Finance news

Market Insight: The Baby Boomers – America's Unrecognized Economic Drivers

Older people in the US benefit from strong stock markets and keep consumption going despite high inflation. This gives the economy additional tailwind.

US Supreme Court again rejects cap on political campaign spending limits

The US Supreme Court has again struck down campaign spending limits, this ⁠time rejecting federal restrictions on coordinated spending between political parties and their candidates on free speech grounds. The ruling on Tuesday comes as major Republican committees head towards the November midterm elections with a significant cash advantage over their Democratic counterparts. Siding with Vice-President J.D. Vance and other Republican challengers, the court ruled 6-3 that a cap on the amount of..

Trump administration expands list of graduate degrees subject to higher borrowing limits

Many graduate students will be subject to higher federal student loan caps than previously expected, after a court ruling last week. Here's what to know.

US Supreme Court upholds state bans on transgender student athletes

The US Supreme Court cleared the way on Tuesday for ⁠states to impose restrictions on transgender student athletes, upholding laws in West Virginia and Idaho banning them from female sports teams. It delivered a major victory to conservatives in one of the country’s most fiercely contested culture-war battles. The justices overturned decisions by lower courts siding with transgender students who challenged the bans in the two states as violating the US Constitution and a federal...

Latvia and Ukraine to open drone factory right on Baltic nation’s border with Russia

The Latgale region, where the new drone factory is to be built, is historically one of Latvia’s most economically disadvantaged.

Markets Can't Price a Tweet, Industry Warns

'Markets can price risk, but they can't price a tweet', one exploration and production company executive warned in the latest Dallas Fed Energy Survey.

Warsh says he’s determined to slay inflation. Investors want to know if he really means it.

New Federal Reserve Chairman Kevin Warsh isn’t a stranger on Wall Street, but the mystery to investors is whether he’s committed as he sounds to stamp out U.S. inflation.

Agencies release list of distressed or underserved nonmetropolitan middle-income geographies

Agencies release list of distressed or underserved nonmetropolitan middle-income geographies

Philippine religious group challenges Marcos, seeks to shield senator over probe

Philippine President Ferdinand Marcos Jnr faced a stern challenge on Tuesday after the influential Iglesia ni Cristo (INC) religious movement staged a protest on Metro Manila’s busiest highway to demand that the presidential palace stop going after one of its members, Senator Rodante Marcoleta. The rally at Edsa – the highway where a 1986 people power uprising helped topple Marcos’ father, who was the country’s long-time dictator – has raised the stakes of a looming criminal case involving...

Monetary policy: Inflation rate in Germany fell significantly more than expected in June

The discount at German gas stations is curbing inflation, but it is in its final hours. Prices are already rising in many places. But there are also hopeful signals for consumers.

Venezuela survivors pulled from rubble days after quakes

Almost a week after two devastating earthquakes struck Venezuela, survivors were still being found alive by rescuers that have come from abroad to help. Salvadorean rescuers reached a 44-year-old man trapped under the rubble of a shopping centre in the coastal city of Maiquetía in the early hours of Tuesday, El Salvador’s President Nayib Bukele wrote on the platform X. The man had been supplied with water through a tube while rescuers found a way to reach him safely. Workers from the Ecuadorian.

Sulaiman Ahmed predicting a stock market crash worse than 2008. Should covered ETF investors be worried?

https://www.youtube.com/live/rWN53Qu1Kq4?si=pvy0cV4OqIJlcPRy At the 34 minute mark. This was on his podcast with Larry Johnson. Guys, Im gonna be honest, all this talk of a crash is giving me severe anxiety. I have not really experienced a crash unless you count the 2020 market crash. I am mainly invested in covered call ETFs such as QDAY, BANK, PAYG. Like many others I am constantly hearing about incoming market crash, AI Bubble popping and its starting to get me worried like oh wait I dont eve

Consumer prices: Falling oil prices and fuel discounts: Inflation falls significantly

The Iran war has fueled inflation in Germany, and consumers have felt this especially at the gas stations. Price pressure eased in June. But now the price-dampening fuel discount is expiring.

Economy: German inflation rate surprisingly falls to 2.3 percent in June

The price of oil is falling and the fuel discount is having an effect: inflation is falling. But the value remains comparatively high.

Monetary policy: Fuel discount causes inflation to fall to 2.3 percent

The discount at German gas stations is entering its final hours. Prices are already rising in many places. But there are also hopeful signs for consumers.

ECB: Central bankers Nagel and Lane continue to expect increased inflation

At the ECB meeting in Sintra, Portugal, the leading monetary politicians are cautious. The head of the Bundesbank and the ECB chief economist still expect the aftermath of the Iran war.

Price development: According to Ifo, inflation pressure is likely to fall

Companies expect prices to fall. This is good news for inflation – but not the all-clear.

Philippines approves Metro Manila's biggest minimum wage hike in decades

Inflation likely to stay ‘significantly above target,’ top European central banker warns

Joachim Nagel, president of Germany’s Bundesbank, spoke to CNBC on the sidelines of an ECB conference in Portugal.

Dax currently: Dax is in the plus and has gained more than 200 points – Adidas shares are in the red

Inflation and labor market data, the Iran war and interest rate speculation: there is no lack of stimulus on the German stock market. Is the Dax coming out of the summer slump?

Economy: French inflation surprisingly falls to two percent

Prices in France are rising more slowly than expected. A trend that could also continue in Germany. Above all, the detente in Iran is providing relief.

Price development: Ifo: Inflation pressure is likely to fall

Companies' price expectations have fallen for the second month in a row. This is good news for inflation - but not the all-clear.

ECB publishes indicative operational calendars for 2027

ECB publishes indicative operational calendars for 2028

Iran war: import prices with the strongest increase since the end of 2022

Exploding energy prices drove import prices higher in May than they have in three and a half years. Inflationary pressure is growing.

No need to share numbers as WhatsApp set to introduce new feature for texting

WhatsApp, one of Hong Kong’s most popular messaging apps, will soon no longer require users to share their phone numbers before they start texting. Starting this week, users can reserve a unique username, which allows them to text without swapping numbers, for use later this year when the Meta-owned service launches the feature. Users will need to know a person’s exact username before they can text them for the first time. United States tech giant Meta said on Monday that the new move was a step

Because of the Iran war: import prices with the strongest increase since the end of 2022

Energy on world markets is becoming more expensive. This also causes import prices to rise. Economists also expect consequences for inflation in the medium term.

Philippines courts Greater Bay Area investors as gateway to Southeast Asia

The Philippines is uniquely positioned to serve as a gateway for Greater Bay Area businesses into Southeast Asia, the country’s trade secretary said on Tuesday, as she outlined Manila’s push to promote a pro-investment environment. Speaking at the South China Morning Post’s GBA-Asean Summit 2026, Cristina Aldeguer-Roque urged investors to view the Philippines as a springboard into the region and to tap into the country’s young, digitally fluent workforce. “We are a maritime, demographic and...

Central Bank: Setback for Trump – Court leaves Fed Chairman in office

Trump wanted to fire Fed Chairwoman Lisa Cook. Critics saw the independence of the central bank threatened. Now the highest court decided.

Passenger jet reports striking drone approaching JFK airport to land

A passenger jet reported striking a drone while approaching JFK International Airport on Monday, and just hours later, a helicopter pilot alerted a close call with a remote-control plane near the same airport. The Federal Aviation Administration is investigating the first incident that happened as a JetBlue plane passed through 3,000 feet (914 metres) Monday morning while it was crossing the coastline. The plane landed safely in New York without any additional help, and no damage was found when.