Microsoft cuts 4,800 jobs with Xbox restructure, CEO cites unhealthy business
Microsoft announced 4,800 layoffs affecting Xbox gaming unit and commercial operations, with CEO acknowledging the gaming business is not healthy amid declining
US Top News and Analysis · +15 outlets
Samsung posts third straight record quarterly profit on AI chip demand
Samsung reported record April to June earnings driven by elevated memory chip prices amid strong AI demand, signaling continued strength in semiconductor market
International homepage · +14 outlets
Wall Street rally caps first half with Nasdaq up 12.8 percent despite rate concerns
U.S. stocks extended gains Monday with chip sector rebound offsetting AI stock weakness, as investors digest Fed messaging and earnings season.
MSN · +9 outlets
Trump predicts market adjustment as Wall Street braces for Fed policy collision course
President Trump and Fed Chair Kevin Warsh are on a collision course over interest rate policy, with financial markets facing potential turmoil.
AOL.com · +8 outlets
Fed official backs Kevin Warsh's rethink of central bank forward guidance
Christopher Waller sided with the new Fed chair in supporting revised communication strategies to markets about monetary policy direction.
International homepage · +14 outlets
Toyota to invest 3.6 billion dollars to move Tacoma production from Mexico to Texas
Toyota announced a major manufacturing shift, committing 3.6 billion dollars to relocate Tacoma pickup truck production to its San Antonio plant in response to
US Top News and Analysis · +9 outlets
Canada selects Germany's TKMS for multibillion-dollar submarine contract over U.S.
Canada chose a joint German-Norwegian team led by TKMS for a landmark submarine contract, marking a pivotal shift away from American vendors.
International homepage · +14 outlets
Lockheed Martin to acquire naval defense firm Ultra Maritime for 3.45 billion dollars
Lockheed Martin agreed to buy Ultra Maritime, a specialist in anti-submarine technology owned by Advent International, expanding naval defense capabilities.
US Top News and Analysis · +6 outlets
Solstice CEO defends 14.5 billion dollar Element Solutions acquisition after stock plunges 15 percent
The CEO of Solstice defended its major acquisition even as investor concerns drove down share value significantly in early trading.
CNBC
Morgan Stanley and Wall Street expect Fed to hold rates steady through 2026
Morgan Stanley's chief economist affirmed expectations that the Federal Reserve will not raise rates this year after observing Fed Chair Kevin Warsh's recent me
富途牛牛 · +14 outlets
Germany to borrow 800 million euros for historic rearmament spending expansion
Chancellor Friedrich Merz announced debt-fuelled rearmament spending unseen since German reunification, driven by security concerns.
International homepage · +1 outlets
Trump hails Walmart beef price cuts as patriotic move, reversing past criticism
President Trump praised Walmart for reducing ground beef prices by approximately 15 percent following a White House request, marking a shift from prior tariff-r
MarketWatch.com · +1 outlets
SpaceX joins Nasdaq-100 Tuesday, adding volatility to index not part of S&P 500 yet
SpaceX's inclusion in the Nasdaq-100 starting Tuesday will increase index volatility given a likely year-plus delay before S&P 500 eligibility.
MarketWatch.com · +14 outlets
EasyJet shares surge 10 percent on 7.3 billion dollar Castlelake takeover bid
EasyJet agreed in principle to a 7.3 billion dollar takeover by Castlelake, driving sharply higher share prices in early Monday trading.
US Top News and Analysis · +1 outlets
Anthropic secures 20-year Kentucky data center lease for AI operations expansion
Terawulf announced Anthropic signed a 20-year lease for a purpose-built AI infrastructure campus at a former industrial site in Hawesville, Kentucky.
All Content from Business Insider · +14 outlets
U.S. humanitarian foreign aid dropped 74 percent to 3.7 billion dollars, experts blame DOGE cuts
Humanitarian foreign aid fell dramatically from 14 billion dollars in 2024 to 3.7 billion in 2025, with experts attributing the decline largely to USAID cuts.
Fortune
Dow hits record as most of Wall Street rises but AI stocks stumble on profit concerns
The Dow set a record while broader market gains masked weakness in artificial intelligence stocks amid valuation and profitability questions.
MSN · +14 outlets
TeraWulf stock soars over 80 percent this year after Anthropic Kentucky data center lease
Crypto mining pivot TeraWulf's shares surged after Anthropic signed a 20-year lease for a purpose-built AI infrastructure campus in Kentucky.
US Top News and Analysis · +2 outlets