business news
Pirro appears to drop plans to appeal criminal investigation of Fed Chair Powell
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 28, 2025. Leah Millis | Reuters U.S. Attorney for the District of Columbia Jeanine Pirro on Sunday appeared to abandon a […]
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Pirro reveals new Trump attack evidence; Cole Allen challenges ‘suicide precautions’
From left, Acting Attorney General Todd Blanche, Jeanine Pirro, the U.S. attorney for Washington, D.C., and FBI Director Kash Patel conduct a news conference at the Department of Justice about Cole Tomas Allen, the suspect in the White House Correspondents’ Association dinner shooting, on Monday, April 27, 2026. Tom Williams | Cq-roll Call, Inc. | […]
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Trump says he is likely to reject Iran peace proposal as Tehran has ‘not yet paid a big enough price’
Motorists make their way past an anti-U.S. billboard referring to President Donald Trump and the Strait of Hormuz, installed on a building at the Valiasr Square in Tehran on May 2, 2026. A senior Iranian military officer said on May 2 that renewed fighting between the U.S. and Iran was “likely,” hours after President Donald […]
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OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates. The group of seven major oil producers announced it […]
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Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing
An F-35 fighter jet takes off from the US airbase in Ramstein as part of a large-scale exercise involving numerous fighter jets from several NATO countries. Boris Roessler | Picture Alliance | Getty Images Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15IA advanced fighter aircraft from […]
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U.K. government plans to allow airlines to consolidate flights as jet fuel costs soar
Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The U.K. government said on Sunday it plans to temporarily allow airlines to consolidate passengers onto fewer planes over the summer holiday season, a move aimed at preventing last-minute flight cancellations […]
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Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
Austan Goolsbee, President and CEO, Federal Reserve Bank of Chicago speaks at The Capital Hilton during the 42nd annual National Association for Business Economics Economic Policy Conference on February 24, 2026 in Washington, DC. Luke Johnson | Getty Images Inflation data last week was “bad news” for the U.S. Federal Reserve and means the Fed […]
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Global week ahead: Is ‘Sell in May’ just a myth?
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., April 17, 2026. Brendan McDermid | Reuters Conventional wisdom can be a stubborn force. As the trading month of May gets into full swing this week, should investors continue to follow the old adage of […]
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