Economy
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How Artificial Intelligence Transforms Labor Markets and Wage Growth Across Asia
As artificial intelligence reshapes job demand across Asia, emerging economies face critical challenges in workforce adaptation and wage…
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Rising Oil Prices Pressure Corporate Earnings and Consumer Spending Amid Market Turbulence
Higher energy costs are squeezing profit margins in transport and manufacturing while fueling inflation, contributing to recent stock…
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Nasdaq and S&P 500 End Lower as Hot Inflation Data Fuels Selloff
New York, October 16 – US stocks took a hit on October 16 as inflation data showed a…
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Mortgage Rates Push DC Area September Sales to Near-20-Year Low
WASHINGTON, October 16 — Home sales in the Washington, D.C. region fell 8.4% in September compared to the…
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Stock market volatility rises as AI investment doubts and inflation concerns weigh on U.S. equities
U.S. stocks slipped from recent highs amid slowing AI revenue growth, rising inflation, and investor caution over interest…
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US stocks drop to their worst day since July as inflation worsens
NEW YORK — The S&P 500 posted its worst one‑day percentage drop since late July as hotter‑than‑expected inflation…
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Job Growth Slows, Unemployment Rises in September: BLS Report
WASHINGTON, October 9 — U.S. employers added 29,000 jobs in September, according to seasonally adjusted data from the…
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Tariffs’ Impact on Consumer Prices: Mechanism Explained
WASHINGTON, July 25 — The tariff, that most venerable of trade weapons, is having a moment once again…
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India’s Stock Market Slides in 2026 Even as the Economy Grows More Than 7%
Mumbai, October 6 — India’s stock market has underperformed despite strong economic growth, with the benchmark Sensex and…
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Kenya’s Growing Domestic Debt: Crowding Out Private Sector Credit
Nairobi, October 2, 2026 Kenya’s public debt stands at KSh13.2 trillion, with about KSh7.3 trillion being domestic debt.…
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Connecticut Payrolls Slip by 300 in August as Business Group Warns of Worker Shortage
HARTFORD, September 19 — Connecticut’s labor market contracted for an eighth straight month in August, the state Department…
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South Africa’s economic stagnation fuels persistent unemployment crisis
JOHANNESBURG, July 7 — For communities across South Africa, the struggle to find work has become a daily…
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Wall Street Ends Flat as 10-Year Yield Hits 5.20% and Brent Settles at $100
NEW YORK, September 25 — US stocks slipped as pressure from the bond market persisted and oil prices…
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Why Strong PMI Data Sent Stocks Lower in September 2026
NEW YORK, September 24 — The Nasdaq Composite fell 1% on Wednesday, September 23, one day after closing…
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RSM US Middle Market Index Holds Near Highs on Profits
NEW YORK, September 23 — The RSM US Middle Market Business Index came in at 111.8 for the…
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Missouri Adds 2,100 Jobs in August as Unemployment Falls to 3.5 Percent
JEFFERSON CITY, September 22 — Missouri added 2,100 nonfarm payroll jobs in August 2026, lifting total employment to…
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Refinery Losses and Russia’s Oil Revenue: The Economic Toll
KYIV, September 22 — Ukraine’s long-range strikes on Russian oil refineries have knocked out more than 45% of…
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Tariff ‘game’ threatens alcohol industry jobs, Goldberg says
BOSTON, September 19 — Massachusetts Treasurer Deb Goldberg accused President Donald Trump of playing a “game” with tariffs,…
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China Cuts US Treasury Holdings to an 18-Year Low as France and Canada Retreat
The numbers are stark. In 2012, foreign central banks and sovereign wealth funds held roughly half of all…
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GameStop Starts Reopening Closed Stores, With First Confirmed in Ohio on Sept. 11
GRAPEVINE, Texas, September 12 — GameStop is reopening recently closed stores nationwide, the company confirmed, a move that…
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Trump Administration Has Shed Roughly 9 Percent of the Federal Workforce, Estimates Say
WASHINGTON, September 17 — The Trump administration’s second-term assault on the federal regulatory apparatus has now produced measurable…
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Goldman Sachs: US Economy Rewards Capital Over Labor
NEW YORK, September 17 — Goldman Sachs has published research arguing that the US economy increasingly rewards ownership…
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Fed Hikes Rates a Quarter-Point, First Time Since 2023
WASHINGTON, September 16 — The Federal Reserve raised its benchmark interest rate by a quarter-point on Wednesday, the…
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Fed Raises Rates to 3.75%-4.00% as Inflation Hits 3.4%
WASHINGTON, September 17 — The Federal Reserve raised its benchmark interest rate by a quarter-point on Wednesday, the…
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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Nasdaq Suffers Biggest Drop in 19 Months as AI Regulatory Fears Trigger Market Sell-Off
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Citi Links Hormuz Reopening to Fed Rate Cuts and $5,000 Gold Target
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Airline Stocks to Watch: Fuel Costs, Earnings, and Oil Volatility Drive Sector Focus
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How Canada’s Real-Time Rail Modernizes Financial Networks and Boosts Business Efficiency
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Boeing 777 Freighter Conversions Face Supply Crunch as New Jets Delay
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Teen Pilots Rise: Safety Rules and Training Under Scrutiny
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Boeing 777X First Delivery Slips to Twenty Twenty Seven Nearly Decade Late
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Senate Demand on Musk Signals New Limits for Starlink Users
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Why Fraud and Phishing Now Dominate Gallagher New Zealand Cyber Insurance Claims
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Cotality Report: Louisiana Leads U.S. States in Extreme Weather Homeowner Losses
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Home Depot Stock Jumps 7% as Democrats Sweep Congress and Housing Hopes Rise
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Small Business Owners Face Harsh Collection on Pandemic Loans
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Why 7.4% Mortgage Rates Freeze Markets While 1970s Double-Digit Rates Did Not
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security
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Spain Withholds 12% of Olive Oil to Prop Up Prices
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Kotak Neo’s Banerjee Ties Gold, Rupee and Copper to Crude Volatility and Fed Rate Hikes
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El Niño and Iran War Drive Agricultural Commodity Prices to New Highs
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ICE Brent Hovers Near $110 as Middle East Tensions Keep Risk Premium High