In Another Wild Day for South Korean Stocks, Market Surges 15 Percent
After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
A.I. Hedge Fund Situational Awareness Rescued by Rival Citadel
The once-high flying firm Situational Awareness, whose founder is 24, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.
Taco Bell Sales Recover Following Cyclospora Outbreak
Transparency around pulling affected lettuce from stores has helped Taco Bell regain consumer trust, its parent company, Yum Brands, said.
ABC Formally Rebukes F.C.C. for Review of TV Licenses
The network’s comments are part of its efforts to push back against the F.C.C.’s review of its local broadcast licenses.
Bond Investors’ Inflation Angst Rises on Fed’s Lack of Guidance
The yield on government bonds, which underpins borrowing costs from mortgages to business loans, remained elevated over concerns about the Federal Reserve’s efforts to contain inflation.
U.S. GDP Growth Slowed in Second Quarter of 2026
Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.
Markets Challenge Warsh’s Approach to Taming Inflation
Kevin M. Warsh has made controlling inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
Trump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other Items
A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.
After Obamacare Cuts, Hospitals Are Treating More Uninsured Patients
More people who lost coverage after congressional Republicans ended enhanced federal subsidies are now seeking care in emergency rooms and unable to pay bills.
China Threatens Retaliation as U.S. Moves to Block Robot Imports
The dispute highlights how robotics has become the latest battleground in the intensifying technological and industrial rivalry between Washington and Beijing.
China, Its Economy Stumbling, Signals Only Cautious Support
The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
Oil Prices Wobble as Middle East Veers Toward Wider Conflict
Bond yields are also higher on concerns about inflation.
A ‘Credibility Shock’ Looms Over the Fed
Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.
Air India Offered to Cover My Flight on Another Airline. It Cost Me $2,000.
After a cancellation and long delays, the airline offered to cover the cost of a flight on another carrier. Then it refused to make good on that promise.
To Know What Your Customers Think, Just Ask Their A.I. Twins
Simile, a fast-growing start-up, says it can provide companies with accurate insights by surveying millions of A.I.-generated consumers.
Apple’s Siri Got an A.I. Brain Transplant. Try These 5 Prompts to Get Acclimated.
An upgrade transformed the beleaguered virtual assistant into a modern chatbot. It’s imperfect but worth trying.
A.I. Data Centers in Space? A System to Cool Chips Could Help.
Researchers at Caltech and Sophia Space, a start-up, have developed a technology using solar power to prevent computer equipment from overheating in orbit.
How Climate Change and Tariffs Help China Raise More Cattle
As increased rain makes grasslands and cornfields possible in areas that once were deserts, the world’s largest beef importer is becoming more self-reliant by expanding domestic herds.
Hollywood Foreign Press Association Sues Over Takeover of Golden Globes
The press association, which owned and operated the awards show until 2023, is suing its new owner, Penske Media, claiming its purchase was fraudulent.