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The Latest Breaking News from International Business Times

Two Former Mexican Officials Facing Drug Conspiracy Charges Turn Themselves In To U.S.

Two former Mexican officials accused of taking bribes and conspiring with drug cartels have surrendered to U.S. authorities.

International Business Times

Is Punch the Monkey in Danger? Crypto Influencers Arrested in Japan After Storming Enclosure of Viral Japanese Macaque

Two US tourists in costume leapt into a Japanese zoo enclosure, terrifying a troop of macaques made famous online and prompting new security measures, although staff say the animals were not harmed.

International Business Times

Standard Chartered to Cut 7,000 Back-Office Jobs by 2030: First Major Bank to Put AI on the Layoff Schedule

Standard Chartered became the first major global bank on Tuesday to formally attach a specific headcount-reduction number and a deadline to AI deployment, announcing at its investor and analyst day in Hong Kong that it will eliminate more than 15 percent of its corporate function workforce by 2030.

International Business Times

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Japan, China Cut U.S. Treasury Holdings As Iran War Pressures Global Currencies

China's Treasury holdings fell to their lowest level since 2008, while Japan trimmed nearly $47 billion from its position amid mounting pressure on the yen.

International Business Times

Home Depot Reports Stronger Sales As Smaller Home Projects Offset Renovation Pullback

Home Depot reaffirmed its full-year guidance after reporting nearly 5% sales growth during a quarter marked by economic uncertainty, elevated mortgage rates and geopolitical tensions.

International Business Times

Rubio Builds Early Evangelical Edge Over Vance In 2028 GOP Shadow Primary: Report

Prominent evangelical leaders see Secretary of State Marco Rubio as holding an early advantage over Vice President JD Vance among conservative Christian voters, according to a new report.

International Business Times

xAI Reportedly Asked Employees For Their Tax Returns To Train a Model But Hasn't Paid Them Yet

xAI asked employees for their tax returns to train its model and promised to pay them for it, but months later that has not changed, according to a new report.

International Business Times

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Democratic Rep. Raskin Says Trump Seeks To Fund 'Private Militia' With $1.8 Billion Fund From IRS Settlement

Democratic Rep. Jamie Raskin said President Trump seeks to fund his own "private militia" with the $1.8 billion from a settlement with the IRS.

International Business Times

Iranian Demands To End War With U.S. And Israel Appear To Be Little Changed From Previous Ones

Iran's latest demands to end the war appear to be largely unchanged from previous ones as the stalemate in negotiations continue.

International Business Times

Democrats Significantly Less Likely To Trust AI Companies Than Republicans, Poll Shows

Democrats are less likely than Republicans to trust companies at the forefront of AI, according to a new poll.

International Business Times

AI Tools Are Making Cybercrime Easier For Amateur Fraudsters, Interpol Warns

Law enforcement agencies are expanding international operations as AI-driven fraud schemes become more sophisticated and profitable.

International Business Times

Rep. Thomas Massie To Face Primary Against Trump-Endorsed Challenger: 'I'm Going To Win'

GOP Rep. Thomas Massie is set to face a Trump-endorsed challenger in his Kentucky district on Tuesday.

International Business Times

Russia Conducts Three Days Of Nuclear Drills Involving Tens Of Thousands Of Troops

Russia has begun conducting three days of nuclear drills involving tens of thousands of troops and the launching of missiles.

International Business Times

Three Killed At San Diego Islamic Center Shooting; Two Suspects Dead

Three people were killed in a shooting at the Islamic Center of San Diego in the Clairemont area in southern California. Two suspects are dead.

International Business Times

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International Business Times

Gulf Leaders Reportedly Asked Trump To Hold Off On Attacks Against Iran For 'Two Or Three Days'

Gulf leaders asked President Donald Trump to hold off on renewing attacks against Iran for "two or three days" to give more time for negotiations, according to a new report.

International Business Times

A Ship with Donations from Mexico and Uruguay Reached Cuba: What Did it Bring?

A ship carrying humanitarian aid from Mexico and Uruguay docked in Havana on Monday, bringing food and hygiene products to Cuba as the island confronts a worsening economic and energy crisis tied to fuel shortages, aging infrastructure, and renewed U.S. pressure on countries that supply it with oil.

International Business Times

The Job Market Is Stable But Workers Say It Feels Frozen: Report

A new analysis looking at various aspects of the economy shows a labor market that looks stable on paper but feels punishing for many job seekers as unemployment remains relatively low.

International Business Times

Nine Linked Polymarket Accounts Have Racked Up Millions Betting On U.S. Military Action: Report

Several connected Polymarket accounts have come under scrutiny after wagering more than $2.4 million on U.S. military action.

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International Business Times

Trump Says He Was Going To Strike On Tuesday But Held Off As 'Serious Negotiations Are Taking Place'

President Donald Trump said on Monday he was set to approve renewed strikes against Iran on Tuesday but held off at the request of Gulf leaders and ongoing negotiations.

International Business Times

Most Americans Report Economic Anxiety, Loss Of Relative Income: Poll

More than three-quarters of Americans say their income is not keeping up with inflation, according to a CBS News poll. Much of the country has high levels of stress and anxiety about the economy.

International Business Times

Trump IRS Settlement Creates $1.776 Billion Fund for 'Weaponization' Claims

The Trump administration announced Monday the creation of a $1.776 billion Justice Department fund to compensate people who claim they were unfairly targeted by the Biden administration.

International Business Times

Federal Court Dismisses Elon Musk's Lawsuit Against OpenAI, Sam Altman As Jury Says He Took To Long To File Suit

A federal court on Monday dismissed the lawsuit Elon Musk filed against OpenAI and its leadership, saying he took too long to do so.

International Business Times

Cuba's Díaz-Canel Warns U.S. Threats Could Trigger 'A Bloodbath With Incalculable Consequences' After Drones Report

The Cuban president added that "Cuba poses no threat, nor does it have aggressive plans or intentions against any country"

International Business Times

President Claudia Sheinbaum Says Trump Has Not Told Her Directly That Drug Cartels Control Mexico

Last week, the two heads of state held what Sheinbaum described as a "cordial and excellent conversation" by phone, during which Mexico reaffirmed ongoing efforts to improve security and advance trade talks.

International Business Times

EU To Downgrade Growth Forecast Due To 'Stagflationary Shock' From Iran War

The European Union will cut its growth forecast as a result of the "stagflationary shock" from the Iran war, its economy commissioner said.

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