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Australia’s New CGT Rules Create $500,000 Tax Trap for Retirees July 25
Australia’s new capital gains tax rules remove the 50% discount and replace it with inflation indexation, creating a $500,000 tax trap for unwary retirees and investors. The change breaks tax parity with dividend income.
FDA Panel Backs BPC-157 and Five Other Peptides for Pharmacy Compounding July 24
FDA advisory panel votes to recommend BPC-157, TB-500, KPV, MOTS-c, Epitalon and Semax for pharmacy compounding. Decision reflects RFK Jr. push to regulate peptide market but faces FDA scientist objections over safety concerns.
Wall Street Ends Volatile Week Mixed as Oil Retreats, Tariffs Loom July 25
S&P 500 flat, Nasdaq down 0.6% Friday as Brent crude drops 4% to $96, Trump tariffs hit 10-12.5%, and Fed rate hike odds jump to 30% next week.
Swiggy (NSE: SWIGGY) Stock Slides 7% as Flipkart Food Delivery Entry and Foreign Ownership Cap Rattle Investors
Swiggy stock slid as much as 7% on Friday, hitting an intraday low of ₹242.51. Two separate developments triggered today’s sharp selloff in Swiggy shares. Swiggy’s board approved capping foreign ownership at 49.5%, down from 100%. Separately, Flipkart announced plans to enter food delivery within 30 days. Swiggy shares opened at ₹259.27, down from Thursday’s…
India VIX Jumps 5.51% to 14.22 as Investors Brace for Market Swings
India VIX surged 5.51% to 14.22 in early trade on July 24, 2026, signaling rising investor unease. The Sensex tumbled 579.30 points, or 0.74%, to 75,830.10 by 9:30 AM IST. The Nifty 50 slid 167.20 points, or 0.70%, to 23,702.40, dropping below the 23,750 mark. Escalating Middle East tensions and a sharp crude oil spike…
House Votes 214-208 to End Trump’s Iran War as Oil Prices Spike
US House votes 214-208 to halt Trump’s Iran war in second rebuke. Four Republicans joined Democrats as fighting escalates and oil prices surge amid 18 US deaths.
Samsung Galaxy Z Fold 8 Launches With New Wide Design, Starts at $1,900
Samsung launches Galaxy Z Fold 8 with new 4:3 aspect ratio design at $1,900 USD, plus Z Fold 8 Ultra at $2,100. Pre-orders open July 23 in Australia with up to $1,100 in savings.
House Passes $1.15 Trillion Defense Bill With Iran War Funding, Department of War Rename
House passes $1.15 trillion NDAA with $73 billion Iran war funding, Department of Defense renamed to Department of War. Vote was 216-212. Bill heads to Senate.
Apple’s iPhone Ultra Foldable Faces Samsung’s Redesigned Z Fold 8 Lineup
Samsung unveiled Galaxy Z Fold 8 Ultra ($2,099), Z Fold 8 ($1,899), and Z Flip 8 ($1,199) on July 22. Apple’s first foldable iPhone, expected in September at $2,000–$2,500, threatens Samsung’s 40% foldable market share.