Economy

E.U.'s 0 billion-per-year spending on U.S. energy is unrealistic

July 25, 2025

Is $250 billion per year on U.S. energy feasible for the E.U.?

Ava Martinez

The ambitious initiative by the European Union to allocate an estimated $250 billion annually on energy imports from the United States is facing growing examination. Experts and policymakers are questioning…

Economy

US companies up against 'nightmare' tariff wall

July 25, 2025

‘Nightmare’ tariff walls pose problems for US companies

Ava Martinez

U.S. companies are encountering increasing obstacles in the form of rising global tariffs, as international trade dynamics grow more complex and less predictable. The evolving landscape of import and export…

Economy

Ireland 'not exactly celebrating' Trump's deal with EU

July 24, 2025

Irish officials downplay Trump’s EU trade pact

Ava Martinez

When former U.S. President Donald Trump brokered a trade understanding with the European Union, reactions across Europe were mixed. In Ireland, the reception was particularly reserved. Far from celebrating the…

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