U.S. World Business Lifestyle
Today: July 14, 2026
Today: July 14, 2026

Economy

Business|Economy|Finance|Stock Markets|US

CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Economy|Environment|Science|Technology

New York to impose the country's first statewide moratorium on data centers

New York will block new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid

New York to impose the country's first statewide moratorium on data centers
Business|Economy|Technology|World

Nvidia halves Asia buyer list in China chip crackdown, FT reports

Nvidia has more than halved the number of Asian customers authorised to buy its AI chips after introducing a "white list" of companies that passed tougher compliance checks to

Nvidia halves Asia buyer list in China chip crackdown, FT reports
Economy|Environment|Europe|Finance|MidEast|Stock Markets|World

Fed in the spotlight as Warsh faces Congress

A look at the day ahead in European and global markets from Gregor Stuart Hunter Asian markets are crumbling and Brent Crude is bubbling around $85 per barrel as U.S.

Fed in the spotlight as Warsh faces Congress
Business|Economy|Finance|World

US consumer inflation likely increased at a slow pace in June as gasoline prices retreated

U.S. consumer inflation likely slowed in June, but that would probably offer little comfort to households or rule out an interest rate increase from

US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
Asia|Business|Economy|Environment|World

More than 260,000 evacuated as Typhoon Bavi brings severe floods

The most powerful storm to strike mainland China this year forced more than 260,000 people to evacuate their homes in northeastern Liaoning province, as Typhoon Bavi

More than 260,000 evacuated as Typhoon Bavi brings severe floods
Business|Economy|Environment|Political|World

US says it has completed its latest wave of strikes on Iran

The U.S. military said late on Monday its forces have completed their latest wave of strikes on Iran that the U.S.

US says it has completed its latest wave of strikes on Iran
Business|Economy|Education|Health|Political|World

US government rescinds $10 billion freeze for 5 states governed by Democrats

The Trump administration's Department of Health and Human Services has rescinded a $10 billion freeze on child care subsidies and social services

US government rescinds $10 billion freeze for 5 states governed by Democrats
Business|Economy|Science|Technology|World

South Korea forecasts 2026 economic growth at 5-year high on AI chip boom

South Korea pledged on Tuesday to swiftly advance artificial intelligence investments to bolster economic performance, as it raised its 2026 growth forecast to

South Korea forecasts 2026 economic growth at 5-year high on AI chip boom
Business|Economy|Technology

TSMC seen riding AI boom to fifth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by

TSMC seen riding AI boom to fifth straight quarter of record profit
Business|Economy|Finance|Technology|World

Inside South Korea's world-beating bear market

When South Korean President Lee Jae Myung set a 5,000-point target for the KOSPI last year, it looked wildly ambitious

Inside South Korea's world-beating bear market
Business|Economy|Science|Technology

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk

The development of AI will require investment of $5 trillion each year by 2040, and any talk of a bubble forming around the technology is "absurd", SoftBank

SoftBank's Son says AI will need $5 trillion per year by 2040, dismisses bubble talk
Business|Economy|Technology|World

China smartphone shipments fall for fifth straight quarter as costs rise - IDC

China's smartphone shipments fell 4.3% to 66 million units in the second quarter from a year earlier, as many manufacturers hiked prices to

China smartphone shipments fall for fifth straight quarter as costs rise - IDC
Business|Economy|Europe|Technology

Chip toolmaker ASML expected to shine light on capacity and China challenges

ASML, the biggest supplier of equipment used to manufacture AI chips, reports quarterly earnings on Wednesday looking to justify its

Chip toolmaker ASML expected to shine light on capacity and China challenges
Business|Economy|Science|Technology|World

China's exports ride AI boom as domestic economy struggles

China's exports surged in June, buoyed by orders for chips and computing power to fuel the global AI boom, deepening producers' reliance on

China's exports ride AI boom as domestic economy struggles
Business|Economy|Finance|Political|World

Iran says it struck US air base in Jordan, US military ends five hours of attacks

A U.S. air base in Jordan was targeted by Iranian ballistic missiles on Tuesday,

Iran says it struck US air base in Jordan, US military ends five hours of attacks
Africa|Business|Economy|Technology

A hidden pipeline brings Amazon and Walmart to African shoppers

No bank card? No address? No problem.

A hidden pipeline brings Amazon and Walmart to African shoppers
Business|Economy|World

Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz

Oil prices rose nearly 3% on Tuesday to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two

Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Business|Economy|Finance|World

Dollar steady before US inflation data; yen under pressure

The dollar steadied on Tuesday ahead of U.S. inflation data, with Middle East tensions lifting oil prices while the yen was calm amid caution over

Dollar steady before US inflation data; yen under pressure
Business|Economy|Political|World

Japan to clarify central bank independence in final economic blueprint, media says

Japan's government will insert a footnote in its economic blueprint referring to a clause in law stipulating the need to protect the central bank's independence in setting

Japan to clarify central bank independence in final economic blueprint, media says
Business|Economy|Finance|Political|Stock Markets|US|World

Asian stocks dip as oil rises after Trump's Hormuz levy threat

Stocks yoyoed between gains and losses and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the U.S. was

Asian stocks dip as oil rises after Trump's Hormuz levy threat
Australia|Business|Economy|Finance|World

Australia business conditions steady in June; mood improves

Australian business conditions were steady in June as cost pressures eased following a U.S.-Iran peace deal to end their conflict, a survey showed on Tuesday, although

Australia business conditions steady in June; mood improves
Business|Economy|Environment|Political|World

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz

The U.S. military carried out a third consecutive night of strikes against Iran on

U.S. military renews strikes on Iran while tankers come under attack in Strait of Hormuz
Business|Economy|Science|Technology|World

China's June exports surge 27% from a year earlier as AI boom drives strong demand

China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence

China's June exports surge 27% from a year earlier as AI boom drives strong demand