U.S. World Business Lifestyle
Today: July 03, 2026
Today: July 03, 2026

Economy

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CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Business|Economy|Finance|Stock Markets|World

Toronto home sales rise in June for fourth straight month

Greater Toronto Area home sales rose in June for a fourth straight month and prices increased, continuing the market's recovery following a slow start to

Toronto home sales rise in June for fourth straight month
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As America turns 250, museums and parks fight to preserve the country’s troubled history 

A few minutes' walk from Philadelphia's Independence Hall, where the nation's founding ideals were debated and declared, another part of the

As America turns 250, museums and parks fight to preserve the country’s troubled history 
Business|Economy|Political|Science|Technology|World

Argentina's plan for AI-run companies can't avoid humans

Argentine President Javier Milei generated both excitement and fear last month when he announced a congressional bill to create “non-

Argentina's plan for AI-run companies can't avoid humans
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Trump to visit Mount Rushmore to mark U.S. 250th celebrations

President Donald Trump on Friday travels to Mount Rushmore, the granite mountain in South Dakota where the heads of four American presidents are carved,

Trump to visit Mount Rushmore to mark U.S. 250th celebrations
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Global equity fund inflows rise as investors add tech stocks after market dip 

Inflows into global equity funds rose in the week to July 1, as investors took advantage of a pullback in major markets to add technology stocks, betting that the sector’s earnings

Global equity fund inflows rise as investors add tech stocks after market dip 
Africa|Business|Economy|Europe|Finance|MidEast|Stock Markets

Goldman dominates first-half M&A as dealmaking surges in EMEA

Goldman Sachs increased its share of mergers and acquisitions advisory work involving Europe, the Middle East and Africa in the first half of 2026,

Goldman dominates first-half M&A as dealmaking surges in EMEA
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Investors look for Fed clues, earnings signs as tech wobbles 

Investors in the coming week will seek clues about the likelihood of impending interest-rate hikes and early signs of a pivotal earnings season as they

Investors look for Fed clues, earnings signs as tech wobbles 
Business|Economy|Finance|Technology|World

Blackstone, CVC and MUFG among bidders for stake in Vietnam's MoMo, sources say

Blackstone, CVC Capital Partners and Japan's MUFG are among bidders for a stake in Vietnamese fintech firm MoMo as it presses

Blackstone, CVC and MUFG among bidders for stake in Vietnam's MoMo, sources say
Economy|Political|World

Iran's slain leader Khamenei laid in state in Tehran for week of mass funeral events

By Parisa Hafezi and Jana Choukeir DUBAI, July 3 - The body of Iran's slain Supreme Leader Ayatollah Ali Khamenei was lying in state in a vast hall in Tehran on Friday as clerics, officials, foreign

Iran's slain leader Khamenei laid in state in Tehran for week of mass funeral events
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Iran prepares for dayslong funeral for late Supreme Leader Ayatollah Ali Khamenei, killed in war

Iran is preparing for the dayslong funeral of the late Supreme Leader Ayatollah Ali Khamenei

Iran prepares for dayslong funeral for late Supreme Leader Ayatollah Ali Khamenei, killed in war
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Some federal employees bristle at America’s 250th birthday festivities after year of agonizing government overhaul

Some federal employees bristle at America’s 250th birthday festivities after year of agonizing government overhaul

Some federal employees bristle at America’s 250th birthday festivities after year of agonizing government overhaul
Africa|Business|Economy|World

Kenya private sector activity picks up in June, PMI shows

Kenya's private sector activity picked up in June, breaking a run of three previous monthly contractions, a survey showed on Friday.

Kenya private sector activity picks up in June, PMI shows
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Oil prices stable as US-Iran peace efforts hold

Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the

Oil prices stable as US-Iran peace efforts hold
Business|Economy|Environment|Finance|Stock Markets|World

Oil prices stable as US-Iran peace efforts hold

Oil prices were steady on Friday and little changed for the week as traders held on to hopes that attempts to secure peace in the Middle East between the

Oil prices stable as US-Iran peace efforts hold
Business|Economy|Europe|World

French services sector contracted in June by more than forecast, PMI shows

France's services sector contracted in June by more than initially forecast, as sluggish demand and inflationary pressures weighed on businesses, said a survey by S&P Global.

French services sector contracted in June by more than forecast, PMI shows
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Italy service sector returns to growth as cost pressures ease, PMI shows

Business in Italy's service sector grew marginally in June after three months of contraction, a survey showed on Friday, as cost pressures eased amid signs of de-escalation in

Italy service sector returns to growth as cost pressures ease, PMI shows
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Europe's STOXX 600 set for best week in over a month as rally broadens

Europe's benchmark STOXX 600 hovered near a record high on Friday and was set for its biggest weekly gain in over a month, underpinned by gains in cyclical

Europe's STOXX 600 set for best week in over a month as rally broadens
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Euro zone services sector contraction eased in June as inflation cooled sharply, PMI shows

The euro zone services industry contracted at a slower pace in June as cost pressures fell at the sharpest rate on record outside of pandemic-era lockdowns, helping to

Euro zone services sector contraction eased in June as inflation cooled sharply, PMI shows
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Japan keeps yen intervention threat alive, says in close touch with US

Japan issued a fresh warning to currency markets on Friday as Finance Minister Satsuki Katayama said Tokyo was in regular contact with

Japan keeps yen intervention threat alive, says in close touch with US
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Germany services contraction eases in June as cost pressures cool, PMI shows

Germany's services sector contracted for a third straight month in June as weaker demand, dragged down by higher prices and lower market confidence,

Germany services contraction eases in June as cost pressures cool, PMI shows
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Britain's services sector contracts sharply under strain of Iran war, PMI shows

Activity in Britain's dominant services sector contracted for a second month running in June and by the most since early 2023 as the fallout from the Iran war continued to

Britain's services sector contracts sharply under strain of Iran war, PMI shows
Business|Economy|World

Japan wage hikes top 5% for third year, backing BOJ rate-hike path

Japanese companies agreed to wage hikes of more than 5% for a third year, the nation's largest labour union group said on Friday,

Japan wage hikes top 5% for third year, backing BOJ rate-hike path
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Warsh and peace

The data releases are thinning out, earnings season hasn't kicked off yet and there are no big rate decisions looming, but a high-stakes NATO meeting, a glimpse into Kevin Warsh's

Warsh and peace