Section · page 3
Economy archive — page 3 of 22, newest and highest-significance first.
Midterm exams are getting more difficult now. Because of this, politics and business are mixing a lot. This mix is often not good for everyone. It can cause problems in both areas.
‘Love Island USA’ winners are spending their $100,000 prize money in a very relatable way
The US banned imports of new foreign-made humanoid robots and power inverters. The Federal Communications Commission said these robots pose a national security risk. This ban is part of a wider US effort to reduce reliance on Chinese technology.
Why is Boeing stock rallying today?
Nasdaq 100 slides into correction as global chip and memory stocks sell off
Airlines are paying billions of dollars more for fuel this year. Higher fuel costs force airlines to raise ticket prices. Analysts say the extra expenses will not disappear soon. As a result, flights are likely to stay expensive for the coming months.
Wall Street analysts have named three dividend-paying stocks they think will do well. They say these stocks can give investors regular income. The analysts base their view on company earnings and dividend history.
ExxonMobil and Chevron reported large profits in the second quarter. Their profits rose because oil prices went up after tensions between the United States and Iran disrupted shipments. The combined profit of the two companies increased by more than 300% to over $26 billion. Higher oil prices made fuel more expensive for consumers worldwide. Some reports note that the conflict also caused fuel shortages in some areas.
S. Korean officials order evacuation after reported white phosphorus leak at US base
Apple's stock price reached a new high. This made Apple's total value $5 trillion. Apple is now the world's most valuable company.
Analysts made big calls on several companies. They said Nvidia's stock price will go up. They also said SpaceX and Disney will do well.
China’s exports to the United States dropped in July after a short rise earlier this year. The China Beige Book survey shows that factory activity slowed down during the same month. This suggests that demand for Chinese goods in the U.S. is weakening.
Analysis: Kevin Warsh's Fed press conference will be revealing even without a rate hike
JetBlue updates fare structure as airlines see benefit of segmented pricing
ICE Arrests Surge at Airports, Opening New Front in Deportation Drive
The article looks at how much interest a $40,000 three‑month certificate of deposit (CD) could earn for savers who act now. It explains that a CD is a bank product that locks money for a set time and pays a fixed rate. The piece notes that such a CD offers several advantages, like safety and predictable returns. It advises readers to compare rates and terms before opening one.
Houthis Claim Strike on Another Saudi Oil Tanker
Grenada officials reexamining missing American woman's last known movements
In 2026, the U.S. Department of Education updated the rules for student loan forgiveness. Borrowers who work in public service or have income‑driven repayment plans may now qualify after fewer years. Some loans that were previously ineligible are now eligible. The changes aim to help more people reduce their debt burden.
In premarket trading, shares of Meta, Microsoft, Teladoc and Norwegian Cruise Line moved the most. In after‑hours trading, Microsoft, Meta, Starbucks and Carvana saw the biggest price changes. These moves show how investor reaction can differ before the market opens and after it closes.
Many old debts that banks wrote off are sold to debt‑buying companies. These companies often buy the debts for a low price and may sue people to collect the money. If you are being sued for a debt, there are organizations that offer assistance. Getting help early can stop a lawsuit from causing more financial problems.
The US economy did not grow very fast recently. It grew by 1.5% over the last three months. This is slower than before. High prices for imported goods made things harder. Even so, people kept spending money.
The Federal Reserve banned two former bank employees from working in banking. Simon Gonzalez, who worked at Regions Bank, misused customer money. Ralph Mojica, who worked at First Interstate Bank, stole customer and bank funds. The Fed issued consent prohibition orders against them.
The Federal Reserve announced a written agreement with Iuka Bancshares, Inc. and its bank, Iuka State Bank. The agreement deals with problems found in the bank’s lending and risk management. The Fed will watch the bank to make sure it follows the rules. The action was announced on Thursday.
CBS News explained how much interest a $10,000 deposit would earn in a 2-year CD opened in August. The article gave an example calculation based on current rates. CNBC listed the highest 5-year CD rates available in July 2026, noting some reach 4.35%. Both stories discuss certificate of deposit rates but look at different terms and dates.
The Securities and Exchange Commission said the Small Business Capital Formation Advisory Committee will meet again. The meeting was first held on July 21, 2026 and will continue on August 6, 2026 at 1 p.m. Eastern Time. It will be held online and can be watched on SEC.gov. The committee will discuss ways to make it easier for small companies to sell shares and get money from public markets.
SK Hynix second-quarter profit surges 557% to a new high — but misses estimates
Reihan Salam is a writer who loves New York and the free market. He is worried about the city and the economy. He wants to talk about his concerns.
In premarket trading, stocks like Replimune, Chevron, Apple, Amazon and Moderna showed the biggest price changes. Later, in after‑hours trading, Apple, Amazon, Rivian and Reddit were among the biggest movers. These moves reflect investor reaction to news outside regular market hours.
Samsung Electronics reported a record operating profit of about $62 billion for the April‑June quarter. The profit was driven by strong demand for memory chips used in AI products. Despite the profit, Samsung’s share price fell this week as investors worried about the future. Concerns include whether the AI spending boom will last and competition from cheaper chips made in China.
An exam paper leak in India triggered student protests across the country. The leak showed that many young people cannot find jobs after graduation. Unemployment among Generation Z is high and causing widespread anger. The protests are really about the deeper jobs crisis, not just the leaked test.
Turkey and Iraq have signed a new one-year agreement for oil transport. The deal allows 750,000 barrels of crude oil to flow each day through the Iraq‑Turkey pipeline. Officials from both countries confirmed the renewal. The pipeline is a key route for Iraqi oil to reach international markets.
Some Federal Reserve officials disagreed with the majority and voted for higher interest rates. They said inflation has stayed above the Fed's 2% goal for over five years. The dissenters believe stronger action is needed to bring prices down. Their views were shared in a recent Fed meeting summary.
The Federal Reserve decided to keep interest rates the same. This is the fifth time in a row they have done this. The interest rates are between 3.5% and 3.75%. This decision was expected by many.
Fed interest rate vote poses a test for Warsh as Iran war, tariff push send prices higher
Meta Platforms reported its earnings. The company's profit was lower than expected. Its revenue was higher than expected. Meta's shares fell 11% after the report.
The US Federal Reserve made a decision about interest rates. They raised the rate by 0.25% to 5.25%. This is to control inflation. The Federal Reserve is a group that makes decisions about the US economy.
Financial fraud means people trick others to take their money. In 2024, this cheating cost older Americans almost $2.4 billion. This big amount of money was lost because of these scams. A new law is coming to slow down this bad problem.
About 450,000 student borrowers say their colleges lied to them and took their money. They want the government to cancel their federal student loans. The case began as Sweet v. DeVos in 2019, then became Sweet v. Cardona, and is now Sweet v. McMahon. The lawsuit has been stuck in court for years.
