US Secretary of Treasury Scott Bessent addresses the Economic Club of New York on March 6, 2025. Charly Triballeau | Afp | Getty Images The 10-year U.S. Treasury note yield was little changed on Friday after the latest retail sales figures missed expectations and the U.S. said its naval blockade of Iranian ports could continue…
One specialist arbitrage trade on a metal commodity is evolving into a real-time gauge of U.S. tariff risk. Copper — seen as a broader economic barometer, with the industrial metal a key component in construction, electronics and transportation — has been on a tear for more than a year, with futures reaching a record high…
Nigel Farage (C), leader of the Reform UK party, celebrates the victory of Sarah Pochin, the party’s candidate, in the Runcorn & Helsby by-election at the DCBL Stadium in Widnes, north-west England, in the early hours of May 2, 2025. Oli Scarff | Afp | Getty Images Nigel Farage, leader of Britain’s right-wing Reform UK…
Treasury Secretary Scott Bessent speaking with CNBC on Aug. 4th, 2026. CNBC The U.S. will be applying economic measures “that have never been seen on Iran,” according to Treasury Secretary Scott Bessent. “It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of…
Backed by Uber and powered by Chinese company Pony.ai, Croatia’s Verne has rolled out robotaxi services in the capital city Zagreb since spring 2026. Marko Perkov | Afp | Getty Images BEIJING — U.S. ride-hailing giant Uber is ramping up its global robotaxi coverage with operator Pony.ai. The companies plan to deploy 2,000 of Pony.ai’s…
U.S. President Donald Trump departs after a Cabinet meeting at Camp David in Thurmont, Maryland, U.S., July 31, 2026. Nathan Howard | Reuters A federal trade court on Thursday upheld President Donald Trump‘s elimination of the “de minimis” exemption, which allowed goods valued under $800 to be imported to the U.S. tax free. Trump, a…
POWER POINT What I’m hearing from energy insiders What a difference a week makes. Since we last published Power Insider, U.S. crude oil dropped nearly $10 dollars per barrel before clawing back some of those declines. In the months since the Iran war began, oil has shifted 40% top-to-recent-bottom. Zoom In IconArrows pointing outwards The…
The ‘Al-Riqqa’ oil tanker (L) and ‘Al-Yarmouk’ oil tankers sail in the Arabian Gulf waters, off the coast of Kuwait City on June 27, 2026. Yasser Al-zayyat | Afp | Getty Images Oil prices fell Thursday as investors weighed waning global demand against the ongoing supply disruption in the Middle East. U.S. West Texas Intermediate…
In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world’s leading maker of high-bandwidth computer memory is investing $720 billion on what it says will be the largest network of memory factories in the world. SK Hynix, whose market cap has jumped more than fivefold in the past year…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s Gujarat International Finance Tec-City, also known as GIFT City, aspires to be what Hong Kong is to mainland China, or what Dubai International…
