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Burnham’s summer of quietly backing away from radical pledges
From Thames Water to electoral reform, the prime minister seems to be diverging from his campaign rhetoric
Nicotine pouch sales jump in UK as companies step up marketing
Campaigns come ahead of ban on advertising and sponsorship for all non-medicinal products from next June
Modi’s Developed-Nation Dream Strains Against India’s Growth Gap
India likely grew at more than 7% last quarter, a pace most major economies would envy. Yet, that may still be too slow to deliver …
Colombia Ends Talks with Rebels In Blow to Petro Peace Process
Colombia’s government moved to officially end talks with some of the nation’s armed rebel groups, effectively halting the peace process that began under former President …
Day Traders Are Abandoning Korean Chip Leveraged ETFs in Droves
An onerous mock trading course is becoming an effective tool for South Korea to cool investor fervor over risky products that have turned the country’s …
US oil deal denounced by both sides of Venezuelan politics
Hardliners cast agreement with Trump as looting and betrayal while opposition decries Washington’s meddling in country
Guggenheim Ties Weigh on Acrisure Debt, Dragging High-Yield Credit Markets
It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of …
James Cleverly steps down from shadow cabinet to run for London mayor
Former home and foreign secretary says UK capital ‘under assault’ from Andy Burnham
Warsh charts a forward-looking path for the Fed at Jackson Hole
This might be remembered as a moment when the central bank switched approach
Warsh Says Inflation Isn’t Slowing, Vows to Reach 2% Target
Warsh reiterated that policymakers have a "firm, fixed target" of 2% inflation at the 2026 Jackson Hole Economic Policy Symposium. Bloomberg's Maria Eloisa Capurro explains. …
Supercars Fuel a New Hybrid Boom
Hybrids are enjoying a resurgence as slower EV adoption and continued demand for combustion engines reshape the auto industry, with the technology increasingly appearing in …
A $2,000 Sweater Reveals Fashion’s True Cost
Content creator Macy Gilliam spent 90-hours over four months and about $2,000 making a sweater from scratch, starting with wool from a sheep at New …
Warsh Sets the Tone for Fed’s Road Ahead
Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech gave central bankers and investors greater clarity on how he views the economy and the Fed’s …
Trump says US to take control of 65bn barrels of Venezuelan oil
The president says the countries’ joint venture will lower petrol prices for Americans
Can the US Defy Fiscal Gravity?
David Bianco of DWS says long-term Treasury yields and real rates have climbed to some of their highest levels in nearly 25 years, but he …
$700 Cash Grants Transform Lives in Malawi
The nonprofit GiveDirectly, with a large backing from Canva, is providing eligible adults in two Malawi districts with about $700 each, roughly equivalent to the …
Russia Tests Ukraine and NATO With Escalation
Russia is intensifying missile and drone attacks on Ukraine as Kyiv faces shortages of Patriot interceptors, raising concerns about its ability to defend against ballistic …
Warsh puts Fed on collision course with Trump ahead of midterms
US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires
Nepal Rescuers Race to Find Thousands Missing
Rescue and recovery operations are continuing in Nepal after a glacial collapse triggered catastrophic flooding near the border with China, killing more than 600 people …
By The Way: Headlines You Should See
Competitive subway speedrunning, fewer novels in schools, and an AI themed Bar: Nathan Hager, Christina Ruffini, and Bailey Lipschultz go over eye catching headlines from …
Iran War Exposes Limits of US Military Endurance
Six months into the US conflict with Iran, oil flows from the Persian Gulf have recovered to about 40% of prewar levels, but risks remain …
Three Finance Ministers on Avoiding Debt Crises
US public debt just crossed $40 trillion, but the country is hardly the only one facing fiscal troubles. Nations around the world took on record …
Warsh Says Fed Must Act if Inflation Stays High
Federal Reserve Chair Kevin Warsh signaled the central bank is prepared to act if inflation fails to move clearly and quickly toward its 2% target, …
Focus on the Long Bond in This Summer of Rising Yields
Also, a new film franchise is born on YouTube
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