World
Trump Escalates Trade War with 50% Copper Tariff, Signals Pharmaceuticals Next
U.S. President Donald Trump escalated his global trade war on Tuesday, announcing a massive 50% tariff on all copper imports. The surprise move, revealed during
US IRS Reverses Stance, Says Churches Can Endorse Candidates Without Losing Tax-Exempt Status
In a landmark shift, the Internal Revenue Service (IRS) has stated in a new court filing that churches can endorse political candidates without jeopardizing their
Tesla Shares Tumble as Musk’s Plan for New Political Party Spooks Investors
Tesla’s stock took a sharp dive in premarket trading on Monday, dropping over 7% after CEO Elon Musk announced his intention to form a new
Russia Unleashes Record Drone Attack on Kyiv Hours After Trump-Putin Call
Russia pummeled Kyiv with the largest drone and missile attack of the war on Friday, killing one person and injuring at least 23, just hours
OpenAI Denies Partnership in Robinhood’s “Stock Token” Promotion
OpenAI has publicly denied any partnership with Robinhood regarding the trading platform’s new “stock token” promotion, which has created confusion around the offer. In a
House GOP Divided as Trump’s Massive Tax Bill Faces Crucial Test
House Republicans face a high-stakes showdown on Wednesday over President Trump’s massive tax and spending bill, with its fate hanging in the balance. With their
China’s Xi Declares War on “Disorderly” Price Wars Crushing Industries
Chinese President Xi Jinping has personally escalated the fight against the destructive price wars gutting Chinese industries, using the blunt new term “disorderly low-price competition”
Nvidia Surges to World’s Most Valuable Company, Fueled by AI Frenzy
Nvidia has once again soared to the top, becoming the world’s most valuable company in June, propelled by a wave of optimism surrounding its dominance
Beijing Sounds Alarm Over Ruinous Price Wars and Overcapacity
China’s Communist Party has issued its most forceful warning yet against the destructive price wars and industrial overcapacity plaguing the nation’s economy. In a strongly
Bangladesh’s Economy Gets Major Boost as Remittance Inflow Soars by 27%
Bangladesh’s economy has received a significant boost this fiscal year, with remittance inflows showing robust growth. Expatriates sent over $30.21 billion between July 2024 and
Japan’s Business Confidence Mixed as Tariff Fears Hit Automakers
Confidence among Japan’s large manufacturers showed a slight improvement for the first time in six months, according to the Bank of Japan’s latest “tankan” survey.
Brazil’s Antitrust Watchdog Takes Aim at Apple’s App Store Rules
Brazil’s antitrust regulator, CADE, has dealt a significant blow to Apple, recommending a ruling against the tech giant for anti-competitive practices within its iOS ecosystem.
Trump’s Tariffs Begin to Squeeze Consumers as Amazon Prices Rise, Study Finds
American consumers are starting to feel the real-world impact of President Trump’s trade policies, as prices for Chinese-made goods on Amazon.com are rising faster than
Japan’s H-2A Rocket Soars One Last Time
Japan successfully marked the end of an era in its space program on Sunday, launching its workhorse H-2A rocket for the 50th and final time.
Iran Strikes Expose Cracks in Anti-West Alliance
When Israel and the United States struck Iran this month, the world watched for the reaction from its powerful partners, China and Russia. Instead of
Tepid 2025 Stock Forecast Pushes Investors to Rethink Strategy
The long-held promise of 10% annual stock market gains is facing a reality check. Many Wall Street analysts are now projecting that the S&P 500
Tensions Flare as Israel Strikes Lebanon, Both Sides Allege Truce Violations
On Friday, Israeli warplanes launched a series of coordinated airstrikes across a stretch of hilltops in southern Lebanon, escalating regional tensions. Lebanese security sources confirmed
Germany Demands Apple and Google Remove Chinese AI App DeepSeek
Germany’s data protection commissioner is demanding that Apple and Google remove the popular Chinese AI app DeepSeek from their app stores, citing the illegal transfer
Trump Administration Preparing Executive Action to Fuel AI Energy Boom
The Trump administration is preparing a series of executive actions to address the substantial energy demands of the rapidly growing artificial intelligence industry. The move
Investors Brace for Volatile Summer, Fearing Repeat of Last Year’s Rout
Haunted by the memory of last August’s sudden market rout, big investors are approaching the typically quiet summer months with unusual caution. They fear a
Trump Threatens Spain with “Tougher Trade Deal” Over NATO Spending
President Donald Trump issued a sharp warning to Spain on Wednesday, threatening the country with a punitive trade deal for refusing to meet NATO’s new
Meta Wins Major AI Copyright Case, But Judge Leaves Door Open for Future Fights
Meta has prevailed in a major copyright lawsuit brought by a group of prominent authors, including Sarah Silverman and Ta-Nehisi Coates. A federal judge ruled
NATO Backs Massive Spending Hike to Meet Trump’s Demands
NATO leaders on Wednesday backed a significant increase in defense spending, meeting a key demand from U.S. President Donald Trump and reaffirming their “ironclad” commitment
Bosch CEO Said, Europe’s AI Future at Risk from Excessive Regulation
The CEO of German engineering giant Bosch delivered a stark warning on Wednesday, arguing that Europe is at risk of falling behind in the global