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Stock Futures Rise Slightly After Market Sell-Off Amid Trump's Tariff Reversal

Mar 12, 2025 03:43 am UTC| Economy

U.S. stock futures edged higher Tuesday evening after a sharp sell-off on Wall Street, as investors remained cautious over President Donald Trumps shifting tariff policies. SP 500 Futures gained 0.3% to 5,594.25, Nasdaq...

Tariffs and Trust: Canada's Bond Sale Defies US Trade Threats

Mar 12, 2025 03:21 am UTC| Economy Insights & Views

U.S. and Canada tensions have been increased due to increased tariffs on Canadian goods by the U.S. President Trump initially sought to double tariffs on Canadian aluminum and steel as a retaliatory action against Ontarios...

CPI Set to Cool, But Will It Be Enough for the Fed?

Mar 12, 2025 03:20 am UTC| Economy Insights & Views

February 2025 Consumer Price Index (CPI) is forecast to record a soft 0.3% month-on-month rise, down from last months 0.5%. Year-on-year headline inflation is forecast at 2.9%, down from last months 3.0%. Core CPI,...

What’s so special about Ukraine’s minerals? A geologist explains

Mar 11, 2025 15:00 pm UTC| Insights & Views Economy Nature

Ukraines minerals have become central to global geopolitics, with the US president, Donald Trump, seeking a deal with Ukraines president Volodymyr Zelensky to access them. But what are these minerals exactly and why are...

Woodside’s Louisiana LNG Project Faces Possible Delay as Partner Talks Continue

Mar 11, 2025 03:41 am UTC| Business Economy

Woodside Energy (OTC: WOPEY) may delay its final investment decision (FID) on the Louisiana LNG project to Q2 2025 as negotiations to sell 50% of the project continue, CEO Meg ONeill told Reuters. Initially set for Q1, the...

Yen Rises as Investors Seek Safe Haven Amid U.S. Growth Concerns

Mar 11, 2025 03:41 am UTC| Economy

The Japanese yen surged to a five-month high on Tuesday as investors sought safety amid growing concerns over a U.S. economic slowdown driven by tariffs. The yen peaked at 146.625 per dollar before settling at 146.85. U.S....

UK Consumer Spending Slows in February Amid Retail Challenges

Mar 11, 2025 03:41 am UTC| Economy

British consumer spending slowed in February, losing momentum after a strong start to the year, despite growing confidence in personal finances and the broader economy. According to the British Retail Consortium (BRC),...

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Economy

Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments

Oil prices moved higher on Monday as renewed military exchanges between the United States and Iran heightened concerns over global energy supplies and disrupted shipping through the strategically important Strait of...

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help the country cope with the economic impact of rising food, fuel, and fertilizer prices driven by the ongoing conflict in the Middle...

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Politics

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins

Andy Burnham is set to outline his vision for the United Kingdom on Monday as the Labour politician positions himself to succeed Keir Starmer as the countrys next prime minister. Burnham is expected to focus on shifting...

US, Iran Agree to Halt Attacks Ahead of Doha Talks on Strait of Hormuz

The United States and Iran have reportedly agreed to halt military attacks as both sides prepare for high-level talks in Doha on Tuesday aimed at resolving tensions over the Strait of Hormuz, according to a senior U.S....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal

Australian AI infrastructure company Firmus Technologies has announced a strategic partnership with Nvidia that aims to expand affordable access to AI computing infrastructure for emerging artificial intelligence...

Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users

Australia is moving to strengthen its landmark online safety law by proposing significantly tougher penalties for social media companies that fail to prevent children under 16 from accessing their platforms. The planned...

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...