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Today: July 29, 2026
Today: July 29, 2026

Economy

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US Democratic lawmakers press SEC to probe Trump Media's fast feed

Democratic Senators Elizabeth Warren and Adam Schiff have asked the U.S. securities regulator to probe whether Truth Social parent Trump Media's plan to

US Democratic lawmakers press SEC to probe Trump Media's fast feed
Business|Economy|Technology|World

Wall St falls ahead of Fed verdict, megacap earnings 

Wall Street's main indexes dropped on Wednesday as investors awaited the Federal Reserve's monetary policy verdict against the backdrop of an

Wall St falls ahead of Fed verdict, megacap earnings 
Business|Economy|Europe|World

Germany's ruling party appoints Merz ally as new faction leader

Germany's ruling conservatives voted on Wednesday to appoint an ally of Chancellor Friedrich Merz as the new parliamentary faction

Germany's ruling party appoints Merz ally as new faction leader
Business|Economy|Finance|Political|World

US issues new Iran-related sanctions targeting insurers, more tankers

The United States on Wednesday issued another round of Iran-related sanctions, taking aim at Iran's efforts to "monetize the

US issues new Iran-related sanctions targeting insurers, more tankers
Business|Economy|Environment|MidEast|Political|World

Explosions in Egyptian Mediterranean port blamed on drones in potential spread of war

Explosions hit a natural gas loading port on the Mediterranean Sea in Egypt on Wednesday, and British maritime security company Ambrey

Explosions in Egyptian Mediterranean port blamed on drones in potential spread of war
Business|Economy|Environment|Europe|Technology

Ferrari has already hit 2026 sales target for Luce EV, FT says

Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the Financial Times reported on Wednesday, citing people

Ferrari has already hit 2026 sales target for Luce EV, FT says
Business|Economy|Technology|World

Kia to invest $649 million to bring electric car production to Mexico

South Korea's Kia will produce and sell fully electric vehicles in Mexico, managing director for the company Horacio Chavez said on Wednesday.

Kia to invest $649 million to bring electric car production to Mexico
Economy|Europe|Interview|Lifestyle|Travel

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal

‘I have a lot more life here’: She couldn’t afford retirement in the US, so she relocated from California to Portugal
Business|Economy|Europe|Finance|Stock Markets|World

Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows

Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $

Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows
Business|Economy|Technology

SoFi's unchanged profit forecast tempers record quarter, revenue outlook lift

SoFi's unchanged 2026 profit outlook on Wednesday overshadowed a raise in the fintech's revenue growth forecast that topped Wall Street expectations and a market-

SoFi's unchanged profit forecast tempers record quarter, revenue outlook lift
Business|Economy|Finance|Health|Stock Markets|US

Biogen beats quarterly estimates as newer drugs drive growth

Biogen topped Wall Street estimates for second-quarter profit and revenue on Wednesday as growth from its rare-disease medicines outweighed declining sales of its

Biogen beats quarterly estimates as newer drugs drive growth
Business|Economy|Europe|World

Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%

German defence contractor Rheinmetall reported a stronger-than-expected second-quarter operating profit on Wednesday as booming demand for military equipment helped drive a

Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%
Business|Economy|World

Santander Brasil posts weakest profit since 2023; shares tumble as provisions rise

Banco Santander Brasil on Wednesday reported its weakest quarterly profit and profitability since late 2023, missing market

Santander Brasil posts weakest profit since 2023; shares tumble as provisions rise
Business|Economy|Science|Technology|World

As AI reshapes newsrooms, leading media outlets are charting different paths for its use

From the BBC’s implementation of AI guardrails to Reuters’ embrace of AI tools to disseminate breaking financial news, newsrooms’ missions and values are shaping their technological futures.

As AI reshapes newsrooms, leading media outlets are charting different paths for its use
Economy

US profit growth mushrooms

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets In a clear illustration of just how high the bar is for Big Tech to

US profit growth mushrooms
Business|Economy|Science|Technology|World

US to award GlobalFoundries $300 million to develop faster AI chip links

GlobalFoundries said on Wednesday the U.S. government will award $300 million to the chipmaker to bolster research and development of silicon photonics technology to power more

US to award GlobalFoundries $300 million to develop faster AI chip links
Business|Economy|Finance|Stock Markets|Technology

What are credit default swaps and why are they spooking AI investors?

Shares in companies driving the AI boom have been under pressure for weeks.

What are credit default swaps and why are they spooking AI investors?
Business|Economy|Health|Science|Technology

Boston Scientific trims annual profit forecast on softer Watchman device demand

Medical device maker Boston Scientific cut its annual profit forecast on Wednesday, citing slower growth for its Watchman heart device and tougher competition in

Boston Scientific trims annual profit forecast on softer Watchman device demand
Business|Economy|Finance|Health|Stock Markets|US

Humana leaves annual adjusted profit outlook unchanged, shares drop

Humana stuck to its annual adjusted profit forecast on Wednesday for a second consecutive quarter, disappointing Wall Street and pushing the health

Humana leaves annual adjusted profit outlook unchanged, shares drop
Business|Economy|Finance|Stock Markets|Technology|World

Stocks drop as Mideast fighting reignites, Fed decision looms

U.S. stocks fell while oil prices and Treasury yields climbed as fighting in the Iran war resumed, just hours ahead of the Federal Reserve's highly anticipated

Stocks drop as Mideast fighting reignites, Fed decision looms
Business|Economy|Health|Technology|World

GE HealthCare tops quarterly estimates, weighs patient care unit sale

GE HealthCare said on Wednesday it might sell its patient care segment, after beating Wall Street estimates on steady demand for its diagnostics and imaging devices

GE HealthCare tops quarterly estimates, weighs patient care unit sale
Business|Economy|Finance|Stock Markets

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook

U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday as it beat Wall Street estimates for second-quarter earnings

Bunge posts Q2 earnings beat on strong crush margins, raises 2026 outlook
Business|Economy|Political|Sports|World

FIFA's Infantino sets deadline for $20M offer to members in Kushner-backed World Cup investor plan

FIFA President Gianni Infantino has set a Sept. 19 deadline for the 211 member federations to accept a $20 million offer to each in his controversial plan to sell stakes in a subsidiary running the World Cup

FIFA's Infantino sets deadline for $20M offer to members in Kushner-backed World Cup investor plan
Business|Economy|Europe|Technology|World

Thousands of Audi workers protest over threatened plant closure

Thousands of Audi workers demonstrated on Wednesday against the possible closure of the German automaker's Neckarsulm plant

Thousands of Audi workers protest over threatened plant closure
Business|Economy|Europe|Finance|Stock Markets|World

Electrolux beats profit forecast as savings pay off, but US demand weakens

Electrolux reported a surprise rise in core profits on Wednesday, but said market conditions weakened in North America, a key region for the home

Electrolux beats profit forecast as savings pay off, but US demand weakens
Business|Economy|Science|Technology

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

By Max A.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents
Business|Economy|Environment|Finance|Stock Markets|World

US wheat rises on Black Sea disruptions

Chicago wheat edged higher on Wednesday as fresh disruptions to Black Sea grain exports renewed concerns about supplies, after Russia and Ukraine continued attacks

US wheat rises on Black Sea disruptions
Economy|Health|Political|World

PM Burnham says difficult decisions needed to fix England's 'unfair' adult care system

British Prime Minister Andy Burnham pledged on Wednesday to take difficult decisions to overhaul England's adult social care

PM Burnham says difficult decisions needed to fix England's 'unfair' adult care system
Business|Economy|Finance|Stock Markets

Vulcan Materials beats quarterly profit estimates on strong construction materials demand

July 29 - Vulcan Materials beat Wall Street expectations for second-quarter profit on Wednesday, helped by strong demand for its construction materials such as crushed stone, sand and gravel.

Vulcan Materials beats quarterly profit estimates on strong construction materials demand
Business|Economy|Environment|Europe|Finance|Health|Lifestyle|World

'There's nothing left': French wildfire survivors return to burnt homes

When Raphael Fohanno saw what was left of his parents' home after the wildfires that have wreaked havoc across

'There's nothing left': French wildfire survivors return to burnt homes
Business|Economy|Finance|Stock Markets|Technology

Johnson Controls lifts annual profit forecast on data center demand

Industrial supplier Johnson Controls International raised its full-year profit forecast on Wednesday, anticipating sustained demand for data center-related products and services.

Johnson Controls lifts annual profit forecast on data center demand
Business|Economy|Education|Political|World

A new media ecosystem is taking root on the left, reshaping Democratic politics

More progressive Americans are swearing off traditional media

A new media ecosystem is taking root on the left, reshaping Democratic politics
Economy|Europe|Political|World

Ukraine says it hits 2 major Russian oil refineries hours after Zelenskyy's meeting with Trump

Ukraine says its forces have hit two of Russia’s major oil refineries in their latest long-range strikes

Ukraine says it hits 2 major Russian oil refineries hours after Zelenskyy's meeting with Trump
Business|Economy|Finance|Stock Markets|World

The Federal Reserve is expected to keep rates unchanged for now despite high prices

Federal Reserve policymakers are losing patience with inflation, which has been stuck above their 2% target for more than five years

The Federal Reserve is expected to keep rates unchanged for now despite high prices
Business|Economy|Science|Technology

Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand

Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday its board approved an expansion plan, including additional cleanroom capacity at its

Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand
Crime|Economy|Political|World

Who are Iraq's Iranian-backed armed groups?

By Michael Georgy DUBAI, July 29 - The U.S. and Saudi Arabia have struck Iran-backed Shi'ite armed groups in Iraq, which the allies said were responsible for drone attacks on Saudi oil facilities.

Who are Iraq's Iranian-backed armed groups?
Business|Economy|Europe|World

Lamborghini's operating profit falls as geopolitical turmoil shakes luxury car sector

Italian luxury sports carmaker Lamborghini reported an over 8% drop in its half-year operating profit on Wednesday, reflecting sector-wide fragility spurred by tariffs and the

Lamborghini's operating profit falls as geopolitical turmoil shakes luxury car sector
Business|Economy|Environment|Science|World

Rescuers haul survivors from wrecked Japan mall as earthquake toll hits 13

Rescuers frantically searched for survivors on Wednesday, a day after a 7.1-magnitude earthquake shook southern

Rescuers haul survivors from wrecked Japan mall as earthquake toll hits 13
Economy|Finance|Stock Markets|US|World

Dollar eases as markets await Fed decision

The U.S. dollar edged down on Wednesday but stuck to familiar ranges against major currencies as investors awaited a Federal Reserve interest-rate

Dollar eases as markets await Fed decision
Business|Economy|Europe|Finance|Stock Markets|World

European shares fall as mixed luxury company earnings weigh

European shares edged lower on Wednesday, as diverging results from French luxury groups weighed on the broader sector, while

European shares fall as mixed luxury company earnings weigh
Business|Economy|Europe|Finance|World

Porsche restructuring starting to pay off, says CEO

Porsche's restructuring measures have begun to pay off, it said on Wednesday, allowing Volkswagen's embattled luxury brand to keep its profit guidance

Porsche restructuring starting to pay off, says CEO
Business|Economy|Finance|Stock Markets|Technology|World

Magnificent 7 results set to test broadening US stock market

The S&P 500 has struggled to make further headway since its early June record peak, but that tepid performance belies churning beneath the market's

Magnificent 7 results set to test broadening US stock market
Business|Economy|Finance|Stock Markets|Technology

Microsoft set for $190 billion market value swing after earnings results, options indicate

Options traders expect a roughly $190 billion swing in Microsoft's market value after it reports earnings on Wednesday, an unusually large move that

Microsoft set for $190 billion market value swing after earnings results, options indicate
Business|Economy|Environment|Health|Lifestyle|Science

US diners avoid restaurants as cyclosporiasis fears cut lettuce sales

U.S. consumers are steering clear of some restaurant chains and buying less lettuce in grocery stores as a multistate outbreak of a

US diners avoid restaurants as cyclosporiasis fears cut lettuce sales
Business|Economy|Technology|World

South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint

South Korean stocks plunged for a second straight session on Wednesday as Asia's once-blazing AI rally morphed into

South Korea $2 trillion stock rout breaks records as SK Hynix results disappoint
Business|Economy|Finance

Uncertainty creeps into Fed's rate decision as Warsh keeps his cards hidden

By Ann Saphir and Michael S.

Uncertainty creeps into Fed's rate decision as Warsh keeps his cards hidden
Business|Economy|Environment|World

"Ugly and rusty," Venezuela's refineries are relics that will be hard to revive

The Paraguana Refining Center in Western Venezuela once symbolized the country's oil wealth

"Ugly and rusty," Venezuela's refineries are relics that will be hard to revive
Business|Economy|Finance|World

New Fed focus on money supply might aid inflation thinking at the margins

By Michael S.

New Fed focus on money supply might aid inflation thinking at the margins
Business|Economy|Technology

Apple set for strongest June-quarter sales growth in 5 years

Apple's decision to hold iPhone prices steady is set to power its strongest June-quarter sales growth in five years, but investors will want to know how long it can

Apple set for strongest June-quarter sales growth in 5 years