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Stories and analysis from The Business Now newsroom.
Business
Anthropic’s $9.1 Billion Riot Platforms Deal Changes the AI Data-Center Game — Is RIOT the Next AI Infrastructure Winner?
Anthropic’s $9.1 Billion Riot Platforms Deal Changes the AI Data-Center Game — Is RIOT the Next AI Infrastructure Winner? Anthropic has signed a massive 20-year data-center agreement with Riot Platforms. The deal could generate $9.1 billion in revenue for Riot, with the potential value rising to $16.1 billion if extension options are exercised. But the...
Business
U.S. Fires on Panama-Flagged Ship Near Iran Blockade: Vela Nova Incident Raises Fresh Maritime Crisis Fears
U.S. Fires on Panama-Flagged Ship Near Iran Blockade: Vela Nova Incident Raises Fresh Maritime Crisis Fears Meta Description: U.S. forces reportedly fired on Panama-flagged ship Vela Nova after it attempted to breach the blockade of Iranian ports. Here’s what happened and what it means. A new maritime confrontation in the Gulf region is putting the...
Global
Jon Stewart Grills John Fetterman Over Israel, Trump and the Democratic Party’s Growing Divide
Jon Stewart Grills John Fetterman Over Israel, Trump and the Democratic Party’s Growing Divide Sen. John Fetterman faced a pointed challenge from Jon Stewart over his increasingly outspoken support for Israel and his criticism of Democrats during an appearance on The Weekly Show. The exchange quickly moved beyond foreign policy. Stewart questioned whether Fetterman’s positions...
Global
WSOP Main Event Down to Two: 22-Year-Old Lucas Jumalon Leads With $10 Million and Poker History on the Line
WSOP Main Event Down to Two: 22-Year-Old Lucas Jumalon Leads With $10 Million and Poker History on the Line The 2026 World Series of Poker Main Event has reached its final showdown, with just two players remaining and a life-changing $10 million first prize separating them from poker immortality. Twenty-two-year-old Lucas Jumalon enters heads-up play...
Commodities
Trump Demands Answers From Hegseth Over U.S. Weapons Shortages as Iran War Strains Pentagon Stockpiles
Trump Demands Answers From Hegseth Over U.S. Weapons Shortages as Iran War Strains Pentagon Stockpiles The widening conflict with Iran is putting new pressure on the Pentagon as President Donald Trump has reportedly demanded answers from Defense Secretary Pete Hegseth over shortages of critical U.S. weapons and the military’s ability to sustain operations. The reported...
Commodities
Trump’s $100 Billion Tariff Refunds Are Pouring Back Into Corporate America—But Where’s the Money for Consumers?
Trump’s $100 Billion Tariff Refunds Are Pouring Back Into Corporate America—But Where’s the Money for Consumers? The U.S. government has now refunded roughly $100 billion collected under Donald Trump’s former “Liberation Day” tariffs, turning a major trade-policy reversal into a massive financial event for American importers. The refunds follow the Supreme Court’s February 2026 ruling...
Business
Oil Prices, Fed Rate Cut Bets, and Iran Sanctions Collide—Why Global Markets Just Entered a Critical Turning Point
Oil Prices, Fed Rate Cut Bets, and Iran Sanctions Collide—Why Global Markets Just Entered a Critical Turning Point A series of major developments in the U.S. economy and global energy markets unfolded within hours, creating one of the most significant trading sessions in recent weeks. Weaker-than-expected private hiring, a sharp rise in U.S. crude oil...
Commodities
Trump Gives Iran a “Last Chance” as Hormuz Deal Moves Closer — But Tehran Wants Control of the Vital Oil Route
Trump Gives Iran a “Last Chance” as Hormuz Deal Moves Closer — But Tehran Wants Control of the Vital Oil Route President Donald Trump is warning Iran that time is running out for a deal as diplomatic efforts intensify over the Strait of Hormuz, one of the world’s most important energy chokepoints. Iran and Oman...
Business
July 5 Economic Calendar 2026: Jobs, Inflation and ISM Services Could Shake Markets
July 5 Economic Calendar 2026: Jobs, Inflation and ISM Services Could Shake Markets The July 5 economic calendar brings a concentrated run of European and U.S. economic data, with services activity, producer prices, private-sector employment and U.S. oil inventories all scheduled to hit the market. Traders will be watching the data closely for potential signals...