FEATURED
Measurable Impact of Abandoned Shipping Fee on Trade
LONDON, July 15 — The proposed transit fee for ships passing through a critical global chokepoint has been scrapped, a reversal that spares the shipping...
Erasca Founders Lead UCSF Spinout to Public Company Status
SAN DIEGO, July 15 — When Jonathan E. Lim founded Erasca in 2018, he was already carrying a track record that biotech investors tend to...
Jeff Bezos Turns 62 As Blue Origin Challenges SpaceX Reusability Lead
SEATTLE, July 14 — The man who reshaped American retail and now reaches for the stars turns 62 today, a moment that finds Jeff Bezos...
Key Players: German Defense Contractors Rheinmetall and Helsing
BERLIN — Rheinmetall and the AI defence startup Helsing are both involved in a German programme to produce 50,000 drones, according to company records and...
How Tariffs on Russian Oil Would Work: Mechanisms and Global Impact
WASHINGTON, July 10 — The shift is coming into focus: a proposed tariff on Russian oil imports that could reshape global energy trade flows. The...
Fed Sets US Economic Course with Interest Rate Decisions
WASHINGTON, July 10 — The figure that matters: the Federal Reserve’s benchmark interest rate sits at a range of 5.25% to 5.50%, the highest level...
Black Sea Grain Crisis: War Disrupts Global Food Supply for Millions
ROME, July 9 — Against this backdrop of war in Ukraine, the global food system has been shaken in ways not seen in decades. The...
Data and Figures: Patriot Missile Production and Costs
ARLINGTON, Virginia, July 8 — The shift is already underway in how the world’s most advanced air-defense system gets built, and it points straight to...
POLITICS
FINANCE
Seizing AI Wealth: Revenue Potential and Economic Consequences
WASHINGTON, July 14 — A new report from the Congressional Budget Office has laid out what a one-time wealth tax on the US tech sector...
