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

A two-story commercial hen house at Seldom Rest Farms in Pennsylvania that raises laying hens for egg production

Egg Giants Settle Price-Fixing Probe as Bird Flu Threatens a Repeat

Cal-Maine Foods, Versova and Hickman's Egg Ranch will pay $3.3 million and donate 53 million eggs to settle DOJ and state allegations that they rigged the price index behind America's record egg

July 2, 2026

Business·News

A customer walks out of a Giant Eagle grocery store, the chain Kroger is acquiring for 1.65 billion dollars

Kroger to Buy Giant Eagle for $1.65 Billion in First Deal Since Albertsons Collapse

Kroger agreed to buy Pittsburgh's Giant Eagle for $1.65 billion, its first major acquisition since regulators blocked the $25 billion Albertsons merger. Investors sent Kroger shares down nearly 3% on doubts about

July 2, 2026

Business·Markets·News

AOL homepage shown on a computer screen in a 2006 file photo, AOL is now owned by Bending Spoons

Bending Spoons, Owner of AOL and Vimeo, Surges 40% in Nasdaq Trading Debut

Bending Spoons, the Milan company that buys and revives fading internet brands like AOL and Vimeo, priced above range and surged nearly 40% in its Nasdaq debut. The listing reopened a software

July 2, 2026

Business·Markets·News

Johann Kerbrat, senior vice president and general manager of Crypto and International at Robinhood

Robinhood Launches Its Own Blockchain, With an AI Trading Agent Attached

Robinhood Chain went live Wednesday, bundling an AI trading agent, an uninsured 7 percent yield product, and tokenized stocks in 120-plus countries into one launch. Regulators have not yet weighed in on

July 2, 2026

Business·Crypto·News

An official Reserve Bank of India ceremony marking the central bank's 90th year

Iran’s Weekend Strikes Put India’s First Rupee Gain Since February on the Line

The rupee closed Thursday at 94.3950 per dollar, on course for its first monthly gain since February. Then Iran struck US military sites in Kuwait and Bahrain over the weekend, oil risk

July 2, 2026

Business·Economy·News

The trading floor of the New York Stock Exchange, where exchange-traded funds are listed and traded

SEC Mulls New ETF Rules as a $16 Trillion Boom Outgrows the Regulatory Playbook

The SEC has opened a 60-day public comment period on a potential overhaul of its ETF rules — the first major review since 2019 — covering crypto funds, prediction-market ETFs, high-leverage products,

July 2, 2026

Business·Crypto·Markets·News

Owens Corning TruDefinition Duration asphalt roofing shingles installed on a residential roof

Carlisle Made Multiple Unsolicited Bids for Owens Corning. Owens Corning Isn’t Interested.

Carlisle Companies made more than one unsolicited cash-and-stock offer to acquire Owens Corning in a deal that would exceed $10 billion. Owens Corning's stock surged 14% on the news. Carlisle's fell 5%.

July 2, 2026

Business·Markets·News

Technicians work at a high-voltage electrical substation with transformers and insulators

Exelon CEO Warns US Could Face Blackouts as Early as 2027 as AI Drives Unprecedented Demand on Power Grid

The chief executive of Exelon, the largest US utility by customer count, warned the country could face blackouts as early as summer 2027, as AI data centers drive electricity demand far beyond

July 2, 2026

Business·Economy·News

Federal Reserve Chair Kevin Warsh speaks at the ECB Forum on Central Banking in Sintra, Portugal, July 1, 2026

Warsh Makes His Global Debut at Sintra, Declines to Signal July, and Buries Forward Guidance Alongside Lagarde and Bailey

Kevin Warsh made his first appearance on the global stage as Federal Reserve Chair at the ECB's Sintra forum on Wednesday, declining to hint at a July rate move while joining Christine

July 1, 2026

Business·Economy·News

Boeing 737 MAX aircraft on the assembly line at the Renton, Washington factory during Q2 2026 production

Boeing IT Outage Shut Down Factories Coast to Coast on the Last Day of Q2

A company-wide IT failure knocked Boeing's computer systems offline on June 30 — the final day of its second quarter — halting inspections, paperwork, and deliveries across 737 and 787 factories from

July 1, 2026

Business·News·Technology

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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

Egg Giants Settle Price-Fixing Probe as Bird Flu Threatens a Repeat

Kroger to Buy Giant Eagle for $1.65 Billion in First Deal Since Albertsons Collapse

Bending Spoons, Owner of AOL and Vimeo, Surges 40% in Nasdaq Trading Debut

Robinhood Launches Its Own Blockchain, With an AI Trading Agent Attached

Iran’s Weekend Strikes Put India’s First Rupee Gain Since February on the Line

SEC Mulls New ETF Rules as a $16 Trillion Boom Outgrows the Regulatory Playbook

Carlisle Made Multiple Unsolicited Bids for Owens Corning. Owens Corning Isn’t Interested.

Exelon CEO Warns US Could Face Blackouts as Early as 2027 as AI Drives Unprecedented Demand on Power Grid

Warsh Makes His Global Debut at Sintra, Declines to Signal July, and Buries Forward Guidance Alongside Lagarde and Bailey

Boeing IT Outage Shut Down Factories Coast to Coast on the Last Day of Q2

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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