The Trump-Putin summit in Anchorage dominated headlines, with Putin outplaying Trump by demanding Ukraine cede territory and Kyiv reacting with a sense of betrayal as Washington's stance shifted, leading to a failed ceasefire deal despite a red carpet welcome for the Russian leader and subsequent attempts to manipulate Trump.
The Trump administration's policies are significantly impacting the US economic landscape, with environmental groups facing setbacks, international students being pushed away to other countries, and investors grappling with the shifting corporate environment.
The corporate world is navigating significant changes, with CEOs pushing for AI adoption despite their own understanding gaps, Texas introducing new laws that are creating a "Wild West" for corporate governance, and SpaceX facing scrutiny over tax payments, while Six Flags experiences a challenging summer and one dealmaker thrives in the media industry.
The Air Canada flight attendants strike has crippled the airline, prompting the Canadian government to intervene by imposing binding arbitration to bring an end to the impasse.
Emerging market companies are rushing to global debt markets as risk premiums fall, while US credit spreads have hit historic lows and China's corporate bonds are achieving record top credit ratings, though UK consumers face potential inflation impacts on their savings.
Emerging social trends include the rise of 'leisure crafting' for those seeking more structured hobbies and Gen Z's tendency to overspend on treats as a coping mechanism, alongside observations on grandparents' societal role and Ireland's rising cocaine consumption.
The business world sees Priscilla Presley embroiled in a financial feud with former partners and mourns the passing of Frank Savage, a prominent Black business leader who was entangled in the Enron scandal.
Global news highlights election protests in Ivory Coast, ongoing discussions around the Irish-British question, a first look at London's new Chancery Rosewood hotel, insights into an English boarding school, a culinary guide to Penang, and an interview with musician Bryce Dessner.