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Thu, Dec 25, 2025 08:14 PM All times are UTC

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Trump Eyes Copper Tariffs to Boost U.S. Production and Cut Foreign Dependence

Feb 26, 2025 06:19 am UTC| Economy Politics

U.S. President Donald Trump announced plans to impose import tariffs on copper, citing unfair trade practices and national security concerns. He signed an executive order directing the Secretary of Commerce and the U.S....

Wall Street Rebounds as Nvidia Earnings Loom, Trump Eyes Copper Tariffs

Feb 26, 2025 06:19 am UTC| Economy

U.S. stock futures edged higher Tuesday evening after Wall Street suffered steep losses amid fears of a slowing economy and escalating trade tensions. Investor focus is now on Nvidia (NASDAQ: NVDA), set to release earnings...

Ukraine’s Economic Recovery Cost Hits $524 Billion Amid War Damage

Feb 25, 2025 10:40 am UTC| Politics Economy

The cost of rebuilding Ukraines economy after Russias invasion has surged to $524 billion, nearly three times the countrys expected 2024 economic output, according to a joint assessment by the World Bank, United Nations,...

European Stocks Flat as Defence Gains Offset Tech Losses Amid U.S.-China Tensions

Feb 25, 2025 10:40 am UTC| Economy

European stocks remained flat on Tuesday as gains in defence stocks balanced losses in the technology sector, which faced pressure from escalating U.S.-China tensions over semiconductor restrictions. The pan-European STOXX...

Vietnam’s U.S. Exports Surge, Raising Tariff Risks

Feb 25, 2025 07:51 am UTC| Economy

Vietnams exports to the U.S. accounted for 30% of its GDP in 2023, the highest share among Americas major trade partners, making the country highly vulnerable to potential U.S. tariffs. Since the U.S.-China trade war began...

South Africa’s ‘working for water’ programme is meant to lead to skills and jobs: why it’s failing

Feb 25, 2025 07:49 am UTC| Insights & Views Business Economy

South Africas Expanded Public Works Programme is part of its social safety net. It complements the countrys social grants system, which has over 28 million recipients. The public works programme helps fill a gap for people...

Ukraine war: Trump is not trying to appease Putin – he has a vision of a new US-China-Russia order

Feb 25, 2025 07:49 am UTC| Economy Insights & Views Politics

There has been much and justified focus on the implications of a likely deal between US president Donald Trump and his Russian counterpart Vladimir Putin and the overwhelmingly negative consequences this will have for...

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Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...