The world in a glance.

The Pope disrupts Silicon Valley

Unlike the US president, the pontiff is choosing to grapple with the serious challenges of AI

More monthly auto loan payments are above $1,000, and most are not for luxury models

The top five models for the $1,000-plus payments were popular pickup trucks including the Ford F-150, Chevrolet Silverado 1500 and Ram 1500.

Court rules against Marc Rowan in Hamptons lobster shack dispute

Billionaire co-founder of Apollo has been locked in a battle with East Hampton for years over changes to eatery

Consumer spending looks strong, but higher inflation is a big reason why

Americans get less bang for their bucks

U.S. oil prices rise back above $90 a barrel after fresh round of U.S.-Iran strikes, pushing peace deal into doubt

United States-Iran strikes are testing a fragile cease-fire, casting doubt on a peace deal and reopening the Strait of Hormuz.

Inflation escalates to 3-year high. And it might get worse before it gets better.

The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and…

Snowflake’s stock blasts off, fueled by AI acceleration and deeper Amazon partnership

Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS.

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.

Israel attacks Beirut in new wave of bombing

Strike on capital’s southern suburbs comes day before two countries due to hold ‘security talks’ in Washington

Without fanfare, China is making rural migrants’ lives easier

The notorious hukou system is being relaxed. Marx would approve

How to tax businesses in orbit and beyond

As the space business grows, so will offplanet finance

‘Hunting Wives’ star Malin Akerman lists ‘idyllic California retreat’ in Hollywood Hills for $3 million

Canadian actress Malin Akerman and her husband, Jack Donnelly, have brought their longtime L.A. hideaway to the market for $2.99 million—more than 15 years after purchasing the…

Is the ‘debasement trade’ dead? Outflows from gold and bitcoin ETFs suggest investors are moving on

The so-called debasement trade has fallen out of favor as both a discussion point and an investment concept.

US and Iran exchange fire amid increasingly strained truce

Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran

AI boom outweighs Iran war pain, Korean central bank chief says

Shin Hyun-song at first policymaking meeting projects boost to GDP on chip demand and surging stocks

US carries out fresh strikes on Iran

Official says increasingly strained ceasefire continues to hold

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.

Chip stocks race towards biggest gains since dotcom era on AI demand

Philadelphia Semiconductor Index rides Big Tech’s data centre spending spree to 75% gains in 2026

Kirkland & Ellis to spend $500mn building its own AI technology

World’s highest-grossing law firm plans to put the ‘collective intelligence’ of its lawyers into a tech platform

Rouble’s strength piles pressure on Russian war economy

Rising energy exports have helped push currency to three-year high, making other exports less competitive

America’s hegemonic glory is under threat

Along with excessive ‘guns and butter’ spending, that risk means long-term Treasuries are expensive

Ukraine is turning the tables

The country’s war effort was at a nadir. But mass drone production has come to the rescue

Cancer treatment already costs hundreds of thousands of dollars — and it’s about to get even worse

Someone who survived brain cancer in the 1990s explains how the Affordable Care Act could have helped.

More Americans are raiding their emergency savings just to fill up their gas tanks

Most people think of emergencies as job loss or a hospital bill. For many today, it’s soaring energy costs.

Snowflake’s stock surges nearly 40% as AI acceleration drives record product-revenue growth

Snowflake’s stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon’s AWS.

Marvell’s stock falls despite ‘exceptional’ AI demand driving a stronger growth outlook

The custom-chip maker says revenue growth is expected “to continue accelerating each quarter” for the rest of the fiscal year.

Salesforce shares dip on soft revenue outlook as AI disruption concerns linger

While the company’s Agentforce offering is picking up steam, Salesforce didn’t deliver the top-line growth investors wanted to see

Nvidia chief Jensen Huang to join board at prestigious Beijing university

Chipmaker boss’s move to join Tim Cook-chaired board underlines push to maintain ties with China

My friend, 62, earns $20,000 a year. Should she take Social Security now — and claim survivor’s benefit at 67?

“I calculated her break-even point to be around age 78.”

Google engineer charged with insider trading on Polymarket

Employee allegedly used account name ‘AlphaRaccoon’ and amassed more than $1mn, charges say

Investors betting the Iran war is ending are buying up travel stocks

Shares of travel names Delta, United and MGM were among the S&P 500’s biggest gainers on Wednesday. But one strategist called the market’s optimism misplaced.

Stocks just scored a trifecta of record closes for the first time in 2026. What to expect next.

Equities had been prone to larger upswings when President Trump previously talked positively about the two sides getting closer to ending the Iran war

Trump says rising economic costs will not force him into Iran deal

President’s comments come as hopes of an agreement to end the war push oil prices lower

Salesforce shares sink on soft revenue outlook as AI disruption concerns linger

While the company’s Agentforce offering is picking up steam, Salesforce didn’t deliver the top-line growth investors wanted to see

Kevin Warsh’s troublesome inflation in-tray

The new Fed chair will struggle to appease his colleagues, the market and Donald Trump all at once

‘I’m unsure of the best approach’: My father, 91, is in hospice care. He left his six children CDs. Can we cash out?

“His banker suggested that it might be easier after my father’s passing if we liquidate all of the CDs.”

Sam Altman’s toxic ‘culture of silence’ is an overlooked risk for OpenAI’s investors

‘Conflict-averse’ CEO’s management style encourages groupthink — and it’s a massive corporate liability.

Investors are rushing to buy TIPS ETFs to beat inflation. They could end up losing.

Inflation-protected funds don’t always protect against inflation. As consumer-price inflation hits a three-year high due to the Iran war, the premise in their names is being…

Zscaler’s stock seeing record drop after investors are blindsided by a disappointing outlook

Shares of Zscaler were headed for a record one-day decline of more than 31% after the cybersecurity company shocked investors with a downbeat revenue outlook.

America is losing the AI productivity war to 3.5 million Chinese STEM graduates

Big Tech’s structural mistakes are costing stock investors and fueling a massive talent crisis.

Paxton victory gives Democrats new hope in Texas Senate race

Trump-backed candidate may have limited appeal outside the president’s Maga base

Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month

Boeing CEO Kelly Ortberg said the company has met FAA requirements to ramp up its production of 737 Max aircraft to 47 per month.

Big Tech gets the AI profits. You get the higher utility bills.

The AI data-center boom is quietly cannibalizing America’s power grid.

Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales

Abercrombie & Fitch saw sales in Europe, Middle East and Africa decline by 10%, thanks in large part to the conflict in the Middle East.

More than 9 million people are missing out on $58 billion in food and medical benefits. Are you one of them?

Lack of awareness, social stigma, application struggles and eligibility concerns prevent people from getting benefits

Momentus’s stock nearly triples in 2 days as the space company raises more cash from investors

Momentus investors continue to cheer as the space firm secures more cash through a private placement of stock.

Lululemon settles proxy battle with founder Chip Wilson, agrees to two board nominees

Lululemon has been battling with founder Chip Wilson since December, as he says the company has lost its strategic vision and needs a new board of directors.

Jamie Dimon says JPMorgan could spend up to $20bn on a new acquisition

Bank chief executive says Trump administration’s lighter approach to regulation has freed as much as $50bn in excess capital

Jamie Dimon says JPMorgan Chase could spend $20 billion on acquisition: 'We are on the lookout'

A $20 billion deal would be among the largest in JPMorgan's history and could invite regulatory scrutiny given its position as the largest U.S. bank by assets.

Oil falls as Iranian state television reports details of peace proposal

Broadcast said draft deal would restore Strait of Hormuz shipping within a month