Is Trump’s tariff threat destroying the US-EU trade relationship?
On July 12, President Trump announced plans to impose 30% tariffs on nearly all European Union exports starting August 1. Letters sent to leaders across the EU and 22 other…
Economy
1295 posts
Reliance shares fall despite record profit jump: should you buy?
Shares of Reliance Industries Ltd (RIL) dropped over 2.5% in Monday’s trading session, as investors appeared unimpressed by the conglomerate’s highest-ever quarterly profit and EBITDA performance, amid underwhelming results in…
US visa bans on Brazilian judges spark diplomatic rift, cloud economic ties
The visa ban imposed by the United States against several high-ranking Brazilian judicial officials, including Supreme Court Justice Alexandre de Moraes and Prosecutor General Paulo Gonet, is having repercussions that…
The new global demographic challenge: not too many, but too few
For a long time, global concern focused on the threat of overpopulation, too many people straining Earth’s resources. But lately, the conversation has taken a surprising turn. Birth rates are…
Sarepta shares fall 37% as FDA questions future of key gene therapy
Shares of Sarepta Therapeutics fell close to 37% on Friday after reports emerged that the US Food and Drug Administration is considering whether to halt the distribution of Elevidys, the…
Talen Energy surges 25% to ATH after strategic natural gas power plant acquisition
Talen Energy (NYSE: TLN) shares surged over 25% on Friday, reaching $330.99 in intraday trading and setting a new all-time high before paring slightly. The rally follows the company’s announcement…
Trump sues Murdoch and News Corp over Wall Street Journal’s Epstein report
Donald Trump filed a sweeping lawsuit against media magnate Rupert Murdoch, News Corp, Dow Jones, and two Wall Street Journal reporters on Friday, escalating the fallout from a story that…
AWS layoffs hit hundreds as Amazon restructures amid AI push
Amazon Web Services (AWS), the cloud computing wing of Amazon, laid off several hundred employees on Thursday as part of a broader effort to tighten operations across the company. The…
Japan’s June core inflation cools to 3.3%, still well above Bank of Japan’s target
Japan’s key measure of consumer prices cooled slightly more than expected in June, but remained well above the Bank of Japan’s target. This persistent inflation continues to exert pressure on…
Israel’s stock market hits record high despite Israel-Hamas war, political crisis
Israel’s stock market has defied the odds to become the strongest performer in the Middle East over the past 22 months of conflict, reaching record highs even as the country…