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The Latest Breaking News on Business

Goldman Sachs profit tops estimates on trading boom, corporate deal spree

Goldman Sachs has reported robust profits for the second quarter, surpassing analysts' predictions. The firm's equities revenue soared to unprecedented levels, fueled by both fluctuating markets and active deal-making. Investment banking fees also experienced a notable increase, thanks to major transactions and advisory engagements. Additionally, the bank's asset and wealth…

The Economic Times

How $9.99 became big retailers’ go-to price for luring in budget-conscious shoppers

One company sees laundry detergent sales double when kept at the magic $9.99 price point - but it has required creativity from retailers

The Independent UK

JPMorgan posts record profit on big gains from dealmaking, stock trading

In a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking and trading revenues. This quarter saw investment banking fees hitting their highest levels since 2021, and market revenues soared by thirty-five percent due to fluctuating trading conditions. Despite this…

The Economic Times

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Why America Built Fewer EV Fast-Charging Stations In Q2

The U.S. added fewer public fast-charging stations last quarter, but growth is still robust.

InsideEVs

Boeing’s Q2 2026 Earnings: What to Expect

Boeing is gearing up to release its second-quarter earnings later this month, and analysts anticipate a double-digit bottom-line surge.

Barchart

Bill Gates Has Been Grilled About His Relationship With Jeffrey Epstein. Now His Foundation Is Not Receiving a Key Donation

Warren Buffet excluded the Gates Foundation from its annual donation of Berkshire Hathaway stock.

International Business Times

PepsiCo's turnaround stutters as Americans rethink snacking

PepsiCo's North American food business sees sales slip as consumers shift eating habits. GLP-1 drug use and rising costs influence purchasing decisions for many households. Consumers now prioritise healthier options, impacting snack consumption significantly. This trend contrasts sharply with Coca-Cola's beverage growth in the same region. PepsiCo must innovate faster…

The Economic Times

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Trump's Tariff Refunds Push June US Budget Deficit to $120 Billion as Treasury Returns Billions

The U.S. Treasury Department on Monday reported a $120 billion federal budget deficit for June after refunding $49.2 billion in tariffs that were later ruled unlawful, marking a sharp reversal from the $27 billion surplus recorded in June 2025.

Benzinga

Trump Accounts Add Confusion to Savings Accounts Without Adding Much Benefit

Let's simplify this system instead of making it even more complicated.

Reason

Current price of oil as of July 13, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

China's exports ride AI boom as domestic economy struggles

China's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a five-year high according to customs data. This strong export performance is helping China maintain its trade surplus despite domestic demand challenges. Auto exports alone surpassed one million units…

The Economic Times

How a Georgia Woman Allegedly Exploited TJ Maxx's Return Policy in a $300K Fraud Scheme, Faces Up to 75 Years in Prison

Santina Hill, 51, faces up to 75 years in prison for orchestrating a $300,000 fraud scheme exploiting retail return policies across multiple states, including Georgia and Florida.

International Business Times UK

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's…

The Economic Times

Bitcoin, Ethereum, XRP, Dogecoin Dip as Trump Reinstates Strait of Hormuz Blockade: Analyst Says Whales 'Actively Accumulating' BTC

Leading cryptocurrencies slid alongside stocks on Monday after President Donald Trump floated full U.S. control over the Strait of Hormuz and a reimbursement fee on all cargo passing through.

Benzinga

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The Economic Times

Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?

Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 a barrel. On Monday, Brent had surged 9.6%, marking its biggest single-day jump since May 2020. Crude prices are now at their highest levels since the…

The Economic Times

Gold drops to 2-week low as oil surge drives inflation, rate-hike fears

Gold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Christopher Waller's hawkish remarks fueled interest rate hike bets. Investors await U.S. CPI data for inflation and Fed policy clues. European Union sanctions targeted Sudan's gold trade…

Barchart

Here's What to Expect From PPG Industries' Next Earnings Report

PPG Industries is projected to announce its second-quarter results later this month, with analysts predicting a single-digit rise in the company's earnings.

The Economic Times

Global Market Today: Asian shares trade mixed; Brent climbs past $85

Oil prices climbed amid escalating US-Iran tensions and concerns over supply disruptions. Treasury yields rose as traders considered potential interest rate hikes by the Federal Reserve. Asian shares showed mixed performance, influenced by a tech stock sell-off. Investors now await US inflation data and Fed Chair Warsh's testimony. These events…

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Barchart

PC Shipments Fell in Q2, but AI Optimism Is Set to Keep Growing and Push DELL Stock Higher

A slowing PC market has created fresh concerns, but Dell's AI infrastructure business continues to exceed expectations.

Barchart

Corn Holding Higher at Monday’s Midday

Corn futures are holding onto the overnight gains at Monday’s midday, with contracts up 4 to 5 cents so far. The CmdtyView national average Cash Corn price is 4 cents higher at $4.12 1/2. Updated forecasts from the NOAA 7-day QPF shows little to no precipitation for an area ranging...

Barchart

Here's What to Expect From Extra Space Storage's Next Earnings Report

Extra Space Storage is set to announce its second-quarter earnings in a few weeks, and Wall Street forecasts a marginal increase in its profits.

Benzinga

Anthropic Accuses Rival Abnormal AI of Mimicking Its Brand

Anthropic is suing AI cybersecurity company Abnormal AI, accusing the company of adopting branding and a logo that Anthropic claims could confuse customers and unfairly benefit from Anthropic’s growing reputation in artificial intelligence.

Barchart

What You Need To Know Ahead of AvalonBay Communities' Earnings Release

AvalonBay Communities is set to announce its second-quarter earnings later this month, and Wall Street expects a marginal decline in its profits.

Saving Advice

How Outdated EBT Cards Are Fueling a Surge in SNAP Benefit Theft

Every month, one in eight Americans, 42.4 million people, use a government-issued EBT card to buy food. It is similar to credit and debit cards,...

Barchart

Western Digital's Quarterly Earnings Preview: What You Need to Know

Western Digital is set to announce its second-quarter earnings soon, and Wall Street expects a triple-digit rise in its profit.

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