Luke Weaver posts heartfelt goodbye to Mets after trade as part of sell-off
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Michael Burry of "The Big Short" fame is sticking with his bearish wagers even as the S&P 500 surges to a record high, warning that the rally could still end in a sharp sell-off reminiscent of the 1987 stock-market crash.
Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, but the stock slumped in extended trading.
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Wall Street sent stocks soaring to records on Tuesday as a multitude of factors combined to form a broad rally.
The U.S. stock market rallied to records as companies kept piling up profits and oil prices eased.
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Topic:Business, Economics and Finance
The Pajero gained popularity in Japan in the 1990s with its offroad capabilities. (Mitsubishi Motors)
Published 5 August 2026 5:45am
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A U.S. Bankruptcy Court will allow clergy abuse claimants to sue for an estimated half-billion dollars in parish assets to fund settlements under the Vermont Roman Catholic Diocese’s current financial reorganization case.
The Knesset Finance Committee on Tuesday approved the transfer of approximately NIS 270 million to haredi (ultra-Orthodox) education institutions amid the Knesset’s recess ahead of the election.
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Chipotle Mexican Grill (CMG) shares fell sharply Tuesday after Bloomberg reported that the chain had removed jalapeños from Minnesota restaurants over a suspected link to a salmonella outbreak that has sickened 110 people in the state - while WaPo reports that the outbreak has spread to 15 states. Chipotle stock fel…
The US stock market is rushing toward records as profits keep piling up for companies and as oil prices ease.
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Potential home buyers are dropping out of auctions and not turning up to open for inspections, nervous about falling property prices and an uncertain economy.
Social media influencers are posting provocative videos to lure customers into gambling venues and illegal online betting apps, sparking fears the clips are exploiting problem gamblers and enticing teens to start betting.
Sports fans are watching more advertisements for alcohol during football games than they were 12 months ago, and experts say the exposure will lead to an increase in family violence at home.
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Joseph McCarthy was right about everything. Communist movements have been playing the long game from inside western nations, exploiting the liberal freedoms westerners enjoy as a backdoor to sabotage free market choice and constitutional checks and balances from within. The players might have changed over the decade…
The Israeli Knesset Finance Committee held a session on Tuesday to approve the allocation of an additional 113 million shekels ($36m) for Israeli settlement expansion in the occupied West Bank, raising the year’s budget for settlements to a record 821 million shekels ($273m).
Wildfires in the EU have caused more than €3 billion ($3.46 billion) in damages so far this year, exceeding the European Commission’s average annual estimate, the Financial Times has reported.
Demand is growing for Furukawa Electric's fiber-optic cables as data centers that power AI require more communications capacity. (Furukawa Electric)
Banks are competing for deposits to finance their increasingly profitable lending operations. (Photo by Toshiki Sasazu)
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Big Oil delivered its strongest quarter since the aftermath of Russia's invasion of Ukraine, with six of the world's biggest oil companies posting a combined $79.4 billion in second-quarter net income as Brent crude averaged about $104 a barrel, up more than 50 per cent year-on-year. The Iran war sent prices higher …
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Chipotle Mexican Grill said Tuesday it temporarily pulled jalapenos from restaurants in Minnesota after learning that their supply may have been linked to a salmonella outbreak.
Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damage
The International Monetary Fund said on Tuesday that Syria's economic recovery is being unevenly felt across the country, as the fund agreed on a technical assistance programme for Damascus.
Cleveland Sirens President of Business Operations Allison Howard introduces the name of Cleveland’s WNBA franchise during an event at Rocket Arena, Tuesday, Aug. 4, 2026, in Cleveland. (AP Photo/Joe Reedy)
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Palestine Action Canada and the Arms Embargo Now coalition have announced a coordinated, coast-to-coast “Day of Action” scheduled for August 13, calling on activists to mobilize outside the facilities of Canadian companies that supply components to defense contractor Elbit Systems.
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U.S. Treasury Secretary Scott Bessent and Japanese Finance Minister Satsuki Katayama have both mentioned the use of a repo facility in the coordinated yen intervention. (Nikkei montage/Source photos by Reuters and Nikkei)
Oil prices were down by about 5 per cent on Tuesday, with Brent falling below $80 for the first time in nearly a month, as markets digested conflicting claims over possible negotiations between the US and Iran.
The per-gallon price is displayed electronically over the various grades of fuel available from a pump at a QT gasoline station Thursday, July 30, 2026, in Greenwood Village, Colo. (AP Photo/David Zalubowski)
Toyota Motor increased its U.S. sales volume for the April-June quarter while GM and Ford declined. (Photo by Shintaro Ino)
The UAE's Dana Gas and Crescent Petroleum have started supplying natural gas to a federal Iraqi power plant, bolstering electricity generation as the US-Iran war disrupts the country's energy sector.
FINANCIAL markets have an unfortunate habit of rewarding drama. A surprise interest rate cut sends traders into a frenzy. A collapsing currency dominates headlines. Yet, some of the most consequential developments are the ones that barely register beyond the business pages. The United States Federal Reserve’s (Fed) …
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