August 2026
Coupang dispute fuels new U.S. tariff pressure on South Korea
South Korea’s dismissal of Congress’ allegations that it discriminated against U.S.-based Coupang is straining the country’s ties with the U.S., sources said.
Russia preparing ‘massive strikes’ on Ukraine’s energy sites after deadliest attack of the year
Russia’s Defense Ministry has announced preparations for “massive strikes” on Ukraine’s energy infrastructure.
China’s Xi builds diplomatic clout with multiple state visits ahead of Trump summit
Chinese President Xi Jinping is expected to make his first visit to India before traveling to the U.S. for a meeting with U.S. President Donald Trump.
U.S. strikes Iranian rocket launchers near Strait of Hormuz
The last major U.S. strikes on Iran were carried out in late July.
U.S. plans to sanction another bank in effort to clamp down on Iran transactions: Bessent
Bessent’s campaign means to push countries that still do business with Iran to sever their financial ties or face retaliation from the U.S.
Trump-promoted Freedom Fuel stations sold gas a distributor says went unpaid for
A federal lawsuit claims that fuel distributor KRSM failed to pay for $4 million worth of fuel, some of which the company sold to the Freedom Fuel network.
The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
Retailers have diverged on how they’ve reported tariff refunds in their earnings this quarter, with some choosing to lower prices and others boosting margins.
Trump criticizes NBC over election comment as Treasury denies some NYT, WSJ and Bloomberg reporters G20 credentials
Trump’s attack on NBC comes after the Treasury barred journalists from The New York Times, The Wall Street Journal and Bloomberg from attending the G20.
Icelanders reject reopening talks to join the EU despite Trump’s Greenland threats
Icelanders voted 52.8% to 47.2% against reopening talks to join the European Union.
CFTC fines former White House aide $172,000 for trading on Trump speech information
Perez had access to Trump’s speeches before they were delivered and used that information to trade the contracts for his personal benefit, the CFTC said.