Business

SpaceX Stock Climb Boosts Elon Musk’s Wealth Beyond $1 Trillion

The recent surge in SpaceX's stock price has significantly impacted Elon Musk's estimated net worth, pushing it above the $1 trillion mark. SpaceX shares climbed by 7.6% to reach...

Euro Hits 17-Month Low as France’s Rising Debt Fuels Investor Concerns

The euro has reached its lowest point against the US dollar in 17 months, driven by escalating concerns...

Trump Announces $15 Billion Steel Plant Project in Iowa with Federal Support

In a significant development for the American steel industry, President Donald Trump has unveiled plans for a monumental...

Trump Administration Mulls Diesel Export Ban Amid Record US Prices

US diesel prices have surged to unprecedented levels amid deliberations by the Trump administration over a potential 90-day...

US-Mexico Economic Strains Heighten Amid Cartel-Linked Political Uncertainty

As Mexico and the United States gear up for significant electoral events, tensions between the two countries are...

Federal Reserve Implements First Interest Rate Hike Since 2023, Impacting Economy

The challenge of managing inflation continues to shape U.S. economic policies as the Federal Reserve raises its benchmark interest rate for the first time...

Treasury Yields Reach 5% Amid Rising Oil Prices, Inflation Concerns

For the first time since 2023, the U.S. government's borrowing costs have reached 5%, driven by a notable downturn in global bond markets amid...

U.S. to Lift 10% Tariff, Boosting Irish Whiskey Trade Opportunities

During a recent visit to Ireland, US President Donald Trump announced his intention to lift the 10% tariff on Irish whiskey imports to the...

Canada Imposes New Tariffs, Intensifying Economic Tensions with US

In a significant escalation of their trade conflict, Canada has announced a new set of retaliatory tariffs on imports from the United States. These...

August Sees 162K New Jobs; Unemployment Steady at 4.1%

In August, the U.S. economy saw a modest rebound with the addition of 162,000 jobs, marking a recovery after a sluggish summer period for...

Malaysia Faces Uncertainty as 10% US Tariff Could Rise Further

Malaysian exporters should not take the current 10% tariff imposed by the United States as a lasting limit, warned industry expert Datuk Seri R....