US Retail Sales Climb for Ninth Straight Month as Consumers Defy Economic Worries
American shoppers extended their spending streak in June with retail sales up 9.41% year-over-year, driven by summer promotions and early back-to-school shopping.
American shoppers extended their spending streak in June with retail sales up 9.41% year-over-year, driven by summer promotions and early back-to-school shopping.
Uber announces acquisition of German food delivery giant Delivery Hero, creating a 99-country delivery empire with 36 billion in combined bookings.
Payments giant Stripe teams with private equity firm Advent International in joint offer representing 28 percent premium. Deal would reshape digital payments landscape.
In first congressional testimony, new Federal Reserve chairman pledges price stability while announcing five task forces to review Fed operations. June inflation data shows surprise improvement.
AL pitchers combine for first All-Star shutout in 13 years as Cody Bellinger earns MVP honors with clutch two-RBI single in 96th Midsummer Classic at Citizens Bank Park.
Singapore-based video generation startup PixVerse has closed a 439 million dollar Series C extension, with investors including Alibaba betting on its AI-powered content creation tools and world models.
The federal government has refunded 81 billion dollars in tariffs after the Supreme Court ruled Trump's IEEPA tariffs unconstitutional, widening the budget deficit as the administration prepares new trade measures.
Cardinals slugger Jordan Walker became the first St. Louis player to win the Home Run Derby, hitting four straight homers on do-or-die swings to defeat Kyle Schwarber 12-11 in a dramatic finale at Citizens Bank Park.
In a stunning reversal from their 2024 partnership, Apple has filed a federal lawsuit accusing OpenAI of systematically stealing secrets through former employees to develop rival hardware, naming the AI company's chief hardware officer as a defendant.
A wave of price hikes from Microsoft, Apple, Netflix, and Nintendo is making at-home entertainment as expensive as going out, leaving consumers with fewer affordable leisure options as funflation spreads beyond concerts and travel.
The 2026 Home Run Derby returns to a swing-based format as baseball's biggest power hitters compete at Citizens Bank Park, with hometown Phillies stars Harper and Schwarber facing off against rising talents like Junior Caminero and Ben Rice.
Eli Lilly has committed approximately 25 billion dollars across ten acquisitions in the first half of 2026, accounting for more than half of Big Pharma's combined deal spending as it reinvests GLP-1 profits.