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Supreme Court weighs Trump’s bid to curb Federal Reserve independence in a landmark constitutional clash
15 December 2025 Federal Reserve Board Governor Lisa Cook speaks on "The Outlook for the Economy and Monetary Policy" at the Brookings Institution in Washington, D.C., U.S., November 3, 2025. REUTERS/Kevin Lamarque A looming dispute over the independence of the United States Federal Reserve has thrust the Supreme Court into the heart of a constitutional and political battle that could reshape the balance of power between the presidency and the nation’s central bank, with far-
2 days ago4 min read


SpaceX insider share sale implies an $800 billion valuation as the company readies a blockbuster IPO
13 December 2025 SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration Space Exploration Technologies Corp, better known as SpaceX, has once again captured the attention of global investors and financial markets by authorizing an insider share sale that places a preliminary valuation of approximately $800 billion on the company as it prepares for a potential initial public offering in 2026, according to mu
4 days ago4 min read


Copper prices are surging toward $12,000 per ton as demand from AI infrastructure and energy projects explodes
13 December 2025 Copper, long prized for its unmatched electrical conductivity and versatility, is experiencing one of the most dramatic price rallies in its history as 2025 draws to a close. The industrial metal, essential for everything from electric vehicles to renewable energy grids and the sprawling data centres that power artificial intelligence, has climbed about 35 percent this year toward the psychologically significant mark of $12,000 per metric ton. This year’s gai
5 days ago4 min read


Even as inflation is expected to ease, the affordability debate continues to dominate the U.S.
12 December 2025 As 2025 winds down, Americans and policymakers find themselves grappling with a paradox that is at once hopeful and politically fraught: the latest forecasts suggest that inflation in the United States may slow in the year ahead, yet many people remain deeply concerned about the everyday cost of living and affordability issues that stubbornly linger across major household expenses. This dynamic, outlined in a Reuters report on December 12, highlights how econ
6 days ago4 min read


US labor costs growth slows sharply in third quarter of 2025
10 December 2025 A construction worker is shown at work on a multi-unit residential housing project in Encinitas, California, U.S., July 28, 2025. REUTERS/Mike Blake New data released on December 10, 2025 show that the growth in labor costs across the United States has cooled, underscoring emerging softness in the labor market and adding fresh context to shifting economic pressures. The broadest gauge of labor costs, the Employment Cost Index (ECI), rose just 0.8 percent in t
7 days ago3 min read


US regulators clear banks to act as intermediaries in cryptocurrency transactions
09 December 2025 Banks in the United States have now been given the green light to serve as intermediaries in cryptocurrency transactions, a major shift in regulation that could reshape how digital assets flow through traditional finance. The Office of the Comptroller of the Currency announced guidance on December 9, 2025 allowing banks to engage in what are called “riskless principal” crypto transactions meaning banks can buy crypto from one counterparty and simultaneously s
Dec 92 min read


Paramount Skydance Throws Down $108.4 Billion Bid for Warner Bros. Discovery in Hostile Takeover Attempt
08 December 2025 In a dramatic new twist to one of the most closely watched bidding wars in Hollywood history, Paramount Skydance launched a hostile all-cash bid for Warner Bros. Discovery worth approximately $108.4 billion. The offer arrives just days after a competing deal saw Netflix win initial approval to acquire key Warner Bros studios and streaming assets, a $72 billion agreement that many assumed would end the bidding process. Paramount’s proposal stands at $30 per sh
Dec 82 min read


Elon Musk Pushes Back as Reports Claim SpaceX Is Worth $800 Billion
07 December 2025 When headlines flashed that SpaceX might be raising funds at an $800 billion valuation, expectations surged but Elon Musk quickly stepped forward to set the record straight, calling the claims inaccurate and reaffirming that the company has been sustainably cash-flow positive for years. The valuation spike stemmed from reports that SpaceX was nearing a secondary share sale and considering a public offering as early as 2026. Those projections would have placed
Dec 72 min read


Netflix’s Takeover of Warner Bros Signals New Era for Media Powerhouses
06 December 2025 The media world is watching closely this week as Netflix agreed to acquire Warner Bros Discovery’s studios and streaming business including names like HBO Max, DC Studios and the vast Warner film and television library in a deal valued at about $72 billion. What was once speculation is now set to reshape Hollywood, streaming and how content is created, distributed and consumed globally. Netflix’s bid emerged victorious after a heated auction following Warner
Dec 63 min read


AI-Debt Storm Tests Credit Markets as Investors Draw Lines Between Safe and Risky Borrowers
05 December 2025 A growing wave of borrowing by tech giants and upstart AI firms is reshaping credit markets but it is also revealing sharp divergences in investor sentiment between high-rated borrowers and riskier issuers. According to a recent analysis from Goldman Sachs, the surge in bonds tied to artificial intelligence projects is being absorbed very differently in investment-grade and high-yield corners of the market. In 2025, as big tech companies rushed to build out d
Dec 53 min read


Rising Competition Cuts Into Tesla’s November Sales in the UK
04 December 2025 People walk past Tesla electric vehicles (EV) at the carmaker's delivery centre in Beijing, China January 8, 2025. REUTERS/Florence Lo/File Photo In November 2025, Tesla saw a sharp drop in UK car registrations, delivering a sobering reality check for the electric-vehicle maker’s dominance in Europe. According to preliminary data from research group New AutoMotive, registrations fell 19 percent year-on-year slipping to 3,784 cars from 4,680 in the same month
Dec 42 min read


U.S. Service Sector Holds Firm, But Growth Signals Blur in November
03 December 2025 In November 2025, the backbone of the U.S. economy, the services sector managed to hold its ground even as signs emerged of a growing slowdown, revealing a mixed economic picture for businesses and policymakers alike. According to the Institute for Supply Management (ISM), the non-manufacturing Purchasing Managers’ Index (PMI) nudged up slightly to 52.6 from 52.4 in October. That modest lift beat many analysts’ expectations and confirmed that the services sec
Dec 33 min read


China’s Service Sector Stumbles as Expansion Hits Soft Patch in November
02 December 2025 The engines of China’s service economy sputtered in November as the private-sector services index dipped to its weakest growth in five months. The RatingDog China General Services PMI, produced by S&P Global, fell to 52.1 from 52.6 in October still above the 50 threshold that separates expansion from contraction, but signaling a clear loss of steam. Earlier data from the government’s own index painted a darker picture. The official services PMI registered 49.
Dec 22 min read


Manufacturing Grit Tested as U.S. Factories Shrink for Ninth Straight Month
01 December 2025 The engines of American industry sputtered again in November 2025, as the latest data revealed a ninth consecutive month of contraction in the manufacturing sector. According to the Institute for Supply Management (ISM), its key index for factory activity, the Purchasing Managers’ Index (PMI) slid to 48.2 from October’s 48.7. That drop offers a stark reminder that the headwinds facing U.S. factories remain both deep and persistent. A PMI reading below 50 sign
Dec 13 min read


Coupang’s Massive Data Leak Exposes 33.7 Million Customers
30 November 2025 Coupang logo is seen in this illustration taken February 11, 2025. REUTERS/Dado Ruvic/Illustration The online marketplace Coupang widely regarded as South Korea’s answer to Amazon has issued a public apology after revealing that data tied to 33.7 million customer accounts was exposed in what is now being described as one of the worst security failures in the country’s e-commerce history. In a sober statement shared on November 30, 2025, CEO Park Dae-jun ackno
Nov 303 min read


Black Friday 2025 became a full blown online shopping spectacle with the help of AI
29 November 2025 The 2025 Black Friday shopping frenzy rewrote records. According to Adobe Analytics, U.S. shoppers spent a staggering $11.8 billion online, a 9.1 percent jump from the previous year. This surge came amid a fraught economic backdrop. With unemployment near a four-year high and consumer confidence at a seven-month low, many Americans entered the holiday season tightening their belts and scrutinizing each purchase. Still, the lure of discounts and the convenienc
Nov 292 min read


Hong Kong’s Deadliest Blaze in Decades Erupts at Building With Long-Standing Safety Warnings
28 November 2025 A man reacts, as smoke rises while flames engulf bamboo scaffolding across multiple buildings at Wang Fuk Court housing estate, in Tai Po, Hong Kong on November 26, 2025. Tyrone Siu/Reuters) A catastrophic fire broke out on November 26, 2025, at Wang Fuk Court, a high-rise residential estate in Tai Po, Hong Kong, killing at least 128 people and leaving around 200 more unaccounted for after blazing through scaffolding-covered towers and engulfing multiple buil
Nov 283 min read


JPMorgan Chase Plans £3 Billion Global Headquarters Tower in London’s Canary Wharf
27 November 2025 Tourists gather at the General Wolfe Statue viewpoint overlooking Canary Wharf, in Greenwich Park, London, Britain, September 30, 2025. REUTERS/Corey Rudy/File Photo In a landmark decision, JPMorgan Chase announced on November 27, 2025 that it will build a massive new headquarters tower at the Riverside site in Canary Wharf, east London. The planned 3-million-square-foot building is set to become the bank’s largest office outside the United States, accommodat
Nov 273 min read


AI Is Rewriting the Rules of Online Shopping for U.S. Retailers
26 November 2025 As artificial intelligence gains traction, American retailers are racing not just to chase consumers but to be discovered by AI. As chatbots and generative-AI assistants increasingly influence how people shop, retailers are shifting their digital strategy from obvious ads and search to building content that these AI systems can surface and recommend. Despite most holiday-season spending still flowing through traditional website visits and search ads, platform
Nov 263 min read


Alphabet races toward $4 trillion valuation as AI-driven rally surges
25 November 2025 Alphabet, the parent company of Google, is on track to join the elite few corporations ever to cross a $4 trillion market-cap milestone as its shares climbed sharply this week. Trading surged after a 4.1 percent jump in pre-market trading pushed Alphabet’s share price to about $331.70, driving an equity rally that has persisted throughout 2025 and positioning the company to surpass the $4 trillion threshold at market open. At the root of this surge is renewed
Nov 252 min read
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