Semafor • Sep 17, 2025
Dangote Refinery exports to the US
The exports mark the expansion of Africa’s largest oil refinery’s operation beyond just the local supply of refined products in Nigeria.
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Semafor • Sep 17, 2025
Nigeria suspends key import levy
The move comes as the government seeks to push trade growth and tame inflation.
Semafor • Sep 17, 2025
Major African currencies depreciated 51% since 2020
Currency weakness in Africa has been “more damaging” compared to other emerging regions, Nigerian data analytics company Stears said in a report.
Semafor • Sep 17, 2025
Oil bears are missing the market's underlying strength
OPEC+ production boost, China’s stockpiling, and anemic investment indicate that demand may be stronger than anticipated.
Semafor • Sep 17, 2025
US, Mexico, Canada conduct major trade review
Though the current framework was agreed during Donald Trump’s first term, concerns are rising that the president’s brinksmanship may derail the review.
Semafor • Sep 17, 2025
Nigeria sends first gasoline shipment to US
African leaders across the continent have vowed in recent months to bolster their energy independence, including via renewable energy investments.
Semafor • Sep 17, 2025
Fed stares down a widely anticipated rate cut
Today’s Fed meeting takes place at a time of unprecedented political pressure on the central bank, in particular Chair Jerome Powell.
Semafor • Sep 16, 2025
US retail sales rise for third straight month
The Federal Reserve is closely watching spending trends as policymakers debate a path for interest rate cuts.
Current Affairs • Sep 16, 2025
Unfortunately, Donald Trump is Not a Socialist
Either Governor Gavin Newsom doesn’t understand the meanings of basic economic terms, or he’s deliberately misleading people. Those are really the only explanations for his comments over the past few weeks, in which he’s repeatedly attacked Donald Trump by calling him, of all things, a socialist. Newsom and his staff have taken to posting sassy all-caps tweets mocking Trump’s speaking style (in lieu of actual political arguments), and they’ve made several posts on the topic: “ALL HAIL CHAIRMAN TRUMP! WITH HIS GLORIOUS 10% PURCHASE OF INTEL, THE SOCIALIST REPUBLIC OF AMERICA ENTERS A BOLD NEW ERA OF GOVERNMENT-RUN BUSINESS.” Or, more straightforwardly: “DONALD TRUMP IS A SOCIALIST! — GCN.” By themselves, these might seem to just be absurd memes, part of Newsom’s overall strategy of needling and annoying Trump however he can. But Newsom repeats this stuff in serious interviews, too. “This guy has completely perverted capitalism,” he said of Trump during a recent podcast, adding that “this guy is the leading nationalist and socialist of our time.”
Headlines
360 headlinesThese Haitian Meatpacking Workers Face Deportation. They Voted to Strike Anyway.
Mother Jones •
Michigan Lawsuit Calls Big Oil a “Cartel” That’s Driving High Energy Bills
Mother Jones •
Why corporate America is mostly staying quiet as federal immigration agents show up at its doors
The Conversation •
Has Little Caesars Arena boosted economic activity in Detroit? We looked at hotel and short-term rental industry data to find out
The Conversation •
Bad Bunny, Billionaires, and the Business of Sports
Mother Jones •
Data centers told to pitch in as storms and cold weather boost power demand
The Conversation •
Denmark’s generous child care and parental leave policies erase 80% of the ‘motherhood penalty’ for working moms
The Conversation •
Ignoring China’s Poverty Alleviation Success Is Costing Us All
Scheer Post •
3 things to know about Kevin Warsh, Trump’s nod for Fed chair
The Conversation •
Mamdani Announces New Settlement Securing Backpay for Delivery Workers
Mother Jones •
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