Nonce News Desk

WIRES

Sam Altman Testifies That Elon Musk Sought Dynastic Control of OpenAI

Sam Altman testified that Elon Musk pushed for permanent personal control of OpenAI, suggesting leadership should eventually pass to his children.

05/12/2026

WIRES

Hegseth Says Trump Can Resume Iran Strikes Without Congress

Defense Secretary Hegseth told the Senate that Trump can restart Iran strikes without congressional approval, bypassing the War Powers Resolution's 60-day limit

05/12/2026

WIRES

S&P 500 Slips as Hot Inflation Data and Oil Surge Rattle Markets

The S&P 500 slipped Tuesday after April CPI came in hotter than expected at 3.8% annually, while oil surged past $102 on Iran war tensions.

05/12/2026

WIRES

US Inflation Hits 3.8% as Iran War Pushes Gasoline Prices Higher

US inflation reached 3.8% in April, the highest in three years, as the Iran war pushed gasoline prices sharply higher and squeezed American households.

05/12/2026

WIRES

US Inflation Hits 3.8% as Iran War Drives Energy Surge

US inflation climbed to 3.8% in April, the highest since May 2023, as surging energy costs tied to the Iran war weighed on consumers and clouded Fed policy.

05/12/2026

WIRES

S&P 500 Slips as Hot Inflation Data and Tech Selloff Weigh on Markets

The S&P 500 fell Tuesday after April inflation came in hotter than forecast and a sharp chip-stock selloff reversed Monday's record gains. Oil surged past $101.

05/12/2026

WIRES

Trump Ousts FDA Commissioner Marty Makary After Industry and White House Pressure

Trump confirmed FDA Commissioner Marty Makary is out after backlash from drugmakers, physicians, and the White House over regulatory decisions and slow reform.

05/12/2026

WIRES

Why the Stock Market Keeps Climbing Despite the U.S.-Iran War

The S&P 500 has hit all-time highs despite elevated oil prices from the U.S.-Iran war. Here are the three fundamental reasons markets keep rising.

05/12/2026

WIRES

US Inflation Hits 3.8% as Iran War Drives Energy Prices Higher

US inflation climbed to 3.8% in April, its highest since May 2023, as the Iran war drove energy and grocery costs sharply higher, the BBC reported.

05/12/2026

WIRES

UK Gilt Yields Surge as Starmer Leadership Fears Rattle Markets

UK gilt yields surged Tuesday as investor fears over a potential leadership change sent 10-year borrowing costs briefly to 5.13%, near post-2008 highs.

05/12/2026

WIRES

S&P 500 Slides as Inflation Surprises and Chip Stocks Tumble

The S&P 500 fell 0.7% Tuesday after April CPI hit 3.8% annually, surprising forecasts, while chip stocks led a broad tech selloff amid rising oil prices.

05/12/2026

WIRES

Kevin Warsh Confirmed as Fed Governor Ahead of Chair Vote

The Senate confirmed Kevin Warsh as a Federal Reserve governor 51-45, setting up Wednesday's expected vote to name him Fed chair replacing Jerome Powell.

05/12/2026

WIRES