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The Latest Breaking News from United States

US faces ‘reading recession’ as school test scores continue to decline

Between 2022 and 2025, only five states and the District of Columbia had meaningful growth in reading scores

The Independent UK

Trump lands in China for high-stakes summit with Xi Jinping, as Iran war looms over talks

The US president arrives with tech leaders including Elon Musk and Tim Cook, with trade, AI and Taiwan all set to be discussed

The Guardian - UK

Sensex rises 50 points, Nifty closes above 23,400 as markets snap 4-session losing streak; metal stocks shine

Indian stock markets ended in the green, with Sensex and Nifty snapping a four-session losing streak. This occurred despite the rupee hitting a fresh lifetime low. Metal stocks surged following a government hike in import duties, while IT stocks saw declines. Midcap and smallcap indices also recorded gains.

The Economic Times

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Ahead of Trump-Xi summit, China warns on US arms sales to Taiwan

China strongly opposes U.S. arms sales to Taiwan, urging Washington to honor commitments ahead of President Trump's Beijing summit. Beijing views Taiwan as its territory and a core interest, while the U.S. is legally bound to provide defensive means. Taiwan's reduced defense budget approval raises concerns about Beijing using it…

The Economic Times

US, China begin fresh trade talks in South Korea ahead of Trump’s Beijing visit

Senior officials from the US and China are holding trade talks in Seoul. This meeting precedes President Donald Trump's visit to Beijing. Discussions will cover trade items like soybeans and minerals. The ongoing conflict involving Iran is also on the agenda. Several top business leaders will accompany President Trump.

The Economic Times

Silver jumps Rs 17,000/kg, gold soars to Rs 1.62 lakh/10g after centre hikes import duty. What should investors do?

Gold and silver prices surged on MCX after the government hiked customs duty on precious metal imports to 15%. This led to significant jumps in July 2026 silver futures and June 2026 gold futures. The move follows a rise in U.S. consumer inflation, impacting global market sentiment and reducing expectations…

The Economic Times

Plan for $1.5bn Trump Tower on Gold Coast scrapped because brand ‘toxic to Australians’

The Surfers Paradise development has been abandoned with Altus Property Group and the Trump Organization blaming each other

The Guardian - AU

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Jason Collins, 47, Dies of Brain Cancer: About the Deadly Glioblastoma That Took NBA's First Openly Gay Player

Jason Collins, the first openly gay NBA player, has died at 47 after an eight-month battle with glioblastoma, leaving a legacy of courage and inclusivity in sports.

International Business Times UK

Dr Reddy's shares in focus after Q4 net profit tumbles 86% YoY; Morgan Stanley, Goldman Sachs weigh in

Dr. Reddy's Laboratories shares: The pharma major posted a sharp 86% YoY drop in Q4FY26 consolidated net profit to Rs 221 crore, compared with Rs 1,587 crore a year ago. Following the weak earnings performance, several brokerages cut their target prices on the stock.

The Economic Times

Russia launches massive daytime attack with over 200 drones across Ukraine

Kremlin claims trilateral work to end the war continues as Putin’s forces attack Zelensky’s hometown

The Independent UK

Socceroos great Cahill in line to net top FA role

Tim Cahill could be in line for a surprise return to Australian football, with the Socceroos great a target to fill a newly created Football Australia vacancy.

AAP

'Bing. Bing. Gone.' Trump Shares AI Laser Attack Images on Iran as Pentagon Tech Official Posts Matching Message

Donald Trump shared an AI-generated image of a US warship using laser weapons against Iranian targets, sparking debate amid ongoing tensions in the Strait of Hormuz.

International Business Times UK

A real ‘intergenerational equity’ budget would address our unceasing environmental decline

Last night, Labor unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform. It comes at a time where politics is consumed with the international shocks created by US President Donald Trump, whether through chaotic tariff announcements or the US-Israel war with Iran.

The Conversation

Andersen Group Q1 Earnings Call Highlights

Andersen Group (NYSE:ANDG) reported first-quarter 2026 revenue and adjusted EBITDA above its prior guidance, with management pointing to broad-based organic growth across tax service lines, higher revenue per professional and an active acquisition pipeline expected to contribute more meaningfully in

MarketBeat

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MarketBeat

a.k.a. Brands Q1 Earnings Call Highlights

a.k.a. Brands (NYSE:AKA) reported a stronger-than-expected start to fiscal 2026, with first-quarter net sales rising 3% to $132.5 million and Adjusted EBITDA increasing to $5.1 million, management said on the company’s earnings call. Chief Executive Officer Ciaran Long said the results reflected “s

MarketBeat

Verrica Pharmaceuticals Q1 Earnings Call Highlights

Verrica Pharmaceuticals (NASDAQ:VRCA) reported higher first-quarter revenue and record demand for its molluscum contagiosum treatment YCANTH, while outlining progress on late-stage development programs in common warts and basal cell carcinoma. President and Chief Executive Officer Jayson Rieger sai

The Independent UK

Iran-US war latest: Tehran vows ‘no place for retreat’ over Strait of Hormuz despite Vance claiming progress

Iran plans to double its income through the vital shipping route as global oil and gas supplies remain upended

Tom’s Guide

How to watch 'Off Campus' online from anywhere

BookTok's hockey romance favorite is heading to streaming. Here's how to watch 'Off Campus' online, including its global Prime Video rollout, full episode drop and the latest on season 2.

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The Independent UK

Asian shares trade mixed as AI excitement fades and war worries continue

Asian shares are trading mixed, as the enthusiasm over AI and other technology stocks gradually faded, braking Wall Street’s record-setting run

International Business Times UK

Japan Confirms Possession of UAP Footage After Reviewing Pentagon Videos Near Japanese Airspace

Japan is reviewing declassified Pentagon footage of unidentified anomalous phenomena near its territory, collaborating with international partners to address national security concerns.

AAP

Aussie shares log fourth session of losses, banks drag

Commonwealth Bank shares recorded their worst day in history after an earnings miss and new tax reforms have investors questioning its valuation.

inkl

RenX Is Building an Industrial System Around Agricultural Inputs

The most important infrastructure systems are rarely the ones people talk about every day.

The Economic Times

Oil Price Today (May 13): Crude oil snaps 3-day fall ahead of Trump’s China visit. What are experts saying?

Oil prices dipped after a three-day climb as investors monitored the fragile Iran ceasefire and an upcoming U.S.-China summit. The Strait of Hormuz remains effectively shut, impacting global supply and raising inflation concerns, with analysts warning of further price surges if disruptions persist.

MarketBeat

TriSalus Life Sciences Q1 Earnings Call Highlights

TriSalus Life Sciences (NASDAQ:TLSI) reported slightly lower first-quarter revenue and reduced its full-year 2026 revenue outlook, citing disruption from a broad commercial reorganization and a delayed FDA review for its next-generation TriNav Advance device. President and Chief Executive Officer M

MarketBeat

Relmada Therapeutics Q1 Earnings Call Highlights

Relmada Therapeutics (NASDAQ:RLMD) said it remains on track to begin its Phase 3 RESCUE registrational program for NDV-01 in mid-2026 after reporting 12-month Phase 2 data in non-muscle invasive bladder cancer and strengthening its balance sheet through a private financing. On the company’s first-q

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