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Economy

Goldman Sachs signals economic worries

Peter G. Killigang

In a significant change from its earlier stable outlook, Goldman Sachs is now showing increased wariness regarding the trajectory of the global economy. The well-regarded investment bank, renowned for its…

Economy

Starmer and Modi sign £6bn India-UK trade deal

Peter G. Killigang

The United Kingdom and India have embarked on a new phase of economic partnership as Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi sealed a historic trade deal…

Faisal Islam: Trump's tough tariff tactics are getting results

Economy

Faisal Islam: The effectiveness of Trump’s tough tariff tactics

Peter G. Killigang

Under his leadership, Donald Trump’s strategy towards global commerce represented a significant shift from the cooperative principles that had been a cornerstone of U.S. policy for many years. Abandoning established…

City traders have rate-rigging convictions quashed

Economy

City traders have rate-rigging convictions overturned

Peter G. Killigang

Several ex-financial traders who had faced convictions related to tampering with benchmark interest rates have now seen their convictions nullified. This marks a notable legal shift in one of the…

Higher UK borrowing adds to pressure on Reeves

Economy

Reeves under more pressure with higher UK borrowing

Peter G. Killigang

Public borrowing in the United Kingdom has increased beyond anticipated levels, adding extra fiscal stress on Chancellor Rachel Reeves as she attempts to steer through a complex economic environment. With…

Trump Media builds billion bitcoin hoard as crypto swells president’s net worth

Economy

Trump Media’s $2 billion bitcoin cache grows as cryptocurrency enhances president’s net worth

Peter G. Killigang

Trump Media & Technology Group has discreetly acquired a substantial amount of bitcoin, presently possessing around $2 billion in this digital currency. This impressive collection of digital assets has played…

Economy

Ryanair mulls bigger bonus for spotting oversized bags

Peter G. Killigang

Ryanair, Europe’s largest budget airline, is reportedly evaluating changes to its internal reward system that could see ground staff receive higher bonuses for identifying passengers carrying oversized cabin luggage. The…

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Economy

Chevron’s buyout of Hess gets nod after legal win vs. Exxon

Peter G. Killigang

Chevron’s ambitious acquisition of Hess Corporation has officially received the green light, marking a major consolidation in the energy sector after overcoming a legal challenge brought by ExxonMobil. The resolution…

Powell defends .5 billion Fed renovation in a point-by-point response to the Trump administration

Economy

Powell offers comprehensive response to Trump administration on $2.5 billion Fed renovation

Peter G. Killigang

Federal Reserve Chair Jerome Powell has publicly defended the institution’s decision to move forward with a $2.5 billion renovation of its Washington, D.C. headquarters, offering a detailed rebuttal to concerns…

Copper prices have surged to record highs — and they could jump higher. Here’s why

Economy

Copper prices at record highs — and there’s a chance they could go even higher. Here’s why

Peter G. Killigang

Copper, widely regarded as an indicator for the state of the global economy, has experienced a significant increase in its market price recently. This trend is a result of constrained…