The U.S. federal government has reached a historic milestone, with its total public debt surpassing $34 trillion for the first time, according to the U.S. Treasury Department’s latest report. This alarming increase
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In 2023, the U.S. new vehicle market witnessed a modest yet noteworthy increase in sales, primarily propelled by the persistent demand for crossover SUVs and pickup trucks. This upturn was instrumental in
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A former employee of Vitol, the world’s largest oil trader, is about to face trial in the United States this week for alleged bribery of officials in Ecuador to secure a $300
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Saudi Arabia’s stock market got off to a promising start in 2024, riding high on the anticipation of interest rate cuts by the U.S. Federal Reserve later in the year. This positive
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The FDA has raised concerns about the production of Axiofill, stating that it involves more than “minimal manipulation,” a claim vehemently disputed by the company behind the product. This revelation comes after
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Li Auto Inc, a prominent Chinese automotive company, has revealed its plans to debut its first all-electric vehicle in March, with deliveries commencing around the same time. This announcement comes as a
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According to a report published on January 1st, Saudi Arabia’s Public Investment Fund (PIF) played a significant role in global sovereign wealth fund spending in 2023, accounting for approximately 25% of the
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In a year-end report, U.S. Supreme Court Chief Justice John Roberts has offered a nuanced perspective on the impact of artificial intelligence (AI) on the legal field. He emphasized the need for
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Switzerland’s financial regulatory body, FINMA, is actively considering the implementation of measures to claw back bonuses from bankers in the wake of Credit Suisse’s recent troubles and its subsequent sale to UBS.
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Fisker, the California-based electric vehicle manufacturer, reported a remarkable surge in electric vehicle deliveries during the final quarter of the year, with numbers exceeding four times the previous figures. This surge in
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