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US ECONOMY RECESSION LATEST NEWS
US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
Nancy Guthrie Update: Sheriff Chris Nanos breaks silence on ransom notes, clears air on investigation as mystery continuesPima County Sheriff Chris Nanos has dismissed the credibility of a recent email in the Nancy Guthrie disappearance case. The 84-year-old mo...
Dow Jones hits record above 52,000 as Alphabet debuts in index, S&P 500 climbs and Nasdaq jumps over 2% as tech stocks lead Wall Street rally - here's how US stock market performed today (June 29)S&P 500, Dow Jones and Nasdaq today June 29: The US stock market started the shortened trading week with solid gains as the Dow Jones close...
Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
Pakistan, Bahrain discuss 'latest regional situation' amid renewed attacks by US, IranIn a bid to navigate the tumultuous regional landscape, Pakistan and Bahrain convened talks focused on heightened tensions between the US a...
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...
Quote of the Day by Jodi Picoult: 'A mathematical formula for happiness: Reality divided by Expectations. There were two ways to be happy: improve your reality or lower your expectations' teaches timeless lesson on ideal lifestyles, perfectionQuote of the Day by Jodi Picoult offers a timeless lesson about the relationship between reality and expectations. Happiness is neither ent...
Extreme heat watch: Hot, dry, windy weather hit Utah, Colorado, Arizona, New Mexico, fireworks restrictions orderedExtreme heat watch in U. S: A cold front on Sunday will bring winds that could push the fire in new directions before the weather starts st...
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
Nancy Guthrie case: Does a new video claim hold the key to the Nancy Guthrie mystery? Here's what the latest note claimsA new demand letter claims to possess video footage of Nancy Guthrie and her alleged main kidnapper on the day she likely died. The sender,...
British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Trade, tariffs & taste: American whiskey pushes for a fair pour in IndiaUS trade representative Jamieson Greer’s recent visit to New Delhi is seen as a key step toward finalising a US-India trade framework, with...
Dollar at 13-month high as rate hike bets, stock rout boost demandThe U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are fl...
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
Alan Greenspan, longtime Fed chair who shaped US economic policy for nearly two decades, dies at 100Former Federal Reserve Chairman Alan Greenspan, a towering figure in American economic policy, has passed away at 100. He guided the nation...
IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
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...