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5 articles summarized · Last updated: LATEST

Last updated: August 8, 2026, 11:40 AM ET

Public Markets

Mark Carney offered U.S. concessions to avert 50% tariffs on Canadian goods, pushing for a comprehensive deal. Oil markets were rattled after an Iranian missile struck a UAE tanker, even as Iran neared a pact with Oman to reopen the Strait of Hormuz. In equities, Berkshire Hathaway’s Greg Abel ended a three-year net selling streak, deploying $20bn into stocks and signaling a bullish turn on valuations. A tough crypto week drove traders to a Bitcoin bar. Netflix staged a billboard stunt on Sunset Boulevard to promote a new thriller amid a summer slump.