania's new coalition seeks long-term US military presence
Economy|Europe|World

Hungary urges EU parliament to drop lawsuit over funds release

Hungarian Prime Minister Peter Magyar said on Thursday he would ask the European Parliament (EP) to withdraw its 2024 lawsuit against the European Commission over the

Hungary urges EU parliament to drop lawsuit over funds release
Economy|Europe|Political|World

Zelenskiy says 'Moscow will burn' if Russian strikes continue

Ukrainian President Volodymyr Zelenskiy said on Thursday heavy drone attacks on Russia were retaliation for a strike that damaged a historic monastery in Kyiv this week, and

Zelenskiy says 'Moscow will burn' if Russian strikes continue
Economy|Political|World

The 14-point US-Iran pact White House sent to Congress

The White House on Thursday sent Congress the text of an interim U.S.-Iran agreement to halt the war and open the Strait of Hormuz. 

The 14-point US-Iran pact White House sent to Congress
Business|Economy|Finance|Political|World

US and Iran sign initial deal to end war, ease sanctions and open strait as nuclear talks continue

An initial agreement to end the war between the United States and Iran calls for Tehran to dilute its stockpile of highly enriched uranium and would waive sanctions on the country, immediately allowing Iran to sell its oil freely

US and Iran sign initial deal to end war, ease sanctions and open strait as nuclear talks continue
Economy|Environment|Europe|Health|Science|World

This city had a flooding problem. So it turned to an animal that had been extinct there for 400 years

This city had a flooding problem. So it turned to an animal that had been extinct there for 400 years

This city had a flooding problem. So it turned to an animal that had been extinct there for 400 years
Business|Economy|Political|Technology|US

Trump says Apple to partner with Intel on US chip design, production

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed to work with Intel to design and manufacture its chips in the United States.

Trump says Apple to partner with Intel on US chip design, production
Business|Economy|World

Hormuz reopening to release wave of oil supply, depress prices

Middle Eastern crude oil prices are likely to fall if the Strait of Hormuz reopens on Friday following the U.S.-Iran

Hormuz reopening to release wave of oil supply, depress prices
Asia|Economy|Political|World

Taiwan needs US weapons for self-defense as threat from China grows, diplomat tells AP

Taiwan's top diplomat in the U.S. says the island needs American weapons to bolster its self-defense against the growing threat from China

Taiwan needs US weapons for self-defense as threat from China grows, diplomat tells AP
Economy|Environment|Science|Technology

Satellite observations detect 'urban pulse' of six global cities

While a city is not a living organism, it behaves very much like one.

Satellite observations detect 'urban pulse' of six global cities
Business|Economy|Europe|Finance|Stock Markets|World

European shares retreat as markets mull hawkish US Federal Reserve

European shares slipped on Thursday as investors increased bets on a U.S.

European shares retreat as markets mull hawkish US Federal Reserve
Business|Economy|Finance|Stock Markets|World

Investors brace for less predictable Fed as Warsh rewrites playbook 

The Kevin Warsh era at the Federal Reserve began with a jolt on Wall Street, with investors bracing for sharp moves as the central

Investors brace for less predictable Fed as Warsh rewrites playbook 
Business|Economy|Environment|World

Average US gas price drops below $4 - barely

Average US gas price drops below $4 - barely

Average US gas price drops below $4 - barely
Business|Economy|Finance|Stock Markets|World

Citi delays outlook for Fed-cut timeline; data, speeches in focus after Warsh policy reform

Citigroup has pushed back its expectation for the U.S.

Citi delays outlook for Fed-cut timeline; data, speeches in focus after Warsh policy reform
Business|Economy|Finance|World

China's African tariff removals, trade surge spur yuan adoption

Surging Chinese trade with Africa and lifting of tariffs for most countries on the continent look set to boost yuan use, aiding Beijing's bid to build

China's African tariff removals, trade surge spur yuan adoption
Business|Economy|Finance|Stock Markets|World

China seen holding rates unchanged as uneven economic recovery persists

China is expected to keep benchmark lending rates unchanged for a 13th consecutive month in June, a Reuters survey showed, as a K-shaped divergence in the broad economy

China seen holding rates unchanged as uneven economic recovery persists
Business|Economy|Europe|World

Switzerland loses top spot in competitiveness ranking to Singapore

Switzerland has lost its top spot to Singapore in a world ranking of economic competitiveness published on Thursday, as rising global volatility hurt its

Switzerland loses top spot in competitiveness ranking to Singapore
Business|Economy|Technology|World

China's mid-year shopping festival highlights weak demand, rising role of AI

China's second-biggest shopping festival is drawing to a subdued close, underscoring weak consumer confidence and government pressure on e-

China's mid-year shopping festival highlights weak demand, rising role of AI
Economy|Europe|Political|World

Sweden, Norway and Canada to announce defence package for Ukraine, Sweden says

Sweden, Norway and Canada will announce a new Prioritised Ukraine Requirements List (PURL) package to supply Ukraine with U.S. weapons, Sweden's Defence Minister Pal

Sweden, Norway and Canada to announce defence package for Ukraine, Sweden says
Business|Economy|Finance|World

UK pay growth beats expectations before BoE decision

British wages grew faster than expected in the three months to April and unemployment fell, according to official data that painted a

UK pay growth beats expectations before BoE decision
Business|Economy|Europe|World

German growth hit by Iran war energy shock, IMK says

Germany's economy will grow less than previously expected this year and next as the Iran war and a resulting energy price shock weigh on consumption and

German growth hit by Iran war energy shock, IMK says
Economy|Europe|Political|World

Swiss lower house of parliament rejects Mercosur trade deal

Switzerland's lower house of parliament has rejected an agreement with the South American trade bloc Mercosur amid opposition from both the right and left of the political

Swiss lower house of parliament rejects Mercosur trade deal
Business|Economy|Science|Technology|World

Drone strikes beyond the battlefield pump up market for technology to repel them

Drone incursions disrupting airports in Europe and strikes on oil fields in the Middle East are spurring a fast-growing market for

Drone strikes beyond the battlefield pump up market for technology to repel them
Asia|Business|Crime|Economy|Lifestyle

A jailed billionaire’s Birkin bags are going on sale. It won’t be enough to repay her victims

A jailed billionaire’s Birkin bags are going on sale. It won’t be enough to repay her victims

A jailed billionaire’s Birkin bags are going on sale. It won’t be enough to repay her victims
Business|Economy|Europe|Sports|Technology

Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition

Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home

Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition
Business|Crime|Economy|World

HSBC's Australia unit to pay $24.6 million fine over scam protection failures, court rules

An Australian court has ordered HSBC's local unit to pay A$35 million ($24.61 million) after the bank admitted to failures in protecting customers from scams, the country's

HSBC's Australia unit to pay $24.6 million fine over scam protection failures, court rules
Business|Economy|Finance|Stock Markets|US|World

Wall street urges US regulators to further ease Basel capital rules, FT reports

Wall Street groups are warning US regulators that their plans to implement "Basel Endgame" global bank capital requirements will affect liquidity in Treasury markets, urging them

Wall street urges US regulators to further ease Basel capital rules, FT reports
Business|Economy|Finance|Stock Markets|World

Japan vows to act 'any time' on yen as markets brace for intervention

Japan is ready to respond appropriately to exchange-rate moves at any time, the government's top spokesperson said on Thursday as the yen's

Japan vows to act 'any time' on yen as markets brace for intervention
Economy|Europe|World

German industry employment falls to ten-year low, study shows

The number of people employed in German industry in 2025 fell to a 10-year low of just 6.6 million workers, a study by the German Economic Institute (IW)

German industry employment falls to ten-year low, study shows
Business|Economy|Environment|World

Thailand revives $30 billion coast-to-coast corridor to rival Malacca Strait

Chaiyaporn Arunrasamee hunched over his fishing nets, overlooking the waters of the Andaman Sea, where Thailand's government is proposing an

Thailand revives $30 billion coast-to-coast corridor to rival Malacca Strait
Business|Economy|Finance|Technology|World

JPMorgan blocks Anthropic AI access for Hong Kong staff, FT reports

JPMorgan Chase has stopped its staff in Hong Kong from accessing Anthropic's AI models, in a sign of intense scrutiny on the technology's use outside the U.S., the Financial Times

JPMorgan blocks Anthropic AI access for Hong Kong staff, FT reports
Business|Economy|Environment|Europe|MidEast|Technology

Iran war fuel spikes lift Europe's EV sales again, but growth may not last

Rising fuel prices driven by the Iran war are boosting demand for new and used electric vehicles across

Iran war fuel spikes lift Europe's EV sales again, but growth may not last
Business|Economy|Finance|Stock Markets|World

Warsh debut raises rate-hike stakes

(Corrects to delete extraneous words from paragraph 2) A look at the day ahead in European and global markets from Ankur Banerjee Federal Reserve Chairman Kevin Warsh seized the stage in his debut

Warsh debut raises rate-hike stakes
Crime|Economy|Science|Technology

A city's push for facial recognition on public buses ignites debate over security and privacy

Kansas City, Missouri, plans to boost security by installing facial recognition cameras on buses

A city's push for facial recognition on public buses ignites debate over security and privacy
Business|Economy|World

Aramco, seeking tens of billions of dollars, lines up more asset sales, sources say

By Hadeel Al Sayegh, Federico Maccioni and Yousef Saba DUBAI, June 17 - Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter told Reuters

Aramco, seeking tens of billions of dollars, lines up more asset sales, sources say
Australia|Business|Economy|Political

Australia softens impact of capital gains tax reform on small businesses after backlash

The Australian government, in a major turnaround, announced on Thursday changes to its capital gains tax overhaul after critics warned the planned reforms would stifle

Australia softens impact of capital gains tax reform on small businesses after backlash
Business|Economy|Finance|Stock Markets|Technology

Apple to raise prices due to memory chip shortage, CEO tells WSJ

Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.

Apple to raise prices due to memory chip shortage, CEO tells WSJ
Asia|Business|Economy|Political|World

Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties

Russians President Vladimir Putin hosted leaders of the Association of Southeast Asian Nations, seeking to bolster business and other ties with members of the regional bloc

Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties
Business|Economy|Environment|Travel

New York LaGuardia airport reopens runway after addressing pavement issue

New York's LaGuardia airport said on Thursday it had reopened a runway that was closed the previous evening to address a pavement issue, the second time in less than a month it has

New York LaGuardia airport reopens runway after addressing pavement issue
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US

Congress to hold hearing on US airline competition, regulation

A House of Representatives panel will hold a June 24 hearing on the state of U.S. airline competition and regulation after the collapse of low-cost

Congress to hold hearing on US airline competition, regulation
Business|Economy|Europe|Finance|Political|World

Ukraine's Zelenskiy says he spoke to Trump, Macron after G7 summit

Ukrainian President Volodymyr Zelenskiy said late on Wednesday he had spoken to U.S.

Ukraine's Zelenskiy says he spoke to Trump, Macron after G7 summit
Business|Economy|Finance|Stock Markets|Technology|World

KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus

Private equity firm KKR on Wednesday disclosed a $1.4 billion fresh bet on aircraft leasing with partner Altavair, as persistent supply shortfalls at

KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus
Business|Economy|Environment|World

Nippon Steel 'not yet satisfied' with US Steel reforms, Nikkei reports

Nippon Steel has seen positive results from efforts to improve operations at U.S.

Nippon Steel 'not yet satisfied' with US Steel reforms, Nikkei reports
Business|Economy|Finance|World

Bank of England on track to hold rates as Iran response eyed

The Bank of England looks on course to keep interest rates unchanged at 3.75% later on Thursday as it assesses what a tentative truce in the Iran war

Bank of England on track to hold rates as Iran response eyed
Business|Economy|Finance|World

Brazil cuts interest rates again, leaves door open for more

Brazil's central bank cut rates at a third straight meeting on Wednesday and left its next steps open, acknowledging a tougher inflation outlook and

Brazil cuts interest rates again, leaves door open for more
Economy|Europe|MidEast|Political|World

US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks

The U.S. and Iran released the text of an interim agreement their presidents have signed to end their

US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks
Business|Economy|Environment|Health|Political|World

UN food agencies warn acute hunger will worsen in 13 hot spots as famine risks rise

The United Nations’ food agencies warn that acute hunger is set to worsen across 13 global hot spots in the coming months, calling for urgent action

UN food agencies warn acute hunger will worsen in 13 hot spots as famine risks rise
Business|Economy|Entertainment|Finance|Technology

Man who died in Texas plane crash was a key figure in seeding Austin's technology boom

The man who died in this week's crash of a small jet in Texas was a well-known entrepreneur named Joshua Baer who was a successful investor in technology startup companies

Man who died in Texas plane crash was a key figure in seeding Austin's technology boom
Business|Economy|Political|World

What challenges could stand in the way of a final US-Iran deal?

When U.S. and Iranian negotiators sit down in Switzerland on Friday after nearly four months of war, the stakes couldn’t be higher as they face an

What challenges could stand in the way of a final US-Iran deal?
Business|Economy|Finance|Stock Markets|World

Trading Day: US stocks end lower, dollar jumps as Federal Reserve kicks off Warsh era

Wall Street stocks turned sharply lower on Thursday, the dollar extended its gains and Treasury yields crept higher after the U.S.

Trading Day: US stocks end lower, dollar jumps as Federal Reserve kicks off Warsh era
Business|Economy|US|World

Trump says US would do better without USMCA trade agreement

U.S.

Trump says US would do better without USMCA trade agreement
Business|Economy|Technology|World

Ant Group-backed DSC targets $901 million valuation in US IPO

China's DSC Holdings, which provides operating systems for used car dealers in China, is targeting a valuation of up to $901 million in its U.S. initial public offering, the auto

Ant Group-backed DSC targets $901 million valuation in US IPO
Business|Economy|Finance|World

Warsh kicks off Fed chief era with sweeping review as rates remain unchanged

By Howard Schneider, Ann Saphir and Michael S.

Warsh kicks off Fed chief era with sweeping review as rates remain unchanged
Business|Economy|Political|World

Warsh Fed holds rates steady. Trump says 'It's all right. Whatever.'

President Donald Trump on Wednesday expressed confidence in Federal Reserve Chairman Kevin Warsh after the new central bank chief concluded his first rate-setting meeting with a

Warsh Fed holds rates steady. Trump says 'It's all right. Whatever.'
Economy|Finance|MidEast|Political|Stock Markets|US|World

Trump ties Iran deal to market swings, warns war risked 'catastrophe'

U.S.

Trump ties Iran deal to market swings, warns war risked 'catastrophe'
Americas|Business|Crime|Economy|World

US in talks with Jamaica to send third-country migrants as rift widens in Caribbean

Jamaica is discussing with the United States the acceptance of third-country deportees

US in talks with Jamaica to send third-country migrants as rift widens in Caribbean
Business|Economy|Finance|Sports|US|World

US Open braces for a tough and windy Shinnecock Hills

The U.S. Open is bracing for a tough and windy Shinnecock Hills

US Open braces for a tough and windy Shinnecock Hills
Business|Economy|Environment

Trump administration to buy back another energy company's offshore wind leases for 4 more projects

The Trump administration says it’s buying back another energy company’s U.S. offshore wind leases for four more wind projects, as it seeks to discourage the expansion of wind energy in favor of fossil fuels

Trump administration to buy back another energy company's offshore wind leases for 4 more projects
Business|Economy|Finance|World

Fed chief Warsh skips rate-path 'dot,' launches communications review

Federal Reserve Chairman Kevin Warsh did not submit an interest-rate path projection as part of the central bank’s quarterly publication of economic projections on

Fed chief Warsh skips rate-path 'dot,' launches communications review
Africa|Crime|Economy|Political|World

Nigeria's ex-oil minister Alison-Madueke cleared of all charges in UK corruption trial

Former Nigerian oil minister Diezani Alison-Madueke was found not guilty of six bribery charges by a London jury on Wednesday, after a rare corruption trial of

Nigeria's ex-oil minister Alison-Madueke cleared of all charges in UK corruption trial
Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve policymakers show support for rate hikes as Warsh reins in guidance

The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank’s policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation

Federal Reserve policymakers show support for rate hikes as Warsh reins in guidance
Business|Economy|Finance|Political|Stock Markets|US|World

Fed's Warsh flags new tasks forces to study Fed operations

By Michael S.

Fed's Warsh flags new tasks forces to study Fed operations
Business|Economy|Political|World

Iran and US to end fighting and maritime blockades in the Gulf area per MoU, Iran's official news agency says

Iran and the United States will end fighting on all fronts, per MoU details published by Iran's official IRNA news agency on Wednesday, adding both countries to end naval

Iran and US to end fighting and maritime blockades in the Gulf area per MoU, Iran's official news agency says
Business|Economy|Finance|Stock Markets|US

Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say

Activist investor TOMS Capital Investment Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale

Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say
Economy|Environment|Europe|Finance|MidEast|Stock Markets|US|World

Stocks drop, bond yields rise; Fed keeps rates steady but projects hike for later this year

Major stock indexes fell, bond yields rose and the U.S. dollar extended gains on Wednesday after the Federal Reserve held the benchmark interest

Stocks drop, bond yields rise; Fed keeps rates steady but projects hike for later this year
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street sinks on bets Fed will hike rates this year

The S&P 500 and Nasdaq closed down by more than 1% on Wednesday, as traders bet that the Federal Reserve's next move would be a rate hike after

Wall Street sinks on bets Fed will hike rates this year
Business|Economy|Europe|Technology|World

Germany's Bosch to pay U.S. $36 million for shipments to China's Huawei

German technology company Robert Bosch agreed to pay $36 million to U.S. authorities for shipping over $70 million worth of sensor products and software for cell

Germany's Bosch to pay U.S. $36 million for shipments to China's Huawei
Business|Economy|Finance|Stock Markets|US|World

US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve

U.S. stocks dropped on speculation the Federal Reserve may raise interest rates this year to keep a lid on inflation

US stocks sink on worries about a possible hike to interest rates this year by the Federal Reserve
Business|Crime|Economy|Health|US

Luigi Mangione will assert psychiatric defense in murder case in UnitedHealthcare CEO's killing

Luigi Mangione plans to assert a psychiatric defense at his state murder trial in the killing of UnitedHealthcare CEO Brian Thompson

Luigi Mangione will assert psychiatric defense in murder case in UnitedHealthcare CEO's killing
Business|Economy|Finance|Political|Science|Technology

Bernie Sanders unveils plan to give the public direct ownership of AI companies

Sen. Bernie Sanders is proposing a plan to give Americans ownership stakes in the country’s largest artificial intelligence companies

Bernie Sanders unveils plan to give the public direct ownership of AI companies
Asia|Business|Economy|Political|World

Trump has nothing but praise for Modi at G7 after tensions over US military strike, trade

U.S. President Donald Trump described Indian Prime Minister Narendra Modi as his loyal friend, despite tensions over trade and oil sanctions

Trump has nothing but praise for Modi at G7 after tensions over US military strike, trade
Business|Economy|Science|Technology|World

French president urges US to share cutting-edge AI and democracies to cooperate on regulation

French President Emmanuel Macron is urging the U.S. not to keep cutting-edge AI to itself, calling for global cooperation on AI regulation

French president urges US to share cutting-edge AI and democracies to cooperate on regulation
Business|Economy|Finance|Stock Markets

The Fed’s new era begins. Here’s what it means for your money

The Fed’s new era begins. Here’s what it means for your money

The Fed’s new era begins. Here’s what it means for your money
Economy|Finance|MidEast|Political|Stock Markets|US|World

The interim US-Iran deal leaves the fate of Tehran's nuclear program still to be negotiated

The interim deal between the U.S. and Iran is supposed to usher in a two-month period that would address Tehran’s nuclear program

The interim US-Iran deal leaves the fate of Tehran's nuclear program still to be negotiated
Business|Economy|Environment|Science|Technology

Trump administration to pay $765 million to scrap four more offshore wind leases

The Trump administration on Wednesday said it would pay $765 million to power project developer Invenergy to terminate four wind leases off the coasts of New York, California and

Trump administration to pay $765 million to scrap four more offshore wind leases
Business|Economy|Technology|Travel

JetBlue to scale back Newark, LaGuardia operations, CNBC reports

JetBlue Airways plans to close its flight attendant base at New Jersey's Newark Liberty International Airport and tech operations bases there and at New York's LaGuardia this fall,

JetBlue to scale back Newark, LaGuardia operations, CNBC reports
Business|Economy|World

Diageo new CEO tells executives to cut jobs and costs, FT reports

Johnnie Walker maker Diageo's new boss, Dave Lewis, has asked executives to cut headcount and other costs as he begins restructuring the struggling spirits group, the Financial

Diageo new CEO tells executives to cut jobs and costs, FT reports
Business|Economy|Finance|Stock Markets|World

CME veteran chief Duffy steps down; Fitzpatrick named first woman CEO

Terry Duffy, the longtime leader of CME Group who reshaped the derivatives exchange through two big mergers, plans to

CME veteran chief Duffy steps down; Fitzpatrick named first woman CEO
Business|Economy|Finance|Stock Markets|US|World

Dollar extends gains after Fed holds rates but projects hike later this year

The U.S. dollar extended gains against the euro on Wednesday, after the Federal Reserve held the benchmark interest rate steady and the Fed's statement showed

Dollar extends gains after Fed holds rates but projects hike later this year
Business|Economy|Finance|Stock Markets|World

Nearly half of Fed policymakers see a 2026 rate hike in the cards

Nearly half of Federal Reserve policymakers have lost faith that merely holding borrowing costs steady will be enough to bring inflation back down to their 2% target

Nearly half of Fed policymakers see a 2026 rate hike in the cards
Economy|Finance|Political|US|World

Trump suggests sanctions on Iran could be removed once 'they behave'

U.S. President Donald Trump on Wednesday suggested that sanctions on Iran would be removed once "they behave."

Trump suggests sanctions on Iran could be removed once 'they behave'
Business|Economy|Finance|Stock Markets|US

Traders now see Fed raising rates by September

Short-term U.S. interest-rate futures are now pricing in a bigger chance that the Federal Reserve will deliver a rate hike by September than opt to keep rates where they are. 

Traders now see Fed raising rates by September
Business|Economy|Finance|World

Fed holds steady in Warsh's debut, but hawkish shift fuels bond-market rout

The Federal Reserve held the benchmark interest rate steady on Wednesday and policymakers expect rising  borrowing costs later this year, reflecting growing concerns

Fed holds steady in Warsh's debut, but hawkish shift fuels bond-market rout
Business|Crime|Economy|World

Trump delays spy nominee Clayton's confirmation, wants voter ID law

U.S.

Trump delays spy nominee Clayton's confirmation, wants voter ID law
Arts|Business|Crime|Economy|Education|Entertainment|Environment|Health|Political|Sports|World

Federal lawsuit filed against New Mexico over military spouse law license transfers

Federal lawsuit filed against New Mexico over military spouse law license transfers

Federal lawsuit filed against New Mexico over military spouse law license transfers
Business|Economy

Warsh promises a new vision for the Fed, as his colleagues eye a rate hike instead of a cut

Warsh promises a new vision for the Fed, as his colleagues eye a rate hike instead of a cut

Warsh promises a new vision for the Fed, as his colleagues eye a rate hike instead of a cut
Business|Economy|Finance|Political|US

US tells states to deal with unemployment fraud or face penalties

The U.S. Department of Labor is telling states they have to combat fraud, waste and abuse in their unemployment insurance programs

US tells states to deal with unemployment fraud or face penalties
Economy|Political|World

US releases official agreement with Iran. Read the 14-point text

US releases official agreement with Iran. Read the 14-point text

US releases official agreement with Iran. Read the 14-point text
Business|Economy|Finance|Stock Markets|Technology

SPACs are back, thanks to Wall Street's mega-IPO frenzy

SPACs are making a comeback.

SPACs are back, thanks to Wall Street's mega-IPO frenzy
Business|Economy|Environment|Science|Technology|Travel

Qantas picks London for first record-breaking non-stop flights

Qantas Airways on Wednesday announced London as the first destination for the world's longest non-stop commercial flight, a roughly 20-hour trip

Qantas picks London for first record-breaking non-stop flights
Economy|Environment|World

15 countries in Kenya adopt the Mombasa Declaration to fight illegal fishing

Fifteen countries have adopted the Mombasa Declaration to combat illegal fishing, which experts say costs the global economy up to $50 billion annually

15 countries in Kenya adopt the Mombasa Declaration to fight illegal fishing
Business|Economy|Education|Political|World

Senate committee sets vote on Trump's BLS chief nominee

A U.S. Senate committee will vote next week on whether to advance the nomination of Brett Matsumoto, President Donald Trump's pick to head the U.S.

Senate committee sets vote on Trump's BLS chief nominee
Business|Economy|Europe|Finance|Political|World

EU Council opening communication channels with Kremlin, official says

The office of European Council President Antonio Costa has made "brief contacts at diplomatic level" with the Kremlin in recent weeks "to open

EU Council opening communication channels with Kremlin, official says
Economy|Europe|Political|World

Ukraine working on additional $20 billion military aid from allies, defence minister says

Ukraine is seeking an additional $20 billion in military funding from its allies, Defence Minister Mykhailo Fedorov said on Wednesday at a joint press conference with his Dutch

Ukraine working on additional $20 billion military aid from allies, defence minister says
Economy|Finance|Political|World

US quietly allows waiver on Russian oil to expire

The U.S.

US quietly allows waiver on Russian oil to expire
Business|Economy|Science|Technology

AI lab Odyssey valued at $1.45 billion in latest funding round

 AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.

AI lab Odyssey valued at $1.45 billion in latest funding round
Economy|Europe|Political|Science|Technology|World

'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims

U.S.

'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims
Business|Economy|Finance|Stock Markets|US|World

Treasury yields rise after Warsh's debut meeting brings hawkish shift

Short-term Treasury yields rose to the highest in 16 months on Wednesday after investors took a string of strong economic data, a U.S.

Treasury yields rise after Warsh's debut meeting brings hawkish shift
Business|Economy|Finance|Stock Markets|US|World

Strong US retail sales showcase economy's resilience despite Iran war

U.S. retail sales increased more than expected in May, with households boosting purchases of motor vehicles even as they paid more for gasoline, but a

Strong US retail sales showcase economy's resilience despite Iran war
Business|Crime|Economy|Health|US|World

Luigi Mangione plans ‘extreme emotional disturbance’ defense at CEO killing trial 

Luigi Mangione, the man accused of gunning down a health insurance executive in Manhattan, plans to argue at his murder trial that he was undergoing an

Luigi Mangione plans ‘extreme emotional disturbance’ defense at CEO killing trial 
Economy|Political|World

Brazil pushes for focused rural debt relief as Senate passes broad bill

Brazil's government backs a rural debt renegotiation program but wants it more targeted, the Finance Ministry said on Wednesday.

Brazil pushes for focused rural debt relief as Senate passes broad bill
Business|Economy|Environment|Europe|Finance|Political|World

VW investor Qatar complicates plant deal talks with Israeli arms maker, sources say

Volkswagen's plans for a deal with Israeli arms maker Rafael to use its struggling Osnabrueck plant are being complicated by Qatar's

VW investor Qatar complicates plant deal talks with Israeli arms maker, sources say
Business|Economy|Finance|Stock Markets|US|World

Nippon Steel sees strong American market lifting US Steel earnings

Nippon Steel, the world's No. 3 steelmaker, expects the American market to remain buoyant, supported by import tariffs and resilient

Nippon Steel sees strong American market lifting US Steel earnings
Business|Economy|Political|World

Trump invokes law to increase weapons production after Iran war depleted US stocks

Trump invokes law to increase weapons production after Iran war depleted US stocks

Trump invokes law to increase weapons production after Iran war depleted US stocks
Arts|Business|Crime|Economy|Lifestyle

Jeweler prevents $47,000 scam targeting elderly woman

Jeweler prevents $47,000 scam targeting elderly woman

Jeweler prevents $47,000 scam targeting elderly woman
Asia|Business|Economy|World

China, Myanmar pledge mutual support in joint statement

China on Wednesday issued a joint statement with Myanmar following meetings between their leaders earlier this week in Beijing, saying the two nations will continue to

China, Myanmar pledge mutual support in joint statement
Economy|Europe|Science|Technology|World

At G7, Macron says he expects progress on broadening access to Anthropic's Mythos

French President Emmanuel Macron said on Wednesday he believed progress would be made in coming weeks on broadening access to

At G7, Macron says he expects progress on broadening access to Anthropic's Mythos
Business|Economy|Europe|World

French economic growth seen at 0.7% in 2026 as oil shock hits consumers, says INSEE

France's economy is set for modest growth in 2026 as an oil price spike squeezes consumers, only partially offset by a rebound in industrial output, the national statistics

French economic growth seen at 0.7% in 2026 as oil shock hits consumers, says INSEE
Business|Economy|Finance|Stock Markets|World

Brazil to scrap fuel subsidies if oil stabilizes near $80, official says

Brazil will end subsidies for diesel and gasoline if the price of crude oil stabilizes around $80 per barrel due to progress toward a

Brazil to scrap fuel subsidies if oil stabilizes near $80, official says
Business|Economy|Finance|Stock Markets|World

Dollar jumps as Fed holds rates but projects one hike later this year

The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed's statement

Dollar jumps as Fed holds rates but projects one hike later this year
Business|Economy|Finance|Technology|World

China's industry ministry urges officials to look beyond numbers in economic assessment

China's industry ministry called for "looking beyond the surface of data" in analysing economic operations in a meeting with local industry officials on Wednesday, an

China's industry ministry urges officials to look beyond numbers in economic assessment
Business|Economy|Environment|Science|Technology|World

G7 sets up critical minerals alliance, platform to cut reliance on China

Group of Seven leaders agreed on Wednesday to step up coordination to cut their countries' reliance on China for critical minerals,

G7 sets up critical minerals alliance, platform to cut reliance on China
Business|Economy|Science|Technology

Quantum tech firm EigenQ to go public in $3 billion SPAC deal

EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.

Quantum tech firm EigenQ to go public in $3 billion SPAC deal
Business|Economy|Environment|Finance|Health|World

Federal judge sends Bayer's $7.25 billion Roundup settlement back to Missouri state court

A federal judge sent Bayer's proposed $7.25 billion Roundup settlement back to state court on Wednesday, overruling objections from plaintiffs who had

Federal judge sends Bayer's $7.25 billion Roundup settlement back to Missouri state court
Business|Economy|Finance|Technology

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar

Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon executive Nadia Carlsten as CEO, cementing the former footwear maker's pivot to an AI infrastructure

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar
Economy|Political|World

Iranians see little chance of life improving as interim deal halts war with US

When Iranian Foreign Minister Abbas Araqchi announced the interim deal this week to end the war with the United States, he declared his country the victor.

Iranians see little chance of life improving as interim deal halts war with US
Business|Economy|Finance|Stock Markets|World

Morningstar teams up with Wall Street firms to open private markets to retail investors

The wealth division of Morningstar has teamed up with Apollo Global Management, Franklin Templeton and J.P.

Morningstar teams up with Wall Street firms to open private markets to retail investors
Business|Economy|Europe|Fashion and Beauty|Finance|Lifestyle

Ray-Ban heir Leonardo Maria Del Vecchio steps into the spotlight

Leonardo Maria Del Vecchio, a son of the late founder of EssilorLuxottica, is seeking the financing for a deal to make him the largest shareholder in family

Ray-Ban heir Leonardo Maria Del Vecchio steps into the spotlight
Economy|Europe|Political|World

Trump says he had good talks with Putin and Zelenskiy

President Donald Trump on Wednesday said he has had good talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy on the sidelines of

Trump says he had good talks with Putin and Zelenskiy
Asia|Business|Economy|World

EU and India will formally sign free trade deal by end-2026, says EU chief

The European Union will formally sign its a landmark trade deal with India by the end of this year, European Commission President Ursula von der Leyen said on Wednesday.

EU and India will formally sign free trade deal by end-2026, says EU chief
Business|Economy|Europe|Finance|Stock Markets|World

Repeat of 2022 inflation woes less likely but not excluded, ECB's Sleijpen says

A repeat of the 2022 inflation shock that sent interest rates to their highest level in decades looks less likely at the current juncture but can't be

Repeat of 2022 inflation woes less likely but not excluded, ECB's Sleijpen says
Business|Economy|Finance|Stock Markets|US

Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer

Shoppers stepped up their spending in May, surpassing economists’ expectations, as temperatures warmed and gasoline prices leveled off

Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
Economy|Environment|Health|World

Famine risk rises in 'hunger hotspots', UN warns

Extreme hunger has intensified in 13 "hunger hotspots," and of these Sudan, South Sudan, Yemen, Somalia, Northeast Nigeria and Gaza are at immediate risk of famine without

Famine risk rises in 'hunger hotspots', UN warns
Business|Economy|Finance|Stock Markets|World

Australian regulator tells private credit sector it must refresh asset valuations

Australia's corporate regulator said the country's A$200 billion ($141.14 billion) private credit market must ensure asset valuations accurately reflect

Australian regulator tells private credit sector it must refresh asset valuations
Business|Economy|World

US pending home sales increase to a six-month high in May

Contracts to purchase previously owned U.S. homes increased more than expected in May, though higher mortgage rates and tight supply remained constraints for the

US pending home sales increase to a six-month high in May
Business|Economy|Entertainment|Europe|World

BBC to cut 550 jobs in cost-saving drive, including news division layoffs

Britain's BBC public service broadcaster will cut 550 jobs, including in its news and content divisions, it said on Wednesday, as part of plans under new director-general

BBC to cut 550 jobs in cost-saving drive, including news division layoffs
Economy|Europe|Political|World

Zelenskyy says G7 leaders pledge more vital help for Ukraine against Russia

Ukrainian President Volodymyr Zelenskyy says Ukraine has secured key support from world leaders at the Group of Seven summit in France

Zelenskyy says G7 leaders pledge more vital help for Ukraine against Russia
Business|Economy|World

Chile central bank cuts 2026 GDP forecast, slightly raises inflation view

Chile's central bank on Wednesday lowered its 2026 economic growth forecast to between 1.0% and 1.75%, from the 1.5%-2.5% range projected in March, citing weaker-than-

Chile central bank cuts 2026 GDP forecast, slightly raises inflation view
Business|Economy|Finance|Stock Markets|US

US stocks open higher, spotlight on Fed

The main U.S. stock indexes opened higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.

US stocks open higher, spotlight on Fed
Business|Economy|Finance|Stock Markets|World

UK-India trade deal worth over $6 billion to start July 15

Britain's free trade agreement with India will come into force on July 15, the British government said on Wednesday, reaching agreement to implement the deal despite a

UK-India trade deal worth over $6 billion to start July 15
Business|Economy|Finance|Stock Markets|US

US business inventories increase as expected in April

U.S. business inventories increased strongly in April, suggesting that inventory investment could contribute to economic growth in the second quarter.

US business inventories increase as expected in April
Business|Crime|Economy|Election|Finance|Political|Stock Markets|US

FACT FOCUS: Trump says illegal immigration increased car insurance premiums. Experts say otherwise

President Donald Trump is crediting his tough immigration policies for a drop in car insurance premiums

FACT FOCUS: Trump says illegal immigration increased car insurance premiums. Experts say otherwise
Economy|Education|Environment|Science

Why states are walking back their own climate and energy laws, and what they could do instead

Many steps that are good for clean energy also dovetail with federal priorities, from affordable housing to data centers and rural development.

Why states are walking back their own climate and energy laws, and what they could do instead
Business|Crime|Economy|Environment|Europe|World

Russian businessman Ilya Traber detained in contract killing probe, media report

Prominent Russian businessman Ilya Traber has been detained in connection with an investigation into a suspected contract killing, Russian media reported on Wednesday.

Russian businessman Ilya Traber detained in contract killing probe, media report
Business|Economy|Environment|Science|Technology

Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic

A coalition backed by Big Tech companies

Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic
Business|Economy|Sports|Travel|World

The World Cup returned to Mexico after 40 years. Many locals feel left out

Born in 1986, the last time Mexico hosted a World Cup, Eduardo Marin likes to joke that he’s measured his life not in years,

The World Cup returned to Mexico after 40 years. Many locals feel left out
Economy|Political|World

After war losses, Hezbollah seen gaining from Iran-US deal

Iran's interim deal with the U.S. looks set to bolster Hezbollah's political and financial hand in Lebanon,

After war losses, Hezbollah seen gaining from Iran-US deal
Africa|Crime|Economy|Political|World

South African labour unions urge workers to shun anti-migrant protests

South Africa's biggest labour unions on Wednesday urged workers not to participate in anti-immigrant protests that have seized the country, and said they could face

South African labour unions urge workers to shun anti-migrant protests
Business|Economy|Finance|World

Warsh-led Fed expected to leave interest rates unchanged

The Federal Reserve is expected to hold interest rates steady on Wednesday at the end of the first meeting chaired by Kevin Warsh, with a new policy

Warsh-led Fed expected to leave interest rates unchanged
Business|Economy|Education|Environment|Opinion|Science|Technology

Energy costs are high and unaffordable – what utilities, governments, communities and you can do to help save consumers money

There are opportunities at every level of the US energy market to save consumers money – if governments, companies, communities and individuals choose to act.

Energy costs are high and unaffordable – what utilities, governments, communities and you can do to help save consumers money
Business|Economy|Education|Health|Lifestyle|Opinion|Science|Technology|World

Most American workers are checked out, and like ‘The Office,’ their bosses are the last to know

Less than half of American workers feel that they clearly know what their employers expect from them. And many employees are too discouraged to do their best.

Most American workers are checked out, and like ‘The Office,’ their bosses are the last to know
Crime|Economy|Education|Environment|Health|Political

Buncombe County rises to 5th in NC for fentanyl death rate, data shows

Buncombe County rises to 5th in NC for fentanyl death rate, data shows

Buncombe County rises to 5th in NC for fentanyl death rate, data shows
Arts|Business|Economy|Education|Entertainment|Environment|Science|Travel

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"
Economy|Health|Science

Rural areas lag behind in cancer treatment and prevention – even as rich, urban areas increasingly leave dying from cancer in the rearview

Cancer deaths in the US have dropped steeply since 1991. But the medical and public health advances leading to these declines have been concentrated among high-income areas.

Rural areas lag behind in cancer treatment and prevention – even as rich, urban areas increasingly leave dying from cancer in the rearview
Business|Economy|Finance|Stock Markets

CarMax shares fall after CEO flags high costs, operational shortcomings

CarMax shares fell more than 7.5% on Wednesday as CEO Keith Barr flagged elevated costs and operational shortcomings, after the used-car retailer posted a dip in

CarMax shares fall after CEO flags high costs, operational shortcomings
Business|Economy|MidEast|Political|US|World

Trump threatens to resume bombing campaign if Iran does not "behave"

U.S President Donald Trump said on Wednesday that an interim accord with Iran was not final, and that he could resume a bombing campaign if he did not like

Trump threatens to resume bombing campaign if Iran does not "behave"
Business|Economy|Europe|Food

Brexit 10 years on: UK exporters still adjusting to life outside the EU

When Brexit abruptly ended British cheesemaker Michael Harte’s ambitious European export plans, four years passed

Brexit 10 years on: UK exporters still adjusting to life outside the EU
Asia|Economy|Political|World

South Korea's Lee asks Trump to lead peaceful diplomacy with North Korea

South Korean President Lee Jae Myung asked U.S.

South Korea's Lee asks Trump to lead peaceful diplomacy with North Korea
Business|Economy|Finance|World

BOJ deputy's brief moment at the helm reveals deeper inflation anxiety

When the Bank of Japan's second-in-charge stepped in for his sick boss at this week's historic policy meeting, he delivered a surprisingly blunt message: The

BOJ deputy's brief moment at the helm reveals deeper inflation anxiety
Business|Economy|Finance|Stock Markets|World

European shares end higher as markets await Iran deal details, Fed policy; BMW slides

European shares inched higher on Wednesday as investors awaited details of the U.S.-Iran peace agreement and the Federal

European shares end higher as markets await Iran deal details, Fed policy; BMW slides
Business|Economy|Technology|World

JLR's profit recovery plan disappoints investors despite US growth push

Jaguar Land Rover will prioritise growth in the U.S. as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4%

JLR's profit recovery plan disappoints investors despite US growth push
Business|Economy|Finance|World

Italy's Del Vecchio eyes private debt route as BNP cools on buyout financing, source says

Leonardo Maria Del Vecchio is exploring private debt options to help finance a €10 billion ($11.6 billion) deal to increase his stake in family holding company Delfin, the

Italy's Del Vecchio eyes private debt route as BNP cools on buyout financing, source says
Business|Crime|Economy|World

Judge formally ends US prosecution of Turkey's Halkbank after Trump deal

A federal judge dismissed on Wednesday the U.S.

Judge formally ends US prosecution of Turkey's Halkbank after Trump deal
Business|Economy|Europe|Science|Technology|World

AI will lead to labour shortages, Bezos says in optimistic talk

Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech

AI will lead to labour shortages, Bezos says in optimistic talk
Business|Economy|Europe|Technology|World

UK orders Google to improve search transparency to boost competition

Britain's competition watchdog ordered Google to provide greater transparency on how its search rankings work, part of new rules aimed at securing a "fairer

UK orders Google to improve search transparency to boost competition
Business|Economy|Science|Technology

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials
Economy|Education|Environment|Political|US

DC voters face a new political era without Eleanor Holmes Norton, after her 18 terms in Congress

For the first time in a generation, Washingtonians are waking up to a general election lineup that doesn't include Eleanor Holmes Norton as delegate

DC voters face a new political era without Eleanor Holmes Norton, after her 18 terms in Congress
Business|Economy|Environment|Science|Technology

China's BYD ramps up battery production in Brazil

Chinese electric carmaker BYD is scaling up battery production in Brazil, a senior executive told Reuters, as it pushes deeper into local

China's BYD ramps up battery production in Brazil
Business|Economy|Technology|US|World

Amazon may face penalties from potential FTC ad suit, Bloomberg News reports

Amazon.com may face a U.S.

Amazon may face penalties from potential FTC ad suit, Bloomberg News reports
Business|Economy|Technology

Intel's new manufacturing tech enters initial production

Intel on Tuesday said the new generation of its 18A manufacturing process has entered risk production, as the chipmaker sees strong demand for its central processors.

Intel's new manufacturing tech enters initial production
Business|Economy|Environment|World

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs

Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs
Business|Economy|Political|World

World Bank approves guarantee-backed financing package for Argentina

The World Bank Group on Tuesday approved a guarantee-backed financing

World Bank approves guarantee-backed financing package for Argentina
Business|Economy|Technology|World

Japan manufacturers' sentiment rises for second month on chip-driven demand: Reuters Poll

Japanese manufacturers' sentiment improved for the second consecutive month in June, as persistent semiconductor demand supported chemicals and machinery

Japan manufacturers' sentiment rises for second month on chip-driven demand: Reuters Poll
Business|Economy|Finance|Science|Technology

HSBC partners with Google Cloud to expand AI usage

HSBC on Wednesday announced a multi-year partnership with Alphabet Inc-owned Google Cloud focused on building the British bank's artificial intelligence capabilities.

HSBC partners with Google Cloud to expand AI usage
Business|Economy|Finance|Stock Markets|Technology

US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'

Just days after SpaceX wrapped up its record $75 billion initial public stock offering and ignited another burst of enthusiasm among traders for all things AI, two

US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'
Asia|Business|Economy|World

Japan's exports rise on weak yen, AI boom, but price-led gains mask weak volumes

Japan's exports grew for a ninth straight month in May, data showed on Wednesday, as a weaker yen, higher commodity prices and solid semiconductor demand

Japan's exports rise on weak yen, AI boom, but price-led gains mask weak volumes
Economy|Health

US sues New York health officials over alleged fraud in Medicaid homecare program

The Trump administration sued top New York health officials on Tuesday over an alleged scheme to rig the bidding process for managing the state's

US sues New York health officials over alleged fraud in Medicaid homecare program
Business|Economy|Finance|Stock Markets|Technology

OpenAI burned $3.7 billion in first quarter of 2026, The Information reports

OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company

OpenAI burned $3.7 billion in first quarter of 2026, The Information reports
Business|Economy|Education|Environment|Political|World

G7 leaders pledge to enhance efforts to address global debt vulnerabilities

G7 leaders on Tuesday pledged to step up efforts to address high debt burdens among developing countries,

G7 leaders pledge to enhance efforts to address global debt vulnerabilities
Arts|Business|Crime|Economy|Entertainment|Finance|World

Australia court bans ex-Star CEO for six years over money laundering failures

An Australian court on Wednesday banned former Star Entertainment CEO Matthias Bekier from managing companies for six years and fined him A$700,000 ($494,620) over failure to

Australia court bans ex-Star CEO for six years over money laundering failures
Business|Economy|Environment|Political|World

China calls for more Global South voices to be heard at United Nations

Emerging markets suffer from inadequate representation at the United Nations, its authority increasingly challenged by escalating political and economic disputes worldwide

China calls for more Global South voices to be heard at United Nations
Business|Economy|Finance|Stock Markets|US|World

All eyes on how Warsh walks the line

A look at the day ahead in European and global markets from Tom Westbrook Kevin Warsh wraps up his first Federal Open Market Committee meeting with tumbling oil prices and a tentative peace offering a

All eyes on how Warsh walks the line
Business|Economy|Europe|World

Mood darkens among German auto suppliers as investment, hiring fall, survey shows

German automotive suppliers expecting business conditions to worsen over the next year now outnumber the industry's optimists, a survey showed on Wednesday,

Mood darkens among German auto suppliers as investment, hiring fall, survey shows
Economy|Environment|Political|World

G7 leaders unite in support to Ukraine, agree to add pressure on Russia

The leaders of the G7 countries said on Wednesday they stand united to support Ukraine, including its territorial integrity, and agreed to increase the

G7 leaders unite in support to Ukraine, agree to add pressure on Russia
Business|Economy|MidEast|Political|World

Iran deal includes $300 billion fund, more than half of which already committed, source says

A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and

Iran deal includes $300 billion fund, more than half of which already committed, source says
Economy|Environment|Political|World

Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

Rising inflation and a 30% jump in oil prices are dampening global growth, but leaders of the world's top economies are unlikely to blame U.S.

Trump's Iran war weighs on G7 economies, but don't expect hard talk in France
Business|Economy|Finance|World

Bank of Korea vows to respond until inflation eases towards target

The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the central bank said price pressures were expected to keep inflation above its

Bank of Korea vows to respond until inflation eases towards target
Business|Economy|Technology|World

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting

Toyota Motor shareholders re-elected Akio Toyoda as chairman and backed new CEO Kenta Kon as a board member on Tuesday, endorsing the

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting
Business|Economy|Europe|Science|Technology|World

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech

By Supantha Mukherjee and Leo Marchandon PARIS/STOCKHOLM, June 17 - Europe's quest for technological sovereignty will dominate discussions at the G7 in France and the VivaTech conference in Paris this

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech
Business|Economy|Finance|Stock Markets

As chair, Warsh finally has a chance to put stamp on Fed balance sheet

By Michael S.

As chair, Warsh finally has a chance to put stamp on Fed balance sheet
Economy|Europe|Political|World

US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says

The United States and U.S.

US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says
Asia|Business|Economy|Political|World

Uzbek president pledges continued reforms, tax-free zone at Tashkent forum

Uzbekistan's President Shavkat Mirziyoyev promised on Wednesday to continue economic reforms in the fast-growing Central

Uzbek president pledges continued reforms, tax-free zone at Tashkent forum
Business|Economy|Europe|World

How Brexit is estimated to have hit the UK economy

Britain's economy has seen weak growth overall since it left the European Union at the start of 2020, though disentangling the effects of Brexit from the

How Brexit is estimated to have hit the UK economy
Business|Economy|Europe|World

Northern Ireland tops UK's economic growth charts since Brexit vote

This time 10 years ago, few would have predicted that Northern Ireland would be topping the United Kingdom's economic growth charts after the 2016 vote to leave the

Northern Ireland tops UK's economic growth charts since Brexit vote
Business|Economy|Technology|World

Brembo, Ningbo SAFE form India ABS joint venture

Italian brake maker Brembo and Ningbo SAFE Brakes Systems have agreed to form a joint venture in India to make motorcycle anti-lock braking systems, expanding into a market set for

Brembo, Ningbo SAFE form India ABS joint venture
Business|Economy

Australia's ASX proposes 25% cap on share issuance in M&A without shareholder vote

The Australian Securities Exchange plans to limit companies to issuing no more than 25% of their share capital to fund takeovers without a shareholder vote

Australia's ASX proposes 25% cap on share issuance in M&A without shareholder vote
Business|Economy|Environment|Lifestyle|Technology

Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles

Plug-in hybrids may come in all shapes and sizes, but they all have one thing in common: They’re a great way to dip your toes into the electric vehicle pool without completely giving up the convenience of gasoline

Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles
Business|Economy|World

China central bank's deepening control on short-term rates sparks debate over policy focus

China's central bank announced on Wednesday it was deepening control over short-term money markets and tying overnight money borrowing costs more closely to its benchmark

China central bank's deepening control on short-term rates sparks debate over policy focus
Business|Economy|Finance|World

UK house prices rose by 3.8% in year to April, ONS says

British house prices rose by 3.8% in the year to April, after showing no growth in the year to March, the Office for National Statistics said on Wednesday.

UK house prices rose by 3.8% in year to April, ONS says
Business|Economy|Finance|Travel|World

Australia relaxes Gulf travel advice in boost for Middle Eastern airlines

Australia on Wednesday relaxed its travel advice for several Middle Eastern countries, allowing Australians to transit through and

Australia relaxes Gulf travel advice in boost for Middle Eastern airlines
Africa|Business|Economy|Political|World

South Africa's DA leader seeks to demote agriculture minister

The leader of South Africa's Democratic Alliance has asked President Cyril Ramaphosa for changes to his party's representatives in the cabinet, including the demotion

South Africa's DA leader seeks to demote agriculture minister
Business|Economy|Finance|World

Japan moves toward first-ever consumption tax cut, adds to fiscal strain

Japan is moving toward temporarily cutting its consumption tax on food to 1% in what would be the first effective reduction of its kind, further straining

Japan moves toward first-ever consumption tax cut, adds to fiscal strain
Americas|Business|Economy|Finance|US|World

UN food aid agency gets $800 million grant from US after funding cuts

The United Nations World Food Programme said on Wednesday it welcomed an $800 million contribution from the United States, following previous funding cuts from President

UN food aid agency gets $800 million grant from US after funding cuts
Business|Economy|Europe|Finance|Political|World

ECB wage tracker shows muted pay pressure despite war inflation

Euro zone negotiated wage growth appears to be slowing as predicted, European Central Bank data showed on Wednesday, offering policymakers relief that the Iran-war-

ECB wage tracker shows muted pay pressure despite war inflation
Business|Economy|Technology|World

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say
Business|Economy|Europe|Finance|Stock Markets|World

UK inflation unexpectedly sticks at 13-month low before BoE rate decision

British inflation held at 2.8% in May, unchanged from April's 13-month low and below forecasts from both economists and the Bank of

UK inflation unexpectedly sticks at 13-month low before BoE rate decision
Asia|Business|Economy|World

China issues five-year employment plan, vows to keep job market stable

China's State Council, the cabinet, issued the country's next five-year plan for implementing the "employment-first strategy" on Wednesday, pledging to keep the job market

China issues five-year employment plan, vows to keep job market stable
Business|Economy|Finance|Stock Markets|World

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

Is the second half of 2026 when the U.S. consumer finally cracks and leaves the economy gasping for breath, or will rising inflation and strong

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes
Business|Economy|Education|Environment|Political

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms
Business|Economy|Health|Science|Technology|World

US progesterone supplies tighten as menopause treatment demand grows

U.S. supplies of progesterone are coming under strain, with patients, clinicians, and pharmacists reporting recent intermittent shortages of oral

US progesterone supplies tighten as menopause treatment demand grows
Business|Economy|Finance|Stock Markets|World

Welcome to the Warsh era

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Global stocks were steady on Wednesday as markets awaited

Welcome to the Warsh era
Business|Crime|Economy|Finance

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says

A former Citigroup executive alleged in a lawsuit that she was fired in retaliation for raising regulatory and compliance questions, according to

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says
Business|Economy|Political|US|World

Trump: Clayton DNI confirmation won't go forward until McDonald is confirmed as US Attorney

President Donald Trump said Wednesday's Senate hearing on Jay Clayton's nomination to become the next U.S. spy chief was canceled and would not go forward until James McDonald is

Trump: Clayton DNI confirmation won't go forward until McDonald is confirmed as US Attorney
Business|Economy|Europe|Finance|Stock Markets|World

BMW shares sink after profit warning highlights China and Iran risk

Shares in German premium carmaker BMW fell around 7% on Wednesday to their lowest since late 2020 after it issued a profit warning that surprised some

BMW shares sink after profit warning highlights China and Iran risk
Business|Economy|Finance|Stock Markets|Technology|World

US SEC poised to allow stock token trading in potential market shakeup

U.S. equity markets face a potential shakeup as the Securities and Exchange Commission readies a new policy that would allow crypto companies to offer

US SEC poised to allow stock token trading in potential market shakeup
Asia|Business|Economy|Science|Technology|World

China to support IPOs by 'future industry' startups, large model companies

China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would

China to support IPOs by 'future industry' startups, large model companies
Business|Economy|Finance|World

Canada's Carney isn't having a bilateral meeting with Trump at G7 but says it's not a snub

Canadian Prime Minister Mark Carney will leave the G7 summit without a formal meeting with U.S. President Donald Trump as the free trade agreement between the countries faces an uncertain future

Canada's Carney isn't having a bilateral meeting with Trump at G7 but says it's not a snub
Business|Economy|Environment|Political

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats
Economy|Election|Europe|Political|World

Why 0.1% of Britons could determine the prime minister’s fate

Why 0.1% of Britons could determine the prime minister’s fate

Why 0.1% of Britons could determine the prime minister’s fate
Economy|Political|World

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress

President Donald Trump said on Tuesday he was willing to send his interim deal to end the war with Iran for review by the U.S.

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress
Business|Economy|Finance|World

Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent

Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-

Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent
Business|Economy|Entertainment|Finance|Stock Markets|Technology|US|World

AT&T names Jennifer Biry as CFO from 2027, Desroches to retire

Telecom provider AT&T said on Tuesday Pascal Desroches will retire as CFO at the end of 2026 and that Jennifer Biry would succeed him.

AT&T names Jennifer Biry as CFO from 2027, Desroches to retire
Business|Economy|Environment|World

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite

Cargill is studying the feasibility of using beef tallow to produce biodiesel in Brazil, a trader for the firm said on Tuesday, as U.S. tariffs have made exports of the

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite
Economy|Election|Finance|World

Most Americans see freedoms under threat but core to nation's identity, AP-NORC poll finds

A new AP-NORC poll has found that most Americans believe civil liberties like the right to vote are under threat

Most Americans see freedoms under threat but core to nation's identity, AP-NORC poll finds
Business|Economy|Election|Finance|Sports|Stock Markets|US|World

Georgia Republicans choose Collins for Senate and Jackson for governor, a mixed result for Trump

Georgia Republicans delivered a split decision for Donald Trump in Tuesday runoffs

Georgia Republicans choose Collins for Senate and Jackson for governor, a mixed result for Trump
Business|Economy|Interview|Science|Technology

Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI

Nvidia CEO Jensen Huang — whose work helped propel artificial intelligence — is stressing in an Associated Press interview that society has no choice but to change in the advent of AI

Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI
Business|Crime|Economy|Education|Political

Federal government seeks to halt the first U.S. reparations program for Black people

The federal government has asked a judge to halt the United States' first reparations program in Evanston, Illinois

Federal government seeks to halt the first U.S. reparations program for Black people