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Economy News 14 August 2025 - 30 September 2025

Government Shutdown Showdown Rocks Markets as Stocks Rise and Gold Soars

Government Shutdown Showdown Rocks Markets as Stocks Rise and Gold Soars

Shutdown Stalemate in Washington The U.S. Capitol dome at sunset on Sept. 29, 2025, as Congress fails to reach a budget deal ahead of the deadline.As of Sept. 30, the federal government was hours from running out of funding amid a bitter political standoff. Lawmakers have been wrangling over a stopgap spending bill to extend funding into the new fiscal year (which begins Oct. 1) but failed to reach an agreement by Tuesday’s deadline reuters.com. In a high-profile White House meeting on Sept. 29, President Trump met with top Republicans and Democrats in a last-ditch effort to avert a shutdown
30 September 2025
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Nasdaq Rally Amid Tech Frenzy: Markets Brush Off Shutdown Fears in Late September 2025

Nasdaq Rally Amid Tech Frenzy: Markets Brush Off Shutdown Fears in Late September 2025

Key Facts: Market Performance Overview On Monday Sept. 29, U.S. stocks closed solidly higher, with the Nasdaq Composite up ~0.48% to 22,591.15 and the S&P 500 +0.26% reuters.com reuters.com. Tech shares drove the rally: investors continued “to buy heavyweight technology stocks” reuters.com. The Dow Jones rose ~0.15% on the session reuters.com. Futures for Tuesday’s open were essentially flat, as traders awaited the government funding deadline and key data (Tuesday’s consumer confidence and JOLTS report) tipranks.com. Major Nasdaq stocks played a starring role. Nvidia shares led chip stocks, rising about 2% investopedia.com (continuing a recent record run on AI demand). Apple
30 September 2025
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Iran’s Rial Crisis Deepens: USD Soars Past 1.08 Million on Black Market Amid Sanctions Fears (قیمت دلار)

Iran’s Rial Crisis Deepens: USD Soars Past 1.08 Million on Black Market Amid Sanctions Fears (قیمت دلار)

Official vs. Black-Market Rates in Iran Iran’s currency regime is highly tiered. State-backed exchange systems (for imports of essentials) quoted about 561,700 rials per $1 on Sept 27 trend.az. In currency shops (the SANA system) and the NIMA forex platform, $1 was around 692,500–719,800 rials during Sep 25–27 trend.az trend.az. By contrast, the free (open) market rate was vastly weaker – ~1,050,000–1,085,000 rials per $1. Bonbast and alanchand trackers showed prices spiking to ~1,085,500 IRR (108,550 tomans) on Sept 26 intellinews.com criticalthreats.org and holding above 1.08 million on Sept 27 trend.az trend.az. In short, Iranians needed roughly twice as many
27 September 2025
Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Key Facts (2024–2025): Historical Development (1980s–2010s) Luxembourg’s space ambitions began in the mid-1980s. In 1985 the government launched SES (Société Européenne des Satellites), Europe’s first private satellite operator ses.com. SES’s inaugural Astra 1A satellite was launched in 1988, opening up direct-to-home TV across Europe ses.com. Throughout the 1990s and 2000s SES expanded globally, acquiring U.S. satellites and building a fleet that today covers most of the Earth ses.com ses.com. Luxembourg joined the European Space Agency (ESA) in 2005, cementing its role in Europe’s space efforts gouvernement.lu. However, for decades space in Luxembourg was largely limited to satcom and broadcasting. In
14 September 2025
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India’s Space Industry Skyrockets: From ISRO’s Legacy to a $77 Billion Future

India’s Space Industry Skyrockets: From ISRO’s Legacy to a $77 Billion Future

Key Facts: Introduction India’s space and satellite industry is undergoing a transformative boom, turning the country into one of the hottest “new space” markets to watch. Long synonymous with ISRO’s thrifty but trailblazing missions – such as the Mars Orbiter Mission that reached the red planet in 2014 for just $74 M (cheaper than the Hollywood movie Gravity) reuters.com – India is now leveraging that legacy to build a vibrant commercial space ecosystem. In recent years, a series of government reforms, startup successes, and high-profile missions have dramatically changed the landscape. The once entirely state-driven program is opening up to private
7 September 2025
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Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

On August 13, 2025, the S&P 500 and Nasdaq closed at record highs as the Dow jumped about 1.04% (over 460 points) with traders pricing in a 25-basis-point Fed rate cut by the September meeting. Bitcoin hit an all-time high above $124,000 on August 14, 2025, supported by rate-cut bets and pro-crypto policy moves. Bullish, a cryptocurrency exchange operator, priced at $37 and debuted on the NYSE on August 13, 2025, with the stock surging to as high as $118 intraday and a market cap near $13.2 billion. Do Kwon, founder of Terraform Labs, pleaded guilty to U.S. fraud charges
14 August 2025
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Stock Market Today

Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
SYDNEY, Feb 7, 2026, 17:41 AEDT — Market closed Wesfarmers shares ended Friday down 1.33% at A$85.04, trimming a sharp gain a day earlier as the Australian market slid into the weekend. (wesfarmers.com.au) Why it matters now is timing. Australia’s reporting season is starting to bite, and Wesfarmers’ half-year results are due on Feb. 19, a date investors have been circling as they look for a read on household demand and margins across the group. (wesfarmers.com.au) The broader tape has not been calm. A week of heavy moves in commodities and tech has pushed investors to cut exposure to cyclical
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