Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
259 stories · page 8 of 13
Divergence, source breadth, recency and a broader regional mix.
Business & Economy · United StatesTrump imposes 50% tariffs on Canadian imports, Canada vows retaliation
President Donald Trump has imposed 50% tariffs on $20 billion of Canadian imports, prompting a promise of matching retaliatory measures from Canada. The trade dispute has been marked by executive orders, legal battles over presidential authority, and shifting negotiation tactics.
United States3 min readTrust 42 · Craft 61 · Hype 20
Business & Economy · Latin AmericaUS firm to take over Venezuelan oilfields from Chinese and Russian companies
A U.S.-backed company, North American Blue Energy Partners, is set to take over oilfields in Venezuela previously operated by Chinese and Russian firms. The deal grants the U.S. government a significant stake and preferential access to production.
Latin America4 min readTrust 78 · Craft 65 · Hype 15
Business & Economy · United StatesUS federal deficit hits $432bn in July, fiscal year gap reaches $1.8tn
The US federal budget deficit reached $432 billion in July, a record for the month, pushing the fiscal year-to-date gap to $1.799 trillion. Higher outlays and reduced tariff revenues drove the increase, with calendar shifts adding $99 billion to July spending.
United States4 min readTrust 74 · Craft 77 · Hype 15
Business & EconomyHugging Face Explores Sale at Over $13 Billion Valuation
AI platform Hugging Face is exploring a sale at a valuation of at least $13 billion, according to reports. This comes after the company was valued at $4.5 billion in 2023. The potential sale could reshape the AI landscape.
3 min readTrust 60 · Craft 55 · Hype 20- Business & Economy · United States
Tyler Herro joins Milwaukee Bucks, dismisses contract concerns
Tyler Herro, a Milwaukee-area native, has returned to his hometown team after the Bucks acquired him in a trade that sent Giannis Antetokounmpo to the Miami Heat. Herro, who has one year left on his contract, said he is not focused on his free agency after the 2026-27 season and is eager to help the Bucks rebuild after a 32-50 season in 2025-26.
United States4 min readTrust 62 · Craft 51 · Hype 20 
Business & Economy · Middle EastMiddle East conflict pushes oil prices higher, Asian markets mixed
Asian shares and U.S. futures showed mixed performance on Tuesday as escalating conflict in the Middle East, driven by Houthi attacks on Saudi facilities, pushed oil prices higher. China reported a significant jump in exports for August.
Middle East3 min readTrust 42 · Craft 61 · Hype 41
Business & Economy · Middle EastFire at Zawiya oil depot in Libya destroys 4.5m litres of gasoline
A fire broke out on 10 August 2026 at diesel tank No. 402 at Libya’s Zawiya oil depot, destroying an estimated 4.5 million litres of gasoline. The cause remains unknown, and no casualties were reported. The blaze followed a drone strike at the same refinery two days earlier.
Middle East4 min readTrust 74 · Craft 85 · Hype 15
Business & Economy · United StatesSapporo Breweries plans to shift non‑alcoholic beer production from Canada to the US in 2027
Sapporo Breweries Ltd. will move production of its non‑alcoholic beer from the Sleeman facility in Guelph to a US site in the first half of 2027. The shift responds to 50 % tariffs on Canadian beer exports, though the company says the relocation is not yet finalised.
United States2 min readTrust 86 · Craft 95 · Hype 15
Business & Economy · United StatesUS Strategic Petroleum Reserve falls to 40-year low below 300 million barrels
The US Strategic Petroleum Reserve has dropped below 300 million barrels for the first time since 1983, reaching its lowest level in over 40 years. The drawdown, aimed at stabilising fuel prices during the Iran war, has raised concerns about cavern integrity and future emergency response capacity.
United States5 min readTrust 74 · Craft 58 · Hype 32
Business & Economy · Middle EastOil Prices Dip Ahead of New US Sanctions on Iran
Oil prices declined as investors anticipated the announcement of new US sanctions against Iran. US Treasury Secretary Scott Bessent is set to reveal the measures, which Iran has dismissed. Asian stock markets remained flat.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · Middle EastTrump announces new Iran sanctions plan as oil prices rise
US President Donald Trump announced plans for new Iran sanctions on 24 August 2026, describing them as the 'most powerful economic isolation' in history. Brent crude futures rose 2.36% to $93.78, while WTI futures climbed 2.33% to $87.83. Right-rated outlets led on the oil price surge and Trump’s warnings to third countries aiding Iran.
Middle East5 min readTrust 58 · Craft 55 · Hype 45
Business & Economy · Middle EastOil Prices Surge Past $102 Amid Escalating US-Iran Conflict
Oil prices climbed past $102 a barrel as the conflict between the US and Iran intensified. Goldman Sachs warned of potential surges above $120, while White House advisors reportedly discussed the conflict's potential to last through President Trump's term.
Middle East4 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United StatesFederal Reserve Hikes Interest Rate for First Time in Three Years
The U.S. Federal Reserve has raised its key interest rate by 25 basis points, marking the first such increase in over three years. The unanimous decision aims to combat inflation, and was followed by a significant drop in gold prices.
United States3 min readTrust 42 · Craft 45 · Hype 41
Business & Economy · Latin AmericaTrump announces US control of 65 billion barrels of Venezuelan oil
US President Donald Trump announced an agreement with Venezuela granting the United States majority control over more than 65 billion barrels of the country's oil reserves. Trump described the deal as the largest in world history, predicting it would increase US reserves and reduce fuel prices.
Latin America4 min readTrust 42 · Craft 57 · Hype 68
Business & EconomyCanada and U.S. extend trade deadline as provinces split on U.S. alcohol return
Canada and the U.S. delayed new tariffs by three days as negotiations continue. Provinces agreed to return U.S. alcohol to shelves, except Manitoba, where Premier Wab Kinew urged Canadians to boycott it. Alberta and Saskatchewan already restocked.
5 min readTrust 50 · Craft 55 · Hype 35
Business & Economy · United StatesUS stock indexes fall at open on bond yield rebound and Walmart sales miss
US stock markets opened lower on 20 August 2026 after government bond yields rebounded and Walmart reported weaker-than-expected sales. The Dow Jones fell 81.8 points, the S&P 500 dropped 17.5 points, and the Nasdaq declined 119.6 points. Oil prices rose over 2% following President Trump’s threats to Iran.
United States4 min readTrust 65 · Craft 75 · Hype 15- Business & Economy · Asia-Pacific
US Treasury debt buybacks lift Asian markets, South Korea’s Kospi jumps 6%
Asian markets rose after the US Treasury announced it would at least double planned purchases of longer-term government debt, lowering bond yields. South Korea’s Kospi surged 6.1%, Japan’s Nikkei gained 1.3%, and oil prices edged higher amid stalled US-Iran negotiations.
Asia-Pacific5 min readTrust 85 · Craft 95 · Hype 10 
Business & EconomyApple Removes Then Restores Telegram on iOS App Store Over CSAM Content
Apple removed Telegram from the iOS App Store globally after a review found child sexual abuse material, then restored it once the content was deleted and the user banned. Existing installations continued to work during the removal.
4 min readTrust 70 · Craft 55 · Hype 35
Business & Economy · United StatesSchumer to introduce bill to repeal Trump tariffs on Canada
U.S. Senate Minority Leader Chuck Schumer plans to introduce a bill to stop President Donald Trump's latest tariffs on Canadian goods. The legislation, described as largely symbolic, aims to repeal a 50% tariff and duties related to forced labour. Canada plans retaliatory measures.
United States4 min readTrust 65 · Craft 60 · Hype 15
Business & Economy · IndiaApple Launches Foldable iPhone Duo, iPhone 18 Series
Apple has launched its first foldable smartphone, the iPhone Duo, at its 'Surprise and Shine' event. The company also introduced the iPhone 18 Pro and iPhone 18 Pro Max. This marks the first major product launch under new CEO John Ternus.
India4 min readTrust 42 · Craft 57 · Hype 41