Economy

US consumer confidence weakened in early February, hitting a seven-month low as concerns over inflation and tariffs grew. The University of Michigan’s preliminary sentiment index fell to 67.8, down 3.3…

French prosecutors have opened an investigation into Elon Musk’s X, formerly known as Twitter, over allegations that the platform manipulated its algorithms to distort online discourse. The Paris public prosecutor’s…

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a time when economic momentum is showing signs of strain. With inflation pressuring…

A bipartisan group of US lawmakers has introduced legislation to ban federal employees from using the Chinese artificial intelligence chatbot DeepSeek on government devices, citing national security concerns and the…

Unions representing employees of the United States Agency for International Development (USAID) have filed a lawsuit against President Donald Trump and his administration over significant changes to the global aid…

Hong Kong’s postal service has extended its suspension on shipping items containing goods to the United States, even after the US postal administration reversed its temporary ban on parcels from…

Russell Vought has been confirmed as the director of the Office of Management and Budget (OMB). The Senate voted 53-47 in favour of Vought, a key figure in President Donald…

Oil and gas traders are likely to request tariff exemptions from Beijing, according to a Reuters report.  The Chinese government intends to implement these tariffs on US crude and liquefied…

The Middle East is being reshaped, not by war, but by money and influence.  As Iran’s grip weakens, Saudi Arabia, the UAE, and Turkey are stepping in, using investment rather…