Today: 16 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Class of 2026 Faces AI Job Squeeze as ServiceNow and BlackRock CEOs Warn on Entry-Level Work

Class of 2026 Faces AI Job Squeeze as ServiceNow and BlackRock CEOs Warn on Entry-Level Work

Two CEOs from major U.S. firms are sounding the alarm for new grads: artificial intelligence isn’t just a buzzword—it’s already squeezing entry-level white-collar jobs. Bill McDermott at ServiceNow warned that graduate unemployment could spike sharply in a few years. BlackRock chief Larry Fink echoed the concern, saying the class of 2026 could be staring down the hardest path to office jobs in recent memory.
19 March 2026
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Mortgage Rates Today: 30-Year Rate Near 6.3% After Fed Hold, Refinancing Hopes Fade

Mortgage Rates Today: 30-Year Rate Near 6.3% After Fed Hold, Refinancing Hopes Fade

Mortgage rates in the U.S. stuck close to 6.3% on Wednesday, as the Federal Reserve kept its benchmark rate unchanged—leaving the housing market under strain just as the spring buying season heats up. According to Mortgage News Daily’s lender survey, the average 30-year fixed rate landed at 6.31%, a touch higher than Tuesday. Separately, the Mortgage Bankers Association reported that new borrowers locking in rates on typical 30-year loans saw 6.3%.
18 March 2026
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Dow Jones Today: Hot PPI and Oil Spike Send Industrial Average Lower Ahead of Fed

Dow Jones Today: Hot PPI and Oil Spike Send Industrial Average Lower Ahead of Fed

The Dow Jones Industrial Average slid almost 1% by midday Wednesday after hotter-than-forecast U.S. producer price data and a fresh surge in crude sent jitters through the market, hours ahead of the Federal Reserve’s policy update. By 12:00 p.m. ET, the Dow had dropped 445.20 points, or 0.95%, to 46,548.06. The S&P 500 and Nasdaq Composite weren’t spared, each off roughly 0.6%.
18 March 2026
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Confluent Stock Price Caps at $31 as IBM Closes $11 Billion Buyout and CFLT Trading Ends

Confluent Stock Price Caps at $31 as IBM Closes $11 Billion Buyout and CFLT Trading Ends

Confluent Inc wrapped up its public-market stint at $31 per share, the figure set after IBM finalized its $11 billion acquisition ahead of the opening bell on March 17. Nasdaq reported CFLT trading was halted following after-hours moves on March 16, with suspension kicking in on March 18. Final market prints landed at $30.99, just shy of the $31.00 mark hit earlier.
18 March 2026
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Elon Musk Twitter Trial Goes to Jury as Shareholders Say ‘On Hold’ Tweet Tanked Stock

Elon Musk Twitter Trial Goes to Jury as Shareholders Say ‘On Hold’ Tweet Tanked Stock

Jurors in San Francisco are weighing accusations that Elon Musk misled former Twitter shareholders with his claim in 2022 that the buyout was “temporarily on hold,” while also questioning Twitter’s figures on fake or spam accounts—bots, as they’re known. After hearing closing arguments, the panel started deliberations on Tuesday but left for the day without reaching a decision.
18 March 2026
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Stock Market Today

  • Tech Stocks Weigh on Markets as Oil Eases, TSMC Earnings Not Enough for Bulls
    July 16, 2026, 1:30 PM EDT. Shares dropped Thursday, with chipmakers leading declines after TSMC posted 77% earnings growth but still not enough to calm investors looking for perfection in AI names. Tech-heavy indexes lagged. U.S. retail sales showed a small uptick, keeping some support under consumer stocks. The Dow ticked up but the S&P 500 and Nasdaq slipped, pulled lower as the semiconductor index lost 4%. In Asia, the KOSPI tumbled more than 6% and Japan's Nikkei shed almost 3%. Oil prices slid, pressured by renewed U.S.-Iran military run-ins near shipping routes. Treasury yields edged higher as traders held steady on their rate views for the Fed.
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