💼Business and Finance

Four employers are temporarily barred from H-1B sponsorship under separate federal debarment periods.

WestJet suspended mainline flights after 4,400 cabin crew began a strike over compensation.

Amazon received about $600 million in tariff refunds, but customer payments depend on traceable charges.

Tractor Supply will close 75 of its 209 Petsense stores, taking $71.7 million in impairment charges.

Halifax confirmed 15 bank branches will close throughout August as part of a wider wave of closures.

Loan servicers Nelnet and MOHELA have updated their websites suggesting a faster SAVE plan phase-out than announced.

Costco's $14 million settlement lets Washington residents who got its emails file a no-proof claim by August 24.

Cracker Barrel has sold its Maple Street Biscuit Company brand to Biscuit Belly and will close 16 locations.

Trump imposed 50% tariffs on Canadian goods using a Depression-era law, and Carney says talks will "intensify."

UK borrowing fell to £16bn in June, beating forecasts on new Chancellor John Healey's first full day.

Bank of England coal-bond rules exclude thermal-mining issuers from collateral and add transition-risk haircuts from October 31.

United says an internal Trump Airport rebooking message was poorly worded and inaccurate. Travelers should confirm options directly.

The ICO is assessing complaints tied to James Watt's contacts with former BrewDog shareholders during his attempted buyback.

Visa and Cerulli reach very different inheritance totals because they count different families, deductions, recipients and time periods.

Spanish olive oil prices have fallen far below 2024 records as improved rainfall supports a more stable supply outlook.

Chinese-made cars are winning UK buyers on price and equipment as Britain's electrified vehicle market expands.

Netflix grew Q2 revenue 13% but will publish its title-level viewing report only once a year beginning in 2027.

Apple briefly passed Nvidia in market value before the ranking reversed, showing how little separates the two technology companies.

The projected $16,900 Social Security loss for couples is not enacted. It models what benefit limits could mean after depletion.

Harold Hamm’s energy-dominance argument reduced US import risk, but Hormuz still exposes American consumers to global oil prices.

British Steel is now publicly owned, but compensation, taxpayer exposure and its low-carbon investment plan remain unresolved.

UK GDP rose 0.1% in May as services grew, while production and construction contracted.

Mortgage applications fell 2.7% as the 30-year rate reached 6.65%, with purchase demand down even as refinancing increased.

United will block middle seats in one A321XLR Economy Plus row, using custom tables to create a new comfort option.

Subaru recalled 541,237 vehicles over incorrect rear-axle weight labels, with corrected stickers expected for owners in January 2027.

The 2027 Social Security COLA estimate is 3.8%, but July, August and September inflation will determine the official increase.

Large UK pension schemes will publish value ratings from 2028, with all workplace schemes following in 2029.

SAVE borrowers have individual 90-day deadlines after servicer notices, with automatic plan enrollment possible if they do not act.

JPMorgan earned $21.2 billion, but $5.6 billion came from significant gains as equity trading and banking also strengthened.

US CPI fell 0.4% in June as energy prices dropped, while core inflation stayed flat and food costs increased.

IBM stock fell after preliminary results showed weak transaction software, lower margins and late-quarter client budget shifts.

Hyundai and Kia recalled 14 IONIQ 5, EV6 and EV9 vehicles over battery-cell defects, with park-outside and 80% charging instructions.

Cash App’s $45 million multistate settlement requires fraud and support reforms, but it does not create an automatic payment for every user.

A single online ticket won New Jersey’s estimated $7.7 million Pick-6 jackpot, starting a verification, tax and payout process.

Oracle stock hit a new low as investors weighed its $638 billion backlog against debt, negative cash flow and fresh equity financing.

Apple’s record-level rally reflects support for its AI partnerships, device-led architecture and restrained infrastructure spending.

TSMC’s June revenue jump points to a multiyear AI bottleneck across 3-nanometer chips and advanced packaging.

SK Hynix’s Seoul plunge exposed an ADR pricing gap, leveraged positioning and strain in Korea’s chip-heavy market.

Brookfield won approval to finance GoldenPeaks Poland and set the opening bid in its fast-moving bankruptcy sale.

Papa Murphy’s will close up to 50 corporate stores as parent MTY cuts locations that contributed to heavy losses.

Vanguard’s Russell 2000 ETF has outpaced the S&P 500 in 2026 as investors move beyond mega-cap technology stocks.

Cathie Wood’s ARK bought about $17.8 million of SpaceX and $13.8 million of Coinbase while selling AMD, Roku and Deere.

Russia halted Don-Azov shipping after vessel attacks, disrupting a route used for grain, fuel and cargo through the Kerch Strait.

An Augusta Fantasy 5 ticket won $172,244 after three Georgia tickets split the July 8 jackpot.

Hardee’s franchisee Superior Star filed Chapter 11 with up to $50 million in liabilities and disputed acquisition debt.

JetBlue ended Manchester service after 17 months, moving aircraft toward Fort Lauderdale despite rising traffic at the New Hampshire airport.

Meta stock moved higher as investors weighed AI cloud plans, custom chips and paid model access against huge capex.

Taxpayers may need to act by July 10, 2026 to protect potential COVID-era IRS penalty and interest refund claims.

Apollo’s higher £7.15-per-share proposal has turned easyJet’s sale process into a takeover battle with regulatory hurdles.

American Express broke ground on its new global headquarters at 2 World Trade Center, the final commercial tower at the site.

Alibaba and AUS agreed to pay $600 million to resolve DOJ allegations over illegal pharmaceutical and equipment sales.

Etihad is reportedly nearing a Boeing 787 order, signaling a deeper long-haul fleet push if the deal closes.

Jackdaw’s owner says the North Sea gas field is ready for winter supply, but approval still depends on a revised climate review.

Peter Kyle warned pension funds to invest more in Britain or face possible mandatory rules.

AscendEX has shut down operations and paused automated withdrawals, warning users it cannot assure timing or amounts.

Forever stamp prices rise to 82 cents on July 12 as USPS updates mailing rates for letters and postcards.

OpenAI and Anthropic are speeding toward IPOs as scrutiny grows over their token-based pricing model and enterprise customers pull back on spending.

Social Security July checks start the Wednesday payment cycle on July 8. Here is who gets paid and what retirees should check.

Dell stock rose after Trump promoted the brand during a Trump Accounts event, adding politics to an already hot AI hardware story.

Xbox is cutting 3,200 jobs and divesting five studios acquired in 2018, undoing its own high-profile gaming expansion.

Trump Accounts, tax-advantaged investment accounts for American children, began trading as Trump rang a historic joint NYSE-Nasdaq opening bell.

Warren Buffett's famous market warning is resurfacing as investors split on whether current valuations reflect an AI bubble.

Browse Amazon Today’s Deals by US and UK category, including appliances, beauty, electronics, home, health, fashion and tools.

US hiring fell to 57,000 jobs in June as consumer confidence stayed near post-pandemic lows, with most indicators still tracing back to the Iran war.

Is Walmart open on 4th of July? Most stores are open regular hours, but local services can vary.

SEC data shows US IPO proceeds rose 86% in Q1 2026, a shift crypto firms are watching as they weigh public listings.

A House Republican's family investment in xAI became SpaceX stock after the record IPO, reviving scrutiny of congressional trading rules.

Standard Chartered secured a MiCA license as ESMA's crypto register grew to 280 firms after the EU's transition deadline passed.

The Biden-era SAVE student loan plan officially ended July 1, giving more than 7 million borrowers 90 days to pick a new repayment option.

Anthropic restores Fable access after U.S. lifts export controls on Fable 5 and Mythos 5 AI models.

Trump's 2025 financial disclosure reveals over $1 billion in crypto income, led by meme coin royalties and World Liberty Financial sales.

UK homes sit unsold as mortgage rates and buyer caution slow sales across parts of the housing market.

Andy Burnham’s Manchesterism sets out a devolution-first vision, but funding questions remain.

HMRC warns Self Assessment taxpayers to prepare before the 31 July Payments on Account deadline.

Grayscale's head of research says Strategy should sell $3 billion in Bitcoin to cover cash obligations and restore confidence in its capital structure.

Bitcoin ETFs logged another week of heavy outflows as BTC dropped to levels last seen in 2024, extending a streak now running seven weeks.

Ripple CEO Brad Garlinghouse criticized Michael Saylor's leveraged Bitcoin strategy on CNBC, even as he remains bullish on Bitcoin itself.

A new Ethereum proposal would let validators redirect up to 10% of staking rewards to public goods — and critics are already calling it a tax.

Elon Musk would owe $28B a year under Warren's wealth tax — or nothing under Wyden's bill if his stock falls. Here's what the numbers actually mean.

Ethereum fell to a 14-month low and was briefly overtaken by USDT in market cap, as traders on social media speculate about a drop toward $1,000.

281 billion SHIB left exchanges in 24 hours — but with 80 trillion still on platforms, the outflow barely moves the supply needle despite the bullish signal.

SUI Group expanded its Bluefin loan to 6 million SUI to finance the Suilend acquisition — doubling its revenue share from 5% to 11%, payable in SUI tokens.

Metaplanet agreed to buy Siiibo Securities for JPY 2.1 billion as mNAV fell below 1x — pivoting from BTC accumulation to regulated securities distribution.

Kalshi's US crypto perps are now live across Bitcoin, Ethereum, Solana and XRP — but Bitcoin is the only contract with sufficient liquidity for most traders.

Bitcoin slid toward $58,000 as nearly $700M in ETF outflows extended a six-day streak — adding to a $1B liquidation wave and a $10B Deribit options expiry.

MicroStrategy's stock dropped below $100 for the first time since March 2024, as Bitcoin's slide left the company sitting on billions in losses.

Apple raised prices on Macs, iPads, and home devices Thursday, blaming an unprecedented memory chip shortage driven by AI data center demand.

A federal judge ruled Workday must face AI hiring bias claims on age, race and disability — and California law applies wherever its tools are deployed.

HMRC will introduce a 22% charge on cash interest inside stocks and shares ISAs from April 2027, closing a gap opened by the new £12,000 cash ISA limit.

Bipartisan Senior Citizens' Freedom to Work Act would end Social Security earnings test, letting under-FRA retirees work without benefit cuts.

WiseTech shares fell 18% after reports Australian police are investigating founder Richard White over trafficking claims, which he denies.

Alphabet shed $270 billion in market value after top AI researchers left for rivals, raising fears Google is losing the AI talent war.

The 30-year mortgage rate fell to 6.47%, a one-month low, after the Iran deal — but it's already climbing back.

New research shows nearly a quarter of Gen Z are skipping retirement savings, expecting an inheritance that many parents now plan to spend themselves.

The Bank of England held interest rates at 3.75% on June 18 as the US-Iran peace deal eased fears that energy prices would keep pushing inflation higher.

Nine Fed officials now project a 2026 rate hike. Treasury yields jumped after Warsh's hawkish first FOMC meeting.

Penn Wharton's new model puts Social Security's combined trust fund depletion in February 2035 — later than the official June 9 trustees report.

Kevin Warsh held rates at 3.5%–3.75% in his first Fed meeting June 17, as nine officials projected at least one rate hike this year.

AMC Entertainment completes $150M equity raise as CEO Adam Aron says investor confidence in box office recovery is beating dilution fears.

SpaceX surpassed Amazon after its post-IPO rally continued, becoming the world's fifth most valuable public company.

Yum Brands will sell parts of Pizza Hut in a $2.7 billion deal involving LongRange Capital and Yum China after a strategic review.

Oil prices eased after traders reacted to improving Strait of Hormuz shipping conditions and expectations of steadier crude supply.

Jardine Matheson announces a $500 million share buyback as the Hong Kong conglomerate accelerates its shift toward an investor-focused model.

SpaceX retail IPO buyers at major US brokers received at least one share as the record offering tested public-market access.

Woodside Energy’s Louisiana LNG project loses its president as investors closely watch financing, construction and export timelines.

Silver returned to market focus after Reuters placed spot prices at $70.09, while India import curbs and supply deficits tightened the outlook.

A Royal Caribbean passenger scooter lawsuit is trending again as cruise accessibility standards and maritime injury liability rules face renewed scrutiny.

Hoosier Lottery technical issue disrupted ticket sales, claims and retailer systems across Indiana as officials worked to restore services.

Copper tariff deadline puts traders on alert as Section 232 changes and a June 30 Commerce review reshape market risk.

Elon Musk becomes the world's first trillionaire as SpaceX starts trading on Nasdaq under SPCX, raising $75 billion in the largest IPO in history.

SpaceX officially begins trading under SPCX as investors react to one of the most anticipated IPO debuts in years.

Pension concerns are growing across the UK as retirees face rising living costs, inheritance tax changes and uncertainty over long-term retirement security.

Nvidia and semiconductor stocks are facing renewed pressure as investors reassess AI spending, valuations and data center demand in 2026.

HMRC confirms pensions will be subject to inheritance tax from April 2027. Finance Act 2026 is now law. Here's what families and estate planners must do now.

Social Security is completing its transition to electronic payments in 2026. Paper checks are ending. Here's what beneficiaries must do before the deadline.

Social Security payments go out June 10 for millions born between the 1st and 10th. What to expect, June's full schedule, and the 2027 COLA forecast.

CPI report shows US inflation climbed to 4.2% in May 2026 as energy prices pressure the Fed and consumers.

Erie Insurance stock jumps as ERIE outperforms peers while investors weigh earnings recovery and cyber outage fallout.

Alaska Airlines faces fuel shock pressure as fares, demand and Hawaiian integration test its 2026 growth plan.

SpaceX IPO could create 4,000 employee millionaires as valuation, equity awards and tax risks fuel Wall Street attention.

GSK’s $10.6 billion Nuvalent acquisition is intensifying competition across the cancer drug industry and biotech markets.

AI chip stocks including Nvidia, Broadcom and Micron are falling sharply as investors react to valuation fears and market volatility.

Stock market volatility is rising again as investors react to oil risks, inflation concerns and economic uncertainty in 2026.

White House tariff repayment discussions are raising new questions about trade policy, inflation and US market strategy in 2026.

Rivian R2 is generating massive EV hype as analysts watch pricing, Tesla competition and Rivian’s future growth strategy.

Strategy buys 1,550 Bitcoin for $101M. Total holdings now 845,256 BTC worth $50B+. The biggest corporate Bitcoin holder just doubled down on the dip.

BlackRock moved $226M in Bitcoin and Ethereum to Coinbase Prime. On-chain data confirms the transfer. Is it a sell signal or routine ETF rebalancing?

Nasdaq futures fall 0.54% Monday as markets weigh Iran ceasefire deal hopes against Fed rate hike fears. Here's what investors need to watch this week.

Major student loan changes hit July 1, 2026. Rates rise to 6.52% for undergrads, Graduate PLUS loans eliminated, and repayment plans cut. What you need to know.

Bitcoin bounced from $59,200 back to $62,000 after a brutal week. $1.6B liquidated, Ethereum down 21%, Solana down 23%. Is $60K the bottom? Full breakdown.

SpaceX lists on Nasdaq as SPCX on June 12 — the largest IPO in history at $1.75T valuation. $135/share, $75B raise, Starlink + xAI included. Full breakdown.

Ford recalls 420,000 vehicles — 2018-2022 Expedition and Lincoln Navigator seat belts may fail in a crash. Check your VIN now.

Bitcoin crashes below $60,000 for the first time since Trump's 2024 election win. $1.1B liquidated, MicroStrategy sells BTC, ETF outflows hit $3.2B in May.

Solana crashes to $63 — its lowest price since December 2023. Goldman Sachs dumps its full SOL ETF position as $88M in longs get liquidated in 24 hours.

Zcash (ZEC) crashed 50% after a 4-year-old bug in its Orchard pool was found using AI. The flaw could have enabled unlimited counterfeit ZEC — undetected.

QQQ dropped 3.29% as the Nasdaq plunged 4.1% on June 5 — its worst day in over a year. Jobs report, Fed rate hike fears, and Nvidia's 6% drop drove the selloff.

Chicago Bears leaving Illinois for Hammond, Indiana after 106 years. Board votes for new stadium as Illinois fails to act.

May jobs report adds 172K jobs — nearly double forecasts. Nasdaq slides, Treasury yields spike as Fed rate hike fears grip Wall Street today.

Forward Industries deposits 455,784 SOL ($31.87 million) to Coinbase Prime after a month of stagnation, fueling massive sell-off speculation as market dips.

Corporate severance packages are changing rapidly in 2026. Discover how updated workforce restructuring trends impact employee exit benefits.

Rising costs in legacy shipping lanes like the Suez and Panama canals drive multi-billion-dollar infrastructure investments in the Lobito Corridor.

$200 billion wiped from crypto market cap in 24 hours. Bitcoin -4.98%, Solana -5.41%, BNB -5.92%. Here's what's happening and what comes next.

NVTS stock surged 20% today after Navitas Semiconductor joined NVIDIA's MGX AI Factory platform. Here's what investors need to know.

The Social Security trust fund depletion date moved to 2032 — one year sooner than expected. Benefits could be cut by 28%. See more details.

Lloyds Bank and Halifax apps are down on June 3 2026. Over 4,700 customers reported issues. Here's what's happening and what to do right now.

Bitcoin dropped to $65,372 on June 3, 2026, wiping $1.86B in crypto liquidations. Here's why BTC is crashing and what happens next.