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Wall Street ends higher on cool inflation data, strong earnings

Wall Street ends higher on cool inflation data, strong earnings

Major U.S. stock indexes rose as favorable inflation data and positive corporate earnings reports drove investor optimism during the Wednesday session.

Business ·16 Jul 2026, 00:34 ·Elena Voss 3 min read
Oil prices climb as Iran threatens to block Middle East energy exports

Oil prices climb as Iran threatens to block Middle East energy exports

Oil prices rose on July 15, 2026, as renewed hostilities and a U.S. naval blockade of Iranian ports threatened global energy transit corridors.

Business ·15 Jul 2026, 12:33 ·Elena Voss 3 min read
Stripe and Advent propose $53 billion acquisition of PayPal

Stripe and Advent propose $53 billion acquisition of PayPal

Stripe and Advent International have submitted a joint proposal to acquire PayPal in a transaction valued at more than $53 billion. The offer arrives as PayPal navigates slowing growth and increased competition from rivals such as Apple Pay and Google Pay.

Business ·15 Jul 2026, 08:31 ·Elena Voss 3 min read
Taco Bell under investigation as health officials probe cyclosporiasis outbreak

Taco Bell under investigation as health officials probe cyclosporiasis outbreak

Health officials are investigating a cyclosporiasis outbreak across 34 states. While some patients reported eating at Taco Bell, no link has been confirmed.

Business ·14 Jul 2026, 23:34 ·Elena Voss 3 min read
Biogen tau-targeting Alzheimer’s drug slows cognitive decline in study

Biogen tau-targeting Alzheimer’s drug slows cognitive decline in study

Researchers have unveiled mid-stage trial results for diranersen, an experimental drug that reduces abnormal tau production in Alzheimer’s patients.

Business ·14 Jul 2026, 22:35 ·Elena Voss 3 min read
Nvidia halves Asia buyer list in China chip crackdown, FT reports

Nvidia halves Asia buyer list in China chip crackdown, FT reports

Nvidia is enforcing a new white-list protocol for Asian clients, conducting site visits and rigorous compliance reviews to ensure hardware remains within authorized parameters.

Business ·14 Jul 2026, 14:06 ·Elena Voss 3 min read
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz

Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz

Brent crude surged to its highest level in four weeks following the collapse of a US-Iran ceasefire and renewed attacks on commercial shipping in the Gulf.

Business ·14 Jul 2026, 07:35 ·Elena Voss 3 min read
Paramount Sued by 12 States in Bid to Block $111 Billion WBD Merger

Paramount Sued by 12 States in Bid to Block $111 Billion WBD Merger

A coalition of 12 state attorneys general is suing to block the $111 billion media merger, arguing the deal will stifle competition and increase consumer costs.

Business ·13 Jul 2026, 21:02 ·Elena Voss 3 min read
Oil Prices Surge as U.S.-Iran Escalation Rekindles Supply Fears

Oil Prices Surge as U.S.-Iran Escalation Rekindles Supply Fears

Brent Crude climbed above $79 per barrel as renewed military escalation between the U.S. and Iran sparked global concerns regarding oil supply security.

Business ·13 Jul 2026, 10:35 ·Elena Voss 3 min read
South African rand weakens as Middle East tensions rattle global markets

South African rand weakens as Middle East tensions rattle global markets

Heightened geopolitical instability in the Middle East is driving investors away from emerging markets, placing severe inflationary pressure on the South African economy.

Business ·13 Jul 2026, 09:36 ·Elena Voss 4 min read
OpenAI, Meta, SpaceXAI compete for more cost-efficient AI models

OpenAI, Meta, SpaceXAI compete for more cost-efficient AI models

The AI industry is pivoting from raw intelligence to operational affordability as leading labs compete for enterprise market share through lower token pricing.

Business ·13 Jul 2026, 05:36 ·Elena Voss 3 min read
Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap

Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap

Brent crude climbed over 3% following US military strikes and the revocation of Iranian oil sanctions waivers.

Business ·13 Jul 2026, 03:36 ·Elena Voss 4 min read
Americans fear outliving their savings more than death

Americans fear outliving their savings more than death

A growing majority of Americans report that the prospect of running out of money in retirement has become a greater concern than death itself. Driven by inflation and healthcare costs, many are now re-evaluating their financial strategies to address long-term security.

Business ·12 Jul 2026, 21:33 ·Elena Voss 3 min read
Apple sues OpenAI, accusing ChatGPT maker of stealing trade secrets

Apple sues OpenAI, accusing ChatGPT maker of stealing trade secrets

Apple filed a lawsuit against OpenAI and two former employees, alleging a systematic effort to misappropriate proprietary trade secrets to advance hardware goals.

Business ·11 Jul 2026, 23:34 ·Elena Voss 3 min read
Apple sues OpenAI and two former employees over trade secret theft

Apple sues OpenAI and two former employees over trade secret theft

Apple is suing OpenAI and two former staff members, alleging they misappropriated confidential manufacturing data and internal designs for hardware development.

Business ·11 Jul 2026, 05:01 ·Elena Voss 3 min read
Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets

Apple filed a lawsuit against OpenAI, alleging the company misappropriated confidential trade secrets and intellectual property through former employees.

Business ·11 Jul 2026, 04:02 ·Elena Voss 4 min read
SK Hynix shares jump 13% in massive $26.5 billion Nasdaq debut

SK Hynix shares jump 13% in massive $26.5 billion Nasdaq debut

South Korean chipmaker SK Hynix saw its American Depositary Receipts close at $168.01 on its first day of trading, marking the largest foreign IPO in U.S. history.

Business ·11 Jul 2026, 02:01 ·Elena Voss 3 min read
US gasoline prices reach $1.09 per liter as oil trades at $76.80 per barrel

US gasoline prices reach $1.09 per liter as oil trades at $76.80 per barrel

Renewed hostilities in the Persian Gulf have heightened global energy security concerns, driving up fuel costs as tanker traffic through the Strait of Hormuz declines.

Business ·11 Jul 2026, 00:07 ·Elena Voss 3 min read
Meta users can now opt out of allowing AI to reuse public Instagram photos

Meta users can now opt out of allowing AI to reuse public Instagram photos

Meta has introduced a feature that uses public Instagram photos as social context for AI-generated images. Users can adjust their privacy settings to restrict how their content is utilized by the tool.

Business ·11 Jul 2026, 00:02 ·Elena Voss 3 min read
EU threatens Meta with fines over addictive Facebook and Instagram features

EU threatens Meta with fines over addictive Facebook and Instagram features

European regulators have formally challenged Meta over features like infinite scrolling and autoplay, which the Commission claims foster compulsive use. The company faces potential fines if it fails to overhaul its engagement-driven design.

Business ·10 Jul 2026, 23:01 ·Elena Voss 3 min read