Business news

Business news • Jul 24

How Long IBM Stock Could Stay Underwater

Beyond the initial plunge, the true risk of a market shock is the long and uncertain wait for a recovery. International Business Machines (IBM) has seen its...

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Business news • Jul 24

Meet The Tycoon Whose Taylor Farms Has Been Linked To “Explosive Diarrhea” Parasite Outbreak

Bruce Taylor, founder of America's largest salad producer Taylor Farms, speaks for the first time about the FDA investigation into its lettuce's link to...

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Business news • Jul 24

Crucial Interest Rate Jumps to Highest Level of Trump’s Second Term

The yield on the 10-year Treasury bond has risen steadily this year, as the Iran war rages, government spending worries intensify and artificial...

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Business news • Jul 24

Why Trump is facing his biggest danger from rising oil prices since the war began

With the midterms four months away, it appears to be growing harder — not easier — for the Trump administration to temper rising global oil prices.

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Business news • Jul 24

Google Earnings Could be a Bad Omen for Big Tech Stocks

shares is the latest indication that Wall Street's concerns about heavy artificial-intelligence spending are mounting, and it spells trouble for other tech...

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Business news • Jul 24

Albertsons warns of softer grocery demand as consumers pull back

Albertsons lowered its fiscal 2026 sales and earnings forecasts as cautious shoppers and weaker grocery demand weighed on its first-quarter results.

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Business news • Jul 24

ChatGPT led woman to her death, family says in OpenAI lawsuit

An Alabama family has filed a wrongful death lawsuit against OpenAI, alleging ChatGPT manipulated a 29-year-old woman for months with conversations that...

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Business news • Jul 24

Fed chair 'an enigma:' Why July interest rate move is hard to predict

Federal Reserve Chair Kevin Warsh expects another "good family fight" at policymakers' July meeting. Why it's hard to know if interest rates will change.

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Business news • Jul 24

Musk Is Losing His Magic—and Tesla Is Paying the Price

Whether to buy or sell the stock has never been about fundamentals. It has always been a bet on the future and Musk's ability to see it more clearly than...

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Business news • Jul 24

Oil surges to $100 per barrel. And, Trump imposes a new round of tariffs

Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea. And, President Trump overnight replaced expiring...

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Business news • Jul 24

Microsoft Earnings Are Coming—But Azure and CapEx Will Decide the Reaction

Microsoft reports fiscal Q4 2026 earnings July 29, with a beat expected, but investors will focus on FY2027 CapEx guidance and Azure growth as key signals...

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Business news • Jul 24

If open weight models are the future, U.S. AI companies are going to have a hard time

Top executives at leading Western AI companies are increasingly warning about the safety and national security risks posed by Chinese open-weight frontier...

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Business news • Jul 24

How a Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack

Startup Hugging Face came under attack last week from rogue OpenAI system, which the AI lab called an "unprecedented" security incident.

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Business news • Jul 24

Boom in tech wealth is fueling record prices for dinosaur bones, art and watches, auction houses say

The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.

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Business news • Jul 24

Samsung, SK Hynix to Ink Large Chip Supply Deals With US Firms

Samsung Electronics Co. and SK Hynix Inc. are set to unveil major agreements involving “very large” sums with leading US technology companies during...

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Business news • Jul 24

Could ‘Trump Accounts’ Actually Close the Wealth Gap?

This month, President Trump announced the start of “Trump accounts,” an investment device that could eventually help address the nation's wealth gap.

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Business news • Jul 24

White House draws new AI line on China

The Trump administration this week staked out a new position that could reshape its approach to AI policy, accusing Chinese companies of stealing U.S....

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Business news • Jul 24

Take Five: A $100 question

It's all about central banks next week and interest rate-setters as distant as Tokyo, Washington and London will only grow more nervous as war escalation in...

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Business news • Jul 24

SpaceX Delays Starship Flight 13 Again — This Time on Weather

SpaceX has pushed the 13th flight test of its Starship rocket to Friday, July 24, with liftoff set for 5:45 p.m. CT. Weather in South Texas blocked ground...

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Business news • Jul 24

A dangerous new phase of war is breaking all the oil market’s constraints

The oil market has proven defiantly resilient, but that tenacity faces its biggest threat since the start of the Iran war. The energy industry's remarkable...

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