Business news

Business news • Jul 02

Wall Street Bets Rallying Markets Will Absorb Every Market Blow

Wall Street is kicking off the second half of 2026 with fresh conviction: shrugging off one shock after another, markets are set to grind even higher.

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Business news • Jul 02

Jersey Mike’s IPO illustrates how bad the AI hype has become

Just for kicks, I took a look at Jersey Mike's IPO documents. Surely a sandwich shop would have no need to mention AI. But lo and behold.

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Business news • Jul 02

SpaceX Stock: A ‘Catastrophic’ Valuation

Research firm Kailash Concepts has a warning for investors about SpaceX stock.

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Business news • Jul 02

Stock market today: Dow notches fresh record, S&P 500, Nasdaq fall as Tesla sinks, semiconductors extend decline

US stocks diverged on Thursday as investors assessed a June jobs report that tempered expectations for the next move for interest rates, and sell-off in the...

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Business news • Jul 02

New Jersey Becomes Latest State to Pass Law Against Surveillance Pricing

They're falling like dominoes now. New Jersey became the latest state to pass a bipartisan law banning surveillance pricing in grocery stores on Tuesday,...

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Business news • Jul 02

Will mail run Friday? Are post offices open? What’s USPS July 4th holiday schedule?

Independence Day falls on a Saturday this year but, for many, the holiday is more of a long weekend. That isn't the case for the U.S. Post Office,...

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Business news • Jul 02

Over half of NYC residents say electric bills are shockingly high as historic heatwave scorches city: poll

Only about half of New York City voters said they can run air conditioning without financial worry amid the heat wave, while nearly the other half must...

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Business news • Jul 02

Jim Farley Wants Ford’s Rivals Punished For Importing Nearly Half The Cars They Sell Here

Ford builds builds a vast majority of its vehicles in America and they want to be rewarded for that.

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Business news • Jul 02

Spotify removes streams of No. 1 song after suspicious Kalshi bets

Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.

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Business news • Jul 02

What are the investment options for Trump Accounts?

Trump Accounts launch July 4 with the State Street SPDR Portfolio S&P 500 ETF as the default investment. The Treasury Department plans to add more low-cost...

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Business news • Jul 02

Palantir CEO Says Some U.S. Government Customers Switched to Open Source AI

Like other software leaders these days, Palantir CEO Alex Karp is on a mission to convince businesses they need a trusted intermediary between their wallets...

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Business news • Jul 02

A warning sign about AI’s real cost, courtesy of Google and Amazon

AI has made it a lot harder for tech companies like Amazon and Google to deliver on their net-zero pledges.

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Business news • Jul 02

Amazon to start initial Leo internet service this year as network nears 400 satellites

By Joey Roulette WASHINGTON, July 2 (Reuters) - Amazon expects to roll out initial internet service with its Leo broadband satellite network later this year...

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Business news • Jul 02

OpenAI ‘in early talks to give 5% stake to US government’

CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says.

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Business news • Jul 02

Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut

Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday,...

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Business news • Jul 02

Opinion | Three Ways Trump Is Strangling Economic Growth

Despite the jobs numbers, the economy is deteriorating under Trump's policies.

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Business news • Jul 02

Man overrode Tesla’s self-driving mode, hit 73 mph before deadly Katy-area home crash, court docs say

HOUSTON — The driver accused of crashing a Tesla into a Katy-area home and killing a 76-year-old woman is now facing a manslaughter charge, according to a...

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Business news • Jul 02

Trump bought Apple, Nvidia and other tech giants before tariff reversal fueled rebound

The day before President Donald Trump walked back his tariff policy turned out to be one of his busiest days of 2025 for stock buying.

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Business news • Jul 02

Spotify Confirms Streaming Fraud After Kalshi Trader Cries Foul

One of Kalshi's most prominent traders tells WIRED he's swearing off Spotify-related markets until the issue is resolved.

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Business news • Jul 02

7-Eleven sues Nike over Air Max with Slurpee maker's colors

7-Eleven has sued Nike in federal court in Texas, accusing the sportswear giant of copying the convenience store chain's signature orange, green and ​red...

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