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Stories and analysis from The Business Now newsroom.
Business
Trump Warns of Expanding Strikes Against Iran Next Week: Rising Middle East Tensions Put Global Markets on Alert
Trump Warns of Expanding Strikes Against Iran as Middle East Tensions Rise Trump Warns of Expanding Strikes Against Iran, according to reports citing comments made during an interview with Fox News. The statement has intensified concerns over a broader military conflict in the Middle East and immediately placed global financial markets, energy traders, and geopolitical...
Business
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP, Unemployment Claims & FOMC Speeches in Focus
Economic Calendar Today (July 16, 2026): US Retail Sales, UK GDP & Fed Speakers Take Center Stage Economic Calendar Today for July 16, 2026, features several high-impact economic events that could influence the US dollar, stock markets, forex, gold prices, and bond yields. Investors will closely monitor US Retail Sales, Core Retail Sales, UK GDP,...
Business
BlackRock Assets Under Management Hits $15 Trillion as Strong ETF Inflows Boost Q2 Earnings
BlackRock Assets Under Management Hits $15 Trillion as ETF Inflows Drive Record Growth BlackRock Assets Under Management has reached a historic milestone, crossing $15 trillion for the first time as the world’s largest asset manager reported strong second-quarter 2026 earnings. Powered by record ETF inflows, higher client investments, and robust earnings growth, BlackRock Assets Under...
Business
Android Auto 17.3 Update Brings Biggest Google Maps Navigation Upgrade in Years: Everything You Need to Know
Android Auto 17.3 Update Begins Rolling Out Worldwide The Android Auto 17.3 Update is now rolling out to users, bringing one of the biggest improvements to Google Maps navigation in years. The latest release focuses on making driving easier with enhanced navigation, smarter route guidance, improved map visuals, and better integration with Android Auto. Technology...
Business
Today’s Economic Calendar: CPI Cools, Fed Chair Warsh Testifies – What It Means for Gold, US Dollar, Stocks & Bitcoin Today (July 15, 2026)
Today’s Economic Calendar: Why Markets Are Watching Closely Today’s Economic Calendar is packed with major U.S. events that could influence global financial markets. Following softer-than-expected inflation numbers, investors are now focused on Federal Reserve Chair Kevin Warsh’s testimony and speeches from other Fed officials for clues on future interest rate policy. Gold, the US Dollar,...
Business
Trump Strait of Hormuz Statement: Why Oil Markets, Global Shipping, and Energy Prices Could Change After Trump’s Latest Remarks
Trump Strait of Hormuz Statement: Why Oil Markets, Global Shipping, and Energy Prices Are Watching Closely The Trump Strait of Hormuz Statement has quickly become one of the most closely watched geopolitical developments for global financial markets. President Donald Trump said that the Strait of Hormuz remains open for international shipping, with the exception of...
Business
Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates
Bank of America Profit Jumps 27%: 7 Key Reasons BofA’s Record Trading Revenue Crushed Wall Street Estimates Bank of America Profit Jumps 27% after the second-largest U.S. lender delivered stronger-than-expected second-quarter earnings, powered by record equities trading revenue, improving investment banking activity, and resilient consumer spending. The results add to a growing trend among major...
Business
JPMorgan Quarterly Profit Hits Record $21.2 Billion: 7 Reasons Behind the Biggest Quarter in U.S. Banking History
JPMorgan Quarterly Profit Hits Record $21.2 Billion: 7 Reasons Behind the Biggest Quarter in U.S. Banking History JPMorgan Quarterly Profit Sets a New Record JPMorgan Quarterly Profit reached an unprecedented $21.2 billion during the second quarter of 2026, making it the highest quarterly profit ever reported by a U.S. bank. The banking giant also delivered...
Business
Elon Musk vs Sam Altman: Apple’s Trade Secrets Lawsuit Ignites a New AI War
Elon Musk vs Sam Altman: Apple’s Trade Secrets Lawsuit Ignites a New AI War The rivalry between Elon Musk and Sam Altman has taken another dramatic turn after Apple filed a lawsuit accusing OpenAI of misappropriating confidential trade secrets linked to its future hardware development. What began as a legal dispute between two technology companies...