U.S. World Business Lifestyle
Today: April 28, 2026
Today: April 28, 2026

Economy

Business|Economy|Political|World

Iran’s Guards seize wartime power, blunting Supreme Leader's role

Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of

Iran’s Guards seize wartime power, blunting Supreme Leader's role
Business|Economy|Finance|Stock Markets|World

US consumer confidence unexpectedly improves in April

U.S. consumer confidence unexpectedly ticked up in April as a ceasefire in the war with Iran boosted stock prices while labor market perceptions improved, a survey

US consumer confidence unexpectedly improves in April
Economy|Environment|Political|World

UAE quits OPEC in blow to cartel that could reshape global oil markets

UAE quits OPEC in blow to cartel that could reshape global oil markets

UAE quits OPEC in blow to cartel that could reshape global oil markets
Business|Crime|Economy|US

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation
Business|Economy|Entertainment|Environment|Food|Lifestyle

McDonald's is the latest fast food chain to offer fancier drinks

Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings

McDonald's is the latest fast food chain to offer fancier drinks
Business|Economy|Travel|World

Russian superyacht crosses blockaded Strait of Hormuz

A superyacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit

Russian superyacht crosses blockaded Strait of Hormuz
Business|Economy|Technology|World

BYD posts steepest profit drop in six years as China sales falter

Chinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by

BYD posts steepest profit drop in six years as China sales falter
Business|Economy|Finance|World

Spain sticks to 2.2% economic growth forecast, for now

The Spanish government still expects the economy to grow 2.2% this year, Economy Minister Carlos Cuerpo said on Tuesday, adding though that uncertainty triggered by the

Spain sticks to 2.2% economic growth forecast, for now
Arts|Business|Economy|Entertainment|Technology|World

Spotify's spending plan hurts profit outlook as Europe, North America growth lags

Spotify forecast second-quarter earnings below estimates on Tuesday, citing more spending on marketing for new features as growth in major markets of Europe and

Spotify's spending plan hurts profit outlook as Europe, North America growth lags
Business|Economy|Entertainment

Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world's No.4 music group

Bertelsmann will combine its music division BMG with rival Concord in a deal that would create the world's fourth‑largest music company behind

Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world's No.4 music group
Business|Economy|Finance|Stock Markets|Technology

Starboard makes large investment in Dynatrace, sees strategic value

Activist investor Starboard Value said on Tuesday it has made a "substantial investment" in software monitoring firm Dynatrace, arguing the company is undervalued and urging it to

Starboard makes large investment in Dynatrace, sees strategic value
Business|Economy|Europe|Finance|World

Italy budget watchdog casts doubt on government debt reduction pledges

Italy's budget watchdog, UPB, raised doubts on Tuesday over the government's pledge to put the country's massive debt on a downward path starting from 2027

Italy budget watchdog casts doubt on government debt reduction pledges
Business|Economy|Finance|Stock Markets|World

S&P Global reports higher first-quarter profit on demand for analytics products

Financial information company S&P Global reported a rise in first-quarter profit on Tuesday on strong demand for its data and analytics offerings amid geopolitical uncertainty,

S&P Global reports higher first-quarter profit on demand for analytics products
Business|Economy|Finance|Health|Stock Markets

Kimberly-Clark flags potential $170 million cost impact from higher oil prices

Kimberly-Clark warned on Tuesday that persistently higher oil prices could add up to $170 million in costs in the second half of the

Kimberly-Clark flags potential $170 million cost impact from higher oil prices
Arts|Economy|Europe|Political|World

How a rising star of France’s far right weaponised a routine inquiry against public broadcasters

A French fact‑finding inquiry — normally a dull parliamentary ritual — has turned into a polarising political spectacle, giving France's far right an

How a rising star of France’s far right weaponised a routine inquiry against public broadcasters
Business|Economy|Finance|Stock Markets|Technology

Oracle, CoreWeave lead AI selloff on OpenAI growth concerns

Shares of artificial intelligence-related firms dropped on Tuesday after the Wall Street Journal reported that OpenAI had missed its goals

Oracle, CoreWeave lead AI selloff on OpenAI growth concerns
Business|Economy|Travel|World

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict

Hotel operator Hilton Worldwide Holdings raised annual room revenue growth forecast on Tuesday, betting on a rebound in domestic travel to boost demand across

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict
Business|Economy|Finance|Stock Markets|World

Oil prices trim gains after UAE exits OPEC, OPEC+

Oil prices rose more than 3% on Tuesday as stalled efforts to end the Iran war kept the Strait of Hormuz largely closed, constraining Middle East supplies

Oil prices trim gains after UAE exits OPEC, OPEC+
Business|Economy|Science|Technology

T-Mobile rolls out broadband with Starlink backup to expand business customer base

T-Mobile on Tuesday launched a new internet offering for businesses, combining its 5G network with Starlink's satellite backup to serve companies

T-Mobile rolls out broadband with Starlink backup to expand business customer base
Business|Economy|Entertainment|Finance|Stock Markets|World

Sherwin-Williams sees quarterly sales growth on price hikes amid Middle East conflict

Paintmaker Sherwin-Williams on Tuesday forecast mid-single-digit sales growth for the second quarter, banking on price increases and contributions from recent acquisitions, even

Sherwin-Williams sees quarterly sales growth on price hikes amid Middle East conflict
Business|Economy|World

India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag

India's industrial output expanded 4.1% in March, its slowest pace in five months, as softer factory output and weak power generation weighed on growth, government data

India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag
Business|Economy|Europe|Technology|World

Norway wealth fund CEO warns just using AI for job cuts risks backlash

The CEO of Norway's $2.2 trillion sovereign wealth fund, the world's largest, urged companies on Tuesday to use artificial intelligence to "lift everybody

Norway wealth fund CEO warns just using AI for job cuts risks backlash
Business|Economy|Finance|Stock Markets|US

Coca-Cola plays down impact of high oil prices to raise profit forecast

Coca-Cola on Tuesday bucked the trend of consumer goods companies warning of a hit to their annual profits from the fallout of the Iran

Coca-Cola plays down impact of high oil prices to raise profit forecast
Business|Economy|Finance|Stock Markets|Technology|World

AI disruption puts focus on long-term value of US equities, Goldman Sachs says

AI's potential to disrupt businesses has sparked concerns over the dependency of U.S. equity valuations on long-term growth forecasts, particularly in the software

AI disruption puts focus on long-term value of US equities, Goldman Sachs says
Business|Economy|Finance|World

Brazil's mid-April consumer prices undershoot forecasts ahead of rate decision

Brazil's inflation accelerated less than expected in early April despite a jump in fuel and food prices, official data showed on Tuesday, reinforcing market

Brazil's mid-April consumer prices undershoot forecasts ahead of rate decision
Business|Economy|Fashion and Beauty|Finance|Sports

Lululemon appoints new director as proxy fight with founder looms

Lululemon Athletica is appointing an executive with significant branding and marketing experience to its board as the athletic apparel maker's

Lululemon appoints new director as proxy fight with founder looms
Business|Economy|Finance|Stock Markets|US|World

Foreign demand for US corporate bonds rises as investors favor tech over financials, Citigroup says

Foreign demand for U.S. investment-grade corporate bonds has remained strong for 15 consecutive months, according to Citigroup, as overseas investors rotate into technology, media

Foreign demand for US corporate bonds rises as investors favor tech over financials, Citigroup says
Business|Economy|Election|Finance|Political|Stock Markets|World

Brazil's Lula and Flavio Bolsonaro are neck and neck in presidential runoff, poll finds

Brazil's President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro were tied in a simulated run-off, an AtlasIntel/Bloomberg poll showed on Tuesday, ahead of

Brazil's Lula and Flavio Bolsonaro are neck and neck in presidential runoff, poll finds
Business|Economy|MidEast|Political|World

United Arab Emirates says it will leave OPEC effective May 1

The United Arab Emirates says that it will leave the oil cartel OPEC effective May 1

United Arab Emirates says it will leave OPEC effective May 1
Business|Economy|Science|Technology

Elon Musk to testify in a case that could change the path of AI

Elon Musk to testify in a case that could change the path of AI

Elon Musk to testify in a case that could change the path of AI
Business|Economy|Finance|Food|Stock Markets

Smithfield Foods warns of cost pressures amid Mideast war, shares fall

Smithfield Foods executives said rising energy-related costs are crimping its packaged meats business amid uncertainty linked to the war in the Middle East,

Smithfield Foods warns of cost pressures amid Mideast war, shares fall
Business|Economy|Environment|Science|Technology

Rare Earths Americas kicks off US IPO roadshow with $368 million valuation target

Rare Earths Americas kicked off the roadshow for its U.S. initial public offering on Tuesday, aiming for a valuation of up to $368.4 million, as investor interest

Rare Earths Americas kicks off US IPO roadshow with $368 million valuation target
Business|Economy|Finance|Stock Markets|World

Talons on show

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets This week’s pack of major central bank meetings got off to a

Talons on show
Economy|Education|Environment|Health

Nebraska is becoming the first state to implement a Medicaid work requirement signed by Trump

Many people applying for Medicaid in Nebraska will soon have to prove that they're working, volunteering or in school

Nebraska is becoming the first state to implement a Medicaid work requirement signed by Trump
Business|Economy

Canada's fiscal update to show improved deficit, revenue projections

Canada's fiscal update on Tuesday is likely to show the budget deficit improved and revenues rose in the last fiscal year but gains from higher oil

Canada's fiscal update to show improved deficit, revenue projections
Business|Economy|Europe|Food

Iran war yet to push up UK grocery prices, says Worldpanel

British grocery inflation eased to 3.8% in the four weeks to April 19 from 4.3% in the previous period, data from Worldpanel by Numerator showed on Tuesday,

Iran war yet to push up UK grocery prices, says Worldpanel
Business|Economy|Finance|Stock Markets|Technology

Big Tech investors to gauge payoff as AI spending set to hit $600 billion

Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom.

Big Tech investors to gauge payoff as AI spending set to hit $600 billion
Asia|Economy|Europe|Political|World

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil

The European Union's foreign policy chief Kaja Kallas urged partner countries in Southeast Asia on Tuesday not to turn to Russia for oil supplies as they try

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil
Business|Economy|Health|World

Ghana rejects proposed US health aid deal, citing data concerns, source says

Ghana has rejected a bilateral health deal with the U.S., a source familiar with the negotiations told Reuters, the latest stumbling block to the

Ghana rejects proposed US health aid deal, citing data concerns, source says
Business|Economy|World

Inflation surge and eroding growth raise policy dilemma for ECB

Euro zone inflation expectations are surging on the fallout from the Iran war but economic growth is faltering, separate European

Inflation surge and eroding growth raise policy dilemma for ECB
Business|Economy|Technology|World

Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors

Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
Business|Economy|Finance|Stock Markets|World

Russian central bank wants mandatory yuan reserves for lenders

MOSCOW, April 28 - Russia's central bank wants commercial banks to hold mandatory reserves of yuan to prevent shortages of the Chinese currency in the foreign exchange market and rein in excessive

Russian central bank wants mandatory yuan reserves for lenders
Business|Economy|Finance|Stock Markets|World

Dollar picks up, yen steady as central banks in focus after BOJ holds

The dollar strengthened slightly while the Japanese yen was broadly steady on Tuesday as markets focused on central bank policy decisions and guidance

Dollar picks up, yen steady as central banks in focus after BOJ holds
Business|Economy|Finance|Stock Markets|Technology

Citigroup lifts AI market view to over $4 trillion on enterprise adoption

Citigroup raised its global artificial intelligence market forecast, citing faster-than-expected enterprise adoption of artificial intelligence tools for coding and automation,

Citigroup lifts AI market view to over $4 trillion on enterprise adoption
Business|Crime|Economy|Environment|Health

Purdue Pharma to be sentenced, paving way for opioid settlement

Purdue Pharma will be sentenced on Tuesday in New Jersey federal court for deceiving government regulators and paying kickbacks to doctors to boost

Purdue Pharma to be sentenced, paving way for opioid settlement
Business|Economy|Finance

Fed's policymaking table is set for the 'family fight' Warsh says he wants

Federal Reserve chief nominee Kevin Warsh says he wants a "good family fight" at the policymaking table once he takes over as head of the U.S. central bank.

Fed's policymaking table is set for the 'family fight' Warsh says he wants
Business|Economy|Technology|World

Iran eases internet curbs for businesses as blackout enters third month

Iran's top security body has approved a temporary scheme for businesses to access the global internet with fewer restrictions, a government spokesperson told Iranian media

Iran eases internet curbs for businesses as blackout enters third month
Business|Economy|Environment|Science|Technology

OpenAI trial pitting Elon Musk against Sam Altman kicks off

A trial that could help shape the future of artificial intelligence begins on Tuesday, with billionaires Elon Musk and Sam Altman at odds

OpenAI trial pitting Elon Musk against Sam Altman kicks off
Business|Economy|Political|World

Trump says Iran has told him it is in a 'state of collapse'

Donald Trump said Iran had informed him it was in a "state of collapse" and was figuring out its leadership situation, as efforts to end the

Trump says Iran has told him it is in a 'state of collapse'
Business|Crime|Economy|World

US soldier accused of gambling on Maduro removal due in court

The U.S.

US soldier accused of gambling on Maduro removal due in court
Asia|Business|Economy|Technology|World

Toyota suppliers feeling profit pressure from Iran war

Japanese parts suppliers to automakers including Toyota face mounting cost and supply uncertainties due to the Iran war, warning that oil-related

Toyota suppliers feeling profit pressure from Iran war
Business|Economy|Finance|Stock Markets

Canada's deflating housing bubble stymies wealth effect of booming stock market

Canada's housing market slump, the longest in recent decades, is straining household spending even as a record high domestic stock market generates

Canada's deflating housing bubble stymies wealth effect of booming stock market
Business|Economy|Finance|Stock Markets|World

Barrick names top executives at new North American business post IPO

Barrick Mining named Wessel Hamman as chief financial officer of the new company that will hold its North American assets after its IPO,

Barrick names top executives at new North American business post IPO
Economy|Environment|Health|Political|World

As war nears two months, displaced Lebanese family sinks into despair

It has been nearly two months, but Rabih Khreiss still has trouble recognising his new life. 

As war nears two months, displaced Lebanese family sinks into despair
Business|Economy|Environment|Technology|World

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?

Iran warned last week that submarine cables in the Strait of Hormuz were a vulnerable point for the region's digital economy, raising concerns about

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EssilorLuxottica CEO confident in share price recovery over time

The head of EssilorLuxottica expressed confidence on Tuesday that shares in the Franco-Italian eyewear group can recover the ground lost due to U.S.

EssilorLuxottica CEO confident in share price recovery over time
Africa|Economy|World

Russia calls for rapid restoration of peace in Mali after sustaining casualties

Russia said on Tuesday it was important to quickly restore peace and stability in Mali where its forces are helping the military-led government battle insurgents who

Russia calls for rapid restoration of peace in Mali after sustaining casualties
Business|Economy|Education|World

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands
Asia|Business|Economy|World

South Korea's central bank cites war uncertainty in cautious approach, minutes show

South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of

South Korea's central bank cites war uncertainty in cautious approach, minutes show
Business|Economy|Europe|Finance|World

Euro zone banks tighten access to credit as Iran war bites: ECB survey

Euro zone banks tightened access to credit in the three months to March and expect to continue doing so this quarter as the war in Iran pushes up energy prices and

Euro zone banks tighten access to credit as Iran war bites: ECB survey
Business|Economy|Finance|World

China's central bank guides banks to step up lending in April, sources say

China's central bank has instructed some commercial banks to expand loan issuance in April, said sources with knowledge of the matter, as authorities seek to prevent a sharp

China's central bank guides banks to step up lending in April, sources say
Arts|Australia|Business|Economy|Political|Technology|World

Australia moves to tax Meta, Google and TikTok to fund newsrooms

Australia is proposing to tax digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters

Australia moves to tax Meta, Google and TikTok to fund newsrooms
Business|Economy|Finance|Stock Markets|World

Nippon Express shares soar after Elliott discloses latest Japan stake

Shares of Japanese logistics firm Nippon Express Holdings leapt as much as 15% after U.S. activist investor Elliott Investment Management disclosed a 5.04% stake in the

Nippon Express shares soar after Elliott discloses latest Japan stake
Business|Economy|Finance|Stock Markets|World

European shares subdued as US-Iran talks stall; corporate earnings on tap

European shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighing a diplomatic

European shares subdued as US-Iran talks stall; corporate earnings on tap
Business|Economy|Finance|Stock Markets|US|World

Bank of Japan keeps rates steady but hawkish split points to June hike

The Bank of Japan kept interest rates steady on Tuesday but three of its nine-member board proposed hiking borrowing costs, signalling

Bank of Japan keeps rates steady but hawkish split points to June hike
Economy|Political|World

Ukraine needs to approve parcel tax to keep IMF funding, source says

Ukraine needs to adopt a law introducing a value-added tax on inexpensive parcels from abroad to ensure its $8.1 billion programme with the International

Ukraine needs to approve parcel tax to keep IMF funding, source says
Business|Economy|World

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty
Business|Economy|Political|World

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected

When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
Business|Economy|Finance

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
Business|Economy|Finance|World

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports

Spirit Airlines has won the backing of two of its three major creditor groupings needed to secure a $500 million bailout from the Trump administration, the Financial Times

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports
Business|Economy|Finance|Stock Markets|World

BOJ's hawkish hold

A look at the day ahead in European and global markets from Ankur Banerjee In a week packed with central bank meetings, the Bank of Japan's hawkish hold has set the stage for the Fed, the Bank of

BOJ's hawkish hold
Business|Economy|Political|Technology|World

Australia to charge Big Tech companies 2% levy unless they strike local news deals

The Australian government said on Tuesday that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not

Australia to charge Big Tech companies 2% levy unless they strike local news deals
Economy|Environment|Health|World

Iran war is latest blow to Somalia's malnourished children

For Somalia's malnourished children, already suffering the twin catastrophes of looming famine and radical cuts in

Iran war is latest blow to Somalia's malnourished children
Business|Economy|Technology|World

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion

Chery, China's largest car exporter, is taking inspiration from two very different automakers - Toyota and Tesla - as it pursues expansion in Europe and beyond, its

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion