U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz
The attack comes as the United States and Iran are supposed to be engaging in a 60-period of no hostilities as they hold talks to end their war.
Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.
Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate
Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
Jeremy Grantham says this is the most expensive market in 'American history'
Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.
Rubio says Israel, Lebanon reach framework agreement aimed at 'lasting peace and security'
Israel and Lebanon agreed to implement a ceasefire. But that is contingent on the paramilitary group Hezbollah agreeing to halt hostilities.
Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and his wife, Samantha, are residents of Chicago.
Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'
California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.
Trump threatens 100% tariffs on countries putting 'Digital Services Tax on American Companies'
"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," President Donald Trump wrote in a Truth Social post.
OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.
OpenAI limits new AI models to 'trusted partners' at request of U.S. government
OpenAI said it previewed the new models' capabilities with the government ahead of the launch.
Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.
Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'
Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.
Leon Black refuses to answer questions on NDAs at Jeffrey Epstein hearing, Rep. Comer says
"I knew Jekyll. I didn't know Hyde," Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.
Ex-Trump advisor John Bolton pleads guilty to retaining national defense information
John Bolton is one of several foes of President Donald Trump who has been indicted since Trump regained the White House.
Healthcare stocks have caught fire, sending all 3 of our names to record highs
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Red Lobster's Ultimate Endless Shrimp promotion described as a 'car crash' for the company, lawsuit says
"Thai Union doubled down on a campaign to squeeze out every drop of value that it could," creditors said
OpenAI and Anthropic face new AI reality as users shift from 'tokenmaxxing' to efficiency
Companies are tightening their AI budgets to focus on getting a return on their investment, and that could dampen growth rates at OpenAI and Anthropic.
OpenAI is reportedly delaying its IPO. Here's when Kalshi traders think it will announce
Speculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.
ON Semiconductor records worst day since 2020 as CEO defends Synaptics deal
The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.
One factor that may be partly behind the S&P 500's curious action this week
There were plenty of reasons for stocks to post a big move on Thursday, but the S&P 500 ended almost exactly where it closed Wednesday.
The brands winning with World Cup advertising may not be the sponsors
The World Cup winners and losers in advertising may be indicative of a broader trend of how people are responding to authentic branding.
Volkswagen plans to cut 15% of its workforce and close four German plants, report says
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
Micron sinks 6%, wrapping a wild week of trading that saw big swings
Micron Technology's shares tumbled on Friday amid a global sell-off in chip stocks.
Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.