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Bellwether Industrial Metal Copper Is Trading Like an AI Stock
Copper, famed for tracking shifts in the global industrial economy, is trading like a high-flying tech stock as investors bet that skyrocketing power use for artificial intelligence will fuel a surge in demand.
US Stocks Eye Longest Stretch of Weekly Gains Since 2023 | Bloomberg Brief 5/22/2026
The Pentagon weighs scrapping a conditional loan offer to rare-earths refiner ReElement Technologies amid an agreement that was meant to help break China's dominance on critical minerals. Shares of Spanish retail group Puig Brands drag as merger talks with Estee Lauder falls through. Priya Misra of JPMorgan Asset Management discussed the economic implications of a prolonged conflict in the Middle East. (Source: Bloomberg)
Opinion: Opinion | India's Oil Reserves: How Long Can They Last As Iran War Continues?
From a future energy security perspective, India will have to significantly enhance its SPR capacities from 17 days to a minimum of 45 days on land, with the possibility of another 10-15 days of SPR on sea on tankers.
Investec Eyes EU Bounty
Investec has applied for Ireland banking license as it seeks to boost its presence in Europe, and tap one of the world’s largest financial systems. Group CEO Fani Titi spoke to Bloomberg's Jennifer Zabasajja from London. (Source: Bloomberg)
Samsung’s memory chip employees negotiated $340,000 bonuses this year
48,000 Samsung workers had threatened to strike unless bonus caps were lifted. | Photo: Jung Yeon-je / AFP via Getty Images Details have emerged about a tentative deal struck between Samsung and semiconductor employees who had threatened to strike. The deal reportedly makes some workers eligible for average annual bonuses of $340,000. The proposed 18-day strike had hinged on Samsung's bonus cap for employees in the semiconductor division, and followed a substantial rise in the possible b...
Blue Jays’ Injury Mistake Costs The Team A $24 Million Season
BusinessSportsMoneyBlue Jays’ Injury Mistake Costs The Team A $24 Million SeasonByPeter Chawaga,Contributor.Forbes contributors publish independent expert analyses and insights. Peter Chawaga is a writer and editor covering Major League Baseball.Follow AuthorMay 22, 2026, 07:00am EDTTORONTO, ON - March 26 Ross Atkins is the EVP of baseball operation and GM and is seen speaking to the media.The Toronto Blue Jays held their media day at the Rogers Centre in MLB baseball action ahead of their home...
AI layoffs may be backfiring on companies
A lot of workers have had the same uneasy thought lately: "Is AI coming for my job?" It is a fair question. Companies keep talking about automation, AI agents and lower costs. Some workers hear that and wonder whether their next performance review will come with a chatbot-shaped shadow in the room.However, a new Gartner study suggests the story may be more complicated. Many companies are cutting jobs while adopting AI, but those cuts are not clearly producing better returns. Gartner says about 8...
Sprake: Markets Holding its Breath on Iran Shock
Asian stocks advanced on optimism the US-Iran talks could lead to a peace deal. Casey Sprake, Market Strategist at AG Capital spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa on the market reaction to a potential deal. (Source: Bloomberg)
Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts
Bill Winters faced backlash over remarks about some of near 80,000 staff set to lose roles to AIThe chief executive of Standard Chartered has apologised for referring to some of the almost 8,000 staff that are set to lose their jobs to artificial intelligence as “lower-value human capital”.Bill Winters offered the apology after a backlash over comments he made earlier this week as the London-headquartered lender became one of the first major global banks to lay out plans to cut about 7,800 back-...
New Report Reveals That Podcasting Now Grosses $9.2 Billion In Global Revenue
BusinessMediaNew Report Reveals That Podcasting Now Grosses $9.2 Billion In Global RevenueByFrank Racioppi,Contributor.Forbes contributors publish independent expert analyses and insights. Frank Racioppi is the owner of Ear Worthy, focusing on podcasts.Follow AuthorMay 22, 2026, 06:49am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Hernan Lopez, founder of Owl & Co, a management consulting firm servicing media, tech, and...
Why thousands of stock trades tied to Trump are raising eyebrows
The BBC's Michelle Fleury looks at trades disclosed by the president.
American billionaire Bill Ackman on why he sold all his Google stocks to buy Microsoft
Billionaire investor Bill Ackman has clarified that Pershing Square's sale of Alphabet (Google) shares was not a bearish call on the company. Ackman said his hedge fund offloaded its long-held Google stake to fund a fresh $2.1 billion Microsoft position, betting on the software giant's AI prospects, Azure cloud growth, and Copilot adoption after a steep stock decline this year.
OHB and KNDS Weigh Tweaks to Share Sale Timetables to Avoid SpaceX
Two companies planning major share sales in Europe are considering pushing back the launches of their deals to avoid the expected market melee around SpaceX’s record initial public offering in the US.
India RBI to Pay Record Dividend, Misses Market Estimates
India’s central bank will transfer 2.87 trillion rupees ($30 billion) to the government, a record but one that fell short of expectations even as the Iran war pushes up energy prices and strains public finances.
The $4.50 Gas Economy: Fewer Nights Out, More Belt-Tightening
Higher prices at the pump are making Avarisse Crawford rethink her spending. The 33-year-old has started scaling back her “fun budget,” meaning fewer steak dinners and happy hours with coworkers — instead she’s seeking out free activities, like going to the park.
Best Stocks To Buy Now For June 2026
Today’s StocksEditors' PickMoneyBest Stocks To Buy Now For June 2026ByCatherine Brock,Contributor.Edited bySophia Acevedo,Associate Editor.for Investor HubFollow AuthorsMay 22, 2026, 06:30am EDTTABLE OF CONTENTS10 Top Stocks To Buy Now For June 2026 1. Nvidia (NVDA)2. Microsoft (MSFT) 3. Berkshire Hathaway (BRK.B) 4. Eli Lilly (LLY) 5. Micron Technology (MU) 6. Visa (V) (H2)7. Mastercard (MA) 8. Chevron (CVX) 9. Netflix (NFLX)10. AbbVie (ABBV) Women checks stock performance while sitting at a ta...
The shocking death of Kyle Busch, plus another NHL upset
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning. We start today with heavy news. Coming up: 🙏 RIP, Kyle Busch 🏒 Montreal does it again 🗽 Knicks roll NASCAR star Kyle Busch is dead at 41, a sentence still hard to believe nearly a full day after the news broke. He leaves behind two children, ages 4 and 11, and a legacy like no other in racing. His death is shocking for both the sport he helped s...
Buyout Bankers Go Big on Debt Pre-Sales to Thwart Fickle Markets
Timing can make or break a leveraged debt sale. Get it right, and banks secure cheap financing for their client and maximize fees. Get it wrong, and they can end up with their profits — and reputation — on the line.
Hormuz crisis: Venezuela becomes India’s third-largest crude oil supplier in May
Venezuela has surged to become India's third-largest crude oil supplier this May, surpassing Saudi Arabia and the US. Indian refiners are boosting purchases of cheaper Venezuelan heavy crude due to its attractive economics and compatibility with complex refineries. This shift comes as West Asia conflict disrupts traditional shipping routes, prompting India to diversify its oil sourcing.
The 93+ absolute best Memorial Day sales worth shopping
Deals and SalesThere are thousands of Memorial Day sales, these 93+ are actually good: Deals on Supergoop, Apple and moreSome of our favorite products are deeply discounted for the holiday weekend.May 22, 2026, 6:00 AM EDTHarry RabinowitzTech ReporterSkip to table of contentsIt may not be Black Friday, but Memorial Day weekend is one of the best times to shop before summer hits. Amazon; Kara Birnbaum / NBC News; BrooklinenMemorial Day 2026 is here, and many of our favorite brands and retailers a...