Houston-based Avelo Airlines faces backlash for deportation flights | Aviation
Avelo Airlines, a struggling, Houston, Texas-based budget carrier, has faced weeks of backlash after taking a contract with the United States government to use its…
‘Tidal wave’: How 75 nations face Chinese debt crisis in 2025 | Business and Economy News
Many of the world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade ago, at the…
How has Bitcoin performed since Trump took office? | Crypto News
The world’s largest Bitcoin conference is taking place in Las Vegas, Nevada from May 27-29. This year’s event includes several speakers from US President Donald…
US judge temporarily bars Trump admin from ending NYC congestion pricing | Transport News
The ruling comes as US Secretary of Transportation Sean Duffy is set to pause federal funds to New York state.New York City has won a…
Texas to require age verification for app purchases | Social Media
Law to take effect on January 1 has support of social media companies, but Apple and Google oppose it.Texas Governor Greg Abbott has signed into…
Trump Media to raise $2.5bn to invest in Bitcoin | Crypto News
Trump Media says the money will be used to create a ‘Bitcoin treasury’.The Trump Media and Technology Group will raise about $2.5bn to invest in…
NPR sues Trump administration for cutting US federal funding | Freedom of the Press News
The lawsuit alleges the Trump administration’s move to cut federal funding to public broadcasting is a violation of the US Constitution’s First Amendment.National Public Radio…
Why are the US and EU struggling to reach a trade deal? | Business and Economy News
US President Donald Trump has backed away — for now — from imposing steep levies on the European Union, two days after he threatened the…
‘Betrayal’ or ‘win-win’?: Britain’s EU deal reopens old wounds | Politics News
London, United Kingdom — British Prime Minister Keir Starmer has proudly described a new deal with the European Union spanning defence, security, and trade as…
Why is Israel now facing pressure from some of its Western allies? | Israel-Palestine conflict
Spain hosts key European and Arab nations to pressure Israel to halt Gaza assault.The Madrid Group has convened in Spain’s capital for a fifth time,…
Volvo to cut 3,000 jobs amid trade uncertainty | Business and Economy
The layoffs come days after US President Donald Trump threatened 50 percent tariffs on EU goods.Swedish automaker Volvo is set to cut 3,000 white-collar jobs…
Trump rows back tariff threat to agree EU trade-talk extension | Trade War News
US president continues to fuel global economic uncertainty with erratic trade policy.United States President Donald Trump has backed away from launching a trade war with…
US Steel shares soar on Trump’s apparent blessing for deal with Nippon | Business and Economy News
Investors interpreted Trump’s comments to mean Nippon Steel had received his approval for its takeover of US Steel.United States President Donald Trump has expressed support…
US investment Firm RedBird to buy UK’s Daily Telegraph newspaper | Business and Economy
Abu Dhabi’s IMI will take a minority stake in the company of no more than 15 percent.A consortium led by US investment firm RedBird Capital…
FTC abandons Biden-era effort to block Microsoft’s purchase of Activision | Business and Economy News
It was the second time in one day that the FTC pulled out of litigation begun during the Biden administration.The Republican-controlled Federal Trade Commission is…
Is United States debt becoming unsustainable? | Business and Economy
Moody’s ratings agency has stripped the US of its last perfect credit rating.United States debt has long been considered the safest of all safe havens.But,…
JPMorgan’s Dimon warns of US stagflation risk: Report | Business and Economy
Economists echo Dimon’s concerns as US credit downgrade and tariff-driven uncertainty continue.JPMorgan Chase CEO Jamie Dimon has warned that he can’t rule out the possibility that…
US House passes tax and spending bill by single vote | Tax News
The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which…
Target cuts annual forecast as tariffs, boycotts weigh on sales | Business and Economy
Target has slashed its annual forecasts amid a pullback in discretionary spending due to tariff-driven uncertainty and a backlash against shifts in its diversity, equity…
UnitedHealth paid nursing homes to reduce hospital transfers: Report | Business and Economy
In one case, a person suffered permanent brain damage because of a delayed transfer, The Guardian newspaper reported.UnitedHealth has allegedly secretly paid nursing homes to…