EconomyLens.com

New York (AFP) – Wall Street stocks rallied and oil prices tumbled Thursday after President Donald Trump pulled back from renewed US strikes on Iran, while European equities edged higher after the ECB raised interest rates. Trump jolted markets near 1730 GMT by announcing he was calling off new attacks on Iran, while flagging a possible peace deal that he later claimed had be...

Washington (United States) (AFP) – SpaceX is inviting investors to bet on Elon Musk’s vision of AI data centers in space and humans on Mars. It’s a gamble that comes with limited voting rights, restricted ability to sue, and a business that is currently losing billions of dollars a year.

– **Magic touch** – Musk’s celebrity and his track record turning ...

Frankfurt (Germany) (AFP) – The European Central Bank raised its benchmark interest rate Thursday for the first time since 2023 as the Middle East war stokes inflation, rejecting criticism that the move could hit growth in the struggling eurozone. The ECB lifted its deposit rate a quarter point to 2.25 percent, becoming the first major central bank to tighten monetary policy ...

London (AFP) – European and US stocks rose Thursday while oil prices wavered following the latest flare-up in the Middle East war, with investors also assessing the outlook for US and European interest rates as inflation rises. The European Central Bank, as widely expected, raised interest rates for the first time since 2023 after the Iran war sent oil and gas prices soaring ...

New York (AFP) – Elon Musk defines himself as an engineer trying to save humanity, while his critics call him a far-right showman who overpromises and underdelivers. Either way, he is the world’s richest person and the founder of some of the most high-profile companies on the planet. Here is a look at his business empire as his space and AI company SpaceX prepares to sell sha...