Politics

Crypto executive loses bid to block extradition to US on fraud charges

The case could set a precedent for using mental health defenses in extradition, impacting global crypto enforcement and investor risk strategies.

1 month ago · By EDITORIAL TEAM

Meta agrees to pay $16B to settle claims from states over child harm

The settlement sets a precedent for tech accountability, potentially reshaping platform designs to prioritize user welfare over engagement metrics.

1 month ago · By EDITORIAL TEAM

Scott Bessent’s surprise moves show early signs of market impact

Bessent's strategy highlights the challenges of managing national debt and interest rates, potentially prompting broader fiscal policy shifts.

1 month ago · By EDITORIAL TEAM

Iran and Oman reportedly discuss temporary Hormuz shipping corridor

The ongoing closure of the Strait of Hormuz exacerbates global energy market volatility, highlighting geopolitical tensions and economic risks.

1 month ago · By EDITORIAL TEAM

Latest

S&P 500 seen hitting 7,900 by end of 2026, says Reuters poll

Aug. 26, 2026

S&P 500 seen hitting 7,900 by end of 2026, says Reuters poll

The upward revision in S&P 500 forecasts highlights optimism in AI-driven growth, yet underscores uncertainty about sustaining earnings momentum.

By EDITORIAL TEAM

Court rules liquidators can pursue PwC globally over Evergrande collapse

Aug. 26, 2026

Court rules liquidators can pursue PwC globally over Evergrande collapse

The ruling could set a precedent for holding global auditing firms accountable for their roles in major corporate collapses, impacting future audits.

By EDITORIAL TEAM

ANZ forecasts RBA to raise cash rate by 25bps in November

Aug. 26, 2026

ANZ forecasts RBA to raise cash rate by 25bps in November

A surprise rate hike could strengthen the Australian dollar, elevate bond yields, and strain the housing market, impacting economic stability.

By EDITORIAL TEAM

Indian refiners cut Russian crude purchases as Ukrainian attacks disrupt flows

Aug. 26, 2026

Indian refiners cut Russian crude purchases as Ukrainian attacks disrupt flows

India's reduced Russian crude imports amid Ukrainian attacks highlight vulnerabilities in global oil supply chains, impacting economic stability.

By EDITORIAL TEAM

US consumer spending has outpaced disposable income for 24 consecutive months

Aug. 25, 2026

US consumer spending has outpaced disposable income for 24 consecutive months

Persistent overspending amid stagnant income growth risks economic instability, with low savings and high debt levels threatening future resilience.

By EDITORIAL TEAM

Trump administration discusses new trade penalties against Canada

Aug. 25, 2026

Trump administration discusses new trade penalties against Canada

The escalating trade tensions could disrupt the deeply integrated US-Canada supply chains, impacting businesses and consumers significantly.

By EDITORIAL TEAM

US naval blockade forces Iranian tankers to anchor off Sri Lanka and Malaysia as crude exports halt

Aug. 25, 2026

US naval blockade forces Iranian tankers to anchor off Sri Lanka and Malaysia as crude exports halt

The US blockade disrupts global oil markets, heightening geopolitical tensions and economic strain, with potential ripple effects on energy prices.

By EDITORIAL TEAM

Canada matches US tariffs imposed by President Trump, escalating North American trade war

Aug. 25, 2026

Canada matches US tariffs imposed by President Trump, escalating North American trade war

The escalating tariffs strain North American trade, risking higher consumer prices and economic instability amid unresolved diplomatic tensions.

By EDITORIAL TEAM

Canada doubles tariffs on US steel and aluminum to 50%

Aug. 25, 2026

Canada doubles tariffs on US steel and aluminum to 50%

The escalation in tariffs could strain US-Canada trade relations, disrupt supply chains, and impact industries reliant on cross-border goods.

By EDITORIAL TEAM

Federal Reserve’s Barkin warns rising debt may deter investors from buying US bonds

Aug. 25, 2026

Federal Reserve’s Barkin warns rising debt may deter investors from buying US bonds

Rising US debt levels could lead to higher borrowing costs, impacting economic growth and complicating inflation control efforts.

By EDITORIAL TEAM