921 stories · Page 18 of 93
On 3–4 Aug 2026, a bipartisan coalition of 25 state attorneys-general asked the U.S. Court of International Trade to void President Trump’s new 10–12.5 % “forced-labor” tariffs imposed July 24 on 59 economies after his earlier tariff scheme was struck down.
On 5 Aug 2026 the RBI’s six-member MPC kept the repo rate unchanged at 5.25 % for the fourth straight meeting and, crucially, shaved its FY27 headline CPI forecast to 5.0 % (from 5.1 %), while nudging GDP growth guidance up to 6.7 %.
On 5 Aug 2026 SpaceX unveiled Q2 results showing revenue up 92 % to US$7.8 B and its net loss halved to US$541 M, yet a record US$18.4 B—mostly AI—capital outlay drove the stock down roughly 8 % after hours.
On 31 July 2026 the U.S. Treasury quietly sold euros and, with Tokyo, bought roughly $36.6 billion of yen – the first joint yen-buying intervention in 28 years – to stem the currency’s slide and avert large Japanese sales of its $1.2 trillion U.S. Treasury stockpile.
On 3 Aug 2026, the seven remaining core members of OPEC+ voted in a video-conference to raise their collective September quota by precisely 188,000 barrels per day, winding up the last tranche of the 1.65 million bpd voluntary cuts they introduced in 2023.
Cancelling a planned military attack, President Trump set same-day U.S.–Iran talks on 3 Aug 2026 to reopen the Strait of Hormuz, wiping ~5-7 % off Brent and WTI within hours.
Between 31 Jul and 1 Aug 2026 Washington and Tokyo jointly bought yen—financed on the US side by selling €5-10 billion—snapping the currency’s 40-year slide from ¥164 to roughly ¥155 per dollar.
On 2 Aug 2026 OPEC+ authorised a fourth straight 188,000-barrel-per-day rise for September, closing out the 1.65 million-bpd voluntary curbs imposed in 2023 and signalling a likely pause on new hikes for the rest of 2026.
At 00:01 a.m. on 2 Aug 2026, WestJet’s 4,400 cabin crew walked off the job after 11 months of talks, forcing the carrier to suspend all Boeing 737/787 flights and triggering mass holiday-weekend cancellations.
On 30–31 July 2026 Japan spent an estimated ¥8–9 trillion in back-to-back New York-hour interventions—this time joined by South Korea and tacitly the U.S.—knocking USD/JPY from a 40-year trough near ¥164 to below ¥158 and forcing the Bank of Japan to hint it could speed up rate hikes.
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