Economy
Markets, policy, labor, and the financial systems shaping daily life.

Iceland rejects EU membership plan in referendum held under the shadow of Trump’s Greenland threats | CNN
Icelanders have voted to stay out of the European Union, broadcaster RUV reported on Sunday, rejecting a government push to reopen membership talks and siding with those who said Iceland’s fishing waters were too important to risk.
No, Tehran is not winning | CNN Politics
As the latest phase of the war unfolds, Iran is losing its leverage in Hormuz

Six months on, Trump’s Iran ‘excursion’ risks igniting crises far beyond the Middle East | CNN
When US President Donald Trump launched his war against Iran, he called it an “excursion” that would take just a few weeks. Six months later, the conflict has become a nightmare for almost everyone even remotely involved in it.

A tiny nordic nation weighs moving closer to Europe under the shadow of Trump | CNN
Iceland’s freezing temperatures typically last about five months of the year, but the government has chosen a balmy summer day for its pivotal national referendum. On Saturday, residents of the Nordic island are voting on another un-thawing of sorts – whether to restart long-frozen talks to join the European Union.

Stripe didn't really buy OpenRouter because of the 'singularity' | TechCrunch
What does a payments giant want with a startup that routes prompts between different AI models? Stripe says it's because of "the singularity" but it's really for a far more real and powerful reason.

National debt reaches grim $40 trillion milestone. Here’s why that matters | CNN Business
The United States is digging itself into an ever-deeper debt hole.