Economy
In-depth coverage of economic shifts, trade agreements, industrial developments, local markets, and financial trends in Armenia and globally.
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Investors Rush to Secure Shares in National Stock Exchange of India Offering
India’s National Stock Exchange has seen a $10 billion response to its $2.3 billion IPO, signaling strong confidence in the country’s growing capital markets.
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Trump Pursues Belarus Potash Deal, Challenging Canadian Supply Dominance
President Trump is pursuing a potash deal with Belarus to lower fertilizer costs, challenging Canada’s 85% market dominance amid ongoing trade tensions.
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Omaha Public Schools Raises Property Taxes Following $50.6M Budget Error
The Omaha Public Schools board voted to raise property tax levies to fill a $50.6 million gap caused by an incorrect state aid calculation.
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Taylor Swift Effect Fuels Surge in ‘Wear by Erin Andrews’ NFL Apparel
Taylor Swift’s appearance in a $40 Chiefs tank top has caused a sell-out, highlighting the massive economic influence of celebrity endorsements on sports fashion.
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Ari Emanuel’s New Memoir ‘Roll the Calls’ Details His Path from Hollywood Agent to Media Mogul
Ari Emanuel’s new memoir, ‘Roll the Calls,’ offers a candid look at his aggressive management style, complex family dynamics, and the strategic growth of TKO Group.
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Wall Street Rallies as Easing Oil Prices and Bond Yields Boost Market Sentiment
Wall Street rallied as falling oil prices and lower bond yields eased inflation fears, pushing the S&P 500 near record highs amid a surge in tech stocks.
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Skytrax Crowns Singapore Airlines the World’s Leading Carrier for 2026
Singapore Airlines has been named the world’s best carrier at the 2026 World Airline Awards, edging out Qatar Airways in a ranking of over 300 global operators.
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Detroit Tigers’ Ballpark to Become Fifth Third Park in 2027
Detroit’s home stadium will be renamed Fifth Third Park in 2027 following a major banking merger, ending over 25 years of the Comerica Park identity.
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ASOS Appoints Celebrity Stylist Law Roach as First ‘Stylist in Residence’
ASOS has tapped renowned image architect Law Roach to serve as its first Stylist in Residence, aiming to boost consumer confidence through expert fashion guidance.
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Trump Announces Move to Source Fertilizer from Belarus in Trade Shift
US President Donald Trump is pursuing a major potash deal with Belarus, aiming to lower fertilizer costs while intensifying trade pressure on Canada.
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Oura Launches $2.2 Billion IPO with Focus on Shareholder Exit
Smart ring maker Oura is seeking $2.2 billion in its upcoming IPO, with the majority of proceeds earmarked to facilitate exits for existing institutional investors.
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Meta Shares Surge as Muse AI Assistant Drives Valuation Upward
Meta Platforms stock jumped after Wells Fargo raised its price target to $796, citing significant user traction for the new Muse AI assistant.
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Strategy Adds 950 Bitcoin to Holdings, Reaching 846,000 BTC
Strategy acquired 950 Bitcoin for $75.7 million, restoring its total holdings to 846,000 BTC alongside a $174 million preferred-stock buyback.
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Gold Prices Face Pressure as Dollar Nears Two-Month Highs
Gold prices dipped to $4,360 as a stronger dollar pressures bullion, yet investors continue increasing ETF holdings amid concerns over rising global debt.
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Meta Shares Rise as Wells Fargo Lifts Target Ahead of Connect Event
Meta Platforms shares climbed 6.83% following a price target hike by Wells Fargo and growing anticipation for the company’s annual Connect event starting Wednesday.