The latest news

Federal Reserve Closes UBS and Credit Suisse Cases Following Historic Merger

Federal Reserve Closes UBS and Credit Suisse Cases Following Historic Merger

Washington, D.C., Friday, 15 May 2026.
On May 15, 2026, the Federal Reserve officially terminated enforcement actions against UBS, signaling the bank successfully met strict compliance requirements following its historic Credit Suisse takeover.

Starbucks Advances Turnaround Strategy by Cutting 300 Corporate Roles

Starbucks Advances Turnaround Strategy by Cutting 300 Corporate Roles

Horizon Kinetics First Quarter 2026 Net Income Surges to $72.5 Million on Strategic Gains

Horizon Kinetics First Quarter 2026 Net Income Surges to $72.5 Million on Strategic Gains

African Space Agency Courts Global Investors to Fund Emerging Aerospace Market

African Space Agency Courts Global Investors to Fund Emerging Aerospace Market

IRS Proposes Significant Penalty Reductions for Revealing Unreported Income in 2026

IRS Proposes Significant Penalty Reductions for Revealing Unreported Income in 2026

latest news in economy

Why the AI Stock Surge is Leaving Most Fund Managers Behind

Why the AI Stock Surge is Leaving Most Fund Managers Behind

New York, Friday, 15 May 2026.
As artificial intelligence megacaps dominate the market, just 28% of active fund managers are outperforming the S&P 500, highlighting the severe challenges facing diversified portfolios today.

Federal Reserve Governor Stephen Miran Resigns with a Warning on Inflation Strategy

Federal Reserve Governor Stephen Miran Resigns with a Warning on Inflation Strategy

Rising Inflation and Global Conflict Trigger a Steep Decline in US Markets

Rising Inflation and Global Conflict Trigger a Steep Decline in US Markets

Senate Confirms Kevin Warsh as Federal Reserve Chair Amid Policy Shift Expectations

Senate Confirms Kevin Warsh as Federal Reserve Chair Amid Policy Shift Expectations

India More Than Doubles Gold and Silver Import Taxes to Shield the Rupee

India More Than Doubles Gold and Silver Import Taxes to Shield the Rupee

latest news in companies

Mako Mining Doubles Revenue to $68.6 Million in First Quarter 2026

Mako Mining Doubles Revenue to $68.6 Million in First Quarter 2026

Vancouver, Friday, 15 May 2026.
Mako Mining doubled its first-quarter 2026 revenue to $68.6 million, driving a remarkable net income of $23.1 million. This record profitability highlights the company’s strong operational execution.

Atmos Energy Exceeds Second Quarter Profit Forecasts While Shares Unexpectedly Decline

Atmos Energy Exceeds Second Quarter Profit Forecasts While Shares Unexpectedly Decline

Arrive AI Details First Quarter 2026 Financials Amid Push for Commercial Delivery Network

Arrive AI Details First Quarter 2026 Financials Amid Push for Commercial Delivery Network

Breakthrough Pancreatic Cancer Therapy Sparks Clinic Rush After Doubling Survival Rates

Breakthrough Pancreatic Cancer Therapy Sparks Clinic Rush After Doubling Survival Rates

Air India Posts Record $2.8 Billion Loss as Middle East Conflict Forces Flight Cuts

Air India Posts Record $2.8 Billion Loss as Middle East Conflict Forces Flight Cuts

latest news in politics

Justice Department Accuses Yale Medical School of Defying Supreme Court Admissions Ban

Justice Department Accuses Yale Medical School of Defying Supreme Court Admissions Ban

New Haven, Friday, 15 May 2026.
Defying a 2023 Supreme Court ban, Yale Medical School allegedly favored Black and Hispanic applicants, offering them up to 29 times higher interview odds than equally qualified Asian candidates.

How Global Supply Disruptions Fueled an Unexpected Economic Boom in New Mexico

How Global Supply Disruptions Fueled an Unexpected Economic Boom in New Mexico

ICE Pushes Forward with Multibillion-Dollar Warehouse Detention Plan Despite Federal Probe

ICE Pushes Forward with Multibillion-Dollar Warehouse Detention Plan Despite Federal Probe

US Authorities Move to Dismiss Fraud Charges Against Gautam Adani After $10 Billion Pledge

US Authorities Move to Dismiss Fraud Charges Against Gautam Adani After $10 Billion Pledge

U.S. Freezes New Medicare Home Care Approvals to Combat Widespread Billing Fraud

U.S. Freezes New Medicare Home Care Approvals to Combat Widespread Billing Fraud

latest news in global

How China Dominated the Global Robotics Market by Trading Physical Perfection for AI Data

How China Dominated the Global Robotics Market by Trading Physical Perfection for AI Data

Beijing, Friday, 15 May 2026.
As of May 2026, Chinese humanoid robots control 90% of the global market, aggressively prioritizing massive real-world data collection over physical perfection to train future AI despite mobility struggles.

UK Supported Housing Thrives Amid a Weakening 2026 Property Market

UK Supported Housing Thrives Amid a Weakening 2026 Property Market

China to Buy American Oil as High-Stakes Beijing Summit Concludes

China to Buy American Oil as High-Stakes Beijing Summit Concludes

How Secret Dubai Cash Corridors Shield Iran From Global Sanctions

How Secret Dubai Cash Corridors Shield Iran From Global Sanctions

Iranian Strikes Wipe Out 17% of Qatar's Natural Gas Export Capacity

Iranian Strikes Wipe Out 17% of Qatar's Natural Gas Export Capacity

latest news in general

Violent $6.5 Million Digital Currency Heist Exposes Escalating Physical Threats to Investors

Violent $6.5 Million Digital Currency Heist Exposes Escalating Physical Threats to Investors

San Francisco, Tuesday, 12 May 2026.
Three men face federal charges after allegedly posing as delivery workers to orchestrate a violent kidnapping spree, stealing $6.5 million in digital assets at gunpoint from California investors.

Global Leaders to Explore the Multibillion-Dollar Economic Impact of K-Beauty at New York Summit

Global Leaders to Explore the Multibillion-Dollar Economic Impact of K-Beauty at New York Summit

Why the 'Golden Girls' Co-Living Model is Now an Economic Necessity for Retirees

Why the 'Golden Girls' Co-Living Model is Now an Economic Necessity for Retirees

Digital Influencers Diversify Assets by Investing in Physical Entertainment Venues

Digital Influencers Diversify Assets by Investing in Physical Entertainment Venues

Steve Kerr Secures Two-Year Extension to Remain the NBA's Highest-Paid Coach

Steve Kerr Secures Two-Year Extension to Remain the NBA's Highest-Paid Coach