Business & Markets — July 1, 2026

International chipmakers outpaced US Big Tech in H1 2026. Asian semiconductor stocks led global markets in the first half, outperforming the Magnificent 7 as AI demand drove exceptional gains for international chipmakers.

CNBC Top News · Read more →

Trump student-loan overhaul takes effect today. New repayment rules starting July 1 cap popular forgiveness programs and raise monthly bills for millions of borrowers under Trump's restructured student-loan system.

Business Insider · Read more →

Egg producers settle DOJ price-fixing probe for $3.3 million and 53 million eggs. Cal-Maine Foods, Versova, and Hickman's Egg Ranch resolved federal and 17-state allegations of illegal price manipulation with cash payments and an egg donation.

CNBC Top News · Read more →

Iran sells oil at a 20% premium after ceasefire reopens Strait of Hormuz. A US-Iran ceasefire triggered a 40-million-barrel export surge, with crude shipments resuming through the Strait of Hormuz and Iran commanding above-market prices.

CNBC Top News · Read more →