Australia’s unemployment rate fell to 4.2 percent in July 2025, according to data released by the Australian Bureau of Statistics. The figure represents a slight improvement from the 4.3 percent recorded in June, which had been...
Category : Featured News
The US dollar declined for a second consecutive session as fresh inflation data reinforced expectations that the Federal Reserve may begin cutting interest rates as early as September. The US Dollar Index (DXY) fell to 97.87, its lowest...
Spirit Airlines has issued a going-concern warning, raising doubts about its ability to continue operations within the next year, just five months after emerging from Chapter 11 bankruptcy protection. The low-cost carrier, based in Florida, cited...
United States President Donald Trump announced on Friday that he will meet Russian President Vladimir Putin in Alaska on 15 August to discuss a potential agreement aimed at ending the war in Ukraine. The meeting, which Trump described as a critical...
Switzerland is facing one of its most severe trade challenges in decades after the United States implemented a 39 percent tariff on Swiss exports, a rate among the highest imposed under President Donald Trump’s ongoing overhaul of global trade...
Signs are mounting that the United States may be entering a “stagflation-lite” phase, as inflation edges higher while economic growth slows and labor market indicators weaken. Economists and market analysts warn that the combination of sticky prices,...
Las Vegas is facing a sharp downturn in tourism, with official figures revealing an 11.3% drop in visitor numbers this June compared to the same period last year. The Las Vegas Convention and Visitors Authority (LVCVA)...
U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade...
The U.S. labor market added just 73,000 jobs in July, falling short of expectations and signaling a sharp slowdown in hiring as President Donald Trump’s tariff policies weigh on businesses. According to the Bureau of Labor Statistics,...
Shares of Danish pharmaceutical company Novo Nordisk fell sharply by 20% on Tuesday after the company cut its full-year sales and profit outlook and named a new chief executive officer. The market reaction came amid ongoing...