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ECONOMY
US Job Growth Slows in May with Unemployment Rate Steady at 4.2%

US added 139,000 jobs in May, with unemployment steady at 4.2%, amid economic uncertainties and tariff concerns.

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ECONOMY
Russia's Central Bank Cuts Interest Rate to 20% Amid Cooling Economy

Russia's Central Bank cuts interest rate to 20% as inflation pressures ease and economy slows, marking its first reduction since September 2022.

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ECONOMY
World Bank Resumes Loans to Uganda Despite Controversial Anti-LGBTQ Law

The World Bank resumes funding to Uganda after a two-year suspension due to an anti-LGBT law, citing new safeguards for vulnerable communities.

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ECONOMY
Elon Musk Loses $34 Billion Amid Escalating Feud with Trump

Elon Musk suffers a significant wealth loss of $34 billion due to a public feud with Donald Trump affecting Tesla's stock.

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ECONOMY
Tesla Shares Plummet Amid Musk and Trump’s Public Dispute

Tesla shares drop sharply as CEO Elon Musk criticizes Trump's new tax bill, sparking investor concerns over the company's future.

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ECONOMY
NATO Set to Revise Defense Spending Targets Amid U.S. Pressure

NATO prepares to revise defense spending, influenced by U.S. demands for increased contributions and responses to geopolitical threats.

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ECONOMY
US Trade Deficit Drops Sharply Amid Tariff Impact

US trade deficit falls significantly in April due to tariffs affecting imports and exports, with implications for future economic performance.

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ECONOMY
US auto suppliers call for urgent action against China's rare earth restrictions

US auto suppliers raise alarms over China's rare earth restrictions, warning of imminent production disruptions and economic fallout.

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ECONOMY
Trump’s Tax and Spending Bill Expected to Add $2.4 Trillion to National Debt

Trump's proposed legislation could increase national debt by $2.4 trillion while impacting millions of Americans' health insurance coverage.

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ECONOMY
Trump Doubles Tariffs on Steel and Aluminum to 50%, Escalating Trade Tensions

The U.S. has raised tariffs on steel and aluminum to 50%, impacting consumers and trade relationships with key allies.

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