Nonce News Desk

WIRES

Nasdaq Hits Record High as Oil Retreats and Earnings Beat Expectations

The Nasdaq hit a new all-time intraday high Tuesday as falling crude prices and a wave of strong corporate earnings powered a broad Wall Street rally.

05/05/2026

WIRES

Jerome Powell’s Decision to Stay at the Fed Draws Sharp Rebuke From Senate Banking Chair

Senate Banking Chair Tim Scott says Jerome Powell is breaking 75 years of precedent by staying on the Fed board after his chair term expires May 15.

05/05/2026

WIRES

Spirit Airlines Begins Lengthy Wind-Down After Historic U.S. Airline Collapse

Spirit Airlines began its court-supervised wind-down Tuesday, filing a $217 million dismantling budget after the biggest U.S. airline collapse in a generation.

05/05/2026

MARKETS

Andreessen Horowitz Raises $2.2 Billion Cryptocurrency Fund Targeting Stablecoins and DeFi

Andreessen Horowitz raised $2.2 billion for its fifth cryptocurrency fund on May 5, targeting stablecoins, DeFi, and early-stage builders as VC competition.

05/05/2026

WIRES

Lidl Loyalty Scheme Overhaul Draws Shopper Backlash

Lidl's revamped loyalty scheme replaces reward coupons with a points system, but shoppers say the change leaves them saving far less than before.

05/05/2026

WIRES

UK Long-Term Borrowing Costs Hit 28-Year High

UK 30-year gilt yields hit a 28-year high on Tuesday as the Iran war disrupts energy markets and domestic political uncertainty mounts ahead of key elections.

05/05/2026

WIRES

Tim Scott Slams Jerome Powell for Staying on the Fed Board

Senate Banking Chair Tim Scott says Jerome Powell is making a "significant mistake" by staying on the Fed board after his chair term expires May 15. (158 chars)

05/05/2026

WIRES

Microsoft Xbox CEO Asha Sharma Overhauls Leadership Team

Xbox CEO Asha Sharma has reshuffled her leadership team, pulling in executives from Microsoft's CoreAI group as gaming revenue continues to slide. 155 chars

05/05/2026

WIRES

Intel Soars to All-Time High on Apple Chip Partnership Report

Intel shares surged 14% to an all-time high Tuesday after Bloomberg reported Apple is exploring using Intel chips for U.S.-made devices. Here's what's driving t

05/05/2026

MARKETS

Figure Challenges Fannie Mae and Freddie Mac With Blockchain

Figure is using its blockchain mortgage platform to challenge Fannie Mae and Freddie Mac, saying it can cut first-lien origination costs significantly for.

05/05/2026

WIRES

Nissan Sunderland Line Closure and 900 European Job Cuts

Nissan will close one Sunderland production line and cut 900 European jobs as part of its RE:Nissan recovery plan, with Chery talks ongoing.

05/05/2026

WIRES

UK Long-Term Borrowing Costs Hit 28-Year High

UK 30-year gilt yields have hit a 28-year high as the Iran war and pre-election political uncertainty compound pressure on government debt markets.

05/05/2026

WIRES

Trump Administration Moves to Test AI Models Before Public Release

The Trump administration is expanding AI oversight, striking pre-deployment testing deals with Google DeepMind, Microsoft and xAI while eyeing a new AI working

05/05/2026

WIRES

Microsoft Xbox CEO Asha Sharma Overhauls Leadership Team

Xbox CEO Asha Sharma is reshaping the division's leadership team after four revenue declines in six quarters, bringing in executives from CoreAI and Instacart.

05/05/2026

WIRES

Intel Hits All-Time High on Apple Chip Talks Report

Intel stock surged 14% to an all-time high Tuesday after reports emerged that Apple is in talks to source processors from Intel and Samsung for US devices.

05/05/2026