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Global
Stories and analysis from The Business Now newsroom.
Global
Trump’s “Patriot Passport” Goes Nationwide: What to Know About the New America 250 Commemorative Passport
Trump’s “Patriot Passport” Goes Nationwide: What to Know About the New America 250 Commemorative Passport The Trump administration is expanding one of its most unusual America 250 initiatives beyond Washington, D.C. The U.S. State Department has announced that its limited-edition “Patriot Passport” will become available to applicants across the United States, giving Americans nationwide an...
Global
U.S. State Department Apologizes After AI-Linked Africa Map Mislabels Every Country at Global AIDS Conference
U.S. State Department Apologizes After AI-Linked Africa Map Mislabels Every Country at Global AIDS Conference A presentation by the U.S. State Department at a major global AIDS conference in Rio de Janeiro has sparked international criticism after an Africa map shown to attendees misidentified the locations of countries across the continent. The embarrassing error occurred...
Global
NASA’s Curiosity Rover Finds a ‘Sea of Polygons’ on Mars — Scientists Are Still Trying to Explain It
NASA’s Curiosity Rover Finds a ‘Sea of Polygons’ on Mars — Scientists Are Still Trying to Explain It NASA’s Curiosity Mars rover has captured an extraordinary landscape on the Red Planet: a vast field of small, honeycomb-like polygons covering the Martian surface. The discovery was made as Curiosity climbed through a valley nicknamed “Valle Grande”...
Business
World Cup for Sale? FIFA’s Billion-Dollar Stake Plan Triggers a Massive Football Backlash
World Cup for Sale? FIFA’s Billion-Dollar Stake Plan Triggers a Massive Football Backlash FIFA has triggered a major new battle over the future of football after unveiling plans to bring private investors into a new $20 billion commercial subsidiary that would manage the business and event operations surrounding the World Cup and other FIFA competitions....
Business
US GDP Growth Slows to 1.5% While Jobless Claims Rise to 197K: What the Latest U.S. Economic Data Means for Markets
US GDP Growth Slows to 1.5% While Jobless Claims Rise to 197K: What the Latest U.S. Economic Data Means for Markets The U.S. economy delivered mixed signals on Thursday as second-quarter GDP growth slowed more than expected while initial jobless claims increased from the previous week, pointing to moderating economic momentum but a labor market...
Business
Bank of England Holds Rates at 3.75%: Why the UK Central Bank Is Still Worried About Inflation
Bank of England Holds Rates at 3.75%: Why the UK Central Bank Is Still Worried About Inflation The Bank of England (BoE) has kept its benchmark interest rate unchanged at 3.75%, matching market expectations and marking the fifth consecutive meeting at which the rate has remained at this level. The decision comes as UK inflation...
Commodities
Iran Claims It Destroyed 3 F-35s at U.S. Base—But Is the Claim True?
Iran Claims It Destroyed 3 F-35s at U.S. Base—But Is the Claim True? Iran has made a dramatic claim that could have major implications for the U.S.-Iran conflict: the Islamic Revolutionary Guard Corps (IRGC) says a missile strike on Jordan’s Al-Azraq Air Base destroyed three U.S. F-35 fighter jets and heavily damaged three more. But...
Business
AI Hedge Fund Faces Fresh Capital Pressure After July Tech Rout Hits Leopold Aschenbrenner’s $20 Billion Strategy
AI Hedge Fund Faces Fresh Capital Pressure After July Tech Rout Hits Leopold Aschenbrenner’s $20 Billion Strategy Leopold Aschenbrenner’s Situational Awareness LP, the AI-focused hedge fund that became one of the most closely watched investment stories of 2026, is reportedly seeking fresh capital after a sharp July sell-off battered some of its technology and artificial-intelligence...
Business
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock The Dow Jones Industrial Average suffered its worst trading day in more than a year, tumbling 1,153.18 points, or 2.2%, to 51,594.14 on Wednesday after the Federal Reserve kept interest rates unchanged but delivered a message that investors interpreted as more...