Thursday, July 16, 2026

Hormuz Shipping Traffic Falls, . . .U.S. Homebuilder Sentiment Slips Again to Match Year’s Low, . . .Roll Up for the Great British Closing Down Sale, . . .Lilly Strikes $3.8 Billion Deal for Psychedelic Drugmaker


Watch: US Hits Oil Tanker as Strikes Against Iran Intensify

Iran-US Hostilities Worsen as Hormuz Shipping Traffic Falls
Tensions between the warring sides show little sign of abating.
CO1
CL1

More

Iran’s Top Negotiator Defends US Peace Talks Against Hardliners
US Drivers Are Again Paying More Than $5 a Gallon for Diesel
US Stocks Head Lower
NDX
SPX
7/157/16-2.00%-0.50%1.00%
Markets Wrap
Chip Stocks Hit by AI Spending Worry as Oil Climbs
Concerns are rising over whether massive AI investments will justify lofty valuations.

Related

Hoisington, US Bond Bull for Decades, Turns Decidedly Bearish
IPOs of Tiny Foreign Firms Nearly Vanish in US After Pump-and-Dump Crackdown
The Eli Lilly & Co. logo.
Ore Huiying/Bloomberg
Lilly Strikes $3.8 Billion Deal for Psychedelic Drugmaker
LLY
MRK
Businessweek
How Eli Lilly Got Huge By Making Us Thin
Merck’s $3,800-a-Year Cholesterol-Cutting Pill Gets FDA Nod
Hedge Fund Giants Snap Up Smaller Rivals’ Trade Ideas
Félix Decombat
The Big Take





Hedge Fund Giants Snap Up Smaller Rivals’ Trade Ideas
Citadel and Point72 are among the managers sourcing trade signals to aid a multibillion-dollar profit engine.
Multistrat Hedge Fund Paloma to Cut Teams in Latest Pivot
US Retail Sales Rise Modestly as Consumers Spend Less on Gas
A drop in gas-station receipts masked strong gains at some merchants.

Related

US Homebuilder Sentiment Slips Again to Match Year’s Low
US Jobless Claims Decline to 208,000, Below Forecasts

Bloomberg Opinion

ICE Officers Fatally Shoot Undocumented Immigrant In Maine
Trump’s ICE Crackdown Is Becoming a Republican Liability
By Erika D. Smith, Columnist 






Two States Are Making the Case That Money Isn't Political Speech
By Mary Ellen Klas, Columnist
Bessent’s 3-3-3 Economy Is Slipping Out of Reach
By Justin Fox, Columnist
Justin Fox
A Lucid Look at America’s Failing EV Sector
By Liam Denning, Columni
US-TECHNOLOGY-COMPUTERS-HARDWARE
Timothy A. Clary/AFP/Getty Images









Exclusive
Apple Readies End-to-End iPad Refresh, Inc
luding OLED Mini
Apple plans the biggest overhaul to the iPad mini in half a decade, giving new life to a product that’s popular with travelers and technology enthusiasts.
Exclusive
A $399 Smart Ring Aims to Replace the 150-Year-Old Blood Pressure Cuff
American CEOs’ Secret Weapon in the AI Age: The Chief of Staff
Postings for the job more than doubled last year, with salaries that can reach $400,000.
BofA’s Moynihan Joins Bank CEOs Warning About Mythos AI Risks
Texas State Representative Talarico Campaigns Ahead Of Primary Election
Mark Felix/Bloomberg
Talarico’s Texas Senate Bid Gets $10 Million Boost From LinkedIn Co-founder Hoffman
The race may be one of the most expensive races of the 2026 midterms.
Dario Amodei, Anthropic Employees Give Millions to Regulate AI
Deadly ICE Shooting Jolts an Already Chaotic Maine Senate Race

Businessweek
The Identity Crisis at Elon Musk’s Chaotic AI Outfit
Unhealthy Air Quality Envelops NYC as Heat Tests US Grids
Texas Floods, Canada Smoke and Western Heat Batter US
For Software Engineers, the AI Reckoning Is Already Here
For Software Engineers, the AI Reckoning Is Already Here
An Uber Eats delivery cyclist in Berlin.
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal

Technology

AICybersecurityScreentime
Travel Agent RF
South_agency/E+/Getty Images
Travel Agency Platform Fora Valued at $1 Billion in New Funding
Hollywood Sci-Fi Lot Pitched as Site to Make Real Space-Age Weapons
US Stocks Tumble as TSMC Results Revive AI Spending Concerns
Apple’s M6, M7 and M8 Chips Show How AI Is Reshaping the Company
Newsletter: Power On
Apple’s M6, M7 and M8 Chips Show How AI Is Reshaping the Company
China Doesn’t Wait to See If AI Companions Can Be a Force for Good
Newsletter: Tech In Depth
China Doesn’t Wait to See If AI Companions Can Be a Force for Good

Money

The US Securities and Exchange Commission headquarters in Washington, DC.
SEC Embraces Digital Default With Electronic Delivery Plan
UK Economy Ahead Latest Consumer Price Inflation Figures
Roll Up for the Great British Closing Down Sale
Adult Happy Meals Lure Even High-Earning American Diners
Adult Happy Meals Lure Even High-Earning American Diners
Valuence CEO Shinsuke Sakimoto and ALLU Store in Tokyo
Young Japanese Who Rode AI Boom Flaunt Wealth With Luxury Buys

Politics

UKEuropeMiddle EastAsia
Shabana Mahmood
Chris J. Ratcliffe/Bloomberg
Mahmood’s Economic ‘Blank Slate’ Key to Appeal as UK Chancellor
Deadly ICE Shooting Jolts an Already Chaotic Maine Senate Race
Dario Amodei, Anthropic Employees Give Millions to Regulate AI
Maine, Texas ICE Shootings Add to GOP Midterm Pressures
Newsletter: Washington Edition
Maine, Texas ICE Shootings Add to GOP Midterm Pressures
Xi Scores a Coveted Soft-Power Win Over Trump
Newsletter: Balance of Power
Xi Scores a Coveted Soft-Power Win Over Trump

Economics

Inflation & PricesIndicatorsCentral Banks
Chile Transition Tainted By Rare Acrimony Over China Cable Plan
Cristobal Olivares/Bloomberg
Chile Senate Hands Kast a Win on Key Economic Reform Bill
Russia Sanctions Bill Sparks Fears of Broadening Trump’s Tariff Powers
The Fed’s Warsh and Bank of Korea’s Shin Ponder AI’s Impact on Inflation
The Fed’s Warsh and Bank of Korea’s Shin Ponder AI’s Impact on Inflation
Newsletter: Economics Daily
The Fed’s Warsh and Bank of Korea’s Shin Ponder AI’s Impact on Inflation
Bloomberg Surveillance: Equity Bull Case (Podcast)
Listen (31:19)
Bloomberg Surveillance: Equity Bull Case

Industries

SpaceLegalEnergyHealth
Waymo Limits Service In San Francisco After Cars Torched During L.A. Protests
Justin Sullivan/Getty Images
US Takes Aim at Autonomous Car Mishaps in Safety Rulemaking Push
Boeing Expects to Win Certification for Long-Delayed Jet Models
Kalshi Will Offer Sports-Style Betting on Drug Trial Results
The Deal: Hoyt McGarity on the State of Golf (Podcast)
Listen (31:22)
The Deal: Hoyt McGarity on the State of Golf
It’s Europe vs. SpaceX in Fight Over Satellite Networks
Newsletter: Business of Space
It’s Europe vs. SpaceX in Fight Over Satellite Networks

Green

New EnergyGreener LivingESG Investing
TOPSHOT-CANADA-ENVIRONMENT-FIRES-AIR QUALITY
Cole Burston/AFP/Getty Images
Ontario Asks Canada to Prepare Military for Wildfire Evacuations
Puzzling Methane Math Clouds Progress on Tackling Climate Threat



        
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