Economy

US-China talks restart as hopes grow for trade war truce extension

July 24, 2025

US-China discussions restart as prospects improve for trade war truce extension

Ava Martinez

Diplomatic negotiations between the United States and China have resumed, reigniting hopes that the two global powers may extend their fragile truce in the ongoing trade dispute. After years of…

Economy

US FCC clears bn Skydance-Paramount merger

July 21, 2025

US FCC okays $8bn Skydance-Paramount merger deal

Ava Martinez

A significant development in the entertainment industry has emerged with the formal approval of an $8 billion merger between Skydance Media and Paramount Global. The United States Federal Communications Commission…

Economy

Treasury Secretary Scott Bessent calls for a review of 'the entire' Federal Reserve

July 20, 2025

Scott Bessent, Treasury Secretary, calls for full Federal Reserve assessment

Ava Martinez

In a development sparking considerable debate among financial and political groups, U.S. Treasury Secretary Scott Bessent has urged a comprehensive evaluation of the Federal Reserve’s organization, decision-making procedures, and policy…

Economy

July 20, 2025

Goldman Sachs warns of economic trouble

Ava Martinez

In a significant change from its earlier stable outlook, Goldman Sachs is now showing increased wariness regarding the trajectory of the global economy. The well-regarded investment bank, renowned for its…

Economy

Trump says US has struck trade deal with Japan

July 19, 2025

Trump announces US-Japan trade agreement

Ava Martinez

Former U.S. President Donald Trump revealed that the United States had finalized a trade agreement with Japan during his time in office, marking what he described as a significant step…

Economy

City traders have rate-rigging convictions quashed

July 19, 2025

Court quashes rate-rigging convictions for city traders

Ava Martinez

Several ex-financial traders who had faced convictions related to tampering with benchmark interest rates have now seen their convictions nullified. This marks a notable legal shift in one of the…

Economy

Higher UK borrowing adds to pressure on Reeves

July 18, 2025

Increased UK borrowing adds to Reeves’ challenges

Ava Martinez

Public borrowing in the United Kingdom has increased beyond anticipated levels, adding extra fiscal stress on Chancellor Rachel Reeves as she attempts to steer through a complex economic environment. With…

Economy

Irish government reveals how Apple tax windfall will be spent

July 18, 2025

Apple tax windfall: Irish government outlines allocation

Ava Martinez

The Irish administration has revealed its plans for distributing the multi-billion-euro tax windfall obtained from Apple, an outcome of significant controversy that has attracted worldwide attention. The money, originating from…

Economy

Trump Media builds billion bitcoin hoard as crypto swells president’s net worth

July 18, 2025

Trump Media stockpiles $2 billion bitcoin as crypto elevates president’s net worth

Ava Martinez

Trump Media & Technology Group has quietly built a significant position in bitcoin, now holding approximately $2 billion worth of the cryptocurrency. This sizable digital asset reserve has contributed to…

Economy

China blocks Wells Fargo banker from leaving due to 'criminal case'

July 17, 2025

Wells Fargo banker held in China because of ‘criminal case’

Ava Martinez

A senior banker working with Wells Fargo has been banned from departing mainland China as officials conduct an investigation linked to an ongoing criminal matter. Sources knowledgeable about the situation…

Economy