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Consumer DefensivePackaged Foods
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MTY Food Group to Close 45-50 Papa Murphy’s Stores by Year End
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MTY Food Group to Close 45-50 Papa Murphy’s Stores by Year End

MTY Food Group plans to close 45-50 Papa Murphy’s stores by year-end amid competitive pressures. Parent company shuttering 68 underperforming locations that lost $10M+ annually.

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Hegseth Orders Annual Testosterone Screening for Troops Over 30
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Hegseth Orders Annual Testosterone Screening for Troops Over 30

Defense Secretary Pete Hegseth announced mandatory annual testosterone screening for military service members over 30, effective immediately, with voluntary hormone replacement therapy offered to those with deficiencies.

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SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%
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SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%

The SBI Funds Management IPO entered its third and final day of bidding on July 16, 2026, with strong interest from both retail and institutional investors. As the issue moves toward closing, investors are closely watching the latest subscription figures, Grey Market Premium (GMP), and the allotment schedule. Meanwhile, State Bank of India (SBI) shares…

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Trump’s Approval Rating Sinks to 37%, Driven Down by Iran War
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Trump’s Approval Rating Sinks to 37%, Driven Down by Iran War

Trump’s approval rating drops to 37% in latest polls, driven by the Iran war and economic concerns. Multiple surveys show net-negative ratings as midterms approach.

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South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
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South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny

South Korea’s ETFs tracking single stocks are facing a fresh regulatory crackdown. Financial Services Commission Chairman Lee Eog-weon confirmed Thursday, July 16, 2026, that new measures on leveraged ETFs are coming soon. The announcement follows weeks of market turmoil tied to products built around Samsung Electronics and SK Hynix, Korea’s two largest chipmakers. President Lee…

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Jack Smith’s Team Obtained Texts From 44 Congress Members, Grassley Says
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Jack Smith’s Team Obtained Texts From 44 Congress Members, Grassley Says

Former special counsel Jack Smith’s team obtained text messages from 44 Congress members during Trump investigation, bypassing DOJ filter protocols, Senate Judiciary Chair Grassley revealed July 14.

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Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
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Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade

The Hormuz crisis intensified on July 16, 2026, after the United States launched airstrikes in northern Iran and disabled a vessel while enforcing the Strait of Hormuz blockade. The latest military action has increased concerns about a wider regional conflict and possible disruptions to global energy supplies. With nearly one-fifth of the world’s oil moving…

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Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%
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Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%

Wipro stock and Tech Mahindra shares moved higher ahead of their Q1 results on July 16, 2026. Wipro stock gained 1.61%, while Tech Mahindra rose 1.83% in early trade. Both IT majors report earnings for the April-June 2026 quarter today. Wipro’s board meets after market hours, with Tech Mahindra following at 5:30 PM IST. Investors…

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Canada Gas Prices Jump 5-10 Cents as Middle East Crisis Pushes Brent Above $87
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Canada Gas Prices Jump 5-10 Cents as Middle East Crisis Pushes Brent Above $87

Canadian gas prices rose 5-10 cents per litre on July 15 amid Middle East conflict and supply fears. Brent crude hit $87, with analysts warning of worse to come in late July and early August.

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