Spain’s Consumer Rights Ministry has ordered Airbnb to remove over 65,000 holiday rental listings from its platform, intensifying a nationwide effort to rein in short‑term tourism accommodations blamed for stoking the country’s housing affordability woes. The sweeping directive, announced in...

In a jolting start to the trading week, Wall Street’s main indices tumbled while U.S. Treasury yields spiked after credit‐rating agency Moody’s lowered the United States’ sovereign rating from Aaa to Aa1. The downgrade, announced late Friday, instantly refocused investor anxiety on America’s...

April’s modest 0.1 percent uptick in U.S. retail sales punctuated a troubling trend: consumers are holding back even as stores and online merchants vie for every dollar. Once fueled by front‑loaded auto purchases ahead of tariff deadlines, spending momentum has dissipated, exposing deeper strains...

In a forceful move to tackle America’s soaring prescription costs, President Donald Trump on Monday signed an executive order demanding that pharmaceutical companies slash their U.S. prices to match the lower rates paid by other developed nations. Under the directive, drugmakers have 30 days to...

Foreign ministers from the BRICS nations gathered in Rio de Janeiro this week to craft a coordinated response to the sweeping tariffs and unilateral trade measures imposed by U.S. President Donald Trump. In their first high-level meeting under Brazil’s rotating presidency, the bloc—which now...

In a notable shift within President Trump’s hard-line trade agenda, the administration announced on Tuesday a set of measures designed to blunt the impact of its own automotive tariffs on U.S. carmakers and their suppliers. Officials said duties on foreign parts used in vehicles assembled...

US President Donald Trump’s sweeping tariff campaign, marked by abrupt imposition of duties and selective pauses, is inflicting tangible pain on American households, pushing up costs for everyday items and threatening the steady flow of goods that U.S. consumers have come to expect.   Since...

In a landmark shift toward low-carbon operations, leading companies spanning mining, oil and gas, automotive manufacturing, steel production and logistics are accelerating pilot programs and partnerships centered on naturally occurring “white” hydrogen. Extracted directly from subsurface reservoirs...

U.S. equities enter a pivotal week as investors brace for a deluge of corporate earnings from major technology firms alongside key economic reports that could confirm whether the recent rebound has legs. The S&P 500 has clawed back roughly half of its slide from February’s record highs, yet...

When President Donald Trump recently escalated U.S. tariffs on Chinese imports to effective rates nearing 145 percent, thousands of independent merchants on Amazon scrambled to recalibrate pricing across their storefronts. With import duties now more than quadruple the traditional rate, sellers...

President Donald Trump revealed this week that Chinese President Xi Jinping personally phoned him as Washington and Beijing engage in negotiations over reciprocal tariffs, marking a rare high-level acknowledgment of direct communication in the protracted U.S.–China trade war. Trump declined to...