Business

Refresh Get notified of updates 2026-05-22T23:43:49.013Z Starship V3 Ship makes fiery splashdown in Indian Ocean as planned Image 1 of 4 (Image credit: SpaceX) (Image credit: SpaceX) (Image credit: SpaceX) (Image credit: SpaceX) SpaceX’s Starship V3 lands in Indian Ocean on 2 engines. It fell over and exploded as expected to massive cheers from SpaceX’s…

© iip-photo-archive / Flickr In a Fortune interview published May 18, 2026, President Trump said something he has spent a year refusing to say. Asked about the path of interest rates, he allowed that “you can’t really look at the figures until the war is over.” That is a meaningful sentence from a president who,…

Defaults in private credit have been reaching record highs, and fund redemptions have exceeded inflows in some of the sector’s riskiest segments. But the troubles in private equity could be just getting started as yields in bond markets around the world climb to the highest level in years, forcing loan refinancings at higher rates. The…

Turmoil in the bond market, fueled by the war with Iran, is sending US mortgage rates higher and threatening to make buying a home even more expensive. The average 30-year fixed-rate mortgage rose to 6.51% this week, reaching the highest level since August of last year, according to Freddie Mac. It was the sharpest weekly…

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on Jan. 20, 2025 in Washington, DC.  Chip Somodevilla | Via Reuters After SpaceX filed to go public in what may be a record breaking IPO, some are hypothesizing another major event on…

Stellantis plans to launch seven new Jeep, Ram, and Chrysler vehicles priced under $40,000, and two that will cost less than $30,000. More affordable Jeep, Ram vehicles launching by 2030 As part of its new FaSTLAne 2030 business plan, Stellantis will invest $69.5 billion (€60 billion) over the next five years to boost growth and…

The Federal Reserve just released the minutes from the most recent meeting of its interest rate-setting committee, and they were not good news for Kevin Warsh, who will be sworn in as the newest Fed Chair tomorrow. In fact, the minutes from the April 28-29 Federal Open Market Committee (FOMC) meeting indicate that Warsh, who…

In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images A slew of tech mega-IPOs are ahead and traders expect they’ll push Warren Buffett aside on…

But Zillow insists that Zillow Preview is “not at all the same” as MRED’s alleged scheme. In a statement to Ars, Zillow defended its pre-market listing product as “available for any buyer to see and aligned with our transparency standards.” “Private listings networks are just that—private, and only available to buyers working with a specific…

Google is about to look really different, and if you’re not a fan of the AI Overviews feature, then you’re not going to like what’s coming. At the Google I/O 2026 keynote this week, the company announced that it is overhauling Search to embrace a conversational, AI-driven approach, even inviting users to enlist AI agents…

‘They deserve everything they’re getting.’ (Boos.) May 21, 2026, 8:00 PM UTC ‘They deserve everything they’re getting.’ (Boos.) May 21, 2026, 8:00 PM UTC University graduates are booing and heckling corporate executives who praise AI during their commencement ceremonies, and the only people who seem to be genuinely surprised by this are the executives themselves….

 In TRIUMPH-1, participants on 12 mg retatrutide lost an average of 70.3 lbs (28.3%) over 80 weeks with 45.3% of participants achieving ≥30% weight loss, a level long associated with bariatric surgery Individuals with a baseline BMI ≥35 who participated in a study extension continued to lose weight, and achieved up to an average of…

In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Fatih Birol, executive director of the International Energy Agency (IEA), at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Tuesday, April 14, 2026. Bloomberg | Bloomberg | Getty Images Oil markets…

The jury’s ruling was directionally very bad for Musk, but plenty from his case against Altman and OpenAI will endure. Let’s break down the key takeaways from the courthouse in Oakland. Elon Musk, et al. v. Samuel Altman, et al., the recent civil trial about artificial intelligence, charitable giving, lying liars, and the frenemies we’ve…

Instead, the family is planning a road trip to the Smoky Mountains in Tennessee, a nine-hour drive from Chicago, and renting a cabin outside Gatlinburg. “We’ve never been, the kids are pumped about hiking and white-water stuff, and the whole trip is going to come in around $2,200-$2,500 (£1,630-£1,850) all in,” he said.

An Air France flight from Paris Charles de Gaulle to Detroit has reportedly been barred from entering U.S. airspace after officials became aware that a passenger may have been in an Ebola-affected country in recent weeks. Air France flight AF-378, which departed Paris at 4 pm on Wednesday, has been forced to divert to Montreal,…

Watch live! SpaceX launches Starship V3 megarocket for first time – YouTube Watch On Update for May 22, 10 am ET: SpaceX will make a second attempt to launch its new Starship V3 megarocket today at 6:30 p.m. EDT (2230 GMT) during a 90-minute launch window at its Starbase, Texas test site. You’ll be able…

The SpaceX Falcon 9 rocket and Crew Dragon sit on launch Pad 39A at NASA’s Kennedy Space Center as it is prepared for the first completely private mission to fly into orbit on September 15, 2021 in Cape Canaveral, Florida. Joe Raedle | Getty Images Retail investors are getting a shot at one of the…

JPMorgan Chase CEO Jamie Dimon cautioned Mayor Zohran Mamdani about his hard-left vision for the Big Apple, warning the millennial mayor that he can relentlessly preach morality and ideology — but if the city keeps struggling, he’s failing to do his job. “I don’t care what he says. What does he do? I will judge…

An Air France flight bound for Detroit was redirected to Canada after a passenger from Congo boarded “in error” amid the Ebola outbreak in central Africa, officials said Wednesday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A U.S. Customs and Border Protection spokesperson said the agency took…

8,000 staffers are reportedly affected, around 10 percent of the company. 8,000 staffers are reportedly affected, around 10 percent of the company. May 21, 2026, 9:20 AM UTC Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews. Meta has…

AMSTERDAM – Stellantis today unveils FaSTLAne 2030, its €60 billion, five-year strategic plan to accelerate growth and profit. At the morning session of Investor Day at the Company’s North America Headquarters in Auburn Hills, Michigan, Stellantis Leadership sets out the six core pillars of its strategy moving forward. These build on the Company’s priority to put…

17 hours agoIran missile production ‘crippled,’ regime scrambling with ‘makeshift’ arsenal: defense expert

Those prices are putting extra pressure on already-strained American consumers. “The high-income customer is spending with confidence into many categories, while the lower-income consumer is more budget-conscious and perhaps navigating financial distress,” Rainey said. Some consumers, he said, are changing their gasoline habits. “The number of gallons that customers fill up with when they come…

NEWYou can now listen to Fox News articles! A beer once synonymous with American households is officially reaching the end of the line, with the final batch of Schlitz set to roll out on May 23 after 177 years of brewing — and reactions online have ranged from sadness and derision to deep disappointment.  Founded…

Hong Kong/Seoul —  Samsung Electronics has become one of the leading beneficiaries of the global artificial intelligence boom. Surging demand for semiconductors has turned South Korea’s largest corporation into a $1 trillion company this year, propelling Seoul’s stock market to rank as the world’s sixth-largest. But one segment of the country is unhappy with the result:…

May 21, 2026 NIO Inc. Reports Unaudited First Quarter 2026 Financial Results Quarterly Total Revenues Reached RMB25,532.7 Million (US$3,701.5 Million)iQuarterly Vehicle Deliveries Were 83,465 Units SHANGHAI, China, May 21, 2026 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart…

MELBOURNE, Australia (AP) — An Australian judge fined X Corp. 650,000 Australian dollars ($465,000) on Thursday for failing to provide information to an online safety watchdog in 2023 about how it tackled child sexual exploitation content. Federal Court Justice Michael Wheelahan also ordered the Texas-based social media giant to pay AU$100,000 ($71,000) of eSafety Commissioner…

The rocket company says it’s ‘highly dependent’ on Musk’s leadership. And that his other companies are possible competitors. May 21, 2026, 3:42 AM UTC The rocket company says it’s ‘highly dependent’ on Musk’s leadership. And that his other companies are possible competitors. May 21, 2026, 3:42 AM UTC Andrew J. Hawkins is transportation editor with…

Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City. Spencer Platt | Getty Images The Dow Jones Industrial Average rose to a record close Thursday as oil prices and Treasury yields were volatile, with traders hoping for a resolution to the Middle East conflict….

Enterprise software giant Intuit is letting 17% of its staff go, or about 3,000 people, as it seeks to divert resources toward baking AI into its products, Reuters reported, citing an internal memo sent to employees. The memo by CEO Sasan Goodarzi said the layoffs are meant to reduce complexity by simplifying the company’s corporate…

A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances, the AI giant is ready to move forward with its initial public offering, sources told the Wall Street Journal. OpenAI chief executive Sam Altman reportedly hopes that his company will be ready to go public by September. The ChatGPT maker…