Despite the Strait of Hormuz closure cutting off 20 million barrels a day, oil prices stayed between $90 and $100 per barrel — but the cushions that absorbed the initial shock are now nearly exhausted, leaving the world more exposed than before.
US Strategic Petroleum Reserve stocks have fallen to their lowest level since April 1983, dropping to 316.5 million barrels as drawdowns tied to the Iran war continue, raising fears about what happens when the buffer runs out.
The US government has paid out $81 billion in tariff refunds after the Supreme Court struck down a large chunk of Trump's tariffs while the federal deficit continues to grow and new duties are already being prepared.
A new Pew Research Center poll finds that for the first time in roughly 20 years of tracking, more people across 25 of 36 surveyed countries now view China more favourably than the US
More than 100 House Democrats voted to cut $3.3 billion in military aid to Israel, marking a significant shift in the party's stance toward Netanyahu's government even as the measure was ultimately defeated 314-104
The US will impose a 25% tariff on a range of Brazilian imports from July 22, after a yearlong investigation concluded Brazil engaged in unfair trade practices, with an additional 12.5% potentially following next week.
If engineering, finance and data analytics graduates are struggling to land jobs too, what does it really mean for a degree to be "useful"? A Reddit discussion explores whether majors matter less than they used to.
A Reddit post asking whether the job market is really as bad as Reddit makes it seem has drawn responses from recruiters, hiring managers, and job seekers that collectively answer the question: yes, it really is, but Reddit may still be making it look even worse.
Jobs, visas and rising costs were all part of the debate after one Reddit user asked if a US master's is still worth pursuing.
After sending 125 job applications and receiving just two interviews, one graduate asked whether visas or the economy were to blame. Reddit users said both are making job searches significantly harder.
