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The Latest Breaking News on Business

These five states offer the best terms for fast loans

Nearly 40 percent of Americans have a personal loan - and Midwest states is where that money will go the furthest

The Independent UK

What You Need To Know Ahead of Old Dominion Freight's Earnings Release

Old Dominion Freight is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.

Barchart

Microsoft joins AI-driven tech layoff wave with 4,800 job cuts

Microsoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant AI infrastructure spending. The company faces pressure to demonstrate returns from its substantial AI investments. Microsoft's Azure cloud business sees growth, but data center costs are impacting cash flows.…

The Economic Times

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SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's how

SK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The proceeds will fund semiconductor expansion, while the offering tests global appetite for high-growth AI infrastructure and chip companies.

The Economic Times

US service sector growth dips in June; employment rebounds after months of contraction

US services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment rebounded strongly, signaling continued labor market stability. While new orders decreased, order backlogs grew. Falling oil prices helped slow inflation, though underlying price pressures persist due to AI…

The Economic Times

It may be almost impossible to make data centers pay their ‘fair share’ of electricity costs

Many major tech companies have pledged to pay their fair share of the costs associated with generating and transmitting more electricity to serve large data centers. But ratepayers across the United States are worried about the potential costs they might have to bear. That’s because it’s not immediately clear how…

The Conversation

Rising healthcare costs are straining Texas businesses as the Legislature seeks solutions

Lawmakers and experts pin the blame for rising insurance costs on health companies consolidating and creating less competition.

The Texas Tribune

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Egg prices in USA artificially spiked? Three producers accused of price-fixing agree to pay $3.3 million, donate 53,000,000 eggs

America's egg supply chain is shaken as three major producers agree to a $3.3 million settlement and donate 53 million eggs. Accused of secretly coordinating bids to inflate prices, these companies allegedly manipulated a key industry benchmark, exacerbating the "egg price shock" beyond bird flu's impact. While denying wrongdoing, the…

The Economic Times

Boeing's new 737 assembly line starts moving in Everett

Boeing is launching a new 737 MAX assembly line in Everett, Washington, to boost production amid high global demand. This move aims to increase output from 42 to 47 jets monthly, with further increases planned as the company recovers from past production issues and safety concerns. The new line is…

The Economic Times

Gavin Newsom Slams Chevron, Says Gas Prices Still 'Elevated' Due to Trump's 'Reckless' Iran War: 'Skip the Brand Names'

Gov. Gavin Newsom (D-CA) has reaffirmed his call to snub energy giant Chevron Corp‘s (NYSE:CVX) gas stations, accusing oil companies of profiting from high costs as ordinary Americans continue paying more at the pump amid the Iran war.

Benzinga

Gold trades near two-week high on cooling US rate-hike bets

Gold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Reserve interest rate hikes. This cooling labor market data has led traders to scale back bets on a September rate increase. Investors are now keenly awaiting the Fed's…

The Economic Times

The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns

Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.

Fortune

Micron Risks Falling Out of the Trillion-Dollar Club. AMD Stock Has a Clear Path to Joining.

Micron's $1 trillion valuation is being tested as investors question how long AI memory shortages will last. AMD's broader AI business could help it reach the $1 trillion club, though both companies remain positioned for long-term growth.

Barchart

Gold and Silver Prices Update: Why Global Dealer Rosland Capital Filed for Bankruptcy

Rosland Capital, a major dealer in gold and silver, filed for bankruptcy amid soaring precious metal prices, revealing vulnerabilities in its business model and raising questions about the industry's stability.

International Business Times UK

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Latin Times

Latin America's Banks Have the Budget for Digital Assets; Only 14% Have a Product

Across Latin America, paying in digital dollars is no longer exotic. The everyday question was answered years ago: ordinary people already use them daily. The new debate, however, is whether their banks can keep up – and the region's own institutions just admitted they're struggling.

The Conversation

What everyone gets wrong about the modern job search — and what actually works

Job searching has never been more accessible — or more confusing. Platforms like LinkedIn, Indeed and employer career pages let candidates submit applications with just a few clicks. What happens after they click “submit,” however, has become fertile ground for misinformation.

The Free Financial Advisor

Average Cardholder Could Save $220 a Year Under CFPB’s New $8 Late-Fee Rule

Missing a credit card payment has always felt like a double punch. First comes the stress of paying late, then comes a fee that can make an already tight budget feel even tighter. The Consumer Financial Protection Bureau wants to change that by cutting the typical late fee from $32…

The Guardian - US

As auto costs rise, will the US miss the golden age of electric vehicles?

Shifting demands and political ideology have left the industry vulnerable to global competition from cheap Chinese cars

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news in one place.

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Fortune

Costco CEO promises the $1.50 hot dog isn't going away: 'The price will not change as long as I'm around'

The $1.50 combo hasn't changed since 1985. In a K-shaped economy where everything costs more, that's not just a deal—it's a statement.

The Economic Times

AI capex cycle likely to end with market pushback, not spending cuts: Jefferies

Global brokerage Jefferies suggests the AI investment boom might falter not due to tech giants cutting spending, but investor impatience for returns. A significant wealth transfer to North Asia, evident in surging Korean and Taiwanese market caps, highlights where AI capital is flowing. US hyperscalers' recent underperformance and increased debt…

The Independent UK

T-Mobile making major change to some of its oldest plans as customers could see their monthly bills increase

T-Mobile is retiring some of its ‘oldest plans’ with limitations like ‘slow data speeds’ and ‘limited premium data’

Benzinga

Kevin O’ Leary Says Elon Musk Has No Problem Walking Away From You Mid Conversation If He’s Bored — ‘I've Never Met Anybody Like Him’

Some people check their phone when a conversation drags. Elon Musk, according to Kevin O’Leary, may simply leave.

Barchart

AeroVironment Posted Solid Earnings and the Stock Reacted Sharply Higher. If You Can Tolerate Risk, Buy Here.

AeroVironment shares jumped 18.76% after posting strong fiscal Q1 2026 results with revenue of $641.6 million and an adjusted EPS beat.

Motor1

Man Comes In With 400 Credit Score. Then The Salesman Shows What Kind Of Car He Can Actually Get: 'Only Way To Get Approved...'

'Get something that's reliable.'

Barchart

Billionaire Mark Cuban Says He Got Rich And Drunkenly Bought A $125K American Airlines Lifetime Pass —‘I Called Them Up And Just Slurred My Words’

Mark Cuban revealed he drunkenly bought a $125,000 lifetime American Airlines pass after selling MicroSolutions, saying the purchase wasn’t about luxury—it was about buying back time.

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