Morning News: July 16, 2026

Diesel Hits $5 a Gallon Again, Up 33% Since Iran War

Russia Sanctions Bill Sparks Fears of Broadening Trump’s Tariff Powers

Trump Administration to Impose New 25% Tariff on Brazil

Abolishing the Education Department Only Works in Theory

Bessent’s 3-3-3 Economy Is Slipping Out of Reach

Pity Mohamed El-Erian, He Took Scott Bessent Literally

A Tax Hike Is Not the Same As a Plan to Save Social Security

Hedge Fund Giants Are Snapping Up Smaller Rivals’ Trade Ideas

South Korea to Halt New Listings of Single Stock Leveraged ETFs

Why Soccer Analytics Works Like Volatility Arbitrage Trading

Messi Defending World Cup Title Would Boost US Sportsbooks Too

Wall St Banks’ Q2 Saw Deal Fees, Trading Windfall Boost Profit

U.S. Bancorp Quarterly Revenue Rises to Record

The Six-Figure Hire Becoming Indispensable to America’s CEOs

Europe Finds It Hard to Break Up With American and Chinese Technology

TSMC to Invest a Further $100 Billion in U.S. After AI Fuels Surge in Earnings

Google Ordered to Give A.I. Rivals More Access on Android Smartphones

For Software Engineers, the AI Reckoning Is Already Here

The Identity Crisis at Elon Musk’s Chaotic AI Outfit

Very Few Jobs Is the Whole Point of Data Centers

India Is Moving Fast to Catch Up in A.I. A Coastal City Fears the Fallout

Britain Nationalizes Its Last Major Steel Mill

A Lucid Look at America’s Failing EV Sector

Uber to Buy Delivery Hero in $14.8 Billion Deal

GE Aerospace Raises FY Outlook on Higher Sales, Profit

NextEra and Dominion File to Form a Huge Power Company

Kalshi Will Offer Sports-Style Betting on Drug Trial Results

Abbott Laboratories Sales Rise on Diagnostics Growth

Lilly Strikes $3.8 Billion Deal for Psychedelic Drugmaker

UnitedHealth Results Handily Beat Wall Street Expectations

Conagra’s ‘Show-Me’ CEO Says Every Product Needs to Earn Its Keep

Adult Happy Meals Lure Even High-Earning American Diners

Americans Are Exhausted. There’s a $3,000 Mattress Cover for That

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Posted by on July 16th, 2026 at 7:02 am


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