Bank of Korea’s first move under Shin Hyun-song comes amid concern over persistent inflation and currency weakness

Financial Times

South Korea stocks slump after first rate rise in 3 years - Financial Times

A former senior advisor to the Federal Reserve Board of Governors was sentenced to over three years in prison for lying to federal investigators about sharing restricted central-bank information with… [+2435 chars]

The case marks one of the most prominent U.S. prosecutions alleging Chinese intelligence targeting of U.S. institutions, as Trump intensifies its pursuit of foreign economic espionage.

CNBC

Ex-Fed advisor gets over three years in prison for lying about China ties - CNBC

HONG KONG (AP) Chinas economy slowed sharply to a 4.3% annualized pace of growth in the April-June quarter, the government said Wednesday, the weakest in over three years.
The official data fell sho… [+3749 chars]

China has reported its economy slowed in the last quarter, growing at a 4.3% annualized pace. It was the slowest growth since the last quarter of 2022 and far weaker than its strong 5% start for the January-March quarter. Lagging consumer spending and busines…

Associated Press

China grew at its slowest pace in more than 3 years last quarter - AP News

United Airlines on Wednesday said it expects to spend an additional $6 billion on jet fuel, the second-highest cost for airlines after labor, this year, based on Tuesday's crude oil prices. 
The air… [+1531 chars]

U.S. airlines say higher jet fuel prices are costing them billions more than they anticipated at the beginning of the year.

CBS News

United Airlines anticipates $6 billion in added fuel costs this year - CBS News

Anthropic is in talks with banks to arrange credit lines worth a few billions of dollars in a move that would increase its access to cash ahead of a planned initial public offering this year, according to people familiar with the matter. The new loans would b…

The Information

Anthropic in Talks to Add Billions to Bank Credit Line Ahead of IPO - The Information

He said: "While it's distasteful, while he made mistakes, I've made mistakes in hiring all kinds of people, choosing friends and finding out later that one way or another they weren't what I thought … [+9 chars]

The billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.

BBC News

Buffett calls Bill Gates relationship with Epstein 'distasteful' - BBC

SK Hynixstock gave up some of its recent gains, as investors locked in profit followingTuesdays surge.
Copyright ©2026Dow Jones &amp; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cd… [+2 chars]

SK Hynix stock is on course to give up some of its recent gains as investors lock in profit.

Barron's

Why SK Hynix Stock Drops Today After a 27% Surge - Barron's

National Hot Dog Day is today and whether you prefer a Coney dog, a Chicago dog or chili dogs, one thing is certain: eating hot dogs is a beloved American tradition.
National Hot Dog Day falls on th… [+5136 chars]

The third Wednesday of every July is National Hot Dog Day. Here's where you can celebrate.

USA Today

National Hot Dog Day is here. How you can score free hot dogs - USA Today

If Stripe and private equity firm Advent International acquired PayPal, it would become a historic deal for the fintech space.
But what would the deal mean for the growing use of blockchain-based pa… [+3130 chars]

"Within the next few years the majority of money will live and move on blockchain in one form or another," according to Polygon Labs.

Theblock.co

Stripe-PayPal deal could accelerate shift to blockchain-based money, Polygon exec says - The Block

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Elon Musks xAI claims Terry Harwood bypassed Groks safeguards to generate CSAM. The company is asking for reputational and legal damages. 
Elon Musks xAI claims… [+3099 chars]

xAI is suing Terry Wayne Harwood for allegedly using the company’s Grok AI chatbot to generate CSAM, violating its policies.

The Verge

xAI sues a man for using Grok to generate CSAM ‘deepfakes’ - The Verge

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The FCC chair wants to end the broadcast ownership cap.
The FCC chair wants to end the broadcast ownership cap.
by
Lauren FeinerClose
Posts from this author … [+3160 chars]

Federal Communications Commission Chair Brendan Carr set a vote to eliminate the 39 percent broadcast ownership cap, which critics say he lacks authority to do.

Brendan Carr plans to let broadcast giants dominate the airwaves - The Verge

San Francisco pot smokers can now have their cake and eat it too.
The city’s Board of Supervisors approved a measure in a 74 vote Tuesday to allow Amsterdam-style cannabis cafes. It will now move to… [+3995 chars]

California pot smokers can now buy weed laced food, regular food, and enjoy live entertainment at their favorite approved cannabis lounges in San Francisco.

New York Post

California city makes final ruling on Amsterdam-style cannabis cafes - New York Post

Odds that gas prices will go above $4 per gallon by the end of this month have jumped to 90% from 56% on Kalshi in the last two days.
Kalshi traders now see a 93% chance that gas prices will go abov… [+1474 chars]

Like last month's average, Kalshi traders see gas prices surpassing $4 by the end of July.

Kalshi traders see gas prices crossing $4 by end of July - CNBC

Information in Investors Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. … [+1064 chars]

The semiconductor equipment giant raised its outlook for Q2 and the full year.

Investor's Business Daily

ASML Stock Rises On Second-Quarter Beat, Raised Forecast - Investor's Business Daily

Celcuity just won FDA approval for its first drug, a treatment for metastatic breast cancer.

Why This Biotech Stock, With Its First FDA Approval, Just Crashed By Double Digits - Investor's Business Daily

This article first appeared on GuruFocus.
International Business Machines (NYSE:IBM) was downgraded to Perform from Outperform by Oppenheimer after the company's preliminary second-quarter results f… [+1029 chars]

IBM's Earnings Fallout Continues as Oppenheimer Downgrades the Stock

Yahoo Entertainment

Oppenheimer Downgrades IBM Stock After Earnings Miss Triggers Massive Sell-Off - Yahoo Finance

The film Her would be significantly shorter in China, because the moment Theodore Twombly started to have feelings for the Scarlett Johansson-voiced AI named Samantha, the cord would get pulled out, … [+2923 chars]

Authorities have seen what this behavior does to a person, and they don't like it.