Judge Approves $38 Billion Settlement for Card Swipe Fees

A federal judge has granted preliminary approval for a settlement between Visa, Mastercard, and merchants regarding…

Trump Frames CLARITY Act as AI Race Against China

On Monday, President Donald Trump urged the U.S. Senate to pass the CLARITY Act, framing it…

Korea Drives Semiconductor Stocks Lower Amid Earnings

Semiconductor stocks fell on Wednesday, driven by concerns over South Korea's export restrictions on key materials.…

Iran Directs Houthis to Prepare for Red Sea Shipping Attacks

Iran has instructed Yemen's Houthi movement to prepare for potential attacks on shipping in the Red…

US approves nearly $2bn arms sale to Saudi Arabia

The U.S. Department of State has approved a potential $1.96 billion weapons sale to Saudi Arabia,…

Armenia’s Election Strengthens Trade Routes, Weakens Russia

Armenia's parliamentary election results in June have significantly weakened Russia's influence in the South Caucasus, according…

Decoupling from China could cost U.S. $14 trillion, EY warns

A new analysis from EY-Parthenon estimates that the cost for the U.S., Eurozone, and UK to…

US gas prices near $4 as diesel tops $5 amid Iran conflict

US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…

Pending US home sales drop 5.4% in June amid affordability

Contracts to purchase previously owned U.S. homes fell 5.4% in June, according to the National Association…

Iran Warns of Bab el-Mandeb Closure Amid Rising Tensions

Iran's recent warning regarding the Bab el-Mandeb Strait has raised concerns about potential maritime disruptions. The…