business
(AP) – In a pivotal turn in America’s confrontation with Iran, President Donald Trump says he has decided to hold off on ordering new U.S. strikes—despite earlier plans for a major military action. The President made clear that the decision was not driven by hesitation, but by a strategic calculation aimed...
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Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market
NEW YORK (AP) — A monster day for Microsoft’s stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the bond market,...
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The Media Line: Saudi Arabia Leads New Maritime Defense Coalition To Secure Red Sea Shipping
Saudi Arabia Leads New Maritime Defense Coalition To Secure Red Sea Shipping
By The Media Line Staff
Saudi Arabia and 13 founding nations announced the creation of the Multinational Maritime Defense Coalition, a Saudi-led security initiative intended to protect...
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business Headlines
Oil prices drop after Trump orders US forces to hold off on new strikes against Iran- China’s Chery to invest $75 million in Korea’s KG Mobility, eyes overseas markets
- Japan confirms joint FX intervention with U.S., says won’t hesitate for more
- Toyota expected to post fifth straight profit drop, investors weigh Japan quake fallout
- Japan confirms joint yen intervention with US, signals readiness for more action
- AstraZeneca held talks with Bristol Myers Squibb on $400 billion megadeal, source says
- Analysis-China draws ‘red lines’ around its economic model ahead of EU, US trade talks
- Australia’s home price retreat gathers pace in July, Cotality data shows
- Trump says Mideast allies have reached outlines of deal to end Iran war, says US to stop new strikes
- For GLP-1 users, the in-store clothes shopping trip is back
- Flight attendants at Canada’s WestJet go on strike in dispute over pay
- OPEC+ agrees September oil hike, completing rollback of voluntary cuts
- WestJet flight attendants go on strike after talks fall through, grounding flights
- Dry, hot summers are putting Dutch dikes at risk and threatening German river trade
- Life after Orban: Hungary Inc digs in as new political era takes hold
- Japan to announce Tokyo, Washington took joint action on yen, sources say
- Oil leak spreads from a sanctioned tanker grounded off Oman, images show
- Trump threatens more strikes on Iran. Tensions from Hormuz to Kuwait and Gaza lead to more warnings
- FBI investigates as Michigan joins Minnesota in reporting cyberattacks on its water systems
- WestJet begins flight cancellations ahead of strike
- Michigan Supreme Court rejects permit for Enbridge oil pipeline under Great Lakes
- America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year
- Trump stands to profit off US policy announcements by selling fast access to his social media posts
- BYD’s sales rise for third month, buoyed by exports
- Wall Street week ahead: monthly jobs report, McDonald’s and SpaceX earnings
- Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far
- Treasury selloff signals need to bolster Fed’s inflation credibility, Musalem tells FT
- US Treasury intervenes to support yen after Japan steps in, FT reports
- George Santos agrees to $35,000 settlement in federal probe over Kalshi trades
- With Situational Awareness AI deal, Citadel’s Griffin rides to the rescue again
- FIFA scraps World Cup sell off plans, Infantino says
- Exclusive-Bessent’s ‘to do’ list: buy $5-10 billion worth of Japanese yen, Reuters photo shows
- Warner Music Group reshuffles leadership as CFO exits
- FCC chairman defends actions against ABC, says broadcasters must operate ‘in the public interest’
- Warsh raised changing frequency of Fed policy meetings, NYT reports
- Trump administration pushes tougher English rules for Mexican train crews crossing into the US
- US bars imports from 43 more companies over China’s alleged forced labor involving Uyghurs
- US Commodity Futures Trading Commission fines George Santos for alleged manipulative trading
- Serbia secures US sanctions waiver for its Russian-owned NIS oil firm, energy minister says
- Infantino abandoned his World Cup equity plan after seismic FIFA backlash. Here’s what to know
- KKR nearing deal to buy medical device firm Integer, WSJ reports
- Regulators propose overhaul to law governing how banks lend to low-and-middle income communities
- WestJet starts parking Boeing 737 jets ahead of looming labor strike
- Saipem, Subsea7 cleared to complete merger in US
- Top US data center-serving utility Dominion tops profit estimates
- US bank regulators propose fair-lending rule update
- Nuclear firm Westinghouse confidentially files for US IPO
- US Treasury anti-money laundering chief Gacki to join Citi as global head of sanctions
- Situational Awareness’ portfolio sinks 67% in July on AI stock rout, letter shows
- Cboe exceeds profit expectations as volatility spurs options trading boom
