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The Latest Breaking News on Business

Ionna Is Slashing EV Charging Prices In Half For Memorial Day Weekend

From Friday through Monday, Ionna’s DC fast chargers might be the cheapest ones in America.

InsideEVs

Oil prices crash today: Why is Brent crude down big?

Oil prices on Tuesday: Brent futures for July were down $1.73, or 1.5 per cent, at $110.37 a barrel, while U.S. West Texas Intermediate crude for June delivery, which expires on Tuesday, slipped 63 cents, or 0.60 per cent, to $108.03.

The Economic Times

PS5 Buyers File Class-Action Lawsuit Against Sony Over Price Hikes

PS5 buyers file lawsuit against Sony over console price hikes tied to tariffs, seeking refunds after alleged overcharges.

Player One

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Oil prices slip as Trump calls off planned military strike on Iran

Oil prices fell on Tuesday as Donald Trump announced he was calling off a planned military attack on Iran.

Euronews

Soybeans fall as China summit leaves US farmers seeking details

Soybean futures dropped, reflecting market skepticism about the vague assurances. While China pledged "double-digit billion" annual purchases, farmers await specifics on volumes and timing, hoping for relief from economic pressures.

The Economic Times

Record-high pricing pushes SSD and memory makers to borrow $880 million just to afford buying chips — Adata, TeamGroup, and others take on substantial debt to survive shortages

Adata is the largest single borrower in the group, having completed a NT$2 billion convertible bond issuance and secured NT$12 billion in bank loans.

Tom’s Hardware

US Stock Market: Foreign holdings of US Treasuries fall in March as Japan, China cut exposure

Foreign holdings of U.S. Treasuries dipped in March to $9.348 trillion, down from a record high, as major investors like Japan and China reduced their exposure. Despite this monthly decline, overall foreign investment in U.S. financial assets remained robust, with significant inflows into corporate bonds and continued interest in equities.

The Economic Times

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Oil Price Today (May 19): Crude oil retreats from $110 as Trump delays planned strike on Iran. Where are prices headed?

Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.

The Economic Times

Gold steady on weaker dollar after Trump pauses planned Iran attack

Gold prices stabilized as a weaker dollar and falling oil prices eased inflation worries, following President Trump's decision to pause an attack on Iran. This move, aimed at fostering negotiations, has impacted the precious metal's market dynamics. Meanwhile, other precious metals like silver, platinum, and palladium also saw declines.

The Economic Times

Dollar Slips as President Trump Cancels a Planned Attack on Iran

The dollar index (DXY00 ) fell from a 1.25-month high on Monday and finished down by -0.25%. The dollar gave up overnight gains on Monday and turned lower following reports that the US proposed a temporary waiver of sanctions on Iran's oil. Also, comments on Monday afternoon from President Trump...

Barchart

IT navigates all-new ‘pay-to-play’ AI token landscape

As AI adoption grows, IT service providers and clients are grappling with calculating the cost-benefit of token usage. With a shift towards usage-based models, companies are focusing on measuring the actual business impact of AI spend, acknowledging that direct one-to-one benefits aren't always guaranteed during this innovation phase.

The Economic Times

Do Wall Street Analysts Like Equity Residential Stock?

Despite Equity Residential's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

Another top WordPress plugin exploited — hackers target credit card details, here's what you need to know

Funnel Builder WordPress plugin is being exploited to steal people's credit cards but the flaw has since been patched.

TechRadar

'The company’s current business model is unsustainable': CEO of Bitcoin ATM operator blames increasing regulation for bankruptcy

"Operators have faced increasing litigation and regulatory enforcement."

PC Gamer

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Barchart

Are Wall Street Analysts Predicting Old Dominion Freight Line Stock Will Climb or Sink?

Despite Old Dominion Freight Line’s underperformance relative to the SPX over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

The Independent UK

Pizza Hut’s AI rollout has caused franchisee to lose $100 million, lawsuit claims

Chaac Pizza Northeast has accused Pizza Hut of forcing the franchisee to use its AI-based delivery system that caused ‘cascading operational breakdowns’

Barchart

Hormel Foods Stock: Is Wall Street Bullish or Bearish?

Hormel Foods has underperformed the broader market over the past year, and analysts remain skeptical about the stock’s prospects.

Saving Advice

Property Tax Revolt Brewing: Home Values Up 27% Above Inflation Since 2020—Is Your State Next?

Homeowners across America are opening property tax notices and wondering how they are supposed to keep up. Even people who bought modest homes years ago...

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news in one place.

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Barchart

Dollar Falls as Crude Prices Slide and Stocks Rebound

The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude oil prices retreated following reports that the US proposed a temporary waiver of sanctions on Iran’s oil. Lower crude prices lower inflation...

Barchart

Lennar Stock: Is Wall Street Bullish or Bearish?

Lennar has underperformed the broader market over the past year, and analysts are moderately pessimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Allstate Corporation Stock?

Allstate Corporation has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Texas Pacific Land Stock Outlook: Is Wall Street Bullish or Bearish?

Texas Pacific Land has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.

Barchart

C.H. Robinson Stock: Analyst Estimates & Ratings

Although C.H. Robinson has outperformed the broader market over the past year, Wall Street analysts continue to maintain a measured yet optimistic outlook on the stock’s future prospects.

Barchart

Erie Indemnity Stock Outlook: Is Wall Street Bullish or Bearish?

Although Erie Indemnity has underperformed the broader market over the past year, Wall Street analysts continue to maintain a cautious outlook on the stock’s near-term prospects.

International Business Times UK

Jury Throws Out Musk's OpenAI Lawsuit in Under Two Hours, Clearing Path for Sam Altman's IPO

A jury in Oakland dismissed Elon Musk's lawsuit against OpenAI, citing statute of limitations, clearing the way for OpenAI's planned trillion-dollar IPO in 2026.

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