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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

IBM CEO Arvind Krishna at event in 2026 as IBM stock crashes 25 percent on worst day in company history

IBM’s 25% Crash Exposes What AI Hardware Spending Is Doing to Enterprise Software

IBM fell 25% on July 14 in the worst single-day collapse in 115 years, after CEO Arvind Krishna disclosed that enterprise clients redirected mainframe and software budgets to AI hardware in June,

July 20, 2026

by Economy Desk

A home for sale sign in the US as pending home sales fell 5.4% in June 2026

US Pending Home Sales Fall 5.4% in June as Mortgage Rates Keep Buyers Away

The National Association of Realtors reported a 5.4% decline in pending home sales in June, as mortgage rates near 6.6% and median home prices at an all-time high of $440,600 kept buyers out of the market for another month.

July 20, 2026

by Economy Desk

CXMT semiconductor facility in China as company raises $8.6 billion in Shanghai IPO

China’s CXMT Raises $8.6 Billion in Record Shanghai IPO to Challenge Samsung and Micron

ChangXin Memory Technologies has raised $8.6 billion in a Shanghai STAR Market IPO that attracted 212

Ken Griffin, founder and CEO of Citadel Securities

Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation

Citadel Securities has put $400 million into Crypto.com at a $20 billion valuation, the exchange's first

Kirill Dmitriev head of RDIF speaking at SPIEF 2026 about Bering Strait tunnel design agreement

Alaska’s Own Engineer-Politician Says Bering Strait Tunnel Can Be Built, but at Enormous Cost

Former Alaska Lieutenant Governor Loren Leman, an engineer by training with Russian ancestry, told RIA Novosti the Bering Strait tunnel is technically doable — but warns of 'tremendous resources' required, offering the

June 15, 2026

Business·News

Chinese Finance Minister Lan Fo'an speaks at press conference on China government debt fiscal policy Beijing

China’s Debt Crosses 100 Trillion Yuan, But the Cost of Carrying It Is the Story No One Is Telling

China's government debt has crossed 100 trillion yuan for the first time, but the headline obscures a more uncomfortable truth: Beijing is now spending nearly a fifth of its central budget servicing

June 15, 2026

Business·Economy·News

White House Deputy Chief of Staff for Policy Stephen Miller speaks at the White House on immigration enforcement

How Close Trump Came to Suspending Habeas Corpus: Haberman and Swan’s Forthcoming Book Lays Bare an April 2025 Memo Fight That Pulled Susie Wiles Back from the Brink

Stephen Miller pushed the White House in April 2025 to suspend habeas corpus to speed deportations — but a confidential memo by staff secretary Will Scharf to Chief of Staff Susie Wiles

June 15, 2026

Economy·Government and Politics·News

JPMorgan Chase and Bank of America branch facade in the United States 2026

OCC Probe Set to Name JPMorgan, Bank of America and Seven Other Banks Over Alleged Political ‘Debanking’ as Pirro’s Office Opens Parallel Criminal Investigation

The Office of the Comptroller of the Currency is preparing to release findings of a supervisory review of nine major banks accused of closing accounts on political grounds, as U.S. Attorney Jeanine

June 15, 2026

Economy·Government and Politics·News

KPMG Australia headquarters as government reviews $270 million contracts amid whistleblower scandal

KPMG International Sent the Whistleblower Back to the Firm He Was Exposing — Now Canberra Is Paying the Price

KPMG International refused to protect its own whistleblower and redirected him to the Australian arm he was exposing. Now Canberra has frozen more than $270 million in contracts and ASIC has opened

June 15, 2026

Business·Economy·News·Reports

Chinese Vice Premier He Lifeng shakes hands with US Treasury Secretary Scott Bessent at trade consultations in South Korea, May 2026

The US-China Trade Truce Has a Deadline. Neither Side Will Say What Comes Next.

Washington is quietly rebuilding its tariff architecture through Section 301 after the Supreme Court struck down IEEPA duties — and Beijing is watching without responding. The November 10 deadline for the US-China

June 15, 2026

Business·Economy·News

Wall Street stock market weekly close June 2026 as S&P 500 gains amid SpaceX IPO and Iran peace hopes

Wall Street’s Winning Week Is Built on a Contradiction No One Has Resolved

The S&P 500 finished the week of June 9–13 higher, but the two forces that drove it — Iran peace hopes and Oracle's $70 billion AI spending shock — point in opposite

June 15, 2026

Business·Economy·News

Energy inflation crisis 2026 Trump economic policies Iran war oil prices

The Buffer Is Almost Gone: Oil Executives Warn Trump the Energy Price Shock Is About to Get Much Worse

American oil and gas executives have warned the White House that fuel inventories propping up pump prices for four months are nearly exhausted, putting Trump's 'temporary disruption' promise on a collision course

June 15, 2026

Business·Economy·Government and Politics·News

Kevin Warsh at Senate Banking Committee confirmation hearing for Federal Reserve Chair April 2026

Warsh Chose Silence. Now Millions of Borrowers Are Flying Blind Into His First Fed Meeting.

Kevin Warsh's overhaul of Fed communication is itself a form of monetary policy — and mortgage borrowers, retirees, and savers are the ones absorbing the uncertainty as his first FOMC meeting opens

June 15, 2026

Business·Economy·News

The Weekend a Single US Order Turned Every Government Into an AI Sovereignty Hawk

From Ottawa to Brussels to Riyadh, the US order disabling Anthropic's Fable 5 and Mythos 5 for all foreign nationals did something no policy paper had managed in years: it made the

June 15, 2026

Artificial Intelligence·Business·News·Technology

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Business- Page 35

IBM’s 25% Crash Exposes What AI Hardware Spending Is Doing to Enterprise Software

US Pending Home Sales Fall 5.4% in June as Mortgage Rates Keep Buyers Away

China’s CXMT Raises $8.6 Billion in Record Shanghai IPO to Challenge Samsung and Micron

Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation

Alaska’s Own Engineer-Politician Says Bering Strait Tunnel Can Be Built, but at Enormous Cost

China’s Debt Crosses 100 Trillion Yuan, But the Cost of Carrying It Is the Story No One Is Telling

How Close Trump Came to Suspending Habeas Corpus: Haberman and Swan’s Forthcoming Book Lays Bare an April 2025 Memo Fight That Pulled Susie Wiles Back from the Brink

OCC Probe Set to Name JPMorgan, Bank of America and Seven Other Banks Over Alleged Political ‘Debanking’ as Pirro’s Office Opens Parallel Criminal Investigation

KPMG International Sent the Whistleblower Back to the Firm He Was Exposing — Now Canberra Is Paying the Price

The US-China Trade Truce Has a Deadline. Neither Side Will Say What Comes Next.

Wall Street’s Winning Week Is Built on a Contradiction No One Has Resolved

The Buffer Is Almost Gone: Oil Executives Warn Trump the Energy Price Shock Is About to Get Much Worse

Warsh Chose Silence. Now Millions of Borrowers Are Flying Blind Into His First Fed Meeting.

The Weekend a Single US Order Turned Every Government Into an AI Sovereignty Hawk

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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