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Amazon Expands Project Kuiper as Satellite Internet Race With Starlink Intensifies
Amazon is accelerating the global rollout of its Project Kuiper satellite internet network, expanding its challenge to SpaceX’s Starlink as the battle to provide high-speed broadband from space enters a…
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Major retailers open for July 4: Here’s where you can shop and eat on America’s 250th birthday
As Americans gear up to celebrate America’s 250th birthday, many major retailers and restaurants will stay open, close or operate with reduced hours on July 4. Big-box and grocery stores,…
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USDA Puts Up $500 Million to Fast Track American Fertilizer Plants
The U.S. Department of Agriculture is launching a major effort to boost domestic fertilizer production, announcing $500 million in new funding to help build and expand fertilizer manufacturing plants across…
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Khamenei Funeral Opens With Vengeance Vows as Washington Eases Iran Oil Sanctions
The body of Iran’s slain Supreme Leader Ayatollah Ali Khamenei was laid in state at Tehran’s Grand Mosalla Mosque on Friday, July 3, opening six days of ceremonies that Iranian…
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Rivian Lifts 2026 Delivery Forecast After Q2 Beat, Sending Shares Up 13 Percent
Rivian Automotive reported Thursday from its headquarters in Irvine, California, that it delivered 12,194 electric vehicles during the second quarter while producing 12,613 vehicles at its manufacturing plant in Normal,…
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Virginia county urges power saving measures amid 25% electricity rate hike, data center growth
John Vithoulkas, the County Manager in Virginia’s Henrico County, is asking county employees to cut back on power usage as electricity rates soar 25% across Virginia, the state with by…
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Trump Accounts Partner With Goldman Sachs to Offer Investment Portfolios for Children
The U.S. Treasury Department and Goldman Sachs Asset Management announced Thursday that Goldman will become one of the first major financial firms to participate in the new Trump Accounts savings…
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US Declines to Renew USMCA, Triggering Annual Reviews of $2 Trillion Trade Pact
The United States will not renew the United States-Mexico-Canada Agreement (USMCA) in its current form, setting in motion a series of annual reviews that could reshape North America’s trading relationship…
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Dave Portnoy reveals he is losing millions in brutal Bitcoin crash
Dave Portnoy says his latest Bitcoin investment has become an expensive lesson in timing, with the Barstool Sports founder revealing he is down millions but still has no plans to…
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Tesla Delivers 480,000 Vehicles in Q2 Rebound but Shares Drop 7 Percent
Tesla reported from its Austin, Texas headquarters on Thursday that it delivered 480,126 vehicles worldwide during the second quarter while producing 451,758 vehicles, comfortably beating Wall Street expectations. Despite the…
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Ford rolls into nation’s capital with historic car showcase celebrating America’s 250th
Ford is turning one of Washington, D.C.’s busiest transit hubs into a showcase of American industry, innovation and horsepower for the nation’s 250th birthday. The automaker has opened “Driving America…
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EU Top Court Upholds $4.7 Billion Google Android Fine, Ending Eight-Year Fight
The European Court of Justice, the European Union’s highest court, ruled Thursday that Alphabet and its Google unit must pay a €4.1 billion ($4.67 billion) antitrust penalty, dismissing the company’s…
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Iraq PM’s anti-corruption raids test resolve against Iran-backed power networks -analysis
Iraqi security forces arrested politicians and senior officials in overnight raids inside Baghdad’s fortified Green Zone earlier this week, in one of the most visible anti-corruption operations Iraq has seen…
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Zillow injunction hearing opens in MRED antitrust case
A two-day hearing regarding Zillow’s preliminary injunction motion in its ongoing antitrust battle with Midwest Real Estate Data (MRED) and Compass International Holdings kicked off Wednesday morning in federal court…
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Trump Defends Family Business Dealings After $1.4 Billion Crypto Disclosure
President Donald Trump on Thursday defended his family’s sprawling business interests and his children’s commercial activity, waving off conflict-of-interest concerns days after a federal ethics filing showed he earned more…
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Microsoft eyes another wave of layoffs that could hit 5,000 workers next week
Microsoft is expected to lay off up to 2.5% of its workforce as early as next week. The cuts, which could affect 5,000 employees, may impact sales, consulting and the…
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Surprise rival knocks Costco’s famous rotisserie chicken off its perch as best bird
Costco’s iconic $4.99 rotisserie chicken has earned a cult-like following among shoppers for years, but Consumer Reports says Sam’s Club now has the best bird in the warehouse club business.…
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Apple Seeks Access to Chinese Memory Chips as AI Boom Pushes Device Prices Higher
A global shortage of memory chips has grown severe enough that Apple is pursuing suppliers it would normally avoid. According to reporting published Wednesday, July 1, by Bloomberg, the iPhone…
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Tesla deliveries beat forecasts as Europe’s rebound brightens outlook
Tesla reported strong second-quarter deliveries Thursday, blowing past Wall Street expectations as a rebound in Europe helped fuel hopes that the electric vehicle maker can return to annual growth. The…
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FDA upgrades popular potato chip recall to highest risk over salmonella
The Food and Drug Administration has upgraded a recall of certain Utz Quality Foods potato chips to its highest risk classification, warning consumers ahead of the Fourth of July holiday…
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Korea’s Kospi Plunges Nearly 8% as Samsung, SK Hynix Lead Global Chip Selloff
South Korea’s benchmark Kospi index suffered one of its sharpest declines in years on Thursday, closing down 655.32 points, or 7.89%, at 7,648.09, after a broad selloff in global semiconductor…
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World Cup Could Add 40,000 Jobs to June Payrolls, Goldman Says
The world’s biggest sporting event may also give America’s job market an unexpected boost. According to a new forecast from Goldman Sachs, the FIFA World Cup could add approximately 40,000…
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What are the investment options for Trump Accounts?
The Treasury Department on Wednesday announced the lineup of investment funds that will be available in Trump Accounts for families to choose from in the months ahead as they use…
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Ahmed Bin Sulayem Endorsed to Lead World Diamond Federation at 41st Singapore Congress
David Troostwyk, Vice President of the London Diamond Bourse, this week called on the presidents of the world’s diamond bourses to elect Ahmed Bin Sulayem as the next President of…
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Walmart and CVS Help Seniors Tap New Medicare Obesity Drug Coverage
A major change in health coverage took effect Wednesday, July 1, and two of the country’s largest retailers are stepping in to help seniors make sense of it. For the…
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Ukrainian Drone Strikes Plunge Russia Into a Summer Fuel Crisis
Lines are stretching for hours at gas stations across Russia, and frustration is mounting as months of Ukrainian drone attacks on oil refineries have disrupted fuel supplies across the country.…
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Traders Bet Inflation Has Peaked as Energy Prices Retreat
For months, rising prices have squeezed American households, driven largely by an energy shock tied to the war with Iran. Now, with oil and gas costs falling in the wake…
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New York Businesses Face 11% Con Edison Rate Hike as Heat Hits 100 Degrees Today
New York City’s electric utility, Con Edison, spent Thursday working to keep its power grid stable as a dangerous heat wave sent temperatures to 100 degrees, the hottest conditions the…
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Trump’s New Firing Power Begins Reshaping Independent US Agencies
The consequences of a landmark Supreme Court decision are now spreading across the federal government. In a 6-3 ruling issued Monday in the case known as Trump v. Slaughter, Chief…
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Trump Says Outside Funds ‘Run My Money’ as Disclosure Shows Billions
President Donald Trump said Wednesday, July 1, that professional investment managers—not he—make decisions about his personal finances, responding to questions following the release of a financial disclosure that revealed one…
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Extreme heat drives record demand threat as America’s largest grid prepares emergency measures
America’s largest electric grid has secured emergency federal authority that could allow some data centers and other large electricity users with backup generators to temporarily reduce their power consumption as…
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Exxon Changes Its Name for the First Time in Decades After Texas Move
One of America’s most recognizable corporate names is officially changing. Exxon Mobil Corporation announced Wednesday that it will become ExxonMobil Holdings Corporation as part of its move to Texas, marking…
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California bans consumer-facing ‘sell by’ food labels under new law aimed at reducing waste
California’s standardized food date-labeling law took effect Tuesday, requiring food manufacturers that choose to display expiration-style dates on products sold in the state to use uniform language and prohibiting consumer-facing…
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Fed Chair Warsh Taps Top Bessent Aide as Adviser at Central Bank
A senior aide to Treasury Secretary Scott Bessent is moving to the Federal Reserve, a personnel change that strengthens ties between two of the nation’s most influential economic institutions. According…
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Downtown Brooklyn Macy’s to Be Redeveloped as Historic Store Makes Way for Entertainment Destination
One of Brooklyn’s best-known retail landmarks is entering a new chapter as the former Macy’s department store on Fulton Street prepares for redevelopment following its closure as part of the…
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Goldman Sachs to contribute $1,000 to Trump Accounts for eligible children of employees
Goldman Sachs on Thursday announced that it will make a matching contribution to Trump Accounts for eligible children of the firm’s employees. The company will make a one-time matching contribution…
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Oil Deepens Slide as Saudi Exports Reach 90% of Pre-War Levels
Oil prices extended their steep decline this week as more Persian Gulf crude found its way back to market, easing the supply fears that had driven prices above $120 a…
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US Car Payments Hit a Record $777 as Buyers Stretch Loans Longer
The cost of financing a new car in America keeps climbing to levels that would have stunned buyers just a few years ago. According to data released Wednesday by Edmunds,…
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Dow Jumps at the Open After June Jobs Report Cools Rate-Hike Fears
U.S. stocks opened higher Thursday after the Bureau of Labor Statistics reported that the economy added just 57,000 jobs in June, well below the roughly 113,000 economists had expected. The…
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Sweeping Student Loan Changes Take Effect for New Borrowers
Some of the biggest changes to the federal student loan system in years officially took effect Wednesday, July 1, changing how millions of future college students will borrow money and…
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US economy added jobs at a slower pace than expected in June
In June, the US market added tasks at a slower rate than anticipated. More details will be added to this story regarding the June 2026 jobs record. Despite rising inflation…
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BlackRock’s Private Credit Fund Chief Exits After Months of Losses
The executive running one of BlackRock’s troubled lending funds is on his way out, a departure that lands amid mounting losses and a federal investigation. According to reporting published Wednesday…
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Warriors Land Record $50 Million Jersey Deal With AI Firm Iren
The Golden State Warriors have signed the richest jersey sponsorship agreement in North American professional sports history, reaching a multiyear partnership with AI cloud-computing company Iren worth more than $50…
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Lawmaker Urges Federal Probe of “Rent Now, Pay Later” Fees
A member of Congress is calling on the federal government to investigate the fast-growing “rent now, pay later” industry, warning that many Americans may not fully understand the fees and…
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Tesla Deliveries Seen Rising About 3% as Global Sales Growth Cools
Tesla is expected to report a modest increase in second-quarter vehicle deliveries, according to analyst estimates compiled by Bloomberg, suggesting the electric vehicle maker continues to grow—but at a much…
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UPS says Boeing guidance led carrier not to adopt enhanced MD-11 inspections before fatal crash
UPS said it relied on Boeing’s assessment that a known engine mount issue did not pose a flight safety risk when it chose not to adopt enhanced inspections before last…
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Kroger to Buy Grocery and Pharmacy Chain Giant Eagle for $1.65 Billion
Kroger, the nation’s largest traditional supermarket operator, announced Wednesday that it has agreed to acquire Giant Eagle for approximately $1.65 billion, marking the company’s first major acquisition since its proposed…
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US Says 10 Million Barrels Now Flow Through Hormuz, Weakening Iran
Oil is moving again through the world’s most important energy chokepoint, and American officials say that is quietly stripping Iran of its biggest bargaining chip. According to a U.S. official…
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U.S. Manufacturing Slows in June as Factory Costs Ease and Inflation Pressures Cool
American manufacturing continued expanding in June, although at a slower pace than the previous month, while factory input costs declined sharply, offering encouraging signs that inflation pressures may continue easing.…
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South Korea Exports Jump 59% in June as AI Chip Boom Rolls On
South Korea’s exports surged again in June, powered by the same force reshaping factories and stock prices across the tech world: the planet cannot get enough memory chips for artificial…
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