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Today: July 18, 2026
Today: July 18, 2026

Economy

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Forgotten bank accounts, baseball cards and a Reds signed ball turned up in Iowa treasure hunt

Forgotten bank accounts, baseball cards and a Reds signed ball turned up in Iowa treasure hunt

Forgotten bank accounts, baseball cards and a Reds signed ball turned up in Iowa treasure hunt
Business|Economy|US

Trump's Labor nominee touts experience and fraud prevention as he seeks confirmation

President Donald Trump’s nominee to run the Department of Labor is trying to win over U.S. senators

Trump's Labor nominee touts experience and fraud prevention as he seeks confirmation
Arts|Business|Economy|Education|Finance|Political|US

Trump's pick to lead TSA calls private airport screening program 'pro-worker,' vows to help workers

President Donald Trump’s nominee to lead the Transportation Security Administration addressed a Senate confirmation hearing Thursday

Trump's pick to lead TSA calls private airport screening program 'pro-worker,' vows to help workers
Business|Economy|Technology|US

US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees

U.S. wireless carrier Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its restructuring.

US wireless carrier Verizon to sell 274 stores, lay off another 500 corporate employees
Asia|Business|Economy|Finance|Stock Markets|Technology|US|World

Chipmakers put pressure on equity indexes globally, oil dips

Equity indexes around the world fell on Thursday as investors offloaded heavy-weight chip stocks while the U.S. dollar and Treasury

Chipmakers put pressure on equity indexes globally, oil dips
Business|Economy|Environment

US lawmakers seek a crackdown on solar imports they say dodge duties

A bipartisan group of U.S. lawmakers on Thursday urged the Trump administration to crack down on imports of what they say are partially finished solar cells that are being used to

US lawmakers seek a crackdown on solar imports they say dodge duties
Business|Economy|Finance|Stock Markets|US

Fed's Logan calls for 'modestly higher' interest rates 

Dallas Federal Reserve President Lorie Logan on Thursday became the first of Fed Chairman Kevin Warsh's new colleagues to call publicly for an interest-rate hike,

Fed's Logan calls for 'modestly higher' interest rates 
Business|Economy|Finance|Stock Markets|US|World

Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now

Inflation is proving persistent across a broad range of goods and services, and remains the focus of monetary policy given a stable labor market,

Fed's Schmid: Inflation is "concerning" and the focus of setting policy right now
Economy|Europe|Finance|Political|World

Latvia boosts security at dam, gas storage facility due to Russian threat, PM says

Latvia has increased security around a hydroelectric dam upstream from its capital Riga and at a huge underground gas storage facility due to intelligence

Latvia boosts security at dam, gas storage facility due to Russian threat, PM says
Business|Economy|Europe|Technology

Uber in $15 billion deal for Delivery Hero to create global takeout giant

Uber agreed on Thursday to buy Germany's Delivery Hero at an equity value of $14.8 billion to create the largest food-delivery group

Uber in $15 billion deal for Delivery Hero to create global takeout giant
Business|Economy|Finance|Stock Markets|US

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers

Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year
Business|Economy|Europe|Political|World

Ukrainians protest Zelenskyy's ouster of his popular defense minister

President Volodymyr Zelenskyy shook up his wartime government, drawing thousands into the streets across Ukraine to protest the dismissal of his youthful defense minister, Mykhailo Fedorov

Ukrainians protest Zelenskyy's ouster of his popular defense minister
Arts|Business|Crime|Economy|Education|Entertainment|Finance|Lifestyle|Opinion|Political|Science|Technology

Trump’s teleprompter operator under investigation for insider trading, sources say

Trump’s teleprompter operator under investigation for insider trading, sources say

Trump’s teleprompter operator under investigation for insider trading, sources say
Business|Economy|Finance|Stock Markets|US|World

Mortgage rates hit highest level since the start of the war with Iran

Mortgage rates hit highest level since the start of the war with Iran

Mortgage rates hit highest level since the start of the war with Iran
Business|Economy|Finance|Political|Stock Markets|US|World

Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court

The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth

Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
Business|Economy|World

Most Gulf area economies face deeper downturns this year on Hormuz disruption

Most Gulf economies will contract more sharply this year than expected three months ago before rebounding in 2027, a Reuters poll found, as crumbling

Most Gulf area economies face deeper downturns this year on Hormuz disruption
Business|Crime|Economy|Europe|Political|World

Armenia seizes company from opposition leader charged with fraud

Armenia has seized control of a cement company owned by an arrested opposition leader, state media said on Thursday, as critics accuse Prime Minister Nikol

Armenia seizes company from opposition leader charged with fraud
Business|Economy|Finance|Stock Markets|US

US business inventories increase moderately in May as sales accelerate

U.S. business inventories increased moderately in May amid continued strength in sales, pushing the inventories-to-sales ratio to the lowest level since late 2021.

US business inventories increase moderately in May as sales accelerate
Business|Economy|Finance|Stock Markets|US

Lower gasoline prices restrain US retail sales, underlying momentum remains

U.S. retail sales rose slightly in June as lower gasoline prices weighed on receipts at service stations, but motor vehicle purchases accelerated and

Lower gasoline prices restrain US retail sales, underlying momentum remains
Business|Economy|Finance|Travel

United sees little demand hit from higher fares, expects pricing gains to hold

United Airlines said on Thursday higher fares had caused minimal to no damage to travel demand, bolstering its confidence that pricing gains can help it absorb nearly $6

United sees little demand hit from higher fares, expects pricing gains to hold
Business|Economy|Education|World

Hungary government reports Orban-era IT contracts to police

Hungary's government said on Thursday it sent a report to police about the suspected misuse of public funds during purchases of educational software made by the previous

Hungary government reports Orban-era IT contracts to police
Business|Economy|Finance

Nigeria central bank chief signals caution on easing next week

Nigeria's gradual slowdown in inflation has opened the door to interest-rate cuts, but external shocks have complicated the outlook, Central Bank Governor

Nigeria central bank chief signals caution on easing next week
Business|Economy|Finance|Stock Markets|Technology|US

Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price

Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering

Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price
Business|Economy|Political|World

Lebanon, Syria to reset trade ties, economy minister tells Reuters

Lebanon and Syria will in the coming months begin revising decades-old trade agreements to revive their economic relationship following the ouster of Syrian

Lebanon, Syria to reset trade ties, economy minister tells Reuters
Business|Economy|Environment|Finance|Health|Technology|World

US agency denies Tesla petition to avoid recall fix over headlight issue

The National Highway Traffic Safety Administration on Thursday said it was denying a 2024 petition filed by Tesla to avoid a recall fix for nearly

US agency denies Tesla petition to avoid recall fix over headlight issue
Business|Economy|Finance|Technology|World

How Uber, Delivery Hero and rivals stack up in global food delivery

July 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition.

How Uber, Delivery Hero and rivals stack up in global food delivery
Business|Economy|World

What remains of the Iran deal as fighting rages

There is now a yawning gap between the preliminary deal signed between the United States and Iran less than a month ago and the situation on the ground

What remains of the Iran deal as fighting rages
Americas|Business|Economy|Finance|Political|US|World

US tariffs shake up Brazil's presidential race as candidates trade blame

The tariffs the Trump administration imposed on Brazilian goods on Wednesday thrust Washington into Brazil's October presidential election, reviving

US tariffs shake up Brazil's presidential race as candidates trade blame
Business|Economy|Finance|Technology|World

Chinese filing implies DeepSeek valuation of around $52 billion

Chinese luggage maker Anhui Korrun said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in DeepSeek, implying

Chinese filing implies DeepSeek valuation of around $52 billion
Economy|Environment|Science

Need for speed? Driving above the speed limit costs you — and doesn't actually save much time

Racing to work, to pick up your children from school, or go from one errand to the next not only wastes money and sends harmful emissions into the air, it barely saves you time, new research says

Need for speed? Driving above the speed limit costs you — and doesn't actually save much time
Economy|Education|Environment|Health|Science

Repeated storms are turning disaster recovery into a way of life, and leaving communities facing disaster fatigue

Increasing flash flooding is exhausting communities as they’re hit again and again.

Repeated storms are turning disaster recovery into a way of life, and leaving communities facing disaster fatigue
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims fall; labor market remains stable

The number of Americans filing claims for unemployment benefits fell last week, pointing to continued labor market stability.

US weekly jobless claims fall; labor market remains stable
Business|Economy|Science|Technology

Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio products maker Harman, to secure memory and storage

Micron signs deals with Qualcomm, others for AI-powered automobile chip components
Business|Economy|Finance|Stock Markets|Technology|US

Wall Street regulators propose new e-delivery for investor disclosures

The U.S.

Wall Street regulators propose new e-delivery for investor disclosures
Business|Economy|Finance|World

IMF says new Bangladesh programme talks ahead, sees growth slowing

The International Monetary Fund said on Thursday that its staff team had concluded a visit to Bangladesh at the government's request and that discussions on the parameters

IMF says new Bangladesh programme talks ahead, sees growth slowing
Economy|Europe|Political|World

Council of Europe warns five EU states of rights risks in return hub plans

Europe's leading human rights watchdog urged five EU nations on Thursday to fully protect the rights under international law of rejected asylum seekers they aim to deport

Council of Europe warns five EU states of rights risks in return hub plans
Business|Economy|Technology

GE Aerospace says it is supporting Boeing's 787 production ramp-up

GE Aerospace CEO Larry Culp said on Thursday that shipments of GEnx engines for Boeing's 787 Dreamliner had risen sharply, pushing back against

GE Aerospace says it is supporting Boeing's 787 production ramp-up
Business|Economy|Finance|Stock Markets|World

US pending home sales slump in June amid affordability challenges

Contracts to purchase previously owned U.S. homes fell more than expected in June as higher mortgages and house prices pushed prospective buyers to the sidelines.

US pending home sales slump in June amid affordability challenges
Business|Economy|Europe|World

German state minister says higher tariffs could boost Chinese interest in VW plant

The European Union should consider raising tariffs on cars made in China to increase pressure on Chinese automakers to partner with European manufacturers such as

German state minister says higher tariffs could boost Chinese interest in VW plant
Business|Economy|Health|Science|Technology

Abbott raises 2026 profit forecast on strength in diagnostics, medical devices

Abbott beat quarterly estimates and raised its annual profit forecast on Thursday, as strong demand for its cancer diagnostics business and

Abbott raises 2026 profit forecast on strength in diagnostics, medical devices
Business|Economy|Finance|Stock Markets|US|World

US home builder sentiment falls in July amid affordability challenges

U.S. homebuilder sentiment unexpectedly fell in July, weighed down by economic uncertainty and high mortgage rates amid conflict in the Middle East, a survey showed on

US home builder sentiment falls in July amid affordability challenges
Business|Economy|Food|World

Brazil instant coffee sector exempt from new US tariffs, protecting up to $2.5 billion in exports

Brazil's instant coffee is exempt from a new 25% U.S. tariff on Brazilian imports, a move eagerly awaited by the industry, which had previously been the only segment of

Brazil instant coffee sector exempt from new US tariffs, protecting up to $2.5 billion in exports
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq open lower as chip stocks weaken

The S&P 500 and the Nasdaq opened lower on Thursday as chip stocks weakened again, while investors parsed fresh economic data for clues on the health of the economy.

S&P 500, Nasdaq open lower as chip stocks weaken
Business|Economy|Finance|Stock Markets|US

Starbucks defeats shareholder lawsuit over US, China sales declines

A federal judge dismissed a lawsuit accusing Starbucks of defrauding shareholders by intentionally concealing declining sales in the United States and China, its largest markets.

Starbucks defeats shareholder lawsuit over US, China sales declines
Business|Economy|World

Gas is nearly $4 again and diesel just topped $5. It’s not what you think

Gas is nearly $4 again and diesel just topped $5. It’s not what you think

Gas is nearly $4 again and diesel just topped $5. It’s not what you think
Business|Economy|Sports|Technology|World

Triathlon unites to increase its popularity closer to the level of tennis and golf

Triathlon is taking action to try to boost its popularity in hopes of bringing it closer to the level of tennis and golf

Triathlon unites to increase its popularity closer to the level of tennis and golf
Crime|Economy|Europe|Political|World

Zelensky faces protests over ousting of Ukraine’s defense minister despite military gains

Zelensky faces protests over ousting of Ukraine’s defense minister despite military gains

Zelensky faces protests over ousting of Ukraine’s defense minister despite military gains
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|US

Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient

Shoppers slowed their spending in June from May, but excluding business at the gas pump, shoppers showed resilience despite economic uncertainty as they bought cars and took advantage of summer sales events

Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient
Business|Economy|Education|Environment|Finance|Health|Interview|Lifestyle|Opinion|Political|World

I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means

I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means

I’ve spent years studying economic data. These Americans taught me what ‘affordability’ really means
Business|Economy|Finance|Stock Markets|US

Retail sales last month rose less than expected

Retail sales last month rose less than expected

Retail sales last month rose less than expected
Business|Economy|Finance|Stock Markets|US

US weekly unemployment claims fall to 208,000, fewest in 10 weeks

Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S. layoffs remain historically low

US weekly unemployment claims fall to 208,000, fewest in 10 weeks
Business|Economy|Environment|Food|Health

A perfect storm of factors is driving up US produce prices, but shoppers can still save

US shoppers are seeing higher fruit and vegetable prices thanks to trade tensions, extreme weather and geopolitics, just to name a few reasons.

A perfect storm of factors is driving up US produce prices, but shoppers can still save
Business|Economy|Education|Environment|Health|Science|Technology

Foundations can outlive their charitable missions – and that’s a problem

The missions the foundations’ original donors champion during their lifetimes can become outdated after they’ve died.

Foundations can outlive their charitable missions – and that’s a problem
Business|Economy|Sports|Technology|World

Nike out of World Cup contention as Adidas-outfitted teams head to final

Nike's swoosh will be notably absent from the World Cup final.

Nike out of World Cup contention as Adidas-outfitted teams head to final
Business|Economy|Finance|Health|Science|Stock Markets|Technology

AtaiBeckley surges after report Lilly poised to buy psychedelic drug developer

AtaiBeckley shares soared 50% premarket on Thursday after a report that Eli Lilly was in talks to acquire the psychedelic drug developer as soon as this week.

AtaiBeckley surges after report Lilly poised to buy psychedelic drug developer
Business|Economy|Finance|World

Israel economy shrank 3.8% in first quarter amid Iran war

Israel's economy shrank an annualised 3.8% in the first quarter, the Central Bureau of Statistics said on Thursday, in its third estimate in which growth was hurt by

Israel economy shrank 3.8% in first quarter amid Iran war
Business|Economy|Finance|Stock Markets|US

Wall St banks' Q2 saw deal fees, trading windfall boost profit

Wall Street's biggest banks found few reasons to complain this earnings season.

Wall St banks' Q2 saw deal fees, trading windfall boost profit
Business|Economy|Europe|Political|World

Ukraine parliament approves energy executive Koretskyi as new PM

Ukraine's parliament voted on Thursday to appoint energy executive Sergii Koretskyi as prime minister, the third since the start of Russia's invasion in 2022.

Ukraine parliament approves energy executive Koretskyi as new PM
Business|Economy|Finance|Stock Markets|Technology|World

Shein IPO faces lower valuation as e-commerce crackdown starts to bite

Shein's ambitions for a valuation of up to $50 billion in its long-awaited Hong Kong IPO are likely to face a tough test from

Shein IPO faces lower valuation as e-commerce crackdown starts to bite
Economy|Europe|Political|World

France flags 2027 budget squeeze as defence and debt costs surge

France's government plans to sharply restrain most public spending growth in 2027 as rising defence outlays and borrowing costs consume an increasing share of the budget,

France flags 2027 budget squeeze as defence and debt costs surge
Business|Economy|World

Nigeria to track poverty, incomes as government seeks proof reforms are working

Nigeria plans to publish indicators tracking poverty, incomes and inequality as President Bola Tinubu's government seeks to show that economic reforms are

Nigeria to track poverty, incomes as government seeks proof reforms are working
Business|Economy|Finance|Stock Markets|Technology|US|World

Damp Squib

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Another day, another test for chip stocks.

Damp Squib
Business|Economy|Technology

US probes Samsung for alleged infringement of Netlist's memory-chip patents

U.S. trade regulators have launched a probe into Samsung Electronics' memory chips and products sold by Google, Nvidia, Broadcom and Super Micro Computer that use them following a

US probes Samsung for alleged infringement of Netlist's memory-chip patents
Business|Economy|Finance|Stock Markets|World

Shortsellers take aim at manufacturing in June amid supply chain stress, Hazeltree data shows

Global hedge funds bet heavily against manufacturing stocks in June, data from Hazeltree shows, as investors grew more concerned about

Shortsellers take aim at manufacturing in June amid supply chain stress, Hazeltree data shows
Business|Economy|Europe|Finance|World

ECB to hold rates now but energy price resurgence points to September hike: Reuters poll

The European Central Bank will hold interest rates on July 23 but will hike for the second time this year in September as a renewed energy price surge

ECB to hold rates now but energy price resurgence points to September hike: Reuters poll
Business|Economy|Finance|Stock Markets|US|World

Citizens Financial's quarterly profit jumps on interest income, fees boost

Citizens Financial Group posted a higher second-quarter profit on Thursday, helped by higher net interest income and fee growth in wealth and capital markets businesses.

Citizens Financial's quarterly profit jumps on interest income, fees boost
Business|Economy|Europe|Technology|World

BMW appoints new HR chief as it moves ahead with cost-cutting drive

BMW has appointed Dorothea von Boxberg as its new board member for human resources, the German carmaker said in a statement on Thursday, outlining her experience in "

BMW appoints new HR chief as it moves ahead with cost-cutting drive
Business|Economy|Finance|Stock Markets

State Street's quarterly profit jumps 56% on strong fee income

Custodian bank State Street reported a rise in profit on Thursday, driven by a jump in fees earned from managing client assets.

State Street's quarterly profit jumps 56% on strong fee income
Business|Economy|Finance|Stock Markets|World

Euro zone yields rise, gap between German and US borrowing costs smallest in a month

The gap between German and U.S. 10-year borrowing costs sat near its narrowest in a month on Thursday as the escalation of fighting in the Gulf sent euro zone

Euro zone yields rise, gap between German and US borrowing costs smallest in a month
Business|Economy|Technology|Travel

Boeing nears approval of 737 MAX anti-ice fix, paving way for deliveries

Boeing is in the final stages of getting regulatory certification for an engine anti-ice system fix for its 737 MAX jetliner, company executives said,

Boeing nears approval of 737 MAX anti-ice fix, paving way for deliveries
Business|Economy|Finance|Stock Markets|US

U.S. Bancorp posts record quarterly revenue on loan growth boost, BTIG buy

U.S.

U.S. Bancorp posts record quarterly revenue on loan growth boost, BTIG buy
Business|Economy|Environment|World

Iran tells Houthis to close Red Sea gateway if US hits power network, sources say

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea oil route if the United States strikes Iranian

Iran tells Houthis to close Red Sea gateway if US hits power network, sources say
Business|Economy|Health

UnitedHealth regains earnings momentum, shares surge

UnitedHealth Group on Thursday delivered the quarterly financial report investors have been looking for, beating Wall Street's second-

UnitedHealth regains earnings momentum, shares surge
Business|Economy|Health|Science

Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal

Eli Lilly will buy AtaiBeckley for up to $3.8 billion, the company said on Thursday, joining a race among pharma majors to develop psychedelic

Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal
Business|Economy|Technology|World

GE Aerospace sees repair demand holding up despite aviation fuel shock

GE Aerospace raised its 2026 profit forecast on Thursday as demand for engine repairs and spare parts held up despite high fuel prices and

GE Aerospace sees repair demand holding up despite aviation fuel shock
Business|Economy|World

Heavier cattle, more markets: Argentine ranchers target beef exports 

Higher global beef prices and new trade deals under President Javier Milei are encouraging Argentina's ranchers to

Heavier cattle, more markets: Argentine ranchers target beef exports 
Business|Crime|Economy|Education|Environment|Health|World

Hawaii Health Department's enforcement of hemp retailers is helping compliance

Hawaii Health Department's enforcement of hemp retailers is helping compliance

Hawaii Health Department's enforcement of hemp retailers is helping compliance
Business|Economy|Europe|Technology|World

EU forces Google to share search data and open Android to rival AI companies

The European Union has issued new rules for Google, requiring it to share search data and open its Android system to rival AI companies

EU forces Google to share search data and open Android to rival AI companies
Business|Economy|Europe|Political|World

UK nationalizes Chinese-owned British Steel to protect nation's steelmaking capacity

The U.K. government has nationalized British Steel to protect the nation’s steelmaking capacity

UK nationalizes Chinese-owned British Steel to protect nation's steelmaking capacity
Business|Economy|Europe|Technology|World

European shares notch modest gains as Mideast war tempers earnings cheer

European stocks posted slim gains for the third straight session on Thursday, as caution over the Middle East war kept

European shares notch modest gains as Mideast war tempers earnings cheer
Business|Crime|Economy|Europe|World

Russia and Ukraine strike vessels in Black Sea, wheat prices jump

Ukraine and Russia launched missile and drone attacks on Thursday on vessels in the Black Sea and the Sea of Azov, stepping up hostilities in a zone vital for grain

Russia and Ukraine strike vessels in Black Sea, wheat prices jump
Business|Economy|Science|Technology

Space startup funding holds near record highs as SpaceX IPO draws new investors

Global investment in space startups was near record levels in the second quarter, buoyed by investor enthusiasm following SpaceX's nearly $86 billion initial public

Space startup funding holds near record highs as SpaceX IPO draws new investors
Asia|Business|Economy|Europe|World

Zabka hits record high after report Seven & i nears stake purchase

Japanese retail giant Seven & i Holdings is in the final stages of talks to take a stake in Polish convenience store operator Zabka Group, the Nikkei business daily reported

Zabka hits record high after report Seven & i nears stake purchase
Business|Economy|Europe|Political|World

Who is Ukraine's new prime minister, Sergii Koretskyi?

Ukraine's parliament approved top energy executive Sergii Koretskyi as the country's new prime minister, the third wartime head of the government appointed in a wider

Who is Ukraine's new prime minister, Sergii Koretskyi?
Business|Economy|Political|World

US announces new 25% tariffs on Brazil for ‘unfair’ trade practices

US announces new 25% tariffs on Brazil for ‘unfair’ trade practices

US announces new 25% tariffs on Brazil for ‘unfair’ trade practices
Business|Economy|Europe|World

UK's Burnham takes small-town regeneration to the national stage as PM

For Britain's next prime minister, Andy Burnham, a sprawling car park in the centre of a former cotton-manufacturing town in

UK's Burnham takes small-town regeneration to the national stage as PM
Business|Economy|Finance|World

Russia's 2026 budget deficit may exceed plans by $12.85 billion due to higher spending

Russia's federal budget spending and deficit could exceed official plans by more than 1 trillion roubles ($12.85 billion) in 2026, according to the data from the

Russia's 2026 budget deficit may exceed plans by $12.85 billion due to higher spending
Business|Economy|World

India ask its seafarers not to take Hormuz voyages

India has ordered shipowners, ship managers and recruitment companies not to deploy the country's seafarers on vessels undertaking trips through the Strait of Hormuz

India ask its seafarers not to take Hormuz voyages
Business|Economy|Europe|Finance|Stock Markets

Sodexo bets on North America to drive growth recovery

French food caterer Sodexo said on Thursday it expects faster revenue growth from 2027 as it seeks to revive performance through stronger

Sodexo bets on North America to drive growth recovery
Business|Economy|Technology|World

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts

TSMC, the world's main producer of advanced AI chips and a major Nvidia supplier, pledged on Thursday to invest a further $100

TSMC to invest another $100 billion in US as Q2 profit blows past forecasts
Business|Economy|Finance|Technology|World

What are leveraged ETFs and how are they driving the AI rally?

Exchange-traded funds have been a fixture of financial markets since the 1990s as a popular low-cost way for investors to buy baskets of stocks

What are leveraged ETFs and how are they driving the AI rally?
Business|Economy|Technology|World

Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity

Major Taiwan computer chipmaker TSMC says it plans to spend another $100 billion on expanding its manufacturing capacity in the United States

Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Business|Economy|Europe|World

Azerbaijan at 'real peace' with Armenia but wants it to change constitution

Azerbaijan and Armenia are at "real peace" and rebuilding trade links after decades of conflict, a senior Azerbaijani official told Reuters,

Azerbaijan at 'real peace' with Armenia but wants it to change constitution
Business|Economy|Finance|Stock Markets|Technology

TSMC Q2 profit jumps 77% to record, far surpasses expectations

TSMC, the world's largest contract chipmaker, posted a 77% jump in second-quarter net profit on Thursday, beating market forecasts and hitting a record, riding the wave of

TSMC Q2 profit jumps 77% to record, far surpasses expectations
Business|Economy|Science|Technology

SpaceX selloff an ominous sign as lockup expiry looms

The dip in SpaceX's shares below its blockbuster IPO price of $135 a share is an ominous sign for Elon Musk's internet and rocket company as it faces more

SpaceX selloff an ominous sign as lockup expiry looms
Business|Economy|Europe|World

Iran war leaves crisis-weary European airlines ready for a shakeout

As renewed conflict in the Gulf drives up oil prices, airline investors and industry executives see mounting signs

Iran war leaves crisis-weary European airlines ready for a shakeout
Business|Economy|Finance|Technology|World

Britain's Ocado shares hit 13-year low on lack of progress on winning new US partners

Shares in British technology and online grocery group Ocado tumbled to a 13-year low on Thursday after it failed to show tangible progress in talks to secure

Britain's Ocado shares hit 13-year low on lack of progress on winning new US partners
Business|Economy|Europe|World

UK economy claws back some growth as Burnham prepares to take power

Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile

UK economy claws back some growth as Burnham prepares to take power
Business|Crime|Economy|Education|Health|Lifestyle|Political

Officer resigns after video shows takedown of wrong teen that left him with broken arm

Officer resigns after video shows takedown of wrong teen that left him with broken arm

Officer resigns after video shows takedown of wrong teen that left him with broken arm
Business|Economy|Environment|Health|Political|World

Trump is taking longer to approve disaster aid and denying Democratic states more frequently

Americans are waiting longer for disaster aid under President Donald Trump, with delays often lasting weeks or months

Trump is taking longer to approve disaster aid and denying Democratic states more frequently
Business|Economy|Political|World

US launches new wave of strikes against Iran, military says

The U.S. began conducting a new wave of strikes against Iran on Thursday at 2 p.m. ET (1800 GMT) to "further degrade Iranian military capabilities," U.S.

US launches new wave of strikes against Iran, military says
Business|Economy|Science|Technology|World

China's Xi to outline AI diplomacy vision at key Shanghai forum

Chinese President Xi Jinping is expected to outline an ambitious vision for China's role in global AI governance at a forum on Friday, as Huawei showcases

China's Xi to outline AI diplomacy vision at key Shanghai forum
Business|Crime|Economy|World

Ex-Federal Reserve adviser sentenced to prison for lying about China ties

A former senior adviser to the U.S.

Ex-Federal Reserve adviser sentenced to prison for lying about China ties
Business|Economy|Science|Technology

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy

Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
Asia|Business|Economy|Environment|World

Fewer vessels travel through Hormuz after US resumes blockade

Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries

Fewer vessels travel through Hormuz after US resumes blockade
Asia|Business|Economy|World

BOK hikes rates for first time in 3-1/2 years, signals more

South Korea's central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and flagged more to come

BOK hikes rates for first time in 3-1/2 years, signals more
Business|Economy|Finance|Stock Markets|Technology|World

This AI, it will make a profit, right?

A look at the day ahead in European and global markets from Stella Qiu The monstrous rally in Asian chipmakers this year is hitting a rocky patch.

This AI, it will make a profit, right?
Business|Economy|World

Japan household inflation expectations rise, build case for BOJ rate hikes

Japanese households' inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central

Japan household inflation expectations rise, build case for BOJ rate hikes
Asia|Business|Economy|World

China's record consumer defaults undermine Beijing's push to boost spending

Jack Chen has never defaulted on a loan since he began borrowing to cover expenses during his internship days, but his credit report now carries a red flag because of his

China's record consumer defaults undermine Beijing's push to boost spending
Economy|Environment|Science|Technology|World

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says

The full implementation of China's rare earth export restrictions could put $6.5 trillion of downstream production outside the country at risk, the International Energy

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says
Business|Economy|Environment|Political|World

US launches multiple strikes on Iran, which retaliates against US targets in region

The U.S. launched two waves of attacks on Iran's coastal defenses and missile sites on Wednesday after reimposing a naval

US launches multiple strikes on Iran, which retaliates against US targets in region
Business|Economy|Environment|Travel|World

New Zealand, Fiji renew five-year partnership

New Zealand and Fiji signed a renewed five-year Duavata Partnership on Thursday, setting out cooperation priorities for 2026 to 2030 across trade, security, democracy,

New Zealand, Fiji renew five-year partnership
Business|Economy|Election|Finance|Political

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle

Election officials in Arizona's most populous county now agree on how to jointly oversee the vote

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle
Business|Economy|Finance|Stock Markets|World

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says

The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3% threshold and puts Premier Sanae

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
Crime|Economy|Environment|Travel|World

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay

U.S. Coast Guard crews have suspended their search for three people missing after a boat sank in San Francisco Bay near Alcatraz Island

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay
Business|Economy|Science|Technology|World

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'

JPMorgan Chase CEO Jamie Dimon said on Wednesday that risks posed by Anthropic's Mythos AI model are a "real issue" that the U.S. government is on top of, underscoring concerns

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'
Economy|Political|World

China and Xi are seen more favorably than the US and Trump in many nations, new survey says

The world has largely viewed the U.S. more favorably than China for years, but those opinions now have flipped in Beijing’s favor

China and Xi are seen more favorably than the US and Trump in many nations, new survey says
Business|Crime|Economy|Environment|Science|Technology

Tesla driver accelerated into house in fatal Texas crash, NTSB says

The driver of a Tesla Model 3 that killed a 76-year-old woman when it ploughed into her home at high speed in Katy, Texas in June had overridden the

Tesla driver accelerated into house in fatal Texas crash, NTSB says
Business|Economy|Finance|Stock Markets

As Fed Chair Warsh sticks to policy silence, colleagues voice their views

Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their

As Fed Chair Warsh sticks to policy silence, colleagues voice their views
Business|Economy|Europe|MidEast|World

Airbus in talks to sell jets to Flynas, sources say

Airbus is in talks to sell more of its A330neo widebody aircraft to Saudi low-cost carrier Flynas, with an announcement possible as early as next week's Farnborough Airshow,

Airbus in talks to sell jets to Flynas, sources say
Asia|Business|Economy|Finance|Stock Markets

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher borrowing costs hurting

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll
Business|Economy|Finance|World

New UK PM faces $440 billion fiscal problem, think tank says

Britain's public finances are losing around £330 billion ($442 billion) a year due to weak economic growth, population ageing and ill health, according to estimates from a

New UK PM faces $440 billion fiscal problem, think tank says
Business|Economy|Environment|US|World

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region

The Texas Parks and Wildlife Department says more than 40 people have been rescued from high waters as heavy downpours drenching South Texas continue to raise the risk of flash flooding

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region
Business|Economy|Finance|US

US Mint will produce $1 coin with Trump's image, Treasury Secretary says

The U.S.

US Mint will produce $1 coin with Trump's image, Treasury Secretary says
Business|Economy|Finance|Stock Markets|Technology

SpaceX shares slide below IPO price for the first time as blistering rally unravels

SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that

SpaceX shares slide below IPO price for the first time as blistering rally unravels
Business|Economy|Science|Technology

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades

The U.S. aviation sector urged Congress on Wednesday to provide $20 billion to complete a massive effort ​to modernize America's aging air traffic

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades
Business|Economy|Environment|Political|US|World

US Senate undecided on bill to make daylight saving time permanent

The U.S.

US Senate undecided on bill to make daylight saving time permanent
Business|Economy|Environment|Political|World

Fujimori's mining push could spur unrest in Peru, study says

Peru's President-elect Keiko Fujimori could face new protests in mining areas as her government tries to spearhead large copper and other mining projects that

Fujimori's mining push could spur unrest in Peru, study says
Economy|Political|World

US House defeats bid to cut off Israel aid in vote dividing Democrats

The U.S.

US House defeats bid to cut off Israel aid in vote dividing Democrats
Business|Crime|Economy|Finance|World

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties

Goldman Sachs’ former top lawyer Kathryn Ruemmler is facing skepticism from lawmakers as she testifies about her ties to Jeffrey Epstein

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties
Business|Economy|Finance|US|World

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday

The U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday
Business|Economy|Political|World

Trump drifts into campaign topics while addressing defense technology gathering

President Donald Trump has addressed a defense summit at the U.S. Army War College, but he focused more on political themes than battlefield issues

Trump drifts into campaign topics while addressing defense technology gathering
Business|Economy|Finance|Stock Markets|US

Wall Street banks enjoy record windfalls from prime brokerage business

Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks. 

Wall Street banks enjoy record windfalls from prime brokerage business
Business|Economy|Finance|World

OECD says global minimum tax boosted revenue, not job losses

(Corrects date in the first sentence to Wednesday not Tuesday.)

OECD says global minimum tax boosted revenue, not job losses
Business|Economy|Finance|Technology|World

Busiest US container port sets cargo record in June

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data

Busiest US container port sets cargo record in June
Business|Economy|Finance|Stock Markets|US

Wall St ends higher on cool inflation data, strong earnings

Wall Street stocks gained ground on Wednesday as softening inflation data and a robust beginning of second-quarter earnings season put

Wall St ends higher on cool inflation data, strong earnings
Business|Economy|Technology|World

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags

Airbus and Boeing have in recent weeks chartered one of the world's largest cargo planes to speed up shipments of aerostructures for some civil

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags
Business|Economy|Finance|Stock Markets|US

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook

United Airlines said on Wednesday it expected nearly $6 billion in additional fuel expense this year compared with what it estimated at the start of

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook
Economy|Europe|Political|US|World

Concerns grow about tariffs in US sanctions bill on Russia

Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it

Concerns grow about tariffs in US sanctions bill on Russia
Asia|Business|Economy|Finance|Stock Markets|US|World

US stocks rise within 0.5% of their record, even as oil prices keep climbing

U.S. stocks ticked higher following strong profit reports from big companies

US stocks rise within 0.5% of their record, even as oil prices keep climbing
Business|Economy|Finance|World

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune

Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Business|Economy|Travel

An empty middle seat is the latest perk United Airlines will offer on some flights

United Airlines is trying to attract flyers with another luxury: an empty middle seat

An empty middle seat is the latest perk United Airlines will offer on some flights
Arts|Business|Economy|Entertainment|Finance|Political|Technology

US agency to vote to end 39% local TV station ownership cap

The chair of the Federal Communications Commission said Wednesday the agency will vote to rescind the 85-year-old rule that bars broadcasters from

US agency to vote to end 39% local TV station ownership cap
Business|Economy|Political|Technology|World

Trump criticizes New York data center moratorium

U.S.

Trump criticizes New York data center moratorium
Business|Economy|Finance|Political|World

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency

Russell Vought, President Donald Trump's outgoing interim consumer finance watchdog, on Wednesday sparred with congressional Democrats over his

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency
Business|Economy

Brazil government now expects 2026 inflation to be above central bank's target

Brazil's government raised its inflation forecast for this year to 5.1% on Wednesday from 4.5% projected in May, putting consumer prices above the central bank's target

Brazil government now expects 2026 inflation to be above central bank's target
Business|Economy|Technology

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years

Amazon veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy, is

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years
Business|Economy|World

Economic activity rising and inflation easing slightly, Fed survey shows

Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on

Economic activity rising and inflation easing slightly, Fed survey shows
Business|Economy|Europe|Technology|World

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports

Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
Business|Economy|Finance

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Business|Economy|World

Some ships refusing US-military guided Hormuz transits after attacks, sources say

Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian

Some ships refusing US-military guided Hormuz transits after attacks, sources say
Business|Economy|Environment|Finance|World

Chile's Codelco expects flat copper output in coming years, chairman says

Chile's state-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairman Bernardo Fontaine said on

Chile's Codelco expects flat copper output in coming years, chairman says
Business|Economy|Political|US|World

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill

A Republican-controlled committee in the U.S.

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill
Business|Economy|Political|World

US says it issued sanctions to disrupt Iran's weapon procurement

The U.S government issued sanctions on Wednesday targeting individuals and entities that it said were a part of an international network helping Iran procure weapons.

US says it issued sanctions to disrupt Iran's weapon procurement
Business|Economy|Finance|Stock Markets|World

Wall Street banks point to resilient US consumer as loan growth picks up

Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest

Wall Street banks point to resilient US consumer as loan growth picks up
Asia|Business|Economy|Finance|Stock Markets|US|World

Stocks rise after soft US inflation reading with Middle East in focus

MSCI's global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong

Stocks rise after soft US inflation reading with Middle East in focus
Business|Economy|Europe|Technology|World

EU accepts action plan by Elon Musk's X to become more transparent

The European Union, which fined Elon Musk's social media network X €120 million ($137.2 million) last year, said on Wednesday it had accepted an action plan by X to

EU accepts action plan by Elon Musk's X to become more transparent
Business|Economy|Technology

PayPal can push Stripe to dig deeper in its wallet

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, July 15 (Reuters Breakingviews) - Stripe's digital deal wallet is a little light.

PayPal can push Stripe to dig deeper in its wallet
Business|Economy|Finance|Political|Stock Markets|US|World

Oil prices make small gain on smaller US inventory draw

Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging off a new wave of U.S. attacks against Iranian military

Oil prices make small gain on smaller US inventory draw
Business|Economy|Finance|US

Fed's Cook says she is prepared to act soon if inflation does not begin to slow

U.S.

Fed's Cook says she is prepared to act soon if inflation does not begin to slow
Business|Crime|Economy|Political

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women

Goldman Sachs senior counsel Kathryn Ruemmler told members of Congress in a closed-door hearing on Wednesday that if she had

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women
Business|Economy|Political|World

France faces debt surge unless spending curbed, report says

France faces a sharp deterioration in its public finances over the rest of the decade unless policymakers act quickly to curb spending, an independent report commissioned by

France faces debt surge unless spending curbed, report says
Business|Economy|Finance|Stock Markets|US

US money market funds turn defensive with Fed rate outlook uncertain

Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.

US money market funds turn defensive with Fed rate outlook uncertain
Business|Economy|Finance|Stock Markets

Citigroup estimates revised after bank flags higher expenses, stock tanks

Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half

Citigroup estimates revised after bank flags higher expenses, stock tanks
Economy|Election|Finance|Political|Stock Markets|US|World

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections

House Republicans have unveiled a $95 billion plan focused on boosting defense, aiding farmers and enacting stricter voter registration rules

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections
Arts|Business|Economy|Entertainment|Political|Technology|World

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal
Business|Crime|Economy|Finance|Political

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it
Business|Economy|Finance|World

IMF strategy chief calls for price stability, credibility in shock-prone world

The International Monetary Fund's strategy chief urged government officials on Wednesday to focus on medium-term fiscal frameworks and

IMF strategy chief calls for price stability, credibility in shock-prone world
Business|Economy|Finance|Health|Stock Markets

J&J medtech miss overshadows earnings beat

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second quarter, even as strong sales of Tremfya for

J&J medtech miss overshadows earnings beat
Business|Economy|Finance|Stock Markets

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment

Morgan Stanley beat Wall Street estimates for second-quarter profit on Wednesday, posting record revenue driven by strong deals activity, while

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment
Business|Economy|Science|Technology

Apple chasing AI chip company deals, The Information reports

Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the

Apple chasing AI chip company deals, The Information reports
Business|Economy|Finance|World

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside

U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside
Business|Economy|Finance|Stock Markets|World

Dollar falls after cooling producer prices, Middle East escalation in focus

The dollar fell against major currencies on Wednesday after softer-than-expected U.S. producer prices reinforced signs of easing inflation, bolstering

Dollar falls after cooling producer prices, Middle East escalation in focus
Business|Economy|World

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle

Brett Matsumoto, President Donald Trump's pick to head the U.S.

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle
Business|Economy|Finance|Stock Markets|World

Wall Street's investment banking machine firing on all cylinders

A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance.

Wall Street's investment banking machine firing on all cylinders
Business|Economy|Political|World

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports

Andy Burnham is set to name interior minister Shabana Mahmood as his finance minister when he becomes Britain's prime minister next week, the Financial Times reported on

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports
Business|Economy|Finance|Political|Stock Markets|US|World

White House weighs extending Jones Act waivers as Iran conflict raises price concerns

The White House is weighing another extension of waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises

White House weighs extending Jones Act waivers as Iran conflict raises price concerns
Business|Economy|Finance|US

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’
Economy|Political|US|World

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul
Business|Economy|US|World

Trump rescinds toll plan for ships in Strait of Hormuz

President Donald Trump on Tuesday rescinded the decision to impose a 20% toll for cargo moving through the Strait of Hormuz, saying it will be replaced by Gulf state investments in the US.

Trump rescinds toll plan for ships in Strait of Hormuz
Business|Economy|Science|Technology|World

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland

Amazon says that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland
Arts|Economy|Entertainment|Health

Biden will publish 'Promise Me, America' memoir after the November midterm elections

Former President Joe Biden plans to publish his memoir, "Promise Me, America," this fall

Biden will publish 'Promise Me, America' memoir after the November midterm elections
Business|Economy|Environment|Health|Sports|Travel

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up
Business|Economy|Europe|World

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway
Business|Economy|Finance|Stock Markets|Technology

Wall St opens higher as investors weigh earnings; PayPal jumps

Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on

Wall St opens higher as investors weigh earnings; PayPal jumps
Americas|Business|Economy|Finance|Stock Markets|World

Brazil services activity shrinks 0.4% in May, missing forecasts

Services activity in Brazil fell 0.4% in May from April on a seasonally adjusted basis, government statistics agency IBGE said on Wednesday, missing economists'

Brazil services activity shrinks 0.4% in May, missing forecasts
Business|Economy|Finance|Health|Science|Stock Markets|Technology

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug

Shares of Celcuity fell nearly 19% in morning trading on Wednesday, as the delayed commercial launch of its newly approved breast cancer drug and label concerns

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug
Business|Economy|Europe|World

Ukraine says it will protect ports to maintain export volumes after attacks

Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level, its deputy economy minister,

Ukraine says it will protect ports to maintain export volumes after attacks
Business|Economy|Environment|Europe|Technology|World

Five cloud business groups urge EU interim measures against Broadcom

The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend

Five cloud business groups urge EU interim measures against Broadcom
Business|Crime|Economy|World

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'

Warren Buffett said he found fellow billionaire Bill Gates’ association with the late sex offender Jeffrey Epstein “distasteful,” but decided to stop donating

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'
Business|Economy|Finance|Stock Markets

Conagra reviews non-core assets after slashing dividend, issuing weak outlook

Conagra Brands is reviewing its non-core assets, the packaged food maker said on Wednesday, after it issued a weak profit forecast and halved

Conagra reviews non-core assets after slashing dividend, issuing weak outlook
Business|Economy|Finance|Stock Markets|World

Bank of Canada holds rates, says the economy is growing again

The Bank of Canada left its benchmark overnight rate unchanged at 2.25% on Wednesday as widely expected and said growth would

Bank of Canada holds rates, says the economy is growing again
Business|Economy|Technology

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say

By Milana Vinn July 14 - Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Economy|Europe|Political|World

Merz reaches out to AfD voters before pivotal German regional election

German Chancellor Friedrich Merz appealed to supporters of the far-right Alternative for Germany (AfD) to judge his government on its merits ahead of an election in

Merz reaches out to AfD voters before pivotal German regional election
Business|Economy|Finance|US

Fed Chairman Warsh questioned about independence from Trump

Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.

Fed Chairman Warsh questioned about independence from Trump
Economy|Europe|World

Starmer says his political journey is over at his last question session as UK leader

Keir Starmer has answered questions from lawmakers in the House of Commons for the last time before leaving the British prime minister's office next week

Starmer says his political journey is over at his last question session as UK leader
Business|Economy|Finance|Political|Stock Markets|US|World

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
Business|Economy|Finance|Science|Technology

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half

Standard Nuclear slashed the size of its proposed U.S. initial public offering by more than 50% on Wednesday, joining a string of companies that have scaled back their valuation

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half