Amazon raises full-year capital spending target to $220 billion after AWS delivers 37% growth and reports record Q2 net income of $62.65 billion, sig…
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Amazon raises full-year capital spending target to $220 billion after AWS delivers 37% growth and reports record Q2 net income of $62.65 billion, sig…
Amazon's Q2 earnings show strong profitability with $5.75 EPS versus $1.68 year-ago, while AWS cloud sales accelerate to 37% growth — fastest in 18 q…
U.S. mortgage rates climbed to 6.58% on July 23, 2026 — the highest level in nearly a year — as rising oil prices from the Iran conflict squeeze hous…
Microsoft Q2 fiscal 2026 earnings beat expectations with $4.81 EPS (vs $4.24 expected) and Azure cloud revenue surging 43% year-over-year as Microsof…
U.S. GDP grew 1.5% in Q2 2026, down from 2.1% in Q1, as trade weighed on growth while inflation remains elevated at 3.7% PCE and 3.3% core CPI.
Q2 2026 GDP growth slowed to 1.5% annualized from Q1's 2.1%, while inflation remains above the Fed's 2% target with PCE at 3.7%.
Global equities ended mixed as Asian markets, particularly South Korea's Kospi, fell amid AI stock selling pressure. The Fed held rates steady while …
The 30-year Treasury yield reaches its highest level since 2007 after the Federal Reserve holds interest rates steady, signaling persistent inflation…
Samsung Electronics reports record Q2 2026 operating profit of $62 billion as memory chip demand surges on AI boom, with quarterly revenue hitting al…
Wall Street tumbled on July 29, 2026, as the Dow dropped over 1,100 points amid Fed uncertainty and Brent crude surged 7.3% due to Iran conflict esca…
Fed votes 9-3 to hold rates at 3.5%-3.75% as three officials dissent, favoring a quarter-point hike amid persistent inflation above the 2% target and…
Iran launches renewed missile attacks as US and Saudi Arabia strike Iraqi militias, sending Brent crude up 3.1% to $84.58 per barrel amid escalating …
xAI sues Minnesota over AI nudification ban: $500K damages, 132-1 House vote. Law takes effect August 1, 2026.
Consumer confidence index fell to 90.8 in July from 92.2 in June as gas prices rose to $4.10 per gallon amid escalating U.S.-Iran conflict. Inflation…
The FCC bans imports of new foreign-made humanoid robots and power inverters citing national security risks, targeting China which holds an estimated…
India's Ministry of Consumer Affairs imposes 30-day stock limits on sugar dealers (4,000 quintals maximum) from August 1 to November 30 to curb hoard…
Swiss banking giant UBS announces $3 billion share buyback program following forecast-beating quarterly results, signaling renewed confidence in its …
Fed Chair Kevin Warsh faces mounting pressure to hike interest rates as core inflation remains stuck around 3% or higher since 2023, with the 10-year…
U.S. 30-year mortgage rates hit 6.55%, highest in nearly a year, as Iran war drives oil prices higher and bond yields climb. Pending home sales fell …
Apple's market cap briefly surpassed $5 trillion on July 28, 2026, becoming only the second company ever to reach this milestone after Nvidia. The hi…
X launches X Money, a peer-to-peer payment service with 6% APY and 3% cashback, powered by Cross River Bank technology and available to X Premium sub…
Wall Street mixed as AI chip stocks tumble on earnings and China competition concerns, while oil prices ease from two-month highs amid cooling Middle…
Boeing's Q2 2026 earnings missed expectations as a $280 million loss on the delayed Air Force One program weighed on results, though commercial aircr…
Cracker Barrel CEO Julie Masino stepping down after logo rebrand controversy hurt sales; new CEO David Deno taking over Aug. 10, 2026