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Mon, Jun 22, 2026 11:28 PM All times are UTC

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Ireland’s Economy Faces 1.8% Decline by 2032 Amid U.S.-EU Trade Tensions

Mar 21, 2025 10:28 am UTC| Economy

Irelands domestic economy could shrink by up to 1.8% by 2032 if the United States and European Union impose lasting tit-for-tat tariffs, according to a study co-authored by Irelands finance ministry and the Economic and...

China’s Restaurant Meltdown: Price Wars, Closures, and a Struggling Economy

Mar 21, 2025 10:28 am UTC| Economy

In a rundown warehouse on the outskirts of Beijing, entrepreneur An Dawei surveys rows of used industrial kitchen equipmentremnants of failed restaurants across the city. For the average person, opening a restaurant is...

Aussie Supermarkets Under Fire as Prices Soar and Profits Rise

Mar 21, 2025 10:28 am UTC| Economy

Australias top supermarket chainsWoolworths, Coles, and ALDIhave expanded profit margins amid soaring grocery prices, according to a new report by the Australian Competition and Consumer Commission (ACCC). The watchdog...

Oil Prices Climb on US Sanctions, OPEC+ Cuts Fuel Supply Fears

Mar 21, 2025 10:28 am UTC| Economy

Oil prices rose in early Asian trading Friday, heading for a second straight week of gains as fresh U.S. sanctions on Iran and new OPEC+ output cuts fueled concerns over tightening global supply. Brent crude futures gained...

Japan Inflation Stays Sticky in February, Boosting BOJ Rate Hike Bets

Mar 21, 2025 09:19 am UTC| Economy

Japans consumer inflation remained elevated in February, fueling expectations that the Bank of Japan (BOJ) will continue tightening monetary policy in 2024. Government data released Friday showed the national Consumer...

Wall Street Slips as Fed Rate Cut Optimism Fades; Apple, Tesla in Focus

Mar 21, 2025 09:19 am UTC| Economy

The SP 500 closed lower Thursday as investor optimism over the Federal Reserves outlook for two rate cuts in 2025 faded. The Dow Jones Industrial Average dipped 11 points (0.03%), while the SP 500 and NASDAQ Composite each...

Akasa Air Faces Boeing Delays, Pilot Frustrations, and Expansion Challenges

Mar 20, 2025 12:27 pm UTC| Economy

Indias Akasa Air is grappling with major setbacks as Boeings (NYSE:BA) delayed 737 MAX deliveries disrupt operations, leaving hundreds of pilots idle. Despite public confidence in Boeing, Akasa executives have expressed...

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Economy

Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets

U.S. stocks closed mixed on Monday as a sharp decline in Alphabet shares pressured the communication services sector, while investors closely monitored evolving developments in the Middle East and assessed the Federal...

Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low

Global oil prices extended their recent decline on Monday as optimism grew over ongoing U.S.-Iran peace negotiations and the reopening of the vital Strait of Hormuz. The easing of geopolitical tensions in the Middle East...

Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks

Japans financial authorities are maintaining uncertainty over potential currency intervention as the Japanese yen hovers near its weakest level in nearly four decades. Market participants are closely watching government...

Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks

Gold prices delivered a mixed performance on Monday as a stronger U.S. dollar and shifting expectations for Federal Reserve policy counterbalanced support from geopolitical developments and ongoing market uncertainty. Spot...

US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments

The U.S. dollar climbed to its strongest level in more than a year on Monday as investors increased bets on tighter Federal Reserve policy, outweighing the impact of easing oil prices and diplomatic developments in the...

Politics

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

US Waives Iran Sanctions for 60 Days as Peace Talks Advance and Lebanon Sees Calm

The United States has granted Iran a 60-day sanctions waiver following the first round of negotiations under a newly established peace agreement, signaling a potential breakthrough in efforts to ease tensions across the...

Rubio Gulf Tour Aims to Reassure Allies on Trump’s Iran Deal

U.S. Secretary of State Marco Rubio will visit the United Arab Emirates, Kuwait, and Bahrain from Tuesday through Thursday as the Trump administration seeks to strengthen support for its preliminary agreement with Iran...

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Qualcomm is reportedly in advanced negotiations to acquire AI chip startup Modular Inc. in a deal valued at approximately $4 billion, according to a Bloomberg News report citing sources familiar with the matter. If...

US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation

A potential easing of tensions between the United States and Iran is redirecting Washingtons attention toward major technology policy initiatives and executive actions, according to a new report from Wolfe Research. The...

Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns

Googles newly introduced open-source liquid-cooling design for AI data centers is drawing attention across the data center infrastructure industry, with analysts suggesting it could accelerate the commoditization of...