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Hormuz deadlock: Where oil prices could head next as prospects for an imminent deal fade
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.
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Companies, industries, entrepreneurship, trade, and the economic forces moving global markets.
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Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?
The first three-plus years of the AI buildout has been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.
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'That's a good idea': U.S. and Iran trade reparation demands as Hormuz deal hopes fade
The dueling positions Washington and Tehran staked out showed how far apart the two sides remain even as both talked of winding down regional hostilities.
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FIFA World Cup 'will never be as profitable' if Infantino is ousted, Trump warns amid global soccer revolt
President Gianni Infantino pushed FIFA's commercialization drive, which culminated in the largest, most profitable World Cup on record
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Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit
IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.
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U.S. judge ends graft case against Indian billionaire Gautam Adani
A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.
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Eli Lilly takes weight-loss pill battle global with first Foundayo approval outside U.S.
Lilly's Foundayo wins U.K. approval, taking its weight-loss pill battle with Novo Nordisk's Wegovy beyond the U.S. market.
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U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens
U.S. crude is back above $84 as last week's anticipation of a U.S.-Iran deal dissipates.
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Mars Bar from 1991 found - and it's 56% bigger than today's
The woman who found the chocolate bar during a house clearance compares it with today's Mars Bars.
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Treasury yields up as oil prices jump and investors await inflation data
U.S. Treasury yields edged higher Tuesday as investors await July's inflation data print amid ongoing Iran tensions.
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Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment
His comments come shortly after deadly Russian attacks on cities across Ukraine overnight.
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More than 10 firms pay up to $100,000 a month for fast access to Truth Social posts
Trump Media expects the controversial service, which launched this month, to provide a new revenue stream, as it posts a quarterly loss.
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Intel upsizes stock offering to $20 billion at $95 per share as AI demand accelerates
Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.
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Singapore revises its annual growth forecast sharply higher on AI-related boost
GDP growth for 2026 is now expected to come in at 4.5% to 5.5%, more than double the low end of its previous forecast of 2%-4%
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Trump Media posts $238 million second-quarter loss as crypto declines
TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump's posts.
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OpenAI wraps $7 billion share sale ahead of potential IPO
OpenAI's tender offer has been in the works since the company closed its record-breaking $122 billion funding round in March.
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Trump says he spoke recently to Fed Chairman Warsh, denies regular calls
The president said he had recently been in touch with the Fed chairman, but denied regular contact amid concerns about central bank independence.
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Trump signs executive order calling for fewer childhood vaccines, falsely linking shots to autism
The order builds on the Trump administration's efforts to reshape the childhood shot schedule under HHS Secretary RFK Jr., a longtime vaccine skeptic.
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Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
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SpaceX stock rebounds, closing above $135 IPO price for first time in weeks
SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
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Meta's latest model advances Zuckerberg's vision for personal AI assistants
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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HHS moves to tighten oversight of food ingredients as safety concerns mount
HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility.
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OpenAI expands Daybreak cybersecurity initiative as AI agent threats evolve
The company introduced Daybreak in May as a way for its ecosystem partners to use its most advanced AI models to adapt to a rapidly changing threat landscape.
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Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983
U.S. presidents have increasingly ordered massive releases from the SPR in recent years.
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Three reasons Goldman's co-head of global banking and markets says to stay invested
Goldman Sachs' Ashok Varadhan pointed to three reasons for his constructive outlook.
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Interest rates may stay higher for longer. What that means for consumers
Any move toward higher rates would increase borrowing costs for consumers at a time when affordability pressures are already mounting.
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Taylor Farms recalls jalapeno products after salmonella outbreak
Food producer Taylor Farms is recalling sandwiches, sauces and dips across 26 US states after a salmonella outbreak.
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Thames Water gave finance boss a £1m signing-on fee
The seven-figure payment was given to Steve Buck as part of package to persuade him to join the troubled utility company.
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Water outage forces Chessington theme park to close
Chessington says all tickets booked for Monday can be used on a future date.
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World's biggest chipmaker TSMC's sales surge 45% amid buoyant AI demand
TSMC makes chips for Big Tech customers like Nvidia and Google, so the firm's financial figures are closely watched as a sign of AI semiconductor demand.
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