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U.S.–EU Rift Over ‘Unfair’ Digital Rules Escalates After New U.S. Threats

U.S.–EU Rift Over ‘Unfair’ Digital Rules Escalates After New U.S. Threats

A simmering transatlantic dispute over Europe’s sweeping new digital regulations flared anew this week as Washington escalated public rhetoric and Brussels pushed back, underscoring growing friction over who gets to set the rules for online platforms. U.S. officials and industry allies say measures...
Global Stocks Cool as Fed Pivot Fervour Fades, Rising Yields and Earnings Risks Bite

Global Stocks Cool as Fed Pivot Fervour Fades, Rising Yields and Earnings Risks Bite

Global equities lost momentum on Monday as the burst of optimism tied to the prospect of imminent U.S. interest-rate cuts ran into a stream of economic data, heavy debt supply and company-specific risks. Investors who had quickly repriced valuations on the assumption of easier policy began to...
India’s Planned Ban on Money-Based Online Gaming Set to Reshape a Multi-Billion-Dollar Industry

India’s Planned Ban on Money-Based Online Gaming Set to Reshape a Multi-Billion-Dollar Industry

India’s draft Online Gaming law, which would outlaw games played with real-money stakes, has sent shockwaves through a swiftly growing domestic industry and prompted urgent questions about jobs, investment and consumer protection. Backers of the bill say it is needed to curb addiction, fraud and...
Brussels Holds Firm: Why the EU Pushed to Protect Its Digital Rulebook and How That Stalled a Joint Trade Statement with Washington

Brussels Holds Firm: Why the EU Pushed to Protect Its Digital Rulebook and How That Stalled a Joint Trade Statement with Washington

Brussels’ insistence on safeguarding its digital regulatory framework has emerged as the primary stumbling block in finalising a joint trade statement with Washington, diplomats and officials say. What began as a relatively straightforward effort to lock in a tariff understanding has become a...
Changing Trends Move Beer From Pint Glasses to Multipacks and Craft Bottles

Changing Trends Move Beer From Pint Glasses to Multipacks and Craft Bottles

Rising household costs are reshaping how people drink beer, splitting behavior into distinct camps and forcing brewers, retailers and venues to rethink product ranges, pricing and distribution. Faced with tighter budgets, many consumers are trading down to economy brands, bulk formats and...
U.S. Fuel Drop Keeps July CPI in Check as Tariffs Push Up Core Prices

U.S. Fuel Drop Keeps July CPI in Check as Tariffs Push Up Core Prices

U.S. consumer prices in July showed a muted headline increase even as underlying costs for services and certain tariff-sensitive goods accelerated, underscoring how a drop at the pump can temporarily mask broader inflationary pressures. The Consumer Price Index rose 0.2 percent from June and 2.7...
Tariff showdown faces steep hurdles that could derail Trump’s bid to “win” the trade war

Tariff showdown faces steep hurdles that could derail Trump’s bid to “win” the trade war

U.S. President Donald Trump’s aggressive tariff campaign has reshaped global trade politics and forced major partners into concessions on paper. Yet beneath the headlines of narrowed trade gaps and headline-grabbing framework agreements lies a raft of practical, legal and economic obstacles that...
Japan steps up pressure on US to fast-track auto tariff cut as industry seeks clarity

Japan steps up pressure on US to fast-track auto tariff cut as industry seeks clarity

Japan has intensified diplomatic pressure on Washington to promptly implement an agreed reduction in US tariffs on Japanese cars and auto parts, a move prompted by mounting concern inside Tokyo about the immediate economic fallout, legal ambiguity over how levies will be applied, and growing...
Trump Moves to Rein In Economic Data and Gain Early Fed Leverage

Trump Moves to Rein In Economic Data and Gain Early Fed Leverage

President Donald Trump on Friday abruptly dismissed the head of the U.S. Bureau of Labor Statistics and welcomed the surprise resignation of a Federal Reserve governor—actions that critics warn could undermine confidence in economic stewardship even as they hand the White House greater influence...
Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

Consumer Brands Grapple with Tariff-Driven Pricing Dilemmas

As U.S. tariffs on imports loomed large, consumer-goods giants have adopted an array of tactics to balance the threat of higher duties against fragile household budgets. From athletic gear and luxury handbags to everyday diapers and electronics, companies face a twofold challenge: safeguarding...
India Feels the Heat of Trump’s 25% Tariff Threat on Exports

India Feels the Heat of Trump’s 25% Tariff Threat on Exports

When U.S. President Donald Trump announced a 25 percent tariff on Indian goods effective August 1, markets in Mumbai and New Delhi braced for impact. The mere threat of steeper duties sent the rupee tumbling toward record lows, battered domestic equity indices and forced policymakers to juggle...
Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

Economic Indicators and Central Bank Independence Lead US Fed to Maintain 4.25–4.50% Rate Range

The Federal Reserve opted to maintain its benchmark interest rate at 4.25 percent to 4.50 percent during its July policy meeting, marking the fifth pause since December. Despite high‑profile calls from President Donald Trump for dramatic rate cuts—he publicly urged slashing the target to as low as...
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World

Brazil’s Amazon ‘Time Machine’ Tests the Future of Climate as COP30 Nears

Brazil’s Amazon ‘Time Machine’ Tests the Future of Climate as COP30 Nears
Deep inside Brazil’s vast rainforest, scientists are running an unprecedented experiment designed to glimpse the Earth’s future. Using advanced atmospheric technology, researchers are turning a...

Europe’s Strategic Break-with-China: How the EU Is Rewiring Its Industrial Core to Escape Beijing’s Grip on Rare Earths

Europe’s Strategic Break-with-China: How the EU Is Rewiring Its Industrial Core to Escape Beijing’s Grip on Rare Earths
For the European Union, the dominance of China in rare earth elements has evolved from an economic inconvenience into a strategic vulnerability. These metals—vital for electric vehicles, wind...

Trump Issues Firm Warning to Russia in Lead-Up to High-Stakes Summit

Trump Issues Firm Warning to Russia in Lead-Up to High-Stakes Summit
U.S. President Donald Trump is signalling a sharpened approach toward Vladimir Putin and Moscow as the two leaders prepare to meet, putting Russia explicitly “on notice” over its actions in Ukraine....

Why the White House Moved to Slash Thousands of Federal Jobs During the Shutdown

Why the White House Moved to Slash Thousands of Federal Jobs During the Shutdown
Amid a bitter budget standoff, the Trump administration initiated sweeping job cuts across multiple federal departments—turning the government shutdown into a theater of political power and strategic...

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist

US Pushes Europe to Lead Tariff Crackdown on China over Russian Oil While Own Trade Flows Persist
Washington has insisted that European nations impose steep secondary tariffs on China (and India) over their purchases of Russian oil—demanding Europe take the first step before the U.S. presses...

People

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency
A smiling portrait of Ronald Reagan, framed in gold, hangs behind the Resolute Desk — a silent observer of Donald Trump’s presidency. For Trump, the image is both inspiration and burden. While Reagan...

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant
South Korean workers caught in the sweeping U.S. immigration raid at a Hyundai-LG battery plant in Georgia have described in vivid detail the fear, humiliation, and uncertainty they endured. Their...

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute
The legal and political battle over President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook is moving into a Washington courtroom, where a federal judge is preparing to hear...

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance
The alliance between former President Donald Trump and tech magnate Elon Musk—once hailed as an unlikely marriage of populist politics and Silicon Valley ambition—crumbled in a matter of days this...

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...