Bank of Israel trims benchmark rate to 3.5% as inflation steadies and ceasefire eases energy costs
The central bank cut its key rate by 25 basis points, citing stable price growth and lower oil prices after a Gaza‑Iran…
Jul 6, 2026 · 3 min readBusiness
Business news
Microsoft trims 4,800 jobs, says cuts aren’t AI‑driven
The tech giant is eliminating 2.1% of its global staff while stressing that the roles aren’t being replaced by artificial intelligence.
Jul 6, 2026 · 3 min readTeraWulf signs $19 billion, 20‑year AI data‑center lease with Anthropic in Kentucky
The crypto‑miner’s stock spikes as it secures a massive long‑term lease to power Anthropic’s generative‑AI models.
Jul 6, 2026 · 3 min readMicron and Ford seal long‑term memory chip pact for next‑gen vehicles
The two companies announced a multi‑year supply agreement to provide advanced memory semiconductors for Ford’s upcoming electric and autonomous models.
Jul 6, 2026 · 4 min readGeorgia HOA Boards Must Comply With New Attorney‑Fee Transparency Law
Effective July 1, Georgia law limits how homeowner associations can charge legal fees, demanding board approval and member disclosure.
Jul 6, 2026 · 3 min readSouth Korea Targets $65 Billion Semiconductor Tax Windfall for New Growth Fund
The government plans to channel a $65 billion windfall from chip taxes into a sovereign‑style fund aimed at AI, green tech and broader…
Jul 6, 2026 · 3 min readBank of Israel trims benchmark rate to 3.5% as inflation remains subdued
The central bank’s third cut this year aims to cushion growth while keeping price pressures in check amid regional tensions.
Jul 6, 2026 · 3 min readChipotle and Microsoft Power Surge Sends Markets Soaring
Strong earnings and bold promotions from Chipotle and Microsoft lifted U.S. stocks, sparking debate over sustainability and broader industry impact.
Jul 6, 2026 · 4 min readMicron and Ford ink long‑term memory chip supply deal for next‑gen vehicles
The two companies signed a multi‑year agreement to provide automotive‑grade memory solutions for Ford’s upcoming electric and autonomous models.
Jul 6, 2026 · 4 min readCanada's services PMI slides to four‑month low amid geopolitical uncertainty
The index fell to its weakest level since February, signaling slowing demand and adding pressure to the Canadian dollar.
Jul 6, 2026 · 4 min readPerformance Shipping Extends Aframax Charter with Aramco Trading for 35 Months at $37,700 Daily
The Saudi oil trader locked in a three‑year time charter for the M/T Briolette, paying $37,700 per day, securing vessel capacity through mid‑2029.
Jul 6, 2026 · 4 min readSEPTA launches new Regional Rail timetable Sunday, July 5
The updated schedule reshapes weekday, weekend and holiday service across all seven lines, aiming for more consistent headways and better connections.
Jul 6, 2026 · 4 min readBarrel Energy insiders swap preferred stakes for hundreds of millions of common shares
Multiple insiders at the OTC‑listed oil‑field services firm converted preferred equity into up to 750 million new common shares, raising dilution questions.
Jul 6, 2026 · 4 min readTarget to Phase Out Ulta Shops, Launch In‑House Beauty Studio Across Stores
After five years of a shop‑in‑shop partnership, Target will replace Ulta Beauty counters with its own Beauty Studio concept, part of a…
Jul 6, 2026 · 4 min readCreator Marketing 2026: Duolingo, Ulta and YouTube Set the Pace
A new cross‑industry guide reveals how brands are leveraging creators to reach Gen Z and beyond, with lessons from language learning, beauty…
Jul 6, 2026 · 4 min readBlaize Holdings' Common Stock Lock‑Up Ends July 5 2026
Blaize Holdings, Inc. disclosed that a lock‑up agreement covering certain common shares will expire on July 5, 2026, joining several peers with similar restrictions.
Jul 6, 2026 · 3 min readPopular Inc. director Betty DeVita receives RSU grants from dividend equivalents
SEC filings show DeVita was awarded three separate RSU allocations—48, 75 and 82 units—over recent months.
Jul 6, 2026 · 3 min readGloo Leads Wave of Tech Companies Launching Common Stock Offerings
Gloo files to sell up to 7 million Class A shares as several tech firms turn to public offerings and warrants to fund growth.
Jul 6, 2026 · 4 min read