Tag: Business

S&P 500 Flat as Iran Fears and Chip Stock Losses Offset Strong Earnings

The S&P 500 closed nearly flat on Friday, as escalating Iran conflict…

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Treasury Yields Hit 4.71% as Iran War Reshapes Bond Market Outlook

The 10-year US Treasury yield climbed to 4.71% on Thursday, its highest…

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Generic drug tariffs set to hit 200% by 2029, threatening India pharma exports

Imported generic drugs will face zero tariffs for two years starting August…

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Goldman Sees Fed Holding Rates Through 2026, Awaiting 2027 Cuts

Federal Reserve rate cuts won't arrive until 2027, Goldman Sachs Research now…

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BlackRock Stays Pro-Risk on US Equities Amid Middle East Tensions

BlackRock Investment Institute is maintaining its pro-risk stance, favoring U.S. equities over…

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South Korea Cracks Down on Leveraged ETFs After Retail Bloodbath

South Korea's financial regulators tightened rules on single-stock leveraged exchange-traded funds on…

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AI Economy Drives $3.2 Trillion in Mega-Deals as Small Players Sit Out

Global dealmaking topped $3.2 trillion in the first half of 2026, the…

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TSMC’s $100B Pledge Pushes US Chip Investment to $265 Billion

Taiwan Semiconductor Manufacturing Co. announced a fresh $100 billion commitment to expand…

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Inflation slowed sharply — but it may not last

June’s inflation slowdown offers relief at the pump, but renewed energy and…

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US justice department investigating UAW president over corruption allegations

Shawn Fain calls allegations ‘bogus’ and says attorney holds a ‘grudge’ against…

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