EDITOR'S ANALYSIS
If USMCA is not renewed, analysts expect uncertainty for businesses
US President Donald Trump has warned he would ‘rather not have’ the free trade agreement ahead of its July 1 review.
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Oil prices fall, stocks rally as US, Iran sign framework to end war
Brent crude drops 2.3 percent, while key stock indices in Japan, South Korea and Taiwan climb.
US Federal Reserve holds rates steady under new chair Warsh
In its projections, the US Fed anticipated that rates will rise a quarter of a percentage point by end of 2026.
Oil prices continue slide amid hopes for peace, opening of Strait of Hormuz
Brent crude drops to lowest price since early March, before signing of framework deal to end US-Israel war on Iran.
Robinhood slashes workforce by 10 percent amid restructuring
CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization’.
US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
US fuel prices to take ‘months’ to normalise after US-Iran deal to end war
Producers will need time to ramp up output, while port bottlenecks and heightened demand will keep US prices up.
Britain announces sweeping social media ban for under-16s
PM warns social media platforms are exposing children to content that is ‘dangerous’ and ‘designed to be addictive’.
Stock markets soar, oil falls as US and Iran announce framework to end war
Asian stock markets surge as Washington and Tehran announce breakthrough in talks to reopen Strait of Hormuz.
Why is the price of gold trending down?
Gold has been under pressure since the US and Israel launched a war against Iran in late February.
Sam Bankman-Fried loses appeal to overturn fraud convictions and prison
If the former crypto billionaire loses all remaining avenues, he would be eligible for release in 2044.
