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ECONOMY
IMF Upgrades Global Growth Forecast Amid Tariff Adjustments and Economic Resilience

IMF raises its global growth forecast to 3% for 2025, citing tariff adjustments and improving financial conditions amidst ongoing economic challenges.

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ECONOMY
Union Pacific and Norfolk Southern's $85 Billion Merger Proposal Creates First Coast-to-Coast Railroad

Union Pacific proposes an $85 billion acquisition of Norfolk Southern to create the first coast-to-coast freight railroad in the U.S.

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ECONOMY
China introduces national childcare subsidies to combat declining birth rates

China announces childcare subsidies to boost birth rates amid demographic challenges and economic uncertainties.

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ECONOMY
Trump to Implement Global Tariffs of 15-20% as Negotiations With Countries Intensify

New tariffs of 15-20% on exports to the US set for countries without deals as Trump finalizes trade negotiations.

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ECONOMY
EU Investigates Temu for Breach of Digital Services Act Over Illegal Product Sales

The EU investigates Temu for breaching digital rules by failing to manage illegal product sales effectively.

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ECONOMY
CK Hutchison Considers Chinese Investor Amid Geopolitical Tensions Over Panama Ports Deal

CK Hutchison is in talks to include a Chinese investor in its controversial $22.8 billion ports sale amid geopolitical tensions.

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ECONOMY
Allianz Life reports data breach affecting majority of U.S. customers

Allianz Life confirms a significant data breach affecting countless customers' personal information following a cyber-attack.

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ECONOMY
NASA to witness significant workforce reduction as nearly 4,000 employees opt to leave

NASA faces a potential reduction of 20% of its workforce as employees opt to leave amid budget cuts and leadership uncertainties.

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ECONOMY
Trump Administration to Release Over $5 Billion in Withheld School Funding

The Trump administration is set to release over $5 billion in frozen school funding following bipartisan pressure and legal challenges.

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ECONOMY
Trump Doubts Trade Deal with Canada; August 1 Deadline Looms

Trump expresses skepticism about a trade deal with Canada, indicating a potential 35% tariff by August 1.

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