In recent interview with CNBC, Jeff Bezos took the opportunity to stand up for wealthy Americans, express his support for artificial intelligence, and suggest that income taxes for the lowest earners in the U.S. should be eliminated.
James Murdoch is making a significant move in the U.S. media landscape by investing in Vox Media, grabbing most of the company's main editorial assets through his firm, Lupa Systems.
At Google I/O 2026, Alphabet Inc. (GOOG), rolled out a bold range of AI enhancements for its Search engine, showcasing more advanced AI models, self-sufficient search agents, and tailored mini apps meant to tackle complex tasks.
Stocks moved sharply higher over the course of the trading day on Wednesday, regaining ground after trending lower over the past few sessions. The major averages all showed strong moves to the upside on the day.
People who are less physically fit may need to exercise 30 to 50 minutes more each week than fitter people to get the same heart health benefits, according to a new study. To reach this conclusion, researchers studied data from more than 17,000 adults in the UK between the ages of 40 and 69. The participants...
While the Federal Reserve's decision to once again leave interest rates unchanged last month was widely anticipated, the vote on the decision and the accompanying statement was unusually divided. The minutes of the Fed's April 28-29, released Wednesday afternoon, provided some additional details about officials' mixed views about the outlook for rates.
Research from Oregon Health & Science University (OHSU) showed that abortion bans in some states led to fewer women getting the recommended medical treatment for miscarriages. During the study, published in JAMA, researchers at OHSU noticed that doctors were using less medication treatment and more...
Following the weakness seen in the previous session, stocks have shown a strong move back to the upside during trading on Wednesday. The major averages have all climbed firmly into positive territory, with the tech-heavy Nasdaq leading the way higher. Currently, the major averages are just off their highs of the session.
The U.S. Department of State has issued updated Level 4 travel advisories for all three countries affected by the recent Ebola outbreak. It warned American citizens or permanent residents not travel to the Democratic Republic of the Congo, Uganda, or South Sudan for any reason. Americans have been urged to remain vigilant of CDC guidelines on isolation and quarantine if they are departing the reg
A fast-spreading Ebola outbreak in the Democratic Republic of the Congo has forced health workers rushing to stop transmission, while the rollout of any potential vaccine is months away, the World Health Organization said on Tuesday. A WHO representative has said that Ervebo, a vaccine against the Zaire Ebola virus, is under consideration to stop the transmission of the current outbreak, but "it
U.K. consumer price inflation eased more than expected in April reflecting the fall in energy bills due to the price cap but the slowdown is expected to be temporary given the spike in oil prices amid the ongoing war in the Middle East. Consumer price inflation slowed to 2.8 percent in April from 3.3 percent in March, the Office for National Statistics said Wednesday.
Stocks may move to the upside in early trading on Wednesday, regaining ground following the weakness seen in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest may be generated in...
Investors are awaiting Nvidia's upcoming earnings on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up. In the Asian trading session, oil prices were sharply lower. Gold prices were little changed. Spot gold was steady at $4,482.58 an ounce. As...
The UN Security Council met in an emergency session in New York to discuss the situation in the Middle East following reports of a drone strike near the Barakah Nuclear Power Plant in the United Arab Emirates. IAEA Director General Rafael Mariano Grossi briefed members as concerns grow over nuclear safety...
The Chinese government has confirmed the purchase of 200 American-made Boeing aircraft for Chinese airlines. This was part of many deals secured during President Donald Trump's recently concluded visit to Beijing. The Chinese Commerce Ministry said on Wednesday that the U.S. will guarantee the supply of aircraft engine parts and components. The White House had said earlier this week that a tra
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.