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Business News

Location American Business News for 13 July 2026
Elon Musk and Sam Altman are trading insults over Apple's OpenAI lawsuit, and with SpaceX now public and OpenAI filing to list, retail investors hold a stake in the feud.
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A month on from the firm's stock market debut, the reality of how SpaceX currently makes money has seemed to come into clearer focus.
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The US Government Owes $39 Trillion. Heres Why Thats Bitcoins Best Argument Yet U.S. gross national debt crossed $39 trillion in mid-March, and debt held by the public stood at over $31 trillion. With the Congressional Budget Office projecting a $1.9 trillion deficit in fiscal 2026 and public debt r...
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These biggest and least loved stocks are the ones to pick ahead of earnings Profit growth will overcome artificial intelligence concerns and lift the S&P 500, says Evercore ISI.
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Why prediction markets like Polymarket and Kalshi often fail the average investor Big traders dont always know best.
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The stock-market rally now hinges more on AI than oil As earnings season kicks off, AI investment remains front and center.
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The charity says it gave out 36,400 items of child clothing and 536 tubs of formula milk in 2025.
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Within hours of fresh US attacks, Iran said it had struck US military bases in Kuwait, Jordan and Bahrain.
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ITR filing 2026: Here's what happens if you miss the July 31 deadline - 1% monthly interest, late fee and more The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.
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Inside food companies scramble to dial back health claims Indias wellness boom was built on the back of bold claims about the health benefits of various products. Now, following a regulatory crackdown, the makers of those products are becoming more circumspect.
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DA hike: What are the types of Dearness Allowances, how they are calculated - explained Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.
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Only 30% of individual investors' mutual fund AUM is in direct plans: Why retail buyers still prefer regular route While direct plans make up 77.7% of institutional investors' mutual fund AUM, the corresponding share for individual investors is just 30%. Experts say the gap is driven by the need for professional advice and invest...
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Mint Explainer | Why are generic weight loss drugs losing steam? Despite a surge in generic semaglutide options, recent data indicates that market dynamics are shifting, affecting sales forecasts and patient onboarding rates. 
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BNPL impact on credit score: 5 key facts every borrower should know before using buy now, pay later A buy now, pay later facility can help build a strong credit history when used responsibly. Timely repayments, controlled borrowing, and avoiding defaults are crucial. Learn how BNPL services affect credit scores, borrow...
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Presumptive taxation: Who should opt for it & who should avoid it? Experts explain The presumptive taxation scheme offers a simpler way to compute taxable income, but it may not suit every taxpayer. Here's what businesses and professionals should consider before choosing it.
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How much EPF can you withdraw? Check it online with these simple steps. The new rules compress a dozen complicated advance clauses into three broad categories while requiring a mandatory 25% retirement reserve.
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UBS says 'buy the dip' in Bloom Energy stock

The Street - 13 Jul 2026 17:03
UBS says 'buy the dip' in Bloom Energy stock UBS raised its Bloom Energy stock price target to $350 and kept its buy rating after the company expanded a key partnership.
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Analyst says Foxs Roku risk may be mispriced

The Street - 13 Jul 2026 16:47
Analyst says Foxs Roku risk may be mispriced The question is whether Fox can transform into a different kind of company.
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Bought a car worth over ₹10 lakh? Here's how to claim your 1% TCS refund If you have bought a car worth more than ₹10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax liability or claimed a...
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Robinhood Chain Surges: L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers Robinhood Chain processed more than $3 billion in trading volume during its first full week of public operation, according to defillama.com data, but most of that volume came from meme coins rather than the tokenized sto...
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Target's problems aren't what you think they are

The Street - 13 Jul 2026 16:33
Target's problems aren't what you think they are Retail analysts say Target's biggest challenges weren't the ones dominating headlines, and the company is working to rebuild customer trust.
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Oil Prices Surge After Iran and U.S. Trade Strikes

The New York Times - 13 Jul 2026 16:32
Oil Prices Surge After Iran and U.S. Trade Strikes The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.
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