Editor's Note

Latest News Today provides comprehensive coverage and analysis of breaking news stories. This article is part of our ongoing coverage of business news, bringing you verified information from trusted sources with added context and expert perspective.

Why This Matters: Understanding the full context of this story helps readers make informed decisions and stay updated on developments that impact our community.

Business

Critical reports on our changing economy.


MORE FROM BUSINESS

2d ago

Few deals from Trump’s trip and no progress on Iran send global markets into a sell-off

U.S. crude oil jumped to more than $105 a barrel, a gain of 9% just this week.
A person walks past a gas station on Wednesday, May 6, 2026, in Portland, Ore.
A person walks past a gas station on Wednesday, May 6, 2026, in Portland, Ore.

3 tips from Zillow’s CEO that can help your home sell faster — and for more money

Jeremy Wacksman, CEO of the online real estate marketplace, has advice for homeowners looking to sell in today’s tough housing market.
Homes In California Ahead Of Mortgage Applications Figures
Homes In California Ahead Of Mortgage Applications Figures

Zillow CEO Jeremy Wacksman is preparing for the next revolution in real estate

“AI can be used for great things, but it could also be used to misrepresent what a house looks like,” he said.
Zillow website.
Zillow website.
2d ago

UAE to accelerate new oil pipeline project to expand ability to bypass Hormuz

The UAE and Saudi Arabia are the only Gulf producers with pipelines that export crude outside the Strait of Hormuz, while Oman has a long coastline on the Gulf of Oman.
Vessels in Strait of Hormuz
Vessels in Strait of Hormuz

Trump ethics filing reveals thousands of trades tied to U.S. stocks

The purchases included securities linked to Microsoft, Meta Platforms, Oracle, Broadcom, Bank of America and Goldman Sachs.
President Trump speaks
President Trump speaks
3d ago

Live Updates

Live Updates

China’s Xi warns Trump over Taiwan during Beijing summit; Vance campaigns in Maine

Trump also discussed the Iran war and the blockade of the Strait of Hormuz during the summit with Xi, Secretary of State Marco Rubio said.
CHINA-US-DIPLOMACY
CHINA-US-DIPLOMACY

AI chipmaker Cerebras soars 90% in year’s biggest IPO so far

The explosion in artificial intelligence stocks has been a primary driver of the overall stock market’s performance this year.
Cerebras Systems Inc. signage,
Cerebras Systems Inc. signage,
3d ago

Former Spirit workers claim they’re still owed pay and benefits, lawsuit says

The lawsuit claims former workers weren’t given the notice required under federal law known as the WARN Act.
Spirit Airlines Planes Sit Parked  At Phoenix Goodyear Airport After Airline Shuts Down
Spirit Airlines Planes Sit Parked  At Phoenix Goodyear Airport After Airline Shuts Down
3d ago

Why the prices of World Cup resale tickets are falling

Still, the average lowest-cost seat for the initial group stage is more than $500.
A FIFA World Cup ball on the pitch at Arrowhead Stadium on May 11, 2026 in Kansas City, Mo.
A FIFA World Cup ball on the pitch at Arrowhead Stadium on May 11, 2026 in Kansas City, Mo.

Senate confirms Kevin Warsh as Fed chairman; Trump arrives in China for Xi summit

President Donald Trump arrived in Beijing for a two-day summit with Chinese President Xi Jinping, who are expected to discuss trade, the war with Iran and Taiwan.
Donald Trump
Donald Trump
4d ago

Plane crashes off the east coast of Florida, leading to dramatic sea rescue of 11

Survivors spent five harrowing hours in a raft before they were plucked to safety in a “miraculous” rescue, officials said.
Orlando Melbourne International Airport.
Orlando Melbourne International Airport.

Latest on NBC News