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Economy

Economy

Is the $2,000 iPhone Worth Buying?

Peter G. Killigang

Apple has introduced a new iPhone model priced at $2,000, marking one of the most expensive consumer smartphones ever released. This launch has sparked conversations about technology, consumer trends, and…

More bad news for Americans battling higher prices: Winter heating bills are about to rise

Economy

Surging winter heating bills worsen higher price woes for Americans

Peter G. Killigang

As the weather gets colder, families in the United States are encountering an additional financial challenge: the cost of heating is anticipated to increase this winter, further straining budgets that…

Trump and Xi are expected to finalize a long-sought TikTok deal today

Economy

Trump and Xi Poised to Seal TikTok Agreement Today

Peter G. Killigang

The fate of TikTok, a major player among global social media platforms, seems to be approaching a critical juncture as negotiations between Washington and Beijing move toward a much-anticipated deal.In…

Economy

Hyundai says opening of raided plant to be delayed

Peter G. Killigang

Hyundai has disclosed that the planned reopening of a major production site will be postponed following an official raid that has garnered considerable interest in the automotive sector. The corporation,…

Economy

July sees no economic growth in UK

Peter G. Killigang

The UK economy remained unchanged in July, emphasizing ongoing challenges for both businesses and households. This lack of growth mirrors wider patterns impacting consumer spending, investment, and general economic trust.The…

US inflation rises ahead of key interest rate decision

Economy

US inflation climbs prior to key interest rate decision

Peter G. Killigang

The latest economic data from the United States reveals that inflation is once again on the rise, creating uncertainty just before policymakers announce their next move on interest rates.The topic…

BYD shares slide as China's EV price war hits profits

Economy

BYD stocks slide due to China’s EV price war hitting profits

Peter G. Killigang

The market for electric vehicles in China has evolved into one of the fiercest areas within the global automobile sector. Initially viewed as a consistent growth path, this segment is…

Half of UK job losses in hospitality, say bosses

Economy

Bosses reveal half of UK job cuts in hospitality sector

Peter G. Killigang

The hospitality industry in the United Kingdom is experiencing an extraordinary staffing crisis, with leaders in the field indicating that almost 50% of recent job cuts nationwide have taken place…

Trump backs down from 250% EU pharma tariff in deal

Economy

Trump pulls back 250% EU pharma tariff in new deal

Peter G. Killigang

The escalating trade tensions between Washington and Brussels took a significant turn as former U.S. President Donald Trump agreed to withdraw plans for imposing an extraordinarily high tariff—reportedly 250 percent—on…

Beijing opposes 'bully' US for 50% tariffs on India

Economy

Beijing condemns ‘bully’ US over 50% tariffs on India

Peter G. Killigang

El panorama del comercio mundial ha entrado en otra fase turbulenta, mientras que Beijing ha criticado con dureza la reciente decisión de Washington de imponer altos aranceles a los productos…