Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
386 stories · page 7 of 19
Divergence, source breadth, recency and a broader regional mix.
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 & EconomyAlstom Halves Profit Forecasts Amid Production Woes
French railway manufacturer Alstom has significantly lowered its annual and semi-annual profit forecasts, citing production difficulties with its Coradia Max project for Germany. The company's stock price fell sharply following the announcement, and it plans operational overhauls and debt reduction.
3 min readTrust 42 · Craft 60 · Hype 41
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- Business & Economy
Brent crude price falls below $100 a barrel
The price of Brent crude oil dropped below $100 a barrel on Tuesday, reaching its lowest point since September 8. This decline coincided with Wall Street stocks nearing record highs, as oil prices have now fallen for four consecutive days.
2 min readTrust 42 · Craft 55 · Hype 41 
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 StatesShein to pay $100m to settle US FTC trade probe
Fast-fashion giant Shein has agreed to pay $100 million to resolve a US Federal Trade Commission probe. The settlement follows over 12,000 consumer complaints regarding purchases and comes amid increasing regulatory pressure in Europe and the US.
United States3 min readTrust 60 · Craft 95 · Hype 15- 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 StatesDollar Steady, Bitcoin Recovers Slightly After Binance Hack
The US dollar remained stable against a basket of currencies as investors awaited the outcome of the midterm elections. Bitcoin saw a slight recovery following a significant hack at the Binance exchange, which led to substantial withdrawals.
United States3 min readTrust 68 · 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 · United StatesBayer to build $2.2bn Ohio plant creating 600 jobs
Bayer will invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, creating approximately 600 high-value jobs and 1,500 construction jobs. The facility is expected to be operational in phases starting in 2031.
United States3 min readTrust 60 · Craft 60 · Hype 20
Business & Economy · European UnionVolvo Cars to cut 2,500 jobs globally
Volvo Cars announced it will eliminate approximately 2,500 jobs worldwide, with about 2,000 of those positions in Sweden. The company cited a third-quarter net loss, attributing it to US tariffs and declining sales in China.
European Union3 min readTrust 86 · Craft 80 · Hype 12
Business & Economy · United StatesOlder Americans Wealthiest as Youngest Families See Wealth Decline
Families headed by individuals aged 75 and older are now the wealthiest in the US, according to a Federal Reserve survey. The youngest families experienced a decline in wealth over the past three years, while the proportion of Americans struggling with debt payments rose.
United States2 min readTrust 42 · Craft 61 · Hype 20
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 & Economy · United StatesUS and China discuss cutting LNG tariffs before Xi visit
The United States and China are in discussions regarding the potential reduction or elimination of Chinese tariffs on American liquefied natural gas (LNG). These talks are part of a larger energy and agriculture agreement package that may be revealed during Chinese President Xi Jinping's upcoming visit to Washington.
United States1 min readTrust 42 · Craft 45 · 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.
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Business & Economy · United StatesUS Consumers Anxious Over AI-Driven Pricing Methods
US consumers are increasingly frustrated and confused by high-tech pricing strategies used by retailers and restaurants. The adoption of digital price tags and AI tools for price setting is raising concerns about transparency and personalized costs.
United States3 min readTrust 42 · Craft 57 · Hype 41![A person shops for cheese at Atwater Market in Montreal, Quebec, Canada, on March 9, 2025 [File: Graham Hughes/Reuters]](https://www.aljazeera.com/wp-content/uploads/2026/10/reuters_6ad7d2eb-1792529131.jpg?resize=1920%2C1440)
Business & Economy · United StatesGellert Global Group sues Trump over 50% Canadian tariffs in US trade court
Gellert Global Group filed a lawsuit on 20 October 2026 in the US Court of International Trade, contesting President Trump’s 50 percent tariffs on Canadian goods and alleging unlawful use of Section 338 of the 1930 Tariff Act after paying more than $520,000 in duties.
United States3 min readTrust 86 · Craft 95 · Hype 15- Business & Economy · European Union
Tens of thousands protest rising costs and housing crisis in Lisbon
Tens of thousands marched in Lisbon on 17 October 2026 to protest soaring living costs and a deepening housing crisis. Portugal's inflation was 3.6% in September, with fuel prices up 15% year-on-year. House prices have more than doubled since 2017.
European Union3 min readTrust 68 · Craft 87 · Hype 15
