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The Latest Breaking News on Business

Dollar Falls as Stocks Rally and Crude Oil Retreats

The dollar index (DXY00 ) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency. Also, Thursday’s -2% fall in crude oil prices lowered inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for...

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Crude Oil Prices Slump on Limited Escalation of US-Iran Conflict

August WTI crude oil (CLQ26 ) on Thursday closed down -1.44 (-1.96%), and August RBOB gasoline (RBQ26 ) closed down -0.0647 (-2.00%). Crude oil and gasoline prices gave up an early advance on Thursday and fell sharply on speculation the escalation of hostilities between the US and Iran will be...

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Stryker's Quarterly Earnings Preview: What You Need to Know

Stryker is set to post its second-quarter results later this month, and analysts project a double-digit earnings growth.

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AI servers will consume more power than all conventional data center hardware combined by 2027 — global data center electricity consumption set to grow by 26% this year, Gartner forecasts

Global data center electricity consumption will grow 26% in 2026 to reach 565 TWh, up from 447 TWh in 2025.

Tom’s Hardware

Texas HOAs Must File Management Certificates Online—Boards Face $1,000 First-Day Penalty for Missing Deadline

A missed filing might not sound dramatic, but in Texas, it can turn into an incredibly expensive mistake. New requirements place a spotlight on HOA management certificates, and associations that ignore the rules could face penalties of up to $1,000 per day for failing to file required information online.

Everybody Loves Your Money

SK Hynix Stock Debuts for U.S. Investors Tomorrow. The DRAM ETF Could Be the Biggest Loser.

DRAM’s recent post-earnings stumble is a clear reminder that the memory space remains a highly volatile arena where yesterday’s winners can cool off in a hurry. SK Hynix’s U.S. listing only complicates that.

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Ford’s Q2 2026 Earnings: What to Expect

Ford will release its Q2 earnings report later this month, and analysts forecast a single-digit decline in the bottom line.

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Huntington Ingalls' Q2 2026 Earnings: What to Expect

Huntington Ingalls is set to announce its second-quarter earnings soon, and Wall Street expects a low single-digit decline in its profit.

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Hybrid‑work expert Nicholas Bloom says World Cup chaos and pricey commutes are turning July into the summer of remote work

The economist who has spent two decades studying remote work said most employers are never going back to a fully in-office set up.

Fortune

Airbnb buys $81M HQ in New York – after city’s strict clampdown on company’s short-term rentals

New York City’s 2023 short-term rental rules require hosts to register and limit Airbnb-style rentals, with city officials saying the restrictions protect housing and prevent illegal hotel operations

The Independent UK

Apple's Quarterly Earnings Preview: What You Need to Know

Apple is set to announce its third-quarter earnings later this month, and Wall Street expects a single-digit rise in its profits.

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Microsoft emissions surge 27% as AI buildout crimps climate goals

Microsoft's greenhouse gas emissions jumped 27 percent in its latest fiscal year, the tech giant disclosed Thursday, adding to a wave of worsening environmental reports from an industry racing to build AI infrastructure. The disclosure follows similar reports from Google and Amazon last week showing emissions surging 18 percent and…

The Economic Times

What to Expect From American Water Works’ Next Quarterly Earnings Report

American Water Works is set to report its second-quarter earnings soon, with Wall Street expecting low single-digit earnings growth.

Barchart

Constellation Brands: Beer Growth and Buybacks Mask Stock's Slump

Constellation Brands beat revenue but missed EPS estimates in fiscal Q1 2027, raised its full-year outlook, and continues trading near multi-year lows despite beer growth and shareholder returns.

MarketBeat

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Reason

Rhode Island Is Regulating Grocery Checkout Lines Now

A new law requires grocery stores to keep one staffed checkout open for every three self-checkout stations.

The Times of India

Airbnb was so broke in 2008 that its founders sold Obama and McCain cereal boxes just to keep the company alive long enough for investors to notice

In a bold and unconventional move, Airbnb's founders turned to selling novelty cereal boxes, including Obama O's and Cap'n McCain's, to generate essential funds for their fledgling startup. This unique marketing strategy not only brought in critical early revenue but also caught the eye of the media and potential investors,…

International Business Times UK

Bezos Seeks $10B for Blue Origin in First Outside Fundraising: SpaceX Is Worth Nearly 15 Times More

Jeff Bezos' Blue Origin seeks $10 billion in its first external funding round, marking a strategic shift as it aims to expand its space infrastructure amidst rising industry costs and stiff rivalry from SpaceX.

MarketBeat

Southwest MAX Incident Revives Headline Risk for Boeing and Airline Stocks

Two Southwest 737 MAX incidents renew scrutiny of Boeing stock even as production stabilizes, with rising jet fuel costs adding further pressure on Boeing and Southwest Airlines shares.

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Euronews

SK hynix: From near-collapse to a $1 trillion valuation and a Nasdaq listing

SK hynix, the South Korean chipmaker whose memory chips power AI data centres around the world, lists on the Nasdaq this week in one of the largest share sales in history, capping a journey from near-bankruptcy to a trillion-dollar valuation.

Barchart

Earnings Preview: What To Expect From IDEX Corporation’s Report

IDEX Corporation enters Q2 earnings with strong momentum, as Wall Street watches for another solid performance.

International Business Times UK

Retirement Costs by State: How Much Couples Need to Live Comfortably Across the US

A new analysis reveals that the retirement savings needed in the US varies significantly by state, with a difference of over $500,000 between the cheapest and most expensive states.

The Economic Times

Psychology says promoting the wrong people can lead to your best employees quitting sooner than you think and research explains why

Psychology suggests that perceptions of fairness play a powerful role in the workplace. When promotion decisions seem inconsistent or unfair, employees' motivation, trust, and sense of commitment can begin to erode. In many cases, talented people do not leave simply because they missed out on a promotion.

The Economic Times

This New York startup offers $18,000 housing stipend to live in one of America's most expensive neighbourhoods. But there's a catch

Rilla, an AI firm, offers employees an $18,000 housing stipend annually. This benefit helps offset high living costs in Brooklyn's Williamsburg neighborhood. The company also provides three meals daily and gym facilities for its staff. Employees generally work twelve-hour shifts for six days each week. This demanding schedule is part…

The Economic Times

PepsiCo bets on healthier products as inflation squeezes consumers; Q2 revenue tops estimates

PepsiCo reported strong second-quarter revenue, exceeding analyst expectations. Healthier product demand helped offset softer North America food sales during the period. The company maintained its full-year outlook despite anticipated cost inflation. Tariff refunds and productivity gains are expected to mitigate rising input costs. PepsiCo continues to see momentum in its…

International Business Times

Apple Commits Its Biggest U.S. Manufacturing Push Yet: What It Entails

Apple is deepening its investment in American chip manufacturing with a new multi-year agreement worth more than $30 billion with Broadcom, marking the largest U.S. manufacturing commitment in the company's history.

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