Frenzied IPO Highlights Wall Street's AI Fervor
Artificial-intelligence chip maker Cerebras soars 68% on first day of trading.
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Fed's Barr: Shrinking The Balance Sheet Is The Wrong Objective
Federal Reserve Gov. Michael Barr said shrinking the balance sheet is the wrong objective for the central bank, and many of the proposals to meet that objective would threaten financial stability.
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Canada Aims to Double Power-Grid Capacity By 2050
Canadian Prime Minister Mark Carney said the country needs to double the capacity of its electricity grid by 2050, a project with a trillion-dollar price tag but necessary to ensure the country's sovereignty and prosperity.
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Canada, Alberta to Unveil Pipeline Pact Friday
Prime Minister Mark Carney said he will unveil an agreement with the oil-rich province of Alberta that sets the stage for federal support for a new crude-carrying pipeline.
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Protests Erupt in Cuba as Fuel Runs Out
Extensive blackouts and a collapsing economy spark unrest in Havana. 'We have absolutely no fuel,' said the country's energy minister.
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U.K. Economy Accelerates to Outpace U.S. as War Headwinds Loom
The British economy grew faster than the U.S. and most European peers in the first quarter, but the Middle East conflict is set to test its resilience.
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Retailers' Sales Growth Cooled Last Month
Sales growth slowed for U.S. retailers in April, damped by a cooler increase in gasoline prices as the Iran conflict continued.
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Ireland's Foreign Investment Chief Sees Inflows Holding Up Despite Headwinds
As one of the main beneficiaries of globalization, Ireland continues to pin its hopes on attracting foreign businesses.
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Uganda's Central Bank Holds Key Lending Rate at 9.75%
The central bank maintained its key lending rate, citing subdued inflation, as it continues to monitor the likely economic impact of the Iran war.
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U.S Jobless Claims Rose Last Week
U.S. jobless claims rose last week but were still relatively low, signaling employers held back from widespread layoffs.
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Oil Prices Stay Stuck Despite 'Consensus' That Strait of Hormuz Will Reopen in June
Brent crude futures, the international standard, settled mostly flat at $105.72 a barrel.
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Xi's Taiwan Warning to Trump Highlights Tensions Behind Beijing Summit
The Chinese leader's comment that any mishandling of Taiwan could lead to "an extremely dangerous situation" raised an issue that has loomed over President Trump's trip.
(END) Dow Jones Newswires
May 14, 2026 21:00 ET (01:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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