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BLEAK ECONOMIC DATA
India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...- The battle for Hormuz risks sparking the next Iran clashIran is now controlling passage through the Strait of Hormuz. This new arrangement could continue even after the current conflict ends. Gul...
- US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
- Intel stock jumps 12% to all-time high: why are INTC shares surging big today as Intel stock climbs from $20 to $97 in 8 months— is Trump the biggest winner? here’s what’s remaking the INTC storyIntel Stock Surges 12%: Apple Chip Deal Talks and a Blockbuster Q1 Remake the INTC Story. Intel stock delivered one of its most dramatic si...
- War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
- Why is Trump approval rating crashing in 2026? President Donald Trump approval falling even among Republican supporters — are 2026 midterm elections slipping away as voters turn against him?Trump approval rating economy crashes to 31% in 2026. That is the lowest level recorded this year. Voters are clearly worried. Inflation is...
- German GDP stagnation confirmed as inflation weighsGermany's economy stagnated in the second quarter, final official data confirmed Friday, adding to a bleak outlook as the country battles a...
- Europe’s top two economies contract as bloc already in recessionS&P Global’s flash purchasing manager index for France dropped to its lowest level since the pandemic-related disruptions of early 2021, fa...
- IMF says global economic outlook better than June prediction"The recent incoming data suggests that the outlook may be somewhat less dire than at the time of the (World Economic Outlook) update on Ju...
- Gold fights back after steep decline as slowdown fears persistSpot gold climbed 1.8% to $1,945.27 per ounce by 11:03 am EDT (1503 GMT), having dipped as much as 2.5% earlier. US gold futures rose 0.4% ...
- Gold eases on firmer equities, focus on US jobs dataThe metal gained about 2% on Thursday on the back of bleak US economic data.
- Gold prices rally amid fast rising coronavirus casesGlobally, gold prices fell on Friday as the dollar firmed, although they remained close to a more than one-week high.
- Gold prices dip as traders book profitsWith businesses shut in several cities in India amid rising threat of Covid-19, the economic situation remains precarious.
- Country's economic situation bleak: CPI(M) leader Sitaram YechuryYechury said his party along with other left & secular forces will continue to oppose anti-people policies by BJP government inside the Par...
- Rupee down 14 paise against dollar in early tradeThe rupee today lost 14 paise to 54.40 against the dollar in early trade on the Interbank Foreign Exchange.
- IT stocks slump led by TCS, InfosysStocks of IT companies slumped on the bourses today as near-term growth prospects for these outsourcing firms looked bleak amid weak global...
- Oil lower ahead of US energy reserves dataOil was lower in Asian trade today as investors awaited the release of a widely watched US overnment energy inventory report, analysts said.
- US economy expands, labor market soft: FedThe US economy continued to expand modestly on the back of consumer spending but the labor market remained bleak, the Federal Reserve said ...
- Dollar steadies in in Asian trade after blow from dataThe dollar found a steadier footing in Asian trade on Friday after losses sparked by weak US manufacturing data that stoked fears of a rece...
- Results fail to lift Wipro share; down 2.2%Shares of information technology company Wipro were trading lower Friday. The weakness in global market weighed down sentiments as results ...
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