Economy
US defense programs involving Morocco have expanded significantly over the past decade, covering combat aircraft, helicopters, armored vehicles, artillery systems, air-defense weapons and precision-guided munitions. A review cited by Moroccan media puts the value of US arms programs directed toward Morocco......
Elon Musk has argued that artificial intelligence and robotics could provide the foundation for higher incomes worldwide, describing the technologies as the only viable route to what he called broad-based prosperity. The Tesla and SpaceX CEO made the claim in a post on X, where he argued that artificial......
Meta CEO Mark Zuckerberg has overtaken Dell Technologies founder Michael Dell to become the world's fourth-richest person, after a sharp rise in Meta's share price boosted the value of his fortune. According to Forbes data cited in recent reports, Zuckerberg's estimated net worth reached......
Wealthy families and their family offices are maintaining an appetite for financial assets despite growing concerns over inflation, interest rates and geopolitical uncertainty, according to Citi Wealth's 2026 Global Family Office Report. The survey indicates that investors are adjusting their portfolios......
The yield on the 30-year US Treasury bond climbed above 5.45% on Thursday, reaching its highest level since 2004 as a broad sell-off in government debt intensified. The move reflects growing investor concerns about inflation, higher energy costs, strong economic activity and the increasing cost of government......
Long before “Black Friday” became associated with post-Thanksgiving shopping, the expression referred to one of the most dramatic financial episodes in 19th-century America. On September 24, 1869, a speculative attempt to control the U.S. gold market collapsed, triggering a sharp fall in......
McDonald’s has unveiled a new long-term strategy aimed at accelerating restaurant modernization, improving operational efficiency and supporting sustainable growth across its global network. Known as McDonald’s > NEXT, the plan combines investments in restaurant infrastructure, technology,......
The United States is preparing to make up to $7 billion in financing available for energy, mining and infrastructure projects in Argentina, strengthening economic ties with Buenos Aires while seeking to diversify supplies of energy and critical minerals away from China. The financing, to be provided......
US President Donald Trump carried out more than 1,100 reported securities transactions in July, highlighting continued activity across his personal investment portfolio as financial disclosures show a broad reshuffling of holdings. The transactions, which covered purchases and sales of securities, had......
Hiring in the US private sector has shown signs of a modest recovery, with companies adding an average of around 20,000 jobs per week during the four weeks through September 5, according to the latest data from payroll processor ADP. The four-week moving average, designed to smooth out weekly fluctuations......
Oil prices moved higher on Tuesday as investors monitored the possibility of diplomatic contacts between the United States and Iran during the United Nations General Assembly meetings in New York. By 09:15 Moscow time, October West Texas Intermediate futures had gained 1.69% to trade at around $97.40......
Lockheed Martin has secured a contract worth up to $1.2 billion from the U.S. Army to produce the second increment of its Precision Strike Missile, or PrSM, strengthening the company’s position in the Army’s long-range precision fires program. The indefinite-delivery, indefinite-quantity......
Nike has been removed from the S&P 100 after nearly 18 years in the major U.S. stock index, marking a significant change for the sportswear company as it continues to deal with weaker market performance, slower sales and intensifying competition. The change took effect before trading opened on September......
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