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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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Amazon Engineers Say AI Is Pressuring Them to Work Harder and Faster

Staff Reporter Software engineers at Amazon report that artificial intelligence is changing their work dynamic—not...

Japan’s Super-Long Bond Yields Hit Record Highs Amid Fiscal Concerns

Staff Reporter Yields on long-dated Japanese government bonds reached all-time highs on Wednesday, following a...

One in Ten Britons Have No Savings, FCA Reports

Staff Reporter A recent report from the UK’s Financial Conduct Authority (FCA) reveals that one...

WSJ: Apple Aims to Raise iPhone Prices Without Blaming Tariffs

  Staff Reporter Apple is reportedly looking at raising prices for its upcoming iPhone lineup this...

Shareholder Lawsuit Claims UnitedHealth Hid Profit Impact from CEO Brian Thompson’s Death

  Staff Reporter UnitedHealth Group faced a lawsuit on Wednesday, accused of concealing the financial fallout...

Musk, Fink, Zuckerberg Headed to Saudi Arabia for ‘MAGA in the Desert’ Conference to Boost U.S. Investment

  Staff Reporter Some of the most influential business leaders in the United States are set...

OpenAI Cancels For-Profit Transition After Regulatory and Public Backlash

Staff Reporter OpenAI has decided to scrap its plan to fully transition to a for-profit...

OPEC+ to Accelerate Oil Output Increases

Staff Reporter OPEC+ is set to speed up its oil output increases and may fully...

DOGE Savings Hit $160 Billion as Wasteful Contracts Get Cut

  Staff Reporter The Department of Government Efficiency (DOGE) has announced a significant milestone, with taxpayer...

Trump Tells Alabama Graduates: Use Your Business Skills to Strengthen America, Not Just Build Portfolios

Staff Reporter Your future is in your hands. Work hard, never give up, and strive...

Trump’s Budget Proposes $3.2 Billion for World Bank Fund Aimed at Poorest Nations

Staff Reporter On Friday, President Donald Trump urged Congress to approve $3.2 billion in contributions...

Survey: 40% of Tesla Owners Experience Vandalism Amid Soaring Insurance Costs

  Staff Reporter A recent survey indicates that over 40% of Tesla owners have faced vandalism...

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The World’s Biggest Gold Mines

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