Business
Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps
The MSCI Asia Pacific Index rose nearly 1% in early trading after slumping 3.6% on Tuesday, the most since early March. The chip-heavy Kospi climbed about 4% after tumbling 10% in the previous session. Shares of Samsung Electronics Co. surged 10%, almost erasing Tuesday’s losses, bolstered by a report that it may announce a buyback. US equity futures also rose after the Nasdaq 100 plunged 3.3% and the S&P 500 fell 1.4%.
The volatile backdrop has sharpened the focus on memory chipmaker Micron Technology Inc.’s results Wednesday, which are expected to provide crucial cues on whether demand for AI infrastructure remains strong enough to sustain this year’s rally. Veteran strategist Louis Navellier said the report will be the grand finale to a “stunning” earnings season. Micron’s shares dropped 13% Tuesday but are still up more than 250% in 2026.
“Whether or not we rally in the short-term, we continue to see medium-term downside risk for the tech/AI trade,” said Jonathan Krinsky, chief market technician at BTIG LLC, adding he sees between 10% and 15% additional downside in the semiconductors group.
Elsewhere, Brent edged lower to trade below $77 a barrel as tanker traffic through the Strait of Hormuz became more visible following an interim peace agreement between the US and Iran. The Bloomberg Dollar Spot Index steadied after a two-day advance.
Tuesday’s equity selloff came as markets prepare to close out the first half of 2026 with some blockbuster gains driven by easing geopolitical tensions, solid earnings and an AI trade revival. That’s despite growing concern over whether the massive spending commitments by technology firms will generate sufficient returns. Those worries, coupled with elevated valuations and crowded positioning, have triggered sharp pullbacks in the sector from time to time.
For the Kospi, Tuesday’s rout was one of its steepest plunges in history as sentiment suddenly soured on the global AI buildout, sparking a rapid unwind of leveraged positions in the world’s best-performing market.“We don’t know yet that the bubble has burst,” Paul Gambles, co-founder and managing partner at MBMG Group, said on Bloomberg Television, referring to South Korea’s market. “This could just be a minor correction, things could get back on track again. But who knows, this could be the start of the big one.”
Meanwhile, Indonesian assets will be in focus after MSCI Inc. again delayed its review of the nation’s equities, saying it needs more time to assess whether recently announced transparency reforms are working. MSCI had in January warned of a possible downgrade to frontier status due to investability concerns.
The New York-based index provider also retained South Korea in its emerging-markets indexes.
In fixed income, Treasuries advanced on Tuesday as the equity selloff and falling oil prices were seen as easing pressure on the Federal Reserve to raise interest rates to contain inflation. Yields fell roughly one to three basis points, led by shorter maturities that are most sensitive to changes in Fed policy. The two-year yield dropped around three basis points to about 4.20%.
An auction of two-year Treasury notes drew strong demand about a week after Kevin Warsh’s first press conference as Fed chair spurred a sharp increase in yields as traders priced in more tightening in response to rising inflation. Focus now turns to this week’s personal spending data for more cues.
“The market is pretty well priced for a more hawkish Fed outlook at this point,” with inflation-adjusted two-year yields the highest since the Fed began cutting interest rates in September 2024, said Izaac Brook, an interest-rate strategist at RBC Capital Markets.
Business
Delta CEO reveals when to expect airline ticket prices to come down
Delta Air Lines CEO Ed Bastian joins ‘Mornings with Maria’ to discuss the impact of rising fuel costs, resilient travel demand and the airline’s international expansion plans.
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs.
“People ask me all the time – what’s happening with prices?” Bastian told FOX Business’ Maria Bartiromo in an exclusive interview on Tuesday. “Prices will come down when we can fly more, when there’s more supply, it’s a supply and demand. Right now we’re kind of logjammed.”
“There’s not a lot of supply we can bring in because the air traffic control system is congested. As you open up the skies, and you bring more flow, that’s going to help bring pricing down and enable us to bring more people to more places,” he said.
After months of elevated prices due to conflict in Iran and the closing of the Strait of Hormuz, commercial traffic is ramping up in the key waterway after Trump and Iranian President Masoud Pezeshkian last Wednesday signed a 14-point memorandum aimed at ending the war. On Tuesday, President Donald Trump said that 19 million barrels of oil flowed out of the Strait of Hormuz the day prior.
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“I think the initial shock, you know, prices went up about 10 to 15%, not just [at] Delta, across the airline industry. And I think that was probably the right level,” Bastian said. “Oil prices have come down now, so I think we’re in a pretty good spot.”

Delta CEO Ed Bastian visits “Mornings With Maria” at Fox Business Network Studios on June 23, 2026. (Getty Images)
However, Bastian revealed that rising energy costs directly hit Delta’s bottom line by nearly $2 billion, forcing the airline’s hand in raising ticket prices.
“We had no choice,” he said, while also spotlighting how government spending accountability and deregulation could also bring ticket prices down.
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“We have seen more progress being made to eliminate those bottlenecks and continue to allow aviation to flow smoothly in the last year and a half than we’ve had probably in the last number of decades. It’s that significant,” Bastian noted.
“I hope, as an American people, we continue to invest in that future. It’s probably the smartest investment that we can make, because what we’re doing is, we’re making the air flow more smoothly. We’re enabling people not just for safety – safety is always our top priority – but [allowing] for more flights,” which the CEO says ultimately mitigates customer costs.
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Maria Bartiromo asks Delta Air Lines CEO Ed Bastian to assess the current K-shaped economy, noting strong spending among high-end consumers.
Bastian also discussed how Delta has recaptured investment-grade ratings from all three major credit agencies, won back Berkshire Hathaway as a top shareholder and is expanding localized operations such as “Delta TechOps” into a multibillion-dollar third-party maintenance powerhouse.
“We’re going to get to a point here in the next couple of years where our balance sheet will be a fortress balance sheet, something that’s never really happened in our industry to that point,” he said. “This is the industry that the U.S. holds as the gold standard… So whether it’s Boeing, whether it’s our airlines, our aviation space, our technical prowess and know-how, we’re the gold standard.”
Fox News’ Greg Norman-Diamond and Emma Bussey contributed to this report.
Business
Opinion: Scheme rewards the learning journey
OPINION: A UK student loan scheme may work here if the right conditions are met.
Business
Engineering And Construction Costs In June Continue To Rise But Momentum Slows
Engineering And Construction Costs In June Continue To Rise But Momentum Slows
Business
Opinion: One wrong may make for a hard right
OPINION: Major internal economic changes are colliding with external forces in testing times for business and politics.
Business
Hydration tracking: Should you be tracking your water level?
Flouris is a little sceptical of sweat-sensing.
Referring to various unnamed devices that analyse sweat, which he has evaluated in the lab, he says, “Most of these products that we’ve tested do not show the level of accuracy that you would expect.” The results of his experiments are as-yet unpublished.
Sweat sensors, Flouris suggests, work best when worn during long bouts of physical activity – such as a marathon. But they struggle when the exertion is more varied and intermittent. Think a footballer switching from walking to suddenly running very quickly.
In response, Ghaffari says he and his colleagues have published peer-reviewed papers, external on the accuracy of Epicore Biosystems’ gadgets.
He acknowledges that analysing sweat loss over short intervals up to 20 minutes long “can be challenging” but says his company’s products appear effective for 30-minute, or longer, workouts.
Perhaps the most common hydration-focused products available are the smart water bottles that remind you to take a sip throughout the day.
“We try to make it fun,” says Cem Bakiş, head of business development at WaterH, which has a glowing ring that blinks in order to prompt its owner to take a drink. “You can add friends, you can earn points.”
Some smart water bottles work by estimating the weight of liquid in them, and how that changes over time as the drink inside is consumed. But WaterH takes a different approach.
Sensors detect when the water bottle is tipped at an angle, and also the flow rate of fluid as it leaves the vessel. The water bottle will immediately recognise when you’ve had a sufficient quantity of liquid, stresses Bakiş.
I point out that, while some reviews online are positive, other comments criticise the accuracy of these measurements. This is often an issue with how the device is calibrated, and easily rectified, responds Bakiş.
If you don’t want to take instructions in hydration from a water bottle, though, you always have the option of asking your toilet how things are going.
Vivoo makes a urine-analysing gizmo that sits on the rim of a toilet bowl, promising to help you understand your hydration “like never before”.
The device uses optical sensors to work out your “urine specific gravity” – a measure of urine’s density compared to clean water. The denser it is, the more dehydrated you are, generally. Small print on Vivoo’s website emphasises that its products are not intended to provide medical diagnoses.
Urine-based measurements are used to evaluate hydration in scientific studies, says Flouris. Though he notes that there can be some delay between a person entering a dehydrated state, and this becoming detectable in their urine.
Business
Forrestdale lead-acid battery recycling plant opens
Scrap metal dealer Paul Owens has opened a new $12 million recycling plant focused on traditional lead-acid batteries in Perth’s southern suburbs.
Business
Dollar hits 13-month high as rate-hike bets, stock rout boost demand

Dollar hits 13-month high as rate-hike bets, stock rout boost demand
Business
Thanks to SpaceX, Index Funds Won’t Track Each Other as Closely. One Pro’s Advice.
In the pre-SpaceX days, it didn’t really matter which major index benchmark an investor chose, whether it was constructed by Standard & Poor’s, the Center for Research in Security Prices (CRSP), or FTSE Russell. They all returned essentially the same amount.
Business
Getty Images Jumps Following OpenAI Partnership
Shares of Getty Images more than doubled after the company disclosed a display agreement with OpenAI. The stock jumped 104%, to $1.23 a share Monday. Through Friday’s close, Getty Images shares had lost more than half of their value since the beginning of the year.
Under the partnership agreement, Getty said its licensed content libraries will appear across OpenAI search and discovery experiences within ChatGPT, enabling the use of Getty’s content within the artificial-intelligence platform.
Business
NYT Connections #1109 Answers for June 24, 2026 Revealed
Wednesday’s edition of The New York Times’ popular word-grouping game served up a grid built around classic rock bands, wedding traditions, and a clever color-themed character category that lured solvers toward an early, incorrect grouping before the actual answer revealed itself.
How the Game Works
Connections by The New York Times is a unique daily word game that fans can enjoy online for free. The puzzle challenges players to sort a given set of 16 words into groups of four. Each group features a hidden theme that connects the four words that belong in it. Players get only four guesses to find out how the words are connected and categorize them accordingly. The game also provides a “one away…” pop-up as a hint whenever a player chooses three out of the four correct words in a group. The four groups, Yellow, Green, Blue, and Purple, are divided according to the level of their difficulty, with Yellow being the easiest to sort and Purple featuring the trickiest theme to figure out.
Wednesday’s Four Categories
The themes and answers for the June 24, 2026, NYT Connections puzzle were as follows:
Yellow Group: Prog Bands — GENESIS, KING CRIMSON, PINK FLOYD, RUSH.
Green Group: Classic Wedding Gifts — CHINA, LUGGAGE, MONEY, TOASTER.
Blue Group: Red Characters — CLIFFORD, DEADPOOL, KOOL-AID MAN, MR. KRABS.
Purple Group: Rhyming Compound Words — CHICK FLICK, HELTER SKELTER, HUMPTY DUMPTY, MUMBO JUMBO.
The Color Trap That Caught Solvers Off Guard
Puzzle number 1109 features some heavy misdirection, with several words seemingly fitting into different themes before revealing the true groupings. Watch out for the red herrings today. At first glance, words like Pink and Deadpool look like they could fit into a simple color theme, but committing to that group early will cost you lives.
The trap centers specifically on Pink Floyd’s inclusion in the yellow prog-rock category, since the word “Pink” on its own could plausibly suggest a color-based grouping alongside the actually correct blue category of red-colored fictional characters. One solver described falling into exactly that confusion while working through the grid: “Not being familiar with the work of Kool-Aid Man put me at a disadvantage today and was the reason for my single mistake. While I knew that Clifford of Big Red Dog fame, Deadpool and Mr. Krabs favored the color red.”
Breaking Down the Categories
The yellow category gathered four influential progressive rock bands, bringing together Genesis, King Crimson, Pink Floyd, and Rush — a relatively straightforward grouping for fans of classic rock, though the inclusion of Pink Floyd specifically created the color-based misdirection that tripped up several solvers elsewhere in the grid.
The green category required players to think about traditional gift-giving customs, linking China, Luggage, Money, and Toaster as classic items associated with wedding registries and gift lists.
The blue category, despite its color-based misdirection trap, ultimately gathered four fictional characters who all happen to be red in appearance: Clifford the Big Red Dog, Deadpool, the Kool-Aid Man, and Mr. Krabs from SpongeBob SquarePants.
The Purple Category’s Wordplay Challenge
As is typical for Connections puzzles, the purple category delivered the day’s most inventive twist, built around compound phrases that rhyme internally. The category brought together Chick Flick, Helter Skelter, Humpty Dumpty, and Mumbo Jumbo — four well-known rhyming compound terms that required solvers to think specifically about phrase structure rather than shared meaning or category.
Strategic Advice From Puzzle Outlets
Ahead of revealing the solution, several outlets offered general guidance for navigating Wednesday’s grid. We recommend looking closely at proper names and word structure first. Separating band names from characters and common terms will make the remaining words significantly easier to manage.
Other strategists emphasized broader habits worth building into a daily Connections routine. Before submitting a set of words, you should always check whether they fit somewhere else too. If you hit a dead end, use the shuffle button at the bottom of the grid — placing the words in different positions can spark new connections and act as a mental refresh, helping new patterns emerge that may not have been obvious in the original layout.
A Moderate Difficulty Rating
Despite the color-based misdirection built into the puzzle, early tester feedback suggested Wednesday’s challenge landed closer to the middle of the difficulty spectrum overall. NYT’s early testers rated today’s Connection puzzle 2.5 out of 5, putting it in the medium difficulty level — a rating that aligns with the mixed reactions from solvers who successfully avoided the Pink Floyd trap versus those who fell for it.
The Game’s Continued Popularity
Connections is one of the most popular online word games from The New York Times, closely trailing behind Wordle. The puzzle presents players with a 16-word, four-by-four grid that has helped cement the game’s status as a daily ritual for millions of solvers since its 2023 launch.
Where to Find More Puzzle Help
Besides Connections, other puzzles that fans can play on The New York Times Games collection include Wordle, Strands, Pips, the NYT Crosswords, and Sudoku, among others. Wednesday’s slate also included Wordle puzzle number 1831 and Strands puzzle number 843, giving puzzle enthusiasts a full menu of additional daily challenges beyond the standard Connections grid alone.
With Wednesday’s puzzle now solved by players who successfully navigated the Pink Floyd color trap and identified the rhyming compound words hidden in the purple category, attention turns to Thursday’s edition, puzzle number 1110, when a fresh sixteen-word grid and an entirely new set of hidden categories — and likely a fresh round of cleverly placed red herrings — will once again test the Connections community’s pattern-recognition skills before their four guesses run out.
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