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As of May 19, 2026, oil is trading at $112.93 per barrel based on the Brent benchmark, up $2.85 from the previous day and approximately $47 higher than a year ago. The article explains key factors influencing oil prices including supply and demand dynamics, historical trends, and their impact on consumer energy costs.
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According to an Owl & Co. report, the global podcast industry generated $9.2 billion in sales in 2025, marking a 23% year-over-year increase. Video-related revenue accounted for 73% of growth in the United States.
Target reported first-quarter earnings and revenue that topped Wall Street expectations, with same-store sales rising 5.6% for the first positive increase in five quarters. The retailer also raised its full-year sales outlook, citing broad-based strength across categories and renewed consumer interest.
As bond yields hit multi-year highs globally, investors signal concerns about sticky inflation and the possibility that interest rates will remain elevated for longer than the White House would prefer.
Kickstarter reversed its controversial mature content policy after widespread creator backlash, revealing that payment processor Stripe was the primary driver behind the stricter rules.
Billionaire space founder Dylan Taylor argues that a child's ability to defer gratification in the classic marshmallow test mirrors adults' financial habits, claiming that leasing cars and using credit cards before affordability are telltale signs of staying middle class.
More than 47,000 Samsung Electronics workers are set to begin an 18-day strike on Thursday after bonus negotiations collapsed, threatening already constrained memory chip production during a global shortage.
UK supermarkets have rejected government pressure to voluntarily freeze prices on essential groceries like milk, bread and eggs, with industry leaders calling the proposal "idiotic" and comparing it to failed 1970s price controls.
CBRE, the world's largest commercial real estate services firm, is being reshaped by the AI data center boom as hyperscalers scramble for computing power, with the company now generating over $3 billion in infrastructure-related revenue and creating a dedicated critical infrastructure unit expected to grow more than 60% this year.
The UK's inflation rate fell to 2.8% in April due to lower gas and electricity bills, but analysts expect it to rise to around 4% by year-end as Middle East tensions continue to drive up global energy prices.
ThredUp CEO James Reinhart argues that companies with four-day workweeks will have a competitive edge in attracting talent as AI reshapes the workplace, warning that traditional five-day companies will lose the talent war.
U.S. Treasury yields have surged to multi-year highs, with the 30-year yield reaching its highest level since 2007, prompting strategists to warn of a "danger zone" that could spill inflation concerns into broader equity markets.
An analysis examining current valuations of OpenAI and Anthropic indicates approximately $370 billion in philanthropic assets tied to the two AI companies are expected to become liquid as wealth from these valuations materializes for founders and early investors committed to charitable giving.
Under new CEO Michael Smith, Hongkong Land is transforming from a company almost entirely dependent on Hong Kong's office market into a regional asset manager targeting $100 billion in assets under management by 2035 across Asia's gateway cities.
Russian President Vladimir Putin and Chinese leader Xi Jinping are meeting in Beijing to discuss the long-stalled Power of Siberia 2 natural gas pipeline, as the Iran-U.S. conflict disrupts global energy supplies. The 2,600-kilometer pipeline would transport 50 billion cubic meters of gas annually from Russia to China, but pricing and financing terms remain unresolved.
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Russian President Vladimir Putin and Chinese leader Xi Jinping are discussing the Power of Siberia 2 natural gas pipeline during their Beijing summit, as the Iran war disrupts global energy supplies and creates fresh incentives for an alternative overland energy route.
Samsung Electronics has rejected a mediation proposal that was accepted by its labor union, setting the stage for a general work stoppage on May 21 as negotiations between the company and workers break down.
Bunch, an AI-native platform for fund managers and institutional investors to manage the entire fund lifecycle, raised €30.1M in Series B funding led by Portage Ventures to modernize Europe's private markets infrastructure.