Economy
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Jerome Powell’s Path From Dillon Read to Two Terms as Federal Reserve Chair
WASHINGTON, July 9 — Jerome Powell’s tenure as chair of the Federal Reserve, which concludes in May 2026,…
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How Markets Have Reacted to Iran Escalations, From 2019 Tanker Attacks to 2026 War
NEW YORK, July 9 — The relationship between geopolitical shocks and stock market performance has a long, if…
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Dow Drops 499 Points After Trump Declares Iran Ceasefire Over
NEW YORK, July 8 — The Dow Jones Industrial Average suffered its worst single-day decline in four months…
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The S&P 500 at a Century: From 233 Stocks to the Market Itself
NEW YORK, July 8 — The S&P 500, the index that investors and economists alike treat as the…
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How the FOMC Sets US Interest Rates: Who Votes and What the Committee Controls
WASHINGTON, July 8 — The Federal Open Market Committee convenes its latest two-day policy meeting today in Washington,…
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49% of Americans Under 30 Live With a Parent as Housing Costs Climb
WASHINGTON — The calculus of American adulthood is being rewritten, and the numbers are stark. A seismic shift…
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Economic pressures push millennials to live with parents
ISLAMABAD, July 7 — A few years ago, living with parents after the age of 25 was often…
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Yen hits 40-year low, intensifying pressure on Bank of Japan
TOKYO, July 6 — The yen has fallen to 162 against the dollar for the first time in…
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Cliff Taylor: Nuclear sub tax comparisons reveal Ireland’s problem
DUBLIN, July 5 — The shift is subtle but unmistakable. Every July 4th, Ireland celebrates its deep economic…
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Hunter region set to gain $12b train manufacturing hub
SYDNEY, July 3 — New South Wales Premier Chris Minns is expected to pledge $12 billion to revive…
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Village Sports Club Takes Lloyds To The Financial Ombudsman Over Locked Account
Eight months. That is how long a 134-year-old sports club in Suffolk spent locked out of its own…
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Shanghai Composite Slips 0.5% to 3,926.96, With a Rebound Expected Friday
SHANGHAI, July 1 — The story of China’s stock market right now is one of steady, quiet momentum.…
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US Margin Debt Hits Record $1.42 Trillion After $112 Billion May Jump
NEW YORK — The money borrowed to buy stocks is now the most expensive it has been since…
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The World’s First Trillionaire Is a Flashing Red Light for Democracy
NEW YORK, June 28 — The red emergency light is flashing on America’s democracy dashboard, like a damaged…
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Florida Unemployment Rises Despite Major Company Influx
ORLANDO, June 24 — Florida’s unemployment rate has surged past 4.8%, climbing more than a percentage point over…
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Study: Low-income Irish households face €250 yearly rent hikes from air tourism by 2031
Low-income households across Ireland will be the first to feel the squeeze when air tourism drives rents up…
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Deloitte Says India’s Debt Market Is Not Equipped to Fund the Next Phase of Growth
MUMBAI — Walk into the treasury department of any mid-sized Indian manufacturer, and you will hear the same…
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Malaysia’s Human Resources Minister Says Up to 697,000 Jobs at Risk Without Reskilling
For roughly 697,000 Malaysian workers, the career they trained for may not exist in a decade. That is…
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Nasdaq’s SpaceX Fast-Track Rule Forces an Estimated $4.3 Billion of Index Fund Buying
The real trouble with the Trump bull market isn’t the hype. It’s the fine print nobody read until…
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An Anti-Progress Warning: Automating Needless Work and Calling It Innovation
NEW YORK, June 27 — What if the work we are so busy automating is needless? That is…
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Canada Backs a 51-Kilometre Road to a Cobalt-Gold Mine in Tlicho Country
YELLOWKNIFE, June 26 — The heavy equipment is already moving on the gravel roads that thread through the…
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Sixty-Day License Reopens Iranian Oil on a Temporary Legal Bridge
Middle East Talks, Fed Shift Drive Asia’s Mixed Session Behind the day’s choppy trading in Asian markets sits…
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McCain refuses mayors’ request to delay Hastings plant closure
The last processing season for the Hastings McCain plant is now set. January 31, 2027. After that, the…
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Kospi Falls 10.84% in Record One-Day Drop as Chip Sell-Off Halts Trading
The sell-off that slammed South Korea’s stock market Friday did not start in Seoul. It began in New…
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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