Bloomberg

A high probability of a "Super El Niño" heading into 2027 may drive up temperatures in some parts of the world, sending power demand surging, hurting crop yields and reigniting inflationary pressures

Forecasters expect the personal consumption expenditures price index, due Thursday, to show acceleration on both a monthly and year-over-year basis in May

Once among Trump's closest allies in Europe, Italy's Giorgia Meloni has publicly accused him of lying, appeasing adversaries and turning against friends

Over the last four weeks alone, ten borrowers have launched more than $3.5 billion of leveraged loans and junk bonds to fund distributions for their owners

Iran has been the early winner from the easing of tensions with the US following the signing of an interim peace deal and has wasted no time in resuming oil exports

Iran postponed negotiations that were meant to begin in Switzerland on Friday because of the ongoing fighting

As countries consider stricter controls on social media use by minors, India's experience suggests restrictions may shift users between platforms rather than reduce screen time

Desh Vibhor, operated by Shipping Corp of India, briefly reversed course before resuming its journey toward the Strait of Hormuz as shipping movements remain under watch amid West Asia tensions

Trump said Anthropic had 'behaved very responsibly' after the Commerce Department's order requiring approval before foreign nationals could access its most advanced AI models

Jumper played a key role in Google's AI coding efforts, and his exit adds to the company's challenges in competing with Anthropic, OpenAI and Elon Musk's SpaceX in the AI race

Record-high World Cup ticket prices have failed to deter fans, with resale values rising and stadiums filling despite early criticism

Trump claimed Giorgia Meloni "begged" for a photo at the G7 summit, prompting the Italian premier to dismiss the remarks as "fully made up"

ASML is scrambling to rebut US concerns that its advanced EUV chipmaking technology may have reached China despite export curbs

Data from Vortexa shows most cargoes are destined for Asia, with several tankers already indicating routes toward China and regional transshipment hubs in Southeast Asia

State refiners have already secured sufficient crude for the next two months and are evaluating long-term supply commitments from West Asian producers

The US-Iran memorandum guarantees free passage for commercial vessels for 60 days, but leaves future administration of the strategic waterway to negotiations involving Iran, Oman and other Gulf states

Energy executives across the Gulf are working to restore oil production and shipping after the US-Iran interim peace deal reopened the world's most critical oil transit route

Expectations of cash withdrawal operations and a possible increase in banks' cash reserve ratio are seen limiting further gains in short-term bonds

The interim agreement ended the US blockade of the Strait of Hormuz and launched a 60-day negotiation period to resolve disputes over Iran's nuclear programme and regional security issues

Announcing the Midjourney Scanner, startup CEO David Holz said that no such device has ever been built until now, touting the new technology as superior to MRI in numerous ways