Working parents struggle to balance job and family demands
A new Pew survey reveals that a majority of working parents feel unable to give full effort to either their careers or their home lives. The report highlights severe time poverty and burnout among parents juggling professional responsibilities with childcare. Advocates point to paid sick leave and more affordable childcare as policy solutions that could ease the burden.
SpaceX has surpassed Amazon in market valuation to become the fifth most valuable company globally, trailing only Microsoft and other tech giants. Elon Musk's net worth has reached a staggering $1.4 trillion, fueled by SpaceX's soaring valuation and its continued dominance in the aerospace and satellite industries. The milestone marks a seismic shift in the pecking order of the world's largest corporations.
The World Gold Council reports that approximately 90% of central banks plan to increase their gold holdings, reflecting a sustained de-dollarization trend amid global instability. This surge in bullion demand signals waning confidence in the US dollar as the world's primary reserve currency. Central banks are also taking new steps to securely store their growing reserves.
Oil prices have fallen to their lowest levels in three months following a tentative agreement between the United States and Iran to end their war. Global stock markets rallied on the news, but energy experts caution that higher prices for gas, groceries and flights could persist as oil and gas supplies may take months to return to normal. The deal's long-term impact on energy markets remains uncertain.
As the tentative US-Iran agreement takes shape, analysts are parsing what has been agreed and what remains unresolved. Market watchers are focused on the implications for inflation, with former Fed governor Kevin Warsh noting the deal simplifies the inflation outlook. With the Iran conflict cooling, President Trump is now expected to refocus on tariff policy, adding another layer of uncertainty for global trade.