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Saudi Arabia Economy Contracts 4.8% in Q2, Worst Since COVID, as Oil Revenue Plunges

New Delhi, July 31 -- RIYADH - Saudi Arabia's economy contracted 4.8 percent in the second quarter of 2026, its steepest annual decline since the COVID-19 pandemic, as the near-shutdown of shipping th... Read More


Las Vegas Sands Q2 Earnings Miss as Macau VIP Hold Collapses, Board Launches $6B Buyback

LAS VEGAS, July 30 -- The $87 million question on Wednesday belonged to Patrick Dumont. His company's quarterly earnings landed nearly 25% below what Wall Street had expected. Within hours, the board ... Read More


New York Sports Betting Took $2.26 Billion in June. The Knicks Kept Most of It.

New Delhi, July 30 -- The week the New York Knicks ended a 52-year title drought, the city's sportsbooks were losing money faster than at any point in the mobile era. a $2.26 billion handle, the most... Read More


Boyd Gaming Q2 Profit Squeezed as Las Vegas Locals Weaken and Online Margins Collapse

LAS VEGAS, July 30 -- In the second quarter, Boyd Gaming's customers in the Midwest came to gamble. Its customers in Las Vegas did not. That geographic divergence, with regional gamblers staying loca... Read More


Florida Wins $803 Million Mega Millions Jackpot, the Largest Lottery Prize of 2026

BRADENTON, July 30 -- At some point on Tuesday evening, a customer at a Wawa convenience store on State Road 70 East took a Quick Pick lottery ticket and walked out. Whoever that person is, they are n... Read More


NextEra and Brookfield Plan $100 Billion AI Data Center Campus on Kentucky DOE Site

New Delhi, July 30 -- JUNO BEACH, Fla. - The standard objection to large AI data centers in small communities is that the power they consume gets billed to households that did not commission them. Nex... Read More


Grant Thornton Advisors Agrees to Acquire CBIZ Inc. for $5 Billion in All-Cash Deal

CHICAGO, July 30 -- For the 9,500 professionals at CBIZ Inc. CBZ, Wednesday's announcement arrived with the kind of finality a $55-per-share all-cash offer does not soften. Grant Thornton Advisors agr... Read More


Three Fed Officials Put a Rate Hike in Writing. The Majority Held - For Now.

WASHINGTON, July 30 -- Three Federal Reserve officials on Tuesday did something that happens rarely enough to move the bond market when it does: they put their names, formally, into the committee reco... Read More


Deutsche Bank Posts Record Q2 Profit as Investment Banking Revival Takes Hold

FRANKFURT, July 30 -- The bank that European regulators were quietly stress-testing for collapse a decade ago reported its best-ever second-quarter profit on Tuesday, a result that says as much about ... Read More


Mercedes-Benz Vows to Fight US Market Ban as Senate Bill Targets Its Chinese Investors

New Delhi, July 30 -- keep two Chinese investors holding nearly a fifth of the company's shares, and American showrooms may no longer be an option. The German luxury maker is not walking away. Legisl... Read More