U.S. officials see the deal as a threat to NATO, for which Turkey provides the second-largest military.World Politicsread more
China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
United's Optum is launching a new partnership with John Muir Health aimed at helping the small northern California hospital operator become more competitive with its larger...Health and Scienceread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
Aarti Borkar from IBM Security says artificial intelligence bias can exist at three levels: the program, the data and the people who design those AI systems.Cybersecurityread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
It looks like someone is willing to invest in Detroit—though who that person is remains a mystery. An auction in Motor City of more than 6,000 foreclosed properties found an unidentified bidder who has offered $3.2 million for the buy, Bloomberg Businessweek reports.
The offer meets the minimum bid allowed for the sale, which stands at $500 per property. Of course, the actual cost of taking over these properties is likely to far exceed the initial $3.2 million, as almost half of the properties need to be torn down in the next six months per conditions of the auction. The bundle also includes around 2,000 empty lots and some 1,000 homes that are deemed habitable.
The Businessweek article says that the bid came as a surprise given how little excitement preceded the large sale. Had the countywide auction found no bidders, the properties would have then been transferred to the city for sale.