U.S. consumers with strong credit histories are increasingly falling behind on their debt obligations, signaling a broader shift in the financial resilience of American households. While historically considered the least likely to default, individuals in the prime and superprime categories… Read More ›
Economy & Finance
Automakers grapple with multi-layered crises as industry faces transformation and global pressures
Western automakers are confronting an era of unprecedented complexity as the industry navigates overlapping economic, geopolitical, regulatory, and technological pressures. Executives increasingly describe the current environment as a “polycrisis,” a term used to characterize simultaneous, interconnected crises that amplify one… Read More ›
Transatlantic standoff deepens as Washington mulls punitive steps against enforcers of Europe’s digital rulebook
The Trump administration is weighing unprecedented punitive measures — including visa restrictions — against European Union and member-state officials involved in implementing the bloc’s Digital Services Act (DSA). The prospect of sanctions, still described in media reports as source-based information,… Read More ›
China Moves Toward Yuan-Backed Stablecoins to Strengthen Global Currency Role
China is taking steps toward embracing yuan-backed stablecoins, a move that marks a sharp departure from its traditionally cautious stance on digital assets. The potential approval of such instruments highlights Beijing’s broader ambition: to enhance the yuan’s role in the… Read More ›
Big Investors Shift Out of Tech as September’s Seasonal Downturn Looms
A growing chorus of big investors is quietly exiting technology holdings as September approaches—an ominous monthly stretch known for its historical weakness in markets. This strategic exodus stems from a convergence of factors: sky-high valuations in tech, scarce upside catalysts,… Read More ›
Peace Hopes from Trump-Zelenskyy Meeting Hammer European Defence Stocks
Hopes stirred by recent talks involving U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy — which markets read as a step toward de-escalation and a possible diplomatic path to end the war — have delivered an abrupt shock to… Read More ›
Indian Shrimpers Pivot to New Markets and Value-Addition to Blunt 50% U.S. Tariff
Faced with an effective 50% tariff on Indian goods bound for the United States, shrimp farmers along India’s southern coast are scrambling to protect livelihoods and preserve an industry that accounts for a large share of the country’s seafood exports…. Read More ›
U.S. retail sales rise in July as auto purchases and online promotions boost spending; cooling job market threatens future demand
U.S. retail sales posted a solid uptick in July, offering a short-term boost to the economy and easing some concerns that consumer momentum was evaporating. Yet beneath headline gains lie familiar vulnerabilities — a softer labor market, rising import-driven prices… Read More ›
U.S. Cancels India Trade Talks, Raising Stakes as Tariff Fight Deepens Amid Strategic Fallout
In a move that underscores the escalating tension between Washington and New Delhi, scheduled trade negotiations set for August in India have been abruptly canceled—with no official confirmation, though multiple sources report the postponement. The shift follows a sweeping expansion… Read More ›
Resilient Trade and Domestic Investment Drive Japan’s Surprise GDP Surge
Japan’s economy delivered a stronger-than-expected performance in the second quarter, expanding at a pace well above market forecasts and surprising many analysts who had anticipated a slowdown under the weight of new U.S. trade tariffs. The results mark the fifth… Read More ›