Bae Kyung-Hoon, South Korea’s science and ICT minister, speaks during a memorandum of understanding signing ceremony in Seoul, South Korea, on Monday, April 27, 2026. Google DeepMind is teaming up with South Korea on the country’s K-Moonshot project, which uses AI to solve complex scientific problems. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg…
US Secretary of State Marco Rubio disembarks his plane at Netaji Subhash Chandra Bose International Airport in Kolkata on May 23, 2026. (Photo by Julia Demaree Nikhinson / POOL / AFP via Getty Images) Julia Demaree Nikhinson | Afp | Getty Images U.S. Secretary of State Marco Rubio arrived in India on Saturday on a…
It took nearly a year. But it finally happened this quarter. Home Depot ‘s comps matched Lowe’s , giving investors a reason to keep faith in the troubled stock. For months and months now, Jim Cramer has been frustrated at Home Depot’s inability to keep pace with rival Lowe’s — both in comparable sales and…
President Donald Trump will swear in Kevin Warsh as chair of the Federal Reserve on Friday, putting him in charge of a central bank that must navigate a tumultuous economy and a president with very specific expectations on interest rates. Warsh, 56, will become the 11th Fed chair of the modern banking era and succeeds…
Once investors come back from Memorial Day weekend, the setup for stocks looks tough. June is historically the worst month for all three of the major averages during midterm election years, according to the Stock Trader’s Almanac. The S & P 500 has lost 2.1% on average in the past, while the Dow Jones Industrial…
A new sports competition featuring Olympic medalists will take place in Las Vegas on Sunday. The twist? The competitors can take performance-enhancing drugs. The Enhanced Games, dubbed the “Steroid Olympics,” will see 42 athletes compete across swimming, track and weightlifting. The World Anti-Doping Agency (WADA) and the International Olympic Committee have been highly critical of…
U.S. Treasury yields fell on Friday after a week of volatility that saw borrowing costs rise to multi-year highs in response to renewed concerns about inflation. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.564%. The 2-year Treasury note…
An Estee Lauder Cos. concession in the beauty department inside the John Lewis Partnership Plc department store on Oxford Street in London, UK, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images Estée Lauder’s shares were up almost 10% in premarket trading after talks over a potential merger with Spanish beauty group Puig…
The European Central Bank would be making “a big mistake” by hiking interest rates in a bid to combat inflation, according to one senior economist, who warns that such a move risks tipping the continent into recession. Holger Schmieding, chief economist at Berenberg, said Europe’s key “big three” economies — Germany, France and Italy —…
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images The U.S. and Iran have signaled progress in talks to end the war, but the combatants remain at loggerheads over Tehran’s enriched…
