Money

April inflation shoots 3.8% higher on surging prices from war in Iran thumbnail
The Business Economics

April inflation shoots 3.8% higher on surging prices from war in Iran

U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department’s consumer price index rose...

Current price of oil as of May 12, 2026 thumbnail
The Business Economics

Current price of oil as of May 12, 2026

As of 9 a.m. Eastern Time today, oil is trading at $110.43 per barrel, based on the Brent benchmark we’ll explain in a...

Greenboard raises $15.5 million to keep compliance from slowing down business in the AI era thumbnail
The Business Economics

Greenboard raises $15.5 million to keep compliance from slowing down business in the AI era

Financial compliance can be a pretty dry affair—so much so that there are compelling business opportunities to be found for those who can...

Girls say AI is a smarter tutor, a funnier comedian, and has better better taste than their parents, new Girl Scouts survey finds thumbnail
The Business Economics

Girls say AI is a smarter tutor, a funnier comedian, and has better better taste than their parents, new Girl Scouts survey finds

Girl Scout cookies may still sell themselves, but when it comes to homework help, jokes, and emotional support, young girls are letting AI...

SAP CEO: the AI race is being fought in the wrong place  thumbnail
The Business Economics

SAP CEO: the AI race is being fought in the wrong place 

The enterprise AI race is quickly becoming a contest over interfaces.  Every week brings another announcement about smarter copilots, more capable agents, or ...

Vauxhall turns to China’s Leapmotor in bid to keep British motoring affordable thumbnail
The Business Economics

Vauxhall turns to China’s Leapmotor in bid to keep British motoring affordable

Vauxhall, one of Britain’s oldest and best-loved motoring marques, is to fit Chinese-engineered components in its vehicles for the first time in its...

SME funded launches one-stop finance platform to plug funding gap for britain’s builders and manufacturers thumbnail
The Business Economics

SME funded launches one-stop finance platform to plug funding gap for britain’s builders and manufacturers

A new specialist finance platform aimed squarely at the UK’s construction and manufacturing sectors has launched in a bid to ease one of...

ProcurePro lands $11m to drag construction’s $13 trillion supply chain out of the spreadsheet era thumbnail
The Business Economics

ProcurePro lands $11m to drag construction’s $13 trillion supply chain out of the spreadsheet era

Construction is an industry worth $13 trillion globally, yet it remains one of the least profitable on earth. Margins of between 1 and...

OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale thumbnail
The Business Economics

OpenAI mints hundreds of overnight millionaires as staff cash out $6.6bn in share sale

Roughly 600 staff at OpenAI have walked away with an average of $11 million (ÂŁ8 million) apiece after cashing out a combined $6.6...

Eon swallows Ovo in £600m deal that crowns Germany’s biggest energy giant as Britain’s largest supplier thumbnail
The Business Economics

Eon swallows Ovo in £600m deal that crowns Germany’s biggest energy giant as Britain’s largest supplier

The German utility giant Eon has agreed to buy the retail arm of Ovo Energy in a transaction that will create Britain’s largest...