Banks and credit unions collected an estimated $12.4 billion in overdraft and bounced-payment fees last year - NewsBreak

• Crude oil prices exceeding $100 per barrel are creating a simultaneous price and supply shock across Asia. • Middle East output is falling, leading analysts to warn of lasting demand destruction as fuel demand drops and inflation rises.

• The global air-activated inflation packs market is projected to expand through 2035 due to rising e-commerce packaging needs and the transport of sensitive electronics. • Asia-Pacific will maintain its position as the largest producer and consumer, supported by China's manufacturing base and Southeast Asian e-commerce growth.

• The global market for laminated polypropylene FIBCs, which are large industrial bags, is projected to grow through 2035. • The market is expected to expand at a compound annual growth rate of 4.5%.

• The global air-oil coalescer elements market is projected to grow through 2035 due to semiconductor factory construction and ISO 8573 compressed air purity standards. • Consumables and replacement parts drive the majority of the market, accounting for 70% to 80% of annual demand.

• The global recycled rigid plastic scrap market is projected to grow at a compound annual growth rate of 5-7% through 2035. • Asia-Pacific currently leads the industry, holding an estimated 45-50% share of global recycling capacity.

• The global polyvinyl alcohol (PVA) seed coatings market is projected to grow at a compound annual growth rate of 6% through 2035. • Growth is driven by the adoption of precision agriculture and the use of PVA as a carrier for biological seed treatments.

• The global modified starch sizing compounds market is projected to grow at a compound annual growth rate of 4-6% through 2035. • Asia-Pacific currently leads the market by accounting for approximately 55-65% of global demand, driven primarily by China, South Korea, and Taiwan.

• The Chitosan Bioflocculant Powder market is projected to grow through 2035 as industries shift toward biodegradable treatment chemicals for wastewater. • Growth is driven by regulatory bans on synthetic polymers in electronics manufacturing and the expansion of semiconductor fabrication capacity in Asia.

• The Bank of England kept the United Kingdom's main interest rate unchanged on Thursday. • The central bank maintained the rate at 3.75% despite inflation hitting a five-month high.

• Magdalena Andersson, leader of the left-wing Social Democrats, invited other leftist parties to government formation talks on Thursday following a narrow election victory. • The decision followed the tallying of overseas and early votes that took several days to finalize.

• The Internal Revenue Service suspended the processing of more than 14 million individual tax returns during the 2026 filing season. • Roughly one in every ten returns filed failed to move directly from submission to refund due to an automated filing system issue.