INSIDER
Harrods becomes latest UK retailer to face cyber threat as M&S' struggles persist
Read full article: Harrods becomes latest UK retailer to face cyber threat as M&S' struggles persistBritish retailer Marks & Spencer says it's โworking day and nightโ to resolve a cyberattack nearly two weeks ago that has left it unable to process any online orders.
White House comes out with sharp spending cuts in Trump's 2026 budget plan
Read full article: White House comes out with sharp spending cuts in Trump's 2026 budget planPresident Donald Trumpโs 2026 budget plan would slash nondefense domestic spending by $163 billion, while increasing expenditures on national security.
Wall Street gains ground following a stronger-than-expected report on the US job market
Read full article: Wall Street gains ground following a stronger-than-expected report on the US job marketStocks are rallying on Wall Street following a stronger-than-expected report on the U.S. job market.
In the wake of devastating Los Angeles fires, residents begin to rebuild
Read full article: In the wake of devastating Los Angeles fires, residents begin to rebuildNearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild.
China says it's evaluating US overtures for trade talks, but tariffs remain an obstacle
Read full article: China says it's evaluating US overtures for trade talks, but tariffs remain an obstacleChina's Commerce Ministry says Beijing is evaluating multiple approaches by the Trump administration for trade talks.
Homeownership further out of reach as rising prices, high mortgage rates widen affordability gap
Read full article: Homeownership further out of reach as rising prices, high mortgage rates widen affordability gapHomeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford.
Luigi Mangione wants state murder case dropped, arguing double jeopardy in UnitedHealthcare killing
Read full article: Luigi Mangione wants state murder case dropped, arguing double jeopardy in UnitedHealthcare killingLuigi Mangioneโs lawyers are urging a judge to throw out his state murder charges in the killing of UnitedHealthcare CEO Brian Thompson.
Vance heralds 'industrial renaissance' in his visit to a South Carolina steel plant
Read full article: Vance heralds 'industrial renaissance' in his visit to a South Carolina steel plantVice President JD Vance has visited a steel plant in South Carolina, where he heralded the launch of an โindustrial renaissanceโ in the U.S., in part due to President Donald Trumpโs moves to boost domestic industry.
Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from India
Read full article: Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from IndiaApple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trumpโs tariffs on its business.
Amazon posts solid first quarter earnings growth, but outlook is tempered by tariff uncertainty
Read full article: Amazon posts solid first quarter earnings growth, but outlook is tempered by tariff uncertaintyAmazon posted higher first-quarter profit and sales that beat analystsโ projections, underscoring the online behemothโs hold on shoppers looking for low prices and a wide selection in an uncertain economy.
'60 Minutes' report that prompted Trump lawsuit is nominated for an Emmy Award
Read full article: '60 Minutes' report that prompted Trump lawsuit is nominated for an Emmy AwardLast fall's โ60 Minutesโ story on Kamala Harris โ the subject of a $20 billion lawsuit by President Donald Trump โ was nominated for an Emmy Award for โoutstanding edited interview.โ.
Did Donald Trump โ or ABC News โchoose who would interview the president? Why does it matter?
Read full article: Did Donald Trump โ or ABC News โchoose who would interview the president? Why does it matter?President Donald Trump's remark to Terry Moran in an ABC News interview โ that it was his choice to whom he would grant an interview โ exposes a delicate question for journalists.
Lilly star weight-loss drug Zepbound faces coverage challenge from CVS Health
Read full article: Lilly star weight-loss drug Zepbound faces coverage challenge from CVS HealthEli Lillyโs stock wobbled Thursday after a looming coverage hit was detailed for its blockbuster weight-loss drug Zepbound.
Tariff turmoil prompts cloudy forecasts from General Motors, Harley-Davidson for the year ahead
Read full article: Tariff turmoil prompts cloudy forecasts from General Motors, Harley-Davidson for the year aheadUncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a stark shift in U.S. policy.
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
Read full article: Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Donald Trumpโs trade wars.
FDA to rehire fired staffers who booked inspection trips, but other workers remain in limbo
Read full article: FDA to rehire fired staffers who booked inspection trips, but other workers remain in limboThe Food and Drug Administration is again trying to rehire some staffers who were recently fired amid mass layoffs at the agency.
UN official urges Israel to lift aid blockade of Gaza and calls it 'cruel collective punishment'
Read full article: UN official urges Israel to lift aid blockade of Gaza and calls it 'cruel collective punishment'The United Nationsโ emergency relief coordinator is urging Israel to lift its blockade of aid into the Gaza Strip.
Kohl's ousts CEO Buchanan after investigation into some vendor transactions
Read full article: Kohl's ousts CEO Buchanan after investigation into some vendor transactionsKohlโs has terminated CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest.
CVS Health rides improving Medicare business to better-than-expected first quarter
Read full article: CVS Health rides improving Medicare business to better-than-expected first quarterCVS Health hiked its 2025 forecast above Wall Streetโs expectations after improving Medicare benefits contributed to a better-than-expected first quarter.
The number of Americans filing for jobless claims jumps last week, but remains at healthy levels
Read full article: The number of Americans filing for jobless claims jumps last week, but remains at healthy levelsU.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range.
General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact
Read full article: General Motors trims 2025 guidance, anticipating potential $5 billion tariff impactGeneral Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto tariffs.
Ukraine and the US have finally signed a minerals deal. What does it include?
Read full article: Ukraine and the US have finally signed a minerals deal. What does it include?After months of tense negotiations, the U.S. and Ukraine have signed a deal that is expected to give Washington access to the countryโs critical minerals and other natural resources.
Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future
Read full article: Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on futureElon Musk is defending the work of the Department of Government Efficiency as he prepares to scale back from his government role and spend more time at his businesses.
Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says
Read full article: Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF saysThe International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid.
May Day demonstrations in US and around the globe protest Trump agenda
Read full article: May Day demonstrations in US and around the globe protest Trump agendaHundreds of thousands of people rallied in U.S. cities and around the globe for International Workersโ Day or May Day, with the focus this year on President Donald Trumpโs agenda.
Court sides with Fortnite maker Epic as Apple sanctioned for defying order in App Store case
Read full article: Court sides with Fortnite maker Epic as Apple sanctioned for defying order in App Store caseA federal judge has found that Apple violated a court injunction in an antitrust case filed by Fortnite maker Epic Games.
Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banks
Read full article: Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banksFood banks say income stagnation and rising living costs are increasing demand at their organizations across the country โ all as the federal government shuts off funding streams that provide millions with healthier, harder-to-get groceries.
Trump company strikes Qatari golf resort deal in a sign it's not holding back from foreign business
Read full article: Trump company strikes Qatari golf resort deal in a sign it's not holding back from foreign businessThe Trump family company has struck a deal for a luxury golf resort in Qatar.
The Senate votes down resolution to block Trump's global tariffs amid economic turmoil
Read full article: The Senate votes down resolution to block Trump's global tariffs amid economic turmoilSenate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month, giving the president a modest win Wednesday as lawmakers in both parties have remained skeptical of his trade agenda.
Meta's first quarter earnings, revenue beat Wall Street's expectations
Read full article: Meta's first quarter earnings, revenue beat Wall Street's expectationsInstagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue on its social media platforms.
Microsoft says quarterly profits up 18% as it weathers tech sector turbulence with cloud growth
Read full article: Microsoft says quarterly profits up 18% as it weathers tech sector turbulence with cloud growthMicrosoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing and artificial intelligence business in a turbulent time for the tech sector.
Jeff Sperbeck, former agent for John Elway, dies after injury at 62
Read full article: Jeff Sperbeck, former agent for John Elway, dies after injury at 62A business partner and former agent for Pro Football Hall of Famer John Elway has died after suffering an injury at a Southern California golf resort.
Conservative activist Robby Starbuck sues Meta over AI responses about him
Read full article: Conservative activist Robby Starbuck sues Meta over AI responses about himConservative activist Robby Starbuck has filed a defamation lawsuit against Meta alleging that the social media giantโs artificial intelligence chat bot spread false statements about him, including that he participated in the the riot at the U.S. Capitol on Jan. 6, 2021.
Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growth
Read full article: Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growthFord's top executive is welcoming revisions to auto import rules but says more work is needed to craft trade policies that spur growth in the U.S. auto industry.
Visa wants to give artificial intelligence 'agents' your credit card
Read full article: Visa wants to give artificial intelligence 'agents' your credit cardVisa is hoping to hand your credit card to an artificial intelligence โagentโ that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts
Read full article: Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubtsNot long after a Norfolk Southern train derailed and caught fire in eastern Ohio in February 2023 the railroad started to repeat its promise that it would โmake it rightโ in East Palestine.
The home of Elon Musk's SpaceX could become an official Texas city called Starbase
Read full article: The home of Elon Musk's SpaceX could become an official Texas city called StarbaseElon Musk has for years made Texas his business home and playground as he launches rockets and builds cars in the Lone Star state.
Trump says US kids may get '2 dolls instead of 30,' but China will suffer more in a trade war
Read full article: Trump says US kids may get '2 dolls instead of 30,' but China will suffer more in a trade warPresident Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States.
Tariff turmoil prompts cloudy forecasts from companies for the year ahead
Read full article: Tariff turmoil prompts cloudy forecasts from companies for the year aheadUncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a stark shift in U.S. policy.
US inflation cools and Americans step up spending as they brace for tariff impact
Read full article: US inflation cools and Americans step up spending as they brace for tariff impactA closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trumpโs tariffs were implemented.
Climate change is making coffee more expensive. Tariffs likely will too
Read full article: Climate change is making coffee more expensive. Tariffs likely will tooPremium coffee roasters in the U.S. are reeling from the sharp price increases of coffee beans, which nearly doubled last year after record drought in Brazil.
Microsoft pledges to protect European operations and unveils data center expansion
Read full article: Microsoft pledges to protect European operations and unveils data center expansionMicrosoft has pledged to fight any U.S. government order to halt data center operations in Europe, as it sought to soothe concerns among European customers that trans-Atlantic tensions would lead to service disruptions.
Edmunds stylish SUV test: Buick Envista vs. Nissan Kicks
Read full article: Edmunds stylish SUV test: Buick Envista vs. Nissan KicksEdmunds compares the 2025 Nissan Kicks and 2025 Buick Envista, two stylish extra-small SUVs with surprisingly spacious interiors and base prices in the $20,000s.
Samsung reports revenue increase thanks to mobile phone sales but its chip business suffers
Read full article: Samsung reports revenue increase thanks to mobile phone sales but its chip business suffersSamsung Electronics reported Wednesday a sharp increase in consolidated revenue for the first quarter thanks to strong sales of its new smartphones, but its semiconductor business suffered a setback.
Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook
Read full article: Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlookEuropeโs economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trumpโs trade war.
Center-left party approves German coalition deal, paving the way for Merz to be elected chancellor
Read full article: Center-left party approves German coalition deal, paving the way for Merz to be elected chancellorGermanyโs center-left Social Democrats have voted to approve a coalition agreement.
California high-speed rail leader pushes state to support private investment
Read full article: California high-speed rail leader pushes state to support private investmentThe new chief executive of Californiaโs embattled high-speed rail project says it is time to get serious about how to pay for it.
Hawaii plans to increase hotel tax to help it cope with climate change
Read full article: Hawaii plans to increase hotel tax to help it cope with climate changeHawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet.
What we know about Monday's sweeping power outage in Spain and Portugal
Read full article: What we know about Monday's sweeping power outage in Spain and PortugalThe sweeping power outage that hit Spain and Portugal this week has raised questions about the electricity grid in a region not normally known for blackouts.
Wall Street storms back from early losses, echoing its manic moves through a historic April
Read full article: Wall Street storms back from early losses, echoing its manic moves through a historic AprilU.S. stocks bounced back from steep early losses to end mixed, continuing their wild swings amid uncertainty about what President Donald Trumpโs trade war will do to the economy.
Japan's Toyota starts collaborating with self-driving leader Waymo on autonomous cars
Read full article: Japan's Toyota starts collaborating with self-driving leader Waymo on autonomous carsJapanโs top automaker Toyota has announced a partnership with U.S. autonomous driving technology company Waymo.
Meta launches AI app, Zuckerberg chats with Microsoft CEO Satya Nadella at developer conference
Read full article: Meta launches AI app, Zuckerberg chats with Microsoft CEO Satya Nadella at developer conferenceMeta Platforms Inc. is hosting its first generative artificial intelligence conference for developers, LlamaCon, on Tuesday.
Vietnam celebrates 50 years since warโs end with focus on peace and unity
Read full article: Vietnam celebrates 50 years since warโs end with focus on peace and unityVietnam has celebrated the end of the war with the United States and the formation of its modern nation 50 years ago with a military parade and a focus on a future of peace.
Prosecutors seek 20-year prison term for founder of failed crypto platform Celsius Network
Read full article: Prosecutors seek 20-year prison term for founder of failed crypto platform Celsius NetworkProsecutors say the founder and former CEO of the failed cryptocurrency lending platform Celsius Network should face 20 years behind bars for telling lies and engaging in self-dealing that cost customers billions of dollars in losses.
Trump's tariffs loom over the economy as shipments from China fall
Read full article: Trump's tariffs loom over the economy as shipments from China fallAmerican businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.
Voters resoundingly backed paid sick leave. Now lawmakers in 3 states want to roll back the benefits
Read full article: Voters resoundingly backed paid sick leave. Now lawmakers in 3 states want to roll back the benefitsVoters in Alaska, Missouri and Nebraska overwhelmingly approved paid sick leave laws last year.
GM recalls nearly 600,000 Cadillac, Chevrolet and GMC cars due to engine failure risks
Read full article: GM recalls nearly 600,000 Cadillac, Chevrolet and GMC cars due to engine failure risksGeneral Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to potential manufacturing defects that can cause engine failure.
House GOP wants to pump billions into Trump's deportations and detentions as part of tax bill
Read full article: House GOP wants to pump billions into Trump's deportations and detentions as part of tax billRepublicans in Congress are working to pump billions of dollars into President Donald Trumpโs mass deportation and border security program.
Starbucks says turnaround is on track, but quarterly earnings and sales fall short
Read full article: Starbucks says turnaround is on track, but quarterly earnings and sales fall shortStarbucksโ sales are on the upswing again, but the company says its turnaround effort is far from complete.
Missouri court upholds voter approval of minimum wage and paid sick leave initiative
Read full article: Missouri court upholds voter approval of minimum wage and paid sick leave initiativeThe Missouri Supreme Court has upheld a voter-approved ballot measure gradually raising the state's minimum wage to $15 an hour and requiring employers to provide paid sick leave.
Kraft Heinz lowers sales outlook for the year, weighed down by consumer uncertainty and tariffs
Read full article: Kraft Heinz lowers sales outlook for the year, weighed down by consumer uncertainty and tariffsKraft Heinz lowered its full-year sales and earnings guidance Tuesday, citing weaker customer spending in the U.S. and the impact of President Donald Trumpโs tariffs.
Take It Down Act, addressing nonconsensual deepfakes and 'revenge porn,' passes. What is it?
Read full article: Take It Down Act, addressing nonconsensual deepfakes and 'revenge porn,' passes. What is it?The Take It Down Act, which seeks to enact stricter penalties for the distribution of non-consensual intimate imagery, sometimes called โrevenge pornโ online, is heading to President Donald Trump's signature after its bipartisan passage in congress.
Starbucks' new drive-thru in Texas is the coffee giant's first 3D printed store in the US
Read full article: Starbucks' new drive-thru in Texas is the coffee giant's first 3D printed store in the USThe newest pour from Starbucks is a 3D printed store thatโs set to open this week in Texas.
Senate confirms former Sen. David Perdue as Trump's US ambassador to China amid tariff showdown
Read full article: Senate confirms former Sen. David Perdue as Trump's US ambassador to China amid tariff showdownThe Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff showdown that threatens to redefine diplomatic relations between the worldโs two largest economies.
Amazon is not planning to break out tariff costs online as White House attacks potential move
Read full article: Amazon is not planning to break out tariff costs online as White House attacks potential moveAmazon is not planning to display added tariff costs next to product prices on its site โ despite a report that sparked speculation the e-commerce giant would soon show the new import charges, as well as fiery comments from President Donald Trumpโs White House denouncing such a move.
Canadian company turns to Trump for permission to mine international waters, bypassing a UN agency
Read full article: Canadian company turns to Trump for permission to mine international waters, bypassing a UN agencyA Canadian company has announced that its U.S. subsidiary has submitted applications to the National Oceanic and Atmospheric Administration to mine the seafloor.
UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handles
Read full article: UPS to cut 20,000 jobs, close some facilities as it reduces amount of Amazon shipments it handlesUPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.
Major companies face a difficult task in estimating the impact of tariffs on their business
Read full article: Major companies face a difficult task in estimating the impact of tariffs on their businessExecutives at some of the worldโs biggest companies are faced with the tricky task of explaining how President Donald Trumpโs tariffs are impacting their business as they discuss the latest financial results.
Elliott to celebrate NAPA's 100th anniversary with gold car. Credits company for his NASCAR career
Read full article: Elliott to celebrate NAPA's 100th anniversary with gold car. Credits company for his NASCAR careerChase Elliott is convinced he may not have ever made it as a professional racer without NAPA sponsorship.
Turkey and Italy strengthen ties with trade and defense agreements
Read full article: Turkey and Italy strengthen ties with trade and defense agreementsTurkish President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni have witnessed the formal exchange of a dozen cooperation agreements including on defense.
US job openings fall to 7.2 million in March, the lowest level since September
Read full article: US job openings fall to 7.2 million in March, the lowest level since SeptemberJob openings in the United States fell in March as President Donald Trumpโs trade wars clouded the economic outlook.
US consumer confidence plummets to Covid-era low as trade war stokes anxiety
Read full article: US consumer confidence plummets to Covid-era low as trade war stokes anxietyAmericansโ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19 as worries about the impact of tariffs take a heavy toll on consumer expectations for future growth.
Trump offers automakers some relief on his 25% tariffs, after worries they could hurt US factories
Read full article: Trump offers automakers some relief on his 25% tariffs, after worries they could hurt US factoriesPresident Donald Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts.
This summer at the movies, superheroes, from โSupermanโ to โFantastic Four,โ return
Read full article: This summer at the movies, superheroes, from โSupermanโ to โFantastic Four,โ returnSuperheroes are back in a big way this summer at the movies, with big offerings from both DC and Marvel.
Decision looming for Trump administration on first PFAS drinking water limits
Read full article: Decision looming for Trump administration on first PFAS drinking water limitsThe Trump administration is expected to soon say whether it intends to stand by strict drinking water standards for forever chemicals set last year.
Danish king arrives in Greenland as Trump eyes strategic Arctic island
Read full article: Danish king arrives in Greenland as Trump eyes strategic Arctic islandKing Frederik X of Denmark has arrived in Greenland to kick off a visit to the semiautonomous territory that U.S. President Donald Trump wants to annex because of its strategic Arctic location.
Power outages across Spain and Portugal affected millions. How to prepare for a major blackout
Read full article: Power outages across Spain and Portugal affected millions. How to prepare for a major blackoutA widespread blackout across Spain and Portugal upended the lives of millions of people across the Iberian Peninsula.