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Wed, May 27, 2026 12:43 AM All times are UTC

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Empire State Expansion: New York Manufacturing Surges to +11.0 in Dramatic April Rebound

Apr 15, 2026 13:36 pm UTC| Insights & Views

The Empire State Manufacturing Index showed a surprisingly strong increase today, rising sharply to +11.0 for April 2026. Released at 8:30 AM ET by the New York Fed, these figures were much better than what analysts had...

The Goolsbee Gaze: Why Iran's Oil Shock Could Freeze Fed Rate Cuts Until 2027

Apr 15, 2026 10:16 am UTC| Central Banks Insights & Views

Chicago Federal Reserve President Austan Goolsbee has issued a startling warning that the current conflict involving Iran and the ensuing oil price increases might postpone U.S. interest rate reduction until 2027. This...

The Hormuz Hedge: Why Geopolitical Strife is Drowning the Yen

Apr 15, 2026 08:07 am UTC| Insights & Views

The Japanese yen (JPY) is currently caught in a strange market situation whereby rising tensions in the Strait of Hormuz oppose its historical role as a worldwide safe-haven currency. Although geopolitical instability...

Food prices are already high in Canada. Will the Iran war make them worse?

Apr 14, 2026 01:58 am UTC| Insights & Views Economy

Food prices in Canada have been rising at a faster rate than overall inflation for the past several years. In fact, food prices are 30 per cent higher than they were a decade ago. In the face of this pressure, consumers...

Google promotes ‘teacher approved’ apps for kids. Here’s what parents should know

Apr 14, 2026 01:57 am UTC| Insights & Views Life Technology

As school holidays continue around Australia, many parents are looking for educational ways to keep their children entertained. If you own an Android device and have young children, you may find yourself browsing Google...

Trump’s exchange with Pope Leo reflects deep-rooted tensions between the Vatican and the United States: 4 essential reads

Apr 14, 2026 01:56 am UTC| Insights & Views Politics

President Donald Trump and Pope Leo XIV, the U.S.-born head of the Catholic Church, had an unusual and acrimonious public exchange over the weekend. In a scathing attack on Truth Social, the social media platform he...

Global Geopolitics Series

Strait of Hormuz blockade: the complex regional realities the US ignores at its peril

Apr 14, 2026 01:55 am UTC| Insights & Views Politics

After the breakdown of ceasefire talks between the United States and Iran, President Donald Trump has now ordered a blockade of the pivotal Strait of Hormuz in the Persian Gulf. Its just the latest and most combustible...

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Economy

U.S.-Iran Talks May Take Days as Oil Prices React to Strait of Hormuz Tensions

U.S. Secretary of State Marco Rubio said negotiations with Iran could take several more days, cooling expectations for a quick resolution to the ongoing Middle East conflict. His remarks came after U.S. forces launched...

Sri Lanka Central Bank Surprises Markets With 100 Basis Point Rate Hike Amid Inflation and Currency Pressure

Sri Lankas central bank unexpectedly raised its benchmark interest rate by 100 basis points on Tuesday, increasing the overnight policy rate to 8.75% from 7.75% as the country battles rising inflation, a weakening...

Asian Stocks Slip as U.S.-Iran Tensions Weigh on Markets; South Korea’s KOSPI Hits Record High

Asian stock markets traded mostly lower on Tuesday as renewed U.S. military strikes in Iran weakened investor confidence and reduced optimism surrounding a potential Middle East peace agreement. Despite the cautious...

ASX Shares Plunge as Rising Tech Upgrade Costs Shake Investor Confidence

Shares of ASX Ltd (ASX: ASX) tumbled more than 10% on Tuesday after the Australian stock exchange operator warned investors about a significant increase in future spending tied to major technology upgrades and regulatory...

Huawei Chip Breakthrough Sparks Rally in Hong Kong AI and Semiconductor Stocks

Hong Kong-listed semiconductor and artificial intelligence stocks surged on Tuesday after Huawei Technologies revealed a major breakthrough in chip design, fueling optimism about Chinas push to reduce dependence on U.S....

Politics

DOJ Pushes to Resume Trump White House Ballroom Project After Security Incident

The U.S. Justice Department has renewed its request for a federal judge to remove an injunction blocking progress on President Donald Trumps proposed White House ballroom project, arguing that a recent shooting near the...

Rubio Says Strait of Hormuz Must Stay Open Amid Rising Iran Tensions

U.S. Secretary of State Marco Rubio said Tuesday that the Strait of Hormuz must remain open following recent U.S. strikes on Iran, stressing that global shipping routes are critical for international stability and energy...

Cambodia King Pardons Opposition Leader Kem Sokha After Treason Conviction

Cambodias King Norodom Sihamoni has officially pardoned former opposition leader Kem Sokha following his controversial treason conviction, according to a royal decree released Monday. The move comes only weeks after a...

Putin Offers Debt Relief to New Russian Recruits Fighting in Ukraine

Russian President Vladimir Putin has signed a new decree granting debt relief to citizens who join the military campaign in Ukraine, according to a statement released by the Kremlin. The measure is part of Russias broader...

Senegal Appoints Economist Ahmadou Al Aminou Lo as Prime Minister Amid IMF Debt Crisis

Senegal President Bassirou Diomaye Faye has appointed veteran economist Ahmadou Al Aminou Lo as the countrys new prime minister following the dismissal of Ousmane Sonko and his cabinet. The move comes as Senegal faces...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Samsung Union Dispute Escalates Over Semiconductor Bonus Vote

A labor dispute at Samsung Electronics is intensifying after a union representing employees outside the semiconductor business filed a court injunction to halt an ongoing vote tied to bonus increases for chip division...

EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules

Alphabets Google could face a major antitrust fine from the European Union as regulators intensify enforcement of the Digital Markets Act (DMA). According to a report from Germanys Handelsblatt newspaper, the European...

SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market

Wall Street investors are eagerly awaiting the expected SpaceX IPO next month, but history suggests that buying into highly valued stock market debuts may not always deliver strong returns. According to a Reuters analysis...

Morgan Stanley Names Top AI Security and Data Center Stocks for 2026

Morgan Stanley has identified five leading companies in the growing Security, Identity, and Data Centers for AI Agents sector, highlighting firms expected to benefit from rising enterprise demand for secure artificial...

Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026

Macquarie has highlighted five major Taiwanese electronics stocks that it believes are well positioned to benefit from rising artificial intelligence infrastructure spending, data center upgrades, and next-generation...