latest news in economy
Soaring Global Diesel Prices Threaten to Drive Up Everyday Consumer Costs
Washington, Thursday, 3 September 2026.
Global diesel prices are approaching record highs as refining disruptions in the Middle East and Russia create severe supply shortages, threatening to push inflation higher across key economic sectors.
The Netherlands Shifts 10 Billion Euros in Gold from North America to London
Amsterdam, Wednesday, 2 September 2026.
De Nederlandsche Bank relocated 86 tonnes of gold reserves to London to enhance crisis readiness and liquidity amid growing global geopolitical instability, reducing holdings in North America.
US Urges G20 Nations to Limit Artificial Intelligence Regulations
Raleigh, Wednesday, 2 September 2026.
At today’s G20 Innovation Ministerial in North Carolina, US Commerce Secretary Howard Lutnick is rallying top tech CEOs to promote a deregulation agenda, urging global powers to adopt hands-off policies.
United States Rallies Global Allies to Sever Financial Ties with Iran
Washington, Wednesday, 2 September 2026.
U.S. Treasury Secretary Scott Bessent is pushing international allies to enforce aggressive economic sanctions against Iran. The campaign aims to freeze Iranian assets and sever non-compliant institutions from the U.S. dollar system.
Regulators Approve Extended Trading Hours for Stock Options on NYSE American
New York, Wednesday, 2 September 2026.
The SEC has approved NYSE American’s proposal to extend equity options trading hours, introducing early and late sessions for up to 100 select stocks while prohibiting unpredictable market orders.