Volkswagen examines sale of Audi's 8.33% stake in FC Bayern München and reviews Porsche's VfB Stuttgart stake in austerity drive ahead of July 9 board vote on plan to cut 100,000 jobs

Bank of EnglandBailey says rate cuts are off the table at the moment, signaling a hold on monetary easing amid persistent inflation concerns.

Bailey: Rate cuts off the table at the moment.

Treasury announces Trump account contributions to be invested in SPY, IVV, VTI, SPTM and ITOT ETFs as stock market frequently hits new highs

Treasury announces contributions to Trump accounts will be invested in SPY, IVV, VTI, SPTM and ITOT ETFs as the stock market frequently hits new highs.

SoftBank in talks for $10 billion margin loan backed by OpenAI stake after earlier efforts stalled. Goldman Sachs, JPMorgan, and Mizuho expected to join lending consortium, Reuters reports.

SoftBank is in talks to secure a $10 billion margin loan backed by its OpenAI stake after earlier financing efforts stalled due to limited lender support. Goldman Sachs, JPMorgan, and Mizuho are expected to join the lending consortium, according to Reuters.

Fed Chair Kevin Warsh says inflation risks have eased in recent weeks, boosting confidence in a return to the 2% target; short-term Treasury yields fell as he described the U.S. economy as resilient.

Fed Chair Kevin Warsh said inflation risks have eased in recent weeks, strengthening confidence in a return to the 2% target. Short-term Treasury yields fell as Warsh described the U.S. economy as resilient.