North America

US-UK trade deal: How good is Trump’s deal for America?

The Trump administration, which has seen markets panic at its tariff announcements, was eager to sell the announcement as significant, describing it as a "breakthrough". In the UK, Sir Keir Starmer, who also has incentive to want to be seen as a solid negotiator, called it "historic", while noting there was more work to be […]

Meta mulls stablecoins three years after Diem’s demise

Yesterday Fortune reported that Meta is exploring re-entering the stablecoin sector to use the digital currencies for payouts to creators. The social media firm was the founder of the Diem (formerly Libra) stablecoin project in June 2019. Libra sent central bankers into a collective panic, and was eventually blocked and shuttered in late 2021. However, […]

Canada’s F-35 Nightmare

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. There are "alternatives" to the U.S.-made F-35 fighter jet, Canadian Prime Minister Mark Carney said before winning a new term in office amid […]

Texas Roadhouse’s momentum in April blunts inflation risk nipping at its heels

Texas Roadhouse on Thursday evening reported a disappointing first quarter, with inclement weather dragging down comparable store sales. However, early signs of a stronger second quarter were giving investors hope, nudging the stock modestly higher in after-hours trading. Revenue in the quarter ended April 1 increased 9.6% year over year to $1.45 billion, exceeding the […]

Trump administration reverses Biden-era gas restrictions same day Energy secretary visits Georgia

GRIFFIN, Ga. (Atlanta News First) – U.S. Energy Secretary Chris Wright visited Georgia on Friday, the same day the Trump administration announced it was reversing a Biden-era policy restricting certain gas products. The announcement, made just minutes before Wright addressed employees at Rinnai American Corporation, essentially saved the company. Rinnai makes efficient, tankless hot water […]

Exclusive: Air India sees Pakistan airspace ban costing it $600 million over 12 months, seeks aid

Branding for Air India is seen on an Airbus A350-900 at the Farnborough International Airshow, in Farnborough, Britain, July 24, 2024. REUTERS/Toby Melville/File Photo Purchase Licensing Rights , opens new tab Summary Companies India, Pakistan tensions taking toll on aviation sector Pakistan airspace ban hits Indian carriers with longer routes Air India pushes government to […]

What challenges await the next pope? Chicago Catholics weigh in

As 133 Catholic cardinals —including Chicago’s Blase Cupich — enter the Sistine Chapel Wednesday to begin deliberating and electing a new pope, whoever emerges as pontiff from this conclave takes on a job that has changed dramatically in the last 12 years. On top of internal problems like fewer priests and the ongoing fallout of […]

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