The world in a glance.

Argentina invites AI to free itself

As we enter a new era of technology, AI must be permitted to develop without premature regulation

Javier Milei: Argentina invites AI to free itself

As we enter a new era of technology, AI must be permitted to develop without premature regulation

Nvidia takes AI battle from the data centre to the laptop

Chipmaker opens new front in rivalry with Apple, Intel, AMD and Qualcomm

President’s pledge to unleash a ‘golden age’ of US manufacturing sputters

Spending on new factories has fallen while industry executives point to uneven recovery

Russia could invade Nato states by end-2028, warns Latvian general

Military chief says Moscow has gained technological edge over west and may move sooner than expected

Russia could use drone edge to threaten Baltics, warns Latvian general

Military chief says Moscow has gained technological advantage that it may use to attack Nato by end of 2028

Trump’s pledge to unleash a ‘golden age’ of US manufacturing sputters

Spending on new factories has fallen while industry executives point to uneven recovery

How single-stock turbulence presents ‘asymmetric’ downside risk for a rather calm S&P 500

A “dispersion trade” is being fueled by rising volatility for individual stocks while index volatility is falling — suggesting the risks of a selloff are rising

Quantinuum raises $1.68 billion in IPO that seeks to give quantum computing more street cred

Quantinuum is pursuing a traditional IPO, whereas many other quantum players have gone the SPAC route.

Broadcom’s stock falls despite accelerating AI-chip growth

Latest revenue figures lack meaningful upside after the stock’s sharp recent rally.

CrowdStrike’s stock falls as investors find more reason to pan cybersecurity earnings

Like Palo Alto Networks before it, CrowdStrike beats financial expectations but sees its stock get punished

Israel and Lebanon agree to implement ceasefire

Joint agreement announced by the US state department calls for Hizbollah to stop all attacks

Republican-led House deals blow to Trump over Iran war

Lawmakers vote to block president from carrying out more strikes in Middle East without congressional approval

You’re going to pay tax on RMDs — there’s no way around it. Or is there?

Here’s your new playbook to protect your retirement cash.

SpaceX officially set to crush global records in targeting massive IPO haul of up to $86 billion

Elon Musk will hold more than 80% of the voting power of SpaceX shares, cementing his control over the company.

‘No one seems to wear their bling’: Is it safe to show off your expensive jewelry?

“I’ve been to many shows, operas, big parties and fundraisers.”

‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’

Higher prices are crimping spending among lower- and middle-income consumers, the Fed’s beige book reports.

SpaceX pitches investors $1.8tn valuation in historic IPO

Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT

The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.

AT&T’s stock sees its worst day in 8 months as the SpaceX threat comes into focus

Investors aren’t thinking enough about the risk posed by SpaceX’s satellite ambitions, an Oppenheimer analyst warned.

Google upsizes historic equity raising to $85bn to back AI spending spree

Tech giant’s first stock offering in more than two decades gets strong demand as investors shrug off huge investment plans

Trump’s proposed grant rules could destroy US science, researcher warns

Additional funding controls by Office of Management and Budget will make new discoveries less likely, say critics

Trump’s Iran war drains US oil stocks to lowest level since 2004

Industry warns prices could soon jump as inventories reach ‘critically low’ threshold

AT&T’s stock is seeing its worst day in 8 months as the SpaceX threat comes into focus

Investors aren’t thinking enough about the risk posed by SpaceX’s satellite ambitions, an Oppenheimer analyst warned.

Europe’s tightrope walk on tech sovereignty

EU should be wary of curbing access to US providers as it tries to nurture its own

Google upsizes historic equity raise to $85bn to back AI spending spree

Tech giant’s first stock offering in more than two decades gets strong demand as investors shrug off huge investment plans

Marvell’s stock is on a run not seen in a quarter-century as the tech company grows in stature

Marvell now ranks No. 22 in the Nasdaq-100 with a $269 billion market capitalization that’s higher than those of PepsiCo and T-Mobile.

Another redemption wave is spooking the $2 trillion private-credit market

Private-credit woes are back in focus after a pair of l funds limited redemptions in the second quarter

Sellers are pulling homes off the market at the fastest pace since 2020

Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.

Partners Group limits withdrawals at private equity fund for wealthy individuals

Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle

CBS fires veteran correspondent Scott Pelley amid turmoil over direction of '60 Minutes'

CBS News has fired high-profile "60 Minutes" correspondent Scott Pelley amid debate about the direction of the show, a mainstay of the network.

Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents

Morgan Stanley's move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.

Vanguard fund becomes first ETF to top $1tn in assets

Rapid growth shows volume of passive money ready to buy IPOs such as SpaceX and Anthropic

Check your rent bill: You could be paying a monthly fee for a service you didn’t know you signed up for

A property-management technology company is charging people for a credit-repair service without their knowledge, a new class-action complaint alleges.

Eli Lilly's top dealmaker says don't be surprised to see more M&A that pushes Lilly into new areas

Eli Lilly's new top dealmaker explains how the company changed its approach to M&A now that it's the most valuable pharmaceutical company in the world.

Investors would be crazy to turn bearish on stocks now, says veteran strategist. In six months, maybe not.

Marco Papic is worried about where stocks are headed in six to 12 months from now, with massive tech IPOs a big part of that concern.

A stark new warning about the global economy: Inflation is headed higher and growth lower

Organisation for Economic Co-operation and Development now anticipates a worldwide inflation rate of 4% this year.

Macy's posts strongest Q1 growth in four years, raises guidance despite consumer worries

Macy's has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.

ADP says businesses create the most new jobs in 16 months. Hiring rebounds after a lull.

ADP said U.S. businesses created 122,000 new jobs in May to mark the biggest increase in 16 months, another sign that points to an increase in hiring and a rebound in what’s been…

Oil prices climb for a third straight day as peace-deal hopes teeter

WTI crude futures have risen nearly 10% in three days as hopes for a quick peace deal fade.

Partners Group limits withdrawals in private equity fund for wealthy individuals

Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle

One person killed in Iranian strike on Kuwait airport

Gulf state condemns attack that threatens already strained Middle East ceasefire

Ukraine strikes St Petersburg as Putin’s forum gets under way

Kyiv hits oil terminal after deadly Russian strikes on Ukrainian cities

I want to give my brother and his kids $5,000 each. My financial adviser is reluctant. Who’s right?

“In the past I’ve loaned my brother over $12,000, which I’m sure I’ll never get back.”

The hottest stock market in the world has doubled this year. Now Goldman Sachs sees another 40% gain from here.

Earnings are the principal driver behind the breathtaking rallies achieved by Korean and Taiwanese benchmark indices in 2026, and Goldman Sachs thinks the market is still…

Billionaire moves into 10th place globally as Inditex sales jump

Amancio Ortega moved into 10th place on the Forbes real-time billionaires list after the retailer he co-founded, Inditex, reported accelerating sales in the current quarter.

What happened to celebrity selling power? Why Hollywood’s most famous struggle to unload their lavish homes.

For decades, fame seemed to be the only guarantee for a quick, splashy, and profitable home sale, but in recent years, that playbook seems to have faltered.

The late Richard Simmons’ L.A. estate returns to the market with a new sales strategy—and a lower price

The iconic Los Angeles estate where fitness guru Richard Simmons died in 2024 has undergone a big price cut, just a few weeks after it reappeared on the market as a $5.8 million…

OECD warns of ‘dark scenario’ if Gulf energy crisis drags on

Growth rates would tumble to levels rarely seen outside of major global events such as the Covid-19 pandemic

Ebola outbreak stirs familiar grim sense of foreboding

The Bundibugyo strain is a reminder that serious health threats can escalate from under-the-radar pathogens