U.S. Government’s Intel Stake Gains $25.7 Billion in Eight Months After CHIPS Investment
A U.S. government investment in Intel has generated $25.7 billion in unrealized gains in just eight months after shares surged following earnings.
News
Track the key forces shaping the global economy with our comprehensive coverage. This section delivers timely updates on central banks and interest rates, inflation trends, labor markets, GDP growth and geopolitical shifts. We provide clear analysis and essential context so readers can understand how economic indicators and policy decisions affect markets, businesses and personal finances worldwide. Designed for professionals, investors and anyone interested in macro trends, our Economy category brings together the stories that define today’s economic landscape.
China Blocks Meta’s $2 Billion Acquisition of AI Startup Manus
China has blocked Meta’s $2 billion acquisition of AI startup Manus, citing regulatory concerns over the cross-border deal.
Condom Prices Could Rise 30% as Iran War Disrupts Supply Chains, Karex Warns
Condom prices could increase by up to 30% as the Iran war drives higher costs and disrupts supply chains, according to global producer Karex.
U.S. Launches $166 Billion Tariff Refund Program After Supreme Court Ruling
By
Benjamin Harper
• 3 mins read
The Trump administration has begun issuing up to $166 billion in tariff refunds to importers following a Supreme Court decision, with payments expected to take months or longer.
Fed Nominee Kevin Warsh Discloses Crypto Investments Worth Over $100 Million
By
Benjamin Harper
• 3 mins read
Federal Reserve nominee Kevin Warsh revealed over $100 million in assets, including stakes in crypto and tech ventures, raising questions about potential policy implications.
Traders Bet Fed Will Hold Rates Through 2026 After Inflation Data
By
Benjamin Harper
• 2 mins read
Traders are betting the Federal Reserve will keep interest rates unchanged through 2026 following the latest inflation data. CPI figures showed moderating but still elevated price pressures.
Global Billionaire Wealth Hits Record as Oxfam Flags Rising Political Influence
By
Daniel Wright
• 3 mins read
Global billionaire wealth climbed to a new peak in 2025 as the number of ultra-wealthy individuals surpassed 3,000 for the first time, according to Oxfam. The group warned that growing fortunes are translating into greater political and economic influence.
Japan Launches World’s First Deep-Sea Rare Earth Mining Project
By
Michael Foster
• 3 mins read
Japan has become the first country to begin extracting rare earth elements from the ocean floor, marking a major step to secure critical mineral supplies and reduce reliance on China.
U.S. Prosecutors Open Criminal Probe Into Fed Chair Powell, Raising Stakes for Central Bank
By
Benjamin Harper
• 3 mins read
U.S. prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over disclosures tied to a headquarters renovation, escalating political pressure on the central bank amid rate policy tensions.
Fed Emergency Injection Sparks Market Fears After Silver Bet Backfires
By
Benjamin Harper
• 2 mins read
The Federal Reserve injected at least $17 billion into a major U.S. bank after heavy losses linked to a failed silver trade, reviving fears of systemic stress as precious metal prices soar.
Volkswagen to Shut Historic Dresden Plant as Economic Pressures Intensify
By
Daniel Wright
• 2 mins read
Volkswagen will close its Dresden factory, marking the first shutdown of a German plant in the automaker’s 88-year history, as energy costs, trade pressures, and falling competitiveness hit the industry.
Swiss National Bank Holds at 0% as Inflation Cools, European Stocks Edge Lower
By
Benjamin Harper
• 3 mins read
European markets slipped on Thursday as the Swiss National Bank kept rates at 0% and investors digested the Federal Reserve’s latest quarter-point cut alongside signals that further easing may prove difficult.
Fed Set to Deliver Rate Cut While Signaling a Harder Path Ahead
By
Benjamin Harper
• 3 mins read
The Federal Reserve is expected to issue a third straight rate cut while warning that further easing may be limited, as officials remain split over slowing job growth and stubborn inflation.
Global Billionaire Count Jumps by 287 as Total Wealth Climbs to $15.8 Trillion
By
Oleg Petrenko
• 2 mins read
The number of dollar billionaires worldwide rose by 287 over the past year, reaching 2,919 individuals as total global billionaire wealth expanded 13% to $15.8 trillion.
Singapore’s SGX and Nasdaq Launch Dual-Listing Bridge to Boost Market Competitiveness
By
Oleg Petrenko
• 3 mins read
Singapore Exchange and Nasdaq have unveiled a dual-listing framework allowing large companies to list in both markets using a single regulatory process. The move aims to enhance liquidity, global access, and competitiveness of Singapore’s equity market.