AI is extending its reach on Wall Street as companies exhibit strong demand for the tech and reshape their workforces around it. Anthropic on Tuesday unveiled a new slate of agents aimed at handling financial services tasks like reviewing balance sheets and drafting pitch decks; market intelligence stocks subsequently fell. ...
Month: May 2026
White House downplays Hormuz flare-upsWhite House downplays Hormuz flare-ups
The US sought to downplay the Iran war’s economic impact and recent flare-ups in the Strait of Hormuz. The Pentagon on Tuesday insisted Washington’s ceasefire with Tehran was holding after the countries clashed in the waterway; US President Donald Trump characterized the attacks as a “skirmish.” Trump also sought to ...
Trump says ‘Project Freedom’ to be paused ‘for a short period of time’Trump says ‘Project Freedom’ to be paused ‘for a short period of time’
The operation guide ships through the Strait of Hormuz will be halted because progress has been made toward reaching a deal with Iran, the US president says. ...
Gamestop CEO’s unsolicited bid for eBay looks DOAGamestop CEO’s unsolicited bid for eBay looks DOA
eBay’s board will meet this week to review an unsolicited $56 billion bid from GameStop’s Ryan Cohen, according to people familiar with the matter. The billionaire didn’t help his case Monday, when he squandered what goodwill he had with the Street in a disastrous CNBC interview, playing to his base ...
‘I’m the IPO guy’: serial entrepreneur Marc Lore on his plan to take Wonder public‘I’m the IPO guy’: serial entrepreneur Marc Lore on his plan to take Wonder public
Marc Lore became a dealmaking legend by selling two e-commerce startups for top dollar. Diapers.com to Amazon and ecommerce startup Jet.com to Walmart. He says he’s done with that. “I’m the IPO guy now!” said Lore, who plans to take his $7 billion food-delivery startup, Wonder, public in 2028. “We’ll ...
China eyes soft power growth with major snooker winChina eyes soft power growth with major snooker win
A Chinese player won the World Snooker Championship for the second year in a row, a win for Beijing as it looks to consolidate its soft power on the global stage. Wu Yize became the tournament’s second-youngest winner in a competition traditionally dominated by Europeans. The victory confirms China’s growing ...
Aramco’s archival footage shows first ever Saudi oil shipmentAramco’s archival footage shows first ever Saudi oil shipment
Four score and seven years ago, Saudi Arabia’s founding father King Abdulaziz crossed the Dahna Desert in a convoy of 400 cars to reach the Gulf port of Ras Tanura, where a tanker called the DG Scofield was waiting. Aramco’s archival footage shows the monarch turning the valve himself, enabling ...
Qatar backs sustainable jet fuel project in EgyptQatar backs sustainable jet fuel project in Egypt
The risk of a shortage of aviation fuel due to the Strait of Hormuz blockade has made the search for alternative sources a critical issue for airlines. High fuel prices and pending scarcity means some carriers have canceled flights and at least one, Spirit Airlines in the US, has closed ...
Body as masterpiece: nipples, skeletons and tattoos dominate at record-breaking Met GalaBody as masterpiece: nipples, skeletons and tattoos dominate at record-breaking Met Gala
Opening of ‘the dressed body’ show inspires Beyoncé, Kardashians and Skepta, as others pay tribute to fashion moments in art history Met Gala 2026 red carpet: the best looks in pictures Two assets the modern 1% love to show off are their designer wardrobes … and their expensive bodies. The ...
Harriet Clark spent a lifetime visiting her mother, an ex-Weather Underground member, in prison: ‘The US has always used family separation to destabilize’Harriet Clark spent a lifetime visiting her mother, an ex-Weather Underground member, in prison: ‘The US has always used family separation to destabilize’
Clark was an infant when her mother was arrested. Her debut novel asks what it’s like for children who have only ever known a parent in prison In Harriet Clark’s debut novel, The Hill, a nun explains what it’s like for babies born in prison. “They don’t know that they ...