Economy Desk

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

US Senate chamber where Democrats reintroduced the Cannabis Administration and Opportunity Act

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Senate Democrats reintroduced the Cannabis Administration and Opportunity Act to fully deschedule marijuana on Wednesday. The $44B industry says rescheduling to Schedule III alone did not fix its banking or tax barriers.

July 22, 2026

by Economy Desk

NYSE trading floor with traders and market screens representing Goldman Sachs private markets platform

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

Goldman Sachs launched a private markets investment platform on July 21 giving ultra-wealthy clients structured access to pre-IPO companies like SpaceX and Stripe, formalizing demand that crystallized after the bank led the record $1.75 trillion SpaceX IPO in June.

July 22, 2026

by Economy Desk

General Motors Cadillac luxury vehicles at an unveiling or auto show event

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

General Motors is returning gas vehicles to the Cadillac lineup, ending the brand's all-electric positioning as

Warner Bros iconic water tower at Burbank studio lot

Federal Judge Pauses $111 Billion Paramount-Warner Merger Through August 3

A US federal judge issued a temporary restraining order Monday halting the $111 billion Paramount-Warner Bros.

US Trade Representative Jamieson Greer speaks on the USMCA non-renewal decision, July 1 2026

US Won’t Renew USMCA, Putting North America Trade on Annual Review

US Trade Representative Jamieson Greer announced the United States will not renew USMCA in its current form, triggering an annual review process that hands Washington perpetual leverage over Canada and Mexico's export-dependent

July 2, 2026

Business·Economy·Government and Politics·News

Saudi Arabia's Tadawul Group headquarters representing the kingdom's bid for a domestic metals derivatives exchange

Saudi Arabia Opens Bids for Metals Exchange as Vision 2030 Mining Push Accelerates

Saudi Arabia's Capital Market Authority formally opened a call for proposals to build a domestic metals derivatives exchange, with a deadline of October 31. The move fills a gap Vision 2030's mining

July 2, 2026

Business·Economy·Markets·News

Qatar's Doha skyline representing UAE-led foreign investment inflows in 2025

UAE Leads Qatar’s $3.4bn FDI Inflows, Outpacing US and UK

The UAE emerged as Qatar's largest foreign investor in 2025, contributing $814 million across 73 projects and pushing total FDI to $3.4 billion, the Invest Qatar annual report showed. The UAE and

July 2, 2026

Business·Economy·News

Cryptocurrency wallet addresses linked to ISIS-K terrorist financing sanctioned by OFAC July 2026

U.S. Treasury Sanctions 134 ISIS-K Crypto Wallets as Tether Freezes Terrorist Funds

OFAC sanctioned 134 ISIS-K cryptocurrency wallet addresses on July 1, 2026, and Tether immediately froze 131 Tron-based accounts. Chainalysis traced $1.4 million in donations since 2023, but three Monero addresses remain technically

July 2, 2026

Business·Crypto·News

Tanker ships navigating the Strait of Hormuz as oil prices fall to four-month lows following US-Iran peace talks progress in Doha

Oil Falls Below $71 as Iran Talks Show Progress and Hormuz Traffic Recovers

Brent crude fell below $71 on Thursday as Qatar reported positive progress in US-Iran talks in Doha, erasing most of the war premium that peaked at $126 in April. Analysts warn that

July 2, 2026

Business·Economy·News

Alibaba Pays $600 Million to Close US Drug Sales Probe After Eight Years

Alibaba Group and its US payment processor agreed to pay $600 million to settle a Justice Department investigation that found the company failed to prevent more than 80,000 transactions in pharmaceutical chemicals,

July 2, 2026

Business·Economy·News

Tesla Model Y electric vehicle on a road

Tesla Posts 480,126 Deliveries in Q2 2026, Ending Two-Year Decline as BYD Gap Narrows

Tesla delivered 480,126 vehicles in Q2 2026, beating analyst consensus by nearly 74,000 units and ending two consecutive years of year-over-year decline. The margin question — what Tesla charged per vehicle —

July 2, 2026

Business·News·Technology

Elon Musk, Tesla CEO, as the company reports record Q2 2026 deliveries of 480,126 vehicles

Tesla Delivers 480,126 Vehicles in Q2 2026, Up 25%, but Stock Falls on Margin Uncertainty

Tesla reported 480,126 vehicle deliveries in the second quarter of 2026, a 25 percent jump from a year earlier that cleared Wall Street's expectations. Investors sold the stock anyway — a reaction

July 2, 2026

Business·Economy·News·Technology

US total nonfarm payrolls trend chart through June 2026 showing the deceleration to 57,000 jobs added

America Added 57,000 Jobs in June. Leisure and Hospitality Cut 61,000.

The Bureau of Labor Statistics reported 57,000 new nonfarm payroll jobs in June, the weakest monthly gain in more than a year, as leisure and hospitality shed 61,000 workers during what should

July 2, 2026

Business·Economy·News

Qatar's Doha skyline and business district, representing the country's foreign direct investment growth in 2025

Qatar Drew $3.4 Billion in FDI in 2025 as Greenfield Projects Surged 52%

Foreign companies committed $3.4 billion in capital to Qatar in 2025 as project count surged 52 percent to a record 373, creating 15,051 new jobs, Invest Qatar reported. The results lifted Qatar

July 2, 2026

Business·Economy·News

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Economy Desk

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

Federal Judge Pauses $111 Billion Paramount-Warner Merger Through August 3

US Won’t Renew USMCA, Putting North America Trade on Annual Review

Saudi Arabia Opens Bids for Metals Exchange as Vision 2030 Mining Push Accelerates

UAE Leads Qatar’s $3.4bn FDI Inflows, Outpacing US and UK

U.S. Treasury Sanctions 134 ISIS-K Crypto Wallets as Tether Freezes Terrorist Funds

Oil Falls Below $71 as Iran Talks Show Progress and Hormuz Traffic Recovers

Alibaba Pays $600 Million to Close US Drug Sales Probe After Eight Years

Tesla Posts 480,126 Deliveries in Q2 2026, Ending Two-Year Decline as BYD Gap Narrows

Tesla Delivers 480,126 Vehicles in Q2 2026, Up 25%, but Stock Falls on Margin Uncertainty

America Added 57,000 Jobs in June. Leisure and Hospitality Cut 61,000.

Qatar Drew $3.4 Billion in FDI in 2025 as Greenfield Projects Surged 52%

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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