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President Donald Trump speaks to reporters after landing in Air Force One at Joint Base Andrews, Maryland, July 19, 2026. Andrew Harnik | Getty Images President Donald Trump on Friday appealed a federal judge’s blistering order finding he filed a bad-faith $10 billion lawsuit in order to reach an advantageous settlement. The notice of appeal…
Almost four years into the artificial intelligence boom, the world’s biggest tech companies are still making grand promises about the future. The problem is, they’re burning through their cash in the process. AI spending among the megacaps is projected to reach $765 billion this year, before rising to nearly $1.2 trillion in 2027, according to…
Palestinians sit in a damaged house, amid a ceasefire between Israel and Hamas in Gaza, in Khan Younis, in the southern Gaza Strip, October 14, 2025. Ramadan Abed | Reuters An agreement for the “complete disarmament” of Hamas in Gaza can only be agreed if the U.S. and Israel honor past commitments they have made,…
LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July, snapping four straight months of expansion…
A general view of the Peacock logo on a microphone during the Big East Women’s Basketball Tournament Championship game between the University of Connecticut Huskies and the Villanova Wildcats on March 9, 2026, at Mohegan Sun Arena in Uncasville, Connecticut. Erica Denhoff | Icon Sportswire | Getty Images NBCUniversal’s announcementΒ this week that it’s struck a…
British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from the jump in oil and gas prices amid the sprawling Middle East conflict. The oil giant posted adjusted earnings of $9.84 billion for the April to June period, comfortably beating analyst expectations of $8.79 billion, according to an LSEG-compiled consensus. A separate, company-provided…
Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee, as the Federal Reserve holds interest rates steady, at the Federal Reserve, in Washington, July 29, 2026. Evelyn Hockstein | Reuters The Federal Reserve on Wednesday followed through on expectations for no interest rate change, and…
Crude oil prices rose sharply Wednesday, after President Donald Trump said the U.S. will hit Iran hard in retaliation for an attempted surprise attack on American forces in the Middle East. Brent crude futures, the international benchmark, gained about 6.5% to $89.52 a barrel. U.S.Β West Texas IntermediateΒ futures advanced about 6.3% to $84.26. Trump told Fox…
The logo of SK hynix is displayed on a glass wall during the 2026 World IT Show in Seoul on April 22, 2026. Jung Yeon-je | Afp | Getty Images SK Hynix shares nosedived on Wednesday as exponential second-quarter earnings and revenue growth still failed to satisfy analysts’ supercharged expectations for an artificial-intelligence darling. Here…
A semiconductor wafer is on display at Touch Taiwan, an annual display exhibition in Taipei, Taiwan April 16, 2025. Ann Wang | Reuters Asian technology stocks extended their sell-off on Wednesday, with semiconductor names leading declines after another weak session in the U.S. In South Korea, SK Hynix slid more than 15% after the chip…