Brent oil price hovers near $95 as Rubio says U.S. will 'continue to protect shipping' in Hormuz
The U.S. has launched strikes against Iran for 11 consecutive days, citing a need to "degrade Iran's ability to threaten commercial shipping."
Mortgage rates are rising again, but homebuyers are seeing some advantages
Mortgage rates last week rose to the highest level since last August, but homebuyer demand climbed as well, as buyers see more supply.
Trump's push for American-made AI chips hits TSMC's margins
The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
Peacock is getting a lift from World Cup, Spanish-language content
Peacock attracted new subscribers with the Spanish-language telecast of the World Cup, and executives say advertisers are taking notice.
Citizens United provision allowing foreign campaign contributions draws Democratic bill
Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.
Kalshi launches election hub for prediction markets ahead of midterms
The company said the page gives viewers of its event contracts a central place to see speculators' outlook for the midterm elections.
The Fed rang the alarm about Anthropic's Mythos AI model — but had to go months without it
The central bank didn't have access to Claude Mythos Preview as of mid-July, even as other institutions were racing to patch their vulnerabilities.
$100M New Jersey deli fraudster James Patten sentenced to 21 months in prison
The notorious New Jersey deli fraud case led to losses of more than $5 million for victims that included two U.S. universities.
Renting a yacht in the Mediterranean this summer just got cheaper
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.
Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push
The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
SpaceX snaps 7-day losing streak, sets earnings date that triggers first big share unlock
SpaceX's stock gained on Tuesday and looked to snap a seven-day losing streak after announcing Aug. 4 as its maiden earnings report
OpenAI appoints two new members to board of directors
OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.
Prediction markets and their opponents are spending more to influence Congress in 2026
Kalshi and groups representing the casino and gaming industry and online sports betting apps, all have boosted their lobbying spending in 2026.
Jamie Dimon says markets underestimate risks and he wouldn't buy stocks or Treasurys at current prices
Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors' recent willingness to look past wars, tariffs and other shocks.
Zelenskyy ousts Ukraine’s army chief as protests expose wartime power struggle
The reshuffle comes after almost a week of nationwide unrest and represents one of the biggest political crises since Russia's full-scale invasion in 2022.
Capital One earnings were good enough but didn't answer the big question hanging over the stock
Investors want to know when Capital One will begin to see more tangible benefits from its Discover and Brex deals.
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.
India steps up energy shift as costs and tariff pressures mount — oil blending push sparks backlash
India is banking on alternative fuels as it prioritizes energy security amid high oil prices and supply constraints.
Wistron shares surge in Taiwan after opening of Texas AI superchip plant to supply Nvidia
Taiwan’s Wistron Corporation opens first U.S. facility in Fort Worth, Texas.
Super Micro surges 15% on new order and margin disclosure after SpaceX announcement
Many server makers are seeing faster growth as companies race to deploy artificial intelligence servers.
The company behind Post-it notes has found an unlikely role in the AI buildout
3M CEO Bill Brown said its optical connectivity technology can cut fiber installation time by up to 85% as hyperscalers build AI data centers.
Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
Apple prepares a new way to buy iPhones. Plus, making sense of Google's new AI models
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.