
Business Times
News, intelligence, and analysis on the forces reshaping the global economy.

Prince Harry Redirects Diana Fund Money From Sentebale to Botswana Elephant Conservation
Prince Harry redirected his 2025 share of proceeds from the Diana, Princess of Wales Memorial Fund to an elephant-conservation organization in Botswana, ending a yearslong pattern of sending the money to Sentebale as his relationship with the charity he co-founded deteriorated into a legal dispute.

Prince Andrew Could Receive $11 Million Royal Funeral as Epstein Ties Fuel Taxpayer Backlash
Andrew Mountbatten-Windsor could still receive a royal funeral involving a multimillion-dollar security and ceremonial operation despite losing his titles and public role amid years of scrutiny over his relationship with Jeffrey Epstein, according to reports that are prompting calls for the British government to abandon any such plans.

Karoline Leavitt Steps Down From White House; PR Expert Calls President a ‘Very Demanding Boss’
White House Press Secretary Karoline Leavitt will step down at the end of August, President Donald Trump announced Wednesday, forcing the administration to find a new public face ahead of the midterm elections after the youngest press secretary in U.S. history said she could no longer balance the demands of the job with raising two young child

Trump’s Late-Night Truth Social Posts Draw ‘Sundowning’ Claim From Geriatric-Care Specialist
President Donald Trump's late-night Truth Social activity and public mannerisms are drawing renewed scrutiny after a healthcare specialist argued that some of his behavior resembles symptoms seen in dementia patients, including a phenomenon known as "sundowning." The claims, made by licensed physical therapist Adam James in an interview with m

Trump Orders Major Cut to U.S.-South Korea Military Drills, Citing Relationship With Kim Jong Un
President Donald Trump ordered the Pentagon to substantially scale back a major U.S.-South Korea military exercise just hours before it was scheduled to begin, arguing that the drills were costly and unnecessarily hostile toward North Korea as he signaled renewed interest in diplomacy with Kim Jong Un.

Russia’s Economy Shows Strain as Analysts Warn Putin Could Escalate Ukraine War Before Money Runs Short
Russia's economy returned to growth in the second quarter, but mounting pressure from wartime spending, sanctions and Ukrainian attacks on infrastructure is raising a potentially counterintuitive concern among analysts: President Vladimir Putin could have an incentive to escalate the war rather than wait for Moscow's financial position to dete

Anthropic Revenue Surges Past $11.5 Billion as Blockbuster IPO Takes Shape
Anthropic generated more than $11.5 billion in preliminary second-quarter revenue, a more than 14-fold increase from a year earlier, as the Claude developer moves closer to a potential initial public offering that could become one of the largest technology listings on record.

Federal Sex-Trafficking Prosecutions Drop 22% Under Trump as DOJ Resources Shift
Federal sex-trafficking prosecutions have fallen sharply under President Donald Trump despite his administration's pledge to make combating trafficking a major law-enforcement priority, with Justice Department charges dropping to their lowest pace in more than 15 years, according to a Reuters review of federal court records.