EconomyEuropean Central Bank Slashes Interest Rates Again to Rescue Stagnant Eurozone Growth
The European Central Bank cut interest rates by a quarter-point to 3.5% to stimulate stagnant economic growth in the eur...
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EconomyUS Housing Starts Surge to Five-Year High as Builders Chase Lower Mortgage Rates
US housing starts surged 12.5% in May to a five-year high as homebuilders rush to meet the demand generated by recently ...
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EconomyGlobal Shipping Rates Crash 40% as Strait of Hormuz Reopens to Free Trade
Global ocean freight rates have crashed by 40% following the reopening of the Strait of Hormuz, eliminating the geopolit...
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EconomyUS Inflation Proves Sticky in May as Services Costs Offset Cheaper Gas
The May CPI report shows US inflation remaining sticky at 2.8 percent annually, as rising service costs like insurance a...
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EconomyBank of England Holds Interest Rates at 3.75% as Inflation Cools to 2.8%
The Bank of England has held its benchmark interest rate at 3.75% as UK inflation cools to 2.8%. This decision provides ...
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EconomyWorld Bank and OECD Warn of Weakened Global Economic Outlook Amid Energy Shocks
The World Bank and OECD warn that the global economic outlook has weakened significantly due to energy shocks and inflat...
Read More →EconomyFederal Reserve Holds Rates Steady Under New Chair Kevin Warsh as Inflation Persists
The Federal Reserve held its interest rate steady at 3.50%-3.75% under new Chair Kevin Warsh following hotter-than-expec...
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EconomyECB Hikes Interest Rates for First Time Since 2023 Amid Energy Shock
The European Central Bank has raised interest rates for the first time since 2023 to combat surging energy costs driven ...
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EconomyHousing Breakthrough: Federal Subsidies for 3D-Printed Homes Slash Building Costs
The federal government has announced sweeping subsidies for 3D-printed and modular housing, slashing new build costs by ...
Read More →EconomyThe Green Premium Dies: Sovereign Wealth Funds Pivot $150B into Next-Gen Nuclear
A consortium of sovereign wealth funds has committed $150 billion to next-generation nuclear reactors and grid-scale sto...
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EconomyThe AI Dividend: Q2 Earnings Reveal Massive Productivity Boom Reshaping GDP
Q2 2026 corporate earnings reveal a massive "AI Dividend," with companies reporting record profit margins due to unprece...
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EconomyGlobal Supply Chain Relief: Panama Canal Drought Ends, Shipping Costs Plummet
The Panama Canal has fully restored its transit capacity following the end of a historic drought, causing global shippin...
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