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Jerome Powell leaves Fed after reshaping relations on Capitol Hill
Jerome Powell leaves Fed after reshaping relations on Capitol Hill

WASHINGTON, D.C: Jerome Powell stepped down as chair of the Federal Reserve on May 15 after an eight-year tenure marked by sweeping...

Anthropic, Gates Foundation fund AI for health and education
Anthropic, Gates Foundation fund AI for health and education

SAN FRANCISCO, California: Anthropic and the Gates Foundation have launched a four-year, US$200 million partnership to support artificial...

Allegiant and Sun Country merge to form larger budget airline
Allegiant and Sun Country merge to form larger budget airline

LAS VEGAS, Nevada: Allegiant Air said it has completed its acquisition of Sun Country Airlines, creating a larger low-cost carrier...

Wall Street sells off as 30-year Treasury yields top 5%
Wall Street sells off as 30-year Treasury yields top 5%

NEW YORK, New York - U.S. and world stock markets closed sharply lower on Friday, wrapping up a tumultuous week with widespread losses...

Honda takes $9 billion EV hit, scraps long-term electric goals
Honda takes $9 billion EV hit, scraps long-term electric goals

TOKYO, Japan: Honda Motor reported its first annual loss since listing on the stock market in 1957 after taking more than US$9 billion...

China to order 200 Boeing jets, Trump says in Beijing
China to order 200 Boeing jets, Trump says in Beijing

WASHINGTON, D.C: Boeing is set to receive an order for 200 aircraft from China, U.S. President Donald Trump said during his visit to...

Middle East

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Trump says China wants Hormuz open; he is losing patience with Iran
Trump says China wants Hormuz open; he is losing patience with Iran

ABOARD AIR FORCE ONE/DUBAI: U.S. President Donald Trump said he was losing patience with Iran and claimed that China's President Xi...

OPEC cuts oil demand outlook as Hormuz disruption persists
OPEC cuts oil demand outlook as Hormuz disruption persists

LONDON, U.K.: OPEC cut its forecast for global oil demand growth in 2026 on May 13, citing the impact of the Iran war and the disruption...

Trump did not explain Iran war goals clearly, Reuters/Ipsos poll says
Trump did not explain Iran war goals clearly, Reuters/Ipsos poll says

WASHINGTON, D.C.: A Reuters/Ipsos poll completed on May 11 showed that two out of three Americans believe President Donald Trump has...

Trump rejects latest proposal from Iran, deepening crisis over Strait
Trump rejects latest proposal from Iran, deepening crisis over Strait

DUBAI, U.A.E.: U.S. President Donald Trump rejected Tehran's latest offer to end the war, deepening the standoff on May 11 between...

After repeated requests, Narges Mohammadi moved to Tehran hospital
After repeated requests, Narges Mohammadi moved to Tehran hospital

BEIRUT, Lebanon: Nobel Peace laureate and activist Narges Mohammadi was finally shifted to a Tehran hospital, her foundation said on...

Report: FIFA, Iran hold talks ahead of World Cup
Report: FIFA, Iran hold talks ahead of World Cup

(Photo credit: Bailey Holiver-Imagn Images) FIFA Secretary-General Mattias Grafstrom described his Saturday meeting with the head...