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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.
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…
American Airlines Technology Outage Triggers Flight Delays at Miami and Fort Lauderdale
American Airlines grounded flights nationwide Tuesday evening, July 28, 2026, after a technology issue disrupted its operational systems. The FAA issued an advisory holding all American Airlines flights not already airborne. Miami International and Fort Lauderdale-Hollywood International airports bore the brunt of the disruption. American Airlines confirmed the ground stop on social media, saying its…
Nathan Cleary Set to Sign with Penrith Before November 1 Deadline
Penrith Panthers halfback Nathan Cleary is expected to sign a new contract before November 1, 2026, with the club very confident of retaining their star co-captain and Wally Lewis Medallist.
Angus Taylor Named in ICAC Corruption Probe Over $15K Reformers Donation
Angus Taylor named in ICAC corruption probe over alleged $15K donation to NSW Liberal Reformers faction. Text messages shown at inquiry reference ‘shakedown’ for funds. Taylor not accused of wrongdoing.
FTSE 100 Rises 0.22% as Markets Recover From Chip Sell-Off, Middle East Risks Persist
On July 28, 2026, the FTSE 100 advanced 0.22%, bouncing back after a sharp global sell-off in semiconductor stocks unsettled investors earlier in the week. Strong corporate earnings and bargain buying helped support the UK’s benchmark index, while tensions in the Middle East continued to keep traders cautious. Investors are weighing encouraging company results against…
10Y Treasury ~4.62% as Oil Slides; Yield Curve Holds Positive Slope (30Y ~5.11%)
The 10-year Treasury yield eased to roughly 4.62% on July 28, 2026, pulling back from last week’s highs. Brent crude fell to $86.58 a barrel, down 1.54% on the day, as hopes grew for renewed US-Iran talks. The 30-year Treasury yield slipped to 5.111%, while the 2-year fell to 4.301%. Despite the pullback, the Treasury…