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Japan Raises Rates to 31-Year High to Ward Off War Inflation6:48 Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions. China’s Spending Slowdown Deepens as Households Tighten Their Belts6:48 The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter. How Kratom, an Addictive Gas Station Drug, Found Allies in Trump’s Cabinet23:35 With support from Markwayne Mullin and Robert F. Kennedy Jr., the kratom industry is pursuing a potentially lucrative policy. Mr. Mullin owns equity in a company that could benefit. Will SpaceX Fortunes Trickle Down to This Texas Town?19:34 Elon Musk built a huge complex outside the city of Bastrop, population 14,000. Its residents now wonder what the historic SpaceX initial public offering might mean for them. Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis15:30 The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended. SpaceX’s Stock Rises Ahead of First Full Day of Trading14:55 After notching big gains on its debut on Friday, the company’s shares jumped again on Monday before the market opened. Global Markets Rally on Iran Peace Hopes14:20 A framework agreement could be signed later this week, but details are scarce. Still, investors are cheering the potential breakthrough. Shipping Firms, Awaiting Details, Are Cautious of U.S.-Iran Deal14:20 Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits. What to Know About Planned Social Media Bans Around the World13:45 Britain said it would ban social media access for children under 16 starting in 2027, joining several other countries introducing similar measures. Britain Announces Social Media Ban for Children13:45 Prime Minister Keir Starmer said his government planned to bar children under 16 from social media, following policies in Australia and elsewhere. China Moves the Price of Oil, Even When It Buys Less13:10 China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market. To Toast America’s Birthday, They Blended Bourbon From Every State11:27 United States of Bourbon, the result of a Vermont couple’s many road trips, is just one of several special whiskeys marking the 250th. Taking on Neo-Nazis, One Trademark at a Time11:27 In Germany, a campaign called Rights Against the Right is securing trademarks for right-wing symbols and phrases, aiming to cut into a revenue stream that sustains hate groups. Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain15.června For months, Asia has suffered a physical supply crunch that will likely drag on its economies long after the crucial waterway reopens. |
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