News
US CPI Preview: Inflation Seen at 3.8% as Fed Eyes Sticky Core Prices
1+ hour, 57+ min ago (556+ words) Consumer inflation in the United States likely eased in June after reaching its highest level in more than two years, reflecting lower gasoline prices during a brief lull in Middle East tensions. Economists, however, expect underlying inflation to remain resilient,…...
Japan-Singapore Space Pact Could Unlock New Opportunities for Satellite, Launch and Space-Tech Firms
5+ day, 14+ hour ago (410+ words) The Japan Aerospace Exploration Agency (JAXA) and Singapore's National Space Agency (NSAS) signed their first bilateral Memorandum of Cooperation on July 6 during the Spacetide 2026 conference in Tokyo, marking a step toward deeper commercial collaboration between the two countries' growing space…...
How U.S. Debt Grew to $39 Trillion in 250 Years
1+ week, 3+ day ago (975+ words) As the United States celebrates 250 years of independence, it also marks another milestone that reflects the country's economic evolution: a national debt approaching $39 trillion, more than 550,000 times larger than the federal government's original $71 million obligation recorded in 1790, according to the…...
When Planets and Probability Align: Why Recession Warnings of 2026 Draw an Unlikely Parallel
1+ week, 4+ day ago (553+ words) Bengaluru-based astrology teacher Prof. Krish Murali Eswar, who teaches Krishnamurti Paddhati astrology and claims to have predicted a war in February this year, says that Rahu is expected to transit into the Dhanishta star sometime in August. According to him,…...
Yen Hits 40-Year Low Against the Dollar
2+ week, 2+ hour ago (541+ words) The Japanese yen fell to its weakest level against the U.S. dollar in 40 years on Tuesday, reviving expectations that Japanese authorities could intervene in the currency market as investors continued to bet on higher U.S. interest rates. The yen weakened to 162.41 per…...
Best High-Yield Savings Accounts Still Payinf Over 4% APY in J...
2+ week, 1+ day ago (443+ words) The Federal Reserve's decision to hold its benchmark federal funds rate at 4.50%-5.00% has helped stabilize HYSA rates after three rate cuts in 2025. While banks are no longer aggressively raising deposit rates, many online banks and credit unions continue to offer…...
US Jobless Claims Fall to 215,000
2+ week, 2+ day ago (585+ words) Initial applications for U.S. unemployment benefits fell to 215,000 for the week ending June 20, down 12,000 from the previous week's revised 227,000, according to the U.S. Department of Labor, despite inflationary pressure. The report also arrives at a critical moment. Investors increasingly expect the Federal…...
Hong Kong Exports Surge 41% in May 2026 Driven by AI Products, But Global Risks Loom
2+ week, 4+ day ago (556+ words) Hong Kong's merchandise exports extended their rapid growth in May 2026, climbing 40.8% year-on-year to HK$611.2 billion (US$77.95 billion), according to provisional figures released by the Census and Statistics Department on Thursday. It was the second consecutive month that export growth exceeded…...
Dollar Surges Past Key Resistance, Heads for Strongest Monthly Gain in Nearly a Year
2+ week, 4+ day ago (780+ words) The U.S. dollar extended its rally this week, pushing the Dollar Index (DXY) above a key technical resistance level and putting it on track for its strongest monthly gain in nearly a year as investors bet the Federal Reserve will keep…...
US Inflation Hits 3-Year High as Rising Gas Prices Complicate Fed Rate-Cut Outlook
2+ week, 4+ day ago (472+ words) U.S. consumer prices rose 4.2% in May from a year earlier, the highest reading since April 2023, as a surge in gasoline costs tied to the Iran war pushed inflation back above 4% for the first time in three years, the Bureau of Labor…...