Iran war is draining world’s oil buffer at an unprecedented pace
The world has burned through oil inventories at a record speed as the Iran war throttles flows from…
Australian property market sees auction clearance rates fall amid RBA interest rate rise and federal budget tax change concerns
Interest rate rises and possible changes to property taxes in Tuesday’s federal budget have spooked home buyers, resulting…
VIDEO: Interest rates and the Federal Budget; Mike Bowers & Eleri Harris with Talking Pictures – Australian Broadcasting Corporation
VIDEO: Interest rates and the Federal Budget; Mike Bowers & Eleri Harris with Talking Pictures Australian Broadcasting CorporationRate hike…
How Bangladesh’s premium consumer market lost its shine
Retailers selling premium and imported products describe the same picture: weakening footfall, unsold stock piling up, and customers…
China’s AI drive seen widening wealth gap, testing ‘common prosperity’ push
China wants artificial intelligence to become a new engine of growth, powering everything from factory upgrades to scientific…
Iran’s grip on the Strait of Hormuz has jolted the world economy
Iran’s grip on the Strait of Hormuz has jolted the world economy, causing a spike in fuel prices…
US consumer confidence hits record low as Americans fret about rising prices; jobs report beats forecasts – as it happened | Business
US economy beats forecasts with 115,000 new jobs added in April Newsflash: the US economy added more jobs…
Russian debt defaults are surging as Putin hides in bunkers fixated on war instead of the economy
The Russian economy is now shrinking, and businesses are having more trouble keeping up with debt payments, representing…
Affirm CEO says ‘the American consumer is unbelievably resilient’
Affirm CEO Max Levchin told Jim Cramer the American consumer remains strong, even as concerns about the economy…
‘Not a single one’: After 100 applications, a 28-year-old still can’t find work – CTV News
‘Not a single one’: After 100 applications, a 28-year-old still can’t find work CTV NewsYouth unemployment rises as Canada…
Tracking the K-Shaped Economy: Who’s Driving Spending?
Rajashri Chakrabarti, Thu Pham, Beck Pierce, and Maxim L. Pinkovskiy Editors’ Note: The title of the second chart…
Australian lenders all have an ‘edge of cliff’ mortgage interest rate. Here’s how to push them to it and get a better deal | Interest rates
After three consecutive interest rate hikes, mortgage holders are being squeezed. If you are seeking a better interest…