U.S. budget deficit surged in July to highest level since March 2021
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems reported better-than-expected second-quarter revenue and and raised its full-year guidance.
Cisco's stock drops despite earnings, revenue beat
Even though Cisco's quarterly results topped estimates, they weren't good enough to satisfy Wall Street.
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.
SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Short interest in SpaceX fell to about 11% of the company's publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.
Trump says Karoline Leavitt resigning as White House press secretary
Leavitt, the youngest White House press secretary ever, gave birth in May to a girl, her second child.
Trump sued over Truth Social advance access sale
The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump's posts on his own social media site often move financial markets.
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
EVs dominate China’s car market: 5 takeaways from the country's latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.
Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
Trump officials may be considering a tax break for homeowners selling their primary residence in the lead up to the midterm elections.
How the market is trading gold as Fed rate hike and inflation odds shift
Gold prices have been volatile in 2026, but a recent rally shows renewed investor interest amid tamer inflation data and changing Fed rate expectations.
Here's the inflation breakdown for July 2026 — in one chart
Costs remain elevated for consumers, however inflation is showing some signs of easing, economists say.
Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.
CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks
CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.
Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
For investors who suspect Amazon could be range-bound for the next seven weeks, consider a “jade lizard.”
Small investors became a major stock market force. Now, they risk getting pushed back into the dark
Retail investors' access to information could take a hit at a time when they are more important than ever in financial markets.
Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management
Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.
Trust, but hedge: Quietly violent summer lingers as bulls buy crash protection
It's been a wild summer for stocks, even if it may not feel like it at surface level.
Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.
Solar eclipse drives Europe hotel prices to over $1,000 a night
Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.