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AI tools lead to ‘clear racial disparities’ in job hiring
New Stanford-led study finds candidates that fail AI-hiring tests face ‘systemic rejection’ across companies
How Big Pharma Is Turning Industrial Heat Into A Strategic Asset
BusinessEnergyHow Big Pharma Is Turning Industrial Heat Into A Strategic AssetByKen Silverstein,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ken Silverstein analyzes the Energy Transition, AI and GeopoliticsFollow AuthorMay 26, 2026, 09:00am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.metallurgical plant smoke from chimneys industry drone photographygettyInside a pharmaceutic...
Boom Times For The Battery Energy Storage Market
NewslettersEditors' PickBoom Times For The Battery Energy Storage MarketThis week’s Current Climate newsletter also looks at Tesla’s ongoing reliance on California and a deal to supply clean hydrogen, generated underground, to power buses and trucksByAlan Ohnsman,Senior Editor. Senior editor covering cleantech and advanced mobilityfor Current ClimateFollow AuthorMay 26, 2026, 09:00am EDT@font-face{font-family: "Schnyder"; src: url("https://i.forbesimg.com/assets/fonts/schnyders/schnyders-bold-we...
Odisha govt rolls out two rural development schemes — what you need to know
Odisha has launched two ambitious rural development schemes, Model Village Mission and Mahapurush Adarsha Gram Yojana, to equip villages with urban-level amenities and foster inclusive growth. These initiatives aim to transform Gram Panchayat headquarters into self-sustaining hubs and holistically develop areas linked to eminent personalities, bolstering infrastructure and living standards across the state.
Insurance Underwriter Safepoint Seeks $283.3 Million in US IPO
Safepoint Holdings Inc., an underwriter of specialty homeowners and commercial insurance, is seeking to raise as much as $283.3 million in an US initial public offering.
Bessent’s Options Seen Limited to Halt Climb in Treasury Yields
Treasury Secretary Scott Bessent is facing what may become his biggest financial-market test yet, in the form of a steady increase in benchmark Treasury yields that’s generating economic headwinds and leaving him with few easy options.
Money, Speed, And Survivors: How The New FEMA Plan Will Hit Communities
InnovationSustainabilityMoney, Speed, And Survivors: How The New FEMA Plan Will Hit CommunitiesByMonica Sanders,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV.Follow AuthorMay 26, 2026, 08:45am EDTCHIMNEY ROCK, NORTH CAROLINA - OCTOBER 2: A civilian search and rescue team member, left, gives a hand to a member of NY Task Force One, a FEMA urban search and rescue team, as they hike alon...
Goldman Analysts Say UK Homebuilder Selloff Has Gone Too Far
Goldman Sachs Group Inc. says the selloff in UK homebuilder stocks has been excessive and investors are too pessimistic on the sector’s long-term profitability.
Kenya Plans $772 Million Green Bonds to Boost Agriculture Output
Kenya plans 100 billion shillings ($772 million) of green bonds to boost agricultural production, climate resilience and competitiveness.
Hark's $6 Billion Valuation With No Product Actually Makes Sense
InnovationAIHark's $6 Billion Valuation With No Product Actually Makes SenseByRenana Ashkenazi,Contributor.Forbes contributors publish independent expert analyses and insights. Managing Partner at Grove Ventures, investing in deep-tech and AIFollow AuthorMay 26, 2026, 08:30am EDTMira Murati raised $2 billion for Thinking Machines Lab before it shipped a product — one of several AI startups now valued in the billions pre-launch(Photo by Craig T Fruchtman/WireImage)WireImageLast week, Brett Adcock...
PGIM Backs $4 Billion of US Land-Bank Deals in Asset-Based Push
Prudential Financial Inc.’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the US homebuilding industry.
Oil price touches $100 a barrel as energy market may be past ‘point of no return’
Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’Business live – latest updatesOil has again touched $100 a barrel after fresh US strikes on Iran dashed hopes of a Middle East breakthrough, with experts saying that whatever the outcome of peace talks the global energy market may now be past the “point of no return”.News of the US attacks on missile launch sites and mine-laying vessels pushed the price of Brent crude past the...
Iran Threatens Retaliation After New U.S. Strikes—Hours After Nearing Peace Deal
BreakingBusinessIran Threatens Retaliation After New U.S. Strikes—Hours After Nearing Peace DealBySara Dorn,Forbes Staff. Sara Dorn is a Forbes news reporter who covers politics.Follow AuthorMay 26, 2026, 08:28am EDTToplineIran threatened to retaliate against the U.S. after it conducted so-called “self-defense strikes” against Iranian forces on Monday, escalating tensions amid a fragile ceasefire hours after President Donald Trump said negotiations to end the war were “proceeding nicely.” Demons...
First Thing: Huge climate cost of emissions from US immigration enforcement flights
Trump’s mass deportation campaign is accelerating the climate crisis. Plus, US students on why they booed their pro-AI graduation speakersGood morning.Donald Trump’s mass deportation campaign has spurred at least an 80% increase in immigration flights year over year, accelerating the climate crisis by emitting massive amounts of carbon dioxide, according to data analysis shared exclusively with the Guardian.How much carbon is ICE emitting through deportation flights? US Immigration and Customs E...
Global Bond Market Risks with Pooja Kumra
In a May 26, 2026 interview, Pooja Kumra, Senior European and UK Rates Strategist at TD Securities, discussed how global bond markets are reacting to higher oil prices, lingering stagflation fears, and fiscal concerns. She noted that recent yield moves are driven more by real yields than inflation expectations, with long-end bond markets carrying much of the stagflation premium. (Source: Bloomberg)
Markets Weigh Strait Reopening: Franklin Templeton's Dudley
Katrina Dudley, Senior Investment Strategist at Franklin Templeton, discussed the market's current focus on a potential de-escalation trade linked to the reopening of a key strait, which is critical for easing inflation pressures driven by elevated energy prices. She highlighted that persistent high oil prices, about $30 above pre-war levels for three months, are fueling inflation expectations and impacting consumers directly, as evidenced by sticker shock at gas pumps and rising grocery prices....
Elon Musk’s friend who lent Tesla $1 million could make big from SpaceX IPO
Elon Musk's close friend, Antonio Gracias, who once lent $1 million to a struggling Tesla, stands to gain billions from SpaceX's upcoming IPO. Gracias's firm, Valor Equity Partners, holds a significant stake, potentially worth over $90 billion. However, recent equipment lease deals between SpaceX and Valor, involving AI infrastructure, have raised corporate governance concerns and scrutiny over related-party transactions.
UK production faces major blow as Nissan axes electric car powertrain project in Sunderland
Nissan has confirmed that it will axe one of its key electric car manufacturing goals in the UK as part of a reset of its global strategy.The Japanese car giant will no longer localise the production of its 3-in-1 electric vehicle powertrain at its Sunderland facility.Jatco, a subsidiary of Nissan, officially opened its manufacturing plant on the International Advanced Manufacturing Park (IAMP) in January last year.It announced that it would produce a 3-in-1 EV powertrain for Nissan's Sunderland...
How To Keep Your Factory From Forgetting How To Run
BusinessManufacturingHow To Keep Your Factory From Forgetting How To RunByEthan Karp,Contributor.Forbes contributors publish independent expert analyses and insights. I write about transforming businesses through technology & innovation.Follow AuthorMay 26, 2026, 08:11am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.A new MAGNET report on managing manufacturing’s multigenerational workforce makes the risk plain: institut...
How to get your money back when a pair of expensive trainers doesn't last
Every week, we help a reader with their financial issue or consumer dispute in our Money Problem series. Today, we are tackling this one from Laura.