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TARIFFS AND RECESSION
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...- 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...
- OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
- Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
- Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before actingSpanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...
- Republicans clash with Trump over payouts tied to ‘weaponization’ claimsRepublicans in the US Congress are opposing President Donald Trump's proposed $1.776 billion fund for alleged victims of government weaponi...
- 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...
- US jobless aid filings fell to 209,000 last week as layoffs remain low despite economic uncertaintyJobless claims saw a dip last week, indicating continued low layoffs. However, the economy faces significant challenges. The Iran war has d...
- Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- US stocks today: US stocks extend rally as Nvidia gains; US-China talks, data in focusWall Street hit fresh intraday highs led by Nvidia’s AI-driven surge and Cisco’s upbeat outlook. Strong retail sales and stable jobless cla...
- US-China talks in Beijing expose fragile balance of global powerA pivotal summit between the US and China kicks off in Beijing today. President Donald Trump's impulsive style is set to clash with Preside...
- 'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and no...
- US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
- Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
- US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
- US stock market today: Dow Jones crashing today while the Nasdaq and S&P 500 hitting record highsThe Dow Jones is crashing as Nasdaq and S&P 500 hit record highs amid AI stock surge. The U.S. stock market today looks confusing at first ...
- US stocks today: Whirlpool shares plunge 12% as earnings cut, ‘recession-like’ conditions rattle investorsWhirlpool shares tumbled after the appliance maker cut its 2026 earnings outlook, suspended dividends and warned that weakening consumer de...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- US jobless aid filings fall to 189,000 despite economic headwinds and war in IranUS jobless claims dropped significantly last week, falling below 200,000. This occurred despite ongoing economic challenges, including the ...
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