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Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Manitoba Drug Bust Nets 67 Charges: RCMP Seizes 8kg Cocaine, 57 Guns
Manitoba RCMP and Winkler Police charge 13 people with 67 offences after seizing 8kg of cocaine, 57 firearms, and 2.5kg of psilocybin in a 19-month investigation called Project Dolor.
Tokyo Faces ¥225.5 Billion Furusato Nozei Deficit as 19 Prefectures Bleed Tax Revenue
Tokyo and 18 other prefectures posted deficits in fiscal 2025 furusato nozei donations, with Tokyo losing ¥225.5 billion. Total donations hit ¥1.33 trillion, a record high.
Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
Swiss Household Income Hits Record 65,124 Francs in 2025, Savings Surge
Swiss household disposable income reached 65,124 francs in 2025, the highest on record. Savings rate climbed to 27.4%, with voluntary savings at 19.3%, reflecting strong purchasing power and financial resilience.
META Stock Rises 1.97%: Meta Discusses Possible Settlement in Teen Addiction Lawsuit
Meta Platforms (NASDAQ: META) shares rose 1.97% to $570.05 on August 25, 2026, after reports that the company and U.S. states have discussed a possible settlement in the ongoing teen social media harm case. The lawsuit involves 29 states and accuses Meta of designing Facebook and Instagram to be addictive for young users. With the…
Jack Ma Buys Alibaba Shares, But Investor Concerns Over $10 Billion Sale Remain
Jack Ma has purchased more than HK$600 million ($76.5 million) of Alibaba shares since August 23, 2026. The buying followed Alibaba’s record HK$80 billion ($10.2 billion) share placement announced August 23. Chairman Joe Tsai and CEO Eddie Wu together bought at least $25 million more in stock. Despite this insider buying, Alibaba shares remain nearly…