Breaking 15:46 Diversity appointments to S&P 500 boards hit decade low as Trump's DEI policies reshape corporate governance 15:30 Former FCC officials challenge early review of Disney-owned ABC broadcast licenses 15:02 Sam Altman says AI has surpassed human intelligence, reigniting debate over technological singularity 15:00 Morocco benefits from $332 million U.S. program to support F-16 helmet-mounted systems 14:49 Netanyahu faces a critical test with Trump as tensions rise over Iran 14:30 Trump welcomes Zelenskiy to White House before funeral of Ukraine advocate Lindsey Graham 14:15 U.S. lawmaker seeks answers from FIFA president over ties with Trump administration 13:46 Mercedes-Benz vows to protect U.S. operations as Chinese investor scrutiny intensifies 12:17 Elon Musk warns of US debt crisis and sees artificial intelligence as a key to avoiding default 11:40 U.S. Treasury removes 84 names from sanctions lists in bid to streamline enforcement 11:11 Zelensky in Washington for crucial talks with Trump amid escalating war in Ukraine 11:10 PayPal boosts 2026 outlook as turnaround strategy gains momentum amid takeover speculation 10:47 HF Sinclair beats market expectations as stronger refining margins boost quarterly results 10:43 Apple reclaims the world’s most valuable company title as Nvidia shares slide 10:30 X expands into digital finance with paid accounts and peer-to-peer payments 10:05 Meta and BlackRock launch $14 billion Texas data center project to boost AI infrastructure 09:19 Trump says frozen Iranian assets could be used to compensate vessels damaged in the Strait of Hormuz 08:47 Washington reaffirms deep ties with Rabat as Moroccan-American friendship dates back to 1777 08:00 Trump says there are “good chances” for successful talks with Iran 19:09 SpaceX shares continue to slide ahead of quarterly results 18:37 Amazon expands its space ambitions with plans for more than 5,000 satellites 18:18 Trump calls for end to Senate filibuster to secure Republican future 17:17 Washington faces three difficult choices over Iran 16:16 Morocco and Washington deepen defense ties with potential US drone center 15:59 Trump praises King Mohammed VI of Morocco and his “great highway” vision

US Labor Market Defies Expectations with a Record Drop in Weekly Unemployment Claims

The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained strength of American employment despite......

Oracle Faces Investor Scrutiny as Debt-Fueled AI Expansion Triggers Credit Concerns

Oracle Corporation is facing a severe test on Wall Street as the immense capital requirements of its aggressive artificial intelligence push clash with escalating corporate debt, sparking investor anxiety despite record-breaking contract growth. Although the technology giant has established itself as a premier provider of AI cloud infrastructure,......

Canada opens Gordie Howe Bridge without US officials as trade tensions escalate

Canada will officially mark the opening of the Gordie Howe International Bridge without U.S. participation on Friday, after growing tensions over trade issues and a dispute surrounding toll arrangements disrupted plans for a joint celebration. The major infrastructure project, which connects Windsor, Ontario, with Detroit, Michigan, was originally......

Uber Cuts Customer Support Roles and Accelerates AI Integration in Operational Shake-Up

Uber Technologies Inc. is restructuring key internal operations by reducing headcount in its customer support division, reflecting a broader effort to cut overhead costs and accelerate the adoption of artificial intelligence across its platforms. The ride-hailing and delivery giant confirmed it is eliminating roughly 10 percent of its customer......

Micron Chips Rescue Tesla from Supply Bottlenecks as Elon Musk Bets on In-House Semiconductor Manufacturing

Electric vehicle manufacturer Tesla has successfully mitigated severe production constraints thanks to a key supply partnership with memory chipmaker Micron Technology, Chief Executive Officer Elon Musk revealed during the company’s quarterly earnings call. Addressing investors, Musk highlighted that Micron played a crucial role in......

American Airlines Stock Plunges as Rising Fuel Costs Cloud Passenger Demand Surge

Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices and rising operating expenses are placing......

U.S. Escalates Tensions with Iran: Trump Signals Possible Military Action

US President Donald Trump signaled on Thursday that Washington is evaluating a broad military campaign against Iran that could surpass previous operations in scale, though a final determination has yet to be rendered. Speaking on the potential for renewed confrontation, Trump indicated that he is seriously weighing high-intensity military......

U.S. Immigration Fines Surpass $84B for Non-Voluntary Departures

The U.S. Department of Homeland Security (DHS) has reported that it has imposed more than $84 billion in immigration-related fines on non-citizens living in the United States without legal status who refuse to depart voluntarily. The department said the measure has been applied since the start of 2025, describing it as part of a tougher enforcement......

UK says US tariff update leaves British businesses unaffected

The United Kingdom has sought to reassure exporters after the United States announced a new round of tariffs targeting several trading partners over concerns about the enforcement of forced labour restrictions. British officials said the latest measures would not worsen trading conditions for UK companies and insisted that the bilateral trade......

Norway's football chief to file FIFA complaint over alleged interference in Balogun case

Norwegian Football Federation president Lise Klaveness has announced plans to submit a formal complaint to FIFA concerning the handling of a disciplinary case involving U.S. striker Folarin Balogun during the latest FIFA World Cup. The controversy centers on an alleged phone call between U.S. President Donald Trump and FIFA president Gianni......

Alphabet and Tesla shares tumble on Wall Street after quarterly results

Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading, with its shares falling around 6.25%.......

Trump warns Iran and Houthis of major military retaliation after Red Sea attacks

U.S. President Donald Trump has issued a strong warning to Iran and Yemen's Houthi movement, threatening significant military retaliation following attacks on oil tankers in the Red Sea involving missiles and drones. In a statement published on his Truth Social platform, Trump said Washington would hold Iran responsible for future attacks......

Rare space event as a SpaceX Falcon 9 rocket stage is set to hit the Moon

A discarded upper stage from a SpaceX Falcon 9 rocket is expected to collide with the Moon on August 5, creating a rare opportunity for astronomers to observe the effects of a human-made object striking the lunar surface. The rocket stage has been traveling in an elongated orbit around Earth for months after failing to re-enter the atmosphere......

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