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Micron, Seagate, Western Digital sink as chip sell-off deepens
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Martin Shkreli violated lifetime pharma industry ban, FTC and states say in contempt claim
Shkreli was banned from the pharmaceutical industry after a trial found that he organized an illegal scheme to perpetuate a monopoly for the drug Daraprim.

White House has asked Ambassador Kimberly Guilfoyle to resign, new Trump press secretary says
Katie Zacharia worked for one of Trump's companies and raised her profile appearing on conservative-leaning talk shows. She also amplified right-wing conspiracy theories. Now she'll be the president's chief spokesperson.
More homebuyers are taking a chance on adjustable-rate mortgages, hoping rates will fall—here’s how to think about that bet
More homebuyers are betting on adjustable-rate mortgages for a lower rate today. Here’s how to decide if one makes sense for you.

JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live
Rolling coverage of the latest economic and financial news UK government bonds are rallying this morning, after the IMF said it had increased its growth forecast for the country this year. Yields (which fall when bond prices rise) are down by about 5 basis points for the 10-year gilt, and down by 4 basis points for the 5-year. Continue reading...
Apple releases HomeView smart home hub with screen as showcase for Siri AI
The iPhone maker also announced the new Apple TV 4K and HomePod Mini.
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.