Economy Desk

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

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

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 US luxury EV demand falls short of projections. The move follows GM's Q2 results showing 43% North America profit growth driven by combustion trucks

July 22, 2026

by Economy Desk

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.

Disney Hollywood Studios featuring Pixar branding as the animation studio faces hundreds of job cuts in 2026

Disney Cuts Hundreds of Jobs at Pixar and ESPN in Third Layoff Round of 2026

Walt Disney Co. is cutting several hundred jobs at Pixar, ESPN, and National Geographic in its

Indian Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi at Hyderabad House New Delhi during the India-Japan bilateral summit July 2026

Japan and India Seal $12.5 Billion in Investment Deals as Takaichi Visits New Delhi

150 Japanese companies signed memoranda committing $12.5 billion across 120 deals at the Modi-Takaichi summit in New Delhi, the largest single-session commercial investment commitment from Japan to India in recent years. The

July 2, 2026

Business·Economy·News

U.S. Canada and Mexico officials at USMCA renegotiation talks as the United States declined to extend the trade pact

Trump Declines to Renew CUSMA, Starting a 10-Year Clock on North American Trade

Washington let the CUSMA renewal deadline pass on July 1, triggering a 10-year expiry clock on $1.9 trillion in annual North American trade. The U.S. demand for 50 percent American car content

July 2, 2026

Business·Economy·News

Vessels at the Strait of Hormuz as seen from Musandam Oman amid UAE oil export surge to near 2017 highs

UAE Oil Exports Near 2017 Highs as OPEC Exit and Postwar Rebound Test Global Markets

UAE crude exports surged 30% to nearly 3.9 million barrels per day in June, approaching highs not seen since 2017, as the Emirates leverages its Hormuz bypass infrastructure and its May exit

July 2, 2026

Business·Economy·News

China's 2026 Outbound Direct Investment Regulation enacted by State Council on July 2

China’s New Investment Law Gives Beijing Power to Retaliate Against Foreign Trade Barriers

China's 2026 Outbound Direct Investment Regulation, effective Wednesday, gives Beijing legal authority to probe foreign trade barriers and impose retaliatory measures, a move that arrives as Western nations have spent two years

July 2, 2026

Business·News

Oil tankers transit the Strait of Hormuz as Brent crude falls to its lowest since the Iran war began

Markets See a Durable Iran Ceasefire. Trump’s Ex-NSA Sees an Iranian Win.

Brent crude fell to $70.65 on Wednesday, its lowest since the Iran war began, as Trump's former national security adviser H.R. McMaster said Iran is "getting everything it wanted" in the ceasefire

July 2, 2026

Business·Economy·News

Pea starch powder illustrating the China-Canada agricultural trade dispute after Beijing imposed a 73.5% anti-dumping cash deposit effective June 30 2026

China Hits Canadian Pea Starch With 73.5% Deposit as Bilateral Trade Thaw Ends

Canada's pea starch exporters face a 73.5% cash deposit on China shipments after Beijing issued a preliminary anti-dumping determination on June 30. The ruling closes a market Canada built over a decade,

July 2, 2026

Business·News

Oil storage tanks and refinery infrastructure representing Brent crude Q2 2026 price collapse

Oil’s Worst Quarter Since 2008 Cuts UAE Petrol 14% as Iran Deal Remains Unfinished

Brent crude posted its largest quarterly loss since the 2008 financial crisis in Q2 2026, down roughly $45 a barrel, as Iran-US talks in Doha stalled short of a signed deal and

July 2, 2026

Business·Economy·News

Qatar FDI annual report 2025 Invest Qatar results foreign direct investment

Qatar Drew $3.4 Billion in Foreign Investment in 2025 as Project Count Jumped 52%

Qatar attracted $3.4 billion in FDI in 2025, with project count up 52% to 373 and 15,051 jobs created as greenfield capital dominated, Invest Qatar reported. The results open questions about investor

July 2, 2026

Business·Economy·News

Dubai and UAE urban skyline with modern high-rise buildings reflecting economic growth

Dubai Inflation Hits 5.5% in May, Driven by Iran War Petrol Surge

Dubai consumer prices rose 5.5 percent in May, fastest since before the pandemic, driven by Iran war petrol costs and persistent housing pressure. Emirates NBD expects inflation to moderate to 2.9 percent

July 2, 2026

Business·Economy·News

Saudi Arabia's Public Investment Fund in Riyadh reports record $1.21 trillion in assets and doubled net profit for 2025

Saudi Arabia’s PIF Crosses $1.21 Trillion in Assets After Net Profit Doubled in 2025

Saudi Arabia's Public Investment Fund posted SR65.1 billion in net profit in 2025, more than doubling its 2024 figure, as total assets reached $1.21 trillion. The results signal that the kingdom's sovereign

July 2, 2026

Business·Economy·News

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Economy Desk

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

Disney Cuts Hundreds of Jobs at Pixar and ESPN in Third Layoff Round of 2026

Japan and India Seal $12.5 Billion in Investment Deals as Takaichi Visits New Delhi

Trump Declines to Renew CUSMA, Starting a 10-Year Clock on North American Trade

UAE Oil Exports Near 2017 Highs as OPEC Exit and Postwar Rebound Test Global Markets

China’s New Investment Law Gives Beijing Power to Retaliate Against Foreign Trade Barriers

Markets See a Durable Iran Ceasefire. Trump’s Ex-NSA Sees an Iranian Win.

China Hits Canadian Pea Starch With 73.5% Deposit as Bilateral Trade Thaw Ends

Oil’s Worst Quarter Since 2008 Cuts UAE Petrol 14% as Iran Deal Remains Unfinished

Qatar Drew $3.4 Billion in Foreign Investment in 2025 as Project Count Jumped 52%

Dubai Inflation Hits 5.5% in May, Driven by Iran War Petrol Surge

Saudi Arabia’s PIF Crosses $1.21 Trillion in Assets After Net Profit Doubled in 2025

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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