‘Trump accounts’ are great — if you’re already rich

Summary: A tanker was struck by a projectile off Oman while transiting a US-protected lane, according to UKMTO, even as Pakistan’s Interior Minister Mohsin Naqvi reported significant progress in talks with Iranian leadership; oil eked out a small gain on the session Gold pushed above $4,690, approaching resistance near the $4,700 round number, before dropping…

By Ruchi Bhatia and Anup Roy   India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind of persistent inflation that would warrant higher interest rates.  Reserve Bank of India Governor Sanjay Malhotra stressed a data-dependent approach…

Gary Stevenson, the economics commentator and YouTuber known for advocating wealth taxation on high-value property, has announced he is stepping back from his YouTube channel citing exhaustion and burnout. Stevenson, who has accumulated 1.6 million subscribers on his Garys Economics channel since its 2020 launch, has been a prominent voice calling for a 2% annual…

Gilbert AvanesCFO, Executive VP & Treasurer Thanks for joining the 2026 Second Quarter Earnings Call for Reading International, Inc. My name is Gilbert Avanes, I’m the company’s Chief Financial Officer and Treasurer. Joining me today is Ellen Cotter, our President and CEO. After I run through the normal caveats, I’ll start by presenting the results…

Key insight: FDIC and OCC proposed CRA rule changes aimed at curbing grant funding for “activist causes.”  What’s at stake: Exams would narrow to focus mainly on lending, dropping deposit services from the retail assessment. Forward look: The proposal is subject to a 60-day comment period once it hits the Federal Register.  WASHINGTON — A…