Business
SK Hynix Shares Slide as Profit Forecast Downgrade Triggers Sector Sell-Off
Memory chip stocks plummeted this week after a South Korean brokerage downgraded profit estimates for SK Hynix, triggering a sector-wide sell-off. Shares…
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Warren Buffett Ends Gates Foundation Donations Over Bill Gates-Epstein Ties
Warren Buffett’s Berkshire Hathaway has ceased donations to the Bill and Melinda Gates Foundation after 20 years, a move Buffett confirmed followed…
Business
Semiconductor Selloff Wipes Out $1 Trillion as Tech Investors Reassess AI
U.S. stocks struggled on Wednesday, July 15, 2026, as a broad semiconductor selloff erased over $1 trillion in market value. While cooling…
Business
SpaceX Shares Drop Below IPO Price for First Time Following Market Retreat
SpaceX shares fell to $134 on Wednesday, dipping below the company's $135 initial public offering price for the first time since its…
Business
Egyptian Pound Strengthens Against US Dollar Following Recent Market Reversal
The Egyptian pound strengthened against the U.S. dollar on Wednesday, July 15, 2026, as the currency saw a widespread recovery across the…
Business
Oil Prices Surge as Iran-U.S. Military Conflict Disrupts Strait of Hormuz
Global oil prices surged on Wednesday as geopolitical tensions intensified between the United States and Iran. Following the re-imposition of a naval…
Business
Trump Threatens Iran With Widespread Destruction
President Donald Trump has threatened to target Iranian bridges and power plants with airstrikes if Tehran does not return to the negotiating…
Business
Federal Reserve Interest Rate Hike Odds Fall
The probability of a Federal Reserve interest rate hike at the central bank's upcoming July meeting has dropped significantly following a cooler-than-expected...
Business
Trump Drops Plan for Hormuz Toll
President Donald Trump has reversed his decision to impose a 20% toll on cargo ships passing through the Strait of Hormuz, a…
Business
Fed Chair Warsh signals hawkish stance on inflation
Federal Reserve Chairman Kevin Warsh testified before Congress on Tuesday, pledging that the central bank will make the inflation surge of the…
Business
U.S. Inflation Eases in June as Middle East Tensions Threaten Energy Costs
U.S. consumer price inflation slowed significantly in June, surpassing market expectations, according to data released Tuesday by the Bureau of Labor...
Business
Gold Plunges to Two-Week Low Amid Gulf Tensions and Fed Rate Hike Bets
Gold prices face downward pressure as of July 14, 2026, amid heightened geopolitical tensions in the Persian Gulf and shifting U.S. monetary…