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US GDP Headline Lags, but Underlying Demand Surged in Q2—At the Cost of Plummeting Savings
Final sales to domestic purchasers jumped 3.2% annualized, driven by resilient consumer spending and broad business inve...
Citi Slashes Coinbase Price Target 41% But Keeps Buy Rating Ahead of Q2 Results
Citi’s revised target of $235 follows lowered expectations for trading revenue, but subscription income and possible cry...
Saudi Arabia Forges 14-Nation Alliance to Defend Red Sea Shipping from Houthi Attacks
Riyadh announces a defensive maritime coalition spanning the Gulf, Pakistan, Turkey and Egypt after repeated Houthi stri...
Amazon, Walmart AI Spots 'Made in USA' Fraud but Business Logic Keeps It Silent, Study Finds
A Columbia Law School think tank run by ex-FTC chief Lina Khan reveals that Amazon's Alexa and Walmart's Sparky can dete...
Deutsche Bahn returns to profit as 'super construction year' brings more disruption
First-half net profit of €147m masks struggles as only 59% of long-distance trains ran on time and record investment hit...
Jersey Mike’s Valued at $6.7 Billion After Shares Slip 8.7% in NYSE Debut
Jersey Mike’s shares opened well below the IPO price, valuing the sandwich chain at $6.7B in a closely watched debut tha...
Air France-KLM Posts €61m Loss as Fuel Costs Soar, Makes Formal Bid for TAP
The Franco-Dutch group swung to a first-half loss, hit by a €804m fuel cost increase from the Hormuz crisis, but passed ...
Egypt Targets End-September Rollout for Post-IMF National Economic Program
Prime Minister Madbouly confirms the government is drafting a new economic blueprint to succeed the IMF deal, backed by ...
Sephora’s First Beauty Insider Celebration Month Brings Easier Rewards for 45 Million Members
Sephora's inaugural month-long loyalty event opens to all members in August, featuring bonus points, lower cash redempti...
Goldman Sachs ordered to pay £1.45m over parental leave discrimination
A London tribunal ruled that the bank unfairly dismissed Jonathan Reeves and contributed to stigma across the financial ...
Mariah Carey’s Hard-Learned Wisdom on Self-Worth and Resilience
A single quote from Mariah Carey about protecting your peace opens a window on decades of public scrutiny, career reinve...
US Stocks Surge as Microsoft and Chips Lead Recovery from Post-Fed Sell-off
US equities rebounded on Thursday, with the Nasdaq up 2.5%, driven by a 15% jump in Microsoft shares and a semiconductor...
thyssenkrupp nucera shares gain 3.25% as Q3 loss narrows to €2m
The electrolysis specialist benefited from early revenue on large chlor-alkali projects, beating expectations despite a ...
Brazil’s Government Deficit Jumps to R$48.2bn in June, First-Half Losses Surge 717%
A R$92.2bn primary deficit for H1 2026 reflects soaring spending after early precatório payments, casting a shadow over ...
Ex-OpenAI Researcher’s $45bn AI Hedge Fund Forced to Liquidate After Dual-Sided Losses
Leopold Aschenbrenner’s Situational Awareness fund, which bet heavily on AI infrastructure and shorted software, is unwi...
UEFA Threatens World Cup Boycott Over FIFA's $4.2 Billion Investor Plan
Europe's football body voted unanimously to boycott all FIFA tournaments—including the World Cup—if the governing body s...
European Equities Climb, STOXX 600 Near Annual High, as Earnings Overpower Oil Fears
European shares advanced on Thursday, driven by strong bank and industrial earnings, with the STOXX 600 near a one-year ...
IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening
A high-level IMF team met with acting President Delcy Rodríguez, marking a dramatic shift in Caracas’ relationship with ...
Bradesco to Issue R$10bn in New Shares: What It Means for Existing Investors
Brazil's second-largest private bank is raising up to R$10 billion through a rights offering. The move dilutes non-parti...
Amper Buys German Energy Tech Firm Freqcon for €1.7M, Bolstering Defence Push
Spanish defence and technology group Amper acquires German energy conversion company Freqcon from insolvency, adding dua...
Trump Threatens to Withdraw AG Nominee Blanche as GOP Senators Balk at $1.8B Settlement Fund
President Trump says he has “no objection” to pulling Todd Blanche’s nomination after two Republican senators demand the...
NHTSA Grants Zoox Temporary Exemption to Charge for Steering-Wheel-Free Robotaxi Rides
Amazon’s Zoox wins a two-year federal waiver to start commercial driverless rides in Las Vegas, becoming the first compa...
Tusk: Next 100 Days Decisive for Ukraine; Poland to Send More Patriot Missiles
Polish PM Donald Tusk says the coming 100 days could tip the balance in the Ukraine conflict, pledging extra military su...
India Warns Ukraine After Black Sea Strikes Kill Indian Seafarers, Urges End to Commercial Ship Attacks
New Delhi tells Kyiv that attacks on merchant vessels and Indian crew in the Black Sea are “absolutely unacceptable,” as...
Heidelberg Materials Price Target Cut to €286 as Jefferies Stays Bullish After Q2 Results
Jefferies lowers Heidelberg Materials target by €4 but expects rising volumes, pricing power, and cost cuts to revive se...
New-Crop Corn, Soybean Export Sales Top 40 Million Bushels as China Buys
USDA data shows strong forward demand for US corn and soybeans, with China and Mexico leading purchases, while old-crop ...
Deepfake Bolsonaros Test Brazil’s Election Rules as Court Scrutinizes Flávio’s Campaign
AI-generated videos of the imprisoned ex-president are flooding social media, both supporting and attacking his son Fláv...
Chilean Prosecutor Targets Money Laundering in Azul Azul Takeover as Sartor Case Widens
The public prosecutor’s office alleges funds used to finance the purchase of control of football club Universidad de Chi...
Why Organic Cotton Isn't Taking Off: Lessons from a Japanese Publisher's Sustainable T‑Shirt Trial
ELLE SHOP's organic cotton T‑shirt launch sold over 300 units, but the event revealed a deeper supply‑chain failure: far...
North Santander Bets Logistics and Infrastructure Will Unlock Export Boom with Venezuela
Colombia's border department is racing to upgrade roads, rail, and trade zones to seize on a recovering Venezuelan econo...