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The Latest Breaking News from International Business Times

Trump Seeks $87.6 Billion Emergency Spending Package for Iran War & Ebola Outbreak

President Donald Trump's administration has asked Congress to approve an $87.6 billion emergency spending package, with the overwhelming majority of the money earmarked for military operations tied to the ongoing conflict with Iran.

International Business Times

Iran Reportedly Estimates It Could Get $40 Billion a Year From Management Of Hormuz Strait

Iran estimates it could make $40 billion a year from managing shipping through the Strait of Hormuz, according to a new report.

International Business Times

Jeffry Soliday On Why the Best Industrial Innovations Never Reach Decision Makers

Rising operational costs, aging equipment, and ongoing labor constraints have elevated the importance of day-to-day decision making. Within this context, Soliday believes that the ability to act on internal knowledge has become a defining factor in performance.

International Business Times

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Kraken Parent Payward Sues PowerTrade Over Alleged $7.2M Crypto Asset Misuse

Payward has launched legal proceedings seeking recovery of digital assets and trading gains it says were improperly taken from its institutional derivatives account.

International Business Times

US Denies Polestar Authorization To Sell Vehicles From 2027, Tightening Pressure On China-Linked EV Makers

The United States has denied Polestar authorization to sell vehicles in the country from model year 2027 onward, effectively preventing the Sweden-based electric vehicle maker from introducing new models into the US market.

International Business Times

U.S. GDP Grew Faster Than Expected in First Quarter, but Consumer Spending Nearly Stalled

The Commerce Department's Bureau of Economic Analysis (BEA) said gross domestic product (GDP) grew at an annualized rate of 2.1% during the January through March period, an upward revision.

International Business Times

Trump Labels UK's Potential Next PM Andy Burnham 'Extremely Liberal' as Labour Leadership Transition Takes Shape

President Donald Trump has weighed in for the first time on Britain's likely next prime minister, describing Labour leader-in-waiting Andy Burnham as "extremely liberal."

International Business Times

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Trump to Push Congress to Make E15 Gasoline Sales Permanent, Seeking Lower Fuel Costs

The Trump administration reportedly plans to ask Congress to permanently authorize year-round sales of E15 gasoline, an ethanol-blended fuel that supporters say could lower prices at the pump.

International Business Times

Investors Still Want To Interact With Humans Even As AI Gains Ground In The Financial World, HSBC Finds

Investors are increasingly incorporating artificial intelligence into their investment research, but most still rely on human financial advisers when it comes time to make final decisions, according to new global research examining how affluent investors manage their portfolios.

International Business Times

Wall Street Braces for Trading Frenzy as SpaceX Joins Russell 1000 in Historic Index Shakeup

Wall Street is preparing for one of the busiest trading sessions of the year as FTSE Russell completes its annual reconstitution of the Russell U.S. indexes.

International Business Times

Most Americans Do Not Want To Live Near Data Centers, Poll Shows

Most Americans do not want to live near data centers and are concerned that they are bad for the environment and will be a drain on local resources, according to a new poll.

International Business Times

From St Petersburg's Bohemian Art Scene to Tikimondo: How Wesley Wing Turned Creativity Into a Lifelong Craft

According to Wing, St. Petersburg in the late 1990s was experiencing a surge of creative energy. Long before the city gained its current reputation as an arts destination, filmmakers, musicians, performers, and visual artists were building a vibrant community around downtown neighborhoods and independent venues.

International Business Times

Reverend Dr. Robert Spicer On Why America Needs Reconciliation More Than Punishment

The American Psychological Association's Zero Tolerance Task Force found that zero-tolerance policies frequently rely on exclusionary measures such as suspension and expulsion, removing students from educational environments and raising serious concerns about developmental impact and effectiveness.

International Business Times

Evodrop's Luciano Novia, the Business Builder Turning Swiss Water Technology Into a Global Platform

Fitness and clinical health depend on consumer trust and the gap between marketing claims and measurable outcomes. Water sits at the intersection of both: a regulated category with high consumer skepticism, in which most products have been sold on assertions that are difficult to verify.

International Business Times

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International Business Times

Anthropic Accuses Alibaba Of Large-Scale Effort To Extract Claude AI Capabilities

Anthropic has accused Chinese technology giant Alibaba of conducting a large-scale campaign to extract capabilities from its Claude artificial intelligence models.

International Business Times

Trump Media's YALL ETF Launches: Inside the America First Investing Push

Steve Neamtz wants you to buy America, literally. As CEO of Yorkville America Equities, he's assembling a lineup of "America First" ETFs

International Business Times

Micron Market Cap Overtakes Meta As Demand For Chips Continues To Soar

The market capitalization of Micron briefly passed Meta's on Thursday as its stock continues to soar as a result of relentless demand for chips.

International Business Times

Iran Threatens Ships Seeking To Cross Hormuz Strait Without Its Approval: 'Dangerous'

The Iranian revolutionary guard threatened ships seeking to transit through the Strait of Hormuz without coordination with its officials.

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International Business Times

Core Inflation rises To 3.4 %, Highest Level In Three Years But In Line With Expectations

The Federal Reserve's preferred price gauge rose to its highest level since 2023, new figures showed.

International Business Times

Apple Raises Prices Of MacBooks And iPads By More Than 10% As Chip Costs Soar; Shares Drop

Apple is hiking prices on MacBooks and iPads by more than 10% days after CEO Tim Cook said chip costs were soaring.

International Business Times

Ukraine Hits Major Russian Gas Processing Plant As It Continues Strikes Against Energy Infrastructure

Ukraine struck a major natural gas processing plant as it continues its offensive against Russian energy infrastructure.

International Business Times

Iraq Reportedly Considering Leaving OPEC If Quotas Are Not Raised After Iran War

Iraq is considering leaving OPEC if production quotas are not raised, according to a new report.

International Business Times

The $70 Billion Shot in the Dark

The global market for drugs like Ozempic, Wegovy, Mounjaro, and Zepbound was worth roughly $70 billion in 2025 and is projected by JP Morgan to exceed $200 billion by 2030.

International Business Times

Chevron CFO Says 'It's Going To Take Time' For Gas Prices To Go Down Despite Oil Plunging

Chevron CFO Eimear Bonner said "it's going to take time" for gas prices to go down despite the plunge of oil, following criticism of President Donald Trump.

International Business Times

Marco Rubio Says U.S. Is Deploying Rescue Teams To Venezuela After Devastating Earthquakes

Secretary of State Marco Rubio said the U.S. will deploy rescue teams and aid to Venezuela after two earthquakes devastated the country.

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