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US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
Federal Judge Strikes Down Texas Drag Show Ban for Second Time
Federal Judge David Hittner permanently blocks Texas from enforcing Senate Bill 12, ruling the 2023 drag show ban unconstitutional for the second time due to First Amendment violations.
US Stock Market Outlook: Dow and S&P 500 Futures Flat, Nasdaq Futures Down 0.2%
US stock futures were little changed on August 26, 2026, as investors stayed cautious ahead of two major market events. Dow and S&P 500 futures hovered around the flat line, while Nasdaq futures slipped about 0.2%. Wall Street is waiting for Nvidia’s quarterly earnings and July PCE inflation data, the Federal Reserve’s preferred inflation gauge….
Varun Beverages Ltd Stock in Focus as Morgan Stanley Highlights RTD, Alcobev Opportunity
Varun Beverages Ltd stock is back in focus on August 26, 2026, after the company announced plans to enter the ready-to-drink (RTD) alcoholic beverages market through KIVA Spirits. Morgan Stanley retained its Overweight rating and a ₹557 target price, pointing to more than 27% potential upside. The move gives the PepsiCo bottler another growth avenue…
Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…
Qantas Launches Double Points Offer as RBA Credit Card Reforms Loom on August 26
Qantas offers double frequent flyer points or status credits through September 2, 2026, ahead of RBA reforms cutting credit card rewards. Bookings must be made by September 2 for travel through August 14, 2027.
Australia’s Diphtheria Outbreak Hits 538 Cases, Largest Since 1991
Australia records 538 diphtheria cases in 2026, the largest outbreak since national reporting began in 1991. Cases concentrated in Northern Territory and Western Australia among Aboriginal communities.
Ticketmaster Cancels Scalped Tickets to Olivia Rodrigo Tour, Releases at Face Value
Ticketmaster cancels scalped tickets to Olivia Rodrigo’s The Unraveled Tour and rereleases them at face value. Fans can request recovered tickets through August 28, with Silver Star tickets available from September 1.
Mark Carney Walks Away From US Trade Deal Over French Language Protections, August 25
Mark Carney rejected a US trade deal over French language protections, triggering 50% tariffs on $20 billion in Canadian exports. Canada plans retaliatory tariffs starting September 8.