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Israel-Hamas war
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Inflation
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Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation.
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The White House says FDIC chairman to step down following report on agency’s toxic workplace culture
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Group of Tesla shareholders ask investors to vote against Musk’s compensation package
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EU reprimands Kosovo’s move to close down Serb bank branches over the use of the dinar currency
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All that ‘checkout charity’ adds up. Domino’s plans $174 million from it for St. Jude hospital
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Topics
Financial Markets
Stock market today: Wall Street drifts near its records in another quiet day of trading
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Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87
Stock market today: Asian shares mostly decline after Nasdaq ticks to a record high
Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
Personal Finance
Your tax refund could be bigger this year. Here’s what to do with it
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Medicare and Social Security go-broke dates are pushed back in a ‘measure of good news’
140,000 people did their taxes with the free IRS direct file pilot. But program’s future is unclear
How US changes to ‘noncompete’ agreements and overtime pay could affect workers
Economy
Many remember solid economy under Trump, but his record also full of tax cut hype, debt and disease
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British economy rebounds strongly in first quarter of the year, ending ‘technical recession’
Europe’s economy shows signs of life with 0.3% growth in 1st quarter as inflation, energy woes ease
Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping
Tech
Seoul AI summit opens with companies including Google, Meta, OpenAI pledging to develop AI safely
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Hong Kong will keep watching internet platforms for non-compliance with ban on protest song
Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy
UN Security Council rejects Russia-backed resolution on banning weapons in space
More news
Turkish Airlines resumes flights to Afghanistan nearly 3 years after the Taliban captured Kabul
Afghanistan’s Taliban have confirmed the resumption of Turkish Airlines flights to Kabul’s international airport.
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London judge rejects Prince Harry’s bid to add allegations against Rupert Murdoch in tabloid lawsuit
A London judge says Prince Harry can’t expand his privacy lawsuit against The Sun tabloid’s publisher to include allegations that Rupert Murdoch and some other executives were part of an effort to conceal and destroy evidence of unlawful information gathering.
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Serie A champion Inter facing a nervous wait as deadline looms for loan repayment to Oaktree
Just two days after celebrating its Serie A title win, Inter Milan and its fans face a nervous wait to see what will happen with the club.
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No more cute snaps of Mt Fuji. A screen is up in a Japanese town to prevent tourist crowds
A Japanese town known for some of the best views of Mount Fuji has completed construction of a large black screen on a stretch of a street to block the view and deter tourists from overcrowding the place.
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Macy’s tops expectations for the first quarter as luxury and beauty sales shine
Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending.
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British man dies and several passengers are injured when turbulence hits a Singapore Airlines flight
Singapore Airlines says one of its flights has hit severe turbulence over the Indian Ocean and descended 6,000 feet or around 1,800 meters in a span of about three minutes.
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Germany’s foreign minister says in Kyiv that air defenses are an ‘absolute priority’ for Ukraine
Germany’s foreign minister says sending air defense systems to Ukraine to help protect it from Russian cruise missiles, rockets and drones is an “absolute priority.”
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More companies offer on-site child care. Parents love the convenience, but is it a long-term fix?
They operate in places like an airport, a resort, and a distribution center, tucked away from the public eye but close enough for easy access.
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Over $450K recovered for workers of California mushroom farms that were sites of fatal shootings
Federal officials say that the owners of two Northern California mushroom farms where a farmworker killed seven people in back-to-back shootings last year will pay more than $450,000 in back wages and damages to 62 workers.
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New safety rules set training standards for train dispatchers and signal repairmen
New federal certification rules have been finalized for train dispatchers and signal repairmen will set minimum standards for those jobs to counteract the investor pressure on railroads to continually cut costs while making sure those employees have the skills they need to operate all the high-tech
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Drone pilot can’t offer mapping without North Carolina surveyor’s license, court says
A federal appeals court says a North Carolina regulatory board didn’t violate a drone pilot’s constitutional rights when it told him to stop advertising and offering aerial map services because he lacked a surveyor’s license.
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Trump Media and Technology Group posts more than $300 million net loss in first public quarter
Trump Media and Technology Group, the owner of social networking site Truth Social, lost more than $300 million last quarter.
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Hometown of Laura Ingalls Wilder set for a growth spurt
A rural South Dakota county known mainly as the former home of beloved author Laura Ingalls Wilder is on the precipice of rapid growth as two record-setting agricultural processing plants are proposed for the area.
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How major US stock indexes fared Monday, 5/20/2024
U.S. stock indexes drifted to a mixed finish after a quiet day of trading, and the Nasdaq composite rose to another record. The Nasdaq climbed 0.7% Monday.
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2 top Penguin Random House editors leaving amid ongoing changes at publishing house
Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change.
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Bankruptcy judge approves Genesis Global plan to refund $3 billion to creditors, crypto customers
A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors, including thousands of people who New York regulators say were defrauded by the company.
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Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away
Billionaire philanthropist Rob Hale has surprised the graduating class at the University of Massachusetts Dartmouth by giving each of them $1,000.
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Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery fell 26 cents to $79.80 per barrel Monday. Brent crude for July delivery fell 27 cents to $83.71 per barrel.
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Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the country.
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Microsoft’s AI chatbot will ‘recall’ everything you do on a PC
Microsoft wants laptop users to get so comfortable with its artificial intelligence chatbot that it will remember everything you’re doing on your computer and help figure out what you want to do next.
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