Business

US Inflation Climbs to 3.7% Amid Rising Energy Costs Before Midterms

Inflation in the United States rose to 3.7% in September from 3.4% in August, creating economic challenges for President Donald Trump and the Republican Party ahead of the November...

SpaceX Stock Rises 7.6%, Boosting Elon Musk’s Net Worth Over $1 Trillion

Shares of SpaceX surged 7.6% to $171.10, significantly boosting Elon Musk's estimated fortune above the $1 trillion mark....

Euro Hits 17-Month Low Due to France’s Rising Debt Concerns

The euro has plunged to its lowest point against the US dollar in 17 months, driven by mounting...

Trump Unveils $15 Billion Steel Plant Project in Iowa with Mesabi Metallics

President Donald Trump has announced the development of a $15 billion steel plant in eastern Iowa, marking it...

Trump Considers Diesel Export Ban Amid Record US Prices and Supply Challenges

US diesel prices have surged to record highs as the Trump administration considers implementing a temporary 90-day ban...

Tech Drives Growth: 162,000 New Jobs in August, 4.1% Unemployment

The United States saw an uptick in job creation last month, with 162,000 new positions added in August. This marks a notable improvement for...

Malaysia Alerted: US Tariffs Could Impact Tech and Innovation Costs

Industry expert Datuk Seri R. Jeyenderan has cautioned Malaysia against assuming the current 10% tariff imposed by the United States on Malaysian goods is...

Apple’s Tim Cook Awarded $47M for Leadership in Tech Innovation

In a significant transition at Apple, Tim Cook has stepped down from his role as chief executive to take on the position of executive...

Bessent Supports Japan’s Tech-Driven Yen Strengthening, Rate-Hike Speculation Grows

U.S. Treasury Secretary Scott Bessent has voiced his firm endorsement of Japan's initiatives to bolster the yen, aligning with market speculations about a potential...

Tech Sector Eyes Warsh’s Insights at Jackson Hole on Interest Rate Trends

As market participants eagerly anticipate Federal Reserve Chair Kevin Warsh's address at the Jackson Hole symposium, the focus is on gaining insights into the...

Trump Unveils US-Venezuela Oil Pact Highlighting Technological Collaboration

US President Donald Trump has unveiled a new oil agreement with Venezuela, asserting that the United States will secure "majority" control over more than...