Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
259 stories · page 3 of 13
Divergence, source breadth, recency and a broader regional mix.
Business & EconomyCopper Prices Hit Record High Amid Supply Concerns and Tariff Fears
Copper prices reached an all-time high on the London Metal Exchange, driven by concerns over supply shortages outside the US and the potential for new American tariffs. Benchmark prices surged past previous records, with zinc also seeing gains.
3 min readTrust 42 · Craft 57 · Hype 60
Business & Economy · United StatesTrump calls Canada dollar imbalance 'unacceptable'
Donald Trump posted on Truth Social that the imbalance between the Canadian and U.S. dollars is unacceptable and has persisted for years. His remarks come as Canada prepares to implement retaliatory tariffs on American goods.
United States3 min readTrust 72 · Craft 95 · Hype 15
Business & Economy · RussiaOPEC+ maintains October oil output quotas amid Iran war
OPEC+ has decided to keep its oil production quotas unchanged for October. The decision comes as the Iran war continues to disrupt oil exports, limiting the group's influence on prices and market share. Focus is now shifting towards debates over 2027 quotas.
Russia3 min readTrust 50 · Craft 60 · Hype 20
Business & Economy · Asia-PacificRussia to Suspend Gas Supplies to Armenia for 10 Days
Russia will temporarily suspend natural gas supplies to Armenia from September 15 to September 25 due to planned maintenance on a key pipeline. Gazprom Armenia has stated that domestic reserves and Iranian imports will ensure uninterrupted supply to consumers.
Asia-Pacific3 min readTrust 74 · Craft 95 · Hype 12
Business & Economy · United StatesUS trade deficit grew 24.4% to $88.6 billion in July
The US trade deficit in goods and services increased by 24.4% in July, reaching $88.6 billion. This widening gap was driven by a significant rise in imports, particularly of capital goods and computer accessories, reflecting increased investment in artificial intelligence.
United States2 min readTrust 55 · Craft 55 · Hype 35
Business & Economy · Middle EastUS military opens shipping corridor in Strait of Hormuz carrying 10 million barrels of oil daily
The US military has established a nightly shipping corridor in the Strait of Hormuz, allowing 15 to 20 tankers to transport about 10 million barrels of oil daily. The operation, running for several weeks, avoids Iranian-controlled areas and has guided over 1,000 vessels since May, according to US officials.
Middle East5 min readTrust 78 · Craft 65 · Hype 35- Business & Economy · European Union
France's public debt to hit record 121.7% of GDP in 2027
France's public debt is projected to reach a record 121.7% of GDP in 2027, according to the Ministry of Economy and Finance. This increase is attributed to a persistently high deficit, with a deficit of 5.4% of GDP forecast for 2026.
European Union3 min readTrust 86 · Craft 70 · Hype 30 
Business & Economy · United StatesUS and Canada impose reciprocal tariffs impacting small businesses
A trade war between the United States and Canada has led to reciprocal tariffs on approximately $20 billion of goods. Small business owners report increased costs and reduced sales, exacerbated by rising energy prices linked to the Iran war.
United States3 min readTrust 42 · Craft 61 · Hype 68
Business & Economy · United StatesTrump meets travel executives to boost US tourism
President Donald Trump met with travel industry executives at the White House to discuss boosting international tourism. The meeting occurred as travel spending rose but international arrivals declined.
United States3 min readTrust 68 · Craft 95 · Hype 30
Business & Economy · United StatesUS court upholds Trump’s authority to end $800 de minimis tariff exemption
The US Court of International Trade ruled that President Donald Trump acted within his authority when he ended the de minimis exemption, which had allowed goods under $800 to enter the US tax-free. Trump celebrated the decision as a victory against what he called a 'loophole for tariff cheats'.
United States5 min readTrust 74 · Craft 58 · Hype 32
Business & Economy · United StatesLawsuit Alleges Freedom Fuel Stations Sold Unpaid-For Gas
A lawsuit filed by Mansfield Oil Company alleges that KRSM Inc. acquired more than 1 million gallons of fuel from a Sunoco terminal in Pennsylvania without payment. The fuel was intended for Freedom Fuel Network stations, promoted by President Trump, which offered low prices.
United States2 min readTrust 42 · Craft 45 · Hype 41
Business & EconomyBank of Canada unveils $20 bill with King Charles replacing Queen Elizabeth II
The Bank of Canada is set to reveal a redesigned $20 bill featuring King Charles, replacing the late Queen Elizabeth II. The change, directed by former prime minister Justin Trudeau’s government, is the first Canadian paper currency to feature the new monarch.
3 min readTrust 42 · Craft 55 · Hype 15
Business & Economy · United StatesPentagon contracts boost missile interceptor output
The Pentagon has signed seven-year agreements with General Dynamics Ordnance and Tactical Systems and Lockheed Martin to significantly increase the production of missile interceptors. The deals aim to triple output of the Patriot Advanced Capability-3 (PAC-3) MSE interceptor and quadruple production of the Terminal High Altitude Area Defense (THAAD) system.
United States3 min readTrust 72 · Craft 80 · Hype 18- Business & Economy · Middle East
Iran uses barter system to buy Chinese goods, bypassing sanctions
Iran has established a barter-like mechanism to circumvent US sanctions on its oil exports, allowing it to convert oil revenues into credits for purchasing goods from China. This system bypasses international banking transfers and has facilitated the import of various items, including military equipment.
Middle East4 min readTrust 60 · Craft 65 · Hype 45 
Business & Economy · Middle EastOil prices rise as Iran and US clash over Strait of Hormuz status
Brent crude futures rose to $91.28 on 19 August as Iran declared the Strait of Hormuz shut to shipping, contradicting US claims it was open. Iraq approved alternative export routes, while Chinese shippers avoided the strait amid heightened tensions.
Middle East4 min readTrust 70 · Craft 65 · Hype 15
Business & EconomyOpenAI in talks for $1.2 trillion valuation before IPO
OpenAI is reportedly in early discussions with investors for a new funding round that could value the company at approximately $1.2 trillion. This comes as the AI firm considers its timeline for a potential initial public offering.
3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesGordie Howe Bridge opens to cyclists and pedestrians after decades-long wait
The Gordie Howe International Bridge opened its multi-use path to pedestrians and cyclists at 8 a.m. on 5 August 2026, allowing cross-border travel on foot or by bike for the first time in decades. Around 100 people lined up at the Canadian entrance, with Windsor Mayor Drew Dilkens calling the opening a historic moment for the community.
United States5 min readTrust 70 · Craft 87 · Hype 15
Business & EconomyMichael Kremer named World Bank Chief Economist
Michael Kremer, a 2019 Nobel laureate in Economics, has been appointed the World Bank Group’s Chief Economist and Senior Vice President for Development Economics. He is scheduled to take up the position on 1 October 2026, replacing Indermit Gill.
2 min readTrust 86 · Craft 80 · Hype 15
Business & Economy · United StatesUS wholesale inflation rises 5.4% as diesel costs surge
US wholesale inflation rose 5.4% year-on-year in August, exceeding expectations due to a significant jump in energy costs, particularly diesel fuel. The data has increased the likelihood of a Federal Reserve interest rate hike next week.
United States4 min readTrust 50 · Craft 60 · Hype 40
Business & Economy · United StatesSouth Korea and US agree on $22.3bn Texas gas plant investment
South Korea and the United States have reportedly agreed on the size of Seoul's planned investment in a gas project in Texas, estimated at around $22.3 billion. The project aims to build a 6.3-gigawatt gas plant in Encinal, Texas, to meet rising power demand for AI data centres.
United States3 min readTrust 42 · Craft 55 · Hype 41
