Author: Press Room

NewsFeedA fragile ceasefire may have paused the US-Israeli war on Iran, but the economic cost is crippling the daily lives of Iranians. The US is blockading Iranian ports, while the price of goods skyrockets and businesses struggle to keep employees.Published On 3 May 20263 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

Discount carrier Spirit Airlines ceased operations on Saturday. It had been struggling with skyrocketing fuel costs and mountains of debt. A proposed government bailout plan unraveled, leaving thousands of passengers, employees and investors in limbo. Ali Bauman reports from Newark’s Liberty International Airport.

Global markets are entering May 2026 under a cloud of uncertainty, with multiple macro and geopolitical triggers converging at once. From surging oil prices and the ongoing Middle East conflict to key economic data and central bank decisions, traders are facing a complex environment.A mix of risk and resilience is shaping sentiment. While equities remain supported by earnings and artificial intelligence optimism, underlying pressures are building. The coming weeks could determine whether markets sustain their momentum or begin to unwind.Oil surge and war risks dominate sentimentOil prices have surged sharply, briefly crossing $120 a barrel this week for the first…

A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby.Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to AI over the next five years, said Selby, who is managing director of Peter Thiel’s family office, Thiel Capital. If the Iran war drags on, and the United Arab Emirates, Saudi Arabia and other countries divert their investments to rebuilding at home, the lost capital could…

Travis Bazzana’s week to remember has only gone up a notch, helping with the bat in hand to earn the Guardians an MLB win over the Athletics.

SEOUL: North Korean leader Kim Jong Un met delegates to the ruling party’s youth league congress in Pyongyang, state media KCNA said on Sunday (May 3), as the government again cast young people as central to both domestic mobilisation and its military role in Russia’s war against Ukraine.The Eleventh Congress of the Socialist Patriotic Youth League, a once-in-five-years political gathering aimed at mobilising citizens aged roughly 14 to 30, concluded last week with mass rallies, torchlight parades and a gala in the capital.Kim on Saturday told delegates that youth was the “vanguard” in advancing state goals, calling the league a…

new video loaded: A.I. Shakes Up China’s Entertainment LandscapetranscriptBacktranscriptA.I. Shakes Up China’s Entertainment LandscapeNew A.I. tools are changing China’s entertainment industry and transforming one of its most popular genres: the microdrama.A.I. is changing China’s entertainment industry, and transforming one of its most popular genres: the microdrama. Microdramas are short, serialized shows made for the phone, that use rapid plot developments to hook viewers. The addictive bite-sized videos have become increasingly popular, creating a 14 billion dollar industry in China. Powerful new A.I. tools are making it faster and cheaper to create episodes. But as A.I.-generated dramas take off, some feel…

NEWYou can now listen to Fox News articles! The chair of the California Republican Party and other conservatives on social media are calling for the vice mayor of Los Altos, California, Larry Lang, to resign after he posted “86 47” on social media multiple times, including in response to one of the state Republican Party’s Facebook posts.The now-deleted posts, screenshots of which were shared by the California Republican Party and reviewed by Fox News Digital, show that, at some point this week, Lang updated his Facebook “cover photo” so it was the same image of a “86 47” seashell formation…

NEWYou can now listen to Fox News articles! A massive fire broke out Saturday afternoon at a laboratory building on the University of South Florida campus in St. Petersburg, authorities said.Campus police said fire crews were called to the Marine Science Laboratory building for a structure fire.No injuries have been reported, and the building was safely evacuated, police said.The cause of the fire is under investigation.LIGHTNING STRIKE TURNS 100-FOOT DINOSAUR INTO RAGING FIREBALL, STUNNING ONLOOKERS Firefighters work to extinguish a fire at the University of South Florida campus in St. Petersburg, Florida, on May 2, 2026. (Luis Santana/Tampa Bay Times…

NEWYou can now listen to Fox News articles! The names of the five people who were killed in the Central Texas plane crash that was taking a pickleball team to a tournament have been revealed.On board were Amarillo Pickleball Club players Hayden Dillard, Seren Wilson, Brooke Skypala and Stacy Hedrick, all from Amarillo, Texas, along with pilot Justin Appling, who was also a pickleball player.Wilson, the youngest, was an accomplished tennis player. In 2022, she was University Interscholastic League team tennis state champion, according to the tennis booster club at Amarillo High School, where she graduated from. A crashed Cessna…