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
Gold Breaks $3,100 as Tariff Fears Mount
Record high driven by Trump policies and geopolitical turmoil Gold prices surged to an all-time high on Monday, topping $3,100 per ounce for the first time amid fears over U.S. President Donald
Goldman Sachs Warns of Higher Recession Risk
Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift
Trump Auto Tariffs May Add $10K to Car Prices
New 25% levy targets imported vehicles and parts President Donald Trump on Wednesday announced a 25% tariff on imported cars and key auto parts, effective April 3. The new measure adds to
Irish Consumer Confidence Dives on Trade War Fears
Sentiment hits lowest level in nine months amid tariff threats Consumer sentiment in Ireland dropped sharply in March, hitting a nine-month low as concerns mounted over the possible fallout from a U.S.-Europe
U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook
Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The
Trump Tariff Fears Push Copper Prices to Record High
New York copper hits all-time high Copper prices in New York hit an all-time high on Wednesday, with futures spiking to $5.374 per pound before settling at a record $5.24. The surge
Indonesia Ready to Intervene as Rupiah Nears 1998 Lows
Central bank monitoring markets The Indonesian central bank said it is ready to intervene to stabilise the rupiah, which on Wednesday stayed close to its lowest levels since 1998 even as officials
US Consumer Confidence Hits 4-Year Low in March
Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over
U.S. Port Fees on Chinese-Built Ships Face Fierce Backlash
Farmers, Shippers Warn of Economic Fallout from Tariff Plan Business groups are warning that proposed U.S. port fees on Chinese-built ships could devastate American exporters, especially farmers, and disrupt global supply chains.
Fed Officials Signal Patience on Interest Rate Cuts
Williams and Goolsbee Highlight Economic Uncertainty New York Federal Reserve President John Williams said Friday that the U.S. central bank’s current monetary policy stance is appropriate, given the high level of uncertainty