Author: Editor-In-Chief
Workers make American flags ahead of the 2026 World Cup soccer tournament at a factory in Qingdao, Shandong province, China, May 28, 2026.- | AFP | Getty ImagesBEIJING – China’s manufacturing activity expanded at a faster-than-expected pace in May, according to a private survey released on Monday, but growth slowed from the previous month and contrasted with soft official data showing weak momentum in the sector.S&P Global’s Rating Dog China Manufacturing Purchasing Managers’ Business Index came in at 51.8, slightly higher than the 51.6 expected in a Reuters poll. This was down from 52.2 in April, indicating that the pace…
Jerome Powell said the US central bank, like any modern institution, is undergoing a “stress test.”Published June 1, 2026June 1, 2026Former US Federal Reserve Chairman Jerome Powell has warned against the politicization of monetary policy amid President Donald Trump’s repeated attacks on central bank independence.Chairman Powell said in a speech at an awards ceremony in Boston on Sunday that the Fed, like many other institutions, was undergoing a “stress test” during the Trump era.Recommended stories list of 4 itemsend of listPowell said Congress had “wisely” chosen to shield the central bank from political pressure and said other advanced economies have…
On Thursday, May 7, 2026, the crude oil tanker Sea Voyager anchored off the coast of Long Beach Port in Long Beach, California, United States.Tim Lu | Bloomberg | Getty ImagesOil prices rose on Monday after Israel ordered its troops to invade Lebanon, renewing concerns that a clash with the Iranian-backed Hezbollah group could threaten the fragile ceasefire between the United States and Tehran.brent crude oil futuresThe international benchmark rose 2.43% to $93.33 per barrel. West Texas Intermediate futures rose 2.76% to $89.77 per barrel.The escalation in hostilities after U.S.-brokered Israeli-Lebanon talks in Washington on Friday dampened hopes that the…
Nvidia CEO Jensen Huang speaks at Computex 2026 in Taipei, Taiwan, Monday, June 1, 2026. Computex is Asia’s largest electronics show, and in recent years has transformed from a PC show to a completely AI show.Yifei Lin/Bloomberg via Getty ImagesNvidia has emerged as the world’s most valuable company by dominating the data center AI chip market. Now the company is expanding its reach into chips that serve as the main processors in personal computers, entering a field long dominated by Intel. advanced micro deviceQualcomm and Apple.In his keynote speech at the Computex conference in Taiwan on Monday, Nvidia CEO Jensen…
Prime Minister Sanae Takaichi answers questions from reporters at the Prime Minister’s Office in Tokyo on May 25, 2026. Prime Minister Sanae Takaichi announced on May 25 that the government would create a supplementary budget of $19 billion to support households suffering from soaring living costs due to the Iran war. (Photo provided by Jiji Press / AFP via Getty Images) / Japan OUTStra | AFP | Getty ImagesPrime Minister Sanae Takaichi is formulating a supplementary budget to support household living expenses, but there are doubts as to whether he will be able to keep his pledge regarding the issuance…
SINGAPORE, SINGAPORE – MAY 30: Participants listen to a speech by U.S. Army Secretary Pete Hegseth during the 23rd IISS Shangri-La Dialogue held at the Shangri-La Hotel in Singapore on May 30, 2026. Senior defense and military leaders from across the Asia-Pacific region and beyond will gather at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue, one of Asia’s premier intergovernmental security forums. (Photo by Ezra Akayan/Getty Images)Ezra Akayan | Getty Images News | Getty ImagesAs Asia’s major defense summit comes to a close, leaders from around the world expressed their views on…
Efforts to raise the minimum wage have won in states across the country in recent years, with support from voters of both political parties. The issue is currently hotly contested in the deep red state, which is scheduled to vote in less than a month as part of the midterm election primary season.Oklahoma’s mid-June primary ballot measure (State Question 832) would raise the state’s minimum wage from $7.25 an hour, where it has been since 2009, to $12 an hour in 2027, $13.50 an hour in 2028, and $15 an hour in 2029, with the minimum wage increasing annually starting…
What are your hobbies? It’s a simple question, but one that bothers me. I’ve always been curious and interested in learning new things, and I’ve always had a hard time choosing one or two areas to focus on. After years of frustration, I finally decided that my hobby was “gathering new experiences” and made a plan. Every year I decide to do some new experiences that challenge and change me.In 2025 I decided to climb Everest. Well, almost.I signed up for an endurance event called the 29029 Challenge in Jackson Hole, Wyoming. The idea was to climb a small mountain…
Covertura in Spanish Right-wing outsider candidate Abelardo de la Espriela, who did surprisingly well, will face left-wing senatorial candidate Iván Cepeda in the run-off for Colombia’s presidency, setting the stage for a battle over the country’s political future and the direction of its relations with key international partners, including the United States. With more than 98% of votes counted, Mr. de la Espriela won the most votes with 43.73%, but he fell short of the absolute majority needed for an outright victory in the first round. Cepeda, who represents the left-wing Historical Accord Coalition, came in second place with 40.91%.…
Vladimir Vladimiroffi Plus | Getty ImagesUnder President Donald Trump’s One Big Beautiful Bill Act, student loan borrowers who take certain steps will soon have fewer paths to repayment and debt forgiveness. “Be very careful when taking out new student loans,” says Landon Wormund, a certified financial planner and certified student loan specialist with Reliant Financial Services in Kansas City, Missouri. Kathleen Boyd, a CFP and founder of Student Loan Savvy in San Diego, said people who took out federal student loans after July 1 are subject to a number of different rules included in a bill passed last year that…