Economy

IRS releases 2026 tax updates under Revenue Procedure 2025‑32, covering more than 60 provisions

The IRS is rewriting the playbook for 2026, changing tax brackets … More…

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China restricts rare earth and tech exports

China’s Ministry of Commerce tightened the country’s rare earth … More…

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The S&P 500 closed at a record 6,753.72 and the Nasdaq hit 23,043.38 on Wednesday.

The S&P 500 shattered its own record on Wednesday, ending the … More…

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Russia raised oil output in September to 9.368 million barrels per day but still missed its OPEC+ target by 47,000 barrels

Russia turned the taps up in September, pumping out 9.368 million … More…

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EU auto industry rocked as bloc plans to cut steel import quotas, double tariffs

European auto stocks plunged sharply today after the European Commission… More…

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BoE raises sudden market correction warning as AI stocks reach dotcom bubble levels

The BoE has issued a fresh warning that soaring AI stock valuations… More…

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US dollar hits two-month high as weak growth in Europe and Asia hit G10 currencies

The dollar climbed near a two-month high on Wednesday, according … More…

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Modi and Putin reaffirm India, Russia ties over birthday call

India and Russia just flipped the bird to the U.S. yet again. Earlier… More…

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Canada trade slows down to $4.5 billion deficit in August, second-largest on record

Canada’s trade balance just fell off a cliff. In August, the country… More…

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WTO reverses April decline projections as 2025 goods trade forecast grows to 2.4%

The WTO has lifted its 2025 goods trade forecast to levels not seen … More…

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