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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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FDIC floats counting discount window borrowing toward liquidity Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
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SpaceX options volume explodes as trading kicks off. Here is a low-risk strategy to play the massive surge. This pro-level move minimizes out-of-pocket costs and helps manage risk.
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Three generations of Knicks fans celebrate watching the Knicks Championship Parade
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Micron, other memory stocks are having their best year ever. Why do they still look so cheap? Some of the AI booms biggest earners have become its biggest bargains.
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Another Mexican chain closes final restaurant, but it's not the end An 18-year-old Mexican chain has shut down, closely following On the Border's abrupt shutdown.
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Why were Waymo cars driving into active construction zones? Nearly 4,000 robotaxis are being recalled after more than a dozen incidents of the driverless vehicles entering hazardous areas. After driving into floodwater, gates, and telephone poles, Waymos robotaxis are being recal...
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Midjourney wants to map your body in 60 seconds and then send you to a sauna Midjourney, the AI lab known for generating images, is entering the health and wellness industry. Its new tech is inspired by dolphins.
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Bed Bath & Beyond bets $53 million on beating Zillow, Redfin The company's latest acquisition furthers CEO Marcus Lemonis' "everything home" vision
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Amazon's fast-selling jelly sandals come in 10 colors for just $45 ahead of Prime Day The Cushionaire Adjustable Jelly Slides are on sale for 31% off at Amazon. Shoppers can choose from 10 waterproof colors for just $45.
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Congress Receives Iran Deal and Some Senate Republicans Immediately Criticize It Senate Armed Services Chair Roger Wicker (R-MS) criticized President Donald Trumps supposed peace deal with Iran on Thursday, saying he
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Accenture CEO Julie Sweet says AI transformation will 'take some time' as stock price takes another hit Accenture CEO Julie Sweet says the company's AI strategy will pay off in the longterm.
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Netanyahu Made Israels Trumpy Bed. Now They Have to Sleep In It. As part of his round of media appearances JD Vance was asked today about critics of Donald Trumps Iran deal
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