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Business & Finance
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
A shopper uses a smartphone to pay for produce during a farmers market at the Ferry Building in San Francisco on July 16, 2026. See all topics Washington —
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As the price of RAM and basically every single component that goes into building video game consoles and PCs continues to rise, there is a faint, borderline imperceptible glimmer of light at the end of the AI datacenter-induced RAMageddon: SK Hynix, one of the three largest chip and DRAM manufacturers in the world, recently had…
Embedded finance is moving deeper into telecom, workforce management, automotive and other industries where money movement already sits inside complex operating processes
US stock futures staged a comeback on Thursday morning after a Fed-fueled sell-off as Asian stocks rebounded and more earnings were on deck. But fresh US attacks on Iran, a bond rout, and worries about AI spending kept investors on guard
Hard to believe I’ve been writing the twice-monthly Streetwise newsletter for just more than three years now. If you haven’t signed up for this little nugget yet, what are you waiting for?
Economy News
John Galliano has cancelled an upcoming major exhibition celebrating his work as a fashion designer after it prompted criticism due to his previous conviction for making antisemitic remarks
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Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company’s Xbox division losing about one-fifth of its staff in the software giant’s latest effort to cut costs in the era of artificial intelligence
If investors are getting nervous about how fast tech stocks have risen this year, they aren’t really showing it
Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Michael M. Santiago | Getty Images
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