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Business
Apple Increases Apple Music Prices in the United States Effective July 17
Apple increased Apple Music plan prices in the United States on July 17, 2026. The company cited rising licensing costs for the adjustment affecting individual, family, and student tiers.
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San Antonio International Airport Expansion Costs Exceed $2 Billion Total
The City of San Antonio issued $946 million in bonds to fund the airport expansion project. The new third terminal includes up to 18 gates and the facility is expected to be completed by 2028.
Two Lawsuits Allege LifeMD Urged Rapid Prescriptions
Former leaders filed suits alleging LifeMD urged clinicians to see 25 patients hourly via digital forms with little screening. LifeMD denies claims but keeps status with pharmaceutical companies like Novo Nordisk.
All-America Economic Survey Shows Economic Pessimism Is Highest Since December 2023
The All-America Economic Survey finds sixty-one percent of the public is pessimistic about the economy. Forty-seven percent report cutting back on essential items, sixty percent disapprove of Trump's handling, and Democrats lead congressional preference by 4 points.
Burger King Tests Whopper Bites And Bowls in U.S.
The fast-food chain is evaluating options including Whopper Bites and protein bowls. Tom Curtis says the move prepares for demand shifts as eleven percent of adults use weight-loss drugs while analysts predict revenue losses.
US Small Business Bankruptcy Filings Increase 67 Percent in Past Quarter
Small business bankruptcy filings rose 67 percent in the past quarter from the previous year. American Bankruptcy Institute cited persistent inflation, elevated interest rates, and geopolitical instability.
119th Congress Passes GOP Tax Bill Cutting $4.5 Trillion Next Decade
The 119th Congress passed a GOP bill cutting taxes by $4.5 trillion during the next decade. Experts warn Congress is ceding power to President Trump while public dissatisfaction remains high.
Walmart Removes Four Marketside Lettuce Products Due to Cyclospora Recall
Walmart removed four bagged iceberg lettuce salad products on July 18, 2026, after Taylor Farms initiated a recall. The CDC reported 1,645 confirmed cyclospora cases in the U.S. in 2026 with 141 hospitalizations.
Netflix Shares Fall More Than 10 Percent After Revenue and Metrics Shift
Netflix reported second-quarter-2026 revenue of $12.56 billion and announced annual metrics reports in 2027. Shares fell more than 10 percent on Friday after the company forecasted revenue between $51 billion and $51.4 billion.
Honda Ends Production Of Prologue Electric SUV For U.S. Market
Honda confirmed the end of Prologue electric SUV production for the United States on July 16, 2026. Removal from the automaker's portfolio follows a market downturn after the $7,500 tax credit ended in fall 2025.
United Airlines Restores Operations After System Outage Disrupts Flight Network
United Airlines restored systems following an outage that affected flight operations. Houston Airport System confirmed the reboot, though flight delays may persist as crews realign schedules.
Department of Defense CIO Forms Task Force to Review CMMC Compliance Rules
Chief Information Officer Kirsten Davies announced a task force to review the Cybersecurity Maturity Model Certification program. The group will pause Phase 2 requirements for 60 days and report recommendations by mid-September.
SpaceX Shares Close Below IPO Price For First Time Since June Debut
SpaceX stock closed at $131.11 on Thursday, marking the first drop below the $135 initial public offering price since June. Short selling activity increased to 185 million shares while lockup expirations start after early August earnings.
Phia Extension Generated Fake Clicks to Claim Commissions on Sales
A report stated extension Phia generated fake clicks to claim commissions on sales it did not drive on July 9. Competitors suspected Phia siphoned commissions before marketing concerns surfaced about the startup cofounded by Phoebe Gates and Sophia Kianni.
Chicago Fed President Goolsbee Tours Snap-on Headquarters in Kenosha, Wisconsin
Austan Goolsbee visited Snap-on headquarters in Kenosha, Wisconsin to examine domestic production methods and customized tool strategy for professionals. The company's philosophy is to be at the point of work, observing it, and then using those insights to create a tool which will make it easier.
U.S. Gross Domestic Product Grows 2.6 Percent Outpacing European Union Increase
U.S. gross domestic product rose 2.6 percent in the first quarter of 2026 as the European Union increased 0.7 percent. Annual income growth averaged 3.3 percent in the U.S. during five years versus 2.6 percent for Europe.
Average 30-Year Mortgage Refinance Rate Stands at 6.85% in July 2026
The average 30-year mortgage refinance rate was 6.85% on July 16, 2026. Pending home sales fell 5.4% in June 2026 as Treasury yields increased.
AAA Reports Diesel Prices Exceed $5 Per Gallon in United States
AAA reports average diesel costs exceeded $5 per gallon nationally as of July 10, 2026. Gasoline prices reached nearly $4 per gallon while refineries operated at 96% capacity and inventories remained 20 million barrels above minimums.
S&P 500 Gains 0.29% After Cooler Inflation Data and Fed President Comments
S&P 500 rose 0.29% Wednesday after cooler June inflation data and comments from New York Fed President Williams. July rate hike probability dropped to 10% as investors anticipate inflation moving toward the Fed target.
U.S. FDA Approves Merck Oral Drug Lipfendra to Lower LDL Cholesterol
The U.S. Food and Drug Administration approved Merck's oral cholesterol drug Lipfendra on Thursday. The tablet reduces LDL levels by up to 60 percent and costs $315 monthly.
The Trade Desk Appoints Kristi Argyilan As New Chief Commercial Officer
Kristi Argyilan joins The Trade Desk from Uber to report to CEO Jeff Green later this month. This leadership addition follows executive departures as the firm targets growth in artificial intelligence and commerce media.
Gas Prices Rise for Houston Drivers During US Missile Strikes on Iran
Gas prices reached $3.94 per gallon as US missile strikes on Iranian forces entered a fifth day. Houston drivers experience budget impacts while average fuel spending increased by $300 monthly since the conflict began.
Eli Lilly Acquires AtaiBeckley for $2.8 Billion Cash Upfront Payment
Eli Lilly finalized a $2.8 billion cash acquisition of AtaiBeckley. The transaction includes potential milestone payments of $1 billion and expands neuroscience drug offerings with psychedelic treatments.
U.S. Coast Guard Suspends Search for Three Missing Boaters Off Alcatraz
U.S. Coast Guard suspended search for three missing boaters Wednesday after a capsizing in San Francisco Bay. One death occurred among twenty people aboard the Volare, while sixteen survivors were rescued during the operation.