The driving force behind Donald Trump’s new 10% credit card rate cap is a staggering statistic: $1.17 trillion in national credit card debt. Trump cited the record debt …
Business
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American oil giants are responding with notable caution to President Trump’s claims that they’re ready to invest billions in Venezuela’s oil sector. The conspicuous gap between Trump’s confident …
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The world’s energy markets concluded 2025 with their most dramatic annual decline since the coronavirus pandemic, recording losses approaching 20%. The oil industry now confronts an extraordinary situation: …
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Prices for copper have surged more than 35% this year in the metal’s strongest annual performance since the aftermath of the 2008 financial crisis, driven by mounting concerns …
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Major American defense manufacturers confront comprehensive Chinese sanctions after the Trump administration approved the largest weapons sale to Taiwan in bilateral history. China’s foreign ministry announced punitive measures …
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Beijing has announced provisional anti-subsidy tariffs of 21.9% to 42.7% on European Union dairy products starting Tuesday. Most affected companies will face duties around 30%. The European Commission …
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British manufacturers requiring new monitoring equipment or system implementations to comply with carbon documentation requirements face the additional challenge of making these purchases and installations during the year-end …
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The construction sector, often the canary in the coal mine for the UK economy, has welcomed the Bank of England’s rate cut to 3.75% with cautious optimism. High …
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The landscape of smartphone manufacturing is poised for a dramatic transformation as the industry leader prepares to radically alter its product strategy over the next few years. In …
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The social media landscape is shifting with Disney character AI videos through a $1 billion investment and OpenAI partnership. The three-year licensing deal grants Sora access to over …