Economy

Shares of Hertz (HTZ) and Avis Budget Group (CAR) surged on Thursday after US President Donald Trump announced a plan to impose a 25% tariff on imported vehicles. The proposed…

The United States has withheld its 2024 and 2025 financial contributions to the World Trade Organization (WTO), putting $25.70 million in payments on pause, as per a Reuters report.The move…

The European Commission, the executive arm of the European Union, is actively exploring potential revisions to the existing EU energy laws. This initiative is part of a broader package of proposals…

Oil prices were mostly flat after rising earlier in the session on Thursday due to a fall in US inventories. According to the US Energy Information Administration, crude oil inventories in…

US President Donald Trump has announced new import tariffs of 25% on cars and car parts, a move that threatens to escalate global trade tensions. The tariffs will take effect…

Gold prices reached new record highs on Thursday as escalating trade tensions drove investors toward safe-haven assets.“The uncertainty over US President Donald Trump’s impending reciprocal tariffs on April 2 keeps…

It sounds like science fiction: a digital currency created by a pseudonymous coder helps rescue the world’s largest economy from a sovereign debt spiral. But that’s exactly a conversation that is…

The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall…

Sometimes history is written by accident. Europe is finally starting to wake up, but not by free will. It’s because the US, under Trump’s second term, is forcing it to.The…