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Ex-Epoch Times CFO pleads guilty in $67M multinational money laundering scheme4:05 The former chief financial officer of The Epoch Times, a conservative multinational media company, interrupted jury selection at his money laundering trial to plead guilty to conspiracy IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI1:58 The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war Wall Street banks are sky-high about SpaceX, but investors remain cautious1:58 Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound Congressional committee on China asks Wizards and Capitals owner to cut ties with Alibaba1:58 The owner of Washington’s NBA and NHL teams received a letter from the chair of the House Select Committee on China asking him to cut ties with Alibaba, the Chinese tech giant that has gone to court to dispute the Pentagon’s designation of the corporat... Canada's Carney defends his visit to Saudi Arabia and slams criticism from afar0:54 Canadian Prime Minister Mark Carney is defending his decision to visit Saudi Arabia despite its poor human rights record LA uses World Cup to show off upgraded public transit and test plans to hold car-free Olympics22:16 Los Angeles officials have urged fans to chose public transit over driving during the 2026 FIFA World Cup Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs19:04 The average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers New York sues 3M, DuPont and other companies over so-called forever chemicals19:04 New York’s attorney general is suing several large chemical and agricultural companies, alleging they knowingly sold harmful so-called forever chemicals used in cosmetics, non-stick cookware and other products US home prices hit an all-time high as sales slow and mortgage rates rise16:24 Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges US jobless claims dip modestly to 215,000 last week15:19 The number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low China’s passenger car exports are up 80% in June as EV demand grows13:12 China has reported its exports of passenger cars surged 80% in June from a year earlier, while domestic sales sank 26%, according to an industry group World shares are mixed and oil prices slip after Iran and US launch fresh attacks12:40 World shares are mixed and oil prices have slipped after conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks Ukrainian drones batter Russian oil facilities and set more oil tankers ablaze12:40 Ukrainian drones have hit more Russian oil facilities and set two oil tankers ablaze in the Sea of Azov, a day after U.S. President Donald Trump pledged to grant Ukraine a license to manufacture the Patriot air defense systems Meta plans billions for first AI data center in Canada, largest outside the US7:21 Facebook and Instagram parent Meta said Wednesday it will invest more than 13 billion Canadian dollars ($9.1 billion) to build its first artificial intelligence data center in Canada and its largest outside the United States |