Author: Editor-In-Chief
summary A gas explosion at a coal mine in northern China has killed at least 82 people, making it the country’s deadliest mining disaster in more than a decade. Rescue efforts have been complicated by inaccurate underground maps and a lack of GPS tracking devices, forcing teams to search all the tunnels beneath the flooded site. Chinese leader Xi Jinping has ordered a thorough investigation and accountability, but local officials claim the mining company committed serious legal violations. AI-generated summaries were reviewed by CNN editors. Beijing — A gas explosion at a coal mine in northern China has killed at…
Rolfo | Moments | Getty ImagesThis summer, mega-artist Harry Styles will take the stage at New York City’s Madison Square Garden for an exclusive 30-show residency. This is the only performance he has scheduled in the country, and it is a show that has attracted strong attention since its announcement.Despite her best efforts, Sheila Elfasy is not there.”His ticket was ridiculous,” Elfathy, 29, told CNBC. “It felt like an insult to go in and see that not only could you not get in, not only were there no tickets left, but still, the most basic price for a nosebleed seat…
A ship remains anchored in the Strait of Hormuz near Larak Island, Iran, on May 16, 2026. Negotiations between the United States and Iran over the opening of the vital waterway have largely stalled as the two sides mutually reject proposals to end the war that began when the United States and Israel attacked Iran on February 28.Majid Saidi | Getty Images News | Getty ImagesThe Financial Times reported on Saturday that mediators believe they are close to a deal that would extend the ceasefire between the United States and Iran for 60 days and establish a framework for nuclear…
summary U.S. and Iranian officials have indicated they may be close to agreeing on a framework to end the war following mediation talks in Tehran. Secretary of State Marco Rubio said diplomatic efforts continue behind the scenes and news could arrive within days. Important disagreements remain over Iran’s enriched uranium stockpile and navigation through the Strait of Hormuz. AI-generated summaries were reviewed by CNN editors. US President Donald Trump said on Saturday that he would meet with senior advisers later in the day to consider Iran’s latest offer and could decide by Sunday whether to resume military action against Iran.…
Travelers walk through a terminal at Ronald Reagan Washington National Airport on May 1, 2026.Leslie Josephs | CNBCRising fuel prices are testing how much consumers want to travel this summer, whether by plane or car.Airfares haven’t been this high since May 2022, when airlines emerged from the pandemic with a shortage of aircraft and employees and faced a swarm of consumers looking to take “revenge travel.” Gasoline prices are above $4 a gallon and could approach $5 a gallon this summer, AAA warned this week.Jet fuel prices doubled in less than three months after the United States and Israel attacked…
Two years ago, IBM noticed one glaring gap in its roster of sports partnerships. That’s F1. F1 has become one of the most popular sports in the world, especially in the US, where Netflix’s Drive to Survive chronicles the working lives of F1 drivers and turned them into mainstream celebrities. This tech-centric sport has also become a hot topic for technology companies like AWS, Oracle, and Anthropic, who partner with teams for sponsorship visibility and provide data analytics and AI tools to improve their competitiveness. So when IBM started looking for its next major sports partnership, it’s no wonder it…
(This is the Warren Buffett Watch newsletter, news and analysis about Warren Buffett and Berkshire Hathaway. Sign up here to receive it in your inbox every Friday night.)Mysteries remain in Berkshire’s portfolio updateThe large decline in the number of shares in Berkshire Hathaway’s stock portfolio revealed in last Friday’s first-quarter 13F SEC filing was perhaps larger than expected, but it wasn’t a complete surprise.The Wall Street Journal previously reported that new CEO Greg Abel plans to sell many or all of the stocks previously managed by Todd Combs, who left for JPMorgan late last year.It’s hard to explain how the…
Inflation concerns have sparked online “dating inflation” discussions as social media users react to the shocking statistic that millennials spend an average of $252 on a date. The numbers, reported by CNBC in April, are based on BMO Financial Group’s 2026 BMO Real Financial Progress Index. According to BMO research, the average “all-in” spend on a date in the U.S. (which includes pre-date grooming, gas, and the date itself) is $189, an increase of 12.5% from last year. This far exceeded the 2.7% rise in inflation over the same period, which the report called “date inflation.”Millennials report the highest average…
In a technology industry that prioritizes speed, delivering fully responsible and reliable technology is a near-impossible imperative. But that doesn’t mean some companies aren’t trying. Following the Trump administration’s March 20 enactment of a national AI legislative framework that prioritizes “winning the AI race,” technology developers are facing a tension between a shared ethos to move quickly and break things and strategically implementing responsible technology frameworks from the outset. In many cases, moving forward has taken over the driver’s seat, and the cost is becoming clear. Microsoft’s own recognition that AI-generated code often abandons accessibility makes human oversight and iteration…
As negotiations over Iran’s war draw the line, a notorious Iranian commander who is sanctioned by the United States and wanted by Interpol is helping the Iranian government plan its next move. Brigadier General Ahmad Vahidi, commander of the Iranian Islamic Revolutionary Guards Corps (IRGC), assumed the post after his predecessor, Mohammad Pakpour, was killed in a US and Israeli airstrike on February 28, the first day of the war. Vahidi, who has been sanctioned by the United States for his role in cracking down on protests in the country and wanted by Interpol for his role in the Argentina…