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Congress delayed federal restrictions on hemp-derived THC beverages for another month, pushing the deadline to December. The category has grown rapidly but faces uncertainty as distributors hesitate to stock inventory.
The world’s billionaire population reached a record 3,795 people in 2025, with combined wealth surging 12.8% to $15.1 trillion, driven largely by artificial intelligence sector gains.
Bank of England Governor Andrew Bailey warns that populist politicians pose a serious threat to central bank independence and argues institutions must better explain their decisions to the public.
Global bond markets are experiencing significant instability, with US government borrowing costs rising sharply amid concerns about fiscal sustainability and geopolitical tensions, creating knock-on effects for borrowers worldwide.
President Trump announced drug pricing agreements with nine pharmaceutical companies, requiring them to discount medications to state Medicaid programs aligned with international prices.
Chevron announced plans to expand its Venezuelan oil operations, investing over $7 billion over five years to increase production to approximately 600,000 barrels per day.
