Michelle Davenport Business Editor 
Federal Reserve Chairman Kevin Warsh faced an immediate market backlash on Wednesday, as the central bank held benchmark interest rates steady at 3.50%–3.75%. Equities tumbled globally, with the S&P 500 dropping 2.4% intra-day, after Warsh signaled a hawkish stance focused on combating persistent inflation. The Federal Reserve left its benchmark fed funds rate range unchanged … Read more
Global markets faced intense volatility this week after a bruising tech rout in South Korea wiped more than $2 trillion off market value, heightening investor anxiety regarding the financial payoff from massive artificial intelligence infrastructure investments. Asian share prices wavered in choppy trading as the Federal Reserve opted to keep the federal funds rate in … Read more
Wall Street tumbled on Wednesday as the Dow Jones Industrial Average dropped 1,153 points following a divided Federal Reserve decision to hold interest rates steady. Meanwhile, Brent crude oil prices leaped 7.3% to settle at $88.09 per barrel after renewed military conflicts in the Middle East. Financial markets experienced a severe shakeup on Wednesday as … Read more
Grant Thornton Advisors agreed to acquire CBIZ in a $5 billion all-cash deal on July 29, 2026. The transaction creates the fifth-largest professional services, tax, and advisory firm in the U.S. and sets up CBIZ’s benefits and insurance segment as an independent, New Mountain Capital-backed company upon closing in late 2026. Grant Thornton Strikes $5 … Read more
South Korean markets suffered a $2.18 trillion equity rout on July 29, 2026, as the benchmark KOSPI index plunged 6% following disappointing earnings from memory chip giant SK Hynix. The downturn triggered emergency circuit breakers for a second session amid widespread retail panic and surging leverage unwinds. Asia’s high-flying artificial intelligence rally ran headlong into … Read more
U.S. stock futures traded little changed early Tuesday, bracing for a packed week of earnings from major technology companies and a closely watched Federal Reserve announcement. Technology Shares Pull Back as Wall Street Eyes Big Tech Earnings Major stock benchmarks diverged on Tuesday as traders digested a fresh wave of corporate results while semiconductor names … Read more
Rocket Lab secured a record $266 million U.S. Space Force contract for up to 18 suborbital hypersonic test launches, driving a stock surge and funding a new launch facility at the Pacific Spaceport Complex in Kodiak, Alaska, with work scheduled through December 2028. The U.S. Space Force awarded Rocket Lab its largest launch contract to … Read more
U.S. stocks face a high-stakes week featuring a Federal Reserve rate decision, four Magnificent Seven Big Tech earnings reports, and Brent crude spiking past $100 a barrel amid escalating Middle East tensions. Markets weigh aggressive inflation risks alongside massive artificial intelligence capital expenditure projections. Wall Street is bracing for a punishing stretch of economic tests … Read more
U.S. stock index futures prepare for Sunday evening trading as markets digest a sharp weekly sell signal. Investors face a high-stakes convergence on Wall Street, featuring a Federal Reserve interest rate decision, a massive wave of Big Technology earnings, and escalating U.S.-Iran oil shocks. Wall Street enters the final stretch of July facing a punishing … Read more
SpaceX successfully launched its massive Starship rocket on its 13th test flight from Starbase, Texas, on July 24, 2026. The flight marked the second mission for Starship V3, the upgraded version of the vehicle, following an initial attempt that was scrubbed on July 16 due to an engine abort and a subsequent weather delay on … Read more