This edition of Carbon Brief’s ‘Cropped’ newsletter casts a critical eye over two pivotal global issues: the contentious shifts in US land policy and the escalating suffering of India’s burgeoning gig economy workers due to the undeniable impacts of climate change. These seemingly disparate narratives are, in fact, profoundly interconnected, […]
Category: Economy
‘Deal with the devil’: AOC rails on House floor over Trump’s megabill
In a powerful and unyielding address on the House floor, Representative Alexandria Ocasio-Cortez (AOC) delivered a scathing rebuke of a sweeping legislative package, widely characterized as a ‘megabill’ with strong ties to former President Donald Trump. Her impassioned condemnation resonated through the chamber as she famously denounced the legislation as […]
Energy Demand Optimism Pushes Crude Prices Sharply Higher
Global crude oil prices have recently witnessed a significant ascent, a trajectory largely propelled by an burgeoning sense of optimism regarding worldwide energy demand. This renewed confidence stems from improved economic forecasts across key regions and the tangible anticipation of robust industrial activity, collectively signaling a resilient recovery from recent […]
Paramount bends to Trump: 5 takeaways
The recent agreement by Paramount Global to pay $16 million to settle a lawsuit brought by former President Donald Trump marks a pivotal moment for the media industry, underscoring the escalating pressures faced by news organizations from powerful political figures. This significant legal settlement, which had been widely anticipated across […]
How an empty North Carolina rural hospital explains a GOP senator’s vote against Trump’s tax bill
An abandoned medical facility in Williamston, North Carolina, stands as a stark, tangible symbol of the complex economic realities that can compel even steadfast Republican senators to diverge from their party’s most significant legislative endeavors. This empty North Carolina rural hospital serves as a poignant illustration of why Senator Thom […]
Dr. Phil’s Merit Street Media JV Files For Bankruptcy, Sues Partner Trinity Broadcasting For Breach Of Contract
In a significant turn of events within the entertainment and business sectors, Dr. Phil McGraw’s Fort Worth-based joint venture, Merit Street Media, officially filed for Chapter 11 bankruptcy protection this Wednesday. The filing was accompanied by a simultaneous and substantial lawsuit against its business partner, Trinity Broadcasting, alleging a severe […]
Target faces serious challenges as CEO’s retirement nears
Target, a quintessential American retail giant, finds itself at a critical juncture, navigating a complex web of severe challenges as its long-standing CEO approaches retirement. This pivotal moment is marked by a confluence of internal operational missteps, the pervasive dampening effect of inflation on consumer sentiment, and the persistent financial […]
President Trump announces trade deal with Vietnam that will let US goods into the country duty-free
Former President Donald Trump has unveiled a new bilateral trade agreement with Vietnam, marking a significant development in international economic relations and signaling a continued emphasis on his “America First” approach to global commerce. Announced via his Truth Social platform, the core of this landmark deal grants U.S. goods immediate […]
Iran Reportedly Made Plans To Litter Strait Of Hormuz With Naval Mines
Recent intelligence reports, citing anonymous U.S. officials, have brought to light serious allegations that Iran made concrete preparations to deploy naval mines within the critical Strait of Hormuz. This revelation underscores the volatile geopolitical landscape of the Middle East, particularly following the United States’ “Operation Midnight Hammer,” a targeted strike […]
Investing is a loser’s game, cut losses early and stay sensible: Devina Mehra
In a compelling re-evaluation of modern finance, investment expert Devina Mehra challenges conventional wisdom, asserting that investing has fundamentally transformed into what she terms a “loser’s game.” This provocative perspective suggests that contemporary investment success hinges not on discovering elusive “hidden gems” or outperforming the market with aggressive plays, but […]
After Diddy’s conviction, here’s where his business ventures stand
The recent conviction of Sean ‘Diddy’ Combs marks a profound and potentially devastating turning point, casting an immense shadow over the future of his multifaceted business empire. With the music mogul facing the grim prospect of a prison sentence stretching up to a decade, these legal proceedings have ignited widespread […]
Claudia Winkleman and keema naan: my picks for the new bank notes
In a bold departure from the customary reverence for historical figures and grand monuments, a compelling new discourse is emerging regarding the design of Britain’s bank notes, advocating for an refreshingly unconventional array of choices that more authentically mirror the fabric of modern British identity and everyday life. The ongoing […]
India Joins Japan, United States, and United Kingdom in Becoming Premier Sports Tourism Hotspots, Attracting Global Visitors and Revitalizing Local Economies with Popular Sports Events
The global sports tourism market is currently experiencing an unprecedented surge, transforming the landscape of international travel and economic development. With projections indicating a staggering growth to an astonishing $1.8 trillion by 2030, at a robust Compound Annual Growth Rate (CAGR) of 16.1%, this booming sector signifies a profound paradigm […]
How to save big on Prime Day by loading your carts now
As Amazon’s highly anticipated Prime Day approaches, savvy shoppers are already strategizing to maximize their savings during this massive online sales event. Expert advice from BestReviews consistently points to one pivotal strategy for unlocking unparalleled discounts: proactive preparation, notably by populating virtual shopping carts well in advance of the official […]
Air Defense Missiles Among Weaponry US Is Withholding from Ukraine, AP Sources Say
Recent reports from Washington indicate a significant recalibration in United States defense policy, involving a temporary cessation of certain critical weaponry shipments. This strategic pause, confirmed by anonymous sources, suggests a deliberate re-evaluation of current national security priorities and resource allocation within the U.S. government, impacting its broader US foreign […]
16 key provisions in Trump’s tax bill that passed the Senate
The United States Senate has successfully passed a pivotal tax bill championed by former President Donald Trump, introducing 16 key provisions set to reshape the landscape for American businesses and national economic policy. This legislative landmark signifies a substantial recalibration of the nation’s fiscal approach, designed with a clear emphasis […]
Colorado Springs fireworks shows set for Fourth of July despite tariff concerns
As the nation gears up to celebrate Independence Day, a wave of relief washes over Colorado Springs residents and visitors alike: the city’s much-anticipated Fourth of July fireworks displays are confirmed to proceed as planned, bursting forth in their traditional red, white, and blue splendor. This reassuring news comes despite […]
Ukraine looks to jointly produce weapons with allies as the US halts some shipments
Amid a strategic recalibration of global security assistance programs, nations are increasingly exploring collaborative avenues for defense production with their international partners, a significant shift influenced by evolving geopolitical landscapes. This proactive approach underscores a broader re-evaluation of established global defense strategies, prompting extensive discussions among policymakers, military strategists, and […]
Biden’s Climate Legacy in Jeopardy as Trump Targets LPO Spending
In a dramatic final push, the Biden administration’s Energy Department, particularly its Loan Programs Office (LPO), unleashed an unprecedented surge of nearly $42 billion for green energy projects in just its last two working days. This frenetic activity on January 16 and 17, 2025, capped an extraordinary spending binge that […]
Here’s how millions of people could lose health insurance if Trump’s tax bill becomes law
A contentious tax bill championed by former President Donald Trump looms as a significant threat to the healthcare coverage of approximately 11.8 million Americans, including a substantial number of adults and children. If this legislative initiative gains traction and is enacted, it could precipitate a widespread loss of vital health […]
4 ways to keep your financial data safe
In an increasingly interconnected world, the integrity and security of personal financial data have transitioned from a mere convenience to an absolute imperative. As digital interactions become more pervasive across all facets of life, individuals find themselves constantly navigating a complex landscape fraught with sophisticated data breaches, insidious online scams, […]
New Software Revolutionizes Excel Workflows for Everyday Users
For countless professionals who navigate the often-daunting complexities of Microsoft Excel, a new era of data interaction is dawning. Synovyx, an innovative Delaware-based software company, has launched EXCELERATE®, a groundbreaking data analysis platform poised to revolutionize how everyday users approach spreadsheet workflows. Designed specifically for non-specialists, this lightweight yet powerful […]
‘We’ve been ghosted by FEMA’: Officials across country say they can’t get answers on critical funding
A palpable sense of exasperation is sweeping across state and local governments nationwide, as officials increasingly report being ‘ghosted’ by the Federal Emergency Management Agency (FEMA) on matters of critical funding. This pervasive lack of communication and clear answers from the federal agency is not merely an inconvenience; it directly […]
Here’s how millions of people could lose health insurance if Trump’s tax bill becomes law
A sweeping domestic policy package championed by Republicans, centered on significant tax policy changes, could imperil the health insurance coverage of approximately 11.8 million Americans, including both adults and children, should it be enacted into law. This legislative proposal, currently navigating the complexities of congressional debate, signifies a critical juncture […]
Formula 1 owners to complete £3.6bn deal for MotoGP
In a groundbreaking development poised to reshape the global motorsport landscape, Liberty Media, the commercial rights holder and owner of Formula 1, is on the cusp of finalizing a monumental £3.6 billion acquisition of MotoGP. This strategic move, which has been in the works for some time, sees Liberty Media […]
Dad bought 30 pairs of adidas shoes and turned them into a £17m Liverpool company
From a modest collection of just 30 pairs of adidas shoes, an extraordinary entrepreneurial journey unfolded in Liverpool, culminating in the creation of a £17 million company that has left an indelible mark on the city’s dynamic fashion scene. This remarkable venture began not with vast capital, but with a […]
If keeping the triple lock means retiring at 74, it has to go
The contentious ‘triple lock’ policy, designed to safeguard state pensions, faces growing scrutiny as its long-term financial implications suggest an unsustainable trajectory, potentially pushing the retirement age to an unprecedented 74 years old. This politically popular guarantee, ensuring annual pension increases by the highest of inflation, average earnings, or 2.5%, […]
Elizabeth Warren Says Paramount’s Trump Lawsuit Settlement “Could Be Bribery In Plain Sight,” Plans Bill To Restrict Presidential Library Donations
Senator Elizabeth Warren (D-MA) has ignited a significant political and financial debate, calling for an urgent investigation into Paramount Global’s recent $16 million settlement with former President Donald Trump, alleging the transaction ‘could be bribery in plain sight.’ This strong accusation, stemming from Trump’s initial $20 billion lawsuit against the […]
Tesla sales plunge again as anti-Musk boycott shows staying power and rivals pounce on the weakness
Tesla, once the undisputed leader in the electric vehicle (EV) market, has recently experienced a significant and sharp downturn in its sales figures over the past three months. This notable decline signals a growing confluence of pressures stemming from shifting consumer sentiment and intensified competition, marking a pivotal moment for […]
Europe’s Green Energy Stocks Jump on Watered-Down U.S. Bill
European green energy stocks experienced a significant upturn on Wednesday morning, buoyed by the U.S. Senate’s passage of President Donald Trump’s ‘Big Beautiful Bill’. This legislative development, which saw the spending and tax bill enacted with notably less punitive provisions for green energy projects than initially feared, immediately sparked optimism […]