Analysts forecast that the earnings of major German firms will increase more rapidly than those of US firms next year, driven by the stimulus efforts of the German government. Profits for firms in the DAX stock index are projected to increase by 13-15% in the latter half of this year and continuing...

The United States and China will reconvene in London on Monday, June 9, for high-stakes economic talks aimed at extending a 90-day tariff truce and tackling deeper structural disputes that have roiled global markets since early 2018. Coming just days after Presidents Donald Trump and Xi Jinping...

The European Central Bank is approaching the conclusion of its monetary easing phase after yet another rate reduction, announced ECB president Christine Lagarde at a press conference after the June meeting. On Thursday, the ECB lowered all three main interest rates by 25 basis points as...

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...