The world in a glance.

Here’s how much money the 2026 NFL draft picks will make — and who’s at risk of losing millions

Three NFL players will make over $50 million in tonight’s draft

Why Intel’s stock is on track for a historic surge after earnings

Intel shares could see their best post-earnings performance on record and finally surpass their 2000 closing high amid a “CPU renaissance.”

Cheap stock options suggest a big post-earnings swing next week for Meta and other tech titans

Wall Street is underestimating a potential price explosion in next week’s tech-stock earnings reports.

French weather forecast office files police complaint following suspicious Polymarket bets

Temperature readings at Charles de Gaulle International Airport rose by a few degrees in a matter of minutes.

Trump says Israel and Lebanon will extend ceasefire by 3 weeks

President says American navy will ‘shoot and kill’ any boat laying mines in Strait of Hormuz

Trump is swaying the market like no president has in decades, analysis shows

Data suggests President Trump has been the driver behind the best and worst days for stocks in his second term.

Nike is cutting 1,400 more jobs — and the company’s shake-up is not done yet

Nike on Thursday said it would cut around 1,400 jobs in its global operations, the latest efforts to shrink staff as the sneaker-maker’s turnaround efforts remain in flux and as…

US shale bosses resist boosting oil output over Iran war ‘chaos’

Dallas Fed survey finds that energy executives are not confident high prices will hold

Hainan had one job for years: capturing domestic luxury-goods spending. Now China wants the island province to work harder.

Beijing’s message is unmistakable: If Hainan can no longer thrive as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process…

Here’s how much money the 2026 NFL draft picks will make — and who’s at risk of losing millions

Three NFL players will make over $50 million in tonight’s draft

Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for free

Regeneron is the latest in a string of major drugmakers to make pricing concessions for new and existing medicines under agreements with Trump.

Trump’s meme coin is down 80% since his first event promoting it. He’s holding another gala for it this weekend.

President Donald Trump plans to host another private event for top holders of his meme coin, but the grand functions aren’t sending the $TRUMP digital token to new highs — and the…

As Americans turn to blue-collar jobs for stability, here’s which ones offer the most security — and which offer the least

College affordability issues and tech layoffs have boosted interest in the skilled trades, but “blue-collar work isn’t necessarily insulated from other market forces.”

China hackers steal western secrets by targeting consumer gadgets

Compromised home internet routers and smart fridges are being used in cyber attacks, intelligence agencies warn

Investors are worried about private credit’s close ties to software stocks. So, why is money flooding into these ETFs?

Some investors are shunning private-credit funds, but billions of dollars are still flowing into funds with a big software exposure.

Lululemon names former Nike exec Heidi O'Neill as new CEO

Lululemon announced on Wednesday that it has chosen former Nike executive Heidi O'Neill as its new CEO, effective in September.

Microsoft to offer 7% of US staff voluntary redundancy for the first time

Long-serving employees given option for buyouts as it prepared to spend $140bn on AI investment this year

Wanted: a new finance writer

An opportunity to join the staff of The Economist

RFK Jr. says he would support a potential ban on junk food TV ads

A ban on TV junk food ads would likely draw fierce backlash from major food manufacturers.

Kevin Warsh’s wealth shows how top family office employees can cash in

Top family-office employees like Warsh can co-invest with the families they work for, thanks to favorable regulation.

Warner Bros. Discovery shareholders approve Paramount acquisition

Warner Bros. Discovery held a special meeting on Thursday for shareholders to vote on Paramount's proposed acquisition of the company.

Trump administration in advanced talks for Spirit Airlines rescue package, sources say

The Trump administration is preparing to rescue ailing budget carrier Spirit Airlines.

American Airlines CEO says merger with United would be 'bad for customers'

United CEO Scott Kirby floated the idea of a merger with American to a Trump administration official earlier this year, according to sources.

Arnault warns Middle East war could spiral into ‘global catastrophe’

LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly

American Airlines cuts 2026 earnings projections after surge in jet fuel

American Airlines cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to its expenses.

French weather forecasting office files police complaint following suspicious Polymarket bets

Temperature readings at Charles de Gaulle International Airport rose by a few degrees in a matter of minutes .

Amex cardholders are loading up on luxury goods and premium airfares, as spending growth picks up

American Express books 10% spending growth in the first quarter.

‘I hope to retire at 59’: I have $950,000 in my 401(k)s. When do I do a Roth conversion?

Roth conversions are permanent. Once done, they cannot be undone.

Energy stocks are trouncing the rest of the stock market in 2026. Why the Iran war could erode those gains from here.

Rising oil prices are putting wind in the sails of oil and gas companies — but only for so long. They are reaching levels now that could start to bite into energy firms’ bottom…

A historic rally for the S&P 500 is just getting started, says Wall Street veteran who called the April 2025 bottom

Milton Berg offers plenty of reasons why the stock market continues to build on the bottom it saw a year ago.

Cabinet Office head says Olly Robbins refused to give her Mandelson vetting documents

Cat Little backs PM’s claim that due process had been followed in appointing Labour grandee as ambassador to US

Labour is being destroyed by its former saviours

Factionalism effectively quashed the Corbynites but has undermined Keir Starmer’s leadership of party and country

Gas prices are rising, but don't count on significantly lower car insurance premiums as a result

Reducing driving by 10% would save the average person just $27 a year on insurance, according to Insurify.

‘This is unbelievable’: My adviser made $300,000 trading options. Now I’m being killed by taxes. Do I fire him?

“I am getting hit with IRMAA in two years.”

Has the World Bank performed a U-turn on industrial policy?

Interventionists who think so should read its new report more closely

Renewables are shining. The Iran war amplifies their appeal

Two new reports are a must-read of energy-starved governments

Xi Jinping wants a powerful currency. America’s war has helped

More countries are starting to use China’s payment infrastructure

Chinamaxxing is starting to catch on, in China

It’s a boon for the tourist trade

UK public sector borrowing hit £12.6bn in March as Iran war strains finances

Higher energy prices stoked by conflict have resulted in higher borrowing costs for government

Escape from Hormuz: the oil tankers running the Iranian gauntlet

How trading houses Vitol, Trafigura and Mercuria have managed to get some of their vessels out of the Gulf

Sadiq Khan: Labour risks being ‘stonked’ in London elections

Mayor says campaigning ahead of May 7 local elections is some of ‘most difficult’ he has experienced in more than 40 years

The secret diary of a middle power

So much economic conflict, so many feelings

UK could save £2.5bn by helping banks to buy gilts, says Barclays

Idea long pursued by banking sector lobbyists faces opposition from regulators

Allegations about Mandelson and Epstein reported to National Crime Agency in 2024

Law enforcement decided the information did not warrant a full investigation

Business degrees are booming in the UK. Who is profiting?

Average incomes five years after graduating are less than for people who studied nursing

SpaceX and Tesla are on an inevitable collision course

To the extent shareholders just want exposure to Elon Musk, a single security seems like the sensible end state

FICO’s stock falls as Fannie and Freddie deal the credit-score company a new blow

The government-backed entities are embracing a rival type of credit score.

Why ServiceNow’s stock is sliding in the wake of earnings

Investors may be taking issue with various elements of the software company’s margin forecast.

IBM’s stock falls as software revenue underwhelms

Investors have been concerned about AI’s impact on IBM’s software and consulting businesses.

US navy secretary fired amid Iran blockade

John Phelan ousted after clashing with defence secretary Pete Hegseth