Markets, trade, and economic policy worldwide
Mark Zuckerberg's $115 million workforce initiative gets a follow-up from Sundar Pichai, as Alphabet CEO says the company will train 300,000 American tradespeople.
The 2026 World Cup could add $41 billion to the global economy, but host cities are spending millions on security, transportation, and infrastructure.
SpaceX is still a loss-making business. It lost $5 billion around 2025. In comparison, Amazon in 2025, they made $80 billion in operating income. — @echowang on the Reuters World News podcast as SpaceX surges past a $2 trillion valuation.
The UK and Japan plan to sign an £18 billion clean energy investment deal.
France and Italy opposed the EU initiative to prepare trade agreements in English – media. France and Italy opposed the European Union initiative to prepare texts of trade agreements exclusively in English to speed up negotiation processes, citing constitutional limitations and risks to the multilingual nature of EU institutions, according to the Financial Times. According to the publication, EU Trade Commissioner Maroš Šefčovič proposed preparing the legal-technical 'scrutiny' of a new trade ag
Japan's government under Sanae Takaichi has passed a bill to reduce taxes on Bitcoin and Ethereum from 55% to 20%.
The average salary in Chukotka increased by more than 30,000 rubles over the year, according to statistical data reviewed by TASS. According to the latest data, Chukotka is the leader in average salary levels. The average salary in March 2026 was 246,444 rubles.
The AI boom is revolutionizing US stock markets as hyperscalers cut buybacks and boost capex, including Alphabet's planned ~$85B in equity offerings for AI, according to the Financial Times.
The White House imposed export controls on Mythos partly over suspicions that a China-linked group had accessed it.
The World Bank has raised its forecast for Uzbekistan's GDP growth in 2026 to 6.4 percent, according to its latest Global Economic Prospects report.
A school district in Louisiana says some of its teachers will receive bonuses of more than $50,000 this year thanks to increased tax revenue linked to a Meta data center.
US and India will discuss trade at the G7 but a deal is not imminent, US officials said.
The rush to exit the SAVE student loan repayment plan has begun, but millions of borrowers have not yet taken action.
SpaceX is still a loss-making business. It lost $5 billion around 2025. In comparison, Amazon in 2025, they made $80 billion in operating income. @echowang on the Reuters World News podcast as SpaceX surges past a $2 trillion valuation.
Wall Street has an answer for retail investors seeking to profit from elevated interest rates and dodge defaults in private credit: funds that buy collateralized loan obligations.
SpaceX launches a $75 billion IPO and surges 19%, pushing its valuation past $2 trillion and making Elon Musk the world's first trillionaire, according to Reuters.
Slovenia has lifted its ban on arms trade with Israel.
Elizabeth Warren criticized Meta CEO Mark Zuckerberg for sailing a luxury yacht into Seattle while the company laid off 1,400 employees, saying 'Nothing says our economy is broken more clearly.'
U.S. home prices have reached a record high, surpassing $400,000 for the first time.
Traders are making large bets as a record $90 billion flows through high-risk leveraged ETFs in a single day.
New York has passed a bill aimed at curbing 'ghost jobs,' according to HR Dive.
71% of U.S. public school teachers say they work at least one second job, according to CBS News.
67% of active U.S. job seekers say they have encountered job postings they believed were fake or misleading, according to ConsumerAffairs.
German business leaders reaffirmed their commitment to the Chinese market at an 'Invest in China' roundtable in Dusseldorf on Friday, citing China's market potential, innovation capabilities and improving business environment as key drivers for future growth.
East African Community member states have presented their 2026/27 national budgets, outlining spending plans aimed at sustaining economic growth, creating jobs, and strengthening resilience.
China has overtaken the DR Congo as Rwanda's largest export destination, following the introduction of zero-tariff access for products from Rwanda.
US officials say the United States and India will discuss trade at the G7 but a deal is not imminent.
The national average price of a gallon of gas could drop below $4 over the coming days, though that outcome is hardly guaranteed, some analysts said.
The 2026 World Cup could add $41 billion to the global economy, but host cities are spending millions on security, transportation, and infrastructure.
Canadian Prime Minister Mark Carney said US officials don’t want to trigger a vote in Congress by changing the “fundamental architecture” of the North American free trade deal.