Economy & Finance
The economy in motion: inflation, interest rates and central banks, markets and currencies, trade and tariffs, public budgets, jobs and wages.
US Treasury Yields Cross 5% Threshold in Trading Day Commentary
US Treasury yields have crossed the 5% threshold, marking a significant shift in bond markets with potential implications for borrowing costs and economic cond…
MediumTrump Aide Calls for Powell's Exit From Federal Reserve
A Trump economic advisor called for Federal Reserve Chair Jerome Powell to step down, citing his extended tenure as unprecedented. The DOJ declined to reopen a…
HighCanada Must Accelerate Digital Trade Pact Membership to Shape Global Rules
Canada should accelerate its membership in the Digital Economy Partnership Agreement, a 2020 pact launched by Chile, New Zealand and Singapore that addresses d…
MediumRBNZ Raises OCR to 2.50% as Breman Signals Cautious Path Forward
New Zealand's central bank raised its Official Cash Rate by 25 basis points to 2.5%, signaling a measured tightening cycle as inflation concerns persist despit…
HighBorse incerte nel nuovo trimestre, sterlina rimbalza e petrolio sale in attesa dei tagli Opec+
I mercati occidentali aprono il nuovo trimestre con incertezza dopo tre mesi di ribassi non visti dalla Grande Recessione, con tensioni su sterlina, Credit Sui…
HighCitadel acquires most of Situational's stock holdings after AI market downturn
Citadel has purchased most of Situational's stock holdings following a significant decline in AI-related shares, according to sources familiar with the transac…
HighThakkar Sees Sideways-to-Negative Nifty Bias as Crude Weighs; Recommends LTM, Dr Reddy's Buys and Oberoi Realty Sell
ICICI Securities' Jay Thakkar recommends buying LTM and Dr Reddy's futures and selling Oberoi Realty futures as Nifty 50 faces pressure from high crude prices…
MediumWorld's Wealthiest Nations: Top 10 Luxury Travel Destinations by GDP Per Capita
Times of India highlights the 10 countries with highest GDP per capita as ideal luxury travel destinations, featuring exclusive experiences from private yachts…
MediumHundreds of thousands face job losses as UK furlough scheme ends
The UK's furlough scheme ends next month after supporting 11 million workers during lockdown, with fears hundreds of thousands could face redundancy rather tha…
HighDAP Youth Deputy Chief Calls Bersama's RON95 Price-Float Proposal Unrealistic
DAP Youth deputy chief Raja Ahmad Iskandar Fareez calls Bersama's proposal to float RON95 petrol prices below US$70 crude unrealistic, citing Middle East volat…
MediumFirst-home buyer's low-ball strategy backfires at Potts Point auction
A first-home buyer missed out on a Potts Point art deco apartment after declining to increase his $880,000 offer, which sold at auction for $922,500 to an inve…
HighSuprema Corte dos EUA barra tentativa de Trump de demitir diretora do Fed Lisa Cook
A Suprema Corte dos EUA rejeitou, por 5 a 4, a tentativa de Trump de demitir a diretora do Federal Reserve Lisa Cook, reforçando a independência do banco centr…
HighElevra Lithium to Report Q2 Results in USD, Shifts Currency Presentation
Elevra Lithium announces Q4 2025 results release and switches presentation currency from AUD to USD effective July 2025 to better reflect revenue generation an…
HighTarget doubles profit on $1bn tariff refund windfall
Target reports doubled profits in Q2 2026, significantly aided by a $1 billion tariff refund. The retail giant's turnaround strategy is accelerating, prompting…
HighIndia seeks aligned standards with Africa to unlock $3.4T trade potential
India's Commerce Minister Piyush Goyal calls for aligning standards and customs procedures with Africa to boost bilateral trade, citing combined economic poten…
HighMusk Reclaims Trillionaire Status as SpaceX Stock Surges Post-IPO
SpaceX stock climbed to its highest level since June following its IPO, pushing Elon Musk's net worth back above $1 trillion as investors reassess the company'…
HighAsia shares rise as chip sector stabilizes ahead of US inflation data
Asian stock markets gained ground as semiconductor sector selling pressure eased, with investors awaiting US inflation data that could influence monetary polic…
HighTrump's Trade Orders Reignite U.S.-Canada Tensions Over Tariffs and Product Bans
Trump administration has signed orders banning Canadian dairy, alcohol, and motorcycles from U.S. markets, escalating trade tensions and prompting Canadian ret…
HighRBI Holds Repo Rate at 5.25%, Offering Temporary Relief to Home Loan Borrowers
The RBI maintained its repo rate at 5.25% for the fourth consecutive meeting, providing temporary relief to floating-rate home loan borrowers. However, rising…
HighMercato auto europeo in calo a giugno, Italia peggiore con -17,4%
Il mercato europeo delle autovetture contrae del 5,1% a giugno, con l'Italia che registra il peggior risultato tra i principali mercati europei con un calo del…
HighU.S. Dollar Dominance Gives Washington Outsized Economic Leverage Over Africa
U.S. sanctions leverage through dollar dominance in global finance creates compliance challenges for African businesses and governments, raising questions abou…
HighChina's Export Surge Masks Domestic Economic Weakness
China's economic growth is increasingly dependent on exports as domestic demand weakens due to housing crisis, low consumer spending, and declining investment.
HighSarawak hoteliers seek Budget 2027 support to combat rising operating costs
Sarawak hotel operators are urging the government to include targeted support and incentives in Budget 2027 to address escalating operating costs, particularly…
HighEllison's Net Worth Drops $11 Billion as Oracle Hits Four-Month Low Amid $20 Billion AI Financing Push
Oracle shares fell to a four-month low, cutting Larry Ellison's net worth by $11 billion, as the company files to raise $20 billion in new stock and bonds to f…
MediumIbovespa hits lowest point since Nov 2020 amid recession fears and fiscal concerns
Brazil's main stock index Ibovespa fell 1.45% to 98,080 points, marking its lowest level since November 2020, driven by global recession fears and fiscal conce…
HighAstros Acquire All-Star Pitcher Kikuchi From Blue Jays
The Houston Astros acquired left-handed starter Yusei Kikuchi from Toronto, sending prospect Jake Bloss in return. The move addresses Houston's rotation decima…
HighAsus ROG Ally X vs. Budget Gaming Laptop: Which $800 Device Wins?
Tom's Guide compares the $800 Asus ROG Ally X handheld with the HP Victus 15 gaming laptop, analyzing portability, performance, interface, game genres, and bat…
HighAnthropic's Soaring Sales and Steep Losses Put the AI Boom to an IPO Test
Reuters reports Anthropic's rapid revenue growth alongside steep losses, raising questions about whether investor enthusiasm for AI can withstand public-market…
MediumTaiwan prosecutors raid Unimicron over suspected 'origin washing' fraud
Taiwan prosecutors searched printed circuit board maker Unimicron Technology's offices on suspicion of falsely labeling China-made products as Taiwan-made to g…
HighAustralian home prices surge but Sydney, Melbourne cool as rate cut hopes fade
Australian home prices jumped 1% in November to A$888,941 median value, but growth slowed in Sydney and Melbourne as interest rate cut expectations dimmed amid…
HighEllison reclaims second place as Oracle surge reshuffles billionaire rankings
Oracle co-founder Larry Ellison surpassed Google founders to become the world's second-richest person with $296B fortune, driven by Oracle's 28% stock surge in…
HighIBEX 35 supera los 19.400 puntos con cuarto máximo consecutivo impulsado por acuerdo EEUU-Irán
El IBEX 35 alcanza máximos consecutivos superando los 19.400 puntos tras sumar un 7% en cinco sesiones, impulsado por detalles del acuerdo de paz entre EEUU e…
HighMCX gold slips below ₹1.43L as dollar strength, yields weigh on bullion
Gold and silver prices declined in India on July 13, driven by a stronger US dollar, higher Treasury yields, and rising crude oil prices amid US-Iran tensions.
HighPetrolio sotto 80 dollari: la benzina scende a 1,88 euro, minimo da un mese e mezzo
Il dialogo tra Stati Uniti e Iran fa scendere il Brent sotto gli 80 dollari e i prezzi alla pompa: la benzina scende a 1,88 euro al litro, minimo da inizio mag…
MediumLotofácil 3689: veja números sorteados; prêmio estimado em R$ 5 milhões
The Brazilian real depreciated 0.84% against the dollar on May 19, crossing R$ 5.00 amid global emerging market pressure and domestic political uncertainty fol…
HighEight S&P 500 Stocks Poised to Repeat 50%+ Profit Growth in Q2
Eight S&P 500 companies including MGM Resorts and Booking Holdings posted 50%+ profit growth in Q1 2023, with analysts expecting similar performance in Q2, sig…
HighS&P 500 Could Hit 9,000 by End of 2027 With Modest Earnings Growth
Market analyst predicts S&P 500 will finish 2027 above 9,000 based on modest 16% earnings growth and stable valuations, requiring no multiple expansion from cu…
MediumMarkets Grow Numb to Trump's Iran Threats as Oil, Rates Dominate
Stock markets are showing diminished reaction to Trump's Iran rhetoric, signaling potential complacency about geopolitical risks that could destabilize oil sup…
MediumRubio visits Uzbekistan to strengthen US trade ties across Central Asia
Secretary of State Marco Rubio is visiting Uzbekistan to promote US diplomatic and trade relationships with Central Asia, attending business council meetings a…
HighHaypp Targets 18%-25% CAGR to 2028 and 5.5% Adjusted EBIT Margin as It Rebalances U.S./U.K. Marketing
Haypp Group outlined an 18%-25% CAGR to 2028 and a 5.5% adjusted EBIT margin target after Q3 2026 sales rose 28% and margins hit records, while rebalancing U.S…
MediumDow Jones surpasses 50,000 for first time in historic milestone
The Dow Jones Industrial Average surpassed 50,000 points for the first time in its 129-year history, reflecting broad market strength despite geopolitical tens…
HighAsia's Labour Arbitrage Era Ends as Wages, Demographics Force Tech Adoption
Asia's three-decade reliance on cheap labour for real asset growth is ending due to wage inflation, demographic shifts, and ESG pressures, forcing operators to…
HighLagarde's ECB Forecasts Signal Steady Rates Amid Economic Data Week
ECB President Lagarde will present updated economic forecasts this week while maintaining current interest rates. Portugal's debt issuance and economic data re…
MediumIndian shares rise on HDFC Bank leadership changes, easing oil prices
Indian stock benchmarks opened higher Tuesday, led by banking stocks after HDFC Bank announced management changes including appointing Rajiv Kumar as part-time…
HighSpaceX raggiunge l'utile operativo con l'IA, titolo in rialzo after hours
SpaceX ha raggiunto l'utile operativo nel terzo trimestre, trainato dalla crescita dell'intelligenza artificiale e dai clienti Starlink, con il titolo in rialz…
HighHealey's First Budget Draws Verdicts From Modest to 'a Snoozer' Across the Press
UK newspapers split on Chancellor John Healey's first Budget, with several calling it modest or a holding statement while the Mirror praised measures for strug…
MediumDelhi start-up CarryMen sparks debate over entitlement and labor exploitation
A Delhi-based start-up offers shopping assistants in markets for under $1/hour, creating jobs but triggering debate over middle-class entitlement and worker ex…
HighAcciones argentinas suben en Wall Street, pero el riesgo país vuelve a subir a 674 puntos
Las acciones argentinas subieron en Wall Street, pero los bonos cerraron con pérdidas y el riesgo país avanzó a 674 puntos, con el dólar mayorista en nuevo máx…
HighNZ Mortgage Interest Ticks Up as Borrowers Keep Repaying Fast; Rent Flat, Lending Growth Slows
A daily financial roundup reports flat rents, a slight rise in mortgage interest paid, steady excess repayments, and three months of year-on-year declines in n…
MediumNigeria Charts Path to Net Zero by 2060 Amid Energy Access Crisis
Nigeria launches comprehensive energy transition strategy balancing oil economy with renewable energy expansion, aiming for net-zero emissions by 2060 while ad…
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