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Global Economic News

The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and ongoing purchases by central banks. This month, the price of gold climbed nearly 60% this year, surpassing the $4,000-per-ounce mark (average closing price from October 1 to 27) before stabilizing...

Spain’s Gas Demand Soars Following Major Blackout

Spain has seen a dramatic increase in gas demand for electricity generation, rising by nearly 37% from January to September. This surge comes as the country turned to more gas-fired power to stabilize the grid after Europe’s most significant blackout in modern history. In late...

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Morgan Stanley Remains Optimistic on U.S. Stocks

Morgan Stanley reaffirmed its optimistic outlook on U.S. equities on Monday, pointing to robust...

Germany, Netherlands, Sweden Reject EU Common Borrowing

  By Agencies Germany, the Netherlands, and Sweden have voiced strong opposition to joint borrowing within...

Von der Leyen Proposes EU Budget Increase to €2 Trillion

  By Agencies The European Commission unveiled a proposal on Wednesday for a €2 trillion ($2.31...

Trump Considers Bessent for Fed Chair, Praises Treasury Role

U.S. President Donald Trump indicated on Tuesday that Treasury Secretary Scott Bessent could be...

J.P. Morgan: Generative AI Expected to Boost Workload by Over 55%

  J.P. Morgan projects that generative AI will need to enhance IT services workloads by...

Jamie Dimon Critiques ‘Marxist’ Zohran Mamdani and DEI Push: ‘Big Hearts and Little Brains’

  JPMorgan Chase CEO Jamie Dimon has taken aim at Zohran Mamdani, labeling him “more...

OPEC Forecasts Significant Oil Demand Growth by 2050

The Organization of the Petroleum Exporting Countries (OPEC) released an updated forecast on Thursday,...

AI Gold Rush: Nvidia Becomes First Company to Reach $4 Trillion Market Cap

Nvidia has made headlines as the first company to achieve a $4 trillion market...

South Korea’s Parliament Approves 31.8 Trillion Won Extra Budget to Boost Economy

  On Friday, South Korea's parliament greenlit a supplementary budget of 31.8 trillion won (approximately...

Green Charade: Google’s Carbon Emissions Surge 51% Since 2019 Amid AI Expansion

  Google’s carbon emissions have surged by a staggering 51% since 2019, driven by the...

Senate’s Big Beautiful Bill Proposes Full Expensing for U.S. Factories and Energy Projects Through 2026

The Senate's version of the One Big Beautiful Bill features a temporary tax break...

Millionaires on the Move: UK Faces Historic Wealth Exodus as Global Migration Peaks

This year, a record 142,000 millionaires are expected to relocate internationally, with the UK...

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Why Insurance and Investing Should Stay Separate

The pitch sounds enticing: get lifelong insurance protection while building wealth in a single...

Seeking Moral Direction in the Dark

In a church bulletin I once read, there was a piece of advice that...

Investing in a World That’s Tired of Progress

  As we navigate a world that feels increasingly unsteady, it's crucial to consider how...

The World’s Biggest Gold Mines

  Gold prices have surged to record highs, driven by geopolitical tensions, economic uncertainty, and...