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…
Canadas Unemployment Rate Rises to Six-Month High as Full-Time Jobs Drop
Islam Times – Canada’s unemployment rate rose to a six-month high in April to 6.9% as the economy…
The Hormuz fallout
A vessel in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026.— Reuters The Strait of…
Iran Blockades Strait of Hormuz Amid Escalating Regional War
The global energy market has been thrown into chaos following Iran’s complete maritime blockade of the Strait of…
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…
Kiwi economist’s frank warning to Reserve Bank as Iran war hits home, All things property, under OneRoof
– Kiwibank’s chief economist Jarrod Kerr says the US-Iran conflict is increasing oil prices, impacting lower-income households. –…
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…
Rising fuel prices strand hundreds of Indonesian fishermen
JAKARTA – Hundreds of fishermen in an Indonesian coastal town on the island of Java have been forced…
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…
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…
Australia’s central bank set to cool its heels after rapid-fire rate hikes
By Stella Qiu and Wayne Cole, Reuters Photo: AFP or licensors RBA warns inflation to stay sticky, citing…