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Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...- Crypto market crash: Why Bitcoin, XRP, Ethereum and altcoins are down today? Latest crypto market news and price analysis as BTC falls below $60,000, ETH plunges nearly 12%, and the Nasdaq Crypto Index drops almost 7%Why is the crypto market down today? Bitcoin, Ethereum, XRP, Litecoin, and major altcoins plunged as ETF demand weakened. The cryptocurrenc...
- Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
- Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
- US Stock Market: Hawkish Fed voices grow louder amid energy-driven inflation surgeA growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This c...
- Global clean-energy manufacturing supply far exceeds demandGlobal clean-energy manufacturing capacity now exceeds demand. Asia, led by China, dominates production, pushing prices down. This oversupp...
- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- Psychology says women often feel the need to control everything at home and it is not OCD but generational mental loadThe psychology behind women wanting things done a certain way often points to a deeper link between stress, mental load, anxiety and social...
- US Fed chair Kevin Warsh says will be 'reform-oriented' at glitzy White House swearing-inNew US Federal Reserve chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Dona...
- Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
- Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.
- Walmart and Amazon race to win over rural America with speedier deliveriesWalmart and Amazon are aggressively expanding online delivery services into rural America, a market previously overlooked due to logistical...
- Gold heads for weekly loss on oil-driven inflation fears; markets eye Trump-Xi talksGold prices dipped to a one-week low, heading for a weekly fall. Rising energy costs are sparking inflation worries and the prospect of sus...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Quote of the day by Simone Weil: 'Petroleum is a more likely cause of international conflict than...' – French philosopher and mystic's warning on global conflict, power, energy politics and how oil drives war and the economyQuote of the day by Simone Weil: Simone Weil's observation that petroleum is a more likely cause of international conflict than wheat highl...
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
- Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
- US stocks today: S&P 500 and Nasdaq notch records, boosted by AI and earnings optimismThe S&P 500 and Nasdaq reached record highs, driven by AI-related stocks like Nvidia and Sandisk, alongside a resilient jobs report. Despit...
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