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Global
Stories and analysis from The Business Now newsroom.
Economy
Russia’s War Comes Home: Why Ukraine’s Strikes Are Hitting Everyday Russians Like Never Before
Russia’s War Comes Home: Why Ukraine’s Strikes Are Hitting Everyday Russians Like Never Before For much of the conflict, the daily realities of the Russia-Ukraine war were felt primarily on Ukrainian soil. But that dynamic is changing. Ukraine has significantly expanded its long-range drone campaign, targeting military facilities, logistics hubs, energy infrastructure, and industrial sites...
Global
NATO on Alert: Romania Shoots Down Drone After Airspace Breach—Is Europe Facing a Dangerous New Escalation?
NATO on Alert: Romania Shoots Down Drone After Airspace Breach—Is Europe Facing a Dangerous New Escalation? Europe’s security environment has entered another tense chapter. Romania, a NATO member bordering Ukraine, has confirmed that its military shot down a drone after it violated Romanian airspace—the first such interception of its kind announced by the country. The...
Business
Trump’s Nominees Hit an Unexpected Roadblock: Why Elizabeth Warren Just Stopped a Key Senate Vote
Trump’s Nominees Hit an Unexpected Roadblock: Why Elizabeth Warren Just Stopped a Key Senate Vote A routine Senate confirmation process unexpectedly turned into one of Washington’s latest political flashpoints after Senator Elizabeth Warren objected to moving forward with votes on several Trump administration nominees, citing concerns over background check procedures. The delay has reignited debate...
Business
Trump Approves Historic Saudi Nuclear Deal: Strategic Breakthrough or Regional Gamble?
Trump Approves Historic Saudi Nuclear Deal: Strategic Breakthrough or Regional Gamble? The geopolitical landscape of the Middle East may be entering a new chapter. President Donald Trump has approved a landmark civilian nuclear cooperation agreement with Saudi Arabia, a move that supporters describe as a strategic breakthrough for U.S.-Saudi relations but critics warn could reshape...
Business
Beyond Washington and Tel Aviv: How India’s Defense Future Could Be Affected by America’s New Bill
Beyond Washington and Tel Aviv: How India’s Defense Future Could Be Affected by America’s New Bill A new provision in the United States’ annual defense legislation has triggered an intense political debate in Washington. Critics argue it could deepen military integration between the United States and Israel, while supporters describe it as a way to...
Global
Trump’s $21 Million India Election Allegation Returns: What Was Claimed, What Investigations Found, and Why the Debate Continues
Trump’s $21 Million India Election Allegation Returns: What Was Claimed, What Investigations Found, and Why the Debate Continues A political controversy that first erupted months ago has returned to the spotlight after U.S. President Donald Trump again referred to an alleged $21 million USAID expenditure linked to India’s elections. The allegation quickly dominated political discussions...
Business
Trump Warns Iran After Red Sea Tanker Attacks: Could the World’s Most Critical Shipping Route Be at Risk?
Trump Warns Iran After Red Sea Tanker Attacks: Could the World’s Most Critical Shipping Route Be at Risk? A fresh escalation in the Middle East has once again placed one of the world’s most important maritime trade routes under intense global scrutiny. After two Saudi oil tankers were attacked in the Red Sea, U.S. President...
Commodities
Oil Hits $100: The Global Energy Shock That Could Make Everything More Expensive
Oil Hits $100: The Global Energy Shock That Could Make Everything More Expensive A price level that global markets have been fearing has returned. Brent crude oil has climbed to $100 per barrel, a psychological and economic milestone that could have far-reaching consequences for households, businesses, governments, and financial markets worldwide. The rally has been...
Business
US Jobless Claims Shock Economists: What the Lowest Reading in Months Means for the Fed, Stocks, and Interest Rates
US Jobless Claims Shock Economists: What the Lowest Reading in Months Means for the Fed, Stocks, and Interest Rates The U.S. labor market has delivered another surprise—and it’s one that could reshape expectations for interest rates, stock markets, and the broader economy. The latest Initial Jobless Claims report showed that 187,000 Americans filed for unemployment...