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The Latest Breaking News from International Business Times

Corporate Profits Are Soaring. At The Same Time, Workers Hit Their Lowest Share of National Income Ever Recorded.

A report from the Federal Reserve Bank of New York found that U.S. workers received just 54.1% of national income in early 2026, the lowest level recorded since the data series began in 1947.

International Business Times

Many Analysts Expected AI To Replace Workers. New Company Data Tells A Different Story.

Businesses making the largest investments in artificial intelligence expanded their workforces faster than comparable companies after adopting the technology, according to new research.

International Business Times

The Automotive Industry Does Not Have a Sales Problem; It Has a Leadership Problem That Customers Feel Every Day

Patrick Covert explains why the automotive industry's customer experience challenges stem from leadership, culture, and dealership practices.

International Business Times

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Duane Massie on Why AI Marks the First True Shift From Standardized Systems to Business-Driven Technology

SigmaIQ founder Duane Massie explains how AI is reshaping enterprise technology by creating value-led systems instead of forcing businesses to adapt.

International Business Times

The Dow Jones Closed Out Its Best First Half In Five Years. Here's What Analysts Say Could Come Next.

Stocks climbed again on Tuesday, closing out a positive first half of the year for all major indexes.

International Business Times

Birth on American Soil Has Almost Always Guaranteed Citizenship. The Supreme Court Just Rejected Trump's Effort To Change That.

The U.S. Supreme Court on Tuesday ruled that the Constitution guarantees birthright citizenship for nearly all children born on American soil, rejecting the Trump administration's effort to narrow the scope of the 14th Amendment.

International Business Times

The AI Boom Is Helping Power The U.S. Economy. But Cleveland's Fed President Says It Could Also Fuel Inflation.

Cleveland Fed President Beth Hammack said that "insatiable" demand of AI infrastructure is fueling inflation.

International Business Times

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Washington Said The SAVE Act Was Clarity For Crypto. The Market Is Reading It As Uncertainty Instead.

Expectations for the bill to pass by the end of 2026 have fallen to 48%, down from 70% in mid-May, reflecting shifting sentiment around the timing of legislation and ongoing policy disagreements.

International Business Times

Political Parties' Spending In Elections Faced Limits For Decades. The Supreme Court Has Just Removed The Cap.

The U.S. Supreme Court on Tuesday struck down longstanding federal limits on how much political parties can spend in coordination with their candidates for Congress and the presidency.

International Business Times

Thomas To on How AI-Enabled Biology is Advancing Drug Discovery and Scientific Innovation

While public conversations may often focus on chatbots and workplace automation, To sees specialized AI systems trained on scientific data as an important area where technology and biology can work together to support researchers exploring new therapies.

International Business Times

Doug Werby: A Multidisciplinary Creative Exploring New Frontiers Through Technology and Storytelling

According to Doug Werby, AI expands creative possibilities, while experienced professionals provide the judgment, perspective, and storytelling instincts that give those possibilities meaning.

International Business Times

Wall Street's AI Boom Has Powered Stocks For Years. Now Investors Want Proof Before Pouring More Money.

Investors are weighing massive artificial intelligence spending, strong corporate earnings expectations, and the Federal Reserve's policy stance as geopolitical tensions and election-year uncertainty continue to shape US markets.

International Business Times

The AI Boom Has Sent Major Stock Indexes Soaring. But The Magnificent 7 Tell a Different Story.

The seven largest U.S. technology companies have seen trillions erased in market value this month even as chipmakers and memory suppliers extend a separate rally tied to artificial intelligence demand.

International Business Times

Establishment Democrats Have Suffered Heavy Blows In Recent Primaries. They Fear It Could Happen Again In Colorado.

Veteran Rep. Diana DeGette is fighting to hold off progressive challenger Melat Kiros in a race that has become part of a trend of a divide in the Democratic Party between its establishment and more left-wing factions.

International Business Times

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International Business Times

BIS Warns that The Ongoing AI Boom Echoes Painful Historical Investment Busts

A new report cautions that the extraordinary spending on AI infrastructure bears striking similarities to past technological revolutions that ultimately ended in financial corrections and recessions.

International Business Times

HSBC Warns Markets Are Ignoring the Biggest Risk Heading Into the Second Half of 2026

HSBC warned that markets have become increasingly vulnerable to so-called "pain trades," unexpected moves that go against the prevailing consensus and force investors to unwind crowded positions rapidly.

International Business Times

AI Deepfake Scams Tricking Americans Out Of Dozens Of Billions. And It's Not Just The Elderly.

Americans lost an estimated $68 billion to scams in 2025, with 15 million people (about 6 percent of U.S. adults) personally falling victim, according to a new report from Gallup and the Stop Scams Alliance.

International Business Times

Ripple Moves $16 Trillion a Year. Is XRP Price Really Going 100x?

Ripple CEO Brad Garlinghouse dropped a figure on CNBC that XRP holders have been screenshotting all week

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International Business Times

Venezuelan Deportees Were Sent To a Hotel When Returned To Their Country. Then The Earthquakes Hit.

Dozens of Venezuelans who were deported on June 24 were killed when successive earthquakes hit the country just hours after they landed.

International Business Times

Michael Saylor Signals Another Bitcoin Buy. The Same Week Strategy Filed to Sell $1.25 Billion

On Sunday, June 29, Michael Saylor posted Strategy's Bitcoin acquisition tracker to X with the caption "We're gonna need more charts,"

International Business Times

The AI Industry Continues To Boom. A Bipartisan Group Pushing For Strong Regulation Just Raised Over $80M.

Public First Action, a bipartisan advocacy group backing stronger artificial intelligence safeguards, said Tuesday it has raised more than $80 million since its launch.

International Business Times

When 'Treat Yourself' Beauty Started Doing The Math

Consumers are rethinking beauty spending as value becomes more important than prestige. From magnetic lashes and press-on nails to skincare and fragrance dupes, shoppers are replacing recurring beauty costs with affordable, reusable alternatives.

International Business Times

A Senate Committee Cleared Ruben Gallego Of Campaign Finance Violations. The DOJ Is Investigating Him Still.

Arizona Democratic Senator Ruben Gallego is facing a Justice Department investigation into campaign finance despite being cleared by a Senate Committee of any wrongdoing.

International Business Times

A Record $7.9 Trillion Is Sitting in Cash. Citi Warns Inflation Is Making It Bleed Value.

The Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, climbed to a seasonally adjusted annual rate of 4.1% in May, marking its highest reading since April 2023.

International Business Times

History Says the Nasdaq Dominates the Summer. Another Trend Says Beware.

Bank of America listed its best seasonal trades for the third quarter of the year in a new note.

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