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PIMCO WARNING US ECONOMY
US, Iran explore phased deal to reopen Hormuz, lift economic blockade: ReportNegotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening t...
US weekly jobless claims decrease as labour market regains footingRecent data reveals that initial claims for unemployment benefits in the US have dipped, signaling a stronger labour market. However, busin...
Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
Oil prices edge lower as Iran says it is open to diplomacy to end the warOil prices dropped after a previous increase, with Brent crude futures falling by 0.9% to $102.13. Iran expressed willingness for diplomati...
US business activity expands fastest in five yearsRespondents primarily blamed higher fuel and transport costs, though a pickup in wages was also noted by many firms. "Business is clearly b...
Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
Trump warns AI race will decide global power, says US leads China ‘by a lot’US President Donald Trump rejected global efforts to control artificial intelligence, saying the US must maintain its lead over China and w...
OECD raises India's FY27 GDP growth forecast by 80 bps to 7.1%The OECD has raised its FY27 India growth forecast by 80 basis points to 7.1%, from 6.3% earlier, joining Fitch, S&P Global Ratings and Moo...
China's US ambassador warns on 'red lines' ahead of Trump, Xi meetingChina's ambassador to the US highlighted the importance of understanding red lines related to Taiwan and human rights. He emphasized that m...
Trump threatens to ‘annihilate’ Iran, says deal will come after US midtermsUS President Donald Trump delivered a sharply worded warning to Iran at the UN General Assembly, saying Tehran faces a choice between reach...
DeepSeek to brief UN Security Council on AI this week, sources sayThe 15-member Security Council is set to meet on Wednesday to discuss AI and international security, weeks after several AI industry leader...
'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...
US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
US ships in Indian Ocean will be attacked if war resumes, warns IranIranian Security Council Secretary Mohsen Rezaei has warned that US ships in the Indian Ocean will be targeted if fighting resumes, saying ...
US issues Iran travel warning, urges citizens to leave country amid rising West Asia tensionsUS Iran war: The United States has issued a fresh travel warning for Iran, urging citizens to leave immediately. Rising regional tensions a...
Iran warns against new escalation by US and alliesIran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an imp...
India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz saysJPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anti...