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Singapore’s Royal Group Taps Minor Hotels to Operate Landmark London Property
Singapore-based Royal Group, controlled by billionaire Asok Kumar Hiranandani, has selected Minor Hotels, part of Thailand’s Minor International led by William Heinecke, to operate its first hotel project in London.…
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California accuses Amazon of pushing rivals to raise prices
California officials allege Amazon may have quietly driven up prices across the internet by pressuring retailers and brands not to undercut its listings, according to newly unsealed court evidence. The…
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Kevin Warsh would be one of the wealthiest Fed chairs ever and says he ‘lived the American Dream.’ Here’s what he wants for the central bank
Two sides of Kevin Warsh were presented to the world at his Senate Banking Committee hearing this morning. From the Republicans, a “battle-tested” economist, ready to step into the role…
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Trump officials whisper that his Truth Social posts about Iran risk killing peace talks
A thing gripped the internet in 2025: nostalgia for the supposedly golden era of 2016, coincidentally the last year before Donald Trump ever became president of the United States, either…
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President Trump Opposes United–American Merger Ahead of United Airlines Earnings
President Donald Trump said Tuesday he would oppose any merger between United Airlines Holdings Inc. (NASDAQ: UAL) and American Airlines Group Inc. (NASDAQ: AAL), signaling clear resistance to further consolidation…
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Shekel Strength Raises Question: Is It Time to Buy Dollars?
Israel’s surging currency is forcing investors to confront a key question: does the sharp decline in the shekel-dollar exchange rate present a buying opportunity for U.S. assets, or signal a…
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Bitcoin Tests $78,000 Resistance as Analysts Watch for Breakout or Rejection
Bitcoin is approaching a critical technical level near $78,000, with market participants closely watching whether the world’s largest cryptocurrency can sustain a breakout or faces another rejection at a key…
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Expert rips ‘irresponsible’ AI study over blackmail scenarios
Concerns about artificial intelligence behaving unpredictably are gaining attention following a recent experiment involving leading AI models, though experts remain divided on what the findings actually demonstrate. President’s Council of…
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U.S., Iranian officials signal that more cease-fire talks will go ahead in Pakistan
The United States and Iran have signaled they will hold a new round of ceasefire talks in Pakistan, two regional officials said Tuesday, as leaders on both sides warned they…
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The Trump administration has yet to deploy a key legal move that would render tariff refund applications a ‘waste of time,’ federal litigator warns
Leading up to Monday, when the Trump administration launched its online tariff refund portal, Lynlee Brown, EY partner of global trade, said she had importers texting her, somewhat incredulous the…
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This is not an Onion headline: The Onion wants to acquire Infowars from Alex Jones’ bankruptcy proceedings
The satirical news outlet The Onion is back with a new plan to take over the Infowars platforms of conspiracy theorist Alex Jones as his company faces liquidation over more than $1 billion in…
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John Ternus, the man stepping into Tim Cook and Steve Jobs’ shoes, is a 25-year Apple veteran with zero LinkedIn posts
Apple’s next CEO John Ternus is a company veteran who rose through the iPhone maker’s hardware engineering ranks but until now has maintained a low profile. Ternus will take over as…
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Here’s what Warren Buffett, Sam Altman, Donald Trump, and everyone else has to say about Tim Cook stepping down
Apple’s entering a new era. The company announced on Monday that CEO Tim Cook will be stepping down and John Ternus, Apple’s current senior vice president of hardware engineering, will…
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Uber hit with $5,000 jury verdict for driver’s creepy behavior; company vows to appeal
Rideshare giant Uber is liable for the behavior of a driver who grabbed the inner thigh of a passenger as she was leaving the front seat of his car and…
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How Trump’s war screwed you out of your Trump tax refund: Wall Street has the receipts
The promise was simple and seductive: pass the One Big Beautiful Bill, flood American wallets with historic tax refunds, and watch the consumer economy roar. For a few weeks this…
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Canada to Test Elbit’s Hermes 900 Starliner Drones for Arctic Coast Guard Missions
Canada will test Elbit Systems’ Hermes 900 Starliner unmanned aerial vehicles this summer as part of Coast Guard operations in the Arctic, according to CBC, as Ottawa moves to strengthen…
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Apple just named its next CEO—and Tim Cook is passing down the same advice Steve Jobs once gave him
Apple just named its next CEO, who will be taking the reins from Tim Cook this fall: longtime insider John Ternus. He inherits the $4 trillion company that became a…
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JetBlue told a grieving customer to clear his cookies after a $230 price hike—then deleted the evidence
You know all the tricks. Search for flights on a Tuesday only. Switch your VPN to a different country. Open incognito mode and clear your browser. Apparently, so does JetBlue. …
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Apple is slipping on Tim Cook’s exit. Wall Street says buy anyway
Tim Cook is handing Apple to its hardware chief, John Ternus. Wall Street is fine with it; Main Street, less so. The stock fell nearly 1% to around $270 after…
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DOJ reportedly pursuing criminal antitrust probe of major meatpacking companies
The Justice Department is reportedly pursuing a criminal antitrust investigation of large meatpacking companies after President Donald Trump called for them to face a probe over the higher prices facing…
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JPMorgan Raises S&P 500 Target as ‘Mythos’ Model Strengthens AI Trade
JPMorgan has raised its outlook for the S&P 500, pointing to strengthening momentum in the artificial intelligence trade and the firm’s proprietary “Mythos” model, which signals continued upside driven by…
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Trump Signals He Will “Remember” Firms That Forgo Tariff Refunds After Supreme Court Ruling
WASHINGTON — President Donald Trump said Tuesday he will “remember” U.S. companies that choose not to seek refunds on tariffs imposed under emergency powers that were recently struck down by…
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UnitedHealth Reports Strong Quarterly Turnaround, Raises Full-Year Outlook
UnitedHealth Group delivered stronger-than-expected first-quarter results and lifted its full-year guidance, signaling momentum in its turnaround strategy and boosting investor confidence following last year’s earnings disappointment. The healthcare giant reported…
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Costco plans major growth push, targeting 30 new locations annually
Costco is betting big on a massive global expansion strategy, aiming to open 30 new warehouses annually over the next decade. Driven by a combined goal to fix overcrowded stores…
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BofA’s Doan Says Hungarian Bonds to Rally on Bid to Join Euro
Hungarian government bonds are poised to extend their rally as Prime Minister-elect Peter Magyar signals a decisive shift toward euro adoption and closer alignment with the European Union, a stance…
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Starbucks Workers Resist Relocation to $100 Million Nashville Hub
Starbucks is facing internal resistance from employees over its plan to relocate staff to a new $100 million corporate hub in Nashville, highlighting growing tensions between corporate restructuring efforts and…
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U.S. forces board an oil tanker previously sanctioned for smuggling Iranian crude oil
U.S. forces have boarded an oil tanker previously sanctioned for smuggling Iranian crude oil in Asia, the Department of Defense said Tuesday. In a social media post, the Pentagon said…
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Scientists are burning homes to protect them in wildfires: ‘We crash test houses’
It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window and working under the eaves to burn everything inside. Weeks…
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Warsh Faces Senate Grilling as Geopolitical Risk Rattles Markets
WASHINGTON — The Senate Banking Committee on Tuesday pressed Kevin Warsh, President Trump’s nominee to lead the Federal Reserve, in a closely watched confirmation hearing unfolding against a backdrop of…
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‘They’re sweating’: Why Japanese giants are pouring money into Silicon Valley startups
Japan has long gone its own way on technology, even inspiring its own term, “Galapagos syndrome,” for products and services that thrive at home yet go nowhere abroad. Now, the…
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Trump Says U.S. Will Get Along With Anthropic After Pentagon Spat
President Donald Trump signaled a de-escalation in tensions between the U.S. government and artificial intelligence firm Anthropic, saying Washington expects to “get along very well” with the company following a…
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How the Federal Reserve shapes your wallet – and why it matters right now
When it comes to what Americans can afford, no institution looms larger than the Federal Reserve. The nation’s central bank doesn’t set the price of groceries, cars or homes directly.…
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U.S. Retail Sales Surge by Most in a Year as Spending Extends Beyond Gas
U.S. retail sales posted their strongest monthly gain in over a year, signaling continued resilience in consumer spending even as higher prices and geopolitical uncertainty weigh on broader economic sentiment.…
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Current price of oil as of April 21, 2026
As of 8:45 a.m. Eastern Time today, oil is trading at $96.32 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s 6 cents above yesterday morning’s…
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America’s ‘silent army’ of skilled tradespeople are retiring with no one to replace them—and the price tag could hit $1 trillion a year
The workers who keep America’s buildings running are disappearing—and the U.S. isn’t replacing them fast enough to keep the lights on, the servers cool, or the labs sterile. By 2030,…
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Stripe and Paradigm-backed blockchain Tempo launches advisory unit to promote stablecoin adoption
Tempo, the new blockchain backed by payments company Stripe and VC firm Paradigm, has launched a “stablecoin advisory” to help businesses and financial institutions adopt stablecoins. The advisory operation pledges…
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Gold Slump Fails to Deter Institutional Bets on Currency Debasement
Gold’s recent pullback has failed to shake institutional conviction, with major investors continuing to position for long-term currency debasement despite heightened volatility driven by geopolitical tensions and shifting rate expectations.…
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Fermi’s CFO resigns—just two days after the CEO stepped down
Good morning. In October, Fortune reported that former U.S. energy secretary and Texas governor Rick Perry’s AI power startup Fermi “went from nonexistent to an October IPO with a mammoth…
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Inside Kevin Warsh’s opening statement: Inflation is a choice, independence is essential, and a couple of notable name drops
In a matter of hours, former Fed Governor Kevin Warsh will appear before the Senate Banking Committee in his first real test as a would-be central bank chairman. Warsh, with…
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The $100 oil shock is hitting the middle class like a margin call
Wall Street sees an oil shock and asks what it means for inflation, the Fed, and energy stocks. Households see an oil shock and ask a very different question: How…
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Exclusive: Startup Humble debuts cabless autonomous truck targeting $900 billion U.S. freight industry
The autonomous vehicle wave has its newest entrant. Humble, a San Francisco-based startup, emerged from stealth today with a $24 million seed round and a fully electric autonomous freight vehicle…
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Tim Cook is stepping down. No one is shocked. And that’s a good example of how his critics always underestimated him.
Good morning. On Fortune’s radar today: Tim Cook’s critics always underestimated him. Markets: So far, so good. Fed chair nominee Kevin Warsh’s $7 trillion plan for the bond markets. Trump…
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How does Fed chair nominee Kevin Warsh view the central bank’s inflation goal?
Kevin Warsh is set to testify on Tuesday about his nomination to be chairman of the Federal Reserve, with senators likely to press him on his views of the Fed’s…
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What happens if nothing is done to fix Social Security by 2032?
Social Security is not going bankrupt, but it is approaching a major funding shortfall that could affect millions of Americans if Congress does not act. For most retirees, Social Security…
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Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
In today’s CEO Daily: Diane Brady explains how Apple’s handoff fits into this year’s extraordinary CEO turnover. The big leadership story: Kevin Warsh on the hot seat. The markets: Up…
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Who is Kevin Warsh, Trump’s pick to succeed Jerome Powell as Fed chair?
As President Donald Trump‘s nominee to lead the Federal Reserve, Kevin Warsh is stepping back into the spotlight – and in the hot seat – as he faces lawmakers Tuesday…
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U.S. Energy Sec says gas prices have likely peaked, but won’t go below $3 until 2027. Trump says he’s ‘totally wrong’ about the timeline
After U.S. gas prices soared to over $4 a gallon this month, Americans are cautiously exhaling a long-held breath that they’ve been holding for weeks since the Iran war began. …
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Meet Blackstone’s ‘accidental influencer’ who made LinkedIn jogs Wall Street’s must‑watch content
It is nine degrees on a Sunday in January, and while most New Yorkers are hunkered down during New York City’s largest snowfall in years, Blackstone’s president and chief operating…
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Spirit Airlines Seeks U.S. Lifeline as Trump Administration Weighs Potential Equity Investment
Spirit Airlines is in active discussions with the Trump administration over potential government support, including a possible equity investment, as the struggling ultra-low-cost carrier works through bankruptcy and attempts to…
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Hillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment
Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old advisory firm best known for its Asia Briefing intelligence platform. The deal…
2026-03-11