Economy
Capital One has confirmed that it closed bank accounts linked to the Trump Organization following an internal review conducted by its anti-money laundering specialists. The disclosure was made in a legal filing submitted in response to a lawsuit brought by the company connected to former U.S. President......
Japan and the United States have taken coordinated action in the foreign exchange market to support the yen, marking the first joint intervention between the two countries in more than a decade. The move comes after the Japanese currency fell to its weakest level in nearly 40 years, increasing concerns......
Global oil prices fell sharply on Monday after the United States and Iran announced plans to resume negotiations aimed at reducing tensions in the Middle East, easing fears of major disruptions to global energy supplies. The prospect of renewed diplomacy prompted investors to reassess geopolitical risks......
The United States may have taken part in an unusually coordinated effort to stabilize the Japanese yen, according to a report by the Financial Times, signaling what could be the first joint currency intervention between Washington and Tokyo in nearly three decades. Citing anonymous sources familiar......
China has strongly criticized a new round of United States sanctions targeting Chinese companies accused of links to forced labor in Xinjiang, describing the measures as economic pressure and pledging to defend the interests of affected businesses. The Chinese Commerce Ministry said Washington's......
Elon Musk’s ambition to transform X into an all-in-one digital platform has taken a major step forward with the official launch of X Money, a new financial service designed to integrate payments and banking features directly into the social media platform. More than two years after acquiring Twitter,......
New applications for unemployment benefits in the United States increased slightly during the final week of July, signaling a modest slowdown in hiring activity while continuing to reflect the overall strength of the country's labor market. Despite the weekly increase, layoffs remain historically......
The United States is reportedly considering a proposal that would require international students to pay a $100,000 fee to obtain authorization to work in the country after graduating from an American university. The measure, which is still under discussion, would represent one of the most significant......
The U.S. economy lost momentum during the second quarter of 2026, expanding at a slower pace than economists had anticipated. However, resilient consumer spending and continued investment in artificial intelligence infrastructure suggest that domestic demand remains strong despite mounting external pressures. According......
Stellantis delivered a markedly stronger second quarter, returning to profitability after last year's losses as higher vehicle sales and improving commercial performance lifted revenue across key markets. The global automaker reported net profit of €293 million for the April-to-June period,......
A Moroccan green ammonia project has received a new boost after the United States Trade and Development Agency (USTDA) approved a $5.7 million grant to support preliminary engineering studies, strengthening Morocco's ambitions to develop a competitive green hydrogen industry and attract international......
Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction......
Apple has reached a new milestone in global financial markets after its market capitalization surpassed $5 trillion during Tuesday's trading session, making it only the second publicly listed company in history to reach that level after Nvidia. The achievement was supported by a strong rise in Apple's......
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