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Economy

Subcategories

Economy

Companies & Markets

SpaceX loses money

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Elon Musks company SpaceX shows new numbers. The firm loses 541 million dollar. But the income grows a lot.

Economy

Energy & Commodities

Oil firms make high profit despite war

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Big oil firms make much money from high prices. There is hope for an end to the ship block in the war.

Economy

International Trade

Attack on a ship in the Strait of Hormuz

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An attack happens on a ship in the Strait of Hormuz. A weapon hits the cargo ship. This puts the trade for oil and gas in danger.

Economy

Companies & Markets

The airline AUA saves money

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The airline Austrian Airlines loses much money. It stops flights from Vienna to Graz now.

Economy

Companies & Markets

Palantir makes much money with AI

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The firm Palantir has more money now. The trade with the US government is good. Boss Alex Karp criticizes other firms.

Economy

International Trade

US states sue Trump over tariffs

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25 US states fight against new tariffs by Donald Trump in court. They think the taxes on goods from 60 countries are against the law.

Economy

Other Economic Topics

Heat wave brings power crisis to Hungary and Romania

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Extreme water shortage in the Danube leads to power supply problems in Hungary and Romania. Factories stop work and nuclear power plants can barely cool.

Economy

Energy & Commodities

Romania blows up rocks in the river

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In Romania the water in the river is very low. A nuclear power plant needs water for cooling. Therefore the army now blows up rocks in the river.

Economy

Labor Market

More people have no work in Austria

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In July, more people in Austria have no work. Many women and older people look for a job. The situation is hard in some places.

Economy

Labor Market

More people have no work in Austria

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In July, more people have no job in Austria. The weak economy is the main reason for this.

Economy

Finance & Stock Market

USA and Japan help the Yen

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The Yen is weak. USA and Japan buy the money. This helps the world.

Economy

Energy & Commodities

OPEC+ allows more oil flow

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The oil group OPEC+ lets countries pump more oil. From September they pump more barrels every day. The price for oil is very high.