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Business

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Consumer confidence weakens as inflation strains households
Consumer confidence weakens as inflation strains households

WASHINGTON, D.C.: Americans are increasingly cutting back on spending despite U.S. stock markets hovering near record highs, as elevated...

AI memory chip boom lifts SK Hynix past $1 trillion
AI memory chip boom lifts SK Hynix past $1 trillion

SEOUL, South Korea: South Korean chipmaker SK Hynix crossed the US$1 trillion market value mark for the first time on May 27, joining...

Wall Street climbs, major indices gain ground Wednesday
Wall Street climbs, major indices gain ground Wednesday

NEW YORK, New York - U.S. stock markets posted modest gains on Wednesday, with all three major indexes closing in positive territory....

Trump getting richer as average Americans get poorer
Trump getting richer as average Americans get poorer

President Donald Trump has brazenly engaged in what appears to be insider trading. A bombshell story published in Bloomberg on May...

American Airlines to roll out Starlink Wi-Fi from 2027
American Airlines to roll out Starlink Wi-Fi from 2027

FORT WORTH, Texas: American Airlines said on May 26 that it plans to equip more than 500 narrow-body aircraft with Starlink in-flight...

AI memory boom pushes Micron into $1 trillion club
AI memory boom pushes Micron into $1 trillion club

NEW YORK CITY, New York: Micron Technology briefly crossed the US$1 trillion market value mark for the first time on May 26 as booming...

International

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Draft deal from US would reopen Hormuz, end naval blockade, Iran says
Draft deal from US would reopen Hormuz, end naval blockade, Iran says

DUBAI, U.A.E.: Iran's state TV said that Tehran has received an early, unofficial draft of a possible agreement with the United States...

Pope Leo XIV apologizes for Church’s role in slavery
Pope Leo XIV apologizes for Church’s role in slavery

VATICAN CITY: Pope Leo XIV made a historic apology on May 25 for the role the Holy See played in supporting slavery and for not condemning...

Remnants of Assad's chemical weapons program found
Remnants of Assad's chemical weapons program found

AMSTERDAM, Netherlands:  Syria's new leadership has found parts of former President Bashar al-Assad's secret chemical weapons program....

Twin attacks in Nigeria, 25 people abducted by gunmen
Twin attacks in Nigeria, 25 people abducted by gunmen

ABUJA, Nigeria:  Suspected bandits attacked a police station and a traditional ruler's palace in Kwara state, Nigeria, early on May...

Record May heat grips Europe, triggers deaths and warnings
Record May heat grips Europe, triggers deaths and warnings

LONDON/PARIS: An unusually early heat wave swept across parts of Western Europe this week, breaking temperature records in Britain...

U.S, and Israel's past disdain for international law obstructing deal with Iran
U.S, and Israel's past disdain for international law obstructing deal with Iran

On May 24, Iran rejected President Trump's latest peace deal, confirming that he had misrepresented what Iran had agreed to and that...