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Social Security Faces 22% Automatic Cut in 2033 Without Congressional Action
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Social Security Faces 22% Automatic Cut in 2033 Without Congressional Action

Social Security’s retirement trust fund runs dry in late 2032, forcing automatic 22% benefit cuts affecting 70 million Americans. A new bipartisan bill seeks to prevent the cuts.

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Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges
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Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges

Australia’s daily smoking rate fell to 5.6% in 2025, beating the 10% target, but 34% of smokers now buy illicit tobacco. The government bans nicotine pouches from July 24.

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Canadian Wildfire Smoke Blankets US Through Saturday; Air Quality Hazardous
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Canadian Wildfire Smoke Blankets US Through Saturday; Air Quality Hazardous

Canadian wildfire smoke creates hazardous air quality across 20+ US states. Chicago, Detroit, and Pittsburgh hit worst levels. Smoke clears Saturday as storms push pollution out.

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Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems
📅 1 hour ago

Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems

Moonshot AI’s Kimi K3 model with 2.8 trillion parameters rivals Anthropic’s Fable 5 and OpenAI’s GPT 5.5, marking a major shift in the US-China AI race and triggering sharp selloffs in tech stocks.

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New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE
📅 3 hours ago

New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE

New World Development rebrands Kwun Tong mall from Scramble Hill to The ANGLE. The 50-million-square-foot complex now emphasizes anime, dining, and pet-friendly spaces.

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Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
📅 3 hours ago

Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets

On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…

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NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval
📅 7 hours ago

NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval

On 12 August 2026, the National Stock Exchange (NSE) will begin trading futures and options on the Nifty India FPI 150 Index after receiving approval from the Securities and Exchange Board of India (SEBI). The new contracts give investors another way to hedge market exposure and trade stocks with strong foreign portfolio investor (FPI) ownership….

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Jio IPO: Reliance’s ₹30,000 Crore Public Offer Marketing Set to Begin Next Week After Q1 Results
📅 8 hours ago

Jio IPO: Reliance’s ₹30,000 Crore Public Offer Marketing Set to Begin Next Week After Q1 Results

The Jio IPO marketing push is set to begin next week after Reliance’s Q1 results. Meanwhile, Reliance Industries reports its June-quarter earnings today, Friday, July 17, 2026. Earlier, Jio Platforms filed its draft prospectus with SEBI on June 19, 2026. According to analysts, the offering could raise between ₹30,000 crore and ₹52,000 crore. As a…

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Netflix Stock Falls 9% After Hours Despite Record $12.6 Billion Q2 Revenue
📅 8 hours ago

Netflix Stock Falls 9% After Hours Despite Record $12.6 Billion Q2 Revenue

Netflix stock fell 9% after hours Thursday despite posting record quarterly revenue. Netflix reported Q2 2026 revenue of $12.56 billion, up 13.4% year-over-year. That figure narrowly missed Wall Street’s consensus estimate of $12.58 billion. Earnings per share came in at $0.80, edging past the $0.79 forecast.  Netflix stock closed the regular session at $74.35, up…

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