Iran’s Economy Strains Under War Pressure
Hormuz Leverage Comes At A Domestic Cost Iran’s control over the Strait of Hormuz has disrupted global energy supplies and intensified pressure on the world economy, but the war is also testing
US Hiring Surge Eases Labor Market Fears
Headline Data Points To Resilience The US labor market has sent mixed signals in 2026, with strong headline numbers offset by softer underlying indicators. The latest Job Openings and Labor Turnover data
US Job Market Shows Signs Of Thawing
Hiring Picks Up After A Long Freeze New federal labor market data suggests the US job market may be starting to thaw after more than a year of weak hiring and limited
Ray Dalio Warns US Tariff Policies Could Lead to Recession
Dalio Expresses Concern Over Global Economic Impact Bridgewater founder Ray Dalio expressed significant concerns about the potential global economic turmoil resulting from President Donald Trump’s tariff and economic policies. During an appearance
Gasoline Prices Predicted to Fall Amid US-China Trade War
Current Gasoline Price Trends As of Friday, the national average price of gasoline was $3.21 per gallon, reflecting a $0.13 increase from a month ago but a nearly $0.42 decrease compared to
BlackRock CEO Fink Warns U.S. Economy Near Recession
Economic Slowdown Due to Trump’s Tariffs BlackRock CEO Larry Fink shared his concerns on CNBC Friday, stating that he believes the U.S. economy is on the brink of recession. He noted that
Consumer Sentiment Hits Record Low Amid Inflation Fears
Consumer sentiment fell to unexpected lows in April, driven by rising inflation expectations. The University of Michigan’s mid-month survey revealed that consumer confidence had sharply dropped, marking the lowest reading since June
China Moves to Stabilize Yuan Amid Tariff Pressure
PBOC Cracks Down on Dollar Buys to Support Yuan China’s central bank is taking steps to prevent a sharp yuan decline as pressure mounts from new U.S. tariffs. Sources say the People’s
Mortgage Rates Spike After Tariff-Driven Volatility
Mortgage Rates Climb After Weeks of Relative Calm Mortgage rates surged this week, breaking a period of stability, as Trump’s tariff announcement triggered inflation concerns and rattled the bond market. According to
U.S. Egg Prices Hit New High Despite No Bird Fl
U.S. egg prices surged again last month, reaching a new record of $6.23 per dozen. This comes despite President Trump’s optimistic projections, a decline in wholesale prices, and no recent bird flu
Oil Prices Plunge to Four-Year Low Amid Escalating Trade War
Trade War Escalates, Oil and Other Commodities Hit Hard Oil prices tumbled to a four-year low as the escalating trade war between the U.S. and China weighed heavily on global energy demand.
Indonesia Central Bank to Intervene as Rupiah Hits Record Low
Bank Indonesia to Act Boldly Amid Global Trade Tensions Indonesia’s central bank, Bank Indonesia (BI), announced its intention to take bold steps to stabilize the rupiah, which has hit a record low
Dollar Weakens as Trade War and Recession Fears Mount
U.S. Dollar and Yuan Hit Low as Trade War Escalates The U.S. dollar weakened against major currencies, including the yen and euro, as trade disputes triggered by President Donald Trump’s sweeping tariffs