Economy & Markets
Dow Jones Surges to Record, Tech Drag Holds Wall Street Back
At 10:12 a.m. EDT, the Dow Jones Industrial Average ticked up 197 points to close at 38,212, its highest level ever…
Rory McIlroy Blames LIV for a ‘False Economy’ on Golf Tours
Rory McIlroy said LIV Golf’s rise has created a “false economy” that is reshaping the professional game. On a crisp…
Flaming Gorge’s Emergency Drawdown Cripples Local Recreation Economy
At 8:17 a.m. on July 12, a water‑level sign on the south shore of Flaming Gorge Reservoir read 2,822 ft – a full…
Fitch Flags Revenue Mobilisation as Litmus Test for FY27 Budget
Ghana’s Finance Ministry opened its vaults on Thursday, revealing that only 3.2% of the FY27 budget depends on new revenue…
Oil Shockwaves: How the Iran War Redrew the Global Economy
Within 48 hours of the first U.S.-Israel airstrike on Tehran, Brent crude spiked to $124 a barrel – a 23%…
Warsh Faces Tightrope Walk at First Fed Meeting
Kevin M. Warsh walked into the Federal Reserve’s boardroom on Monday with the weight of a $5.2 trillion debt ceiling and…
Oil Prices Slide as Traders Re‑price U.S.–Iran Deal
By 0805 GMT, front‑month Brent futures were trading at $81.12 a barrel, down 2.9% from the previous close, while WTI…
CFTC Chair Defends U.S. Launch of Perpetual Futures
Answer: CFTC Chair Michael Selig defended the decision to approve perpetual futures (“perps”) in the United States, saying the new…
China’s World Cup Viewers Shift to Midnight Streams
At 2 a.m. Beijing time, a cramped living‑room in Chengdu flickers with the roar of a stadium as Spain scores against…
Moon Mining Fever: The Race for Helium‑3
In a laboratory in Osaka, a single gram of helium‑3 sold for $20,000 in early 2024, a price that would…