Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
259 stories · page 4 of 13
Divergence, source breadth, recency and a broader regional mix.
Business & Economy · United StatesEnergy Secretary Wright Predicts Lower Gas Prices
U.S. Energy Secretary Chris Wright stated that gasoline prices are more likely to decrease in the coming months. He based this prediction on futures market data and an expected drop in demand after the summer travel season.
United States3 min readTrust 86 · Craft 95 · Hype 45
Business & Economy · Middle EastOil prices climb amid Middle East tensions and Shein stock drop
Oil prices and Asian shares fluctuated as renewed violence between Iran and the US heightened market uncertainty. Shein's stock fell sharply on its Hong Kong debut, while energy companies saw gains.
Middle East3 min readTrust 70 · Craft 85 · Hype 15
Business & Economy · United StatesTrump hints at reviving Keystone XL pipeline in Canada trade talks
Donald Trump suggested reviving the Keystone XL pipeline in a Truth Social post on 18 August 2026, linking it to a trade deal with Canada. The project, cancelled by Joe Biden in 2021, would carry Canadian crude to the U.S. Gulf Coast. Its role in the negotiations remains unclear.
United States5 min readTrust 65 · Craft 55 · Hype 35
Business & Economy · Latin AmericaCuba’s sixth nationwide blackout of 2026 leaves 10 million without power
Cuba experienced its sixth nationwide power grid failure of 2026 on Sunday, plunging approximately 10 million people into darkness. The blackouts, linked to fuel shortages and a crumbling energy grid, have led to protests, job losses in tourism, and residents adapting their lives around unpredictable bursts of electricity.
Latin America5 min readTrust 48 · Craft 87 · Hype 15
Business & Economy · United StatesChangXin Memory Technologies sues Pentagon over military blacklist
ChangXin Memory Technologies has filed a lawsuit against the U.S. Department of Defense, demanding its removal from a Pentagon blacklist. The company denies supporting the Chinese military and states its products are for civilian use.
United States2 min readTrust 66 · Craft 85 · Hype 15
Business & Economy · United StatesUS Senate delays federal ban on Minnesota hemp-derived THC products
The US Senate passed a bill on 3 August 2026 that includes a one-month delay on federal regulation of intoxicating hemp-derived THC products in Minnesota. The reprieve, part of a short-term funding measure, could be extended beyond December and prevents an immediate ban on the state's hemp-based edibles and drinks industry.
United States3 min readTrust 42 · Craft 55 · Hype 30- Business & Economy · Africa
Somali businesses seek new trade routes amid Houthi port disruption
Somali businesses are rerouting trade due to Houthi control of a key port city and island. This has led to increased displacement in Yemen and prompted Somali businesses to seek direct shipping from countries like Sri Lanka.
Africa2 min readTrust 86 · Craft 87 · Hype 15 
Business & Economy · United StatesChina rare earth suppliers halt some US shipments
Some Chinese rare earth suppliers have stopped shipping materials to the US since early August, citing fears of repercussions from Beijing. The move comes weeks before a planned meeting between Presidents Xi Jinping and Donald Trump.
United States3 min readTrust 42 · Craft 55 · Hype 41
Business & Economy · United StatesUS Justice Department denies pausing cooperation with Canada
The US Justice Department has denied reports that it ordered a pause in cooperation with the Canadian government. The alleged directive came amid ongoing trade disputes and tariffs between the two nations.
United States2 min readTrust 78 · Craft 95 · Hype 18
Business & Economy · IndiaIndia's economy grew 7.8% in June quarter, exceeding expectations
India's economy expanded by 7.8% in the April-June quarter, surpassing forecasts. This growth was primarily fueled by robust activity in financial, real estate, IT, and professional services, while inflation rose to 4.45%.
India3 min readTrust 50 · Craft 58 · Hype 40
Business & Economy · United StatesWhite House report names 40 countries aiding Chinese tariff evasion
The White House identified over 40 countries, including the EU, Mexico, and India, as risks for facilitating Chinese tariff evasion through illegal transshipment. A report estimates $60 billion in goods are involved, with India, Mexico, and Vietnam named as top hubs. The US plans AI-powered enforcement.
United States4 min readTrust 65 · Craft 55 · Hype 35
Business & Economy · RussiaRussia says BRICS trade is 90% in national currencies
Kremlin spokesperson Dmitry Peskov said that approximately 90% of Russia's trade with BRICS countries is settled in national currencies. He also stated that Russia is open to any acceptable payment method and does not seek de-dollarisation, ahead of the BRICS summit in New Delhi.
Russia3 min readTrust 76 · Craft 95 · Hype 15
Business & Economy · United StatesUS appeals court questions lobster industry defamation case against Monterey Bay Aquarium
A federal appeals court indicated it may block a defamation lawsuit by New England fishing businesses against Monterey Bay Aquarium over its Seafood Watch programme's 2022 decision to list lobster as unsustainable. Judges cited free speech concerns during oral arguments on 26 July 2026.
United States4 min readTrust 70 · Craft 65 · Hype 15
Business & EconomyBank of Canada to hold interest rate amid US trade war
The Bank of Canada is expected to maintain its benchmark interest rate at 2.25 per cent. Renewed trade tensions with the U.S. have created uncertainty, potentially impacting inflation and economic growth.
3 min readTrust 42 · Craft 59 · Hype 20
Business & Economy · Middle EastIran discovers 7.5 trillion cubic feet of natural gas
Iran has announced the discovery of a significant natural gas reserve in Fars Province. The find, estimated at over 7.5 trillion cubic feet, comes at a time of heightened geopolitical tension and potential new US sanctions.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesWhite House to extend Jones Act waiver amid record fuel prices
The Biden administration will extend a waiver of the Jones Act, which requires domestic shipping to use US-built and crewed vessels, to ease fuel transport bottlenecks. The move comes as gasoline prices exceed $4 a gallon ahead of November’s midterm elections, with critics pushing for geographic limits on the exemption.
United States5 min readTrust 65 · Craft 55 · Hype 30
Business & Economy · United StatesCarney says Canada studying US tariffs, weighing retaliation
Canadian Prime Minister Mark Carney stated that the government is studying the latest U.S. tariffs and import bans. He indicated that Canada is considering whether to adjust its own retaliatory tariffs and called the U.S. trade bans 'modest'. Carney recently spoke with U.S. President Donald Trump.
United States2 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesVance says Bessent has plan to shrink US national debt
Vice President JD Vance announced that Treasury Secretary Scott Bessent has a "very discreet plan" to reduce the U.S. national debt, which recently surpassed $40 trillion. Vance stated the plan aims to make the economy grow faster than the debt.
United States3 min readTrust 68 · Craft 87 · Hype 15
Business & Economy · ChinaChina's Job Market Reshaped by AI, Workers Express Concerns
Computer programmer Fei Zhaojun was among 160 colleagues laid off in Beijing after his boss inquired about AI replacing coding jobs. This reflects a broader trend in China where AI is reshaping the job market, leading to job displacement and wage reductions in various sectors.
China3 min readTrust 42 · Craft 59 · Hype 20
Business & Economy · United StatesTrump administration proposes ban on Chinese-made data centre gear
The Trump administration is drafting a ban on Chinese-made devices used in US data centres, extending a campaign to exclude Chinese technology from critical infrastructure. The move follows recent prohibitions on Chinese humanoid robots and power inverters, with enforcement challenges and industry costs expected.
United States4 min readTrust 65 · Craft 55 · Hype 35
