The latest Disney release in the Star Wars universe has posted the smallest opening weekend ever for a Disney‑produced film in the franchise. Over the extended Memorial Day break, it earned only about $81 million on Friday‑Saturday‑Sunday, with a projected total of roughly $97 million when the fourt
India’s biggest car maker, Maruti Suzuki, is set to raise the price of its vehicles because the cost of making them has gone up. The price hike comes after a chain reaction that began in the Middle East, where fighting has made it harder for goods to move around the world and has pushed up fuel pric
Scaramucci points out that leaders in the West have promised more than they can deliver, leaving citizens to shoulder a growing debt burden. He notes that the U. S. national debt has climbed to about $39 trillion, surpassing the entire size of the economy and nearing $40 trillion by next election
The U. S. Senate gave the green light for Kevin Warsh to become the next head of the Federal Reserve on Wednesday. Warsh, a 56‑year‑old lawyer and former financier, was chosen by President Trump to lead the country’s central bank. He will step into a role that has been facing tough challenges,
Edmund Phelps proved that keeping jobs high forever isn’t possible without causing big problems later. He showed that trying to push unemployment too low usually just makes prices rise higher instead. This idea became a key rule for central banks worldwide. Phelps also proved that people’s expectati
President Trump has long claimed that his wealth and business experience give him a special ability to help ordinary Americans. Recently, however, he has said that the economic pain people feel from his war with Iran will not change his approach. In a brief interview, he answered that the figh
The last month, a survey of more than two thousand U. S. adults revealed that worry about money has reached new highs, and many feel less confident than they did a year ago. A majority say their pay isn’t keeping pace with rising prices, and most describe the economy as “uncertain. ” Gas prices
The Group of Seven finance ministers and central bank governors will gather in Paris next week to discuss a surge in long‑term borrowing costs that has rattled global markets. The meeting comes as the conflict between Iran and its rivals continues to disrupt oil flows through the Strait of Hormuz, a
Inflation stays higher than expected, with consumer prices up nearly 4% in the past year and wholesale costs climbing even faster. That makes traditional safe bets like US Treasury bonds and big tech stocks look shaky. Experts now suggest looking beyond the usual choices to shield against rising cos
The U. S. Senate is set to confirm Kevin Warsh as the new chair of the Federal Reserve, a move that could shape how the central bank tackles rising prices. Warsh, a seasoned lawyer and financier, will take over from Jerome Powell, whose term as chair ends this week. Although Powell will remain on th
