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ZAGREB, Croatia (AP) — A drone that apparently flew all the way from the Ukrainian war zone crashed overnight on the outskirts of the Croatian capital, Zagreb, triggering a loud blast but causing no injuries, Croatian authorities said Friday.A statement issued by Croatia’s government said the “pilotless military aircraft” entered Croatian airspace from neighboring Hungary…Continue Reading

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Data: RIAA; Chart: Jacque Schrag/AxiosDust off those plastic binders that lived in the back seat of your car and fire up the boombox, because compact discs are back.CD sales enjoyed year-over-year growth for the first time since 2004, according to the Recording Industry Association of America’s annual sales report.Combined with the decade-long vinyl sales explosion,…Continue Reading

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With Russia’s economy collapsing, its stock market cryogenically frozen and its bonds near default, global investors are set to endure major losses.Why it matters: For decades, Russian investments were a cornerstone of so-called “emerging market” investing, the financial world’s marketing rubric that helped encourage the free-flowing global investments that helped define the post-Cold War era.…Continue Reading

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Nuclear talks in Vienna between Iran and the world powers were officially “paused” on Friday, with no clear timetable for renewing them, according to the European Union’s top diplomat.Why it matters: Although a draft agreement is practically ready, Russia’s new demands that sanctions imposed over Ukraine won’t limit Moscow’s ability to conduct trade with Iran…Continue Reading