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Today: August 18, 2026
Today: August 18, 2026

Economy

Business|Economy|Finance|US|World

Rubio and Bessent stayed on decoy flight from Turkey as Trump switched planes, official says

Secretary of State Marco Rubio and Treasury Secretary Scott Bessent flew out of last month’s NATO summit in Turkey on what was effectively a decoy plane, while President Donald Trump was secreted onto another plane following an Iranian threat

Rubio and Bessent stayed on decoy flight from Turkey as Trump switched planes, official says
Australia|Business|Economy|Finance|World

Australia central banker says rate risks are skewed higher

A senior Australian central banker on Thursday warned of the risk of further policy tightening, saying inflation threats remain on the upside and "a lot of

Australia central banker says rate risks are skewed higher
Business|Economy|Technology|World

Strong majority of Japanese firms have yet to fully embrace AI: Reuters poll

More than 80% of Japanese companies use artificial intelligence in only a limited capacity in their operations or not at all, a Reuters survey showed on

Strong majority of Japanese firms have yet to fully embrace AI: Reuters poll
Business|Economy|Environment|Europe|Technology|World

Global EV sales rise in July as Europe offsets weakness in China and North America

Global demand for electric vehicles rose for a fifth consecutive month in July, driven by robust growth in Europe while sales weakened in China and North America,

Global EV sales rise in July as Europe offsets weakness in China and North America
Business|Economy|Finance|Political|World

Brazil Congress approves spending curbs as debt concerns mount

The Brazilian Congress approved on Wednesday spending-control mechanisms proposed by the government in an effort to rein in

Brazil Congress approves spending curbs as debt concerns mount
Business|Economy|Finance|Stock Markets|World

Japan's wholesale inflation stays hot, bolstering odds of September BOJ hike

Japan's annual wholesale inflation remained elevated in July, data showed on Thursday, highlighting broadening price pressures and reinforcing market

Japan's wholesale inflation stays hot, bolstering odds of September BOJ hike
Business|Economy|Finance|Stock Markets

Shein's slowing growth tests investor appetite ahead of Hong Kong IPO

Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak,

Shein's slowing growth tests investor appetite ahead of Hong Kong IPO
Australia|Business|Economy|Finance|World

ANZ says home loan applications fall 12%, records A$1.9 billion quarterly profit

Australian lender ANZ Group said on Thursday home loan applications had slumped 12% since the Labor government scrapped lucrative

ANZ says home loan applications fall 12%, records A$1.9 billion quarterly profit
Business|Economy|Finance|Stock Markets|World

Venezuela looks to UK-held gold reserves for reconstruction as inflation surges

Venezuelan authorities plan to focus on reconstruction efforts and recovering gold reserves worth an estimated $4 billion held in the Bank of England's underground vaults, National

Venezuela looks to UK-held gold reserves for reconstruction as inflation surges
Business|Economy|Travel|World

American Airlines shakes up leadership as CEO faces pressure to close profit gap

American Airlines is reorganizing senior management, broadening oversight across its commercial and operations teams and adding a former Spirit

American Airlines shakes up leadership as CEO faces pressure to close profit gap
Business|Economy|Finance|Stock Markets

Trading Day: AI cheer, new highs near

Upbeat tech earnings pushed the Nasdaq, S&P 500 and MSCI All Country indices to within a whisker of their all-time highs on Wednesday, while

Trading Day: AI cheer, new highs near
Business|Economy|Environment|Science|Technology

Battery cell production at Ohio plant to restart for GM EVs

A factory jointly owned by General Motors and LG Energy Solution in northeast Ohio is scheduled to restart production of battery cells next week after a seven

Battery cell production at Ohio plant to restart for GM EVs
Business|Economy|Finance|Stock Markets|Technology|US

Trump sued over service that offers paid early access to Truth Social posts

Donald Trump was sued on Wednesday by two media entities seeking to shut down a new service that sells paid access to the U.S. president's posts,

Trump sued over service that offers paid early access to Truth Social posts
Business|Economy|Environment|Technology

Ford to move production of some Lincoln models from China to US

Ford Motor plans to move production of some Lincoln models from China to the U.S. beginning in 2030, Ford's CEO told Reuters on Wednesday, saying the move

Ford to move production of some Lincoln models from China to US
Business|Economy|Political|World

Senators press Rubio, Bessent on lack of counter-evasion sanctions on Russia

Two senior Democratic U.S. senators on Wednesday pressed Trump administration officials on why they have paused imposing fresh sanctions on companies, banks and other

Senators press Rubio, Bessent on lack of counter-evasion sanctions on Russia
Business|Economy|Science|Technology

Cerebras shares plummet 16% after results fail to impress investors

By Anhata Rooprai and Max A.

Cerebras shares plummet 16% after results fail to impress investors
Americas|Economy|Environment|Health|Political|World

Earthquake response strains Colombia's new government and rescuers as they race against the clock

The search for life in the rubble of Colombia’s powerful earthquake is growing more desperate as search teams push up against a key time threshold to locate survivors before it's too late

Earthquake response strains Colombia's new government and rescuers as they race against the clock
Business|Economy|Political|World

Canada unhappy with latest US offer to lower tariffs, CBC reports

Canadian officials working to persuade Washington not to impose additional tariffs next week are unhappy with the latest U.S. offer to ease the measures, CBC News reported on

Canada unhappy with latest US offer to lower tariffs, CBC reports
Business|Economy|Environment|World

Top US refiners see profits soar, step up investor rewards

Top U.S. fuel makers boosted returns to shareholders in the second quarter as prolonged disruptions to crude supplies through the Strait of Hormuz sent fuel prices and

Top US refiners see profits soar, step up investor rewards
Arts|Business|Economy|Entertainment|Sports

Basketball-Iger, Kushner purchasing Lakers for record $12.5 billion

Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal

Basketball-Iger, Kushner purchasing Lakers for record $12.5 billion
Business|Economy|Finance|Stock Markets|World

Oil prices climb again, as global stocks gain

Global equities were higher on Wednesday after mild inflation data reinforced bets the Federal Reserve will hold interest rates

Oil prices climb again, as global stocks gain
Business|Economy|Technology

Cisco forecasts annual revenue above estimates on sustained AI spending

Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue

Cisco forecasts annual revenue above estimates on sustained AI spending
Business|Economy|Political|World

Russia says Ukrainian attacks are pushing up global food prices, causing grain shortages

Russian said on Wednesday that Ukrainian strikes on its grain and agricultural infrastructure were

Russia says Ukrainian attacks are pushing up global food prices, causing grain shortages
Business|Crime|Economy|Education|Europe|Health|Lifestyle|Political|US|World

3 found dead, including child, inside Hopkins home daycare, police say

3 found dead, including child, inside Hopkins home daycare, police say

3 found dead, including child, inside Hopkins home daycare, police say
Business|Economy|Environment

Waynesville seeks $1M to strengthen Walnut Trail Bridge serving wastewater plant

Waynesville seeks $1M to strengthen Walnut Trail Bridge serving wastewater plant

Waynesville seeks $1M to strengthen Walnut Trail Bridge serving wastewater plant
Economy|Education|Health|Political|World

Afghanistan's Taliban rulers detain two members of the UN political mission

The United Nations says Afghanistan’s Taliban rulers have detained two Afghan members of the U.N. political mission in the country

Afghanistan's Taliban rulers detain two members of the UN political mission
Business|Economy|Environment|Science|World

Brazil Supreme Court upholds laws that led to downfall of Amazon soy moratorium

Brazil’s Supreme Court has upheld state laws denying tax incentives to farmers who adhered to the country's soy moratorium

Brazil Supreme Court upholds laws that led to downfall of Amazon soy moratorium
Business|Economy|Education|Health|Political

Michigan’s local election officials are confident in voting integrity ahead of November’s midterm election

Despite their high confidence overall, almost half of surveyed election officials worried about the cost of running elections.

Michigan’s local election officials are confident in voting integrity ahead of November’s midterm election
Business|Economy|Technology|World

Lawsuit seeks to ban Trump Media from charging for early access to president's posts on US policy

President Donald Trump was sued in federal court Wednesday to stop him from making money off a new, paid service at his Truth Social company offering early, exclusive access to his posts on U.S. policy

Lawsuit seeks to ban Trump Media from charging for early access to president's posts on US policy
Business|Economy|Election|Finance|Stock Markets|US

Trump is making a rare Western trip to raise cash for Republicans and talk about the economy

President Donald Trump is making a rare visit to California and Nevada to try to draw contrasts with Democrats on the economy and other issues

Trump is making a rare Western trip to raise cash for Republicans and talk about the economy
Crime|Economy|Political|US

Republicans see Minnesota fraud scandal as a chance to go on offense in a blue state

Republicans in Minnesota see a chance to regain influence after a fraud scandal rocked state government

Republicans see Minnesota fraud scandal as a chance to go on offense in a blue state
Business|Economy|Science|Technology

Inside the Google executive moves that led to its big AI reshuffle

Google co-founder Sergey Brin in recent months has urged key AI staff to go all in on the company's Gemini model as parent Alphabet seeks to close the

Inside the Google executive moves that led to its big AI reshuffle
Business|Economy|MidEast|Political|World

Iran says no progress on reviving interim peace deal with US

Iran and the United States remain at

Iran says no progress on reviving interim peace deal with US
Business|Economy|Environment|World

Ukraine pounds naval base, grain terminals at Russia's Black Sea port of Novorossiysk

A major Ukrainian attack on Russia's Black Sea port city of Novorossiysk hit warships at a naval base and forced two major grain terminals to halt operations on Wednesday, according

Ukraine pounds naval base, grain terminals at Russia's Black Sea port of Novorossiysk
Business|Economy|Finance|World

US budget deficit widens in July on higher outlays, negative tariff receipts

The U.S. federal budget deficit for July jumped to $432 billion, a record for the month, as higher outlays and more negative tariff revenues also brought the 2026

US budget deficit widens in July on higher outlays, negative tariff receipts
Business|Economy|Finance|Stock Markets|Technology

S&P 500 ends higher as CoreWeave results fuel AI optimism

The S&P 500 and the Nasdaq ended higher on Wednesday, lifted by upbeat quarterly results from CoreWeave and other AI infrastructure firms, while

S&P 500 ends higher as CoreWeave results fuel AI optimism
Business|Economy|Environment|World

Wall Street rises near a record as AI stocks climb and worries about inflation ease a bit

Wall Street finished just shy of a record after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month

Wall Street rises near a record as AI stocks climb and worries about inflation ease a bit
Americas|Arts|Crime|Economy|Political

Trump administration’s Freedom 250 organization allegedly misdirected donors away from bipartisan America250 charity

An accounting scholar explains what charitable solicitation fraud is and how it’s connected to allegations some Democratic lawmakers made on July 2, 2026.

Trump administration’s Freedom 250 organization allegedly misdirected donors away from bipartisan America250 charity
Business|Economy|Finance|Political|Stock Markets|Technology|US

Trump sued on First and Fifth Amendment grounds over paid Truth Social access

Trump sued on First and Fifth Amendment grounds over paid Truth Social access

Trump sued on First and Fifth Amendment grounds over paid Truth Social access
Business|Crime|Economy|Political|World

US government charges 11 people in scheme to obtain green cards through sham marriages

The Department of Justice has charged nearly a dozen people with participating in a multimillion-dollar scheme to help hundreds of Chinese nationals fraudulently obtain green cards through sham marriages to U.S. citizens

US government charges 11 people in scheme to obtain green cards through sham marriages
Business|Economy|Finance|Political|US

Everyone wants to 'tax the rich.' In New York City, it's getting complicated

Across the country, calls to “tax the rich” have become potent political slogans that helped propel progressives like Mayor Zohran Mamdani to positions of power

Everyone wants to 'tax the rich.' In New York City, it's getting complicated
Business|Economy|Health|Technology

The typical gig worker is changing – and struggling more than ever to make ends meet

For many gig workers, app-based work is no longer just about extra cash but economic need, a new survey finds.

The typical gig worker is changing – and struggling more than ever to make ends meet
Economy|Europe|World

Putin says Russia will start seizing European vessels if its ships targeted

President Vladimir Putin said on Wednesday that Russia will respond in kind if European countries start to seize Russian merchant vessels

Putin says Russia will start seizing European vessels if its ships targeted
Business|Economy|Finance|Stock Markets|US

Peltz-led group preparing bid to take Wendy's private, source says

Nelson Peltz's Trian Fund Management is forming a consortium of investors to take fast-food chain Wendy's private, a source familiar with

Peltz-led group preparing bid to take Wendy's private, source says
Business|Economy|World

Russian July inflation slows to 0.54% m/m

Russia's consumer price index (CPI) rose 0.54% in July after increasing 0.87% in June, data from the state statistics service showed on Wednesday.

Russian July inflation slows to 0.54% m/m
Business|Economy|Stock Markets|Technology|World

Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year

Copper foil maker Londian Wason New Energy Tech was valued at $2.01 billion in its New York Stock Exchange debut on Wednesday, marking the

Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year
Business|Economy|Environment|Finance|Stock Markets|US|World

Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand

Oil prices rose slightly on Wednesday as attacks on ships in the Middle East continued and talks to end the Iran war hit an impasse.

Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
Business|Economy|Technology|World

Uber invests in Latin American motorcycle lender Galgo to finance gig workers

Uber will invest in Galgo, a Latin American lender focused on motorcycle purchases, as the ride-hailing giant looks to expand access to vehicles for

Uber invests in Latin American motorcycle lender Galgo to finance gig workers
Asia|Business|Economy|Finance|World

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push

Bank of America will acquire as much as a 49.9% stake in the non-bank lending arm of Jio Financial Services in a 182.68 billion rupee ($1.92

BofA to take 49.9% stake in Jio Credit for $1.9 billion in India push
Business|Economy|Finance|Sports|US

A blockbuster $12.5B deal as Josh Kushner and Bob Iger agree to buy the Lakers, AP source says

The Los Angeles Lakers are being sold for the second time in a year, going to businessmen Josh Kushner and Bob Iger for a record-breaking price

A blockbuster $12.5B deal as Josh Kushner and Bob Iger agree to buy the Lakers, AP source says
Economy|Education|Health|World

Half of Afghan women rarely leave home as Taliban restrictions deepen, UN agency says

Half of Afghan women now leave their homes only once or twice a month as Taliban-imposed restrictions curtail their freedom of movement and

Half of Afghan women rarely leave home as Taliban restrictions deepen, UN agency says
Business|Economy|Health

Home Depot CEO to take temporary medical leave for a few months

Home Depot said on Wednesday CEO Ted Decker will take a temporary medical leave of absence and is expected to return within the next few months.

Home Depot CEO to take temporary medical leave for a few months
Business|Economy|Finance|Stock Markets

Goldman doubles down on active ETFs with $2.3 billion Neos deal

Goldman Sachs will acquire exchange-traded funds provider Neos Investments for as much as $2.25 billion, as the investment bank looks to bolster its presence in

Goldman doubles down on active ETFs with $2.3 billion Neos deal
Business|Economy|Finance|Stock Markets|World

Dollar gains, yen slips as US CPI meets expectations

The dollar gained on Wednesday after U.S. consumer price inflation matched economists' expectations in July, even as traders pushed back expectations on when the

Dollar gains, yen slips as US CPI meets expectations
Business|Economy|Finance|World

Instant View: Market shrugs off in-line July CPI report

U.S. consumer prices increased slightly in July, potentially weakening the argument for an interest rate increase from the Federal Reserve next month.

Instant View: Market shrugs off in-line July CPI report
Business|Economy|Environment|Finance|Stock Markets|World

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says

Global oil supply will fall by 4.3 million barrels per day, or around 4%, this year, the International Energy Agency said on Wednesday, as renewed

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
Business|Economy|Finance|World

Sri Lanka cenbank sees no need for further rate hikes but will remain vigilant, governor says

Sri Lanka's central bank sees no need for more interest rate hikes this year after its unexpected raise in May, with inflation expected to peak around

Sri Lanka cenbank sees no need for further rate hikes but will remain vigilant, governor says
Business|Economy|Finance|Stock Markets|Technology

S&P 500, Nasdaq open higher after inflation data, earnings boost

The S&P 500 and the Nasdaq opened higher on Wednesday as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided

S&P 500, Nasdaq open higher after inflation data, earnings boost
Business|Economy|Stock Markets|Technology

CoreWeave, Super Micro surge on signs of sustained AI buildout

Shares of CoreWeave and Super Micro Computer jumped to their highest since June on Wednesday after upbeat forecasts from the two AI infrastructure companies signaled

CoreWeave, Super Micro surge on signs of sustained AI buildout
Business|Economy|Finance|Stock Markets|US|World

US consumer inflation mild in July, economy still not out of the woods

U.S. consumer prices barely increased in July as the cost of gasoline declined for a second straight month, while underlying inflation was benign,

US consumer inflation mild in July, economy still not out of the woods
Business|Economy|Finance|Stock Markets|World

Fed expected to leave rates unchanged next month after soft inflation data

Federal Reserve policymakers are likely to feel little fresh urgency to raise interest rates in September after data on Wednesday showed inflation cooled on a year-

Fed expected to leave rates unchanged next month after soft inflation data
Business|Economy|Finance|World

Global stocks hold gains after in-line US CPI

Global stocks held on to gains on Wednesday after U.S. inflation data came in as expected, while oil prices edged higher after a senior

Global stocks hold gains after in-line US CPI
Business|Economy|Finance|Stock Markets|US

US annual inflation cooled to 3.4% in July as gas prices ease

US annual inflation cooled to 3.4% in July as gas prices ease

US annual inflation cooled to 3.4% in July as gas prices ease
Business|Economy|Environment|Political|World

Drone strike in western Libya torches a power substation, triggering outages

A drone strike has ignited a fire at an electrical substation in western Libya, knocking it out of service

Drone strike in western Libya torches a power substation, triggering outages
Business|Economy|Science|Technology

Google unveils latest Pixel phones with slimmer cameras and more AI features

Google on Wednesday unveiled its latest lineup of Pixel phones, with slimmer cameras that include more a powerful zoom and artificial intelligence features designed to help users accomplish things with fewer taps and swipes

Google unveils latest Pixel phones with slimmer cameras and more AI features
Business|Economy|Finance

Inflation slows but prices remain elevated as Iran war and spending on AI push up prices

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy

Inflation slows but prices remain elevated as Iran war and spending on AI push up prices
Asia|Economy|Political|World

Zhu Rongji, Chinese premier who cajoled economy into modern era, dies at 97

Former Chinese Premier Zhu Rongji, who died on Wednesday aged 97, was never one to mince his words.

Zhu Rongji, Chinese premier who cajoled economy into modern era, dies at 97
Business|Economy|Europe|Finance|Stock Markets|World

FTSE 100 falls for third straight session; Balfour Beatty jumps to record high

London's FTSE 100 closed lower on Wednesday for the third straight day, as investors cautiously monitored efforts to end the war in the Middle East, while Balfour Beatty soared to a

FTSE 100 falls for third straight session; Balfour Beatty jumps to record high
Asia|Business|Economy|Finance|Stock Markets|World

China's central bank pledges timely new policy rollout

China's central bank said on Wednesday it would maintain an appropriately loose monetary stance and roll out practical, effective measures as needed, but stopped short of

China's central bank pledges timely new policy rollout
Business|Economy|Environment|World

OPEC further lowers 2026 global oil demand growth forecast

LONDON, Aug 12 - OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth straight downward

OPEC further lowers 2026 global oil demand growth forecast
Economy|Political|World

Saudi Arabia bets on defensive alliances to deter slide into war

Increasingly dragged into a war it did not choose, Saudi Arabia is building regional defensive

Saudi Arabia bets on defensive alliances to deter slide into war
Business|Economy|Finance|Stock Markets|US|World

US stock futures pare gains after July inflation data

U.S. stock index futures pared gains slightly on Wednesday as investors assessed a largely in-line inflation reading for July.

US stock futures pare gains after July inflation data
Business|Economy|Education|Health|Science|Technology

Layoffs tied to AI hurt worker productivity – and the reason may surprise managers

For too many companies, the adoption of artificial intelligence has become an AI hunger game that spreads fear rather than engagement.

Layoffs tied to AI hurt worker productivity – and the reason may surprise managers
Business|Economy|Environment|Finance

As oil profits skyrocket, calls for windfall taxes rise

Oil companies are making massive profits and stockpiling cash, and holding off on changing their investment plans.

As oil profits skyrocket, calls for windfall taxes rise
Business|Economy|Europe|Political|World

Putin threatens retaliation for Western seizures of Russian commercial vessels

Russian President Vladimir Putin has threatened retaliation against Western seizures of Russian commercial vessels, calling them "piracy."

Putin threatens retaliation for Western seizures of Russian commercial vessels
Economy|Election|Finance|Political|US

David Crowley wins Democratic primary for Wisconsin governor over progressive Francesca Hong

Moderate Democrat David Crowley has won the Wisconsin primary for governor

David Crowley wins Democratic primary for Wisconsin governor over progressive Francesca Hong
Business|Economy|Education|Environment|Science

Beloved Massachusetts zoo closed after powerful storm damages animal enclosures: "It was overwhelming"

Beloved Massachusetts zoo closed after powerful storm damages animal enclosures: "It was overwhelming"

Beloved Massachusetts zoo closed after powerful storm damages animal enclosures: "It was overwhelming"
Americas|Arts|Business|Crime|Economy|Environment|Health|World

After a whisper saved baby and father from rubble, the search is on for mother in collapsed building in Colombia

After a whisper saved baby and father from rubble, the search is on for mother in collapsed building in Colombia

After a whisper saved baby and father from rubble, the search is on for mother in collapsed building in Colombia
Business|Economy|Food

How the Whopper reignited the burger wars

How the Whopper reignited the burger wars

How the Whopper reignited the burger wars
Economy

Zhu Rongji, the ‘economic czar’ who helped turn China into a powerhouse, dies at 97

Zhu Rongji, the ‘economic czar’ who helped turn China into a powerhouse, dies at 97

Zhu Rongji, the ‘economic czar’ who helped turn China into a powerhouse, dies at 97
Business|Economy|Environment|Political|World

Wildfires, heatwaves pose growing fiscal risk to Greece, PM adviser says

Wildfires and heatwaves pose a growing medium- and long-term fiscal risk for Greece and the wider region, a senior adviser to Prime Minister Kyriakos Mitsotakis

Wildfires, heatwaves pose growing fiscal risk to Greece, PM adviser says
Business|Economy|Stock Markets|Technology

Hedge funds upped short AI bets in July, Hazeltree says

Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw

Hedge funds upped short AI bets in July, Hazeltree says
Business|Economy|Political|World

Iran to join BRICS development bank soon, central bank governor says

Iran will soon join the New Development Bank, the development lender established by the BRICS group of nations, central bank governor Abdolnaser Hemmati said in a state media

Iran to join BRICS development bank soon, central bank governor says
Economy|Environment|Science|Technology|World

Rain pounds Beijing as Typhoon Dolphin sweeps through China

China's strongest typhoon this year battered the capital with bouts of intense rain that flooded key roads and

Rain pounds Beijing as Typhoon Dolphin sweeps through China
Asia|Business|Economy|Technology

Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Wednesday a 35% rise in second-quarter profit, beating analyst forecasts, on continued strong

Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts
Business|Economy|Technology|World

Norway wealth fund posts record $184 billion profit in first half of 2026

Norway's $2.3 trillion sovereign wealth fund, the world's largest, posted a record profit of 1.75 trillion Norwegian crowns ($184.3 billion) for

Norway wealth fund posts record $184 billion profit in first half of 2026
Business|Economy|Environment|Finance|Technology|US|World

Bank of America pledges $250 billion for US infrastructure financing

Bank of America said on Wednesday it plans to deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects, a move

Bank of America pledges $250 billion for US infrastructure financing
Business|Economy|Travel|World

Head of US travel association sounds alarm on potential expansion of visa bond program

The U.S.

Head of US travel association sounds alarm on potential expansion of visa bond program
Business|Crime|Economy|Finance|Stock Markets|Technology|US|World

NYC Council probes Polymarket over alleged predatory marketing practices

New York City Council Speaker Julie Menin has accused major prediction market startups of using predatory marketing practices to exploit young traders, according to a letter sent to

NYC Council probes Polymarket over alleged predatory marketing practices
Business|Economy|Finance|Stock Markets

Investors worry leaner Fed guidance may come at a price

Investors are questioning whether Federal Reserve Chairman Kevin Warsh can successfully unwind decades of

Investors worry leaner Fed guidance may come at a price
Business|Economy|US

Trump administration set to spend at least $900 million on White House construction, Washington Post reports

The Trump administration is set to spend at least $900 million for construction projects on the White House grounds, the Washington Post reported on Wednesday, citing records.

Trump administration set to spend at least $900 million on White House construction, Washington Post reports
Asia|Business|Economy|Political|World

Pakistan's ruling party poised to win Kashmir elections amid deadly clashes, analysts say

Pakistan's ruling party appeared poised to win a majority in Pakistan-administered Kashmir's local assembly, even as some of the most closely watched

Pakistan's ruling party poised to win Kashmir elections amid deadly clashes, analysts say
Asia|Business|Economy|World

Chair of India's Tata to step down after tension with controlling charity

The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing

Chair of India's Tata to step down after tension with controlling charity
Asia|Business|Economy|World

India's inflation accelerates to 4.45%, but unlikely to shift RBI rate outlook

India's retail inflation accelerated in July, led by higher food prices, to a pace that is still unlikely to push the central bank to hike interest rates

India's inflation accelerates to 4.45%, but unlikely to shift RBI rate outlook
Business|Economy|Finance|Stock Markets|US|World

Inflation obscures all

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It's inflation day stateside and an important moment for Federal

Inflation obscures all
Economy|Education|Health|Political

Trump’s vaccine order hands some MAHA voters a win. It also gives Democrats an attack line

President Donald Trump's executive order to change the childhood vaccine schedule could endear him to some “Make America Healthy Again” voters who want more flexibility on immunization

Trump’s vaccine order hands some MAHA voters a win. It also gives Democrats an attack line
Asia|Economy|Political|World

Ex-Chinese Premier Zhu Rongji, architect of growth, dies of illness at 98

Former Chinese Premier Zhu Rongji has died, according to state media

Ex-Chinese Premier Zhu Rongji, architect of growth, dies of illness at 98
Business|Economy|Entertainment|Finance|Lifestyle|Technology

The cars that won't be around next year, according to Edmunds

Before you head to the dealership for your next car, read this first — because if the car you want is on this list, you might be out of luck

The cars that won't be around next year, according to Edmunds
Business|Economy|Finance|Stock Markets|World

Norway wealth fund posts record $184 billion profit in first half of 2026

Norway's $2.3 trillion sovereign wealth fund, the world's largest, posted a record 1.75 trillion Norwegian crowns ($184.3 billion) profit for the first half of the

Norway wealth fund posts record $184 billion profit in first half of 2026
Business|Economy|Environment|Science|Technology

Nigeria's EV ambitions run into reality of weak electricity supply

Nigeria approved tax waivers for nearly 4,000 electric vehicles in the first half of this year, government data showed, as authorities push to accelerate nascent EV adoption

Nigeria's EV ambitions run into reality of weak electricity supply
Asia|Business|Economy|Finance|World

Japan fund managers chase retail cash as JGB yields surge

After years of paying investors almost nothing, Japanese government bonds are suddenly worth owning again, and domestic asset managers are hurrying to give

Japan fund managers chase retail cash as JGB yields surge
Business|Economy|Finance|Stock Markets|World

HSBC global insurance business head Moncreiffe to leave, sources say

HSBC's global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender,

HSBC global insurance business head Moncreiffe to leave, sources say
Business|Economy|Environment|Political|World

New attacks on shipping as Iran war talks hit fresh impasse

The U.S. and Yemen's Iran-aligned Houthis reported separate attacks on shipping on Tuesday as prospects for ending the Iran war appeared

New attacks on shipping as Iran war talks hit fresh impasse
Business|Economy|World

European stocks ease from record highs as investors weigh earnings, Middle East risks

European shares pulled back from record highs on Wednesday, as investors digested corporate earnings reports and developments in the Middle East,

European stocks ease from record highs as investors weigh earnings, Middle East risks
Business|Economy|Finance|Stock Markets|Technology

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout

Nvidia said on Monday it has partnered with six major financial institutions to launch compute

Nvidia partners with Wall Street giants to raise $500 billion for AI buildout
Business|Economy|Election|Political|World

New Zealand's Luxon survives party vote that exposes cracks ahead of election

New Zealand Prime Minister Christopher Luxon survived a confidence vote on Wednesday, seeing off a leadership challenge from his defence

New Zealand's Luxon survives party vote that exposes cracks ahead of election
Business|Economy|Finance|Political|World

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast

Authorities in Yemen say at least six people were killed when Iran-backed Houthi rebels fired missiles on a vessel in the Bab el-Mandeb strait

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast
Asia|Business|Economy|Environment|Technology|World

Hiroshi Okuda, who led Toyota's climb as a global automaker, dies at 93

Hiroshi Okuda, the former chief executive of Toyota who led the Japanese automaker’s stellar rise in global markets, has died at 93

Hiroshi Okuda, who led Toyota's climb as a global automaker, dies at 93
Business|Economy

Boston Fed's Collins open to interest rate increase in September, FT says

U.S.

Boston Fed's Collins open to interest rate increase in September, FT says
Business|Economy|Europe|Finance|Political

UK PM Burnham promises business help within 'difficult' financial outlook - BBC

Britain's government will do what it can to help lower costs for business but against the backdrop of a "difficult financial outlook", Prime

UK PM Burnham promises business help within 'difficult' financial outlook - BBC
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Hot spots sizzle, CPI looms

A look at the day ahead in European and global markets from Rocky Swift Global flash points tried hard to steal the spotlight from a U.S. inflation report that could set the tone for September's Fed

Hot spots sizzle, CPI looms
Business|Crime|Economy|Education|Environment|Political|World

Palestinian students and staff sue Columbia University alleging discrimination

A group of current and former Palestinian students and staff have sued Columbia University, alleging discriminatory treatment by the school against its

Palestinian students and staff sue Columbia University alleging discrimination
Business|Economy|Europe|Political|US|World

Ukraine halts strikes on tankers using Russian port at US request, FT says

Ukraine has paused drone strikes on oil tankers using Russia's Black Sea port of Novorossiysk after a request from U.S.

Ukraine halts strikes on tankers using Russian port at US request, FT says
Business|Economy|Environment|Finance|Political|Stock Markets|World

Hormuz shipping traffic falls to one-week low amid hostilities

The tally of vessels tracked in the Strait of Hormuz fell to a one-week low of eight on Tuesday, shipping data showed, as owners avoided the key waterway amid continued

Hormuz shipping traffic falls to one-week low amid hostilities
Asia|Business|Economy|World

Malaysia Q2 growth likely accelerated to 5.8% on exports, resilient demand: Reuters poll

Malaysia's economic growth likely accelerated in the second quarter, supported by strong exports and resilient domestic demand, according to a Reuters poll.

Malaysia Q2 growth likely accelerated to 5.8% on exports, resilient demand: Reuters poll
Business|Economy|Europe|Finance|Stock Markets

ABN Amro lifts annual guidance as central bank rates drive growth

ABN Amro lifted the guidance for its commercial net interest income after beating quarterly expectations on Wednesday, joining other major

ABN Amro lifts annual guidance as central bank rates drive growth
Africa|Economy|Environment|Health|World

Thousands flee yearslong drought in Somalia as hunger deepens and aid shrinks

One Somali family's long trek to escape drought conditions is an example of a deepening humanitarian emergency in Somalia, where years of drought, conflict and economic pressures are pushing more families from rural communities into displacement camps as hunger rises and humanitarian funding shrinks

Thousands flee yearslong drought in Somalia as hunger deepens and aid shrinks
Business|Economy|Environment|Science|Technology|World

India’s small steelmakers could save money and cut emissions with switch to renewable power

Switching to renewable energy can help smaller steel companies reduce electricity costs and cut millions of tons of carbon emissions

India’s small steelmakers could save money and cut emissions with switch to renewable power
Australia|Business|Economy|World

Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers

Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and

Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers
Business|Crime|Economy|Environment|World

US military operations killed 153 civilians in 2025, official says, citing Pentagon assessment

U.S. military operations in 2025 killed 153 civilians and wounded 243, a U.S. official said on Tuesday, citing Pentagon assessments.

US military operations killed 153 civilians in 2025, official says, citing Pentagon assessment
Business|Economy|Finance|US|World

US consumer prices likely increased moderately in July as gasoline prices eased

U.S. consumer prices likely increased moderately in July, which could further reduce financial market expectations for the Federal Reserve to raise

US consumer prices likely increased moderately in July as gasoline prices eased
Economy|Education|Environment|Health|Science|World

Colombia quake death toll tops 250 as rescuers race to find survivors

Rescue crews on Tuesday dug through mountains of rubble in western Colombia, shouting for quiet

Colombia quake death toll tops 250 as rescuers race to find survivors
Economy|Europe|Political|World

Trump told Ukraine it had no cards. Then Kyiv took the war to Russia

U.S. President Donald Trump told Ukrainian President Volodymyr Zelenskyy last year that he had “no cards" in the fight against Russia

Trump told Ukraine it had no cards. Then Kyiv took the war to Russia
Business|Economy|Finance|Stock Markets|Technology

ASX shareholder plans to seek court approval to sue former directors over CHESS project

ASX said on Wednesday a shareholder plans to seek court approval to bring a statutory derivative action against certain former officers and directors of the Australian securities

ASX shareholder plans to seek court approval to sue former directors over CHESS project
Business|Economy|Environment|World

Australia promised 1.2 million new homes, but builders are at their limits

In the Australian city of Brisbane, builder Jay Perham has been forced to pour concrete at a new housing site during the night, unable to

Australia promised 1.2 million new homes, but builders are at their limits
Asia|Business|Economy|World

Japan business mood rises as semiconductor boom lifts manufacturers: Reuters poll

Japanese business confidence improved in August as manufacturers benefited from robust semiconductor demand while non-manufacturers were supported by strong domestic

Japan business mood rises as semiconductor boom lifts manufacturers: Reuters poll
Business|Economy|Finance|Science|Stock Markets|Technology|US

Air taxi firm Joby acquires defense tech company for $500 million

Joby Aviation said on Tuesday it would buy defense technology company Resonant Sciences for about $500 million, as it looks to scale its business in a growing defense market.

Air taxi firm Joby acquires defense tech company for $500 million
Business|Economy|Finance|World

Australian lender CBA's record profit clouded by 15% mortgage application slump

Commonwealth Bank of Australia said mortgage applications had dropped 15% since property tax changes in May, one of several challenges

Australian lender CBA's record profit clouded by 15% mortgage application slump
Business|Economy|Environment

US freight railroads lose appeal challenging new rule requiring at least two-person crews

Six U.S. railroads and two industry groups lost their appeal challenging a new rule that would require many trains to operate with at least two crew members, according

US freight railroads lose appeal challenging new rule requiring at least two-person crews
Economy|Europe|MidEast|Political|World

Turkey’s Kurdish region greets a conditional PKK pardon with relief, joy and doubt

Turkey's parliament has approved a conditional pardon for thousands of Kurdish militants, aiming to advance peace efforts with the Kurdistan Workers’ Party, or PKK

Turkey’s Kurdish region greets a conditional PKK pardon with relief, joy and doubt
Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

After Trump plane ruse, WHCA presses White House on press pool safeguards

After Trump plane ruse, WHCA presses White House on press pool safeguards

After Trump plane ruse, WHCA presses White House on press pool safeguards
Business|Crime|Economy|Technology|World

Uber Freight says its investigating cyber incident following hacker claims

Uber Freight is investigating a data security incident involving unauthorized access to a portion of its systems and repositories, a company spokesperson said on Tuesday. 

Uber Freight says its investigating cyber incident following hacker claims
Business|Economy|Sports|Technology

CME takes NHL team performance into futures market

Derivatives exchange CME said on Tuesday it would launch the world's first index-based hockey futures, a novel product designed to track indexes built from real-time performance

CME takes NHL team performance into futures market
Business|Economy|Science|Technology

Oracle, Quantinuum partner to bring quantum computing to cloud

Quantinuum and Oracle on Tuesday announced a multi-year partnership aimed at bringing quantum computing capabilities to Oracle's cloud platform, as technology firms race to

Oracle, Quantinuum partner to bring quantum computing to cloud
Business|Economy|Political|World

Bolsonaro campaign drafts debt-linked fiscal rule to replace Brazil framework, sources say

Senator Flavio Bolsonaro's presidential campaign is preparing a new fiscal framework to replace Brazil's current budget rules, imposing tighter spending

Bolsonaro campaign drafts debt-linked fiscal rule to replace Brazil framework, sources say
Business|Crime|Economy|Political|World

Democratic senators question Belgian diamond industry about ring given to Trump

Two Democratic senators are demanding answers from two Belgian firms about an 18-carat gold ring encrusted with 321 diamonds that was given to U.S.

Democratic senators question Belgian diamond industry about ring given to Trump
Business|Economy|Technology|World

GM inks deal to guard against future parts-supply shocks

General Motors said it has entered an agreement with a third-party inventory management company to ensure access to future supply of critical parts.

GM inks deal to guard against future parts-supply shocks
Business|Economy|Finance|Stock Markets|World

Trading Day: Peace fog

U.S. stocks fell and oil rose on

Trading Day: Peace fog
Business|Economy|Finance|World

Oil prices continue climb on US-Iran deal doubts; stocks retreat

Oil prices touched a one-week high on Tuesday and Wall Street finished lower as traders grew more pessimistic about a potential

Oil prices continue climb on US-Iran deal doubts; stocks retreat
Business|Economy|Finance|Science|Technology

Super Micro forecasts upbeat annual revenue on data center adoption

Super Micro Computer forecast fiscal 2027 revenue above Wall Street expectations on Tuesday, betting that strong demand for its AI-optimized servers would fuel another

Super Micro forecasts upbeat annual revenue on data center adoption
Business|Economy|Education|Finance|World

Global youth unemployment rises amid sluggish job creation and looming AI risk, UN labour agency says

Global youth unemployment increased in 2025 as weaker economic growth, geopolitical tensions and sluggish job creation made it harder for young people

Global youth unemployment rises amid sluggish job creation and looming AI risk, UN labour agency says
Business|Economy|Political|World

Canada holds more trade talks with US as tariff deadline approaches

Canada's minister in charge of U.S. trade relations, Dominic LeBlanc, met with U.S. trade officials on Tuesday for the third time in as many weeks to try to avert looming

Canada holds more trade talks with US as tariff deadline approaches
Business|Economy|Finance|Stock Markets|Technology|US

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, betting on a surge in demand for its AI cloud

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge
Business|Economy|Finance|Stock Markets

Cava cites prudence in keeping forecast unchanged after quarterly beat

Cava Group on Tuesday said it was being prudent in reiterating its annual forecast after beating Wall Street expectations for second-quarter sales and core profit

Cava cites prudence in keeping forecast unchanged after quarterly beat
Business|Crime|Economy|Political|World

Trump administration finalizes ownership reporting exemption for US firms

The Trump administration on Tuesday finalized a rule exempting U.S. companies and individuals from reporting beneficial ownership information to the Treasury

Trump administration finalizes ownership reporting exemption for US firms
Business|Crime|Economy|Environment|Health

Federal report says firefighting tactics at Maine lumber mill explosion aided the blast

A report from federal investigators says firefighters who responded to a fire at a Maine lumber mill used tactics that inadvertently helped cause a deadly explosion

Federal report says firefighting tactics at Maine lumber mill explosion aided the blast
Business|Economy|Finance|Stock Markets|US|World

US Treasury yields seen heading lower but strategists' conviction wavering

U.S.

US Treasury yields seen heading lower but strategists' conviction wavering
Business|Economy|Finance|Political|Stock Markets|World

Oil prices settle up as Iran says Strait of Hormuz to stay shut

Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would

Oil prices settle up as Iran says Strait of Hormuz to stay shut
Business|Economy|Finance|Stock Markets|World

Dollar steady as traders await key US inflation data

The U.S. dollar was steady on Tuesday ahead of Wednesday's highly anticipated consumer inflation report for July, which could shape near-term

Dollar steady as traders await key US inflation data
Business|Economy|Finance|Stock Markets|World

Wall Street ends down as US-Iran peace optimism fades

Wall Street ended lower on Tuesday, with Amazon and Alphabet dipping, as investors became more pessimistic about a potential deal to bring

Wall Street ends down as US-Iran peace optimism fades
Business|Economy|MidEast|Political|US|World

The Latest: Trump seeks an exit from his Iran war as Mideast violence spreads

Iran is rejecting comments by President Donald Trump, who said that since Iran is seeking compensation as part of any peace talks, he’ll demand the same

The Latest: Trump seeks an exit from his Iran war as Mideast violence spreads
Business|Economy|Finance|Stock Markets|World

US stocks edge further from their records as oil prices keep swinging

U.S. stocks slipped a bit further from their records, while oil prices kept swinging on uncertainty about when the war with Iran will allow crude to flow freely again

US stocks edge further from their records as oil prices keep swinging
Business|Crime|Economy|Environment|US

Federal safety agency issues final report into 2025 blast that killed 2 at Pennsylvania steel plant

A federal safety agency has issued its final report into a 2025 blast at a U.S. Steel plant near Pittsburgh that left two workers dead

Federal safety agency issues final report into 2025 blast that killed 2 at Pennsylvania steel plant
Arts|Business|Economy|Environment|Lifestyle|Travel

Ohio community approves resolution to recognize beaver as historic symbol amid Buc-ee's trademark lawsuit

Ohio community approves resolution to recognize beaver as historic symbol amid Buc-ee's trademark lawsuit

Ohio community approves resolution to recognize beaver as historic symbol amid Buc-ee's trademark lawsuit
Business|Economy|Environment|Science|Technology

Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says

  AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million to

Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says
Business|Economy|Environment|Technology

Virginia data center boom pushes Dominion deeper into costly power market

Dominion's fuel costs in Virginia have risen nearly 90% in five years as data-center-driven demand leaves the utility increasingly exposed to volatile wholesale

Virginia data center boom pushes Dominion deeper into costly power market
Business|Economy|Finance|Stock Markets|US

Inflation is the biggest problem, Fed's Goolsbee says

Federal Reserve Bank of Chicago President Austan Goolsbee is more concerned about too-high inflation than about any labor market weakness, though it is not clear if

Inflation is the biggest problem, Fed's Goolsbee says
Business|Economy|Finance|Stock Markets|Technology

Trading platform eToro beats profit estimates, targets US growth with TradeZero buy

Trading platform eToro beat Wall Street estimates for second-quarter profit on Tuesday and said it would buy rival TradeZero in a cash-and-

Trading platform eToro beats profit estimates, targets US growth with TradeZero buy
Economy|Political|US

Trump floats possible legal challenge to New York tax on luxury second homes

U.S.

Trump floats possible legal challenge to New York tax on luxury second homes
Business|Economy|Environment|MidEast|World

Libya's NOC says Zawiya oil fires brought under control

Libya's National Oil Corporation said on Tuesday that emergency and safety teams had brought all fires at several

Libya's NOC says Zawiya oil fires brought under control
Arts|Business|Economy|Education|Environment|Health|Lifestyle|Science

A little-remembered Gilded Age millionaire helped make milk safe for American kids through his ‘retail giving’

His achievements as a philanthropist are not widely known today because he did not create a grantmaking foundation that outlasted him.

A little-remembered Gilded Age millionaire helped make milk safe for American kids through his ‘retail giving’
Americas|Arts|Business|Economy|Education|Election|Entertainment|Environment|Finance|Political|US

Civil rights groups ask judge to block Trump’s new birthright citizenship order

Civil rights groups ask judge to block Trump’s new birthright citizenship order

Civil rights groups ask judge to block Trump’s new birthright citizenship order
Business|Economy|Finance|World

Atlanta Fed's Venable: Inflation too high, with prospect of easing dependent on events in Middle East

Atlanta Fed interim President Cheryl Venable said on Tuesday that inflation remains too high, a message heard from contacts across the Southeast,

Atlanta Fed's Venable: Inflation too high, with prospect of easing dependent on events in Middle East
Business|Economy|Political|World

Trump says Iran options are let Tehran fail economically or 'hit them really hard'

U.S.

Trump says Iran options are let Tehran fail economically or 'hit them really hard'
Business|Economy|Finance|Stock Markets|Technology

AI hyperscalers upend usual earnings stock swing pattern

Larger-than-usual post-earnings stock swings by AI and hyperscaler companies this earnings season have upended a historical pattern in which smaller companies' results

AI hyperscalers upend usual earnings stock swing pattern
Business|Economy|Finance|Stock Markets|US|World

US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in more than a year prove to be an insurmountable hurdle for many prospective homebuyers

US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers
Business|Economy|Finance|World

US existing home sales fall further; small business sentiment at 11-month high

U.S. existing home sales fell for a second straight month in July as higher mortgage rates and house prices because of tight supply pushed out

US existing home sales fall further; small business sentiment at 11-month high
Business|Economy|Finance|Food|Lifestyle|Technology

For McDonald's and rivals, cheap deals no longer do the trick

U.S. fast-food chains including McDonald's that spent the second quarter battling to pull in price-conscious diners discovered discounts

For McDonald's and rivals, cheap deals no longer do the trick
Business|Economy|Finance|Stock Markets|US|World

More Americans are having a harder time keeping up with their home and car payments

More Americans are having a harder time keeping up with their home and car payments

More Americans are having a harder time keeping up with their home and car payments
Business|Crime|Economy|Education|Environment|Finance|Travel|US|World

Probe cites history of overweight flights, inadequate oversight in crash that killed 10 off Alaska

Federal investigators report that a commuter plane crash off Alaska last year, which killed all 10 people on board, involved an operator with a history of overweight flights

Probe cites history of overweight flights, inadequate oversight in crash that killed 10 off Alaska
Business|Economy|Environment|Science|Technology

Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex

The U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site

Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
Business|Economy|Science|Technology

Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next

Federal regulators are clearing the way for robotaxis to operate without steering wheels or eventually even brake pedals

Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next
Business|Economy|Technology

Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations

Apple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers

Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations
Business|Economy|US

US Senate confirms new TSA head as Trump pushes for private airport security

The U.S.

US Senate confirms new TSA head as Trump pushes for private airport security
Business|Economy|Finance|Stock Markets|Technology

Amazon beats estimates for quarterly cloud revenue growth

Amazon.com topped market expectations for quarterly cloud revenue growth on Thursday on the back of surging enterprise AI spending, signaling the company's hefty investments were

Amazon beats estimates for quarterly cloud revenue growth
Business|Economy|Finance|Stock Markets|Technology

Reddit expects revenue above estimates as AI tools attract advertisers

Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, signaling its strategy to draw marketers by offering AI-powered advertising tools

Reddit expects revenue above estimates as AI tools attract advertisers
Arts|Business|Economy|Entertainment|Finance

Live Nation beats quarterly revenue estimates on resilient concert demand

Ticketmaster-parent Live Nation Entertainment beat analysts' estimates for quarterly revenue on Thursday, driven by global demand for live events and concerts across different

Live Nation beats quarterly revenue estimates on resilient concert demand
Business|Economy|Finance|Stock Markets|Technology

Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown

Cryptocurrency exchange Coinbase Global on Thursday recorded a third consecutive quarter of losses, hurt by lower transaction revenue as a prolonged downturn in crypto markets

Crypto exchange Coinbase reports third straight quarterly loss on trading slowdown
Business|Economy|Environment|Technology

Rivian beats quarterly revenue estimates as R2 launch, software business gain traction

Rivian Automotive beat quarterly revenue estimates and raised annual delivery forecast on Thursday, buoyed by optimism over the rollout of its lower-priced R2 SUV

Rivian beats quarterly revenue estimates as R2 launch, software business gain traction
Economy|MidEast|US|World

The Latest: Trump says he may pull Todd Blanche’s attorney general nomination for now

President Donald Trump says he may pull Todd Blanche’s nomination for attorney general until Sens. John Cornyn and Thom Tillis leave office

The Latest: Trump says he may pull Todd Blanche’s attorney general nomination for now
Business|Economy|Finance|Stock Markets|Technology|World

Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond market

A monster day for Microsoft following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street, while AI stocks regained some of their sharp recent losses

Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond market
Business|Economy|Technology

Wall Street ends sharply higher, lifted by soaring Microsoft

Wall Street ended sharply higher on Thursday, with chip stocks jumping and Microsoft soaring after the technology giant gave a stellar forecast that eased fears

Wall Street ends sharply higher, lifted by soaring Microsoft
Business|Economy|Science|Technology

Banks in talks to lend $15 billion for Anthropic data center backed by Google, WSJ reports

Data-center developer Nexus Data Centers is in advanced talks to raise $15 billion for a Texas campus tied to Anthropic, with Alphabet's Google offering financial guarantees and

Banks in talks to lend $15 billion for Anthropic data center backed by Google, WSJ reports
Business|Economy|Political|Sports|World

European nations vow FIFA World Cup boycott over Infantino private equity plan as opposition spreads

UEFA member federations will boycott all FIFA competitions in protest of Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors

European nations vow FIFA World Cup boycott over Infantino private equity plan as opposition spreads
Business|Economy|Environment|Food|Health|Lifestyle

US sugar demand up, corn syrup down, as consumers pick less processed foods, report says

Demand for sugar in the U.S. grew modestly along with the population, while use of high fructose corn syrup fell, a report said on Thursday,

US sugar demand up, corn syrup down, as consumers pick less processed foods, report says
Business|Economy|Finance|Stock Markets|Technology

Microsoft set for record one-day market cap gain after upbeat Azure forecast

Microsoft's shares soared more than 16% on Thursday, putting the company on track for a record one-day gain in market value after it said it expects to keep generating cash through

Microsoft set for record one-day market cap gain after upbeat Azure forecast
Economy|Health|Political

The Trump administration is ending a Medicare drug subsidy program. Here's how it could affect costs

Millions of older adults on Medicare prescription drug coverage could face higher monthly costs in 2027

The Trump administration is ending a Medicare drug subsidy program. Here's how it could affect costs
Asia|Crime|Economy|Environment|World

Coal mine blast in Pakistan kills at least 18 miners and traps 24 others

An explosion inside a coal mine in southwest Pakistan has killed at least 18 miners and trapped 24 others

Coal mine blast in Pakistan kills at least 18 miners and traps 24 others
Business|Crime|Economy|Finance|US|World

Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted

Goldman Sachs queried its former top lawyer Kathy Ruemmler in 2023, 2025 and 2026 about links to Jeffrey Epstein amid growing scrutiny of the late

Goldman Sachs queried top lawyer Ruemmler on Epstein links as scrutiny mounted
Business|Economy|Political|World

China's He Lifeng raises trade restriction concerns in call with Bessent and Greer, Xinhua reports

China's Vice Premier He Lifeng had a video call on Thursday with U.S. Treasury Secretary Scott Bessent and U.S.

China's He Lifeng raises trade restriction concerns in call with Bessent and Greer, Xinhua reports
Arts|Business|Economy|Entertainment

Universal Music Group revenue rises 13.3% on streaming prices

Universal Music Group reported second-quarter revenue of 3.29 billion euros ($3.79 billion) on Thursday, up 13.3% year-on-year at constant exchange rates, helped by the

Universal Music Group revenue rises 13.3% on streaming prices
Economy|Finance|Political|World

Nigeria says subsidy savings absorbed by debt costs, higher spending

Nigeria's finance minister said on Thursday that savings from the removal of fuel subsidies and foreign-exchange market reforms had largely been absorbed by

Nigeria says subsidy savings absorbed by debt costs, higher spending
Business|Economy|Finance|Stock Markets|World

Hyatt slides as room-growth outlook disappoints; Mideast and Mexico pressures linger

Shares of Hyatt Hotels fell 9% on Thursday after the company lowered its annual net rooms growth forecast, and flagged a hit from the Middle East conflict and

Hyatt slides as room-growth outlook disappoints; Mideast and Mexico pressures linger
Business|Economy|Finance|Science|Technology

OpenAI cuts prices on smaller models as businesses scrutinize AI spend

OpenAI slashed prices of its low- and mid-tier AI models on Thursday, a move that may intensify competition in the industry as U.S. companies battle cheaper Chinese rivals for

OpenAI cuts prices on smaller models as businesses scrutinize AI spend
Business|Economy|Finance|Stock Markets|Technology

Coinbase beats much of customer lawsuit over US token sales

Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U.S. cryptocurrency exchange of illegally selling

Coinbase beats much of customer lawsuit over US token sales
Business|Economy|Europe|World

Ukraine strikes two more warehouses of Russian online retailer Wildberries

Ukrainian drones struck two more warehouses belonging to Russian online retailer Wildberries overnight, sparking fires at both sites, the company and a regional official

Ukraine strikes two more warehouses of Russian online retailer Wildberries
Business|Economy|Finance|World

Oil settles down on proposed Saudi-led maritime defence coalition

Oil prices settled lower on Thursday after a volatile session, as traders digested proposed plans for a Saudi Arabia-led maritime coalition to boost defense

Oil settles down on proposed Saudi-led maritime defence coalition
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Permira-backed womenswear retailer Reformation valued at $886 million in NYSE debut

Permira-backed womenswear retailer Reformation was valued at $886.1 million after its shares opened flat in their NYSE debut on Thursday.

Permira-backed womenswear retailer Reformation valued at $886 million in NYSE debut
Business|Economy|Finance|Food|Stock Markets

Jersey Mike's valued at $6.7 billion after shares fall in NYSE debut

Jersey Mike's shares opened 8.7% below their initial public offering price on Thursday, valuing the sandwich chain at about

Jersey Mike's valued at $6.7 billion after shares fall in NYSE debut
Business|Economy|Political|World

US issues sanctions targeting support networks for Iran's Mahan Air

The United States on Thursday issued new sanctions on Thursday targeting global networks supporting Mahan Air, the Iranian carrier Washington says transports Iran's

US issues sanctions targeting support networks for Iran's Mahan Air
Business|Economy|Political|Sports|World

Soccer-UEFA to boycott World Cup and FIFA tournaments over stake sale plans

European soccer's governing body UEFA and its 55 member nations on Thursday voted to boycott all FIFA tournaments in what could be a knockout

Soccer-UEFA to boycott World Cup and FIFA tournaments over stake sale plans
Business|Economy|World

Drone strike in Egypt sparks security concerns about Suez oil exports

A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez

Drone strike in Egypt sparks security concerns about Suez oil exports
Crime|Economy|Environment|World

Blast at Pakistan coal mine complex kills at least 11, dozens missing, official says

At least 11 coal miners were killed and dozens are missing after an explosion buried parts of a mining complex in Pakistan's Balochistan province on Thursday, an official

Blast at Pakistan coal mine complex kills at least 11, dozens missing, official says
Business|Economy|Environment|Finance|Technology

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems
Business|Economy|Finance|Stock Markets|US|World

Average 30-year US mortgage rate rises to highest level in a year at 6.66%

The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs

Average 30-year US mortgage rate rises to highest level in a year at 6.66%
Business|Economy|Finance|Stock Markets|World

Mortgage rates climb to highest level in a year

Mortgage rates climb to highest level in a year

Mortgage rates climb to highest level in a year
Business|Economy|Environment|Food|Health|Science

Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants

It’s been a choppy year for restaurants that lean into lettuce

Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
Business|Economy|Technology

Amazon, Walmart AI detect 'made in USA' fraud but do not flag it, study says

Amazon and Walmart AI shopping assistants can often detect when "Made in USA" product labels are false, but the big retailers are not using that technology to crack

Amazon, Walmart AI detect 'made in USA' fraud but do not flag it, study says
Business|Economy|Technology

Bombardier free cash turns positive on private jet order boom but fewer deliveries hit shares

Bombardier reported a turnaround in second-quarter free cash flow above analysts' expectations on Thursday, but shares dropped

Bombardier free cash turns positive on private jet order boom but fewer deliveries hit shares
Business|Economy|Finance|Technology

Goldman Sachs asset arm forms AI investing platform, memo shows

Goldman Sachs Asset Management has launched an artificial intelligence investing platform, AlphaAI, betting that AI will become an important driver of investment returns

Goldman Sachs asset arm forms AI investing platform, memo shows
Business|Economy|Environment|World

Base metals traders on the move as battle for talent intensifies

Senior base metals traders are being lured to new jobs as demand for their expertise rises amid supply-chain disruptions and

Base metals traders on the move as battle for talent intensifies
Business|Economy|Finance|Stock Markets|Technology

Mastercard beats profit estimates as stable spending drives transaction volumes

Mastercard posted a second-quarter profit that surpassed Wall Street expectations on Thursday, boosted by robust transaction volumes driven by steady consumer

Mastercard beats profit estimates as stable spending drives transaction volumes
Business|Economy|Political|World

Yemen's Houthis are attacking Saudi Arabia from Iraq, sources say

Yemen's Iran-aligned Houthis attacked Saudi Arabia this week from Iraqi territory in coordination with Iraqi armed groups, according

Yemen's Houthis are attacking Saudi Arabia from Iraq, sources say
Business|Economy|Technology|World

China's Xiaomi launches SkyNomad SUV series offering space and reconfigurable interiors

China's Xiaomi launched an SUV series dubbed SkyNomad on Thursday, expanding its EV lineup into the large-family SUV segment, as it seeks to

China's Xiaomi launches SkyNomad SUV series offering space and reconfigurable interiors
Asia|Business|Economy|Finance|Stock Markets|Technology|US|World

Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak

U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury

Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak
Business|Economy|Finance|Stock Markets|World

Yen soars as analysts suspect official intervention; dollar broadly weaker

The dollar sank to a more than two-month low against the Japanese yen on Thursday in what analysts said looked like official intervention by Tokyo to prop up

Yen soars as analysts suspect official intervention; dollar broadly weaker
Economy|Political|World

Drone strike near Suez Canal in Egypt raises new security threat in widening war

A drone strike on gas vessels in Egypt's Mediterranean port of Damietta signalled a potential new front in the U.S.-Iran

Drone strike near Suez Canal in Egypt raises new security threat in widening war
Business|Economy|Finance|World

Imports hold back US economic growth in Q2, but domestic demand robust

U.S. economic growth slowed in the second quarter as imports widened the trade deficit, but robust consumer spending and business investment related

Imports hold back US economic growth in Q2, but domestic demand robust
Business|Economy|Finance|Stock Markets|US|World

Yen surges, analysts suspect official Japanese intervention

Japan's yen surged on Thursday against the U.S. dollar by the most since 2022, in what analysts said

Yen surges, analysts suspect official Japanese intervention
Business|Economy|Finance|World

Instant View: Yen soars, markets suspect Japan intervention

The yen surged against the dollar on Thursday, in a move so rapid and large in its scale that it alerted investors to the prospect of intervention by Japan to prop up its

Instant View: Yen soars, markets suspect Japan intervention
Business|Economy|World

Bank of England keeps rates on hold, awaits clearer sign of Iran war inflation hit

The Bank of England kept interest rates on hold on Thursday as it waits for a keener sense of how much the U.S.-Iran

Bank of England keeps rates on hold, awaits clearer sign of Iran war inflation hit
Business|Economy|Technology|World

Ford CEO tells employees Chinese automakers could enter US market in next decade

Ford CEO Jim Farley told employees in a town hall on Thursday that the company is preparing for the possibility that Chinese automakers could enter the

Ford CEO tells employees Chinese automakers could enter US market in next decade
Economy|Education

Urban League report says Trump administration is harming Black Americans' chances at American Dream

The National Urban League's latest “State of Black America” report warns that the American Dream may be slipping away for many Black Americans

Urban League report says Trump administration is harming Black Americans' chances at American Dream
Business|Economy|Finance|World

The Fed’s preferred inflation gauge cooled in June. It might not last

The Fed’s preferred inflation gauge cooled in June. It might not last

The Fed’s preferred inflation gauge cooled in June. It might not last
Business|Economy|Finance|US

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
Business|Economy|Finance|Stock Markets|World

ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offerings

New York Stock Exchange parent Intercontinental Exchange said on Thursday it will acquire bond trading platform MarketAxess Holdings in a deal valued at $5.7

ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offerings
Business|Economy|Political|World

Brazil withholds approval of Trump's ambassador pick, deepening rift with US

The Brazilian government has for weeks withheld the formal diplomatic approval needed for the next U.S. ambassador to

Brazil withholds approval of Trump's ambassador pick, deepening rift with US
Business|Economy|Europe|MidEast|World

German inflation accelerates to 2.8% in July

German inflation rose in July on higher energy prices caused by the Iran conflict, while core inflation fell slightly.

German inflation accelerates to 2.8% in July
Business|Economy|Health|Science|Technology

Labcorp raises annual profit forecast on strong testing demand

Laboratory operator Labcorp raised its annual profit forecast and posted better-than-expected second-quarter results on Thursday, as steady demand for diagnostic

Labcorp raises annual profit forecast on strong testing demand
Business|Economy|Environment|Health|World

After surviving earthquakes, a family in Venezuela seeks a new beginning far from ground zero

Weeks after the twin earthquakes that devastated Venezuela's central coast, Adriana Aponte and her family joined a growing exodus of survivors

After surviving earthquakes, a family in Venezuela seeks a new beginning far from ground zero
Business|Economy|Health|Science|Technology

Regeneron beats quarterly estimates on eczema drug strength, shares rise

Regeneron on Thursday beat Wall Street estimates for second-quarter revenue and profit, helped by strong demand for its eczema drug Dupixent and a high-dose version of its eye drug

Regeneron beats quarterly estimates on eczema drug strength, shares rise
Business|Economy|Finance|Health|Stock Markets

Altria misses quarterly profit estimates as premium cigarette demand weakens

Marlboro maker Altria Group fell short of second-quarter earnings estimates as macroeconomic uncertainty weighed on spending patterns,

Altria misses quarterly profit estimates as premium cigarette demand weakens
Business|Economy|Health

Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results

Bristol Myers Squibb lifted its full-year revenue and profit forecast on Thursday as strong sales of blood thinner Eliquis and newer medicines

Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results
Americas|Business|Economy|World

Mexico's economy grows at fastest pace since late 2020 in Q2

Mexico's economy rebounded in the second quarter from the previous three-month period, growing at its fastest pace since late 2020, a

Mexico's economy grows at fastest pace since late 2020 in Q2
Business|Economy|Finance|Stock Markets|World

US stock futures extend gains slightly after economic data

U.S. stock index futures extended gains slightly on Thursday, as investors assessed a barrage of economic data including a June inflation reading and the second quarter GDP

US stock futures extend gains slightly after economic data
Business|Economy|Finance|Stock Markets|US

Blue Owl suffers credit outflows, data centers power growth elsewhere

Alternative asset manager Blue Owl suffered outflows from its credit business in the second quarter as wealthy investors pulled back, but

Blue Owl suffers credit outflows, data centers power growth elsewhere
Business|Economy|Finance|Political|World

Brazil household debt barely budges despite Lula debt-relief push

Brazilian household indebtedness eased only marginally in May, the first month of a broad government debt-renegotiation program launched by President

Brazil household debt barely budges despite Lula debt-relief push
Business|Economy|Political|World

Can China restrain Iran? Gulf states test Beijing's influence

As the Iran war escalates again, Gulf Arab states are looking to China - not Washington - to use its economic leverage over Iran

Can China restrain Iran? Gulf states test Beijing's influence
Business|Economy|Health|Science|Technology

Braveheart Bio targets $1.2 billion valuation in US IPO

Braveheart Bio is targeting a valuation of up to $1.2 billion in its U.S. initial public offering, the clinical-stage biopharmaceutical company said on Thursday.

Braveheart Bio targets $1.2 billion valuation in US IPO
Business|Economy|Finance|Stock Markets|World

Major central banks steer a cautious hiking path

The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with

Major central banks steer a cautious hiking path
Business|Economy|Finance|Stock Markets

KKR profit leaps as private equity deals flourish

KKR's ​second-quarter profit beat market expectations on Thursday, as it raked in higher fees from managing a growing stack of

KKR profit leaps as private equity deals flourish
Business|Economy|Health|World

Lilly, Resilience to invest $750 million in US drug manufacturing expansion

Drugmaker Eli Lilly and privately held contract manufacturer Resilience will invest $750 million to expand pharmaceutical manufacturing capacity in the U.S. and strengthen the

Lilly, Resilience to invest $750 million in US drug manufacturing expansion
Business|Economy|World

Egypt confirms drone caused fire on two gas vessels at Damietta

A drone caused the fire that engulfed two gas vessels at Egypt's Mediterranean port of Damietta, the Egyptian cabinet

Egypt confirms drone caused fire on two gas vessels at Damietta
Business|Economy|Science|Technology

AI cloud provider Nscale to buy software startup Anyscale

Cloud infrastructure provider Nscale will buy AI software startup Anyscale to help clients better manage and run AI systems efficiently, the companies said on Thursday.

AI cloud provider Nscale to buy software startup Anyscale
Business|Economy|Environment|Technology|World

Pickup truck profits highlight growing divide among global automakers

From Fiat to Ferrari, results on Thursday highlighted a growing gap between the carmakers raking in cash by selling gas-guzzling pickups to Americans and

Pickup truck profits highlight growing divide among global automakers
Business|Economy|Europe|Finance|Stock Markets

Stellantis CEO warns turnaround will take time after quarterly profit disappoint investors

Stellantis CEO Antonio Filosa cautioned that a major strategic overhaul would take time to bear fruit after the world's No. 4 automaker reported weaker-

Stellantis CEO warns turnaround will take time after quarterly profit disappoint investors
Business|Economy|Finance|Stock Markets|US|World

US economy’s growth was weaker than expected in the second quarter

US economy’s growth was weaker than expected in the second quarter

US economy’s growth was weaker than expected in the second quarter
Business|Economy|Finance|Health|Stock Markets

Sensodyne maker Haleon slips as sales growth concerns overshadow profit beat

Sluggish European demand and weak respiratory sales raised doubts on Thursday about whether Haleon can meet its sales targets, sending shares

Sensodyne maker Haleon slips as sales growth concerns overshadow profit beat
Business|Economy|Food|Health

Yum says Taco Bell sales recovering after temporary hit from cyclospora outbreak

Taco Bell's sales hit from the Cyclospora outbreak is beginning to ease, Yum Brands executives said on Thursday, reassuring investors that the fallout would be

Yum says Taco Bell sales recovering after temporary hit from cyclospora outbreak
Business|Economy|Finance|Stock Markets|Technology

Activist Jana pushes Fiserv to review entire portfolio, refresh board

Activist investor Jana Partners is ratcheting up pressure on payments company Fiserv, pushing it to launch a formal review of its entire portfolio

Activist Jana pushes Fiserv to review entire portfolio, refresh board
Business|Economy|Environment|World

BP to cut 700 jobs as it simplifies company, internal email shows

BP plans to cut about 700 of its non-frontline global workforce, according to an internal email seen by Reuters, as the oil major sharpens its operational focus

BP to cut 700 jobs as it simplifies company, internal email shows
Business|Economy|Finance|World

US inflation slows in June, but reversal likely amid Middle East conflict

U.S. inflation slowed in June, but the easing is likely to be temporary as renewed hostilities in the Middle East raise oil prices.

US inflation slows in June, but reversal likely amid Middle East conflict
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase less than expected

The number of Americans filing claims for unemployment benefits increased less than expected last week, suggesting that labor market conditions remained stable.

US weekly jobless claims increase less than expected
Business|Economy|Finance|Stock Markets|Technology|US

Wall St opens higher as Microsoft's results temper some AI jitters

U.S. stocks opened higher on Thursday as Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies, while investors parsed fresh

Wall St opens higher as Microsoft's results temper some AI jitters
Business|Crime|Economy|Technology

Couple targeted in eBay stalking case says most important thing in $55.7 million settlement isn't money

Couple targeted in eBay stalking case says most important thing in $55.7 million settlement isn't money

Couple targeted in eBay stalking case says most important thing in $55.7 million settlement isn't money
Business|Economy|Food|Health|Science

Taco Bell sales fell after cyclospora outbreak

Taco Bell sales fell after cyclospora outbreak

Taco Bell sales fell after cyclospora outbreak
Business|Economy|Finance|Political|Stock Markets|US

US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low

The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years

US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
Business|Economy|Science|Technology|World

As AI reshapes newsrooms, leading media outlets are charting different paths for its use

From the BBC’s implementation of AI guardrails to Reuters’ embrace of AI tools to disseminate breaking financial news, newsrooms’ missions and values are shaping their technological futures.

As AI reshapes newsrooms, leading media outlets are charting different paths for its use
Economy|Environment|Health|Science|World

England is notoriously rainy — yet an ‘exceptionally serious’ drought has hit half the nation

England is notoriously rainy — yet an ‘exceptionally serious’ drought has hit half the nation

England is notoriously rainy — yet an ‘exceptionally serious’ drought has hit half the nation
Economy|Education|Environment|Health|Science

Preeclampsia rates in minority communities shed light on the social roots of maternal health disparities

Disproportionate rates of preeclampsia – a potentially dangerous pregnancy complication – in immigrant populations reflect the physical toll of social and economic insecurities.

Preeclampsia rates in minority communities shed light on the social roots of maternal health disparities
Economy|Science|Technology

A government fund of AI stocks to benefit all Americans is a good idea, but hard to pull off

If the US were to create a fund to harness AI and buffer the economy and workers from long-term harms AI could cause, it would not be the first country to do so.

A government fund of AI stocks to benefit all Americans is a good idea, but hard to pull off
Economy|Education|Environment|Political

Florida’s proposed property tax amendment will require trade-offs – and some residents could end up with higher costs

Amendment 3 would mean most homeowners pay less in property taxes – but that may not end up significantly lowering their costs.

Florida’s proposed property tax amendment will require trade-offs – and some residents could end up with higher costs
Business|Economy|Finance|World

Bank of England keeps key rate at 3.75% for the fifth time this year

The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran

Bank of England keeps key rate at 3.75% for the fifth time this year
Business|Economy|Entertainment|Finance|Food|Technology

Starbucks shares rise as Niccol's turnaround gains momentum

Starbucks shares jumped 5.6% in premarket trading on Thursday, after a fourth straight quarter of comparable sales growth and increased annual targets indicated CEO Brian Niccol's

Starbucks shares rise as Niccol's turnaround gains momentum
Business|Economy|Finance|Stock Markets|US

Long bond takes fright

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Federal Reserve held the line on Wednesday, but three

Long bond takes fright
Business|Economy|Finance|Technology

Why Americans are leasing fewer cars

Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers.

Why Americans are leasing fewer cars
Business|Economy|Europe|Finance|World

German inflation rises in July, economy grows more than expected in Q2

German inflation rose in July on higher energy prices due to the Iran conflict, threatening the long-awaited recovery of Europe's biggest economy.

German inflation rises in July, economy grows more than expected in Q2
Business|Economy|Finance|Food|Stock Markets|US

Magnum earnings top forecasts but second-quarter sales growth slows

Magnum Ice Cream reported first-half earnings above expectations on Thursday, helped by cost cuts following its spin-off from Unilever, but slower second-quarter

Magnum earnings top forecasts but second-quarter sales growth slows
Business|Economy|Education|Environment

Argentina's growth paradox: Shale riches grow as jobs disappear elsewhere

Ramiro Ramirez, a trained mechanic, found work in just a month at Argentina's Vaca Muerta, home of one of the world's largest shale oil and gas

Argentina's growth paradox: Shale riches grow as jobs disappear elsewhere
Business|Economy|Finance|Stock Markets|Technology

Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast

Qualcomm shares fell about 5% on Thursday after the chipmaker's warning about higher memory costs and a steeper decline in revenue from Apple raised concerns about near-term profit

Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast
Business|Economy|Finance|Technology

Meta's AI splurge lays bare its compute conundrum

Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on

Meta's AI splurge lays bare its compute conundrum
Americas|Business|Economy|Political|World

Lula says Brazil denied visas to US officials over election meddling concerns

Brazilian President Luiz Inacio Lula da Silva confirmed his government had denied visas to two U.S. officials who planned to travel to the country, accusing them of

Lula says Brazil denied visas to US officials over election meddling concerns
Business|Economy|Finance|Political|World

Bank of England policymakers set out views on rates outlook after split vote

The Bank of England left interest rates on hold at 3.75% on Thursday after a split 6-3 vote by its Monetary Policy Committee.

Bank of England policymakers set out views on rates outlook after split vote
Business|Economy|Entertainment|Finance|Food|Stock Markets|US

Hershey tops quarterly estimates on higher prices, snack demand

Hershey reported second-quarter sales and profit that exceeded Wall Street estimates on Thursday, driven by higher prices and robust demand for its Reese's

Hershey tops quarterly estimates on higher prices, snack demand
Business|Economy|Europe|Finance|World

FACTBOX-Bank of England sets out economic scenarios in July meeting

The Bank of England left interest rates on hold at 3.75% on Thursday after a split 6-3 vote by its Monetary Policy Committee.

FACTBOX-Bank of England sets out economic scenarios in July meeting
Business|Economy|Europe|Science|Technology

EU aims for seven AI gigafactories with €10 billion plan in race with US, China

The European Union will fund seven artificial intelligence gigafactories across the bloc with €10 billion ($11.5 billion), the European Commission said on

EU aims for seven AI gigafactories with €10 billion plan in race with US, China
Economy|Education|Election|Environment|Political

CNN Poll: A third of Democrats now identify as democratic socialists

CNN Poll: A third of Democrats now identify as democratic socialists

CNN Poll: A third of Democrats now identify as democratic socialists
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle

Opulent brides are funding India’s global fashion play

Opulent brides are funding India’s global fashion play

Opulent brides are funding India’s global fashion play
Economy|Europe|Science|Technology|World

EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China

The European Union plans to invest 10 billion euros to build seven AI gigafactories, aiming to catch up with the U.S. and China

EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US and China
Business|Economy|Finance|Stock Markets|Technology|World

Asia stock-picking hedge funds set for record monthly loss, Goldman says

Asia-focused equity hedge funds are heading for their biggest monthly drawdown on record, a Goldman Sachs note showed, as a broad AI stock rout wiped out

Asia stock-picking hedge funds set for record monthly loss, Goldman says
Asia|Economy|Political|World

China protests over New Zealand foreign minister's jibe at Chinese-born lawmaker

China made a diplomatic protest to New Zealand on Thursday after Foreign Minister Winston Peters characterised a Chinese-born lawmaker as a "loudmouth" whom he urged to "go back to

China protests over New Zealand foreign minister's jibe at Chinese-born lawmaker
Business|Economy|Political|Technology|World

Iran to get Chinese shoulder-launched missile systems in weeks, sources say

Iran is expected to receive within weeks a first shipment out of up to 400 Chinese-made shoulder-fired air-defence missile launchers, three sources

Iran to get Chinese shoulder-launched missile systems in weeks, sources say
Business|Economy|Europe|Finance|World

Italy's economy weathering Iran war better than expected, data suggests

The Italian economy grew by 0.2% in the second quarter from the previous three months, preliminary data showed on Thursday, a slightly stronger reading

Italy's economy weathering Iran war better than expected, data suggests
Asia|Economy|Political|World

China's Communist Party to hold conclave on internal governance in October

China's ruling Communist Party will hold a plenary session of its Central Committee in Beijing in October to discuss party self-governance, state-run Xinhua news agency

China's Communist Party to hold conclave on internal governance in October
Economy|Europe|World

Inflation accelerates in four German states in July, pointing to national rise

Inflation rose in four key German states in July, according to preliminary data published on Thursday, suggesting the national inflation rate could also increase this month

Inflation accelerates in four German states in July, pointing to national rise
Business|Economy|Fashion and Beauty|Sports

Adidas shares plunge record 19% as World Cup bump falls short

Adidas investors punished the German sportswear maker's profit miss on Thursday, dragging its shares down a record 19% despite the company lifting its annual

Adidas shares plunge record 19% as World Cup bump falls short
Asia|Business|Crime|Economy|Political|World

Philippines' Marcos approves release of VP Duterte's tax records to impeachment trial

Philippine President Ferdinand Marcos Jr. has approved the release of Vice President Sara Duterte's tax records to the Senate in her impeachment trial, where one of the

Philippines' Marcos approves release of VP Duterte's tax records to impeachment trial
Business|Economy|Finance|Technology|World

BMW to review practices once deemed 'untouchable' as profit slumps

BMW will review working practices once deemed "untouchable", the carmaker pledged on Thursday, after a 35% drop in second-quarter pretax profit underscored

BMW to review practices once deemed 'untouchable' as profit slumps
Crime|Economy|Education|Environment|Europe|Health|Political|World

Shelter gaps leave Ukrainians desperate, angry as Russian attacks mount

Tetiana Lishchynska was overcome with emotion when dozens of residents in one of Kyiv's districts hardest-hit by Russian strikes gathered this month to press

Shelter gaps leave Ukrainians desperate, angry as Russian attacks mount
Business|Economy|Europe|Finance|World

Euro zone economy grows faster than expected on AI spending, confident consumers

The euro zone economy grew faster than expected last quarter as surging investment in AI, ample government spending and several one-off factors more

Euro zone economy grows faster than expected on AI spending, confident consumers
Business|Economy|World

Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices

Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher

Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices
Business|Economy|World

China's leaders pledge to support economy without big new stimulus plans

China's leaders pledged at a meeting on Thursday to support the slowing economy by accelerating fiscal spending on

China's leaders pledge to support economy without big new stimulus plans
Economy|Environment|Science|Technology

When can a power company take your land for data center infrastructure?

Courts have long let utilities seize private property to build transmission lines. Does that hold if the power flows to a single data center?

When can a power company take your land for data center infrastructure?
Business|Economy|Finance|Stock Markets|World

South Korea curbs may not save investors slaughtered by $2 trillion rout

South Korea's efforts to rein in the leveraged products wreaking havoc in its financial markets may not go far enough to quell skyrocketing volatility,

South Korea curbs may not save investors slaughtered by $2 trillion rout
Business|Economy|Europe|Finance|World

Shell more than doubles its profit in Q2, beating expectations

Shell's adjusted earnings, its definition of net profit, reached $9.84 billion in the second quarter, it said on Thursday, beating

Shell more than doubles its profit in Q2, beating expectations
Asia|Business|Economy|Finance|Stock Markets|World

China's factory activity expected to have stalled in July

China's factory activity growth likely stagnated in July, as weak domestic consumption and cost pressures from the Middle East War offset the boost to production from

China's factory activity expected to have stalled in July
Business|Economy|Environment|World

With fields destroyed and hives lost, Gaza's beekeepers struggle to start over

Standing on the roof of a war-damaged building overlooking the ruins of Gaza City, beekeeper Ibrahim al-Dabba

With fields destroyed and hives lost, Gaza's beekeepers struggle to start over
Business|Economy|Europe|World

Spain's economic growth accelerates to 0.7% in second quarter

Spain's economic growth edged up to 0.7% in the second quarter after a 0.6% expansion in the previous three-month period, preliminary data from the National Statistics Institute

Spain's economic growth accelerates to 0.7% in second quarter
Business|Economy|Finance|Science|Technology

Capgemini sees multi-year IT modernisation boom as firms prepare for AI

Capgemini Chief Executive Aiman Ezzat said on Thursday that companies hoping to deploy artificial intelligence at scale will first need to modernise decades-old

Capgemini sees multi-year IT modernisation boom as firms prepare for AI
Economy|Education|Environment|Science|Technology|Travel|World

Death toll rises in Japan. Why does the country experience so many large earthquakes?

Death toll rises in Japan. Why does the country experience so many large earthquakes?

Death toll rises in Japan. Why does the country experience so many large earthquakes?
Business|Economy|World

Toyota's first-half global output, sales fall for first time in two years on China weakness

Toyota Motor said on Thursday its global first-half production and sales fell for the first time in two years, as weaker demand in China and a model changeover for its

Toyota's first-half global output, sales fall for first time in two years on China weakness
Business|Economy|Technology|World

South Korea export growth seen easing but chip boom to hold

South Korean exports likely extended robust growth in July, with the pace weakening from a near-half-century high but posting the second-

South Korea export growth seen easing but chip boom to hold
Business|Economy|Finance|Stock Markets|World

Bond markets doing the Fed's work

A look at the day ahead in European and global markets from Ankur Banerjee A divided Federal Reserve and a confusing message from Chair Kevin Warsh on where rates are headed has left the bond market

Bond markets doing the Fed's work
Business|Economy|Finance|Political|Stock Markets|World

Fed's 'hawkish hold' muddies path for stocks and bonds

Investors searching for clarity from a newly led U.S.

Fed's 'hawkish hold' muddies path for stocks and bonds
Business|Economy|Science|Technology|World

Samsung sees chip shortage extending to 2028, touts long-term supply deals

Samsung Electronics on Thursday reported a more than 250-fold jump in chip profit and announced multi-year supply deals with major data

Samsung sees chip shortage extending to 2028, touts long-term supply deals
Business|Economy|Finance|Stock Markets|World

J.P.Morgan brings forward Fed rate hike call to December after July hold

J.P.Morgan now expects the Federal Reserve to deliver a quarter-point rate hike in December, bringing forward its previous forecast for an increase in the second half of 2027,

J.P.Morgan brings forward Fed rate hike call to December after July hold
Business|Economy|Europe|World

French economy expands 0.2% helped by household spending and exports

The French economy grew by 0.2% in the second quarter from the first, official data showed on Thursday, helped by a recovery in household spending and exports.

French economy expands 0.2% helped by household spending and exports
Business|Economy|Environment|MidEast|Political|World

US strikes Iran as widening war engulfs more countries

The U.S. carried out fresh strikes in Iran on Wednesday, the U.S. military said, further

US strikes Iran as widening war engulfs more countries
Business|Economy|Finance|Stock Markets|Technology

Samsung reports record profit as South Korean chip giants benefit from global AI boom

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

Samsung reports record profit as South Korean chip giants benefit from global AI boom
Business|Economy|Environment|Science|Technology

In record heat, a warming world has come to rely on China to stay cool

In record heat, a warming world has come to rely on China to stay cool

In record heat, a warming world has come to rely on China to stay cool
Economy|US|World

US-Iran conflict enters new phase as Saudi Arabia helps hit proxies and diplomacy stalls again

The stop-start fighting between the United States and Iran appears to have entered a new phase as Saudi Arabia has publicly joined military escalations against Tehran-backed proxies

US-Iran conflict enters new phase as Saudi Arabia helps hit proxies and diplomacy stalls again
Economy|Europe|Political|World

Voters in Manchester choose a mayor to replace Andy Burnham, who left city hall for Downing Street

Voters in Manchester are electing a new mayor Thursday to replace Andy Burnham, who left the job to become Britain’s prime minister

Voters in Manchester choose a mayor to replace Andy Burnham, who left city hall for Downing Street
Asia|Business|Economy|Finance|Stock Markets|World

Japan cuts this year's growth outlook as higher energy costs weigh

Japan's government cut its economic growth forecast for the current fiscal year on Thursday, as higher oil prices linked to Middle East tensions squeeze

Japan cuts this year's growth outlook as higher energy costs weigh
Business|Economy|Technology|World

China warns of retaliation if US sticks with robot ban

China will "resolutely retaliate" and safeguard its interests if the United States insists on acting unilaterally over an import ban on new Chinese robots and power

China warns of retaliation if US sticks with robot ban
Business|Economy|Finance|World

Consumers, AI spending likely supported US economic growth in the second quarter

The U.S. economy likely maintained a steady pace of growth in the second quarter, supported by stronger consumer spending and robust business

Consumers, AI spending likely supported US economic growth in the second quarter
Business|Economy|Science|Technology

Intel providing chip technology to startup led by co-investor of Tan in rare deal

By Max A.

Intel providing chip technology to startup led by co-investor of Tan in rare deal
Australia|Business|Economy|Finance|Stock Markets|World

KPMG Australia says no decision made on workforce after media report of 1,000 job cuts

KPMG Australia said on Thursday it had made no decision on possible job cuts after the Australian Financial Review (AFR) reported that the firm plans to eliminate about

KPMG Australia says no decision made on workforce after media report of 1,000 job cuts
Business|Economy|Finance|World

Japan's price expert predicts BOJ shift to more aggressive inflation fighting posture

The Bank of Japan may shift to an inflation fighting posture from inflation tolerance as soon as December, which would mean an acceleration

Japan's price expert predicts BOJ shift to more aggressive inflation fighting posture
Business|Economy|World

Early dissents versus Fed chief Warsh are the most since 1970

Kevin Warsh came into the Federal Reserve chairman's seat busting for, as he repeatedly called it, a "good family fight," and he appears to have had a bruiser at this

Early dissents versus Fed chief Warsh are the most since 1970
Business|Economy|Finance|Stock Markets|Technology|World

Equinix shares fall on soft third-quarter forecast

Equinix shares fell 3% on Wednesday as soft third-quarter forecast overshadowed a raised full-year and long-term outlook.

Equinix shares fall on soft third-quarter forecast
Business|Economy|Technology

Microsoft says cash will keep flowing from AI, shares rise

Microsoft on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a capital

Microsoft says cash will keep flowing from AI, shares rise
Economy

Bank of England to keep rates steady while oil prices gyrate

The Bank of England looks set to keep interest rates steady on Thursday as it weighs the impact of the on-again, off-again Iran war that has closed the

Bank of England to keep rates steady while oil prices gyrate
Business|Economy|Technology|World

Chinese carmakers piling pressure on UK rivals, auto industry chief says

A wave of Chinese entrants into Britain's car market is piling pressure on traditional manufacturers, forcing them to offer deeper discounts to compete with

Chinese carmakers piling pressure on UK rivals, auto industry chief says
Economy|Health|Political|World

Trump administration unfreezes $600 million for Gavi for global vaccine effort

The Trump administration said on Wednesday it will immediately release $600 million in congressionally appropriated funds for vaccines for the world's poorest

Trump administration unfreezes $600 million for Gavi for global vaccine effort
Business|Economy|Political|Sports

Senators still working with SEC, Big Ten on thorny issues involved in college sports bill

Senate negotiators are working to resolve thorny differences with leaders of the Southeastern and Big Ten Conferences over revisions to a bill designed to regulate college sports that sponsors want a vote on before the chamber goes on summer break next week

Senators still working with SEC, Big Ten on thorny issues involved in college sports bill
Business|Economy|Finance

Warsh-led Fed leaves rates on hold and a bond market scratching its head

By Ann Saphir and Michael S.

Warsh-led Fed leaves rates on hold and a bond market scratching its head
Business|Economy|Finance|Stock Markets|Technology

L3Harris beats quarterly revenue estimates on strong weapons demand

Defense supplier L3Harris Technologies beat Wall Street estimates for second-quarter revenue on Wednesday, as it banks on strong demand for weapons and military technology.

L3Harris beats quarterly revenue estimates on strong weapons demand
Business|Economy|Environment|Lifestyle|Science|World

Rotten fish sauce that has long stunk up a small Canadian town is finally being removed

The townspeople of St. Mary’s can now breathe a sigh of relief

Rotten fish sauce that has long stunk up a small Canadian town is finally being removed
Business|Economy|Political|World

Saudi Arabia seeks international coalition to protect Red Sea shipping from Houthis, sources say

Saudi Arabia is seeking to build an international coalition to protect shipping in the Red Sea from Houthi attacks, two people familiar with the deliberations said on

Saudi Arabia seeks international coalition to protect Red Sea shipping from Houthis, sources say
Business|Economy|Food

Chipotle raises forecast despite hit from cyclospora parasite scare

Chipotle Mexican Grill raised its annual sales forecast on Wednesday but said the third quarter is likely to be its toughest of the

Chipotle raises forecast despite hit from cyclospora parasite scare
Business|Economy|Finance|Stock Markets

Robinhood beats quarterly profit estimates as trading activity remains robust

Robinhood Markets beat Wall Street estimates for second-quarter profit on Wednesday, as robust trading in equities, options and prediction markets helped

Robinhood beats quarterly profit estimates as trading activity remains robust
Business|Economy|Political|World

Trump stands by his 'brilliant' Fed pick despite no rate cuts

President Donald Trump on Wednesday refused to turn on his "brilliant" hand-picked U.S. central banker in chief despite the fact that Federal Reserve

Trump stands by his 'brilliant' Fed pick despite no rate cuts
Business|Economy|Environment|Health|Science|US|World

USDA to fund Arizona facility to fight flesh-eating livestock pest

The U.S.

USDA to fund Arizona facility to fight flesh-eating livestock pest
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: All Warshed up 

U.S. shares tumbled and long-dated Treasury yields surged to multi-decade peaks on Wednesday after the Federal Reserve kept interest rates on

Trading Day: All Warshed up 
Business|Economy|Technology

Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate

Qualcomm forecast fourth-quarter profit below estimates and said revenue from Apple products would decline faster than expected, but signaled

Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate
Business|Economy|Finance|Stock Markets|Technology

Meta cash flow craters as Zuckerberg doubles down on AI spending

Meta Platforms reported a 91% drop in second-quarter free cash flow on Wednesday, underscoring the financial strain of the social media giant's

Meta cash flow craters as Zuckerberg doubles down on AI spending
Business|Economy|Entertainment|Travel

Casino operator MGM Resorts beats quarterly revenue estimates on Las Vegas strength

Casino operator MGM Resorts International beat analysts' estimates for second-quarter revenue on Wednesday, driven by strong performance in its Las Vegas business.

Casino operator MGM Resorts beats quarterly revenue estimates on Las Vegas strength
Business|Economy|Finance|Stock Markets|Technology|US|World

US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns

The U.S.

US strikes $58.6 billion Patriot missile deal amid rising stockpile concerns
Business|Economy|Technology

Arm shares dive after hours despite forecasts above estimates

By Juby Babu and Max A.

Arm shares dive after hours despite forecasts above estimates
Business|Economy|Technology

Microsoft beats Wall Street expectations with $90B in revenue

Microsoft has posted strong quarterly earnings, surpassing expectations with significant growth in its cloud computing platform and a boost in paid AI users

Microsoft beats Wall Street expectations with $90B in revenue
Business|Economy|Finance|Stock Markets|US

Starbucks reports strong quarterly sales across customer income levels and times of day

Starbucks has reported better-than-expected quarterly revenue and profit

Starbucks reports strong quarterly sales across customer income levels and times of day
Africa|Business|Economy|Environment|Health|World

The fastest growing Ebola outbreak is worsening hunger in eastern Congo, a UN agency chief warns

The head of the U.N. food agency is warning that the fastest growing Ebola outbreak ever recorded is leaving thousands more people hungry in eastern Congo

The fastest growing Ebola outbreak is worsening hunger in eastern Congo, a UN agency chief warns
Business|Economy|Finance|World

Fed's Warsh says there is no 'soft target' for inflation, only a 2% goal

Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. central bank has no higher "soft target" for inflation and is determined to meet its longstanding 2% goal

Fed's Warsh says there is no 'soft target' for inflation, only a 2% goal
Business|Economy|Environment|Science

EPA weighs RFS deadline extension amid high renewable credit costs, sources say

The Trump administration is weighing whether to extend a Sept. 1 deadline requiring oil refiners to demonstrate compliance with the nation's

EPA weighs RFS deadline extension amid high renewable credit costs, sources say
Business|Economy|Finance|Political|Stock Markets|Travel|US

Trump unveils $22 billion plan to remake Washington Dulles airport

President Donald Trump unveiled a $22 billion plan on Wednesday to rebuild Washington Dulles airport by replacing concourses and adding a large

Trump unveils $22 billion plan to remake Washington Dulles airport
Business|Economy|Finance|World

Risk-averse investors push Brazil debt deeper into interest rate exposure

Brazil's Treasury is increasing its reliance on floating-rate debt tied to the benchmark Selic interest rate as investors shun longer-dated securities

Risk-averse investors push Brazil debt deeper into interest rate exposure
Business|Economy|Finance|Stock Markets|US

Starbucks raises annual forecasts again as turnaround takes root

Starbucks has raised its annual sales and profit forecasts for the second time, as CEO Brian Niccol's years-long turnaround efforts reignite demand at the world's

Starbucks raises annual forecasts again as turnaround takes root
Business|Economy|Science|Technology|World

SpaceX gets $1.6 billion US Space Force order for 18 Falcon 9 launches

SpaceX won $1.6 billion in orders from the U.S.

SpaceX gets $1.6 billion US Space Force order for 18 Falcon 9 launches
Business|Economy|Finance|Stock Markets|Technology|World

US stocks, dollar slip after Fed leaves rates unchanged

U.S. stocks extended losses, interest-rate sensitive two-year Treasury yields dropped and the dollar slipped on Wednesday after the Federal Reserve held interest

US stocks, dollar slip after Fed leaves rates unchanged
Business|Economy|Finance|Stock Markets|World

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war

Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
Economy|Education|Health

Kansas high school student urges state leaders to expand youth mental health resources

Kansas high school student urges state leaders to expand youth mental health resources

Kansas high school student urges state leaders to expand youth mental health resources
Economy|Environment|Health|Science|World

Blazes burning with the intensity of ‘atomic bombs’: Europe enters a new era of mega fires

Blazes burning with the intensity of ‘atomic bombs’: Europe enters a new era of mega fires

Blazes burning with the intensity of ‘atomic bombs’: Europe enters a new era of mega fires
Business|Economy|Health|World

BAT must face class-action litigation over cigarette labels, US appeals court rules

A divided U.S. appeals court ruled on Wednesday that British American Tobacco must face class-action litigation claiming it misled consumers into believing

BAT must face class-action litigation over cigarette labels, US appeals court rules
Business|Economy|Finance|Stock Markets|Technology

Meta shares drop as Q2 profit declines due to legal expenses and severance costs

Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results

Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Business|Economy|Technology|World

Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower

Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control

Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Business|Economy|Finance|Stock Markets|US

Even though the Fed just held rates steady, savers can still lock in healthy returns

Even though the Fed just held rates steady, savers can still lock in healthy returns

Even though the Fed just held rates steady, savers can still lock in healthy returns
Business|Crime|Economy|Environment

AgriStar plant fire sparks smoke advisory, water concerns

AgriStar plant fire sparks smoke advisory, water concerns

AgriStar plant fire sparks smoke advisory, water concerns
Business|Economy|Europe|Finance|Stock Markets

Renault swings to profit in first half despite intense Chinese competition

Renault swung back to a profit in the first half of 2026 versus a large one-off loss in the same period last year, with electric vehicle sales up sharply despite intense

Renault swings to profit in first half despite intense Chinese competition
Business|Economy|Europe|World

Airbus upbeat on deliveries after strong Q2, softens tone in engine dispute

Airbus voiced increasing confidence in its critical jet delivery target and maintained other 2026 goals as it unveiled stronger-than-

Airbus upbeat on deliveries after strong Q2, softens tone in engine dispute
Business|Economy|Health|Science

Can J&J finally put the talc litigation behind it?

After years of failed attempts to resolve thousands of lawsuits alleging that its talc products caused cancer, Johnson & Johnson says it has reached a

Can J&J finally put the talc litigation behind it?
Business|Economy|Europe|Technology|World

Renault swings to profit on EVs despite rise of Chinese rivals

Renault posted a 9.4% rise in first-half revenue on Wednesday and swung back to profit thanks to strong electric vehicle sales, as it withstood growing

Renault swings to profit on EVs despite rise of Chinese rivals
Business|Economy|Finance

Aon quarterly profit jumps on commercial risk management strength

Aon reported a jump in second-quarter profit on Wednesday, as the insurance broker giant benefited from robust demand for its commercial risk management offerings.

Aon quarterly profit jumps on commercial risk management strength
Business|Economy|Environment|Finance|World

Oil jumps 7% on escalating Middle East airstrikes

Oil prices climbed about 7% on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling supply as U.S. government data showed

Oil jumps 7% on escalating Middle East airstrikes
Business|Economy|Environment|Technology|World

Shell, Phillips 66 weigh sale of stakes in $3.5 billion US pipeline Explorer, sources say

Shell and Phillips 66 are working on a potential sale of their stakes in the company which owns the Explorer refined products pipeline, in a deal that

Shell, Phillips 66 weigh sale of stakes in $3.5 billion US pipeline Explorer, sources say
Business|Economy|Finance|World

Bank of Canada governors split over sustainability of rebound, minutes show

Ahead of the Bank of Canada's July 15 interest rate decision, governors were split over the sustainability of the economic recovery, minutes of the

Bank of Canada governors split over sustainability of rebound, minutes show
Crime|Economy|Political|World

Pakistan-administered Kashmir vote marred by deadly clashes

Protests during regional elections in Pakistan-administered Kashmir have turned deadly, with leaders of a

Pakistan-administered Kashmir vote marred by deadly clashes
Economy|Finance|World

Bolivia and IMF reach $1.9 billion loan agreement, political hurdles remain

The International Monetary Fund has reached a staff-level agreement with Bolivia on a $1.9 billion financing program, the IMF said on

Bolivia and IMF reach $1.9 billion loan agreement, political hurdles remain
Business|Economy|Technology|World

Wall Street closes down sharply after Fed holds rates unchanged

Wall Street ended sharply lower on Wednesday after the Federal Reserve held interest rates steady, with AI-related chip stocks adding to recent declines ahead of

Wall Street closes down sharply after Fed holds rates unchanged
Economy|Finance|MidEast|Political|Stock Markets|US|World

Trump and Netanyahu explored all Iran options including attack, Israeli official says

U.S.

Trump and Netanyahu explored all Iran options including attack, Israeli official says
Business|Economy|Finance|World

Fed holds rates steady as three policymakers dissent for a hike

The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his

Fed holds rates steady as three policymakers dissent for a hike
Business|Economy|Sports|World

US Biathlon pushes back decision to join US Ski & Snowboard in merger of Olympic sport organizations

The U.S. Biathlon board of directors voted Wednesday to push back a planned merger with U.S. Ski & Snowboard in order to review the details after facing opposition from its community

US Biathlon pushes back decision to join US Ski & Snowboard in merger of Olympic sport organizations
Business|Economy|Political|Sports|World

FIFA's Infantino sets deadline for $20M offer to members in World Cup investor plan

FIFA President Gianni Infantino has set a Sept. 19 deadline for the 211 member federations to accept a $20 million offer to each in his controversial plan to sell stakes in a subsidiary running the World Cup

FIFA's Infantino sets deadline for $20M offer to members in World Cup investor plan
Business|Economy|World

Two key takeaways from the Fed’s unusually unpredictable meeting

Two key takeaways from the Fed’s unusually unpredictable meeting

Two key takeaways from the Fed’s unusually unpredictable meeting
Business|Crime|Economy|Finance|Travel

Scammers exploit South Lake Tahoe visitors with fake rental listings

Scammers exploit South Lake Tahoe visitors with fake rental listings

Scammers exploit South Lake Tahoe visitors with fake rental listings
Business|Economy|Finance|Stock Markets|US

Frontier forecasts third-quarter profit above estimates on higher airfares, easing competition after Spirit's exit

Ultra-low-cost carrier Frontier Airlines on Wednesday forecast third-quarter earnings above Wall Street estimates, betting on stronger

Frontier forecasts third-quarter profit above estimates on higher airfares, easing competition after Spirit's exit
Business|Economy|Finance|Stock Markets|World

Will they or won't they? The case for and against a Fed rate hike

As the clock ticked toward the U.S.

Will they or won't they? The case for and against a Fed rate hike
Business|Economy|Finance|Stock Markets|World

European bank rally rolls on as Deutsche Bank, UBS report profit jump

Deutsche Bank and UBS beat forecasts again with second-quarter earnings on Wednesday, buoyed by a surge

European bank rally rolls on as Deutsche Bank, UBS report profit jump
Business|Crime|Economy|Entertainment|Lifestyle

Edmond man’s $300K collectibles collection meant to fund family home stolen from storage unit

Edmond man’s $300K collectibles collection meant to fund family home stolen from storage unit

Edmond man’s $300K collectibles collection meant to fund family home stolen from storage unit
Business|Economy|Technology|World

Apple says UK App Store proposal amounts to price regulation

Apple said on Wednesday that proposed UK rules governing its App Store would amount to price regulation, arguing that plans to loosen its control over in-

Apple says UK App Store proposal amounts to price regulation
Arts|Business|Economy|Europe|Fashion and Beauty|Lifestyle|World

L'Oreal sales rise on haircare boom and 'lipstick effect'

The world's largest cosmetics company L'Oreal reported better-than-expected quarterly sales on Wednesday, boosted by strong demand for new hair products

L'Oreal sales rise on haircare boom and 'lipstick effect'
Business|Economy|Technology|World

NextEra, Brookfield plan $100 billion data center at US uranium site in Kentucky

NextEra Energy and Brookfield plan to develop a $100 billion data center campus and power plant at a federally owned former uranium

NextEra, Brookfield plan $100 billion data center at US uranium site in Kentucky
Business|Economy|Finance|Health|Technology|US

US FTC sues Hims & Hers for sending user health info to Meta, Snap

The U.S.

US FTC sues Hims & Hers for sending user health info to Meta, Snap
Business|Crime|Economy|Entertainment|Finance|Lifestyle

Man says investment scam stole his life savings, forcing him to start over at 67

Man says investment scam stole his life savings, forcing him to start over at 67

Man says investment scam stole his life savings, forcing him to start over at 67
Arts|Business|Economy|Environment|Europe|Food|Travel|World

Wildfires near Bordeaux bring more troubles to France's wine industry

Wildfires near Bordeaux are hurting the wine region's economy

Wildfires near Bordeaux bring more troubles to France's wine industry
Business|Economy|Environment

"California Forever" loses Saronic's $3B shipyard bid, thousands of jobs to Texas

"California Forever" loses Saronic's $3B shipyard bid, thousands of jobs to Texas

"California Forever" loses Saronic's $3B shipyard bid, thousands of jobs to Texas
Business|Economy|Science|Technology|World

US to award GlobalFoundries $300 million to develop faster AI chip links

GlobalFoundries said on Wednesday the U.S. government will award $300 million to the chipmaker to bolster research and development of

US to award GlobalFoundries $300 million to develop faster AI chip links
Business|Economy|Finance|Stock Markets|Technology

Cognizant lifts annual profit forecast on strong financial services growth

Cognizant Technology on Wednesday raised its annual adjusted profit forecast after recording strong growth in its financial services business and continued operating margin

Cognizant lifts annual profit forecast on strong financial services growth
Business|Economy|Environment|World

S&P says El Niño unlikely to trigger rating changes, for now

El Niño is unlikely on its own to lead to sovereign rating downgrades unless the weather phenomenon proves significantly more severe than expected or

S&P says El Niño unlikely to trigger rating changes, for now
Business|Economy|Environment|Europe|Finance|Health|Lifestyle|World

'There's nothing left': French wildfire survivors return to burnt homes

When Raphael Fohanno saw what was left of his parents' home after the wildfires that have wreaked havoc across

'There's nothing left': French wildfire survivors return to burnt homes
Business|Economy|Finance|Stock Markets|US

P&G forecasts slower annual sales growth as costs weigh

Procter & Gamble on Wednesday forecast slower revenue growth in fiscal 2027 after quarterly sales fell short of estimates and margins

P&G forecasts slower annual sales growth as costs weigh
Business|Economy|Finance|Stock Markets|Technology|World

General Dynamics lifts outlook on Gulfstream, shipbuilding strength

General Dynamics on Wednesday raised its full-year profit forecast after reporting better-than-expected second-quarter results, as strength in its Gulfstream

General Dynamics lifts outlook on Gulfstream, shipbuilding strength
Business|Economy|Finance|Stock Markets|Technology

Hyperscaler debt binge pushes yields up as investor demand cools

Major U.S. technology companies are borrowing heavily as they ramp up spending on their artificial intelligence buildout, and at steadily higher yields

Hyperscaler debt binge pushes yields up as investor demand cools
Business|Economy|Finance|Stock Markets|World

Wall St opens lower ahead of Fed decision; chip stocks wobble

Wall Street's main stock indexes opened lower on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against a backdrop of simmering Middle East tensions,

Wall St opens lower ahead of Fed decision; chip stocks wobble
Business|Economy|Finance|Stock Markets|World

Grant Thornton Advisors to buy CBIZ in $5 billion deal, expand US accounting reach

Grant Thornton Advisors will buy CBIZ for $5 billion in cash, the companies said on Wednesday, creating one of the largest accounting services providers in

Grant Thornton Advisors to buy CBIZ in $5 billion deal, expand US accounting reach
Business|Economy|Finance|Stock Markets|US|World

US mortgage rates climb again in latest week, many at year high

U.S. mortgage interest rates climbed to their highest in about a year last week on an array of home loan products after a resumption of U.S.-Iran fighting drove up both oil prices

US mortgage rates climb again in latest week, many at year high
Business|Crime|Economy|Finance|Stock Markets|US

US Democratic lawmakers press SEC to probe Trump Media's fast feed

Democratic Senators Elizabeth Warren and Adam Schiff have asked the U.S. securities regulator to probe whether Truth Social parent Trump Media's plan to

US Democratic lawmakers press SEC to probe Trump Media's fast feed
Business|Economy|Europe|World

Germany's ruling party appoints Merz ally as new faction leader

Germany's ruling conservatives voted on Wednesday to appoint an ally of Chancellor Friedrich Merz as the new parliamentary faction

Germany's ruling party appoints Merz ally as new faction leader
Business|Economy|Finance|Political|World

US issues new Iran-related sanctions targeting insurers, more tankers

The United States on Wednesday issued another round of Iran-related sanctions, taking aim at Iran's efforts to "monetize the

US issues new Iran-related sanctions targeting insurers, more tankers
Business|Economy|Environment|Europe|Technology

Ferrari has already hit 2026 sales target for Luce EV, FT says

Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the Financial Times reported on Wednesday, citing people

Ferrari has already hit 2026 sales target for Luce EV, FT says
Business|Economy|Technology|World

Kia to invest $649 million to bring electric car production to Mexico

South Korea's Kia will produce and sell fully electric vehicles in Mexico, managing director for the company Horacio Chavez said on Wednesday.

Kia to invest $649 million to bring electric car production to Mexico
Economy|Finance|Stock Markets|US|World

Dollar slips as Fed holds rates steady

The U.S. dollar fell across the board on Wednesday after the Federal Reserve held interest rates steady, a choice that may intensify questions about

Dollar slips as Fed holds rates steady
Economy|Europe|Interview|Lifestyle|Travel

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal
Business|Economy|Europe|Finance|Stock Markets|World

Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows

Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $

Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows
Business|Economy|Technology

SoFi's unchanged profit forecast tempers record quarter, revenue outlook lift

SoFi's unchanged 2026 profit outlook on Wednesday overshadowed a raise in the fintech's revenue growth forecast that topped Wall Street expectations and a market-

SoFi's unchanged profit forecast tempers record quarter, revenue outlook lift
Business|Economy|Finance|Health|Stock Markets|US

Biogen beats quarterly estimates as newer drugs drive growth

Biogen topped Wall Street estimates for second-quarter profit and revenue on Wednesday as growth from its rare-disease medicines outweighed declining sales of its

Biogen beats quarterly estimates as newer drugs drive growth
Business|Economy|Europe|World

Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%

German defence contractor Rheinmetall reported a stronger-than-expected second-quarter operating profit on Wednesday as booming demand for military equipment helped drive a

Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%
Business|Economy|World

Santander Brasil posts weakest profit since 2023; shares tumble as provisions rise

Banco Santander Brasil on Wednesday reported its weakest quarterly profit and profitability since late 2023, missing market

Santander Brasil posts weakest profit since 2023; shares tumble as provisions rise
Business|Economy|Finance|World

New Fed focus on money supply might aid inflation thinking at the margins

By Michael S.

New Fed focus on money supply might aid inflation thinking at the margins
Business|Economy|Europe|Fashion and Beauty|Lifestyle

Hermes shares dive as sales and Chinese weakness disappoint

Hermes shares sank 11% on Wednesday after the Birkin bag maker posted second-quarter sales growth in line with expectations but said buying in China, its

Hermes shares dive as sales and Chinese weakness disappoint
Economy

US profit growth mushrooms

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets In a clear illustration of just how high the bar is for Big Tech to

US profit growth mushrooms
Business|Economy|Finance|Stock Markets|Technology

What are credit default swaps and why are they spooking AI investors?

Shares in companies driving the AI boom have been under pressure for weeks.

What are credit default swaps and why are they spooking AI investors?
Business|Economy|Health|Science|Technology

Boston Scientific trims annual profit forecast on softer Watchman device demand

Medical device maker Boston Scientific cut its annual profit forecast on Wednesday, citing slower growth for its Watchman heart device and tougher competition in

Boston Scientific trims annual profit forecast on softer Watchman device demand
Business|Economy|Finance|Health|Stock Markets|US

Humana leaves annual adjusted profit outlook unchanged, shares drop

Humana stuck to its annual adjusted profit forecast on Wednesday for a second consecutive quarter, disappointing Wall Street and pushing the health

Humana leaves annual adjusted profit outlook unchanged, shares drop
Business|Economy|Health|Technology|World

GE HealthCare tops quarterly estimates, weighs patient care unit sale

GE HealthCare said on Wednesday it might sell its patient care segment, after beating Wall Street estimates on steady demand for its diagnostics and imaging devices

GE HealthCare tops quarterly estimates, weighs patient care unit sale
Business|Economy|Science|Technology

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

By Max A.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents
Business|Economy|Finance|Stock Markets

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook

U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday as it beat Wall Street estimates for second-quarter earnings

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook
Business|Economy|Europe|Technology|World

Thousands of Audi workers protest over threatened plant closure

Thousands of Audi workers demonstrated on Wednesday against the possible closure of the German automaker's Neckarsulm plant

Thousands of Audi workers protest over threatened plant closure
Business|Economy|Europe|Finance|Stock Markets|World

Electrolux beats profit forecast as savings pay off, but US demand weakens

Electrolux reported a surprise rise in core profits on Wednesday, but said market conditions weakened in North America, a key region for the home

Electrolux beats profit forecast as savings pay off, but US demand weakens
Business|Economy|Environment|Finance|Stock Markets|World

US wheat rises on Black Sea disruptions

Chicago wheat edged higher on Wednesday as fresh disruptions to Black Sea grain exports renewed concerns about supplies, after Russia and Ukraine continued attacks

US wheat rises on Black Sea disruptions
Economy|Health|Political|World

PM Burnham says difficult decisions needed to fix England's 'unfair' adult care system

British Prime Minister Andy Burnham pledged on Wednesday to take difficult decisions to overhaul England's adult social care

PM Burnham says difficult decisions needed to fix England's 'unfair' adult care system
Business|Economy|Finance|Stock Markets

Vulcan Materials beats quarterly profit estimates on strong construction materials demand

July 29 - Vulcan Materials beat Wall Street expectations for second-quarter profit on Wednesday, helped by strong demand for its construction materials such as crushed stone, sand and gravel.

Vulcan Materials beats quarterly profit estimates on strong construction materials demand
Business|Economy|Finance|Stock Markets|Technology

Johnson Controls lifts annual profit forecast on data center demand

Industrial supplier Johnson Controls International raised its full-year profit forecast on Wednesday, anticipating sustained demand for data center-related products and services.

Johnson Controls lifts annual profit forecast on data center demand
Economy|Europe|Political|World

Ukraine says it hits 2 major Russian oil refineries hours after Zelenskyy's meeting with Trump

Ukraine says its forces have hit two of Russia’s major oil refineries in their latest long-range strikes

Ukraine says it hits 2 major Russian oil refineries hours after Zelenskyy's meeting with Trump
Business|Economy|Education|Political|World

A new media ecosystem is taking root on the left, reshaping Democratic politics

More progressive Americans are swearing off traditional media

A new media ecosystem is taking root on the left, reshaping Democratic politics
Business|Economy|Science|Technology

Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand

Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday its board approved an expansion plan, including additional cleanroom capacity at its

Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand
Crime|Economy|Political|World

Who are Iraq's Iranian-backed armed groups?

By Michael Georgy DUBAI, July 29 - The U.S. and Saudi Arabia have struck Iran-backed Shi'ite armed groups in Iraq, which the allies said were responsible for drone attacks on Saudi oil facilities.

Who are Iraq's Iranian-backed armed groups?
Business|Economy|Europe|World

Lamborghini's operating profit falls as geopolitical turmoil shakes luxury car sector

Italian luxury sports carmaker Lamborghini reported an over 8% drop in its half-year operating profit on Wednesday, reflecting sector-wide fragility spurred by tariffs and the

Lamborghini's operating profit falls as geopolitical turmoil shakes luxury car sector
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Gucci beat sparks Kering rally as rival Hermes fails to impress

Kering shares surged 16.9% as flagship brand Gucci's better-than-expected quarterly sales lifted hopes that CEO Luca de Meo's turnaround efforts are gaining

Gucci beat sparks Kering rally as rival Hermes fails to impress
Business|Economy|Entertainment|Technology

Sony poised for 'GTA VI' boost as memory prices bite

Sony is set to be a major beneficiary of the launch of "Grand Theft Auto VI" but the highly anticipated game is landing as the PlayStation maker grapples with

Sony poised for 'GTA VI' boost as memory prices bite
Business|Economy|Environment|Science|World

Rescuers haul survivors from wrecked Japan mall as earthquake toll hits 13

Rescuers frantically searched for survivors on Wednesday, a day after a 7.1-magnitude earthquake shook southern

Rescuers haul survivors from wrecked Japan mall as earthquake toll hits 13
Business|Economy|Europe|Finance|Stock Markets|World

European shares fall as mixed luxury company earnings weigh

European shares edged lower on Wednesday, as diverging results from French luxury groups weighed on the broader sector, while

European shares fall as mixed luxury company earnings weigh
Business|Economy|Europe|Finance|World

Porsche restructuring starting to pay off, says CEO

Porsche's restructuring measures have begun to pay off, it said on Wednesday, allowing Volkswagen's embattled luxury brand to keep its profit guidance

Porsche restructuring starting to pay off, says CEO
Business|Economy|Finance|Stock Markets|Technology|World

Magnificent 7 results set to test broadening US stock market

The S&P 500 has struggled to make further headway since its early June record peak, but that tepid performance belies churning beneath the market's

Magnificent 7 results set to test broadening US stock market
Business|Economy|Finance|Stock Markets|Technology

Microsoft set for $190 billion market value swing after earnings results, options indicate

Options traders expect a roughly $190 billion swing in Microsoft's market value after it reports earnings on Wednesday, an unusually large move that

Microsoft set for $190 billion market value swing after earnings results, options indicate
Business|Economy|Environment|Health|Lifestyle|Science

US diners avoid restaurants as cyclosporiasis fears cut lettuce sales

U.S. consumers are steering clear of some restaurant chains and buying less lettuce in grocery stores as a multistate outbreak of a

US diners avoid restaurants as cyclosporiasis fears cut lettuce sales
Business|Economy|Technology|World

South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint

South Korean stocks plunged for a second straight session on Wednesday as Asia's once-blazing AI rally morphed into

South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint
Business|Economy|Environment|World

"Ugly and rusty," Venezuela's refineries are relics that will be hard to revive

The Paraguana Refining Center in Western Venezuela once symbolized the country's oil wealth

"Ugly and rusty," Venezuela's refineries are relics that will be hard to revive
Business|Economy|Technology

Apple set for strongest June-quarter sales growth in 5 years

Apple's decision to hold iPhone prices steady is set to power its strongest June-quarter sales growth in five years, but investors will want to know how long it can

Apple set for strongest June-quarter sales growth in 5 years
Business|Economy|Education|Environment|Finance|Political|Technology

Trump's attacks on mail balloting and concerns over delays turn midterms spotlight on Postal Service

The U.S. Postal Service is emerging as a pivotal player as the midterm elections approach

Trump's attacks on mail balloting and concerns over delays turn midterms spotlight on Postal Service
Economy|Election|Finance|US|World

CNN Poll: Americans doubt Trump is paying enough attention to the country’s most important problems

CNN Poll: Americans doubt Trump is paying enough attention to the country’s most important problems

CNN Poll: Americans doubt Trump is paying enough attention to the country’s most important problems
Asia|Business|Economy|Science|Technology|World

China’s humanoid robots have been taking over the global market. Now the US is banning them

China’s humanoid robots have been taking over the global market. Now the US is banning them

China’s humanoid robots have been taking over the global market. Now the US is banning them
Business|Economy|Technology|Travel|World

Anti-collision alarms sound in the cockpits of two Delta planes during close call at Atlanta airport

Anti-collision alarms sound in the cockpits of two Delta planes during close call at Atlanta airport

Anti-collision alarms sound in the cockpits of two Delta planes during close call at Atlanta airport
Arts|Business|Economy|Entertainment|Europe|Finance|Stock Markets|Technology|World

Aston Martin keeps forecast, bets on Valhalla after wider-than-expected loss

Aston Martin kept its annual forecasts on Wednesday despite a wider-than-expected second-quarter loss, as the debt-laden luxury carmaker bets on

Aston Martin keeps forecast, bets on Valhalla after wider-than-expected loss
Business|Economy|Finance|Technology|World

OCBC seeks to accelerate wealth client onboarding with agentic AI

Bank of Singapore, the private banking arm of Overseas-Chinese Banking Corp, has begun rolling out an agentic AI platform that will cut

OCBC seeks to accelerate wealth client onboarding with agentic AI
Business|Economy|Political

Japan PM's political doom loop worsens her fight with markets

Japanese Prime Minister Sanae Takaichi is fighting a losing battle in the polls, making a retreat from promised tax cuts more difficult

Japan PM's political doom loop worsens her fight with markets
Business|Economy|Europe|World

BMW to cut several thousand jobs in latest blow to German auto sector

BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy programme, the latest

BMW to cut several thousand jobs in latest blow to German auto sector
Economy|Environment|Europe|Travel|World

Fire crews keep blazes near Bordeaux under control as heatwave picks up

French firefighters kept a major blaze west of Bordeaux that had prompted mass evacuations under control overnight, ahead of

Fire crews keep blazes near Bordeaux under control as heatwave picks up
Business|Economy|Europe|World

Ukrainian drones strike across Russia, hitting refineries, Wildberries warehouse

Ukrainian drones hit oil refineries and logistics facilities in the Russian cities of Perm, Ryazan and Taganrog, as well as the Crimean peninsula overnight, with the country's top

Ukrainian drones strike across Russia, hitting refineries, Wildberries warehouse
Asia|Business|Economy|Environment|World

China regulator to meet solar industry on curbing competition, local media reports

China's market regulator will meet with solar industry representatives on Friday to provide guidance on pricing compliance and the implementation of industry cost-

China regulator to meet solar industry on curbing competition, local media reports
Business|Economy|Science|Technology

AI race redraws Asian air cargo, replacing e-commerce as growth engine

The global race to build artificial intelligence is redrawing Asia's air cargo map, prompting airlines to redesign networks

AI race redraws Asian air cargo, replacing e-commerce as growth engine
Business|Economy|Europe

UBS posts forecast-beating quarterly profit, flags $3 billion in new buybacks

UBS on Wednesday booked a 17% jump in second-quarter profit that beat expectations, and said it plans to buy back shares worth $3 billion by the middle of

UBS posts forecast-beating quarterly profit, flags $3 billion in new buybacks
Asia|Business|Economy|Lifestyle|World

Shared beds, shrinking budgets: China’s young workers feel economic squeeze

Chinese sales agent Winnie Zeng has taken an unusual step to protect herself from an uncertain future: she now shares her rented bed with a stranger to cut costs.

Shared beds, shrinking budgets: China’s young workers feel economic squeeze
Business|Economy|Technology

Analysts react to rout in South Korea stocks

South Korea's stock market plummeted for a second-straight session on Wednesday after earnings from chipmaker SK Hynix failed to allay investor fears about the

Analysts react to rout in South Korea stocks
Asia|Business|Economy|Finance|World

StanChart lifts income target after wealth boom powers earnings beat

Standard Chartered's push for fee income powered a forecast-beating first-half profit, with the bank lifting its full-year income

StanChart lifts income target after wealth boom powers earnings beat
Australia|Business|Economy|Finance|Stock Markets

Australia inflation undershoots forecasts, markets pare rate hike bets

Australian consumer prices rose at a slower pace in the June quarter as fuel costs eased from peaks, while core inflation undershot forecasts and lessened

Australia inflation undershoots forecasts, markets pare rate hike bets
Asia|Business|Economy|Finance|Stock Markets|World

Hong Kong home prices extend gains to 13th month in June, pace slows

Private home prices in Hong Kong rose for the 13th consecutive month in June but the rate slowed to 0.3%, data from the Rating and Valuation Department showed on

Hong Kong home prices extend gains to 13th month in June, pace slows
Business|Economy|Finance|Stock Markets|Technology

SK Hynix's record profit misses forecasts, shares slump 10% despite robust AI chip demand

South Korean chipmaker SK Hynix reported bumper quarterly results on Wednesday but fell short of lofty investor expectations, heightening

SK Hynix's record profit misses forecasts, shares slump 10% despite robust AI chip demand
Business|Economy|Finance|Stock Markets|Technology

Chip rout moves into pAnIc territory

A look at the day ahead in European and global markets from Ankur Banerjee Blockbuster earnings from chipmaker SK Hynix did little to quell investor fear about AI risk as a rout in chip stocks

Chip rout moves into pAnIc territory
Business|Economy|Political|Technology|World

Ukraine must act asymmetrically against Russia, new acting defense minister says

Ukraine cannot go "punch for punch" when confronting Russia militarily but must use resources carefully and act in an "asymmetric" fashion, Ukraine's new acting defence minister

Ukraine must act asymmetrically against Russia, new acting defense minister says
Business|Economy|Technology|World

New Zealand to purchase strike drones as part of defence modernisation

New Zealand plans to purchase long-range one-way strike drones with a preference for local suppliers, Defence Minister Chris Penk said on Wednesday, as it looks to boost

New Zealand to purchase strike drones as part of defence modernisation
Asia|Business|Economy|Technology|World

Asian stock rout deepens as AI worries grip markets

Asian stocks sank on Wednesday, extending a vicious selloff as anxiety about AI valuations and whether the massive spending will deliver returns

Asian stock rout deepens as AI worries grip markets
Economy|Environment|Europe|World

France orders 4,000 more evacuated as fires displace a third of a million across southwest Europe

French authorities have ordered nearly 4,000 more people to evacuate from Atlantic coast tourist sites because of wildfires

France orders 4,000 more evacuated as fires displace a third of a million across southwest Europe
Economy|Political|World

Senate takes first steps on Russian sanctions as Zelenskyy watches from Senate gallery

The Senate took the first steps toward passage of a sweeping Russian sanctions bill on Tuesday with Ukrainian President Volodymyr Zelenskyy in the Capitol

Senate takes first steps on Russian sanctions as Zelenskyy watches from Senate gallery
Business|Economy|Finance|Political|Stock Markets|World

Japan's Takaichi to proceed with food sales tax cut to 1%, Yomiuri reports

Japanese Prime Minister Sanae Takaichi conveyed to ruling party executives her intention to proceed with a plan to cut the sales tax rate on food items to 1% from 8% for two

Japan's Takaichi to proceed with food sales tax cut to 1%, Yomiuri reports
Economy|Political|US|World

Russia sanctions championed by Graham clear first Senate hurdle as Zelenskiy visits

The U.S.

Russia sanctions championed by Graham clear first Senate hurdle as Zelenskiy visits
Americas|Business|Economy|Europe|Finance|Political|Stock Markets|US|World

Zelenskyy has a 'good meeting' with Trump at the White House as he seeks more cooperation with US

President Donald Trump and Ukrainian President Volodymyr Zelenskyy have met to discuss Ukraine producing its own weapons amid its ongoing war with Russia

Zelenskyy has a 'good meeting' with Trump at the White House as he seeks more cooperation with US
Business|Economy|Environment|Political|Science|Technology|World

India's capital part of aggressive electric vehicle targets in bid to curb air pollution

Delhi has adopted a new policy to make most new vehicles electric, aiming to improve air quality

India's capital part of aggressive electric vehicle targets in bid to curb air pollution
Business|Economy|Finance|Political|Stock Markets|US|World

Trump’s new intelligence chief takes over an office in turmoil

Trump’s new intelligence chief takes over an office in turmoil

Trump’s new intelligence chief takes over an office in turmoil
Business|Economy|Finance|Stock Markets|Technology

Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming

Ford Motor on Tuesday raised its annual profit outlook for a second time this year, following rival GM's move last week, citing "resilient" customers who

Ford joins GM in raising profit outlook as wealthy buyers keep truck demand humming
Business|Economy|Technology|World

Trump administration bans new Chinese humanoid robots, to protect US AI buildout

The Trump administration on Tuesday unveiled bans that target imports of new Chinese robots and power inverters, seeking to

Trump administration bans new Chinese humanoid robots, to protect US AI buildout
Business|Economy|Political|US|World

Trump says he does not care about USMCA as US, Canada plan trade talks

U.S.

Trump says he does not care about USMCA as US, Canada plan trade talks
Business|Crime|Economy|Environment|Science|Technology|World

Minnesota IT officials disclose 'coordinated cyberattack' at more than 30 local water systems

A "coordinated cyberattack" targeted more than 30 community water systems in the U.S. state of Minnesota on July 26 and July 27, the state's IT agency said in a

Minnesota IT officials disclose 'coordinated cyberattack' at more than 30 local water systems
Business|Economy|Environment|Political|World

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal

The American Petroleum Institute opposes tolls or transit fees for vessels crossing the Strait of Hormuz, the top U.S. oil industry trade

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal
Business|Economy|Europe|World

UK's NIESR nudges up growth forecast, warns of persistent inflation

Britain's economy has been more resilient than anticipated after the energy price shock caused by the Iran war, but inflation will stay above the Bank of England's target

UK's NIESR nudges up growth forecast, warns of persistent inflation
Business|Crime|Economy|Election|Finance|Political|Stock Markets|US|World

US Senate confirms Trump nominee Clayton as nation's top spy

U.S. Senate Republicans on Tuesday confirmed President Donald Trump's nominee, Manhattan U.S.

US Senate confirms Trump nominee Clayton as nation's top spy
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Large majority of US Senate votes to advance Russia sanctions, voting continues

A large majority of the U.S.

Large majority of US Senate votes to advance Russia sanctions, voting continues
Crime|Economy|Election|Political|World

Peru's Fujimori takes power, extending Latin America's rightward tilt

Keiko Fujimori was sworn in as Peru's president on Tuesday, becoming the latest in a string of conservative leaders elected across Latin

Peru's Fujimori takes power, extending Latin America's rightward tilt
Economy|MidEast|Political|World

The Latest: US military says it has thwarted an Iranian missile attack on American troops

The U.S. military says Iran launched multiple ballistic missiles at American forces in the Middle East on Tuesday

The Latest: US military says it has thwarted an Iranian missile attack on American troops
Arts|Business|Celebrity|Crime|Economy|Election|Entertainment|Finance|Lifestyle|Sports

Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show

Members of the Hollywood Foreign Press Association have sued Penske Media and others, claiming they engaged in fraud to acquire the Golden Globe Awards

Former Golden Globes owners sue Penske Media alleging fraud in acquisition of awards show
Economy|MidEast|Political|US|World

Netanyahu praises first meeting with Trump since launching the Iran war

Israeli Prime Minister Benjamin Netanyahu says he had an “excellent” meeting with President Donald Trump at the White House

Netanyahu praises first meeting with Trump since launching the Iran war
Business|Economy|Political|World

Recent fighting with Iran further draws down key US air defense stockpiles, analysis says

A Washington think tank says recent fighting with Iran has used up more of the U.S. military’s stockpiles of advanced air defense systems

Recent fighting with Iran further draws down key US air defense stockpiles, analysis says
Americas|Economy|Election|Finance|Political|World

Voters outside Peru defined this year’s razor-thin election. It’s part of an ongoing trend in Latin America

Voters outside Peru defined this year’s razor-thin election. It’s part of an ongoing trend in Latin America

Voters outside Peru defined this year’s razor-thin election. It’s part of an ongoing trend in Latin America
Business|Economy|Finance|Technology

Logitech beats forecasts after US tariff refund

Logitech International reported better-than-expected quarterly sales and profit on Tuesday, helped by a big refund of tariffs imposed under U.S.

Logitech beats forecasts after US tariff refund
Business|Economy|Education|Science|Technology

Coursera backs co-founder Andrew Ng's new AI education firm with $100 million investment

Andrew Ng, co-founder of online learning platform Coursera, on Tuesday announced a new artificial intelligence startup focused on teaching white-

Coursera backs co-founder Andrew Ng's new AI education firm with $100 million investment
Business|Economy|Education|Finance|Health|Political|Stock Markets|US|World

Trump mourns Lindsey Graham as war hawk, golfing buddy at Washington funeral

U.S.

Trump mourns Lindsey Graham as war hawk, golfing buddy at Washington funeral
Business|Economy|Finance|Stock Markets|Technology

Seagate forecasts upbeat quarter on strong AI-driven storage demand

Seagate Technology forecast quarterly revenue and profit above estimates on Tuesday, as the rapid buildout of AI infrastructure fuels robust demand for its high-capacity hard disk

Seagate forecasts upbeat quarter on strong AI-driven storage demand
Business|Economy|Finance|Stock Markets|World

Trading Day: A show of resilience  

European and U.S. stock markets on Tuesday shrugged off a deep slump in Asia earlier in the day, following another sharp fall in oil prices and

Trading Day: A show of resilience  
Business|Economy|Finance|Travel|World

Resilient tourists help US travel firms absorb Middle East shock

Early earnings reports show travel companies, from hotel chains to cruise operators, have relied on resilient U.S. business and leisure demand, coupled with a

Resilient tourists help US travel firms absorb Middle East shock
Business|Economy|Finance|Stock Markets|Technology|US

Visa tops profit estimates on resilient spending, World Cup travel

Visa on Tuesday beat estimates for quarterly profit as steady consumer spending and the World Cup-fueled travel demand boosted payment volumes, signaling

Visa tops profit estimates on resilient spending, World Cup travel
Business|Economy|Health|Political

Trump administration to end Medicare premium subsidy program

The Trump administration will end a subsidy program, meant to keep premiums stable for Medicare prescription drug plans, after 2026, the Centers for

Trump administration to end Medicare premium subsidy program
Business|Economy|Finance|Food|Stock Markets

Oreo maker Mondelez beats second-quarter estimates on steady demand

Cadbury parent Mondelez International beat Wall Street estimates for second-quarter revenue and profit on Tuesday, helped by steady demand for biscuits and chocolates in key

Oreo maker Mondelez beats second-quarter estimates on steady demand
Economy|Environment|Political|World

Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it

Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz
Business|Economy|Technology

AT&T closes $23 billion deal to acquire spectrum from Echostar

AT&T on Tuesday said it completed its $23 billion acquisition of some wireless spectrum licenses from EchoStar under a deal announced in August 2025.

AT&T closes $23 billion deal to acquire spectrum from Echostar
Business|Economy|Finance|Technology|US

Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfers

Elon Musk's social media company X, previously Twitter, has launched X Money, a bank account-like service for users to send money to each other

Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfers
Business|Crime|Economy|Travel|US|World

ICE arrests at US airports are happening more frequently, attorneys say. Here’s what we know

ICE arrests at US airports are happening more frequently, attorneys say. Here’s what we know

ICE arrests at US airports are happening more frequently, attorneys say. Here’s what we know
Americas|Crime|Economy|World

Keiko Fujimori is inaugurated as Peru's president following a narrow election victory

Keiko Fujimori has been sworn in as Peru’s president after a narrow victory in the June runoff election

Keiko Fujimori is inaugurated as Peru's president following a narrow election victory
Business|Crime|Economy|Political|World

Lawsuit claims US civil rights agency has halted all federal-sector class complaints

A labor union and two female prison employees filed a lawsuit Tuesday accusing a U.S. civil rights agency of unlawfully halting their sexual harassment case as part of wider order to indefinitely suspend proceedings in all federal-sector class claims

Lawsuit claims US civil rights agency has halted all federal-sector class complaints
Economy|Environment|Science|Technology

5 states offer to accept nuclear waste in exchange for help developing nuclear energy

Five states have agreed to accept nuclear waste from around the country in exchange for federal help to develop nuclear energy and create thousands of jobs

5 states offer to accept nuclear waste in exchange for help developing nuclear energy
Business|Economy|Finance|Stock Markets|Technology

Wall Street's flip from AI to less-loved stocks accelerates, while oil prices keep easing

Most U.S. stocks rose after Coca-Cola and other companies reported stronger profits for the spring than analysts expected

Wall Street's flip from AI to less-loved stocks accelerates, while oil prices keep easing
Business|Economy|Environment|Europe|Food|Science

Wildfires darken the clouds over France's Bordeaux wine industry

Wildfires burning outside Bordeaux are underscoring the climate challenges facing France's largest wine region, where producers are grappling with

Wildfires darken the clouds over France's Bordeaux wine industry
Business|Economy|World

China in touch with Yemen's Houthis to allow ships to sail through Red Sea, sources say

China has held direct talks with Yemen's Houthi movement to enable its tankers to sail through the

China in touch with Yemen's Houthis to allow ships to sail through Red Sea, sources say
Business|Economy|Technology|World

US stocks mixed ahead key tech earnings, Fed

U.S. stocks were mixed on Tuesday ahead of key corporate earnings releases and the Federal Reserve's highly anticipated interest rate decision

US stocks mixed ahead key tech earnings, Fed
Business|Economy|Sports|World

FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA

FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20% in it to

FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA
Business|Economy|Environment|Science|Technology

US agency proposes accelerated approval for commercial space missions

The U.S. aviation regulator on Tuesday proposed new rules to speed up approval of commercial space missions like SpaceX's rocket and satellite

US agency proposes accelerated approval for commercial space missions
Arts|Business|Crime|Economy|Education|Entertainment|Environment|Finance|Lifestyle|Science|Technology|Travel|World

eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask

eBay agreed to pay nearly $50 million to Massachusetts journalists David and Ina Steiner under a newly finalized settlement resolving a lawsuit over a 2019 cyberstalking campaign carried out by former company employees

eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask
Business|Economy|Environment|Science

Hundreds gather in-person and online in opposition to proposed Tooele data center

Hundreds gather in-person and online in opposition to proposed Tooele data center

Hundreds gather in-person and online in opposition to proposed Tooele data center
Business|Economy|Stock Markets|Technology

Apple briefly tops $5 trillion market value for first time

Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. 

Apple briefly tops $5 trillion market value for first time
Business|Economy|Environment|World

Mexico to pay Vulcan Materials less than 1% of arbitration claim  

Mexico's government said it will compensate Vulcan Materials less than 1% of the $1.7 billion compensation the U.S. quarrying firm sought in international arbitration

Mexico to pay Vulcan Materials less than 1% of arbitration claim  
Economy|Election|Finance|Health|Political|World

Democratic socialism is poorly understood as Michigan contest looms, Reuters/Ipsos poll finds

American leftists aligned with the democratic socialist movement have been defeating moderate Democrats in primary elections this year but large swaths

Democratic socialism is poorly understood as Michigan contest looms, Reuters/Ipsos poll finds
Business|Economy|Europe|World

Three Russian Black Sea terminals restrict grain intake by truck amid shipping risks, sources say

Three major Russian Black Sea grain export terminals have restricted grain deliveries by truck amid rising shipping risks in the Black Sea and increased flows following

Three Russian Black Sea terminals restrict grain intake by truck amid shipping risks, sources say
Business|Economy|Finance|Stock Markets|Technology

Pentair falls as pool equipment destocking hits sales; to buy Taco Group for $1.4 billion

Water technology firm Pentair posted a fall in second-quarter sales on Tuesday, hurt by weak housing demand leading to pool channel destocking in the U.S., sending its shares down

Pentair falls as pool equipment destocking hits sales; to buy Taco Group for $1.4 billion
Business|Economy|Finance|Stock Markets|Technology

S&P 500 ends higher as investors await tech earnings

The S&P 500 ended higher on Tuesday as gains in Boeing and Coca-Cola helped offset tumbling chip stocks ahead of quarterly reports from Apple and other tech

S&P 500 ends higher as investors await tech earnings
Business|Economy|Science|Technology|World

BIS says AI boom risks clouding central banks' inflation signals

The artificial intelligence boom could make it significantly harder for central banks to judge the state of the economy and set interest rates, as the

BIS says AI boom risks clouding central banks' inflation signals
Business|Economy|Finance|Stock Markets|World

Oil prices fall 5% to two-week low after several days without US-Iran strikes

Oil prices dropped about 5% on Tuesday to a two-week low, on cautious hopes that the pause in fighting between the United States and Iran will lead to talks to

Oil prices fall 5% to two-week low after several days without US-Iran strikes
Business|Economy|Fashion and Beauty|Finance|Stock Markets|Technology|US

Shein discloses FTC probe in US, warns of significant payments

Shein, the online fast-fashion retailer, said its U.S. operations are under investigation by the U.S.

Shein discloses FTC probe in US, warns of significant payments
Arts|Business|Economy|Entertainment|Europe|Finance|Stock Markets|Technology

Ray-Ban maker EssilorLuxottica beats estimates as tariff refunds boost profit

Franco-Italian eyewear group EssilorLuxottica reported a 15% rise in first-half adjusted operating profit on Tuesday, comfortably

Ray-Ban maker EssilorLuxottica beats estimates as tariff refunds boost profit
Business|Economy|Finance|Sports|World

FIFA plan for Kushner-backed $20 billion operation to run World Cup meets fury from Europe's UEFA

FIFA President Gianni Infantino plans to create a $20 billion company running the World Cup with private investors including the Kushner family

FIFA plan for Kushner-backed $20 billion operation to run World Cup meets fury from Europe's UEFA
Business|Economy|Finance|Stock Markets|World

Hedge funds on track for another stellar year on AI boom

Global hedge funds are on track for another blockbuster year, as they look to surpass their returns from 2025 after an artificial intelligence boom buoyed

Hedge funds on track for another stellar year on AI boom
Africa|Business|Economy|Environment|Science|Technology|World

US backs Madagascar rare earths project in push to loosen China's supply chain grip

The U.S. is

US backs Madagascar rare earths project in push to loosen China's supply chain grip
Arts|Business|Economy|Entertainment|Finance|Political|Stock Markets

Trump's diversity crackdown reverberates through US boardrooms

As U.S.

Trump's diversity crackdown reverberates through US boardrooms
Business|Economy|Finance|Stock Markets|US|World

US goods trade deficit shrinks, is still expected to weigh on Q2 GDP growth

The U.S. trade deficit in goods narrowed in June amid a broad decline in imports, but the improvement was probably insufficient to prevent trade from

US goods trade deficit shrinks, is still expected to weigh on Q2 GDP growth
Business|Economy|Finance|Travel|World

Hilton raises annual room revenue growth forecast on World Cup, travel demand

Hilton Worldwide Holdings raised its forecast for full-year room revenue growth on Tuesday betting on growing travel demand, especially among affluent

Hilton raises annual room revenue growth forecast on World Cup, travel demand
Business|Economy|Health|Science|World

GSK raises margin outlook, plots $2.5 billion restructuring to fast-track new drugs

GSK launched a £1.9 billion ($2.52 billion) cost-savings effort on Tuesday to help fund the British drugmaker's expanded late-stage

GSK raises margin outlook, plots $2.5 billion restructuring to fast-track new drugs
Business|Economy|Finance|Stock Markets|Travel

Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East

Royal Caribbean raised its annual profit forecast on Tuesday after beating quarterly estimates, sending its shares up 5%, even as it factored in a modest hit

Royal Caribbean raises annual profit forecast, flags modest booking hit from Middle East
Asia|Business|Economy|Environment|World

Destroyed Aeon mall had just reopened for 'fresh start' a decade on from deadly quake

The Aeon mall destroyed in a post-quake explosion in southern Japan on Tuesday had just reopened last month as a new

Destroyed Aeon mall had just reopened for 'fresh start' a decade on from deadly quake
Business|Economy|Finance|Stock Markets|US|World

US consumer confidence eases in July

U.S. consumer confidence ebbed in July and households' perceptions of the labor market remained generally weak, a survey showed on Tuesday.

US consumer confidence eases in July
Business|Economy|Finance|Stock Markets|US|World

Dollar eases as markets await Fed decision

The U.S. dollar slipped but remained near a one-month high on Tuesday, as traders weighed the prospect of a Federal Reserve interest-rate hike this

Dollar eases as markets await Fed decision
Economy|Environment|Europe|Science|World

France has seen its first 'fire-cloud'. What is it?

France is grappling with an unprecedented fire season that has led to the evacuation of hundreds of thousands of people and dealt a blow to the economy during

France has seen its first 'fire-cloud'. What is it?
Business|Economy|World

UK public inflation expectations ease further in July, survey shows

The British public's expectations for future inflation continued to fall in July, according to a survey from U.S. bank Citi and pollsters YouGov that could help to reduce

UK public inflation expectations ease further in July, survey shows
Arts|Business|Economy|Entertainment|Fashion and Beauty|Lifestyle

Gucci sales decline slows in boost for Kering's turnaround efforts

Sales at Kering's flagship brand Gucci fell less than expected in the second quarter, as strong U.S. demand for its new handbags partly offset weaker

Gucci sales decline slows in boost for Kering's turnaround efforts
Business|Economy|Science|Technology

China's chip tool push shows ASML caught in US-China squeeze

China's launch of a homegrown type of advanced lithography chip printing machine is spotlighting how European chip tool maker ASML, whose recent share

China's chip tool push shows ASML caught in US-China squeeze
Business|Economy|Finance|Stock Markets|US

UPS hikes full-year forecasts after Amazon delivery reductions, shares drop on investor skepticism

United Parcel Service lifted annual revenue and profit forecasts above Wall Street estimates on Tuesday as it returned to growth on strong

UPS hikes full-year forecasts after Amazon delivery reductions, shares drop on investor skepticism
Business|Economy|Education|Environment|Health|Lifestyle

Stranger fixes AC for disabled man after he goes a year without it: "I'm thankful"

Stranger fixes AC for disabled man after he goes a year without it: "I'm thankful"

Stranger fixes AC for disabled man after he goes a year without it: "I'm thankful"
Business|Crime|Economy|Education|Lifestyle

Woman says tenant changed locks, used fake sale agreement and kept her out for a year

Woman says tenant changed locks, used fake sale agreement and kept her out for a year

Woman says tenant changed locks, used fake sale agreement and kept her out for a year
Business|Economy|Political|Technology|World

The new Air Force One just got a big update - and price tag

The new Air Force One just got a big update - and price tag

The new Air Force One just got a big update - and price tag
Business|Economy|Election|Finance|Political|US

DNC Chair Ken Martin’s supporters dismiss concerns about the party’s debt and his leadership

DNC Chair Ken Martin’s supporters dismiss concerns about the party’s debt and his leadership

DNC Chair Ken Martin’s supporters dismiss concerns about the party’s debt and his leadership
Business|Economy|Education|Finance

High School's Student-Run Credit Union Inspires Next-Gen Financial Literacy

High School's Student-Run Credit Union Inspires Next-Gen Financial Literacy

High School's Student-Run Credit Union Inspires Next-Gen Financial Literacy
Business|Economy|Political|World

Americans' confidence in US economy falls as Iran conflict sends gas prices higher

Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting

Americans' confidence in US economy falls as Iran conflict sends gas prices higher
Business|Economy|Finance|World

Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation

The Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him

Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation
Business|Economy|Finance|Health|Stock Markets|US

Centene flags weakening Medicaid membership, shares fall

Centene said on Tuesday it expects a larger dip in membership in its plans for lower-income individuals, leaving the health insurer with a sicker

Centene flags weakening Medicaid membership, shares fall
Business|Economy|Technology

Corning falls over 20% after forecasting weaker-than-expected sales

Corning on Tuesday forecast third-quarter sales slightly short of Wall Street expectations after reporting slower growth in its key fiber optics unit.

Corning falls over 20% after forecasting weaker-than-expected sales
Business|Crime|Economy|Finance|Political|World

Thousands of children, sponsors arrested by ICE after tips from US child migrant agency

Aurora's 6-year-old daughter arrived at the U.S. border alone and spent more than half a year in a child migrant shelter while her mother, who was already in the

Thousands of children, sponsors arrested by ICE after tips from US child migrant agency
Business|Economy|Finance|Food|Health|Stock Markets|US|World

Yum CEO faces first big test as Taco Bell outbreak clouds earnings

Yum Brands earnings on Thursday will offer the clearest view yet of whether a growing cyclospora outbreak linked to Taco Bell has hit sales at the

Yum CEO faces first big test as Taco Bell outbreak clouds earnings
Business|Economy|Science|Technology

Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports

Amazon.com is revamping its AI strategy, winding down many in-house AI models and sharpening focus on a new frontier-model effort, Business Insider reported on Tuesday citing

Amazon winds down most flagship AI models in strategy overhaul, Business Insider reports
Business|Economy|Environment|Finance|US

DTE Energy tops quarterly profit estimates as energy trading unit shines

U.S.

DTE Energy tops quarterly profit estimates as energy trading unit shines
Business|Economy|Finance|Technology

Boeing share price rises despite larger-than-expected Q2 loss from higher Air Force One costs

Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled Air Force One

Boeing share price rises despite larger-than-expected Q2 loss from higher Air Force One costs
Business|Economy|Finance|US|World

US single-family home prices increase in May, FHFA says

U.S. single-family house prices increased in May and could combine with higher mortgage rates to make home ownership even less affordable for most young people.

US single-family home prices increase in May, FHFA says
Business|Economy|Finance|Technology|US

Apple launches US device leasing program with Klarna

Apple on Tuesday launched a device leasing program in the U.S. through payments firm Klarna, offering customers monthly plans for iPhones, Macs, iPads and Apple Watches.

Apple launches US device leasing program with Klarna
Business|Economy|Finance|Stock Markets|World

S&P Global profit jumps, strikes datacenterHawk, Agusto deals

S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, market intelligence and analytics products amid heightened geopolitical

S&P Global profit jumps, strikes datacenterHawk, Agusto deals
Economy|Europe|Political|World

Italy's League says parliament will have final say on EU defence funds

Italy's League party, a member of the ruling coalition, said on Tuesday that any decision on whether to tap a European Union scheme to

Italy's League says parliament will have final say on EU defence funds
Business|Economy|Finance|Stock Markets|World

Persistently high inflation to nag global economy, say economists: Reuters poll 

The prospect of persistently high inflation in the global economy is rising, according to a Reuters poll of nearly 500 economists who

Persistently high inflation to nag global economy, say economists: Reuters poll 
Business|Economy|Food|Sports

Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts

While fans complained about World Cup hydration breaks slowing the pace of the games, top sponsor Coca-Cola was pleased with the boost they

Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts
Business|Economy|Finance|Stock Markets|Technology|World

Nasdaq opens lower as AI worries mount ahead of pivotal earnings

The Nasdaq opened lower on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,

Nasdaq opens lower as AI worries mount ahead of pivotal earnings
Business|Economy|Finance|Technology

Meta, BlackRock partner on $14 billion El Paso data center venture

Meta Platforms and the world's largest asset manager BlackRock on Tuesday announced a venture to develop and operate a data center campus in El Paso, Texas, a

Meta, BlackRock partner on $14 billion El Paso data center venture
Business|Economy|Environment|Finance|World

Oil prices fall 2% on hopes for US-Iran conflict easing

Oil prices slid about 2% to a one-week low on Tuesday on cautious hopes for a resolution to the Iran war as traders continued to assess developments in the Middle

Oil prices fall 2% on hopes for US-Iran conflict easing
Business|Economy|Finance|Stock Markets|World

Market warning signals flare again as tech, inflation fears intensify

Several crucial market warning signals are close to crisis levels as investors grapple with high oil prices and Middle East

Market warning signals flare again as tech, inflation fears intensify
Business|Economy|Europe|Finance|World

Under pressure over China backers, Mercedes CEO pledges to defend US business

Mercedes-Benz's CEO pledged on Tuesday to shield its U.S. business from a possible sales ban, as concerns in Washington over the German carmaker's Chinese

Under pressure over China backers, Mercedes CEO pledges to defend US business
Business|Economy|World

Brazil inflation nears target band, supporting more monetary easing

Brazil's 12-month inflation rate undershot forecasts and moved closer to the central bank's target range in its mid-July reading, official data showed

Brazil inflation nears target band, supporting more monetary easing
Economy|Environment|Science|Travel|World

Record seaweed blankets Mexico's Caribbean coast, threatening tourism and the environment

A record wave of brown, smelly seaweed is washing up on beaches along Mexico's Caribbean coast, forcing closures in top

Record seaweed blankets Mexico's Caribbean coast, threatening tourism and the environment
Business|Economy|Technology

Textron tops results estimates, aviation productivity concerns weigh

Textron beat second-quarter profit and revenue estimates on Tuesday, owing to higher aircraft pricing, but productivity issues at its aviation unit weighed on

Textron tops results estimates, aviation productivity concerns weigh
Business|Economy|Finance|Stock Markets|World

JetBlue recaptures nearly half of fuel cost surge, beats Street estimates

JetBlue Airways on Tuesday reinstated its annual outlook, beat Street estimates and introduced a profit target for 2028 despite ongoing

JetBlue recaptures nearly half of fuel cost surge, beats Street estimates
Business|Economy|Finance|Stock Markets|Technology

Visa to lay off 7% of staff as efficiency push deepens

Visa plans to cut 7% of its workforce, or about 2,600 jobs, a company spokesperson said on Tuesday, as the payments processor seeks to become more efficient, about

Visa to lay off 7% of staff as efficiency push deepens
Business|Economy|Education|Finance|Science

Do bonds appreciate over time?

Bond prices can change in the short term, but they’re not the best way to generate long-term growth

Do bonds appreciate over time?
Business|Economy|Technology

Workplaces look for cheaper AI as ‘tokenmaxxing’ fades as a corporate fad

A corporate fad of “tokenmaxxing” on artificial intelligence technology is hitting its limits as workplaces throwing AI at everything are seeing the costs rise without a similar spike in productivity

Workplaces look for cheaper AI as ‘tokenmaxxing’ fades as a corporate fad
Business|Economy|Education|Environment

Affordable housing often costs more to build than market-rate housing – Colorado is closing the gap

Lower land costs and new statewide housing reforms have made Colorado an outlier.

Affordable housing often costs more to build than market-rate housing – Colorado is closing the gap
Business|Economy|Education|Environment|Health|Political

Trump administration changes to ‘public charge’ rule could keep millions of immigrants – and their US citizen kids – from getting healthcare they need

A new policy could deny an immigration application based in part on the use of government benefits by a close relative.

Trump administration changes to ‘public charge’ rule could keep millions of immigrants – and their US citizen kids – from getting healthcare they need
Business|Economy|Finance|Stock Markets|Technology

Apple will now let you lease your next iPhone or Mac instead of buying it

Apple will now let you lease your next iPhone or Mac instead of buying it

Apple will now let you lease your next iPhone or Mac instead of buying it
Business|Economy|Health|US|World

Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight

Johnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer

Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight
Business|Economy|Finance|Stock Markets|World

Bar to Fed rate hike this week remains high even as markets see a chance

By Ann Saphir and Michael S.

Bar to Fed rate hike this week remains high even as markets see a chance
Asia|Business|Economy|World

China hits back at criticism over excess industrial capacity as more US tariffs loom

China has rejected criticism that its huge trade surplus reflects excessive manufacturing capacity

China hits back at criticism over excess industrial capacity as more US tariffs loom
Business|Economy|Finance|Stock Markets|US

US bond market avoids big rate bets as inflation dims Fed outlook

Bond investors said they are heading into this week's Federal Reserve policy meeting cautiously positioned as inflation uncertainty clouds the

US bond market avoids big rate bets as inflation dims Fed outlook
Business|Economy|Finance|Sports|Stock Markets|US

Sports betting industry spending on US midterm elections surpasses $72 million

DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the

Sports betting industry spending on US midterm elections surpasses $72 million
Business|Economy|Political|World

Kremlin says the government is monitoring situation with Wildberries retailer after Ukrainian attacks

The Kremlin said on Tuesday that the Russian government was monitoring the situation with e-commerce giant Wildberries after Ukrainian drone attacks on its warehouses

Kremlin says the government is monitoring situation with Wildberries retailer after Ukrainian attacks
Business|Economy|Science|Technology|World

China starts production of home-grown immersion DUV chipmaking tools, source says

China has begun mass producing domestically developed immersion deep-ultraviolet (DUV) lithography machines, a technology crucial to advanced chipmaking,

China starts production of home-grown immersion DUV chipmaking tools, source says
Business|Economy|Europe|World

German economy likely showed some resilience to war in Q2, Bundesbank says

The German economy likely grew modestly in the second quarter, despite headwinds from the war in the Middle East, as its vast industrial sector remained relatively

German economy likely showed some resilience to war in Q2, Bundesbank says
Business|Economy|Finance|Food|Stock Markets|US

Family-owned companies have big appetites for US snack M&A

Family-owned food companies are stocking up on U.S. snack companies, which are warming to the idea of private backers - many of them overseas -

Family-owned companies have big appetites for US snack M&A
Business|Economy|Technology

PayPal presses on with turnaround in pivotal quarter as sale questions linger

PayPal doubled down on its turnaround plan on Tuesday, raising its 2026 profit forecast and outlining cost-saving steps, as it looks to convince investors that it is

PayPal presses on with turnaround in pivotal quarter as sale questions linger
Business|Economy|Europe|Finance|Political|World

UK's Labour Party catches Reform in polls after Burnham becomes PM

Britain's governing Labour Party has caught up with, or overtaken, Nigel Farage's populist Reform UK in the polls, according to three different surveys

UK's Labour Party catches Reform in polls after Burnham becomes PM
Business|Economy|Finance|Technology

Chip rout snowballs

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chip stock correction snowballed again overnight amid growing

Chip rout snowballs
Business|Economy|Environment|Science|Technology

Fitch warns AI market correction emerging as major global credit risk

The AI boom and the risk of a correction are emerging as major global credit risks, ratings agency Fitch has warned, adding to growing concerns that soaring

Fitch warns AI market correction emerging as major global credit risk
Economy|Environment|Political|World

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management of the Strait of Hormuz with shipping

Oman proposes Hormuz management system with voluntary fees, source says
Business|Economy|Finance|World

India's June industrial output grows fastest in nearly two years on manufacturing boost

India's industrial output grew 7.3% in June, its fastest pace since July 2024, data showed on Tuesday, driven by strong manufacturing activity on

India's June industrial output grows fastest in nearly two years on manufacturing boost
Business|Economy|Europe|World

Cost cuts help Mercedes stabilise profit but China woes loom

Mercedes-Benz posted a higher profit in the second quarter helped by tough cost cuts, pushing its shares up on Tuesday, but intense Chinese competition

Cost cuts help Mercedes stabilise profit but China woes loom
Business|Economy|Environment|Finance|Science|Stock Markets|Technology

AMD signs AI data center deal with Core Scientific

AMD on Tuesday signed a deal with Core Scientific to secure up to 2.5 gigawatts of data center capacity as the chip firm expands infrastructure to meet growing demand for AI

AMD signs AI data center deal with Core Scientific
Business|Economy|Finance|Sports|Stock Markets|Technology

BetMGM cuts outlook as prediction market competition grows

U.S. online gambling operator BetMGM on Tuesday downgraded its annual outlook for the second time this year and pushed back its target of reaching $500 million in profit, as

BetMGM cuts outlook as prediction market competition grows
Business|Economy|Finance|Food

Skippy peanut butter maker Hormel Foods names insider John Ghingo as CEO

Hormel Foods on Tuesday named insider and industry veteran John Ghingo as CEO, as the Skippy peanut-butter maker looks to drive growth and modernize operations amid a challenging

Skippy peanut butter maker Hormel Foods names insider John Ghingo as CEO
Asia|Business|Economy|Environment|Science|Technology|World

Several feared trapped in collapsed shopping mall after Japan quake

Several feared trapped in collapsed shopping mall after Japan quake

Several feared trapped in collapsed shopping mall after Japan quake
Business|Economy|Entertainment|Finance|Lifestyle

You can turn part of your retirement savings into a paycheck for life. But it takes careful planning

You can turn part of your retirement savings into a paycheck for life. But it takes careful planning

You can turn part of your retirement savings into a paycheck for life. But it takes careful planning
Economy|Environment|Technology|US

Democrat's TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seat

Democrat Paige Cognetti is taking a shot at artificial intelligence data centers in her challenge to Republican congressman Rob Bresnahan, saying “we are not for sale” in a TV ad in a swing Pennsylvania district

Democrat's TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seat
Business|Economy|Finance|Stock Markets

Kevin Warsh can’t reopen the Strait of Hormuz

Kevin Warsh can’t reopen the Strait of Hormuz

Kevin Warsh can’t reopen the Strait of Hormuz
Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

LVMH fails to reassure on luxury recovery, shares fall

Shares in LVMH slipped 1.5% on Tuesday after the French luxury giant's second-quarter results failed to reassure investors that a broader recovery in luxury demand was firmly

LVMH fails to reassure on luxury recovery, shares fall
Economy|Europe|World

Spain's unemployment rate falls to 9.87% in Q2, lowest in 18 years

Spain's unemployment rate fell back below 10% in the second quarter of 2026, reaching its lowest level since 2008 even as the labour force rose

Spain's unemployment rate falls to 9.87% in Q2, lowest in 18 years
Economy|Environment|Political|World

Protesters storm key energy complex in Libya during demonstrations over power outages

Protesters have stormed a key energy complex in western Libya during an ongoing anti-government demonstrations over power outages

Protesters storm key energy complex in Libya during demonstrations over power outages
Asia|Business|Economy|Finance|Technology|World

High-tech manufacturing hubs pull ahead in China's uneven growth

China's regional growth data underscored the uneven nature of the country's economic transition in the first half of 2026, as provinces at the

High-tech manufacturing hubs pull ahead in China's uneven growth
Economy|Environment|Political|World

Israel's yellow line, a shifting edge of war pushing Gazans from home

On a road in Gaza City's Zeitoun district, Palestinian resident Assem Dawla loaded mattresses and bags onto a truck as concrete

Israel's yellow line, a shifting edge of war pushing Gazans from home
Business|Economy|Europe|Finance|Stock Markets|Technology

European shares rise as Unilever lifts consumer stocks

European shares rose for a third straight session on Tuesday, as strong results from Unilever helped lift consumer-focused stocks

European shares rise as Unilever lifts consumer stocks
Business|Economy|Europe|Technology

Google rivals line up seeking damages after record $1 billion EU fine

A decades-long crackdown on Google's business practices in Europe is entering a costly new phase, as the loss of the first case

Google rivals line up seeking damages after record $1 billion EU fine
Business|Economy|Science|Technology

AI is making your life more expensive. Here’s how

AI is making your life more expensive. Here’s how

AI is making your life more expensive. Here’s how
Business|Economy|World

BHP, Port Hedland union wage talks end without deal, more talks planned

Wage negotiations between BHP and unions representing Port Hedland workers at the miner's iron ore operations wound up on Tuesday without agreement, with more talks

BHP, Port Hedland union wage talks end without deal, more talks planned
Business|Economy|Health|Technology

Philips falls 9% as weak orders, China concerns overshadow outlook hike

Philips shares fell 9% on Tuesday after the healthcare technology group reported weaker-than-expected orders and warned of a more challenging

Philips falls 9% as weak orders, China concerns overshadow outlook hike
Business|Economy|Europe|Technology

Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making

Stellantis has agreed to sell its Free2move car-sharing unit to German investment company Mutares, the automaker said on Tuesday, as CEO Antonio Filosa continues efforts to

Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making
Business|Economy|MidEast|Political|World

Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war

The number of vessels passing through Bab el-Mandeb rose to 28 on Monday, a four-day high, while traffic through the Strait of Hormuz remained low,

Bab el-Mandeb shipping rises amid hopes of resolution in US-Iran war
Asia|Business|Economy|Finance|Stock Markets|World

Citi expands Asia FX options desk with three senior trader hires in Singapore

Citigroup has appointed three senior traders to its foreign exchange options desk in Singapore as it seeks to boost its regional market-making and risk management

Citi expands Asia FX options desk with three senior trader hires in Singapore
Business|Economy|Science|Stock Markets|Technology

Chips jolted as momentum shifts in AI

A look at the day ahead in European and global markets from Tom Westbrook Chip stocks tanked across Asia on Tuesday, spooked by the twin threats of rising Chinese competition and mounting questions

Chips jolted as momentum shifts in AI
Australia|Business|Economy|World

Australia's sudden housing chill seeps into economy

Australia's housing market is suffering its worst slowdown since the pandemic as rising borrowing costs and a sharp reversal in tax breaks

Australia's sudden housing chill seeps into economy
Economy|Political|World

Iran's foreign minister discusses security of Strait of Hormuz with Saudi, Omani counterparts

Iran's foreign minister discussed issues related to the security of the Strait of Hormuz in separate phone calls with his Saudi and Omani counterparts on Monday evening,

Iran's foreign minister discusses security of Strait of Hormuz with Saudi, Omani counterparts
Business|Economy|Travel|World

Dubai launches $800 incentive scheme to lure back tourists after Iran strikes

Dubai launches $800 incentive scheme to lure back tourists after Iran strikes

Dubai launches $800 incentive scheme to lure back tourists after Iran strikes
Australia|Business|Economy|Finance|Stock Markets|World

RBA's chief unsure if more rate hikes needed to tame inflation

Australia's central bank chief on Tuesday warned that underlying inflation remained too high and a further slowdown in domestic demand may be required to tame prices,

RBA's chief unsure if more rate hikes needed to tame inflation
Asia|Business|Economy|Finance|Stock Markets|Technology

Asian chip stocks slide as China competition fears rattle AI trade

Asian semiconductor stocks tumbled on Tuesday, with South Korea leading the regional selloff, as investors questioned

Asian chip stocks slide as China competition fears rattle AI trade
Business|Economy|Finance|World

India economic growth to slow sharply as weak investment, oil shock weigh: Reuters poll

India's economic growth is expected to slow sharply this fiscal year from last year's robust expansion and recover only modestly the

India economic growth to slow sharply as weak investment, oil shock weigh: Reuters poll
Business|Economy|World

USTR's Greer says Trump's latest tariffs won't have an economic impact

U.S.

USTR's Greer says Trump's latest tariffs won't have an economic impact
Business|Economy|Finance|Stock Markets|World

South Korea may cap leveraged ETF investments for retail investors, media reports say

South Korea's top financial regulator said on Tuesday that authorities would consider a cap on single-stock leveraged exchange-traded funds (ETF) investments for retail

South Korea may cap leveraged ETF investments for retail investors, media reports say
Business|Economy|Health|World

J&J reaches sweeping talc deal that could end decade of litigation

Johnson & Johnson said on Monday it would pay an estimated $5.5 billion to resolve

J&J reaches sweeping talc deal that could end decade of litigation
Economy|Finance|Political|Stock Markets|US|World

Newly released Biden audio recordings include references to ‘classified’ material and struggles with memory

Newly released Biden audio recordings include references to ‘classified’ material and struggles with memory

Newly released Biden audio recordings include references to ‘classified’ material and struggles with memory
Business|Economy|Europe|World

Irish consumer sentiment slips in July on cost-of-living concerns

Irish consumer sentiment fell slightly in July on concerns about the cost of living, a survey showed on Tuesday.

Irish consumer sentiment slips in July on cost-of-living concerns
Business|Economy|Europe|World

UK shop prices rise by least since December, BRC says

Average prices at British retailers rose by an annual 0.9% this month, the smallest increase since December 2025, as the men's soccer world cup triggered supermarket

UK shop prices rise by least since December, BRC says
Business|Economy|Environment|Political|World

State official outlines proposed federal cuts to Colorado River water for Arizona, California and Nevada

A U.S. plan for sharing the waters of the drought-stricken Colorado River would require Arizona, California and Nevada to cut their water use by a fifth in the next

State official outlines proposed federal cuts to Colorado River water for Arizona, California and Nevada
Business|Economy|Political|World

Brazil requests WTO consultations over US tariffs

Brazil has requested consultations with the U.S. under the World Trade Organization's dispute settlement system over tariffs announced by the Trump administration this

Brazil requests WTO consultations over US tariffs
Business|Economy|Political|World

US looks to boost anti-China spending worldwide by hundreds of millions, documents say

The Trump administration is preparing to ramp up funding by hundreds of millions of dollars for programs designed to counter China’s growing influence worldwide

US looks to boost anti-China spending worldwide by hundreds of millions, documents say
Economy|Finance|Political|Stock Markets|US|World

Zelenskiy to meet US senators, Russia sanctions vote expected

All 100 members of the U.S.

Zelenskiy to meet US senators, Russia sanctions vote expected
Business|Economy|Environment|Political|World

Watchdog finds staffing, guidance gaps in transfer of USAID programs

The U.S. State Department's hurried takeover of aid programs from the shuttered U.S.

Watchdog finds staffing, guidance gaps in transfer of USAID programs
Business|Economy|Finance|Stock Markets|Technology|World

Oil plunges, stocks 'n' bonds shrug

Oil prices tumbled on Monday as the U.S. and Iran swapped attacks on each other for dialogue, while Wall Street and Treasuries traded in much

Oil plunges, stocks 'n' bonds shrug
Economy|Political|World

Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM says

Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and has been emboldened

Houthis pushing to model Iran's Hormuz control in Red Sea, Yemeni FM says
Business|Economy|Finance|Sports|World

Trump admin's proposed prediction market rule faces public pushback

Lawmakers, Native American tribes, consumer advocates and others are voicing strong opposition to the Trump administration's plans to regulate sports and other wagering

Trump admin's proposed prediction market rule faces public pushback
Business|Economy|Finance|Stock Markets|US

Nucor beats quarterly results on strong pricing, demand

Nucor beat Wall Street estimates for second-quarter profit and revenue on Monday, helped by higher pricing and strong volumes in its steel mills segment.

Nucor beats quarterly results on strong pricing, demand
Business|Economy|Health|Technology

Boston Scientific unveils new restructuring plan, expects job cuts

Boston Scientific's board has approved a new company-wide restructuring plan aimed at cutting costs and to better position the company for future growth, the medical device maker

Boston Scientific unveils new restructuring plan, expects job cuts
Economy|Europe|Political|US|World

Pentagon says it will not finish spending Ukraine funds until year Trump leaves office, source says

U.S.

Pentagon says it will not finish spending Ukraine funds until year Trump leaves office, source says
Business|Economy|Election|Finance|Political|Stock Markets|US|Videos

Fact check: Trump is approaching 10 years of telling his Michigan ‘Man of the Year’ lie

Fact check: Trump is approaching 10 years of telling his Michigan ‘Man of the Year’ lie

Fact check: Trump is approaching 10 years of telling his Michigan ‘Man of the Year’ lie
Americas|Business|Economy|Finance|Political|World

IMF chief says Argentina is better positioned to meet debt obligations under Milei

International Monetary Fund Managing Director Kristalina Georgieva praised President Javier Milei’s austerity policies during a visit to Buenos Aires

IMF chief says Argentina is better positioned to meet debt obligations under Milei
Business|Economy|Education|Finance|Health|Lifestyle|Science|US|World

Federal survey shows promising trends for youth mental health and drug use

A key U.S. government report on mental health, substance use and addiction shows continued improvements in several metrics, especially among young people

Federal survey shows promising trends for youth mental health and drug use
Business|Economy|Environment|Technology|Travel|World

FAA delaying flights at New York, Philadelphia airports

The Federal Aviation Administration said on Monday it was slowing flights into three New York City area airports and Philadelphia International

FAA delaying flights at New York, Philadelphia airports
Business|Economy|Finance|Stock Markets|Technology

Cadence raises annual forecasts as demand booms for AI chip design

Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software.

Cadence raises annual forecasts as demand booms for AI chip design
Business|Economy|Education|Environment

Trump uses GM stage to launch midterms attack on Democrats

U.S.

Trump uses GM stage to launch midterms attack on Democrats
Economy|Political|World

Just one in three Americans back Iran war, most unsure of Trump's goals, Reuters/Ipsos poll finds

Just one in three Americans support the war on Iran, the lowest reading in a Reuters/Ipsos poll since the five-month-old conflict's early

Just one in three Americans back Iran war, most unsure of Trump's goals, Reuters/Ipsos poll finds
Business|Economy|Environment|Political|World

Oil prices settle at lowest in over a week, as US pauses attacks on Iran

Oil prices fell on Monday, settling at their

Oil prices settle at lowest in over a week, as US pauses attacks on Iran
Business|Economy|Political|World

Trump says US and Tehran having 'good talks' as drones hit Iran's neighbours

President Donald Trump said on Monday the United States was having "good talks" with Iran and there was a

Trump says US and Tehran having 'good talks' as drones hit Iran's neighbours
Business|Economy|Finance|Stock Markets|World

Cincinnati Financial's quarterly profit falls on higher catastrophe losses

Property and casualty insurer Cincinnati Financial on Monday reported a fall in second-quarter profit on higher catastrophe losses, sending its shares down 5.1% in extended trading

Cincinnati Financial's quarterly profit falls on higher catastrophe losses
Asia|Business|Economy|Finance|Political|Stock Markets|World

Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool

Stocks drifted to a mixed close on Wall Street and oil prices fell after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end their war

Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool
Business|Economy|Finance|Political|Stock Markets|US|World

Trump defends his sweeping tariffs and watches 'America First' drag races during Michigan stop

President Donald Trump says his economic policies have revived the auto industry and American manufacturing

Trump defends his sweeping tariffs and watches 'America First' drag races during Michigan stop
Business|Economy|Environment|Finance|Political|Stock Markets|US

The Latest: Trump praises his sweeping tariffs while in Michigan for a speech on the economy

A federal appeals court has upheld a ruling that halted President Donald Trump’s executive order to create a federal list of eligible voters and limit delivery of mail ballots only to people on that list

The Latest: Trump praises his sweeping tariffs while in Michigan for a speech on the economy
Economy|Environment|Political|US|World

Trump urges Senate to pass legislation ending clock changes

Trump urges Senate to pass legislation ending clock changes

Trump urges Senate to pass legislation ending clock changes
Business|Economy|Travel|World

US-Canada bridge opens in Detroit even as trade disputes test the neighbors' ties

Traffic is flowing across a new bridge over the Detroit River that will serve as a critical route for trade and tourism between Canada and the U.S. The bridge is named for Gordie Howe, a native of Canada who famously played hockey for the Detroit Red Wings

US-Canada bridge opens in Detroit even as trade disputes test the neighbors' ties
Economy|MidEast|Political|World

Mediators see progress in efforts to halt Iran war as drone attacks rattle region

Mediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East

Mediators see progress in efforts to halt Iran war as drone attacks rattle region
Business|Economy|Technology|World

Stocks mixed, oil and Treasury yields drop on Iran-US pause

Stocks were mixed on Monday while oil prices tumbled and Treasury yields dropped after the United States and Iran paused strikes over the weekend, halting two

Stocks mixed, oil and Treasury yields drop on Iran-US pause
Business|Economy|Finance|Stock Markets|World

Mexico economy likely rebounded in second quarter

Mexico's economy is likely to have recovered in the second quarter, driven mainly by a rebound in industrial activity, according to a Reuters poll on Monday.

Mexico economy likely rebounded in second quarter
Business|Economy|Europe|Finance|Stock Markets

Monte dei Paschi, Banco BPM working on deal with cash component, Bloomberg News reports

Banca Monte dei Paschi di Siena and Banco BPM advisers are exploring a merger that would mix cash and shares as a possible alternative to Intesa Sanpaolo's offer for Monte Paschi,

Monte dei Paschi, Banco BPM working on deal with cash component, Bloomberg News reports
Business|Economy|Finance|Science|Technology

Nvidia to invest $5 billion in Ilya Sutskever's AI startup, source says

By Deepa Seetharaman SAN FRANCISCO, July 27 - Nvidia will make a $5 billion equity investment in Safe Superintelligence as part of a strategic partnership between the chipmaker and the startup co-

Nvidia to invest $5 billion in Ilya Sutskever's AI startup, source says
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Brazil, South Korea agree to advance talks for Mercosur trade deal

Brazil and South Korea agreed to accelerate talks on a potential trade deal between the Asian nation and the South American bloc Mercosur, their presidents said on Monday

Brazil, South Korea agree to advance talks for Mercosur trade deal
Business|Economy|Finance|Political|Stock Markets|World

Wall Street ends mixed as investors focus on tech earnings

Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while

Wall Street ends mixed as investors focus on tech earnings
Business|Economy|Environment|Europe|MidEast|World

Baker Hughes flags lower spending by oil and gas producers in 2026

Baker Hughes said on Monday it expects annual global spending by oil and gas producers to decline modestly this year, with growth in Latin

Baker Hughes flags lower spending by oil and gas producers in 2026
Business|Economy|Science|Technology|World

Pentagon says US industry still years from matching Ukraine's wartime drone output

The Pentagon official tasked with building a domestic drone industry said on Monday the United States is still in

Pentagon says US industry still years from matching Ukraine's wartime drone output
Business|Economy|Finance|Political|Stock Markets

Republicans decry a new Democratic Socialists of America platform as Dem primaries split the party

A new platform from the progressive Democratic Socialists of America is sparking Republican attacks

Republicans decry a new Democratic Socialists of America platform as Dem primaries split the party
Business|Economy|Environment|Technology

Expand Energy to beef up gas marketing business with $1.25 billion Twin Eagle deal

Expand Energy said on Monday it would buy privately held natural gas marketer Twin Eagle Holdings from Five Point Infrastructure for $1.25 billion to expand its

Expand Energy to beef up gas marketing business with $1.25 billion Twin Eagle deal
Business|Economy|Environment|Finance|World

Apollo Global to invest $1.5 billion in Keppel oil rig fund

Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that will hold six operational oil rigs, the two companies said on Monday.

Apollo Global to invest $1.5 billion in Keppel oil rig fund
Business|Economy|Entertainment|Food|US

Cracker Barrel CEO departs a year after Trump joined backlash over logo change

Cracker Barrel on Monday said Julie Masino would step down as its CEO, nearly a year after the company faced criticism from conservatives, including U.S.

Cracker Barrel CEO departs a year after Trump joined backlash over logo change
Business|Economy|Environment|US

US appeals court upholds Colorado congestion fee on rental cars

The 10th U.S.

US appeals court upholds Colorado congestion fee on rental cars
Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

LVMH sales tick up as US luxury demand offsets hit from Iran war

Sales at luxury giant LVMH edged higher in the second quarter as strong demand from affluent U.S. shoppers helped offset weaker spending in Europe, where

LVMH sales tick up as US luxury demand offsets hit from Iran war
Business|Economy|Travel

JetBlue updates fare structure as airlines see benefit of segmented pricing

JetBlue Airways said on Monday it is overhauling its fare options, giving customers more flexibility to choose seats, as well as change and

JetBlue updates fare structure as airlines see benefit of segmented pricing
Business|Economy|Environment|Science|Technology

Why El Niño's promise of a quieter hurricane season may not guarantee good news for insurers

For insurers, the periodic El Niño climate phenomenon has traditionally lowered the risk of costly Atlantic hurricanes, but

Why El Niño's promise of a quieter hurricane season may not guarantee good news for insurers
Economy|Health|Political|Science|World

World risks HIV resurgence as funding falls 18%, UNAIDS says

The world risks a resurgence of the HIV epidemic after global funding fell by nearly a fifth last year, the U.N. body fighting AIDS said on Monday.

World risks HIV resurgence as funding falls 18%, UNAIDS says
Business|Economy|Political|World

Trump says Fed should lower interest rates

U.S. President Donald Trump on Monday called on the Federal Reserve to lower interest rates, saying the U.S. should have the lowest interest rate in the world. 

Trump says Fed should lower interest rates
Economy|Europe|Political|World

Armenia's Pashinyan asks Putin to help resolve Russian restrictions on Armenian exports

Armenian Prime Minister Nikol Pashinyan asked Russian President Vladimir Putin during a phone call on Monday to help resolve a dispute over Russian restrictions on Armenian exports

Armenia's Pashinyan asks Putin to help resolve Russian restrictions on Armenian exports
Business|Economy|Political|World

US Treasury trims 84 people, firms from its sanctions list as review continues

The U.S.

US Treasury trims 84 people, firms from its sanctions list as review continues
Business|Economy|Finance|Food

Cracker Barrel CEO steps down a year after logo debacle

Cracker Barrel’s CEO is stepping down nearly a year after an attempted rebrand of the chain led to fierce customer backlash

Cracker Barrel CEO steps down a year after logo debacle
Business|Economy|Environment|Technology|World

Stocks waver on Wall Street while crude oil prices fall for the first time in a week

Stocks drifted on Wall Street and oil prices fell for the first time in a week, even as heavy fighting in the Middle East again threatened to slow the global flow of oil

Stocks waver on Wall Street while crude oil prices fall for the first time in a week
Business|Crime|Economy|Finance|Technology|US

Scammer tricks woman into depositing $2,000 at courthouse ATM

Scammer tricks woman into depositing $2,000 at courthouse ATM

Scammer tricks woman into depositing $2,000 at courthouse ATM
Business|Economy|Environment|Europe|MidEast|Political|World

The Iran and Ukraine wars are colliding on the world’s biggest lake. Here’s what to know

The Iran and Ukraine wars are colliding on the world’s biggest lake. Here’s what to know

The Iran and Ukraine wars are colliding on the world’s biggest lake. Here’s what to know
Business|Economy|Finance|Stock Markets|World

Wall St opens higher as pause in US-Iran hostilities lifts sentiment

Wall Street's main indexes opened higher on Monday after the United States and Iran paused hostilities, boosting risk appetite ahead of a week of major earnings, economic data and

Wall St opens higher as pause in US-Iran hostilities lifts sentiment
Business|Economy|Technology|World

Italian machine tool sector wants tougher EU trade rules on China

The European Union must bolster trade defence measures against aggressive competition from Chinese machine

Italian machine tool sector wants tougher EU trade rules on China
Business|Economy|Political|World

Peru's president-elect Fujimori names key ministerial appointments

Peru's President-elect Keiko Fujimori on Monday named the Economy Minister, Foreign Minister, and Prime Minister for her administration, which is due to be sworn into

Peru's president-elect Fujimori names key ministerial appointments
Business|Economy|Finance|Technology|World

US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boom

New orders for key U.S.-manufactured capital goods increased strongly in June while shipments surged by the most in 4-1/2 years as businesses ramped

US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boom
Business|Economy|Technology|World

Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn

The engagement of government with AI could potentially slow the adoption and progress of the technology and create more uncertainty for investors, Bridgewater's co-chief investment

Government engagement with AI creates more uncertainty for investors, Bridgewater CIOs warn
Business|Economy|Finance|Science|Stock Markets|Technology|World

China begins making homegrown DUV chipmaking tools, The Information reports

China has begun manufacturing domestically developed immersion deep ultraviolet lithography machines, a key chipmaking tool long dominated by Dutch supplier ASML, The Information

China begins making homegrown DUV chipmaking tools, The Information reports
Economy|Environment|Political|World

Houthis say they targeted Saudi east-west oil transport

Yemen's Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites linking eastern Saudi Arabia to the critical Red Sea oil export

Houthis say they targeted Saudi east-west oil transport
Business|Economy|Technology|Travel

The only way some travelers can afford summer trips: raiding cherished loyalty points stashes

The only way some travelers can afford summer trips: raiding cherished loyalty points stashes

The only way some travelers can afford summer trips: raiding cherished loyalty points stashes
Business|Economy|Europe|World

US firms in Europe broadly see stable transatlantic ties a year on from trade deal

A majority of U.S. companies operating in Europe now expect stable transatlantic trade and investment relations, a marked improvement from their

US firms in Europe broadly see stable transatlantic ties a year on from trade deal
Business|Economy|Europe|Health|World

Goldman Sachs Alternatives buys control of Italian medtech firm Numantec

The private equity arm of Goldman Sachs has agreed to acquire control of Italian medical equipment maker Numantec from White Bridge Investment, the companies said, betting

Goldman Sachs Alternatives buys control of Italian medtech firm Numantec
Business|Economy|Finance|Political|Stock Markets|World

Indonesia faces test of central bank independence after governor's shock exit

Just as a fragile calm was returning to Indonesian markets, the abrupt resignation of the central bank chief has reignited

Indonesia faces test of central bank independence after governor's shock exit
Business|Economy|Finance|World

IMF chief praises Argentina's economic reforms as 2027 debt hurdle looms

International Monetary Fund Managing Director Kristalina Georgieva expressed confidence on Monday in President Javier Milei's economic reforms and the

IMF chief praises Argentina's economic reforms as 2027 debt hurdle looms
Business|Economy|Science|Technology|World

China accuses US of 'AI hegemonism', threatens countermeasures over potential probes

China's commerce ministry on Monday accused the United States of "AI hegemonism" and threatened countermeasures after senior U.S. officials said

China accuses US of 'AI hegemonism', threatens countermeasures over potential probes
Business|Economy|Europe|Finance|Technology|World

Tesla wins bid to revive UK lawsuit for 5G patents licence

Elon Musk's Tesla on Monday won its bid to revive a London lawsuit brought against U.S. technology firm InterDigital and a patent licensing platform, seeking a patent

Tesla wins bid to revive UK lawsuit for 5G patents licence
Business|Economy|Europe|Finance|MidEast|Technology|World

Saab wins $1 billion order for surveillance aircraft in Middle East

Saab has received an order for two GlobalEye surveillance aircraft from a country in the Middle East region worth 10.1 billion Swedish crowns ($1.04 billion), with deliveries

Saab wins $1 billion order for surveillance aircraft in Middle East
Asia|Business|Economy|World

China opposes US 'forced labour' tariffs, calls for them to be cancelled

China's commerce ministry said on Monday that new U.S. tariffs imposed on Chinese goods over alleged forced labour

China opposes US 'forced labour' tariffs, calls for them to be cancelled
Business|Economy|Europe|World

Porsche to axe one in five jobs by 2035 as China, EV woes bite

German luxury carmaker Porsche will cut around one in five jobs by 2035, with 9,000 positions to be axed in total, as parent Volkswagen

Porsche to axe one in five jobs by 2035 as China, EV woes bite
Business|Economy|Environment|Finance|Health

Philip Morris doubles Colorado campus investment to $1.2 billion

Philip Morris International said on Monday it had doubled its planned investment in its Colorado manufacturing campus to about $1.2 billion through 2028, as it expands production

Philip Morris doubles Colorado campus investment to $1.2 billion
Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets|World

LVMH's Arnault dismisses reports of family rift

Bernard Arnault, the billionaire chairman of French luxury group LVMH, has dismissed media reports of a bitter succession battle among his five children,

LVMH's Arnault dismisses reports of family rift
Business|Economy|Environment|Science|Technology|World

Amazon's Leo proposes satellite constellation for direct-to-phone service

Amazon's Leo on Monday proposed a constellation of up to 5,105 satellites to provide direct-to-device voice and data connectivity,

Amazon's Leo proposes satellite constellation for direct-to-phone service
Business|Economy|Health|Science|Technology

Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says

Hedge fund bets that healthcare stocks will rise neared a five-year high last week, a Goldman Sachs note showed, as cash-rich speculators believe AI-

Hedge fund bets on rising US healthcare stocks near 5-year high, Goldman says
Business|Economy|Finance|Political|World

Durigan says Brazil will press US on tariffs, expects solution after election

Brazil's Finance Minister Dario Durigan said on Monday that U.S. tariffs on several goods from his country amount to "external interference" and predicted the dispute

Durigan says Brazil will press US on tariffs, expects solution after election
Asia|Crime|Economy|Political|World

Philippine president slams China in veiled rebuke in his state of the nation speech

Philippine President Ferdinand Marcos Jr. has denounced China in a veiled rebuke in his state of the nation speech

Philippine president slams China in veiled rebuke in his state of the nation speech
Business|Economy|Education|Finance|Health|Political

Clinton Foundation launches an institute to help state governments find nonpartisan solutions

The Clinton Foundation has launched a new initiative to develop nonpartisan policy solutions with state and local governments

Clinton Foundation launches an institute to help state governments find nonpartisan solutions
Business|Economy|Finance|Stock Markets|US|World

Trump economy at 18 months is a tale of shocks, resilience, and signs of stalled progress

The first 18 months of President Donald Trump's second term in the White House have seen a series of policy-driven economic

Trump economy at 18 months is a tale of shocks, resilience, and signs of stalled progress
Business|Economy|Environment|Finance|Political|Science|Technology

Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline

U.S.

Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline
Business|Economy|Finance|Stock Markets|World

China chip champ

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A pause in the Iran conflict and a sizeable retreat in crude oil

China chip champ
Arts|Business|Economy|Finance|Stock Markets|Technology

Shein will struggle to justify up to $50 billion Hong Kong IPO valuation

Investors are expected to scrutinise whether Shein can justify the $40 billion to $50 billion valuation it is seeking in a

Shein will struggle to justify up to $50 billion Hong Kong IPO valuation
Asia|Business|Economy|Fashion and Beauty|World

Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing 

Shein's draft prospectus for a Hong Kong listing, published on Sunday, offers rare details about the role of its reclusive

Elusive founder Sky Xu faces spotlight as Shein seeks Hong Kong listing 
Business|Economy|Europe|World

UK retailers report smallest sales drop since January, CBI says

British retailers reported the smallest downturn in sales in six months in July but remained gloomy overall due to continued cost pressures, the Confederation of British

UK retailers report smallest sales drop since January, CBI says
Business|Economy|Finance|Stock Markets|US|World

Growing number of brokerages see July Fed decision as 'a close call' 

A growing number of major brokerages believe there is a real risk of the Federal Reserve delivering a rate hike at its meeting this week, given this month's surge in oil prices and

Growing number of brokerages see July Fed decision as 'a close call' 
Asia|Business|Economy|Technology

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub

HSBC will hire more than 100 artificial intelligence specialists and 100 wealth managers in Singapore, deepening investment in two areas central to the bank's Asian

HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hub