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GLOBAL ECONOMIC RECESSION
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...- "We do not merely follow rules; we make rules": Rajnath Singh on India's growing global statureIndia now commands global attention and shapes international rules, according to Defence Minister Rajnath Singh. The nation is achieving si...
- A US-Canada trade war could leave everyone worse offThe United States imposed tariffs on Canadian goods after trade talks collapsed. Canada vows dollar-for-dollar retaliation, escalating trad...
- US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
- US unemployment claims dropped to 206,000 last week with layoffs still sparseUS weekly jobless claims fell to 206,000 last week from a revised 212,000, signalling that layoffs remain historically low despite higher e...
- McDonald’s nears elite dividend king status as next hike loomsMcDonald’s is one dividend increase away from becoming a Dividend King after 49 consecutive years of dividend growth. Its franchise-driven ...
- Hormuz traffic slows further after US threatens more economic pressure on IranTransit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...
- US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
- US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...
- US unemployment claims rise but remain at healthy levelUS jobless claims saw a slight increase last week, yet layoffs remain historically low. Current workers enjoy unusual job security as the l...
- Stock Market: Senate moves to advance Crypto Clarity Act in major win for Trump, industryUS Senate Majority Leader John Thune has moved to advance the Clarity Act, a proposed framework for regulating cryptocurrencies. The bill c...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- The surprising metrics of Goa's tourism boom led by traffic, villas and paneerAs flights and hotel occupancy fail to capture the number of tourists flocking to Goa, here are some unusual indicators that also mark the ...
- US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
- 100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
- Quote of the day by Barack Obama: "Hope is not blind optimism. It's not ignoring the..." — Inspiring life lessons on courage, resilience, leadership, purpose, determination, human potential, and why the greatest victories often begin when the odds seem impossible by the former US PresidentQuote of the day by Barack Obama: Barack Obama’s quote, "Hope is not blind optimism. It's not ignoring the enormity of the task ahead or th...
- Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
- Fed's 'ample reserves' approach is a focus of Warsh's balance sheet reviewFederal Reserve Chairman Kevin Warsh is reviewing interest rate policy and balance sheet management. The central bank is examining the ampl...
- Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
- What Warren Buffett learnt from buying his first stock at age of 11 amid World War IIWarren Buffett, commonly referred to as the ‘Oracle of Omaha', was born on August 30, 1930 in the town of Omaha, in the US. He studied unde...
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