Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
259 stories · page 5 of 13
Divergence, source breadth, recency and a broader regional mix.
Business & EconomyRTL and Sky to cut around 500 jobs by 2027
RTL Deutschland and Sky plan to eliminate approximately 500 jobs by the end of 2027, following RTL Group's acquisition of Sky Deutschland. The majority of these cuts are anticipated in 2026, as the companies aim to achieve significant annual synergies.
3 min readTrust 42 · Craft 61 · Hype 41- Business & Economy · United States
Iran War Costs Americans $100 Billion in Extra Energy Expenses
The war in Iran has cost American consumers an estimated $100 billion in additional energy expenses, according to Brown University. The figure continues to increase, adding approximately $1 million every two minutes.
United States4 min readTrust 42 · Craft 59 · Hype 41 
Business & Economy · Middle EastOil prices rise as US-Iran talks stall and Hormuz shipping slows
Oil prices climbed on 17 August 2026 as US-Iran peace talks showed no progress and tanker traffic through the Strait of Hormuz slowed following attacks on vessels operated by ADNOC. Brent crude futures rose to US$89.40 per barrel, while West Texas Intermediate reached US$82.83.
Middle East4 min readTrust 70 · Craft 95 · Hype 15- Business & Economy · United States
US imposes 50% tariffs on $20bn Canadian goods after trade talks fail
The United States announced it would impose 50% tariffs on $20 billion of Canadian products, effective early Saturday. U.S. Trade Representative Jamieson Greer stated Canada declined to finalize a trade deal on previously agreed terms, leading to the tariffs.
United States2 min readTrust 52 · Craft 95 · Hype 15 
Business & Economy · Middle EastStrait of Hormuz oil transit hits wartime high of 17 million barrels in a day
More than 17 million barrels of oil passed through the Strait of Hormuz on 1 September 2026, the US Energy Secretary announced. The figure is the highest daily transit since the US and Israel attacked Iran in February, and close to pre-war levels of around 20 million barrels per day.
Middle East4 min readTrust 55 · Craft 55 · Hype 25
Business & Economy · United StatesTrump administration suspends beef tariffs to lower consumer prices
The Trump administration has temporarily suspended tariffs on up to 300,000 metric tons of imported ground beef. The stated aim is to lower consumer prices, but cattlemen's associations and some ranchers argue this will harm domestic producers and is a short-term fix.
United States3 min readTrust 50 · Craft 60 · Hype 45
Business & Economy · United StatesIndian applications to US colleges fall 14-15%
Applications from Indian students to US colleges have seen a decline of 14% to 15% for the 2025-26 admissions cycle, according to Common App data. This trend contrasts with an overall increase in domestic US applications.
United States3 min readTrust 74 · Craft 85 · Hype 22
Business & Economy · United StatesShell's US Chemical Assets Attract Bids Up to $8 Billion
Shell is seeking to sell its underperforming U.S. chemical plants, which could be worth up to $8 billion. Several major companies, including ExxonMobil and LyondellBasell, have submitted non-binding offers.
United States3 min readTrust 60 · Craft 60 · Hype 20
Business & EconomyCanadian grocers adapt to consumer boycott of US products
Canadian consumers are increasingly boycotting US products, prompting grocers to adapt by enhancing country-of-origin labelling and exploring alternative supply chains. This shift is reshaping supermarket shelves and influencing purchasing decisions.
4 min readTrust 86 · Craft 87 · Hype 15- Business & Economy · United States
Georgia restaurants must disclose foreign shrimp under new law
A new Georgia law mandates restaurants disclose whether shrimp is imported, effective July 2026 but enforceable from January 2027. The measure follows concerns over mislabeling, safety risks in imports, and economic pressure on local shrimpers. DNA tests revealed widespread misrepresentation in coastal eateries.
United States5 min readTrust 65 · Craft 55 · Hype 15 
Business & Economy · Middle EastUS stock futures dip as Middle East strikes and Fed hawkishness weigh on markets
US stock index futures fell on Monday as renewed military attacks between the US and Iran pushed oil prices higher. Federal Reserve Chair Kevin Warsh's hawkish remarks also increased expectations of a September interest rate hike.
Middle East3 min readTrust 42 · Craft 59 · Hype 41
Business & EconomyTrump claims US banks barred from Canada; fact-checkers say false
President Donald Trump claimed U.S. banks are not permitted to operate in Canada. Fact-checkers and industry experts state this is false, with 15 U.S. banks currently operating in Canada under specific regulations.
3 min readTrust 50 · Craft 55 · Hype 15
Business & Economy · United StatesEPA lifts summer fuel rules early to boost US gasoline supply in September 2026
The US Environmental Protection Agency announced a temporary emergency waiver to allow E10 gasoline with higher Reid Vapor Pressure starting 1 September 2026, aiming to increase domestic supply and lower prices. The move, coordinated with the Department of Energy, may raise smog emissions but was not addressed in the EPA’s statement.
United States4 min readTrust 65 · Craft 55 · Hype 35
Business & EconomyLoblaw reintroduces 'T' symbols for tariff-affected goods
Loblaw Cos. Ltd. is reintroducing 'T' symbols on grocery shelf labels to indicate products affected by tariffs. The company is also bringing back country-of-origin labels for fresh produce following customer backlash.
3 min readTrust 42 · Craft 65 · Hype 20- Business & Economy
Porter Airlines cancels flight after child refuses to sit and fasten seatbelt
A Porter Airlines flight from Victoria to Toronto was cancelled after a child refused to sit down and fasten their seatbelt, forcing the aircraft to return to the terminal. The delay caused the flight to miss the airport’s 12:30 a.m. runway closure, leaving passengers rebooked for the following day.
4 min readTrust 52 · Craft 75 · Hype 15 
Business & Economy · United StatesCanada Imposes Tariffs on US Goods in Trade Dispute
Canada has announced retaliatory tariffs on specific US goods, marking a new phase in the ongoing trade dispute between the two countries. The measures were announced on Tuesday.
United States2 min readTrust 30 · Craft 45 · Hype 61
Business & Economy · United StatesUS children's shoe prices rise at fastest rate in 34 years outside pandemic
Children's shoe prices in the US rose 3.2% in the first half of 2026, the fastest increase in 34 years outside pandemic years. Parents report frustration with rising costs and perceived quality declines, while retailers note families are buying fewer pairs or spending more time searching for deals.
United States5 min readTrust 70 · Craft 65 · Hype 15
Business & EconomyLibya oil production halted after valve closure
Members of Libya's Petroleum Facilities Guards unlawfully closed a valve on the main Hamada-Zawiya crude oil pipeline, leading the National Oil Corporation to halt production at three fields. The NOC has warned it may declare force majeure if the situation persists.
3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesUS consumer confidence drops to seven-month low
US consumer confidence fell to its lowest point in seven months in August. The decline is linked to elevated gasoline prices, which have stayed above $4 per gallon due to the conflict in Iran. While views on the present situation improved, the short-term outlook soured.
United States3 min readTrust 42 · Craft 57 · Hype 41- Business & Economy · Latin America
US Negotiates Venezuelan Oil Field Stakes
The United States is in talks with Venezuela to acquire stakes in over a dozen oil fields. The agreement could significantly increase US strategic petroleum reserves, which have fallen to a 40-year low.
Latin America2 min readTrust 43 · Craft 95 · Hype 68
