The world in a glance.

The number of 401(k) millionaires just fell — but workers hit record savings rates. What’s going on?

Fidelity’s first-quarter data shows 401(k) balances dipping — but it’s not all bad news.

The stock index you invest in isn’t always the most important decision. Here’s what matters even more.

Time in the stock market is more important than index selection — and the Dow’s 130-year history proves it.

67 million kids haven’t signed up for ‘Trump accounts.’ Here’s what they could be missing out on.

Nearly 6 million American children have been signed up for “Trump accounts,” but millions more are eligible — and they could be leaving free money on the table.

This mutual fund lets you buy SpaceX stock before the IPO — but what are you actually getting?

The hype surrounding SpaceX and the scale of its ambitions will surely drive short-term demand for shares in the IPO.

The death of Nascar driver Kyle Busch is renewing the debate around indexed universal life insurance

If you’re looking for a “sure thing” in a retirement plan, indexed universal life is probably not the answer.

‘I feel like I’m living a lie’: My husband and I pretend we’re strapped for cash in front of friends. Is that bad?

“I’ve found that acting ‘normal’ means others treat me like one of the group.”

Investors and labels are buying into the growing South Asian music business in the U.S.

Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture, 5 Junction.

Will Gen Z be the generation to revive moviegoing?

Gen Zers like affordable, social experiences and are driving demand for anime and video game titles at the theaters.

What would cause the Fed to hike rates this year? The answer might surprise you.

Later this month, the Kevin Warsh-led central bank will start preparing a possible pivot to tighter policy.

‘I have no preexisting conditions’: I’m 56, earn $198,000 and want to retire early. Can I afford private healthcare?

“I’m trying to figure out whether it’s worth my while achieving FIRE.”

Historic cattle shortages push US beef prices to record highs

High feed costs and drought have thinned herds to the lowest levels in 60 years as protein-hungry consumers drive demand

‘Fairness is important to us’: We sold our family business to our son at a discount. How can we make this up to our other child?

“We did not seek or consider other offers. We engaged several professionals throughout the process.”

Trump will remain ‘patient’ in pursuit of a deal with Iran, says Hegseth

President wants to make a ‘great’ deal but defence secretary warns US is ready to restart attacks

Hegseth says US-China ties are ‘better than in years’

Pentagon chief still presses allies to boost defence spending to counter ‘military build-up’ by Beijing

Ferrari’s new EV sparks Italian angst over Agnelli legacy

Critics say John Elkann has detached the family empire from its home country

The floor versus the ceiling

The world has come to prefer a high minimum to outright excellence

Trump, Texas and the risk of a Pyrrhic victory

By favouring a divisive candidate, the president may have put the Senate in play

Germany’s Merz struggles to contain ‘chancellor swap’ talk

Younger, more popular conservative Hendrik Wüst emerges as dark horse for the chancellery as polls slide

Should AI steal your job?

The real question is not what the technology can do but what it ought to do. Sarah O’Connor on the people fighting for the future of work

Trump’s ‘anti-weaponisation’ fund and Kennedy Center revamp blocked by judges

Administration ordered to halt actions linked to legal fund and separately remove president’s name from arts complex

A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.

Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.

Gap and American Eagle shares both get crushed — and neither retailer is blaming the economy

Despite earnings that underwhelmed investors, executives at both Gap and American Eagle Outfitters said nothing is wrong with the economy.

Oil slides, stocks climb as Trump puts off determination on Iran proposal

A White House meeting Friday ended without a decision by the U.S. president.

ServiceNow’s stock soars to a historic month as AI fears fade across software

ServiceNow shares gained over 40% this month, leading an industrywide relief rally among enterprise software companies.

Dell’s stunning 33% stock rally gave a big boost to shares of other server makers

Dell’s blowout earnings report is highlighting how the AI buildout is also driving demand for old-school computing.

Here’s the real story behind the record drop in America’s oil reserves

Stocks in the nation’s Strategic Petroleum Reserve are near their lowest in more than 40 years — but it may not matter

These S&P 500 stocks soared the most during the AI-driven May rally

Even stocks in the beleaguered software industry have been on fire.

Space stocks tumble after a Blue Origin rocket explodes and SpaceX’s valuation gets a reality check

The red-hot space sector was feeling some heat on Friday, cooling from some of the spectacular gains seen in May.

Oil prices tumble nearly 20% in May — the biggest monthly drop since 2020. Here’s what’s next.

Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.

BoE governor warns Middle East ceasefire would ‘still create uncertainty’

Andrew Bailey says interest rate cuts can only come when policymakers are ‘much more confident’

Changes at CBS put pressure on California AG to challenge Paramount-Warner Bros. deal

With the DOJ expected to approve the $110 billion Hollywood megamerger, political concerns over turmoil at Paramount’s CBS may push Democratic AGs to act, experts say.

The ‘Three A’s’ are keeping the economy afloat during Iran war. Is it enough to avoid recession?

The U.S. economy may be more fragile than a raging bull market suggests.

Thiel moves family to Milei’s libertarian Argentina

Palantir founder intends to spend several months in Buenos Aires initially

The company behind the White House’s UFC event says rivals ‘would kill’ for the opportunity. Critics say that’s a problem.

As work crews put up a temporary arena on the White House grounds for a UFC event next month tied to America’s 250th anniversary, supporters and critics of the event are in…

US stocks post longest weekly winning streak since 2023

AI enthusiasm and hopes for deal to extend US-Iran ceasefire boost markets

These S&P 500 stocks have soared the most during the AI-driven May rally

Even stocks in the beleaguered software industry have been on fire.

Trump pledges ‘final determination’ on Iran deal to extend ceasefire

US president seeks agreement on ‘unrestricted traffic’ in Strait of Hormuz

Why Iran fears a deal today means more war tomorrow

Tehran interprets the US’s seemingly generous concessions as too good to be true

Meg O’Neill, the no-nonsense CEO steering BP through crisis

The ‘bullying’ scandal that led to chair Albert Manifold’s removal coincides with an attempted turnaround

Disney's ABC files early broadcast licenses renewal. FCC Chair vows to 'follow the facts'

Disney said it filed renewals for eight broadcast station licenses "under protest," after the FCC launched an early review years ahead of schedule.

French prosecutors widen probe into alleged €14bn Hermès share fraud

Three Swiss lawyers placed under formal investigation over disappearance of Nicolas Puech’s shares in the luxury group

Elon Musk’s SpaceX IPO could quickly launch into your retirement plan

Index funds popular with retirement plans are poised to buy SpaceX’s stock rocket-fast.

Trump’s $1.8bn ‘anti-weaponisation’ fund blocked by judge

In legal challenge, plaintiffs allege the money ‘rewards and incentivises unlawful behaviour’

Kazakhstan offers to take Iran’s uranium stockpile, watchdog says

Fate of highly enriched material is one of the thorniest issues in US-Iran talks to end war

67 million kids haven’t signed up for ‘Trump accounts.’ Here’s what they could be missing out on.

Nearly 6 million American children have been signed up for “Trump accounts,” but millions more are eligible — and they could be leaving free money on the table.

Replimune to resubmit twice-rejected drug for approval after FDA shakeup

Replimune was among the drugmakers that had criticized the FDA for what they called inconsistent guidance around trials and approvals.

‘Fairness is important to us’: We sold our family business to our son at a discount. How can we make this up to our other child?

“We did not seek or consider other offers. We engaged several professionals throughout the process.”

This strategist is using prediction-market shifts to calculate what happens when an Iran deal is announced

A Citadel strategist looked at prediction market changes during the Memorial Day long weekend to calculate market moves.

Oil prices fall on hopes of Strait of Hormuz reopening

Biggest monthly decline in Brent crude since 2020 comes amid signs US and Iran could be close to a deal

Want an alternative to chip stocks? This sector with an AI angle is breaking out.

The transportation sector has benefited from hopes of a Iran peace deal, but also from the build out of data centers needed to power AI.