Singapore-based video generation startup PixVerse has closed a 439 million dollar Series C extension, with investors including Alibaba betting on its AI-powered content creation tools and world models.
The federal government has refunded 81 billion dollars in tariffs after the Supreme Court ruled Trump's IEEPA tariffs unconstitutional, widening the budget deficit as the administration prepares new trade measures.
Cardinals slugger Jordan Walker became the first St. Louis player to win the Home Run Derby, hitting four straight homers on do-or-die swings to defeat Kyle Schwarber 12-11 in a dramatic finale at Citizens Bank Park.
In a stunning reversal from their 2024 partnership, Apple has filed a federal lawsuit accusing OpenAI of systematically stealing secrets through former employees to develop rival hardware, naming the AI company's chief hardware officer as a defendant.
A wave of price hikes from Microsoft, Apple, Netflix, and Nintendo is making at-home entertainment as expensive as going out, leaving consumers with fewer affordable leisure options as funflation spreads beyond concerts and travel.
The 2026 Home Run Derby returns to a swing-based format as baseball's biggest power hitters compete at Citizens Bank Park, with hometown Phillies stars Harper and Schwarber facing off against rising talents like Junior Caminero and Ben Rice.
Eli Lilly has committed approximately 25 billion dollars across ten acquisitions in the first half of 2026, accounting for more than half of Big Pharma's combined deal spending as it reinvests GLP-1 profits.
Federal Reserve Governor Christopher Waller signals a fundamental shift in Fed priorities, stating that inflation now poses a greater threat than labor market weakness as the July FOMC meeting approaches.