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Global Economic News

AI Data Center Boom Fuels Demand for Natural Gas

Staff Reporter UBS forecasts that the surge in AI data center construction, which began during the Trump administration, will provide significant economic momentum for the U.S. starting in 2026. In a recent discussion, an asset manager involved in a major data center project in Texas described...

Analyst Suggests Aggressive ECB Easing May Be Imminent

Staff Reporter The European Central Bank (ECB) could be gearing up for more aggressive easing measures, according to Validus Risk Management. Analysts are concerned about trade disruptions and slowing economic growth as policymakers deliberate their next steps. “Sluggish economic growth, coupled with ongoing EU-US trade tensions, may...

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Trump Media, Owner of Truth Social, Becomes First Company Listed on NYSE Texas

Staff Reporter Trump Media & Technology Group announced on Monday that it has become the...

Elon Musk Sells X to xAI for $33 Billion in All-Stock Transaction

Staff Reporter Elon Musk has officially sold the social media platform X to his artificial...

U.S. Homebuilders Confront Slow Spring Selling Season Amid High Mortgage Rates and Tariff Concerns

Staff Reporter U.S. homebuilders are facing a challenging start to the spring selling season as...

Gold Reaches Record High Amid Growing Trade War Concerns

Staff Reporter Gold prices soared to a record high as investor concerns over an escalating...

Venezuela’s Currency Plummets as Trump Tariffs Hit Oil Sales

Staff Reporter Venezuelans are flocking to buy dollars, causing the local currency to crash to...

Nearly Half of Japanese CEOs Plan U.S. Investment Increases Despite Trump’s Tariffs

Staff Reporter Almost half of Japanese CEOs are gearing up to invest more in the...

Vietnam Moves to Avoid US Tariffs with Swift Tax Cut Proposal

Staff Reporter Vietnam's finance ministry has proposed cutting preferential import tariffs on various products, including...

Trump Administration Ends Taxpayer-Funded Housing Programs for Unauthorized Immigrants

Staff Reporter The Trump administration is moving to end taxpayer-funded housing benefits for unauthorized immigrants. “American...

Trump Announces 25% Tariff on Countries Purchasing Venezuelan Oil

Staff Reporter President Donald Trump announced on Monday that a 25% tariff will be imposed...

Hyundai Plans Multi-Billion Dollar Investment in U.S. Manufacturing Expansion

Hyundai Motor Company has made headlines with its ambitious plan to invest $20 billion...

UAE commits to $1.4 trillion investment framework in US, White House says

Staff Reporter The United Arab Emirates has announced a substantial commitment to a 10-year investment...

FedEx Reports Economic Uncertainty Hitting Parcel and Freight Demand

Staff Reporter FedEx Corp. shares dropped over 5% in after-hours trading on Thursday after the...

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AI Data Center Boom Fuels Demand for Natural Gas

Staff Reporter UBS forecasts that the surge in AI data center construction, which began during...