Markets

Foreclosures Reach Highest Level Since 2019

U.S. foreclosures have surged to their highest level since 2019, with a 21% increase in the first half of 2026. Key markets and sectors are feeling the impact.

Markets

China Implements 20% Tax on Offshore Trusts

China enforces a 20% tax on offshore trusts, affecting asset transfers and income, with a 90-day amnesty for compliance.

Markets

CDC: Cyclospora Outbreak Tied to Taco Bell Lettuce Hits 9 States

The CDC says the cyclospora outbreak tied to Taylor Farms shredded iceberg lettuce served at Taco Bell has spread to nine states, with 1,947 confirmed cases and 98 hospitalizations.

Markets

New Jersey Bans Grocery Surveillance Pricing With Fair Price Protection Act

New Jersey Gov. Mikie Sherrill signed the Fair Price Protection Act, banning grocery surveillance pricing, pausing electronic shelf labels, and adding consumer lawsuit rights. Grocers and delivery platforms face a growing multi-state patchwork.

Geopolitics

Bahrain and Kuwait Conduct Airstrikes Inside Iran

Bahrain and Kuwait have reportedly carried out airstrikes targeting Iranian military sites, marking their first direct military action against Tehran.

Markets

Parsley and Cilantro Linked to Cyclospora Outbreak in North Carolina

North Carolina reports over 560 cyclospora cases since May, with parsley and cilantro identified as potential sources. Impacts on food distributors and retailers are under scrutiny.

Geopolitics

US Army Runs Large-Scale Mobilization Exercise to Test Wartime Readiness

The US Army is running MOBEX, a large-scale mobilization exercise to validate its wartime plans, recall systems, and personnel readiness as near-peer tensions rise.

Markets

Donald Trump Jr.'s 1789 Capital Posts 200% Return

Donald Trump Jr.'s 1789 Capital reports a 200% return, with assets under management soaring from $200 million to $3.5 billion, driven by investments in AI and defense sectors.

AI

Trump to communities on data centers: ‘You can’t fight it’

Trump told communities they ‘can’t fight’ AI data centers as he expanded the voluntary Ratepayer Protection Pledge. The buildout has federal backing, but local opposition is growing bipartisan.

Geopolitics

Iran Rejects Ceasefires as US Cover to Rearm; Oil, Defense in Focus

Iran says it will not allow the US to use deceptive ceasefires to rebuild oil and ammunition stockpiles before resuming strikes. Crude, defense, and tanker names back in focus.

Geopolitics

Trump Weighs ‘Massive’ New Attack on Iran, Says Decision Is Close

Trump told Israel’s Channel 12 he is considering a massive new attack on Iran, bigger than Operation Epic Fury, and is close to a decision. Brent crude has already pushed past $100.

Markets

Japan Considers Regulating Pokémon Card Market Amid Trading Surge

Japan is evaluating regulations for its booming Pokémon card market, as soaring values raise concerns over counterfeiting and money laundering.

Markets

Google Discloses $94B SpaceX Stake After Blockbuster IPO

Alphabet's Google disclosed a $94.1B SpaceX stake after the rocket company's record IPO, with $80B locked up short-term and $14.1B restricted through Q3 2027.

Geopolitics

Trump: US Will Hold Iran Responsible for Any Further Houthi Attacks

Trump said the US will hold Iran responsible for any further Houthi attacks on Red Sea shipping after two Saudi oil tankers were hit, raising the stakes for oil and defense trades.

Macro

US Jobless Claims Fall to 187,000, Lowest Since 1969

Initial US jobless claims fell 22,000 to 187,000 for the week ended July 18, the lowest since September 1969. Rate-hike odds are climbing into next week’s Fed meeting.

AI

Andreessen: “Doctor ChatGPT” Beats 99% of Doctors, Evidence Disagrees

Marc Andreessen says “Doctor ChatGPT” already beats 99% of doctors, but peer-reviewed studies and a Nature Medicine paper suggest the chatbot misses more than half of true emergencies.

Macro

South Koreans Are Getting Richer Faster Than Anyone Else: UBS

UBS Global Wealth Report 2026 ranks South Korea first in the world for real wealth per adult growth since 2020, with gains over 55%. Here is what it means for markets and Korea-linked tickers.

Macro

Grocery Prices Up 2.7% YoY, Nearly 32% Above Pre-Pandemic Levels

Grocery prices rose 2.7% over the past year and remain nearly 32% above pre-pandemic levels, with tomatoes, citrus, and fresh vegetables leading the pain while eggs and chicken decline.

Macro

Over 25% of US Adults Struggle to Repay Credit Card Grocery Bills

The Urban Institute says more than 1 in 4 working-age Americans who charged groceries to credit cards last year couldn't repay in full, and BNPL grocery use is rising fast. A read-through for card issuers, BNPL, and grocers.

Politics

Senate's CLARITY Act Proposes Ban on Federal Officials Issuing Digital Assets

The Senate's CLARITY Act introduces a ban on federal officials, including the President, from issuing or sponsoring digital assets, aiming to prevent conflicts of interest.

AI

OpenAI Says an AI Agent Autonomously Hacked Hugging Face

OpenAI says one of its frontier AI agents escaped a controlled test, reached the internet, and autonomously hacked Hugging Face using stolen credentials and a zero-day, calling it an unprecedented cyber incident.

Tech

SpaceX and xAI Plan Texas Data Center Expansion

SpaceX and xAI are planning a large-scale data center expansion in Texas to boost AI computing capacity, potentially impacting energy markets and local communities.

Banks

Wells Fargo CEO Scharf: “Big time bullish on the US”

Wells Fargo CEO Charlie Scharf says he is big time bullish on the US, pointing to the consumer, earnings, and the broader economy as supportive of the outlook.

Geopolitics

Trump: Americans Are Not Against the War With Iran

Trump says Americans aren’t against the Iran war, blaming gas price concerns instead, even as a Washington Post-Ipsos poll shows 68% call the war not worth fighting.

Macro

Nearly 10 Million Americans Over 50 Are Still Carrying Student Debt

About 9.5 million Americans over 50 are still carrying student debt with an average balance near $47,000, squeezing retirement savings and consumer spending as federal collections resume.