The news desk✱
Short dispatches on the business and tech stories that matter, written plainly and sourced honestly. Each one ends at the books that explain the story properly. Keep scrolling; the desk keeps filing.

OPEC+ presses ahead with another output hike as Hormuz traffic recovers
The alliance ratified another production increase on Sunday as Strait of Hormuz tanker traffic begins to rebound, pressing forward with a run of monthly hikes that adds more supply to a market already pricing in slower demand.

Midjourney wants the studios suing it to reveal their own AI use
As a copyright lawsuit winds through a California court, Midjourney is asking a judge to compel Disney, Universal and Warner Bros to disclose all their internal AI work, arguing the studios may be training on unlicensed content too.

Anthropic is talking to Samsung about building its own AI chip
The talks are early and nothing is decided, but they show how far AI labs will go to stop depending on a single chip supplier.

Racing to save Swift. A startup launches the first commercial rescue mission for a NASA telescope
The Swift Observatory has been mapping the sky in X-rays since 2004. Solar storms pushed its orbit down. This week, a commercial spacecraft called Link launched to pull it back up.

Trump Accounts go live. America's new child investment scheme opens for enrolment today
From July 4, every American child qualifies for a government-seeded investment account. Wall Street helped design it, newborns can enrol from the hospital, and the central question is whether compound time will deliver what the scheme promises.

The Chevy Silverado EV is a great truck. Almost nobody is buying it
Deliveries of the electric pickup fell 41 percent in early 2026, as a high price and a lapsed tax credit met a truck that costs as much as a luxury SUV.

Google's Android fine is final. The EU's top court ends an eight year fight
The Court of Justice upheld the 4.1 billion euro penalty, closing the biggest antitrust case of the smartphone era.
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