Australia’s unemployment rate fell to 4.2 percent in July 2025, according to data released by the Australian Bureau of Statistics. The figure represents a slight improvement from the 4.3 percent recorded in June, which had been the highest level in four

The US dollar declined for a second consecutive session as fresh inflation data reinforced expectations that the Federal Reserve may begin cutting interest rates as early as September. The US Dollar Index (DXY) fell to 97.87, its lowest level since late July, amid

Spirit Airlines has issued a going-concern warning, raising doubts about its ability to continue operations within the next year, just five months after emerging from Chapter 11 bankruptcy protection. The low-cost carrier, based in Florida, cited persistent weak demand for domestic

United States President Donald Trump announced on Friday that he will meet Russian President Vladimir Putin in Alaska on 15 August to discuss a potential agreement aimed at ending the war in Ukraine. The meeting, which Trump described as a critical step toward achieving peace, comes

Switzerland is facing one of its most severe trade challenges in decades after the United States implemented a 39 percent tariff on Swiss exports, a rate among the highest imposed under President Donald Trump’s ongoing overhaul of global trade rules. The levy, which took

Signs are mounting that the United States may be entering a “stagflation-lite” phase, as inflation edges higher while economic growth slows and labor market indicators weaken. Economists and market analysts warn that the combination of sticky prices, slowing job creation, and policy