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Fri, May 22, 2026 06:45 PM All times are UTC

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US Inflation Expected to Rise Again in April as Fed Signals Higher Interest Rates

May 12, 2026 05:25 am UTC| Economy

U.S. consumer prices likely increased at a steady pace for the second consecutive month in April, reinforcing concerns that inflation remains stubbornly high and strengthening expectations that the Federal Reserve will...

Asian Stocks Slip as Korea’s KOSPI Tumbles Amid Iran Conflict and Chip Sector Profit-Taking

May 12, 2026 04:56 am UTC| Economy

Asian stock markets traded mostly flat to lower on Tuesday as investor sentiment weakened amid escalating U.S.-Iran tensions and slowing momentum in technology shares. Concerns over global inflation, geopolitical risks,...

Trump Administration Seeks Court Pause to Reinstate 10% Global Tariffs

May 12, 2026 04:08 am UTC| Economy Politics Law

The Trump administration has asked a U.S. federal court to temporarily pause a recent ruling that challenged the legality of the administrations 10% global tariff policy while the government continues its appeal process....

Trump Says Iran Ceasefire Near Collapse as Oil Prices Surge

May 12, 2026 03:53 am UTC| Politics Economy

U.S. President Donald Trump said the ceasefire between the United States and Iran is on life support after Tehran rejected key parts of Washingtons proposal to end the ongoing conflict. The latest tensions have raised...

Oil Prices Rise as Dollar Gains Ahead of Key U.S. Inflation Data

May 12, 2026 03:00 am UTC| Economy

Oil prices edged higher on Tuesday while the U.S. dollar strengthened as hopes for a breakthrough in reopening the Strait of Hormuz faded, increasing concerns over global energy supply disruptions. Investors also turned...

US Stock Futures Hold Steady Ahead of CPI Data and Iran Conflict Concerns

May 12, 2026 02:56 am UTC| Economy

U.S. stock index futures traded mostly flat on Monday evening as investors remained cautious ahead of the latest U.S. consumer inflation report and ongoing tensions in the Middle East. Market sentiment was also influenced...

Trump-Iran Tensions Keep Oil Prices Elevated Amid Hormuz Supply Fears

May 12, 2026 02:54 am UTC| Economy

Oil prices held firm during Asian trading on Tuesday after surging nearly 3% in the previous session, as renewed tensions between the United States and Iran raised concerns about global crude supply disruptions. Investors...

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Economy

ECB Warns Euro Zone Inflation Will Keep Rising Despite Strait of Hormuz Reopening

European Central Bank President Christine Lagarde warned that inflation in the euro zone is expected to continue rising due to the ongoing Iran war, even if the Strait of Hormuz reopens immediately. Speaking on Friday...

Trump Signals Tough Stance on Iran Uranium Stockpile as Nuclear Talks Show Limited Progress

U.S. President Donald Trump intensified pressure on Iran Thursday, declaring that Washington would eventually seize Tehrans highly enriched uranium stockpile amid ongoing but fragile diplomatic negotiations over Irans...

Trump to Swear In Kevin Warsh as New Federal Reserve Chair Amid Inflation Concerns

U.S. President Donald Trump is set to officially swear in Kevin Warsh as the new chair of the Federal Reserve on Friday at the White House, marking a major leadership shift at the U.S. central bank. Warsh was confirmed by...

Dollar Eases as US-Iran Peace Deal Report Impacts Forex and Bond Markets

The U.S. dollar trimmed earlier gains on Thursday after reports emerged that Washington and Tehran had finalized a draft peace agreement aimed at easing Middle East tensions. The news influenced global forex markets, bond...

Oil Prices Rebound as U.S.-Iran Talks Continue to Influence Global Crude Market

Oil prices climbed sharply during early Asian trading on Friday, recovering some of the heavy losses recorded earlier this week as investors closely monitored developments surrounding the ongoing U.S.-Iran negotiations....

Politics

Wang Yi to Lead UN Security Council Meeting and Visit Canada Amid Improving China-Canada Relations

Chinas Foreign Minister Wang Yi is set to travel to New York on May 26 to chair a high-level United Nations Security Council meeting, according to an announcement from Chinas foreign ministry on Friday. The diplomatic trip...

Taiwan Says No Notice of U.S. Arms Sales Pause Amid Iran Conflict Concerns

Taiwans presidential office said Friday it has not received any official notice from the United States regarding any suspension or adjustment of military sales to the island, despite comments from a senior U.S. defense...

House Republicans Delay Vote on Iran War Powers Resolution Amid Growing Congressional Debate

Republican leaders in the U.S. House of Representatives postponed a planned vote Thursday on a war powers resolution aimed at limiting President Donald Trumps military actions against Iran without Congressional approval....

U.S. Sanctions Tanzanian Police Official Over Human Rights Violations

U.S. Secretary of State Marco Rubio announced on Thursday that the United States has officially designated Tanzanian police official Faustine Jackson Mafwele over alleged human rights violations. The move is part of...

Israel Faces Global Backlash Over Gaza Flotilla Activists’ Treatment

Western governments sharply criticized Israel after far-right National Security Minister Itamar Ben-Gvir released a controversial video mocking Gaza-bound flotilla activists detained by Israeli forces. The incident has...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

PDG Explores $1 Billion Sale of China Data Center Assets

Princeton Digital Group (PDG), a major data center operator backed by private equity firm Warburg Pincus, has reportedly launched a sale process for its China-based assets that could be valued at as much as $1 billion,...

Lam Research Expands AI-Powered Semiconductor Tools and Arizona Operations

Lam Research is accelerating its investment in artificial intelligence and advanced sensing technology to improve semiconductor manufacturing efficiency while expanding its presence in Arizona and California. The...

Texas Sues Meta Over WhatsApp Encryption Claims

Texas Attorney General Ken Paxton has filed a lawsuit against Meta Platforms and its messaging service WhatsApp, accusing the companies of misleading consumers about WhatsApps encryption and privacy protections. The...

Pentagon Expands AI Model Testing as It Seeks Alternatives to Anthropic’s Claude

The US Department of Defense is accelerating its evaluation of artificial intelligence models as it searches for alternatives to Anthropic PBCs Claude AI system, according to a Bloomberg report published Thursday. The...

SoftBank Shares Surge as OpenAI IPO Buzz and SB Energy Filing Boost AI Optimism

SoftBank Group (TYO:9984) shares soared on Thursday as investor confidence returned to the Japanese technology giant, driven by growing excitement around its artificial intelligence investments. The companys stock jumped...