International Business Times

Trump Reportedly Holds Key Meeting To Decide How Much To Escalate In Iran

President Donald Trump reportedly held a meeting in the Situation Room to decide on the next course of action in Iran.

Tensions Have Flared Up Around Hormuz Again. Now Iran Is Signaling That A Key Red Sea Gateway Could Be Next
As Clashes Continue To Escalate Between The U.S. And Iran, Trump Goes Back To Threatening Tehran's Key Infrastructure

SpaceX Surged After Its Stock Made Its Debut. Its Price Has Now Dropped Below The IPO Level
SpaceX's stock briefly dropped below its IPO price on Wednesday.
Inflation Rose Less Than Expected Last Month. Now A Top Trump Official Says The Fed Must Act Accordingly
National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.
Inflation Cooled More Than Expected In June. Now A Fed President Says Price Increases Have 'Peaked'
New York Fed President John Williams said he sees multiple signs that inflation has peaked.
Renewed U.S.-Iran Clashes Again Cast Uncertainty Over Energy Markets. The ECB Is Bracing
The ECB will reassess its interest rate decision next week as a result of renewed clashes between the U.S. and Iran, Bundesbank President Joachim Nagel said.
Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.
PayPal shares surged Wednesday after Stripe and private equity firm Advent International submitted a joint offer worth more than $53 billion for the company that helped bring digital payments into mainstream online commerce.

Anthropic Has Warned AI Could End Civilization. Now They're Hiring People To Prevent Exactly That.

The roles include enforcement analysts specializing in radiological and nuclear harm, chemicals and explosives, cybercrime, financial scams, and other high-risk areas.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Economy in Focus

Inflation Cooled More Than Expected. Traders Now Think the Fed Will Hold Rates Steady in July
The Consumer Price Index (CPI) rose 3.5% over the past 12 months through June, slowing from the 4.2% annual increase recorded in May.
- Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains
- The Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace
What SK Hynix's U.S. Debut Reveals About Wall Street's Leveraged ETF Craze
The rapid launch of leveraged funds tied to South Korea's AI chip champion underscores how retail demand has reshaped one of Wall Street's most popular investment products.

Britain Is Changing How It Taxes Crypto. DeFi Users Will No Longer Face Immediate Capital Gains Bills.

The United Kingdom is overhauling the way it taxes certain cryptocurrency transactions, becoming one of the first major economies to formally recognize that lending digital assets and participating in decentralized finance liquidity pools do not always represent a meaningful change in ownership.

Akshat Gattani spent a decade learning what it actually takes

Contributor

From Robotaxi Fleets to Simulation Labs: One Engineer's Journey

Akshat Gattani has spent most of his career inside that hidden layer. First at a major robotaxi operator, and now as a technical program management leader at a Sunnyvale-based company powering physical AI across automotive, defense, trucking, mining, construction, and agriculture.

Contributor
Kinect Real Estate Partners Launches Opportunity Zone Fund Around Shovel-Ready Gresham Site
Fund is a single-project vehicle: investors know the site, the entitlement status, and the submarket before they commit, rather than betting on a pipeline that will be assembled over several years.
Contributor
Speechify's Simba 3.2 Reaches No. 1 on Global AI Voice Leaderboard
Speechify, the company behind the consumer products used by more than 60 million people, is now positioning its developer arm, SpeechifyAI, as a third path built for scale rather than the benchmark leaderboard alone.