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Today: June 03, 2026
Today: June 03, 2026

ABIN

Economy|Political|World

World Bank document shows 27 countries seeking to ensure access to crisis funds

Twenty-seven countries have moved since the Iran war started to put in place crisis instruments that could quickly access funding from existing World

World Bank document shows 27 countries seeking to ensure access to crisis funds
Economy|Political|World

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health

Tulsi Gabbard has resigned as President Trump’s director of national intelligence, citing her husband's battle with cancer

The Latest: Tulsi Gabbard resigns as Trump’s national intelligence director, citing husband’s health
Asia|Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The split between Wall Street and most U.S. households keeps growing wider

Wall Street keeps rising, even as U.S. households keep getting more discouraged
Business|Economy|World

Angst over rising cost of living pushes US consumer sentiment to record low

U.S. consumer sentiment fell to a record low in May as surging gasoline prices linked to the Iran war intensified affordability concerns, highlighting

Angst over rising cost of living pushes US consumer sentiment to record low
Economy|Europe|MidEast|Political|World

France readies UN resolution on Hormuz as vote on US text stalls

France has drafted a U.N.

France readies UN resolution on Hormuz as vote on US text stalls
Business|Economy|Finance|Stock Markets|World

Dow hits first intraday record high since February

The Dow Jones Industrial Average hit an intraday record high on Friday, its first since the U.S.-Iran war began, as AI-driven trade and market optimism over negotiations to end the

Dow hits first intraday record high since February
Economy|MidEast|Political|World

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source

A Qatari negotiating team arrived in Tehran on Friday in coordination with United States to try to help secure a deal to end the war with Iran and resolve outstanding issues, a

Qatari negotiating team in Tehran to try to help secure US-Iran deal to end war, says source
Economy|Europe|Political|World

EU in stagflationary trend, must not risk fiscal crisis, ministers say

Europe's economy is in a stagflationary trend due to the surge in energy prices caused by the Iran war, but governments must be

EU in stagflationary trend, must not risk fiscal crisis, ministers say
Economy|Europe|Finance|World

Pound softens as UK consumers cut spending, public finances worsen

The pound edged lower on Friday as uncertainty over the status of peace talks between the U.S. and Iran prompted investors to buy the dollar and after UK

Pound softens as UK consumers cut spending, public finances worsen
Business|Economy|Finance|World

When does this end?

World markets remain at the mercy of diplomacy as the Iran war approaches the end of its third month with no clear resolution in sight.

When does this end?
Business|Economy|Finance|World

UK retail sales drop by most in nearly a year as drivers buy less fuel

British retail sales fell by the most in nearly a year in April as fuel sales plummeted, according to official figures published on Friday that added to

UK retail sales drop by most in nearly a year as drivers buy less fuel
Business|Economy|Finance|Political|World

UK borrowing jumps as Reeves faces up to Iran war challenge

Britain's public finances showed the biggest shortfall since the COVID-19 pandemic in April in what could be an early taste of the budget hit facing

UK borrowing jumps as Reeves faces up to Iran war challenge
Business|Economy|Europe|Technology|World

Europe's AI stocks shine through gloom of Iran war

A strong rally in tech stocks has largely gone under the radar against a darkening backdrop for European equity markets as the energy shock triggered by

Europe's AI stocks shine through gloom of Iran war
MidEast|Political|US|World

US House Republicans cancel Iran war powers vote

Republican leaders of the U.S.

US House Republicans cancel Iran war powers vote
Business|Economy|Finance|World

Britons hold their nerve but turn warier about big spending plans, GfK says

British consumers have turned a little less downbeat this month but are the least willing to make big purchases in almost a year and a half, underscoring the fragile mood

Britons hold their nerve but turn warier about big spending plans, GfK says
Business|Economy|Finance|World

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the housing market’s busiest time of the year

Average US long-term mortgage rate climbs to 6.51%, highest level in nearly nine months
Business|Economy|Environment|Political|World

Oil prices close 2% lower on uncertain prospects for US-Iran deal

Oil prices were volatile on Thursday, ultimately settling about 2% lower as uncertainty over prospects for resolving the U.S.-Israeli

Oil prices close 2% lower on uncertain prospects for US-Iran deal
Business|Economy|Environment|World

Fishing boats worldwide stuck dockside as diesel prices surge on Iran war

Captain Chris Welch of Kennebunk, Maine, is catching

Fishing boats worldwide stuck dockside as diesel prices surge on Iran war
Business|Economy|Europe|Finance|World

Britain looks to boost tourist spots with temporary summer tax cut

British finance minister Rachel Reeves on Thursday announced a temporary cut in value-added tax for tourist venues over the summer to reduce

Britain looks to boost tourist spots with temporary summer tax cut
Business|Economy|World

US labor market shows resilience in face of war; housing still subdued

The number of Americans filing claims for unemployment benefits fell last week, pointing to labor market resilience and giving the Federal Reserve room

US labor market shows resilience in face of war; housing still subdued
Business|Economy|Environment|Finance|Stock Markets|World

Oil market could hit 'red zone' in July-August, IEA chief says

The start of peak summer fuel demand combined with the lack of new oil exports from the Middle

Oil market could hit 'red zone' in July-August, IEA chief says
Economy|Europe|Finance|World

Iran war drags European economy down, pushes prices up

The energy shock from the Iran war is seeping ever deeper into the European economy, presenting policy-makers with a dilemma as it

Iran war drags European economy down, pushes prices up
Business|Economy|Environment|Health|Science|Technology|Travel|World

Americans brace for pricey summer travel with fuel costs near multi-year highs

Soaring gasoline prices and a looming fuel crunch from the Iran war are not stopping American travelers from taking to the road as the U.S. summer driving

Americans brace for pricey summer travel with fuel costs near multi-year highs
Business|Economy|Environment|World

Vitol moves to open Mexico fuel terminal years after bribery scandal, document shows

Vitol, one of the world's biggest commodities traders, has held talks with service providers and is seeking permits to operate

Vitol moves to open Mexico fuel terminal years after bribery scandal, document shows
Business|Economy|World

UK firms report slide in activity due to Iran war and political turmoil

British companies are suffering their most widespread drop in activity in over a year due to the economic fallout from the Iran war and political

UK firms report slide in activity due to Iran war and political turmoil
Business|Economy|Europe|Finance|World

German private sector contracts for second month running, PMI shows

Germany's private sector activity contracted for a second consecutive month in May as the Iran war put the brakes on the country's economic recovery,

German private sector contracts for second month running, PMI shows
Arts|Business|Economy|Finance|MidEast|Stock Markets|US|World

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook

A wave of retail-driven trading dynamics is reshaping how markets respond to U.S.

From TACO to FOMO: How retail traders turned Trump-driven volatility into a playbook
Arts|Economy|Entertainment|Lifestyle|Political|Travel|World

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign

Iran war injects fresh urgency into Modi’s ‘Wed in India’ campaign
Asia|Business|Economy|Finance|Stock Markets|World

Dollar dips on hopes for Iran deal, yen near danger zone

The U.S. dollar retreated from a six-week high on Wednesday on rising hopes that the U.S. is nearing a deal with Iran to end the war in the Middle East.

Dollar dips on hopes for Iran deal, yen near danger zone
Business|Economy|Finance

Bank of England has time to gauge impact of Iran war, Bailey says

A rise in market interest rates since the start of the Iran war has given the Bank of England more time to assess the economic impact

Bank of England has time to gauge impact of Iran war, Bailey says
Business|Economy|Finance|Stock Markets

Discount retailer TJX raises annual forecasts as US shoppers hunt for value

TJX Cos raised its annual comparable sales and profit forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious consumers increasingly

Discount retailer TJX raises annual forecasts as US shoppers hunt for value
Business|Economy|Election|Finance|Political|US|World

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda

A small but growing group of Republican lawmakers is showing independence from President Donald Trump

The GOP's YOLO caucus is small but growing. That may spell trouble for Trump's congressional agenda
Business|Economy|Finance|World

US mortgage rates rise to 6.56%, MBA says

The rate on the most popular U.S. home loan rose last week to its highest in seven weeks, as concerns about inflation from higher oil prices and an uncertain outlook for the Iran

US mortgage rates rise to 6.56%, MBA says
Europe|MidEast|Political|World

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says

Turkey said on Wednesday that Germany would send it a Patriot missile defence system for a six-month deployment from June to replace a system deployed as part of NATO

Germany will deploy Patriot air defence system to southeast Turkey, Ankara says
Business|Economy|Finance|Science|Stock Markets|Technology|World

As stocks slump, cue Nvidia

(Corrects paragraph 10 to say BoE kept interest rates on hold at its last meeting) A look at the day ahead in European and global markets from Kevin Buckland As if markets haven't been volatile enough

As stocks slump, cue Nvidia
Business|Economy|Finance|World

UK inflation dips in only temporary relief from Iran war impact

British inflation cooled by more than expected in April but the slowdown did little to mask a tough outlook for households, with global costs

UK inflation dips in only temporary relief from Iran war impact
Business|Economy|Environment|Europe|Technology

Europe EV sales leap as Iran war pushes up petrol pump prices

Demand for electric vehicles in Europe has surged as high fuel prices linked to the Iran war propel sales of

Europe EV sales leap as Iran war pushes up petrol pump prices
Business|Economy|Finance|Stock Markets|World

US stocks fall further from their records after bond markets crank up the pressure

The U.S. stock market gave back more of its record-setting rally

US stocks fall further from their records after bond markets crank up the pressure
Business|Economy|Finance|Stock Markets|World

The market powerful enough to sway stocks and Trump is rumbling again

The bond market is making noise again

The market powerful enough to sway stocks and Trump is rumbling again
Business|Economy|World

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage

Auto industry braces for motor oil shortage
Australia|Business|Economy|Finance|World

Australia consumer sentiment edges up in May but remains gloomy

Australia's consumer sentiment rose in May as the oil shock triggered by the Iran war showed signs of easing slightly, but uncertainty over energy supplies and the third

Australia consumer sentiment edges up in May but remains gloomy
Business|Economy|World

Bank of England's Greene says central banks can't assume Iran war impact will be temporary

Bank of England interest rate-setter Megan Greene said central banks should

Bank of England's Greene says central banks can't assume Iran war impact will be temporary
Business|Economy|Finance|Stock Markets|US|World

US home builder sentiment ticks up in May but broad pessimism remains prevalent

U.S. home builder sentiment unexpectedly improved in May, but construction firm attitudes about the housing market remain subdued as the war in Iran stokes inflation pressures that

US home builder sentiment ticks up in May but broad pessimism remains prevalent
Europe|MidEast|Opinion|Political|World

Why the Iran war is breaking the US-European strategic alliance

European leaders are learning they cannot rely on Washington, and that the US will act against their interests and at their economic expense.

Why the Iran war is breaking the US-European strategic alliance
Americas|Political|Technology|US|World

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture

US aircraft carrier returns home after record deployment that included Iran war, Maduro capture
Economy|Europe|Political|World

Putin to visit Chinese leader Xi Jinping days after Trump's trip to Beijing

Russian President Vladimir Putin will meet with Chinese leader Xi Jinping on a two-day trip to Beijing next week, the Kremlin says

Putin to visit Chinese leader Xi Jinping days after Trump's trip to Beijing
Business|Economy|Finance|Stock Markets|Technology|World

Stock markets worldwide drop from records as worries about oil prices rattle the bond market

The U.S. stock market fell from its records and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market

Stock markets worldwide drop from records as worries about oil prices rattle the bond market
Europe|MidEast|Political|US|World

Pentagon halts deployments to Poland and Germany to cut troop numbers in Europe, AP sources say

The Pentagon is drawing down thousands of troops in Europe by stopping units from deploying to Poland and Germany as opposed to yanking those already stationed there

Pentagon halts deployments to Poland and Germany to cut troop numbers in Europe, AP sources say
Political|World

Israeli forces set up a camp in the Iraqi desert during Iran war, officials say

Israeli forces set up a temporary post in the Iraqi desert during the U.S.-Israeli war with Iran, according to officials

Israeli forces set up a camp in the Iraqi desert during Iran war, officials say
Business|Crime|Economy|World

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours

Somali piracy on the rise as Iran war forces ships into high-risk detours
Business|Economy|Environment|Political|US|World

Trump says he is losing patience with Iran after talks with China's Xi

U.S.

Trump says he is losing patience with Iran after talks with China's Xi
Business|Economy|Finance|Stock Markets|World

Cisco leads Wall Street to more records and the Dow back to 50,000

The U.S. stock market rose to more records after Cisco Systems joined the parade of companies reporting fatter profits for the start of 2026 than analysts expected

Cisco leads Wall Street to more records and the Dow back to 50,000
Business|Economy|Europe|Finance|World

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure

Bank of England Chief Economist Huw Pill said on Thursday a "prompt but modest" increase in interest rates would help to head off the risk of inflation pressure caused by

BoE's Pill calls for 'prompt but modest' rate hike to quell inflation pressure
Business|Economy|Finance|Stock Markets|US

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials

Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture

Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
Business|Economy|Environment|Finance|Lifestyle|Stock Markets

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon

Uber driver rejects more trips as gas tops $4 per gallon
Business|Economy|Political|World

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast
Business|Economy|World

White House scrambles for gas-price relief as Iran war drags on

Trump administration officials are scrambling to contain the economic and political fallout of the war with Iran, three people

White House scrambles for gas-price relief as Iran war drags on
Business|Economy|Environment|Political|World

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk

Iran’s foreign minister urged BRICS nations on Thursday to condemn what he called violations of international law by the United States

Iran urges BRICS nations to condemn war, Indian-flagged vessel sunk
Business|Economy|Finance|Stock Markets|World

AI rally powers on, Trump-Xi summit takes centre stage

A look at the day ahead in European and global markets from Ankur Banerjee The record-setting AI-led rally appears to be chugging along just fine as investors shrug off the prospect of interest rates

AI rally powers on, Trump-Xi summit takes centre stage
Asia|Business|Economy|Environment|Finance|Political|World

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity

BRICS foreign ministers have started a two-day meeting in New Delhi

BRICS foreign ministers meet in India as Iran war, oil prices and divisions test the bloc's unity
Political|World

UAE denies Netanyahu secretly visited the country during the Iran war

Israeli Prime Minister Benjamin Netanyahu’s office says he quietly visited the United Arab Emirates during the Iran war

UAE denies Netanyahu secretly visited the country during the Iran war
Business|Economy|Travel|World

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market

Air India's thousands of flight cuts due to the Iran war and Pakistan's airspace ban have become a boon for foreign carriers, with Lufthansa Group

As Iran war jolts Air India, Lufthansa and Cathay pounce on fast-growing market
Business|Economy|Europe|World

Gloom in UK housing market shows no sign of lifting, RICS survey shows

Buyers in Britain's housing market stayed downbeat last month as the economic fallout from the Iran war and rising mortgage rates weighed on sentiment, a survey from the Royal

Gloom in UK housing market shows no sign of lifting, RICS survey shows
Business|Economy|Finance|World

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting

Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Business|Economy|World

Iran, Ukraine wars deliver worst hit in years to oil refining output

Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months,

Iran, Ukraine wars deliver worst hit in years to oil refining output
Business|Economy|World

Fed is 'dead serious' about getting inflation down, Kashkari says

Minneapolis Federal Reserve President Neel Kashkari said on Wednesday that the U.S. labor market looks "a bit better" than it did earlier this year, while the Iran war has worsened

Fed is 'dead serious' about getting inflation down, Kashkari says
Business|Economy|Finance|Stock Markets|US|World

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers

U.S. wholesale inflation came in hot last month

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers
Business|Economy|Environment|World

US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

US grocery prices rose in April, but gas spikes weren't the only reason
Business|Economy|Environment|Political|World

How has the Iran war affected Middle East states?

LONDON, May 13 - The war that began on February 28 with a massive Israeli-U.S. bombing campaign against Iran has rocked the entire Middle East, wreaking damage to infrastructure and economies and

How has the Iran war affected Middle East states?
Business|Crime|Economy|Europe|Finance|Political|World

Iran war brings Turkey-PKK peace process to near standstill

Just two weeks after Turkey's parliament made recommendations on how to advance the country's peace process with Kurdish

Iran war brings Turkey-PKK peace process to near standstill
Arts

Swiss considering rival air defences after Washington delays Patriots over Iran war

Switzerland said on Wednesday it will look into whether to buy air-defence systems from other suppliers, after the United States informed it that long-delayed Patriot

Swiss considering rival air defences after Washington delays Patriots over Iran war
Business|Economy|Finance|World

India races to shield economy from Iran war-driven oil shock, capital stress

A sustained spike in energy prices triggered by the Iran war has clouded India's macroeconomic outlook, spurring crisis-era measures from

India races to shield economy from Iran war-driven oil shock, capital stress
Business|Crime|Economy|Education|Environment|Political|World

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming

Israel has escalated its attacks in Gaza in the five weeks since halting its joint bombing with the

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Business|Economy|Finance|Stock Markets|World

Japanese investors sell foreign stocks in April as energy costs rise

Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader

Japanese investors sell foreign stocks in April as energy costs rise