Economy

US Stocks Rebound as Asia Slides on War Fears

Felipe Cardona March 4, 2026

Oil prices paused their sharp rally on Wednesday, giving Wall Street and European markets room to recover after days of turbulence triggered by escalating conflict in the Middle East. Investors remain cautious, weighing the risk of prolonged disruptions to global energy flows while reacting to signs that diplomatic channels may

Dow Plunges as Middle East War Fears Escalate

Felipe Cardona March 3, 2026

Global markets recoiled for a second consecutive session as investors grappled with the possibility that the expanding conflict involving Iran could evolve into a prolonged and destabilizing war. Mounting geopolitical uncertainty sent equities sharply lower, boosted energy prices, and reignited fears that inflation could remain stubbornly high in the months

Oil Prices Jump as Iran Conflict Escalates

Felipe Cardona March 2, 2026

Global oil markets jolted higher as the conflict involving Iran entered its third day, sending crude prices up roughly 8% and rattling equity investors worldwide. The spike followed escalating military action and mounting fears that vital energy corridors could face prolonged disruption. Benchmark crude futures climbed sharply when trading reopened,

Nasdaq and S&P Face Sharp Monthly Decline

Felipe Cardona February 27, 2026

Technology stocks are no longer driving the US market with the same force that defined the past several years. After an extended rally fueled by optimism around artificial intelligence and productivity gains, the momentum has faded, leaving major indexes vulnerable to their weakest monthly performance since March. While volatility has

Mortgage Rates Drop Below 6%

Felipe Cardona February 26, 2026

U.S. mortgage rates have slipped below 6% for the first time in nearly two years, marking a significant psychological milestone for homebuyers and homeowners alike. The average 30-year fixed mortgage now stands at 5.98%, according to the latest data from the Federal Home Loan Mortgage Corporation, widely known as Freddie

AI Smartphones Push Proactive Assistants

Felipe Cardona February 25, 2026

Artificial intelligence is rapidly reshaping how people search for information, complete assignments, and communicate. Yet the devices most commonly used to access these tools — smartphones — have evolved more gradually. Now, two technology giants are accelerating efforts to embed AI deeper into everyday mobile experiences, signaling a shift toward

Spirit Airlines Bankruptcy Deal Secures Survival

Felipe Cardona February 24, 2026

Spirit Airlines has struck a crucial agreement with creditors that will allow the ultra-low-cost carrier to emerge from bankruptcy protection and avoid liquidation, marking a pivotal moment for one of the most recognizable budget airlines in the United States. The company confirmed that the restructuring plan is expected to take

Bilt’s New Credit Cards Raise Complexity Concerns

Felipe Cardona February 23, 2026

Bilt Rewards entered the market in 2021 with a compelling promise: earn transferable loyalty points on rent payments, one of the largest monthly expenses for many Americans. That simple value proposition helped the program stand out in a crowded credit card landscape. Now, with the launch of three redesigned credit

Trump Blasts Supreme Court Over Tariff Ruling

Felipe Cardona February 21, 2026

President Donald Trump sharply criticized the Supreme Court after it struck down a cornerstone of his tariff policy, marking a dramatic turn in his relationship with several conservative justices he once praised. The decision invalidated broad trade duties imposed during the early days of his second term, dealing a significant

Oil Prices at Risk as US Weighs Iran Strike

Felipe Cardona February 20, 2026

President Donald Trump is weighing whether the United States should launch a military strike against Iran, a nation that holds the world’s third-largest proven oil reserves and oversees one of the most strategically critical maritime corridors for energy shipments. The mere possibility of military escalation has already rattled global markets,

How the 1994 FIFA World Cup Transformed Soccer in the United States

Sarah Olivella May 9, 2026

A niche sport that found its defining moment For decades, soccer was widely considered a marginal sport in the United States, overshadowed by American football, baseball, and basketball. That perception began to shift dramatically with the arrival of the 1994 FIFA World Cup. The tournament opened with a powerful signal

U.S. Industry and Diplomatic Leaders Strengthen Strategic Alliance at CEA General Assembly in Bogotá

Sarah Olivella May 9, 2026

High-Level U.S. and Colombian Leaders Convene to Economic Cooperation BOGOTÁ, Colombia — April 29, 2026 — In a significant demonstration of strengthening economic and industrial ties between the United States and Colombia, leading executives, diplomats, and representatives of American enterprise gathered during the General Assembly of the Colombian-American Enterprises Council

Hantavirus Contact Tracing Effort Expands Across Multiple Countries

SMGN Publishing May 9, 2026

Public health officials across several countries are intensifying efforts to track and monitor passengers connected to a suspected hantavirus outbreak aboard the MV Honius cruise ship. This follows after dozens of travelers dispersed internationally before the illness was identified. In light of this situation, hantavirus contact tracing has become a