Economy

A Burger King restaurant exterior with the Home of the Whopper sign July 2026

Burger King Launches Whopper Guarantee and Service Role as Workers Cite Stagnant Pay

Burger King on July 22 launched a Whopper Guarantee and a new 'Your Way Champion' service role at US locations, promising a free Whopper if the burger falls short. Workers at several

July 24, 2026

by Amanda Graham

Cargo containers stacked at a port as Trump imposes new Section 301 tariffs covering 99.4 percent of US imports from 60 countries in 2026

Trump’s New Tariff Wave Covers 99% of US Imports Under ‘Forced Labour’ Legal Rationale

Trump imposed 10-12.5% tariffs on 60 countries covering 99.4% of US imports using a 'forced labour' basis under Section 301, replacing Supreme Court-struck IEEPA tariffs. UK exporters now face competitive disadvantage versus EU rivals as court challenges loom.

July 24, 2026

by Dmitri Agafonov

Calculator and bank documents representing the comparison between 1-year CD rates and high-yield savings account rates in July 2026

1-Year CDs Pay 4.17% in July 2026, Edging High-Yield Savings by $7 Per $10,000

The best 1-year certificate of deposit rates reach 4.17% in July 2026, against 4.10% for top

Oil tanker at sea as crude prices surge above $100 amid Houthi strikes

Houthi Strike on Saudi Tankers Triggers Dow Selloff as Brent Crude Closes Above $100

Houthi forces struck Saudi Aramco-affiliated tankers in the Red Sea on Thursday, sending Brent crude above

Oil tanker navigating international waters as war-risk insurance rates hit record highs in Strait of Hormuz

Shipping Insurance Rates Hit Record Highs as Hormuz and Bab al-Mandeb Traffic Collapses

War-risk premiums on Hormuz tankers have reached 7.5 to 10 percent of hull value as Iran restricts passage and Bab al-Mandeb closes to shipping. The twin chokepoint crisis has pushed a single

July 24, 2026

Business·Economy·News

American workers at a labor event with union signs

US Weekly Jobless Claims Hit 57-Year Low at 187,000, Defying Economic Headwinds

US initial jobless claims fell to 187,000 last week, the lowest figure since November 1969, sharply undercutting the consensus forecast of 215,000. The reading arrives despite oil near $100, a technology-sector selloff,

July 24, 2026

Business·Economy·Markets·News

Palestinian businesspeople working in the West Bank economy

Palestinian Economy at Breaking Point as Israeli Banks Sever Correspondent Ties

Two of Israel's largest commercial banks are severing Palestinian correspondent-banking ties this autumn, with Discount Bank exiting September 1 and Hapoalim following in October. Palestinian monetary authorities warn formal financial channels will

July 24, 2026

Business·Conflicts, Military and War·Economy·News

Oil tankers anchored off Takoradi Ghana as Brent crude crosses $100 on Houthi Red Sea strikes

Brent Crude Tops $100 as Houthi Twin Tanker Strike Sets Saudi Ship Ablaze in Red Sea

Houthi forces struck two Saudi crude tankers in the Red Sea on Wednesday, setting one ablaze and pushing Brent crude above $100 per barrel for the first time since May. Exxon Mobil

July 24, 2026

Business·Economy·Markets·News

Multiple S.Pellegrino sparkling water bottles part of the Nestle Peranel joint venture with Platinum Equity

Nestlé Sells Half of Its Water Business to Platinum Equity for $3.4 Billion

Nestlé agreed Thursday to sell half of its water business to Platinum Equity for $3.4 billion, creating a $5.6 billion joint venture called Peranel to house Perrier, S.Pellegrino, and Acqua Panna. The

July 24, 2026

Business·Economy·News

White Tesla Model 3 parked at a Supercharger station during Tesla Q2 2026 earnings quarter

Tesla’s Operating Margin Collapses to 1.4% as Record Revenue Fails to Cover AI Spending

Tesla posted record Q2 2026 revenue of $28.2 billion, up 25.5 percent year-over-year, but TSLA fell 4 percent after hours as operating margin collapsed to 1.4 percent. Negative free cash flow of

July 24, 2026

Business·Economy·News

New York Stock Exchange building facade on Wall Street with Corinthian columns and NYSE Euronext banner

ServiceNow Q2 Subscription Revenue Rises 25% as AI Demand Outpaces Disruption Fears

ServiceNow posted $3.88 billion in second-quarter subscription revenue, a 25 percent jump, as CEO Bill McDermott raised annual guidance and outlined an AI agent kill-switch mechanism. The results challenged fears that AI

July 24, 2026

Business·Economy·News·Technology

IBM CEO Arvind Krishna speaks at the IBM Think conference in Boston in May 2022, ahead of the company's Q2 2026 earnings call revealing a 42% mainframe hardware decline

IBM Q2 Results: Mainframe Hardware Falls 42% as AI Diverts Enterprise Budgets

IBM reported $17.2 billion in Q2 revenue but mainframe hardware fell 42% in the second quarter, its worst performance in years. CEO Arvind Krishna blamed AI infrastructure spending for redirecting enterprise IT

July 23, 2026

Business·Economy·News·Technology

Tesla Posts Record Sales, Misses Earnings as Musk’s AI Spending Drains Cash Flow

Tesla reported record Q2 2026 deliveries of 480,000 vehicles and revenue of $28.2 billion, a 26% year-on-year increase, but missed earnings estimates as margins slid and free cash flow turned negative for

July 23, 2026

Business·Economy·News

Visitors at a World Artificial Intelligence Conference booth as Big Tech companies like Alphabet race to build AI infrastructure

Alphabet Stock Falls 5% After Hours as Record $205 Billion Capex Overshadows Cloud Beat

Alphabet shares fell roughly 5% in after-hours trading Wednesday after the company raised its 2026 capital expenditure forecast to a record $205 billion, overshadowing a Q2 beat that included $119.8 billion in

July 23, 2026

Business·Economy·News·Technology

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Economy

Burger King Launches Whopper Guarantee and Service Role as Workers Cite Stagnant Pay

Trump’s New Tariff Wave Covers 99% of US Imports Under ‘Forced Labour’ Legal Rationale

1-Year CDs Pay 4.17% in July 2026, Edging High-Yield Savings by $7 Per $10,000

Houthi Strike on Saudi Tankers Triggers Dow Selloff as Brent Crude Closes Above $100

Shipping Insurance Rates Hit Record Highs as Hormuz and Bab al-Mandeb Traffic Collapses

US Weekly Jobless Claims Hit 57-Year Low at 187,000, Defying Economic Headwinds

Palestinian Economy at Breaking Point as Israeli Banks Sever Correspondent Ties

Brent Crude Tops $100 as Houthi Twin Tanker Strike Sets Saudi Ship Ablaze in Red Sea

Nestlé Sells Half of Its Water Business to Platinum Equity for $3.4 Billion

Tesla’s Operating Margin Collapses to 1.4% as Record Revenue Fails to Cover AI Spending

ServiceNow Q2 Subscription Revenue Rises 25% as AI Demand Outpaces Disruption Fears

IBM Q2 Results: Mainframe Hardware Falls 42% as AI Diverts Enterprise Budgets

Tesla Posts Record Sales, Misses Earnings as Musk’s AI Spending Drains Cash Flow

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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