World Business NewsUS judge blocks Trump-era immigration policies affecting applicants from 39 countries
Court says USCIS unlawfully halted decisions on asylum, work permits, green cards and citizenship applications from nationals of 39 countries
World Business NewsCourt says USCIS unlawfully halted decisions on asylum, work permits, green cards and citizenship applications from nationals of 39 countries

PHLX chip index drops 10.3% in worst day since March 2020 and loses 12% over two sessions, while Nvidia falls 6%, Micron tumbles 13%, Marvell slides 17% and AMD sheds 11%
World Business NewsNasdaq falls 4.18%, S&P 500 drops 2.64% and semiconductor index records biggest daily decline since March 2020

Measure passes 52-47 and heads to House as lawmakers fail to eliminate $1.8 billion ‘anti-weaponization’ fund
World Business NewsOrder removes job protections for policy-influencing employees earning up to nearly $200,000; unions have challenged policy in court
World Business NewsBrent futures decline 67 cents, or 0.69%, at $97.14 while US WTI crude falls 62 cents, or 0.65%, to $95.4
World Business NewsOffering could value Elon Musk’s space company at $1.75 trillion; trading expected on Nasdaq after June 11 pricing

Anthropic's IPO could reshape US equity markets and boost the sluggish IPO market

AI chipmakers lift South Korean market value to $5.01 trillion across KOSPI, KOSDAQ, KONEX, overtaking India’s $4.85 trillion National Stock Exchange value as foreign investors pull $26.4 billion from Indian stocks so far in 2026
World Business NewsNearly 12,000 aircraft transited Syrian airspace in May, potentially generating up to $5.9 million in overflight revenue under $499 per-flight fee, while European and US carriers continued to avoid Syrian routes
World Business NewsDollar index rises 0.04% to 99.05, euro falls to $1.1644, yen weakens to 159.48, sterling slips to $1.3449, Australian dollar stays flat at $0.7182, kiwi drops to $0.5968
World Business NewsSpot gold slips 0.2% to $4,527.36, US gold futures fall 0.8% to $4,558.10, while silver rises to $75.54, platinum to $1,935.65, palladium to $1,371.24