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RECESSION SIGNS IN THE US
Trump blows through his Iran red lines in justifying peace dealPresident Trump signaled a significant shift in US policy towards Iran, seemingly abandoning key "red lines" previously used to justify mil...- US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
- 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...
- Key US government surveillance program is set to expire. A look at what that meansA vital US spy program, Section 702, has expired. Congress failed to extend its powers. This tool helps prevent terror attacks and track fo...
- 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...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
- What is oil price prediction for Monday? Oil prices fall as US-Iran ceasefire talks support market sentimentWhat is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the Un...
- US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
- US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
- Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
- 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.
- S&P 500 may plunge 30 per cent as U.S. stocks likely to witness major correction, economy could slip into recession, warns legendary economistEconomist Gary Shilling has made shocking predictions about U.S. stock market including S&P 500 and recession that may grip the country's e...
- One of the world's top economists just dropped a chilling 8-week recession ultimatum — here's what must happen nowGlobal recession warning: The global economy faces an urgent 4-to-8-week deadline to avert a recession, with a key oil route's reopening be...
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