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Miami-Dade Schools Close 9 Campuses as Villalobos Takes Helm July 29
Miami-Dade County Public Schools closes nine schools and consolidates others starting August 13. New Superintendent Rafael Villalobos takes over amid enrollment and budget challenges.
Trump’s Approval Hits 32% as Voters Reject Iran War and Economic Handling
Trump’s approval rating hits 32% in Quinnipiac poll, his lowest ever. Voters reject his Iran war strategy and economic policies. Republicans show declining enthusiasm for midterms.
Dow Jones Drops 2.19% After Fed Holds Rates Steady on July 30
Dow Jones fell 2.19% to 1,153 points on July 29 after the Federal Reserve held rates steady and inflation stayed above target. Three Fed officials dissented, signaling potential September hike.
Kmart Overhauls 40 Australian Stores With New Layout, Moves Checkouts to Front
Kmart launches major store overhaul across 40 Australian locations with new ‘Plan C+’ format, moving checkouts to front and expanding key departments by June 2027.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
Agentic AI Powers OCBC’s Faster Wealth Client Onboarding With HELIOS Platform
On July 29, 2026, OCBC introduced HELIOS, an agentic AI platform built to speed up wealth client onboarding while maintaining strict compliance standards. The bank says the platform can complete onboarding in as little as 15 business days, much faster than the industry average of about six weeks. As competition for high-net-worth clients increases, private…
Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…