Sawt Falasteen - Economy

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Featured

Musk becomes world's first trillionaire as SpaceX shares jump

Shares in Elon Musk's SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars.

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street pushed higher on Friday as SpaceX shares began trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war.

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'GOAT' battles to top of N. America box office

Sony animated film "GOAT," produced by NBA superstar Stephen Curry, glided into the number one spot at the North American box office, taking in $17 million, industry estimates showed Sunday.

Trump hikes US global tariff rate to 15 percent

President Donald Trump raised the global duty on imports into the United States to 15 percent on Saturday, doubling down on his promise to maintain his aggressive tariff policy a day after the Supreme Court ruled much of it illegal.

Brazil's Lula urges Trump to treat all countries equally

Brazil's President Luiz Inacio Lula da Silva on Sunday urged Donald Trump to treat all countries equally after the US leader imposed a 15 percent tariff on imports following an adverse Supreme Court ruling.

Copper, a coveted metal boosting miners

BHP, Glencore and Teck Resources -- three mining giants whose annual results have revealed significantly increased profits thanks in large part to soaring copper prices.

Cuban Americans keep sending help to the island, but some cry foul

In the early morning, Florida resident Gisela Salgado headed to a local store with a bag stuffed with clothes, coffee and powdered milk to send to her brother in Cuba. She was not alone.

AI revolution looms over Berlin film fest

The artificial intelligence revolution sweeping through the entertainment sector was at first glance not evident at this year's Berlin Film Festival, but the potential for widespread changes was still on people's minds.

Libya's Ramadan celebrations tempered by economic woes

Libyans have been enjoying Ramadan with feasts and fireworks -- but soaring prices, a devalued currency and political divisions have left many with little to celebrate.

French volunteer bakes for Ukraine amid frosts and power outages

In a truck parked in the Kyiv region, Loic Nervi kneaded the dough vigorously before sliding dozens of tins into the oven -- loaves that will later be handed out to Ukrainians.

Trump, once unstoppable, hits snag after snag ahead of major US address

For a year, Donald Trump has governed the United States with little standing in his way.

Battered by Gaza war, Israel's tech sector in recovery mode

Israel's vital tech sector, dragged down by the war in Gaza, is showing early signs of recovery, buoyed by a surge in defence innovation and fresh investment momentum.

'Not the end': Small US firms wary but hopeful on tariff upheaval

Small American businesses warned Friday that a tougher trade landscape was here to stay, as the Supreme Court's rejection of sweeping tariffs was quickly followed by President Donald Trump's pledge to impose new duties.

Counting the cost: Minnesota reels after anti-migrant 'occupation'

The Trump administration has framed its divisive push to round up undocumented migrants in Minnesota as a win for his mass deportation agenda, despite a major backlash and decisive local opposition.

Stocks rise after court ruling against US tariffs

Stocks pushed higher on Friday after the US Supreme Court overturned most of President Donald Trump's tariffs, which could boost company earnings around the globe.

US Supreme Court strikes down swath of Trump global tariffs

The US Supreme Court ruled Friday that Donald Trump exceeded his authority in imposing a swath of tariffs that upended global trade, blocking a key tool the president has wielded to impose his economic agenda.

Stocks volatile after soft US growth data, court ruling against tariffs

Stocks moved higher Friday, with Wall Street recovering early losses spurred by weaker-than-expected US growth after the US Supreme Court overturned most of President Donald Trump's tariffs, which could boost company earnings around the globe.

US GDP growth misses expectations as Trump blames shutdown

US economic growth cooled much more than expected in the final months of 2025, government estimates showed Friday, capping the first year of Donald Trump's return to the presidency.

European stocks rebound, oil prices ease after US-Iran volatility

European stocks rebounded and oil prices fell Friday as investors reassessed the chances of a US strike on Iran, after heightened geopolitical tensions sparked by President Donald Trump's threats amid talks on a nuclear deal.

Florida airport to be renamed after US President Donald Trump

An airport in Florida will soon be renamed after US President Donald Trump, after a bill proposing the change was approved by the state's legislature on Thursday.

Stocks mixed, oil rises after Trump Iran threat

Equities were mixed and oil prices rose on Friday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks.

UN touts panel for 'human control' of AI as leaders weigh message

A new UN panel on artificial intelligence aims to "make human control a technical reality", the global body's chief said Friday as leaders at a New Delhi summit weighed their message on the future of the divisive technology.

Victorious Takaichi promises 'strong and prosperous' Japan

Prime Minister Sanae Takaichi pledged Friday to make Japan "strong and prosperous", while hitting out at China and pledging to keep "hitting the growth button" following her party landslide election win.

Nvidia nears deal for scaled-down investment in OpenAI: report

Nvidia is on the cusp of investing $30 billion in OpenAI, scaling back a plan to pump $100 billion into the ChatGPT maker, the Financial Times reported Thursday.

Japan inflation eases in welcome news for PM Takaichi

Japanese inflation slowed in January, government data showed Friday, in welcome news for Prime Minister Sanae Takaichi after her recent election landslide win.

Stocks drop, oil rises after Trump Iran threat

Most Asia equities fell and oil prices rose Friday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a "meaningful deal" in nuclear talks.

World leaders to declare shared stance on AI at India summit

Dozens of world leaders and ministers are expected to deliver on Friday a shared view of how to handle artificial intelligence, wrapping up a five-day summit focused on the technology.

UK king opens London fashion week despite brother's arrest

London Fashion Week launched on Thursday with a rare visit from King Charles III only hours after his brother Andrew's sensational arrest -- his presence overshadowing an event traditionally focused on revealing new talent.

Striking Argentine workers slow down Buenos Aires in protest over labor reforms

Shops and supermarkets closed, public transport was scarce and garbage went uncollected Thursday as Argentine workers staged their fourth general strike of President Javier Milei's term, this time against labor reforms.

Rocket re-entry pollution measured in atmosphere for first time

When part of a SpaceX rocket re-entered Earth's atmosphere exactly a year ago, it created a spectacular fireball that streaked across Europe's skies, delighting stargazers and sending a team of scientists rushing towards their instruments.

Walmart outlines big AI ambitions as it reports mixed results

Walmart's newly installed leadership team on Thursday emphasized plans to build up artificial intelligence integration, lifting shares of the retail behemoth despite a cautious forecast.

Oil extends gains on US-Iran tensions, stocks retreat

Oil prices pushed higher Thursday on worries that nuclear talks between United States and Iran might not avert a new conflict that could threaten supplies.

Oil extends gains on US-Iran tensions, Europe stocks slide