China factory activity grows faster than expected in June on tech export demand
China's manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.

China's manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.
Axon Enterprise has ramped up lobbying in Congress on federal law enforcement technology as ICE pursues a potential $220 million Taser deal.
Australia's competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
Eli Lilly and Regeneron are among the first seven companies the FDA has selected for its PreCheck Pilot Program, CNBC has learned.
U.S. and Chinese tech companies are increasingly pursuing opportunities outside their home markets, with government policy support.
Apple supplier Luxshare Precision Industry is seeking to raise as much as $24.27 billion Hong Kong dollars ($3.1 billion) through a Hong Kong share sale.
The ruling allowing President Donald Trump to fire FTC Commissioner Rebecca Slaughter overturns a key precedent known as "Humphrey’s Executor."
The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump's effort to fire her proceeds.
Dronemaker AeroVironment's autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
Defense companies and their trade groups are pressing Congress not to require that the Pentagon approve stock buybacks.
A single entry visa will climb to 15,000 yen, from the 3,000 yen charged currently, while multiple entry visas will cost 30,000 yen, up from the 6,000 yen now.
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
The maker of memory chips slid to start the week, marking an about-face from its post-earnings surge.
The company has announced three deals in the month of June alone.
The Supreme Court issued a pair of highly anticipated rulings on Monday that have far-reaching implications for household finances.
Parents, guardians and others who contribute to a Trump Account will not be required to file a gift tax return, the IRS and Treasury Department said Monday.
Commodity strategists warn that Iranian leverage in the Strait of Hormuz will continue to weigh on oil markets and shipping costs.
Justice Amy Coney Barrett, whom Trump nominated in 2020, rejected arguments that federal laws preempt Mississippi permitting late-arriving absentee ballots.
Comcast said it will separate into two publicly traded companies through a tax-free spinoff of NBCUniversal and Sky.
Comcast plans to separate its cable and media divisions over the next year. This could set each company up for M&A, but there might not be any good options.
Oil prices were higher after an agreement between the U.S. and Iran to halt recent hostilities in the Middle East.
MetLife (MET) is well-positioned in the life insurance and benefits sector, exhibiting fundamental momentum that the broader market hasn't fully priced in.