Moderna submits updated COVID-19 vaccine for FDA review
Moderna expects to launch the updated vaccine by mid-August, pending approval
US invites Asian officials to Alaska, eyes $44 billion LNG project
Officials from Taiwan, South Korea and Japan were invited to June 2 event in Alaska to discuss projects, including a vast gas pipeline
Trump supports Nippon Steel’s $14.9 billion bid for US Steel, shares jump 21%
US Steel praises the president’s leadership as his approval clears last big hurdle for the deal; partnership is expected to create at least than 70,000 jobs and help the American economy
Dollar drops as Trump proposes new EU tariffs and smartphone duties
The dollar falls 1% against the Japanese yen to 142.48, marking a two-week low
Amazon faces lawsuit over sale of rice contaminated with heavy metals
The suit covers 18 rice varieties sold on Amazon, including brands like Ben's Original and Whole Foods' 365 label
Musk’s DOGE expanding his Grok AI in US government, raising conflict concerns
Musk's xAI says on its website that it may monitor Grok users for “specific business purposes”
Oil prices rise ahead of Memorial Day weekend amid US-Iran nuclear talks
Brent crude futures closes at $64.78 a barrel up 0.54%, while U.S. West Texas Intermediate crude futures settle at $61.53, gaining 0.54%
Tariffs on Apple will also apply to Samsung, says Trump
This marks a reversal from Trump’s April decision to exclude electronics, including iPhones, from tariffs on Chinese imports
Taliban in talks with Russia, China for trade transactions in local currencies
Afghanistan faces a stark drop in the U.S. currency entering the country due to aid cuts
U.S. FTC drops price discrimination case against PepsiCo favoring Walmart
FTC Chairman calls the lawsuit a "legally dubious partisan stunt" and emphasizes that taxpayer dollars should not fund such efforts
Trump’s $TRUMP meme coin dinner draws global investors amid protests
Investors spend an estimated $148 mln on the $TRUMP meme coin to secure dinner seats, with the top 25 holders spending over $111 mln
U.S. House passes sweeping tax and spending bill advancing Trump’s agenda
The legislation provides new tax breaks, increases military and border spending, and adds about $3.8 trillion to the federal debt over 10 years
G7 finance chiefs vow to tackle “excessive imbalances” in global economy
Finance ministers and central bank governors signal readiness to escalate sanctions on Russia amid its ongoing war in Ukraine
U.S. Senate votes to block California’s electric vehicle sales mandate by 2035
The measure aims to repeal the EPA waiver allowing California to mandate 80% electric vehicle sales by 2035
FAA approves SpaceX Starship to resume flights after March failure
FAA expands the hazard zones along the rocket’s flight path, extending the Aircraft Hazard Area from 885 to 1,600 nautical mile