UK Economy Contracts as Iran War Impact Weighs on Activity
UK GDP contracted by 0.1% in April as the Iran war affected costs and turnover for UK firms, marking the first monthly decline since August.
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SpaceX IPO Clears Record, Surges on First Trading Day Near $2 Trillion Valuation
SpaceX’s IPO surged 19% on its first day, valued the company above $2 trillion, and marked the biggest IPO in history as it raised...
Gas-X Recall Expanded: FDA-Linked Cooling Fluid Contamination Reaches Four Lots
Haleon expands Gas-X recall after a machine coolant leak during packaging potentially contaminated four lots of Gas-X Extra Strength Softgels.
Trump Says ‘I Love The Inflation’ As U.S. Prices Rise At Fastest Pace In Three Years
U.S. prices rose 4.2% in May, the fastest pace in three years, driven by energy costs amid regional tensions.
DOJ Approves Paramount-WBD Merger, But State AGs Could Still Block Deal
The DOJ’s clearance marks a major federal milestone for Paramount Skydance’s $110 billion merger with Warner Bros.
Kidisle Coffee Makers Recalled Over Burn Hazard Affecting 17,600 Units
More than 17,600 Kidisle coffee makers have been recalled due to a burn hazard, with 107 incident reports and 27 injuries cited by the CPSC.
Kia Recalls Over 6,000 Telluride SUVs for Seat Belt Defect That Could Increase Injury Risk
Kia is recalling more than 6,000 Telluride SUVs due to a seat belt malfunction that could increase injury risk in a crash.
AI Remains Top Reason for US Job Cuts for Third Straight Month in May
May payroll reductions totaled 97,006, with AI cited as the leading reason for job cuts for the third consecutive month, accounting for 40% of...
Rivian CEO Takes Different Approach to Humanoid Robots Versus Elon Musk
Rivian CEO RJ Scaringe is pursuing an independent Mind Robotics while Rivian remains a major investor and customer, signaling a distinct approach to humanoid...
Americans Grow More Pessimistic About Finances as Rent and Food Costs Rise, Fed Says
The New York Fed’s May survey reveals rising consumer pessimism, with 13.3% of households feeling worse off and expectations of higher costs in food...
World Cup Economics: How 2026 Redefined Ticketing, Revenue and Global Football Finance
The 2026 World Cup is redefining football economics with dynamic pricing, asset-light hosting, and a global revenue surge.
United CEO Scott Kirby Dismisses Further Airline Consolidation After American Rejection
United Airlines CEO Scott Kirby said he does not expect further U.S.