ABE NEWS | WEDNESDAY, AUGUST 26, 2026 Oil prices are falling sharply, global markets are breathing a little easier, and one of the most economically important waterways on Earth may finally be moving toward a partial reopening. But beneath Wednesday morning’s optimism lies a much more complicated reality: the Strait of Hormuz remains severely…
ABE NEWS | THE WEEK IN BUSINESS | FRIDAY, AUGUST 21, 2026 Some weeks in business are dominated by one enormous event. This wasn’t one of them. Instead, the global economy spent the week sending signals from almost every direction. The United States crossed $40 trillion in national debt. Long-term government borrowing costs reached…
ABE NEWS | FRIDAY, AUGUST 21, 2026 Bitcoin is suddenly moving again. The world’s largest cryptocurrency surged above $76,000 on Friday, reaching its highest level in more than two months and putting it on course for a gain of roughly 20% this week — its strongest weekly performance in about two and a half…
ABE NEWS | TUESDAY, AUGUST 18, 2026 Oil is above $90. Government borrowing costs are surging. Technology stocks are falling. And one U.S. interest rate has reached a level investors haven’t seen since 2007. At first, those sound like four different stories. They’re not. Tuesday’s market selloff is showing exactly how quickly trouble in one part…
ABE NEWS | TUESDAY, AUGUST 18, 2026 Two days ago, the question was: What happens if the Strait of Hormuz stays disrupted? Tuesday morning gave us another part of the answer. A ship has been hit. A crew casualty has been reported. Oil has climbed above $90. Iran says the strait will remain closed…
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…
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…
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…
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…
