U.S. Strategic Petroleum Reserve faces stress as emergency releases strain old infrastructure
The reserve has an authorized storage capacity of 714 million barrels, according to the Department of Energy.
Apple touches $5 trillion market cap for first time
The jockeying between Apple and Nvidia reflects a debate about the future of AI that has preoccupied investors this summer.
EBay, former execs to pay $56 million in blogger harassment and stalking case
Ina and David Steiner run a popular ecommerce blog that had angered eBay executives due to its critical coverage.
Trump: New tariffs ‘doing the same thing’ as the ones struck down by Supreme Court
President Trump dismissed fears his tariffs could hurt the economy — especially as affordability concerns have become a key issue of the 2026 midterm elections.
Apple plans to lease iPhones for $17.99 a month through partnership with Klarna
Apple is announcing an iPhone lease option weeks after raising iPad and Mac prices due to the global memory shortage.
Amazon, Meta and Microsoft face skeptical investors this week after Google report sparked sell-off
Alphabet’s free cash flow has turned negative, and the company lifted its capital spending forecast. Slower-growing cloud rivals report this week.
New Republican ads slam Democrats opposed to Trump’s tariffs
As the 2026 midterm elections approach, the National Republican Congressional Committee is knocking Democrats who have opposed President Donald Trump’s tariffs.
Coca-Cola hikes full-year forecast. CEO tells CNBC the World Cup boosted its brands
Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.
Wildfires burn nearly 300,000 acres in France and Spain as heat wave looms
Temperatures in France are expected to rise to 95 degrees Fahrenheit this week, as firefighters battle the ongoing wildfire, which has affected parts of Spain.
Supreme Court approval hits record low as Republicans’ support declines
The Trump administration saw some big losses at the Supreme Court in 2026 on issues involving tariffs, birthright citizenship and the Federal Reserve.
