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US ECONOMY NEWS
Will peace get a chance, and bulls make a comeback? 5 large-cap stocks with an upside potential of up to 26%A peace deal, if it comes, will not mean the Gulf region has become stable. It will only mean that current tensions have been paused. The k...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Proposed US-Iran deal hinges on plan of sequenced rewardsPresident Donald Trump’s proposed Iran deal follows a phased approach under which the Strait of Hormuz would reopen first, while Iran would...
- Canada's Carney says middle-power countries should not compete for favor with the USCanadian Prime Minister Mark Carney is forging stronger links with Europe. He met with Ireland's leader and French President ahead of the G...
- Scientists found that ‘rivers in the sky’ are triggering ocean heatwaves in the North Pacific and North Atlantic, but their effect changes with the seasonsNew research reveals atmospheric rivers, powerful storms hitting the US West Coast, are a key factor in developing marine heatwaves. These ...
- Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...
- US military's plan for ground operation to seize Iran's Uranium was paused by Trump: ReportUS military leaders secretly briefed on a plan to enter Iran and seize nuclear material. Top General Dan Caine cut short a NATO meeting for...
- Trump's proposed Iran peace deal hinges on risky plan of sequenced rewardsA new Iran deal is taking shape. It focuses on reopening the Strait of Hormuz first. Iran will get economic benefits later as it meets US d...
- India bonds rise as oil slumps on Iran peace deal hopeIndian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...
- Iran says no final decision made on deal that Trump hopes could be signed soonPresident Trump announced a potential peace deal with Iran, aiming to reopen the Strait of Hormuz to shipping this weekend. While Trump cla...
- UAE and Iran conduct first face-to-face meeting to try deescalating Middle East tensionsUS-Iran war: Senior security officials from the United Arab Emirates and Iran met face-to-face for the first time since the US-Israeli war ...
- Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- Gold extends losses on US interest rate-hike fearsGold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent...
- Pakistan's interior minister is in Tehran as the US downs more Iranian drones over HormuzPakistan's interior minister is in Tehran to revive Iran-U.S. negotiations. This comes as U.S. forces downed Iranian drones near the Strait...
- Strait of Hormuz: Iran-U.S. war is far from over. Here's whyIran’s Revolutionary Guard said it had targeted the Ali Al Salem air base, which hosts U.S. forces in Kuwait, and the U.S. Navy’s 5th Fleet...
- A new exchange of fire with Iran tests fragile ceasefireTensions flare as Iran launches missiles and drones towards Bahrain and Kuwait. These attacks were intercepted. The US responded by strikin...
- Fed's Schmid says choice is between patience and rate hikes to tamp down inflationKansas City Fed President Jeffrey Schmid signaled the central bank may need to consider rate hikes as inflation hovers near 3.5%, staying a...
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