3 Million Drop Obamacare Health Coverage as Subsidies End
The US health insurance market has seen a significant decline in Obamacare coverage, with around 3 million people dropping their plans. This represents a 13% de
Business
Morgan Stanley's Private Credit Fund Launches Debt Offer
Morgan Stanley's private credit fund is selling investment-grade bonds to refinance its debt. The fund, managed by the US financial giant, is looking to restruc
Microsoft's Worst Month in Decades as $570 Billion Wiped Off
Microsoft Corp.'s shares are on track for their worst monthly performance since 2000, with a massive selloff erasing $570 billion from its value. The tech giant
Labour Leadership: Ed Miliband Tipped for Top Treasury Role
Lucy Powell, Labour's deputy leader, has backed Ed Miliband as a potential chancellor under Andy Burnham's leadership. Miliband, currently energy secretary, is
Trump's Massive Earnings Revealed
President Trump's financial disclosures show he earned more than $1 billion last year from various cryptocurrency ventures. This figure is part of a much larger
Alibaba agrees to $600 million settlement over illegal drug sales on its platforms
Alibaba Group Holding Ltd., the Chinese e‑commerce giant, has agreed to pay a $600 million civil penalty to resolve U.S. Justice Department allegations that its
IMF Cuts Israel’s 2026 Growth Forecast to 3.5% Amid Regional Tensions
The International Monetary Fund released a fresh outlook on Wednesday, lowering Israel’s projected GDP growth for 2026 to 3.5 percent. The revision drops the pr
Spain Removes Gibraltar from Tax Haven List
Spain's Finance Ministry has updated its list of non-cooperative jurisdictions, removing Gibraltar after 35 years and adding Russia. The change took effect on J
Trump's AI Crackdown Leaves Tech Industry Longing for Predictability
The US tech industry is reeling after President Donald Trump's sudden shift towards aggressive AI regulation, sparking nostalgia for a more predictable approach
Lenovo's CFO on AI-Driven Capital Allocation
Lenovo's Chief Financial Officer is navigating a significant investment boom as companies worldwide pour money into artificial intelligence. The tech giant is a
AI Debt Boom Revives Century-Old Private Market
IREN Ltd., a data center operator for AI model training, sold $2.1 billion in private bonds in May, fuelling a surge in private debt markets. This transaction i
AI-Driven Rally Falters as Asia Stocks Lose Early Momentum
Asian stocks reversed their early gains on July 1st, 2026, putting pressure on the AI-driven rally that had been gaining momentum. The reversal was seen across