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The Latest Breaking News from International Business Times

U.S. Has Resumed Bombing Iran. Most Americans Don't See An End In Sight To Conflict

A new poll has found that four in five Americans expect the U.S. war with Iran to continue for an extended time despite repeated attempts at ceasefires and peace deals.

International Business Times

The EV Market Was Struggling. Then Gas Prices Changed Everything

EV sales rebounded during the second quarter of 2026, suggesting the industry's prolonged downturn may be easing even after the federal electric vehicle tax credit expired last year.

International Business Times

Meta Has Fired Thousands Of Employees. A New Lawsuit Accuses It Of Using AI To target Workers With Medical Conditions

More than two dozen workers of Meta have sued the company over the alleged use of AI to target workers with medical conditions for layoffs as it sheds thousands of jobs.

International Business Times

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Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains

Oil is giving up gains after Trump said he would scrap the plan to charge for passage through the Strait of Hormuz.

International Business Times

President Anticipated a Prime Time Address On Thursday. It Will Reportedly Be About The 2020 Election

President Donald Trump plans to address the nation Thursday with a message about the 2020 election, according to a new report.

International Business Times

New York Has Put The Brakes On AI Data Centers. It's The First State To Order A Construction Pause.

New York has become the first U.S. state to temporarily halt construction of large new data centers.

International Business Times

Tensions Keep Rising Between The U.S. And Iran. Oil Prices Are Climbing Further

Oil keeps rising as tensions between the U.S. and Iran flare up.

International Business Times

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JPMorgan's Revenue Climbed Across All Business Units. The Bank Reported Record Profits In The Second Quarter

JPMorgan CEO said the company has "discrete areas where we did reduce jobs by 30% or 40%" as a result of increased AI use.

International Business Times

Tensions Between The U.S. And Iran Keep Climbing. Trump Has Now Vowed To Target a Key Facility

President Donald Trump said the U.S. will "take out" Iran's Pickaxe Mountain, which houses compounds believed to be able to resist the country's most powerful bunker buster bombs.

International Business Times

Fed Chair Warsh Acknowledges Inflation Is An 'Undue Burden' On U.S. Households. He's Vowing To Make It 'A Thing Of The Past'

Federal Reserve Chairman Kevin Warsh vowed to defeat inflation and "get monetary policy right."

International Business Times

Inflation Rose Less Than Expected In June As Energy Prices Eased. New Clashes With Iran Could Jeopardize The Trend

Inflation rose below expectations in June as energy prices eased. However, they have been rising over the past days as tensions between the U.S. and Iran rise again.

International Business Times

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

IBM's Second-Quarter Results Fell Short Of Expectations. Its Shares Are Plummeting

International Business Machines' shares plummeted on Tuesday after the company's preliminary second-quarter results fell short of expectations.

International Business Times

"Bitcoin Will Be Higher": The Editor Who Broke FTX Says We're Still in the First Inning

Ben Schiller has been in journalism since 1997 and in crypto for a decade, which makes him one of the few people who watched the dot-com bubble inflate and pop before he ever heard the word blockchain.

International Business Times

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International Business Times

Inflation Is Still Above Target. Fed Governor Christopher Waller Says Rate Hikes Could Still Be Coming

Federal Reserve Governor Christopher Waller urged policymakers to take a measured approach as they assess whether inflation is becoming entrenched again.

International Business Times

The AI Boom Is Putting The Career Ladder Into Question. It Is Also Leading Older Workers To Early Retirement

Workers aged 55 and older in occupations with greater exposure to AI became more likely to leave employment after ChatGPT was released in November 2022, according to a new study.

International Business Times

China's AI Race Is Producing New Winners. Goldman Sachs Says A Few Models Are Pulling Ahead.

China's rapidly expanding artificial intelligence sector is beginning to produce clear leaders as companies compete to improve large language models and expand enterprise adoption.

International Business Times

Volkswagen is Fighting Rising Costs and Global Competition. Its CEO Says 100,000 People Could Be Laid Off To Reorganize

Volkswagen CEO Oliver Blume has warned employees that the German automotive giant may need to eliminate roughly 50,000 additional jobs on top of previously announced workforce reductions.

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International Business Times

Wall Street Poised For Strong Q2 Earnings As SpaceX IPO, Market Volatility Drive Growth

JPMorgan, Goldman Sachs and other big banks are poised for strong Q2 earnings, fueled by the SpaceX IPO, Iran war-driven market volatility and a recovery in commercial lending.

International Business Times

The U.S. And Iran Are Escalating Clashes Again. Stocks Dropped And Oil Soared Almost 10%

Stocks dropped on Monday as tensions between the U.S. and Israel flare up again.

International Business Times

How Online Marketplaces Manage Consumer Protection Risks: Temu as a Case Study

This article takes Temu as a case study, examining the controls it has put in place and how its approach has evolved since its 2022 launch.

International Business Times

Restaurants Are Finding AI's Next Job: Running the Business Behind the Kitchen

For operators managing multiple locations, recovering one or two percentage points of labor or food costs can translate into tens—or hundreds—of thousands of dollars annually.

International Business Times

Trump Calls For Senate Vote On CLARITY Act. He Says It's A Tribute To Lindsey Graham.

President Donald Trump has renewed his push for comprehensive cryptocurrency legislation, urging the Senate to approve the CLARITY Act while dedicating the effort to the late Sen. Lindsey Graham.

International Business Times

PanTerra Streams.AI Extends Microsoft Teams Into a Full Enterprise Communications Platform

Streams.AI for Microsoft Teams is now available to PanTerra customers on Business Plus and Professional Plus plans at no additional integration cost.

International Business Times

Paramount Made A Bid to Acquire Warner Bros.-Discovery. Now 12 States Are Suing to Block the Merger.

A coalition of 12 U.S. states filed a lawsuit Monday seeking to stop Paramount Skydance's proposed $110 billion acquisition of Warner Bros. Discovery, arguing the blockbuster media merger would reduce competition, drive up prices for consumers and further consolidate power in Hollywood.

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