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McConnell Absent Six Weeks After Fall; GOP Demands Transparency on Health
Sen. Mitch McConnell, 84, has been absent from the Senate for six weeks after a fall. His office has released minimal details, sparking calls for transparency from GOP senators and Kentucky’s governor.

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.

1.6 Million Eggs Recalled Over Salmonella Risk Across Six States
Midwest Poultry Services recalls 1.6 million dozen eggs over potential salmonella contamination. Affected eggs sold at Kroger and Brookshire stores across six states with best-by dates through August 17.

Midwest Poultry Recalls 1.6M Dozen Eggs Over Salmonella Risk, July 24
Midwest Poultry Services recalls 1.6 million dozen eggs over potential salmonella contamination. Affected eggs sold at Kroger and Brookshire’s in six states. Check carton codes P-1950 or 0840962 for refunds.

Volkswagen Profit Falls 33% as China Competition Intensifies
Volkswagen reported a sharp drop in earnings on July 24, 2026, as tougher competition in China continued to weigh on its business. The German automaker said profit fell 33%, driven by weaker vehicle sales, intense price competition, and growing pressure from local electric vehicle (EV) manufacturers. The latest results also led Volkswagen to lower its…

S&P/NZX 50 Index Little Changed as Oil Rally Weighs on Market Sentiment
The S&P/NZX 50 Index traded down 0.4% on Friday, July 24, 2026, as surging oil prices pressured sentiment. Despite the pullback, the benchmark remains up 0.4% over the past five trading days. New Zealand’s index has gained 2.6% over the past month and 7.4% over the past year. Brent crude traded near $100.40 a barrel…

Lohia Corp IPO Day 2: GMP Falls Sharply as ₹1,101 Crore Issue Sees Tepid Demand
Lohia Corp’s ₹1,101 crore initial public offering (IPO) drew a cautious response from investors on Day 2, July 24, 2026, while its grey market premium (GMP) slipped sharply from the levels seen before the issue opened. The decline has led many investors to reassess the stock’s listing potential, even though the IPO remains open for…

Barclays Plc Trading Chief Pushes Team to Close Gap With Wall Street
Wall Street banks continue to widen their lead in global trading, increasing the pressure on European competitors. On July 24, 2026, reports said Barclays Plc’s trading chief asked staff to narrow the performance gap with major U.S. banks after another strong quarter for the industry. Higher market volatility, steady deal activity, and strong client demand…

Eggs Salmonella Recall: Over 1.5 Million Dozen Eggs Pulled Across Six States
More than 1.5 million dozen eggs have been recalled across the United States after concerns about possible Salmonella Enteritidis contamination. The voluntary recall, announced by the U.S. Food and Drug Administration (FDA) on July 22, 2026, covers eggs sold in six states through major grocery chains and food-service distributors. If you recently bought eggs, it’s…