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The world's money news right now: markets, the economy, the companies and the deals moving capital across every continent today.
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Senate Democrats want hearings on Trump’s crypto holdings and foreign investors
Democratic Senators cited $1.4 billion in Trump family crypto income, unidentified investors and a reported UAE-backed stake in Wo…
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Air taxi company Beta wraps first test flights in U.S. government's pilot program
Beta is one of several electric air taxi makers racing to secure Federal Aviation Administration certification and start flying pa…
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Chip giant SK Hynix raises $26.5bn as shares surge in bumper US listing
The shares surged as much as 17% in their Nasdaq trading debut on Friday following the record-breaking foreign listing.
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Two bidders are better than one. But easyJet’s exit is depressing for the London market | Nils Pratley
Once again a mispriced share price created opening for US raiders to rush in US private equity firm Apollo enters easyJet bidding …
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EasyJet agrees to surprise takeover bid as rival US firm swoops in
The airline says a bid from US firm Apollo has trumped a recent takeover offer from Castlelake.
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Delta expects higher airfare to last, bringing 2026 profit goal in reach, CEO says
Delta is the first of the U.S. airlines to report second-quarter results.
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Stock market today: Dow, S&P 500, Nasdaq rise to cap choppy week as SK Hynix pops in US debut
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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
Interest payments on the debt are now so large that the spending is higher than the outlays for the Departments of Defense, Commer…
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Warsh Announces Slate of New Advisers for Fed Task Forces
The five task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the …
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Delta, United and Other Airlines Are Offering Lower-Cost Business Class Options: What to Know
Delta is the latest U.S. airline to introduce stripped down, luxury-class fares. What do you get for your money, and is it worth i…
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The fight against AI data centers is important – but it’s just a starting point | Bruce Schneier and Nathan E Sanders
AI companies want to capture the value created by entire industries. That concentration of wealth and power is society’s greatest …
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PepsiCo earnings miss estimates as U.S. consumers tighten their budgets
PepsiCo reported weaker-than-expected quarterly earnings despite strong international demand.
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Licensed to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland
Greenland Energy says billions of barrels of crude could lie beneath territory and claims it has permission to bring drilling kit …
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Renewed Fighting With Iran Shows Cracks in Peace-Trade Rally
Investors have taken heart from the fragile cease-fire between the United States and Iran before. Will they do so again?
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Chip giant SK Hynix jumps 13% in US market debut
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Oil Prices Jump After Trump Says Deal With Iran Is ‘Over’
Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region…
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Oil Market Calm Shattered by Fresh Hostilities Between US and Iran
Oil prices are likely to remain volatile as long as the United States and Iran are unable to resolve the status of the Strait of H…
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Trump Lashes Out at Spain: ‘Cut Off All Trade.’ Here’s Why That’s Unlikely.
A move against Spain would face political, legal and practical issues and probably provoke a wider trade war with the European Uni…
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Used EVs keep getting more expensive amid Iran war, high gas prices
The Manheim Used Vehicle Value Index for EVs — which tracks prices of used vehicles sold at its U.S. wholesale auctions — increase…
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Netflix, Disney and YouTube interested in FIFA World Cup U.S. rights; package could reach $2 billion
FIFA has alerted media companies that English- and Spanish-language U.S. rights are likely to be sold together for 2030 and 2034, …
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Will Trump invade Cuba? – podcast
Since Donald Trump threatened to ‘take’ Cuba, the Caribbean island has been on edge. Escalating US sanctions and an oil blockade h…
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U.S. Trade Deficit Widens in May on Record Goods Imports
Imports of foreign goods, including pharmaceuticals and equipment for data centers, hit a record high, pushing the monthly trade d…
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Planned Parenthood restarts Medicaid billing after Trump defunding last year closed clinics, hitting services like breast cancer and STD screenings
The restored funding does not mean the battle over federal abortion policy has ended, and not all services that were cut will retu…
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Trump Promised a Foreign Investment Boom. It’s Getting Harder to Deliver.
The threat of tariffs may have helped push more capital into the United States, but other factors are pushing it away.