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Fed rate-hike voices swell before July decision, rates still seen on hold
Cleveland Fed President Beth Hammack calls for interest rate hikes to combat persistent inflation ahead of the Fed's July meeting.
Meta, Anthropic in talks for potential $10B compute lease deal, NYT reports
Meta Platforms is in talks to lease computing power to Anthropic in a potential $10 billion deal, aiming to expand its cloud computing business.
Apple unseats Nvidia to become world’s most valuable company as AI bets shift
Apple surpassed Nvidia to become the world's most valuable company, reflecting changing investor focus on ai and Apple's growing role in the tech sector.
Truth Social to sell banks ‘fastest’ access to Trump’s posts
Trump Media & Technology Group launches Truth API to give banks and trading firms fastest access to influential Truth Social posts.
Trump’s teleprompter operator under CFTC probe over potential insider trading, sources say
Gabriel Perez, Trump's teleprompter operator, is under CFTC investigation for potential insider trading on Kalshi's prediction market platform.
UnitedHealth regains earnings momentum, shares surge
UnitedHealth Group beat second-quarter profit expectations and raised its 2026 forecast, driven by improved medical cost management and Optum unit growth.
Fed’s Cook says she is prepared to act soon if inflation does not begin to slow
Federal Reserve Governor Lisa Cook says she is ready to act if inflation does not begin to slow soon amid risks from ai investment and tariffs.
Stripe, Advent offer to buy PayPal for more than $53B, sources say
Stripe and Advent International have made a joint offer to acquire PayPal for over $53 billion, aiming to create a global online payments leader.
Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption
Oil prices climbed 2% after the U.S. reinstated a naval blockade on Iran, disrupting flows through the Strait of Hormuz and raising supply concerns.
Trump cuts to clean energy linked to $83B in delayed or canceled projects
Trump administration policies led to $83 billion in delayed or canceled clean energy projects, impacting over 111,000 jobs according to BlueGreen Alliance.
Fed chief Warsh vows to ‘do my job’ if challenged by Trump
Federal Reserve Chairman Kevin Warsh pledges to maintain Fed independence and focus on inflation control despite pressure from President Donald Trump.
IBM warns AI boom is squeezing software budgets; shares sink in sector rout
IBM warns that ai infrastructure spending is cutting into software budgets, forecasting weaker revenue growth and causing shares to fall sharply.
