United States · Business
Same event, multiple sources, transparently cited.
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New York Fed says 2.6 million student loan borrowers entered default in Q1 2026
New York Fed data show about 2.6 million U.S. student loan borrowers entered default in the first quarter of 2026.
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Calbee to switch some packaging to two ink colours amid shortage
Calbee will temporarily use black-and-white packaging for some products as an ink shortage hits Japan.
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Global supply-chain stress rises again as freight costs climb
Global supply-chain pressure is rising again as shipping delays, freight costs and factory shortages fuel new inflation worries.
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Hannah Harper wins American Idol Season 24 finale
American Idol crowned Hannah Harper the Season 24 winner on Monday night after a live finale vote.
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Hantavirus outbreak linked to MV Hondius cruise ship kills 3, 11 cases confirmed worldwide
The MV Hondius cruise ship has been linked to 11 confirmed hantavirus cases including three deaths; authorities in multiple countries are monitoring exposed passengers.
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Oil prices stay elevated as Iran conflict keeps Hormuz shipping constrained
Oil held at elevated levels as the Iran conflict disrupted the Strait of Hormuz and traders watched for U.S. inflation data.
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Audi prepares to unveil Q9 full-size flagship SUV later this summer
Audi is preparing to unveil the Q9, its first full-size SUV, later this summer.
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Mamdani drops planned property tax hike in New York City budget
New York City Mayor Zohran Mamdani dropped a planned property tax hike as he released his executive budget on Tuesday.
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Intel shares jump 214% in six weeks, squeezing short sellers
Intel shares have surged 214% since March 30, adding more than $440 billion in market value and battering short sellers.
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US Stocks Fluctuate Amid Rising Inflation and US-Iran Tensions as Trump Visits China
US stock indices fluctuated May 12-14 as higher inflation and Middle East tensions weighed, offset by tech rallies and a Trump-Xi summit in Beijing.
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Amazon launches 30-minute Amazon Now delivery in dozens of U.S. cities
Amazon on Tuesday launched Amazon Now, a 30-minute delivery service in dozens of U.S. cities.
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Pentagon says US war in Iran has cost about $29 billion
The Pentagon told Congress on May 12 that the US war in Iran has cost about $29 billion, up from a late-April estimate.
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Byron Allen to buy majority stake in BuzzFeed and become CEO
Byron Allen will buy a controlling stake in BuzzFeed and take over as chairman and CEO, the company said.
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eBay rejects GameStop’s $55.5bn takeover offer
eBay rejected GameStop’s unsolicited $55.5 billion bid and called it “neither credible nor attractive.”
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US awards 53.3 million barrels from Strategic Petroleum Reserve to firms
The US Strategic Petroleum Reserve agreed to release or lend 53.3 million barrels of crude to firms including Trafigura, Marathon Petroleum and Exxon Mobil.
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Alabbar says Dubai property market remains resilient despite tensions
Emaar founder Mohamed Alabbar said Dubai property demand remains resilient despite regional tensions, citing strong buyer confidence and stable collections.
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European stocks fall on Iran tensions and Trump tariff threat
European shares fell as Iran tensions in the Strait of Hormuz lifted oil prices and hit auto stocks.
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First Eagle seeks $575 million junk-bond financing for Diamond Hill deal
First Eagle Investments is seeking $575 million in junk-bond financing for its planned purchase of Diamond Hill Investment Group Inc. [s1]
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South African farms face El Niño drought risk amid rising costs from Iran war
South African farmers face drought risks from El Niño starting October 2026 while dealing with rising costs linked to the Iran war.
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Mexico's Biva says bidders show serious interest in sale process
Mexico's Biva stock exchange has drawn serious bidder interest in a sale process, CEO Maria Ariza said.
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EU power markets set to lower hourly price floor to -€600/MWh
European power markets are set to cut the hourly price floor to -€600 per megawatt-hour after repeated negative-price trading in May.
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CSG NV rejects short-seller report after shares fall to record low
Czech defense supplier CSG NV dismissed a Hunterbrook Capital report as inaccurate after its shares dropped sharply.
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Swiss parliament starts debate on UBS capital requirements bill
UBS Chief Executive Sergio Ermotti attended a Swiss parliamentary hearing that opened debate on the bank's future capital needs.
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Apollo co-President Zito says AI is affecting investing and private credit
Apollo co-President John Zito said AI is changing investing as markets enter a higher-volatility regime.