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Trump Eyes Australia’s Superannuation System as US Retirement Model

Trump Eyes Australia’s Superannuation System as US Retirement Model

The US president has renewed interest in Australia's retirement savings framework, although experts caution that major structural differences could complicate its adoption in the United States.

By Pooja Malik
Elon Musk Wins Court Approval for SEC Settlement
America

Elon Musk Wins Court Approval for SEC Settlement

The settlement over Musk's Twitter share purchases has been approved, though the judge criticised aspects of the agreement and the SEC's approach. 

By Pooja Malik
US Services Activity Softens, Jobs Growth Improves
America

US Services Activity Softens, Jobs Growth Improves

The services sector expanded at a slower pace in June, with hiring recovering despite weaker new orders and persistent inflation pressures.

By Shivangi
Trump Targets Exxon & Chevron in Gasoline Price Probe
America

Trump Targets Exxon & Chevron in Gasoline Price Probe

U.S. President Donald Trump said he has directed the Justice Department to investigate oil companies, including Exxon Mobil and Chevron, over gasoline prices, accusing the industry of failing to pass on lower crude costs to consumers.

By Shivangi
America

Former Fed Chair Alan Greenspan Dies at 100

Former federal reserve chairman Allen Greenspan died at 100 at his home from complications of Parkinson’s disease. He served as Fed chairman of the US Federal reserve from 1987 to January 2006, making him the second longest serving chairman in…

By Shivangi
America

Anduril and General Atomics Win US Air Force Drone Production Contracts

The US Air Force has contracted Anduril Industries and General Atomics to build its initial fleet of semi-autonomous Collaborative Combat Aircraft. The FQ-42 will be manufactured by General Atomics, and the FQ-44 will be produced by Anduril. The program has been designed to connect crewed fighter jets with autonomous aircraft and is part of a broader Air Force strategy involving the fielding of about 1,000 combat-capable drones over its years-long timeline. The contracts were issued months in advance of schedule, along with other software awards.

By Shivangi
America

US Delays Blacklisting DeepSeek and More Than 100 Chinese Firms

Sources familiar with the matter said that the United States has postponed adding DeepSeek, CXMT and over 100 other Chinese companies to its trade blacklist. The companies received approval to be added to the Commerce Department's Entity List last year but have not been published. Sources told the Trump administration had delayed this move to avoid an escalation of tensions with China. Thus far, it has been suggested the delayed listings encompass companies associated with semiconductor, artificial intelligence and drone sectors, sectors U.S. officials regard as national security threats.

By Shivangi
America

GM and Lockheed Martin Partner for Defence Manufacturing Projects

General Motors has formed a new partnership with Lockheed Martin to bolster U.S. industrial and defense production capacity. The partnership, born from the U.S. Department of Defense, will be centered on production and supply chains manufacturing efficiency. GM Defense will apply the capabilities of any number of its facilities and laboratories to help with it; Lockheed Martin is still pouring money into expanded production capability. This news is being made against the background of defense firms looking to expand their production capacity as demand surges and the industry needs to keep up with it.

By Shivangi

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