Economy



Morocco emerges as a potential destination for future U.S. LNG exports

Morocco has emerged as a potential destination for future U.S. liquefied natural gas (LNG) exports following a strategic authorization granted by the U.S. Department of Energy to Argent LNG, highlighting the North African kingdom’s efforts to diversify its energy partnerships and strengthen the......

Elon Musk warns of US debt crisis and sees artificial intelligence as a key to avoiding default

Billionaire entrepreneur Elon Musk has raised concerns over the United States' worsening fiscal outlook, warning that the continued growth of public debt could pose a serious threat to the country's economic stability. He argued that large-scale adoption of artificial intelligence and robotics......

U.S. Treasury removes 84 names from sanctions lists in bid to streamline enforcement

The U.S. Treasury Department has removed 84 individuals and entities from its sanctions lists as part of a broader effort to modernize the programs and reduce unnecessary compliance burdens on financial institutions. The latest round of removals follows a comprehensive review launched by Treasury Secretary......

SpaceX shares continue to slide ahead of quarterly results

Shares of SpaceX remained under pressure on Monday as investors continued to sell the stock ahead of the company's upcoming quarterly earnings report. The decline reflects growing uncertainty over the company's future strategy and its ability to maintain investor confidence following a sharp......

Lula criticizes US tariffs on Brazil as harmful to trade partnership

Brazilian President Luiz Inácio Lula da Silva has criticized new US tariffs imposed on Brazilian goods, describing the measures as unfair and warning that they could damage bilateral relations between the two countries. In an opinion article published by The Washington Post on Sunday, Lula argued......

India to continue U.S. trade negotiations after new American tariffs

India has reaffirmed its commitment to negotiating a bilateral trade agreement with the United States, despite the Trump administration's decision to impose new tariffs on imports from the South Asian country. The announcement came after Washington introduced a 10% tariff on Indian goods as part......

US Labor Market Defies Expectations with a Record Drop in Weekly Unemployment Claims

The United States labor market has once again demonstrated remarkable resilience against ongoing macroeconomic pressures. Weekly initial jobless claims experienced a sharp decline during the week ending July 18, reaching their lowest levels in decades. This unexpected performance highlights the sustained......

Micron Chips Rescue Tesla from Supply Bottlenecks as Elon Musk Bets on In-House Semiconductor Manufacturing

Electric vehicle manufacturer Tesla has successfully mitigated severe production constraints thanks to a key supply partnership with memory chipmaker Micron Technology, Chief Executive Officer Elon Musk revealed during the company’s quarterly earnings call. Addressing investors, Musk highlighted......

American Airlines Stock Plunges as Rising Fuel Costs Cloud Passenger Demand Surge

Shares of American Airlines Group Inc. took a severe beating on Wall Street on Thursday, falling nearly eight percent to close at $13.62 after the carrier cut its full-year profit outlook for the second time this year. The sharp market reaction underscores the growing strain that elevated jet fuel prices......

Alphabet and Tesla shares tumble on Wall Street after quarterly results

Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......

US Senate moves closer to a key vote on the CLARITY Act for cryptocurrency regulation

The US Senate is preparing for a potentially decisive vote on the CLARITY Act, a major legislative proposal aimed at establishing clearer rules for the cryptocurrency and digital asset industry. The legislation is expected to face a vote next week, placing the future of US crypto regulation at the center......

Amazon cuts jobs in AI division as it reshapes investment priorities

Amazon is restructuring parts of its artificial intelligence operations, reducing staff within its artificial general intelligence division as the technology sector becomes increasingly competitive and companies reassess how they allocate resources. The company said the workforce changes are part of......

United States prepares broader tariff strategy as new trade measures take effect

The United States is preparing to expand its tariff strategy by introducing new import duties targeting several of its major trading partners, signaling that higher tariffs are set to remain a central feature of the country's trade policy. The expected announcement follows the implementation of......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.