The oil market felt the tremor before the words fully landed. On Wednesday, prices sank more than $2 a barrel after the Organization of the Petroleum Exporting Countries (OPEC) forecast that global oil supply will match demand by 2026, signaling a new equilibrium…
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The air in Niagara Falls carried more than mist this week. On the sidelines of the Group of Seven foreign ministers’ meeting in Canada, Brazilian Foreign Minister Mauro Vieira and U.S. Secretary of State Marco Rubio quietly convened to take stock of trade negotiations…
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Europe’s trade policy debate has found new urgency in Rome. On Wednesday, Italian Economy Minister Giancarlo Giorgetti called on the European Union to bring forward a planned levy on low-value e-commerce imports, urging that the measure be implemented by 2026, two years earlier…
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The U.S. Federal Reserve is expected to deliver another interest rate cut in December, extending its effort to stabilize a slowing economy under the strain of a weakened labor market and a historic government shutdown that has clouded official data.…
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Amazon.com, the second-largest private employer in the United States, is facing fresh scrutiny after being accused of punishing warehouse employees who request accommodations for disabilities. A proposed class-action lawsuit filed in New York on Wednesday alleges that the company’s attendance…
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Wall Street’s momentum turned mixed on Wednesday, with the Dow Jones Industrial Average closing at a record high even as the Nasdaq slipped, revealing a rotation out of technology and into sectors more grounded in the real economy. Investors appeared to take confidence…
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India’s capital was still reeling on Wednesday as the government confirmed that the car explosion near Delhi’s Red Fort was a “terror incident.” The attack, which killed eight people and injured at least twenty more, marks the city’s first major blast in…
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A quiet revolution is forming beneath the hum of servers. As the world’s data centers multiply to meet the hunger of artificial intelligence, they are triggering something far more fundamental — a global surge in energy storage. According to a…
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In Newark’s Ironbound district, the hum of commerce has quieted. At Rosa Ludena’s small electronics store, shelves of phone cases hang untouched while foot traffic dwindles. For Ludena — a U.S. citizen who emigrated from Ecuador — the reason is…
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General Motors has quietly begun a sweeping reorganization of its global supply network — instructing thousands of suppliers to eliminate parts sourced from China within the next two years. The move marks one of the most ambitious corporate responses yet…
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