Section
Gaining a reputation as the brilliant, risk-taking “Indiana Jones” of his field, he encouraged investors to take chances on Asia, Africa, Latin America and Eastern Europe.
Federal Reserve Governor Chris Waller said the surge in oil prices tied to the Iran war and lingering effects from U.S. tariffs could “lead to a more lasting increase in inflation,” potentially forcing the central bank to eschew further interest-rate cuts.
The co-founder of the streaming giant will leave its board in June, the company said.
The Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers.
United Airlines and Royal Caribbean shares were leading the S&P 500’s gainers as investors “trust in Trump” to deliver peace.
Business
The New York Times — Business
The artificial-intelligence-generated fake influencers have surged on TikTok, Instagram, Facebook and YouTube in an apparent bid to hook conservative voters.
Corporate executives with a front-row seat on the economy are broadcasting a bullish message and drowning out Iran war noise.
Gas price also falls and markets rise amid hopes Donald Trump will succeed in reaching deal with Tehran Oil and gas prices fell sharply on Friday after Iran said the strait of Hormuz was open to commercial shipping, potentially clearing the way for tankers holding millions of barrels of oil and gas to reach the global market. Iran’s foreign minister said vessels would be free to transit the strait of Hormuz for the duration of the 10-day ceasefire between Israel and Lebanon, which was struck on…
The iShares Semiconductor ETF has rocketed 34% amid a long winning streak — its best 13-day stretch in 24 years.
The tech aims to identify people's irises and stop the rise of fake accounts and malicious scams.
Also in Weekend Reads: Options-trading tactics, software stocks and a spousal Social Security switch.
The Science, Innovation and Technology Secretary this week unveiled a £500m fund to boost British AI firms.
The S&P 500’s rise on Friday caps a striking three-week streak, powered by investors’ optimism about the reopening of the Strait of Hormuz and strong corporate earnings.
Almost seven weeks after the start of the conflict in the Middle East, Iran announced on Friday that a crucial maritime passageway for seaborne oil was “completely open” for commercial vessels — but only as long as the Lebanon-Israel cease-fire agreement is in effect.
Treasury bonds are no longer guaranteed safe havens — and your spending power is on the line.
The gold-platinum ratio suggests the stock market is living on borrowed time.
U.S. inflation is going to get worse before it gets better, but price increases tied to the Iran war could start to evaporate during the summer and open the door for the Federal Reserve to cut interest rates again.
Business
The New York Times — Business
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
Bench players and stars alike see fun and career possibilities behind the mic.
Martin was shocked to learn how many people didn't know if they were on an energy price cap.
“I buy clothes at thrift stores.”
The donations, from the philanthropist Connie Ballmer and an anonymous donor, will support the network’s long-term strategy.
The company's claim the AI tool can outperform humans at some hacking and cyber-security tasks has sparked fears in the financial world.
Business
DW Business
With war in Iran on hold, the world's largest industrial trade fair opens in Hannover. And Brazil, this year's partner country, is pulling out all stops to convince visitors it's a reliable technology leader.
Business
The New York Times — Business
The average bill rose 3 percent last year, in part because of higher tax rates. There are ways to try to reduce what you owe, experts say.
Autotrader says average EV cost is £785 cheaper, in an important milestone in the move away from fossil fuels The price of new battery electric cars has fallen below petrol cars in the UK for the first time, according to the car sales website Autotrader, in a significant milestone in Britain’s transition away from fossil fuels. The average price of a new electric car listed on the website was £42,620, compared with £43,405 for a new petrol model – making the former £785 cheaper based on adverti…
Federal agencies have requested access to Claude Mythos Preview, which Anthropic says can rapidly identify — and potentially create — new cyberthreats.
Drivers have seen weeks of increases as the US-Israeli war with Iran pushed up wholesale oil prices.
Adult video platform to sell minority stake to increase stability after death of its owner Leonid Radvinsky Business live – latest updates OnlyFans, the UK adult video platform, is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn). The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times. Sources familiar with the process c…
Store opened in 1971 in Seattle’s Pike Place Market joins growing unionization campaign across the coffee chain Workers at the historic first Starbucks store are seeking to unionize as the coffee retail giant and its union appear stalemated over their first contract. The first Starbucks store opened in 1971 in Seattle’s Pike Place Market, and the store serves as a tourist site in Seattle. Continue reading...
Media tycoon vows to appeal after dismissal of action against Gambling Commission for awarding Allwyn the franchise Business live – latest updates The media tycoon Richard Desmond has vowed to appeal after a resounding defeat in his claim for up to £1.3bn in damages from the Gambling Commission over its decision not to award him the 10-year licence to run the national lottery. Mrs Justice Smith dismissed Desmond’s claim on Friday, in a sometimes scathing written high court judgment that reserve…
Tesco is swapping barcodes for QR codes on a range of its own-brand products in a move the supermarket chain is describing as a UK "first".
Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact. Anthropic, which has so far limited the release of the new model to a small clutch of primarily US businesses, including Amazon, Apple and Microsoft, said it would expand that to UK financial ins…
An insurer reports a 71% rise in fraudulent claims, driven partly by an increase in faked images.
An NPR analysis shows how immigrants' attempts to live or work legally in the U.S. are caught in a bureaucratic morass.
The White House is seeking $1.5 trillion from Congress for the Pentagon and is expected to send a separate ask for the Iran war. Lawmakers want more transparency around how the money will be spent.
Democrat Analilia Mejía won a special election Thursday to fill the House seat vacated by Democratic Gov. Mikie Sherrill.
NPR's Leila Fadel speaks with Mayor Zohran Mamdani about New York City, President Trump and the future of the Democratic Party.
Chair’s decision to not seek re-election ‘not as a result of any disagreement’, company says in filing Reed Hastings, the Netflix chair, is leaving the streaming service he co-founded almost 30 years ago as the company regains its footing after losing out on a $72bn (£53bn) deal for Warner Bros Discovery. In a 14-page letter to investors released on Thursday, Netflix said Hastings would not stand for re-election at its annual meeting in June and planned to focus on philanthropy and other pursui…
The federal judge's decision continues to block above-ground construction on the $400 million White House ballroom, allowing only below-ground work on a bunker and other "national security facilities" at the site.
Santa Marta conference born out of frustration at Cop summits, where renewable progress has been stalled by major polluters Everybody knows fossil fuels cause climate breakdown, but until recently, mention of them was all but erased from the annual UN climate summits. Last year, two weeks of discussions ended without fossil fuels being mentioned in the final outcome. Frustration with those talks led a small developing country with a large fossil fuel sector – Colombia, the largest coal and four…
Earlier in the morning GOP leaders had pushed for either a five-year renewal or the 18-month renewal President Trump had demanded, but both votes tanked.
Seizure numbers hit a 17-year high as an estimated 300,000 uninsured vehicles are driven each day.
Seres' plans show how stiff competition in the EV space is putting pressure on carmakers to innovate.
More people are reporting their employers for underpaying staff, data shared exclusively with Money has shown.
From running through open countryside in historic beauty spots to pounding the streets of London Continue reading...
The departure adds to a string of recent personnel changes at the Department of Homeland Security, a year into President Trump's administration.
Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran war Cuts to overseas aid by countries including the US and the UK risk stoking global economic instability amid the humanitarian crisis resulting from the Iran war, David Miliband has said. The former British foreign secretary and head of the International Rescue Committee (IRC) said the US “abandoning” of its aid programme under Donald Trump would worsen shocks to the…
The war in Iran has exposed our dependencies. Europe, including the UK, must be bold about change, so nobody can blackmail us Lars Klingbeil is Germany’s finance minister and vice-chancellor Wars and crises are draining our economies, our sense of security and our emotional wellbeing. They are affecting our daily lives: supply chains are becoming less reliable, energy prices are soaring, and trade dependencies on fossil-fuel energy and critical minerals pose risks to national security. Tariffs,…
It costs the UK economy £700m a year, and criminal gangs are operating with near impunity. Every time a lorry gets robbed, raided or hijacked, it’s Mike Dawber who investigates By Stuart McGurk. Read by Nicholas Camm Continue reading...
The government has been urged to ban the resale of concert tickets above face value after fans reported feeling "neglected and ripped off".
Heelys, the sneakers with wheels that were a fad in the 2000s, helped me form my first friendships. Recently, I decided to tap into that joy again.
Ten Republicans voted alongside Democrats, in a rebuke to the Trump administration's immigration policies. Should it pass the Senate, the White House said President Trump would veto the measure.
Firms say digital twins make staff more productive, but are they a potential legal minefield?
Small shops across the UK are being targeted by thieves stealing collectibles worth thousands of pounds.
Campaigners organise open letter to director demanding ‘fair day’s wage’ for all workers at V&A museums A row over pay has broken out at the V&A before the opening of its newest site , with thousands of people calling for it to become a living wage employer. On Saturday, V&A East will open its doors in Stratford, east London, showcasing stunning fabrics, photos and black British music. It joins a wider group of V&A museums including its original site in South Kensington, Young V&A in Bethnal Gr…
His remarks at a movie theater convention were part of a campaign to win Hollywood support for his bid to buy Warner Bros. Discovery.
Lawmakers have been in a stalemate for over 60 days about funding the entire department, which includes agencies that oversee immigration enforcement, disaster relief, cybersecurity and the U.S. Coast Guard.
Virginians will decide whether the state will redraw its congressional voting map. A win would give Democrats an edge in four more seats, meaning they could hold 10 of Virginia's 11 seats in Congress.
Hastings set up the company in 1997, when it rented DVDs to customers and delivered by post.