Jeff Bezos, the founder of Amazon and Blue Origin (ranked No. 4 on the Forbes Global Billionaires list with a net worth of $272.3 billion as of May 21, per Forbes Real-Time Billionaires), stated in a CNBC interview that income taxes ought to be abolished for the bottom half of Americans. Bezos...

Europe’s banking sector is rapidly consolidating around a new digital currency initiative after a consortium planning to launch a euro-pegged stablecoin attracted 25 additional financial institutions, highlighting a broader strategic effort to strengthen Europe’s role in the evolving architecture...

Average mortgage rates in Germany have increased by around 30 basis points since the onset of conflict in Iran, applying strain to the real estate market in Europe's largest economy. The country's 10-year mortgage rate is currently about 3.6% annually, as stated by mortgage broker Dr. Klein....

In March 2026, India bought 1.634 million tonnes of liquefied natural gas (LNG), a decrease of 10% compared to March 2025's 1.809 million tonnes, as reported by the Ministry of Commerce and Industry. This marks the least amount of activity in three years, dating back to February 2023. India has...

China’s economic recovery lost momentum in April as industrial activity, retail consumption and investment growth weakened more sharply than expected, raising fresh concerns about the durability of the country’s post-pandemic recovery and the growing strain created by fragile domestic demand,...

China’s reported agreement to address American concerns over shortages of critical rare earth materials has highlighted the growing strategic importance of mineral supply chains within the broader economic and geopolitical rivalry between China and the United States. According to a White House...

Global investors are increasingly warning that financial markets may be underestimating the long-term risks posed by rising inflation, higher energy prices, and climbing government bond yields, even as enthusiasm surrounding artificial intelligence and strong corporate earnings continues to push...

Currency investors are once again turning aggressively toward carry trades as widening interest-rate differences among major developed economies revive one of the most closely watched strategies in global foreign-exchange markets. The renewed popularity of these trades reflects a combination of...

The global oil refining industry is experiencing one of its most severe disruptions in years as conflicts linked to Iran and Ukraine continue damaging facilities, interrupting crude flows and tightening fuel markets across multiple regions. What initially appeared to be isolated geopolitical shocks...