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Today: April 29, 2026
Today: April 29, 2026

Economy

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CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Business|Economy|MidEast|Political|US|World

Hegseth goes before Congress for the first time since the Iran war started

Defense Secretary Pete Hegseth is facing questioning from members of Congress for the first time since the Iran war began

Hegseth goes before Congress for the first time since the Iran war started
Business|Economy|Environment|World

The Latest: Supreme Court to hear arguments on ending legal protections for Haitian/Syrian migrants

The Supreme Court is weighing arguments over the Trump administration’s push to end legal protections for Haitians and Syrians as migrants fleeing war and natural disaster

The Latest: Supreme Court to hear arguments on ending legal protections for Haitian/Syrian migrants
Business|Economy|World

Bank of Canada lifts growth forecasts for 2026 and 2027

The Bank of Canada on Wednesday slightly lifted its growth forecasts for 2026 and 2027 on the assumption that U.S. tariffs remain unchanged and oil prices gradually

Bank of Canada lifts growth forecasts for 2026 and 2027
Business|Economy|Finance|World

FULL TEXT- Bank of Canada leaves key interest rate unchanged

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and

FULL TEXT- Bank of Canada leaves key interest rate unchanged
Business|Economy

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold
Business|Economy|Environment|Political

Trump met with oil firms on possible months-long extension of Iran blockade

U.S.

Trump met with oil firms on possible months-long extension of Iran blockade
Business|Economy|Finance|Stock Markets|Technology

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion
Business|Economy|Finance|World

Bank of Canada holds rates, says changes will be small if forecasts hold true

The Bank of Canada kept its key interest rate unchanged on Wednesday as expected and said any changes in the rate could be small if

Bank of Canada holds rates, says changes will be small if forecasts hold true
Business|Economy|Political|World

Mexico to require public projects use local steel after US tariffs

Mexico's President Claudia Sheinbaum on Wednesday announced an agreement to require that all public work projects in the country use steel from Mexican companies.

Mexico to require public projects use local steel after US tariffs
Business|Economy|Finance|Stock Markets|World

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says

Walmart's Mexico and Central America unit is aiming to recover sales speed after reporting results in the first quarter that it deemed were "not good", the company's

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says
Business|Economy|Finance|Stock Markets|Technology

Only Elon Musk can fire Elon Musk from SpaceX, filing shows

SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the

Only Elon Musk can fire Elon Musk from SpaceX, filing shows
Business|Economy|Election|Finance|Political|US|World

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee

The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a long-time target of President Trump’s insults for not cutting borrowing costs as far as the president wanted

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee
Business|Economy|Environment|Finance|Political|World

The Latest: Hegseth to face Congress for first time since Iran war began

Defense Secretary Pete Hegseth is facing questioning from lawmakers for the first time since U.S. President Donald Trump launched the war against Iran

The Latest: Hegseth to face Congress for first time since Iran war began
Business|Economy|Political|US|World

Fed chief nominee Warsh clears key confirmation hurdle in Senate

Kevin Warsh, U.S.

Fed chief nominee Warsh clears key confirmation hurdle in Senate
Business|Economy|Environment|Stock Markets|World

US stocks drift in mixed trading as oil prices keep spurting higher

The U.S. stock market is drifting in mixed trading as the countdown ticks to an afternoon announcement from the Federal Reserve on what it will do with interest rates

US stocks drift in mixed trading as oil prices keep spurting higher
Business|Economy|Finance|Stock Markets|US

US core capital goods orders blow past expectations in March

New orders for key U.S.-manufactured capital goods increased more than expected in March while shipments of those products surged, suggesting that business spending on

US core capital goods orders blow past expectations in March
Business|Economy|Health|Technology

GE HealthCare cuts annual profit forecast as inflation weighs on costs

Medical equipment maker GE HealthCare on Wednesday cut its full-year profit forecast on the back of inflation-driven cost pressures, sending its shares down more than 9% in

GE HealthCare cuts annual profit forecast as inflation weighs on costs
Business|Economy|Finance|Stock Markets|US

US mortgage rates tick up to 6.37%, MBA says

U.S. mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2 basis points to 6.37% for the

US mortgage rates tick up to 6.37%, MBA says
Business|Crime|Economy|Environment|Europe|Fashion and Beauty|Technology|World

French regulator says most e-commerce platform products it tested breach EU rules

France's consumer protection authority said on Wednesday that three‑quarters of the products it tested from major e‑commerce platforms last year

French regulator says most e-commerce platform products it tested breach EU rules
Business|Economy|Finance|Food|Technology

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand

Yum Brands beat Wall Street estimates for first-quarter same-store sales growth and profit on Wednesday, as the company's push to sell cheaper meal options

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand
Business|Economy|Finance|World

India economy resilient but faces rising risks from Mideast war, government report says

India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of

India economy resilient but faces rising risks from Mideast war, government report says
Business|Crime|Economy|Environment|Health|World

Women paid the highest price in Jakarta train tragedy

When Harum Anjarsari's husband finally got through to her phone, he did not hear her, but instead, rescue workers who said they pulled the device from

Women paid the highest price in Jakarta train tragedy
Business|Economy|Europe|Finance|World

German inflation accelerates to 2.9% in April as energy costs soar

German inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core inflation

German inflation accelerates to 2.9% in April as energy costs soar