Economy
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......
Cryptocurrency markets recovered some of their recent momentum on Wednesday as major digital assets moved higher, with investors closely watching upcoming U.S. inflation figures for clues about the future direction of monetary policy. The U.S. consumer price index is particularly important for cryptocurrency......
U.S. inflation eased modestly in July 2026, according to official data, although price pressures remained above the level targeted by the Federal Reserve. The figures point to a gradual moderation in inflation while highlighting continued uncertainty over the future direction of monetary policy. The......
Oil prices continued to rise in Asian trading on Wednesday as investors assessed the prospect of a prolonged shutdown of the Strait of Hormuz amid an unresolved standoff between Iran and the United States. The strategic waterway has become a major source of uncertainty for energy markets. With no clear......
Canada’s minister responsible for trade relations with the United States, Dominic LeBlanc, is due to meet US Trade Representative Jamieson Greer on Tuesday as Ottawa seeks to address the latest tariff threats from Washington. Canada’s chief trade negotiator, Janice Charette, is also scheduled......
The US housing market lost further momentum in July, with existing home sales declining for a second consecutive month as elevated mortgage rates and limited inventory continued to constrain activity. Existing-home transactions fell 1.7% in July to a seasonally adjusted annual rate of 4.06 million units,......
Chinese companies are beginning to recover part of the tariffs previously collected by the United States under the International Emergency Economic Powers Act, following a landmark U.S. Supreme Court ruling that invalidated the legal basis used to impose the duties. Since early July, at least five publicly......
Trump Media & Technology Group, the company behind the Truth Social platform and associated with U.S. President Donald Trump, reported a net loss of approximately $238 million for the second quarter of the year, prompting the company to reconsider its expansion strategy. The loss for the three months......
Oil prices climbed sharply on Tuesday as financial markets reacted to the continued disruption in the Strait of Hormuz and the absence of progress between Iran and the United States. The latest move pushed the benchmark Brent contract briefly above the $90-a-barrel threshold, highlighting renewed concerns......
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