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Mayor of Southern California city to plead guilty to acting as agent of China, feds say

LOS ANGELES — The mayor of the Los Angeles-area city of Arcadia will plead guilty to illegally acting as an agent of China and has resigned from her municipal position, officials said Monday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Eileen Wang, who was elected mayor of

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S&P 500 Hits Record Highs Amid Trump’s China Visit News and AI-Sector Gains

TradingKey – As of midday, the S&P 500 advanced 0.34% to 7,424.04, and the Nasdaq Composite climbed 0.38% to 26,346.51. The Dow Jones Industrial Average remained nearly flat, edging down 0.01% to 49,604.50, as a recent surge in oil prices dampened the optimism surrounding artificial intelligence. Micron Technology (MU) continued its rally fueled by AI

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Stock Market Today, May 11: Archer Aviation Inches Higher After Positive Q1 Earnings

Today’s Change (0.54%) $0.04 Current Price $6.51 Key Data Points Market Cap $4.9B Day’s Range $6.25 – $6.74 52wk Range $4.80 – $14.62 Volume 917K Avg Vol 30M Gross Margin -663333.33% Archer Aviation (ACHR +0.54%), a developer of eVTOL aircraft for air taxis, closed Monday at $6.54, up 0.93%. The stock moved higher after Archer

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Brazil-China reciprocal visa-waiver comes into force, opening the door to Chinese business and leisure travel

Brazil-China reciprocal visa-waiver comes into force, opening the door to Chinese business and leisure travel

Starting today, 11 May 2026, holders of ordinary Chinese passports no longer need a visa for short-term visits to Brazil. The measure—published in Brazil’s Diário Oficial on Monday morning—allows stays of up to 30 days for tourism, business meetings, conferences, cultural events and family visits, and can be renewed once, giving visitors a theoretical maximum

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‘Sea of blaugrana’ celebrate at Barcelona LaLiga title parade

BARCELONA, Spain — The streets of Barcelona turned into a “sea of blaugrana” Monday to celebrate the team’s La Liga title win. Spanish media reported that over 750,000 people turned out to honor Barcelona, who defeated Real Madrid 2-0 on Sunday at Camp Nou to clinch a second consecutive league title. Editor’s Picks 1 Related

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GBP/USD Trades Sideways, USD/CAD Rally Still Looks Strong

GBP/USD Trades Sideways, USD/CAD Rally Still Looks Strong

GBP/USD is attempting a consolidation phase above 1.33500. USD/CAD is showing positive signs and might aim for more gains above 1.3725. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a recovery wave above 1.3515 and 1.3550. There is a key bearish trend line forming with resistance near 1.3620 on the hourly

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Jim Cramer says today’s market is punishing stocks harder than 1999

CNBC’s Jim Cramer said that while comparisons between today’s market and the dot-com bubble are growing louder, one key difference stands out: Wall Street is punishing stocks even more aggressively than it did in 1999. “We keep hearing this drumbeat that 2026 is 1999 all over again,” the “Mad Money” host said. “But the difference

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us treasury secretary scott bessent 1200x810

US Issues New Sanctions Over Iran’s Oil Shipments to China – Energy News, Top Headlines, Commentaries, Features & Events

By Andrea Shalal and Daphne Psaledakis Three people, nine companies hit with sanctions Four firms based in Hong Kong, four in UAE WASHINGTON, May 11 (Reuters) – The U.S. government on Monday announced sanctions against three people and nine companies, ​including four based in Hong Kong and four in the United Arab Emirates, for aiding

US Issues New Sanctions Over Iran’s Oil Shipments to China – Energy News, Top Headlines, Commentaries, Features & Events Read More »

Sergej Jakirovic says taking Hull to the Championship play-off final is “the best thing I’ve experienced in football” | Football News

Sergej Jakirovic says taking Hull to the Sky Bet Championship play-off final is “maybe the best thing that happened in football in my life” and that leading the Tigers out at Wembley will be “a dream come true”. After a goalless semi-final first leg against Millwall at the MKM Stadium on May 8, the 49-year-old

Sergej Jakirovic says taking Hull to the Championship play-off final is “the best thing I’ve experienced in football” | Football News Read More »

President Donald Trump and Elon Musk interact during the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025.

Elon Musk, Tim Cook part of US delegation heading to China with Trump

WASHINGTON – Tech entrepreneur Elon Musk and Apple CEO Tim Cook are among more than a dozen business executives who will accompany President Donald Trump this week on his trip to China as part of the U.S. delegation, according to a White House official. Trump is set to depart on May 12 for Beijing, making

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Reform UK

Reform UK surges in local elections, PM Starmer rejects calls to resign

LONDON — Prime Minister Keir Starmer’s Labour Party suffered a historic defeat in this week’s local elections, losing nearly 1,500 council seats across England while Nigel Farage’s Reform UK Party made dramatic gains, capturing more than 1,450 seats and control of multiple local authorities. Reform UK leader Nigel Farage toasts to local election victory. Source:

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US President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. (REUTERS/Evelyn Hockstein)

Tesla’s Elon Musk, Apple’s Tim Cook among CEOs set to join Trump on China trip

The White House on Monday released a list of 16 top executives invited to join President Trump on his trip to China this week. The president is set to depart Tuesday for Beijing for a series of meetings expected to last through Friday that will likely touch on issues like increasing AI communication and managing

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Eileen Wang in front of a field of American flags.

Eileen Wang, Mayor of Arcadia, accused of acting as Chinese agent

The former mayor of Arcadia resigned after admitting to acting as an illegal foreign agent of China in a federal plea deal unsealed on Monday. Eileen Wang agreed with prosecutors that she worked with the People’s Republic of China to boost propaganda with a fake news website on US soil between 2020 and 2022. She

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Dancers rehearse before an audition for the Radio City Rockettes at Radio City Music Hall in New York, on Wednesday, April 22, 2026. (AP Photo/Yuki Iwamura)

Zelenskiy’s Ex-Chief of Staff Named as Suspect in Major Corruption Probe

May 11 (Reuters) – Ukrainian authorities on ⁠Monday ⁠named President Volodymyr Zelenskiy’s powerful ⁠former chief of staff as a suspect in a ​major corruption probe, a move likely to pile pressure on the president’s office at ‌a sensitive moment in the ‌war with Russia. Kyiv’s political class was rocked by a wide-ranging investigation last ⁠year

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Stock Market Today, May 11: IonQ Rises as SkyWater Vote Advances Semiconductor Manufacturing Deal

Today’s Change (15.75%) $7.75 Current Price $56.99 Key Data Points Market Cap $18B Day’s Range $47.90 – $58.54 52wk Range $25.89 – $84.64 Volume 2.9M Avg Vol 26M Gross Margin -2879.52% IonQ (IONQ +15.75%), developer of trapped-ion quantum computers and software for complex problem-solving, closed Monday at $56.89, up 15.54%. The stock moved higher after

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Wei Fenghe

China sentences 2 ex-defense ministers to suspended death for corruption

NEWYou can now listen to Fox News articles! Two former Chinese defense ministers have been sentenced to death with a two-year reprieve for corruption, in one of the most severe punishments handed down to senior military officials in recent years. Reuters reported that Wei Fenghe and Li Shangfu received the suspended death sentences on May

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UK Government Keeps ‘All but Essential Travel’ Warning for UAE in Force

The United Kingdom’s Foreign, Commonwealth & Development Office (FCDO) has confirmed that its advisory against all but essential travel to the United Arab Emirates remains current as of 11 May 2026. The guidance—originally upgraded in February at the height of the Iran conflict—was reviewed again last night and still urges British nationals to defer non-critical

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Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (May 11, 2026)

Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (May 11, 2026)

2026.05.11 2026.05.11 Short-Term Analysis for Oil, Gold, and EURUSD for 11.05.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Today, oil is

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Keir Starmer

UK PM Keir Starmer refuses to resign amid growing Labour Party rebellion

NEWYou can now listen to Fox News articles! U.K. Prime Minister Sir Keir Starmer was battling to save his position Monday, refusing to step aside despite mounting pressure from within his own party and a wave of resignations among close aides. Resignation calls intensified after more than 70 Labor MPs publicly urged the Labor leader

UK PM Keir Starmer refuses to resign amid growing Labour Party rebellion Read More »