Netherlands Moves 86 Tons of Gold From U.S. and Canada
The Dutch central bank, De Nederlandsche Bank (DNB), moved 86 tons of gold from New York and Ottawa to London between March and August...
NVIDIA Agrees to Acquire Hugging Face for $12.93 Billion
NVIDIA has agreed to acquire Hugging Face for $12.93 billion, bringing the open AI platform and its large developer community into NVIDIA. Hugging Face...
Cuban Cigars Lose Ground as Customers Turn to Latin American Rivals
Cuban cigars have become an increasingly important source of revenue for Cuba, with Habanos’ sales rising to $827 million by 2024 after steep price...
BYOP: Bring Your Own Power
You know that artificial intelligence has sparked a potential nuclear renaissance, but while new reactors are planned and weave their way through the permitting...
Trump Unveils Historic Energy Investment in Venezuela
The Trump administration says new energy agreements with Chevron, Eni, and GE Vernova will drive major investment in Venezuela’s oil industry and electric grid....
U.S. Imports Rise as Trade Deficit Widens
The U.S. goods and services trade deficit widened by $17.4 billion, or 24.4%, to $88.6 billion in July, as imports increased while exports declined....
MIT-Born Aircraft Could Transform Regional Air Travel
Electra, an aircraft company that grew out of an MIT graduate class project, is planning an $850 million manufacturing expansion in Ohio expected to...
Labor Productivity Gains Continue in Second Quarter
The U.S. Bureau of Labor Statistics reported that nonfarm business labor productivity increased 1.4% in the second quarter of 2026, as output rose 1.7%...
“What Do You Think of the Bond Market?”
“What do you think of the bond market right now?” I’m asked.
“I like it,” I respond. “It’s about time savers get what they deserve...
Trump Pushes Oil Industry to Build More Refineries
President Trump urged U.S. oil executives to build more refineries to help lower gasoline prices ahead of the November midterms, but the industry faces...