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Petrol, HSD Prices Slashed by Rs1.97 as Global Oil Markets Stabilize
The federal government has announced a reduction in petrol and high-speed diesel prices by Rs1.97 per litre each, effective July 4, 2026, bringing the...
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PolicySupreme Court Strikes Down Presidential Tariffs, Curbing Executive Trade Power
The Supreme Court ruled 6-3 that the President cannot use emergency powers (IEEPA) to unilaterally i...
EconomyUS Weekly Jobless Claims Plunge to Historic Lows, Defying Recession Fears
US weekly jobless claims plunged to 185,000, the lowest level since 2024, defying recession fears an...
EconomyBeijing Unveils $500 Billion Consumer Stimulus to Defeat Deflation and Boost Spending
China announced a historic $500 billion consumer stimulus package featuring direct cash transfers an...
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 econom...
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 ge...
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, elim...