Business

Silver and Gold Recover Strength After Unprecedented Selloff Triggered by Policy Announcement

Precious metals markets demonstrated recovery Monday following a violent downturn that had created widespread concern among investors. Gold advanced from an 8% drop to $4,465 per ounce, recovering to...

Liverpool Becomes Chery European Center in Significant Market Move

Liverpool will become the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer...

EasyJet Opposes EU Free Baggage Plan Citing Environmental Impact Concerns

British budget airline EasyJet has suggested that European Union baggage regulations could have unintended environmental consequences through increased...

Trump Readies 25% Tariff Strike on South Korea for Trade Agreement Breakdown

President Trump has readied a tariff strike against South Korea, threatening 25% duties on major exports following what...

Germany Debates Future of Gold Stored Outside Europe

Germany is debating the future of gold reserves stored outside Europe. Economists are questioning whether overseas storage still...

Wall Street Ramps Up UK Investment With New Tower and Tech-Focused Hiring Drive

Two leading US banks have announced major UK expansion efforts following a budget that kept financial-sector taxes steady. The investments signal growing optimism about...

Motability Refocuses on British Cars, Eliminates BMW and Mercedes

The landscape of subsidized disability transportation is undergoing a major policy transformation with significant economic implications. Motability has unveiled comprehensive plans to eliminate luxury...

China Removes Extreme Poverty; America Leaves Millions Behind

China’s elimination of extreme poverty in three decades stands as a global benchmark for social progress. The United States, however, has experienced rising extreme poverty....

US Chips Tariff Plan Stalls as Officials Warn of Inflation and China Blowback

Plans to impose sweeping semiconductor tariffs appear to be slowing as internal discussions highlight risks of inflation and geopolitical fallout. Industry partners were briefed that...

New Steel Plan: Can the UK Afford Green Steel AND Primary Steel?

The UK government is attempting to achieve two conflicting goals in its new steel strategy: a green transition to electric arc furnaces (EAFs) and...

Bostic, First Black Regional Fed President, Announces Retirement

Raphael W. Bostic, who broke barriers as the first African American and openly gay president of a regional Federal Reserve bank, is retiring. The...