Business

Credit Crunch Fears Rise After Trump’s 10% Rate Announcement

Fears of a looming credit crunch are rising on Wall Street following Donald Trump’s announcement of a 10% cap on credit card interest rates. The policy, revealed on Truth Social with a January 20 start date, has spooked investors and bankers alike. Trump’s goal is to lower costs for consumers, but experts warn that the unintended consequence could be a massive contraction in lending. The...

Corporate Noncommitment Follows Trump’s Venezuela Oil Announcement

Major American oil companies have responded with conspicuous silence to President Trump's declaration that they're prepared to invest billions in Venezuela's oil infrastructure. The disconnect between Trump's confident public assertions and the noncommittal corporate responses raises questions about how firmly these investment plans have been established. Trump outlined a sweeping vision where American oil giants would enter Venezuela to modernize its vast reserves, repair deteriorated...

Crude Sector Experiences Worst Performance Since COVID

The world's oil markets have suffered their worst annual performance since the coronavirus pandemic disrupted global commerce, with prices dropping approximately 20% throughout 2025....

Climate Investment Flows Channel Capital Toward Copper Assets

Copper markets are concluding an exceptional year with gains exceeding 35%, marking the strongest annual performance in more than fifteen years as climate investment...

Trump’s $10 Billion Taiwan Package Draws Chinese Sanctions on Defense Firms

China has imposed strict sanctions on prominent American defense manufacturers following President Trump's approval of the largest-ever arms sale to Taiwan. The Chinese foreign...

European Brandy and Pork Previously Targeted in China’s Trade Retaliation Campaign

Chinese authorities have announced provisional tariffs of up to 42.7% on certain European Union dairy imports following an anti-subsidy investigation. The measures, effective Tuesday,...

UK Decarbonization Efforts May Reduce Tax Liability But Not Documentation Requirements

Britain's progress on decarbonization may minimize eventual carbon tax liabilities under the European Union's carbon border adjustment mechanism, but offers no reduction in comprehensive...

“Upside Risks Have Receded”: The Technical Phrase That Signals a Turning Point for UK Economy

Buried in the technical minutes of the Bank of England's meeting was a phrase that signals a massive shift in outlook: "upside risks to...

Carrier Partnerships Navigate Complicated Device Portfolio

Telecommunications carriers who bundle iPhones with service plans must adapt their strategies to accommodate seven models with varying price points and target demographics. Subsidy...

Disney Partnership Validates OpenAI’s Entertainment Technology

A Disney partnership is validating OpenAI's entertainment technology through a $1 billion investment and character licensing agreement. The deal grants Sora access to over...

Life-Saving Gambling Support Hangs in Balance as Government Delays Funds

The vital support system for people recovering from gambling harm is facing collapse, as charities report critical delays in the distribution of new, mandatory...

Meta’s Power Play: Securing Apple’s Design Mastermind Alan Dye

Meta has made a significant power play by securing Alan Dye, a design mastermind from Apple. Dye will join Meta on December 31st after...

Consensus Building Progresses as Trade Teams Prepare Next Round

A significant development in US-India trade relations will unfold next week when a Trump administration delegation led by Deputy US Trade Representative Rick Switzer...

Approximately 70 Drugs Currently Approved Annually by Cost-Effectiveness Watchdog

A pharmaceutical pricing accord between Britain and the United States will require the National Health Service to spend 25% more on innovative medicines by...