The Organisation for Economic Co-operation and Development (OECD) has issued a stark warning regarding the economic outlook for the United States, projecting…
Energy and Economy
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As of May 2025, the Trump administration’s energy policies have led to the cancellation or delay of over $14 billion in clean…
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The U.S. Department of Energy (DOE) recently announced the cancellation of $3.7 billion in clean energy grants, primarily targeting projects awarded in…
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In a significant shift, Moody’s Investors Service has downgraded the United States’ credit rating from AAA to Aa1, joining other major credit…
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Apple Inc. reported a fiscal Q2 2025 revenue of $95.4 billion, marking a 5% increase year-over-year. The company’s earnings per share rose…
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Energy and Economy
U.S. Unveils New Energy Strategy to Boost Domestic Oil Production Amid Rising Gas Prices
Amid escalating gas prices and growing concerns over energy security, the Biden administration has unveiled a comprehensive energy strategy aimed at boosting…
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In a move that caught market watchers off guard, OPEC+ announced a significant production increase of 411,000 barrels per day (kb/d) for…
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The International Monetary Fund (IMF) has issued a stark warning to the United States regarding its escalating fiscal deficit, which reached 98%…
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Atlanta, GA — Home Depot has reported a robust 9.4% year-over-year increase in revenue for the first quarter of fiscal 2025, reaching…
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Energy and Economy
RBA Lowers Cash Rate to 3.85% Amid Global Trade Concerns, Hints at Continued Easing
The Reserve Bank of Australia (RBA) reduced its official cash rate by 25 basis points to 3.85% on May 20, 2025, marking…