Spirit Airlines has filed for Chapter 11 bankruptcy protection for the second time in less than a year, a move…
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U.S. Political Moves Draw Emerging-Market Comparisons: Central Bank Independence at Risk
August 29, 2025 — Concerns are mounting in financial circles as growing political pressure on the U.S. Federal Reserve draws…
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Weak Consumer Demand Undermines China’s Big Five Banks
Beijing, August 29, 2025 — China’s five largest state-owned banks are bracing for a likely decline in profitability this quarter,…
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Global Markets Steady as Investors Await Key U.S. Inflation Data
August 29, 2025 — Global markets paused for direction on Friday as investors weighed the impact of recent Wall Street…
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U.S. Inflation Steady in July, Core Prices Edge Higher
Washington, August 29, 2025 — New data shows U.S. inflation held mostly steady in July, offering a mixed picture for…
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Trump’s Attempt to Remove Fed Governor Lisa Cook Sparks Legal Firestorm
Washington, August 29, 2025 — A major clash is unfolding in Washington as former President Donald Trump’s decision to remove…
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FDA Revokes Emergency Use Authorizations for COVID-19 Vaccines
The U.S. Food and Drug Administration (FDA) has officially rescinded the Emergency Use Authorizations (EUAs) for COVID-19 vaccines, marking a…
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Newsom Slams Trump’s Intel Deal, Calls It “Sickening”
California Governor Gavin Newsom sharply criticized former President Donald Trump’s recent intelligence deal, describing it as “sickening to the core”…
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Powerball Jackpot Soars to $950 Million After No Winner on Wednesday
August 28, 2025 — The Powerball jackpot has surged to an estimated $950 million, one of the largest prizes in…
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Nvidia Earnings Surge Past Expectations, But Stock Slips on China Concerns
August 28, 2025 — Nvidia once again posted blockbuster results in the second quarter, but investor reaction was less enthusiastic…
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