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Automakers aren't ready to commit to producing vehicles that run on high ethanol blends until the fuel is widely available. Oil marketing companies, on the other hand, are unwilling to invest in storing and supplying blends such as E85 and E100 until there are enough such vehicles on the road.
World News Today Live Updates on May 14, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chair in a 54–45 vote, replacing Jerome Powell. He will lead amid Trump’s push for rate cuts and inflation concerns. Warsh, previously a Fed governor, is expected to be the wealthiest Fed chair ever
ICE personnel may be present at FIFA World Cup matches in 2026 as part of broader security support, though they will not screen attendees for immigration status. The agency is offering assistance to local and federal partners as 48 teams play across North America.
Warsh will officially take over from current Fed Chair Jerome Powell once final White House paperwork is completed. Powell’s term as chair ends Friday, although he will remain on the Federal Reserve Board as a governor.
The rise of the technology is reshaping how doctors access medical knowledge, diagnose conditions and make treatment decisions, while also sparking debate over patient safety, privacy and doctors becoming overly reliant on AI systems.
US stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter inflation data. Producer prices surged, reinforcing expectations of prolonged Fed tightening. Markets also tracked Trump-Xi talks and rising geopolitical risks, while Morgan Stanley lifted its S&P target.
Jimmy Kimmel said his feud with Donald Trump has cost ABC billions while boosting “Jimmy Kimmel Live!” ratings. He joked about his impact at a Disney event and defended political satire, citing First Amendment protections amid ongoing disputes and criticism from the White House.
In a pivotal moment for the economy, the US Senate has officially confirmed Kevin Warsh as the chair of the Federal Reserve, just as inflation escalates. With President Donald Trump advocating for reduced interest rates, Warsh's leadership will be crucial at the next central bank meeting, where policymakers are wrestling with the implications of rising prices.
Eleven people survived a plane crash at sea about 80 miles off Melbourne, Florida, and spent five hours adrift on a raft before being rescued by Air Force reservists and the Coast Guard. All were accounted for and taken to hospital in stable condition.
In a recent address, Neel Kashkari, the Minneapolis Federal Reserve President, shared a cautiously positive outlook on the labor market in the U.S. He highlighted how the current Iran conflict is a significant driver of inflationary pressures. As such, the possibility of further interest rate increases remains a viable option.
LIC Housing Finance reported a 9.4% rise in Q4 net profit to Rs 1,497 crore, aided by lower provisions. The company also recommended a 500% dividend of Rs 10 per share for FY26. Meanwhile, Signature Global significantly reduced its net debt by 77% to Rs 200 crore in FY26, with PAT soaring to Rs 1,090 crore.
Global Medical Response (GMR), a key provider in emergency medical services, faced a rocky introduction to the New York Stock Exchange as its shares plummeted by 10%. This decline put its market cap at $3.01 billion, following a strategic reduction in IPO pricing.
Ford shares jumped as much as 15% after Morgan Stanley highlighted strong potential in its energy storage business. The broker sees possible supply deals with large commercial clients and hyperscalers, while Ford’s CATL partnership is viewed as a key advantage. Analysts also see growing value in its energy segment.
Before sentencing, Fleming addressed the court and expressed remorse over his role in the case. “It’s truly a nightmare I can’t wake up from,” Fleming told the judge. “I’m haunted by the mistakes I made.”
Fervo Energy made a stunning entrance to the Nasdaq, with its stock price leaping by 33.3%, marking the company’s market value at a remarkable $10 billion. The geothermal innovator successfully garnered $1.89 billion from its initial public offering. This milestone arrives amid increased energy demands driven by the rise of AI and data center operations, putting pressure on the U.S.
Bill Clinton's inaugural address in 1993 emphasized America's potential for renewal by focusing on its strengths rather than failures. His message encouraged citizens to seek internal solutions for national issues, framing the country as a living organism capable of healing itself.
Ukraine came under “one of the longest” Russian attacks with drone barrages targeting regions close to the border with NATO members in the western and southwestern part of the country, according to President Volodymyr Zelenskiy.
The lesson from Franz Kafka's quote is to choose ethical principles over societal acceptance. By doing what is right, individuals can foster credibility and long-term respect, while navigating the challenges of conformity in today's society.
