China’s Consumer Collapses for First Time in Three Years While Factories Boom – and the Gap Is Widening
China's economy printed a sharply bifurcated set of May data on Tuesday, with retail sales contracting 0.6% on a monthly…
Bitcoin Surges Past $65,000 on Iran Peace Deal, but the Fed Looms as the Next Big Test
Bitcoin advanced to its highest level in nearly two weeks on Monday, climbing as much as 3.1% to $65,958 as…
Oil Crashes to 3-Month Low as U.S.-Iran Agree to Reopen Hormuz – and Now Markets Wait for the Barrels
Oil prices plunged to a three-month low on Monday after the U.S. and Iran announced an initial agreement to end…
IMF Chief Sees No Global Recession Ahead – But Warns the Iran Deal Must Hold to Protect Growth
The International Monetary Fund's managing director, Kristalina Georgieva, delivered a cautiously optimistic assessment of the global economy on Monday, stating…
Trump Picks Hush Money Defense Lawyer to Run Wall Street’s Most Powerful Prosecutor’s Office
President Donald Trump has selected James McDonald, an experienced white-collar lawyer who formed part of the legal team defending Trump…
Social Security Recipients Brace for a Bigger Raise as Inflation Surges Past Forecasts
Social Security beneficiaries are tracking toward a significantly larger cost-of-living adjustment in 2027 than analysts anticipated just months ago, as…
US Government’s Anthropic Crackdown Signals a New Era of State Control Over Frontier AI
Washington has taken the most far-reaching regulatory action ever directed at a US artificial intelligence company, ordering Anthropic to disable…
London’s Gold Market Eyes an Earlier Clock to Capture Asia’s Rising Appetite
The London Bullion Market Association is weighing a significant operational change that would shift its morning gold price auction to…
India’s Electronics Mart Plots Geographic Escape as AI Threatens Tech Hub Livelihoods
Consumer electronics retailer Electronics Mart India is pursuing a deliberate geographic pivot away from Hyderabad, its home base, after mounting…
Bitcoin Trades 40–50% Below Production Cost – Here Is What the Mining Economics Actually Tell You
Bitcoin traded near $61,800 on June 10 after briefly dipping below the psychologically significant $60,000 threshold on June 5 for…
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