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The Latest Breaking News from International Business Times

SpaceX's Next Test: Can Share Prices Survive The Upcoming Multi-Billion Share Unlock?

Short sellers have made billions as SpaceX shares fell below the IPO price and more shares will hit the market soon.

International Business Times

A Trump Teleprompter Operator Allegedly Used Kalshi to Bet on the President's Speeches. Federal Regulators Took Notice.

Gabriel Perez is negotiating a settlement with the Commodity Futures Trading Commission (CFTC) over allegations that he wagered on Trump's speeches using nonpublic information obtained through his job.

International Business Times

A Fed Voting Member Said Interest Rates Should Be Higher. Stocks Fell

Stocks fell on Thursday as chipmakers dropped despite solid earning reports.

International Business Times

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The Global Race to Regulate AI Is Creating New Risks for Businesses

AI regulation is a healthy step for states and countries concerned about the speed of AI adoption. However, it's creating new complexities for businesses to navigate.

International Business Times

The Milk That Milk Forgot: How Alexandre Family Farm Brought A2 Back

A study published in the Nutrition Journal found that individuals consuming pure A2/A2 milk experienced more normal bowel function and significantly less abdominal pain than those drinking conventional A1/A2 milk.

International Business Times

Inflation Fell More Than Expected In June, But a Fed Member Said Interest Rates Should Be 'Modestly' Higher

Dallas Federal Reserve President Lorie Logan said interest rates should be "modestly" higher to help inflation return to the 2% goal.

International Business Times

From the Jersey Shore to a National Platform: How Suite Capacity Is Expanding Across the United States

Suite Capacity is one of the larger short-term rental operators on the New Jersey coast, managing more than 70 units from Asbury Park to Cape May along with two boutique hotel properties being brought into the same system.

International Business Times

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SpaceX's Stock Keeps Falling. Short Sellers Are Now Piling Up

Short sellers are piling up their bets against SpaceX as the company's stock falls after its IPO last month.

International Business Times

CIPA Lawsuits Are Surging: Why Your Website Could Be Next

The California Invasion of Privacy Act, or CIPA, was written for the age of the rotary phone. It bans recording or listening in on a private conversation unless everyone involved agrees, and it lets any Californian sue over a violation, with damages of US$5,000 each time it happens.

International Business Times

Jamie Dimon's JPMorgan Is Closing In on a Historic Milestone. The World's First $1 Trillion Bank

JPMorgan Chase is on the verge of making financial history as the first bank ever to reach a $1 trillion market valuation.

International Business Times

America's College-First Mindset Is Failing the Workforce

For decades, we have told young Americans that if they want a successful life, there is only one respectable path: go to college. That message has become so deeply embedded in our culture that many families accept it without question.

International Business Times

The World Cup Is Boosting Spending. Hotels, Beer And Tourism Feel It First.

The FIFA World Cup has delivered a lift to businesses in several U.S. host cities, with hotels, bars and restaurants reporting stronger traffic as millions of fans traveled across North America for the tournament.

International Business Times

OpenAI Launches $230 AI Keyboard Amid Questions Over Ad Revenue Forecasts

OpenAI launched its $230 Codex Micro keyboard as analysts question advertising forecasts while Apple litigation and IPO plans add fresh pressure.

International Business Times

Knaken Has Been Declared Bankrupt. Investigators Say €7 Million Is Missing.

Dutch cryptocurrency platform Knaken has been declared bankrupt by a court in Rotterdam after prosecutors said approximately €7 million ($8.1 million) in customer funds could not be accounted for.

International Business Times

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International Business Times

Former Fed Adviser Covertly Shared Confidential Information With China. Now He Faces Time In Prison

A former Fed advisor was sentenced to more than three years in prison after lying to investigators about his ties to Chinese intelligence operatives.

International Business Times

JD Vance Breaks With the White House on the Epstein Files, Says Trump Administration 'Mishandled' Their Release

During an appearance on The Joe Rogan Experience released Wednesday, JD Vance conceded that the administration failed to properly manage both the release and the public expectations surrounding the Epstein files.

International Business Times

A Key Aspect Of Trump's Support Base Is Weakening, A New Poll Shows

A new poll has found that President Trump's approval rating stands in the 30s, with signs that support among some in his base is weakening.

International Business Times

Eli Lilly Changed Depression Care With Prozac. Now It's Betting on Psychedelics with AtaiBeckley Acquisition

Eli Lilly is making its biggest move yet into the rapidly evolving field of psychedelic medicine, acquiring clinical-stage biotechnology company AtaiBeckley in a deal valued at up to $3.8 billion.

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International Business Times

Google DeepMind Is Preparing For AI's Biggest Risk. Biosecurity Is Becoming A New Battleground.

Google is expanding access to select AI tools for governments and researchers as scrutiny of biological risks associated with advanced models continues to grow.

International Business Times

XRP Jumps to $1.12 as Binance Drops an $800K Reward Play. Is the Breakout Real?

XRP popped to around $1.12, a roughly 2% gain, after Binance unveiled an $800,000 XRP reward campaign on July 15.

International Business Times

Trump Speech Might Focus On Foreign Election Interference From a Top Rival: Report

President Trump will reportedly discuss previously undisclosed meddling by China in U.S. elections in his prime time speech on Thursday.

International Business Times

FDA Clears First Of Its Kind Cholesterol Medication: Lipfendra Makes History

The U.S. Food and Drug Administration has approved Merck's Lipfendra (enlicitide), making it the first oral PCSK9 inhibitor available in the United States and offering millions of patients with high cholesterol a new alternative to injectable therapies.

International Business Times

TSMC Just Had Its Best Quarter Yet. The AI Boom Is Raising The Bar Even Higher.

TSMC is expanding its U.S. manufacturing footprint after posting another record quarter driven by AI-related demand.

International Business Times

As U.S.-Iran Tensions Escalate, Iran Has Reportedly Told a Key Ally To Stand Ready To Close Another Waterway

Iran has reportedly told Yemen's Houthis to close the Bab el Mandeb strait in the Red Sea if clashes with the U.S. continue to escalate and Tehran makes the call.

International Business Times

Inflation Decelerated In June. But Grocery Shopping In The U.S. Decreased Anyway

The buying of grocery units fell 1.8% in June compared to the previous year, according to a new analysis.

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