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A large plume of smoke rises over St. Petersburg following a Ukrainian drone strike targeting logistics facilities operated by Wildberries, Russia’s largest online retailer, on July 24, 2026 in St. Petersburg, Russia. Anadolu | Anadolu | Getty Images Ukraine’s drone attacks on Russia’s biggest online retailer Wildberries have ratcheted up the pressure on Moscow’s wartime…
by Calculated Risk on 1/06/2026 10:54:00 AM This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the December 2025 seasonally adjusted annual sales rate (SAAR) of 311 thousand. Note: “Heavy trucks – trucks more than 14,000 pounds gross vehicle weight.” Click on graph for larger image. Heavy…
On July 1, Robinhood Markets (HOOD 3.96%) launched its new Layer-2 blockchain, Robinhood Chain. Its Robinhood Wallet also began routing perpetual futures — leveraged crypto derivatives with no expiration date — through Lighter (LIT 11.82%), a decentralized crypto exchange that launched last December. Lighter’s token spiked on the news as did Robinhood’s stock. So is…
Apple and Nvidia battled it out on Friday for the title of world’s most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped to $4.84 trillion in early morning trading, while Apple hovered near a $4.88 trillion market…
But Trump’s decision to impose 50% tariffs on a swathe of Canadian goods threatens to inject a fresh dose of chaos and raise new questions about which sectors of the economy will be affected. Negotiators face race against the clock after latest tariff announcement Yesterday, Trump invoked Section 338 of the Tariff Act to introduce…
Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…