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...

Technology Concerns Contribute to August’s Seven-Month Low in US Confidence

In August, consumer confidence in the United States took a hit, with the index dropping to 89.4 from July's 90.2, registering the lowest level...

Druckenmiller Advises Bessent: Leverage Technology, Avoid US Bond Market Intervention

Stanley Druckenmiller, a renowned billionaire investor, has issued a cautionary message to US Treasury Secretary Scott Bessent regarding the effectiveness of the government's strategy...

Trump Leverages Tariff Strategy to Boost U.S. Automotive, Steel Innovation

In a significant move that intensifies trade tensions, U.S. President Donald Trump has declared a new 50% tariff targeting Canadian automobiles, including cars, trucks,...

Trump Pauses Canada Tariffs, Proposes Keystone XL Pipeline Technology Revival

In a recent development, U.S. President Donald Trump announced a three-day delay in the implementation of a proposed 50% tariff on Canadian goods, citing...

US Highlights Tech Role in Easing Chinese Goods Flow via 38 Nations

The United States has raised allegations against 38 countries along with the European Union, accusing them of being involved in a "shadow transshipment network."...

Innovative Tech Solutions Sought as US Deficit Projected to Hit $2.1T by 2026

The United States federal budget deficit is on track to hit approximately $2.1 trillion by the fiscal year 2026, driven by a rate of...