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Economy

10326 posts
EEconomy
Economist Gary Shilling warns US recession is 'almost inevitable' in 2026
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Economist Gary Shilling warns US recession is ‘almost inevitable’ in 2026

  • May 5, 2026
Billionaire investor Leon Cooperman discusses artificial intelligence performance and market uncertainty amid geopolitical concerns on ‘The Claman Countdown.’…
EEconomy
Jerome Powell speaking with reporters following a Federal Open Market Committee meeting.
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Yikes! The Federal Reserve’s April and Quarterly Annualized Inflation Forecast Was Just Updated — and It Isn’t Pretty

  • May 5, 2026
It’s a bird! It’s a plane! No, it’s not Superman, either! It’s the benchmark S&P 500 (^GSPC +0.79%)…
EEconomy
Central banks risk recession from rate hikes on oil shock: strategist
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Central banks risk recession from rate hikes on oil shock: strategist

  • May 5, 2026
Central banks risk a global recession by raising interest rates in a bid to contain soaring energy costs,…
EEconomy
Mapping Mali’s gold and natural resource wealth | Interactive News
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Mapping Mali’s gold and natural resource wealth | Interactive News

  • May 5, 2026
The West African country holds Africa’s third-largest gold reserves, plus vast lithium and uranium deposits. Mali has been…
EEconomy
South Africa fuel prices surge as oil tops $100 on Middle East tensions
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South Africa fuel prices surge as oil tops $100 on Middle East tensions

  • May 5, 2026
The increase follows a jump in the benchmark Brent crude oil to $101 (R1,697) per barrel, up…
EEconomy
The U.S. debt now exceeds the country's GDP. Should we worry?
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The U.S. debt now exceeds the country’s GDP. Should we worry?

  • May 5, 2026
America’s national debt has surpassed the country’s gross domestic product for the first time since World War II,…
EEconomy
Nigeria’s oil giant remits $2.1billion as oil reforms boost revenue in 2026
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Nigeria’s oil giant remits $2.1billion as oil reforms boost revenue in 2026

  • May 5, 2026
The payments mark one of the clearest signs yet that recent policy changes aimed at tightening transparency…
EEconomy
Treasury yields ease as investors assess Iran war's economic impact
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Treasury yields ease as investors assess Iran war’s economic impact

  • May 5, 2026
U.S. Treasury yields eased slightly on Tuesday after spiking the previous session, as concerns about higher energy costs…
EEconomy
US foreclosures hit 6-year high as insurance and property tax costs rise
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US foreclosures hit 6-year high as insurance and property tax costs rise

  • May 5, 2026
Sothebys International Realty broker Jenna Stauffer analyzes the U.S. housing market, noting a shift in buyer behavior, on…
EEconomy
ECB forecasters slash growth and raise inflation outlook as energy shock bites
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ECB forecasters slash growth and raise inflation outlook as energy shock bites

  • May 5, 2026
ECB professional forecasters have raised eurozone inflation expectations to 2.7% for 2026 while cutting growth forecasts to 1.0%,…
EEconomy
Chinese firms suspend US expansion as business climate worsens
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Chinese firms suspend US expansion as business climate worsens

  • May 5, 2026
Business deals Investment in country unlikely to rebound meaningfully despite possible push by two leaders CGCC’s annual survey was…
EEconomy
Australia hikes rates again and warns inflation will stay higher for longer
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Australia hikes rates again and warns inflation will stay higher for longer

  • May 5, 2026
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head…
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