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Tue, Jun 23, 2026 12:39 AM All times are UTC

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China’s CPI Drops Sharply as Deflationary Pressures Persist

Mar 09, 2025 14:35 pm UTC| Economy

Chinas consumer price index (CPI) fell 0.7% in February, marking the steepest decline in 13 months and reversing Januarys 0.5% rise. The drop exceeded economist forecasts of a 0.5% decline, reflecting weak domestic demand...

European Heat Pump Market Faces Mixed Fortunes in 2025 Amid Policy Uncertainty

Mar 08, 2025 11:42 am UTC| Economy

The European heat pump sector is experiencing contrasting trends in 2025, with the UK emerging as a growth leader while Germany and France face sales declines due to shifting policies and economic uncertainties. Germany,...

China Hits Canada with $2.6B in Tariffs Amid Growing Trade War

Mar 08, 2025 11:42 am UTC| Economy Politics

China announced new tariffs on over $2.6 billion worth of Canadian agricultural and food products, retaliating against Ottawas import duties on Chinese EVs, steel, and aluminum. The tariffs, effective March 20, mirror the...

Japan Must Address Trump's Concerns Over Yen Policy, Says Ex-BOJ Chief

Mar 08, 2025 11:42 am UTC| Economy Politics

Former Bank of Japan (BOJ) Governor Haruhiko Kuroda emphasized the need to clear up any misunderstanding U.S. President Donald Trump might have regarding Japans monetary policy. Trump recently claimed that Japan and China...

U.S. Copper Tariffs May Lift Prices but Have Limited Impact on Imports

Mar 08, 2025 11:42 am UTC| Economy Business

Potential U.S. tariffs on copper are unlikely to curb imports but could push domestic prices higher, benefiting American producers like Freeport-McMoRan. Since the U.S. election, the Comex-LME copper futures spread has...

Europe Weighs Ukraine Aid as U.S. Support Wavers

Mar 08, 2025 11:42 am UTC| Economy Politics

UK Prime Minister Keir Starmer hosted an emergency meeting in London with European leaders, NATO Secretary General Mark Rutte, and the Prime Ministers of Turkey and Canada to discuss Ukraine aid amid concerns over a...

Dollar Drops as Weak Jobs Data Fuels Fed Rate Cut Expectations

Mar 08, 2025 05:44 am UTC| Economy

The U.S. dollar slumped to multi-month lows against major currencies on Friday after data showed weaker-than-expected job growth, reinforcing expectations of multiple Federal Reserve rate cuts in 2024. U.S. rate futures...

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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

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

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...

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....

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...

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...