Finance news on July 21, 2026

1. 0122:45 UTC

   Pentagon puts US war in Iran cost at $37.5 billion, Hegseth says

   12 outlets · first: businesstimes Markets

   Machine summary US Defense Secretary Pete Hegseth told lawmakers at a Senate Appropriations Committee hearing in Washington that the war in Iran has cost US$37.5 billion so far, including anticipated costs through September 30.

   Reported by businesstimes, politicalwire.com, iHeartRadio, 13wham.com, local10.com, BBC, and 6 more outlets.

   • Iran
   • Pentagon
   • Pete Hegseth
   • Senate Appropriations Committee

   Full coverage: every report, when each was published, and who was named (12 outlets)

2. 0200:12 UTC

   US judge approves Anthropic $1.5 billion copyright settlement

   10 outlets · first: techcrunch.com Regulation

   Machine summary The settlement is the largest known settlement of a US copyright case, according to the reports.

   Reported by techcrunch.com, koreatimes.co.kr, The Hindu - Business Line, indianexpress.com, iHeartRadio, ABC News, and 4 more outlets.

   • Anthropic

   Full coverage: every report, when each was published, and who was named (10 outlets)

3. 0320:10 UTC

   Trump administration defers over $1B in Medicaid payments to California and Minnesota

   4 outlets · first: STAT News Regulation

   Machine summary California Gov. Gavin Newsom called the move "the same recycled political stunt we've seen before," and Minnesota Gov. Tim Walz issued a similar statement.

   1. Kennedy said: "States that receive federal Medicaid funding must demonstrate that every dollar meets federal requirements. When they cannot, we will not release federal funds until they do."
   2. California Gov. Gavin Newsom called the administration's latest move "the same recycled political stunt we've seen before," and Minnesota Gov. Tim Walz issued a similar statement Tuesday.

   Reported by STAT News, komonews.com, turnto10.com and kval.com.

   • California
   • Medicaid
   • Gavin Newsom
   • Minnesota
   • Tim Walz

4. 0421:53 UTC

   Coverage recordchannelnewsasia.com: “Stocks rise despite climbing oil prices”

   2 outlets · first: channelnewsasia.com Markets

   Reports ran between 21:53 and 23:05 UTC on Jul 21.

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by channelnewsasia.com and news.rthk.hk.

5. 0504:15 UTC

   Federal judge temporarily blocks Paramount and Warner Bros. $110 billion merger

   2 outlets · first: portlandtribune.com Markets

   Machine summary A federal judge temporarily blocked the Paramount and Warner Bros. merger, a $110 billion deal.

   1. On July 20, 2026, Judge Araceli Martínez-Olguín granted a 14-day temporary restraining order blocking the $110 billion Paramount-WBD merger.
   2. According to the states' complaint, the combined entity would control nearly one-third of U.S. movies and cable programming.
   3. New York Attorney General Letitia James characterized the TRO as “an important step,” while emphasizing that the antitrust case will continue.

   Reported by portlandtribune.com and fingerlakes1.com.

   • Letitia James

6. 0620:45 UTC

   Redwood AI announces closing of $3.5M private placement

   2 outlets · first: californiatelegraph.com (Big News Network) Markets

   Machine summary Redwood AI Corp. closed a $3.5M private placement of special warrants at $2.11 each, converting into shares and five-year warrants exercisable at $2.48. The transaction, handled by Maxim Group for a single institutional investor, includes a shelf prospectus pipeline.

   1. Redwood AI closed a private placement of up to 1,663,000 special warrants at $2.11 per warrant, for gross proceeds of up to $3.5 million.
   2. The sole investor is a single U.S. fundamental institutional investor, with Maxim Group LLC acting as exclusive placement agent.
   3. The company has filed a preliminary short-form base shelf prospectus in Canada, indicating plans for future offerings.
   4. Redwood AI is listed on the Canadian Securities Exchange (AIRX), OTCQB (RDWCF), and Frankfurt Stock Exchange (Y0N).

   Reported by californiatelegraph.com (Big News Network), finanznachrichten.de and nashvilleherald.com (Big News Network).

   • Redwood AI
   • Maxim Group
   • U.S. fundamental institutional investor

7. 0716:00 UTC

   Al Etihad Payments and Mastercard announce first co-badged credit card

   1 outlet · first: srilankasource.com (Big News Network) Banking

   Machine summary Al Etihad Payments and Mastercard announced their first co-badged credit card, according to the source reports.

   Reported by srilankasource.com (Big News Network), floridastatesman.com (Big News Network), indiagazette.com (Big News Network), orlandoecho.com (Big News Network) and myanmarnews.net (Big News Network).

   • Mastercard
   • Al Etihad Payments

8. 0822:45 UTC

   Dow Jones rises 386 points; global stocks rise

   1 outlet · first: newyorktelegraph.com (Big News Network) Markets

   Machine summary The Dow Jones jumped 386 points as global stocks took off, according to reports.

   1. The Dow Jones jumped 386 points, according to reports.

   Reported by newyorktelegraph.com (Big News Network), hawaiitelegraph.com (Big News Network), mainemirror.com (Big News Network) and mexicostar.com (Big News Network).

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.