by News Feed Editor | Aug 21, 2026 | Business
Fashion tech founder Christine Hunsicker was sentenced to five years in federal prison for orchestrating a $300 million fraud scheme involving falsified financial documents presented to hundreds of investors.
by News Feed Editor | Aug 21, 2026 | Business
The Trump administration plans sweeping “economic D-Day” sanctions targeting countries doing business with Iran to break a military stalemate, though Iran has demonstrated resilience against decades of economic pressure.
by News Feed Editor | Aug 21, 2026 | Business
The UK government borrowed £1.8bn in July, exceeding forecasts by £2.3bn and constraining the Chancellor’s ability to fund cost-of-living measures ahead of the October Budget.
by News Feed Editor | Aug 20, 2026 | Business
UK inflation rose to 2.9% in July, driven by higher energy bills following an increase in the price cap and geopolitical disruptions to global oil supplies.
by News Feed Editor | Aug 20, 2026 | Business
The U.S. federal debt reached $40 trillion this week, with annual interest costs now exceeding $1 trillion. Lenders are demanding higher rates, affecting borrowing costs across mortgages, auto loans, and credit cards.
by News Feed Editor | Aug 20, 2026 | Business
UK competition watchdog investigates Trainline, Virgin Atlantic, and Red Driving School over allegations of hidden fees that made prices appear artificially low to consumers.