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WSJ suggests US rethink tax policy to address AI job loss, proposing taxing capital instead of labor.
The Wall Street Journal suggests the U.S. should rethink its long-standing policy of favoring lower taxes on profits and investment. The publication argues that taxing capital instead of labor could b
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The U.S. Senate Passes a Sanctions Bill Against Russia, Which May Impose Tariffs of Up to 100 Percent on Russian Energy Buyers Such as China and India
The U.S. Senate has passed legislation titled the “Lindsey O. Graham Sanctions Against Russia Act of 2026,” which aims to impose comprehensive sanctions on Russia.The bill passed the Senate by a vote
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Oil Prices Poised for Largest Monthly Gain Since March Amid US-Iran War Escalation
Oil prices are on track for their largest monthly gain since March, following a volatile week. This surge is attributed to the escalation of the US-Iran war.
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Former US Congresswoman Jane Harman Says US-Iran War Makes Every Middle East Country a Target
Former U.S. Congresswoman Jane Harman stated that the ongoing U.S. war in Iran has rendered every country in the Middle East a potential target. She emphasized that this includes nations not yet direc
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Iran's Army Claims Attack on U.S. Assets in Bahrain's Sheikh Issa Base, State Media Reports
Iran's army claims it launched an attack on U.S. assets located in Bahrain's Sheikh Issa Base, according to reports from Iranian state media.
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BBC Analysis: Iran May Prefer Limited War with US Over Peace to Gain Strategic Leverage
BBC analysis suggests that Iran may believe a limited conflict with the United States serves its strategic interests better than peace. Following Iran's recent missile strike on a US base in Jordan, w
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US June Core PCE Price Index Rises Less Than Expected M/M, Headline PCE Matches Estimates
The US June Core Personal Consumption Expenditures (PCE) Price Index rose 0.1% month-over-month, which was below the estimated 0.2% increase. The June PCE Price Index fell 0.1% month-over-month, match
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Kpler: Crude exports from Middle East Gulf remain constrained despite pause in US strikes on Iran, with loading activity halved
Crude exports from the Middle East Gulf remain constrained, despite a four-day pause in US strikes on Iran, according to data analytics firm Kpler. Vessel clearances stayed near recent lows, and Gulf
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Oil prices rose after the U.S. launched airstrikes against Iran, and Iran threatened to retaliate.
Oil prices rose on Thursday after the United States launched a “large-scale” airstrike against Iran late Wednesday in retaliation for Iran’s earlier missile attacks on U.S. forces in the region. Iran’
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Pakistan Says the U.S. and Iran Are Negotiating to Normalize the Situation in the Strait of Hormuz
Tahir Andarabi, spokesperson for Pakistan’s Ministry of Foreign Affairs, said at a weekly press briefing in Islamabad that negotiations are underway between the United States and Iran to restore stabi
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US strikes cause extensive damage on Iran’s Qeshm Island
Video footage from Iran's Qeshm Island shows widespread damage following US attacks. The strikes have reportedly caused extensive destruction on the island.
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Despite the U.S. embargo, Iranian oil continues to be sold in waters near Malaysia
Al Jazeera reported that despite the U.S. naval blockade against Iran, Iranian oil sales continue in the Eastern Outer Port Limit (EOPL) off the coast of eastern Malaysia. Satellite data shows that ov
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US Faces Uphill Battle Promoting Its AI in Asia as China's Cheaper Models Gain Edge
The U.S. and China are intensifying their competition for AI dominance in Asia. While the U.S. promotes its "complete solution" and "American AI Exports Program," it faces challenges with limited enga
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Canadian Prime Minister Carney: Working to Establish a More Stable Trade Relationship with the United States, Including in Key Areas
Canadian Prime Minister Carney said that Canada is working to establish more stable trade relations with the United States, particularly in key sectors. Carney added that Canada is in a strong positio
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U.S.-owned floating LNG storage facility attacked by a drone in Egypt
According to a report by the maritime security firm Ambrey, a U.S.-owned and operated liquefied natural gas (LNG) floating storage unit flying the Marshall Islands flag was struck by at least one dron
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US and Israeli Leaders Expected 'Swift Outcome' in Iran Conflict
New details are emerging that US and Israeli officials had anticipated a straightforward and short-lived outcome in a potential war with Iran. Reports indicate that former Israeli Prime Minister Benja
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Lower crude oil prices reduced U.S.-Canada energy trade value in 2025
The value of energy trade between the United States and Canada fell by 11% in 2025 to an estimated $137 billion, according to data from the U.S. Census Bureau. This decline was primarily driven by low
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Trump Vows Forceful Response After Iranian Missile Attack Intercepted in Jordan
Former U.S. President Trump vowed a forceful response after U.S. forces intercepted an Iranian missile attack in Jordan. He stated, "We'll be hitting them hard," and also mentioned that overnight U.S.
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Trump: U.S. will strike Iran in response to attacks on U.S. targets in Jordan
Former U.S. President Donald Trump stated that the U.S. will conduct strikes against Iran in response to recent attacks on U.S. targets in Jordan, according to Fox.
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Iran attacked a U.S. military base in Jordan; U.S.-Saudi coalition forces carried out airstrikes against pro-Iranian militias in Iraq; Iraqi authorities reported that at least 20 people were killed.
On Wednesday, Iran fired multiple ballistic missiles at U.S. military facilities in Jordan, and the United States confirmed that it had intercepted the “surprise attack.” On the same day, the United S
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Iran Attacks to Send Message Amid US Asset Buildup in Israel
Iran has launched attacks, which are seen as a message in response to the buildup of US assets in Israel.
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Iran Rejects US Talk Claims, Attacks US Bases in Jordan After Vowing Strait of Hormuz Control
Iran has rejected claims by U.S. President Trump that Tehran sought negotiations with the U.S. over the past two weeks. A senior Iranian official also stated that Iran would not give up control of the
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Oil prices rise after U.S. and Saudi Arabia attack Iran-backed militias in Iraq
West Texas Intermediate (WTI) and Brent crude oil prices climbed on Wednesday, driven by the risk of further conflict following attacks by the U.S. and Saudi Arabia on Iran-backed militias in Iraq.
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The U.S. and Saudi Arabia Carry Out Airstrikes Against "Pro-Iranian" Groups in Iraq
The United States and Saudi Arabia launched joint airstrikes in Iraq targeting “pro-Iranian” groups. The operation came in the wake of drone attacks in the region against U.S. military forces and Saud
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US August retail sales month-over-month 1.2%, expected 0.8%, previous value 0.5%, above expectations.
US August retail sales month-over-month 1.2%, expected 0.8%, previous value 0.5%, above expectations.
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The U.S. imposed visa restrictions on South African officials, accusing them of discriminating against the white minority and warning of further escalatory measures.
U.S. Secretary of State Marco Rubio announced on Tuesday that the United States will impose visa restrictions on South African officials accused of discriminating against the white minority in South A
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Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose by 7.1 million barrels, offsetting supply concerns from the shutdown of a Saudi oil pipeline.
International benchmark Brent crude for November delivery fell 1.02% to $107.64 per barrel, while U.S. West Texas Intermediate (WTI) crude for October delivery dropped 1.29% to $104.46 per barrel. Thi
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The Trump administration plans to sell 2,000-pound bombs worth $2.8 billion to Israel.
The Trump administration is preparing to sell 907 kilograms (2,000 pounds) of bombs worth $2.8 billion to Israel, one of the largest such munitions sales in recent years, according to The Washington P
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US charges five people linked to Russian ‘assassination network’
The indictment marks a rare accusation of alleged Kremlin-backed plots on American soil.
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US and China Discuss Cutting Tariffs on American Energy and Agricultural Products Ahead of Next Week's Leaders' Summit
The discussions aim to solidify prospects for an extension to the US-China trade truce.
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Middle East tensions escalate, with the cost of shipping US crude oil to Asia surging to a record $44.8 million.
According to data from the Baltic Exchange, as of this Tuesday, the cost to charter a Very Large Crude Carrier (VLCC) to transport 2 million barrels of crude oil from the US Gulf Coast to China has su
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Japan's August Export Growth Remains Robust, Led by US Shipments, Despite Slight Slowdown
Japan's August Export Growth Remains Robust, Led by US Shipments, Despite Slight Slowdown
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US API Crude Oil Inventory Change 7.14, expected -1.8, prior -0.3, above expectations
API Crude Oil Stock Change: 7.14, expected -1.8, prior -0.3, above expectations Release Time: 2026-09-15 20:30 UTC
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U.S. Senate Republican leaders are considering discussions on a diesel export ban after U.S. diesel prices hit a new all-time high of $6.27 per gallon on Tuesday.
The U.S. Senate Republican leader stated he is open to discussing an export ban on diesel. This follows Tuesday's record-high average U.S. diesel price of $6.27 per gallon, up about 80 cents from a mo
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Nikkei Asia analysis: Global trade is being reshaped as the EU, China, and US shift towards enforcement of their own trade rules
According to a geopolitics strategist specializing in European, Asian, and U.S. relations, legal triage is becoming a central aspect of due diligence in this evolving landscape.
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Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase."
Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase." He also noted that Iran occasionally fires on merchant ships, but the United
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Bloomberg: Big Pharma Bets on China's New Drugs, Potentially Impacting US Biotech Dominance
Bloomberg reports that major pharmaceutical companies are looking to China for their next generation of blockbuster drugs. This shift could have profound implications for patients and the future domin
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Michael Saylor retweeted a post from Strategy, stating that Bitcoin has had years of legal and regulatory clarity in the United States.
Michael Saylor retweeted a post from Strategy, stating that Bitcoin has had years of legal and regulatory clarity in the United States.
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Pentagon watchdog warns of munitions ‘shortfall’ after US spent $22bn on ordnance in first four months of Iran war
A Pentagon inspector general warned of “industrial base bottlenecks” after the US military spent $22 billion on ordnance in the first four months of the Iran war, leading to a munitions shortfall.
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Iran's foreign minister claims hundreds of U.S. military sites hit and dozens of aircraft damaged
Iran's foreign minister rejected claims that Iran is defenseless, asserting that these figures were based on Pentagon information and that Tehran will disclose additional details "in due course." The
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International IDEA report warns US democratic decline threatens global rule of law, with nearly half of its democracy indicators at 50-year lows
The International Institute for Democracy and Electoral Assistance (International IDEA) released a report on Tuesday, stating that the US is accelerating the global weakening of the rule of law. The s
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Al Jazeera analysis: China does not need to replace the US in the Gulf, can gain leverage through trade and technology
The analysis suggests that China's growing influence in the Gulf region is primarily driven by economic leverage through trade and technology, rather than military overreach. It notes that China benef
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Canadian PM Carney visits Europe to seek 'unique alliance' with EU amid US trade war, rules out EU membership
Canadian Prime Minister Mark Carney is visiting Strasbourg, France, and Liverpool, UK, from September 15 to 17 to strengthen Canada's ties with the EU in trade, investment, and security. Carney stated
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US Treasury Secretary Scott Bessent: We are ending the Iranian threat, not "managing" it
US Treasury Secretary Scott Bessent: We are ending the Iranian threat, not "managing" it
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LNG Buyers Accelerate Talks to Buy More US Fuel Amid Hormuz Disruption Risk
Liquefied natural gas buyers are accelerating discussions to buy more fuel from the US as the Iran war and turmoil over the Strait of Hormuz forces them to seek alternatives to suppliers in the Middle
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Oman and U.S. Foreign Ministers Discuss Regional De-escalation, Reaffirm Closer Coordination
Oman’s Foreign Minister held a phone call with his U.S. counterpart to discuss rapidly evolving regional developments and efforts to reduce tensions and contain the fallout. The two also discussed cre
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Global bonds fall, Japan's 10-year yield surpasses 3%
Investors are continuing to sell government debt, pushing Japan's 10-year yield above 3%, following a landmark rise in American borrowing costs.
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U.S. Department of Defense report: Iran war cost $33.4 billion by end of June, with hundreds of buildings and dozens of aircraft damaged.
The Iran war has cost approximately $33.4 billion as of June 29, according to a report submitted to Congress by the U.S. Department of Defense on Monday. Of this, Iranian attacks caused $184 million i
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