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Today: June 03, 2026
Today: June 03, 2026

Economy

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CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
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Fatal Virginia bus crash raises concerns about the long list of unfulfilled safety recommendations

Commercial buses still lack the kind of collision-avoidance technology and emergency braking systems that have become standard on many new cars despite the fact that the National Transportation Safety Board has been recommending it for years

Fatal Virginia bus crash raises concerns about the long list of unfulfilled safety recommendations
Business|Economy|Education|Election|Environment|Finance|Political|Stock Markets|US|World

House again considers war powers resolution to halt military action against Iran

The House is preparing to vote on whether to halt the U.S. military action against Iran

House again considers war powers resolution to halt military action against Iran
Business|Economy|Education|Technology

US agency considers reforming, ending $3 billion school internet subsidy program

The U.S.

US agency considers reforming, ending $3 billion school internet subsidy program
Americas|Business|Economy|Finance|Stock Markets|World

Brazil's May trade surplus beats forecasts as prices lifts exports

Brazil's trade surplus reached $7.8 billion in May, official data showed on Wednesday, above market expectations, as higher prices drove export growth at a faster pace

Brazil's May trade surplus beats forecasts as prices lifts exports
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US consumers, businesses squeezed by inflation, Fed survey shows

Federal Reserve Chairman Kevin Warsh inherits an economy still riding an investment boom but showing signs of consumer strain, weak hiring and

US consumers, businesses squeezed by inflation, Fed survey shows
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US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|World

Citi hires Konstantynova as new COO for wealth from McKinsey

Andy Sieg, Citi's head of wealth management, announced on Tuesday the hiring of Nadiya Konstantynova as the division's new chief operating officer.

Citi hires Konstantynova as new COO for wealth from McKinsey
Americas|Business|Economy|Political|World

Brazil rejects proposed US tariffs related to forced labor

The Brazilian government expressed "deep disagreements" with the United States' proposal of new tariffs linked to forced labor in a statement on Wednesday, saying the

Brazil rejects proposed US tariffs related to forced labor
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Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement

Monetary compensation becomes key sticking point in Iran deal as Trump bristles at comparison to Obama agreement
Business|Economy|Finance|Political|Stock Markets|US

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits

Treasury Secretary Scott Bessent is refusing to say whether President Donald Trump and his family will still receive immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund

Treasury Secretary Scott Bessent refuses to say whether Trump remains exempt from IRS audits
Business|Crime|Economy|Technology

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market
Business|Economy|Political|World

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine

Trump is quietly rebuilding his tariff engine
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The Latest: Rubio hopes talks between Lebanon and Israel will end hostilities

Secretary of State Marco Rubio says he hopes high-level talks between Israel and Lebanon will lead to a joint statement on ending hostilities

The Latest: Rubio hopes talks between Lebanon and Israel will end hostilities
Business|Crime|Economy|Education|Environment|Health|Lifestyle|US

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion

Community helps victims rebuild lives after apartment explosion
Business|Economy|Europe|Political

British trade minister says rejoining EU would not fix UK's issues

Rejoining the European Union would not "magically solve" Britain's issues, even if the country's long-term future lies with Europe, business and trade

British trade minister says rejoining EU would not fix UK's issues
Business|Economy|World

How US, Europe and Britain target goods made with forced labour

The United States has proposed new tariffs on imports from 60 economies after accusing trading partners of failing to keep goods made with forced labour out of their markets.

How US, Europe and Britain target goods made with forced labour
Business|Economy|Environment|Science|Technology

Tesla rolls out unsupervised robotaxis in Austin

Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing

Tesla rolls out unsupervised robotaxis in Austin
Americas|Business|Economy|Political|World

Bolivia's new defense minister pledges to clear roadblocks as protests drag on

Bolivia's President Rodrigo Paz on Wednesday named Ernesto Justiniano as defense minister, who promised to clear roadblocks following weeks of social unrest and mass

Bolivia's new defense minister pledges to clear roadblocks as protests drag on
Economy|World

Iran hits Kuwait, US strikes near Hormuz in Gulf flare-up

Gulf hostilities flared again on Wednesday as Iranian attacks on Kuwait damaged its airport and injured dozens while the U.S. military

Iran hits Kuwait, US strikes near Hormuz in Gulf flare-up
Business|Economy|Finance|Stock Markets|US|World

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'

Wall Street's nine-week rally has pushed U.S. stock indexes to successive new highs, but people who watch key options metrics warn that signs are

US stock options watchers warn Wall Street's rally 'ripe for volatility spasms'
Business|Economy|Finance|Sports|Stock Markets

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites

France may be leading one race for the World Cup trophy, but in the markets' version of the global showpiece tournament, retail and beverage stocks are

Soccer-France, retail, beverage stocks: Brazil brokerage picks World Cup favourites
Economy|Education|Environment|Political|World

Five countries elected to UN Security Council; Germany misses out

The United Nations General Assembly on Wednesday elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago and Zimbabwe to the 15-member U.N.

Five countries elected to UN Security Council; Germany misses out
Business|Economy|Finance|Stock Markets|Technology

Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debut

Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer price in their New York Stock Exchange debut on Wednesday, setting the

Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debut