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
Euro Zone Inflation Rises Slightly to 2.1% in August
Headline inflation ticks up, but ECB expected to hold Euro zone inflation edged up to 2.1% in August, according to Eurostat’s flash estimate released Tuesday. The figure came in just above economist
“Job Hugging” Gains Ground in Uncertain Labor Market
Shift from “Great Resignation” to job security A new workplace trend is taking shape in the United States. As economic uncertainties loom, many American workers are turning away from the once-popular “job
Inflation Rises Again as Tariffs Take Effect
Core inflation hits highest level since February Inflation in the United States continued to climb in July, according to the Federal Reserve’s preferred gauge. The core personal consumption expenditures (PCE) index, which
Australia’s inflation jump dims rate cut hopes
Consumer prices surge beyond expectations Australia’s monthly consumer price index rose 2.8% in July from a year earlier, sharply higher than June’s 1.9% and surpassing forecasts of 2.3%. The spike, driven largely
BMO lifts buybacks as economic fears ease
Bank sees stable outlook despite trade policy risks Bank of Montreal is leaning into investor confidence, announcing a significant expansion of its share repurchase program after a strong earnings report. The move
New Zealand rate cuts face delayed economic impact
Central bank cites tariff uncertainty and weak confidence The Reserve Bank of New Zealand (RBNZ) acknowledged on Thursday that the economic impact of its recent interest rate cuts has been slower than
Trump Ousts BLS Chief as Fed Weighs Rate Cuts
Disputed jobs report sparks leadership change President Donald Trump has removed the head of the Bureau of Labor Statistics (BLS) after rejecting July’s employment report as “rigged.” The decision follows a release
Bank of England Set to Cut Rates Amid Rising Jobless Rate
Markets expect fifth cut as economy stalls The Bank of England is poised to lower interest rates this week in an effort to support a stalling UK economy under pressure from rising
Trump Slaps 50% Tariff on Copper, Market Reacts Sharply
Tariff Sparks Massive Sell-Off in Copper Market President Donald Trump signed an executive order Wednesday imposing a sweeping 50% tariff on all copper imports. The move triggered an immediate market reaction, with
Powell Stands Firm as Trump Escalates Fed Pressure
Fed Chair Resists Calls to Resign Amid Political Firestorm Federal Reserve Chair Jerome Powell has made it clear to allies that he will not step down under pressure from President Donald Trump,