General

Trump: US ready for intensified strikes on Iran amid Gulf state attacks

President Donald Trump announced that the United States is prepared to intensify military strikes on Iran in response to Iranian attacks on Gulf states....

US margin debt hits record $1.5T in June, driven by 49% year-on-year increase

U.S. margin debt reached a record $1.5 trillion in June 2024, marking a 49% year-on-year increase and a 136% rise since Q4 2023. This...

SpaceX’s Starship test successfully reaches space, deploys satellites after record-breaking IPO

SpaceX successfully completed the thirteenth test flight of its Starship rocket on July 24 from Starbase, Texas, marking the first Starship mission since its...

Strait of Hormuz crossings drop 60% amid US-Iran tensions

Vessel crossings through the Strait of Hormuz plummeted by 60% in a single day, with only six passages recorded on Thursday according to maritime...

Trump sued hours after new tariffs take effect, as experts say they may not hold up

Two small businesses filed a lawsuit in the U.S. Court of International Trade just hours after new tariffs covering 99.4 percent of U.S. trade...

US may gain control of Iranian uranium by year’s end amid tensions

The United States may gain physical control of Iran's enriched uranium by the end of the year, according to recent social media claims. This...

Houthi attacks raise Red Sea shipping insurance premiums, threaten oil supply

Houthi attacks, reportedly backed by Iran, have led to a surge in war-risk insurance premiums for vessels navigating the southern Red Sea. The strategic...

Bahrain intercepts Iranian aerial attacks amid regional tensions

Bahrain's air defense systems successfully intercepted and destroyed several Iranian aerial attacks on Friday. Bahraini authorities have accused Tehran of conducting a campaign targeting...