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The Latest Breaking News from United States

Kura Oncology Q1 Earnings Call Highlights

Kura Oncology (NASDAQ:KURA) reported $5.8 million in first-quarter net product revenue from KOMZIFTI, its first commercial product, and said the launch is showing early signs of physician uptake, broad payer coverage and use in combination regimens, according to management’s earnings call for the fi

MarketBeat

Hegseth pushes Trump’s $1.5 trillion defense budget for 2027 as Congress presses Pentagon over Iran war costs

Defense Secretary Pete Hegseth defended President Trump's proposed $1.5 trillion military budget amid congressional scrutiny over the Iran war's escalating costs, now at $29 billion. Lawmakers questioned the strain on weapons stockpiles, while Hegseth acknowledged increased production to support ongoing operations and future needs.

The Times of India

Global Market Today: Asian stocks track Wall Street lower on US CPI

Asian stocks declined as US inflation accelerated, influenced by rising oil prices following the conflict in Iran. This prompted an increase in Treasury yields and boosted bets on a Federal Reserve rate hike in 2027. Elevated oil prices and inflation risks now threaten the recent equity rebound, particularly impacting chipmakers.

The Economic Times

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Great Scott craves more in 99th straight golf major

Adam Scott is closing in on 100 consecutive major golf appearances but Australia's former world No.1 is more interested in contending at the PGA Championship.

AAP

US Court halts order finding new Trump tariffs unlawful for now

A federal appeals court has put a hold on a ruling that found President Donald Trump's global tariffs unlawful. This means importers will continue to pay the 10% tariffs for now. The court is considering the administration's request to keep collecting the levies while it appeals the decision. This pause…

The Economic Times

Trump news at a glance: despite presidential pressure, some Republicans in South Carolina take stand against redistricting

Five Republicans joined all Democrats in the state senate to reject a redistricting proposal that Trump is pushing for – key US politics stories from Tuesday 12 May at a glance

The Guardian - US

This Native Wildflower Is Sought After by Hummingbirds – Plant It Now for a Low-Maintenance Summer Perennial

Royal catchfly provides late-season nectar to hummingbirds, just as they gear up for migration

Homes & Gardens

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I reviewed the JBL Go 5, and it's the best cheap Bluetooth speaker you can buy right now — and as someone that's tested over 50 portable speakers, I know a stand-out when I see one

The JBL Go 5 is an excellent small-sized speaker that improves on just about everything that we loved about its predecessor.

TechRadar

Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency

President Donald Trump is in Beijing for a state visit with Chinese leader Xi Jinping. The leaders will discuss trade, aiming to sign deals for American food and aircraft. They will also address differences through a new "Board of Trade." The status of Taiwan and potential weapons sales are major…

The Economic Times

Why S&P 500, Nasdaq dropped while Dow Jones gained today - US stock market mixed close explained

S&P 500, Nasdaq and Dow Jones on May 12: US stocks closed mixed as tech momentum cooled amid rising energy prices and fresh inflation data. The S&P 500 and Nasdaq dipped, while the Dow Jones edged higher. West Texas Intermediate crude jumped on US-Iran tensions, and April's CPI rose to…

The Economic Times

Donald Trump-Xi Jinping meeting date, venue: Key takeaways, highlights, what to know

Donald Trump is scheduled to arrive in Beijing on Wednesday ahead of his meetings on Thursday and Friday. Trup and Xi Jinping are due to visit the Temple of Heaven on Thursday, according to the White House.

The Economic Times

Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focus

The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target size to around $300-350 million, the people said, requesting anonymity as the discussions are private.

The Economic Times

'19 Kids and Counting' Star Josh Duggar Allegedly Sent Flirty, Explicit Messages to Wife Anna From Behind Bars

Josh Duggar, imprisoned for child sexual abuse materials, sends flirty messages to his wife Anna, sparking public debate. He expresses disappointment with his siblings' lack of support.

International Business Times UK

Trump accuses media of ‘treason’ over Iran war coverage

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The Independent UK

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The Independent UK

California crypto owner robbed of $6.5m by suspects wielding guns posing as delivery drivers, prosecutors say

Elijah Armstrong, Nino Chindavanh, and Jayden Rucker, all from Tennessee, were indicted and charged with conspiracy to commit robbery and kidnapping

The Economic Times

Where is Melania Trump? U.S First Lady is not travelling to China accompanying Donald Trump

US President Donald Trump told the media that among the several items for discussions with China, trade would be a key focus area.

The Independent UK

Record number of Americans are leaving the country and renouncing their citizenship for good, report says

In the aggregate, as many as 295,000 more people may have left the U.S. than immigrated there in 2025, according to one study

The Times of India

Donald Trump heads to China for high-stakes Xi meeting; trade top agenda, Iran likely in focus

President Donald Trump embarked on a crucial three-day visit to China, with trade negotiations and tensions over Iran topping the agenda. Trump expressed optimism about strengthening US-China ties and his relationship with President Xi Jinping, emphasizing trade as the primary focus of their discussions.

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International Business Times UK

Near $30BN Military Tab Stokes Petrol Surge With Consumers Accusing Fuel Retailers of Price Gouging Amid Price Variation

The Pentagon's revised $29 billion estimate for the US-Iran conflict is linked to rising fuel prices, sparking consumer complaints of price gouging and political scrutiny over defence spending.

International Business Times UK

Kash Patel Fires Back at Sen Van Hollen, Accuses Him of 'Slinging Margaritas' With a Known Felon During Heated Hearing

Kash Patel and Senator Van Hollen engaged in a heated exchange over allegations of drinking on duty, with both parties threatening to undergo tests to prove their sobriety.

Barchart

Inflation Has Pushed this Dividend Aristocrat to 52-Week Lows. Why It’s Still Not Quite Time to Buy.

McDonald's stock is trading near its 52-week lows and has a dividend yield of aroudn 2.7%. However, the stock does not look like a compelling buy yet.

The Independent UK

Trump’s redistricting push sees mixed results in South Carolina and Missouri

President Donald Trump’s push to redraw U.S. House districts yielded mixed results on Tuesday

Axios

Trump faces barrage of Democratic counter-proposals on gas tax

One House Democrat is proposing a 100% windfall tax on oil companies.

AAP

Australian spy plane to aid Hormuz shipping mission

A defensive effort to safeguard shipping in the Strait of Hormuz will be aided by an Australian E-7A Wedgetail as part of a global mission.

International Business Times UK

Donald Trump Lashes Out at Female Reporter in Ugly Scene Just Hours Before Departing for Beijing

US President Trump insulted female journalists questioning his administration's spending on renovations, sparking controversy over his treatment of women in the media.

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