Senate is set to confirm Trump pick Warsh as chairman of the Federal Reserve, following Powell
Read full article: Senate is set to confirm Trump pick Warsh as chairman of the Federal Reserve, following PowellThe Senate is moving to confirm Kevin Warsh as chairman of the Federal Reserve.
China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow
Read full article: China's Alibaba reports 38% jump in AI and cloud revenue as it races to growChina's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before.
Malaysia says Iranian oil transfers near its waters exploit a maritime loophole
Read full article: Malaysia says Iranian oil transfers near its waters exploit a maritime loopholeMalaysia’s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters.
Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate
Read full article: Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hateOpen Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate.
AP Exclusive: Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacks
Read full article: AP Exclusive: Senate Democrats plan to force votes on Consumer Financial Protection Bureau rollbacksSenate Democrats plan to force Republicans to go on record about the Trump administration's dismantling of the Consumer Financial Protection Bureau.
Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply
Read full article: Some Japanese snack packages are turning black-and-white as Iran war depletes ink supplyThe packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink.
Wall Street is mixed following another discouraging inflation report and a recovery for tech stocks
Read full article: Wall Street is mixed following another discouraging inflation report and a recovery for tech stocksWall Street is drifting in mixed trading after another discouraging update on inflation and a recovery for technology stocks.
Trump arrives in Beijing for talks with China's Xi on Iran war, trade and US arms sales to Taiwan
Read full article: Trump arrives in Beijing for talks with China's Xi on Iran war, trade and US arms sales to TaiwanThe welcoming ceremony for U_S_ President Donald Trump as he arrived in Beijing for a summit with Chinese leader Xi Jinping has included a military honor guard, a military band and hundreds of Chinese youths waving flags and chanting, “Warm welcome!”.
Trump's proposed 'Golden Dome' estimated to cost $1.2 trillion, far more than he initially said
Read full article: Trump's proposed 'Golden Dome' estimated to cost $1.2 trillion, far more than he initially saidPresident Donald Trump's plan to put weapons in space, called the “Golden Dome for America” missile defense program, is estimated to cost much more than he originally said.
Trump's FDA chief is out after angering pharma CEOs, vaping lobbyists and anti-abortion activists
Read full article: Trump's FDA chief is out after angering pharma CEOs, vaping lobbyists and anti-abortion activistsMarty Makary is resigning as President Donald Trump's Food and Drug Administration chief.
Denver airport security missed trespasser who was killed by plane on runway
Read full article: Denver airport security missed trespasser who was killed by plane on runwayDenver airport workers initially missed a security breach by a man who scaled an 8-foot perimeter fence and crossed a runway where he was hit and killed by a plane with 231 people on board.
Musk, Cook, Huang and other prominent US executives invited to join Trump on trip to China
Read full article: Musk, Cook, Huang and other prominent US executives invited to join Trump on trip to ChinaProminent U.S. executives from Big Tech and Wall Street to agriculture and aerospace will join President Donald Trump on his trip to China this week.
Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge
Read full article: Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridgeProsecutors have filed criminal charges against the operator of the ship that crashed into Baltimore’s Francis Scott Key Bridge in March 2024 leading to the deaths of six construction workers.
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
Read full article: The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the USU.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.
Online seller eBay rejects GameStop's $56 billion takeover offer
Read full article: Online seller eBay rejects GameStop's $56 billion takeover offerOnline seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.”.
Deal reached with hackers to delete data stolen from the Canvas educational platform
Read full article: Deal reached with hackers to delete data stolen from the Canvas educational platformInstructure, the company behind the online learning system Canvas, has reached a deal with hackers to delete data stolen in a cyberattack.
Amazon looks to redefine a need for speed with 30-minute deliveries
Read full article: Amazon looks to redefine a need for speed with 30-minute deliveriesAmazon is rapidly opening store-sized delivery hubs in dozens of U.S. and foreign cities to fulfill customers’ most urgent product needs in 30 minutes or less.
The Latest: Starmer fights for political survival as calls for his resignation grow in UK
Read full article: The Latest: Starmer fights for political survival as calls for his resignation grow in UKU.K. Prime Minister Keir Starmer is fighting for his political survival after a disastrous set of results in local elections for his Labour Party last week.
OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk
Read full article: OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon MuskOpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker.
Trump and Xi dialed down the trade war, but challenges lurk at their China summit
Read full article: Trump and Xi dialed down the trade war, but challenges lurk at their China summitPresident Donald Trump claims America is profiting from trade with China despite tensions over rare earth minerals, tariffs and emerging technologies like AI.
Trump administration cancels rule that made conservation a 'use' of public lands
Read full article: Trump administration cancels rule that made conservation a 'use' of public landsThe Interior Department is canceling a rule that put public lands conservation on equal footing with development.
Orlando music venue owner ‘Uncle Lou’ gets visit from congressman after ICE detainment, ‘just wants to get back’
Read full article: Orlando music venue owner ‘Uncle Lou’ gets visit from congressman after ICE detainment, ‘just wants to get back’Known in Orlando's indie music scene as "Uncle Lou," Cleon Williams, 62, has been inside the Orange County Jail for two days on an immigration hold.
The MD-11 cargo planes involved in last fall's deadly UPS crash in Louisville return to the air
Read full article: The MD-11 cargo planes involved in last fall's deadly UPS crash in Louisville return to the airThe model of cargo plane that crashed in Louisville, Kentucky, last fall after an engine fell off a UPS plane as it was taking off resumed flying over the weekend.
Universal, UCF launch school to shape future of themed entertainment
Read full article: Universal, UCF launch school to shape future of themed entertainmentThe two Orlando powerhouses announced the launch of the Universal School of Experience Leadership and Innovation, a first-of-its-kind program designed to train the next generation of immersive experience leaders.
Businesses are facing rising costs during the Iran war, and economists expect more strains ahead
Read full article: Businesses are facing rising costs during the Iran war, and economists expect more strains aheadCosts are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months.
Trump says he’ll move to suspend federal gasoline tax. He needs an OK from Congress
Read full article: Trump says he’ll move to suspend federal gasoline tax. He needs an OK from CongressPresident Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war.
US home sales flat in April as lackluster spring homebuying season lurches forward
Read full article: US home sales flat in April as lackluster spring homebuying season lurches forwardSales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year.
Google disrupts hackers using AI to exploit an unknown weakness in a company's digital defense
Read full article: Google disrupts hackers using AI to exploit an unknown weakness in a company's digital defenseGoogle said Monday that it had disrupted a criminal group’s attempt to use artificial intelligence to exploit another company’s previously unknown digital vulnerability, adding to heightened worries across government and private industry about AI’s risks for cybersecurity.
Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
Read full article: Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closedU.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war.
Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll finds
Read full article: Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll findsA new poll finds that younger Americans are more pessimistic than older ones about the state of the job market.
Venezuela's leader to defend her country's claim over mineral-rich Guyana region before UN court
Read full article: Venezuela's leader to defend her country's claim over mineral-rich Guyana region before UN courtVenezuela’s acting President Delcy Rodríguez has arrived in the Netherlands to defend her country’s claim to a mineral- and oil-rich region in western Guyana before the United Nations highest court in a dispute that has spanned decades.
NTSB gathering details on Frontier Airlines evacuation after plane hit and killed person in Denver
Read full article: NTSB gathering details on Frontier Airlines evacuation after plane hit and killed person in DenverThe National Transportation Safety Board says it is gathering information about the evacuation of a Frontier Airlines plane after it hit a person on the runway at Denver International Airport during takeoff.
Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of Hormuz
Read full article: Saudi oil giant Aramco sees 25% jump in Q1 profit after shifting exports from Strait of HormuzAramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies.
Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soar
Read full article: Oregon Democrats found a way to improve roads. Now their gas tax goes before voters as prices soarA referendum on Oregon's primary ballot seeking to repeal a Democratic gas tax increase is complicating the affordability message central to the party's midterm election strategy.
Iran war could make Trump's trip to China a bit chillier than his first-term visit
Read full article: Iran war could make Trump's trip to China a bit chillier than his first-term visitPresident Donald Trump's trip to China may not come with the same fanfare that accompanied his first-term visit.
Iran responds to US ceasefire proposal but Trump rejects it as 'unacceptable'
Read full article: Iran responds to US ceasefire proposal but Trump rejects it as 'unacceptable'Iran has sent its response to the latest U_S_ ceasefire proposal via Pakistani mediators, but U_S_ President Donald Trump quickly rejected it as “TOTALLY UNACCEPTABLE!”.
Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to hold
Read full article: Iran warns the US against attacks on its oil tankers and other ships but ceasefire appears to holdIran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked.
China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit
Read full article: China says April exports jump 14.1% from a year ago ahead of Trump-Xi summitChina says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
Tesla recalls some Cybertrucks for wheel issue and more than 200,000 other cars for camera failure
Read full article: Tesla recalls some Cybertrucks for wheel issue and more than 200,000 other cars for camera failureTesla is recalling 173 Cybertrucks because cracking in the rotor could cause the wheel stud to separate from the wheel hub, increasing the risk of a crash and injury.
Trump administration settles meatpacking antitrust case in bid to bring down grocery prices
Read full article: Trump administration settles meatpacking antitrust case in bid to bring down grocery pricesThe Trump administration has reached a proposed settlement in an antitrust case against Agri Stats, a data-sharing company for the meatpacking industry.
US stocks rise to records after a solid jobs report overshadows higher oil prices
Read full article: US stocks rise to records after a solid jobs report overshadows higher oil pricesU.S. stocks rose to records following the latest sign that the nation’s job market is doing better than economists expected.
Alarmed ASEAN leaders adopt crisis plan to mitigate backlash from Middle East war
Read full article: Alarmed ASEAN leaders adopt crisis plan to mitigate backlash from Middle East warSoutheast Asian leaders have adopted in an annual summit a contingency plan to mitigate the impact of the Iran war on their people and economies but acknowledged it will be difficult to enforce complex steps like establishing a regional fuel reserve to ensure a steady supply.
Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court
Read full article: Federal court rules against new global tariffs Trump imposed after loss at the Supreme CourtA federal court has ruled against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court.
New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy
Read full article: New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthyNew York state lawmakers are expected to place a new tax on luxury second homes in New York City, appeasing Mayor Zohran Mamdani and his progressive base as he moves to fund his ambitious agenda on the backs of the rich.
Both engines shut off and cockpit struggle came before 2022 China plane crash, NTSB data suggests
Read full article: Both engines shut off and cockpit struggle came before 2022 China plane crash, NTSB data suggestsBoth engines were intentionally shut down and there was a cockpit struggle before a China Eastern Airlines jet slammed into a mountain in 2022.
Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffs
Read full article: Trump says EU has until July 4 to approve last year’s trade deal or it will face higher tariffsPresident Donald Trump says goods from the European Union will face higher tariff rates if the 27-member bloc fails to approve last year’s trade framework by July 4.
French prosecutors seek charges against Elon Musk and X over child sexual abuse images
Read full article: French prosecutors seek charges against Elon Musk and X over child sexual abuse imagesFrench prosecutors are seeking charges against Elon Musk and X for child sexual images on the platform, deepfakes, disinformation and complicity in denying crimes against humanity by Grok.
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April
Read full article: US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAmerica’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
Whirlpool has been rattled by rising costs and that now means higher prices for customers
Read full article: Whirlpool has been rattled by rising costs and that now means higher prices for customersWith the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business.
FDA's new playbook: Lots of media announcements but not much rulemaking
Read full article: FDA's new playbook: Lots of media announcements but not much rulemakingHealth Secretary Robert F. Kennedy Jr. and other health officials have repeatedly announced major changes before any new rules have been drafted.
US jobless claim applications rise to 200,000 but remain historically low despite economic headwinds
Read full article: US jobless claim applications rise to 200,000 but remain historically low despite economic headwindsU.S. jobless claim applications rose last week but remain at historically low levels despite elevated inflation and other economic headwinds.
McDonald's focus on value lifts first-quarter sales, but company says gas prices could dent demand
Read full article: McDonald's focus on value lifts first-quarter sales, but company says gas prices could dent demandMcDonald’s posted better-than-expected sales in the first quarter but said high gas prices and consumer anxiety could dent sales this spring.
US military says it intercepted Iranian attacks on 3 Navy ships in Strait of Hormuz
Read full article: US military says it intercepted Iranian attacks on 3 Navy ships in Strait of HormuzThe U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”.
‘We just all need help:’ Orlando Spirit workers rally together after closure
Read full article: ‘We just all need help:’ Orlando Spirit workers rally together after closureThe shutdown of Spirit Airlines has left hundreds of employees in Orlando facing uncertainty, heartbreak and questions about how they will move forward after suddenly losing their jobs.
Ted Turner's vision of news as global and continuous changed both the industry and society itself
Read full article: Ted Turner's vision of news as global and continuous changed both the industry and society itselfTed Turner’s death comes at a fraught time for cable news, which has struggled to retain viewership in an era of countless media choices and abundant streaming video.
DoorDash plans to spend more than $50 million on gas price relief for its drivers this spring
Read full article: DoorDash plans to spend more than $50 million on gas price relief for its drivers this springDoorDash said Wednesday it expects to spend more than $50 million in the second quarter on gas price relief for its delivery drivers.
Worries about AI's risks to humanity loom over the trial pitting Musk against OpenAI's leaders
Read full article: Worries about AI's risks to humanity loom over the trial pitting Musk against OpenAI's leadersQuestions about the dangers of artificial intelligence have been looming over the trial pitting Elon Musk against OpenAI CEO Sam Altman.
Why gasoline costs 52% more in the US than it did before the Iran war
Read full article: Why gasoline costs 52% more in the US than it did before the Iran warThe price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began.
Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen
Read full article: Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopenWith hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.
IRS may owe you a refund for coronavirus-era fines. Here's how to apply
Read full article: IRS may owe you a refund for coronavirus-era fines. Here's how to applyMillions of taxpayers penalized by the IRS during the coronavirus pandemic for late payments or filings may qualify for refunds or penalty terminations.
Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds
Read full article: Lower-income Americans hit hardest by gas price spike, widening inequalities, study findsLower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy’s disparities, new research released Wednesday showed.
Rutgers University withdraws invite to a graduation speaker over his criticism of Israel
Read full article: Rutgers University withdraws invite to a graduation speaker over his criticism of IsraelRutgers University has canceled a planned graduation speech by business leader Rami Elghandour after students raised concerns about his criticism of Israel on social media.
The Latest: US military fires on Iranian-flagged oil tanker as Trump presses for deal to end war
Read full article: The Latest: US military fires on Iranian-flagged oil tanker as Trump presses for deal to end warA U.S. fighter jet on Wednesday fired on an Iranian oil tanker in the Gulf of Oman as it tried to breach the U.S. blockade of Iran’s ports, the U.S. military said.
Venezuela tells UN court that mineral-rich part of Guyana was fraudulently taken in colonial era
Read full article: Venezuela tells UN court that mineral-rich part of Guyana was fraudulently taken in colonial eraVenezuela insists that a mineral-rich region of Guyana was fraudulently taken in the 19th century.
Disney offsets fewer overseas visitors with streaming and strong spending at theme parks
Read full article: Disney offsets fewer overseas visitors with streaming and strong spending at theme parksDisney exceeded most expectations in the second quarter due to strength in its streaming service and strong spending at U.S. theme parks that offset weak international tourism.
Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 million
Read full article: Some iPhone owners could get up to $95 payment after Apple agrees to settle case for $250 millionApple has agreed to a $250 million settlement in a class-action lawsuit over false advertising of Siri's AI capabilities.
Rising fuel costs push summer airfares higher, travel experts say
Read full article: Rising fuel costs push summer airfares higher, travel experts sayTravel experts say rising fuel costs are driving up airfare prices, and the trend is unlikely to reverse anytime soon — leaving many would-be vacationers paying more or rethinking their plans altogether.
US fires on Iranian oil tanker as Trump pressures Tehran for deal to end war
Read full article: US fires on Iranian oil tanker as Trump pressures Tehran for deal to end warThe U.S. military fired on an Iranian oil tanker as President Donald Trump sought to pressure Tehran into reaching a deal to end the war.
Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz
Read full article: Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of HormuzOil prices sank, and stock markets rallied worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.
Man charged in US with stealing $450 million from Mexican billionaire in loan scheme
Read full article: Man charged in US with stealing $450 million from Mexican billionaire in loan schemeU.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
US rights agency sues New York Times for discriminating against white man passed over for promotion
Read full article: US rights agency sues New York Times for discriminating against white man passed over for promotionA federal civil rights agency filed a discrimination lawsuit Tuesday against the New York Times, claiming that the new organization passed over a white male employee for a promotion in favor of a lesser qualified woman to meet its diversity goals.