Economy

Tech and finance headlines shook markets on Friday as Trump sparked controversy by cutting $4.9B in spending without Congress’s approval, while Elon Musk battles the SEC again over Twitter stock…

A federal appeals court has ruled most of Donald Trump’s global tariffs illegal, shaking up the future of presidential powers over trade.The Thursday decision from the US Court of Appeals…

Intel has secured $5.7 billion in accelerated CHIPS Act funding from the US government.This is a significant step intended to fast-track the company’s expansion of domestic semiconductor manufacturing amid intense…

A decades-old pillar of global e-commerce has crumbled, as the US tariff exemption for small-value packages officially ended on Friday. The move to eliminate the $800 “de minimis” loophole is…

India’s economy expanded at a steady pace in the June quarter, supported by an early monsoon and accelerated exports to the US before new tariffs took effect. According to Bloomberg,…

Northam Platinum CEO Paul Dunne stated on Friday that despite a recent rally, platinum prices remain too low to support new production, even though the increase has provided some relief…

In India, the demand for physical gold experienced a slight increase this week, even as prices rebounded. This uptick in demand was primarily driven by jewellers replenishing their inventories in anticipation…

India’s economy entered 2025 with momentum few emerging markets could match. Extreme poverty had nearly vanished, an S&P sovereign credit upgrade had lowered capital costs, and GDP growth was running…

The UK government is weighing up a controversial new tax measure that would see landlords pay National Insurance contributions (NICs) on rental income, as Chancellor Rachel Reeves searches for ways…