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The Latest Breaking News from United States

Linguistic workaround allows Marco Rubio, sanctioned by Beijing, to travel to China for the first time

Chinese government appears to be using the workaround of a different character to represent part of the secretary of state’s name, to allow him to visit the country for the Trump summit

The Guardian - AU

Business sector urges Canberra to tackle red-tape cuts

A powerful alliance of business groups has given the federal budget a tick but says Labor needs to take bigger steps to rid the sector of costly red tape.

AAP

Dollar near one-week high as hot U.S. inflation fans Fed hike bets, peace talks stall

Global markets felt the heat as a surprising U.S. inflation surge boosted Treasury yields, weakening the euro and sterling. Rising oil prices, fueled by Middle East tensions, further dampened investor sentiment. The U.S. dollar index held firm, reflecting a cautious risk appetite as equity markets lacked upward momentum. Meanwhile, the…

The Economic Times

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Gold steady with US-China summit, MidEast developments in focus

Gold prices remained stable in early Asian trade. Investors are awaiting a key U.S.-China summit in Beijing. Developments in the Middle East conflict are also being closely watched. U.S. President Donald Trump commented on the Iran war. Oil prices saw a dip. U.S. consumer inflation increased. India has raised import…

The Economic Times

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

President Trump stated that Americans' financial struggles are not a factor in his decision-making regarding Iran, emphasizing that preventing Tehran from acquiring a nuclear weapon is his sole priority. This stance comes as rising energy costs linked to the conflict contribute to inflation and voter concerns ahead of the midterm…

The Economic Times

Gold Price today: Will gold rate crash on Wednesday? Donald Trump holds key

Gold rate today: Reopeing of Strait of Hormuz and lasting peace in Iran will play pivotal role in dictating gold price.

The Economic Times

"Who the f** just threw a phone at my f***in' head?" Bring Me The Horizon's Oli Sykes suffers mild concussion after being stuck by object thrown from crowd

Can we please just stop throwing stuff at musicians?

Metal Hammer

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Why Gold Prices May Rise Even More After Modi’s Warning

Gold is not just metal in India. It is emotion, tradition, security, and status packed into one shining investment. From weddings to festivals, buying gold feels almost natural in Indian households. But now, a serious warning from Prime Minister Narendra Modi has sparked a nationwide conversation. Why does the government…

MyLifeXP

U.S. Stock Market on Wednesday: Dow Jones, S&P 500, Nasdaq to bounce back or Wall Street crash is happening? Check important factors

U.S. Stock Market: U.S. dollar advanced for a second straight session after the economic data and amid uncertainty over the durability of the U.S.-Iran ceasefire.

The Economic Times

Dalal Street set for firm start as GIFT Nifty edges higher

Indian markets extended losses for the fourth consecutive session amid escalating US-Iran tensions and global market nervousness. Investors remained risk-averse, leading to sustained selling. Market sentiment is expected to stay fragile until geopolitical clarity emerges and energy prices stabilize.

The Economic Times

With ceasefire talks stalled, Trump and Hegseth claim 'control' over Iran and Strait of Hormuz

Kuwait alleges Iran attempted an attack on Bubiyan Island. This incident occurs as U.S. President Trump visits China. Tensions are high in the Persian Gulf. Israel has deployed air defense to the UAE. The Strait of Hormuz remains a critical point of contention. Norway reports stranded vessels due to shipping…

The Economic Times

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Oil prices dipped as investors awaited developments on the Iran ceasefire and President Trump's summit with China's Xi Jinping. Brent crude futures fell to $106.95 a barrel, and WTI futures to $101.52. The ongoing conflict and supply disruptions are expected to keep oil prices above $80 for the year.

The Economic Times

Nextpower Q4 Earnings Call Highlights

Nextpower (NASDAQ:NXT) reported a strong finish to fiscal 2026, with executives pointing to record backlog, growth in its core solar tracker business and a broader push into power plant technology as key themes for the year ahead. Chief Executive Officer and Founder Dan Shugar said the company deli

MarketBeat

Nyxoah Q1 Earnings Call Highlights

Nyxoah (NASDAQ:NYXH) reported 13% sequential worldwide net revenue growth in the first quarter of 2026, driven primarily by continued adoption of its Genio system in the United States, where the company is in its second full quarter of commercialization. Chief Executive Officer Olivier Taelman said

MarketBeat

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MarketBeat

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

The Times of India

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 Economic Times

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.

AAP

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.

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The Economic Times

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 Guardian - US

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

Homes & Gardens

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

TechRadar

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.

The Economic Times

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.

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