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International Business Times

June 2026

Many Analysts Expected AI To Replace Workers. New Company Data Tells A Different Story.

The findings add fresh data to one of the biggest questions surrounding AI as companies continue investing in the technology

There are likely many small businesses that would benefit from AI but do not use it today, missing out on meaningful growth,
The research until now has relied on datasets that are available but not appropriate for these questions, resulting in the general public getting unreliable answers on how AI will actually affect our economy,

The Dow Jones Closed Out Its Best First Half In Five Years. Here’s What Analysts Say Could Come Next.

The latter notched its best second quarter since 2020, gaining more than 21% and marking its best first six months of the year in 35 years

The impact of AI investment trickles down from large-cap leaders to small-cap companies. The effect will be more amplified for small-cap companies, in terms of revenue and probability growth,
The valuation gap was so wide that a truck can drive through it. At the same time, fundamentals are improving in small caps and I think that's why it's causing the broadening trade,

Birth on American Soil Has Almost Always Guaranteed Citizenship. The Supreme Court Just Rejected Trump’s Effort To Change That.

John Robertschief Justice
Citizenship, then and now, was the right to have rights— to freely participate in our political community,
John Robertschief Justice
What the Court held in Wong Kim Ark was simple: the Citizenship Clause incorporated the common law and granted citizenship to nearly all children born in the United States,
The trouble is that there is scant evidence for this dramatically revisionist view,
No long and unwieldy Constitutional Amendment is necessary!”

The AI Boom Is Helping Power The U.S. Economy. But Cleveland’s Fed President Says It Could Also Fuel Inflation.

Beth M. Hammackcleveland Fed President
We've got inflation that's too high, and it's been too high for the past five years,
Austan Goolsbeechicago Federal Reserve President
You have seen now little bit of improvement on this services inflation, and I've been identifying that as something that we would want to see,
Beth M. Hammackcleveland Fed President
When I look broadly, particularly around large companies, I'm not seeing a lot of restraint in the economy. I'm not hearing from these businesses that interest rates or credit spreads are a reason why they're holding back from investment and growth,

Washington Said The SAVE Act Was Clarity For Crypto. The Market Is Reading It As Uncertainty Instead.

Lawmakers are working within a compressed legislative calendar, with roughly 20 session days remaining before the August recess, as they attempt to align differing versions of the bill and resolve outstanding policy disputes, including ethics provisions and rules tied to illicit finance

Political Parties’ Spending In Elections Faced Limits For Decades. The Supreme Court Has Just Removed The Cap.

For more than five decades, federal law capped the amount national political parties could spend in coordination with candidates

In short, constitutional text, history, and precedent establish that the political-party coordinated-expenditure limits violate the First Amendment,
This Court has disabled one more mechanism blocking the 'grave problems of democratic legitimacy' that flow from campaign contributions."

Wall Street’s AI Boom Has Powered Stocks For Years. Now Investors Want Proof Before Pouring More Money.

Nicolas Janvierfrench footballer (born 1998)
The level of capex that we're seeing will continue for the foreseeable future is certainly priced into the market,
The main question is delivery of the earnings that are expected out of the S&P 500, but also the tech sector,
Valuations, I think, are justifiable,

Establishment Democrats Have Suffered Heavy Blows In Recent Primaries. They Fear It Could Happen Again In Colorado.

DeGette, 68, has represented Colorado's 1st Congressional District since 1997 and is one of the longest-serving Democrats in the House

BIS Warns that The Ongoing AI Boom Echoes Painful Historical Investment Busts

The warning comes as technology giants continue spending hundreds of billions of dollars on AI infrastructure

These episodes ended with an eventual reversal in investment, inducing economy-wide recessions,
Should inflation rise significantly or AI-led investment turn to a bust, the macroeconomic consequences could be amplified by existing financial vulnerabilities,

HSBC Warns Markets Are Ignoring the Biggest Risk Heading Into the Second Half of 2026

A stronger USD would be painful, but we see the 'pain trade' in the FX market taking the form of a more explosive period of USD strength,
We think the evolution of risks to the Fed's dual mandate and skews to forward rate pricing increasingly reflect a market primarily concerned about Treasury curve flattening,
Trade in the artificial intelligence sector is expected to be bogged down by bearish narratives over the coming months,
In other words, investors appear to have positioned for persistent inflation pressure, limited monetary easing, and continued underperformance of local rates amidst a stronger U.S. dollar,

AI Deepfake Scams Tricking Americans Out Of Dozens Of Billions. And It’s Not Just The Elderly.

The results, disclosed by Gallup and the Stop Scams Alliance, found an additional 4 percent of adults lived in a household where someone else was scammed, putting roughly one in 10 U.S. households on the receiving end of a successful scam last year

Ken Westbrookscams Alliance founder and CEO
These guys aren’t called organized crime for nothing. They’re actually organized, and they’re using their organization to start attacking us with scale now to a tune of $68 billion, which is like the annual revenues of Delta Airlines. It’s like a Fortune 500 company. It’s huge,

Venezuelan Deportees Were Sent To a Hotel When Returned To Their Country. Then The Earthquakes Hit.

We walked about five kilometers, and I cried and cried... there was no communication,
I started hearing 'papa, papa,' and I saw the women next to me start to fall. They were all screaming for help,
On Tuesday he called me and said they told him to gather his belongings because he was leaving the next day. That was the last time I ever heard from him,
When an individual is no longer in ICE custody, ICE is no longer responsible for them,

Michael Saylor Signals Another Bitcoin Buy. The Same Week Strategy Filed to Sell $1.25 Billion

It arrived with Strategy roughly $13 billion underwater and Bitcoin trading below $60,000, its weakest level since October 2024

The AI Industry Continues To Boom. A Bipartisan Group Pushing For Strong Regulation Just Raised Over $80M.

Public First Action operates as a bipartisan 501(c)(4) nonprofit focused on AI safety, transparency and government oversight

A Senate Committee Cleared Ruben Gallego Of Campaign Finance Violations. The DOJ Is Investigating Him Still.

Need I mention you leaving your pregnant wife during your campaign for Senate? There are plenty of people who know about your antics,
Ruben Gallegosenator
[The... The] dismissal reaffirms what I have said about these accusations from the beginning: they were right-wing conspiracies peddled by far-right activists like Anna Paulina Luna, the White House, and their allies,

Trump Warns Gas Companies There Will Be ‘Big Problems’ If They Don’t Lower Prices

The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil,
Eimear Bonnerchevron CFO
We’re all concerned about prices. So, there is a lot of empathy, whether it’s in the U.S. or here in the U.K. or in Europe for consumers…It’s going to take time though. There is a lag between, you know, oil prices and reductions in oil prices and when that shows up at the pump, but we expect that prices will come down as things continue to normalize.”
Gasoline Retailers must get their Prices down, IMMEDIATELY! They’re too high considering that Oil is now at $68 a Barrel, and heading south. The Retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE

Lingering Supply Risks Could Push Crude Higher Again Despite U.S.-Iran Ceasefire, Analysts Warn

Oil prices have largely erased the sharp gains triggered by the recent U.S.-Iran conflict

Even though there is some more motion going on, in general, we're nowhere near being back to where it was,
The narrative that's come into the market is: 'How are we going to backfill all the stocks we've taken out?'

Alphabet Makes Debut As Dow Jones Index Member, Pushing It To a New Record

The Dow Jones Industrial Average reached a historic milestone Monday, closing above the 52,000 mark for the first time after gaining more than 300 points in a rally led by technology stocks and the debut of Alphabet as the index's newest component

Technical talks are slated to continue on all areas of the MOU,
It might be a little bit of light liquidity due to the holiday-shortened trading week, so you might see bigger-than-expected moves,
We also have the end of quarter happening soon, which can cause some window dressing to happen, so advisors are wanting what they report on their quarterly statements to look attractive to their clients,

Jet Fuel Prices Are Falling But Air Fare Remains At Record Highs, Report Shows

Zach Griffairline industry analyst
This is not a situation where we should expect that the airfares are just going to cool off,
Think about the number of carriers that have yet to return to sustainable profitability since Covid — you can’t keep losing money year in and year out and expect to be an ongoing company,