ABE NEWS | MONDAY, AUGUST 17, 2026 The weekend was supposed to help. Canadian negotiators stayed in Washington. Meetings continued. Officials kept talking. Sunday came. Another meeting happened. And now it’s Monday morning. There is still no deal. That matters because Canada and the United States are no longer negotiating against some distant deadline….
ABE NEWS ORIGINAL | SUNDAY, AUGUST 16, 2026 The stock market is breaking records. Corporate profits are strong. Inflation is cooling. And economists can point to plenty of numbers suggesting the American economy is still standing. There is just one problem. A lot of ordinary people don’t feel it. Ask someone whether the S&P…
Oil is climbing again. But this story is no longer just about the price of a barrel. It’s about a narrow stretch of water connecting the Persian Gulf to the rest of the world. The Strait of Hormuz. Before the current war, roughly one-fifth of the world’s oil and liquefied natural gas flows passed…
Canada and the United States have been talking almost every day. Ministers are meeting. Negotiators are working behind the scenes. Both governments say they want an agreement. But with only days remaining before a major tariff deadline, there is one uncomfortable problem: They still don’t have a deal. Canadian Trade Minister Dominic LeBlanc told…
The world gave investors plenty of reasons to worry this week. Oil remained expensive. The Strait of Hormuz remained severely disrupted. Washington and Tehran remained far apart. Long-term U.S. borrowing costs flashed warning signs. Consumers showed signs of becoming more cautious. And businesses continued trying to figure out what an increasingly unpredictable global economy…
Africa has spent decades watching some of its biggest businesses look overseas when they need serious money. London. New York. International banks. Foreign institutional investors. But one of Africa’s biggest industrial projects is preparing to do something different. Dangote Petroleum Refinery wants Nigerians themselves to become owners. The company is preparing for an initial…
THE ABE HOOK Americans haven’t stopped spending. But they may finally be getting more careful about where their money goes. After months of surprisingly strong consumer spending, July delivered a warning: retail sales fell much more than economists expected. And with gasoline back above $4 in parts of the country as the Middle East…
Oil is rising. Ships are being attacked. Traffic through one of the most important waterways in the global economy has nearly ground to a halt. The United States says its naval blockade of Iran could continue indefinitely. And Wall Street? Almost nothing. Global stocks entered Friday trading close to record highs. The MSCI All-World…
THE ABE HOOK Fourteen months. That’s roughly how long it took for the Los Angeles Lakers to go from being valued at $10 billion in one ownership deal to $12.5 billion in another. Not because the Lakers suddenly discovered a new sport. Not because basketball changed overnight. But because owning one of the world’s…
THE ABE HOOK Coach is growing. Young shoppers are buying its bags. Sales are rising. International business is expanding. And its parent company just delivered better-than-expected quarterly profit. So why did Wall Street send the stock crashing by roughly 15%? Because investors aren’t worried about Coach. They’re worried about what comes next — and…
