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The Latest Breaking News from International Business Times

Frederick Barnes On Understanding The Unending Possibilities of AI

A recent industry survey shows that while 76% of small businesses now report using AI, only 14% say it is fully integrated into their core operations.

International Business Times

UAE Approves Crypto Payments For Government Fees, Names Its First Licensed Platform

The United Arab Emirates has approved cryptocurrency payments for government fees, marking another step in the Gulf nation's effort to integrate digital assets into its financial system.

International Business Times

Iran War Has Cost Taxpayers At Least $29 Billion So Far, Pentagon Says

Jules W. Hurst III, the Pentagon's acting comptroller, said that the war in Iran has cost taxpayers at least $29 billion so far.

International Business Times

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Iranian Lawmaker Says Country Could Enrich Uranium To Weapons-Grade If Attacked Again

Iranian parliamentary spokesman Ebrahim Rezaei said the country could enrich uranium to weapons-grade level if attacked again.

International Business Times

Senate Confirms Kevin Warsh As Fed Governor, Another Step Toward Becoming Chair

The Senate on Tuesday confirmed Kevin Warsh as governor of the Fed, taking another step towards replacing Jerome Powell as chair of the central bank.

International Business Times

Texas Sues Netflix, Claims It Spies On People And Manipulates Users

Texas is suing Netflix, alleging that the digital streamer spied on its users without their knowledge or consent and manipulates its users.

International Business Times

First Tariff Refunds Reach U.S. Importers As Govt Begins Repayment Process

More than 330,000 importers are eligible for repayments of collected tariffs as federal systems begin distributing funds from the disputed trade program.

International Business Times

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Iran War Drives Up Business Costs As Economists Warn Of Pressure On Hiring, Investment

Nearly half of U.S. business economists report negative impacts from the Iran war as higher input costs and weaker profit outlooks begin to weigh on investment decisions.

International Business Times

EU Announces Plans To Ban Addictive Social Media Features, Impose Age Restrictions

The European Union (EU) is planning to crack down on social media with age restrictions and plans to ban addictive features in an effort to protect children from aspects of the platforms.

International Business Times

Secret Agent For China Who Became Mayor Of California Town Faces 10 Years In Prison

The mayor of a Los Angeles suburb has resigned and plans to plead guilty to charges that she was operating as an agent for the People's Republic of China.

International Business Times

Russian Cargo Likely Carrying Nuclear Submarine Reactors For North Korea Unexplainedly Sank Off Spain: Report

A Russian cargo likely carrying nuclear reactors for submarines for North Korea sank near Spain in unexplained circumstances, according to a new report.

International Business Times

U.S. Inflation Surges In April, With Energy Costs Accounting For 40% Of The Increase

Consumer prices in the U.S. increased again in April, with the latest inflation data showing continued upward pressure across housing, energy, transportation and services.

International Business Times

Byron Allen To Take Control Of BuzzFeed In $120 Million Deal, Becoming Company's Next CEO

Media entrepreneur Byron Allen is set to become the new chief executive of BuzzFeed after agreeing to acquire a controlling stake in the company through a $120 million deal.

International Business Times

Oil Rises As Hope For Iran Deal Continue To Fizzle

Oil rose again on Tuesday as hopes for a deal to end the war in Iran continue to fizzle.

International Business Times

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International Business Times

Former Top Ukrainian Official Formally a Suspect In Major Graft Probe

Former Ukrainian chief of staff Andrii Yermak formally named as a suspect in a large graft investigation.

International Business Times

eBay Rejects GameStop's $56 Billion Acquisition Proposal, Calls It 'Neither Credible Not Attractive'

eBay rejected on Tuesday a $56 billion acquisition offer from GameStop, saying it is "neither credible nor attractive."

International Business Times

GOP Rep. Slammed For Not Pushing Back Against Claim That Hakeem Jeffries Should Get His 'Cotton-Picking Hands Off Of Virginia'

Democratic lawmakers are calling for GOP Rep. Jen Kiggans to resign after she did not push back against a claim that House Minority Leader Hakeem Jeffries should get his "cotton-picking hands off of Virginia."

International Business Times

Trump Won't Allow Cuba To 'Deteriorate Into An Even More Severe Security Threat,' U.S. Official Says

The Trump administration will not allow Cuba to "deteriorate into an even more severe security threat to the national security of the United States," a U.S. official said as the country again ramps up pressure on the Havana regime.

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International Business Times

Trump Reportedly Discusses Whether To Resume Military Action In Iran As Stalemate Continues

President Donald Trump met with his national security on Monday to discuss the path forward in the war in Iran as negotiations continue to be deadlocked.

International Business Times

U.S., Mexico Continue Joint Anti-Cartel Operations Amid Diplomatic Strains

Despite ongoing diplomatic tensions between the two countries, the 2026 National Drug Control Strategy described Mexico as a central component of U.S. operations against drug cartels.

International Business Times

Reddit Blocks Mobile Website Access for Some Users While Pushing App Downloads: Bold Move Ignites Online Backlash

Reddit's move to block mobile website access for some users, pushing them towards its app, has sparked backlash, highlighting tensions between monetization strategies and user autonomy.

International Business Times

Markwayne Mullin Accuses Democrats Putting DHS Security Preparations for the 2026 FIFA World Cup "in Jeopardy"

The Homeland Security Secretary also stated that the department could still "deliver" security for the tournament

International Business Times

Cuban Political Prisoners Say Officials Threatened to 'Eliminate' Them if U.S. Attacks: Report

Independent journalist Luis Cino told Spain's ABC that a state security officer warned him "all counterrevolutionaries will be removed" if the United States attacks Cuba

International Business Times

Florida Immigrants Increasingly Fear Calling Police Amid ICE Crackdown: 'They're Traumatized by It All'

A Marshall Project investigation documented cases in which immigrants were detained after interacting with police as crime victims, witnesses, or people requesting assistance

International Business Times

Trump Adviser Says Record-Low Consumer Sentiment Is Basically POTUS' Fault for Caring Too Much

US consumer confidence has reached a record low, driven by high petrol prices and tariffs. Economic pressures are affecting household budgets, with many Americans feeling financially strained.

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