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How flesh-eating screwworms in cattle could raise US beef prices

The first confirmed case in the U.S. during the latest outbreak represents a serious challenge for ranchers and could cause beef prices to rise further.

June 5, 2026
News

US races to contain flesh-eating parasite screwworm, reports no further cases

Following the first confirmation of screwworm, a flesh-eating parasite, on a U.S. farm in decades, federal and ​state officials have fanned out in South Texas, where a calf was found infested this week.

June 5, 2026
News

Drone explodes in Romanian port as Ukraine blames Russia for jamming it

A sea drone self-destructed near an oil terminal in Romania’s Black Sea port ‌of Constanta on Friday, without causing casualties, as Ukraine said Russia jammed the vessel causing it to drift off course.

June 5, 2026
News

US judge invalidates Trump policies targeting immigrants from 39 countries

President Donald Trump’s administration unlawfully barred applicants from 39 travel‑ban countries from receiving decisions on ​asylum, work permits, green cards and citizenship, a U.S. federal judge ‌ruled on Friday.

June 5, 2026
News

US jobs report tilts hawkish as Warsh takes over at Fed

The blowout May jobs report leaves Kevin Warsh to manage growing support among his colleagues for possible rate ​hikes.

June 5, 2026
News

US terrorist label for Brazil gangs risks higher business costs

The U.S. designation of Brazil’s biggest criminal groups as Foreign Terrorist Organizations (FTOs) starting Friday is likely to increase the risks and costs of doing business in ​a country where gangs have had years to penetrate the formal economy.

June 5, 2026
News

International Space Station astronauts in evacuation mode as Russia attempts to fix widening air leak

Astronauts aboard the International ‌Space Station were ordered by NASA to shelter in their ​spacecraft and prepare for ​potential evacuation on Friday as ⁠a Russian crew attempts ​to fix a worsening leak ​of air on its portion of the orbital laboratory, NASA said.

June 5, 2026
News

US rate futures lift rate hike odds in December after strong jobs report

U.S. interest rate futures on Friday increased the chances that the Federal Reserve will ​raise interest rates by the December policy meeting after a ‌blockbuster payrolls number for May, which sharply exceeded market expectations.

June 5, 2026
News

US posts another month of strong job gains in May; unemployment rate steady at 4.3%

The ‌U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year, and potentially giving the Federal Reserve more room to keep interest rates unchanged amid ​rising inflation stemming from the war with Iran.

June 5, 2026
News

US Supreme Court backs federal regulators in wins for FCC and SEC

The U.S. Supreme Court in a pair of rulings backing the power of federal agencies has reaffirmed limits it previously imposed on government regulators but rejected bids by challengers to push those constraints into new territory.

June 5, 2026

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