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Social Security Retirement Fund Will Run Dry in 2032, a Year Earlier

WASHINGTON, June 9 -- The fund that keeps tens of millions of older Americans out of poverty is now set to run empty a year sooner than the government said only twelve months ago. In their annual repo... Read More


US Must Refund $175 Billion in Trump Tariffs, and His Team Is Fighting It

WASHINGTON, June 9 -- Having lost at the Supreme Court, the administration that built its economic program on tariffs now has to hand back much of the money it collected under them, and it is fighting... Read More


North Korea's Economy Is Booming, Powered by Russia and China

SEOUL, June 9 -- The economy that decades of Western sanctions were designed to strangle is, by the best measures anyone has, in the middle of its strongest run in more than a decade. North Korea has ... Read More


Senate's Crypto Bill Has Five Corruption Holes. The Floor Vote Is the Last Chance to Close Them

New Delhi, June 9 -- The most consequential piece of crypto legislation in the world is one floor vote away from becoming American law. Before it gets there, it has five open wounds. not in some spec... Read More


IMF Warns Nigeria Over $5 Billion UAE Loan as Abuja Bypasses the West

ABUJA, June 9 -- When a developing country tries to raise money without passing through the West's front door, the West's institutions tend to notice. Nigeria is attempting exactly that, and the Inter... Read More


Taiwan Weighs Curbing AI Chip Exports to China to Align With the US

TAIPEI, June 9 -- The most important supply chain in the world runs through an island that China claims and the United States arms, and Washington wants Taipei to use it as a weapon. Taiwan is now con... Read More


Algeria Starts a Trans-Saharan Gas Pipeline to Europe as the Russia Boycott Bites

ALGIERS, June 9 -- When Europe turned away from Russian gas, it did not stop needing the gas. It needed a new place to get it. Last week the answer took physical form in the far south of Algeria, wher... Read More


GSK to Buy Cancer Drugmaker Nuvalent for $10.6 Billion in Its Biggest Deal in Years

LONDON, June 9 -- Every big drugmaker is running from the same clock, the day a blockbuster loses its patent and the revenue that came with it falls away. GSK's clock starts ticking in 2028, when its ... Read More


EU Unveils First-Ever Power to Fully Ban Foreign Crypto Exchanges Helping Russia Evade Sanctions

BRUSSELS, June 9 -- For two years the European Union played a naming game with Russia's shadow crypto network, and the network kept winning. Brussels would sanction an exchange, the exchange would col... Read More


Airline Profits Halve in 2026 as the War on Iran Drives Jet Fuel Higher

RIO DE JANEIRO, June 9 -- For a decade the Gulf's three biggest airlines turned a patch of desert into the crossroads of global aviation, routing the planet's long-haul traffic through Dubai, Doha and... Read More