Economy
Electrified cars drive Europe auto sales growth as Chinese brands gain ground
New car registrations in Europe rose sharply in June, with battery-electric vehicles surging 51%.
South Korea's Q2 GDP Grows 0.6% Quarter-on-Quarter, Beating Forecasts
The better-than-expected expansion.
Taco Bell offers $1 deals in bid to regain customers after cyclospora outbreak
The fast-food chain is introducing a $1 lettuce-free Enchirito, according to one report, to attract diners back following the health scare.
Steel Dynamics Q2 2026: Revenue Up 33%, Beats Forecast
The steelmaker's aluminum segment narrowed losses as improved steel pricing boosted profit.
Dubai Firm DP World Signs Deal for New Port Bypassing Strait of Hormuz
The two new container terminals on the UAE's eastern coast aim to provide an alternative route for global shipping traffic.
Southwest Airlines profit up 9%, Q3 outlook falls short of expectations
The airline reported a more than 9% rise in second-quarter profit but forecast third-quarter profit below expectations, with fuel costs cited as a reason by one source.
Middle East conflict fuels oil prices, stoking inflation fears
Higher crude costs and rising bond yields renew concerns about price pressures and possible interest rate hikes.
Proposed Crackdown Targets Megasize Retirement Accounts
Regulators aim to limit tax-sheltered savings that critics say allow the wealthy to bypass contribution caps.
EU Clears Paramount's Warner Bid, With Conditions; Deal Value Disputed
The European Commission approved the acquisition, but it faces a challenge from U.S. states and concerns about media independence.
Monday.com Stock Rises After Announcing 20% Workforce Reduction
The company is cutting about 630 jobs as it shifts focus to its AI Work Platform.
Teledyne Technologies Beats Q2 Estimates, Raises Profit Outlook
The company's earnings per share surpassed expectations by $0.49, and revenue also topped forecasts.
Judge rules Zelle must face New York attorney general's lawsuit over fraud
The ruling advances a case that could reshape how peer-to-peer payment platforms handle fraud liability.
Investor Warns AI Will Cause Unprecedented Natural-Gas Deficit
Chronometer Partners' Matthew Smith says markets are not prepared for the coming shortage.
ECB Expected to Hold Rates in July but Hike Still Possible, Analysts Say
While a rate hold is the baseline for Thursday's meeting, analysts at ING warn a surprise hike should not be ruled out and hawkish signals could emerge.
Aston Martin secures £550m debt financing to strengthen finances
The luxury carmaker's deal with HPS Investment Partners, a BlackRock-owned firm, aims to improve liquidity and balance sheet.
US Trade Representative Greer testifies before Senate on Trump's tariff plans
Jamieson Greer appeared before the Senate Finance Committee as the Trump administration pursues new tariffs on Canada and works to replace duties struck down by the Supreme Court.
Cal-Maine Foods stock is falling today
The company's share price is declining, with no further details confirmed yet.
Revolut valued at $115 billion in secondary sale
The UK-based fintech firm's valuation places it among Europe's most valuable private companies.
US SEC settles FOIA lawsuit with Coinbase over lost messages
The settlement includes a $150,000 payment and reforms to record-retention policies, reported by a Wall Street Journal op-ed.
Oil Prices Near $95 as US Insists Strait of Hormuz Is Open Amid Ship Attacks
Conflicting signals emerge as the United States maintains the waterway is navigable while attacks on vessels persist.
Reddit shares fall amid standoff over Google AI content deal
The stock dropped nearly 9% after reports that Reddit may not renew its agreement allowing Google to use its content for AI training.
EasyJet Shares Slump After Report on EU Ownership Rules Review
EU is preparing to review airline ownership rules, a move that may affect takeover bids.
Penske, Mitsui Offer to Take Penske Automotive Private
A $3.8 billion deal at $210 per share has been reported.
Global Oil Price Vaults Over $95 a Barrel as War Threats Intensify
Prices rose 4% to their highest in six weeks, driven by fears of conflict over key shipping routes.
US 30-Year Treasury Yield Near Longest 5% Streak Since 2007
The yield has remained above 5% for an extended period, approaching a milestone last seen before the financial crisis.
NovaGold to Buy Billionaire Paulson's Stake in Alaska Gold Mine
The acquisition will give NovaGold full ownership of the Donlin Gold project, which is described as a giant undeveloped bullion mine.
Yacht Charters in Mediterranean Cheaper This Summer, Brokers Say
Prices for July and August bookings have dropped 20% to 30% as brokers offer discounts.
German authorities search Deutsche Bank headquarters in tax probe
The search is linked to an investigation into suspected tax evasion at the bank.
GE Vernova Stock Falls After Earnings Miss
The company's shares dropped following a reported earnings miss.
AT&T tops wireless subscriber targets in Q2
The company's stock rose after earnings as it beat forecasts on subscriber growth, free cash flow, and profit.