Business
US Federal Reserve holds interest rates steady in split decision
The Federal Reserve maintained its target interest rate range despite three dissenting votes from policymakers calling for a hike to combat persistent inflation.
Gold falls as firm dollar, Treasury yields weigh ahead of Fed decision
Spot gold faces downward pressure as the Federal Reserve votes 9-3 to hold interest rates amid escalating tensions in the Middle East.
Paramount Skydance and Warner Bros. Discovery delay merger until 2027
A legal challenge from California and 11 other states has pushed the closing date of the massive Hollywood merger to June 2027.
Nvidia to invest $1 billion in Naver to expand South Korean AI data centers
Nvidia will acquire a 4.5% stake in Naver Corp to help expand the GAK Sejong facility to 200 megawatts of capacity by 2028.
Oil prices tumble as US and Iran pause strikes over Strait of Hormuz
Brent and WTI crude prices tumbled on Monday following a cessation of hostilities between the US and Iran. The move raises hopes for restored shipping flows through the Strait of Hormuz.
Toba Centre provides trauma-informed care for abused children and youth
The Toba Centre for Children and Youth integrates police, medical, and social services to provide a safe, coordinated response for victims of abuse.
Google Discloses $94.1 Billion in SpaceX Stock, Marking 6% Stake
Alphabet has disclosed a $94.1 billion investment in SpaceX that significantly increased its quarterly profits, though the shares remain restricted from sale.
Midwest Poultry Services recalls 19 million eggs over salmonella risk
Midwest Poultry Services has initiated a voluntary recall of over 1.5 million dozen shell eggs due to potential Salmonella Enteritidis contamination.
China egg prices surge as farmers cull flocks amid economic volatility
A production paradox and rising fuel costs have sent Chinese egg prices soaring, impacting small vendors and consumers across the country.
Brent crude oil hits $100 per barrel amid Middle East fighting
Brent crude hit its highest price since May as Red Sea attacks threaten global oil flows, triggering Wall Street declines and draining U.S. strategic reserves.
Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea
Oil hits $100 a barrel after Iran-backed Houthis ‘strike two tankers’ in Red Sea
Nearly 1.6 million dozen eggs recalled over salmonella risk
Nearly 1.6 million dozen eggs across the American South are being recalled after potential Salmonella Enteritidis contamination was detected.
EU hits Google with $1 billion fine over its Play app store and search
Alphabet Inc. has been fined €890 million by the European Commission for search self-preferencing and anti-steering rules in the Google Play Store.
Andy Burnham cuts business rates
Andy Burnham cuts business rates
Brent crude nears $100
Brent crude nears $100
UK PM Andy Burnham to cut business rates for pubs, clubs and music venues
The UK government will introduce a 20% business rates discount for pubs, clubs, and live music venues starting next April.
Alphabet reports Q2 2026 revenue of $119.8 billion
Alphabet beat analyst forecasts with $119.8 billion in quarterly revenue, though massive investment gains and rising capital expenditures sparked market caution.
Amazon Cuts Jobs in Artificial General Intelligence Unit
Amazon is reducing headcount within its AGI organization to prioritize high-impact projects and sharpen its focus on initiatives that matter most for customers.
Oil prices hit $95 a barrel as Iran war and Houthi threats escalate
Global oil prices surged to a six-week high following escalating military conflict between the U.S. and Iran and threats by Houthi militants to block vital energy arteries.
Clarity Act revisions would ban presidents from issuing digital assets
The revised Clarity Act would prohibit senior federal officials, their spouses, and employees from issuing or sponsoring digital assets for compensation.