EBay Turns Down GameStop’s $55.5 Billion Takeover Proposal
By Andrew Moran EBay has turned down videogame retailer GameStop’s $55.5 billion takeover proposal. The online marketplace, in a May 12 letter, called GameStop’s acquisition...
Trump Nominates Lake, Mastriano to Diplomatic Posts
By Kimberly Hayek President Donald Trump on Monday announced a slew of nominations sent to the U.S. Senate, including two of his most recognizable supporters...
Treasury Department Alerts US Banks to Suspected Iranian Money Laundering Efforts
By Victoria Friedman The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on May 11 issued an alert to financial institutions warning them of efforts...
Gas Prices Lift US Annual Inflation Rate to 3.8 Percent Highest Since May 2023
By Andrew Moran Consumer prices accelerated for the second straight month in April as the war in Iran added to renewed inflationary pressures. The annual...
Uk borrowing costs spike to 18-year high as Starmer leadership crisis spooks markets
The cost of UK government borrowing climbed to its highest level in nearly two decades on Tuesday, as mounting speculation over the future of Prime...
Starmer moves to nationalise British Steel as commercial rescue collapses
Sir Keir Starmer has confirmed that British Steel will be taken into full public ownership, ending months of speculation about the future of the loss-making...