Economy
Elon Musk’s personal fortune is approaching the $900 billion mark again, driven largely by the continued rise in the valuation of SpaceX and growing evidence of significant institutional investment in the private space company. SpaceX’s valuation climbed sharply during Monday’s trading......
The trade standoff between Canada and the United States is intensifying. In the absence of a last-minute agreement between Ottawa and Washington, new U.S. tariffs are set to take effect on Wednesday on a portion of Canadian products. The measure, announced by the White House as a response to what it......
Prescription drug prices in the United States have fallen to their lowest level in more than six decades, triggering a political dispute over whether the decline should be credited to President Donald Trump’s administration or policies introduced under former President Joe Biden. Data released......
German companies sharply reduced their direct investment in the United States during the first half of 2026, with growing uncertainty over U.S. trade policy weighing on new capital flows between the two major economies. According to figures from the German Economic Institute (IW), based on data from......
German companies sharply reduced their investment in the United States during the first half of 2026, with new figures pointing to a significant pullback as trade tensions and uncertainty over US policy weigh on business decisions. Direct investment by German firms fell by almost two-thirds from a year......
U.S. President Donald Trump has warned that Washington is preparing a major economic offensive against Iran as diplomatic efforts to end the prolonged conflict between the two countries continue to face difficulties. Trump’s warning came a day after U.S. Treasury Secretary Scott Bessent said Washington......
The White House has warned that the United States may be losing between $19 billion and $26 billion in tariff revenue each year as foreign exporters increasingly use third countries to circumvent American trade restrictions. A new administration report claims that some countries are rerouting goods......
The U.S. Treasury is preparing to auction $25 billion in 30-year government bonds, with the sale expected to highlight the rising cost of long-term borrowing for the federal government amid persistent inflation concerns and elevated bond yields. The auction is scheduled for Thursday, with market indicators......
Producer-level inflation in the United States slowed in July 2026, suggesting that some cost pressures facing businesses have eased, particularly as energy prices declined. However, underlying inflation remained relatively firm, keeping monetary policy and interest-rate expectations in focus. According......
US President Donald Trump has ordered the introduction of 100% tariffs on imports of certain types of drones and drone components, marking another step in his administration's efforts to tighten controls on imported products and strengthen the use of tariffs as a trade policy instrument. Trump described......
American media personality Tucker Carlson has raised concerns about the financial situation of the United States, arguing that the country's growing debt burden reflects a deeper structural problem in the national economy. In comments reported by Russian media, Carlson described the United States......
Phoebe Gates, daughter of Microsoft co-founder Bill Gates, is facing scrutiny over allegations that her digital shopping company, Via, improperly used browser cookies to claim commissions on purchases made through partner retailers. Via, which Phoebe Gates co-founded with entrepreneur Sophia Kianni,......
Ukrainian President Volodymyr Zelensky is urging the United States to provide Kyiv with at least 5% of its stockpile of Patriot interceptor missiles, as Ukraine struggles to defend its cities against increasingly frequent Russian ballistic missile attacks. In an interview published Thursday, Zelensky......
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