Category
Economy
Stories and analysis from The Business Now newsroom.
Economy
Gordie Howe International Bridge Finally Opens, What the $6 Billion Mega Project Means for U.S.-Canada Trade and Travelers
Gordie Howe International Bridge Finally Opens, What the $6 Billion Mega Project Means for U.S.-Canada Trade and Travelers After years of planning and construction, the Gordie Howe International Bridge has officially opened, marking one of the most significant infrastructure milestones in North America in decades. Connecting Detroit, Michigan, with Windsor, Ontario, the new bridge is...
Business
Grant Thornton’s Multi-Billion Dollar CBIZ Deal Could Reshape the Accounting Industry Forever
Grant Thornton’s Multi-Billion Dollar CBIZ Deal Could Reshape the Accounting Industry Forever The global accounting and professional services industry is witnessing one of its biggest transformations in decades. Grant Thornton Advisors LLC has announced an agreement to acquire CBIZ, creating what analysts describe as one of the largest consolidation moves the sector has seen in...
Business
Sandisk Earnings Could Make or Break the Stock: Is August 5 the Best Buying Opportunity—or a Warning Sign?
Sandisk Earnings Could Make or Break the Stock: Is August 5 the Best Buying Opportunity—or a Warning Sign? Wall Street is closely watching Sandisk (NASDAQ: SNDK) as the memory-storage company prepares to release its next quarterly earnings on August 5. After weeks of mixed analyst opinions, falling AI enthusiasm, and volatile semiconductor stocks, investors are...
Business
The Most Important Week for Global Markets Has Arrived: Fed, GDP, Inflation, and Central Banks Could Trigger Massive Volatility
The Most Important Week for Global Markets Has Arrived: Fed, GDP, Inflation, and Central Banks Could Trigger Massive Volatility Global financial markets are entering one of the most critical weeks of 2026. Within five trading days, investors will receive a series of high-impact economic reports and central bank decisions that could reshape expectations for interest...
Business
Why Millions Could Default on Credit Card Debt in 2026—The Financial Crisis Most People Don’t See Coming
Why Millions Could Default on Credit Card Debt in 2026—The Financial Crisis Most People Don’t See Coming The world’s attention is fixed on artificial intelligence, wars, tariffs, and stock market volatility, but another financial threat is quietly growing beneath the surface. Millions of households are carrying more credit card debt than ever before. At the...
Business
Cathie Wood Bets $50 Million on Tesla After Its Sharp Selloff—What Does She Know That Wall Street Doesn’t?
Cathie Wood Bets $50 Million on Tesla After Its Sharp Selloff—What Does She Know That Wall Street Doesn’t? When most investors panic, Cathie Wood often does the opposite. After Tesla shares suffered a sharp decline of around 15%, the founder and CEO of ARK Invest reportedly purchased approximately $50 million worth of Tesla stock, making...
Business
Trump Launches Section 301 Investigation Into EU Penalties: What It Means for Global Business
Trump Launches Section 301 Investigation Into EU Penalties: What It Means for Global Business Global trade tensions may be entering a new phase after President Donald Trump announced plans to launch a Section 301 investigation into penalties imposed by the European Union on U.S. companies. The announcement immediately attracted attention across financial markets because Section...
Business
The Perfect Storm: How AI, Global Wars, and Economic Uncertainty Are Triggering the Biggest Wave of Job Losses in Years
The Perfect Storm: How AI, Global Wars, and Economic Uncertainty Are Triggering the Biggest Wave of Job Losses in Years A new wave of layoffs is sweeping across the global economy—but unlike previous downturns, 2026’s job cuts are being driven by multiple powerful forces at the same time. Artificial intelligence is automating tasks once performed...
Business
Wall Street Selloff Deepens: Oil Tops $100, Tech Giants Slide, and Investors Brace for More Turbulence
Wall Street Selloff Deepens: Oil Tops $100, Tech Giants Slide, and Investors Brace for More Turbulence Global financial markets are facing another period of heightened uncertainty. A combination of Brent crude oil climbing above $100 per barrel, weakness in leading technology companies, and the implementation of new U.S. tariffs has weighed on investor sentiment. The...