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The Latest Breaking News on Business

The Escrow Surprise That’s Spiking Mortgage Payments in 2026

Escrow accounts are quietly reshaping monthly budgets across the country in 2026, and many homeowners feel the shock when their mortgage bill suddenly climbs. Property taxes keep rising in many regions, and home insurance premiums continue their upward march, creating a perfect storm inside escrow accounts.

Everybody Loves Your Money

‘The thought behind it was great, but the execution was proving difficult': Starbucks abandons AI inventory tool after only nine months following multiple errors — coffee giant says it needs to 'focus on consistency and execution at scale'

Starbucks has rolled back its failed AI inventory system, which failed to identify products in real-world environments, after just nine months.

TechRadar

‘Historic’: Canadian warehouse workers sign first-ever union deal with Walmart

Union says collective agreement is just the start of a broader fight to unionize major employers across the country

The Guardian - US

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Gas at $4: Americans cut back on discretionary spends as fuel bills mount

Americans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting back on non-essential purchases like clothing and furniture. While some retailers see resilience, lower-income customers are noticeably reducing spending. Economists anticipate further retrenchment as tax refunds diminish and the cumulative…

The Economic Times

How Americans are adjusting their spending habits as cost of living soars

The U.S. Commerce Department reported last week that the growth in Americans' spending in April was primarily driven by higher prices, not an increase in purchases

The Independent UK

Bruker Signals Growth Pivot as Semiconductor and Overseas Orders Gain Steam

Bruker (NASDAQ:BRKR) is seeing stronger order momentum across several end markets, with semiconductor metrology, non-U.S. academic and government customers, and parts of its diagnostics business helping offset continued weakness in U.S. academic funding, a company representative said at a Jefferies

MarketBeat

75% of U.S. Homes are Now Unaffordable as Dave Ramsey Calls This ‘The Most Unrealistic Real Estate Market in 100 Years’

The housing market can improve on paper and still feel impossible in real life.

Barchart

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Here's where U.S. debt may become unsustainable as interest payments trigger a default crisis that even steep tax hikes can't fix

"Bond markets unravel sooner when investors believe that the government will not restore fiscal sustainability."

Fortune

Gordon-Darby Prepares to Renew Effort to Commandeer New Hampshire in Order to Maintain Emissions Testing Contract

Since it lost its first case on technical procedural grounds, the company plans to try again.

Reason

AutoZone Stock: Is AZO Underperforming the Consumer Discretionary Sector?

AutoZone has underperformed its sector peers recently, yet analysts remain highly optimistic about the stock’s prospects.

Barchart

Paramount to face legal challenge from states on Warner deal

Top lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery. The antitrust suit aims to block the mega-deal, citing concerns over reduced competition and bargaining power within the entertainment industry.

The Economic Times

Self-Employed Filers With Unusually Low Income Are Getting Flagged at Record Rates

Tax season has taken a sharper turn for self-employed workers, especially those reporting unusually low income compared to prior years or industry norms. The IRS has stepped up its detection systems, using advanced algorithms that quickly spot mismatches between earnings, expenses, and lifestyle indicators. Freelancers, gig workers, and small business…

The Free Financial Advisor

US added 172,000 jobs in May as labor market shows signs of resilience

Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran war

The Guardian - US

A CEO denied raises to spend money on AI instead. Companies have 'no idea what they're going to need in a workforce' when the AI race is over.

Companies may be cutting raises and benefits to create attrition, one expert says.

Fortune

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International Business Times

Consumer Spending Holds Strong As Americans Draw Down Savings Amid Rising Costs

Strong consumer spending remains a key driver of the U.S. economy even as savings rates fall and more households hunt for discounts.

TechRadar

How much data does your favorite messaging app collect? New study shows 90% of messaging apps now include AI that puts privacy at risk

Are your private chats truly secure? New research from Surfshark dives into the most popular messaging apps, revealing alarming data harvesting and AI privacy risks. See why Signal came out on top.

The Economic Times

The next phase of sales enablement: AI coaching, real-time feedback, and adaptive learning

New AI coaching tools simulate conversations, offering immediate feedback. This frees up managers for strategic tasks. Organizations must measure readiness through practice, not just course completion, to drive business outcomes.

The Economic Times

US stock market crash explained: Why did Nasdaq plunge 4% to log worst day in over a year

Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the Federal Reserve. The strong employment figures intensified inflation worries, making rate cuts less likely and potentially increasing the chance of a…

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news in one place.

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The Economic Times

Gold falls about 3% as robust US jobs data cements bets on higher rates

Gold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This data reinforced expectations that the Federal Reserve will maintain higher interest rates for an extended period due to ongoing inflation concerns.

The Economic Times

Apollo wraps up $35 billion debt to buy AI chips for Anthropic

The package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center construction and the chips they use. Tech companies are tapping every corner of the credit markets to meet AI’s unprecedented capital demands, forcing Wall Street to engineer novel debt…

The Economic Times

Chip slump erases $1.3 trillion in stock market value

The PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as Elon Musk prepares a blockbuster initial public ⁠offering next ‌week for SpaceX at an exceedingly high $1.75 trillion valuation.

TechRadar

2.6 million DentaQuest accounts exposed by data breach – ShinyHunters claim 234GB of data stolen

DentaQuest confirmed suffering a data breach, while ShinyHunters claims negotiations broke down.

Barchart

Dollar Soars on Fed Rate Hike Expectations

The dollar index (DXY00 ) on Friday rallied to a 1.75-month high and finished up by +0.66%. The dollar recovered from early losses on Friday and surged on the stronger-than-expected US May payroll report, bolstering speculation that the next Fed move will be an interest rate increase. Also, Friday's stock...

The Economic Times

US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources say

California, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, expected in the coming weeks, marks a significant move in state-led antitrust enforcement. This action could delay the deal, which faces opposition from Hollywood creatives and theater owners concerned…

Barchart

Morgan Stanley Revamps Its Dell Stock Price Target After Blowout Earnings. Dell Is Expanding Beyond the AI Boom.

Dell’s AI server business is driving record revenue growth, higher guidance, and a powerful stock rally in 2026.

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