Zelle to expand peer-to-peer payment service to India this year

NEW YORK (AP) – Peer-to-peer payment service Zelle will expand to India later this year, the payment service’s first international market since the payment service launched nearly a decade ago.

China car exports jump 73% in May as high fuel prices raise interest in EVs

HONG KONG (AP) – China’s passenger car exports jumped 73% year-on-year in May to around 809,000 vehicles, an industry group reported Wednesday, as higher gasoline and diesel prices due to the war in Iran raised interest in electric vehicles.

US stung by higher energy prices that have pushed inflation above 4%

WASHINGTON (AP) – Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, up from 3.8% in April and the third straight monthly increase.

Editorials from The Washington Post, The Wall Street Journal, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Visa plugs its payment network into ChatGPT, letting AI agents shop

SAN FRANCISCO (AP) – Payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions on behalf of its user.

Solar power hits new milestones in US as Trump boosts coal over clean energy

Even as President Donald Trump boosts coal over clean energy, solar power is hitting new milestones in the U.S. and remains the leading source of new power.

A glossary to help understand an initial public offering

Anyone following SpaceX’s plans to sell shares to the public is likely to hear terms thrown around that describe steps and components of an initial public offering. Here’s a quick guide.

US home sales surge to fastest pace this year despite rising mortgage rates

Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand after a lackluster start to the spring homebuying season.

Kalshi to collect employment info from customers trading in some high-risk markets

NEW YORK (AP) – The prediction market platform Kalshi will start collecting customer employment information for trading in certain markets that are at heightened risk of insider trading, the company said.