The US Senate has confirmed former Fed Governor Kevin Warsh as the new central bank chief with a 54 to 45 vote. The vote followed party lines, with all Republicans voting for and all Democrats voting against the nominee of former President Trump.
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US President Donald Trump met Chinese President Xi Jinping in Beijing to discuss trade, Taiwan, and the Iran conflict. The leaders emphasized cooperation but warned of escalating tensions over Taiwan and nuclear control.
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Micron Technology’s stock soared 11% to an all-time intraday high on Tuesday as booming demand for memory chips, driven by artificial intelligence (AI)…
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Coinbase announced plans to eliminate 700 jobs, a 14% reduction in its workforce, citing challenging market conditions and the need to adapt to the "AI era."
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GameStop has made an unsolicited $55.5 billion bid to acquire eBay, offering $125 per share in a deal that would combine cash and stock while positioning the…
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A large-scale cyberattack has compromised the personal data of over 100,000 patients across Germany, with names, addresses, and medical details stolen. Experts warn the delayed notifications leave victims vulnerable to fraud and extortion.
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Austria's inflation rate climbed to 3.4% in April, driven by rising energy prices. Experts warn of further economic strain if the Iran conflict persists.
High FactualityGameStop has announced a $56 billion offer to acquire eBay, proposing $125 per share in a deal that would combine the video game retailer with the e-commerce…
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The European Commission unveiled plans to simplify cross-border rail travel with single-ticket bookings across operators. Meanwhile, Spain confirmed another hantavirus case linked to a cruise ship outbreak, bringing the total to 11.
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Verizon Communications Inc. closed at $47.44 per share on May 6, 2026, reflecting a challenging first quarter for the telecommunications giant.
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Major U.S. stock indexes hovered near flatlines Thursday as traders awaited updates on a potential agreement between the U.S.
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Hagerty's first-quarter earnings revealed significant growth across key metrics, with written premiums rising 18% year-over-year.
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Bullish has agreed to acquire Equiniti in a $4.2 billion deal, absorbing $1.
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A French court has found Air France and Airbus guilty of manslaughter in connection with the 2009 crash of flight AF447, which killed 228 people. The companies were fined €225,000 each and plan to appeal the verdict.
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The EU and US have agreed on a trade deal setting tariffs at 15% for most exports. The deal, which avoids a feared trade war, will remain in effect until the end of 2029.
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A new study reveals alarming levels of microplastics in popular baby food pouches from brands like Danone and Nestlé. Greenpeace calls for systematic testing of plastic-packaged baby food for microplastics and harmful chemicals.
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Agrana, the Austrian food and industrial goods conglomerate, posted a €35.6 million annual loss for 2025/26, driven by write-downs in its sugar business. The company's workforce shrank by 600 employees as it closed two sugar production sites in response to low market prices.
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A new EU cybersecurity directive will impact 17% of Austrian companies, according to credit protection association KSV1870. The law targets critical sectors like energy and food retail to bolster defenses against cyberattacks.
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Austrian Labor Minister Korinna Schumann advocates for a legally anchored right for part-time employees to increase their working hours. The proposal, tied to expanded childcare, faces opposition from business groups.
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Austrian Federal Railways (ÖBB) will deploy 47 additional trains during the Ascension and Pentecost holidays to accommodate increased travel demand. The expanded service includes extra trains on the Western route and doubled capacity on the Pyhrn Interregio line.
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