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Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates
World

Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates

Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE Stocks rose on Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence progress would slow amid economic turmoil. The Dow Jones Industrial Average climbed 210 points, or 0.5%. The S&P 500 traded up […]

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South Korea presidential race rocked by court ruling, resignations
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South Korea presidential race rocked by court ruling, resignations

South Korea’s Finance Minister Choi Sang-mok attends a joint press conference on South Korea’s post impeachment situation in Seoul on December 18, 2024. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) Jung Yeon-je | Afp | Getty Images South Korea’s top court cast doubt on Thursday on frontrunner Lee Jae-myung’s […]

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UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%
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UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%

The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported goods from the UK, shoppers spend on Oxford Street beneath union jack flags in London’s West End, on 3rd April 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — The […]

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Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble
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Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble

Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy. First-time filings for unemployment insurance totaled a seasonally adjusted 241,000 for the week ended April 26, up 18,000 from the prior period and higher than the Dow Jones estimate for 225,000, the Labor Department reported Thursday. […]

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Sam Altman’s eye-scanning ID project launches in U.S. with six locations
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Sam Altman’s eye-scanning ID project launches in U.S. with six locations

Worldcoin co-founders Sam Altman and Alex Blania. Worldcoin OpenAI CEO Sam Altman’s eye-scanning venture officially makes its U.S. debut Thursday. Altman co-founded “World” in 2019 — known as Worldcoin until last year — to create a global identity verification system for people, using iris scans and the blockchain to ideally fight against fraud and bots. Here’s […]

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Tesla denies report that the EV maker is looking to replace Elon Musk
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Tesla denies report that the EV maker is looking to replace Elon Musk

Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | Reuters Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street […]

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Lloyds first-quarter profit drops, sets aside 3 million for tariff impact
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Lloyds first-quarter profit drops, sets aside $133 million for tariff impact

A Lloyds Banking Group Plc bank branch in London, UK, on Monday, Oct. 21, 2024. Bloomberg | Bloomberg | Getty Images Lloyds Banking Group’s profits fell 7% in the first-quarter, hit by higher costs and impairment charges, and it set aside 100 million pounds ($133 million) for the impact of trade tariffs imposed by U.S. […]

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Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
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Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports

The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Japan’s central bank held its policy rate at 0.5% Thursday, for a second straight meeting, as U.S. President Donald Trump’s tariffs weighed on the country’s economic outlook. The move […]

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Spain’s antitrust body clears BBVA-Sabadell takeover, awaits government
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Spain’s antitrust body clears BBVA-Sabadell takeover, awaits government

Signage outside a Banco Bilbao Vizcaya Argentaria SA (BBVA), right, and a Banco Sabadell SA, left, bank branch in Barcelona, Spain, on Wednesday, May 1, 2024. Bloomberg | Bloomberg | Getty Images Spain’s competition watchdog CNMC approved on Wednesday the proposed acquisition of Banco Sabadell by its larger rival BBVA, though the combined lender will have […]

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This startup turns trash into designer objects — which have been featured in Vogue
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This startup turns trash into designer objects — which have been featured in Vogue

Müll.Club’s rings are made from household plastics such black containers and gold lids, which make for a marbled effect. Müll.Club Fine art graduate Charlie Rudkin-Wilson’s homewares have been featured in the likes of Vogue magazine and her partners include luxury retailer Fortnum & Mason. But her coasters, rings and soap dishes aren’t made from precious […]

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