Latest business headlines, global markets, fintech and economic policy explained by experts. Understand the numbers that drive the world economy.
The Federal Reserve left interest rates unchanged on July 29, 2026, despite persistent inflation and a split decision among its policymakers, as Chair Kevin Warsh emphasized … Read more
A 25-year-old Irvine man was arrested after vandalizing 13 Teslas with “Nazi” and “fascist” graffiti, according to Irvine police. The Irvine Police Department arrested Max Sebastian … Read more
A Florida lottery player claimed an $800 million Mega Millions jackpot after a ticket sold at a Bradenton Wawa matched the winning numbers on July 28, … Read more
Wall Street tumbled on Wednesday after the Federal Reserve held interest rates steady in the 3.5% to 3.75% range. Wall Street ended sharply lower on Wednesday, … Read more
The Federal Reserve held its benchmark interest rate steady in a 9-to-3 vote on Wednesday, keeping borrowing costs in a range between 3.5 and 3.75% as … Read more
Federal Reserve policymakers are widely expected to keep benchmark interest rates unchanged at 3.5% to 3.75% during Kevin Warsh’s second meeting as chair on Wednesday. Despite … Read more
WestJet cabin crew members have voted 99 percent in favor of a strike mandate, setting up a potential walkout as early as August 2. The labor … Read more
Grant Thornton Advisors agreed to acquire professional services firm CBIZ in a $5 billion all-cash deal announced on July 29, 2026. The transaction creates the fifth-largest … Read more
Nike’s annual revenue in China has dropped 30% since 2021, driven by the China Chic movement, local competition, and complex distribution models. Sports-related consumer categories are … Read more
Vietnam’s corporate bond market faces tighter scrutiny under Decree 200, which took effect on June 5, 2026, enforcing stricter credit quality rules, leverage caps, and mandatory … Read more
South Korean equity markets suffered a record-breaking slump on Wednesday, wiping out as much as $2.18 trillion in value as a disappointing earnings report from memory … Read more
Asian markets stumbled Wednesday, July 29, 2026, led by a 6% plunge in South Korea’s Kospi index as renewed skepticism over artificial intelligence investments triggered heavy … Read more