Section

Business

Markets, economy, labor, housing, trade

New York Times — Business

Waymo Suspends Service in Six Cities Due to Flooding

Waymo has suspended its service in six cities due to vehicles driving into flooded areas. The company is also temporarily halting its highway service to improve its navigation system.

Bias: 5 Sentiment: +0.00
Mother Jones

Meta Lays Off 8,000 Employees Amid Shift to AI Training

Meta has laid off 8,000 employees and reassigned another 7,000 to AI training, prompting a software engineer to create a parody video reflecting the company's cultural shift. The video has gained significant attention among employees, highlighting concerns about the impact of AI on human creativity and job security.

Bias: 15 Sentiment: -0.20
Los Angeles Times

California Governor Newsom Criticizes Chevron Over Gas Prices

California Governor Gavin Newsom has criticized Chevron for contributing to high gas prices, encouraging residents to avoid the company. Chevron has countered by blaming these prices on state policies.

Bias: 15 Sentiment: +0.00
BBC — Business

Standard Chartered CEO apologizes for comments on employee value

The CEO of Standard Chartered apologized for his remarks regarding employees, which he described as 'lower value human capital.' He reaffirmed his commitment to valuing all staff and assisting them in adapting to organizational changes.

Bias: 15 Sentiment: +0.00
BBC — Business

Trump Advocates for Independent Federal Reserve Chair

President Donald Trump has stated that he wants the next chair of the Federal Reserve to be completely independent. This follows his earlier pressure on the previous chair, Kevin Warsh, to reduce interest rates.

Bias: 15 Sentiment: +0.10
Washington Post — Business

Kevin Warsh Sworn in as Federal Reserve Chair at the White House

Kevin Warsh has been sworn in as the Chair of the Federal Reserve in a ceremony at the White House, which is a departure from recent traditions. The event highlights his new role amid ongoing concerns about inflation.

Bias: 10 Sentiment: +0.00
Ars Technica

Increase in Solar and Hydroelectric Power Reduces Coal Usage in US

Data from the US grid shows a decrease in coal usage as renewable energy sources, particularly solar and hydroelectric power, continue to grow. In the first quarter of 2026, energy demand increased by 1.5 percent, influenced by unusual weather patterns across the country.

Bias: 15 Sentiment: +0.10
Axios

Pakistani Field Marshal Visits Tehran for U.S.-Iran Negotiations

Field Marshal Asim Munir of Pakistan arrived in Tehran on May 22, 2026, to mediate negotiations between the U.S. and Iran aimed at ending the ongoing war. While discussions are ongoing, U.S. and Iranian officials have expressed doubts about the likelihood of a swift agreement. The mediators are working on a letter of intent to establish a framework for further negotiations, including issues related to Iran's nuclear program.

Bias: 15 Sentiment: +0.00
Axios

Kevin Warsh Sworn in as Federal Reserve Chair Amid Inflation Concerns

Kevin Warsh was sworn in as the Federal Reserve Chair on May 22, 2026, amid rising inflation and economic challenges. President Trump urged Warsh to maintain independence in his role. Fed governor Christopher Waller indicated a shift in policy stance, suggesting that inflation concerns may prevent near-term rate cuts and could lead to future rate hikes if inflation does not improve.

Bias: 15 Sentiment: +0.00
BBC — World

French Open Players Limit Media Duties Over Prize Money Dispute

Several leading players at the French Open, including Aryna Sabalenka, Coco Gauff, and Jannik Sinner, have limited their media engagements to 15 minutes as a protest over prize money issues. The decision reflects ongoing concerns among players regarding financial compensation in the tournament.

Bias: 10 Sentiment: +0.00
BBC — Business

Morrisons to Close 100 Stores Amid Cost Increases

Morrisons plans to close 100 stores due to challenges related to rising costs. The company cited government policy choices as a contributing factor to these difficulties.

Bias: 15 Sentiment: -1.00
New York Times — Business

California Governor Proposes Worker Protections Against AI Disruption

California Governor Gavin Newsom has introduced a proposal designed to protect workers from disruptions related to artificial intelligence. The initiative focuses on addressing the potential effects of AI on jobs and employment stability.

Bias: 15 Sentiment: +0.00
BBC — Business

Amazon UK CEO discusses youth unemployment and education system

John Boumphrey, Amazon's UK CEO, highlighted concerns regarding the education system's effectiveness in preparing young people for employment. He called for a reassessment of educational practices to better align with workforce needs.

Bias: 15 Sentiment: +0.10