Economy
Major United States airlines experienced a sharp increase in operational costs in March, driven mainly by rising jet fuel prices. According to recent transportation data, carriers collectively spent just over $5 billion on fuel during the month, marking an increase of approximately 56% compared to February.......
Global debt has reached a new record of nearly $353 trillion, highlighting ongoing financial imbalances and shifting investor behavior, according to a new report from the Institute of International Finance (IIF). The report indicates that, while global borrowing continues to rise, investors are gradually......
Eli Lilly and Company has announced a new $4.5 billion investment in its manufacturing operations in the state of Indiana, reinforcing its long-term commitment to expanding production capacity in the United States. Major expansion in Indiana The additional funding will be allocated across two of the......
Michael Saylor told investors on Tuesday that Strategy could sell Bitcoin under certain conditions, marking a notable departure from the company's long-standing accumulation-only posture. The comments came during a first-quarter 2026 earnings call that revealed a net loss of $12.54 billion, driven......
Citigroup is expected to present updated medium-term profit targets during its upcoming investor day on Thursday, according to CEO Jane Fraser. The announcement will highlight the bank’s ongoing transformation, aimed at improving efficiency, reducing costs, and increasing revenues. Strategic restructuring......
The global aviation sector is reeling from a jet fuel crisis triggered by the US-Iran conflict, forcing airlines to cancel tens of thousands of flights, impose fuel surcharges, and in the case of Spirit Airlines, shut down operations entirely. Against this backdrop, Emirates announced on Sunday that......
Bitcoin entered May under quiet but measurable strain. After a rally that carried the cryptocurrency from $74,000 to $78,000 between mid and late April, on-chain data from Binance now points to fading momentum, with five consecutive days of net stablecoin outflows draining liquidity from the world's......
German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms......
Global economies may be sleepwalking toward a deep recession even as American stock markets continue to set records, according to a warning from Amrita Sen, founder of Energy Aspects, who described the resilience of equity markets in the face of one of the worst oil supply shocks in history as "misplaced......
Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures......
A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......
Shares of major German car manufacturers dropped following the announcement by Donald Trump of a new increase in import tariffs on foreign vehicles. The measure raises duties from 15% to 25%, putting renewed pressure on an already fragile sector. Companies such as Dr. Ing. h.c. F. Porsche AG, Bayerische......
The United States has significantly increased economic pressure on Iran as part of a broader strategy combining financial sanctions and maritime restrictions, according to statements from senior officials in the Trump administration. US Treasury Secretary Scott Bessent stated that Washington is implementing......
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