Ibex sells $1.5 billion stake in Pepkor as restructuring continues

Investors are keeping a close eye on the markets as S&P 500 futures dip slightly, signaling cautious trading ahead. The focus is split between corporate earnings reports and the Federal Reserve’s next moves, with economist Karen Bessent pushing for a review of the Fed’s policies. Meanwhile, the White House hints at more tariff announcements before August 1, adding another layer of uncertainty.

If you've noticed your grocery bill climbing lately, beef is a big reason why. Prices are hitting all-time highs, and industry analysts don't see relief coming soon—whether you're buying ground beef or premium cuts, expect to pay more.

The Trump administration is pushing back against a recent court order that would reinstate FTC Commissioner Rebecca Slaughter, filing an appeal to block it. Essentially, they're trying to keep her from returning to her role, though the legal reasoning behind their move isn't fully detailed here.

After 15 years of financial hurdles, the UK government has finally secured a £38 billion deal with private investors—including energy giants EDF and Centrica—to build the Sizewell C nuclear power plant. This marks the country’s largest nuclear project in decades, aiming to boost energy security and cut carbon emissions.

General Motors (G.M.) just reported lower profits, and a big reason is the hefty $1 billion bill they got stuck with due to tariffs. Basically, trade policies—likely those tied to ongoing global tensions—are eating into their bottom line, even though sales and operations aren’t collapsing.