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Business
Thailand Signals Possible Rate Cut as U.S. Tariffs and Political Risk Loom
Thailand’s central bank is holding interest rates at 1.75% for now, but Deputy Governor Roong Mallikamas says the BOT stands…
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Business
Iran’s Nuclear Pullback Lifts Oil 2%, but Market Stays Grounded
Oil gained 2% as Iran blocked IAEA access, raising geopolitical risks. But with U.S. crude stockpiles climbing and no Hormuz…
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Business
European Markets Edge Higher on Renewable Energy Rally and Luxury Rebound
European stocks rose modestly Tuesday, led by a 10% surge in Vestas and a luxury sector bounce as U.S. tax…
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Business
S&P Gains Slightly, Nasdaq Slips as Markets Digest Trump’s $4.5 Trillion Tax Bill
The S&P 500 inched higher Tuesday as the Senate passed Trump’s massive tax bill, but the Nasdaq fell, with tech…
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Business
Stellantis Warns of ICE Plant Closures If CO₂ Targets Missed
Stellantis may close internal combustion engine plants in Europe if EV sales don’t rise fast enough to meet EU carbon…
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Business
Powell Reaffirms Fed’s Dollar Swap Line Role, But Political Risks Loom
Fed Chair Jerome Powell said the central bank stands ready to use dollar swap lines to support global liquidity—but political…
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Business
Job Openings Jump in May, but Hiring Slows — A Labor Market in Stall Mode
Job openings in May surged past expectations to 7.77 million—but with hiring down and layoffs flat, the labor market looks…
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Business
Markets Hold Steady as Trump Tax Bill Clears Senate, But Bond Yields Spike
Stocks mostly held ground after the Senate passed Trump’s sweeping tax-and-spending bill. But bond markets took notice, with rising yields…
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Business
Senate Passes Trump’s $4.5 Trillion Tax Bill, House Faces Tight Vote Ahead
In a 51–50 vote, the Senate passed a $4.5 trillion tax package that slashes Medicaid and expands Trump-era tax cuts.…
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Business
Meta Launches Superintelligence Labs, Brings Scale AI CEO Alexandr Wang Onboard
Meta has consolidated its AI efforts into Meta Superintelligence Labs under Alexandr Wang and Nat Friedman, aiming at AGI with…
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