Business news

Business news • May 30

An inflation surprise, AI rally and a possible Iran deal fuel markets

Core PCE, the Fed's preferred inflation gauge, which strips out energy and food, rose just 0.2% in April, under the 0.3% consensus.

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Business news • May 30

The Atlanta airport’s shiny new parking deck is ‘just Phase 1’

The seven-level, $441 million Domestic Terminal South Parking Deck is a far cry from its over-40-years-old predecessor.

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Business news • May 30

Cocoa Beach businesses react to Blue Origin explosion

COCOA BEACH, Fla. — Local businesses in Cocoa Beach say they're used to seeing and hearing launches, but couldn't believe the results of Thursday's New...

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Business news • May 30

We did the math on Ken Griffin's pied-à-terre tax bill

New York officials rolled out the details of the city's new pied-à-terre tax this week, so we took out our calculators and got busy.

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Business news • May 30

How Quickly Will Oil Normalize?

My target for Brent - if we get a peace deal - is $85 and we're well on our way to that.

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Business news • May 30

Is the Ferrari Luce’s Design Really That Bad? 3 Italian Auto Experts Weigh In

The first electric Ferrari is already this year's most divisive car. We asked three Italian auto industry professionals to explain where the EV's design...

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Business news • May 30

Why does Trump want to transfer Cold War-era plutonium to nuclear start-ups?

The Trump administration has announced that it has selected several nuclear start-ups to participate in a project that would allow them to use plutonium...

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Business news • May 30

FBI won’t pursue charges for 75-year-old passenger after flight diverted to MSN airport

MADISON, Wis. (WMTV) -A United Airlines flight heading from Chicago's O'Hare airport to Minneapolis was diverted to the Dane County Regional airport Friday...

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Business news • May 30

Massive Blue Origin rocket explosion gives edge to Elon Musk in space race

The destruction of Jeff Bezos's New Glenn rocket clouds NASA's lunar timeline and deepens reliance on SpaceX, as the U.S. races China to the moon.

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Business news • May 30

Southwest rewinds its extra-seat policy for plus-size passengers

For passengers who need more room, the airline will again offer a second seat for free instead of requiring them to purchase one.

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Business news • May 30

Ferrari’s new EV sparks Italian angst over Agnelli legacy

Ferrari's first fully electric vehicle has sparked Italian angst about the luxury carmaker and intensified debate in the country about the reign of John...

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Business news • May 30

Should AI steal your job?

The real question is not what the technology can do but what it ought to do. Sarah O'Connor on the people fighting for the future of work.

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Business news • May 30

Amtrak fire suspends Penn Station service for NJ Transit commuters

A fire erupted on Amtrak work trains in a Hudson River tunnel between New York and New Jersey early Friday, suspending Penn Station service for NJ Transit...

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Business news • May 30

'No longer affordable': Sound Transit outlines future of light rail projects

SEATTLE — Sound Transit's governing board approved a sweeping overhaul of its voter-approved ST3 expansion plan Thursday, acknowledging a projected $34.5...

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Business news • May 30

Blue Origin rocket explosion: What we know about blast in Cape Canaveral

A Blue Origin New Glenn rocket exploded Thursday in Brevard County, filling the night sky with fire along Florida's Space Coast.

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Business news • May 30

Exclusive | How Replimune’s Drug Got Third Chance After White House Intervention

Company representatives met with officials in early May and by month's end, the FDA was planning to review the melanoma medication again.

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Business news • May 30

Maintenance Train Fire at Penn Station Injures 5 and Disrupts Rail Service

An overnight fire on a maintenance train was still affecting service on NJ Transit and Amtrak as of midmorning on Friday.

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Business news • May 30

The Google Engineer Accused of Risking It All With an Insider Polymarket Bet

Michele Spagnuolo, the Google engineer accused of using company data to bet on Polymarket, had a long list of enviable accomplishments.

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Business news • May 30

Wild Waves site targeted for 1M-square-foot industrial warehouse

As Wild Waves Theme Park kicks off its 50th and final season, a proposal has been submitted for a more than 1 million-square-foot industrial warehouse...

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Business news • May 30

ULA launches 29 Amazon Leo satellites on Atlas 5 rocket from Cape Canaveral

United Launch Alliance's Atlas 5 551 rocket lifts off from Space Launch Complex 41 at Cape Canaveral Space Force Station on the Leo Atlas 07 mission on May...

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