Business- Page 18

Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

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

Anfield stadium home of Liverpool FC as Mittal-backed consortium expresses interest in minority stake purchase from FSG

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

Fenway Sports Group confirmed Tuesday that Amit Bhatia, son-in-law of steel billionaire Lakshmi Mittal, is leading a consortium expressing interest in a minority stake in Liverpool FC. No terms disclosed. No deal finalized. The approach could value Liverpool above $6

July 22, 2026

by Sports 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

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

SBI Holdings cryptocurrency investment products on display in Japan

SBI Shuts Down Bitcoin Mining Pool After Five Years, Frees 2% of Global Hashrate

Japan's SBI Holdings is shutting its Bitcoin mining pool on July 31, displacing roughly 2% of the global network's hashrate. The company has given no reason for the closure but is simultaneously

July 3, 2026

Business·Crypto·News

Plumes of smoke rise from bombed oil storage facilities over Tehran, Iran, March 8 2026

Iran Calls It War Reparations. The Trump Administration Calls It an Investment Fund.

Tehran put the bill for its bombed oil facilities, destroyed aircraft, and shattered infrastructure at $270 billion. The Trump administration's answer was to rename the payment — not reparations, but an international

July 3, 2026

Business·Conflicts, Military and War·News

MGX Abu Dhabi AI fund $49 billion Mubadala G42 Sheikh Tahnoon

MGX Closes $49 Billion AI Fund as Abu Dhabi Cements Its Role in Global AI Capital

Abu Dhabi's MGX closed its debut AI fund at $49bn, exceeding a $45bn target, attracting investors from three continents to back semiconductors, AI infrastructure and frontier models. Stakes in Anthropic, OpenAI, Binance

July 3, 2026

Artificial Intelligence·Business·Economy·News·Technology

Oil tankers navigating the Strait of Hormuz as Brent crude falls below $71 amid Doha talks

Oil Falls Below $71 for First Time Since US-Israel War on Iran as Doha Talks Signal Pause

Brent crude fell to $70.82 a barrel on Thursday, the lowest level since the day before the US-Israel war on Iran began in February, as US-Iran indirect talks in Doha produced a

July 3, 2026

Business·Conflicts, Military and War·Economy·News

German Chancellor Friedrich Merz unveiling the 34-measure reform package at the Berlin Chancellery on July 2 2026

Germany Unveils €10 Billion Tax Cuts and Pension Reforms Amid Far-Right Electoral Pressure

Chancellor Friedrich Merz's CDU-SPD coalition unveiled a 34-measure economic overhaul on Thursday, including €10bn in annual tax relief and sweeping pension reforms that could push Germany's retirement age past 67, racing to

July 3, 2026

Business·Economy·Government and Politics·News

Federal Reserve Chair Kevin Warsh speaking at press conference amid US jobs report miss in June 2026

US Economy Added 57,000 Jobs in June as Workers Exit the Labor Force at a 50-Year Low

The Bureau of Labor Statistics reported Thursday that nonfarm payrolls rose by just 57,000 in June, far below expectations, as the labor force participation rate fell to 61.5 percent — its lowest

July 3, 2026

Business·Economy·News

Bitcoin price chart showing surge to $61,000 amid Federal Reserve inflation commentary

Bitcoin Surges to $61,000 as Fed Chair Warsh Eases on Inflation for First Time

Bitcoin rose to $61,442 on Wednesday as Federal Reserve Chair Kevin Warsh softened on inflation for the first time since June, pulling crypto away from a semiconductor selloff that erased $290 billion

July 3, 2026

Business·Crypto·News

President Donald Trump official White House portrait

Trump Disclosed 327 Stock Trades Made Day Before His Tariff Pause Sent Markets Surging

One day before Trump's tariff pause sent the S&P 500 up 9 percent, his investment accounts made 327 stock purchases — trades that went undisclosed for 14 months. The revelation in his

July 3, 2026

Business·Government and Politics·News

The World Bank headquarters building in Washington DC where the annual income classification reclassification is determined

World Bank Upgrades Sri Lanka, Vietnam, Philippines and Jordan to Upper-Middle Income

Four years after its 2022 sovereign default emptied the island's foreign reserves, Sri Lanka has been upgraded to upper-middle income by the World Bank. The July 1 reclassification also advanced Vietnam, the

July 3, 2026

Business·Economy·News

IHC and Adani Group announce $11.5 billion aluminium joint venture in Odisha, India

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

Abu Dhabi's International Holding Company and India's Adani Group signed a $11.5 billion joint venture agreement for an integrated aluminium complex in Odisha, the largest foreign direct investment in India's metals sector,

July 3, 2026

Business·Economy·News

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Business- Page 18

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

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

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

SBI Shuts Down Bitcoin Mining Pool After Five Years, Frees 2% of Global Hashrate

Iran Calls It War Reparations. The Trump Administration Calls It an Investment Fund.

MGX Closes $49 Billion AI Fund as Abu Dhabi Cements Its Role in Global AI Capital

Oil Falls Below $71 for First Time Since US-Israel War on Iran as Doha Talks Signal Pause

US Economy Added 57,000 Jobs in June as Workers Exit the Labor Force at a 50-Year Low

Bitcoin Surges to $61,000 as Fed Chair Warsh Eases on Inflation for First Time

Trump Disclosed 327 Stock Trades Made Day Before His Tariff Pause Sent Markets Surging

World Bank Upgrades Sri Lanka, Vietnam, Philippines and Jordan to Upper-Middle Income

IHC and Adani Group Sign $11.5 Billion Aluminium Deal, India’s Largest Metals FDI

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

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