Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
259 stories · page 7 of 13
Divergence, source breadth, recency and a broader regional mix.
Business & EconomyGas prices expected to surge Wednesday and Thursday
Gasoline and diesel prices are expected to increase significantly on Wednesday and Thursday, with analysts pointing to ongoing conflicts in Ukraine and Iran as primary drivers. The U.S. average diesel price has reached $6.301 per gallon, and gasoline is at $4.355 per gallon.
3 min readTrust 60 · Craft 67 · Hype 48
Business & Economy · United StatesMichigan Gas Prices Rise 32 Cents in a Week
Gasoline prices in Michigan increased by 32 cents per gallon over the past week, marking the largest rise of any U.S. state during that period. This significant jump has been noted as one of the largest weekly increases in months.
United States1 min readTrust 56 · Craft 87 · Hype 15
Business & Economy · United StatesParamount seeks $1.88bn bond from state AGs to cover Warner Bros merger delay costs
Paramount Skydance asked a U.S. judge to require 12 state attorneys general to post a $1.88 billion bond to cover costs of delaying its $110 billion merger with Warner Bros Discovery. The states sued in July 2026, alleging antitrust violations, and a trial is set for March 2027.
United States5 min readTrust 78 · Craft 65 · Hype 15
Business & Economy · United KingdomTravelodge staff gave abuser key to woman's room after similar 2022 attack
A woman was attacked in her London Travelodge room after reception staff gave her abuser a key. The chain apologised and said its room-access policy was not followed. A man jailed in 2024 for a similar attack in Maidenhead had also been given a key by staff.
United Kingdom4 min readTrust 33 · Craft 85 · Hype 30
Business & Economy · United StatesEEOC drops subpoena enforcement against Nike over diversity policies
The US Equal Employment Opportunity Commission moved to dismiss its subpoena enforcement action against Nike, stating the company provided documents and information between March and August 2026. The investigation, initiated by EEOC Chair Andrea Lucas, focused on Nike’s diversity and inclusion policies and employment decisions.
United States4 min readTrust 74 · Craft 51 · Hype 20- Business & Economy · Middle East
Saudi Arabia Shuts East-West Oil Pipeline After Drone Attacks
Saudi Arabia has shut its 1,200-kilometre East-West oil pipeline following drone attacks launched from Iraq. The closure removes a key route for oil exports, potentially impacting four percent of global supply and driving up crude prices.
Middle East3 min readTrust 86 · Craft 95 · Hype 28 
Business & Economy · United KingdomHealey announces £150m fund for northern firms
Chancellor John Healey is set to announce a £150 million fund aimed at supporting fast-growing firms in the North of England. The initiative, drawn from the British Business Bank's existing budget, is intended to foster economic growth and support ambitious businesses, including university spin-outs.
United Kingdom3 min readTrust 42 · Craft 61 · Hype 20- Business & Economy
Indonesia Plans Quadrupled Alumina Output Using Coal Power
Indonesia plans to quadruple its alumina output and dramatically increase aluminum production by 2030, using coal-fired power plants. This expansion comes as the Iran war disrupts global supply chains and raises prices for the metal.
4 min readTrust 55 · Craft 55 · Hype 25 
Business & EconomyBarclays forecasts two US Federal Reserve rate hikes
Barclays now anticipates the US Federal Reserve will raise interest rates by 25 basis points in both September and December. This change follows recent remarks from Fed Chair Kevin Warsh that suggested a more hawkish monetary policy outlook.
3 min readTrust 60 · Craft 60 · Hype 20
Business & Economy · Middle EastHouthis attack Saudi energy sites, wounding 73; oil prices surge
Houthis attacked energy facilities in Saudi Arabia, wounding 73 people and causing oil prices to rise sharply. Shipping traffic through the Strait of Hormuz slowed amid heightened regional tensions and Iranian threats against the United States.
Middle East3 min readTrust 60 · Craft 60 · Hype 45
Business & Economy · ChinaAnthropic Disrupts Russian Cyber Espionage and Chinese AI Model Theft
Anthropic has disrupted multiple attempts to misuse its Claude AI models. This includes a suspected Russian cyber-espionage campaign and efforts by Chinese AI firms to extract and replicate Claude's capabilities through a process called model distillation.
China5 min readTrust 60 · Craft 65 · Hype 45
Business & EconomyPanama Canal to Limit Ship Transits Due to Drought
The Panama Canal Authority will reduce the number of daily ship transits beginning in September, citing low rainfall and the anticipated effects of a severe El Niño event. This decision reverses a previous commitment not to restrict passage.
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Business & Economy · United KingdomNissan to invest £170m in Sunderland plant for new Kicks SUV
Nissan will invest £170 million in its Sunderland plant to produce the Kicks e-POWER hybrid SUV for Europe. The model will be built alongside the Qashqai, Juke, and LEAF, marking a significant investment for the plant's 40th anniversary year.
United Kingdom3 min readTrust 60 · Craft 65 · Hype 20
Business & Economy · ChinaHuawei Plans Four New AI Chips Over Three Years
Huawei has announced plans to release four new Ascend AI chips within the next three years, aiming to compete with Nvidia. The Ascend 950 chip will feature proprietary high-bandwidth memory, a key technological advancement for China. The company also plans new computing power supernodes.
China3 min readTrust 60 · Craft 61 · Hype 41
Business & EconomyWTO reform failure could shrink global GDP by 10% by 2050
Failure to reform the World Trade Organization could reduce global GDP by approximately 10% by 2050, according to a new WTO report. The organization faces challenges from geopolitical tensions and shifts in trade dynamics.
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Business & Economy · United StatesPETA to Meet CFDA CEO After NY Fashion Week Altercation
PETA plans to meet with Steven Kolb, CEO of the Council of Fashion Designers of America, after he was filmed restraining two protesters at New York Fashion Week. Kolb has apologized for the incident and is currently on leave.
United States3 min readTrust 42 · Craft 85 · Hype 15
Business & Economy · Middle EastSix EU Countries Seek Tax on Oil Company Windfall Profits
Six European Union countries have formally requested the introduction of an EU-wide tax on exceptional profits made by oil companies. The ministers argue that these companies are experiencing profit margins that outpace the rise in crude oil prices, exacerbated by the Middle East conflict.
Middle East4 min readTrust 60 · Craft 65 · Hype 45
Business & Economy · RussiaRussians withdraw $3.4bn from banks in August 2026 over asset seizure fears
Russians withdrew nearly $3.4 billion from banks in the first two weeks of August 2026, following $11.8 billion in June and July. The outflows, driven by fears of Kremlin asset seizures to fund the war in Ukraine, have strained Russian banks and raised concerns over the country’s ability to finance its military spending.
Russia5 min readTrust 78 · Craft 75 · Hype 25- Business & Economy · United States
Mexico resumes cattle exports to US after screwworm halt
Mexico has restarted live cattle exports to the United States after a nearly two-year suspension. The halt was due to a screwworm outbreak, which has affected both countries and led to increased beef prices in the US.
United States3 min readTrust 42 · Craft 61 · Hype 20 
Business & Economy · United StatesCanadian bank CEOs call trade tensions 'manageable'
Leaders of Canada's major banks, including Scotiabank CEO Scott Thomson and BMO CEO Darryl White, have described the escalating trade tensions with the United States as 'manageable.' They made these remarks while reporting third-quarter financial results, suggesting the fundamentals of the Canadian economy remain strong.
United States4 min readTrust 60 · Craft 65 · Hype 20
