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

Economy

Business|Economy|World

U.S. bank regulators warn firms on lending to undocumented workers

Banks should be cautious of lending to people not legally authorized to work in the United States, as their income may be less reliable or they may be

U.S. bank regulators warn firms on lending to undocumented workers
Business|Economy|Europe|World

Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed

(Corrects story to delete extraneous word "boost" in the first paragraph.)

Volkswagen CEO flags 50,000 extra job cuts to staff as costs squeezed
Business|Economy|Environment|World

Hormuz traffic slows to two-month low as renewed US, Iran strikes raise safety risk

The number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months, shipping data

Hormuz traffic slows to two-month low as renewed US, Iran strikes raise safety risk
Business|Crime|Economy|Environment|Lifestyle|Political

Part of roof blows off Philadelphia Housing Authority building during storm, residents evacuated

Part of roof blows off Philadelphia Housing Authority building during storm, residents evacuated

Part of roof blows off Philadelphia Housing Authority building during storm, residents evacuated
Economy|Finance|Political|US|World

Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US

The Trump administration is cracking down on banks lending to people living in the U.S. illegally

Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
Business|Economy|Education|Election|Political

Buttigieg urges Iowa Democrats to focus on affordability ahead of 2026

Buttigieg urges Iowa Democrats to focus on affordability ahead of 2026

Buttigieg urges Iowa Democrats to focus on affordability ahead of 2026
Business|Crime|Economy|Finance|US

Goldman lawyer Ruemmler to be questioned by House panel on Epstein ties

Goldman Sachs senior counsel Kathryn Ruemmler is set to face congressional scrutiny on Wednesday over her ties to Jeffrey Epstein, pushing the Wall Street

Goldman lawyer Ruemmler to be questioned by House panel on Epstein ties
Business|Economy|Finance|Stock Markets|Technology|World

SK Hynix plunges after Nasdaq debut as memory chip euphoria cools

SK Hynix's Seoul shares posted their biggest one-day fall in nearly two decades on Monday, tumbling more than 15%, as

SK Hynix plunges after Nasdaq debut as memory chip euphoria cools
Business|Economy|Technology|World

Global smartphone shipments in second quarter hit lowest in 13 years on memory chip crunch

Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset prices and dampened

Global smartphone shipments in second quarter hit lowest in 13 years on memory chip crunch
Business|Economy|Science|Technology

Intel announces $5.7 billion AI-driven capital investment in Ireland

Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its European output to meet growing global

Intel announces $5.7 billion AI-driven capital investment in Ireland
Business|Economy|Education|Environment|Science|Technology

Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion

Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50

Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion
Business|Economy|Finance|Political|World

Brazil's economy forecast to grow moderately after October presidential vote

Brazil's economy will keep growing moderately after October's presidential vote, a Reuters poll suggested, with a fall in farm output arising from

Brazil's economy forecast to grow moderately after October presidential vote
Business|Economy|Environment|World

Iraq's prime minister seeks big energy investments on US trip

By Ahmed Rasheed and Muayad Hameed BAGHDAD, July 13 - Iraq's new Prime Minister Ali al-Zaidi aims to secure major U.S. investment in his country's oil, gas, and power sectors during a visit to the

Iraq's prime minister seeks big energy investments on US trip
Business|Economy|Finance|Stock Markets|US

Bank of America hires nine senior investment bankers to target US middle market

Bank of America said on Monday it has hired nine senior bankers across the United States to expand its regional investment banking footprint, as

Bank of America hires nine senior investment bankers to target US middle market
Business|Economy|Finance|Political|World

Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo

President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the

Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo
Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Watches of Switzerland held talks over potential takeover offers, sources say

London-listed Watches of Switzerland Group has held talks in recent months over potential offers to take the luxury watch retailer

Watches of Switzerland held talks over potential takeover offers, sources say
Economy|Education|Environment|Health|Science

When disaster recovery becomes a way of life: Community disaster fatigue is on the rise with more frequent floods

Increasing flash flooding is exhausting communities as they’re hit again and again.

When disaster recovery becomes a way of life: Community disaster fatigue is on the rise with more frequent floods
Americas|Arts|Business|Economy|Education|Lifestyle|Opinion|Political|World

Cuba’s future remains in limbo while Trump’s unpredictable foreign policy offers no clear path forward

Cubans are living in a state of limbo, and it’s not clear that US military intervention would revitalize the Cuban economy.

Cuba’s future remains in limbo while Trump’s unpredictable foreign policy offers no clear path forward
Economy|Education|Health|Science

2.6 million Americans lost health insurance in 2025 after ACA subsidies expired, leading to real health consequences

Research shows that losing coverage, even temporarily, tends to make people less healthy, and it exposes them to financial losses.

2.6 million Americans lost health insurance in 2025 after ACA subsidies expired, leading to real health consequences
Business|Economy|Environment|Technology

Trump wants new coal plants built in the US. The price tag could be astronomical

Trump wants new coal plants built in the US. The price tag could be astronomical

Trump wants new coal plants built in the US. The price tag could be astronomical
Business|Economy|Election|Finance|Political

The next big races between moderates and progressives are in pivotal Midwestern states

August primaries in Michigan, Wisconsin and Minnesota will be another gauge of Democratic voters’ frustration with the establishment

The next big races between moderates and progressives are in pivotal Midwestern states
Asia|Economy|Political|World

ASEAN outreach may give Myanmar leaders legitimacy without results

ASEAN's re-engagement with Myanmar runs the risk of providing legitimacy to the military-led government and undermining the regional group's own plan to end violence in the war-

ASEAN outreach may give Myanmar leaders legitimacy without results
Economy|Europe|MidEast|Political|World

EU and partners launch $1 billion scheme to help Gaza recover from war

The European Commission and more than a dozen countries launched an initiative on Monday to deliver €883.6 million ($1 billion) in aid projects to help Gaza recover from

EU and partners launch $1 billion scheme to help Gaza recover from war
Business|Economy|Finance|World

Crude up, chips down

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Crude oil prices rose on Monday morning after military

Crude up, chips down
Economy|Europe|Health

Austrian finance minister has cancer, plans to keep working

Austrian Finance Minister Markus Marterbauer has cancer and will undergo treatment for the next three months while remaining in office and continuing to work, he said in a

Austrian finance minister has cancer, plans to keep working
Business|Economy|Environment|Finance|World

China aims to spur consumption in first five-year blueprint

China will aim for annual retail sales of around 60 trillion yuan ($9 trillion) by 2030 under its first five-year plan focusing on consumption, implying a slowdown in

China aims to spur consumption in first five-year blueprint
Asia|Business|Economy|World

China's premier urges 'objective' understanding of the economy

Chinese Premier Li Qiang called on Monday for "a comprehensive and objective understanding" of the current economic situation and for a stronger counter-cyclical

China's premier urges 'objective' understanding of the economy
Business|Economy|Technology

Trump invested crypto gains in stocks and bonds, filings show

President Donald Trump’s financial disclosures show that even as he and his two eldest sons were encouraging investors to plow their money into crypto projects —

Trump invested crypto gains in stocks and bonds, filings show
Business|Economy|Environment|Science|World

Brazil coffee faces El Niño headwinds, but crops more resilient

El Niño could cut Brazil's expected record harvest by up to a fifth, according to the Brazilian Coffee Industry Association (Abic), as excessive heat

Brazil coffee faces El Niño headwinds, but crops more resilient
Business|Economy|Science|Technology

Nobel laureates among more than 200 experts urging action on AI's economic impact

More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to

Nobel laureates among more than 200 experts urging action on AI's economic impact
Business|Economy|Environment|Health|World

Inside one Havana apartment building as Cuba went dark

Most nights, Frank Alfonso sleeps on the roof to escape the suffocating heat during Havana's increasingly frequent blackouts.

Inside one Havana apartment building as Cuba went dark
Business|Economy|Finance

India's retail inflation accelerates to 4.38%, raising rate hike expectations

India's retail inflation accelerated to 4.38% in June, government data showed on Monday, breaching the central bank's 4% target for the first time in 17 months and setting the

India's retail inflation accelerates to 4.38%, raising rate hike expectations
Business|Economy|Political|World

An emboldened India holds out for better terms in US trade talks

India and the U.S. did not reach a consensus on a trade agreement in recent talks, with New Delhi

An emboldened India holds out for better terms in US trade talks
Business|Economy|Technology

Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity

American consumers — and the Federal Reserve — are being hit with another high-cost headache

Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
Business|Economy|Environment|Europe|Food

Extreme heat threatens Italy's Parmesan heartland

Fifty years ago, farmers in Italy's Emilia-Romagna region used to open the windows in their barns at night during the

Extreme heat threatens Italy's Parmesan heartland
Business|Economy|Technology

Wall Street banks ramp up digital assistants in bid to win productivity race 

Major banks are ramping up how they incorporate digital assistants in their daily operations, determining how such agents interact with

Wall Street banks ramp up digital assistants in bid to win productivity race 
Asia|Business|Economy|Finance|Stock Markets|Technology|World

Asian tech firms seeking to follow SK Hynix may find foreign investors more selective

South Korean chipmaker SK Hynix may have had a rousing $26.5 billion U.S. share sale and market debut last week, but that owed

Asian tech firms seeking to follow SK Hynix may find foreign investors more selective
Business|Economy|Finance|Stock Markets|World

Global pension funds pull back on FX hedges as dollar woes ease

A solid U.S. dollar rally in 2026, driven by a hawkish Federal Reserve, has found support as global pension funds reverse hedges

Global pension funds pull back on FX hedges as dollar woes ease
Business|Economy|Finance|Stock Markets|World

European shares subdued as oil jumps after US-Iran tensions escalate

European shares were subdued on Monday as investors largely stuck to the sidelines after renewed tensions in the Middle East, while counting

European shares subdued as oil jumps after US-Iran tensions escalate
Business|Economy|Finance|Stock Markets|World

Trend funds propped up by gold and silver in June, Societe Generale says 

Trend-following hedge funds edged only slightly into negative territory in June, as trades in gold and silver mostly offset losses in crude oil, coffee

Trend funds propped up by gold and silver in June, Societe Generale says 
Business|Economy|Finance|Stock Markets|Technology

Chip stocks hit rocky patch. What's next?

The rough start for U.S. chip stocks in July likely points to further volatility as investors wrestle with high valuations and questions about the longevity of the AI capex boom.

Chip stocks hit rocky patch. What's next?
Business|Economy|Finance|Stock Markets|Technology

Strategy bitcoin sales shine light on faltering crypto hoarding companies

A move by Michael Saylor's bitcoin stockpiling company Strategy to authorize more bitcoin sales has once again shone a spotlight on a clutch of public

Strategy bitcoin sales shine light on faltering crypto hoarding companies
Business|Economy|Finance|Stock Markets|World

Bank of Canada set to hold rates as a rebound in growth offsets inflation worries

The Bank of Canada is expected to keep its key policy rate unchanged at 2.25% on Wednesday, as signs of an easing underlying price pressures give

Bank of Canada set to hold rates as a rebound in growth offsets inflation worries
Business|Economy|Science|Technology

AI demand is jacking up prices for iPads, Nintendo Switches and other gadgets. What experts say you should do

AI demand is jacking up prices for iPads, Nintendo Switches and other gadgets. What experts say you should do

AI demand is jacking up prices for iPads, Nintendo Switches and other gadgets. What experts say you should do
Business|Economy|Finance|Stock Markets|World

Japan pension pivot seen as a slow burn, not a bond market fire sale

A pivot in Japan's massive retirement assets would likely manifest as a slow redirection of maturing debt rather than a fire sale

Japan pension pivot seen as a slow burn, not a bond market fire sale
Business|Economy|Environment|Europe|Technology|World

Stellantis vehicle shipments rise 10% in the second quarter, led by North America

Stellantis said on Monday preliminary second-quarter vehicle shipments rose 10% from a year earlier to nearly 1.6 million units, driven by strong growth in North America,

Stellantis vehicle shipments rise 10% in the second quarter, led by North America
Asia|Business|Economy|Finance|Stock Markets|World

China's GDP growth set to slow, raising expectations for more stimulus

China's economy likely slowed in the second quarter after a solid start to the year, as weak domestic demand offset the boost from resilient exports during a

China's GDP growth set to slow, raising expectations for more stimulus
Asia|Business|Economy|World

Korean Air Q2 profit falls 34% on higher fuel costs, revenue hits record high

Korean Air Lines reported a 34% drop in second-quarter operating profit on Monday, as surging fuel costs weighed on earnings despite the carrier posting record revenue

Korean Air Q2 profit falls 34% on higher fuel costs, revenue hits record high
Business|Economy|Europe|Political|World

No EU agreement yet on 21st Russian sanctions package, Kallas says

EU countries have yet to reach agreement on a broad 21st package of sanctions against Russia, but may decide on Monday to add 250 individuals and entities to their Russia sanctions

No EU agreement yet on 21st Russian sanctions package, Kallas says
Business|Economy|Technology

TSMC posts record revenue in second quarter on AI demand

TSMC, the world's largest contract chipmaker, reported on Monday second-quarter revenue that rose 36% from a year earlier to a record high on surging interest in artificial

TSMC posts record revenue in second quarter on AI demand
Crime|Economy|Health

US health watchdog expects $5.56 billion in recoveries and savings

The federal watchdog for the U.S. health department generated $5.56 billion in expected recoveries and projected savings over six months and barred

US health watchdog expects $5.56 billion in recoveries and savings
Asia|Business|Economy|Finance|Stock Markets|World

Japan has no plans to overhaul pension funds' asset allocation, sources say

Japan has no immediate plans to change target asset allocations of its state pension funds but could work within existing allowable ranges to direct more

Japan has no plans to overhaul pension funds' asset allocation, sources say
Business|Economy|Finance|Stock Markets|World

Oil swept along on troubled waters

A look at the day ahead in European and global markets from Wayne Cole.

Oil swept along on troubled waters
Business|Economy|Environment|Political|World

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

U.S. and Iranian forces have exchanged heavy missile and drone assaults, with Tehran targeting U.S.

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed
Business|Economy|Finance|Technology|World

China June exports growth set to cool, but AI demand underpins overall strength

China's exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new tariffs, rode the AI boom,

China June exports growth set to cool, but AI demand underpins overall strength
Business|Economy|Environment|Science|World

China’s 'Green Great Wall' tames desert growth, but scientists warn the fight is not over

For half a century, workers in northern China have been using a technique called "straw checkerboards" to combat desertification

China’s 'Green Great Wall' tames desert growth, but scientists warn the fight is not over
Business|Economy|World

NZ's Fonterra trims top end of annual milk price forecast on weak demand

New Zealand dairy giant Fonterra on Monday trimmed the top end of its milk price forecast for the 2026/27 season as softer-than-expected demand and robust global supply drag down

NZ's Fonterra trims top end of annual milk price forecast on weak demand
Business|Economy|Environment|World

Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spill

A proposed legal settlement with the U.S. government would require the Keystone Pipeline system’s operator to pay a civil penalty of nearly $27 million over a major oil spill in Kansas in December 2022

Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spill
Business|Economy|Finance

After a year of tariffs, automakers are still resistant to moving production to the US

After a year of tariffs, automakers are still resistant to moving production to the US

After a year of tariffs, automakers are still resistant to moving production to the US
Business|Economy|Political|US|World

Trump says Strait of Hormuz open to commercial traffic

U.S.

Trump says Strait of Hormuz open to commercial traffic
Business|Economy|Europe|Political|World

Ukraine's Zelenskiy dismisses Prime Minister Svyrydenko after only a year

Ukrainian President Volodymyr Zelenskiy said on Sunday he planned to replace Prime Minister Yulia Svyrydenko after only a year in office, triggering the

Ukraine's Zelenskiy dismisses Prime Minister Svyrydenko after only a year
Business|Economy|Education|Health|Political

It was supposed to be Trump’s big legislative achievement. It could be a weapon for Democrats to win in the midterms

It was supposed to be Trump’s big legislative achievement. It could be a weapon for Democrats to win in the midterms

It was supposed to be Trump’s big legislative achievement. It could be a weapon for Democrats to win in the midterms
Arts|Business|Economy|Education|Environment|Finance|Health|Lifestyle|Political|Stock Markets|US

A rare bipartisan housing bill just became law – but Americans will still struggle with affordability

The legislation is the first major housing bill to pass in decades.

A rare bipartisan housing bill just became law – but Americans will still struggle with affordability
Economy|Finance|Political|US|World

Lindsey Graham, pivotal US Republican senator, dies suddenly at 71

U.S.

Lindsey Graham, pivotal US Republican senator, dies suddenly at 71
Business|Economy|Political|World

Iraqi prime minister to visit Washington on Monday; oil and gas deals expected

Iraq's prime minister will visit Washington on Monday to deepen strategic ties with the United States, with oil and gas deals expected to be signed as part of a broader

Iraqi prime minister to visit Washington on Monday; oil and gas deals expected
Business|Economy|Finance|World

Egypt's January-March current account deficit widens to $5.1 billion

Egypt's current account deficit more than doubled to $5.1 billion in the January-March quarter from $2.3 billion a year earlier, central bank data showed on Sunday.

Egypt's January-March current account deficit widens to $5.1 billion
Business|Economy|Political|World

Former Qatar ruler Sheikh Hamad, a moderniser who seized power, has died

Qatar's former emir, Sheikh Hamad bin Khalifa Al-Thani, a sweeping moderniser who seized power in 1995 and broke with tradition to hand it over to his son 18

Former Qatar ruler Sheikh Hamad, a moderniser who seized power, has died
Business|Economy|Environment|World

Typhoon Bavi batters eastern China, threatens days of heavy rain

Typhoon Bavi, the most powerful storm to strike mainland China this year, brought heavy rain to the eastern coast on Sunday

Typhoon Bavi batters eastern China, threatens days of heavy rain
Business|Economy|Europe|Finance|Stock Markets|World

Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs

Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s performance

Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Business|Economy|World

Ford, Canada's Unifor reach tentative deal on labor contract

(This July 11 story has been repeated with no changes to the text.)

Ford, Canada's Unifor reach tentative deal on labor contract
Business|Economy|Finance|World

Japan to push its massive pension fund to boost alternative investments, Nikkei says

Japan aims to raise the ratio of unlisted shares, real estate and other alternative investments in the portfolio of the Government Pension Investment Fund, the world's

Japan to push its massive pension fund to boost alternative investments, Nikkei says
Asia|Business|Economy|Political|World

Malaysia PM's coalition routed by key partner in Johor state poll, testing federal ties

Malaysian Prime Minister Anwar Ibrahim's coalition suffered a crushing defeat to a key partner in a regional poll on Saturday, raising questions

Malaysia PM's coalition routed by key partner in Johor state poll, testing federal ties
Business|Economy|Entertainment|Sports

Khosla family agrees to purchase defending Super Bowl champion Seattle for $9.612B, AP source says

The Khosla family ownership group, including Vinod Khosla, has entered into a formal agreement to purchase the defending Super Bowl champion Seattle Seahawks

Khosla family agrees to purchase defending Super Bowl champion Seattle for $9.612B, AP source says
Business|Economy|Finance|Stock Markets|US|World

US Postal Service raises stamp price to 82 cents

The cash-strapped U.S. Postal Service will raise the price of stamps for mailing a first-class letter to ‌82 cents from 78 cents, effective Sunday.

US Postal Service raises stamp price to 82 cents