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Congress delayed federal restrictions on hemp-derived THC beverages for a second time, pushing the deadline to December while the industry seeks a regulatory framework instead of an outright ban.
The US Treasury announced a $6 billion debt buyback plan to stabilize bond markets, but the bond market continued to rise on yields, signaling investor concern over inflation and geopolitical uncertainty.
Labour mayors in England pledged to voluntarily cap a new tourist tax at 5%, responding to hospitality industry concerns about potential job losses from the uncapped levy on overnight accommodation.
European companies are pursuing nanotechnology innovations in battery components to compete with Chinese manufacturers, after recent bankruptcies of major battery producers highlighted the continent’s struggles in the sector.
US annual inflation held steady at 3.4% through August, driven by elevated gasoline prices amid global supply disruptions, pressuring household budgets and wage growth.
Argentine leadership is attracting major tech investment to Patagonia, with OpenAI planning a $25 billion data center project, while China’s semiconductor exports surge despite trade barriers.
