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The Latest Breaking News on Business

No credit score? A grocery list could be the next best thing

How you shop and what you buy at the grocery store can predict whether you pay your credit card bills on time, our new research shows.

The Conversation

Considering a mortgage refi? Lower rates are just one factor when refinancing a home loan

Mortgage rates haven’t been this attractive in more than a year, good news for homeowners eager to refinance

The Independent UK

Delta Escalates Legal Battle With CrowdStrike, Microsoft Amid $550M Loss From IT Outage

The outage, which became one of the most significant technical disruptions in recent memory, led to a $380 million loss in revenue for Delta.

International Business Times

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Lyft's CEO is on a quest to change the feature customers hate most

David Risher announced on the earnings call a new venture called Price Lock.

Fortune

Brazil Becomes World's First In Approving Spot Solana ETF, Pumping $SOL Above $163

Brazil has become the first country to approve a spot Solana ETF, leading the U.S., which has yet to approve VanEck's application.

International Business Times

More Texans join unions although national membership is down

The growth in union membership came from the technology and nonprofit sectors, as well as coffee shops.

The Texas Tribune

Advertisers axe corporate responsibility scheme after lawsuit from Musk’s X

Decision from WFA follows X suit accusing advertisers of conspiring to withhold ‘billions of dollars in revenue’

The Guardian - US

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Are Wall Street Analysts Predicting Exelon’s Stock Will Climb or Sink?

Exelon has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.

Barchart

Survey Says 46% Of Americans Say They'd Give Up A Raise Or Promotion For This Perk - It's Not Remote Work

As economic worries grow, Americans increasingly choose better retirement benefits over bigger paychecks, showing a change in what they want from their jobs.

International Business Times UK

67% of US Small Business Owners Fear Economic Downturn: 5 Issues They Want Candidates to Address

US-based small business owners prioritise taxes, regulations, and economic stability in upcoming elections.

International Business Times UK

Scripps Sees Progress Towards Selling Off Bounce TV Network

Company reports $13 million loss for second quarter

Broadcasting & Cable

China wrestles with ‘quantity over quality’ in generative AI patents

China has filed for more patents than any other country, but US export controls are not its only hurdle.

Al Jazeera

Analysts rethink Lyft stock price targets after earnings

Lyft CEO plans to 'whoop ass' on a major pain point that frustrates customers.

The Street

'There's no price Microsoft could pay': Apple says don't worry, Safari will never force you to use Bing for search

Alongside Google being declared a 'monopolist' by a US Federal Judge for search, comments from Apple's Eddy Cue note a switch to Bing as the default search engine is unlikely.

TechRadar

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Multichannel News

Paramount Reports $5.4 Billion Loss As It Writes Down the Value of its Cable Networks

Direct-to-consumer business shows $26 million profit

Kiplinger

Mortgage Rates Drop to Lowest Level Since April 2023. Should You Refinance?

Mortgage rates drop to 6.34%, the lowest level they've been in over a year.

Caixin Global

China-Backed Apollo Future Mobility Offloads Holding in Sensitive U.S. Business

Hong Kong firm sells shares in 3D printing company citing concerns over U.S. national security scrutiny

International Business Times

Costco To Filter Non-members; Will Install Card Membership Scanners At Entrance

The retailer announced that soon, members will no longer need to flash their cards at Costco employees but will simply scan them as they enter the store.

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Windows Central

The generative AI bubble might burst, sending the tech to an early deathbed before its prime: “Don’t believe the hype”

Recent developments in the tech industry show the AI bubble is about to burst. With OpenAI on the brink of bankruptcy and NVIDIA's sinking value, the end is nigh.

Investors Business Daily

Expedia Stock Jumps As 'Better-Than-Feared' Q2 Overcomes Travel Demand Warning

Expedia stock gained on strong Q2 results, but the company warned it is seeing softening demand for travel to start Q3.

Barchart

CenterPoint Energy Stock Outlook: Is Wall Street Bullish or Bearish?

CenterPoint Energy has lagged the broader market over the past year, and analysts are cautious about the stock’s prospects.

Reason

Survey: 63 Percent of Americans Support Free Trade. Why Don't Our Politicians?

Seventy-five percent of respondents are concerned that tariffs will raise the cost of the things they buy, yet neither Trump nor Harris has suggested lowering them.

Windows Central

Intel faces lawsuit and accusations of inflating its stock price by sharing 'materially false or misleading statements'

Intel now faces a lawsuit from its shareholders that claims the company shared false or misleading information about its manufacturing capacity. Intel announced 15,000 layoffs earlier this month and reported a net loss of $1.61 billion in the most recent quarter.

Fortune

The trillion-dollar metro club just got bigger

The number of trillion-dollar metros doubled in a year, lifting the housing market’s value to an all-time high, according to an analysis from Redfin.

Kiplinger

Eli Lilly's Weight-Loss Drugs Fuel Beat-And-Raise Quarter

Eli Lilly stock is surging after the pharma giant beat Q2 estimates and lifted its full-year outlook. Here's what you need to know.

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