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Business

EBay rejects $56B takeover offer from GameStop

DS Staff | May 13, 2026

Online marketplace eBay’s board of directors on Tuesday officially rejected an unsolicited acquisition proposal from GameStop this month. The bid had valued the company at around $56 billion.

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Geopolitics

US, China oppose Strait of Hormuz shipping tolls

DS Staff | May 13, 2026

Senior US and Chinese officials recently agreed that no country should impose tolls on shipping in the Strait of Hormuz.

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Real Estate

Housing market remains weak

DS Staff | May 12, 2026

The housing market failed to gain momentum in April, with home sales barely gaining momentum during the typically busy spring season.

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Politics

Trump proposes gas tax relief as Iran conflict fuels price spike

DS Staff | May 12, 2026

President Donald Trump said he will temporarily suspend the federal gas tax to help Americans deal with rising fuel prices caused by the Iran war. However, Congress must approve the plan.