Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
385 stories · page 5 of 19
Divergence, source breadth, recency and a broader regional mix.
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 & EconomyInceptio Oil and Gas misses Nova Scotia exploration payment deadline
Inceptio Oil and Gas failed to meet a deadline for a $52 million deposit payment for offshore exploration licences in Nova Scotia. CEO James Edens cited regulatory hurdles and financing issues, calling the situation a setback for the province's offshore development goals.
3 min readTrust 50 · Craft 60 · Hype 20
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 EastSaudi Arabia Cancels European Oil Deliveries After Pipeline Attack
Saudi Aramco has cancelled or delayed crude oil deliveries to European refiners. The disruption follows an attack on the kingdom's East-West pipeline, a key route for bypassing the Strait of Hormuz.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
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 & Economy · United StatesReflecting Pool liner failed in 85 places
An inspection report found the Lincoln Memorial Reflecting Pool's liner failed in at least 85 places. The damage is attributed to a rushed renovation to meet a July 4 anniversary deadline, with costs exceeding $17 million.
United States3 min readTrust 86 · Craft 85 · Hype 30
Business & Economy · United StatesCostco, Conoco offer lowest gas prices in Idaho Falls
Costco and Conoco offered the lowest regular fuel price at $4.78 in Idaho Falls, according to a Stacker report. The list ranks gas stations by price and includes addresses.
United States1 min readTrust 74 · Craft 67 · Hype 12
Business & EconomyLibya reopens Sharara-Zawiya oil pipeline after five-day closure
Libya's National Oil Corporation has reopened the Sharara-Zawiya oil pipeline after it was closed for five days by an armed group. The closure is estimated to have cost the country $95 million in lost revenue and led to a shutdown of a refinery unit.
3 min readTrust 42 · Craft 61 · Hype 20
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 & EconomyAsian Markets Open Cautiously as Oil Prices Ease
Asian stock markets began the week with caution as oil prices retreated from recent highs. Investors are focused on upcoming central bank meetings and corporate earnings reports that will shape market sentiment.
3 min readTrust 58 · Craft 60 · Hype 20
Business & Economy · Middle EastGoldman Sachs lifts 2026 Brent forecast to $105, sees $140 potential
Goldman Sachs has increased its oil price forecasts, projecting Brent crude could reach $105 per barrel by December 2026. The bank also warned of a potential surge to $140 in 2027 under specific supply disruption scenarios.
Middle East3 min readTrust 70 · Craft 95 · 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 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
Business & Economy · European UnionDeutsche Telekom aims for €2.5bn savings via AI by 2030
Deutsche Telekom expects to save around €2.5 billion in indirect costs by 2030 through increased use of artificial intelligence and automation. The company also plans to invest in Germany's digital infrastructure and aims to grow AI-related revenue.
European Union2 min readTrust 62 · Craft 70 · Hype 18
Business & Economy · European UnionEuropean stocks rise as healthcare gains offset fiscal concerns
European shares reached near one-week highs on Tuesday, with the STOXX 600 index rising 0.8%. Healthcare stocks, particularly Danish biotech firm Genmab, drove the gains. The euro, however, stayed close to a 17-month low due to political uncertainty.
European Union3 min readTrust 56 · Craft 85 · Hype 15
Business & Economy · United StatesFord Foundation to Prioritize Democracy Funding
The Ford Foundation, with an $18 billion endowment, announced a new strategic direction to increase funding for democratic governance and related areas. President Heather Gerken stated that protecting marginalized communities relies on fundamental democratic structures.
United States3 min readTrust 74 · Craft 95 · Hype 18
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
