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Today: July 16, 2026
Today: July 16, 2026

Economy

Business|Economy|Science|Technology|World

China's Xi to outline AI diplomacy vision at key Shanghai forum

Chinese President Xi Jinping is expected to outline an ambitious vision for China's role in global AI governance at a forum on Friday, as Huawei showcases

China's Xi to outline AI diplomacy vision at key Shanghai forum
Asia|Business|Economy|Finance|Stock Markets|Technology|US|World

Asian shares fall on chipmaker drag, bonds cheer cooler inflation

Asian shares fell on Thursday as a sell-off in chipmakers overshadowed stellar earnings from industry bellwether TSMC, while bonds benefited from another

Asian shares fall on chipmaker drag, bonds cheer cooler inflation
Business|Economy|Science|Technology

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy

Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring

Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
Asia|Business|Economy|Environment|World

Fewer vessels travel through Hormuz after US resumes blockade

Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries

Fewer vessels travel through Hormuz after US resumes blockade
Asia|Business|Economy|World

BOK hikes rates for first time in 3-1/2 years, signals more

South Korea's central bank raised its benchmark interest rate for the first time in three-and-a-half years on Thursday and flagged more to come

BOK hikes rates for first time in 3-1/2 years, signals more
Business|Economy|Environment|Political|World

US launches new round of tariffs with 25% tax on most Brazil imports

The United States will impose a 25% tariff on most imports from Brazil starting July 22, the U.S.

US launches new round of tariffs with 25% tax on most Brazil imports
Business|Economy|Finance|Stock Markets|Technology|World

This AI, it will make a profit, right?

A look at the day ahead in European and global markets from Stella Qiu The monstrous rally in Asian chipmakers this year is hitting a rocky patch.

This AI, it will make a profit, right?
Business|Economy|World

Japan household inflation expectations rise, build case for BOJ rate hikes

Japanese households' inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central

Japan household inflation expectations rise, build case for BOJ rate hikes
Asia|Business|Economy|World

China's record consumer defaults undermine Beijing's push to boost spending

Jack Chen has never defaulted on a loan since he began borrowing to cover expenses during his internship days, but his credit report now carries a red flag because of his

China's record consumer defaults undermine Beijing's push to boost spending
Economy|Environment|Science|Technology|World

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says

The full implementation of China's rare earth export restrictions could put $6.5 trillion of downstream production outside the country at risk, the International Energy

China's rare earth curbs endanger $6.5 trillion of Western industry, IEA says
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|Political|World

US military says it completed latest strikes on Iran, targets included Bandar Abbas

The U.S. military said late on Wednesday it completed its latest wave of

US military says it completed latest strikes on Iran, targets included Bandar Abbas
Business|Economy|Environment|Political|World

US launches multiple strikes on Iran, which retaliates against US targets in region

The U.S. launched two waves of attacks on Iran's coastal defenses and missile sites on Wednesday after reimposing a naval

US launches multiple strikes on Iran, which retaliates against US targets in region
Business|Economy|Environment|Travel|World

New Zealand, Fiji renew five-year partnership

New Zealand and Fiji signed a renewed five-year Duavata Partnership on Thursday, setting out cooperation priorities for 2026 to 2030 across trade, security, democracy,

New Zealand, Fiji renew five-year partnership
Business|Economy|Election|Finance|Political

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle

Election officials in Arizona's most populous county now agree on how to jointly oversee the vote

Top officials in Arizona's Maricopa County agree on how to oversee elections, ending a legal battle
Business|Economy|Finance|Stock Markets|World

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says

The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3% threshold and puts Premier Sanae

BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
Crime|Economy|Environment|Travel|World

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay

U.S. Coast Guard crews have suspended their search for three people missing after a boat sank in San Francisco Bay near Alcatraz Island

Search suspended for 3 missing after boat with family spreading ashes capsizes on San Francisco Bay
Business|Economy|Science|Technology|World

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'

JPMorgan Chase CEO Jamie Dimon said on Wednesday that risks posed by Anthropic's Mythos AI model are a "real issue" that the U.S. government is on top of, underscoring concerns

JPMorgan CEO Dimon says Anthropic's Mythos AI risks are a 'real issue'
Business|Crime|Economy|Environment|Science|Technology

Tesla driver accelerated into house in fatal Texas crash, NTSB says

The driver of a Tesla Model 3 that killed a 76-year-old woman when it ploughed into her home at high speed in Katy, Texas in June had overridden the

Tesla driver accelerated into house in fatal Texas crash, NTSB says
Business|Economy|Finance|Stock Markets

As Fed Chair Warsh sticks to policy silence, colleagues voice their views

Federal Reserve Chairman Kevin Warsh this week declared his determination to bring inflation down without hinting at how, even as colleagues publicly laid out their

As Fed Chair Warsh sticks to policy silence, colleagues voice their views
Business|Economy|Europe|MidEast|World

Airbus in talks to sell jets to Flynas, sources say

Airbus is in talks to sell more of its A330neo widebody aircraft to Saudi low-cost carrier Flynas, with an announcement possible as early as next week's Farnborough Airshow,

Airbus in talks to sell jets to Flynas, sources say
Asia|Business|Economy|Finance|Stock Markets

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll

Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher borrowing costs hurting

Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll
Business|Economy|Finance|World

New UK PM faces $440 billion fiscal problem, think tank says

Britain's public finances are losing around £330 billion ($442 billion) a year due to weak economic growth, population ageing and ill health, according to estimates from a

New UK PM faces $440 billion fiscal problem, think tank says
Business|Economy|Finance|US

US Mint will produce $1 coin with Trump's image, Treasury Secretary says

The U.S.

US Mint will produce $1 coin with Trump's image, Treasury Secretary says
Economy|Political|World

China and Xi are seen more favorably than the US and Trump in many nations, new survey says

The world has largely viewed the U.S. more favorably than China for years, but those opinions now have flipped in Beijing’s favor

China and Xi are seen more favorably than the US and Trump in many nations, new survey says
Business|Economy|Environment|US|World

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region

The Texas Parks and Wildlife Department says more than 40 people have been rescued from high waters as heavy downpours drenching South Texas continue to raise the risk of flash flooding

Flooding forces evacuations in parts of South Texas as slow-moving storms swamp the region
Business|Economy|Science|Technology

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades

The U.S. aviation sector urged Congress on Wednesday to provide $20 billion to complete a massive effort ​to modernize America's aging air traffic

US aviation industry urges Congress to provide $20 billion for air traffic control upgrades
Business|Economy|Environment|Political|US|World

US Senate undecided on bill to make daylight saving time permanent

The U.S.

US Senate undecided on bill to make daylight saving time permanent
Business|Economy|Environment|Political|World

Fujimori's mining push could spur unrest in Peru, study says

Peru's President-elect Keiko Fujimori could face new protests in mining areas as her government tries to spearhead large copper and other mining projects that

Fujimori's mining push could spur unrest in Peru, study says
Economy|Political|World

US House defeats bid to cut off Israel aid in vote dividing Democrats

The U.S.

US House defeats bid to cut off Israel aid in vote dividing Democrats
Business|Crime|Economy|Finance|World

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties

Goldman Sachs’ former top lawyer Kathryn Ruemmler is facing skepticism from lawmakers as she testifies about her ties to Jeffrey Epstein

Lawmakers cast doubt on Kathryn Ruemmler's testimony about Epstein ties
Business|Economy|Finance|US|World

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday

The U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday

US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday
Business|Economy|Political|World

Trump drifts into campaign topics while addressing defense technology gathering

President Donald Trump has addressed a defense summit at the U.S. Army War College, but he focused more on political themes than battlefield issues

Trump drifts into campaign topics while addressing defense technology gathering
Business|Economy|Finance|Stock Markets|US

Wall Street banks enjoy record windfalls from prime brokerage business

Wall Street's prime brokerage engine is humming and delivering handsome gains for the largest U.S. banks. 

Wall Street banks enjoy record windfalls from prime brokerage business
Business|Economy|Finance|World

OECD says global minimum tax boosted revenue, not job losses

(Corrects date in the first sentence to Wednesday not Tuesday.)

OECD says global minimum tax boosted revenue, not job losses
Business|Economy|Finance|Technology|World

Busiest US container port sets cargo record in June

The Port of Los Angeles, the busiest U.S. container seaport, said on Wednesday it set a June cargo record as shippers ranging from retailers to data

Busiest US container port sets cargo record in June
Business|Economy|Finance|Stock Markets|US

Wall St ends higher on cool inflation data, strong earnings

Wall Street stocks gained ground on Wednesday as softening inflation data and a robust beginning of second-quarter earnings season put

Wall St ends higher on cool inflation data, strong earnings
Business|Economy|Technology|World

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags

Airbus and Boeing have in recent weeks chartered one of the world's largest cargo planes to speed up shipments of aerostructures for some civil

Airbus, Boeing fly parts on giant Antonov jet to ease supply snags
Business|Economy|Finance|Stock Markets|US

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook

United Airlines said on Wednesday it expected nearly $6 billion in additional fuel expense this year compared with what it estimated at the start of

United warns of nearly $6 billion fuel hit as oil-price surge weighs on outlook
Economy|Europe|Political|US|World

Concerns grow about tariffs in US sanctions bill on Russia

Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it

Concerns grow about tariffs in US sanctions bill on Russia
Asia|Business|Economy|Finance|Stock Markets|US|World

US stocks rise within 0.5% of their record, even as oil prices keep climbing

U.S. stocks ticked higher following strong profit reports from big companies

US stocks rise within 0.5% of their record, even as oil prices keep climbing
Business|Economy|Finance|World

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune

Billionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein

Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Business|Economy|Travel

An empty middle seat is the latest perk United Airlines will offer on some flights

United Airlines is trying to attract flyers with another luxury: an empty middle seat

An empty middle seat is the latest perk United Airlines will offer on some flights
Arts|Business|Economy|Entertainment|Finance|Political|Technology

US agency to vote to end 39% local TV station ownership cap

The chair of the Federal Communications Commission said Wednesday the agency will vote to rescind the 85-year-old rule that bars broadcasters from

US agency to vote to end 39% local TV station ownership cap
Business|Economy|Political|Technology|World

Trump criticizes New York data center moratorium

U.S.

Trump criticizes New York data center moratorium
Business|Economy|Finance|Stock Markets|Technology

SpaceX shares slide below IPO price for the first time as blistering rally unravels

SpaceX shares dropped below their initial public offering price for the first time on Wednesday before closing just above that

SpaceX shares slide below IPO price for the first time as blistering rally unravels
Business|Economy|Finance|Political|World

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency

Russell Vought, President Donald Trump's outgoing interim consumer finance watchdog, on Wednesday sparred with congressional Democrats over his

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency
Business|Economy

Brazil government now expects 2026 inflation to be above central bank's target

Brazil's government raised its inflation forecast for this year to 5.1% on Wednesday from 4.5% projected in May, putting consumer prices above the central bank's target

Brazil government now expects 2026 inflation to be above central bank's target
Business|Economy|Technology

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years

Amazon veteran Dave Brown, a senior vice president in Amazon Web Services and member of the elite internal group advising CEO Andy Jassy, is

Amazon AWS executive and CEO advisor Dave Brown to leave after 19 years