Economy Desk

Covering markets, economic policy, inflation, and business news that shapes financial decisions.

FAA Restores Boeing’s Self-Certification for 737 MAX and 787 Jets, Starting July 20

The FAA will allow Boeing to resume issuing airworthiness certificates for 737 MAX and 787 jets starting July 20 after eight months of shared inspections showed comparable quality results. FAA monitoring and

July 18, 2026

by Economy Desk

Iraqi Prime Minister Ali al-Zaidi at the US-Iraq Washington business summit 2026

Iraq Signs $60bn in Energy Deals With Chevron, Plans Pipeline to Bypass Hormuz

Iraq signed over $60 billion in preliminary deals at a Washington summit Thursday, headlined by Chevron's agreement to rebuild the Kirkuk-Baniyas pipeline through Syria and give Baghdad an oil route bypassing the disrupted Hormuz strait.

July 18, 2026

by Economy Desk

Apple retail store in Paris as Apple reclaims world's most valuable company title from Nvidia

Apple Reclaims World’s Most Valuable Company Title as Nvidia Slides 3.5%

Apple overtook Nvidia on Friday to reclaim the world's most valuable company title after Nvidia's stock

Airport departure board showing flight times affected by daylight saving time changes

Airlines Warn Permanent Daylight Saving Time Needs Two Years to Implement

Airlines for America warned Congress this week that making daylight saving time permanent could take up

India's NaMo Green Rail hydrogen-powered train at Jind station in Haryana

India Launches NaMo Green Rail, Joining Five-Nation Hydrogen Train Club

Prime Minister Modi inaugurated India's first hydrogen-powered train on Friday, the NaMo Green Rail, starting service between Jind and Sonipat in Haryana. The launch makes India the fifth country to operate zero-emission

July 17, 2026

Climate·News·Technology

Oil pipeline terminal at Turkey's Ceyhan port representing the broader Kirkuk pipeline infrastructure corridor linking Iraqi oil to the Mediterranean

US and Chevron Back Iraq-Syria Pipeline to Bypass Strait of Hormuz

Iraq's oil exports have collapsed 60 percent since the Hormuz closure, costing Baghdad hundreds of millions of dollars weekly. The US and Chevron are backing a $4.5-8 billion revival of the Kirkuk-Baniyas

July 17, 2026

Business·Economy·News

The Marriner S. Eccles Federal Reserve Building in Washington DC where monetary policy decisions affecting US mortgage rates are made

US Mortgage Rates Hit 11-Month High at 6.55% as Middle East Lifts Treasury Yields

The 30-year fixed mortgage rate reached 6.55 percent this week, the highest since August 2025, as renewed Middle East conflict pushed oil prices and Treasury yields higher despite cooling June inflation data.

July 17, 2026

Business·Economy·Markets·News

SpaceX Falcon 9 rocket with Dragon spacecraft for NASA Crew-10 mission

SpaceX Shares Dip Below IPO Price as Losses Mount and China Closes In

SpaceX (Nasdaq: SPCX) briefly traded below its $135 IPO price Wednesday, the first breach since June's record listing. The company's $4.9 billion 2025 net loss and China's new reusable rocket program have

July 17, 2026

Business·Markets·News

Netflix co-CEO Ted Sarandos at earnings presentation Q2 2026

Netflix Hits 52-Week Low After Revenue Miss and Fewer Engagement Updates

Netflix (NFLX) fell to a 52-week low after missing second-quarter revenue by $20 million and announcing it will publish fewer updates on viewer engagement data. The stock dropped about 9 percent after-hours

July 17, 2026

Business·Entertainment·Markets·News

The main building of the Moscow Exchange (MOEX) in central Moscow

Moscow Exchange Falls Below 2,000 Points for First Time Since October 2022

Russia's main equity benchmark fell below 2,000 points on Thursday evening for the first time since October 2022, when Western sanctions and partial military mobilisation were forcing a fundamental repricing of Russian

July 17, 2026

Business·Markets·News

US President Donald Trump meets Brazilian President Luiz Inacio Lula da Silva at the ASEAN Summit in Kuala Lumpur Malaysia 2025

Trump Imposes 25% Tariffs on Brazil Over Big Tech Dispute, Lula Vows WTO Fight

The Trump administration imposed 25 percent tariffs on thousands of Brazilian imports on Thursday, citing Brazilian court orders directing American technology firms to remove political content, effective July 22. Brazil called the

July 17, 2026

Business·Economy·News

Oil tanker in the Strait of Hormuz region Brent crude July 2026

Brent Crude Crosses $87 for First Time Since June 12 as Oil Market Keeps Climbing

Brent crude topped $87 a barrel on Tuesday, clearing a level not seen since June 12, as the market extended a rally built on OPEC+ supply discipline and a sustained Middle East

July 14, 2026

Business·Economy·Markets·News

Riyadh King Abdullah Financial District skyline with Kingdom Tower, Saudi Arabia

World Bank Names Saudi Arabia a Development Knowledge Exporter as Unemployment Hits 2.8%

The World Bank's chief knowledge officer told Asharq Al-Awsat that Saudi Arabia has become a net exporter of development knowledge, with a 2.8% unemployment rate, 67.1% labor force participation, and a new

July 14, 2026

Business·Economy·News

General Fusion's LM26 magnetized target fusion device under assembly at the company's Burnaby facility

General Fusion Becomes First Publicly Traded Nuclear Fusion Company in Nasdaq Debut

General Fusion began trading on Nasdaq Monday under the ticker GFUZ, climbing 40 percent on its debut to become the first nuclear fusion company listed on a public stock exchange. The listing

July 13, 2026

Business·Markets·News·Science

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Economy Desk

FAA Restores Boeing’s Self-Certification for 737 MAX and 787 Jets, Starting July 20

Iraq Signs $60bn in Energy Deals With Chevron, Plans Pipeline to Bypass Hormuz

Apple Reclaims World’s Most Valuable Company Title as Nvidia Slides 3.5%

Airlines Warn Permanent Daylight Saving Time Needs Two Years to Implement

India Launches NaMo Green Rail, Joining Five-Nation Hydrogen Train Club

US and Chevron Back Iraq-Syria Pipeline to Bypass Strait of Hormuz

US Mortgage Rates Hit 11-Month High at 6.55% as Middle East Lifts Treasury Yields

SpaceX Shares Dip Below IPO Price as Losses Mount and China Closes In

Netflix Hits 52-Week Low After Revenue Miss and Fewer Engagement Updates

Moscow Exchange Falls Below 2,000 Points for First Time Since October 2022

Trump Imposes 25% Tariffs on Brazil Over Big Tech Dispute, Lula Vows WTO Fight

Brent Crude Crosses $87 for First Time Since June 12 as Oil Market Keeps Climbing

World Bank Names Saudi Arabia a Development Knowledge Exporter as Unemployment Hits 2.8%

General Fusion Becomes First Publicly Traded Nuclear Fusion Company in Nasdaq Debut

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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