Economy
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US Budget Deficit Soars to Almost $2T in FY 2026: 12% Year-on-Year Jump
WASHINGTON, OCTOBER 16 — The U.S. federal budget deficit for fiscal year 2026 is estimated to have reached…
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Federal Reserve Faces Rate Hike Pressure as U.S. Inflation Surges to 3.7% in September
Hotter-than-expected September CPI data has raised odds of a 25-basis-point Fed rate hike in October to 47%, according…
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Could the Housing Market Become Affordable Again? Here’s What It Would Take
NEW YORK, October 14 — Redfin’s analysis suggests that housing costs could return to ‘normal’ within five to…
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U.S. Job Growth Slows to 29,000 in September as Unemployment Rises to 4.2%
WASHINGTON, October 4 — The U.S. economy added 29,000 jobs in September, marking a slowdown in employment growth…
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Trump’s Unprecedented Control Over Federal Spending: A Check on Congress’ Power
WASHINGTON, October 3 — A Cornell University study released in March 2023 has documented an unprecedented expansion of…
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KNM Group: The Rise and Ruin of a Malaysian Champion — and the Lessons in Its Fall
KNM Group: The Rise and Ruin of a Malaysian Champion — and the Lessons in Its Fall KNM…
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Russia Plans $202.58 Billion Defense Budget for 2027
MOSCOW, September 28 — Russia has announced a 27% increase in its planned military spending for 2027, raising…
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US and China Seal $30 Billion Tariff Deal: What’s Inside
WASHINGTON, September 26 — The United States and China have agreed to cut tariffs on $30 billion worth…
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How Copper Price Gaps Signal Future US Tariffs on Chilean Imports
LONDON, August 15 — The copper market is pricing in a bet: a 37% chance that the US…
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Middle East Conflict Threatens Global Maritime Trade Routes
WASHINGTON, August 1 — A potential major conflict involving Iran could trigger severe disruptions across global trade routes…
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Crowdfunding Grows Into Multi Billion Dollar Global Finance Force
BERLIN, July 21 — The shift is subtle, but real: crowdfunding has gone from a niche internet experiment…
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Economic pressures drive shift to courthouse weddings
SAN FRANCISCO, July 20 — The figure that matters: less than $300. That is the total price of…
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Social Security Trust Fund Could Be Insolvent by 2033
WASHINGTON, July 19 — The Social Security program’s financial foundation is built on a ticking clock. Without legislative…
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Broad-Based Export Growth Across Key Markets Boosts Singapore’s Economy
SINGAPORE, July 17 — What do AI data centres in Texas and pharmaceutical labs in Europe have in…
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Pew Research Center: Decades of Nonpartisan Public Opinion Insights
WASHINGTON — The Pew Research Center operates as a nonpartisan American think tank based in Washington, D.C. The…
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Scandal Exposes Oversight Gaps at a Pillar Institution
KINGSTON, July 16 — The Financial Services Commission of Jamaica continues to work through the aftermath of a…
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Investment Fraud’s Economic Toll on Markets and Investors
WASHINGTON, July 14 — Securities fraud doesn’t just drain bank accounts. It warps entire markets, making it harder…
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Leland Stanford drove the golden spike, built a railroad empire
Stanford was one of the ‘Big Four’ investors — a group that included Collis P. Huntington, Mark Hopkins,…
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States Tighten Scrap Metal Laws to Curb Copper Theft
RICHMOND, Va., July 8 — The figure that matters in the fight against copper theft is $1 billion…
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Copper thefts surge as AI data centers fuel metal crime wave
LONDON, July 8 — The wiring under the floors of America’s AI data centres has become a target…
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Copper Theft at AI Data Centers Costs Industry $1.5 Billion in 2024
WASHINGTON, July 8 — The number that matters: $1.5 billion. That is the estimated total industry loss from…
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Copper Theft at Data Centers Surges Sharply Since 2023, FBI Says
WASHINGTON, July 7 — $1 billion. That is the figure that matters for the U.S. construction industry from…
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Nearly half of young Americans under 30 still live with parents
WASHINGTON — Nearly half of all Americans under the age of 30 were living with their parents in…
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Copper theft surges as prices rise, costing US economy $1B
LONDON, July 7 — Copper prices hit $4.20 per pound on the London Metal Exchange in April 2024,…
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How a Massachusetts ring sold sham marriages for $40,000 each
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I Own My House Outright and Want a Loan: Is It Possible?
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Wildlife, Minerals, and Waste: The Three Pillars of the New UN Crime Treaty
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Pete Hegseth’s Pentagon Strategy Targets Tech Supply Chain Vulnerabilities
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Half a Million Protesters Sweep France as Student Unrest Widens
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How Zelenskyy Is Cultivating European Security Ties Amid U.S. Policy Shifts
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