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Wall Street
Stories and analysis from The Business Now newsroom.
Dow Jones
US Jobs and Retail Sales Data: Jobless Claims Beat Forecasts While Retail Sales Growth Slows
US Jobs and Retail Sales Data Signals a Strong Labor Market but Slower Consumer Spending US Jobs and Retail Sales Data released on July 16, 2026, painted a mixed picture of the U.S. economy. The labor market remained resilient as Initial Jobless Claims dropped to 208,000, beating economists’ expectations of 217,000 and improving from the...
Business
GE Aerospace Earnings: GE Aerospace Beats Q2 Expectations, Raises Profit Outlook Despite Stock Decline
GE Aerospace Earnings Beat Expectations as Profit Outlook Improves, but Stock Slips GE Aerospace Earnings are making headlines after the aviation giant reported better-than-expected second-quarter 2026 results, raised its full-year profit guidance, and highlighted continued strength in commercial aviation demand. Despite the impressive financial performance, GE Aerospace shares declined following the earnings release, surprising many...
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...
Markets
SpaceX Stock Falls Below IPO Price Ahead of Starship Test Flight: Should Investors Be Worried?
SpaceX Stock Falls Below IPO Price Ahead of Critical Starship Test Flight SpaceX Stock is back in the spotlight after the aerospace company’s shares fell below their initial public offering (IPO) price for the first time. On July 16, 2026, SpaceX Stock dropped to an all-time low of $132.75, slipping below its IPO price of...
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...
Commodities
US Crude Oil Inventories Fall More Than Expected as Iran Conflict Intensifies: What It Means for Oil Prices, Gold, and Global Markets
US Crude Oil Inventories Fall More Than Expected Amid Escalating Iran Tensions The latest U.S. Energy Information Administration (EIA) data showed that US crude oil inventories fall by 1.692 million barrels, signaling tighter supply conditions than expected. While analysts had anticipated a larger draw of approximately 1.962 million barrels, the report still marks a significant...
Dow Jones
PayPal Takeover News: Stripe and Advent Offer More Than $53 Billion to Acquire PayPal
PayPal Takeover News: Stripe and Advent Make $53 Billion Acquisition Offer PayPal Takeover News is making headlines after reports revealed that payments giant Stripe and private equity firm Advent International have jointly offered to acquire PayPal in a deal worth more than $53 billion. The reported proposal values PayPal at $60.50 per share, representing a...
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,...