us Business
Oil Prices Rise on U.S.-Iran Standoff, as U.S. Inflation Jumps
President Trump has declared the cease-fire on “life support,” and investors are taking a cautious approach as the economic effects of the war become more apparent. Source link
CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans. Source link
The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products. Source link
EBay Rejects GameStop’s $55 Billion Takeover Bid
The online marketplace called the cash-and-stock proposal “neither credible nor attractive.” Source link
YouTube Plays Matchmaker for Sponsors and Stars
The company is trying to help streaming influencers, who are increasingly being wooed by competitors like Netflix and TikTok. Source link
China Increasingly Views Trump’s America as an Empire in Decline
For decades, many Chinese viewed the United States with a mix of admiration, envy and resentment. President Trump’s volatile second term shattered that image. Source link
Chinese A.I. Firms Push Beyond Nvidia as DeepSeek Turns to Huawei
Before this week’s U.S.-Chinese summit, Beijing reached a milestone in its quest for technological self-sufficiency. Source link
Dua Lipa Sues Samsung Over Use of Her Image on TV Packaging
The pop star is suing the electronics giant for more than $15 million, accusing it of using her image without authorization. Source link
NBC to Turn Wordle Into a TV Game Show, With Savannah Guthrie as Host
The word puzzle published by The New York Times is the inspiration for a game show that will begin airing next year. Jimmy Fallon is a producer. Source link