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S&P 500 futures are little changed as traders look to recover from oil-driven sell-off: Live updates - CNBC

The three major averages are heading for weekly losses, led by the tech-heavy Nasdaq Composite.

Asian Stocks Set to Fall as Oil Surges Past $100: Markets Wrap - Bloomberg.com

A global selloff in technology stocks gained momentum as doubts over returns from billions of dollars spent on artificial intelligence were compounded by a surge in oil prices that rekindled inflation concerns.

U.S. to see higher generic drug prices thanks to tariffs, CEO of leading India pharma firm warns - CNBC

CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.

More than 1.5 million dozen egg cartons recalled over possible salmonella contamination - Fox Business

More than 1.5 million dozen shell eggs sold under multiple brands have been recalled after routine testing raised concerns about possible salmonella contamination.

An FDA Panel Just Endorsed These Unproven Peptides - WIRED

Outside experts—some with a vested interest in peptides—recommended adding a number of the amino acids to the FDA’s bulks list, including the “Wolverine stack” touted by Joe Rogan and other influencers.

SpaceX Is Turning Away Falcon Customers in Major Bet on Starship - Bloomberg.com

SpaceX has started to turn away satellite operators seeking dedicated rides to orbit aboard its staple Falcon 9 rocket beyond 2028, people familiar with the matter said, underscoring the massive bet Elon Musk is making on its unproven Starship.

Mortgage rates hit highest level in nearly a year - Fox Business

The 30-year fixed mortgage hit 6.58% this week, its highest level in nearly a year, as the conflict between the U.S. and Iran pushes oil prices higher.

Parsley and Cilantro Identified as Potential Sources of Cyclospora Outbreak in North Carolina - Consumer Reports

State officials said parsley and cilantro may be linked to rising cases in North Carolina. The FDA is also investigating a new outbreak with an unknown source.

Department of War taps Oracle for software deal worth nearly $7B - Fox Business

The agreement, which could run for up to 10 years, is projected to save taxpayers at least $441 million by consolidating Oracle software purchases across the military.

Reality Bites Elon Musk and His Tesla, SpaceX Believers - WSJ

Gallego eyes crypto bill ethics counteroffer, calling GOP proposal a ‘piece of s--t’ - Politico

“Whatever piece of s--t they sent back to us, that was not a serious effort,” said Sen. Ruben Gallego (D-Ariz.).

Why Alphabet Stock Is Falling: The 1 Key Metric Rattling Investors - Barron's

Alphabet’s second-quarter free cash flow turned negative for the first time as the Google parent ramps AI spending, leaving Wall Street divided over whether the investment will pay off.

SpaceX Starship Flight 13 launch updates: SpaceX delays Starship launch to July 24 - Space

Join us Friday, July 24, at 6:15 p.m. EDT (2215 GMT) for live coverage of Starship Flight 13.

'Magnificent 7' stocks erase $797 billion in market value in worst day since April 2025 - Yahoo Finance

The "Magnificent Seven" group of stocks suffered its steepest one-day decline since the tariff-driven market sell-off in April 2025.

Tesla Stock Is Falling After Lousy Quarter, and Wall Street Keeps Buying the Future - Barron's

Tesla missed second-quarter earnings estimates and the stock was down Thursday. Wall Street remains firmly focused on the future, though.

U.S. health officials investigate new outbreak of parasite cyclospora - PBS

The Food and Drug Administration has not yet identified which products are linked to the illnesses.

The Bond Market Has a Clear Warning for Investors as Iran War Rages On - Barron's

Wall Street is eyeing the bond market’s long summer slump as oil prices soar and debt levels escalate.

IBM CEO addresses Wall Street tech panic after delayed enterprise software deals surge back - Fox Business

IBM CEO Arvind Krishna says one-third of delayed enterprise software deals have already returned, signaling that the company's second-quarter slowdown was temporary.

EU’s Google fine risks triggering Trump as he gears up for more tariffs - politico.eu

The fine against the U.S. tech giant lands just as Washington prepares new duties that could put last year’s fragile trade truce to the test.

ChatGPT medical advice brought man 'to brink of death', lawsuit alleges - BBC

An American man sues OpenAI and its founder Sam Altman, claiming the popular chatbot "repeatedly misdiagnosed" him.

Odds of Federal Reserve rate hike surge as oil prices rip higher - CNBC

Investors are increasingly readying for the Federal Reserve to hike interest rates in September.

As Honda CR-V leads U.S. sales, automaker teases new American-built pickup truck - CNBC

The future of the Ridgeline midsize pickup truck had been in flux, and the automaker said there will be a temporary production stoppage for the truck.

House Lawmakers Introduce Bipartisan AI ‘Kill Switch’ Bill Following OpenAI Cyber Incident - WSJ

Eli Lilly’s Anticipated Weight Loss Drug Helped People Lose 56 Pounds On Average - Forbes

Eli Lilly will seek regulatory approval for retatrutide, a powerful weight loss drug that a new study shows helped people lose nearly 56 pounds on average.

Traders see September rate hike as European Central Bank mulls energy price spike - CNBC

ECB president Christine Lagarde said the bank anticipates inflation to remain "well above target" until the first half of 2027.

US filings for unemployment aid fall to 187,000 last week, fewest since 1969 - AP News

U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic uncertainty. The number of Americans applying for unemployment benefits in the week ending July 18 declined by 2…