In recent months, automakers around the world have faced an unsettling reality: the global automotive supply chain runs through Beijing. From the rare earth magnets that power electric vehicle (EV) motors to the lithium, cobalt, and graphite that feed battery factories, China exerts unprecedented...

In a move that has sent shockwaves through higher education and diplomatic circles, the White House on Wednesday issued a proclamation suspending for an initial six months the entry into the United States of foreign nationals intending to enroll or participate in exchange programs at Harvard...

The Gemological Institute of America (GIA), the biggest certification lab, announced that in 2025 it will cease grading lab-grown diamonds using the standards applied to natural diamonds. The growth of lab-created diamonds, which are significantly less valuable than natural gems due to more...

In April, the total amount of consumer loans issued in the eurozone rose by 1.9% compared to the same period last year, reaching €6.99 trillion, states the European Central Bank. The increase in the indicator's rate reached its highest point since May 2023. Analysts polled by Trading Economics...

International Data Corporation (IDC) has revised down its prediction for the growth of global smartphone shipments in 2025 to 0.6%, a decrease from the February estimate of 2.3%. IDC's press release indicated that high overall uncertainty, a volatile duty situation, and various macroeconomic...

U.S. consumers are pulling back on spending despite historically low unemployment and steady wage gains, driven by a mix of economic uncertainty, rising living costs, and concerns over future price pressures. April data showed only a modest increase in household outlays, with many Americans...

Despite escalating trade tensions and headline‐grabbing tariff threats, the global economy is experiencing a burst of activity often described as a “sugar rush”—a brief, calorie-rich boost from advance purchases and policy reprieves that propels growth beyond what many expected. Manufacturers have...

Fresh off a rally in Pennsylvania, where he lauded a major steel investment deal, President Donald Trump announced plans to double existing tariffs on imported steel and aluminum from 25% to 50%. The move, set to take effect in early June, is ostensibly designed to bolster domestic metal producers...

Germany’s newly formed coalition government has announced plans to introduce a 10% levy on the digital revenues of major online platforms operating within its borders, a move aimed squarely at industry leaders such as Google and Facebook. The tax, slated for implementation early next year, is...