‘Disorder, fright and confusion’: looking back at the devastating Wall Street crash of 1929

FERC's recent decision to eliminate 53 outdated rules is a significant step towards modernizing energy regulation in the U.S. This move aligns with Trump's zero-based regulatory budgeting approach, aiming to streamline processes and enhance efficiency in the energy sector. By cutting through the red tape, FERC is paving the way for a more adaptive and responsive regulatory environment, which could lead to innovations and improvements in energy management.

The ongoing US-China trade war is casting a shadow over the global economic outlook, as both nations continue to impose tariffs and trade restrictions. This situation is being referred to as the 'new normal,' indicating that businesses and economies worldwide may need to adapt to a prolonged period of uncertainty. The implications of this trade conflict are significant, affecting supply chains, market stability, and international relations, making it crucial for stakeholders to navigate these challenges carefully.

The article explores the significant impact of the AI boom on the US semiconductor and hardware industries over the past two years. It highlights how companies in these sectors have adapted and thrived, benefiting from increased demand for AI technologies. This matters because understanding which players have gained the most can provide insights into future trends and investment opportunities in the tech landscape.

Australian Prime Minister Anthony Albanese is set to meet with US President Donald Trump to discuss the crucial supply chain of rare earth materials. This meeting is significant as it highlights the growing importance of these materials in global technology and manufacturing, and the collaboration between Australia and the US could strengthen their economic ties.

A dark tanker has been spotted transferring liquefied natural gas from a US-sanctioned Russian export facility off the coast of Malaysia. This unusual open-water transfer highlights the lengths to which Russia is going to circumvent Western sanctions, raising concerns about the effectiveness of these restrictions and the ongoing geopolitical tensions surrounding energy supplies.

This week on Wall Street was marked by volatility but ended on a positive note, driven by strong earnings from major banks and ongoing tensions in the U.S.-China trade war. The earnings season kicked off with many companies exceeding expectations, which is a good sign for investors. However, regional lenders raised concerns about delinquencies, adding some uncertainty to the market. Overall, the resilience shown by major players suggests a potential for growth despite the challenges.

Arrow Electronics has announced that the US trade restrictions affecting its Chinese affiliates are being reversed, which is a significant development for the company and its operations. This change could lead to improved business relations and opportunities in the Chinese market, benefiting both Arrow and its partners. It highlights a potential shift in trade policies that could foster better economic ties between the US and China.

Thousands of people gathered across the United States for the No Kings protests, expressing their opposition to what they perceive as Donald Trump's autocratic behavior and anti-democratic actions. This significant turnout, building on earlier protests, highlights widespread frustration over various administration policies, including the prosecution of political opponents and aggressive immigration enforcement. These protests matter as they reflect a growing concern among citizens about the state of democracy and governance in the country.

Energy Secretary Ed Miliband has hinted that the government may consider cutting the VAT rate on energy bills to help alleviate the cost-of-living crisis affecting many households. This potential move is significant as it could provide much-needed financial relief to families struggling with rising energy costs, making it a topic of great interest for citizens concerned about their budgets.

The Louvre Museum in Paris was closed for the day following a daring heist where thieves made off with jewels of 'inestimable' historical value from the Galerie d’Apollon, which houses a royal collection. This incident not only raises concerns about security at one of the world's most famous museums but also highlights the ongoing issue of art theft, which can have lasting impacts on cultural heritage.

The ceasefire in Gaza is facing significant strain following recent Israeli air strikes in the southern region. These strikes were launched in response to accusations that Palestinian militants had attacked Israeli forces. This escalation is concerning as it threatens to undermine the fragile peace and could lead to further violence, impacting civilians and regional stability.

The recent clinical trial of raludotatug deruxtecan has shown a promising 50.5% response rate in patients with ovarian cancer. This is significant as it highlights a potential new treatment option for a disease that often has limited effective therapies. The results could pave the way for further research and development, offering hope to many who are battling this challenging condition.

Saudi Arabia's stock market faced a slight decline, with the Tadawul All Share index dropping by 0.05% at the close of trade. This dip reflects ongoing market volatility and investor sentiment, which could impact economic confidence in the region. Monitoring these trends is crucial for understanding the broader economic landscape.

The UK government, led by Ed Miliband, has pledged to create 400,000 jobs in the clean energy sector, emphasizing the need for development to reduce energy bills for consumers. This initiative not only aims to boost employment but also addresses the pressing issue of rising energy costs, making it a significant step towards a sustainable future. By investing in clean energy, the government hopes to create a more resilient economy while tackling climate change.