U.S. World Business Lifestyle
Today: May 25, 2026
Today: May 25, 2026

Economy

Business|Economy|Finance|World

US regulators sign off on large bank 'living wills'

A pair of U.S. banking regulators have signed off on plans submitted by the nation's largest banks detailing how they could be safely unwound in

US regulators sign off on large bank 'living wills'
Business|Economy|Finance|Stock Markets|US

Soaring stocks could face rocky patch as earnings wind down, yields perk up

High-flying U.S. equities could face turbulence in the final days of a blowout corporate earnings season as investors confront an increasingly tricky

Soaring stocks could face rocky patch as earnings wind down, yields perk up
Business|Economy|Finance

Warsh takes the Fed's helm as inflation climbs, consumer sentiment dives

Kevin Warsh was sworn in as chair of the U.S.

Warsh takes the Fed's helm as inflation climbs, consumer sentiment dives
Business|Economy|World

Mexico, EU sign stalled trade deal as they aim to diversify from US

Mexico and the European Union signed a long-stalled free trade agreement on Friday as they seek to decrease dependence

Mexico, EU sign stalled trade deal as they aim to diversify from US
Business|Economy|Finance|Stock Markets|Technology

Lantheus weighs potential $7 billion sale after Curium's offer, Bloomberg News reports

Radiopharmaceutical-focused company Lantheus Holdings is weighing a potential sale after getting a takeover offer from private-equity backed Curium Pharma that values it at about $7

Lantheus weighs potential $7 billion sale after Curium's offer, Bloomberg News reports
Arts|Business|Economy|Health|Sports|Technology

An SNL 'All Drug Olympics?' Not quite. But these Enhanced Games are no joke

The event that tackles the age-old question, “What would happen if we just let all the athletes take drugs?”

An SNL 'All Drug Olympics?' Not quite. But these Enhanced Games are no joke
Economy|Political|World

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health

Tulsi Gabbard has resigned as President Trump’s director of national intelligence, citing her husband's battle with cancer

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health
Business|Economy

Trump veers off-topic during speech in New York that was supposed to be on the economy

President Donald Trump has begun testing his midterm message, focusing on the economy

Trump veers off-topic during speech in New York that was supposed to be on the economy
Business|Economy|Environment|Health|Science

Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims

A proposed $7.25 billion settlement over claims that Roundup weedkiller causes cancer now faces potential delays

Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims
Asia|Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The split between Wall Street and most U.S. households keeps growing wider

Wall Street keeps rising, even as U.S. households keep getting more discouraged
Business|Economy|Environment|Lifestyle|Travel

Memorial Day weekend could be costly and chaotic whether you’re on the road, in the sky or just staying home

Memorial Day weekend could be costly and chaotic whether you’re on the road, in the sky or just staying home

Memorial Day weekend could be costly and chaotic whether you’re on the road, in the sky or just staying home
Business|Economy|Europe|Finance|Stock Markets|Technology|World

ECB rebuffs proposals to boost euro stablecoins as too risky

The European Central Bank warned European Union finance ministers on Friday that proposals to issue more euro stablecoins could

ECB rebuffs proposals to boost euro stablecoins as too risky
Business|Economy|Technology

Google appeals US court ruling on search monopoly

Alphabet's Google on Friday appealed a Washington federal judge's ruling that it holds illegal monopolies in online search and related advertising. 

Google appeals US court ruling on search monopoly
Business|Economy|Political|US|World

First USMCA negotiations to focus on content rules, economic security, Greer says

U.S.

First USMCA negotiations to focus on content rules, economic security, Greer says
Business|Economy|Technology|World

USTR Greer sees no immediate chip tariffs but says protection important for sector

U.S.

USTR Greer sees no immediate chip tariffs but says protection important for sector
Arts|Business|Economy|Entertainment|Europe|Fashion and Beauty|Lifestyle|World

Leaks, demands and a phone call: how Estée Lauder's Puig deal fell apart

U.S. cosmetics maker Estée Lauder and Spanish perfume group Puig had been finalising the details of a deal when talks

Leaks, demands and a phone call: how Estée Lauder's Puig deal fell apart
Business|Economy|Environment|MidEast|Political|World

US Secretary of State Rubio sees progress in Iran talks, more work to be done

The United States has seen some progress towards a deal with Iran but more work is required, Secretary of State Marco

US Secretary of State Rubio sees progress in Iran talks, more work to be done
Business|Economy|Finance|Technology|World

Wall Street rises, Dow hits record high as Middle East hopes lift sentiment

U.S. stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks

Wall Street rises, Dow hits record high as Middle East hopes lift sentiment
Business|Economy|Finance|Political|World

Brazil blocks more spending, widens 2026 deficit view

Brazil's government announced on Friday a fresh 22.1 billion reais ($4.40 billion) spending block to comply with an expenditure growth cap in its fiscal framework, adding

Brazil blocks more spending, widens 2026 deficit view
Business|Economy|Election|Finance|Political|World

Lula leads Flavio Bolsonaro in Brazil election poll after Banco Master scandal

Brazilian President Luiz Inacio Lula da Silva leads opposition Senator Flavio Bolsonaro in the race for this year's presidential election, gaining ground after reports

Lula leads Flavio Bolsonaro in Brazil election poll after Banco Master scandal
Business|Economy|Political|World

Trump's Cuba strategy echoes his Venezuela playbook. But there are key differences

The Trump administration’s strategy against Cuba is looking a lot like the playbook for Venezuela

Trump's Cuba strategy echoes his Venezuela playbook. But there are key differences
Business|Economy|Europe|Political|World

Slovenia approves Jansa as PM-designate, paving way for reforms

Slovenia’s parliament approved right-leaning leader Janez Jansa as prime minister-designate on Friday, paving the way for a new government that has pledged tax reliefs,

Slovenia approves Jansa as PM-designate, paving way for reforms
Business|Economy|Environment|World

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors

Iran's publication of a new map asserting its control over the Strait of Hormuz risks extending an already punishing ordeal for thousands of

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors
Business|Economy|Health|Technology

Hyundai to recall over 421,000 US vehicles over software brake issue, NHTSA says

Hyundai Motor is recalling 421,078 vehicles in the U.S. over a software error that may cause an unexpected application of brakes, the U.S.

Hyundai to recall over 421,000 US vehicles over software brake issue, NHTSA says
Business|Economy|Europe|World

Logistics giants urge EU to phase in low-value package duty rules

DHL, FedEx and UPS urged European Union finance ministers to phase in new duty rules on low-value packages on Friday, warning of supply chain

Logistics giants urge EU to phase in low-value package duty rules
Business|Economy|Entertainment|Environment|Fashion and Beauty|Technology

Shein to buy apparel retailer Everlane

U.S. apparel brand Everlane said on Friday it had reached an agreement to be acquired by online retailer Shein, giving the fast-fashion company ownership of a brand known for

Shein to buy apparel retailer Everlane
Business|Economy|World

Oil prices settle higher on slow progress in US-Iran peace talks

Oil prices climbed on Friday, as investors worried that the U.S. and Iran would be unable to reach a peace agreement that would allow shipping traffic to

Oil prices settle higher on slow progress in US-Iran peace talks
Business|Economy|Political|World

Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank

President Donald Trump has overseen the White House swearing-in of the new Federal Reserve chair

Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank
Business|Economy|Environment|Fashion and Beauty|Lifestyle

Everlane shoppers come unraveled over sale to Shein

Everlane shoppers come unraveled over sale to Shein

Everlane shoppers come unraveled over sale to Shein
Economy|World

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy

Kevin Warsh sworn in as Fed chair at pivotal moment for US economy
Business|Economy|Technology|World

US appeals court revives $82 million of verdict against Ford in trade secrets case

A U.S. appeals court on Friday revived $82.2 million of a $104.6 million verdict that Versata Software won against Ford for breaching a licensing

US appeals court revives $82 million of verdict against Ford in trade secrets case
Business|Economy|Finance|Stock Markets|World

Dollar near six-week high amid Iran war jitters

The dollar held near six-week highs on Friday as traders weighed the prospects of a near-term deal to end the Middle East war

Dollar near six-week high amid Iran war jitters
Business|Economy|World

Angst over rising cost of living pushes US consumer sentiment to record low

U.S. consumer sentiment fell to a record low in May as surging gasoline prices linked to the Iran war intensified affordability concerns, highlighting

Angst over rising cost of living pushes US consumer sentiment to record low
Economy|Political|World

Western powers press Israel to rein in settlers, halt expansion

Israel must halt the expansion of settlements in the West Bank and curb growing settler violence, seven major Western nations said on Friday, accusing the Israeli government

Western powers press Israel to rein in settlers, halt expansion
Business|Crime|Economy|Europe|World

Turkey court ruling adds to crackdown on main opposition CHP

A Turkish court annulled the main opposition party's 2023 congress, effectively ousting its leader Ozgur Ozel, in a ruling that has inflamed a

Turkey court ruling adds to crackdown on main opposition CHP
Business|Economy|Finance|Stock Markets|World

European shares end at more than one-month high on tech boost

European shares finished at their highest in over a month on Friday, led by technology stocks as risk sentiment got a lift on expectations

European shares end at more than one-month high on tech boost
Economy|Health|Science|World

Congo province bans funeral wakes to contain Ebola's spread

The eastern Democratic Republic of Congo province most affected by the country's Ebola outbreak banned funeral

Congo province bans funeral wakes to contain Ebola's spread
Business|Economy|Europe|Political|World

Swiss widen sanctions against Russia, Belarus in line with EU measures

Switzerland expanded its sanctions lists against Russia and Belarus on Friday, adopting parts of the European Union's latest package of measures over Moscow's war in Ukraine

Swiss widen sanctions against Russia, Belarus in line with EU measures
Economy|Europe|MidEast|Political|World

France readies UN resolution on Hormuz as vote on US text stalls

France has drafted a U.N.

France readies UN resolution on Hormuz as vote on US text stalls
Economy|Health|Political|Science|Technology

FDA staff blindsided by move allowing more e-cigarettes and nicotine pouches onto US market

The Associated Press has learned that officials at the Food and Drug Administration were blindsided by a recent policy change allowing more electronic cigarettes and nicotine pouches to hit the U.S. market

FDA staff blindsided by move allowing more e-cigarettes and nicotine pouches onto US market
Business|Economy|Finance|Stock Markets|Technology|US

SpaceX to allow early share resale before usual six‑month lock-up

SpaceX plans to allow a large portion of its shares to become eligible for resale before the usual six‑month restriction period post-IPO, under a

SpaceX to allow early share resale before usual six‑month lock-up
Business|Economy|Environment|Fashion and Beauty|Finance|Stock Markets|US

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane in an unlikely fit

Everlane, which bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion Shein, founded in China

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane in an unlikely fit
Business|Economy|US|World

High gas prices, cost of living send US consumer sentiment to all-time low

High gas prices, cost of living send US consumer sentiment to all-time low

High gas prices, cost of living send US consumer sentiment to all-time low
Business|Economy|Environment|Finance|Travel

New York LaGuardia runway reopens after repairs

New York's LaGuardia airport has reopened a runway that had been closed because of a sinkhole on Wednesday, snarling flights for the busy Memorial Day travel

New York LaGuardia runway reopens after repairs
Asia|Business|Economy|Political|World

Taiwan says it has not been told by US of arms sales delays

Taiwan's government said on Friday it had not received any information about U.S. arms sales delays, after a senior U.S. official suggested there was a pause due to the need

Taiwan says it has not been told by US of arms sales delays
Business|Economy|Finance|Stock Markets|World

Wall St rises at open, Dow hits record high

Wall Street's main indexes opened higher on Friday with the Dow hitting an intraday record high as investors watched for progress in talks to end the nearly three-month Middle East

Wall St rises at open, Dow hits record high
Business|Economy|Finance|World

Canada March retail sales grow 0.9%; seen up 0.6% in April

Canada's retail sales in March grew by 0.9%, beating expectations, to C$72.67 billion  ($52.64 billion) primarily led by sales at gasoline stations and fuel vendors, as

Canada March retail sales grow 0.9%; seen up 0.6% in April
Business|Economy|Europe|Political|World

Portugal says budget balance 'extremely difficult' after huge storm costs

Portugal will find it extremely difficult to achieve a balanced budget this year after storms in January and February cost the state €2 billion ($2.3 billion), or about 0.6%

Portugal says budget balance 'extremely difficult' after huge storm costs
Business|Economy|Finance|Stock Markets|World

Dow hits first intraday record high since February

The Dow Jones Industrial Average hit an intraday record high on Friday, its first since the U.S.-Iran war began, as AI-driven trade and market optimism over negotiations to end the

Dow hits first intraday record high since February
Business|Economy|Environment|Political|World

Carney stresses importance of Alberta after separation vote announcement

Prime Minister Mark Carney on Friday stressed Alberta's importance to Canada, a day after the oil-rich province announced a non-binding referendum on whether its residents

Carney stresses importance of Alberta after separation vote announcement
Business|Economy|Environment|World

Trafigura plans to withdraw LME copper stocks ahead of US tariff ruling, sources say

Commodity trader Trafigura plans to take large amounts of copper from London Metal Exchange warehouses in New Orleans, two industry

Trafigura plans to withdraw LME copper stocks ahead of US tariff ruling, sources say
Business|Economy|Finance|Stock Markets|US

First Carolina files for IPO as US bank listings heat up

First Carolina Financial Services filed for a U.S. initial public offering on Friday, disclosing a jump in first-quarter profit as a strong run of new listings by U.S. banks extends

First Carolina files for IPO as US bank listings heat up
Business|Economy|Finance|Stock Markets|World

Mexico economy shrinks in first quarter, but beats bleakest forecasts

Mexico's economy shrank 0.6% in the first quarter from the previous three-month period, data from the national statistics agency INEGI showed

Mexico economy shrinks in first quarter, but beats bleakest forecasts
Business|Economy|Europe|Finance|Stock Markets|US|World

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'

Federal Reserve Governor Christopher Waller, an influential voice in policymaking who until recently had advocated for lower

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'
Economy|MidEast|Political|World

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source

A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help secure a deal to end the war with Iran and resolve outstanding issues, a

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source
Asia|Business|Economy|Political|World

Taiwan's government says US hasn't notified it of any pause in a planned $14B arms sale

Taiwan's government says it hasn't been notified of any pause in a planned $14 billion U.S. arms sale to the self-governing island

Taiwan's government says US hasn't notified it of any pause in a planned $14B arms sale
Arts|Business|Economy|Entertainment|Travel|World

Abu Dhabi is ‘doubling down’ on tourism despite Iran war

Abu Dhabi is ‘doubling down’ on tourism despite Iran war

Abu Dhabi is ‘doubling down’ on tourism despite Iran war
Economy|Environment|Science|World

Cuba needs a long-term solution to its energy crisis

Short-term humanitarian aid won’t go far in alleviating Cuba’s long-term energy crisis.

Cuba needs a long-term solution to its energy crisis
Business|Economy|Education|Opinion

Detroit’s high property taxes are driving a housing affordability crisis – how can city leaders bring down costs?

Property tax reform in Detroit could boost homeownership and attract new residents and businesses.

Detroit’s high property taxes are driving a housing affordability crisis – how can city leaders bring down costs?
Economy|Health|Science

Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice

Changes in how healthcare is managed have had a meaningful effect on what contraceptive options are available to women.

Reduced health insurance payments for hospital births had a bigger impact on sterilization rates than correcting an injustice
Arts|Economy|Opinion|World

America’s nonprofit sector is pushing back against an ‘authoritarian playbook’

The Trump administration has made many threats against nonprofits whose missions it disagrees with.

America’s nonprofit sector is pushing back against an ‘authoritarian playbook’
Arts|Business|Economy|Education|Entertainment|Environment|Technology

Today’s bans on DIY repairs of everything from cell phones to tractors grew out of Hollywood’s fear of videotaping

Efforts to use technology to police copyright evolved into companies using copyright law to lock people out of repairing their own devices.

Today’s bans on DIY repairs of everything from cell phones to tractors grew out of Hollywood’s fear of videotaping
Economy|Finance|Science|Stock Markets|Technology|World

Brittle bonds and AI boom face off

Everything the ROI team are reading, watching and listening to over the weekend. From Mike Dolan, Editor-at-Large, Markets & Finance Hello Morning Bid readers! 

Brittle bonds and AI boom face off
Business|Economy|Finance|Stock Markets|World

U.S. equity funds record outflows on caution over higher yields

U.S. equity funds recorded a second weekly outflow in nine weeks in the week to May 20 as investors locked in profits from a recent rally on caution over rising inflation and a

U.S. equity funds record outflows on caution over higher yields
Business|Economy|Election|Finance|Political|Stock Markets|World

Ankara court rejects Turkish main opposition's appeal against ruling to oust leader, media says

An Ankara court on Friday rejected an appeal by Turkey's main opposition Republican People's Party (CHP) against a ruling to oust its leader, the Cumhuriyet daily and other

Ankara court rejects Turkish main opposition's appeal against ruling to oust leader, media says
Business|Economy|Europe|Political|World

Turkey opposition vows to resist court ruling as political crisis deepens

Turkey's opposition vowed on Friday to resist an unprecedented court ruling that ousted its leader, inflamed a political crisis and

Turkey opposition vows to resist court ruling as political crisis deepens
Economy|Education|Health|Political|World

China to expand public service access for migrant workers

China issued guidelines on Friday to expand coverage of basic public services to people who don't have household registration in the cities where they work, a move that

China to expand public service access for migrant workers
Business|Economy|Finance|Stock Markets|Technology|World

From Meta to SpaceX: how dual-class shares keep founders in control

The dual-class share structure outlined in SpaceX's IPO filing, which grants CEO Elon Musk outsized control, has revived one of Wall Street's oldest

From Meta to SpaceX: how dual-class shares keep founders in control
Business|Economy|Finance|Stock Markets|World

Global equity fund investors halt eight-week buying streak as bond yields rise

Global equity funds recorded the first weekly outflow in nine weeks in the week through May 20, as investors turned cautious over inflation and a rise in long-term borrowing costs

Global equity fund investors halt eight-week buying streak as bond yields rise
Business|Economy|Finance|World

Level-setting the Warsh Fed, in Warsh's own words

Kevin Warsh has been a sharp critic of the Federal Reserve for the last 15 years, ever since leaving his job there as a governor in 2011.

Level-setting the Warsh Fed, in Warsh's own words
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Republicans revolt over Trump’s $1.8 billion ‘anti-weaponization’ fund

Republicans revolt over Trump’s $1.8 billion ‘anti-weaponization’ fund

Republicans revolt over Trump’s $1.8 billion ‘anti-weaponization’ fund
Business|Economy|Education|Technology

How to AI-proof your job

How to AI-proof your job

How to AI-proof your job
Economy|Environment|Lifestyle|Science|Sports

Minnesota DNR proposes walleye bag limit change

Minnesota DNR proposes walleye bag limit change

Minnesota DNR proposes walleye bag limit change
Business|Economy|Health|Lifestyle

Florida residents facing mounting frustration over health insurance companies denying prescription coverage

Florida residents facing mounting frustration over health insurance companies denying prescription coverage

Florida residents facing mounting frustration over health insurance companies denying prescription coverage
Business|Economy|Lifestyle|US|World

Is it finally a buyer’s market? That depends where you look for a home

Is it finally a buyer’s market? That depends where you look for a home

Is it finally a buyer’s market? That depends where you look for a home
Business|Economy|Finance|Stock Markets|Technology

Workday shares jump as AI demand eases investor concerns

Workday shares jumped 8.5% on Friday after the enterprise software maker beat first-quarter revenue and profit estimates, easing concerns that AI rivals such as Anthropic could

Workday shares jump as AI demand eases investor concerns
Business|Economy|Europe|Finance|World

Spain to introduce job-matching plan for migrants granted legal status

Spain will introduce a plan to match migrants to jobs under a programme to grant legal status to around half a million undocumented workers to help drive

Spain to introduce job-matching plan for migrants granted legal status
Business|Economy|Europe|World

StanChart CEO apologises for 'upset caused' by AI comments

Standard Chartered CEO Bill Winters apologised for the upset caused to staff by his remarks about artificial intelligence replacing "lower value" human workers, but stopped

StanChart CEO apologises for 'upset caused' by AI comments
Asia|Business|Economy|Finance|World

Citi to boost Asia wealth business with 'significant' hires, global head says

Citigroup plans to allocate a significant portion of its global wealth management hiring to Asia, where its private bank is growing faster and generating

Citi to boost Asia wealth business with 'significant' hires, global head says
Business|Economy|Europe|Finance|World

Germany's residential construction drops to 13-year low

Residential construction in Germany dropped to a 13-year low in 2025, hurt by higher building costs and interest rates, putting pressure on the government to step up

Germany's residential construction drops to 13-year low
Business|Economy|Finance|Political|World

UAE's Gargash sees '50-50' odds of US-Iran deal, warns against renewed fighting

There is a "50-50 chance" of a U.S.-Iran peace agreement, the United Arab Emirates' presidential advisor said on Friday, but stressed that

UAE's Gargash sees '50-50' odds of US-Iran deal, warns against renewed fighting
Business|Economy|Science|Technology

Space ETFs booming in anticipation of SpaceX IPO

Space-themed exchange-traded funds are blasting off, with asset managers rushing to issue new products ahead of the much-anticipated IPO

Space ETFs booming in anticipation of SpaceX IPO
Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance

Estée Lauder soars, Puig dips after merger talks collapse

Estée Lauder's shares rose about 13% while Puig fell roughly 14% in early trading on Friday after the Spanish perfumer and the American

Estée Lauder soars, Puig dips after merger talks collapse
Business|Economy|Environment|Europe|World

Explosion at MOL's Tiszaujvaros petrochemical plant in Hungary kills one

A pipeline explosion at Hungarian oil and gas group MOL's petrochemical plant in Tiszaujvaros that killed one person and

Explosion at MOL's Tiszaujvaros petrochemical plant in Hungary kills one
Economy|Europe|Political|World

EU in stagflationary trend, must not risk fiscal crisis, ministers say

Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be

EU in stagflationary trend, must not risk fiscal crisis, ministers say
Arts|Asia|Business|Economy|Education|Entertainment|Lifestyle|Political|World

India’s Gen Z have flipped the lowly cockroach into a symbol of defiance

India’s Gen Z have flipped the lowly cockroach into a symbol of defiance

India’s Gen Z have flipped the lowly cockroach into a symbol of defiance
Business|Economy|Environment|Food|Health|Science

A proposed additive ban could change New York’s pizza and bagels, some say for the better

New York City's iconic pizzerias and bagel shops may soon be forced to update their long-standing baking practices after state lawmakers moved to ban a common additive

A proposed additive ban could change New York’s pizza and bagels, some say for the better
Arts|Business|Economy|Entertainment

Paul McCartney helps Stephen Colbert say goodbye to 'The Late Show' in ambitious final show

Stephen Colbert has wrapped up his final broadcast of CBS' “The Late Show” with a memorable night

Paul McCartney helps Stephen Colbert say goodbye to 'The Late Show' in ambitious final show
Business|Economy|Finance

Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system

Donald Trump has a reputation for slashing his taxes using techniques that some experts find aggressive

Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax system
Business|Economy|Finance|Stock Markets|World

UBS lifts S&P 500 annual forecast on robust consumer spending, AI demand

UBS Global Wealth Management has raised its 2026 year-end forecast for the S&P 500 to 7,900 from 7,500, citing resilient consumer spending and strong demand for data center

UBS lifts S&P 500 annual forecast on robust consumer spending, AI demand
Business|Economy|Europe|Finance|Stock Markets|World

German Ifo business sentiment unexpectedly rises but outlook stays weak

German business morale unexpectedly improved in May, a survey showed on Friday, but economists warn that the outlook for Europe's biggest economy remains

German Ifo business sentiment unexpectedly rises but outlook stays weak
Business|Economy|Finance|Political|World

ECB will have to respond to inflation increase, EU's Dombrovskis says

European Economy Commissioner Valdis Dombrovskis said on Friday that it is clear the European Central Bank will need to react to rising inflation.

ECB will have to respond to inflation increase, EU's Dombrovskis says
Business|Economy|Environment|Technology

Tesla to recall over 14,500 Model Y SUVs in US over missing weight certification label

Tesla is recalling 14,575 Model Y SUVs in the U.S., over a missing certification label with weight specifications, the U.S.

Tesla to recall over 14,500 Model Y SUVs in US over missing weight certification label
Economy|Education|Election|Environment|Political

Trump won over more Latino voters in 2024. Can he keep them?

President Donald Trump made inroads with Latino voters in 2024, earning support that helped propel him to a second term in the White House

Trump won over more Latino voters in 2024. Can he keep them?
Business|Economy|Europe|Finance|Stock Markets|World

JPMorgan sees Turkey central bank lift interest rates to 40% imminently

Investment bank JPMorgan said on Friday that Turkey's central bank was likely to hike its key interest rate to 40% and could even do so before its next planned meeting in

JPMorgan sees Turkey central bank lift interest rates to 40% imminently
Economy|Europe|Finance|World

Pound softens as UK consumers cut spending, public finances worsen

The pound edged lower on Friday as uncertainty over the status of peace talks between the U.S. and Iran prompted investors to buy the dollar and after UK

Pound softens as UK consumers cut spending, public finances worsen
Business|Economy|Technology|World

Samsung workers begin voting on pay deal, some non-chip employees to oppose it

Samsung Electronics' workers in South Korea on Friday began voting on a pay deal that ensures huge bonuses for its memory chip workers, but other employees

Samsung workers begin voting on pay deal, some non-chip employees to oppose it
Business|Economy|Finance|World

When does this end?

World markets remain at the mercy of diplomacy as the Iran war approaches the end of its third month with no clear resolution in sight.

When does this end?
Asia|Business|Economy|Travel|World

China foreign minister to chair UN Security Council meeting in US, visit Canada

China's Foreign Minister Wang Yi will travel to New York and chair a high-level meeting of the UN Security Council on May 26, the Chinese foreign ministry said on Friday.

China foreign minister to chair UN Security Council meeting in US, visit Canada
Business|Economy|Europe|Finance|World

German consumer sentiment recovers heading into June, survey finds

German consumer sentiment recovered heading into June, as households' income expectations improved, a survey found on Friday.

German consumer sentiment recovers heading into June, survey finds
Business|Economy|Finance|World

UK retail sales drop by most in nearly a year as drivers buy less fuel

British retail sales fell by the most in nearly a year in April as fuel sales plummeted, according to official figures published on Friday that added to

UK retail sales drop by most in nearly a year as drivers buy less fuel
Business|Economy|Environment|Finance|Stock Markets|World

Barclays keeps $100 Brent oil forecast for 2026 but risks skew higher

Barclays is maintaining its 2026 average Brent crude oil price forecast at $100 a barrel though risks are skewing higher, the bank said in a note on Friday.

Barclays keeps $100 Brent oil forecast for 2026 but risks skew higher
Business|Economy|Europe|Finance|World

German economy grows by 0.3% in Q1, driven by exports

The German economy grew by 0.3% in the first quarter of 2026 compared with the previous quarter, the statistics office said on Friday, confirming its

German economy grows by 0.3% in Q1, driven by exports
Business|Economy|Finance|Political|World

UK borrowing jumps as Reeves faces up to Iran war challenge

Britain's public finances showed the biggest shortfall since the COVID-19 pandemic in April in what could be an early taste of the budget hit facing

UK borrowing jumps as Reeves faces up to Iran war challenge
Africa|Economy|Europe|Political|World

In Spain's greenhouses, migrant amnesty brings hope of better conditions

After seven years living as an undocumented migrant in Spain, doing day jobs and staying in shanty towns, Moroccan Abdelmoujoud Erra

In Spain's greenhouses, migrant amnesty brings hope of better conditions
Business|Economy|World

High hopes dashed: UK cost-of-living woes snare Starmer

Prime Minister Keir Starmer's failure to allay concerns about the cost of living is driving dissatisfaction with his government among Britons, adding to

High hopes dashed: UK cost-of-living woes snare Starmer
Business|Economy|Finance|Stock Markets|US

Nomura pivots away from Fed rate cuts in 2026 as inflation risks linger

Nomura has joined a growing chorus of brokerages expecting the U.S.

Nomura pivots away from Fed rate cuts in 2026 as inflation risks linger
Asia|Business|Economy|Finance|Science|Technology|World

AMD ramping up Taiwan capacity as global CPU market tightens

Advanced Micro Devices is working with Taiwan partners to ramp up production capacity as stronger-than-expected demand squeezes the global

AMD ramping up Taiwan capacity as global CPU market tightens
Business|Economy|Europe|Technology|World

ECB, banks rift hampers Europe's efforts to loosen reliance on US payments giants

Europe's push to curb its dependence on U.S. payments giants Visa and Mastercard has driven a wedge between the European Central Bank

ECB, banks rift hampers Europe's efforts to loosen reliance on US payments giants
Business|Economy|Environment|Political|World

Housing squeeze in Swiss boom region fuels support for population cap

Since 1990, the population in the Swiss village of Knonau has more than doubled, driven by an economic boom in one of the country's most business

Housing squeeze in Swiss boom region fuels support for population cap
Asia|Business|Economy|Technology|World

Lenovo Q4 revenue tops estimates on strong PC sales; shares jump 15%

Lenovo Group reported a better-than-expected 27% jump in quarterly revenue on Friday, as strong consumer demand for PCs ahead of potential

Lenovo Q4 revenue tops estimates on strong PC sales; shares jump 15%
Business|Economy|Finance|Stock Markets|World

JPMorgan looks to offload exposure to $4 billion in private equity-linked loans, FT reports

JPMorgan is seeking to offload risk tied to more than $4 billion in loans to private equity funds, Financial Times reported on Friday, citing people familiar with matter.

JPMorgan looks to offload exposure to $4 billion in private equity-linked loans, FT reports
Business|Economy|Finance|World

India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say

India's central bank does not see interest rate hikes as the best way to defend the embattled rupee, three sources said, a position at odds

India central bank not in favour of rate hikes to defend rupee, prioritises inflation, sources say
Business|Economy|Europe|World

InPost says FedEx-led $9 billion buyout offer to run from May 26 to July 27

Polish parcel locker company Inpost said on Friday that the €7.8 billion ($9 billion) buyout offer from a consortium made up of FedEx, Advent International and other InPost

InPost says FedEx-led $9 billion buyout offer to run from May 26 to July 27
Asia|Business|Economy|World

APEC trade envoys gather in China to discuss trade imbalances, supply chain resilience

Asia-Pacific trade envoys gathered in China are expected to discuss multilateral cooperation, trade imbalances and supply chain

APEC trade envoys gather in China to discuss trade imbalances, supply chain resilience
Business|Economy|Europe|Technology|World

Europe's AI stocks shine through gloom of Iran war

A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets as the energy shock triggered by

Europe's AI stocks shine through gloom of Iran war
Australia|Business|Economy

Australia fines Coles over milk supply deals; flags Brownes' pricing practices

Australia’s competition watchdog said on Friday that Coles and dairy firm Brownes Foods Operations each paid A$39,600 ($28,270.44) after receiving infringement notices for

Australia fines Coles over milk supply deals; flags Brownes' pricing practices
Asia|Business|Economy|Finance|World

New Zealand central bank to hold rates at 2.25% on May 27; slim majority expect Q3 hike: Reuters poll

The Reserve Bank of New Zealand is expected to keep its key policy rate unchanged on Wednesday but a slim majority of economists in a Reuters poll now

New Zealand central bank to hold rates at 2.25% on May 27; slim majority expect Q3 hike: Reuters poll
Business|Economy|Environment|Finance|World

India's job engine strains as Iran war hits remittances and trade

The war in the Middle East is squeezing two pillars of Indian employment, forcing Gulf-based workers home and crushing demand for the country's

India's job engine strains as Iran war hits remittances and trade
Asia|Business|Economy|World

Hengli, China's silk-to-petrochemicals empire, faces the chill of US sanctions

The Hengli Group, built by a husband and wife duo over three decades from a bankrupt textile mill into a Fortune Global 500 giant

Hengli, China's silk-to-petrochemicals empire, faces the chill of US sanctions
Asia|Economy|Political|World

The differences — and similarities — in the Trump and Putin visits to China

Chinese leader Xi Jinping's recent summits with U.S. President Donald Trump and Russia's Vladimir Putin highlighted different dynamics with each country

The differences — and similarities — in the Trump and Putin visits to China
Business|Economy|Environment

Puerto Rico governor promises to alleviate power and water shortages

Puerto Rico Gov. Jenniffer González is pledging to boost the amount of electric energy available to power the U.S. territory as chronic outages persist

Puerto Rico governor promises to alleviate power and water shortages
Business|Economy|Finance|World

Japan will avoid over-reliance on debt for extra budget, finance minister says

Japanese Finance Minister Satsuki Katayama said on Friday the government will seek to avoid overly relying on new debt issuance if it were to compile an extra

Japan will avoid over-reliance on debt for extra budget, finance minister says
Economy|Political|US|World

US hits nine Hezbollah-aligned individuals in Lebanon with sanctions

The United States on Thursday announced sanctions against nine individuals, including Iran's designated ambassador to Lebanon, for obstructing the peace

US hits nine Hezbollah-aligned individuals in Lebanon with sanctions