U.S. World Business Lifestyle
Today: July 16, 2026
Today: July 16, 2026

Economy

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|Election|Political|US|World

US networks face dilemma over whether to air Trump's election security speech

U.S. television networks are weighing whether to carry a planned primetime address on Thursday by President Donald Trump, who is expected to focus his

US networks face dilemma over whether to air Trump's election security speech
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
Economy|MidEast|Political|World

Iran and US step up attacks, release of American in dispute

Iran and the United States exchanged intensifying fire on Thursday in a week-long escalation that has largely

Iran and US step up attacks, release of American in dispute
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
Business|Economy|Political|World

Brazil calls Trump’s 25% tariff unjustifiable, vows to impose reciprocal tariffs

Brazil has criticized a new U.S. tariff on certain Brazilian imports and says it plans to impose reciprocal tariffs

Brazil calls Trump’s 25% tariff unjustifiable, vows to impose reciprocal tariffs
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|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|Environment|Political|World

Oil prices dip but hold near highest in a month on Middle East tensions

Oil prices fell about 1% on Thursday but remain near the highest since mid-June as the Iran war escalated, with Tehran asking Yemen's Houthi

Oil prices dip but hold near highest in a month on Middle East tensions
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|Environment|Political|World

US imposes new 25% tariffs on Brazil, expands exemptions list

The U.S. has announced 25% duties on many imports from Brazil, while unveiling a broader-than-expected list of exemptions, reviving a

US imposes new 25% tariffs on Brazil, expands exemptions list
Business|Economy|World

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

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: Reuters poll
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
Asia|Business|Economy|Finance|Stock Markets|Technology|US|World

Chipmakers put pressure on equity indexes globally, oil edges down

Tech-heavy equity indexes around the world fell on Thursday as investors offloaded chip stocks, while oil futures gave up earlier

Chipmakers put pressure on equity indexes globally, oil edges down
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