Economy- Page 12

Volkswagen workers on the production line at a German factory facing mass layoffs

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

Volkswagen's board met Thursday to vote on 100,000 job cuts and four German plant closures, the largest contraction in postwar German history. IG Metall and works council jointly called it an attack

July 10, 2026

by Economy Desk

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first increase in nearly 50 days, after the collapse of the US-Iran ceasefire sent crude oil surging and renewed fears of prolonged disruptions in the

July 9, 2026

by Economy Desk

Best savings account checklist: 10 factors to evaluate in 2026

Introduction Selecting the best savings account involves more than simply opening the first account that appears

Blocked Rosneft petrol station in Saint Petersburg Russia diesel ban July 2026 after Ukraine drone strikes on refineries

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Ukraine's Unmanned Systems Forces struck 21 vessels in the Sea of Azov and shut down the

Micron Technology MU stock Wall Street price target upgrade cascade June 2026 semiconductor

Six Wall Street Firms Raise Micron Targets on the Same Day. That’s the Risk, Not the Rally.

Six Wall Street firms raised Micron price targets simultaneously on June 15 as MU surged over 8 percent. The upgrade cascade validates the AI memory thesis — and raises the June 24

June 15, 2026

Business·Economy·News·Technology

Gold bars representing Russia's central bank gold reserve sales and citizen gold purchases in 2026

Russia’s Citizen Gold Rush Meets a 27% Price Crash — and a State That Was Selling All Along

Russian households bought a record 50 tonnes of gold in 2025, trusting financial advisers who called it the safest asset available. Then the price dropped nearly 27 percent, and it emerged the

June 15, 2026

Business·Economy·News

Chinese Finance Minister Lan Fo'an speaks at press conference on China government debt fiscal policy Beijing

China’s Debt Crosses 100 Trillion Yuan, But the Cost of Carrying It Is the Story No One Is Telling

China's government debt has crossed 100 trillion yuan for the first time, but the headline obscures a more uncomfortable truth: Beijing is now spending nearly a fifth of its central budget servicing

June 15, 2026

Business·Economy·News

White House Deputy Chief of Staff for Policy Stephen Miller speaks at the White House on immigration enforcement

How Close Trump Came to Suspending Habeas Corpus: Haberman and Swan’s Forthcoming Book Lays Bare an April 2025 Memo Fight That Pulled Susie Wiles Back from the Brink

Stephen Miller pushed the White House in April 2025 to suspend habeas corpus to speed deportations — but a confidential memo by staff secretary Will Scharf to Chief of Staff Susie Wiles

June 15, 2026

Economy·Government and Politics·News

JPMorgan Chase and Bank of America branch facade in the United States 2026

OCC Probe Set to Name JPMorgan, Bank of America and Seven Other Banks Over Alleged Political ‘Debanking’ as Pirro’s Office Opens Parallel Criminal Investigation

The Office of the Comptroller of the Currency is preparing to release findings of a supervisory review of nine major banks accused of closing accounts on political grounds, as U.S. Attorney Jeanine

June 15, 2026

Economy·Government and Politics·News

KPMG Australia headquarters as government reviews $270 million contracts amid whistleblower scandal

KPMG International Sent the Whistleblower Back to the Firm He Was Exposing — Now Canberra Is Paying the Price

KPMG International refused to protect its own whistleblower and redirected him to the Australian arm he was exposing. Now Canberra has frozen more than $270 million in contracts and ASIC has opened

June 15, 2026

Business·Economy·News·Reports

Chinese Vice Premier He Lifeng shakes hands with US Treasury Secretary Scott Bessent at trade consultations in South Korea, May 2026

The US-China Trade Truce Has a Deadline. Neither Side Will Say What Comes Next.

Washington is quietly rebuilding its tariff architecture through Section 301 after the Supreme Court struck down IEEPA duties — and Beijing is watching without responding. The November 10 deadline for the US-China

June 15, 2026

Business·Economy·News

Wall Street stock market weekly close June 2026 as S&P 500 gains amid SpaceX IPO and Iran peace hopes

Wall Street’s Winning Week Is Built on a Contradiction No One Has Resolved

The S&P 500 finished the week of June 9–13 higher, but the two forces that drove it — Iran peace hopes and Oracle's $70 billion AI spending shock — point in opposite

June 15, 2026

Business·Economy·News

Energy inflation crisis 2026 Trump economic policies Iran war oil prices

The Buffer Is Almost Gone: Oil Executives Warn Trump the Energy Price Shock Is About to Get Much Worse

American oil and gas executives have warned the White House that fuel inventories propping up pump prices for four months are nearly exhausted, putting Trump's 'temporary disruption' promise on a collision course

June 15, 2026

Business·Economy·Government and Politics·News

Kevin Warsh at Senate Banking Committee confirmation hearing for Federal Reserve Chair April 2026

Warsh Chose Silence. Now Millions of Borrowers Are Flying Blind Into His First Fed Meeting.

Kevin Warsh's overhaul of Fed communication is itself a form of monetary policy — and mortgage borrowers, retirees, and savers are the ones absorbing the uncertainty as his first FOMC meeting opens

June 15, 2026

Business·Economy·News

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Economy- Page 12

Volkswagen Board Weighs 100,000 Layoffs in Germany’s Largest Industrial Contraction

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Best savings account checklist: 10 factors to evaluate in 2026

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Six Wall Street Firms Raise Micron Targets on the Same Day. That’s the Risk, Not the Rally.

Russia’s Citizen Gold Rush Meets a 27% Price Crash — and a State That Was Selling All Along

China’s Debt Crosses 100 Trillion Yuan, But the Cost of Carrying It Is the Story No One Is Telling

How Close Trump Came to Suspending Habeas Corpus: Haberman and Swan’s Forthcoming Book Lays Bare an April 2025 Memo Fight That Pulled Susie Wiles Back from the Brink

OCC Probe Set to Name JPMorgan, Bank of America and Seven Other Banks Over Alleged Political ‘Debanking’ as Pirro’s Office Opens Parallel Criminal Investigation

KPMG International Sent the Whistleblower Back to the Firm He Was Exposing — Now Canberra Is Paying the Price

The US-China Trade Truce Has a Deadline. Neither Side Will Say What Comes Next.

Wall Street’s Winning Week Is Built on a Contradiction No One Has Resolved

The Buffer Is Almost Gone: Oil Executives Warn Trump the Energy Price Shock Is About to Get Much Worse

Warsh Chose Silence. Now Millions of Borrowers Are Flying Blind Into His First Fed Meeting.

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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