Economy

  • US-EU split on Russia oil hits India trade as rupee crashes to record low

  • ECB to hold rates as inflation cools, but easing still on the table

  • Oracle stock surges by nearly 40%, with market cap inches away from $1 trillion

  • Trump admin launches student loan literacy push amid surging $1.7 trillion debt load

  • Federal Reserve balance sheet losses $39 billion in August, highest in 5 years

  • Russia’s budget revenues from oil and gas fall 20% this year

  • Trump Fed pick Stephen Miran clears Senate panel

  • Trump scores second win over Fed in two days as US PPI falls by 0.1%

  • China’s secret crude stockpiling may be shaping oil market stability

  • China plunges back into deflation

  • Global stocks extend gains on the back of Oracle, Fed rate cut hopes

  • Mexico submits new budget introducing taxes on multiple products

  • Is India really a U.S. ally as Trump sends mixed signals?

  • Trump calls on the EU to hit India and China with 100% tariffs

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  • S&P 500 and Nasdaq close at records as Wall Street shrugs off job, inflation fears

  • GameStop’s hardware sales boost Q2 revenue by tiny margin, shares gain 4% after hours

  • Trump, EU prep new sanctions as Russia unleashes biggest airstrike in months

  • Oil giants dump rigs and fires thousands as Russia misses OPEC+ quota

  • U.S. job growth overestimated by 911,000 in major revision that proves Trump right all along

  • Talks stall between U.S. and South Korea on $350B investment fund

  • France and Germany push EU to hit Russian oil giants with new sanctions

  • ECB’s fragmented structure may shield it as global peers face political heat