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

Economy

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EU, US committed to complying with trade deal, says U.S. trade chief Greer

Both the European Union and the United States are committed to complying with their trade agreement, U.S.

EU, US committed to complying with trade deal, says U.S. trade chief Greer
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil gains as Middle East hostilities flare

Oil prices rose around 2% on Wednesday, extending the previous session's gains, as hostilities in the Middle East erupted anew and talks between Tehran and

Oil gains as Middle East hostilities flare
Business|Economy|Science|Technology

Automakers, retailers warn US memory-chip shortage is impacting prices

The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and

Automakers, retailers warn US memory-chip shortage is impacting prices
Business|Economy|Environment|Health|US

Flesh-eating screwworm may have been detected in South Texas, USDA says

An infestation of the flesh-eating screwworm parasite may have been detected in South Texas, and a

Flesh-eating screwworm may have been detected in South Texas, USDA says
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports

Bill Ackman's Pershing Square is looking to sell its stake in Universal Music Group, Bloomberg News reported on Wednesday, days after the music industry giant rebuffed the

Ackman's Pershing seeks to exit Universal Music Group stake, Bloomberg News reports
Business|Economy|Finance|Political|US|World

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks

President Donald Trump is in a hurry to rebuild the tariff wall the Supreme Court tore down less than four months ago

Trump administration seeks new path forward with tariffs after first attempt hit legal roadblocks
Business|Economy|Environment|Political|World

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum

Ukrainian long-range drones have struck an oil terminal in St. Petersburg, setting it ablaze, according to President Volodymyr Zelenskyy

Ukrainian drones hit St. Petersburg oil terminal before city hosts Russian economic forum
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Sports|Technology

Macy's raises annual outlook after the fourth straight quarter of sales gains

Macy’s reported its fourth consecutive quarter of comparable sales gains as the department store said an overhaul of its merchandise and better customer service is resonating with customers

Macy's raises annual outlook after the fourth straight quarter of sales gains
Economy|Election|Finance|Political|Stock Markets|US

Republicans won the redistricting battle. Now voters will decide whether they win Congress

Republicans have won a partisan redistricting battle for Congress

Republicans won the redistricting battle. Now voters will decide whether they win Congress
Business|Economy|World

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets

Brazil's central bank is seeing demand-driven pressures contributing to inflation, Governor Gabriel Galipolo said on Wednesday, pointing to measures that exclude supply

Brazil central bank flags demand-driven inflation as economists scale back rate-cut bets
Business|Economy|Finance|Stock Markets|Technology

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions

Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions
Business|Economy|Finance|Stock Markets|World

Stocks fall, oil prices rise as Iran war escalates

Global equity markets fell while oil prices rose on Wednesday as hopes of a quick end to the Middle East conflict faded with hostilities flaring up.

Stocks fall, oil prices rise as Iran war escalates
Business|Economy|Science|Technology

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff

Honeywell Aerospace told investors on Wednesday that it expects to book $6.5 billion in adjusted earnings by 2030, fueled by strong demand from jetmakers and

A leaner, more focused Honeywell Aerospace projects strong growth after spinoff
Business|Economy|US|World

US factory orders post biggest gain in 11 months in April

New orders for U.S. factory goods posted their biggest increase in nearly a year in April amid strong demand for commercial aircraft and a range of other goods.

US factory orders post biggest gain in 11 months in April
Business|Economy|Education|US

US Senate to hold confirmation hearing for BLS commissioner nominee next week

The U.S.

US Senate to hold confirmation hearing for BLS commissioner nominee next week
Business|Economy|Food|World

Kraft Heinz CEO expects innovation push to accelerate next year

Kraft Heinz aims to accelerate product innovation next year, CEO Steve Cahillane told Reuters, as the packaged food company steps up investment to

Kraft Heinz CEO expects innovation push to accelerate next year
Business|Economy|Election|Environment|Health|Political

MAHA candidate beats Trump's choice in Republican primary for Iowa governor

Businessman Zach Lahn's win in Iowa’s Republican gubernatorial primary over President Donald Trump's pick is a rare electoral setback for Trump

MAHA candidate beats Trump's choice in Republican primary for Iowa governor
Business|Economy|Environment|Europe|Political|Travel|World

What to know: Protests grow over Trump family-linked resort in Albania

A massive coastal development project linked to Jared Kushner is facing resistance in Albania

What to know: Protests grow over Trump family-linked resort in Albania
Business|Economy|Europe|Political|World

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens
Business|Economy|Finance|World

Canada's services PMI edges up to 18-month high, operating costs accelerate 

Canada's services economy expanded at a modest pace in May as the Middle East conflict raised economic uncertainty and higher fuel prices contributed to the

Canada's services PMI edges up to 18-month high, operating costs accelerate 
Business|Economy|Technology|World

Resilient Saudi economy proves a draw for wartime Gulf business

When food-tech entrepreneur Sara Amini wanted to see where Gulf businesses were still spending despite the Iran war, she

Resilient Saudi economy proves a draw for wartime Gulf business
Business|Economy|Finance|Stock Markets|US|World

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|Crime|Economy|Finance|Stock Markets

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says

Manhattan's top federal prosecutor said on Wednesday he and his staff are asking questions in the private asset marketplace about valuations, as concerns

U.S. prosecutors are asking about private markets valuations, DOJ's Clayton says
Business|Economy|Finance|Stock Markets|US|World

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S.

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance
Business|Economy|Political|World

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs

Mexico said on Wednesday that goods complying with the rules of origin under the United States-Mexico-Canada Agreement (USMCA) would be exempt from a proposed 10% U.S.

Mexico says USMCA-compliant exports would be exempt from US forced-labor tariffs
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street's record rally takes a breather amid Middle East impasse

Wall Street's main indexes retreated on Wednesday after a run of record highs, while a fresh Middle East flare-up pushed oil prices higher and cast

Wall Street's record rally takes a breather amid Middle East impasse
Business|Economy|Finance|Stock Markets|Technology

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says
Economy|Health|Political|World

Indonesia arrests former nutrition agency head and officials in corruption probe

Indonesia's former head of the National Nutrition Agency has been arrested on corruption charges related to a multi-billion-dollar free-meals program

Indonesia arrests former nutrition agency head and officials in corruption probe
Business|Economy|Environment|Science|Technology

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act

USA Rare Earth said on Wednesday it has signed agreements with the U.S.

USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

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

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Finance|Stock Markets|World

Yen dips to 160 level, prompting warnings from Japanese officials

Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on

Yen dips to 160 level, prompting warnings from Japanese officials
Crime|Economy|Travel|World

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers

Hidden in underwear: CBP seizes nearly $100K from Dulles travelers
Business|Economy|Europe|Technology|World

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home

European Union leaders are pushing back against reliance on American and Asian tech companies

European Union launches tech sovereignty initiative to boost chips, cloud and AI at home
Economy|Election|Finance|Political|US|World

Hilton, Becerra lead in tight primary race for California governor

Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra held onto early leads in the open primary race for California

Hilton, Becerra lead in tight primary race for California governor
Business|Economy|Finance|Stock Markets|Technology

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns

Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
Business|Economy|Lifestyle|Sports|World

In Argentina, amateur soccer offers a gritty economic lifeline

Emiliano Migueles starts his days early, delivering water.

In Argentina, amateur soccer offers a gritty economic lifeline
Business|Economy|Europe|Political|World

Bosnia seeks new peace envoy after sudden Schmidt exit

The body overseeing Bosnia's peace process meets on Wednesday to choose a new envoy to replace Germany's Christian Schmidt, who quit under what he said

Bosnia seeks new peace envoy after sudden Schmidt exit
Business|Economy|Environment|Travel|World

Strain grows on shipping industry with vessels stuck inside Hormuz

Even if the U.S. and Iran agreed to halt the war and open the Strait of Hormuz, ships trapped in the Gulf will be unable to leave without safety assurances,

Strain grows on shipping industry with vessels stuck inside Hormuz
Business|Economy|Finance|Stock Markets|US

US asset managers fall as investors brace for updates on private credit fund withdrawals

Shares of U.S. alternative asset managers fell in premarket trading on Wednesday as investors braced for second-quarter updates on redemptions from non-traded private credit funds,

US asset managers fall as investors brace for updates on private credit fund withdrawals
Economy|Finance|World

Israel plans big West Bank settlement push many see as illegal

Israel's hardline finance minister announced on Wednesday a major expansion by more than 2,000 homes of three Jewish settlements in the occupied West

Israel plans big West Bank settlement push many see as illegal
Business|Economy|Travel|World

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says

Many airlines have been hit hard by price swings in the jet fuel market, and some are not in a position to hedge their exposure, the International Air

Many airlines hit hard by jet fuel price swings, not all can hedge, IATA says
Business|Economy|Political|Science|Technology|World

EU targets Big Tech dependence with 'made-in-Europe' drive

The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S.

EU targets Big Tech dependence with 'made-in-Europe' drive
Economy|Political|World

War may end in interim deal that leaves Iran battered but unbowed

The U.S.-Israeli war on Iran was meant to break the Islamic Republic.

War may end in interim deal that leaves Iran battered but unbowed
Business|Economy|Environment|Europe|Technology

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in the second half of this year in Europe, the Middle East and Africa, with plans to expand to

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year
Business|Economy|Political|World

US cites forced labor concerns as grounds for new tariffs

The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they

US cites forced labor concerns as grounds for new tariffs
Business|Economy|World

Bangladesh seeks new IMF lending deal, officials say

Bangladesh has requested a new loan arrangement from the International Monetary Fund and is exiting its current $5.5 billion programme, government officials said on Wednesday

Bangladesh seeks new IMF lending deal, officials say
Business|Economy|Finance|MidEast|Stock Markets|World

S&P 500, Dow tick lower on Middle East stalemate

The S&P 500 and the Dow opened lower on Wednesday, as a flare-up in the Middle East conflict drove oil prices higher and cast doubt on a quick resolution to the war.

S&P 500, Dow tick lower on Middle East stalemate
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

Macy's raises annual forecasts as luxury focus draws affluent shoppers

Macy's raised its annual forecasts and posted its first quarterly sales growth in nearly four years on Wednesday, driven by strong demand for high-end apparel and

Macy's raises annual forecasts as luxury focus draws affluent shoppers
Business|Economy|Europe|Finance|Political|US|World

Russia bets on air war as it stumbles on the battlefield

Russia is pummeling major Ukrainian cities in an effort to sustain a sputtering war effort marked by a struggle to maintain momentum on the battlefield, where

Russia bets on air war as it stumbles on the battlefield