Economy

Get the latest updates and expert analysis on the global economy, financial markets, and economic policies. From US debt challenges and China’s economic rise to trade dynamics and innovation-driven growth, stay informed about the forces shaping the world’s financial future.

Musk Blasts Trump’s Bill: “Disgusting Abomination”

On Tuesday, June 3, 2025, billionaire entrepreneur and CEO of Tesla and SpaceX, Elon Musk, launched a scathing public attack on what President Donald Trump has dubbed “The One, Big, Beautiful Bill.” Musk took to his social media platform, X (formerly Twitter), to express his profound disapproval, calling the legislative package a “disgusting abomination” and […]

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Nvidia’s Earnings Report: AI’s Impact on the Stock Market Today

Today, the financial world finds itself collectively holding its breath, all eyes glued to the imminent earnings report from semiconductor titan Nvidia (NVDA). The Santa Clara-based company, whose cutting-edge graphics processing units (GPUs) have become the undisputed engine of the artificial intelligence revolution, is scheduled to unveil its latest financial performance after the closing bell,

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From June to July: How Trump’s Tariff U-Turns Fuel Investor Anxiety

This week, the U.S. administration announced the imposition of a 25% tariff on imported smartphones, including Apple’s iconic iPhones. The move is part of a broader strategy to encourage domestic production and address trade imbalances, but it has sparked concerns about rising costs for consumers and tech companies alike. Apple CEO Tim Cook quickly responded,

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