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

Economy

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
Business|Economy|World

Economic activity rising and inflation easing slightly, Fed survey shows

Federal Reserve policymakers preparing for their next policy meeting in two weeks got a fresh snapshot on Wednesday of a broadly improving economy, with employment on

Economic activity rising and inflation easing slightly, Fed survey shows
Business|Economy|Europe|Technology|World

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports

Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.

Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
Business|Economy|Finance

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump

Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation

Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Business|Economy|World

Some ships refusing US-military guided Hormuz transits after attacks, sources say

Shipping companies are avoiding using a U.S. military-guided transit scheme through the Strait of Hormuz after a wave of Iranian

Some ships refusing US-military guided Hormuz transits after attacks, sources say
Business|Economy|Environment|Finance|World

Chile's Codelco expects flat copper output in coming years, chairman says

Chile's state-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairman Bernardo Fontaine said on

Chile's Codelco expects flat copper output in coming years, chairman says
Business|Economy|Political|US|World

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill

A Republican-controlled committee in the U.S.

US House panel unveils $95 billion plan to fund defense, parts of Trump's voter ID bill
Business|Economy|Political|World

US says it issued sanctions to disrupt Iran's weapon procurement

The U.S government issued sanctions on Wednesday targeting individuals and entities that it said were a part of an international network helping Iran procure weapons.

US says it issued sanctions to disrupt Iran's weapon procurement
Business|Economy|Finance|Stock Markets|World

Wall Street banks point to resilient US consumer as loan growth picks up

Wall Street's largest banks struck a reassuring tone on U.S. consumer health, citing steady spending, rising loan balances and healthy credit quality that suggest

Wall Street banks point to resilient US consumer as loan growth picks up
Asia|Business|Economy|Finance|Stock Markets|US|World

Stocks rise after soft US inflation reading with Middle East in focus

MSCI's global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong

Stocks rise after soft US inflation reading with Middle East in focus
Business|Economy|Europe|Technology|World

EU accepts action plan by Elon Musk's X to become more transparent

The European Union, which fined Elon Musk's social media network X €120 million ($137.2 million) last year, said on Wednesday it had accepted an action plan by X to

EU accepts action plan by Elon Musk's X to become more transparent
Business|Economy|Technology

PayPal can push Stripe to dig deeper in its wallet

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) By Karen Kwok NEW YORK, July 15 (Reuters Breakingviews) - Stripe's digital deal wallet is a little light.

PayPal can push Stripe to dig deeper in its wallet
Business|Economy|Finance|Political|Stock Markets|US|World

Oil prices make small gain on smaller US inventory draw

Oil prices rose slightly on Wednesday, reacting to stronger-than-expected inventory and largely shrugging off a new wave of U.S. attacks against Iranian military

Oil prices make small gain on smaller US inventory draw
Business|Economy|Finance|US

Fed's Cook says she is prepared to act soon if inflation does not begin to slow

U.S.

Fed's Cook says she is prepared to act soon if inflation does not begin to slow
Business|Crime|Economy|Political

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women

Goldman Sachs senior counsel Kathryn Ruemmler told members of Congress in a closed-door hearing on Wednesday that if she had

Goldman counsel Ruemmler says she would have reported Epstein if she knew he abused women
Business|Economy|Political|World

France faces debt surge unless spending curbed, report says

France faces a sharp deterioration in its public finances over the rest of the decade unless policymakers act quickly to curb spending, an independent report commissioned by

France faces debt surge unless spending curbed, report says
Business|Economy|Finance|Stock Markets|US

US money market funds turn defensive with Fed rate outlook uncertain

Money market funds are taking a more cautious approach in their portfolios, reflecting lingering uncertainty about the U.S.

US money market funds turn defensive with Fed rate outlook uncertain
Business|Economy|Finance|Stock Markets

Citigroup estimates revised after bank flags higher expenses, stock tanks

Analysts revised estimates for Citigroup on Wednesday after the bank's management surprised investors and forecast higher expenses in the second half

Citigroup estimates revised after bank flags higher expenses, stock tanks
Economy|Election|Finance|Political|Stock Markets|US|World

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections

House Republicans have unveiled a $95 billion plan focused on boosting defense, aiding farmers and enacting stricter voter registration rules

House Republicans unveil a $95 billion plan for the Iran war, farm aid and elections
Arts|Business|Economy|Entertainment|Political|Technology|World

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal

Paramount and Warner Bros. expect a delay in closing the deal
Business|Crime|Economy|Finance|Political

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it

Former Obama White House attorney says ‘it was a mistake’ to deal with Epstein and she regrets it
Business|Economy|Finance|World

IMF strategy chief calls for price stability, credibility in shock-prone world

The International Monetary Fund's strategy chief urged government officials on Wednesday to focus on medium-term fiscal frameworks and

IMF strategy chief calls for price stability, credibility in shock-prone world
Business|Economy|Finance|Health|Stock Markets

J&J medtech miss overshadows earnings beat

Johnson & Johnson said on Wednesday that its medical device unit underperformed in the second quarter, even as strong sales of Tremfya for

J&J medtech miss overshadows earnings beat
Business|Economy|Finance|Stock Markets

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment

Morgan Stanley beat Wall Street estimates for second-quarter profit on Wednesday, posting record revenue driven by strong deals activity, while

Morgan Stanley beats estimates on strong trading and dealmaking, bets on AI investment
Business|Economy|Science|Technology

Apple chasing AI chip company deals, The Information reports

Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the

Apple chasing AI chip company deals, The Information reports
Business|Economy|Finance|World

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside

U.S. producer prices unexpectedly fell in June, posting their biggest decline in 14 months amid a pullback in the cost of energy products, further

US producer prices post largest drop in 14 months; inflation risks still tilted to the upside
Business|Economy|Finance|Stock Markets|World

Dollar falls after cooling producer prices, Middle East escalation in focus

The dollar fell against major currencies on Wednesday after softer-than-expected U.S. producer prices reinforced signs of easing inflation, bolstering

Dollar falls after cooling producer prices, Middle East escalation in focus
Business|Economy|World

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle

Brett Matsumoto, President Donald Trump's pick to head the U.S.

Trump's pick to head Bureau of Labor Statistics clears key Senate hurdle
Business|Economy|Finance|Stock Markets|World

Wall Street's investment banking machine firing on all cylinders

A broad revival in investment banking is taking hold on Wall Street, fueled by a surge in IPOs, mergers and debt issuance.

Wall Street's investment banking machine firing on all cylinders
Business|Economy|Political|World

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports

Andy Burnham is set to name interior minister Shabana Mahmood as his finance minister when he becomes Britain's prime minister next week, the Financial Times reported on

UK's incoming prime minister Burnham to name Mahmood as finance minister, FT reports
Business|Economy|Finance|Political|Stock Markets|US|World

White House weighs extending Jones Act waivers as Iran conflict raises price concerns

The White House is weighing another extension of waivers allowing foreign ships to transport goods between U.S. ports as renewed conflict with Iran raises

White House weighs extending Jones Act waivers as Iran conflict raises price concerns
Business|Economy|Finance|US

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’

Elizabeth Warren blasts Kevin Warsh, saying he ‘seems to invite corruption’
Economy|Political|US|World

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul

Johnson unveils $95 billion plan for defense spending and Trump’s elections overhaul
Business|Economy|US|World

Trump rescinds toll plan for ships in Strait of Hormuz

President Donald Trump on Tuesday rescinded the decision to impose a 20% toll for cargo moving through the Strait of Hormuz, saying it will be replaced by Gulf state investments in the US.

Trump rescinds toll plan for ships in Strait of Hormuz
Business|Economy|Science|Technology|World

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland

Amazon says that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027

Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland
Arts|Economy|Entertainment|Health

Biden will publish 'Promise Me, America' memoir after the November midterm elections

Former President Joe Biden plans to publish his memoir, "Promise Me, America," this fall

Biden will publish 'Promise Me, America' memoir after the November midterm elections
Business|Economy|Environment|Health|Sports|Travel

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up

Anglers encouraged to catch, keep fish in Northern Colorado reservoir as water levels to dry up
Business|Economy|Europe|World

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway

Strait of Hormuz-style crisis looms for Russia as Ukraine forces shutdown of a key waterway
Business|Economy|Finance|Stock Markets|Technology

Wall St opens higher as investors weigh earnings; PayPal jumps

Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on

Wall St opens higher as investors weigh earnings; PayPal jumps
Americas|Business|Economy|Finance|Stock Markets|World

Brazil services activity shrinks 0.4% in May, missing forecasts

Services activity in Brazil fell 0.4% in May from April on a seasonally adjusted basis, government statistics agency IBGE said on Wednesday, missing economists'

Brazil services activity shrinks 0.4% in May, missing forecasts
Business|Economy|Finance|Health|Science|Stock Markets|Technology

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug

Shares of Celcuity fell nearly 19% in morning trading on Wednesday, as the delayed commercial launch of its newly approved breast cancer drug and label concerns

Celcuity shares fall as launch delay eclipses US approval for breast cancer drug
Business|Economy|Europe|World

Ukraine says it will protect ports to maintain export volumes after attacks

Ukraine will do everything possible to protect its seaports and guarantee grain exports at no less than last season's level, its deputy economy minister,

Ukraine says it will protect ports to maintain export volumes after attacks
Business|Economy|Environment|Europe|Technology|World

Five cloud business groups urge EU interim measures against Broadcom

The Cloud Infrastructure Services Providers in Europe (CISPE) has joined forces with four other trade groups to urge EU antitrust regulators to suspend

Five cloud business groups urge EU interim measures against Broadcom
Business|Crime|Economy|World

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'

Warren Buffett said he found fellow billionaire Bill Gates’ association with the late sex offender Jeffrey Epstein “distasteful,” but decided to stop donating

Buffett says his children are ready to distribute his fortune, calls Bill Gates' Epstein ties 'distasteful'
Business|Economy|Finance|Stock Markets

Conagra reviews non-core assets after slashing dividend, issuing weak outlook

Conagra Brands is reviewing its non-core assets, the packaged food maker said on Wednesday, after it issued a weak profit forecast and halved

Conagra reviews non-core assets after slashing dividend, issuing weak outlook
Business|Economy|Finance|Stock Markets|World

Bank of Canada holds rates, says the economy is growing again

The Bank of Canada left its benchmark overnight rate unchanged at 2.25% on Wednesday as widely expected and said growth would

Bank of Canada holds rates, says the economy is growing again
Business|Economy|Technology

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say

By Milana Vinn July 14 - Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments

Stripe, Advent offer to buy PayPal for more than $53 billion, sources say
Economy|Europe|Political|World

Merz reaches out to AfD voters before pivotal German regional election

German Chancellor Friedrich Merz appealed to supporters of the far-right Alternative for Germany (AfD) to judge his government on its merits ahead of an election in

Merz reaches out to AfD voters before pivotal German regional election
Business|Economy|Finance|US

Fed Chairman Warsh questioned about independence from Trump

Federal Reserve Chairman Kevin Warsh said the Fed will continue to set interest rates without considering politics during his first congressional testimony on Tuesday. Democratic Rep. Nydia Velázquez of New York asked the new Fed leader if he works for Trump, to which he responded: “We’re an independent central bank.” He reiterated that view in an exchange with Democratic Rep. Gregory Meeks of New York, who pressed Warsh on how he would respond if Trump “publicly pressures you to pursue a different course” than that warranted by economic data.

Fed Chairman Warsh questioned about independence from Trump
Economy|Europe|World

Starmer says his political journey is over at his last question session as UK leader

Keir Starmer has answered questions from lawmakers in the House of Commons for the last time before leaving the British prime minister's office next week

Starmer says his political journey is over at his last question session as UK leader
Business|Economy|Finance|Political|Stock Markets|US|World

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy

U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook

US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy