U.S. World Business Lifestyle
Today: June 01, 2026
Today: June 01, 2026

Economy

Business|Economy|Europe|MidEast|World

Ship operators urge clear rules to return Hormuz to normal

Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to

Ship operators urge clear rules to return Hormuz to normal
Business|Economy|Finance|Stock Markets|World

Bank of Canada says don't put much weight on GDP data showing technical recession

The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis.

Bank of Canada says don't put much weight on GDP data showing technical recession
Economy|Political|World

Ceasefire very likely to end if Israeli attacks on Lebanon persist, Iranian TV says

A ceasefire agreed between Iran and the United States in early April is very likely to end if Israeli attacks on Tehran-backed Hezbollah in Lebanon persist,

Ceasefire very likely to end if Israeli attacks on Lebanon persist, Iranian TV says
Business|Economy|Finance|Stock Markets|US

New Berkshire Hathaway CEO Greg Abel makes first deal since taking over from Warren Buffett

Berkshire Hathaway’s new CEO Greg Abel hinted that he may depart from Warren Buffett’s longtime hands-off operating model at the conglomerate as he announced a $6.8 billion cash acquisition of homebuilder Taylor Morrison

New Berkshire Hathaway CEO Greg Abel makes first deal since taking over from Warren Buffett
Business|Economy|Finance|Science|Stock Markets|Technology

Anthropic confidentially files to go public

Anthropic confidentially files to go public

Anthropic confidentially files to go public
Business|Economy|Finance|Stock Markets|Technology|World

Oil prices rise, but not by enough to drag Wall Street far off its records

Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks are hanging around their records

Oil prices rise, but not by enough to drag Wall Street far off its records
Arts|Business|Crime|Economy|Election|Finance|Political|Stock Markets|US|World

Contests for California governor and LA mayor head toward primary election with no clear leaders

California is heading toward an election with its two marquee races defined by uncertainty, while two outsider candidates are looking to crack open the state’s durable Democratic hierarchy

Contests for California governor and LA mayor head toward primary election with no clear leaders
Business|Economy|Sports|World

Think you know who’s going to win the World Cup? So does Goldman Sachs

Think you know who’s going to win the World Cup? So does Goldman Sachs

Think you know who’s going to win the World Cup? So does Goldman Sachs
Business|Crime|Economy|Environment|US|World

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements

A federal judge has agreed to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements
Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle|Sports|Technology

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street
Business|Economy|World

The Latest: Trump faces new inflation warning from bond market, adding to midterm challenges

The energy price spike triggered by the Iran war has seeped into the price of bonds that help fund the U.S. government, causing interest rates to climb in ways that are worsening affordability pressures, hampering economic growth and creating a new risk for Republicans in November’s midterm elections

The Latest: Trump faces new inflation warning from bond market, adding to midterm challenges
Business|Economy|Finance|Stock Markets|Technology

Wall St opens near record highs as AI optimism counters US-Iran war worries

Wall Street's main indexes opened near record highs on Monday as investors weighed Nvidia's latest artificial intelligence push against growing doubts over a deal to end the three-

Wall St opens near record highs as AI optimism counters US-Iran war worries
Africa|Business|Economy|World

Nigeria's Obi to run for president again after opposition split

Nigerian politician Peter Obi said he would run for president again in January after winning his party's nomination, setting up another contest between incumbent Bola Tinubu

Nigeria's Obi to run for president again after opposition split
Business|Economy|Finance|Stock Markets|World

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates

India's fiscal deficit stood at 4.4% of the gross domestic product for the year ended March 31, 2026, data showed on Monday, in line with government's revised estimates.

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates
Economy|Europe|Political|World

Drivers in Russian-controlled Crimea grapple with gasoline shortages

Drivers in Russian-controlled Crimea were grappling with gasoline rationing on Monday after Ukrainian drone attacks constricted road supplies

Drivers in Russian-controlled Crimea grapple with gasoline shortages
Business|Economy|Finance|World

Bank of England is watching public-sector pay for inflation risk, governor says

The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it continues to run faster than in the private sector,

Bank of England is watching public-sector pay for inflation risk, governor says
Business|Economy|Europe|Finance|World

Swiss economy shows pickup in growth at start of 2026

The Swiss economy grew by 0.4% in the first three months of 2026, the government said on Monday, helped by a recovery in the manufacturing sector as the burden of U.S.

Swiss economy shows pickup in growth at start of 2026
Business|Economy|Education|Entertainment|Europe|MidEast|Political|Technology|Travel|World

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker

Britain has blocked Cenk Uygur, a left-wing Turkish-American media personality, and his nephew, Hasan Piker, a U.S. left-wing commentator and influencer, from entering the

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker
Economy|Election|Finance|Political|World

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff

Right-wing Colombian lawyer Abelardo De La Espriella and leftist senator Ivan Cepeda

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Environment|Finance|World

JetBlue flags higher fuel costs as Iran conflict drags on

U.S. carrier JetBlue raised its second-quarter fuel costs forecast on Monday as shipping disruptions in the Strait of Hormuz entered a fourth month, driving up jet

JetBlue flags higher fuel costs as Iran conflict drags on
Africa|Economy|Political|World

Ethiopian election expected to give leader Abiy's party a landslide win

Voting took place in Ethiopia on Monday in parliamentary and regional elections expected to hand Prime Minister Abiy Ahmed's ruling Prosperity Party an easy victory,

Ethiopian election expected to give leader Abiy's party a landslide win
Business|Economy|Finance|Stock Markets|US|World

US manufacturing activity scales four-year high in May, ISM says

U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading orders amid rising

US manufacturing activity scales four-year high in May, ISM says
Business|Economy|Finance|Stock Markets|Technology

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, it said on Monday, underscoring robust investor appetite around

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO
Business|Economy|Finance|Political|World

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says

India could reconsider tariff concessions offered to Britain on products such as Scotch whisky if London fails

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says
Business|Economy|Finance|World

Dollar rises as markets parse fragile Middle East peace talks

The U.S. dollar was higher on Monday after a small weekly loss as investors digested fresh developments in Middle East peace talks

Dollar rises as markets parse fragile Middle East peace talks
Business|Economy|Finance|Political|Stock Markets|World

Oil jumps over $6 on Iran report of halted U.S.-Tehran exchanges, Hormuz blockade risk

Oil prices surged more than $6 per barrel on Monday after Iran’s Tasnim news agency reported that Tehran’s negotiating team has halted message

Oil jumps over $6 on Iran report of halted U.S.-Tehran exchanges, Hormuz blockade risk
Business|Economy|Science|Technology

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops

Nvidia has unveiled powerful new chips to bring advanced artificial intelligence to Windows laptops and desktops

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops
Economy|Education|Political|World

India's viral 'Cockroach' youth group plans street protest in challenge to Modi

The founder of an online Indian youth group that has amassed millions of followers in days said on Monday he plans to take his movement on to the streets with a protest

India's viral 'Cockroach' youth group plans street protest in challenge to Modi
Business|Economy|Finance|Stock Markets|World

AI and 1984

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A new month, but the same market obsessions.

AI and 1984
Business|Economy|Technology|World

AI debt sales reshape global corporate bond markets

From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the U.S., can punch

AI debt sales reshape global corporate bond markets
Economy|Education|Environment|Science

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are

Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners face repeat disasters with no help.

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are
Asia|Business|Economy|Environment|Technology|World

BYD snaps longest streak of sales declines

Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, despite weakening domestic demand and intensifying competition continuing to weigh

BYD snaps longest streak of sales declines
Business|Crime|Economy|World

Philippine senator Estrada detained in graft case

A Philippine senator who is the son of a former president was detained on Monday after surrendering to police in line with a court order on suspicion of taking kickbacks as

Philippine senator Estrada detained in graft case
Africa|Economy|Europe|Political|World

Britain will not have to pay Rwanda millions over asylum deal, court rules

Britain will not have to pay Rwanda tens of millions of pounds over the cancelled deal to deport asylum seekers to the East African nation, the

Britain will not have to pay Rwanda millions over asylum deal, court rules
Economy|Education|Environment|Technology

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative

From who gets to vote to how people travel and where taxpayer dollars are funneled, politicians and urban planners wield maps to control public imagination.

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative
Economy|Education|Finance|Health|Lifestyle

What happens to debt when someone dies?

Whether or not there’s a will, the results are the same.

What happens to debt when someone dies?
Economy|Education|Health

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump

Researchers learned from dozens of interviews that the usual ways of resolving complex cases, escalating issues and holding the authorities accountable no longer work.

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump
Arts|Business|Economy|Entertainment|Lifestyle|Travel

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix
Business|Economy|Europe|Political|World

Italian manufacturing cost pressures continue to mount, PMI shows

Cost pressures in Italy's manufacturing sector rose for a fifth month running in May, fuelled by the conflict in the Middle East, a survey showed on Monday.

Italian manufacturing cost pressures continue to mount, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

German factory activity stalls in May as demand weakens, PMI shows

Germany's manufacturing sector stalled in May as waning demand and soaring costs linked to the war in the Middle East weighed on activity, a business

German factory activity stalls in May as demand weakens, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

French manufacturing contracts for first time since November, PMI shows

France's manufacturing sector contracted in May for the first time since November, as the spike in energy prices and transport disruptions resulting from

French manufacturing contracts for first time since November, PMI shows
Business|Economy|Europe|Finance|World

Euro zone consumers take benign view on inflation surge, ECB survey shows

Euro zone consumers kept steady or lowered their inflation expectations in April, a hopeful sign for policymakers that crucial medium-term price bets are not signalling

Euro zone consumers take benign view on inflation surge, ECB survey shows
Business|Economy|Europe|World

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows
Business|Economy|Technology|World

UN labour agency starts final talks on employment standards for gig workers

The International Labour Organization begins its final round of talks on Monday on the first binding employment standards for platforms offering

UN labour agency starts final talks on employment standards for gig workers
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Business|Economy|World

South African manufacturing sentiment eases in May, Absa PMI shows

South Africa's factory sentiment eased in May as activity and demand slowed, though it remained in expansionary territory for a second consecutive month, a purchasing

South African manufacturing sentiment eases in May, Absa PMI shows
Economy|Europe|Finance|World

France intercepts another 'shadow fleet' tanker linked to Russian oil

France's navy has intercepted a sanctioned tanker linked to the Russian oil trade in the Atlantic Ocean and ordered the vessel to head for the French

France intercepts another 'shadow fleet' tanker linked to Russian oil
Business|Economy|Europe|Finance|Stock Markets|World

Global subsidies rebound, especially in China, OECD says

Government subsidies to industry have reached their highest level since the global financial crisis, driven largely by China, a report from the Organisation for Economic

Global subsidies rebound, especially in China, OECD says