U.S. World Business Lifestyle
Today: July 30, 2026
Today: July 30, 2026

Economy

Business|Economy|Finance|Science|Technology

OpenAI cuts prices on smaller models as businesses scrutinize AI spend

OpenAI slashed prices of its low- and mid-tier AI models on Thursday, a move that may intensify competition in the industry as U.S. companies battle cheaper Chinese rivals for

OpenAI cuts prices on smaller models as businesses scrutinize AI spend
Business|Economy|Finance|Stock Markets|Technology

Coinbase beats much of customer lawsuit over US token sales

Coinbase won the dismissal on Thursday of much of a lawsuit in which customers accused the largest U.S. cryptocurrency exchange of illegally selling

Coinbase beats much of customer lawsuit over US token sales
Business|Economy|Europe|World

Ukraine strikes two more warehouses of Russian online retailer Wildberries

Ukrainian drones struck two more warehouses belonging to Russian online retailer Wildberries overnight, sparking fires at both sites, the company and a regional official

Ukraine strikes two more warehouses of Russian online retailer Wildberries
Business|Economy|Finance|World

Oil settles down on proposed Saudi-led maritime defence coalition

Oil prices settled lower on Thursday after a volatile session, as traders digested proposed plans for a Saudi Arabia-led maritime coalition to boost defense

Oil settles down on proposed Saudi-led maritime defence coalition
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Permira-backed womenswear retailer Reformation valued at $886 million in NYSE debut

Permira-backed womenswear retailer Reformation was valued at $886.1 million after its shares opened flat in their NYSE debut on Thursday.

Permira-backed womenswear retailer Reformation valued at $886 million in NYSE debut
Business|Economy|Finance|Food|Stock Markets

Jersey Mike's valued at $6.7 billion after shares fall in NYSE debut

Jersey Mike's shares opened 8.7% below their initial public offering price on Thursday, valuing the sandwich chain at about

Jersey Mike's valued at $6.7 billion after shares fall in NYSE debut
Business|Economy|Political|World

US issues sanctions targeting support networks for Iran's Mahan Air

The United States on Thursday issued new sanctions on Thursday targeting global networks supporting Mahan Air, the Iranian carrier Washington says transports Iran's

US issues sanctions targeting support networks for Iran's Mahan Air
Business|Economy|Political|Sports|World

Soccer-UEFA to boycott World Cup and FIFA tournaments over stake sale plans

European soccer's governing body UEFA and its 55 member nations on Thursday voted to boycott all FIFA tournaments in what could be a knockout

Soccer-UEFA to boycott World Cup and FIFA tournaments over stake sale plans
Business|Economy|World

Drone strike in Egypt sparks security concerns about Suez oil exports

A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez

Drone strike in Egypt sparks security concerns about Suez oil exports
Crime|Economy|Environment|World

Blast at Pakistan coal mine complex kills at least 11, dozens missing, official says

At least 11 coal miners were killed and dozens are missing after an explosion buried parts of a mining complex in Pakistan's Balochistan province on Thursday, an official

Blast at Pakistan coal mine complex kills at least 11, dozens missing, official says
Business|Economy|Environment|Finance|Technology

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems

New York City has paused construction at several office-to-apartment conversions since Pfizer tower structural problems
Business|Economy|Finance|Stock Markets|US|World

Average 30-year US mortgage rate rises to highest level in a year at 6.66%

The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs

Average 30-year US mortgage rate rises to highest level in a year at 6.66%
Business|Economy|Finance|Stock Markets|World

Mortgage rates climb to highest level in a year

Mortgage rates climb to highest level in a year

Mortgage rates climb to highest level in a year
Business|Economy|Environment|Food|Health|Science

Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants

It’s been a choppy year for restaurants that lean into lettuce

Between prices and a diarrhea-causing parasite, lettuce is causing hard times at some restaurants
Business|Economy|Technology

Amazon, Walmart AI detect 'made in USA' fraud but do not flag it, study says

Amazon and Walmart AI shopping assistants can often detect when "Made in USA" product labels are false, but the big retailers are not using that technology to crack

Amazon, Walmart AI detect 'made in USA' fraud but do not flag it, study says
Business|Economy|Technology

Bombardier free cash turns positive on private jet order boom but fewer deliveries hit shares

Bombardier reported a turnaround in second-quarter free cash flow above analysts' expectations on Thursday, but shares dropped

Bombardier free cash turns positive on private jet order boom but fewer deliveries hit shares
Business|Economy|Finance|Technology

Goldman Sachs asset arm forms AI investing platform, memo shows

Goldman Sachs Asset Management has launched an artificial intelligence investing platform, AlphaAI, betting that AI will become an important driver of investment returns

Goldman Sachs asset arm forms AI investing platform, memo shows
Business|Economy|Environment|World

Base metals traders on the move as battle for talent intensifies

Senior base metals traders are being lured to new jobs as demand for their expertise rises amid supply-chain disruptions and

Base metals traders on the move as battle for talent intensifies
Business|Economy|Finance|Stock Markets|Technology

Mastercard beats profit estimates as stable spending drives transaction volumes

Mastercard posted a second-quarter profit that surpassed Wall Street expectations on Thursday, boosted by robust transaction volumes driven by steady consumer

Mastercard beats profit estimates as stable spending drives transaction volumes
Business|Economy|Political|World

Yemen's Houthis are attacking Saudi Arabia from Iraq, sources say

Yemen's Iran-aligned Houthis attacked Saudi Arabia this week from Iraqi territory in coordination with Iraqi armed groups, according

Yemen's Houthis are attacking Saudi Arabia from Iraq, sources say
Business|Economy|Technology|World

China's Xiaomi launches SkyNomad SUV series offering space and reconfigurable interiors

China's Xiaomi launched an SUV series dubbed SkyNomad on Thursday, expanding its EV lineup into the large-family SUV segment, as it seeks to

China's Xiaomi launches SkyNomad SUV series offering space and reconfigurable interiors
Asia|Business|Economy|Finance|Stock Markets|Technology|US|World

Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak

U.S. stocks gained on Thursday as Microsoft's forecast-beating results eased investor worries about massive AI spending by companies, while 30-year Treasury

Microsoft rally lifts stocks, 30-year Treasury yield hits 19-year peak
Business|Economy|Finance|Stock Markets|World

Yen soars as analysts suspect official intervention; dollar broadly weaker

The dollar sank to a more than two-month low against the Japanese yen on Thursday in what analysts said looked like official intervention by Tokyo to prop up

Yen soars as analysts suspect official intervention; dollar broadly weaker
Economy|Political|World

Drone strike near Suez Canal in Egypt raises new security threat in widening war

A drone strike on gas vessels in Egypt's Mediterranean port of Damietta signalled a potential new front in the U.S.-Iran

Drone strike near Suez Canal in Egypt raises new security threat in widening war
Business|Economy|Finance|World

Imports hold back US economic growth in Q2, but domestic demand robust

U.S. economic growth slowed in the second quarter as imports widened the trade deficit, but robust consumer spending and business investment related

Imports hold back US economic growth in Q2, but domestic demand robust
Business|Economy|Finance|Stock Markets|US|World

Yen surges, analysts suspect official Japanese intervention

Japan's yen surged on Thursday against the U.S. dollar by the most since 2022, in what analysts said

Yen surges, analysts suspect official Japanese intervention
Business|Economy|Finance|World

Instant View: Yen soars, markets suspect Japan intervention

The yen surged against the dollar on Thursday, in a move so rapid and large in its scale that it alerted investors to the prospect of intervention by Japan to prop up its

Instant View: Yen soars, markets suspect Japan intervention
Business|Economy|World

Bank of England keeps rates on hold, awaits clearer sign of Iran war inflation hit

The Bank of England kept interest rates on hold on Thursday as it waits for a keener sense of how much the U.S.-Iran

Bank of England keeps rates on hold, awaits clearer sign of Iran war inflation hit
Business|Economy|Technology|World

Ford CEO tells employees Chinese automakers could enter US market in next decade

Ford CEO Jim Farley told employees in a town hall on Thursday that the company is preparing for the possibility that Chinese automakers could enter the

Ford CEO tells employees Chinese automakers could enter US market in next decade
Economy|Education

Urban League report says Trump administration is harming Black Americans' chances at American Dream

The National Urban League's latest “State of Black America” report warns that the American Dream may be slipping away for many Black Americans

Urban League report says Trump administration is harming Black Americans' chances at American Dream
Business|Economy|Finance|World

The Fed’s preferred inflation gauge cooled in June. It might not last

The Fed’s preferred inflation gauge cooled in June. It might not last

The Fed’s preferred inflation gauge cooled in June. It might not last
Business|Economy|Finance|US

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth

US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
Business|Economy|Finance|Stock Markets|World

ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offerings

New York Stock Exchange parent Intercontinental Exchange said on Thursday it will acquire bond trading platform MarketAxess Holdings in a deal valued at $5.7

ICE to buy MarketAxess in $5.7 billion deal to expand fixed-income offerings
Business|Economy|Political|World

Brazil withholds approval of Trump's ambassador pick, deepening rift with US

The Brazilian government has for weeks withheld the formal diplomatic approval needed for the next U.S. ambassador to

Brazil withholds approval of Trump's ambassador pick, deepening rift with US
Business|Economy|Europe|MidEast|World

German inflation accelerates to 2.8% in July

German inflation rose in July on higher energy prices caused by the Iran conflict, while core inflation fell slightly.

German inflation accelerates to 2.8% in July
Business|Economy|Health|Science|Technology

Labcorp raises annual profit forecast on strong testing demand

Laboratory operator Labcorp raised its annual profit forecast and posted better-than-expected second-quarter results on Thursday, as steady demand for diagnostic

Labcorp raises annual profit forecast on strong testing demand
Business|Economy|Environment|Health|World

After surviving earthquakes, a family in Venezuela seeks a new beginning far from ground zero

Weeks after the twin earthquakes that devastated Venezuela's central coast, Adriana Aponte and her family joined a growing exodus of survivors

After surviving earthquakes, a family in Venezuela seeks a new beginning far from ground zero
Business|Economy|Health|Science|Technology

Regeneron beats quarterly estimates on eczema drug strength, shares rise

Regeneron on Thursday beat Wall Street estimates for second-quarter revenue and profit, helped by strong demand for its eczema drug Dupixent and a high-dose version of its eye drug

Regeneron beats quarterly estimates on eczema drug strength, shares rise
Business|Economy|Finance|Health|Stock Markets

Altria misses quarterly profit estimates as premium cigarette demand weakens

Marlboro maker Altria Group fell short of second-quarter earnings estimates as macroeconomic uncertainty weighed on spending patterns,

Altria misses quarterly profit estimates as premium cigarette demand weakens
Business|Economy|Health

Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results

Bristol Myers Squibb lifted its full-year revenue and profit forecast on Thursday as strong sales of blood thinner Eliquis and newer medicines

Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results
Americas|Business|Economy|World

Mexico's economy grows at fastest pace since late 2020 in Q2

Mexico's economy rebounded in the second quarter from the previous three-month period, growing at its fastest pace since late 2020, a

Mexico's economy grows at fastest pace since late 2020 in Q2
Business|Economy|Finance|Stock Markets|World

US stock futures extend gains slightly after economic data

U.S. stock index futures extended gains slightly on Thursday, as investors assessed a barrage of economic data including a June inflation reading and the second quarter GDP

US stock futures extend gains slightly after economic data
Business|Economy|Finance|Stock Markets|US

Blue Owl suffers credit outflows, data centers power growth elsewhere

Alternative asset manager Blue Owl suffered outflows from its credit business in the second quarter as wealthy investors pulled back, but

Blue Owl suffers credit outflows, data centers power growth elsewhere
Business|Economy|Finance|Political|World

Brazil household debt barely budges despite Lula debt-relief push

Brazilian household indebtedness eased only marginally in May, the first month of a broad government debt-renegotiation program launched by President

Brazil household debt barely budges despite Lula debt-relief push
Business|Economy|Political|World

Can China restrain Iran? Gulf states test Beijing's influence

As the Iran war escalates again, Gulf Arab states are looking to China - not Washington - to use its economic leverage over Iran

Can China restrain Iran? Gulf states test Beijing's influence
Business|Economy|Health|Science|Technology

Braveheart Bio targets $1.2 billion valuation in US IPO

Braveheart Bio is targeting a valuation of up to $1.2 billion in its U.S. initial public offering, the clinical-stage biopharmaceutical company said on Thursday.

Braveheart Bio targets $1.2 billion valuation in US IPO
Business|Economy|Finance|Stock Markets|World

Major central banks steer a cautious hiking path

The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with

Major central banks steer a cautious hiking path
Business|Economy|Finance|Stock Markets

KKR profit leaps as private equity deals flourish

KKR's ​second-quarter profit beat market expectations on Thursday, as it raked in higher fees from managing a growing stack of

KKR profit leaps as private equity deals flourish
Business|Economy|Health|World

Lilly, Resilience to invest $750 million in US drug manufacturing expansion

Drugmaker Eli Lilly and privately held contract manufacturer Resilience will invest $750 million to expand pharmaceutical manufacturing capacity in the U.S. and strengthen the

Lilly, Resilience to invest $750 million in US drug manufacturing expansion