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

Economy

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
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|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|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|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|Stock Markets|World

Dollar hovers near one-month low as oil price risk lingers

The dollar edged higher against major peers on Thursday while remaining near a one-month low, reflecting expectations that the U.S. economy

Dollar hovers near one-month low as oil price risk lingers
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|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|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|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