U.S. World Business Lifestyle
Today: May 24, 2026
Today: May 24, 2026

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Business|Economy|World

UK firms report slide in activity due to Iran war and political turmoil

British companies are suffering their most widespread drop in activity in over a year due to the economic fallout from the Iran war and political

UK firms report slide in activity due to Iran war and political turmoil
Business|Economy|Europe|Finance|World

German private sector contracts for second month running, PMI shows

Germany's private sector activity contracted for a second consecutive month in May as the Iran war put the brakes on the country's economic recovery,

German private sector contracts for second month running, PMI shows
Arts|Business|Economy|Finance|MidEast|Stock Markets|US|World

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook

A wave of retail-driven trading dynamics is reshaping how markets respond to U.S.

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook
Arts|Economy|Entertainment|Lifestyle|Political|Travel|World

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign
Asia|Business|Economy|Finance|Stock Markets|World

Dollar dips on hopes for Iran deal, yen near danger zone

The U.S. dollar retreated from a six-week high on Wednesday on rising hopes that the U.S. is nearing a deal with Iran to end the war in the Middle East.

Dollar dips on hopes for Iran deal, yen near danger zone
Business|Economy|Finance

Bank of England has time to gauge impact of Iran war, Bailey says

A rise in market interest rates since the start of the Iran war has given the Bank of England more time to assess the economic impact

Bank of England has time to gauge impact of Iran war, Bailey says
Business|Economy|Finance|Stock Markets

Discount retailer TJX raises annual forecasts as US shoppers hunt for value

TJX Cos raised its annual comparable sales and profit forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious consumers increasingly

Discount retailer TJX raises annual forecasts as US shoppers hunt for value
Business|Economy|Election|Finance|Political|US|World

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda

A small but growing group of Republican lawmakers is showing independence from President Donald Trump

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda
Business|Economy|Finance|World

US mortgage rates rise to 6.56%, MBA says

The rate on the most popular U.S. home loan rose last week to its highest in seven weeks, as concerns about inflation from higher oil prices and an uncertain outlook for the Iran

US mortgage rates rise to 6.56%, MBA says
Europe|MidEast|Political|World

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says

Turkey said on Wednesday that Germany would send it a Patriot missile defence system for a six-month deployment from June to replace a system deployed as part of NATO

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says
Business|Economy|Finance|Science|Stock Markets|Technology|World

As stocks slump, cue Nvidia

(Corrects paragraph 10 to say BoE kept interest rates on hold at its last meeting) A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough

As stocks slump, cue Nvidia
Business|Economy|Finance|World

UK inflation dips in only temporary relief from Iran war impact

British inflation cooled by more than expected in April but the slowdown did little to mask a tough outlook for households, with global costs

UK inflation dips in only temporary relief from Iran war impact
Business|Economy|Environment|Europe|Technology

Europe EV sales leap as Iran war pushes up petrol pump prices

Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of

Europe EV sales leap as Iran war pushes up petrol pump prices
Business|Economy|Finance|Stock Markets|World

US stocks fall further from their records after bond markets crank up the pressure

The U.S. stock market gave back more of its record-setting rally

US stocks fall further from their records after bond markets crank up the pressure
Business|Economy|Finance|Stock Markets|World

The market powerful enough to sway stocks and Trump is rumbling again

The bond market is making noise again

The market powerful enough to sway stocks and Trump is rumbling again
Business|Economy|World

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage
Australia|Business|Economy|Finance|World

Australia consumer sentiment edges up in May but remains gloomy

Australia's consumer sentiment rose in May as the oil shock triggered by the Iran war showed signs of easing slightly, but uncertainty over energy supplies and the third

Australia consumer sentiment edges up in May but remains gloomy
Business|Economy|World

Bank of England's Greene says central banks can't assume Iran war impact will be temporary

Bank of England interest rate-setter Megan Greene said central banks should

Bank of England's Greene says central banks can't assume Iran war impact will be temporary
Business|Economy|Finance|Stock Markets|US|World

US home builder sentiment ticks up in May but broad pessimism remains prevalent

U.S. home builder sentiment unexpectedly improved in May, but construction firm attitudes about the housing market remain subdued as the war in Iran stokes inflation pressures that

US home builder sentiment ticks up in May but broad pessimism remains prevalent
Europe|MidEast|Opinion|Political|World

Why the Iran war is breaking the US-European strategic alliance

European leaders are learning they cannot rely on Washington, and that the US will act against their interests and at their economic expense.

Why the Iran war is breaking the US-European strategic alliance
Americas|Political|Technology|US|World

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture
Economy|Europe|Political|World

Putin to visit Chinese leader Xi Jinping days after Trump's trip to Beijing

Russian President Vladimir Putin will meet with Chinese leader Xi Jinping on a two-day trip to Beijing next week, the Kremlin says

Putin to visit Chinese leader Xi Jinping days after Trump's trip to Beijing
Business|Economy|Finance|Stock Markets|Technology|World

Stock markets worldwide drop from records as worries about oil prices rattle the bond market

The U.S. stock market fell from its records and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market

Stock markets worldwide drop from records as worries about oil prices rattle the bond market
Europe|MidEast|Political|US|World

Pentagon halts deployments to Poland and Germany to cut troop numbers in Europe, AP sources say

The Pentagon is drawing down thousands of troops in Europe by stopping units from deploying to Poland and Germany as opposed to yanking those already stationed there

Pentagon halts deployments to Poland and Germany to cut troop numbers in Europe, AP sources say
Political|World

Israeli forces set up a camp in the Iraqi desert during Iran war, officials say

Israeli forces set up a temporary post in the Iraqi desert during the U.S.-Israeli war with Iran, according to officials

Israeli forces set up a camp in the Iraqi desert during Iran war, officials say
Business|Crime|Economy|World

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours
Business|Economy|Environment|Political|US|World

Trump says he is losing patience with Iran after talks with China's Xi

U.S.

Trump says he is losing patience with Iran after talks with China's Xi
Business|Economy|Finance|Stock Markets|World

Cisco leads Wall Street to more records and the Dow back to 50,000

The U.S. stock market rose to more records after Cisco Systems joined the parade of companies reporting fatter profits for the start of 2026 than analysts expected

Cisco leads Wall Street to more records and the Dow back to 50,000
Business|Economy|Europe|Finance|World

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure

Bank of England Chief Economist Huw Pill said on Thursday a "prompt but modest" increase in interest rates would help to head off the risk of inflation pressure caused by

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure
Business|Economy|Finance|Stock Markets|US

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials

Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
Business|Economy|Environment|Finance|Lifestyle|Stock Markets

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon
Business|Economy|Political|World

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast
Business|Economy|World

White House scrambles for gas-price relief as Iran war drags on

Trump administration officials are scrambling to contain the economic and political fallout of the war with Iran, three people

White House scrambles for gas-price relief as Iran war drags on
Business|Economy|Environment|Political|World

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk

Iran’s foreign minister urged BRICS nations on Thursday to condemn what he called violations of international law by the United States

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk
Business|Economy|Finance|Stock Markets|World

AI rally powers on, Trump-Xi summit takes centre stage

A look at the day ahead in European and global markets from Ankur Banerjee The record-setting AI-led rally appears to be chugging along just fine as investors shrug off the prospect of interest rates

AI rally powers on, Trump-Xi summit takes centre stage
Asia|Business|Economy|Environment|Finance|Political|World

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity

BRICS foreign ministers have started a two-day meeting in New Delhi

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity
Political|World

UAE denies Netanyahu secretly visited the country during the Iran war

Israeli Prime Minister Benjamin Netanyahu’s office says he quietly visited the United Arab Emirates during the Iran war

UAE denies Netanyahu secretly visited the country during the Iran war
Business|Economy|Travel|World

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market

Air India's thousands of flight cuts due to the Iran war and Pakistan's airspace ban have become a boon for foreign carriers, with Lufthansa Group

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market
Business|Economy|Europe|World

Gloom in UK housing market shows no sign of lifting, RICS survey shows

Buyers in Britain's housing market stayed downbeat last month as the economic fallout from the Iran war and rising mortgage rates weighed on sentiment, a survey from the Royal

Gloom in UK housing market shows no sign of lifting, RICS survey shows
Business|Economy|Finance|World

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting

Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Business|Economy|World

Iran, Ukraine wars deliver worst hit in years to oil refining output

Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months,

Iran, Ukraine wars deliver worst hit in years to oil refining output
Business|Economy|World

Fed is 'dead serious' about getting inflation down, Kashkari says

Minneapolis Federal Reserve President Neel Kashkari said on Wednesday that the U.S. labor market looks "a bit better" than it did earlier this year, while the Iran war has worsened

Fed is 'dead serious' about getting inflation down, Kashkari says
Business|Economy|Finance|Stock Markets|US|World

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers

U.S. wholesale inflation came in hot last month

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers
Business|Economy|Environment|World

US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

US grocery prices rose in April, but gas spikes weren't the only reason
Business|Economy|Environment|Political|World

How has the Iran war affected Middle East states?

LONDON, May 13 - The war that began on February 28 with a massive Israeli-U.S. bombing campaign against Iran has rocked the entire Middle East, wreaking damage to infrastructure and economies and

How has the Iran war affected Middle East states?
Business|Crime|Economy|Europe|Finance|Political|World

Iran war brings Turkey-PKK peace process to near standstill

Just two weeks after Turkey's parliament made recommendations on how to advance the country's peace process with Kurdish

Iran war brings Turkey-PKK peace process to near standstill
Arts

Swiss considering rival air defences after Washington delays Patriots over Iran war

Switzerland said on Wednesday it will look into whether to buy air-defence systems from other suppliers, after the United States informed it that long-delayed Patriot

Swiss considering rival air defences after Washington delays Patriots over Iran war
Business|Economy|Finance|World

India races to shield economy from Iran war-driven oil shock, capital stress

A sustained spike in energy prices triggered by the Iran war has clouded India's macroeconomic outlook, spurring crisis-era measures from

India races to shield economy from Iran war-driven oil shock, capital stress
Business|Crime|Economy|Education|Environment|Political|World

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming

Israel has escalated its attacks in Gaza in the five weeks since halting its joint bombing with the

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming