Venezuela Earthquake Death Toll Mounts, Economic Losses Soar
A powerful earthquake struck Venezuela, killing dozens and causing widespread destruction. The quake's impact is being felt across the regio…
Economy
63 articles
ECB Scales Back Rate Hike Predictions as Oil Prices Stabilize
The European Central Bank's rate hike forecasts have been revised downward as oil prices return to pre-war levels. This development comes am…
Cargo Ship Hit by Projectile in Strait of Hormuz
A cargo ship was struck by an unidentified projectile in the Strait of Hormuz, damaging the vessel but leaving the crew unharmed. The incide…
Micron Boosts AI Trade; SK Hynix Eyes US Listing
Micron Technology and SK Hynix are making headlines in the tech industry. Micron's shares rose on Thursday, reviving the AI trade. SK Hynix …
Brexit a Decade On: Success or Failure?
The UK voted to leave the EU ten years ago, changing Britain forever. The decision has had lasting economic, political, and social consequen…
Small Cap Supplier to SpaceX Gains Boost
Graham Corporation, a manufacturer based in upstate New York, is benefiting from SpaceX going public earlier this month. The company produce…
UN Evacuates Stranded Sailors from Strait of Hormuz
The United Nations has begun evacuating around 11,000 sailors stranded in the Strait of Hormuz since February 28. The sailors were stuck whe…
Alan Greenspan's Enduring Legacy
Former Federal Reserve Chairman Alan Greenspan died, prompting tributes from colleagues and market players who witnessed his 18-year tenure.…
Porsche Cuts Models to Boost Profitability
Porsche AG reaffirmed its profit forecast for the year as it streamlines operations to revive margins hit by US tariffs and weak Chinese dem…
Cities Must Set Conditions for AI Infrastructure Boom
The digital economy we rely on today runs on infrastructure that remains largely invisible to the public. From messaging apps to healthcare …
Rate-Shock Hedges: Goldman Sachs' Top Picks for a Federal Reserve Surprise
In a move that highlights growing uncertainty around the Federal Reserve's policy path, Goldman Sachs has identified bond puts as some of th…
Alan Greenspan, Former Fed Chair, Dies at 100
Alan Greenspan, a highly influential figure in US monetary policy, passed away on June 21, 2026, at the age of 100. He led the Federal Reser…
Alan Greenspan, Former US Federal Reserve Chair, Dies at 100
Alan Greenspan, the former chairman of the US Federal Reserve, has died at the age of 100, his family announced on Monday. He led the Fed fo…
EasyJet Spurns Castlelake Takeover Attempts
EasyJet rejected three takeover bids from Castlelake on June 22nd, 2026. The UK budget airline deemed the proposals not in its shareholders'…
China Imposes Sanctions on US Firms
China announced sanctions against 10 US companies linked to the military on Monday, in response to US restrictions on Chinese exports. The m…
Bond Traders Reeling from Fed's Pivot on Price Gauge
Federal Reserve Chair Kevin Warsh left a news conference in Washington on June 17 after an FOMC meeting. Bond traders were caught off guard …
Gaza Residents Struggle as Bank Accounts Frozen
Palestinians in Gaza are facing financial hardship after the Bank of Palestine froze or closed their accounts without explanation. The move …
European Stocks Regain Lead as Stagflation Fears Subside
European stocks are outperforming others for the second half of the year, driven by a shift in investor sentiment. The prospect of peace in …
Iran Presses Advantage Amid Challenges
Iran has secured an interim deal with the US, marking a strategic victory that enables it to sell oil on the global market. The agreement ha…
India's Rate Setters See Improved Outlook as Middle East Risks Ease
India's monetary policy committee voted to maintain interest rates, prioritizing economic growth amidst easing geopolitical tensions in the …
US-Iran Deal Eases Market Tensions
The global oil market is focusing on the Strait of Hormuz after a US-Iran interim deal was signed on June 19, 2026. The agreement aims to en…
<Iran's Resilience: Why a Deal with the US May Have Strengthened Tehran's Position>
Iran has emerged from the first chapter of the conflict stronger than many anticipated, but the next phase remains uncertain. The country's …
Exploring the Lasting Legacy of Slavery
The Shockoe Institute in Richmond, Virginia, opened its doors this spring to examine the ongoing effects of slavery and ways to promote free…
US Global Dominance Called into Question by Iran Conflict
The ongoing conflict in Iran has sparked debate over the United States' status as a global superpower. While the US remains unmatched in its…