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The U.S. economy remains the envy of the world in many respects, at least in President Donald Trump’s telling. But its lofty position is threatened by, among other things, America’s own chronic inability to keep a balanced budget, and the administration’s trade policy is part of what’s holding it back from doing so. In his…
BANGKOK (AP) — Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar. Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the Strait of Hormuz, the narrow passageway that carries a fifth of…
Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering just above its critical $80,000 support level at one point, as investors continued their flight…
The concluding part of the UN’s COP16 biodiversity summit, held in February, saw indigenous peoples given an official voice in global decision-making on conservation. The agreement of a new permanent committee enshrined this right, replacing indigenous peoples’ previously informal and symbolic status at the talks with something lasting and formal. More like this: • Can LA…
The U.S. Department of Labor has proposed a rule designed to make it harder to sue retirement plan fiduciaries that invest in risky, more volatile assets. The rule is also President Donald Trump’s administration’s latest giveaway to the Trump family’s favorite industry: Cryptocurrency. Drawing on Trump’s August 2025 executive order titled, in part, “Democratizing Access…
Almost $1 billion of leveraged crypto positions were liquidated during another sharp drop in prices on Monday that brought fresh momentum to a wide-ranging selloff. Bitcoin slid as much as 8% to $83,824 in New York, bringing its decline since early October to almost 30%. Ether dropped as much as 10% to as low as…