Business

Axios May 22

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

TechCrunch May 22

Apple requests Supreme Court to limit Epic Games App Store injunction

Apple has approached the Supreme Court to request a limitation on the injunction won by Epic Games concerning the App Store. Additionally, Apple aims to overturn a contempt ruling related to external payment fees.

Bias: 10 Sentiment: +0.00

BBC — World May 22

Waymo suspends robotaxi operations in five US cities due to flooding concerns

Waymo has temporarily halted its robotaxi services in five US cities due to safety concerns related to flooded roads. The company emphasized that this decision was made as a precaution.

Bias: 16 Sentiment: +0.00

Axios May 22

DCCC Launches Ad Campaign Against Maureen Galindo Following Controversial Comments

The DCCC has launched a $35,000 ad campaign against Maureen Galindo, a Democratic congressional candidate in Texas, following her antisemitic comments. Galindo, who won the Democratic primary, is in a runoff against Johnny Garcia, who is backed by the DCCC.

Bias: 15 Sentiment: -0.10

BBC — World May 22

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 May 22

April Borrowing Reaches Highest Level Since COVID-19 Pandemic

In April 2026, borrowing levels were higher than anticipated, reaching the highest point since the COVID-19 pandemic. At the same time, retail sales decreased due to increased fuel prices.

Bias: 10 Sentiment: +0.00

BBC — Business May 22

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 May 22

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 May 22

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

Scientific American May 22

EPA Waiver Allows Sale of E15 Fuel with 15% Ethanol Content

The EPA has authorized the sale of E15 fuel, which includes 15 percent ethanol, as part of an initiative to reduce gasoline prices. The decision is expected to impact fuel availability during the summer season.

Bias: 10 Sentiment: +0.00

BBC — Business May 21

UK Police Recommend Blocking Unsafe Social Media Platforms for Users Under 16

The National Crime Agency and the National Police Chiefs' Council in the UK have called for measures to block access to social media platforms that do not adequately protect children under 16 from explicit content and unwanted contact. This recommendation aims to enhance online safety for minors.

Bias: 10 Sentiment: +0.00

BBC — Business May 21

Government to Evaluate Train Operators on Sexual Harassment Policies

The government plans to evaluate train operators on their handling of sexual harassment issues. There will be no penalties for operators that fail to meet the targets set by the government.

Bias: 10 Sentiment: +0.00

BBC — Business May 21

Meta Settles Case with US School District Over Social Media Addiction

Meta has settled a case with a US school district concerning social media addiction. The trial was meant to serve as a precedent for around 1,200 other districts with similar allegations.

Bias: 10 Sentiment: +0.00

BBC — Business May 21

UK Government Allocates £120 Million to Support Ceramics Industry

The UK government has pledged £120 million to assist ceramics firms, highlighting the industry's importance, according to Rob Flello, the head of Ceramics UK.

Bias: 10 Sentiment: +0.10

Los Angeles Times May 21

Supreme Court rules on liability of cruise lines for using seized Cuban docks

The Supreme Court has ruled that cruise lines can be held liable for using docks in Cuba that were seized by Fidel Castro's government. This decision allows lawsuits related to the confiscated property to move forward.

Bias: 10 Sentiment: +0.00

BBC — Business May 21

Walmart anticipates reduced consumer spending due to rising petrol prices

Walmart has announced that it anticipates a decrease in consumer spending in the coming months due to rising petrol prices. The retail giant's statement highlights the potential effects of increased fuel costs on shopping habits.

Bias: 15 Sentiment: -0.10

Los Angeles Times May 21

EPA Findings on Eaton Fire Cleanup Based on Federal Lead Standards

The EPA released findings on the cleanup of the Eaton fire, stating that the evaluation was based solely on federal lead standards. The report did not take into account California's more stringent lead thresholds.

Bias: 15 Sentiment: +0.00

BBC — Business May 21

Nvidia Reports Record Earnings Amid Competitive Concerns

Nvidia announced record earnings for the latest quarter, but its shares declined in after-hours trading. Investors are concerned about the company's ability to sustain its growth amid rising competition.

Bias: 15 Sentiment: -0.20

BBC — Business May 21

EasyJet reports no issues with summer flight fuel supply

EasyJet has confirmed that there are no fuel supply issues affecting its summer flights. The airline has observed a trend of customers booking flights later, attributed to uncertainty related to the conflict in Iran.

Bias: 10 Sentiment: +0.10

Los Angeles Times May 21

Child safety groups request FTC investigation into Roblox's game design

Child safety groups are calling on the FTC to conduct an investigation into Roblox's game design, citing concerns about risks related to the platform's features. The request highlights ongoing discussions about child safety in online gaming environments.

Bias: 15 Sentiment: +0.00