Finance
June Producer Prices Fall 0.3% and Retail Sales Rise as Investors and Fed Weigh Rate Path
Wholesale prices dropped in June on cheaper gasoline while consumer spending held up, but annual inflation stayed elevated and a new, hawkish Fed leadership left the direction of interest rates in genuine dispute.
Netflix Reports Second-Quarter 2026 Results Amid Debate Over Advertising Growth Versus Viewer Engagement
Netflix released second-quarter 2026 results on July 16 after a roughly 40% one-year stock decline, with analysts split over whether a fast-scaling ad business or a plateau in U.S. viewing is the more important trend.
UnitedHealth Beats Q2 Estimates and Raises 2026 Profit Outlook as Medical-Cost Controls Take Hold
The largest U.S. health insurer reported sharply higher operating profit and lifted full-year guidance, extending a recovery that follows a 2025 marked by falling profit, a federal probe, and cost-cutting.
ASML Reports €9.3 Billion in Q2 Sales, Raises 2026 Revenue Forecast to €43–45 Billion
The Dutch chip-equipment maker beat its own quarterly guidance and lifted full-year expectations, citing AI and memory demand, even as its China sales shrink and it stops disclosing order bookings.
China's Q2 2026 GDP Grows 4.3%, Below Its Official Target and the Slowest Quarterly Pace Since Late 2022
Weak domestic demand and a property downturn offset a sharp export rise, as officials, market analysts, and China's critics disagree over what the slowdown means.
First Hawaiian Agrees to Buy California's TriCo Bancshares in All-Stock Deal Worth About $2 Billion
The combination would create a roughly $34 billion-asset bank spanning Hawaii and the U.S. West Coast, amid a wider wave of regional-bank mergers.
Prologis Presses Segro Shareholders as July 22 UK Deadline Nears on Rejected All-Stock Bid Worth About £12.6 Billion
U.S. warehouse REIT Prologis is publicly lobbying investors in Britain's Segro to force takeover talks before a binding UK Takeover Panel deadline, after Segro's board unanimously rejected the all-share approach as undervalued.
SK Hynix Rises About 13% After Record $26.5 Billion Nasdaq Debut, Extending AI Memory Rally
The South Korean memory-chip maker completed the largest U.S. IPO ever by a foreign company, drawing debate over where the money goes and what surging AI memory demand means for consumer chip prices.
EU Races to Freeze Russian Oil Price Cap Before July 15 Automatic Recalculation
A scheduled six-month review would lift the G7/EU cap on Russian crude in step with an Iran-driven price spike; the EU is trying to freeze the cap instead, but its wider sanctions package is stalled.
New Fed Chair Kevin Warsh to Give First Semiannual Testimony to Congress as Inflation Runs Above Target
Warsh appears before House and Senate committees this week to explain the Fed's decision to hold interest rates steady while President Trump has publicly pressed for cuts.
Kroger Agrees to Buy Regional Grocer Giant Eagle for $1.65 Billion, Setting Up Antitrust Review
Kroger's first major acquisition attempt since its Albertsons merger collapsed would add roughly 200 stores in the Midwest and Mid-Atlantic, and faces early opposition from independent grocers and some labor leaders.