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North America
Yahoo Finance

S&P 500, Dow, Nasdaq Futures Climb As US, Iran Reportedly Agree To Pause Further Escalation: SLS, WEN, MSTR, WDC Stocks In Focus

U.S. stock futures edged higher in the overnight session on Sunday, following reports that the U.S. and Iran have agreed to pause the exchange of strikes that escalated over the weekend and plan to meet Tuesday in Qatar to resume talks. Fresh tensions broke out between the two nations after Tehran assumed responsibility for some attacks on commercial ships in the Strait of Hormuz on Thursday. S&P 500 futures gained 0.45%, Dow futures were up 0.22%, and the Nasdaq 100 futures climbed 0.43% at 9:08 PM EDT. The iShares 20+ Year Treasury Bond ETF (TLT) was trading down 0.15% amid ‘bullish’ sentiment. U.S. stock markets had a mixed week ending Friday as investors rotated out of technology stocks and into other industries. The Dow Jones Industrial Average, which is less exposed to tech, climbed about 0.62% at the end of the week. Meanwhile, the S&P 500 and Nasdaq indexes shed 1.95% and 4.48%, respectively. On Friday, all three benchmark indexes closed lower. The Dow shed about 60 points to close 0.09% down, the S&P 500 declined 0.05%, and the Nasdaq was also 0.24% lower at close. Geopolitical tensions are back at the forefront after the U.S. and Iran exchanged fresh fire last week, reigniting fears of renewed tensions in the Strait of Hormuz and constrained energy supplies. The conflict intensified since Thursday when Iran targeted a container ship, an oil vessel carrying Qatari crude, and military bases in Kuwait and Bahrain, triggering multiple U.S. retaliatory attacks. “United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN! It is very possible that they will never learn!” U.S. President Donald Trump said in a Truth Social post late Saturday. “There may come a point when we are no longer able to be reasonable, and will be forced to militarily complete the job that we very successfully started. If that happens, the Islamic Republic of Iran will no longer exist!” he added. The comments come just about 10 days after the two countries signed a ceasefire in Switzerland to end the conflict that has stretched on since the end of February. Meanwhile, according to an Axios report from Sunday, Washington and Tehran have agreed to halt attacks and will meet on Tuesday in Qatar's capital to renegotiate terms following the dispute.

S&P 500, Dow, Nasdaq Futures Climb As US, Iran Reportedly Agree To Pause Further Escalation: SLS, WEN, MSTR, WDC Stocks In Focus
Asia
The Economic Times

Midcap bets! InCred picks 6 stocks with up to 54% upside potential. See full list

Amid a volatile 2026 marked by persistent FII selling and inflation concerns due to the West Asia crisis, InCred Equities sees selective opportunities emerging within the midcap space. In a recent report, the brokerage shortlisted 6 stocks across multiple sectors that it believes offer attractive value and the potential to deliver returns of up to 54%. Here’s the full list: InCred Equities has a target price of Rs 17,350 on APAR Industries, implying an upside of 23% from its current market price of Rs 14,070. InCred Equities has assigned a target price of Rs 705 to Container Corporation of India, indicating a potential upside of 54% over its current market price of Rs 457. Tenneco Clean Air India has a target price of Rs 686, suggesting an upside of 17% from its current market price of Rs 584, according to InCred Equities. InCred Equities has set a target price of Rs 1,450 for Home First Finance Company India, implying a potential upside of 21% from its current market price of Rs 1,202. Diamond Power Infrastructure has a target price of Rs 300, which translates into an upside of 25% over its current market price of Rs 239, according to InCred Equities. InCred Equities has a target price of Rs 1,650 on Aavas Financiers, indicating a potential upside of 9.6% from its current market price of Rs 1,505.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Midcap bets! InCred picks 6 stocks with up to 54% upside potential. See full list
Europe
BBC Business

Trump made more than $1bn from crypto in first year back in office

Image source, ReutersImage caption, US President Donald Trump has been involved business dealings. US President Donald Trump made more than $1bn (£750m) last year from business dealings in cryptocurrency, according to his mandatory financial report for 2025. In a 927-page disclosure, he reported $635m in royalties from a Trump meme coin that has plunged in value since he launched it days before taking office. He also reported over $500m in income from World Liberty Financial, a cryptocurrency firm founded by his own sons and the children of his special envoy, Steve Witkoff. He earned millions more from real estate and Trump-themed items. But the White House denied he was profiting from the presidency. The earnings from his latest financial disclosure far outpace the previous ones for 2024, when Trump disclosed over $600m in income. But the White House, which has repeatedly emphasised that Trump has placed his business in a trust managed by his sons, again denied any conflict of interest. White House deputy press secretary Anna Kelly said the president had proudly made the US "the crypto capital of the world". "Neither the President nor his family has ever engaged - or will ever engage - in conflicts of interest," she said in a statement. She added: "All actions by President Trump and his administration are taken in the best interest of the American people – and any so-called 'reporters' pushing otherwise are recycling the same, tired, false narrative that Democrats and the legacy media have been pushing for a decade." The president himself has also highlighted that he is not subject to federal conflict of interest laws. Trump once criticised cryptocurrency, famously calling Bitcoin a "scam" and a "disaster waiting to happen".

Trump made more than $1bn from crypto in first year back in office
North America
CNBC Finance

Medicare will start covering obesity drugs for the first time. Here's what patients should know

Millions of older Americans in Medicare are about to receive a benefit that has never existed before: coverage of obesity drugs. Starting Wednesday, eligible beneficiaries can get GLP-1s to treat obesity for a copay of just $50 per month. It's a watershed move that could unlock a vast new patient population for Novo Nordisk and Eli Lilly and dramatically expand access to medications that were previously out of reach for many people ages 65 and above. Medicare Part D, or prescription drug plans, already cover some GLP-1s for conditions like diabetes and cardiovascular disease, but federal law has banned coverage solely for obesity. Medicare's new Bridge demonstration program sidesteps that law to cover the drugs for obesity – at least temporarily – for more beneficiaries, including those who are overweight with conditions like prediabetes or uncontrolled hypertension. There were more than 69 million beneficiaries in Medicare as of about a week ago, and "several million" are expected to access the drugs through the Bridge program, said Chris Klomp, director of Medicare and deputy administrator of the Centers for Medicare and Medicaid Services, during the Aspen Ideas Festival last week. There are also many more patients to capture: Roughly 15 million to 20 million older adults in Medicare are estimated to qualify for weight loss drugs, according to Novo and Lilly. But the initial rollout may not be smooth. Providers must submit prior authorization requests to attest that patients meet eligibility requirements, a process some physicians said may be cumbersome. Some doctors also worry the new coverage could spark a surge in demand that will strain busy clinics and pharmacies, and others raised concerns about a lack of broader public awareness of the program. There's also a larger question hanging over the Medicare breakthrough: Unless the Trump administration extends or replaces the demonstration program, obesity drug coverage is scheduled to expire at the end of 2027. Covering the drugs permanently would require a change in federal law or at least agreement among private health insurers to provide the medications in Part D plans. That creates uncertainty for patients who may begin treatments that many experts view as lifelong therapies. "It's good news that Medicare is rolling out this program, but it is temporary, so it's really not clear at this point what happens after the end of the 18-month program duration," said Juliette Cubanski, director of the Program on Medicare Policy at KFF, a health policy research organization. "Whether that coverage will continue in some other fashion, or whether people might lose access at that point." The $50 monthly copay is significantly less than what patients without any insurance coverage for obesity drugs typically pay. That price also applies to all doses rather than increasing with a larger dosage, as it does for people paying out of pocket. Lilly and Novo have both rolled out sweeping cash discounts for their respective drugs for patients willing to pay out of pocket, but those prices can still be unaffordable for some people. Novo's Wegovy injections range in price from $199 for a lower dose for the first two months under a limited-time offer, to $399 for the newly launched highest dosage. The KwikPen and single-dose vial formulations of Lilly's Zepbound cost from $299 to $699 per month, depending on the dose. At the highest dosages, Novo's daily Wegovy pill costs $299, while Lilly's rival Foundayo tops out at $349.

Medicare will start covering obesity drugs for the first time. Here's what patients should know
North America
CNBC Economy

Do you really, really love your job? Then you're not alone, according to surprising results from this survey

Don't believe the negative hype: At a time when consumer sentiment is near record lows, shift workers' attitudes towards their jobs has actually gotten better over the past year, according to a survey released Tuesday. Deputy, a global firm that helps small businesses with schedule, human resources and affiliated services, said its annual survey showed a slight uptick in employees who feel good about their jobs and a significant downturn in those unhappy with their jobs. Those surveyed showed a 78.9% rate of workers who "reported feeling positive at the end of their shifts," up nearly half a percentage point from last year. At the same time, those feeling unhappy dropped to 5.9%, down from 6.6% and the lowest reading in the survey's four-year history. Multiple surveys, from groups such as the University of Michigan, the Federal Reserve Bank of New York and the Conference Board, show anxiety about household finances and insecurity about finding work and maintaining employment. But the responses also come amid demographic changes in the shift-based workforce, with Gen Z, or those born between 1997 and 2012, making up the biggest sector within the group. "This result comes at a time of significant workforce change," said Silvija Martincevic, CEO at Deputy. "This shift matters because workers at different stages of life report very different experiences at work, making this generational transition an important part of the story behind this year's results." Parsing out the results by category, the theoretically happiest place to clock an eight-hour shift is as a casino worker in Rhode Island. Gambling led the subsector rankings with a 100% positive rating among respondents. Rhode Island also boasted a perfect score, which the survey narrative attributed to "tight labor markets and robust hospitality and tourism industries, both of which perform well on a national scale." The popularity of gaming "likely stems from a vibrant customer-facing atmosphere paired with the benefits of tips and collaborative team structures." More broadly, hospitality had the highest ranking, with an 82.98% positive rating, with retail close behind at 82.62%. Of the four main categories, healthcare had the lowest positive rating, at 72.89%, the second year in a row for an industry that has led the nation in job creation. Other sub-sectors that scored high positive ratings were firearms stores (89.53%), cafes and coffee shops (89.50%) and accommodation (84.09%). At the bottom of the 10 groups were fast food and cashier restaurants (80.30%) and in-home care (73.14%). The cafe and coffee shop group scored the highest share of "amazing" responses, at 72.64%.

Do you really, really love your job? Then you're not alone, according to surprising results from this survey
Asia
The Hindu BusinessLine

Ryan Group of Institutions Launches Golden Jubilee Celebrations with Spectacular The Mumbai Revue at NMACC

MUMBAI, India , July 11, 2026 /PRNewswire/ -- Ryan Group of Institutions marked the beginning of its Golden Jubilee celebrations with the grand staging of The Mumbai Revue, an original musical production at the prestigious Studio Theatre, Nita Mukesh Ambani Cultural Centre (NMACC), Mumbai, on 7 July 2026. Presented as the opening event commemorating 50 years of educational excellence, the production brought together exceptionally talented students from Ryan campuses across Mumbai in a vibrant celebration of music, theatre and storytelling. More than a performance, The Mumbai Revue was the culmination of an intensive four-day Performance Lab, where students underwent professional musical theatre training under the guidance of internationally trained multidisciplinary artist and director Tiara Oberoi. In the days leading up to the production, 28 Ryan students participated in the immersive Performance Lab, a four-day musical theatre intensive designed to introduce young performers to the discipline, rigour and standards of professional theatre. The programme focused on acting, vocal performance, movement, stagecraft, audition techniques and ensemble rehearsals, equipping students with skills that extended far beyond the stage. The training culminated in the live staging of The Mumbai Revue, marking the directorial debut of Tiara Oberoi, with live musical accompaniment by pianist Anaya Grace . The students opened the evening with a spirited rendition of "Any Dream Will Do," setting the tone for an engaging musical journey that featured eight songs seamlessly woven into the production. Under Tiara's creative direction, the young performers delivered a polished and emotionally engaging showcase with dynamic choreography, powerful vocals and compelling storytelling. Under Tiara's creative direction, the students delivered a polished and emotionally engaging performance featuring dynamic choreography, powerful vocals and compelling storytelling. The packed auditorium responded with enthusiastic applause and standing ovations, recognising the remarkable confidence, discipline and professionalism displayed by the young performers. The production set a new benchmark for performing arts education within schools while reaffirming Ryan Group's commitment to nurturing talent through world-class learning experiences. A highlight of the evening was Tiara Oberoi's moving solo rendition of She Used to Be Mine from the Broadway musical Waitress, accompanied live by pianist Anaya Grace . The performance captivated the audience and reflected the artistic excellence that defined The Mumbai Revue. Through her international expertise and creative mentorship, Tiara inspired students to perform with confidence, discipline and passion, making the production a truly memorable celebration of young talent. For five decades, the Ryan Group of Institutions has remained committed to providing students with opportunities that extend beyond the classroom, encouraging excellence in academics, sports, leadership and the performing arts. As the Group embarks on its Golden Jubilee year, The Mumbai Revue stands as a powerful reflection of its enduring philosophy of holistic education—where creativity, collaboration and confidence are nurtured alongside academic achievement. The production celebrated not only Ryan Group's remarkable legacy but also its vision for the future—one where students are empowered with global exposure, meaningful artistic experiences and the confidence to thrive as compassionate, future-ready global citizens. Celebrating 50 years of educational excellence, the Ryan Group of Institutions is one of India's leading K–12 education networks, with over 150 schools across India and abroad. Renowned for its holistic approach to education, the Group integrates academics with sports, performing arts, leadership, innovation and community service, empowering students to become confident, compassionate and future-ready global citizens. “This is a company press release that is not part of editorial content. No journalist of The Hindubusinessline was involved in the publication of this release.”

Ryan Group of Institutions Launches Golden Jubilee Celebrations with Spectacular The Mumbai Revue at NMACC
Asia
The Hindu BusinessLine

Nifty and Nifty Bank Prediction for the week 13-Jul’26 to 17 Jul’26 by BL GURU

The inverted head and shoulder pattern on the #Nifty that we had indicated last week has gone wrong. However, the strong bounce towards the end of the week keeps the broader picture positive. So, there is not major change in our overall bullish view on the Nifty. All that is it is taking slightly a much longer time for our bullish view to happen. Nifty Bank index is likely to make a bullish breakout above 58,900 and rise to 60,500-61,500. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

Nifty and Nifty Bank Prediction for the week 13-Jul’26 to 17 Jul’26 by BL GURU
Asia
The Hindu BusinessLine

15 people, including Indian tourists, feared dead in Vietnam boat capsize incident: local media

Ambulances line up on a pier to help victims of a boating accident after a tourist vessel capsized off Phu Quoc Island in southern Vietnam's An Giang Province on July 11, 2026. At least 15 people were killed when a tourist boat capsized off an island in Vietnam's south, state media reported on July 11 Fifteen people, including Indian tourists, are feared dead in a boat capsize incident near Vietnam's Phu Quoc Island on Saturday, according to a local media report. According to Vietnamese news portal VN Express International, the speedboat was carrying 32 Indian tourists and four crew members from Hon May Rut to An Thoi Port when it capsized about 400 metres off Hon May Rut Ngoai, throwing everyone on board into the sea. Citing initial information from authorities in the Phu Quoc Special Economic Zone, the news portal said nearby tourist boats rushed to assist before border guards, the navy, the coast guard and other forces joined the search-and-rescue operation. Earlier, the Indian Embassy in Hanoi said that it set up control rooms as search and rescue operations would continue. "In a tragic incident, a boat carrying several Indian tourists has capsized near Phu Quoc Island in Vietnam," the embassy said in a post on X. It said control rooms have been established at the Consulate General of India in Ho Chi Minh City and at the Embassy in Hanoi to provide information and assistance. The first control room can be reached at: +84 36 281 7930, +84 91 552 37 14 and +84 33 452 0414. The other one in Hanoi can be reached at: +84 91 308 9165. They are available for any assistance and queries, the Indian mission said. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

15 people, including Indian tourists, feared dead in Vietnam boat capsize incident: local media
Asia
The Hindu BusinessLine

Reliance Anil Ambani Group money laundering case: ED attaches fresh assets worth over ₹1,000 cr

The Enforcement Directorate (ED) on Saturday said it has issued a fresh order to attach assets worth ₹1,021 crore as part of a money laundering investigation against the Reliance Anil Ambani Group. The provisional order, issued under the Prevention of Money Laundering Act (PMLA), attaches equity shares of Reliance Power held by Reliance Infrastructure and certain loan amount receivable from Sasan Power and Reliance Power, the agency said in a statement. According to the ED, the probe found that public funds worth ₹15,548 crore raised by RHFL and RCFL were "systematically diverted" through a web of "shell" (dummy) and group companies controlled and managed by the Reliance Anil Ambani Group. The ED is investigating multiple cases against the Group in connection with four FIRs filed under the anti-money laundering law, and three under provisions of the Foreign Exchange Management Act (FEMA). With the latest order, the total value of properties attached in this case has reached at ₹20,367 crore, with the ED filing four chargesheets and arresting eight persons so far. Additionally, properties worth ₹77.86 crore have been attached under the FEMA, according to the ED. Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

Reliance Anil Ambani Group money laundering case: ED attaches fresh assets worth over ₹1,000 cr