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OPEC Output Rose in July Led by Gulf Nations, Survey Shows

dailynewsnblog
Business & Economy
August 4, 2026
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According to the survey, the kingdom’s production rose by 390,000 barrels a day to 7.4 million barrels a day, an increase that still leaves output several million barrels short of pre-conflict volumes. Its exports also came under pressure as Iran’s allies in Yemen, the Houthi rebel group, threatened tankers on the Red Sea route used by the Saudis as an alternative to the Persian Gulf.

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dailynewsnblog
Business & Economy
August 4, 2026
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World Cup match days kicked up spending in Toronto and Vancouver: Visa data

Croatia takes on Panama at Toronto Stadium during the first half of a World Cup Group L soccer match, in Toronto, on Tuesday, June 23, 2026. THE CANADIAN PRESS/Chris Young…

dailynewsnblog
Business & Economy
August 4, 2026
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Estimating the Economic Value of Zoning Reform

We estimate the economic value of zoning reform in São Paulo, which altered maximum permitted construction along transportation corridors. Developers increased filings for multifamily construction in blocks affected by the…