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Politics
Trump doesn’t need Congress to restart Iran strikes: Hegseth
U.S. Defense Secretary Pete Hegseth speaks during a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget request for the Department of Defense on Capitol Hill in Washington, D.C., U.S., April 30, 2026.…
The first wave of tariff refunds have begun flowing in
Containers at the Port of Oakland in Oakland, California, US, on Thursday, March 26, 2026. David Paul Morris | Bloomberg | Getty ImagesMonths after the Supreme Court ruled some tariffs were unconstitutional, the first round of tariff…
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote
Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors.The upper chamber voted to approve Warsh's nomination by a 51-45 vote, on a…
Qualcomm drops as chip stocks pull back from record AI-driven rally
Qualcomm is one of the biggest semiconductor companies making chipsets.Nurphoto | Nurphoto | Getty ImagesChip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and…
Hims & Hers plummets 13% after first-quarter loss, weak guidance
Piotr Swat | Lightrocket | Getty ImagesTelehealth company Hims & Hers' stock plummeted on Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead. The digital health firm reported a net loss of $92…
India April inflation rises for sixth straight month, below estimates
India's consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March, even as the government kept prices at the pump steady to shield consumers from rising global oil prices.The headline inflation…
Iran war hangs over Trump’s China trip: Analysis
As President Donald Trump prepares to head to China for crucial negotiations with the leader of the No. 2 global power, it is becoming clear that the political and economic damage unleashed by the Iran war can't be easily left behind.…
EBay rejects GameStop takeover bid: ‘Neither credible nor attractive’
EBay on Tuesday rejected GameStop's $56 billion takeover proposal, calling the unsolicited bid "neither credible nor attractive." GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online…
Trade, Iran, Taiwan in focus
U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea,…
UK government borrowing costs surge as PM Starmer pressured to quit
Prime Minister Keir Starmer gives a speech on May 11, 2026, in London, England in a bid to secure his premiership. Carl Court | Getty ImagesYields on U.K. government bonds surged to multi-decade highs on Tuesday morning, as pressure…