Business news

Business news • Jun 19

'They’re politically naive': The political fight behind Anthropic’s export controls

In an administration that rewards political deference, Anthropic's CEO has repeatedly clashed with the White House.

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Business news • Jun 19

SpaceX stock price drops after Cursor purchase. How low could it go?

Following SpaceX's IPO on June 12 — the biggest in history, which made Elon Musk a trillionaire — the stock price dipped just days later when the company...

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Business news • Jun 19

Billionaire Ambani wants AI in every call, app, and home

Reliance is weaving AI into telecom services used by more than 500 million people.

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Business news • Jun 19

Popular antidepressant recalled for high levels of a potentially cancer-causing chemical

(Gray News) — A popular antidepressant is being recalled for high levels of a potentially cancer-causing chemical. The recall is for nearly 360,000 bottles...

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Business news • Jun 19

The Costs of the Iran War: Thousands of Lives and Billions of Dollars

The human toll and economic costs mounted rapidly after the United States and Israel attacked Iran on Feb. 28.

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Business news • Jun 19

CISA Warns Fortinet Customers as FortiBleed Hits 86,644 FortiGate Devices

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Thursday urged Fortinet customers with FortiGate appliances to take steps to secure...

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Business news • Jun 19

Rates on New Student Loans Will Rise on July 1

Higher interest rates take effect on July 1 for the next school year. Borrowers are already dealing with rising college costs and inflation elsewhere.

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Business news • Jun 19

Senators Call On FCC To Prevent Paramount-WBD Merger From Closing

Three Democratic senators are calling on the FCC to bar the Paramount–Warner Bros. Discovery merger from closing until an agency review of foreign ownership...

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Business news • Jun 19

The Trump DOJ Is Trying to Do Elon Musk a Big Favor

This article is part of TPM Cafe, TPM's home for opinion and news analysis. It was originally published at Balls and Strikes. Since August of last year…

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Business news • Jun 19

Income needed to afford a median-priced home has nearly doubled since 2020, report finds

U.S. housing activity remains subdued as high costs suppress demand, according to a new Harvard report that finds existing home sales near a three-decade...

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Business news • Jun 19

How SpaceX benefits from its Cursor acquisition

SpaceX's SpaceXAI should get a solid boost from its Cursor acquisition, but it will still need to compete with rivals like OpenAI and Anthropic.

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Business news • Jun 19

Micron Stock Faces Tough Earnings Test. What History Says Happens Next.

Why Micron stock could be on course for a fall when it reports fiscal third quarter earnings after the market closes on Wednesday next week.

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Business news • Jun 19

‘It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

Guardian readers in the US share concerns about how the SpaceX IPO and AI boom affect their retirement accounts.

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Business news • Jun 19

Russian Central Bank Slashes Key Rate to 14.25%

Russia's Central Bank lowered its key interest rate from 14.5% to 14.25% on Friday, marking its ninth consecutive cut since beginning a policy of monetary...

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Business news • Jun 19

Report: iPhone 18 Pro Could Start at $1,399 Amid Price Hikes

Apple this week confirmed that price increases are coming across its lineup due to rising memory chip costs, and now The Wall Street Journal has published...

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Business news • Jun 19

Qantas Takes Away Legroom On World’s Longest Flight, Going Back On Promise

Qantas had been promising a new level of comfort on its new Airbus A350-1000ULRs. However, the airline is now taking away legroom in economy.

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Business news • Jun 19

World shares are mixed and US futures fall after a tech-led rally on Wall St

World shares are mixed, with markets in Greater China closed for holidays. U.S. futures declined as optimism over the U.S..

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Business news • Jun 19

Wall St Week Ahead Investors see Micron earnings as pulse check of AI rally momentum

Investors are seeking signs that the U.S. ​stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology...

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Business news • Jun 19

Gold Set for Third Weekly Loss as Fed Rate Outlook Supports Dollar

Gold prices moved lower in Asian trading on Friday and remained on course for a third consecutive weekly decline, as investors focused on the Federal...

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Business news • Jun 19

What's open and closed on Juneteenth 2026? Find out if banks, USPS and stores are operating.

Juneteenth will affect banking, mail service and financial markets, although retailers and restaurants are largely staying open.

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