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The Latest Breaking News from United States

US heatwave threatens 250th anniversary events and World Cup

Weekend’s high temperatures and humidity ‘virtually impossible’ without climate crisis, researchers say

The Guardian - US

Organized crime is building an AI hardware cargo theft economy: 'The economics have become just crazy from the criminal opportunistic perspective'

Cargo theft was a $725 million problem in 2025, with electronics making up 22%, by some estimates, and there’s a particular AI thirst.

Fortune

Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’

Espinosa faces the challenging task of revitalizing an automaker that’s getting hit on multiple fronts, from fierce Chinese competition to U.S. tariffs.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Predicted $27bn wartime windfall for Australian LNG exporters reignites calls for new gas tax

David Pocock says the huge revenue boost for gas companies underscores that Australians are ‘missing out on a fair return’

The Guardian - AU

Trump Wants the US Economy Growing at Over 12% and Says the Fed Keeps Trying To 'Kill It' With Higher Rates

President Donald Trump has advocated for more flexibility in the Federal Reserve’s approach to interest rates and economic growth.

Benzinga

The World Bank has elevated Vietnam and the Philippines to upper-middle-income status—but now they face 'a far more demanding phase of development'

Both countries must now escape the middle income trap that has stalled several of their Southeast Asian peers.

Fortune

Ross Gerber Says Tesla's Stock Decline Renews Focus on Other Challenges for Elon Musk: 'They Make Just 3 Models'

Although Tesla Inc.‘s (NASDAQ:TSLA) second-quarter delivery figures massively exceeded Wall Street estimates, the EV giant’s stock sharply declined despite the positive sales milestone and investor Ross Gerber thinks that is the least of Tesla’s problems.

Benzinga

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UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live

Rolling coverage of the latest economic and financial news

The Guardian - UK

California farmer and food marketer spar over who can sell white nectarines

A California farmer has been giving away free nectarines this week amid a legal dispute with a food market and distributing company claiming exclusive rights over the variety of white nectarine he grows

The Independent UK

Newsletter: ‘Raging’ Trump turns up the heat ahead of NATO summit

Good morning and welcome to Friday, I’m Mared Gwyn. We wrap up this week with another dispatch from Ireland as it takes on the six-month EU Council Presidency, and a look ahead to next week’s high-stakes NATO summit in Ankara.

Euronews

US Rejects International Criminal Court Authority Over Americans — What It Means For You Abroad

Acting Attorney General Todd Blanche told the ICC the US rejects its jurisdiction over Americans worldwide, a stance experts warn may collide with US law on Russian war crimes cooperation.

International Business Times UK

AI fatigue takes centre stage as Fed fears ease: Ed Yardeni

Market strategist Ed Yardeni suggests corporate earnings, geopolitical stability, and the evolving AI trade are now overshadowing the Federal Reserve's influence on equities. Investors have largely adjusted to higher interest rates, with inflation easing and the economy showing resilience. Yardeni notes "AI fatigue" is leading to sector rotation, but believes…

The Economic Times

What to know about the funeral and burial of Iran's former Supreme Leader Ayatollah Ali Khamenei and who's attending from India

Iran and Iraq prepare for the funeral of Supreme Leader Ayatollah Ali Khamenei, months after his death in a US-Israel war. The delayed ceremony, beginning Saturday, will gauge the theocracy's public support following recent crackdowns. The event's significance is amplified by the potential first public appearance of his successor, Ayatollah…

The Economic Times

Death toll rises to 30 following Russia's massive attack on Kyiv

The Ukrainian branch of the Red Cross said its humanitarian warehouse in Kyiv had been destroyed in the strikes, with around €1.5 million worth of aid and equipment lost.

Euronews

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The Economic Times

Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge Ratings

India faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon deficit impacting agriculture. Despite a widening non-oil trade deficit, strong services exports and a surge in FDI inflows are providing crucial support. Remittances also show robust…

The Economic Times

Extreme heat could change the mix for European drinks makers

Europe's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme temperatures, beyond 32°C, can deter drinkers, leading to decreased consumption. Health authorities advise against alcohol during heat, citing dehydration risks. While some seek indoor, air-conditioned venues, others find the heat a reason…

The Economic Times

ICICI Bank mulls first benchmark dollar bond sale since 2017

ICICI Bank is planning its first benchmark US dollar bond sale since 2017, aiming to raise at least $500 million through offshore bonds. The proposed issuance comes after the RBI introduced a concessional foreign exchange swap facility, encouraging Indian lenders to tap overseas markets for funding.

The Economic Times

Hindustan Zinc shares jump 3%. Here are 3 reasons behind today's shine

Hindustan Zinc shares surged over 3% on Friday, adding approximately Rs 6,815 crore to its market value. This rally was fueled by a weaker US dollar, soaring silver prices, and a positive Q1 business update. The company reported its highest-ever first-quarter mined metal production, despite a slight dip in silver…

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Benzinga

Stock Market Open on July 3? What US Investors Need to Know About NYSE, Nasdaq and Bank Holiday Hours for the Fourth of July Weekend

As the United States prepares to celebrate a historic milestone, investors need to know if the stock market will be open on July 3. Because the federal holiday falls on a Saturday, the financial sector, government offices, and postal services are adjusting their operating schedules, creating a unique mix of…

International Business Times UK

Trump Urged to Overrule FIFA and Save US Star Balogun from Red Card Suspension

President Trump faces calls to intervene after US striker Folarin Balogun's controversial red card at the World Cup, leaving the team without its top scorer for the next match

Euronews

Europe Today: Kyiv attack, NATO summit and pressure on Russia

Ukraine observes a day of mourning after Russia's deadly strike on Kyiv as NATO allies prepare for next week's summit in Ankara. Ireland considers ending alumina exports to Russia while the EU investigates the Patriots political group.

The Economic Times

2026 multibagger smallcap stock jumps another 10% after Rs 1,437 crore Vedanta Aluminium order

Bluspring Enterprises shares hit a record high after its subsidiary secured a Rs 1,437 crore operations and maintenance contract from Vedanta Aluminium Metal. The order strengthens the company’s order book, while multiple recent contract wins and positive brokerage views on Vedanta Aluminium support investor sentiment.

International Business Times UK

Catherine Herridge Faces $800-a-Day Fine as Supreme Court Backs Hunt for FBI Leaker

The US Supreme Court has upheld daily fines against journalist Catherine Herridge in a case testing press freedom and source protection, following her reporting on a Chinese American scientist investigated by the FBI.

The Economic Times

Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 grams

Gold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finance up by as much as 5%. This rally was triggered by weaker-than-expected US jobs data, which cooled inflation concerns and reduced expectations of an imminent interest rate…

The Times of India

Ford fired an 11-year employee over a $1.95 cookie, then his bank statement changed everything

A routine snack break at a Ford factory turned into a workplace dispute that has drawn widespread attention in the US. Kurt Kromm, a 60-year-old electrician who had worked at Ford's Kentucky Truck Plant for 11 years, was fired after the company accused him of stealing a $1.95 chocolate chip…

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