Russia's Central Bank revises 2026 inflation forecast to 6-7% due to fuel price spikes and supply shocks, cuts GDP growth forecast to 0.0-1.0%
Comparison of ProWritingAid and Grammarly, two popular grammar-checking tools, highlighting their features, pricing, pros, and cons to help users decide which suits their writing needs best.
Uzbekistan's economy grew 8.5% in the first half of 2026, driven by structural reforms since 2017, with significant increases in investment, exports, and sectoral growth, alongside improved credit ratings from Moody's and Fitch.
The US imposed new tariffs on 60 economies over forced labor, drawing international condemnation and impacting global markets. Volkswagen and SAP cut profit outlooks, while a bill requiring AI kill switches was introduced in Congress.
Seoul stocks plunged nearly 6% on Friday, ending a three-day winning streak, as escalating Middle East tensions and a bearish outlook for the semiconductor sector sapped risk appetite. The KOSPI's sharp decline triggered a five-minute trading suspension.
Intel reported strong second-quarter results, with revenue up 25% to $16.1 billion and non-GAAP EPS swinging to a 42-cent profit, exceeding analyst estimates. The chipmaker provided an upbeat third-quarter outlook, driven by demand for AI infrastructure and its foundry business, leading to a stock increase.
Indian domestic air traffic is projected to grow 3-6% and international 0-3% this fiscal, but the sector faces a Rs 36,000-38,000 crore net loss due to West Asia instability, rising fuel costs, and Rupee depreciation, leading ICRA to assign a negative outlook.
Grocery chain Albertsons saw its shares drop over 20% after lowering its fiscal 2026 outlook, citing softer consumer demand and a more cautious spending environment, impacting its net income and identical sales projections.
American Airlines lowered its 2026 earnings outlook, citing increased fuel costs that fares aren't fully offsetting, leading to an 8% share drop. The carrier also forecast a wider adjusted loss for the current quarter and revised its 2024 earnings guidance downward.
Australian Sharks captain Nathan Power will lead the men's water polo team at the World Aquatics Water Polo World Cup in Sydney while on parental leave from KPMG. He and teammate Blake Edwards have brought their babies on tour, fostering a positive team culture focused on family support, praised by coach Tim Hamill.
L'oro ha subito una marcata correzione nella prima metà del 2026, riassorbendo un premio di valutazione. L'analisi indica un "sano assestamento" e prevede un recupero verso i 4.563 USD/oncia entro il secondo trimestre del 2027, guidato dai fondamentali macroeconomici come inflazione, tassi d'interesse e dollaro USA, dopo che fattori geopolitici e la nomina alla Fed avevano innescato il calo.
The RBI reported that India's domestic economy successfully navigated a tumultuous global phase, showing robust credit growth and a steady external sector. Despite delayed kharif sowing and rising retail inflation driven by food and fuel, healthy demand and resilient industrial and services sectors underpin a buoyant outlook.
Southwest Airlines reported a 9.4% increase in second-quarter net income to $233 million, driven by higher fares and a 16.4% revenue jump to $8.4 billion. However, its third-quarter adjusted earnings forecast of 50-75 cents per share fell below analyst expectations of 82 cents, despite projected sales growth.
UK inflation unexpectedly dropped to 2.6% in June, driven by lower fuel, food, and clothing prices, offering a boost to Prime Minister Andy Burnham's cost of living plans. However, analysts warn this relief may be temporary due to escalating Middle East tensions and upcoming energy price cap increases.
Prediction market platform Kalshi launched its 'Midterms Hub,' allowing users to view traders' expectations for U.S. Senate and House races. The hub integrates market odds with polling averages, fundraising data, and news, aiming to provide unbiased political insights backed by real money.
Moody's ha alzato il rating sul debito sovrano dell'Argentina da Caa1 a B3 con outlook positivo, citando la stabilizzazione macroeconomica, i surplus fiscali e la riduzione dell'inflazione. Il governo argentino ha accolto il rialzo come riconoscimento dei progressi.
UK job vacancies dropped to 712,000 in June, nearly half of 2022 levels, as employers delay hiring. Unemployment held at 4.9%. Economists warn of a fragile labor market, while the new PM Andy Burnham faces pressure to boost the economy amid rising costs and global conflict.
UnitedHealth Group exceeded second-quarter earnings estimates and increased its full-year profit outlook, driven by improved management of high medical costs and a significant $1.5 billion investment in AI to streamline operations. The company's stock jumped over 7% on the news, despite ongoing elevated medical costs and membership declines.
TSMC, the world's largest contract chipmaker, reported record quarterly profits and raised its revenue outlook, driven by robust demand for AI chips. The Taiwan-based company also announced an additional $100 billion investment to expand its advanced chip manufacturing capacity in the US.
Major airlines, including Emirates and Delta, reported record profits totaling $25.11 billion in their latest financial results. However, the Iran war's impact on Gulf airspace and a spike in jet fuel prices are now threatening future profitability, with IATA warning global airline profits could halve.
Dutch semiconductor equipment maker ASML reported better-than-expected quarterly results, driven by strong AI-related investments, leading the company to raise its full-year 2026 net sales and gross margin outlook. The firm also plans significant production capacity increases despite ongoing US-China tech tensions.
Apple surpassed Nvidia to become the world's most valuable company at $4.88tn, driven by shifting investor focus in the AI race. This marks Apple's return to the top spot since April last year, while Nvidia's shares declined.
Mirae Asset Investment Managers (India) CIO Neelesh Surana discusses market conditions, fund strategies, and investment philosophy. Despite recent underperformance, Surana remains positive on the market, citing attractive valuations and a recovering economy. He emphasizes buying quality at reasonable prices and outlines the firm's approach to portfolio construction and risk management.
Peter Komolafe, nascido na Inglaterra em 1979, superou a experiência de viver nas ruas para se tornar um renomado consultor financeiro, autor e palestrante. Sua jornada incluiu adoção, bullying, retorno à Nigéria e dificuldades financeiras antes de encontrar sucesso.
