U.S. Government Debt Passes $40 Trillion, More Than Doubling in a Decade
The U.S. government’s debt has crossed the $40 trillion mark, reaching $40.05 trillion on Tuesday. That’s more than double the $19.4 trillion recorded a...
Trump Threatens Escalation as Iran Ceasefire Expires
President Donald Trump said the U.S. will not extend its 60-day ceasefire with Iran, raising fresh concerns that tensions in the region could escalate....
25 States Sue Trump Over New Global Tariffs
A group of 25 Democratic-led states has sued the Trump administration over its latest round of tariffs, arguing that the president went beyond his...
Berkshire Earnings Rise as Abel Starts Putting Cash to Work
Berkshire Hathaway had a stronger second quarter, with operating earnings rising 16% to $12.98 billion as its energy, railroad and manufacturing businesses delivered solid...
Trump Renews Push to Limit Birthright Citizenship
President Donald Trump has signed two new executive orders aimed at restricting birthright citizenship, reviving an effort that was recently blocked by the U.S....
U.S. Pledges Full Support for Japan Following Joint Yen Intervention
U.S. Treasury Secretary Scott Bessent said Washington will do "whatever it takes" to help Japan stabilize the yen after the two countries jointly intervened...
Migrants Return to Morocco After Hopes of Reaching Europe Fade
Many migrants who crossed into Spain's North African enclave of Ceuta this week have started returning to Morocco, saying hunger, exhaustion and poor conditions...
Europe’s Long-Range Strike Solutions Showcased at Eurosatory 2026
The Eurosatory defence expo in Villepinte, France has long been known for impressive displays of the latest tanks, but the 2026 edition showcased unmanned...
Protecting the Caspian Pipeline Consortium Matters to the Global Economy
Global attention has understandably focused on the Strait of Hormuz and the escalating conflict in the Middle East. Roughly one-fifth of global oil supply...
Nike’s China Sales Keep Falling as Local Brands Win Over Shoppers
Nike continues to lose ground in China even as the country's sportswear market grows. The company has reported eight straight quarters of declining sales...
EDITOR'S PICK OF THE WEEK
China’s Challenging Search for a New Model of Economic Growth
By Danny Leipziger
China cannot continue to rely on exports to drive its growth, but what are the alternatives?
China ran a $1.2 trillion trade surplus last year, and despite admonitions from the IMF to rely...
