Author: Editor-In-Chief
Video taken by drone of the Valero Houston Refinery in Pasadena, a suburb of Houston, Texas, on May 12, 2026. Reuters/Shahzad LasekShahrzad Lasek | ReutersOil prices were mixed on Tuesday as U.S. military operations in southern Iran and President Donald Trump’s mixed messages on Iran-U.S. negotiations spooked traders.In Asian trading, international benchmark Brent crude oil July futures rose 1.6% to $97.72 per barrel, while U.S. West Texas Intermediate June futures fell 5.4% to trade at $91.38 per barrel.The U.S. military said it “conducted self-defense strikes in southern Iran today,” targeting ships believed to be attempting to deploy mines and missile…
Summary South Korea’s film industry is turning to artificial intelligence to cut production costs amid declining box office sales. The government has earmarked millions of dollars of funding for productions using technologies including AI. Some warn that AI could replace jobs and erode the human touch that made Korean cinema iconic. AI-generated summary was reviewed by a CNN editor. EDITOR’S NOTE: K-Everything: A CNN Original Series is hosted by Daniel Dae Kim and explores the global impact of South Korean culture. You can now watch the series on CNN International, CNN All Access and HBO Max. Globally, Korean content is…
Karshi and Polimarket.Gabby Jones Bloomberg | Martin Lelièvre | Getty ImagesAccording to Evercore ISI strategists, a high volume of short-term markets that ask simple questions with clear solution rules make prediction markets a useful formula for prediction.Led by Julien Emanuel, they found that high-volume contracts produced more reliable probabilities than shallow markets. Similarly, contracts closer to the end date showed higher probabilities compared to long-term contracts. Despite the growth, they avoided calling prediction markets their North Star. “Their limitation is that they do not discover the future so much as reveal what the crowd believes,” the strategists wrote in a…
Traders work on the floor of the New York Stock Exchange during morning trading on April 17, 2026 in New York City. Michael M. Santiago | Getty ImagesStock futures soared Monday night as oil prices fell and hopes grew that a resolution to the U.S.-Iran war was within reach. Dow Jones Industrial Average Futures It received 441 points (0.9%). S&P500 futures rose 0.9%, Nasdaq 100 futures It advanced by 1.2%. US stock markets were closed on Monday for a public holiday.President Donald Trump said Monday that negotiations with Iran to end the war are “progressing well.” However, he warned that…
Hello, I’m Evelyn. I am writing to you from Beijing. Welcome to the latest edition of The China Connection. This is a concise summary of what I have seen and heard from local companies.Now that the Trump-Xi summit helped curb tariffs, Chinese companies and U.S. representatives alike are trying to take full advantage of the extended ceasefire to advance deals. But is that enough to overcome data security and brand hurdles?big story”The worst is over” for companies navigating U.S.-China tensions, Zou Ping, co-founder of AI Speech, told me in Suzhou last week. That was just days after he returned from…
President Donald Trump’s administration has doubled down on its push to lift a court ruling barring progress on a new White House ballroom, again citing gun violence as a reason to push ahead with construction.In a court filing Sunday, Acting Attorney General Todd Blanche argued there was an “urgent need” for the ballroom to be completed.Recommended stories list of 3 itemsend of list”This is a terrible and extremely harmful event for the United States of America and everything it stands for!” Blanche wrote, condemning the lawsuit that halted construction.As justification, Blanche cited an incident last Saturday when a 21-year-old suspect…
A large number of dead fish in the Chattahoochee River west of Atlanta were reported Friday by the environmental nonprofit Chattahoochee Riverkeeper. Chattahoochee River Conservator Executive Director Jason Ulseth told CNN he discovered the dead fish while out on patrol in the river Friday morning. Ulses estimates thousands of fish, some weighing 20 to 30 pounds, are dead along about 20 miles of the river on the western border of Fulton County. He found spotted bass, catfish, carp, shad, and striped bass floating, scattered along the shore, or caught in debris piles and low-hanging tree branches. Urses said an unidentified,…
Since reports began to emerge about a possible deal with Iran, pro-Israel supporters in the United States have warned President Donald Trump not to sign the deal.Hawks, including some prominent senators, have voiced opposition to any deal that fails to eliminate, or at least significantly weaken, Iran’s political leadership and destroy its military.Recommended stories list of 3 itemsend of listBut some critical voices softened their tone after President Trump suggested more Arab countries could establish formal relations with Israel as part of the deal.U.S. Sen. Lindsey Graham was one such politician. On Saturday, Mr Graham, a vocal supporter of the…
Pope Leo XIV published his first encyclical on Monday. The book, entitled Magnifica Humanitas, is about the protection of humans in the age of artificial intelligence. And while AI is the hook, the problems Leo focuses on are older and more widespread. Inequality, war, erosion of democracy, and the concentration of power in the hands of people who don’t necessarily care whether humanity remains great. Throughout the 200-page document submitted by the Pope with Chris Oler, co-founder of the AI company Anthropic, Leo argues that technology built and controlled by a small elite does not, by definition, serve the public…
Mexico’s President Claudia Sheinbaum has announced that her country will host the Iranian national soccer team at the upcoming FIFA World Cup, citing tensions with the United States.Scheinbaum said Monday that international soccer governing body FIFA approached Mexico about hosting Iran after the United States said it did not want to do so.Recommended stories list of 3 itemsend of list”There is no reason to rule out the possibility of them remaining in Mexico,” Sheinbaum said at a daily news conference.Previously, Iran was scheduled to play all three group stage matches in the United States.However, US President Donald Trump’s administration previously…