U.S. World Business Lifestyle
Today: August 19, 2026
Today: August 19, 2026

Economy

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
Business|Economy|Political|World

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
Asia|Crime|Economy|World

Philippines' Marcos puts anti-graft campaign at centre of address to Congress

Philippine President Ferdinand Marcos Jr. said on Monday he was "not the president of my family" and "not the president of my friends" as he vowed to press ahead with an

Philippines' Marcos puts anti-graft campaign at centre of address to Congress
Business|Economy|Environment|Science|World

Africa facing up to $20 billion economic hit from 'super' El Niño, AfDB climate chief warns

An impending "super" El Niño is likely to inflict a combined $10 billion to $20 billion hit on affected African countries and trigger mass

Africa facing up to $20 billion economic hit from 'super' El Niño, AfDB climate chief warns
Business|Economy|Technology

Coca-Cola says fairlife resumes production at 4 US plants after cyberattack

Coca-Cola on Monday said its dairy company, fairlife, resumed most of the production at four U.S. facilities, where operations were halted after unauthorized third-party access on

Coca-Cola says fairlife resumes production at 4 US plants after cyberattack
Arts|Business|Crime|Economy|Election|Finance|Political|Stock Markets|US

Years of scandals haven't stopped Ken Paxton. Can James Talarico change that?

Democrat James Talarico is challenging Republican Ken Paxton in a closely watched U.S. Senate race in Texas

Years of scandals haven't stopped Ken Paxton. Can James Talarico change that?
Business|Economy|Finance|World

The Fed confronts an unusually confusing economic moment

The Fed confronts an unusually confusing economic moment

The Fed confronts an unusually confusing economic moment
Crime|Economy|Health|Political|World

2 men scheduled to be put to death in Florida Tuesday in rare double execution

2 men scheduled to be put to death in Florida Tuesday in rare double execution

2 men scheduled to be put to death in Florida Tuesday in rare double execution
Business|Economy|Europe|Finance|World

ECB's Kazimir: September rate hike likely needed even if outlook improves

The European Central Bank will need to raise interest rates at least once more to contain inflation and a deterioration in the outlook could warrant more tightening than

ECB's Kazimir: September rate hike likely needed even if outlook improves
Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Shein reveals financials, valuation in Hong Kong IPO filings

Online fast-fashion retailer Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on small packages and a

Shein reveals financials, valuation in Hong Kong IPO filings
Business|Economy|Europe|Finance|MidEast|Stock Markets

European shares steady as tech weakness offsets US-Iran optimism

European shares ended little changed on Monday as losses in technology stocks, led by ASML, stifled a rally fuelled by easing U.S

European shares steady as tech weakness offsets US-Iran optimism
Business|Economy|Finance|Science|Stock Markets|Technology

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

Shares of CXMT Corp soared 466% on their Shanghai trading debut on Monday following Asia's biggest IPO this year, catapulting

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut
Business|Economy|Europe|World

German business sentiment rises more than expected in July, Ifo survey shows

German business morale grew more than expected in July as the outlook for companies improved across sectors, a survey showed on Monday, although they

German business sentiment rises more than expected in July, Ifo survey shows
Business|Economy|Science|Technology|World

China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai

Shares of Chinese memory chipmaker CXMT have soared as the company began trading in Shanghai in mainland China’s biggest IPO in recent years

China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
Business|Economy|Environment|Political|World

Inside the fights to maintain TPS status for thousands after the Supreme Court sided with Trump

Inside the fights to maintain TPS status for thousands after the Supreme Court sided with Trump

Inside the fights to maintain TPS status for thousands after the Supreme Court sided with Trump
Economy|Political|World

Indonesia's Prabowo approval rating drops to 51.1%, survey finds

The approval rating of Indonesian President Prabowo Subianto fell to 51.1% in July 2026, a poll showed, with respondents pointing to the state of the country's economy

Indonesia's Prabowo approval rating drops to 51.1%, survey finds
Business|Economy|Political|World

Japan's Takaichi defends policy as underpinning yen, approval rating slumps

Japanese Prime Minister Sanae Takaichi said government efforts to boost the country's growth potential will underpin market trust in the yen, countering

Japan's Takaichi defends policy as underpinning yen, approval rating slumps
Business|Economy|Environment|Science|World

Emerging markets stare at inflation risks as powerful El Niño looms

Emerging economies already strained by the Middle East conflict face a new threat: a potentially powerful El Niño that could push up food prices

Emerging markets stare at inflation risks as powerful El Niño looms
Business|Economy|Finance|Stock Markets|World

Bank of England to keep rate steady despite oil and gas price rebound

The Bank of England looks set to keep interest rates unchanged at 3.75% on Thursday, despite a recent spike in oil prices above $100 a barrel which may

Bank of England to keep rate steady despite oil and gas price rebound
Business|Economy|Technology|World

Hong Kong IPO-bound Shein's management and ownership structure

Shein's draft prospectus for a Hong Kong market listing has for the first time shed light on the top management and ownership structure of the online fast-fashion retailer, which

Hong Kong IPO-bound Shein's management and ownership structure
Business|Economy|Finance|World

Bank of Japan to signal more rate hikes as price pressures build

The Bank of Japan is set to keep interest rates steady on Friday but leave scope for further hikes with hawkish communication, as the economy faces mounting

Bank of Japan to signal more rate hikes as price pressures build
Business|Economy|Finance|Stock Markets|World

RBI to hold rates through 2026 as growth risks outweigh inflation: Reuters poll

The Reserve Bank of India will keep its key interest rate unchanged at 5.25% in August and for the rest of the year, according to a Reuters poll of

RBI to hold rates through 2026 as growth risks outweigh inflation: Reuters poll
Business|Economy|Education|Health|World

Germany's sick-note crackdown may be treating the symptoms, not the disease

Germany's plans to tighten sick-note rules may be mistaking the symptoms of rising absenteeism for the underlying illness,

Germany's sick-note crackdown may be treating the symptoms, not the disease
Business|Economy|Finance|Stock Markets|World

Markets dare to hope as US, Iran put war on hold

A look at the day ahead in European and global markets from Wayne Cole.

Markets dare to hope as US, Iran put war on hold
Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle

As fashion stumbles, jewellery will help shape luxury's winners

As luxury groups grapple with weak fashion sales and a hit to spending from the Middle East conflict, investors are increasingly focused

As fashion stumbles, jewellery will help shape luxury's winners
Business|Economy|Technology

South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan

Shares of South Korean internet and cloud service giant Naver jumped more than 10% on Monday after it said Nvidia would acquire $1 billion of its new shares to finance a

South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan
Business|Economy|Environment|MidEast|World

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows

Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through

Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows
Business|Economy|Finance|Science|Stock Markets|Technology

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, the Wall Street Journal reported on Sunday. 

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
Business|Economy|Finance|World

China's industrial profit growth moderates as exports cushion uneven recovery

Profits at China's industrial firms grew at a solid, though slower, pace as resilient exports helped cushion sluggish domestic demand, highlighting the economy's uneven

China's industrial profit growth moderates as exports cushion uneven recovery
Business|Economy|Environment|Health|Lifestyle|Science|World

As Indonesia cuts methane emissions, life atop a mountain of garbage begins to change

At Indonesia’s largest landfill, Bantargebang, waste picker Nur Wencih fears a sweeping government crackdown on open dumping could threaten the livelihood that has supported her family for two decades

As Indonesia cuts methane emissions, life atop a mountain of garbage begins to change
Business|Economy|Finance|World

Japan June services producer prices rise as Iran war keeps freight costs high

Japan's services producer price index rose 3.2% in June from a year earlier, central bank data showed on Monday, a sign of broadening inflationary pressure that will keep

Japan June services producer prices rise as Iran war keeps freight costs high
Business|Economy|Finance|Stock Markets|World

How Singapore's unique monetary policy works

Singapore's central bank tightened its monetary policy settings unexpectedly on Monday, with inflation projected to step up in the months ahead.

How Singapore's unique monetary policy works
Business|Economy|Finance|Stock Markets|World

Oil prices ease after US and Iran pause their attacks

Oil prices have fallen further in early trading after setting a two-month high set last week

Oil prices ease after US and Iran pause their attacks
Economy|Environment|Science|Travel|World

Genevieve becomes a major Pacific hurricane off Mexico, but no direct threat to land is forecast

Hurricane Genevieve has strengthened into a major Category 4 storm southwest of Mexico in the Pacific Ocean

Genevieve becomes a major Pacific hurricane off Mexico, but no direct threat to land is forecast
Economy|Political|World

US and Iran pause their attacks after days of escalation

The United States has not attacked Iran for a second day, and Tehran says it has also halted attacks

US and Iran pause their attacks after days of escalation
Business|Economy|Education

How rising gas prices impact business at Chandler Driving School and tips they're passing onto students

How rising gas prices impact business at Chandler Driving School and tips they're passing onto students

How rising gas prices impact business at Chandler Driving School and tips they're passing onto students
Economy|Political|World

Vance, Caine raised concerns about escalating war in Iran, sources say as US pauses consecutive nights of strikes

Vance, Caine raised concerns about escalating war in Iran, sources say as US pauses consecutive nights of strikes

Vance, Caine raised concerns about escalating war in Iran, sources say as US pauses consecutive nights of strikes
Arts|Economy|Health|Science|Technology|World

For some, so-called 'Skynet Day' came too close to sci-fi after a rogue agent hacked into a startup

In 1984, the Skynet of "The Terminator" films were science fiction

For some, so-called 'Skynet Day' came too close to sci-fi after a rogue agent hacked into a startup
Business|Economy|Fashion and Beauty|Technology|World

Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO

Shein swung to a $99 million quarterly loss due to slowing sales after the U.S. removed an import duty exemption on

Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPO
Americas|Business|Economy|Political|World

Lula calls new US tariffs a mistake in Washington Post op-ed

Brazilian President Luiz Inacio Lula da Silva called new U.S. tariffs unfair and a strategic mistake in a Sunday opinion column for The Washington

Lula calls new US tariffs a mistake in Washington Post op-ed
Economy|Education|Political|World

Cuban president accuses US of 'political genocide' on anniversary of revolution

Cuban President Miguel Diaz-Canel issued a sharp condemnation of Washington's oil embargo and hardened sanctions in a speech on Sunday, calling the policy of

Cuban president accuses US of 'political genocide' on anniversary of revolution
Business|Crime|Economy|Environment|Lifestyle|US

After 5 car washes, driver's car still "smells like a barn" after driving through manure on highway

After 5 car washes, driver's car still "smells like a barn" after driving through manure on highway

After 5 car washes, driver's car still "smells like a barn" after driving through manure on highway
Business|Economy|Political|World

Kremlin says too early to comment on reported US-Ukraine air ceasefire talks

Russia considers it premature to comment on reports that the United States and Ukraine are discussing a possible halt to aerial attacks as part of efforts to end the war, Kremlin

Kremlin says too early to comment on reported US-Ukraine air ceasefire talks
Economy|Finance|Political|US|World

‘Going it alone does not work’: America’s first one-party war

‘Going it alone does not work’: America’s first one-party war

‘Going it alone does not work’: America’s first one-party war
Africa|Economy|Political|World

Senegal's President Faye launches new party, cementing ruling camp split

Senegal's President Bassirou Diomaye Faye has launched a new political party, formalising his break with former Prime Minister Ousmane Sonko and the ruling Pastef party that

Senegal's President Faye launches new party, cementing ruling camp split
Business|Economy|Environment|Political|World

Ugandan diplomat Otunnu joins race to become next UN head

Ugandan diplomat Olara Otunnu has joined the contest to become the next secretary-general of the United Nations, the seventh contender to succeed Antonio

Ugandan diplomat Otunnu joins race to become next UN head
Business|Economy|Science|Technology|World

Massachusetts Democratic Senate primary sets up a battle of generations

Massachusetts Democratic Senate primary sets up a battle of generations

Massachusetts Democratic Senate primary sets up a battle of generations
Arts|Crime|Economy|Environment|Health|Lifestyle|Political|Science|Technology|Travel|World

The US military hasn’t blown up an alleged drug boat in a month. Has the campaign worked?

The US military hasn’t blown up an alleged drug boat in a month. Has the campaign worked?

The US military hasn’t blown up an alleged drug boat in a month. Has the campaign worked?
Economy|Europe|Political|World

Romania shoots down third Russian drone, as president calls breaches 'intolerable'

A Romanian F-16 fighter jet pilot shot down a Russian drone over the Black Sea, the defence ministry said on Sunday, the latest in a series of breaches of the NATO

Romania shoots down third Russian drone, as president calls breaches 'intolerable'
Business|Economy|Political|World

A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs

The Trump administration has levied tariffs on more than 60 countries, using a legal justification that permits the president to impose import taxes and other sanctions against countries found to engage in “unjustifiable,” “unreasonable” or “discriminatory” trade practices

A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs
Business|Economy|Finance|MidEast|Political|US|World

Airstrikes have paused and talks are pressing forward. But can the US and Iran take the off-ramp?

The U.S. military has paused its airstrikes on Iran after nearly two weeks of intensifying bombing

Airstrikes have paused and talks are pressing forward. But can the US and Iran take the off-ramp?
Economy|Education|Health|Lifestyle|World

‘There is freedom’: Why Asian women are leaving their husbands in their 50s and 60s

‘There is freedom’: Why Asian women are leaving their husbands in their 50s and 60s

‘There is freedom’: Why Asian women are leaving their husbands in their 50s and 60s
Business|Economy|Science|Technology|World

Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

Chinese AI models are gaining popularity in the U.S. for their affordability and efficiency

Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US
Australia|Economy|Political|World

Australia to raise concerns over new tariffs with Trump, PM Albanese says

Australia's Prime Minister Anthony Albanese said on Sunday he would seek to raise the issue of tariffs with U.S.

Australia to raise concerns over new tariffs with Trump, PM Albanese says
Economy|Political|World

Iran war spreads to Red Sea and Caspian, Gulf quiet as US forgoes strikes

The Iran war broadened over the weekend despite a pause in U.S. strikes, as Yemen's Iran-aligned Houthis attacked Saudi

Iran war spreads to Red Sea and Caspian, Gulf quiet as US forgoes strikes
Economy|Election|Finance|Political|World

Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu

Brazilian Senator Flavio Bolsonaro, eldest son of former president Jair Bolsonaro, on Saturday formally launched his bid to challenge President Luiz

Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu
Business|Economy|Finance|Health|MidEast|Political|Stock Markets|World

Iran-backed Houthis fire missiles at Saudi Arabia in response to airstrikes in Yemen

Yemen’s Iran-backed Houthi rebels say they fired missiles and drones at Saudi Arabia in response to Saudi airstrikes on Yemen's strategic Red Sea city of Hodeida

Iran-backed Houthis fire missiles at Saudi Arabia in response to airstrikes in Yemen
Business|Economy|Political|World

Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks

Yemen's Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast on Saturday, but

Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks
Business|Economy|Environment|Political

Trump administration admits it canceled clean-energy grants in states that voted for Kamala Harris

Trump administration admits it canceled clean-energy grants in states that voted for Kamala Harris

Trump administration admits it canceled clean-energy grants in states that voted for Kamala Harris
Business|Economy|Education|Technology|World

India's Instagram Gen Z dents Modi's aura ahead of key state polls

By Krishna N.

India's Instagram Gen Z dents Modi's aura ahead of key state polls
Economy|Environment|Health|Science

Michigan battles massive cyclosporiasis outbreak as state reels from Trump cuts

Two weeks before the U.S.

Michigan battles massive cyclosporiasis outbreak as state reels from Trump cuts
Economy|Election|Political|World

Brazil's Flávio Bolsonaro secures presidential bid despite challenges

Brazilian senator Flávio Bolsonaro has been confirmed as the presidential candidate for his father's Liberal Party

Brazil's Flávio Bolsonaro secures presidential bid despite challenges
Business|Economy|Finance|Stock Markets|Technology

LSEG's Lipper reviews transaction affecting fixed-income fund flow data

London Stock Exchange Group's (LSEG) Lipper unit said on Saturday it was investigating an unusually large transaction in one investment-grade bond fund that distorted its wider

LSEG's Lipper reviews transaction affecting fixed-income fund flow data
Business|Economy|World

Small businesses file lawsuits against Trump's new sweeping tariffs

Trump’s tariffs are headed to court — again

Small businesses file lawsuits against Trump's new sweeping tariffs
Economy|Environment|Health|World

Disappointment and fear as tens of thousands people evacuate French wildfires

When raging wildfires threatened Mohammed Laabar's hometown in southwestern France on Friday, he and his wife gathered their three-year-old son,

Disappointment and fear as tens of thousands people evacuate French wildfires
Business|Economy|Environment|Lifestyle|Science|US

Water hauling is the new chore no rancher asked for

The combination of the worst snowpack on record and fast-spreading wildfires is changing the job description for ranchers in the Rocky Mountains

Water hauling is the new chore no rancher asked for
Asia|Business|Economy|Education|Political|World

India youth protesters agree to end protests after talks with government

India's youth protesters have agreed to end their demonstration, a spokesperson of the 'cockroach' movement told reporters after talks with the government on Saturday.

India youth protesters agree to end protests after talks with government
Business|Economy|Sports|Technology|World

Drone threat in Russia's Yekaterinburg disrupts Wildberries operations and athletics championships

A drone threat prompted leading Russian online retailer Wildberries to evacuate its logistics hub on Saturday in the city of Yekaterinburg, where the national

Drone threat in Russia's Yekaterinburg disrupts Wildberries operations and athletics championships
Economy|Political|World

Houthis fire on Saudi Red Sea oil sites

Yemen's Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast on

Houthis fire on Saudi Red Sea oil sites
Asia|Business|Economy|World

India to keep engaging with US on trade deal after new tariff measures

India said on Saturday it would continue engaging with the United States to conclude a bilateral trade agreement, after Washington imposed a 10% tariff

India to keep engaging with US on trade deal after new tariff measures
Crime|Economy|Political|US

Fact check: Trump’s false claims at the White House Correspondents’ Dinner

Fact check: Trump’s false claims at the White House Correspondents’ Dinner

Fact check: Trump’s false claims at the White House Correspondents’ Dinner
Business|Economy|Europe|Food

Swiss cheesemakers try to fill hole in sales from US tariffs

The Alpine farmers who make one of Switzerland's most famous cheeses are seeking to fill the hole in

Swiss cheesemakers try to fill hole in sales from US tariffs
Business|Economy|Political|World

This wave of Trump tariffs is likely here to stay; more are coming

U.S.

This wave of Trump tariffs is likely here to stay; more are coming
Business|Economy|Entertainment|Food|Lifestyle

What a $15 pint of ice cream says about the economy

What a $15 pint of ice cream says about the economy

What a $15 pint of ice cream says about the economy
Arts|Business|Economy|Environment|Health|Lifestyle

Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years

Living through the biggest jump in grocery prices in a half-century has many Americans changing their eating and food shopping habits

Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
Business|Economy|Finance|Food|Health|Stock Markets|US|World

The 'rockets and feathers' effect: Inflation eases but grocery bills do not

Economics has a term for what U.S. grocery prices have done in recent years

The 'rockets and feathers' effect: Inflation eases but grocery bills do not
Business|Economy|World

Kuwait's KPC signs $16 billion lease and leaseback deal for oil pipeline network

Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a

Kuwait's KPC signs $16 billion lease and leaseback deal for oil pipeline network
Business|Economy|Science|Technology|World

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

By Max A.

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers
Business|Economy|Technology

Samsung Elec wins $200 billion Broadcom AI chip partnership, boosting foundry push

Samsung Electronics said on Saturday it struck a pact with U.S. chip designer Broadcom to widen cooperation across memory chips, contract chip making and

Samsung Elec wins $200 billion Broadcom AI chip partnership, boosting foundry push
Business|Economy|Science|Technology

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership

Nvidia and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
Business|Economy|Environment|World

US says it will lift ban on imports of Mexican cattle

The U.S.

US says it will lift ban on imports of Mexican cattle
Economy|Environment

Trump administration admits grants for clean energy were canceled based on politics

The Trump administration has again acknowledged in court documents that it terminated $7.6 billion in grants for hundreds of clean energy projects “based solely on the political identity of the grant recipient’s state,” in this case, 16 states that voted for Democrat Kamala Harris in the 2024 presidential election

Trump administration admits grants for clean energy were canceled based on politics
Arts|Business|Economy|Entertainment|Technology

Paramount agrees to pause Warner Bros deal while case plays out

Paramount Skydance on Friday agreed to pause its acquisition of Warner Bros.

Paramount agrees to pause Warner Bros deal while case plays out
Business|Economy|Political|World

Trump says he won't proceed with nuclear deal unless Saudis join Abraham Accords

President Donald Trump on Friday said he would not go forward with a civil nuclear deal with Saudi Arabia unless the Saudis agreed

Trump says he won't proceed with nuclear deal unless Saudis join Abraham Accords
Business|Economy|Environment|Science|Technology

US targets $2.2 billion in rebates to airlines that retrofit planes over wireless interference

Major U.S. airlines will need to retrofit planes by the end of 2030 to address potential wireless interference after a new auction of wireless

US targets $2.2 billion in rebates to airlines that retrofit planes over wireless interference
Business|Crime|Economy|Environment|Science|Technology|World

Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week

The OpenAI agent that broke into tech firm Hugging Face went on a dayslong hacking spree that OpenAI

Its AI agent spent days hacking a company, but sources say OpenAI did not notice for a week
Business|Economy|Political|World

Appeals court rejects Trump bid to halt $100,000 H-1B visa fee ruling

A federal appeals court on Friday rejected a bid by U.S.

Appeals court rejects Trump bid to halt $100,000 H-1B visa fee ruling
Arts|Business|Economy|Entertainment|Finance|Stock Markets|US

Paramount delays closing Warner buyout while judge considers states' challenge

Skydance-owned Paramount has agreed to delay closing its $81 billion buyout of Warner Bros

Paramount delays closing Warner buyout while judge considers states' challenge
Business|Economy|Political|World

The Latest: Trump says US will investigate EU trade practices for ‘unethical’ fines on Google

President Donald Trump says the U.S. will open a formal investigation into the European Union’s trade practices

The Latest: Trump says US will investigate EU trade practices for ‘unethical’ fines on Google
Arts|Business|Economy|Entertainment|Finance|Stock Markets|Technology|US

Paramount agrees to delay Warner Bros. Discovery takeover for months

Paramount agrees to delay Warner Bros. Discovery takeover for months

Paramount agrees to delay Warner Bros. Discovery takeover for months
Business|Economy|Technology

Qualcomm tells customers of double-digit price increases, Bloomberg News reports

Smartphone chipmaker Qualcomm told customers it would raise prices by a percentage in the double digits due to rising costs, Bloomberg News reported on Friday, citing a letter sent

Qualcomm tells customers of double-digit price increases, Bloomberg News reports
Business|Economy|Political|Technology|World

Trump says US to launch EU probe over 'illegal' Google fine

U.S.

Trump says US to launch EU probe over 'illegal' Google fine
Business|Economy|Political|World

Brazil eases spending curb despite revenue shortfall from dividend tax

The Brazilian government on Friday reduced by 5.7 billion reais ($1.12 billion) a spending curb needed to comply with its fiscal framework due to lower

Brazil eases spending curb despite revenue shortfall from dividend tax
Business|Economy|Environment|Finance|Stock Markets|World

Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse

Barclays said on Friday that risks to its oil price forecasts are skewed higher depending on how long the "impasse" over the Strait of Hormuz lasts.

Barclays sees upside risks to 2026 Brent price view given Strait of Hormuz impasse
Business|Economy|Technology

Waymo explores ending Uber partnership, Financial Times reports

Alphabet's robotaxi firm Waymo is considering ending its partnership with Uber due to a souring relationship between the companies, the Financial Times reported on Friday, citing

Waymo explores ending Uber partnership, Financial Times reports
Americas|Business|Economy|World

Brazil says 16.5% of exports face combined US duties of 37.5%

Brazil estimates that newly announced U.S. tariffs will affect 23.1% of its exports, according to a government statement released on Friday.

Brazil says 16.5% of exports face combined US duties of 37.5%
Business|Economy|Political|US|World

Trump says he trusts Russia and China's leaders not to enable Iran

U.S.

Trump says he trusts Russia and China's leaders not to enable Iran
Business|Economy|Finance|Stock Markets|World

Private credit roundup: Insurers step up as liquidity pressures build

Insurers and large institutions are preparing to put more money into private credit markets, a survey showed, even as wealthy investors turn cautious about the illiquidity and

Private credit roundup: Insurers step up as liquidity pressures build
Business|Economy|Environment|Finance|Political|World

Canada marks Gordie Howe bridge opening without US after trade war deepens

Canada marked the opening of a bridge connecting Windsor, Ontario, and Detroit, Michigan, on Friday in a quiet celebration without U.S. officials after a

Canada marks Gordie Howe bridge opening without US after trade war deepens
Business|Economy|Finance|Stock Markets|World

Stocks mixed as oil prices pause climb but yields hover near highs

U.S. and European stock markets found only scattered relief from this week's lows as oil prices pulled back on Friday, but

Stocks mixed as oil prices pause climb but yields hover near highs
Business|Economy|Finance|Stock Markets|World

Nasdaq lags on angst over AI spending ahead of earnings reports

The tech-heavy Nasdaq fell on Friday as investors sold chip stocks on worries about massive spending on artificial intelligence ahead of the next

Nasdaq lags on angst over AI spending ahead of earnings reports
Business|Economy|World

US small businesses file lawsuit challenging Trump's new 'forced labor' tariffs

Two U.S. small businesses on Friday challenged President Donald Trump's latest round of tariffs on goods from 60 trading partners, saying that the new

US small businesses file lawsuit challenging Trump's new 'forced labor' tariffs
Business|Economy|Technology|Travel|World

Canada celebrates new bridge to US during tariff troubles with Trump

Canadian officials are celebrating a new U.S.-Canada bridge over the Detroit River

Canada celebrates new bridge to US during tariff troubles with Trump
Business|Economy|Technology|World

Trump says the US will investigate EU trade practices, claiming the bloc unfairly fined tech giants

President Donald Trump says the United States will open a formal investigation into the European Union’s trade practices

Trump says the US will investigate EU trade practices, claiming the bloc unfairly fined tech giants
Business|Economy|Entertainment|Finance|Stock Markets

Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say

Investment firms Blackstone and Donerail are among the final bidders to acquire MarineMax, two people familiar with the matter said on Friday, as

Blackstone, Donerail among final bidders for yacht retailer MarineMax, sources say
Business|Economy|Europe|World

ECB facing mid-sized inflation shock, will get to 2% in year or so, Lane says

The European Central Bank still considers the current inflation shock to be medium-sized, which requires some policy action but not aggressive moves, and it will get

ECB facing mid-sized inflation shock, will get to 2% in year or so, Lane says
Business|Economy|Environment|World

Oil falls on report China pushing for end US-Iran war

Crude oil futures prices were more than 4% lower on Friday after sources said that China had initiated a push to resume stalled peace talks between the United States and

Oil falls on report China pushing for end US-Iran war
Business|Economy|Science|Technology

Anthropic rolls out Opus 5 AI model in efficiency upgrade

Anthropic on Friday launched Opus 5, its latest AI model that the startup says nears the capabilities of its more powerful cousin Fable 5 at half the price.

Anthropic rolls out Opus 5 AI model in efficiency upgrade
Business|Economy|Technology

Meta adds new task automation features to AI assistant

Meta is rolling out new features for its Meta AI service in select markets, allowing the chatbot to complete certain tasks autonomously, the company said on Friday.

Meta adds new task automation features to AI assistant
Business|Economy|Education|Science|Technology

Aerospace fights for young recruits as AI drains talent pool

For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow this week, there was nothing

Aerospace fights for young recruits as AI drains talent pool
Business|Economy|World

US hits network of Iranian financier Zanjani with more sanctions

The United States on Friday imposed sanctions against nine firms and four people in the business network of sanctioned Iranian financier Babak Zanjani

US hits network of Iranian financier Zanjani with more sanctions
Business|Economy

White House wants veterans to replace immigrant truckers who lost their licenses in crackdown

The Trump administration wants soldiers to consider becoming truck drivers when they leave the military

White House wants veterans to replace immigrant truckers who lost their licenses in crackdown
Business|Economy|Political|World

New US tariffs linked to claims of foreign forced labor dismay and anger trading partners

U.S. President Donald Trump’s latest set of tariffs has provoked heated objections from America’s trading partners

New US tariffs linked to claims of foreign forced labor dismay and anger trading partners
Arts|Business|Crime|Economy|Education|Election|Environment|Finance|Health|Stock Markets|US

Black members of Oklahoma Native American tribe file federal lawsuit to gain citizenship rights

Two descendants of Black people once enslaved by a Native American tribe are asking a federal court in Oklahoma to force tribal leaders to issue them citizenship cards as ordered a year ago by a tribal court

Black members of Oklahoma Native American tribe file federal lawsuit to gain citizenship rights
Africa|Business|Crime|Economy|World

Liberia seizes $317 million of cocaine bound for Europe, police chief says

Liberian authorities have seized around $317 million worth of cocaine that was bound for Europe, a senior police official said, in

Liberia seizes $317 million of cocaine bound for Europe, police chief says
Business|Economy|Europe|Political|World

Residents enter shattered south Lebanon town after Israeli withdrawal

Residents began entering the southern Lebanese town of Zawtar al-Gharbiyeh on Friday, some inspecting damaged homes

Residents enter shattered south Lebanon town after Israeli withdrawal
Business|Economy|Finance|Stock Markets|US|World

US business activity perks up in July, helped by World Cup, but trend may not last, S&P Global says 

Activity in the vast U.S. services sector accelerated in July, aided in part by spending around the FIFA World Cup and the Independence Day holiday, while the pace of

US business activity perks up in July, helped by World Cup, but trend may not last, S&P Global says 
Arts|Business|Crime|Economy|Education|Election|Entertainment|Europe|Finance|Political|Sports|Technology|US|World

White House says Trump, Zelenskiy to meet in Washington next week

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy are scheduled to meet in Washington on Tuesday, a White House official said on Friday.

White House says Trump, Zelenskiy to meet in Washington next week
Business|Economy|Finance|Stock Markets|US|World

US new home sales pick up in June, but affordability challenges remain

Sales of new U.S. single-family homes snapped a two-month skid in June, but higher mortgage rates and affordability challenges restrained the rebound and continue to

US new home sales pick up in June, but affordability challenges remain
Business|Economy|Finance|Stock Markets|World

Investors fret that spiking oil prices and rising yields could threaten stock rally

Deepening conflict in the Middle East has sent oil prices surging and Treasury yields climbing to levels that have equity

Investors fret that spiking oil prices and rising yields could threaten stock rally
Economy|Finance|Political|Stock Markets|US|World

Yen records biggest weekly drop in over two months, dollar climbs for the week

The dollar was set for its biggest weekly gain since mid-June, buoyed by the rise in oil prices, while the yen was poised for its largest weekly percentage

Yen records biggest weekly drop in over two months, dollar climbs for the week
Business|Economy|Europe|Finance

Commerzbank chairman says bank is ready for takeover talks with UniCredit

Commerzbank Chairman Jens Weidmann on Friday invited UniCredit to open talks on the terms of a merger, as the German lender abandoned its

Commerzbank chairman says bank is ready for takeover talks with UniCredit
Asia|Economy|World

Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say

Pakistan is exploring a path towards a resumption of stalled U.S.-Iran talks over ending their

Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
Business|Economy|Environment|World

JPMorgan warns 'super' El Niño and oil shock could prop up global inflation

A rapidly intensifying El Niño weather pattern combined with higher energy prices could add 0.3 percentage points to global inflation next year, hitting

JPMorgan warns 'super' El Niño and oil shock could prop up global inflation
Business|Economy|Finance|Stock Markets|US|World

US investment-grade bond funds see $7 billion record weekly outflows

U.S. investment-grade bond funds and exchange-traded funds saw massive outflows in the week ended July 22, as an oil-driven inflation scare pushed Treasury yields higher and

US investment-grade bond funds see $7 billion record weekly outflows
Business|Economy|Health|Political|World

‘It’s like firing your best worker for no apparent reason’: Why this New York family is dreading a looming deadline

‘It’s like firing your best worker for no apparent reason’: Why this New York family is dreading a looming deadline

‘It’s like firing your best worker for no apparent reason’: Why this New York family is dreading a looming deadline
Arts|Business|Crime|Economy|Education|Entertainment|Environment|Food|Health|Interview|Lifestyle|Opinion|Political|Science|Sports|Technology|Travel|World

Wisconsin voters sue to allow for vote to count if absentee ballot is late

A new lawsuit argues that voters in swing state Wisconsin whose absentee ballots haven't arrived by Election Day should be allowed to cast provisional ballots at the polls to ensure their vote is counted

Wisconsin voters sue to allow for vote to count if absentee ballot is late
Asia|Economy|Political|World

Chinese and Philippines vessels clash in South China Sea

Chinese ships fired water cannons at Philippine vessels, including one carrying a CNN crew, near a dangerous flashpoint in the South China Sea on Friday – the third tense confrontation this week in the contested waters.

Chinese and Philippines vessels clash in South China Sea
Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets|World

A crude summer

It's all about central banks this week and rising energy prices will likely keep rate-setters as distant as Tokyo, Washington and London on their toes even if they welcome

A crude summer
Business|Economy|Finance|Health|Science|Stock Markets

AstraZeneca 'magic' faces rare test after trial failure, share slide

AstraZeneca's long-time CEO Pascal Soriot has rarely put a foot wrong.

AstraZeneca 'magic' faces rare test after trial failure, share slide
Business|Economy|Finance|Stock Markets|Technology

US stocks face tests from Fed decision, tech-led earnings deluge

A wobbly U.S. stock market will take its cues in the coming week from a Federal Reserve meeting set to shed light on the path for interest rates, and

US stocks face tests from Fed decision, tech-led earnings deluge
Business|Crime|Economy|Europe|MidEast|Political|World

Beleagured Turkish opposition attempts to regroup with new party

Turkish opposition leader Ozgur Ozel and 90 other breakaway lawmakers launched a new political party on Friday, seeking to regroup to challenge President Tayyip Erdogan

Beleagured Turkish opposition attempts to regroup with new party
Business|Economy|Technology|World

Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul says

South Korean chipmakers Samsung Electronics and SK Hynix will announce large supply deals with U.S. technology companies during President Lee Jae Myung's visit to San

Samsung, SK Hynix to announce major chip deals with US tech companies, Seoul says
Business|Economy|Environment|Science|Technology|World

China's CATL tops quarterly profit forecasts on robust energy storage business

Chinese battery giant CATL reported stronger-than-expected second-quarter profit, driven by robust growth in its energy storage business that helped offset softer demand

China's CATL tops quarterly profit forecasts on robust energy storage business
Business|Economy|Technology|US|World

US agency rejects petition seeking Tesla door-release defect probe

The U.S.

US agency rejects petition seeking Tesla door-release defect probe
Business|Economy|Finance|Stock Markets|US

US equity funds log outflows for a second straight week as tech earnings eyed

U.S. equity funds recorded outflows for a second consecutive week as caution ahead of earnings reports from major technology companies and a renewed rise in oil prices weighed on

US equity funds log outflows for a second straight week as tech earnings eyed
Business|Economy|Entertainment|Technology

Verizon lifts annual forecasts, signs $1 billion fiber deal with Google

Verizon raised its annual adjusted profit forecast and said it had secured a more than $1 billion deal with Google to provide dark fiber connectivity for

Verizon lifts annual forecasts, signs $1 billion fiber deal with Google
Business|Economy|Finance|Technology

Meta launches new app 'Seller' to provide sales tools for merchants

Meta on Friday launched a new app called "Seller" to offer dedicated selling tools to merchants using the company's Facebook Marketplace platform for buying and selling items.

Meta launches new app 'Seller' to provide sales tools for merchants
Business|Economy|Europe|Finance|World

Bank of England to hold steady this year but Iran war inflation risks persist: Reuters poll

The Bank of England will not shift its key interest rate from 3.75% on Thursday according to all 70 economists in a July 21-24 Reuters poll, and likely

Bank of England to hold steady this year but Iran war inflation risks persist: Reuters poll
Economy|Environment|Health|Political|World

WFP warns of deeper cuts in Gaza aid due to donor fatigue

The U.N.

WFP warns of deeper cuts in Gaza aid due to donor fatigue
Business|Economy|Fashion and Beauty|World

Russian entrepreneurs see stock go up in flames as Ukraine targets Wildberries

Russian fashion designer Viktoria Terekhova shipped virtually her entire summer collection of children's clothes last week to the giant warehouse of online retailer

Russian entrepreneurs see stock go up in flames as Ukraine targets Wildberries
Business|Economy|Finance|Stock Markets|US|World

AmEx's steady profit outlook clouds revenue forecast boost; shares fall

American Express raised its 2026 revenue forecast on Friday as its affluent customers continued to spend on travel, entertainment and dining, but

AmEx's steady profit outlook clouds revenue forecast boost; shares fall
Business|Economy|Political|World

Trump imposes new global tariffs, drawing protests from trading partners

The United States on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the EU and China, alleging those countries

Trump imposes new global tariffs, drawing protests from trading partners
Business|Economy|Technology

Verizon signs deal with Google worth over $1 billion

Verizon CEO Dan Schulman said on Friday the company has secured a deal with Google, valued at more than $1 billion, to provide dark fiber connectivity for the search engine giant's

Verizon signs deal with Google worth over $1 billion
Business|Economy|Finance|Stock Markets|US

Bank of America hikes common stock dividend by 14%

Bank of America said on Friday it has increased its quarterly common stock dividend by 4 cents or 14%, to 32 cents a share, with its CEO Brian Moynihan citing the

Bank of America hikes common stock dividend by 14%
Americas|Economy|Environment|Health|Lifestyle|US|World

Flash flood emergency issued in West Virginia

Torrential rain triggered dangerous flash flooding across parts of West Virginia as severe storms sweep through the Eastern US.

Flash flood emergency issued in West Virginia
Business|Economy|Finance|Stock Markets|World

Wall St opens subdued after tech rout; Mideast, tariffs in focus

Wall Street's main indexes opened subdued on Friday after a tech-led selloff in the previous session, as investors digested fresh earnings, escalating Middle East tensions and a

Wall St opens subdued after tech rout; Mideast, tariffs in focus
Business|Economy|World

Russian central bank cuts key rate by 25 bps to 14% as Ukrainian drones hit economy

The Russian central bank cut its benchmark interest rate to 14% on Friday from 14.25% despite a spike in inflation linked to

Russian central bank cuts key rate by 25 bps to 14% as Ukrainian drones hit economy
Economy|Education|Environment|Political

Is withholding federal counterterrorism funds from states – as FEMA has threatened – legal?

Legal scholars argue that when executive branch agencies impose conditions on federal funds, courts should give these cases special scrutiny.

Is withholding federal counterterrorism funds from states – as FEMA has threatened – legal?
Business|Economy|Finance|Stock Markets|US

American Express Q2 profit rises driven by higher spending and fewer delinquencies

American Express on Friday reported an 8% rise in second-quarter profits compared to last year

American Express Q2 profit rises driven by higher spending and fewer delinquencies
Economy|Education|Environment|Health|Science

Colorado prepares for screwworms, as the pest that was eradicated in 1966 returns to the US

After screwworm cases were reported in Texas and New Mexico, Colorado is taking preventive measures against the pest.

Colorado prepares for screwworms, as the pest that was eradicated in 1966 returns to the US
Business|Economy|Finance|Stock Markets|World

HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal

HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims

HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
Business|Economy|Food|World

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag

First, the U.S.-Israeli war on Iran sparked a Diet Coke shortage in India by squeezing supplies of aluminum cans, triggering an unusual wave of "Diet

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag
Business|Economy|Political|World

Reaction to US imposing new tariffs on 60 trading partners

The Trump administration on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union and China, over allegations of lax

Reaction to US imposing new tariffs on 60 trading partners
Business|Economy|Europe|Political|World

European Commission gives guarded welcome to new Trump tariffs

The European Commission gave a guarded welcome to new tariffs imposed by the United States on Friday, saying that the outcome was in line with a trade deal the two sides

European Commission gives guarded welcome to new Trump tariffs
Business|Economy|World

German consumer sentiment dips slightly into August, survey finds

German consumer sentiment is set to dip slightly going into August as households remain cautious about spending amid more pessimistic income expectations, a survey found on

German consumer sentiment dips slightly into August, survey finds
Business|Economy|Political|World

Bank of France head: Trump's tariffs add more uncertainty for world economy

Tariffs imposed on trading partners from the administration of U.S.

Bank of France head: Trump's tariffs add more uncertainty for world economy
Business|Economy|Political|World

Switzerland disputes US forced labour claims as new tariffs take effect

Switzerland takes note of the announced additional U.S. tariffs but rejects allegations underlying the forced labour investigation, the government said on Friday.

Switzerland disputes US forced labour claims as new tariffs take effect
Business|Economy|World

India's private sector growth slumped to over four-year low in July, PMI shows

India's private sector growth skidded to its weakest in over four years in July as a sharp slowdown in services constrained overall expansion even though rising export

India's private sector growth slumped to over four-year low in July, PMI shows
Business|Economy|Technology|World

US weapons makers confront Europe's drive for local control

As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered

US weapons makers confront Europe's drive for local control
Business|Economy|Political|World

EU's Kallas questions US rationale for tariffs on bloc, seeks clarification

European Union foreign policy chief Kaja Kallas questioned Washington's rationale for imposing new tariffs on European goods, saying on Friday that

EU's Kallas questions US rationale for tariffs on bloc, seeks clarification
Business|Economy|Fashion and Beauty|World

Top apparel exporter Vietnam faces higher US tariffs than peers 

Vietnam faces higher U.S. tariffs than peers and risks a further erosion of competitiveness in the clothing sector, as the largest exporter of apparel to the U.S. is

Top apparel exporter Vietnam faces higher US tariffs than peers 
Business|Economy|Finance|Stock Markets|US|World

Oil batters bonds as AI burns cash

A look at the day ahead in European and global markets from Stella Qiu We are back to war watching, as if the June ceasefire never happened.

Oil batters bonds as AI burns cash
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows

Euro zone companies are struggling to raise prices for consumers already struggling with a rise in fuel costs, with fierce competition from China compounding tough

Euro zone firms struggle to raise consumer prices after Iran shock, ECB poll shows
Business|Economy|Europe|Finance|World

ECB survey shows broadly unchanged inflation outlook

Euro zone inflation expectations remained broadly unchanged over the past three months and price growth is seen falling quickly next year before returning back to the 2%

ECB survey shows broadly unchanged inflation outlook
Business|Economy|Europe|World

Euro zone consumers cut inflation expectations in June

Euro zone consumers cut their inflation expectations last month, likely encouraged by a truce in the Middle East that had brought down energy prices but proved short

Euro zone consumers cut inflation expectations in June
Asia|Business|Economy|Europe|Finance|Technology|World

Temasek eyes defence deals as Europe boosts military spending, executive says

Singaporean state investor Temasek is looking to increase its investments in defence as the war in Ukraine prompts European

Temasek eyes defence deals as Europe boosts military spending, executive says
Business|Economy|Finance|Stock Markets|Technology|World

Wise tumbles after US declines national trust bank application

London-listed shares of Wise fell 10% on Friday after the money transfer group said its application to create a national trust bank in the United States was denied by regulators,

Wise tumbles after US declines national trust bank application
Business|Economy|Europe|Finance|Stock Markets|World

French private sector contraction eased in July, flash PMIs show

France's private sector contraction eased in July, with services output slowing only marginally, although inflation, borrowing costs and geopolitics all remained concerns as

French private sector contraction eased in July, flash PMIs show
Business|Economy|Europe|World

German business activity returns to growth after four months, PMI shows

Germany's private sector has returned to growth in July for the first time in four months, driven by a marked upturn in manufacturing output, a survey

German business activity returns to growth after four months, PMI shows
Asia|Business|Economy|Finance|Stock Markets|World

China's PBOC to conduct overnight reverse repos, inject a total of 2.1 trillion yuan

China's central bank said on Friday it would conduct overnight reverse repo operations via the open market from July 29 to 31 and on August 3 to better meet short-term

China's PBOC to conduct overnight reverse repos, inject a total of 2.1 trillion yuan
Business|Economy|Europe|Finance|World

ECB policymakers warn about growing inflation risks

Inflation risks are high and the European Central Bank may need to raise interest rates again in response to the Iran crisis, three policymakers said on Friday, but all

ECB policymakers warn about growing inflation risks
Business|Economy|Europe|World

Euro zone business activity returns to growth in July for first time in four months, PMI shows

Euro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders, but may be derailed by high

Euro zone business activity returns to growth in July for first time in four months, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

European shares gain as SAP lifts tech stocks; Middle East on watch

European shares rose on Friday after registering their steepest one-day loss in two weeks in the previous session, as investors drew comfort

European shares gain as SAP lifts tech stocks; Middle East on watch
Business|Economy|Science|Technology|World

As AI grows more powerful, a US-China feud threatens safety efforts

U.S. threats to sanction Chinese AI developers over alleged intellectual property theft and export-control violations risk unravelling efforts to establish

As AI grows more powerful, a US-China feud threatens safety efforts
Business|Economy|Finance|World

UK firms plan smaller price rises and wage hikes, BoE survey shows

British businesses expect to increase prices and wages by a bit less in the year ahead after a ceasefire in the Iran war briefly pushed down energy prices, according to a

UK firms plan smaller price rises and wage hikes, BoE survey shows
Business|Economy|Finance|Stock Markets|World

UK businesses and consumers more positive, but boost may not last

British firms reported the first rise in activity in three months in July, helped by a brief respite in the Iran war, while consumers grew in confidence

UK businesses and consumers more positive, but boost may not last
Business|Economy|Europe|World

UK retail sales get surprise boost from hot weather and World Cup

British retail sales rose unexpectedly in June as shoppers increased their spending on air conditioning and clothing, official data showed on Friday,

UK retail sales get surprise boost from hot weather and World Cup
Americas|Business|Economy|Europe|Travel|World

Spanish hotel chain Melia completes exit from Cuba

Spanish hotel group Melia said it has ceased all operations of its 34 hotels in Cuba on Friday amid the hardening of U.S. sanctions and the island’s

Spanish hotel chain Melia completes exit from Cuba
Business|Economy|Science|Technology|World

China's CiDi eyes overseas sales of autonomous mining machines this year

CiDi, the Hong Kong-listed Chinese autonomous mining equipment maker, expects overseas deployments to grow this

China's CiDi eyes overseas sales of autonomous mining machines this year
Crime|Economy|World

Argentina President Milei flies to Brazil to kick-start Bolsonaro presidential bid

Argentine President Javier Milei flies to Brazil on Friday to throw his weight behind Senator Flavio Bolsonaro's presidential run

Argentina President Milei flies to Brazil to kick-start Bolsonaro presidential bid
Asia|Business|Economy|World

Taiwan central bank says it has good communications with US Treasury after currency report

Taiwan's central bank on Friday emphasised its good relations with the U.S.

Taiwan central bank says it has good communications with US Treasury after currency report
Business|Economy|Sports|Travel

World Cup boom, Middle East gloom could split earnings for US travel firms

By Anshuman Tripathy and Megavarshini G.

World Cup boom, Middle East gloom could split earnings for US travel firms
Business|Economy|Finance|Travel|World

Fuel swings turn US airline earnings forecasts into moving targets

A rapid rise in jet fuel prices is forcing U.S. airlines to rewrite earnings expectations, exposing how quickly higher fuel costs can outpace revenue

Fuel swings turn US airline earnings forecasts into moving targets
Business|Economy|Environment|Health|Lifestyle

More Colorado homeowners are replacing thirsty lawns with drought-friendly landscapes

More Colorado homeowners are replacing thirsty lawns with drought-friendly landscapes

More Colorado homeowners are replacing thirsty lawns with drought-friendly landscapes
Asia|Business|Economy|Finance|Political|Stock Markets|World

'Lapdog media': Indian reporters caught in youth protest anger

When Indian television reporter Dev Kotak went to cover a massive youth protest against Prime Minister Narendra Modi's government

'Lapdog media': Indian reporters caught in youth protest anger
Business|Crime|Economy|Environment|Political

Faith leaders and community members sue Colorado town of Hudson in effort to block planned ICE detention center

Faith leaders and community members sue Colorado town of Hudson in effort to block planned ICE detention center

Faith leaders and community members sue Colorado town of Hudson in effort to block planned ICE detention center
Business|Economy|Europe|Technology|World

Wildberries, 'Russia's Amazon,' says Ukrainian drones struck three more of its warehouses

Russian e-commerce giant Wildberries, Moscow's answer to Amazon, said on Friday three more of its warehouses had been attacked by Ukraine overnight, part

Wildberries, 'Russia's Amazon,' says Ukrainian drones struck three more of its warehouses
Business|Economy|Science|Technology|World

China’s memory chip makers ride AI boom to new power — and U.S. scrutiny

For months, Chinese chip manufacturer ChangXin Memory Technologies (CXMT) had been

China’s memory chip makers ride AI boom to new power — and U.S. scrutiny
Economy|Environment|Political|Technology

Trump pledge on data center power supplies draws skepticism

President Donald Trump announced a non-binding pledge by U.S. power producers and data centers on Thursday to fund

Trump pledge on data center power supplies draws skepticism
Business|Economy|Finance|Stock Markets|Technology

Intel rises as strong forecasts signal AI boost for turnaround

Intel's shares rose 6% in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling the chipmaker's long-awaited turnaround.

Intel rises as strong forecasts signal AI boost for turnaround
Business|Economy|Environment|Technology

Running on empty

From the Editor Hello Morning Bid readers! Cash burn and spiking crude prices dominated market headlines this week.

Running on empty
Business|Economy|Finance|Stock Markets|World

Global equity funds attract ninth weekly inflow amid upbeat earnings expectations

Global equity funds attracted inflows for a ninth straight week through July 22 as investors remained optimistic about a robust earnings season despite an escalation in Middle East

Global equity funds attract ninth weekly inflow amid upbeat earnings expectations
Business|Economy|Technology|World

Defense tech company Anduril in talks to raise funding at about $100 billion valuation

Defense tech firm Anduril is in discussions with investors for a new funding round that could see it valued at roughly $100 billion, rivaling

Defense tech company Anduril in talks to raise funding at about $100 billion valuation