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Deep dives and daily takes from The Business Now newsroom — across markets, money and macro.
Economy
U.S. Launches Fresh Wave of Airstrikes on Iran as Middle East Crisis Escalates
The United States has reportedly launched another wave of military strikes against Iran, marking a significant escalation in the rapidly expanding conflict that has gripped the Middle East over the past several weeks. According to multiple reports, including Axios and Reuters, U.S. forces targeted additional Iranian military assets in an effort to further weaken Tehran’s...
Finance
Minutes of the Federal Open Market Committee: Markets Await Key Signals on Interest Rates and Inflation
Investors Focus on FOMC Minutes for Clues About the Federal Reserve’s Next Move Global financial markets are closely watching the release of the Minutes of the Federal Open Market Committee (FOMC), one of the most important economic documents published by the U.S. Federal Reserve. The minutes provide a detailed account of policymakers’ discussions during their...
Technology
Apple iPhone 18 Pro Leak: Thicker Design, Bigger Battery & New Camera Upgrades — Everything We Know So Far
Apple iPhone 18 Pro Leaks Hint at a Bigger Redesign Ahead of September Launch The Apple iPhone 18 Pro is making headlines after a wave of fresh leaks suggested that Apple’s next premium smartphone could feature a thicker body, significantly larger battery, upgraded camera system, and internal design changes. While Apple has yet to officially...
Finance
Federal Reserve Faces Transparency Questions as J.P. Morgan Warns of “Diminished Communications” Risk
J.P. Morgan Raises Concerns Over Federal Reserve’s Communication Strategy J.P. Morgan has warned that changes in the Federal Reserve’s communication approach could make financial markets more volatile and reduce transparency for investors. The concern comes ahead of the release of the June Federal Open Market Committee (FOMC) meeting minutes, which analysts believe could provide the...
Economy
Trump Administration Launches Major H-1B Visa Fraud Investigation; Cognizant Among Companies Named
US Expands Probe Into Alleged H-1B Visa Fraud The Trump administration has launched what officials describe as one of the most extensive investigations into alleged H-1B visa fraud in recent years. According to statements from the US Department of Labor’s Office of Inspector General, investigators have issued numerous summonses as part of a broader effort...
News
EPFO Launches New Centralized Database: Faster PF Claims, Instant Updates & Digital Services Explained
EPFO Completes Major Digital Transformation, Bringing Faster PF Services to Millions The Employees’ Provident Fund Organisation (EPFO) has completed one of its biggest digital modernization initiatives by shifting millions of member records to a new centralized database. The upgrade is expected to significantly improve claim processing, reduce service delays, and make Provident Fund (PF) management...
News
7000 crores Mumbai–Pune Expressway Missing Link Damaged by Monsoon Landslide Just Weeks After Opening, Raising Safety Concerns
Mumbai–Pune Expressway’s New Missing Link Faces Early Setback After Monsoon Landslide The recently inaugurated Mumbai–Pune Expressway Missing Link has suffered a significant setback after a monsoon-triggered landslide damaged a retaining wall on the newly opened section. The incident occurred barely nine weeks after the project’s inauguration, forcing authorities to partially suspend traffic while engineers assess...
Commodities
Jackdaw Gas Field Sparks Fresh Climate Debate: Owner Says Project Will Have ‘No Material’ Impact on Global Warming
Jackdaw Gas Field Back in the Spotlight The UK’s controversial Jackdaw gas field in the North Sea has returned to the center of the country’s energy and climate debate after its owner released an updated environmental assessment arguing that the project’s greenhouse gas emissions will “not materially influence” global climate change. The revised assessment comes...
Global
Ukraine Launches Major Drone Strikes on Russian Oil Refineries and Tankers: What It Means for Global Oil Prices, Crimea, and India
Ukraine Targets Russian Energy Infrastructure in One of the Largest Drone Operations Ukraine has launched one of its most significant long-range drone campaigns of the year, targeting multiple Russian oil refineries and fuel tankers linked to supplying occupied Crimea. According to Ukrainian officials, the overnight operation struck three oil refineries and several tankers believed to...