United States · Business
Same event, multiple sources, transparently cited.
-
Judge suppresses key evidence in Luigi Mangione’s backpack in UnitedHealthcare CEO murder trial
A New York judge ruled May 18 that several items seized from Luigi Mangione’s backpack during a warrantless search cannot be used in his murder trial.
-
Berkshire Hathaway buys Delta shares, boosts Alphabet stake, exits Amazon in Q1 2026
Berkshire Hathaway purchased nearly 40 million Delta Airlines shares, raised its Alphabet holding by 224%, and sold all Amazon shares by March 2026.
-
Andy Burnham to contest Makerfield by-election on June 18 aiming for Labour leadership
Andy Burnham will contest the Makerfield by-election on June 18 to return to Parliament and seek Labour Party leadership later this year.
-
Ryanair hedges 80% of summer fuel amid jet fuel volatility after Iran war
Ryanair CFO Neil Sorahan said the airline is prepared for fuel price shocks and will run a full schedule this summer and winter.
-
Meta considers large stock offering to fund AI with up to $145 billion in 2026 spending
Meta is weighing raising tens or hundreds of billions of dollars through stock sales to back AI investments, shares fell over 5% June 5.
-
US May jobs report beats expectations, raises Fed rate hike bets and sparks market sell-off
Strong US May jobs gains fuel Fed rate hike expectations, triggering global equity declines and bond yield rises.
-
Global Food Prices Slightly Dip in May but Remain Near Three-Year Highs
The FAO reported a 0.2% drop in its food price index in May 2026 after five months of rises, keeping prices near January 2023 levels.
-
Eurozone economy shrinks 0.2% in Q1 2026 due to sharp drop in Ireland
Eurozone GDP fell 0.2% in Q1 2026, revised down from growth, as Ireland’s GDP contracted 12.1%, Eurostat said today.
-
Morgan Stanley to open $1.2 trillion wealth platforms to corporate AI agents
Morgan Stanley will allow AI agents from thousands of firms to connect directly to its wealth management systems starting next year.
-
New York legislature passes one-year moratorium on large data centers pending governor's approval
New York State legislature passed a one-year moratorium on permits for new large data centers, awaiting Governor Kathy Hochul's decision.
-
S&P 500 Keeps 12-Month Rule, Bars Fast Entry for SpaceX Mega IPO
S&P Dow Jones Indices will enforce existing 12-month trading and profitability rules, blocking early S&P 500 inclusion for SpaceX and other mega IPOs.
-
US economy adds 172,000 jobs in May with unemployment steady at 4.3%
The US economy added 172,000 jobs in May 2026 while the unemployment rate held steady at 4.3%.
-
Reserve Bank of India holds repo rate at 5.25% amid inflation and rupee weakness
The Reserve Bank of India kept its key policy rate unchanged at 5.25% on June 5, 2026, citing inflation and currency pressures.
-
Ramp raises $750M at $44B valuation led by ICONIQ, GIC, Ontario Teachers’ Pension Plan
Ramp secured $750 million funding at a $44 billion valuation in a round co-led by ICONIQ Capital, GIC, and Ontario Teachers’ Pension Plan on June 4, 2026.
-
Blackstone Limits Redemptions to 5% in Q2 2026 Amid Surge in Investor Withdrawals
Blackstone capped redemptions from its $79 billion private credit fund at 5% after investors requested to redeem 10% of shares in the second quarter of 2026.
-
Elon Musk’s Shell Company Buys 6,000 Acres Near Houston for $55B Terafab Chip Factory
WIT Tech LLC linked to Elon Musk bought over 6,000 acres near Houston for a $55 billion Terafab semiconductor factory.
-
Fed Chair Kevin Warsh Confronts Inflation Pressures Amid AI Investment Surge
Kevin Warsh began as Federal Reserve chair facing persistent inflation linked to energy costs alongside strong AI-driven economic growth.
-
Tech CEO Jamshid Ghomi charged with illegally exporting US equipment to Iran
Jamshid Ghomi was arrested and charged with conspiracy for illegally supplying US-origin equipment to Iran’s military and nuclear sectors.
-
Quantinuum prices IPO above range, raises $1.68 billion, debuts strongly on Nasdaq
Quantum computing firm Quantinuum raised $1.68 billion by pricing its IPO at $60 per share and opened sharply higher on Nasdaq June 4, 2026.
-
US Tech Industry Announces Over 123,000 Layoffs in 2026 Citing AI as Main Cause
US technology firms have cut about 123,000 jobs in 2026, with AI cited as the primary reason by many companies.
-
Broadcom’s revenue miss triggers selloff in US and Asian tech and chip stocks
Broadcom’s weak fiscal Q2 revenue and forecast sparked a sharp selloff in US and Asian chip and tech shares.
-
JPMorgan CEO Jamie Dimon pitches SpaceX $75B IPO to 2,500 wealthy clients
JPMorgan CEO Jamie Dimon led a live event on June 4 pitching SpaceX's $75 billion IPO to over 2,500 high-net-worth clients nationwide.
-
US announces new tariffs on 60 economies, respects EU and Japan tariff caps
The US will impose new tariffs of at least 10% on imports from 60 economies while maintaining existing 15% tariff caps with the EU and Japan.
-
Broadcom shares drop 13-15% after missing AI chip revenue forecast
Broadcom reported fiscal Q2 revenue slightly below estimates and forecast lower AI chip sales for Q3, leading to a sharp share price decline.