Economy



Federal Reserve overhauls banking supervision structure to boost efficiency and transparency

Federal Reserve overhauls banking supervision structure to boost efficiency and transparency The U.S. Federal Reserve has launched a major reform of its banking supervision framework, approving a comprehensive restructuring plan aimed at improving oversight efficiency, strengthening transparency, and......

US Dollar Hits 13-Month High as Investors Seek Safe-Haven Assets

The US dollar has extended its gains, reaching its highest level in 13 months against major global currencies, as investors turn to safer assets amid growing uncertainty in financial markets. The currency rally comes as global stock markets experience increased volatility, driven largely by a sell-off......

United States allocates $17.5 billion to expand nuclear energy capacity under new energy security plan

The United States Department of Energy has announced a major funding package worth $17.5 billion aimed at accelerating the development of nuclear power across the country, in what officials describe as a strategic effort to strengthen national energy security and expand electricity generation capacity. The......

Trump says Ford and General Motors could produce missiles and defense weapons

US President Donald Trump has announced that major American automotive manufacturers, including Ford and General Motors, could soon be involved in the production of military equipment for the United States armed forces, including advanced missile systems. Speaking to reporters at the White House, Trump......

SpaceX turns to bond markets for first time to fund expansion and repay debt

The space and technology company SpaceX has announced its first-ever issuance of investment-grade bonds, marking a major shift in its financing strategy as it seeks to support expansion plans and manage existing debt obligations. The company, founded by Elon Musk, is reportedly aiming to raise billions......

Bank of America forecasts renewed Federal Reserve tightening cycle in 2026

Bank of America’s research division has projected that the US Federal Reserve could resume raising interest rates in 2026 as policymakers continue to monitor inflationary pressures and the resilience of the American economy. According to the bank’s latest outlook, the central bank may implement......

United States eases sanctions on Iranian oil sales following Switzerland talks

The United States has issued a temporary waiver allowing limited Iranian oil sales, marking a notable shift in sanctions policy following recent diplomatic discussions held in Switzerland. According to official statements, the U.S. Treasury Department authorized a 60-day general license permitting the......

China Tightens Export Controls On Rare Earths Targeting US Companies Amid Rising Trade Tensions

China has introduced new export restrictions on rare earth materials, further intensifying economic and technological competition with the United States and raising concerns over the stability of global supply chains. According to China’s Ministry of Commerce, several US-linked companies have......

Conflict with Iran leaves economic and strategic costs for the United States

The recent conflict involving the United States and Iran has highlighted the significant economic, military, and humanitarian costs that modern geopolitical confrontations can impose on nations and global markets alike. Beyond the immediate security concerns, the crisis generated far-reaching consequences......

Warsh advocates leaner federal reserve approach amid rising economic complexity

The new Federal Reserve Chair, Kevin Warsh, is signaling a shift toward a more streamlined and less communicative approach to central banking, marking a notable change in how the U.S. central bank engages with markets and economic policy. During his first Federal Open Market Committee (FOMC) meeting,......

United States launches investigation into Germany over pharmaceutical pricing practices

The United States government has opened an official investigation into Germany’s pharmaceutical pricing policies, in a move that could potentially lead to the imposition of new tariffs on medical products. The inquiry, announced by the Office of the United States Trade Representative (USTR), will......

Oil prices fall sharply after US-Iran agreement eases market concerns

Global oil prices recorded a significant decline on Thursday following the signing of a framework agreement between the United States and Iran, a development that has eased concerns over energy supplies and reduced tensions in one of the world's most strategic regions for oil transportation. Market......

US Supreme Court upholds compensation rights for wrongfully dismissed striking workers

The United States Supreme Court has declined to hear a legal challenge brought by retail giant Macy’s against a federal labor ruling that required compensation for employees dismissed during a labor dispute. The decision effectively leaves in place previous court rulings supporting the authority......

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