Business

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A European low-cost airline keeps insulting Americans

With long-time Ryanair chief executive Michael O’Leary long associated with his wit and fiery temper, the larger low-cost airline in Europe has also taken a “talking the shit” strategy to its social media presence over the years. After Elon Musk called O’Leary a “total idiot” to his 223 million followers, Ryanair reciprocated by holding a

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Business

Michael Burry’s newest short reveals what really worries him about AI

The AI trade isn’t just about Nvidia anymore. That could be the true warning sign underlying Michael Burry’s current move on the markets. The investor behind “The Big Short” has revealed new bearish positions against Tesla (TSLA), Nvidia (NVDA), Caterpillar (CAT), Applied Materials (AMAT), and the iShares Semiconductor ETF (SOXX), according to the Wall Street

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Business

Oil’s 4-month low hands Exxon, Chevron a fresh problem

The Iran war handed Exxon Mobil (XOM) and Chevron (CVX) their sharpest stock surge in years.  Then the peace dividend arrived, and it had the opposite effect. West Texas Intermediate prices fell to about $69 a barrel on June 28, its lowest since late February. This happened as tanker traffic through the Strait of Hormuz

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Business

Verizon pays BT $625M in telecom shakeup

BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other half. BT and Verizon announced on June 29 that they signed an agreement to combine their respective international enterprise operations

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Business

Goldman Sachs makes big change to its recession call

Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius lowered the bank’s 12-month U.S. recession

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Business

Airline launches easier way to get to Taiwan from the U.S.

With the island nation welcoming just under nine million international visitors in 2025, the demand for Taiwan travel is currently at a high unseen in almost a decade. The capital city of Taipei is currently going through a burst of luxury hotel development while airlines are also eying the city for their network expansion plans.

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Business

Digital infrastructure is reshaping global finance

Trading floors became electronic exchanges over the past few decades. Bank branches gave way to apps, and cash gave way to a tap on a phone screen. Each upgrade made finance faster without changing what sat underneath it: fragmented payment networks, multi-day settlement cycles, and reconciliation still done largely by hand. That foundation is the

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Business

Williams just made a $5.5 billion bet amid data center boom

Williams (WMB) just delivered one of the biggest natural gas headlines of 2026. The Tulsa-based pipeline giant is reportedly nearing its largest acquisition in years with a deal worth about $5.5 billion. The company is buying a private competitor located in the shale basin. Yet, shares fell immediately following the news. It is a stark

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Business

Alphabet stock rally exposes Google’s unusual AI problem

Alphabet (GOOGL) just got one of the most renowned promotions in the stock market. Google parent Alphabet officially entered the Dow Jones Industrial Average on June 29, replacing Verizon Communications (VZ) and giving the 30-stock blue-chip index a stronger stake in the artificial intelligence trade. The modification was effective before the commencement of trade on

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Business

Trump doubles down on Axon stock before major federal agency expansion

President Donald Trump bought a sizable stake in Axon Enterprise this year, the maker of the taser and a growing lineup of policing technology.  Two weeks later, Immigration and Customs Enforcement asked vendors for thousands of new tasers built to specifications that experts say match only Axon’s gear. Nobody has indicated that Trump knew about

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