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Netenyahu blasts ‘fraudulent lies’ in digital information battleIsrael is fighting a battle against “horrendously unfair and fraudulent lies,” Netanyahu saidAddressing global criticism of the war, Netanyahu took aim at certain western television stations and social media outlets, adding that the country must “get better” at fighting what he called the “digital information battle.””The question is, do you succumb to the lies? No I protect my people,” he said. “They hate us because we do defend ourselves. What do we do? Stop defending ourselves? Of course not — we have to fight.”— Hugh LeaskIsraeli economy expected to outperform in 2026Israeli Prime…

US factory orders post biggest gain in 11 months in April

Federal Reserve Chairman Kevin Warsh departs from the East Room of the White House after a swearing-in ceremony, May 22, 2026.Aaron Schwartz | AFP | Getty ImagesFederal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, according to a person familiar with the matter who asked not to be named to discuss sensitive personnel matters.The two researchers are Paul Winfree, the author of the chapter on the Federal Reserve in the conservative policy blueprint “Project 2025,” and Daniel Heil, a fellow at Stanford’s Hoover Institution think tank, where Warsh held…

delivered a strong first quarter, posting record sales and earnings that topped Wall Street expectations. The results extended the retailer’s recent run of strong quarters and highlighted continued strength across its brands. Investors were pleased with the results, sending shares modestly higher following the earnings release. Since then, however, the stock has drifted lower. The pullback may reflect concerns about tariffs and freight costs, or perhaps some profit-taking after the stock hit an all-time high in January. Record Results Driven by Strength Across Brands For the first quarter of fiscal 2027, Urban Outfitters, whose portfolio includes retail brands such as…

A new all-electric aircraft made a test flight in New York City. Our transportation reporter Niraj Chokshi describes what to know.

Today the Office of the Comptroller of the Currency (OCC), along with the Federal Deposit Insurance Corporation (FDIC) and the Board of Governors of the Federal Reserve System (collectively, the agencies), reissued 15 interagency guidance documents in which references to reputation risk have been removed. The agencies are issuing some of these documents along with the other members of the Federal Financial Institutions Examination Council (FFIEC) or other entities, such as the National Credit Union Administration and the Financial Crimes Enforcement Network (FinCEN). The agencies continue to review interagency documents and expect to expeditiously remove any further references to reputation…

Why “User Growth” Is a Broken Metric in Web3For years, crypto projects have proudly displayed one metric above all others: user growth.More wallets. More sign-ups. More “community members.”More is assumed to mean better.But in Web3, that assumption quietly collapses under scrutiny.Because most “users” are not users at all.They are temporary incentive responders.And that changes everything.The Illusion of GrowthAt first glance, Web3 growth looks explosive.A protocol launches a campaign → thousands of wallets appear overnight.A DeFi app releases points → usage spikes.An airdrop is announced → activity charts go vertical.From the outside, it looks like adoption.But if you zoom in, a…

reported their fiscal Q1 ’27 financial results on May 21 ’26, with the retail giant reporting revenue better-than-expected by 2%, while EPS exactly met expectations. Operating income missed expectations by 1% which is the majority of the story for retailer. The quarter was 5 out of 10 for Walmart, but in the overall picture wasn’t too bad, but coming into the quarter trading at 46x EPS (), Walmart was due for a correction. The above chart shows that Walmart’s stock has dropped from a high of $135 on May 19th to the close on June 1 ’26 of $114.60, just…

 In one of the most significant digital asset deployments by a legacy financial institution to date, MoneyGram has launched MGUSD, its native U.S. dollar stablecoin. Unveiled on stage during the opening ceremony of Money20/20 Europe in Amsterdam, the stablecoin went live today in the U.S. market, with a phased global rollout planned to follow immediately. Unlike the vast majority of stablecoins currently circulating, which function primarily as speculative base pairs on cryptocurrency exchanges, MGUSD has been engineered explicitly for real-world money utility. The asset will serve as the core foundational layer for MoneyGram’s expanding blockchain infrastructure, targeting cross-border remittances for…

“I have steadily increased my assets by more than 10% since being laid off.”