Business news

Business news • Jun 08

Tech Slump, Iran Strikes, Inflation, SpaceX—This Week Could Make or Break Markets

The SpaceX IPO is here, Apple's second chance on AI plans, Iran war's next 100 days, and more news to start your day.

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Business news • Jun 08

Exclusive | Once on the Brink, U.S. Steel’s Oldest Plant Is Getting a Big Renovation

The project will increase production and extend the life of Pennsylvania steel mill.

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Business news • Jun 08

Combination of pancreatic cancer drugs from Tango, Revolution leads to high response rate

The two drugs, vopimetostat from Tango Therapeutics and daraxonrasib from Revolution Medicines, will now be tested in a Phase 3 trial.

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Business news • Jun 08

Second Ave Subway Project: Governor Hochul announces next phase of Second Avenue Subway expansion to 125th Street

Governor Kathy Hochul announced the next phase of the Second Avenue Subway, extending Q train service to 125th Street in East Harlem.

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Business news • Jun 08

Zealand Pharma Shares Slide After Boehringer Study Shows Obesity Shot’s Side Effects

Zealand Pharma shares fell sharply after partner Boehringer Ingelheim said nearly one-fifth of patients in a late-stage study for an experimental obesity...

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Business news • Jun 08

SpaceX Left California. Its IPO Payday Did Not.

The IPO should boost tax revenue in the Golden State because thousands of newly wealthy employees who live and work there face a “millionaires” tax.

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Business news • Jun 08

4 Changes to Both Medicare Part D and Medicare Advantage Taking Effect in 2026

Part of a stress-free retirement is knowing you can afford the cost of health care. Here are some upcoming changes to Medicare Part D and Medicare...

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Business news • Jun 08

Smartphones broke dating. AI might finish the job.

Global fertility rates are plunging, as marriage rates fall. Smartphones are a big reason why — and AI is about to make things worse.

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Business news • Jun 08

People love working from home. But does it love them back? A new study says no

A study finds that people in remote jobs are more socially isolated, anxious and sad compared to people not in remote jobs. But demanding everyone return to...

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Business news • Jun 08

Here's the Reality That Could Put Fed Chair Kevin Warsh on a Collision Course With Trump

Investors have some good options if the Warsh-led Fed makes an unpopular decision in the near future.

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Business news • Jun 08

Stock markets fall as concerns persist over tech firms at heart of AI boom

Drops follow sharp sell-off of US tech stock last week while oil prices seesaw after Iran and Israel exchange strikes.

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Business news • Jun 08

Novo Nordisk Weight-Loss Pill Prescriptions Hit Three Million Since Launch

More than 80% of the pill prescriptions are for patients new to GLP-1 drugs.

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Business news • Jun 08

Oil price falls back and Wall Street rallies after Iran announces ‘end of military operations’ against Israel – as it happened

Rolling coverage of the latest economic and financial news, as South Korea's KOSPI index slumps by 8%

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Business news • Jun 08

‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis

The Nasdaq's sudden lurch lower on Friday looked like a crack in a story that had seemed, until recently, almost bulletproof.

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Business news • Jun 08

All the Ways Europe Is Ditching American Technology

A WIRED timeline shows how dozens of governments, companies, and other organizations across Europe are moving, or planning to shift, away from US Big Tech.

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Business news • Jun 08

China exports set for strong May on front-loaded orders, chip demand: Reuters poll

BEIJING, June 8 (Reuters) - China's export growth likely strengthened in May, underpinned by a backlog of overseas orders brought forward to pre-empt energy...

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Business news • Jun 08

S&P 500 closes higher as chips stage a comeback, Iran stops strikes on Israel

Dow futures slipped Monday after Iran reportedly fired missiles at Israel, jeopardizing a fragile ceasefire and heightening uncertainty following last...

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Business news • Jun 08

SpaceX IPO will not break capital markets but add to strains

The writer is founding chair of Research Affiliates. Will the SpaceX initial public offering break capital markets? No, but it will test their resilience.

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Business news • Jun 08

Korean Stocks Tumble as AI Trades Unwind, Threatening Bull Run

South Korean stocks plunged, imperiling the world's biggest rally, as investors pulled back from artificial intelligence bets that have fueled the bull...

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Business news • Jun 08

Man’s Car Won’t Start After Oil Change At Dealership. Then Another Mechanic Checks—And Realizes It Was A Setup: ‘Isn’t Adding Up'

A man took his car to a dealership for service, and it later wouldn't start. Another mechanic discovered his starter had been sabotaged.

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