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The Latest Breaking News on Business

Oil prices are pairing gains on Monday after an Iranian official said talks with the U.S. could be pursued again based on national interests.

International Business Times

What Is InterPositive? Everything About Ben Affleck's $587M AI Sale to Netflix

Netflix's $587 million acquisition of AI firm InterPositive, co-founded by Ben Affleck, highlights a shift towards AI-driven filmmaking.

International Business Times UK

High school math teacher seeks to win US House seat in Minnesota by emphasizing affordability

Democrat Jake Johnson is running against Brad Finstad, who has held his seat in Minnesota’s first district since 2022

The Guardian - US

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Housing Has Overtaken Inflation as Biggest Concern for Young Americans Ahead of 2026 Midterms, Survey Finds

Housing costs have become the top political issue for Americans ages 18 to 34 ahead of the 2026 midterm elections, according to CNBC’s latest All-America Economic Survey, highlighting how affordability is emerging as a key issue for younger voters.

Benzinga

Texas’ bite of the microchip industry is growing thanks to public grants, incentives

For years, the state has been the leading exporter of semiconductor chips. After the Legislature invested more than $1.5 billion into incentives since 2023, the industry has been booming.

The Texas Tribune

2.6 million lost insurance after ACA cut

Consequences of lost coverage often appear later in doctors’ offices, emergency rooms and family budgets

Salon

Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say

Real estate experts tell Fortune those making a middle-class salary are better off renting than buying with fewer affordable homes in the Miami market.

Fortune

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Samsung Layoffs Impact Over 60% of New Jersey Staff as HQ Moves to Texas: 739 Roles Affected

Samsung is relocating its US HQ from New Jersey to Texas, affecting hundreds of consumer electronics jobs, amid record profits in its AI chip division and a broader tech shift to Texas.

International Business Times UK

Elon Musk Says Traffic Will Get Worse With Robot Cars, Reaffirms Tesla FSD Will Remember Individual Preferences

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has predicted that self-driving cars will cause traffic to increase in the future as more vehicles will be on the road.

Benzinga

Warren Buffett admits to a rare mistake with these 2 big tech stock bets

Warren Buffett admits he bought Alphabet too late and sold Apple too soon, even as Apple remains Berkshire's largest holding at nearly 22% of its portfolio. The 95-year-old also warns that today's market favours gambling over value investing.

The Economic Times

US equity funds see first weekly outflow in three weeks as chip selloff weighs on sentiment

US equity funds saw their first weekly outflow in three weeks, with a net $4.8 billion pulled amid a semiconductor selloff and US-Iran tensions, even as bond funds extended their winning streak to 13 weeks and money market funds recorded their largest outflow since April, per LSEG Lipper data cited…

The Economic Times

US Stock Market: Earnings season gathers pace as AI heavyweights, chipmakers take centre stage

US corporate earnings season is set to accelerate this week with key tech giants announcing their results for this quarter. Investors anticipate strong artificial intelligence growth while monitoring geopolitical tensions and inflation data. Alphabet and Intel results will provide direction for the crucial semiconductor sector. Tesla's earnings also remain a…

The Economic Times

TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investment

Speaking after blockbuster second-quarter results on Thursday, Chief Financial Officer Wendell Huang said the company is "very happy" with progress in Arizona, which is why it decided to ramp up investment to $265 billion.

The Economic Times

Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?

Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week's rally, when it gained 15.9%, marking its biggest weekly advance since April.

The Economic Times

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Tom’s Hardware

Samsung cuts hundreds of US consumer electronics jobs ahead of Texas HQ move — 739 roles affected in New Jersey as chip division posts record profit

Samsung told Reuters that a majority of the affected New Jersey employees received relocation offers, while others were let go.

Barchart

What a New Uber Eats Deal Means for GameStop Stock

GameStop’s new Uber Eats partnership could strengthen the retailer’s omnichannel strategy. So, is now the time to invest in it?

International Business Times UK

Millions of Americans Are Buying Groceries on Credit They Can't Afford to Repay, Study Finds

An Urban Institute study found millions of Americans are relying on credit cards and BNPL to pay for groceries.

Benzinga

Consumer Tech (Jul 13-17): IBM Sees Worst Day On Record, Gemini 3.5 Pro Release Delayed, Uber Acquires Delivery Hero & More

President Donald Trump, hedge fund billionaire Bill Ackman and entrepreneur Anthony Pompliano criticized New York’s decision to temporarily halt approvals for new large-scale data centers.

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news in one place.

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The Guardian - US

Angry about fraud or an unsafe product? Here’s how to file a federal complaint

It’s always worth lodging a complaint, despite government budget cuts, layoffs and the rollback of regulatory oversight

Barchart

A $1 Billion Reason to Sell AST SpaceMobile Stock Here

AST SpaceMobile has announced a $1 billion convertible offering triggering dilution concerns among investors.

Fortune

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

Fuel costs and flight prices are rising, but United's second-quarter earnings show passengers aren't pushing back.

Benzinga

Ross Gerber Says EVs Can Reduce Oil Dependence, Emissions and Global Conflicts: 'Say No To War Over Oil'

On Saturday, investor Ross Gerber renewed his support for electric vehicles, arguing that Global electric vehicle (EV) adoption could help reduce oil dependence, lower emissions and reshape the future of global transportation.

Barchart

Multiple Compression Is a Real Threat to Microsoft Stock, But Its Core Story Isn’t Broken

Citi cut its Microsoft price target from $620 to $570 while maintaining a 'Buy' rating, citing ongoing software multiple compression after the stock dropped 10%.

Barchart

Mark Cuban Says If You’ve Got $100,000, You’ll Get The ‘Best Guaranteed’ ROI Buying Bulk Toothpaste & Soup — Put the Rest in the Bank, ‘Let It Earn Nothing’

Mark Cuban shares what he’d do with a $100,000 windfall, including paying off debt, buying household essentials in bulk and explaining why keeping cash in the bank can be a smart move.

Kiplinger

If AI Is Doing More of the Work, What Are You Paying Your Financial Adviser For?

It's crucial to understand whether your adviser is using AI to enhance your personal experience without sacrificing the human judgment you're paying for.

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