Global Youth Unemployment Rises to 12.4% as AI Reshapes Entry-Level Work
The ILO estimates 67 million people aged 15 to 24 were unemployed in 2025, while one in five young people were not in employment, education or training as job creation slowed.
World
German Investment in US Drops to Three-year Low Amid Trade Uncertainty
German companies sharply reduced US investments in the first half of 2026 with businesses delaying new capital commitments as trade policy uncertainty continued to affect investor confidence.
World
Musk’s SpaceX Holding Nears $1 Trillion After Blockbuster IPO
Elon Musk’s 48.4% stake in SpaceX is valued at more than $900 billion, according to a recent regulatory filing which highlights his continued control following the company’s record-breaking IPO.
World
Trump Escalates Drone Trade War With Tariffs as High as 100%
Washington will impose tariffs as high as 100% on certain drone imports, with the administration citing national security and foreign supply risks.
World
Ford Moves Lincoln Production to US as China Tariffs Bite
The automaker will relocate production of some Lincoln models from China to the US in 2030, with CEO Jim Farley saying the move is necessary to strengthen Ford’s domestic manufacturing base.
World
Australian AI Startup Nears $1B Unicorn Valuation
Australian AI healthcare startup Heidi Health is reportedly seeking more than $100 million in fresh funding with the deal expected to value the fast-growing medical software company at over $1 billion.
Trump Media’s Quarterly Loss Widens to $238 Million
Trump Media’s second-quarter loss widened to $238.1 million from $20 million a year earlier, while revenue rose to $1.7 million and Truth API signed more than 10 customer agreements.
Simcoa Forced Out of US as Trump Tariffs Hit Australian Silicon
Australia's only silicon producer says punitive import duties have made the US market unviable, raising concerns over critical minerals cooperation and supplies for chips and solar manufacturing.
US Eyes Polysilicon Price Floor, Tariffs in AI and Solar Push
The Trump administration is preparing measures to shield domestic polysilicon producers from Chinese competition, a move that could reshape supply chains while raising costs for chipmakers and solar developers.
More world News
01
German Investment in US Drops to Three-year Low Amid Trade Uncertainty
German companies sharply reduced US investments in the first half of 2026 with businesses delaying new capital commitments as trade policy uncertainty continued to affect investor confidence.
02
Musk’s SpaceX Holding Nears $1 Trillion After Blockbuster IPO
Elon Musk’s 48.4% stake in SpaceX is valued at more than $900 billion, according to a recent regulatory filing which highlights his continued control following the company’s record-breaking IPO.
03
Trump Escalates Drone Trade War With Tariffs as High as 100%
Washington will impose tariffs as high as 100% on certain drone imports, with the administration citing national security and foreign supply risks.