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World Bank and OECD Warn of Weakened Global Economic Outlook Amid Energy ShocksEconomy
Jun 18, 2026By Ali Raza Sheikh

World 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...

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Federal Reserve Holds Rates Steady Under New Chair Kevin Warsh as Inflation PersistsEconomy
Jun 18, 2026By Ali Raza Sheikh

Federal 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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ECB Hikes Interest Rates for First Time Since 2023 Amid Energy ShockEconomy
Jun 18, 2026By Ali Raza Sheikh

ECB 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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The New Geopolitics of AI: Why Water and Energy Are the Ultimate Power SourcesWorld Politics
Jun 18, 2026By Hamza Tariq Qureshi

The New Geopolitics of AI: Why Water and Energy Are the Ultimate Power Sources

A new analysis reveals that the global balance of power is shifting from oil and territory to the battle for computation...

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Middle East Violence Escalates: Israeli Strikes Hit Lebanon Despite Iran Peace TalksWorld Politics
Jun 18, 2026By Hamza Tariq Qureshi

Middle East Violence Escalates: Israeli Strikes Hit Lebanon Despite Iran Peace Talks

Despite high-profile U.S.-Iran peace talks, Israel and Iran continue to trade airstrikes, and Israeli forces recently ki...

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G7 Summit in France: Trump Claims Iran Deal as Macron Rivalry FlaresWorld Politics
Jun 18, 2026By Hamza Tariq Qureshi

G7 Summit in France: Trump Claims Iran Deal as Macron Rivalry Flares

World leaders gather at the G7 summit in the French Alps, where President Trump claims a breakthrough agreement to end t...

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China's Shanghai Composite Slips as Global Markets Digest Hawkish Fed SignalsBusiness
Jun 18, 2026By Ali Raza Sheikh

China's Shanghai Composite Slips as Global Markets Digest Hawkish Fed Signals

China's Shanghai Composite slipped 0.37% to 4093 points as investors reacted to hawkish signals from the U.S. Federal Re...

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AI Paradox: Cheaper Tokens Drive Unprecedented Corporate Spending SupercycleBusiness
Jun 18, 2026By Ali Raza Sheikh

AI Paradox: Cheaper Tokens Drive Unprecedented Corporate Spending Supercycle

As the cost of AI computing tokens drops, companies are spending vastly more on artificial intelligence, a phenomenon kn...

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Crude Oil Prices Plunge as US-Iran Deal Reopens Strait of HormuzBusiness
Jun 18, 2026By Ali Raza Sheikh

Crude Oil Prices Plunge as US-Iran Deal Reopens Strait of Hormuz

Crude oil prices have plunged following a groundbreaking US-Iran agreement that reopens the Strait of Hormuz, clearing a...

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Fox Corporation Acquires Roku in Massive $22 Billion Deal to Reshape StreamingBusiness
Jun 18, 2026By Ali Raza Sheikh

Fox Corporation Acquires Roku in Massive $22 Billion Deal to Reshape Streaming

Fox Corporation has announced a $22 billion cash and stock deal to acquire streaming pioneer Roku, marking a massive con...

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Federal Reserve Holds Rates Steady Under New Chair Kevin Warsh, But Hike LoomsBusiness
Jun 18, 2026By Ali Raza Sheikh

Federal Reserve Holds Rates Steady Under New Chair Kevin Warsh, But Hike Looms

Federal Reserve Chairman Kevin Warsh kept interest rates unchanged in his first decision, but half of the committee offi...

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Startup 'Probably' Raises $9M to Build Hallucination-Free, Reliable AIAI & Innovation
Jun 18, 2026By Muhammad Usman Malik

Startup 'Probably' Raises $9M to Build Hallucination-Free, Reliable AI

Startup 'Probably' has raised $9 million to develop AI architecture that eliminates hallucinations and achieves determin...

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