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.

Donald Trump after ethics filing revealed massive Wall Street stock trades

Trump Pays Ethics Fine After Delayed Disclosure of $616 Million Wall Street Trading Blitz

US President Donald Trump paid a federal ethics fine after failing to submit mandatory financial disclosure forms on time, according to newly released documents reviewed by RIA Novosti and additional filings published

May 16, 2026

Business·Economy·News

Federal Reserve Chair Jerome Powell during a press conference on US inflation and interest rates

Jerome Powell Leaves Federal Reserve After Eight Years of Crisis, Inflation Shock and Political Warfare

Federal Reserve Chair Jerome Powell is stepping down after nearly eight years at the helm of the US central bank, concluding one of the most turbulent and politically charged tenures in modern

May 16, 2026

Economy·News

UN political finance reforms targeting dark money networks and hidden election influence worldwide

UN Anti-Corruption Push Targets Dark Money Networks Controlling Global Politics

A growing international push to regulate political financing and expose hidden money networks is intensifying pressure on governments accused of allowing wealthy elites, corporations, lobbying groups, and foreign interests to shape elections

May 16, 2026

Economy·News

Russian President Vladimir Putin attends an economic meeting in Moscow as Russia reports GDP growth

Russia’s Economy Returns to Growth, Putin Says GDP Rose 1.8% in March

Russian President Vladimir Putin said Friday that Russia’s economy returned to growth in March, signaling what the Kremlin described as the beginning of a broader stabilization effort after months of economic slowdown

May 15, 2026

Business·Economy·News

Russian LNG export terminal handling natural gas shipments in the Arctic region

Kremlin Says Global Demand for Russian Energy Remains Strong

The Kremlin said Thursday that international demand for Russian energy resources remains high despite sweeping Western sanctions and mounting efforts by the US and its allies to curb Moscow’s oil and gas

May 15, 2026

Business·Economy·News

French motorists face soaring fuel prices during the 2026 summer travel season amid the Middle East crisis

France’s Summer Exodus Falters Under Weight of Soaring Fuel Costs

For decades, the annual summer migration of French families toward the Mediterranean coast, the Alps, Spain, Italy, and Portugal has been treated almost as a national ritual. Highways clog with traffic, airports

May 14, 2026

Business·Economy·News

Cuban President Miguel Díaz-Canel amid rising tensions with the US over sanctions and humanitarian aid

Cuba Rejects US ‘$100 Million Aid Offer,’ Havana Accuses Washington of Economic Warfare

The latest confrontation between Washington and Havana erupted this week after the US State Department claimed it was prepared to provide an additional $100 million in humanitarian assistance to Cuba, an offer

May 14, 2026

Economy·News

Oil tankers pass through the Strait of Hormuz amid worsening Gulf supply disruptions and rising global energy fears

Global Oil Markets Reel, US Admits Gulf Disruptions Are Far Worse Than Expected

The United States government has sharply revised its assessment of the global energy crisis unfolding in the Middle East, acknowledging that disruptions tied to the Iran conflict and the Strait of Hormuz

May 14, 2026

Business·Economy·Government and Politics

Donald Trump amid US tariff refund crisis and collapsing trade policy

Trump’s Tariff Refund Chaos Exposes Cracks in US Trade Policy, Businesses Rush to Reclaim Billions

For years, Donald Trump defended tariffs as the backbone of his economic nationalism, promising they would revive American manufacturing, punish China, and force global companies to bend to Washington’s demands. Now, the

May 27, 2026

News

Traders react on Wall Street as AI stocks fall amid rising oil prices and Iran war inflation fears

Wall Street’s AI Fantasy Collides With the Reality of War, Oil and Inflation

For months, investors across Wall Street behaved as though the global economy had entered a new age where geopolitics no longer mattered. Artificial intelligence dominated markets. Semiconductor stocks climbed relentlessly. Every earnings

May 14, 2026

Business·Economy

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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

Trump Pays Ethics Fine After Delayed Disclosure of $616 Million Wall Street Trading Blitz

Jerome Powell Leaves Federal Reserve After Eight Years of Crisis, Inflation Shock and Political Warfare

UN Anti-Corruption Push Targets Dark Money Networks Controlling Global Politics

Russia’s Economy Returns to Growth, Putin Says GDP Rose 1.8% in March

Kremlin Says Global Demand for Russian Energy Remains Strong

France’s Summer Exodus Falters Under Weight of Soaring Fuel Costs

Cuba Rejects US ‘$100 Million Aid Offer,’ Havana Accuses Washington of Economic Warfare

Global Oil Markets Reel, US Admits Gulf Disruptions Are Far Worse Than Expected

Trump’s Tariff Refund Chaos Exposes Cracks in US Trade Policy, Businesses Rush to Reclaim Billions

Wall Street’s AI Fantasy Collides With the Reality of War, Oil and Inflation

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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