United States · Business
Same event, multiple sources, transparently cited.
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Spotify to Reserve Concert Tickets for Top Fans with New 'Reserved' Feature Launching Summer 2026
Spotify will launch 'Reserved,' a feature that lets top fans buy concert tickets early starting summer 2026 in the U.S.
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Gold prices rise modestly on hopes for US-Iran truce and easing rate hike concerns
Gold prices held gains near $4,540 an ounce on May 20-21 amid US-Iran truce optimism and retreating US Treasury yields.
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JPMorgan to hire more AI specialists, fewer traditional bankers as AI adoption grows
JPMorgan CEO Jamie Dimon said the bank will hire more AI experts and fewer traditional bankers amid accelerating AI use.
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JPMorgan CEO Jamie Dimon warns interest rates may rise far above current levels
JPMorgan CEO Jamie Dimon cautioned today that interest rates could climb significantly higher, posing risks to bond investors.
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SoftBank-backed SB Energy files confidential US IPO amid AI data center boom
SB Energy filed a confidential draft registration with the US SEC on May 20 to prepare for a US IPO, driven by AI data center demand.
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Americans adopt creative ways to cut fuel costs as gas prices soar to $4.50 per gallon
Mali Hightower from Georgia modified a toy car to save on fuel amid US gas prices rising past $4.50 a gallon.
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SpaceX files for up to $75B Nasdaq IPO with Musk retaining 85% voting control
SpaceX filed IPO plans on May 20-21 aiming to raise $75 billion, valuing the company up to $2 trillion with Musk keeping voting control[s1,s4].
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Minnesota enacts first US state ban on prediction markets; CFTC sues to block it
Minnesota passed a law banning prediction markets, prompting the CFTC to file a lawsuit to prevent the ban from taking effect.
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Sinkhole near runway 4/22 closes LaGuardia Airport runway, disrupting flights
A sinkhole discovered May 20 near runway 4/22 at LaGuardia Airport led to a runway closure and widespread flight delays and cancellations.
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James Murdoch to Acquire Half of Vox Media for $300 Million Including New York Magazine and Podcast Network
James Murdoch, via Lupa Systems, is buying about half of Vox Media for $300 million, including New York Magazine and Vox’s podcast network.
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OpenAI plans IPO filing soon, targets public listing in fall 2026
OpenAI is preparing to file for an IPO soon, aiming to go public in fall 2026 with an estimated valuation near $1 trillion.
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Kevin Warsh sworn in as 17th Federal Reserve chair amid inflation and political pressure
Kevin Warsh was sworn in May 22 as the 17th chair of the US Federal Reserve, pledging reform amid rising inflation and political tensions.
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US regulators propose overhaul of CAMELS bank rating system
US regulators announced plans to reform the CAMELS bank rating process on May 19, focusing on transparency and financial risks.
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Jeff Bezos urges zero federal income tax on bottom 50% of U.S. earners
Jeff Bezos called on May 20, 2026, to eliminate federal income taxes for the bottom half of U.S. earners, citing fairness and low revenue impact.
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Tesla Cybertruck driver arrested after driving into Texas lake to test Wade Mode
Jimmy Jack McDaniel drove his Tesla Cybertruck into Grapevine Lake, Texas, to test its Wade Mode feature, leading to vehicle disablement and his arrest on May 18.
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Japan’s 30-Year Bond Yields Reach Record Highs as Pimco Takes Bullish Stance
Japan’s long-term bond yields hit record levels amid inflation worries; Pimco bullish on 30-year bonds and bearish on 10-year notes.
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UK Proposes Three-Year Visa for £5 Million Investors to Boost Residency Pathway
The UK government unveiled a plan for a new visa offering three years of residency to investors contributing at least £5 million to key sectors.
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US 30-year mortgage rates climb to near two-month highs amid inflation and Iran war tensions
The average 30-year fixed mortgage rate rose to around 6.56% in mid-May 2026, driven by higher Treasury yields amid inflation and geopolitical tensions.
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Standard Chartered CEO apologises for remarks amid plan to cut 8,000 support roles by 2030
Standard Chartered CEO Bill Winters apologised after backlash over comments on AI-driven job cuts affecting nearly 8,000 support staff.
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Japan Monitors US Treasury Sales, Warns Against Yen Depreciation and Market Volatility
Japan’s Ministry of Finance is closely watching US Treasury bond sales amid risks of yen depreciation and foreign exchange market volatility.
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US Treasury settles Iran sanctions case with Adani Enterprises, DOJ drops criminal charges
Indian billionaire Gautam Adani and Adani Enterprises agreed to pay $275 million over Iran sanctions; US DOJ dropped related criminal bribery charges.
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US Treasury Secretary Bessent urges G7 to enforce Iran sanctions at Paris summit
Treasury Secretary Scott Bessent called on G7 allies to aggressively enforce sanctions on Iran during a Paris conference today.
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Stephen Colbert Hosts Final 'The Late Show' Episode as CBS Ends 33-Year Run
Stephen Colbert hosted the final episode of CBS's 'The Late Show' on May 21, ending the series after 33 years.
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Nvidia reports record $81.6B Q1 revenue driven by AI amid global market volatility
Nvidia reported $81.62 billion revenue for Q1 2026, led by strong AI demand, beating analyst estimates amid a turbulent market.