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Politics
Amazon layoffs take their toll
People pass by The Spheres in downtown Seattle, Washington, on June 25, 2025. Juan Mabromata | AFP | Getty ImagesOn an early morning in January, Jake Linsley woke up to a text from Amazon that was lighting up his phone."I thought it was…
Berkshire Hathaway gains ground, but still trails the S&P 500 as ’26 enters
With 2026 a bit more than half over, Berkshire Hathaway's B shares are down 1.8% year-to-date and 12.4 percentage points behind the S&P 500's 10.7% gain.
Read More: Berkshire Hathaway gains ground, but still trails the S&P 500…
China’s BrainCo bets on wearable brain tech
Brain-computer interfaces, a nascent technology, establishes a direct link between human minds and devices.BrainCoElon Musk's Neuralink, which uses implants in people's heads to compensate for disabilities, has become the poster child…
Trump threatens to ‘decimate’ Iran if it tries to kill him
Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images)Nurphoto | Nurphoto |…
AstraZeneca’s trial flop raises bigger questions around its pipeline
AstraZeneca's failed late-stage trial for Wainua was never expected to have a major financial impact on the company.Most analysts estimate the trial miss wiped just 2-4% from their valuation models. Yet the shares lost roughly twice that…
Iran technical talks, SK Hynix, Fed taskforce, VW model cut
US President Donald Trump (L) and NATO Secretary General Mark Rutte (R) attend the North Atlantic Council meeting held as part of the 36th NATO Heads of State and Government Summit at the Presidential Complex in Ankara, Turkiye on July…
Abivax $920 million cash haul lets it prepare for U.S. launch: CEO
Abivax's latest funding round allows the biotech to move toward a U.S. launch of its bowel disease drug without backing from Big Pharma, CEO Marc de Garidel told CNBC after months of intense takeover speculation."Thanks to the cash we…
Auto giant to cut model lineup and capacity
Cars are parked in fron of the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany.Jens Schluter | Afp | Getty ImagesVolkswagen's management plans to drastically reduce its model lineup and further cut capacity,…
Why the stock market and economy may seem out of sync
Traders work on the floor of the New York Stock Exchange during morning trading on July 08, 2026 in New York City. Michael M. Santiago | Getty ImagesStocks were off to a blistering pace in the first half of the year. Meanwhile, the U.S.…
SK Hynix rises 13% in Nasdaq debut. Chairman says ‘demand is enormous’
SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea's second-most valuable company. The stock is trading under the ticker symbol SKHYV,…