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.

BP chairman Albert Manifold removed amid governance and conduct controversy

BP Boardroom Chaos Deepens, Albert Manifold Ousted in Stunning Power Struggle

BP has plunged into yet another corporate crisis after the dramatic removal of chairman Albert Manifold, a shock decision that has intensified scrutiny over governance failures, leadership instability, and the oil major’s

May 28, 2026

Business·Economy·News

Noel Tata of Tata Trusts and N Chandrasekaran of Tata Sons ahead of the May 26 board meeting

Tata Sons Board Meets May 26 with Chandrasekaran’s Turnaround Plans and Listing Question on the Table

Tata Sons chairman N. Chandrasekaran is expected to present turnaround plans for Air India, Tata Digital, and Tata Electronics on May 26 as the board confronts boardroom strain with Tata Trusts chairman

May 25, 2026

Business·Economy·News

Stocks to Watch on May 25: Eicher Motors, NTPC, Hindalco, Divi’s Lab and Lupin Drive Monday’s Action

Eicher Motors, NTPC, Hindalco, Divi's Lab, Lupin, Aurobindo, Torrent Pharma, Reliance Infrastructure and more will drive stock-specific action on Monday as easing crude prices and Q4 earnings dominate sentiment.

May 25, 2026

Business·Economy·Markets·News

Artist concept of Sagittarius A* the supermassive black hole at the centre of the Milky Way galaxy with swirling accretion disk and bright flares observed by JWST

Inside the Birth, Life and Death of Black Holes: New Gravitational Wave Data Rewrites the Lifecycle of the Universe’s Most Extreme Objects

From stellar corpses to second-generation monsters and a possible quantum death by evaporation, 300 gravitational wave detections and a landmark 2026 Nature Astronomy study are forcing astrophysicists to redraw the timeline of

May 24, 2026

Climate·News·Science

Webb Telescope near-infrared image showing Messier 51 spiral arm with young star clusters lighting bubbles inside dense gas

Webb Telescope Finds Most Massive Star Clusters Break Free of Birth Clouds in Just 5 Million Years

An international team using NASA's James Webb Space Telescope and Hubble has measured nearly 9,000 young star clusters across four nearby galaxies, finding that the largest break free of their gas cocoons

May 24, 2026

News·Science

Donald Trump tariff refunds spark scramble among Walmart, Costco and major US retailers

Trump Tariff Refund Battle Expands, Retail Giants Seek Federal Payouts

The dismantling of key Trump-era tariffs has triggered a little-known but potentially enormous financial scramble inside Corporate America, where some of the nation’s largest retailers, manufacturers and import-dependent companies are quietly seeking

May 24, 2026

Business·Economy·News

Uber and Delivery Hero logos during takeover battle over Europe and Gulf food delivery markets

Uber Eyes Full Delivery Hero Takeover, Global Food Delivery War Intensifies

Uber’s attempt to seize control of German delivery giant Delivery Hero is rapidly turning into a high-stakes corporate battle that could reshape Europe’s technology sector, tighten US control over global delivery infrastructure,

May 24, 2026

Business·Economy·News

Donald Trump during controversy over IRS settlement blocking tax audits into Trump family businesses

How Trump’s IRS Settlement Could Place His Businesses Beyond Federal Tax Scrutiny

President Donald Trump’s extraordinary settlement with the Internal Revenue Service has triggered a political and legal firestorm across Washington after the Department of Justice inserted a controversial clause that could effectively block

May 22, 2026

Business·Government and Politics·News

Elon Musk during SpaceX IPO push as Starlink satellites and AI infrastructure drive $2 trillion valuation speculation

Elon Musk’s SpaceX IPO Ignites Wall Street in Historic $2 Trillion AI Gamble

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in financial history, a blockbuster debut that is already reshaping global conversations around artificial intelligence, satellite infrastructure, and

May 22, 2026

Business·Economy·News

Nvidia CEO Jensen Huang speaks during an AI infrastructure presentation after Nvidia reported record 2026 earnings

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

Nvidia has once again shaken Wall Street and Silicon Valley after reporting explosive quarterly earnings that confirmed the global artificial intelligence spending frenzy is accelerating at a pace few companies in modern

May 22, 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

BP Boardroom Chaos Deepens, Albert Manifold Ousted in Stunning Power Struggle

Tata Sons Board Meets May 26 with Chandrasekaran’s Turnaround Plans and Listing Question on the Table

Stocks to Watch on May 25: Eicher Motors, NTPC, Hindalco, Divi’s Lab and Lupin Drive Monday’s Action

Inside the Birth, Life and Death of Black Holes: New Gravitational Wave Data Rewrites the Lifecycle of the Universe’s Most Extreme Objects

Webb Telescope Finds Most Massive Star Clusters Break Free of Birth Clouds in Just 5 Million Years

Trump Tariff Refund Battle Expands, Retail Giants Seek Federal Payouts

Uber Eyes Full Delivery Hero Takeover, Global Food Delivery War Intensifies

How Trump’s IRS Settlement Could Place His Businesses Beyond Federal Tax Scrutiny

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

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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Israel’s Yellow Line Expands to 65% of Gaza, Turning Ceasefire Buffer Into Annexation

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Trump’s 100% Tariff on Generic Drugs Could Price Out Americans From Affordable Medicine

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