The Price of Money Is Rising Again — And the Global Economy Is Starting to Feel It

ABE NEWS | OCTOBER 1, 2026 For much of the past decade, the global economy became accustomed to one powerful idea: money could be borrowed cheaply. Governments borrowed to finance spending. Companies borrowed to expand. Homebuyers benefited from relatively inexpensive mortgages. Investors poured money into stocks, technology companies and other assets because interest rates offered…

Read Full News

Oil Above $100, Bond Yields Above 5%: The Two Numbers Suddenly Hanging Over the Global Economy

  ABE NEWS | September 15, 2026 For much of the past few years, the global economy has been waiting for relief. Inflation had retreated from its worst levels, businesses had adjusted to a world of higher interest rates, and investors were increasingly looking toward the moment when borrowing costs could finally begin moving lower….

Read Full News

WEEK IN BUSINESS: Nvidia’s $13B AI Bet, ByteDance’s $29.6B Loan, Dangote’s Historic IPO Push and the Rate-Hike Shock

  ABE NEWS | Week in Business | Friday, September 4, 2026 Welcome to ABE NEWS Week in Business — our Friday look back at the companies, markets, money and economic developments that defined the week. And this week delivered something remarkable. Nearly everywhere you looked, businesses were confronting the same fundamental question: How much…

Read Full News

India’s Economy Surges 7.8% — The Global Growth Giant Is Accelerating Again

  ABE NEWS | August 31, 2026 India has opened its new financial year with another powerful economic performance, expanding 7.8% year-on-year during the April–June quarter and beating expectations as investment, manufacturing, financial services and domestic demand helped the world’s most populous country maintain growth that most major economies can only envy. The result exceeded…

Read Full News

India Approves Jio’s $3.8 Billion IPO — Its Biggest Stock-Market Debut Could Be Coming

  ABE NEWS | August 29, 2026 India is preparing for what could become the biggest initial public offering in its history. Jio Platforms, the digital empire controlled by billionaire Mukesh Ambani’s Reliance Industries, has received approval from India’s securities regulator for an IPO expected to raise approximately $3.8 billion. The proposed offering would put…

Read Full News

Trump Says U.S. Secured Control Over 65 Billion Barrels of Venezuela’s Oil — A Historic Energy Gamble Begins

  ABE NEWS | August 29, 2026 The United States is making an extraordinary move into Venezuela’s vast oil industry. President Donald Trump says Washington, working with Venezuela’s interim government and private companies, has secured majority control over more than 65 billion barrels of proven Venezuelan oil reserves — an amount equivalent to roughly one-fifth…

Read Full News

The Week in Business: Nvidia’s AI Boom, Canada’s Trade Shock, Meta’s $18 Billion Reckoning and Oil’s Wild Ride

  ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…

Read Full News

Canada’s Economy Roars Back With 3.3% Growth — But Trump’s Trade War Threatens the Comeback

  ABE NEWS | August 28, 2026 Canada’s economy has delivered a surprisingly powerful comeback. After months of weak growth, recession fears and mounting pressure from its trade confrontation with the United States, the Canadian economy expanded at an annualized rate of 3.3% in the second quarter of 2026, its strongest pace of growth since…

Read Full News

Nvidia Says the AI Boom Has Years Left to Run — After Blockbuster Earnings and Reported $12.9 Billion Hugging Face Deal

  ABE NEWS | August 27, 2026 The question hanging over the artificial-intelligence boom has been getting louder: How long can this extraordinary spending continue? Nvidia just delivered its answer. The world’s dominant supplier of artificial-intelligence chips reported another enormous quarter, with revenue reaching $96.2 billion, more than double the level recorded a year earlier….

Read Full News