Rundown · Wednesday, July 29, 2026
Finance news on July 29, 2026
On Wednesday, July 29, 2026 the Finance desk recorded 9 news events, 2 of them carried by 5 or more outlets. The earliest report came from bssnews.net at 02:45 UTC.
- news events9
- outlet reports23
- carried by 5+ outlets2
- first report (UTC)02:45
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01
Federal Reserve holds rates steady in 9-3 vote
Machine summary The Federal Reserve held its benchmark interest rate in a range of 3.5% to 3.75% on Wednesday, with the rate-setting committee voting 9 to 3 to keep rates unchanged. Three regional Fed bank presidents dissented, preferring a quarter-percentage-point increase. The Fed said inflation remains elevated relative to its 2% goal.
Reported by iHeartRadio, scmp.com, wkms.org, Abc 15, southcarolinapublicradio.org and breitbart.com.
Full coverage: every report, when each was published, and who was named (6 outlets)
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02
Meta Q2 profit falls on legal and severance costs
Machine summary Meta Platforms reported second-quarter profit of $15.85 billion, or $6.18 per share, down 14% from a year earlier, while revenue rose 28% to $60.8 billion. Meta shares fell 4.2% to $560.85 in after-hours trading.
Reported by clickorlando.com, manilatimes.net, bgnes.com, today.rtl.lu and clickondetroit.com.
Full coverage: every report, when each was published, and who was named (5 outlets)
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03
SK hynix posts 1,242% net profit increase to $64B
Machine summary Key facts from the reports:
- Operating profit jumped 557% to 60 trillion won, while revenue reached 79 trillion won.
- A one-off sale of SK hynix's 20 trillion won stake in Kioxia contributed to the record net profit.
- The company plans capital expenditures in the 40 trillion won range for the full year.
- Growth was attributed to expanding AI infrastructure investments and increasing demand for high-bandwidth memory (HBM).
- Marketing chief Park Joon-deok addressed concerns over AI spending slowdown, calling it an optimization and monetization phase rather than a pullback.
Reported by bssnews.net and thejakartapost.com.
- SK Hynix
- Kioxia
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04
Coverage recordgoskagit.com: “Oil prices jump, and US stocks fall following fighting in the Middle East”
Reports ran between 14:45 and 15:00 UTC on Jul 29.
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 goskagit.com and mainlinemedianews.com.
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05
Binance says bStocks tokenized securities passed $500m in AUM
Machine summary Binance announced that its bStocks tokenized securities offering surpassed $500 million in assets under management seven weeks after launch. Binance stated that the product, available since June 11, 2026, has grown from five tickers to over 46 listings.
- Binance announced bStocks surpassed $500 million in AUM seven weeks after launch
- Binance said bStocks went live on June 11, 2026
- Binance said the product expanded from five tickers to more than 46 listings
- According to Binance data, Gen Z accounts for 44% of bStocks trading activity
- Binance said bStocks recorded $2 billion in trading volume during the most recent weekend
Reported by manilatimes.net and calcuttanews.net (Big News Network).
- Binance
- Tokenized Securities
- bStocks
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06
Iran launches missiles at US forces; US and Saudis strike Iraq militias
Machine summary Drone strikes also ignited fires on two natural gas vessels at Egypt's Damietta port, according to maritime security firm Ambrey.
Reported by dailyadvance.com and asiaone.com.
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07
UK regulator investigates whether Microsoft misled Microsoft 365 customers
Machine summary The UK Competition and Markets Authority said it would investigate whether Microsoft misled personal and family customers when marketing Microsoft 365 subscription plans, including the addition of its AI assistant Copilot, resulting in them overpaying. Microsoft said it was reviewing the CMA's claims in detail and remained committed to working constructively with the regulator.
- A Microsoft spokesperson said the company was reviewing the CMA's claims in detail and remained committed to working constructively with the regulator.
Reported by freemalaysiatoday.com and indianexpress.com.
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08
Wall Street falls after Federal Reserve leaves rates unchanged
Machine summary Wall Street tumbled after the Federal Reserve left rates unchanged, according to reports.
- The Federal Reserve left rates unchanged, according to reports.
Reported by haitisun.com (Big News Network), oklahomastar.com (Big News Network), asiabulletin.com (Big News Network) and zimbabwestar.com (Big News Network).
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09
Dow Plunges 1,153 Points as Warsh Fed Holds: 30Y Yield Hits 5.14%
Machine summary The Dow tumbled 1,153 points to 51,594 after the Federal Reserve held rates unchanged under new Chair Warsh, sparking a bond market steepener and an oil surge above $90. Mixed earnings and geopolitical concerns preceded the sell-off ahead of Microsoft and Meta results.
- S&P 500 fell 112 points to 7,316, and Nasdaq dropped 433 points to 24,442.
- The Federal Reserve left interest rates unchanged for the fifth straight meeting, with three dissenting members voting for a hike.
- 30-year Treasury bond yield rose to 5.14%, steepening the yield curve.
- Brent crude oil surged above $90 per barrel after a surprise Iranian attack.
Reported by iHeartRadio.
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.
Also covered for this desk
4 events homed on another desk that the Finance desk also carried on July 29, 2026.
Who was in the news
The days around it
Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).