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Business News

Location American Business News for 18 June 2026
A hot-mic incident at the G7 summit in France captured candid conversations among world leaders, revealing discussions on Greenland, smoking, and football before formal talks commenced.
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The firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.
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Fed Warsh era kicks off with big surprise no one saw coming Kevin Warsh launched a major Fed overhaul, dropped forward guidance and unveiled five task forces as inflation concerns reshaped rate forecasts.
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Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels The U.S. and Iran agreed to a framework for a peace deal that extends their cease-fire for another 60 days. Now, a series of practical steps are needed for traffic to pick back up through the shipping chokepoint.
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Another airline shuts down and cancels all flights over fuel crisis The airline is reported to have suspended operations amid a jet fuel shortage.
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The next two weeks could be a bumpy ride for U.S. stocks. Buy any dip, this strategist says. Citadel Securities strategist Scott Rubner says one of the most important two weeks of the year is here, and that could open buying opportunities for stocks.
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Bitcoin ETFs Lose $82M as Ark and Blackrock Reverse Prior Session Gains Crypto ETF flows turned negative again on Wednesday, June 17, as bitcoin and ether funds reversed the prior sessions broad gains. Still, HYPE and solana ETFs attracted fresh capital, showing that modest demand remains al...
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Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks The Fed held rates but signaled it is more worried about inflation than growth in Chair Kevin Warsh's first meeting.
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Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with doubts swirling, investors have found it easier to reach for something more tangible: stablecoins and tokenization.
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HyperFund Promoter Bitcoin Rodney Pleads Guilty in $1.8 Billion Crypto Scam HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a global wire-fraud scheme. Promoter Bitcoin Rodney pleaded guilty to a federal conspiracy charge after authorities ...
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Claude ran like a CA: Professionals are leaning towards AI to file income tax - Check viral prompt Working professionals took to social media to share how they used AI to file their income tax returns - From decoding dense tax terminologies to automatically accounting for mid-year employer switches, and more
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Invest in mutual funds daily with just ₹10: Axis Mutual Fund launches Rozana SIP Axis Mutual Fund has launched the Rozana SIP facility, which enables investing with just ₹10 per scheme per day through its website. This initiative offers a low-ticket-size approach and helps build an everyday investi...
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Nifty 50 vs Nifty Next 50: Which index rewarded investors more? What 10-year rolling returns reveal Often viewed as a secondary large-cap benchmark, the Nifty Next 50 has outperformed the Nifty 50 across 3-, 5-, 7- and 10-year rolling periods. The data also shows it occupies a distinct position between traditional larg...
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Under-bed storage is a great option to utilize unused space - starting at $7 Utilizing unused space for storage is a great option for seasonal clothes, linens, and more. Find options starting at only $7.
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Amazon is selling a set of 4 packing cubes for only $14 ahead of Amazon Prime Day The Amazon Essentials Packing Cubes, which come in an assortment of sizes and perfect for organizing your clothes, are 22% off at Amazon.
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Penske Media Is Buying Whats Left of Vox Media

The New York Times - 18 Jun 2026 18:27
Penske Media Is Buying Whats Left of Vox Media The deal will put online publications like Popsugar and Eater under the same roof as Rolling Stone and Variety.
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Central banks send clear message with record gold buying Reserve managers are making a record-setting move, and it isn't in stocks or bonds.
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It Must Be Super Bad - Broadview Six Edition I wanted to zero in on something that was mentioned mostly in passing in the latest set of filings from
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Media-shy financier Stephen Feinberg has quietly amassed extraordinary influence over US military spendingThe only available video over the last 15 months of the official who really wields power in Donald Trumps Pentagon...
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Straight Up Intimidation: The Latest on the FBI Raid of an Ohio Voter Registration Group Hello, and welcome back to The Franchise. Late last week, a hundred federal agents descended on a non-profit voting rights
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GoFundMe confirms campaign for dog shot by LAPD is authentic as fundraising nears $190,000 mark The fundraiser was created shortly after a tragedy unfolded in Los Angeles, as a woman was celebrating the New York Knicks NBA Finals victory. A GoFundMe campaign for a woman whose dog was shot and killed by police on Sa...
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I asked ChatGPT if a Bengaluru DINK couple earning ₹3 lakh a month can retire by 50? Here's what AI said The RBIs inflation target remains 4% with a 2%-6% band. Medical inflation has recently run far above headline inflation, and Indias life expectancy at birth is about 72 years-all of which argue for a cautious plan, said ...
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