Economy
Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......
In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......
The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......
Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires......
Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......
The relationship between U.S. President Donald Trump and newly appointed Federal Reserve Chair Kevin Warsh marks a significant shift in American economic policymaking, as the success or failure of the central bank is now more directly linked to the White House. Unlike previous Federal Reserve Chair......
Bitcoin surged past the 78,000 dollar level in a sharp upward move that triggered one of the fastest short liquidations in recent weeks. Around 180 million dollars in short positions across crypto derivatives markets were wiped out within roughly 30 minutes, as traders betting on a price decline were......
The sharp rise in U.S. Treasury yields is becoming a growing challenge for Washington, increasing pressure on the government’s economic strategy and raising concerns across financial markets. Investors have recently pushed yields on the benchmark 10-year Treasury note above 4.5%, reflecting uncertainty......
U.S. President Donald Trump has repeatedly promoted the construction of a new White House ballroom, presenting it as a key legacy project, while critics accuse him of minimizing the economic difficulties faced by American households. Standing near the construction site in Washington, D.C., the president......
A sharp sell-off in the cryptocurrency market triggered widespread forced liquidations across leveraged positions as Bitcoin slipped toward the 75,000 dollar range. More than 124,000 traders saw their positions closed within 24 hours, with total liquidations reaching about 574 million dollars. The move......
The global commodities market is closely watching copper flows as trading giant Trafigura reportedly plans to withdraw large volumes of copper from London Metal Exchange (LME) warehouses in the United States ahead of an expected tariff decision by Washington. According to industry sources, the move......
Bitcoin faces renewed pressure after repeated rejections near its 200 day moving average around 82000 dollars. The price structure shows growing weakness as buyers fail to reclaim key technical levels that previously supported upward momentum. Market positioning has shifted toward caution as traders......
Chocolate manufacturers are beginning to reverse cost-cutting changes introduced during the cocoa price crisis of 2024, as global cocoa prices continue to retreat sharply from record highs. After months of reducing cocoa content, adding fillers and relying on compound coatings, some major confectionery......
