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Oil Prices Fall as Tariff Uncertainty and OPEC+ Output Plans Shake Market

Oil prices edged lower on concerns that U.S. tariffs could cut into demand and that crude supply would rise. Brent slid to $68.66, while W.T.I. dropped to $67.01. Growing U.S. crude inventories and soft Chinese service sector data also contributed, along with the pending July 9 deadline for a hike in U.S. tariffs on Chinese goods.
Jul 4, 2025
By Anshul Panda
cryptocurrency

After SVB's Collapse, Tech Leaders Apply to Launch New Digital Lender for AI and Crypto

A group of tech billionaires such as Anduril's Palmer Luckey and Founders Fund's Peter Thiel, have extended their support behind a new digital bank called Erebor. Tapping the opportunity left by Silicon Valley Bank, Erebor pursues AI, crypto, defense, and startup space. The Columbus-based bank's digital-only approach, including a stablecoin component, is targeted at positioning itself as a regulated leader in tech-focused finance.
Jul 3, 2025
By Anshul Panda
Melania Trump

'Deport Melania': Petition Calls for First Lady's Deportation Amid Trump's Immigration Crackdowns

A controversial online petition has gained traction demanding the deportation of former First Lady Melania Trump, her parents, and son Barron Trump. The petition, sparked by Donald Trump's intensified immigration policies, challenges the fairness of targeting immigrants while exempting his own family. It also reignites scrutiny around Melania's visa history and her family's immigration status.
Jul 3, 2025
By IBT News Desk
trump visits Alligator Alcatraz

What Is Florida's 'Alligator Alcatraz'? Trump's Visit Puts Spotlight on Controversial Migrant Camp

Florida has built a new migrant detention center in the middle of the Everglades, nicknamed "Alligator Alcatraz." Surrounded by swamps and wildlife, the site has space for thousands of people. It recently drew attention when Donald Trump visited it. While officials say it's safe and needed, many people are angry about its impact on people, nature, and tribal land
Jul 3, 2025
By IBT News Desk
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Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities

By IBTimes SG Desk
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