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The Latest Breaking News on Business

AI Investors Are Showing Fatigue, And That’s Bad News For Everyone

AI investors are reportedly feeling “fatigued” at throwing so much money at the technology. And, that should be terrifying for all of us.

The Mary Sue

Why Is Spirit Airlines Shutting Down? Trump's $500 Million Rescue Deal Falls Apart as Carrier Runs Low in Cash: Report

Spirit Airlines is nearing shutdown after a $500 million government rescue deal failed, leaving it low on cash amid rising costs and competition.

International Business Times UK

Why Some Women Are Seeing Their Insurance Rates Spike

Insurance costs have been rising across the board, but many women are noticing sharper increases than expected. Whether it’s auto, health, or life insurance, the trend has sparked confusion and frustration. For some, the spike seems sudden, even without major lifestyle changes or claims. Others are seeing gradual increases that…

Budget and the Bees

From analysis to the latest developments in health,
read the most diverse news in one place.

Lilly's Double-Beat Widens the GLP-1 Gap—And a New Pill Could Make It Permanent

Eli Lilly's 2026 is off to a great start, with massive earnings and revenue beats and exciting updates about its latest GLP-1, Foundayo.

MarketBeat

The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.

In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.

Reason

Nissan Kills Its EV Plans In America, Pivots To Trucks

Nissan no longer plans to build electric vehicles at its Canton, Mississippi, factory. After announcing a $500 million investment into the facility in 2021, with plans to build two EVs there, the automaker is now shifting focus and will build several new trucks instead.

Motor1

Spirit Airlines Reportedly Preparing To Shut Down As Government Bailout Plan Falls Apart

Spirit Airlines is preparing to cease operations as a potential government bailout seems to be falling apart, according to a new report.

International Business Times

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John Deere Settled $99 Million Right-To-Repair Lawsuit, but Won’t Admit Any Wrongdoing

John Deere just offered $99 million and amendments to its repair policy to settle a right-to-repair lawsuit, but won't admit any wrongdoing, possibly due to a secondary ongoing lawsuit.

RideApart

Explained: The rules around package holiday surcharges – and which operators won’t be adding them

EU rules limit how much prices can increase by, and for what reasons. Here’s what you need to know.

Euronews

How To Plan For Retirement If Your House Isn’t Paid Off

Low mortgage rates, longer retirements and rising home values could be changing the payoff debate. Here’s how future retirees can weigh cash flow and risk.

GOBankingRates

'Out of Touch' Starbucks CEO Tells Struggling Consumers to View $9 Lattes as an Affordable Luxury for the 'Experience'

Starbucks CEO Brian Niccol has sparked a viral backlash after framing nine-dollar lattes as a 'splurge' experience during a high-stakes 2026 earnings call.

International Business Times UK

Sherwin-Williams: The Boring Beauty Play on Housing Recovery

Sherwin-Williams stock dips after earnings, but its long-term outlook as a housing recovery play and dividend compounder remains intact

MarketBeat

Apple's Record Quarter Decoded — China Surges 28%, iPhone 17 Demand Soars, Services Reach New High

Apple's fiscal Q2 saw record revenue driven by iPhone 17 demand and a 28 per cent sales surge in China, despite supply constraints. Tim Cook announces departure, with John Ternus as successor.

International Business Times UK

Apple results: iPhone sales suffer because it can’t make enough as new CEO prepares to take over

Trouble getting enough chips could cause further problems, outgoing boss Tim Cook warns

The Independent UK

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The Guardian - US

Tim Cook takes victory lap as Apple’s financial results soar past Wall Street expectations

Company details $111.2bn in revenue in first earnings report after announcement of Cook’s pending departure

The Texas Tribune

High gas prices eating into Texans’ budgets, fueling inflation

The average price for a gallon of gas in Texas has risen from $2.55 in early February to $3.78 at the end of April.

Reason

China Blocks Tech Acquisitions To Weaken America. The U.S. Shouldn't Follow Suit.

China ordered Meta to roll back its acquisition of AI startup Manus on Monday.

The Independent UK

US national debt is now bigger than the economy for first time since World War II

Lawmakers urged to ‘stop the bleeding’ and put the country on a more sustainable fiscal path

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The Independent UK

EU-Mercosur trade deal takes provisional effect, boosting hopes and concerns for millions

The long-awaited trade deal between the South American bloc Mercosur and the European Union is finally on, at least provisionally

Barchart

GLP-1 Sales Continue to Lift Eli Lilly. Does That Make LLY Stock a Buy?

Eli Lilly stock rallies as GLP-1 sales drive a 56% year-on-year increase in Q1 revenue. Jim Cramer recommends buying LLY shares as the weight-loss addressable market is truly huge.

InsideEVs

Rivian Boosts Initial Georgia Plant Capacity To 300,000 Units

The EV startup said production at its new factory is still on track to begin in 2028. Rivian will build vehicles on its midsized platform there.

Tom’s Hardware

Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is 'garbage'

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year's record $410 billion.

The Independent UK

Apple beats out earnings estimates with continued iPhone momentum

Apple has posted strong quarterly earnings, beating out Wall Street expectations

Tom’s Hardware

Exploding number of AI data center build-outs delay Texas housing projects — data centers' high demand for electricians prices out contractors, homes now take two months longer to complete

Housing construction projects in Texas are facing delays of up to two months as contractors are having a harder time finding and keeping electricians. Data center projects are pricing out housing projects from the labor force as they offer 75% higher salaries and more benefits.

Barchart

Do Wall Street Analysts Like Kraft Heinz Stock?

Kraft Heinz has notably underperformed the broader market over the past year, and Wall Street analysts maintain a cautious outlook about the stock’s prospects.

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Luiz Inácio Lula da Silva

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