United States · Business
Same event, multiple sources, transparently cited.
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US Judge Dismisses Human Smuggling Charges Against Kilmar Abrego Garcia Citing Vindictive Prosecution
US District Judge Waverly Crenshaw dismissed human smuggling charges against Kilmar Abrego Garcia on May 22, 2026, citing retaliatory prosecution.
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US Consumer Sentiment Hits Record Low of 44.8 in May amid Inflation and Iran Conflict
The University of Michigan reported the May 2026 consumer sentiment index dropped to 44.8, the lowest since 1952, reflecting inflation and Iran war concerns.
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Apple asks US Supreme Court to review contempt ruling in Epic Games App Store case
Apple petitioned the US Supreme Court to review a contempt order tied to its App Store fees on external payments.
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IMAX Holds Preliminary Sale Talks, CEO Signals Openness to Deal
IMAX conducted early talks with potential buyers, with CEO Rich Gelfond open to a sale amid rising shares and strong box office growth.
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Walmart warns slower sales growth and possible price hikes as US gas hits $4.56 per gallon
Walmart reported strong Q1 profits but warned high fuel costs are slowing sales growth and may force price increases later in 2026.
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Wall Street opens lower as Iran blocks uranium shipments, oil volatility rises
Wall Street main indices opened lower on May 21 after Iran's Supreme Leader barred uranium exports, pushing oil prices volatile amid US-Iran tensions.
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AvalonBay Communities and Equity Residential agree to merge in $50 billion all-stock deal
AvalonBay Communities and Equity Residential announced their merger to create a giant apartment REIT with over 180,000 units.
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Elon Musk’s SpaceX pay package ties $760 billion award to Mars colony and $7.5 trillion valuation
SpaceX CEO Elon Musk was granted a performance-based compensation package worth up to $760 billion linked to market value and a Mars colony milestone.
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Global oil inventories fall at record pace in May as US gas prices hit multi-year highs
Global oil stockpiles shrank by 8.7 million barrels per day in May amid Middle East conflict, pushing US gasoline prices above $4.50 per gallon.
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Bond traders price in Federal Reserve rate hike by end of 2026 under Chair Warsh
Bond traders expect at least one Federal Reserve interest rate hike by end of 2026 as Kevin Warsh takes over as Fed Chair.
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Volvo launches EX60 electric SUV with U.S. prices starting at $58,400
Volvo revealed its new EX60 all-electric SUV with U.S. pricing and summer 2026 delivery plans, plus a new affordable EV for 2027.
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Goldman Sachs to pay $500 million to settle 1MDB shareholder lawsuit
Goldman Sachs agreed to pay $500 million to settle a class action accusing it of defrauding shareholders in the 1MDB scandal.
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Oura files confidential IPO with $11 billion valuation after strong sales growth
Oura filed a confidential IPO prospectus with the SEC, valuing the smart ring maker at $11 billion following rapid revenue growth and 5.5 million rings sold.
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Stellantis unveils $70 billion five-year plan targeting turnaround by 2028
Stellantis announced a 60 billion euro strategic plan to achieve positive cash flow by 2028 and launch over 60 new vehicles by 2030.
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Iran war sparks sharp rise in global bond yields and weakens Asian currencies
The Iran war has pushed oil prices up 40%, driving bond yields higher worldwide and weakening Asian currencies since February 2026.
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Nvidia reports record $81.6 billion revenue led by $75.2 billion data center sales
Nvidia posted record first-quarter revenue of $81.6 billion and net income of $58.3 billion, driven by strong AI data center growth.
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Fed officials signal possible rate hikes if inflation stays above 2%, dissent rises
A majority of Federal Reserve officials warned on April 28-29 that rate hikes would be needed if inflation remains persistently above 2% while keeping rates steady at 3.5%-3.75%.
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Spotify and Universal Music Group launch paid AI covers and remixes tool for Premium users
Spotify and Universal Music Group unveiled a paid AI-generated covers and remixes feature for Spotify Premium subscribers.
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Mercedes-AMG unveils all-electric AMG GT 4-door coupe, ending V8 era
Mercedes-AMG revealed the all-electric AMG GT 4-door coupe with up to 1,153 hp, triple electric motors, and 0-60 mph in about 2 seconds
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Spotify to Reserve Concert Tickets for Top Fans with New 'Reserved' Feature Launching Summer 2026
Spotify will launch 'Reserved,' a feature that lets top fans buy concert tickets early starting summer 2026 in the U.S.
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Gold prices rise modestly on hopes for US-Iran truce and easing rate hike concerns
Gold prices held gains near $4,540 an ounce on May 20-21 amid US-Iran truce optimism and retreating US Treasury yields.
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JPMorgan to hire more AI specialists, fewer traditional bankers as AI adoption grows
JPMorgan CEO Jamie Dimon said the bank will hire more AI experts and fewer traditional bankers amid accelerating AI use.
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JPMorgan CEO Jamie Dimon warns interest rates may rise far above current levels
JPMorgan CEO Jamie Dimon cautioned today that interest rates could climb significantly higher, posing risks to bond investors.
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SoftBank-backed SB Energy files confidential US IPO amid AI data center boom
SB Energy filed a confidential draft registration with the US SEC on May 20 to prepare for a US IPO, driven by AI data center demand.