U.S. World Business Lifestyle
Today: April 29, 2026
Today: April 29, 2026

Economy

Business|Economy|Finance|Stock Markets|Technology|World

Robinhood shares fall as crypto slump dents trading volume growth

Robinhood's shares plunged 11% on Wednesday, as crypto-driven market volatility dampened its first-quarter trading volume growth, leading

Robinhood shares fall as crypto slump dents trading volume growth
Economy|Europe|MidEast|Political|World

Germany's Merz says relations with Trump are good despite spat over Iran

German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.

Germany's Merz says relations with Trump are good despite spat over Iran
Business|Economy|Finance|Stock Markets|Technology

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom

Apple investors will be keen on getting a closer look at John Ternus as CEO of the iPhone maker on Thursday, when it reports quarterly results that

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom
Business|Economy|Finance|Stock Markets|World

Blackstone's private credit fund sees investor demand cool in first quarter

April 29 - Blackstone's roughly $80-billion private credit fund BCRED faced weaker investor demand and rising redemption pressure in the first quarter as geopolitical volatility, concerns over AI and

Blackstone's private credit fund sees investor demand cool in first quarter
Business|Economy|Finance|World

Fed likely to hold rates steady at what may be last meeting of Powell era

The Federal Reserve is expected to hold interest rates steady on Wednesday as officials debate whether to flag risks of rising inflation in a

Fed likely to hold rates steady at what may be last meeting of Powell era
Business|Economy|Science|Technology

Inside SpaceX's IPO: Musk's most ambitious plan yet

In the days after the PayPal IPO in 2002, Elon Musk and company executives gathered at a Las Vegas casino to celebrate.

Inside SpaceX's IPO: Musk's most ambitious plan yet
Business|Economy|Finance|Stock Markets|Technology

Cognizant forecasts quarterly revenue below estimates on cautious IT spending

Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, signaling cautious client spending on its

Cognizant forecasts quarterly revenue below estimates on cautious IT spending
Asia|Business|Economy|Finance|World

China's Shenzhen further eases homebuying curbs

Shenzhen, one of China's four first-tier cities, further relaxed restrictions for buying homes in the city in a bid to spur demand. 

China's Shenzhen further eases homebuying curbs
Business|Economy|Finance|Stock Markets|Technology

Online marketplace Etsy beats revenue estimates on steady demand

Online marketplace Etsy beat Wall Street expectations for first-quarter revenue on Wednesday, helped by growth in gross merchandise sales as more active buyers

Online marketplace Etsy beats revenue estimates on steady demand
Business|Economy|Europe|Political|World

Greece says it agreed with Qatar to deepen trade, energy and defence ties

Greece said on Wednesday it had agreed with Qatar to bolster cooperation in areas including trade, energy and defence, extending a deal first struck in 2024.

Greece says it agreed with Qatar to deepen trade, energy and defence ties
Business|Economy|Finance|Political

Powell's tenure as Fed chief, bookended by Trump, draws to a close

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia

Powell's tenure as Fed chief, bookended by Trump, draws to a close
Business|Economy|Europe|Technology

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker

Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ($34.4 billion) that

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker
Business|Economy|Europe|Finance|Sports|Stock Markets

Adidas gets World Cup boost in 'very volatile' market

Adidas on Wednesday reported stronger than expected first-quarter operating profit and sales, helped by early demand for World Cup soccer products

Adidas gets World Cup boost in 'very volatile' market
Business|Economy|Finance|Stock Markets|US

Phillips 66 posts surprise profit on higher refining margins

Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped the company offset the impact of

Phillips 66 posts surprise profit on higher refining margins
Business|Economy|Finance|Stock Markets|US

General Dynamics beats quarterly estimates on marine, aerospace strength

General Dynamics on Wednesday beat Wall Street estimates for first-quarter profit and revenue, driven by continued strength in its marine and aerospace segments, sending the

General Dynamics beats quarterly estimates on marine, aerospace strength
Business|Economy|Political|World

Russia to remain in OPEC+, hopes UAE exit does not spell end of group

Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said on Wednesday, voicing hopes the alliance of oil producers would

Russia to remain in OPEC+, hopes UAE exit does not spell end of group
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says

EU regulators will seek feedback starting Thursday from interested parties to the first proposal to overhaul merger rules in more than two decades, which

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says
Business|Economy|MidEast|Political|World

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says

The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
Business|Economy|Finance|Stock Markets|Technology

SoFi's unchanged 2026 forecast eclipses record results, shares fall

SoFi Technologies' shares fell 12% in early trading on Wednesday after the company left its 2026 revenue forecast unchanged, overshadowing record first-quarter

SoFi's unchanged 2026 forecast eclipses record results, shares fall
Business|Economy|Finance|Health|Stock Markets|Technology

Garmin posts upbeat quarterly results as demand for premium wearables holds up

Garmin posted first-quarter revenue and profit above Street expectations on Wednesday, buoyed by strong demand for advanced fitness wearables and steady growth in its aviation and

Garmin posts upbeat quarterly results as demand for premium wearables holds up
Business|Economy|Finance|Health|Science|Technology|World

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline

AbbVie on Wednesday reported better-than-expected quarterly revenue and profit, fueled by demand for newer immunology drugs Skyrizi and

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline
Business|Economy|Finance|Stock Markets|Technology

Visa shares climb as profit beat, raised forecast ease Middle East jitters

Visa shares jumped 5% in premarket trading on Wednesday as the payments-processing company beat estimates for second-quarter profit and lifted expectations for

Visa shares climb as profit beat, raised forecast ease Middle East jitters
Business|Economy|Finance|World

Iran's rial currency hits record low as shaky ceasefire with US and Israel holds

Iran’s national rial currency has hit a record low of 1.8 to the dollar as a shaky ceasefire with the U.S. and Israel holds

Iran's rial currency hits record low as shaky ceasefire with US and Israel holds
Economy|Environment|Political|Technology|World

Another Russian oil facility burns after Zelenskyy touts Ukraine’s drone reach

Ukraine is claiming responsibility for a drone attack on a distant Russian oil facility

Another Russian oil facility burns after Zelenskyy touts Ukraine’s drone reach
Business|Economy|World

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East

The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East
Business|Economy|World

Spot crude premiums ease from record highs despite Hormuz closure

Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are

Spot crude premiums ease from record highs despite Hormuz closure
Business|Economy|Finance|World

Dollar gets safe-haven tailwind ahead of Fed decision 

The dollar rose on Wednesday as investors awaited a closely watched Federal Reserve rate decision - likely to be Chair Jerome

Dollar gets safe-haven tailwind ahead of Fed decision 
Business|Economy|Finance|Stock Markets|Technology|World

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation

GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
Business|Economy|World

Taiwan tops Beijing's agenda for Trump-Xi summit

For 23 million Taiwanese, the most consequential diplomatic meeting of 2026 may be one to which they are not invited.

Taiwan tops Beijing's agenda for Trump-Xi summit
Business|Economy|Environment|Political|World

Trump meets with oil executives as Iran stalemate drags on, Axios reports

U.S.

Trump meets with oil executives as Iran stalemate drags on, Axios reports
Business|Economy|Technology|World

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices

Taiwanese chipmaker UMC said on Wednesday that it continues to see resilient market demand despite headwinds from memory chip supply shortages and the impact of the Iran

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices
Business|Economy|Finance|Stock Markets|Technology|US

Hyperscaler results pose major test for AI-driven US stock market 

A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on Wednesday with quarterly reports

Hyperscaler results pose major test for AI-driven US stock market 
Business|Economy|Finance|Health|Stock Markets|US

Eli Lilly investors are eager for Foundayo insight after early launch data

Eli Lilly investors will be searching for something they won't find in any first-quarter financial figures reported on Thursday: insight into

Eli Lilly investors are eager for Foundayo insight after early launch data
Business|Economy|Europe|World

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions

The war in Ukraine has turned Sweden's defence industry into one of Europe's fastest-growing weapons hubs, a shift visible

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions
Asia|Business|Economy|Finance|Stock Markets|Technology|World

Stocks fall, oil rises, traders wait for tech earnings and Fed

European stocks fell on Wednesday but Wall Street futures were up, as markets struggled for direction ahead of earnings from major U.S. technology

Stocks fall, oil rises, traders wait for tech earnings and Fed
Economy|Finance|World

What the Fed has seen about the war's impact on the economy so far

Federal Reserve officials last met just over two weeks into the U.S.-led war on Iran and then had little data at their disposal beyond surging gasoline prices to

What the Fed has seen about the war's impact on the economy so far
Business|Economy|Science|Technology

Elon Musk to return to witness stand in trial over OpenAI's future

By Deepa Seetharaman and Max A.

Elon Musk to return to witness stand in trial over OpenAI's future
Business|Economy|Finance|Stock Markets|World

Brent hits one-month high on concerns over prolonged Hormuz disruption

Oil prices rose almost 4% on Wednesday, with the Brent contract hitting a one-month high, after a media report said that the U.S. will

Brent hits one-month high on concerns over prolonged Hormuz disruption
Business|Economy|Finance|World

Bank of Canada to hold rates, assess oil shock impact on inflation, growth

The Bank of Canada is expected to keep its benchmark interest rate at 2.25% on Wednesday and update its inflation and growth forecasts after the oil

Bank of Canada to hold rates, assess oil shock impact on inflation, growth
Business|Economy|Education|Environment|Political

Trump administration rejects women picked for soybean board, appoints men instead

The Trump administration rejected all four women farmers chosen by their peers to represent them in an industry group called the United Soybean Board

Trump administration rejects women picked for soybean board, appoints men instead
Economy|Political|US|World

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff
Business|Economy|Finance|US|World

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us
Africa|Business|Economy|Finance|Stock Markets|World

Kenya economic growth steady at 4.6% in 2025, data shows

Kenya's economy grew 4.6% last year, little changed from 2024's 4.7% growth and below a finance ministry estimate, official data showed on Wednesday.

Kenya economic growth steady at 4.6% in 2025, data shows
Economy|Environment|Political|World

Most Swiss back initiative to cap population at 10 million, poll shows

A slim majority of Swiss are backing an upcoming referendum proposal to limit Switzerland's population to 10 million, and support for it is growing, an opinion poll showed

Most Swiss back initiative to cap population at 10 million, poll shows
Business|Economy|Science|Technology|World

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

Demand for Huawei's Ascend 950 AI chips has surged following the release of DeepSeek's V4 artificial intelligence model that runs on the Shenzhen-based tech firm's chips,

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say
Business|Economy|Finance|World

UK housing minister says government is not looking at rent controls

Britain's housing minister Steve Reed said the government was not looking at rent controls, following a report that a one-year freeze on rent increases was being

UK housing minister says government is not looking at rent controls
Africa|Business|Economy|World

Kenya's economy grew 4.6% in 2025, stats office says

Kenya's economy grew 4.6% in 2025, compared with 4.7% growth a year earlier, the statistics office said on Wednesday.

Kenya's economy grew 4.6% in 2025, stats office says
Business|Economy|Finance|Stock Markets|World

European markets dip as investors eye earnings, Iran conflict continues to weigh

European shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.-Iran impasse also kept risk

European markets dip as investors eye earnings, Iran conflict continues to weigh
Economy|Political|Technology|World

China again touts benefits of union with Taiwan, Taipei rebuffs

Taiwan's economy would gain see unprecedented opportunities if it unites with China, Beijing said on Wednesday, stepping up a campaign to persuade Taipei to accept

China again touts benefits of union with Taiwan, Taipei rebuffs
Business|Economy|Political|US|World

KPMG to exit US federal audit business

Big Four firm KPMG is exiting its federal government audit business and will redeploy staff, a spokesperson said on Wednesday.

KPMG to exit US federal audit business
Business|Economy|Technology|World

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says

Goldman Sachs has removed access to Anthropic's Claude for its bankers in Hong Kong, a source with direct knowledge of the situation said, as banks step up scrutiny of

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says
Business|Economy|Finance|Technology

Cognizant to buy Astreya for about $600 million

Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center

Cognizant to buy Astreya for about $600 million
Business|Economy|Europe|Finance|World

Inflation up in three German states in April, pointing to national increase

Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase

Inflation up in three German states in April, pointing to national increase
Business|Economy|Europe|Finance|World

Mercedes profit tumbles in Q1 on China competition, tariff pressures

Mercedes-Benz reported a sharp drop in operating profit at the start of 2026, a year set to bring higher raw material costs and further

Mercedes profit tumbles in Q1 on China competition, tariff pressures
Business|Economy|Europe|World

Italy consumer and business confidence plunge in April

Morale among Italian consumers and businesses fell steeply in April, data showed on Wednesday, boding ill for the prospects of the euro zone's third largest economy, among

Italy consumer and business confidence plunge in April
Business|Economy|Finance|Stock Markets|World

Investors reload yen shorts in intervention test

Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc,

Investors reload yen shorts in intervention test
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone economic confidence plunges, price pressures soar

Euro zone economic sentiment plunged to a three-and-a-half-year low this month as the Iran war hit the services sector hard and inflation continued to

Euro zone economic confidence plunges, price pressures soar
Business|Economy|Environment|World

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive
Business|Economy|World

Chile's central bank holds benchmark rate, warns of risk from Middle East war

Chile's central bank on Tuesday held its benchmark interest rate at 4.5% in a unanimous decision, in line with expectations and marking its third consecutive decision to

Chile's central bank holds benchmark rate, warns of risk from Middle East war
Business|Economy|Finance|World

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit

British finance minister Rachel Reeves said on Tuesday the government needs to make targeted interventions to shield the economy from the impact of the U.S.-Israel war on Iran

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit
Business|Economy|Finance|Stock Markets|US

Bill Ackman's Pershing Square raises $5 billion for new US fund

Bill Ackman's Pershing Square has raised $5 billion for its new closed-end ‌fund that is part of a combined U.S. initial public offering of the alternative asset management

Bill Ackman's Pershing Square raises $5 billion for new US fund
Economy|Environment|Health|World

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court
Business|Economy|Health|Political|Science

US seeks new nominees for key preventive health panel

The U.S. Department of Health and Human Services, overseen by Secretary Robert F.

US seeks new nominees for key preventive health panel
Americas|Business|Economy|Finance|World

Brazilian regulator probes airlines LATAM, Gol over potential price alignment

Brazil's antitrust watchdog CADE opened an administrative proceeding to investigate possible price alignment between airlines LATAM and Gol in the domestic passenger

Brazilian regulator probes airlines LATAM, Gol over potential price alignment
Business|Economy|Finance|Stock Markets|World

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices

Vale, one of the world's largest iron ore producers, on Tuesday posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices
Business|Economy|Political|World

US, allies back Panama's sovereignty in joint statement

The United States, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and Tobago released a joint statement in support of Panama's sovereignty on Tuesday, saying recent actions

US, allies back Panama's sovereignty in joint statement
Business|Economy|World

Panama Canal sees spike in vessel traffic due to war in Middle East

The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East

Panama Canal sees spike in vessel traffic due to war in Middle East
Business|Economy|Finance|Stock Markets|World

NIESR slashes UK growth forecast as Iran war and inflation hit economy

Britain's economy faces a sharp slowdown this year and in 2027 due to the Iran war, and inflation will stay above the Bank of England's target until 2028,

NIESR slashes UK growth forecast as Iran war and inflation hit economy
Business|Economy|Travel|World

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays

Travel demand in China is expected to remain strong during the five‑day Labour Day holiday from May 1, with travellers

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays
Business|Economy|Science|Technology

Taiwan's TSMC exits Arm with $231 million share sale

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, has sold its remaining stake in Arm Holdings, according to a company filing

Taiwan's TSMC exits Arm with $231 million share sale
Business|Economy|Finance|World

Australia inflation jumps with worse to come, rate hike looms

Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for

Australia inflation jumps with worse to come, rate hike looms
Business|Economy|Finance|World

New Zealand central banker says Q1 core inflation was stable within target band

New Zealand's top central banker on Wednesday said that measures of core inflation in the first quarter had remained stable within its target band of 1% to 3%, adding

New Zealand central banker says Q1 core inflation was stable within target band
Business|Economy|Finance|World

China's factory activity set to expand at a slower clip in April: Reuters poll 

China's factory activity likely grew at a slower pace in April as rising cost pressures stemming from the Middle East conflict test Beijing's reliance on manufacturing to

China's factory activity set to expand at a slower clip in April: Reuters poll 
Business|Economy|Technology|World

Inside Ukraine's drive to defeat the dreaded Shahed drone

In a foggy field in northeast Ukraine, four soldiers stare at red and yellow dots on a screen in the back of a van, armed with interceptor

Inside Ukraine's drive to defeat the dreaded Shahed drone