Mark Carney launches an $18 billion sovereign wealth fund in Canada. The new investment vehicle aims to bolster national economic growth and capital development.

Tariff policy changes could swell federal budget deficits by $1.1 trillion over 10 years, CBO director projects, though exact impact remains uncertain.

Recent shifts in US tariff policy may add $1.1 trillion to federal budget deficits over a 10-year period, though exact calculations aren’t yet possible, according to the director of the nonpartisan Congressional Budget Office.

Oracle says Project Jupiter will generate 4,000 construction jobs and 1,500 permanent positions; company to cover all energy costs.

Oracle says Project Jupiter is expected to generate 4,000 construction jobs and 1,500 ongoing positions; the company will cover all energy costs for the project.

Ray-Ban heir Leonardo Del Vecchio agrees to buy siblings' stakes in holding company for €10B ($11.7B).

Leonardo Maria Del Vecchio, heir to the Ray-Ban fortune, agreed to buy two of his siblings’ stakes in the family holding company for about €10 billion ($11.7 billion).

Security assessments indicate Iran's economy cannot sustain a naval blockade for more than six to eight weeks, as officials warn that unemployment and economic crisis pose a severe threat to the regime.

Security institutions assess that Iran's economy faces collapse within six to eight weeks if a naval blockade continues, citing rising unemployment and economic instability as critical threats to the regime.