Maryland Pushes PJM Power Market Reform
Data Centers Face Growing Scrutiny Maryland Governor Wes Moore is calling for reforms to PJM Interconnection, the largest electricity market in the United States, as rising power demand from data centers puts
EU Says Airlines Must Pay For Fuel Cancellations
Passenger Rights Stay In Force Airlines that cancel flights this summer because of jet fuel shortages or high fuel prices will still have to compensate passengers under European law, according to EU
Oakland Airport Keeps San Francisco Name
A Bay Area Airport Dispute Ends San Francisco has settled a two year legal dispute with Oakland over the naming of Oakland’s airport, ending a trademark fight that reflected both commercial competition
Mexico Injects $14B into Pemex to Ease Debt Burden
Bond buyback aims to restructure near-term liabilities Mexico’s government will inject nearly $14 billion into state oil firm Pemex, one of the world’s most indebted energy companies, according to a statement from
Mortgage rates steady, but fall outlook is uncertain
Buyers still face high barriers to entry The U.S. housing market continues to challenge first-time buyers, as home prices and mortgage interest rates remain elevated. As of August 21, the average 30-year
US Consumer Sentiment Falls in August
Inflation worries drive first decline in months Consumer sentiment weakened in August for the first time in four months as inflation concerns resurfaced. The University of Michigan’s latest survey showed year-ahead inflation
Trump Threatens 250% Tariffs on Drug Imports
Tariff escalation targets overseas pharmaceutical production President Donald Trump announced Tuesday that the U.S. may impose tariffs as high as 250% on pharmaceutical imports within the next 18 months. Speaking on CNBC’s
Swiss Industry Braces for Impact After 39% U.S. Tariff
Watchmakers and exporters hit hard as pharma gets temporary relief Swiss manufacturers are reeling from a sharp escalation in U.S. tariffs, with President Donald Trump announcing a 39% duty on Swiss imports
U.S. and China Hold Crucial Trade Talks in Stockholm
Negotiators seek 90-day extension to tariff truce Top economic officials from the United States and China met in Stockholm on Monday for over five hours in a renewed attempt to stabilize their
Auto Thefts in Canada Drop 19% Amid National Crackdown
Significant declines reported in Ontario and Quebec Auto thefts across Canada fell sharply in the first half of 2025, according to a new report from Équité Association, marking a major shift after
Fatal Incident Halts Flights at Milan Bergamo Airport
Man enters runway and is killed after running into aircraft engine Flight operations at Milan Bergamo International Airport were temporarily suspended on Tuesday morning after a man died upon entering the engine
Indonesia Offers U.S. Trade Deal With Wheat Buy, Tariff Cuts
Jakarta proposes near-zero tariffs and $500M wheat deal to ease tensions Indonesia has made a bold offer to the United States in a bid to ease trade tensions: the Southeast Asian nation
Ireland Ranks Second-Highest for Prices in Europe
Living costs soar 38% above EU average, Eurostat says Ireland is now the second most expensive country in Europe, just behind Denmark, according to the latest data from Eurostat. Prices across a