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Brent Crude Surges Above $100 as Middle East War Threatens Oil Supplies
2026-09-09 13:50:05
Wall Street Braces for Inflation Data as Oil Prices Add to Economic Pressure
2026-09-05 08:42:15
CSB NEWS USA
Published on 20-09-2026
US Military Cost of Iran War Rises to $43.6 Billion
<p><span style="font-size: 0.8375rem;">The U.S. military’s cost for the Iran war has risen to $43.6 billion as of Sept. 3, according to a new estimate provided to lawmakers by U.S. Central Command, wh
CSB NEWS USA
Published on 15-09-2026
Economists Urge Bank of England to Slow or Halt Bond Sales
Economists have urged UK Chancellor John Healey to press the Bank of England to slow down its government bond-selling programme, which they say has already cost the Treasury billions of pounds while also increasing the government’s borrowing costs
CSB NEWS USA
Published on 09-09-2026
Brent Crude Surges Above $100 as Middle East War Threatens Oil Supplies
Brent crude prices rose above $100 a barrel on Wednesday for the first time in six weeks as intensified fighting between U.S. and Iranian forces heightened concerns about oil supplies from the Middle East and raised the risk of higher inflation and energy costs for consumers and businesses
CSB NEWS USA
Published on 05-09-2026
Wall Street Braces for Inflation Data as Oil Prices Add to Economic Pressure
Wall Street is set to receive several important updates on inflation this week, with investors closely watching new data that could influence expectations for U.S. monetary policy
CSB NEWS USA
Published on 02-08-2026
Chevron CEO Warns Iran Conflict Has Created a 'Very Real' Threat to Global Oil Supplies as Fuel Prices Rise
Chevron CEO Mike Wirth has warned that escalating tensions involving Iran and Houthi attacks on Saudi oil facilities have created a "very real" threat to global oil supplies, raising fears of a renewed shipping crisis
CSB NEWS USA
Published on 06-07-2026
OPEC+ Countries Agree to Modestly Increase Oil Production as Prices Continue to Fall
Seven members of the OPEC+ alliance have agreed to increase their combined oil production by 188,000 barrels per day in August, as global fuel prices have fallen to levels close to where they were before the U.S. and Israel's war with Iran
CSB NEWS USA
Published on 17-06-2026
Reuters Report: U.S.-Iran Framework Deal Includes $300 Billion Private Investment Fund
A proposed framework agreement between the United States and Iran includes the creation of a $300 billion private investment fund aimed at reviving Iran’s economy and encouraging both sides to finalize a permanent peace deal, according to a source with direct knowledge of the negotiations
CSB NEWS USA
Published on 12-06-2026
Elon Musk becomes the world’s first trillionaire as SpaceX shares surge
The rise in SpaceX’s share price today, following its listing on the U.S. stock market, has made Elon Musk the world’s first trillionaire
CSB NEWS USA
Published on 10-06-2026
SpaceX’s IPO Could Turn 4,400 Employees Into Millionaires
While Elon Musk may soon become the world's first trillionaire, the public debut of SpaceX is also set to transform the lives of thousands of current and former employees
CSB NEWS USA
Published on 17-05-2026
War in the Middle East: The Iran War Is Crippling One of the World’s Wealthiest Nations
Iranian attacks have paralyzed Qatar’s vital gas exports and are stalling the tourism and business pivots that were intended to anchor its future growth
CSB NEWS USA
Published on 04-05-2026
Oil Jumps as Iran Rejects Trump’s Plan to Escort Stranded Ships
Oil prices are once again surging—not because of a sudden shortage, but because of a growing geopolitical deadlock that markets increasingly believe will not be resolved anytime soon. The latest spike came as Iran resisted a U.S. proposal, led by Donald Trump, to help escort and free commercial ships stranded in the Strait of Hormuz—a narrow waterway that carries roughly a fifth of the world’s oil supply
CSB NEWS USA
Published on 30-04-2026
Warren Buffett Steps Aside, Greg Abel Takes the Helm at Berkshire Hathaway
In a historic transition for global finance, Warren Buffett has formally stepped back from day-to-day leadership of Berkshire Hathaway, handing operational control to his long-designated successor, Greg Abel
CSB NEWS USA
Published on 28-04-2026
Middle East crisis may cost global economy $1 trillion as oil giants reap ‘obscene’ profits
The ongoing conflict in the Middle East—particularly the disruption linked to the Strait of Hormuz—could inflict a staggering $1 trillion economic blow on the global economy, according to analysis highlighted by The Guardian
CSB NEWS USA
Published on 26-01-2026
India, EU Close to Finalising Long-Awaited Free Trade Agreement
geopolitical pressures and trade disruptions have pushed both sides toward a pragmatic compromise. Whether the agreement delivers balanced gains will depend on how carbon levies, services mobility and non-tariff barriers are ultimately addressed.
CSB NEWS USA
Published on 12-01-2026
Vice President JD Vance Highlights Trump Administration’s Energy Success as Gas Prices Hit Five-Year Low
US Vice President JD Vance has highlighted the Trump administration’s energy achievements, noting that gas prices are currently at their lowest level in five years, crediting President Donald Trump’s energy-first policies.
CSB NEWS USA
Published on 18-10-2025
Apollo-Backed Aeroméxico Targets $2.9 Billion U.S. IPO
Aeroméxico, backed by Apollo and Delta, aims for a $2.9 billion U.S. IPO, marking its return to public markets after emerging from bankruptcy. The airline plans to sell 11.7 million shares on the NYSE under the ticker “AERO.”
CSB NEWS USA
Published on 17-10-2025
Global Bank Stocks Tumble as U.S. Credit Concerns Trigger Market Jitters
Fears over U.S. regional banks’ credit quality triggered a global selloff in financial stocks. While some U.S. banks rebounded on strong earnings, concerns about loan losses and fraud kept markets on edge, sending gold prices to record highs.
CSB NEWS USA
Published on 16-10-2025
Salesforce bets big on AI — eyes $60B revenue by 2030
Salesforce targets over $60 billion in revenue by 2030, driven by rapid AI growth and its $8B Informatica deal. The company also plans a $7B share buyback, showing strong confidence in its future.
CSB NEWS USA
Published on 16-10-2025
Gold Hits Record High Amid Safe-Haven Demand and Rate-Cut Bets
Gold surged to a record high above $4,200 per ounce as investors sought safety amid U.S.-China trade tensions, a U.S. government shutdown, and expectations of Fed rate cuts.
CSB NEWS USA
Published on 15-10-2025
Deal surge powers Morgan Stanley to new heights — $18.2B in revenue and counting
Morgan Stanley’s third-quarter profit surged past Wall Street estimates, driven by a sharp rebound in dealmaking and record-high revenues across investment banking and wealth management. Shares soared 6.7% as the bank reported $4.6 billion in profit and projected continued growth amid improving economic conditions and strong M&A activity.
CSB NEWS USA
Published on 15-10-2025
Oil prices slip as US-China trade tensions heat up
Oil prices slipped on Wednesday as traders weighed the International Energy Agency’s warning of a major supply surplus in 2026 and renewed U.S.-China trade tensions that could weaken global demand.
CSB NEWS USA
Published on 14-10-2025
JPMorgan’s Profit Soars on Strong Deal Activity
JPMorgan Chase reported a sharp rise in third-quarter profits to $14.39 billion, driven by strong investment banking and trading gains. CEO Jamie Dimon credited a resilient U.S. economy but warned of global and inflationary risks ahead.
staf reporter
Published on 27-07-2025
After Long Negotiations, Trump Announces Trade Deal Imposing 15% Tariff on EU Goods —President Donald Trump
The United States and the European Union (EU) on Sunday reached a structural trade agreement under which a 15% import tariff will be imposed on European goods. However, this deal helped avert a trade war between the two major allies, who together account for nearly one-third of global trade.
staf reporter
Published on 27-07-2025
"We Tried to Discuss Trump's Tariffs, But Washington Didn't Respond" — Brazilian President Lula da Silva
— Brazilian President Luiz Inácio Lula da Silva has accused the United States of ignoring attempts at dialogue regarding import tariffs imposed by U.S. President Donald Trump. Despite Brazil’s outreach, Washington has not responded to multiple requests to discuss the tariffs, which are set to go into effect on August 1st, raising duties on Brazilian goods by 50%.
staf reporter
Published on 26-07-2025
“We’re Very Close to Finalizing a Trade Deal with the U.S., It Could Happen Within Days” – Pakistani Deputy PM Ishaq Dar
Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar announced on Friday that Islamabad is on the verge of finalizing a major trade agreement with the United States. In his words, “It’s not a matter of months, or even weeks — I would say it's just a matter of days.”
staf reporter
Published on 23-07-2025
After Months of Intense Negotiations, President Donald Trump Announces Major Trade Deal with Japan
U.S. President Donald Trump on Tuesday announced that, following months of intense negotiations, his administration has finalized a “major” trade agreement with Japan.
staf reporter
Published on 19-07-2025
Indian Prime Minister Narendra Modi to Visit London at PM Keir Starmer’s Invitation to Sign UK-India Free Trade Agreement
Indian Prime Minister Narendra Modi will visit London on July 23–24 at the invitation of UK Prime Minister Keir Starmer. During this visit, he is expected to sign the long-anticipated India–United Kingdom Free Trade Agreement (FTA), which is now on the verge of finalization after years of negotiations.
staf reporter
Published on 12-07-2025
President Donald Trump Announces 30% Tariff on Imports from Mexico and EU Starting August 1
President Donald Trump announced on Saturday that a 30% tariff will be imposed on imports from Mexico and the European Union (EU) starting August 1.
staf reporter
Published on 10-07-2025
Trump Announces 50% Tariff on Brazilian Goods Over Bolsonaro Trial
President Donald Trump made an explosive announcement on Wednesday, declaring a 50% tariff on imports from Brazil. The primary reason behind the move, he said, is the ongoing trial of former Brazilian President Jair Bolsonaro. Trump labeled the trial a "witch hunt" and said it must stop.
staf reporter
Published on 08-07-2025
To Protect U.S. Trade Interests, President Trump Announces Harsh Tariffs on 14 Countries – To Take Effect from August 1 Unless Trade Concessions Are Made
U.S. President Donald Trump has announced harsh new tariffs on imports from 14 countries to protect American commercial interests. Speaking on Monday,
staf reporter
Published on 07-07-2025
Countries Aligning with BRICS’ ‘Anti-American Policy’ Will Face 10% Tariff – President Donald Trump
In a sharply worded warning, President Donald Trump has issued a trade threat directed at the BRICS alliance and its supporters. He announced that any country aligning itself with what he called BRICS’ “anti-American policy” will face an additional 10% import tariff from the United States. Trump emphasized clearly, “There will be no exceptions.”
staf reporter
Published on 03-07-2025
“It’s long overdue—resign immediately” — President Donald Trump to Federal Reserve Chairman Jerome Powell
U.S. President Donald Trump has called for the immediate resignation of Federal Reserve Chairman Jerome Powell. In a post on his social media platform, Truth Social, Trump wrote: “It’s long overdue—he should resign now!!!”
staf reporter
Published on 02-07-2025
Dialogue on Commercial Cooperation Between Saudi Crown Prince Mohammed bin Salman and Indonesian President Prabowo Subianto in Jeddah
Saudi Crown Prince Mohammed bin Salman formally welcomed Indonesia’s newly elected President Prabowo Subianto at the Al-Salam Palace in Jeddah on Wednesday. This information was reported via the Saudi Press Agency (SPA).
staf reporter
Published on 02-07-2025
Trump warns of 30–35% tariffs on Japan if trade deal not finalized by July 9
U.S. President Donald Trump has warned that unless a trade agreement between the United States and Japan is finalized by July 9, import tariffs of 30 to 35 percent will be imposed on Japanese goods.
staf reporter
Published on 01-07-2025
New Delhi Nears Deal with Washington to Boost Bilateral Trade to $500 Billion, Bypassing President Trump’s Tariffs
The United States and India are on the verge of finalizing an interim trade deal by July 9, as both sides push hard diplomatically to stabilize ties before President Donald Trump's newly announced high tariffs come into effect.
staf reporter
Published on 20-06-2025
"A Recession in Russia Would Be Extremely Dangerous" – President Vladimir Putin
Russian President Vladimir Putin has issued a serious warning about the state of the Russian economy, stating that if the country slides into a recession
staf reporter
Published on 17-06-2025
"EU Chief Sides with President Trump on Trade, Issues Stern Warning to China" – Ursula von der Leyen
At the G7 Summit in Canada, European Commission President Ursula von der Leyen delivered a strong message targeting China, stating unequivocally, “Donald is right”—highlighting that some of China’s trade policies now pose a serious threat to the global market
staf reporter
Published on 11-06-2025
U.S.-China Agree on Framework to Ease Export Controls After Two-Day Talks in London
Following two days of trade talks in London, the United States and China have agreed on a framework plan to ease export controls that have disrupted global manufacturing—officials from both sides confirmed on Wednesday.
staf reporter
Published on 04-06-2025
Trump: “I Like President Xi, But He’s Extremely Tough and Even Tougher to Make Deals With”
President Donald Trump has said that Chinese President Xi Jinping is "extremely tough" and "incredibly difficult" to make deals with. His comments come at a time when he has accused China of violating a recent agreement regarding the lifting of tariffs and trade restrictions.
staf reporter
Published on 01-06-2025
Pakistan's Allied Nations No Longer Want Me to Go to Them with a 'Begging Bowl' — Prime Minister Shehbaz Sharif
According to a report by The Economic Times, Pakistani Prime Minister Shehbaz Sharif has openly acknowledged the country’s dire economic situation during a speech to military officials in Quetta. In the address delivered on Saturday (May 31), he stated:
staf reporter
Published on 27-05-2025
Federal Government to Cancel Nearly $100 Million Contract with Harvard University — President Donald Trump Administration
The federal government is set to instruct various agencies to cancel nearly $100 million worth of contracts with Harvard University, two senior officials from the Trump administration told CNN. This move is the latest reaction against Harvard’s resistance to the White House’s policy demands and is seen as part of a broader politically motivated crackdown on U.S. universities.
staf reporter
Published on 26-05-2025
Trump: 50% Tariff on EU Goods Delayed Until July 9
President Donald Trump announced Sunday that the deadline for imposing a 50% tariff on European Union (EU) goods has been postponed from June 1 to July 9
staf reporter
Published on 13-05-2025
During President Donald Trump’s visit, a $100 billion U.S.-Saudi Arabia arms and military deal is taking place
During the ongoing visit of U.S. President Donald Trump to Saudi Arabia, reports indicate that among the agreements being signed is a $100 billion arms deal.
staf reporter
Published on 13-05-2025
Ready to Work as a Reliable Trade and Development Partner with Latin Countries – Chinese President Xi Jinping
As part of a counterbalance to President Donald Trump's trade war, China is strengthening its alliances with other countries. Just a day after the United States and China agreed to a 90-day truce over tariffs, China presented a united front with Latin American leaders.
staf reporter
Published on 05-05-2025
If India-Pakistan Tensions Escalate into Prolonged Military Conflict, Pakistan’s Economy Could Collapse – Moody’s
Credit rating agency Moody’s has warned that following the April 22 terrorist attack in Pahalgam, Jammu and Kashmir, persistent tensions between India and Pakistan could severely damage Pakistan’s economic recovery, disrupt its access to external financing, and delay progress on its ongoing IMF program.
staf reporter
Published on 03-05-2025
President Donald Trump's Cryptocurrency Investment Increases Family Wealth by $2.9 Billion in the Last Six Months
a new claim has emerged stating that President Donald Trump’s investments in the cryptocurrency sector have increased his family’s wealth by $2.9 billion in the past six months. At the same time, his administration has also been following a policy of loosening government regulations in the digital currency industry.
staf reporter
Published on 24-04-2025
China Ready for Trade Talks with the US, But Says Washington Must Take the First Step – Beijing
While U.S. President Donald Trump has expressed optimism about a potential trade deal with China, analysts say Beijing is now in a position where it will not initiate dialogue until it sees "credible concessions" from Washington.
staf reporter
Published on 15-04-2025
Chinese President Xi Jinping is currently on a diplomatic tour of Southeast Asia
emphasizing China's commitment to free trade and presenting the nation as a source of "stability and certainty" amid global economic uncertainties. His visit includes stops in Vietnam, Malaysia, and Cambodia, aiming to strengthen economic ties and regional influence
staf reporter
Published on 11-04-2025
Chinese President Xi Jinping, during a meeting with Spanish Prime Minister Pedro Sánchez, called on China and the European Union (EU) to work together to safeguard globalization and stand against unilateral “tariff bullying.
“There are no winners in a tariff war. The EU plays a vital role in protecting global trade and economic stability,” Xi said. He added, “China has always viewed the EU as a major power and supports its unity and development.”
staf reporter
Published on 08-04-2025
No Plan to Suspend Tariffs – President Donald Trump
President Donald Trump said on Monday that he is "not considering taking a tariff break" and has no plans to do so. However, he expressed an open-minded approach to negotiating agreements with various countries.
staf reporter
Published on 05-04-2025
President Donald Trump-Xavier's Relationship and the Economic Equation for Argentina
Buenos Aires: U.S. President Donald Trump and Argentine President Javier Milei have built a special relationship. However, analysts say it is still unclear whether this relationship will be economically beneficial for Argentina.
staf reporter
Published on 04-04-2025
China Announces 34% Tariff on U.S. Goods Starting April 10, Says Foreign Ministry Spokesperson
Beijing: China announced on Friday that it will impose a 34% tariff on U.S. goods starting April 10. This comes one day after U.S. President Donald Trump announced a similar 34% tariff on Chinese goods as part of his response to China's tariff plans.
staf reporter
Published on 02-04-2025
President Donald Trump's New Tariff Policy Could Cause $3.1 Billion Loss to India Annually - CareEdge Ratings
A report from CareEdge Ratings states that U.S. President Donald Trump's new tariff plan could cause a loss of $3.1 billion, or 0.1% of India's GDP. The tariff plan will have a limited impact on India's exports but is expected to have only a minor effect on the country's overall GDP.
staf reporter
Published on 01-04-2025
April 2 – Liberation Day: New Import Tariffs to Be Introduced in Global Markets – White House Press Secretary Caroline Levitt
U.S. President Donald Trump has declared April 2 as 'Liberation Day' to implement his new import tariff policy
staf reporter
Published on 29-03-2025
French Company Ordered to Comply with U.S. Executive Order on Diversity, Equity, and Inclusion Policies - President Donald Trump
— The Trump administration has directed some French companies with U.S. government contracts to comply with his executive order banning Diversity
staf reporter
Published on 28-03-2025
"President Trump’s 25% tariff as a way to generate tax revenue, which will support his planned tax cuts
Those who have already established factories in the U.S. are pleased, but for those who have not, it may become a burden.
staf reporter
Published on 25-03-2025
President Erdoğan commits to achieving $100 billion trade goal with the U.S. during President Donald Trump’s second term
Turkish President Recep Tayyip Erdoğan said on Monday that it is possible Turkey–U.S. relations could gain new momentum during U.S
staf reporter
Published on 25-03-2025
President Vladimir Putin thanks the UAE for active mediation in Russia-Ukraine prisoner exchange
Russian President Vladimir Putin on Monday expressed his gratitude to the United Arab Emirates (UAE) for its active mediation efforts in facilitating prisoner exchanges between Russia and
staf reporter
Published on 24-03-2025
Prime Minister Narendra Modi Praised by China for Normalizing Border Situation with India
In a recent interview, Indian Prime Minister Narendra Modi made positive remarks about India-China relations,
staf reporter
Published on 21-03-2025
UAE Signs Agreement with the United States for $1.4 Trillion Investment in AI and Technology Sector
The United States and the United Arab Emirates (UAE) have signed a 10-year investment agreement worth $1.4 trillion
staf reporter
Published on 19-03-2025
Attacks on Tesla Showrooms Owned by Elon Musk, Rise in Extremist Political Uprising - US Administration to Take Harsh Measures
Seattle – Attacks on Tesla showrooms and service centers have been increasing in the United States and across the globe. Incidents such as Cybertrucks being set on fire, bullet and Molotov cocktail attacks have targeted Elon Musk's electric car manufacturing company.
staf reporter
Published on 19-03-2025
Finland’s President: Russia Must Accept Ceasefire Proposal Unconditionally
Finland’s President Alexander Stubb has stated that Russia must express a desire for "real peace" and accept the ceasefire proposal from U.S. President Donald Trump without any conditions.
staf reporter
Published on 19-03-2025
South Korea to Deploy 14,000 Police Officers for President Yoon Suk-yeol's Security
South Korean police announced on Wednesday that they would deploy 14,000 riot police officers in Seoul on the day of President Yoon Suk-yeol's impeachment ruling,
staf reporter
Published on 19-03-2025
Turkey’s Opposition Leader and President Erdogan’s Main Rival, Ekrem Imamoglu, Arrested on Corruption Charges
Istanbul, Turkey: Ekrem Imamoglu, the mayor of Istanbul and the main rival of Turkish President Recep Tayyip Erdogan, has been arrested by Turkish police on charges of corruption and links to terrorism. He was detained early Wednesday morning during a raid on his residence. According to the state-run Anadolu news agency, arrest warrants have been issued for nearly 100 people, including his close aide, Murat Ongun.
staf reporter
Published on 19-03-2025
Congo-Rwanda Ceasefire Talks in Qatar Mediated by Emir Sheikh Tamim: Presidents Tshisekedi and Kagame Meet
In Qatar, Presidents Felix Tshisekedi of the Democratic Republic of the Congo (DRC) and Paul Kagame of Rwanda held their first direct meeting. This meeting came after the Rwanda-backed M23 rebel group seized two major cities in eastern DRC.
Erik Cipher
Published on 17-03-2024
Personal tax filing for the 2023 tax year is underway in the United States
Meru Sikder, New York: Taxpayers have until April 15th to file their taxes without penalty.
Erik Cipher
Published on 07-03-2024
Some acne creams in the US contain carcinogenic ingredients
Several brands of skincare creams have been found to contain high levels of cancer-causing agent benzene.
Erik Cipher
Published on 13-02-2024
Myanmar soldiers to be sent back, their govt agreed: Home minister
Home Minister Asaduzzaman Khan on Tuesday said that the Myanmarese security forces who had fled to Bangladesh will be sent back to Myanmar very soon.
Erik Cipher
Published on 13-02-2024
Focus on rural dev along with infrastructure: PM Hasina
Prime Minister Sheikh Hasina on Tuesday put emphasis on the rural development along with building infrastructure.
Erik Cipher
Published on 11-02-2024
Eco-anxiety and Its Rising Psychological Burden
The current climate crisis, which has been lingering for decades in every region, is not unheard of.
Erik Cipher
Published on 09-02-2024
World’s Richest Woman Loses $7 Billion On L’Oreal’s Worst Day Since
The net worth of the world’s wealthiest woman Francoise Bettencourt Meyers fell precipitously Friday as shares of L’Oreal, the French beauty company
Erik Cipher
Published on 10-01-2024
Need to Save Money to Start a Business? Here’s the Best Approach
Trying to save money to start a business? You’re in good company, both present and past.
Erik Cipher
Published on 30-05-2023
Potential Threats Loom Over China’s Economic Stability
In recent years, China has emerged as a global economic powerhouse, but there are growing concerns about potential threats that could undermine its economic stability.
Erik Cipher
Published on 27-05-2023
Navigating the US Finance Landscape: Insights and Trends for Individuals and Businesses
The world of US finance is constantly evolving, influenced by economic policies, market fluctuations, technological advancements, and global events.
Erik Cipher
Published on 19-10-2024
Eco-anxiety and Its Rising Psychological Burden
The current climate crisis, which has been lingering for decades in every region, is not unheard of. Climate change is the defining issue of our time; an extreme issue. Climate change is undoubtedly the root of many other lingering issues,
