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A fire broke out on the Brooklyn Bridge during New York’s July Fourth fireworks show Saturday, spreading flames and smoke before firefighters extinguished the blaze.
UBS finds AI infrastructure stocks gained 600% over four years vs. 100% for hyperscalers, marking a major shift in where AI value is being captured.
Next is reportedly preparing a takeover bid for Harvey Nichols, according to Sky News, in a move that would mark the retailer’s boldest expansion yet.
Cash sitting idle at Vanguard, Schwab, or Fidelity may be earning far less than alternatives. Here’s what to know and where to look.
Iran’s Revolutionary Guard chief has emerged from hiding as Tehran prepares for Ayatollah Khamenei’s dayslong funeral, raising economic and political questions.
Treasury has named which low-cost index funds qualify for children’s Trump accounts, giving parents a concrete list for investing government-backed savings.
Next is reportedly preparing a takeover bid for Harvey Nichols, according to Sky News, in a move that would mark the retailer’s boldest expansion yet.
At Sintra, central bank officials from around the world signaled they see Fed Chair Kevin Warsh as a potential ally — a notable shift in an otherwise strained relationship with Washington.
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UBS finds AI infrastructure stocks gained 600% over four years vs. 100% for hyperscalers, marking a major shift in where AI value is being captured.
Iran’s Revolutionary Guard chief has emerged from hiding as Tehran prepares for Ayatollah Khamenei’s dayslong funeral, raising economic and political questions.
Ukrainian strikes on Russian oil refineries have choked domestic fuel supplies, leaving drivers in long lines and frustration growing across Russia.
Samsung and SK Hynix plan a combined $518 billion chip manufacturing hub in South Korea, targeting surging demand from AI hardware makers.
Finance
Cash sitting idle at Vanguard, Schwab, or Fidelity may be earning far less than alternatives. Here’s what to know and where to look.
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Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
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The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
