
Trump Administration Plans Major Rollback of Biden-Era Fuel Economy Standards
Dec 03, 2025 00:14 am UTC| Politics Governance Economy
The Trump administration is preparing to unveil a major rollback of U.S. fuel economy standards, aiming to ease restrictions on automakers and bolster the market for gas-powered vehicles, according to sources cited by...

Tech Stocks Lift S&P 500 as Fed Rate-Cut Expectations Rise
Dec 03, 2025 00:11 am UTC| Economy
The SP 500 closed slightly higher on Tuesday, supported by renewed strength in tech stocks as traders increased their bets on a Federal Reserve rate cut. By the closing bell, the Dow Jones Industrial Average climbed 0.4%,...

Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
Dec 02, 2025 02:51 am UTC| Economy Central Banks
Japanese Finance Minister Satsuki Katayama reaffirmed on Tuesday that the government and the Bank of Japan (BOJ) share a consistent view of the nations economic outlook, even as speculation increases over a possible...

Oil Prices Rise as Geopolitical Tensions and Supply Risks Intensify
Dec 02, 2025 02:48 am UTC| Economy
Oil prices climbed for a second straight session on Tuesday as traders evaluated escalating geopolitical risks, including Ukrainian drone strikes on Russian energy facilities and growing friction between the U.S. and...

South Korea Inflation Edges Up in November as Food and Service Costs Climb
Dec 02, 2025 02:42 am UTC| Economy
South Koreas inflation accelerated in November, with consumer prices rising 2.4% year-on-year, supported by higher food and service costs. The latest Consumer Price Index (CPI) reading aligned closely with market...

U.S. Cyber Monday Online Sales Surge Past $9.1 Billion as Holiday Shopping Momentum Builds
Dec 02, 2025 02:38 am UTC| Economy
U.S. consumers pushed online spending to new heights this Cyber Monday, generating more than $9.1 billion in sales by early evening, according to Adobe Analytics. The strong performance highlights how shoppers across...

U.S. May Withhold $30.4 Million From Minnesota Over Improper Commercial Driver Licenses
Dec 02, 2025 02:33 am UTC| Economy Politics Governance
The U.S. Transportation Department has warned Minnesota that it could lose up to $30.4 million in federal highway funding after an audit found the state had improperly issued commercial driver licenses (CDLs) to non-U.S....