The Latest Breaking News from Economy

US stocks drift after oil prices rise and Nvidia's latest profit report gets a yawn

The U.S. stock market is drifting following a rebound for oil prices and mixed reports on the U.S. economy

AAP · May 21

AAP Rolling News Bulletin May 22, 0100

AAP Rolling News Bulletin for May 22 at 0100

AAP · May 21

US stocks slip after oil prices rise and Nvidia gets a yawn to its latest blowout profit report

The U.S. stock market is slipping following a rebound for oil prices and mixed reports on the U.S. economy

AAP · May 21

UK Lands First G7 Gulf Trade Deal Worth £3.7B — Without a Human Rights Clause

The UK's landmark trade deal with the Gulf Cooperation Council eliminates £580M in tariffs, boosting the economy by £3.7B annually. Explore the benefits for British businesses and workers.

International Business Times UK · May 21

Stocks Slip Before the Open as Oil Rises on U.S.-Iran Peace Deal Uncertainty, PMI Data in Focus

June S&P 500 E-Mini futures (ESM26) are down -0.40%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.55% this morning as oil prices and bond yields climbed, with investors watching to see whether hopes for a peace deal in the Middle East will turn into tangible progress.

Barchart · May 21

Shaquille O'Neal already has $500 million, but is going back to college for a fourth degree at the age of 53. What can Gen Z learn from him?

NBA legend Shaquille O'Neal, now 54, earned his fourth college degree from LSU, urging Gen Z graduates to embrace lifelong learning in an AI-driven economy. He emphasized that character trumps resumes and that failure is a stepping stone to success. O'Neal's commitment to education extends beyond basketball, building a vast…

The Economic Times · May 21

Euro zone growth forecast cut because of war impact

BRUSSELS - The euro zone economy will expand less than expected this year, the European Commission said on Thursday, as the Middle East war and subsequent energy shock take their toll.

Bangkok Post · May 21

Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's why

Amazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurse earning $75,000 as an example. He described the US economy as split between those thriving and those struggling with inflation and rising costs, questioning the tax…

The Economic Times · May 21

Recession warning? Eurozone activity hits lowest level in over two and a half years due to Iran war

Business activity across the eurozone slowed sharply in May, hitting its lowest level in more than two and a half years.

Euronews · May 21

Trump says he could run for prime minister in Israel claiming ‘99 percent approval rating’

Trump remarks come as his popularity with American voters continues to plummet, with a new poll showing growing disapproval over the Iran war and the economy

The Independent UK · May 21