Wednesday, May 13, 2026
Beer demand stumbles as gas prices surge, data show
U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states seeing the sharpest declines.
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Tuesday, May 12, 2026
Greenlight’s David Einhorn pitches five turnaround stocks at Sohn, from AI to infrastructure
The Greenlight Capital founder pitched five investment ideas in New York, focusing on companies he said are in a transitional period with catalysts for growth.
Waymo recalls 3,800 robotaxis after glitch allowed some vehicles to 'drive into standing water'
Waymo issued a voluntary recall of about 3,800 of its robotaxis to fix software issues that could allow them to drive into flooded roadways.
Companies start getting tariff refunds after Supreme Court decision
After the Supreme Court ruled some of President Trump's tariffs unconstitutional, the first wave of tariff refunds have begun flowing in.
Traders believe inflation could near 5% this year
Prediction markets traders see two-in-three odds that inflation will go above 4.5% this year, and nearly 40% odds that prices will accelerate above 5%.
Monday, May 11, 2026
OpenAI revenue chief Dresser says enterprise AI adoption is 'at a tipping point'
The OpenAI Development Company is a partnership with 19 investment and consultancy firms and is majority-owned and controlled by the startup.
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