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CONSUMER SPENDING IN IRAN
'Going bankrupt': Iran shopkeepers struggle as war dims demandAt a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soa...- Rich countries on the debt frontline: How the Iran war is shifting world's risk map by squeezing America, Europe and JapanThe International Monetary Fund confronts increased borrowing costs and record debt levels among developed countries. As inflation rises, g...
- US stocks: US market posts weekly gains with earnings, inflation data on tapWall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo a...
- Donald Trump approval rating crashes among Republicans weeks ahead of November 3 US midterm electionsDonald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...
- Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yieldsUS equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P...
- As Democrats eye big midterm wins, Republicans look to turn the tables in some House districtsRepublicans are focusing on pivotal congressional races as they seek to gain ground in the midterms. Key issues include immigration and eco...
- Global Market: ECB may need further rate hikes as inflation risks remain elevated, Dolenc saysThe ECB may raise interest rates further as inflation risks remain tilted upward, with rates already at 2.5% and inflation at 3.8%. Policym...
- Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
- Why is the US stock market down today? Dow Jones, Nasdaq and S&P 500 in deep red — rising Treasury yields, oil prices and Fed uncertainty weigh on stocksWhy is the US stock market down today? The Dow Jones crashes today, falling 565 points, or 1.10%. The S&P 500 slipped 0.68% to 7,765.65, wh...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year highThe US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- As Brazil gears up for elections, US midterms signal a transformative year for global politics and democracyBrazil is preparing for a closely watched presidential election involving incumbent Luiz Inacio Lula da Silva and challenger Flavio Bolsona...
- Global factory activity boosted by AI spending boomAs AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturin...
- India can emerge as key rice supplier as global production falls 9% and demand rises 14%: IREFIndia's rice production is expected to decrease, while global demand is projected to rise significantly. The country possesses sufficient s...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
- Global Market Today: Asian shares rise as tech stocks lead, bonds in focusThe MSCI Asia Pacific Index climbed 0.6% with stocks in Japan and South Korea gaining. The moves came after gains for a key gauge of US sem...
- Global Market Today: Asian shares mixed as surging oil, Treasury yields weighEquity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and...
- US fuel economy standards: Trump admin set to roll out new regime for cars, light trucksThe Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to l...
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