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India Draws Investors Fleeing the Wild Swings of AI Stocks
India has emerged as a shelter for global investors rattled by sharp swings in artificial-intelligence stocks, with the NSE Nifty 50 posting steadier returns than most emerging-market rivals through the…
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China Courts European Business as U.S. Tariffs Rattle Washington’s Allies
Chinese Foreign Minister Wang Yi told one of Europe’s most prominent business families that China is open for their investment, using a meeting in Stockholm to pitch deeper economic cooperation…
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Sanctioned Nations Moved $104 Billion in Crypto Last Year, Report Finds
Governments and organizations under international sanctions moved roughly $104 billion through cryptocurrency in 2025, a nearly sevenfold increase that made sanctions evasion the single largest driver of illicit digital-asset activity,…
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New York Commits $1 Billion to Rebuild Aging Coney Island Boardwalk
New York City has committed more than $1 billion to fully reconstruct the century-old Riegelmann Boardwalk at Coney Island, a project city officials describe as both an economic-development engine and…
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Russia Pours Billions Into Catching SpaceX and Stumbles at the Start
Russia is spending enormous sums to build its own version of SpaceX, and the early results have been messy. The effort is led by Dmitry Bakanov, who has run the…
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Fruit sold at major grocery chain recalled after 12 sickened with E. coli
Consumers who shop at Publix are being urged to check their freezers after one lot of GreenWise Organic IQF Blueberries was voluntarily recalled over concerns it may be contaminated with…
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Microsoft cuts 4,800 positions, insists jobs ‘not being replaced by AI’
Microsoft said on Monday that it will eliminate roughly 4,800 jobs – or about 2.1% of its global workforce – as it restructures parts of the company to prioritize artificial…
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Hyundai Motor brings Boston Dynamics’ Atlas humanoid robot to FIFA World Cup in groundbreaking activation
As Norway and Brazil were set to get back to play in the second half at New York/New Jersey Stadium on Sunday, a special guest delivered the match ball to…
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Turkey’s ‘strategic triad’ gains sway in Trump’s Middle East policy, posing challenges for Israel
In the current strategic landscape of the Middle East, one of the most notable and insufficiently understood elements is the rising influence of Turkey, and of an emergent Sunni Islamic…
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Tesla Opens US Orders for Six-Seat Model Y L, Starting at $61,990
Tesla Inc. told buyers on Thursday that a bigger, three-row version of its best-selling SUV is finally on sale in the United States. In a post on its own social…
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Dow Tops 53,000 for First Time as Chip Stocks Rally and Oil Falls; S&P Up 0.5%, Nasdaq 0.7%
U.S. stocks opened higher Monday, July 6, in the first session after the July 4 holiday weekend, with the Dow Jones Industrial Average climbing past 53,000 for the first time…
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Tel Aviv University study reveals how tumors hijack immune cells to fuel cancer growth and spread
Researchers at Tel Aviv University’s Gray Faculty of Medical and Health Sciences have identified a mechanism by which cancerous tumors can redirect a normal immune system process to support tumor…
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Blackstone’s QTS Scraps 2,100-Acre Virginia Data Center After Residents’ Court Win
Blackstone Inc.’s data center arm QTS is walking away from what would have been the largest data center campus on earth. In a withdrawal notice filed at the Virginia Supreme…
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Trump rings NYSE, Nasdaq opening bells from White House to celebrate launch of Trump Accounts
President Donald Trump on Monday celebrated the launch of Trump Accounts by ringing the opening bells of the New York Stock Exchange and Nasdaq from the White House. Trump Accounts…
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Private Credit Funds Trap $14 Billion as Redemption Requests Overwhelm Withdrawal Caps
On Thursday, July 2, 2026, Blue Owl Capital told shareholders in two investor letters that it would again cap quarterly withdrawals at 5% from its two largest private credit funds,…
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Bullet-to-the-Head Trump Banner Leads Khamenei Funeral as Iran Vows Revenge
Iran turned the funeral procession of Ayatollah Ali Khamenei through Tehran on Monday, July 6, into a mass call for revenge against the United States and Israel, with the day’s…
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EasyJet Board Backs Castlelake’s £5.2 Billion Cash Takeover Bid
EasyJet said on Sunday it has agreed in principle to a takeover by Castlelake, the U.S. investment firm, capping weeks of resistance with a cash deal that values the British…
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How New York’s ‘summer camp kings’ left Israeli investors burned
The sudden collapse of summer camp company Simad Holdings, whose owners had emptied it of its cash, struck Tel Aviv investors with dismay. Towards the end of May, less than…
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Trump Bought Apple, Nvidia and Other Tech Giants Day Before Tariff Pause, Filing Shows
President Donald Trump made 327 individual stock purchases on April 8, 2025, worth as much as $12.8 million, one day before he announced a pause on his sweeping tariffs and…
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Inflation Report Due Tuesday Expected to Show Prices Still Running Above the Fed’s Target
The U.S. Bureau of Labor Statistics (BLS) is scheduled to release its June Consumer Price Index (CPI) on Tuesday, July 14, at 8:30 a.m. Eastern, giving Americans a fresh look…
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Wall Street Bets Rising Markets Will Shrug Off Every Shock in Second Half
The Labor Department reported on Thursday that U.S. employers added just 57,000 jobs in June, well short of the roughly 115,000 economists had expected, while May’s gain was revised down…
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Sprawling Insider Trading Case Ends With Few Traders Behind Bars
A global insider trading ring that federal prosecutors in Manhattan once billed as a signature white-collar takedown has wound down with almost no one going to prison, capped last month…
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Trump Discloses $10.7 Million Amazon Fee as Bezos Shifts From Foe to Ally
President Donald Trump reported a $10.71 million licensing fee from Amazon’s film studio in a federal financial disclosure released Tuesday, a filing that put a hard dollar figure on one…
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Canada and Alberta Advance $44 Billion Pacific Oil Pipeline to Asia
On Thursday, July 2, 2026, the Government of Canada announced that Prime Minister Mark Carney will refer Alberta’s proposal for a new West Coast oil pipeline to the federal Major…
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Finnish Quantum Firm IQM Slips on Nasdaq Debut After $1.8 Billion SPAC Deal
The race to commercialize quantum computing reached another milestone Thursday as IQM Quantum Computers made its public market debut, but investors gave the Finnish technology company a cautious welcome. Shares…
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DOGE website deactivates after reaching self-termination deadline: ‘Come to an end’
The temporary organization behind the Department of Government Efficiency reached its scheduled termination date Saturday, July 4, 2026. President Donald Trump’s executive order last year creating the U.S. DOGE Service…
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NYC Braces for Flash Flooding as Storms Threaten Monday Commute and Businesses
New York City’s government moved into full emergency footing this week after the National Weather Service (NWS) warned that heavy rain and thunderstorms would sweep the region from Sunday evening…
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Lockheed Martin Leads $3.5 Billion Race to Buy Navy Submarine-Hunter Ultra Maritime
Lockheed Martin, the world’s largest defense contractor, has pulled ahead in the race to buy Ultra Maritime, a naval-defense specialist, in a deal worth about $3.5 billion, CNBC reported Monday,…
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Iran plans to charge service fees in Strait of Hormuz despite Donald Trump claiming otherwise
The Islamic Republic intends to charge fees to ships crossing the Straight of Hormuz, offering exemptions to “friendly nations,” officials announced this weekend, despite US President Donald Trump claiming late…
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Sunday World Cup Crowds Meet New Jersey’s Power and Transit Crisis
New Jersey entered one of the busiest days of the July Fourth holiday weekend on Sunday with thousands of homes still without electricity, major commuter rail disruptions and a global…
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New Iowa State Study Finds AI Writing Requires More Thinking, Not Less
A new peer-reviewed study of 38 college students found that writing with artificial intelligence takes more mental effort than writing without it, not less — a conclusion that challenges a…
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Oil Tankers Cross Along Oman’s Coast After U-Turns Amid Security Threats
Oil and gas tankers resumed sailing through the Strait of Hormuz on Sunday, July 5, after an alarming series of unexplained U-turns raised fresh fears that one of the world’s…
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Veterans are using this homebuying benefit more often — but many still don’t know it exists
VA loans are becoming a more common path to homeownership as elevated home prices and mortgage rates squeeze buyers — but many veterans and service members still do not fully…
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Why mortgage rates are rising, not falling, with oil under $70
Oil prices are under $69 while mortgage rates are near yearly highs. For some observers that might seem very odd, but for me it makes sense. During the Iran conflict,…
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Soft Jobs Report, Fed Minutes and Delta Earnings Could Set the Market’s Direction This Week
A disappointing June jobs report, fresh insight from the Federal Reserve, a sharp pullback in semiconductor stocks and the unofficial start of earnings season are poised to shape Wall Street…
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Turkey Eyes F-35 Jets and GE Engines as Trump Meets Erdogan at NATO Summit
President Donald Trump is heading to next week’s NATO Summit in Turkey hinting he may hand host Recep Tayyip Erdogan a long-sought prize: American fighter jets. Asked last week whether…
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New Jersey to Charge Big Employers Up to $725 per Worker on Medicaid
Large employers in New Jersey will soon face a new annual fee if significant numbers of their workers receive health coverage through Medicaid instead of employer-sponsored insurance, creating a new…
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BMW North America CEO touts ‘long game’ in US as $1.7B South Carolina EV expansion takes shape
BMW is “here for the long game” in the U.S. as it completes a $1.7 billion South Carolina investment and prepares to build fully electric vehicles at its largest plant,…
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Dish DBS Files for Bankruptcy After $23 Billion AT&T Spectrum Deal Stalls
Satellite television provider Dish DBS filed for Chapter 11 bankruptcy protection on Tuesday, its parent company EchoStar Corporation announced, after a delayed $23 billion sale of wireless airwaves to AT&T…
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Iran Reportedly Expands Secret Nuclear Site Ahead of New Talks
Crude oil settled near its lowest level since before the Iran war even as a Washington research group warned that Tehran has quietly continued building an underground complex that could…
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Contractors Win Billions as U.S. Races to Build $46 Billion Border Smart Wall
America’s southern border is becoming one of the federal government’s biggest construction and technology projects, creating billions of dollars in new business for defense contractors, surveillance companies, and infrastructure builders.…
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Families Cut Costs on Summer Trips as Airfares Climb 27 Percent
American families are refusing to abandon their summer vacations, but they are aggressively cutting how much they spend to make the trips happen, according to a survey conducted by YouGov…
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SpaceX Sets Its Sights on America’s $1.6 Trillion Wireless Market as Starlink Challenges AT&T, Verizon and T-Mobile
SpaceX is preparing to take on some of the biggest names in American telecommunications, signaling that its Starlink satellite business may soon compete directly with AT&T, Verizon, and T-Mobile in…
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US Apartment Rents Climb a Fifth Straight Month, Hitting $1,385 in June
Finding an apartment is getting a little more expensive again this summer, but renters are still in a better position than they were a year ago thanks to a record…
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Biden-era illegal immigration drove up housing costs, Fed economists find
A new Federal Reserve working paper found the record surge in illegal immigration during the Biden administration triggered higher home prices and rents. The findings arrive as immigration remains a…
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Trump Says He Expects Musk to Donate SpaceX Stock to Trump Accounts
President Donald Trump said Thursday that he expects Elon Musk to donate shares of SpaceX to a new government-backed savings program for American children known as Trump Accounts, a move…
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Fourth of July Cookout Costs Hit Record $73.82 as Beef Prices Push Holiday Meals Higher
Families planning to celebrate Independence Day this weekend will likely notice a familiar trend at the grocery store: the traditional backyard cookout is more expensive than ever. According to the…
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World Cup Sets All-Time Attendance Record With 4.6 Million Fans
The 2026 FIFA World Cup has shattered soccer’s all-time attendance record, with packed stadiums across the United States, Canada and Mexico drawing unprecedented crowds and delivering a major economic boost…
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Trump Rolled Out the Red Carpet for Crypto. Bitcoin Is Crashing Anyway.
Bitcoin sank below $59,000 this week, its weakest level since September 2024, capping a brutal stretch that has cut the price in half despite a Washington that has never been…
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Oil prices hover near pre-conflict levels as OPEC+ boosts output again
Oil prices hovered near pre-conflict levels Sunday after OPEC+ agreed to increase production again, adding to global crude supplies as exports through the Strait of Hormuz continued to recover following…
2026-03-11