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Canada’s Fuel Excise Tax Set to Return Sept. 7; Poilievre Pushes Extension to 2027
Poilievre urges Carney to extend Canada’s fuel excise tax pause until Canada Day 2027. The 10-cent-per-litre break expires Sept. 7. Gas prices up 25.7% year-over-year.
Nike Stock Hits 12-Year Low at $39.09 on August 18, 2026
Nike stock hits 12-year low at $39.09 on August 18, 2026, down 78% from 2021 peak. China revenue fell 11%, direct sales dropped 6%, and analyst outlook remains bleak.
Tyson Foods Closes Three Beef Plants, Lays Off 3,200 as Cattle Shortage Deepens
Tyson Foods closes beef plants in Joslin, Illinois and Eagle Mountain, Utah, laying off 3,200 workers amid a 75-year low in cattle herds. The company also plans to sell its Pasco, Washington facility.
Oil Prices Today: Brent Jumps to $91.30, WTI Hits $85.31 as U.S.-Iran Peace Hopes Fade and Hormuz Risks Rise
Oil prices moved higher on August 18, 2026, with Brent crude trading above $91 a barrel and WTI near $85 as hopes for a U.S.-Iran peace deal weakened. The Strait of Hormuz remains a major concern for traders, as limited tanker traffic could tighten global energy supplies. Iran has taken a harder stance, while the…
XRP vs Stablecoins in 2026: USDT Hits $182.98 Billion, USDC Tops $71.96 Billion Can XRP Compete?
As of August 18, 2026, stablecoins continue to account for a large share of crypto’s dollar-based liquidity. USDT is near $183 billion, while USDC is around $72 billion in market value. XRP, by comparison, trades near $1, with a market capitalisation of roughly $62 billion. Still, an XRP vs stablecoins comparison is not only about…
Best Buy Faces Warranty Repair Backlash After Removing Half of Customer’s RAM
Best Buy Geek Squad removed half the RAM from a customer’s gaming laptop during warranty repair and claimed the device doesn’t support 64GB, despite selling it with that configuration.
Milky Mist IPO: Shares Jump 30% on India Debut, Valuation Hits $1.46 Billion After ₹140 Issue Price
Milky Mist Dairy Food shares surged nearly 30% on their India stock market debut Tuesday, August 18, 2026. The stock listed at ₹165 on the NSE and BSE, an 18% premium over its ₹140 issue price. Shares later touched an intraday high of ₹181.50, pushing gains to 29.64%. That rally lifted Milky Mist’s market capitalization…
FTSE 100 Today: Index Rises 0.16% as BP Jumps 2.1%, Shell Gains 1.5% Despite Hormuz Strike
The FTSE 100 today edged 0.16% higher on August 18, 2026, with energy stocks helping the index stay in positive territory despite fresh tensions around the Strait of Hormuz. BP shares climbed 2.1%, while Shell gained 1.5% as oil prices moved higher after a vessel was struck along the key shipping route. Brent crude was…
Meta Goes to Trial in 29-State Case Over Child Safety and Mental Health
Meta is facing a major legal test as a 29-state case over child safety and youth mental health moves forward in the US. Opening arguments began on August 18, 2026, in a federal court in Oakland, California. The states accuse Meta of designing Facebook and Instagram features that can keep young users hooked and of…